Associated Coaters (BOM:544183) Gross Margin %: 39.82% (As of Mar. 2026) — Near Median

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BOM:544183 Associated Coaters Ltd BOM:544183
21 GF Score
Price ₹103.50
! 1 Warning Sign
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What is Associated Coaters Gross Margin %?

Associated Coaters BOM:544183 -13.61% 21 Gross Margin % is 39.82% as of Mar. 2026, which is 8% below its 10-year median of 43.40. GuruFocus rates BOM:544183 with a GF Score™ of 21/100. The stock has 1 warning sign investors should review. Among 1,009 Business Services companies, Associated Coaters ranks better than 62.93% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Associated Coaters's Gross Profit for the six months ended in Mar. 2026 was ₹20.56 Mil. Associated Coaters's Revenue for the six months ended in Mar. 2026 was ₹51.63 Mil. Therefore, Associated Coaters's Gross Margin % for the quarter that ended in Mar. 2026 was 39.82%.


The historical rank and industry rank for Associated Coaters's Gross Margin % or its related term are showing as below:

BOM:544183' s Gross Margin % Range Over the Past 10 Years
Min: 25.71   Med: 43.4   Max: 55.84
Current: 43.4


During the past 6 years, the highest Gross Margin % of Associated Coaters was 55.84%. The lowest was 25.71%. And the median was 43.40%.

BOM:544183's Gross Margin % is ranked better than
62.93% of 1009 companies
in the Business Services industry
Industry Median: 34.46 vs BOM:544183: 43.40

Associated Coaters had a gross margin of 39.82% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Associated Coaters was 0.00% per year.


Associated Coaters  (BOM:544183) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Associated Coaters had a gross margin of 39.82% for the quarter that ended in Mar. 2026 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Associated Coaters Gross Margin % Related Terms


Associated Coaters Gross Margin % Historical Data

* Premium members only.

The historical data trend for Associated Coaters's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Associated Coaters Gross Margin % Chart

Associated Coaters Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial 25.71 34.09 48.48 55.84 43.40

Associated Coaters Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only 62.23 58.97 53.86 49.37 39.82

BOM:544183 vs CTAS, CPRT, GPN: Gross Margin % Comparison

For the Specialty Business Services subindustry, Associated Coaters's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Associated Coaters Gross Margin % vs Business Services Industry

For the Business Services industry and Industrials sector, Associated Coaters's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Associated Coaters's Gross Margin % falls into.


BOM:544183
21GF Score
Associated Coaters Ltd BOM:544183
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Associated Coaters Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Associated Coaters's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=35.9 / 82.633
=(Revenue - Cost of Goods Sold) / Revenue
=(82.633 - 46.767) / 82.633
=43.40 %

Associated Coaters's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=20.6 / 51.626
=(Revenue - Cost of Goods Sold) / Revenue
=(51.626 - 31.067) / 51.626
=39.82 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 39.82% mean?
Associated Coaters (BOM:544183) has a Gross Margin % of 39.82% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Associated Coaters and its competitors. This is near median its historical median of 43.40. Over the past decade, Associated Coaters' Gross Margin % has ranged from 25.71 to 55.84. According to the industry distribution chart, Associated Coaters ranks #374 out of 1009 companies in the Business Services industry, placing it in the top 37.1%.
Is Associated Coaters' Gross Margin % too high?
Associated Coaters' current Gross Margin % of 39.82% is near median its 10-year median of 43.40. Over the past 10 years, this metric has ranged from a low of 25.71 to a high of 55.84. The Business Services industry median Gross Margin % is 34.46. Associated Coaters' value of 39.82% is 15.6% above this industry median. Based on the distribution chart, Associated Coaters ranks #374 out of 1009 companies in the Business Services industry, which is above the industry midpoint. Overall, Associated Coaters has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Associated Coaters' Gross Margin % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Associated Coaters ranks #374 out of 1009 companies for Gross Margin %. This puts Associated Coaters in the upper half of its industry. The industry median Gross Margin % is 34.46. Associated Coaters' value of 39.82% is 15.6% above this benchmark. Historically, Associated Coaters' own Gross Margin % has ranged from 25.71 to 55.84 over the past decade. While the company's 10-year median is 43.40 vs. the industry median of 34.46, Associated Coaters has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Business Services company?
The median Gross Margin % among Business Services companies is 34.46, based on 1,009 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Associated Coaters's current Gross Margin % of 39.82% is 15.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Associated Coaters and its competitors. For the Business Services industry, the median Gross Margin % is 34.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Associated Coaters's current Gross Margin % is 39.82%, which is near median its own 10-year median of 43.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associated Coaters stock overvalued right now?
Associated Coaters (BOM:544183) has a current Gross Margin % of 39.82%. The current Gross Margin % is 39.82%, which is near median its 10-year median of 43.40 and 15.6% above the Business Services industry median of 34.46. Associated Coaters' overall GF Score™ is 21/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Associated Coaters (BOM:544183), the current Gross Margin % is 39.82% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Associated Coaters Business Description

Address Ashuti Khanberia Maheshtala LP 20/83/46, Vivekanandapur, South 24 Parganas, Thakurpukur Mahestola, Kolkata, WB, IND, 700141
Associated Coaters Ltd is engaged in the business of providing services by way of pre-treatment and powder coating of aluminium extrusions in the Architect and Real Estate Industry. The company's process begins with surface cleaning to eliminate dirt, grease, or other contaminants, followed by the application of a strategic chemical solution to enhance powder coating adhesion. Techniques such as acidic surface etching and specialized pretreatment agents ensure optimal surface wettability.
21GF Score

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