Three M Paper Boards (BOM:544214) Gross Margin %: 38.34% (As of Mar. 2026) — Near Median

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BOM:544214 Three M Paper Boards Ltd BOM:544214
29 GF Score
Price ₹23.95
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What is Three M Paper Boards Gross Margin %?

Three M Paper Boards BOM:544214 -1.80% 29 Gross Margin % is 38.34% as of Mar. 2026, which is 5% above its 10-year median of 36.40. GuruFocus rates BOM:544214 with a GF Score™ of 29/100. The stock has 6 warning signs investors should review. Among 278 Forest Products companies, Three M Paper Boards ranks better than 80.22% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Three M Paper Boards's Gross Profit for the six months ended in Mar. 2026 was ₹590 Mil. Three M Paper Boards's Revenue for the six months ended in Mar. 2026 was ₹1,539 Mil. Therefore, Three M Paper Boards's Gross Margin % for the quarter that ended in Mar. 2026 was 38.34%.


The historical rank and industry rank for Three M Paper Boards's Gross Margin % or its related term are showing as below:

BOM:544214' s Gross Margin % Range Over the Past 10 Years
Min: 34.01   Med: 36.4   Max: 38.44
Current: 38.04


During the past 6 years, the highest Gross Margin % of Three M Paper Boards was 38.44%. The lowest was 34.01%. And the median was 36.40%.

BOM:544214's Gross Margin % is ranked better than
80.22% of 278 companies
in the Forest Products industry
Industry Median: 18.73 vs BOM:544214: 38.04

Three M Paper Boards had a gross margin of 38.34% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Three M Paper Boards was 0.00% per year.


Three M Paper Boards  (BOM:544214) 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

Three M Paper Boards had a gross margin of 38.34% 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.


Three M Paper Boards Gross Margin % Related Terms


Three M Paper Boards Gross Margin % Historical Data

* Premium members only.

The historical data trend for Three M Paper Boards'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.

Three M Paper Boards Gross Margin % Chart

Three M Paper Boards Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial 36.10 34.01 34.06 36.69 38.04

Three M Paper Boards Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only 33.78 39.08 34.53 37.72 38.34

Three M Paper Boards Gross Margin % Competitor Comparison

For the Paper & Paper Products subindustry, Three M Paper Boards'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.


Three M Paper Boards Gross Margin % vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Three M Paper Boards's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Three M Paper Boards's Gross Margin % falls into.


BOM:544214
29GF Score
Three M Paper Boards Ltd BOM:544214
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Three M Paper Boards Gross Margin % Calculation

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

Three M Paper Boards'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 )
=1130.6 / 2971.861
=(Revenue - Cost of Goods Sold) / Revenue
=(2971.861 - 1841.231) / 2971.861
=38.04 %

Three M Paper Boards'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 )
=590 / 1538.604
=(Revenue - Cost of Goods Sold) / Revenue
=(1538.604 - 948.648) / 1538.604
=38.34 %

* 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 38.34% mean?
Three M Paper Boards (BOM:544214) has a Gross Margin % of 38.34% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Three M Paper Boards and its competitors. This is near median its historical median of 36.40. Over the past decade, Three M Paper Boards' Gross Margin % has ranged from 34.01 to 38.44. According to the industry distribution chart, Three M Paper Boards ranks #55 out of 278 companies in the Forest Products industry, placing it in the top 19.8%.
Is Three M Paper Boards' Gross Margin % too high?
Three M Paper Boards' current Gross Margin % of 38.34% is near median its 10-year median of 36.40. Over the past 10 years, this metric has ranged from a low of 34.01 to a high of 38.44. The Forest Products industry median Gross Margin % is 18.73. Three M Paper Boards' value of 38.34% is 104.7% above this industry median. Based on the distribution chart, Three M Paper Boards ranks #55 out of 278 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Three M Paper Boards has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Three M Paper Boards' Gross Margin % compare to competitors?
According to the Forest Products industry distribution chart, Three M Paper Boards ranks #55 out of 278 companies for Gross Margin %. This places Three M Paper Boards in the top 20% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 18.73. Three M Paper Boards' value of 38.34% is 104.7% above this benchmark. Historically, Three M Paper Boards' own Gross Margin % has ranged from 34.01 to 38.44 over the past decade. While the company's 10-year median is 36.40 vs. the industry median of 18.73, Three M Paper Boards 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 Forest Products company?
The median Gross Margin % among Forest Products companies is 18.73, based on 278 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. Three M Paper Boards's current Gross Margin % of 38.34% is 104.7% 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 Three M Paper Boards and its competitors. For the Forest Products industry, the median Gross Margin % is 18.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Three M Paper Boards's current Gross Margin % is 38.34%, which is near median its own 10-year median of 36.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Three M Paper Boards stock overvalued right now?
Three M Paper Boards (BOM:544214) has a current Gross Margin % of 38.34%. The current Gross Margin % is 38.34%, which is near median its 10-year median of 36.40 and 104.7% above the Forest Products industry median of 18.73. Three M Paper Boards' overall GF Score™ is 29/100 with 6 warning signs 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 Three M Paper Boards (BOM:544214), the current Gross Margin % is 38.34% 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.

Three M Paper Boards Business Description

Address 5-B Naigaon Cross Road, A33 & 34, Floor-2, Royal Industrial Estate, Wadala, Mumbai, MH, IND, 400031
Three M Paper Boards Ltd is engaged in the business of manufacturing recycled paper-based Duplex Board products used in various packaging applications across industries such as food and beverage, pharmaceuticals, cosmetics, and consumer goods and supplies. The products are made out of recycled waste paper and are completely biodegradable. Its products include Royal WB, Royal GB, and Prima GB. The company is also engaged in the activity of generation of Wind Energy.
29GF Score

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