Malpani Pipes And Fittings (BOM:544351) Gross Margin %: 18.59% (As of Mar. 2026) — 55% Above Median

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BOM:544351 Malpani Pipes And Fittings Ltd BOM:544351
16 GF Score
Price ₹67.00
! 5 Warning Signs
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What is Malpani Pipes And Fittings Gross Margin %?

Malpani Pipes And Fittings BOM:544351 16 Gross Margin % is 18.59% as of Mar. 2026, which is 55% above its 10-year median of 11.97. GuruFocus rates BOM:544351 with a GF Score™ of 16/100. The stock has 5 warning signs investors should review. Among 1,564 Chemicals companies, Malpani Pipes And Fittings ranks worse than 63.04% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Malpani Pipes And Fittings's Gross Profit for the six months ended in Mar. 2026 was ₹174 Mil. Malpani Pipes And Fittings's Revenue for the six months ended in Mar. 2026 was ₹935 Mil. Therefore, Malpani Pipes And Fittings's Gross Margin % for the quarter that ended in Mar. 2026 was 18.59%.


The historical rank and industry rank for Malpani Pipes And Fittings's Gross Margin % or its related term are showing as below:

BOM:544351' s Gross Margin % Range Over the Past 10 Years
Min: 8.25   Med: 11.97   Max: 19.97
Current: 19.16


During the past 5 years, the highest Gross Margin % of Malpani Pipes And Fittings was 19.97%. The lowest was 8.25%. And the median was 11.97%.

BOM:544351's Gross Margin % is ranked worse than
63.04% of 1564 companies
in the Chemicals industry
Industry Median: 23.87 vs BOM:544351: 19.16

Malpani Pipes And Fittings had a gross margin of 18.59% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Malpani Pipes And Fittings was 0.00% per year.


Malpani Pipes And Fittings  (BOM:544351) 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

Malpani Pipes And Fittings had a gross margin of 18.59% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage


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.


Malpani Pipes And Fittings Gross Margin % Related Terms


Malpani Pipes And Fittings Gross Margin % Historical Data

* Premium members only.

The historical data trend for Malpani Pipes And Fittings'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.

Malpani Pipes And Fittings Gross Margin % Chart

Malpani Pipes And Fittings Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
9.69 8.25 11.97 19.97 19.16

Malpani Pipes And Fittings Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Gross Margin % Get a 7-Day Free Trial 0.00 20.04 19.93 19.91 18.59

BOM:544351 vs LIN, SHW, ECL: Gross Margin % Comparison

For the Specialty Chemicals subindustry, Malpani Pipes And Fittings'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.


Malpani Pipes And Fittings Gross Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Malpani Pipes And Fittings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Malpani Pipes And Fittings's Gross Margin % falls into.


BOM:544351
16GF Score
Malpani Pipes And Fittings Ltd BOM:544351
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Malpani Pipes And Fittings Gross Margin % Calculation

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

Malpani Pipes And Fittings'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 )
=312.3 / 1630.332
=(Revenue - Cost of Goods Sold) / Revenue
=(1630.332 - 1318.032) / 1630.332
=19.16 %

Malpani Pipes And Fittings'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 )
=173.8 / 934.718
=(Revenue - Cost of Goods Sold) / Revenue
=(934.718 - 760.924) / 934.718
=18.59 %

* 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 18.59% mean?
Malpani Pipes And Fittings (BOM:544351) has a Gross Margin % of 18.59% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Malpani Pipes And Fittings and its competitors. This is 55% above median its historical median of 11.97. Over the past decade, Malpani Pipes And Fittings' Gross Margin % has ranged from 8.25 to 19.97. According to the industry distribution chart, Malpani Pipes And Fittings ranks #986 out of 1564 companies in the Chemicals industry, placing it in the top 63%.
Is Malpani Pipes And Fittings' Gross Margin % too high?
Malpani Pipes And Fittings' current Gross Margin % of 18.59% is 55% above median its 10-year median of 11.97. Over the past 10 years, this metric has ranged from a low of 8.25 to a high of 19.97. The Chemicals industry median Gross Margin % is 23.87. Malpani Pipes And Fittings' value of 18.59% is 22.1% below this industry median. Based on the distribution chart, Malpani Pipes And Fittings ranks #986 out of 1564 companies in the Chemicals industry, which is below the industry midpoint. Overall, Malpani Pipes And Fittings has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Malpani Pipes And Fittings' Gross Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Malpani Pipes And Fittings ranks #986 out of 1564 companies for Gross Margin %. This places Malpani Pipes And Fittings in the lower half of its industry. The industry median Gross Margin % is 23.87. Malpani Pipes And Fittings' value of 18.59% is 22.1% below this benchmark. Historically, Malpani Pipes And Fittings' own Gross Margin % has ranged from 8.25 to 19.97 over the past decade. While the company's 10-year median is 11.97 vs. the industry median of 23.87, Malpani Pipes And Fittings has consistently been below 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 Chemicals company?
The median Gross Margin % among Chemicals companies is 23.87, based on 1,564 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. Malpani Pipes And Fittings's current Gross Margin % of 18.59% is 22.1% below 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 Malpani Pipes And Fittings and its competitors. For the Chemicals industry, the median Gross Margin % is 23.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Malpani Pipes And Fittings's current Gross Margin % is 18.59%, which is 55% above median its own 10-year median of 11.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malpani Pipes And Fittings stock overvalued right now?
Malpani Pipes And Fittings (BOM:544351) has a current Gross Margin % of 18.59%. The current Gross Margin % is 18.59%, which is 55% above median its 10-year median of 11.97 and 22.1% below the Chemicals industry median of 23.87. Malpani Pipes And Fittings' overall GF Score™ is 16/100 with 5 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 Malpani Pipes And Fittings (BOM:544351), the current Gross Margin % is 18.59% 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.

Malpani Pipes And Fittings Business Description

Address Sector B Industrial Area, 65-A, Ratlam, MP, IND, 457001
Malpani Pipes And Fittings Ltd manufactures a range of high-grade plastic pipes. Its products include High-Density Polyethylene (HDPE) Pipes, Medium-Density Polyethylene (MDPE) Pipes, and Linear Low-Density Polyethylene (LLDPE) Pipes, all marketed under the brand name. The company is also engaged in the trading of granules and PVC pipes, as well as the sale of services. It distributes its products to both wholesalers and retailers. Additionally, the company supplies pipes for government projects through authorized contractors involved in local, state or federal development schemes. Also, It supplies pipes to farmers in terms of farmer welfare policies launched by the Central or State Government.
16GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹67.00
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