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Manoj JewellersBOM:544400 48 Gross Margin % is 17.41% as of Mar. 2026, which is 1% below its 10-year median of 17.62. GuruFocus rates BOM:544400 with a GF Score™ of 48/100. The stock has 5 warning signs investors should review. Among 1,121 Retail - Cyclical companies, Manoj Jewellers ranks worse than 83.76% on this metric.
Manoj Jewellers Ltd gross margin has been in long-term decline. The average rate of decline per year is -16.5%.
The historical rank and industry rank for Manoj Jewellers's Gross Margin % or its related term are showing as below:
BOM:544400'
s Gross Margin % Range Over the Past 10 Years
Min: 15.4 Med: 17.62 Max: 35.2
Current: 15.4
During the past 7 years, the highestGross Margin % of Manoj Jewellers was 35.20%. The lowest was 15.40%. And the median was 17.62%.
BOM:544400's Gross Margin % is ranked worse than 83.76% of 1121
companies
in the Retail - Cyclical industry
Industry Median: 36.25
vs BOM:544400: 15.40
Manoj Jewellers had a gross margin of 17.41% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Manoj Jewellers was -16.50% per year.
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
Manoj Jewellers had a gross margin of 17.41% 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.
Manoj Jewellers Gross Margin % Related Terms
Manoj Jewellers Gross Margin % Historical Data
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The historical data trend for Manoj Jewellers'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.
For the Luxury Goods subindustry, Manoj Jewellers'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.
Manoj Jewellers Gross Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Manoj Jewellers's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Manoj Jewellers's Gross Margin % falls into.
* 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.
Manoj Jewellers (BOM:544400) has a Gross Margin % of 17.41% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Manoj Jewellers and its competitors. This is near median its historical median of 17.62. Over the past decade, Manoj Jewellers' Gross Margin % has ranged from 15.40 to 35.20. According to the industry distribution chart, Manoj Jewellers ranks #939 out of 1121 companies in the Retail - Cyclical industry, placing it in the top 83.8%.
Is Manoj Jewellers' Gross Margin % too high?
Manoj Jewellers' current Gross Margin % of 17.41% is near median its 10-year median of 17.62. Over the past 10 years, this metric has ranged from a low of 15.40 to a high of 35.20. The Retail - Cyclical industry median Gross Margin % is 36.25. Manoj Jewellers' value of 17.41% is 52% below this industry median. Based on the distribution chart, Manoj Jewellers ranks #939 out of 1121 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Manoj Jewellers has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Manoj Jewellers' Gross Margin % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Manoj Jewellers ranks #939 out of 1121 companies for Gross Margin %. This places Manoj Jewellers in the lower half of its industry. The industry median Gross Margin % is 36.25. Manoj Jewellers' value of 17.41% is 52% below this benchmark. Historically, Manoj Jewellers' own Gross Margin % has ranged from 15.40 to 35.20 over the past decade. While the company's 10-year median is 17.62 vs. the industry median of 36.25, Manoj Jewellers 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 Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.25, based on 1,121 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. Manoj Jewellers's current Gross Margin % of 17.41% is 52% 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 Manoj Jewellers and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manoj Jewellers's current Gross Margin % is 17.41%, which is near median its own 10-year median of 17.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manoj Jewellers stock overvalued right now?
Manoj Jewellers (BOM:544400) has a current Gross Margin % of 17.41%. The current Gross Margin % is 17.41%, which is near median its 10-year median of 17.62 and 52% below the Retail - Cyclical industry median of 36.25. Manoj Jewellers' overall GF Score™ is 48/100 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 Manoj Jewellers (BOM:544400), the current Gross Margin % is 17.41% 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.
Manoj Jewellers Ltd is engaged in the retail and wholesale business of jewellery and ornaments made from gold and diamonds, embellished with precious and semiprecious stones. Its extensive portfolio includes a wide range of items such as rings, earrings, armlets, pendants, nose rings, bracelets, chains, necklaces, bangles, and other wedding jewellery pieces. Its diverse collection caters to various tastes and occasions, offering customers a selection of exquisite pieces to choose from. The company aims to provide high-quality and beautifully crafted jewellery to meet the needs and preferences of its clients.
48GF Score
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