True Colors (BOM:544531) Gross Margin %: 33.05% (As of Mar. 2026) — 42% Above Median

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BOM:544531 True Colors Ltd BOM:544531
18 GF Score
Price ₹153.90
! 4 Warning Signs
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What is True Colors Gross Margin %?

True Colors BOM:544531 -4.97% 18 Gross Margin % is 33.05% as of Mar. 2026, which is 42% above its 10-year median of 23.20. GuruFocus rates BOM:544531 with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 1,006 Business Services companies, True Colors ranks worse than 56.26% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. True Colors's Gross Profit for the six months ended in Mar. 2026 was ₹497 Mil. True Colors's Revenue for the six months ended in Mar. 2026 was ₹1,504 Mil. Therefore, True Colors's Gross Margin % for the quarter that ended in Mar. 2026 was 33.05%.


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

BOM:544531' s Gross Margin % Range Over the Past 10 Years
Min: 14.33   Med: 23.2   Max: 30.95
Current: 30.95


During the past 5 years, the highest Gross Margin % of True Colors was 30.95%. The lowest was 14.33%. And the median was 23.20%.

BOM:544531's Gross Margin % is ranked worse than
56.26% of 1006 companies
in the Business Services industry
Industry Median: 34.48 vs BOM:544531: 30.95

True Colors had a gross margin of 33.05% for the quarter that ended in Mar. 2026 => Competition eroding margins

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


True Colors  (BOM:544531) 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

True Colors had a gross margin of 33.05% 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.


True Colors Gross Margin % Related Terms


True Colors Gross Margin % Historical Data

* Premium members only.

The historical data trend for True Colors'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.

True Colors Gross Margin % Chart

True Colors Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
14.33 23.20 20.08 30.31 30.95

True Colors Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Gross Margin % Get a 7-Day Free Trial 0.00 21.97 35.81 28.86 33.05

BOM:544531 vs CTAS, CPRT, GPN: Gross Margin % Comparison

For the Specialty Business Services subindustry, True Colors'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.


True Colors Gross Margin % vs Business Services Industry

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

* The bar in red indicates where True Colors's Gross Margin % falls into.


BOM:544531
18GF Score
True Colors Ltd BOM:544531
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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True Colors Gross Margin % Calculation

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

True Colors'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 )
=933.3 / 3015.474
=(Revenue - Cost of Goods Sold) / Revenue
=(3015.474 - 2082.224) / 3015.474
=30.95 %

True Colors'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 )
=497.2 / 1504.338
=(Revenue - Cost of Goods Sold) / Revenue
=(1504.338 - 1007.129) / 1504.338
=33.05 %

* 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 33.05% mean?
True Colors (BOM:544531) has a Gross Margin % of 33.05% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on True Colors and its competitors. This is 42% above median its historical median of 23.20. Over the past decade, True Colors' Gross Margin % has ranged from 14.33 to 30.95. According to the industry distribution chart, True Colors ranks #566 out of 1006 companies in the Business Services industry, placing it in the top 56.3%.
Is True Colors' Gross Margin % too high?
True Colors' current Gross Margin % of 33.05% is 42% above median its 10-year median of 23.20. Over the past 10 years, this metric has ranged from a low of 14.33 to a high of 30.95. The Business Services industry median Gross Margin % is 34.48. True Colors' value of 33.05% is 4.1% below this industry median. Based on the distribution chart, True Colors ranks #566 out of 1006 companies in the Business Services industry, which is below the industry midpoint. Overall, True Colors has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does True Colors' Gross Margin % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, True Colors ranks #566 out of 1006 companies for Gross Margin %. This places True Colors in the lower half of its industry. The industry median Gross Margin % is 34.48. True Colors' value of 33.05% is 4.1% below this benchmark. Historically, True Colors' own Gross Margin % has ranged from 14.33 to 30.95 over the past decade. While the company's 10-year median is 23.20 vs. the industry median of 34.48, True Colors 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 Business Services company?
The median Gross Margin % among Business Services companies is 34.48, based on 1,006 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. True Colors's current Gross Margin % of 33.05% is 4.1% 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 True Colors and its competitors. For the Business Services industry, the median Gross Margin % is 34.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. True Colors's current Gross Margin % is 33.05%, which is 42% above median its own 10-year median of 23.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is True Colors stock overvalued right now?
True Colors (BOM:544531) has a current Gross Margin % of 33.05%. The current Gross Margin % is 33.05%, which is 42% above median its 10-year median of 23.20 and 4.1% below the Business Services industry median of 34.48. True Colors' overall GF Score™ is 18/100 with 4 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 True Colors (BOM:544531), the current Gross Margin % is 33.05% 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.

True Colors Business Description

Address Somakanjini Wadi Patel Line Khatodara, P-8, Ground Floor to 3rd Floor, Surat, GJ, IND, 395002
True Colors Ltd is engaged in the business of importing and distributing of digital textile printers and manufacturing and supplying of products related to the digital textile printing industry. It imports and distributes high-quality wide-format digital textile inkjet printers and also provides digital textile printing inks such as Sublimation Inks, Reactive Inks, and Disperse Inks. The company has established an in-house sublimation paper manufacturing unit, a critical component in the digital textile printing process. It generates revenue from the trading of Ink and digital printing machines.
18GF Score

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