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Indo SMCBOM:544681 +1.23%21 Gross Margin % is 25.04% as of Mar. 2026, which is 9% below its 10-year median of 27.59. GuruFocus rates BOM:544681 with a GF Score™ of 21/100. The stock has 6 warning signs investors should review. Among 3,001 Industrial Products companies, Indo SMC ranks worse than 59.21% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Indo SMC's Gross Profit for the
six
months ended in Mar. 2026 was ₹494 Mil. Indo SMC's Revenue for the
six
months ended in Mar. 2026 was ₹1,972 Mil. Therefore, Indo SMC's Gross Margin % for the quarter that ended in Mar. 2026 was 25.04%.
The historical rank and industry rank for Indo SMC's Gross Margin % or its related term are showing as below:
BOM:544681'
s Gross Margin % Range Over the Past 10 Years
Min: 23.53 Med: 27.59 Max: 30.72
Current: 23.53
During the past 4 years, the highestGross Margin % of Indo SMC was 30.72%. The lowest was 23.53%. And the median was 27.59%.
BOM:544681's Gross Margin % is ranked worse than 59.21% of 3001
companies
in the Industrial Products industry
Industry Median: 26.88
vs BOM:544681: 23.53
Indo SMC had a gross margin of 25.04% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Indo SMC was 0.00% 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
Indo SMC had a gross margin of 25.04% 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.
Indo SMC Gross Margin % Related Terms
Indo SMC Gross Margin % Historical Data
* Premium members only.
The historical data trend for Indo SMC'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.
Indo SMC Gross Margin % Chart
Indo SMC Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
Gross Margin %
30.72
28.85
26.33
25.99
Indo SMC Semi-Annual Data
Mar23
Mar24
Mar25
Sep25
Mar26
Gross Margin %
0.00
0.00
23.48
20.90
25.04
BOM:544681 vs VRT, BE: Gross Margin % Comparison
For the Electrical Equipment & Parts subindustry, Indo SMC'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.
Indo SMC Gross Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Indo SMC's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Indo SMC'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.
Indo SMC (BOM:544681) has a Gross Margin % of 25.04% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Indo SMC and its competitors. This is near median its historical median of 27.59. Over the past decade, Indo SMC's Gross Margin % has ranged from 23.53 to 30.72. According to the industry distribution chart, Indo SMC ranks #1777 out of 3001 companies in the Industrial Products industry, placing it in the top 59.2%.
Is Indo SMC's Gross Margin % too high?
Indo SMC's current Gross Margin % of 25.04% is near median its 10-year median of 27.59. Over the past 10 years, this metric has ranged from a low of 23.53 to a high of 30.72. The Industrial Products industry median Gross Margin % is 26.88. Indo SMC's value of 25.04% is 6.8% below this industry median. Based on the distribution chart, Indo SMC ranks #1777 out of 3001 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Indo SMC has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Indo SMC's Gross Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Indo SMC ranks #1777 out of 3001 companies for Gross Margin %. This places Indo SMC in the lower half of its industry. The industry median Gross Margin % is 26.88. Indo SMC's value of 25.04% is 6.8% below this benchmark. Historically, Indo SMC's own Gross Margin % has ranged from 23.53 to 30.72 over the past decade. While the company's 10-year median is 27.59 vs. the industry median of 26.88, Indo SMC 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 an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.88, based on 3,001 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. Indo SMC's current Gross Margin % of 25.04% is 6.8% 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 Indo SMC and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indo SMC's current Gross Margin % is 25.04%, which is near median its own 10-year median of 27.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo SMC stock overvalued right now?
Indo SMC (BOM:544681) has a current Gross Margin % of 25.04%. The current Gross Margin % is 25.04%, which is near median its 10-year median of 27.59 and 6.8% below the Industrial Products industry median of 26.88. Indo SMC's overall GF Score™ is 21/100 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 Indo SMC (BOM:544681), the current Gross Margin % is 25.04% 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.
Indo SMC Ltd is engaged in the design and manufacture of multiple products catering to electrical, industrial, and infrastructural applications. Its business comprises of (i) sheet moulding compound division: manufacturing enclosure box for energy meters, SMC sheet and SMC chequered plates, (ii) fiberglass reinforced plastic: manufacturing grating plates, and (iii) electrical component division: manufacturing HTCT, HTPT, LTCT, feeder pillars and other power distribution and circuit protection switchgears. The company's offerings include SMC (Sheet Moulding Compound) products, FRP (Fibre Reinforced Polymer) products, and Current & Potential Transformers (CT/PTs). The majority of the comapny's revenue is derived from the sale of CT PT Products.
21GF Score
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