Bata Pakistan (KAR:BATA) Gross Margin %: 41.60% (As of Mar. 2026) — Near Median


KAR:BATA Bata Pakistan Ltd KAR:BATA
48 GF Score
Price ₨1,008.82
GF Value ₨1,601.42
Valuation Possible Value Trap
! 4 Warning Signs
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What is Bata Pakistan Gross Margin %?

Bata Pakistan KAR:BATA -0.13% 48 Gross Margin % is 41.60% as of Mar. 2026, which is 7% below its 10-year median of 44.71. GuruFocus rates KAR:BATA with a GF Score™ of 48/100 and a GF Value™ of ₨1,601.42 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,026 Manufacturing - Apparel & Accessories companies, Bata Pakistan ranks better than 60.82% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Bata Pakistan's Gross Profit for the three months ended in Mar. 2026 was ₨2,374 Mil. Bata Pakistan's Revenue for the three months ended in Mar. 2026 was ₨5,707 Mil. Therefore, Bata Pakistan's Gross Margin % for the quarter that ended in Mar. 2026 was 41.60%.


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

KAR:BATA' s Gross Margin % Range Over the Past 10 Years
Min: 36.39   Med: 44.71   Max: 49.05
Current: 36.39


During the past 13 years, the highest Gross Margin % of Bata Pakistan was 49.05%. The lowest was 36.39%. And the median was 44.71%.

KAR:BATA's Gross Margin % is ranked better than
60.82% of 1026 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.51 vs KAR:BATA: 36.39

Bata Pakistan had a gross margin of 41.60% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Bata Pakistan was 1.30% per year.


Bata Pakistan  (KAR:BATA) 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

Bata Pakistan had a gross margin of 41.60% for the quarter that ended in Mar. 2026 => Durable 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.


Bata Pakistan Gross Margin % Related Terms


Bata Pakistan Gross Margin % Historical Data

* Premium members only.

The historical data trend for Bata Pakistan'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.

Bata Pakistan Gross Margin % Chart

Bata Pakistan Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.02 48.20 47.26 49.05 39.33

Bata Pakistan Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 52.01 36.79 42.83 24.35 41.60

KAR:BATA vs NKE, DECK, ONON: Gross Margin % Comparison

For the Footwear & Accessories subindustry, Bata Pakistan'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.


Bata Pakistan Gross Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bata Pakistan's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Bata Pakistan's Gross Margin % falls into.


KAR:BATA
48GF Score
Bata Pakistan Ltd KAR:BATA
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bata Pakistan Gross Margin % Calculation

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

Bata Pakistan's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=6973.9 / 17730.513
=(Revenue - Cost of Goods Sold) / Revenue
=(17730.513 - 10756.612) / 17730.513
=39.33 %

Bata Pakistan'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 )
=2374.3 / 5707.328
=(Revenue - Cost of Goods Sold) / Revenue
=(5707.328 - 3333.06) / 5707.328
=41.60 %

* 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 41.60% mean?
Bata Pakistan (KAR:BATA) has a Gross Margin % of 41.60% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Bata Pakistan and its competitors. This is near median its historical median of 44.71. Over the past decade, Bata Pakistan's Gross Margin % has ranged from 36.39 to 49.05. According to the industry distribution chart, Bata Pakistan ranks #402 out of 1026 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 39.2%.
Is Bata Pakistan's Gross Margin % too high?
Bata Pakistan's current Gross Margin % of 41.60% is near median its 10-year median of 44.71. Over the past 10 years, this metric has ranged from a low of 36.39 to a high of 49.05. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.51. Bata Pakistan's value of 41.60% is 45.9% above this industry median. Based on the distribution chart, Bata Pakistan ranks #402 out of 1026 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Bata Pakistan has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bata Pakistan's Gross Margin % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bata Pakistan ranks #402 out of 1026 companies for Gross Margin %. This puts Bata Pakistan in the upper half of its industry. The industry median Gross Margin % is 28.51. Bata Pakistan's value of 41.60% is 45.9% above this benchmark. Historically, Bata Pakistan's own Gross Margin % has ranged from 36.39 to 49.05 over the past decade. While the company's 10-year median is 44.71 vs. the industry median of 28.51, Bata Pakistan 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 Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.51, based on 1,026 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. Bata Pakistan's current Gross Margin % of 41.60% is 45.9% 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 Bata Pakistan and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bata Pakistan's current Gross Margin % is 41.60%, which is near median its own 10-year median of 44.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bata Pakistan stock overvalued right now?
Based on GuruFocus' analysis, Bata Pakistan (KAR:BATA) is currently considered Possible Value Trap. The stock's GF Value™ is ₨1,601.42, compared to a current price of ₨1,008.82 — trading 37% below its estimated fair value. The current Gross Margin % is 41.60%, which is near median its 10-year median of 44.71 and 45.9% above the Manufacturing - Apparel & Accessories industry median of 28.51. Bata Pakistan's overall GF Score™ is 48/100 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 Bata Pakistan (KAR:BATA), the current Gross Margin % is 41.60% 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.

Is Bata Pakistan (KAR:BATA) Overvalued in 2026?

Based on GuruFocus' analysis, Bata Pakistan stock appears to be undervalued. The current stock price of ₨1,008.82 is trading 37% below its estimated GF Value™ of ₨1,601.42. GuruFocus considers Bata Pakistan to be Possible Value Trap.

Key valuation signals for KAR:BATA:

  • Gross Margin %: 41.60% (near median its 10-year median of 44.71)
  • GF Value™: ₨1,601.42 vs. price of ₨1,008.82 (37% below fair value)
  • GF Score™: 48/100 with 4 warning signs
  • Industry Position: 45.9% above the Manufacturing - Apparel & Accessories median (#402 of 1026)

No single metric tells the full story. See the KAR:BATA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bata Pakistan Business Description

Address G.T. Road, P.O. Batapur, Batapur, Lahore, PB, PAK, 53400
Bata Pakistan Ltd is engaged in the manufacturing and sale of footwear of all kinds, along with the sale of accessories and hosiery items. It operates through four segments: Retail, Wholesale, Export, and Others. Its products are for women, men, & kids under categories, such as athletics, casual, comfort, fashion, dress shoes, sandals, & slippers, boys, girls, & school shoes. Its Retail segment includes information relating to sales made from the retail stores of the company. Wholesale: This segment includes information relating to sales made to distributors of the Company. Export: This segment includes information regarding the exports made by the Company to both associated undertakings & other customers. Others: All other sales of the Company, including sales of grinderies & wastages.
48GF Score

Get the complete analysis for KAR:BATA

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

₨1,008.82
Price
₨1,601.42
GF Value