Rafhan Maize Product Co (KAR:RMPL) Gross Margin %: 21.86% (As of Mar. 2026) — 12% Below Median


KAR:RMPL Rafhan Maize Product Co Ltd KAR:RMPL
92 GF Score
Price ₨9,506.37
GF Value ₨9,698.88
Valuation Fairly Valued
! 5 Warning Signs
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What is Rafhan Maize Product Co Gross Margin %?

Rafhan Maize Product Co KAR:RMPL 92 Gross Margin % is 21.86% as of Mar. 2026, which is 12% below its 10-year median of 24.83. GuruFocus rates KAR:RMPL with a GF Score™ of 92/100 and a GF Value™ of ₨9,698.88 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,902 Consumer Packaged Goods companies, Rafhan Maize Product Co ranks worse than 66.51% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Rafhan Maize Product Co's Gross Profit for the three months ended in Mar. 2026 was ₨4,163 Mil. Rafhan Maize Product Co's Revenue for the three months ended in Mar. 2026 was ₨19,044 Mil. Therefore, Rafhan Maize Product Co's Gross Margin % for the quarter that ended in Mar. 2026 was 21.86%.

Warning Sign:

Rafhan Maize Product Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -6.2%.


The historical rank and industry rank for Rafhan Maize Product Co's Gross Margin % or its related term are showing as below:

KAR:RMPL' s Gross Margin % Range Over the Past 10 Years
Min: 18.83   Med: 24.83   Max: 28.54
Current: 19.19


During the past 13 years, the highest Gross Margin % of Rafhan Maize Product Co was 28.54%. The lowest was 18.83%. And the median was 24.83%.

KAR:RMPL's Gross Margin % is ranked worse than
66.51% of 1902 companies
in the Consumer Packaged Goods industry
Industry Median: 26.37 vs KAR:RMPL: 19.19

Rafhan Maize Product Co had a gross margin of 21.86% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Rafhan Maize Product Co was -6.20% per year.


Rafhan Maize Product Co  (KAR:RMPL) 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

Rafhan Maize Product Co had a gross margin of 21.86% 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.


Rafhan Maize Product Co Gross Margin % Related Terms


Rafhan Maize Product Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Rafhan Maize Product Co'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.

Rafhan Maize Product Co Gross Margin % Chart

Rafhan Maize Product Co 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 24.22 20.14 21.37 20.92 18.83

Rafhan Maize Product Co 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 20.45 21.57 15.52 17.91 21.86

KAR:RMPL vs ADM, BG, TSN: Gross Margin % Comparison

For the Farm Products subindustry, Rafhan Maize Product Co'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.


Rafhan Maize Product Co Gross Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Rafhan Maize Product Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Rafhan Maize Product Co's Gross Margin % falls into.


KAR:RMPL
92GF Score
Rafhan Maize Product Co Ltd KAR:RMPL
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rafhan Maize Product Co Gross Margin % Calculation

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

Rafhan Maize Product Co'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 )
=13810.7 / 73362.632
=(Revenue - Cost of Goods Sold) / Revenue
=(73362.632 - 59551.885) / 73362.632
=18.83 %

Rafhan Maize Product Co'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 )
=4163.2 / 19043.839
=(Revenue - Cost of Goods Sold) / Revenue
=(19043.839 - 14880.609) / 19043.839
=21.86 %

* 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 21.86% mean?
Rafhan Maize Product Co (KAR:RMPL) has a Gross Margin % of 21.86% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Rafhan Maize Product Co and its competitors. This is 12% below median its historical median of 24.83. Over the past decade, Rafhan Maize Product Co's Gross Margin % has ranged from 18.83 to 28.54. According to the industry distribution chart, Rafhan Maize Product Co ranks #1265 out of 1902 companies in the Consumer Packaged Goods industry, placing it in the top 66.5%.
Is Rafhan Maize Product Co's Gross Margin % too high?
Rafhan Maize Product Co's current Gross Margin % of 21.86% is 12% below median its 10-year median of 24.83. Over the past 10 years, this metric has ranged from a low of 18.83 to a high of 28.54. The Consumer Packaged Goods industry median Gross Margin % is 26.37. Rafhan Maize Product Co's value of 21.86% is 17.1% below this industry median. Based on the distribution chart, Rafhan Maize Product Co ranks #1265 out of 1902 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Rafhan Maize Product Co has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Rafhan Maize Product Co's Gross Margin % compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Rafhan Maize Product Co ranks #1265 out of 1902 companies for Gross Margin %. This places Rafhan Maize Product Co in the lower half of its industry. The industry median Gross Margin % is 26.37. Rafhan Maize Product Co's value of 21.86% is 17.1% below this benchmark. Historically, Rafhan Maize Product Co's own Gross Margin % has ranged from 18.83 to 28.54 over the past decade. While the company's 10-year median is 24.83 vs. the industry median of 26.37, Rafhan Maize Product Co 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 Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.37, based on 1,902 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. Rafhan Maize Product Co's current Gross Margin % of 21.86% is 17.1% 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 Rafhan Maize Product Co and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rafhan Maize Product Co's current Gross Margin % is 21.86%, which is 12% below median its own 10-year median of 24.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rafhan Maize Product Co stock overvalued right now?
Based on GuruFocus' analysis, Rafhan Maize Product Co (KAR:RMPL) is currently considered Fairly Valued. The stock's GF Value™ is ₨9,698.88, compared to a current price of ₨9,506.37 — trading 2% below its estimated fair value. The current Gross Margin % is 21.86%, which is 12% below median its 10-year median of 24.83 and 17.1% below the Consumer Packaged Goods industry median of 26.37. Rafhan Maize Product Co's overall GF Score™ is 92/100 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 Rafhan Maize Product Co (KAR:RMPL), the current Gross Margin % is 21.86% 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 Rafhan Maize Product Co (KAR:RMPL) Overvalued in 2026?

Based on GuruFocus' analysis, Rafhan Maize Product Co stock appears to be undervalued. The current stock price of ₨9,506.37 is trading 2% below its estimated GF Value™ of ₨9,698.88. GuruFocus considers Rafhan Maize Product Co to be Fairly Valued.

Key valuation signals for KAR:RMPL:

  • Gross Margin %: 21.86% (12% below median its 10-year median of 24.83)
  • GF Value™: ₨9,698.88 vs. price of ₨9,506.37 (2% below fair value)
  • GF Score™: 92/100 with 5 warning signs
  • Industry Position: 17.1% below the Consumer Packaged Goods median (#1265 of 1902)

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


Rafhan Maize Product Co Business Description

Address Rakh Canal, East Road, Faisalabad, PB, PAK, 38060
Rafhan Maize Product Co Ltd is involved in the business of using maize as the basic raw material to manufacture and sell industrial products. Its products are Industrial Starches, Liquid Glucose, Dextrose, Dextrin, and Gluten Meals. It supplies its products to textiles, pharmaceuticals, paper, food, baking, confectionery, and other industries. The company sells its products in Pakistan and also exports them to other countries, of which key revenue is derived within Pakistan.
92GF Score

Get the complete analysis for KAR:RMPL

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

₨9,506.37
Price
₨9,698.88
GF Value