Indian Hotels Co (LSE:96IR) Gross Margin %: 66.94% (As of Mar. 2026) — 27% Above Median


What is Indian Hotels Co Gross Margin %?

Indian Hotels Co LSE:96IR 84 Gross Margin % is 66.94% as of Mar. 2026, which is 27% above its 10-year median of 52.84. GuruFocus rates LSE:96IR with a GF Score™ of 84/100. The stock has 2 warning signs investors should review. Among 792 Travel & Leisure companies, Indian Hotels Co ranks better than 76.77% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Indian Hotels Co's Gross Profit for the three months ended in Mar. 2026 was £149.58 Mil. Indian Hotels Co's Revenue for the three months ended in Mar. 2026 was £223.44 Mil. Therefore, Indian Hotels Co's Gross Margin % for the quarter that ended in Mar. 2026 was 66.94%.


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

LSE:96IR' s Gross Margin % Range Over the Past 10 Years
Min: 27.59   Med: 52.84   Max: 60.58
Current: 64.52


During the past 13 years, the highest Gross Margin % of Indian Hotels Co was 60.58%. The lowest was 27.59%. And the median was 52.84%.

LSE:96IR's Gross Margin % is ranked better than
76.77% of 792 companies
in the Travel & Leisure industry
Industry Median: 43.97 vs LSE:96IR: 64.52

Indian Hotels Co had a gross margin of 66.94% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Indian Hotels Co was 13.90% per year.


Indian Hotels Co  (LSE:96IR) 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

Indian Hotels Co had a gross margin of 66.94% 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.


Indian Hotels Co Gross Margin % Related Terms


Indian Hotels Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Indian Hotels 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.

Indian Hotels Co Gross Margin % Chart

Indian Hotels Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.56 59.55 60.58 60.28 60.03

Indian Hotels 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 66.06 60.52 60.84 67.68 66.94

LSE:96IR vs MAR, HLT, H: Gross Margin % Comparison

For the Lodging subindustry, Indian Hotels 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.


Indian Hotels Co Gross Margin % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Indian Hotels Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Indian Hotels Co's Gross Margin % falls into.



Indian Hotels Co Gross Margin % Calculation

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

Indian Hotels Co'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 )
=451.5 / 752.009
=(Revenue - Cost of Goods Sold) / Revenue
=(752.009 - 300.545) / 752.009
=60.03 %

Indian Hotels 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 )
=149.6 / 223.444
=(Revenue - Cost of Goods Sold) / Revenue
=(223.444 - 73.86) / 223.444
=66.94 %

* 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 66.94% mean?
Indian Hotels Co (LSE:96IR) has a Gross Margin % of 66.94% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Indian Hotels Co and its competitors. This is 27% above median its historical median of 52.84. Over the past decade, Indian Hotels Co's Gross Margin % has ranged from 27.59 to 60.58. According to the industry distribution chart, Indian Hotels Co ranks #184 out of 792 companies in the Travel & Leisure industry, placing it in the top 23.2%.
Is Indian Hotels Co's Gross Margin % too high?
Indian Hotels Co's current Gross Margin % of 66.94% is 27% above median its 10-year median of 52.84. Over the past 10 years, this metric has ranged from a low of 27.59 to a high of 60.58. The Travel & Leisure industry median Gross Margin % is 43.97. Indian Hotels Co's value of 66.94% is 52.2% above this industry median. Based on the distribution chart, Indian Hotels Co ranks #184 out of 792 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Indian Hotels Co has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Indian Hotels Co's Gross Margin % compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Indian Hotels Co ranks #184 out of 792 companies for Gross Margin %. This places Indian Hotels Co in the top 23% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 43.97. Indian Hotels Co's value of 66.94% is 52.2% above this benchmark. Historically, Indian Hotels Co's own Gross Margin % has ranged from 27.59 to 60.58 over the past decade. While the company's 10-year median is 52.84 vs. the industry median of 43.97, Indian Hotels Co 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 Travel & Leisure company?
The median Gross Margin % among Travel & Leisure companies is 43.97, based on 792 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. Indian Hotels Co's current Gross Margin % of 66.94% is 52.2% 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 Indian Hotels Co and its competitors. For the Travel & Leisure industry, the median Gross Margin % is 43.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indian Hotels Co's current Gross Margin % is 66.94%, which is 27% above median its own 10-year median of 52.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Hotels Co stock overvalued right now?
Indian Hotels Co (LSE:96IR) has a current Gross Margin % of 66.94%. The current Gross Margin % is 66.94%, which is 27% above median its 10-year median of 52.84 and 52.2% above the Travel & Leisure industry median of 43.97. Indian Hotels Co's overall GF Score™ is 84/100 with 2 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 Indian Hotels Co (LSE:96IR), the current Gross Margin % is 66.94% 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.

Indian Hotels Co Business Description

Other Exchanges INDHOTEL:India500850:India
Address Barrister Rajni Patel Marg, 9th Floor, Express Towers, Nariman Point, Mumbai, MH, IND, 400021
Indian Hotels Co Ltd , is mainly engaged in the business of owning, operating & managing hotels, palaces and resorts. The company has two operating segments Hotel Services: This segment includes revenue and expenses related to providing accommodation, food and beverage services, other hospitality-related services including operating and management fees where the hotels are not owned or leased by the Group; and Air and Institutional Catering: This segment includes revenue and expenses related to the preparation and delivery of in-flight meals and catering services to airlines and institutions. The hotel generates majority of revenue from Hotel Services. It has presence in India, and Overseas locations. The hotel generates majority of revenue from India.