Indus Gas (LSE:INDI) Gross Margin %: 64.58% (As of Sep. 2025) — 27% Below Median


What is Indus Gas Gross Margin %?

Indus Gas LSE:INDI -32.00% Gross Margin % is 64.58% as of Sep. 2025, which is 27% below its 10-year median of 87.88. The stock has 6 warning signs investors should review.

Gross Margin % is calculated as gross profit divided by its revenue. Indus Gas's Gross Profit for the six months ended in Sep. 2025 was £1.91 Mil. Indus Gas's Revenue for the six months ended in Sep. 2025 was £2.95 Mil. Therefore, Indus Gas's Gross Margin % for the quarter that ended in Sep. 2025 was 64.58%.


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

LSE:INDI' s Gross Margin % Range Over the Past 10 Years
Min: 77.72   Med: 87.88   Max: 94.04
Current: 90.16


During the past 13 years, the highest Gross Margin % of Indus Gas was 94.04%. The lowest was 77.72%. And the median was 87.88%.

LSE:INDI's Gross Margin % is not ranked
in the Oil & Gas industry.
Industry Median: 25.62 vs LSE:INDI: 90.16

Indus Gas had a gross margin of 64.58% for the quarter that ended in Sep. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Indus Gas was -0.80% per year.


Indus Gas  (LSE:INDI) 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

Indus Gas had a gross margin of 64.58% for the quarter that ended in Sep. 2025 => 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.


Indus Gas Gross Margin % Related Terms


Indus Gas Gross Margin % Historical Data

* Premium members only.

The historical data trend for Indus Gas'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.

Indus Gas Gross Margin % Chart

Indus Gas Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94.04 87.26 88.32 87.28 91.90

Indus Gas Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 87.84 86.40 72.10 93.60 64.58

LSE:INDI vs COP, EOG, FANG: Gross Margin % Comparison

For the Oil & Gas E&P subindustry, Indus Gas'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.


Indus Gas Gross Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Indus Gas's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Indus Gas's Gross Margin % falls into.



Indus Gas Gross Margin % Calculation

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

Indus Gas's Gross Margin for the fiscal year that ended in Mar. 2025 is calculated as

Gross Margin % (A: Mar. 2025 )=Gross Profit (A: Mar. 2025 ) / Revenue (A: Mar. 2025 )
=21.1 / 22.951
=(Revenue - Cost of Goods Sold) / Revenue
=(22.951 - 1.859) / 22.951
=91.90 %

Indus Gas's Gross Margin for the quarter that ended in Sep. 2025 is calculated as


Gross Margin % (Q: Sep. 2025 )=Gross Profit (Q: Sep. 2025 ) / Revenue (Q: Sep. 2025 )
=1.9 / 2.95
=(Revenue - Cost of Goods Sold) / Revenue
=(2.95 - 1.045) / 2.95
=64.58 %

* 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 64.58% mean?
Indus Gas (LSE:INDI) has a Gross Margin % of 64.58% as of Sep. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Indus Gas and its competitors. This is 27% below median its historical median of 87.88. Over the past decade, Indus Gas' Gross Margin % has ranged from 77.72 to 94.04.
Is Indus Gas' Gross Margin % too high?
Indus Gas' current Gross Margin % of 64.58% is 27% below median its 10-year median of 87.88. Over the past 10 years, this metric has ranged from a low of 77.72 to a high of 94.04. The Oil & Gas industry median Gross Margin % is 25.62. Indus Gas' value of 64.58% is 152.1% above this industry median.
How does Indus Gas' Gross Margin % compare to COP and EOG?
Indus Gas' Gross Margin % of 64.58% can be compared against companies in the Oil & Gas industry. The industry median Gross Margin % is 25.62. Indus Gas' value of 64.58% is 152.1% above this benchmark. Historically, Indus Gas' own Gross Margin % has ranged from 77.72 to 94.04 over the past decade. While the company's 10-year median is 87.88 vs. the industry median of 25.62, Indus Gas 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 an Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 25.62, based on 872 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. Indus Gas's current Gross Margin % of 64.58% is 152.1% 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 Indus Gas and its competitors. For the Oil & Gas industry, the median Gross Margin % is 25.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indus Gas's current Gross Margin % is 64.58%, which is 27% below median its own 10-year median of 87.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indus Gas stock overvalued right now?
Indus Gas (LSE:INDI) has a current Gross Margin % of 64.58%. The stock's GF Value™ is £0.14, compared to a current price of £0.01 — trading 90.3% below its estimated fair value. The current Gross Margin % is 64.58%, which is 27% below median its 10-year median of 87.88 and 152.1% above the Oil & Gas industry median of 25.62. 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 Indus Gas (LSE:INDI), the current Gross Margin % is 64.58% as of Sep. 2025. 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.

Indus Gas Business Description

Industry EnergyOil & Gas
Address Saint Martins House, PO Box 112, Le Bordage, Saint Peter Port, GGY, GY1 4EA
Indus Gas Ltd is an oil and gas exploration and development company. It predominantly operates in India, focusing on exploration, development, production, distribution, and marketing of hydrocarbons, including natural gas. The company holds a participating interest in Block RJ-ON/6, an onshore petroleum concession in Rajasthan, India, covering a large area in the Indus Basin. Its operations involve partnerships with entities like Oil and Natural Gas Corporation Ltd. (ONGC) and Focus Energy Ltd., with ONGC having back-in rights for participating interests in discovered fields. Indus Gas sells natural gas prominently to GAIL (India) Ltd and continues to evaluate other opportunities in the oil and gas sector.