India Cements (LUX:INC05) Gross Margin %: 72.49% (As of Mar. 2026) — 37% Above Median


LUX:INC05 India Cements Ltd LUX:INC05
59 GF Score
Price $7.10
GF Value $4.24
! 3 Warning Signs
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What is India Cements Gross Margin %?

India Cements LUX:INC05 59 Gross Margin % is 72.49% as of Mar. 2026, which is 37% above its 10-year median of 52.97. GuruFocus rates LUX:INC05 with a GF Score™ of 59/100 and a GF Value™ of $4.24. The stock has 3 warning signs investors should review. Among 395 Building Materials companies, India Cements ranks better than 96.46% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. India Cements's Gross Profit for the three months ended in Mar. 2026 was $96.0 Mil. India Cements's Revenue for the three months ended in Mar. 2026 was $132.4 Mil. Therefore, India Cements's Gross Margin % for the quarter that ended in Mar. 2026 was 72.49%.


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

LUX:INC05' s Gross Margin % Range Over the Past 10 Years
Min: 33.91   Med: 52.97   Max: 78.11
Current: 77.81


During the past 13 years, the highest Gross Margin % of India Cements was 78.11%. The lowest was 33.91%. And the median was 52.97%.

LUX:INC05's Gross Margin % is ranked better than
96.46% of 395 companies
in the Building Materials industry
Industry Median: 26.18 vs LUX:INC05: 77.81

India Cements had a gross margin of 72.49% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for India Cements was 9.70% per year.


India Cements  (LUX:INC05) 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

India Cements had a gross margin of 72.49% 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.


India Cements Gross Margin % Related Terms


India Cements Gross Margin % Historical Data

* Premium members only.

The historical data trend for India Cements'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.

India Cements Gross Margin % Chart

India Cements 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 48.46 33.91 39.25 78.11 77.81

India Cements 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 81.03 84.57 76.92 78.37 72.49

LUX:INC05 vs CRH, VMC, MLM: Gross Margin % Comparison

For the Building Materials subindustry, India Cements'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.


India Cements Gross Margin % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, India Cements's Gross Margin % distribution charts can be found below:

* The bar in red indicates where India Cements's Gross Margin % falls into.


LUX:INC05
59GF Score
India Cements Ltd LUX:INC05
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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India Cements Gross Margin % Calculation

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

India Cements'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 )
=376 / 483.169
=(Revenue - Cost of Goods Sold) / Revenue
=(483.169 - 107.201) / 483.169
=77.81 %

India Cements'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 )
=96 / 132.372
=(Revenue - Cost of Goods Sold) / Revenue
=(132.372 - 36.416) / 132.372
=72.49 %

* 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 72.49% mean?
India Cements (LUX:INC05) has a Gross Margin % of 72.49% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on India Cements and its competitors. This is 37% above median its historical median of 52.97. Over the past decade, India Cements' Gross Margin % has ranged from 33.91 to 78.11. According to the industry distribution chart, India Cements ranks #14 out of 395 companies in the Building Materials industry, placing it in the top 3.5%.
Is India Cements' Gross Margin % too high?
India Cements' current Gross Margin % of 72.49% is 37% above median its 10-year median of 52.97. Over the past 10 years, this metric has ranged from a low of 33.91 to a high of 78.11. The Building Materials industry median Gross Margin % is 26.18. India Cements' value of 72.49% is 176.9% above this industry median. Based on the distribution chart, India Cements ranks #14 out of 395 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, India Cements has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does India Cements' Gross Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, India Cements ranks #14 out of 395 companies for Gross Margin %. This places India Cements in the top 4% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.18. India Cements' value of 72.49% is 176.9% above this benchmark. Historically, India Cements' own Gross Margin % has ranged from 33.91 to 78.11 over the past decade. While the company's 10-year median is 52.97 vs. the industry median of 26.18, India Cements 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 Building Materials company?
The median Gross Margin % among Building Materials companies is 26.18, based on 395 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. India Cements's current Gross Margin % of 72.49% is 176.9% 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 India Cements and its competitors. For the Building Materials industry, the median Gross Margin % is 26.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. India Cements's current Gross Margin % is 72.49%, which is 37% above median its own 10-year median of 52.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is India Cements stock overvalued right now?
India Cements (LUX:INC05) has a current Gross Margin % of 72.49%. The stock's GF Value™ is $4.24, compared to a current price of $7.10 — trading 67.5% above its estimated fair value. The current Gross Margin % is 72.49%, which is 37% above median its 10-year median of 52.97 and 176.9% above the Building Materials industry median of 26.18. India Cements' overall GF Score™ is 59/100 with 3 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 India Cements (LUX:INC05), the current Gross Margin % is 72.49% 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 India Cements (LUX:INC05) Overvalued in 2026?

Based on GuruFocus' analysis, India Cements stock appears to be overvalued. The current stock price of $7.10 is trading 67.5% above its estimated GF Value™ of $4.24.

Key valuation signals for LUX:INC05:

  • Gross Margin %: 72.49% (37% above median its 10-year median of 52.97)
  • GF Value™: $4.24 vs. price of $7.10 (67.5% above fair value)
  • GF Score™: 59/100 with 3 warning signs
  • Industry Position: 176.9% above the Building Materials median (#14 of 395)

No single metric tells the full story. See the LUX:INC05 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


India Cements Business Description

Other Exchanges INDIACEM:India530005:India
Address 93, Santhome High Road, Karpagam Avenue, Coromandel Towers, R.A. Puram, Chennai, TN, IND, 600 028
India Cements Ltd is a cement manufacturing company. It is engaged in the manufacturing and sale of cement and cement-related products. Its brands include: Conkrete Super King; Coromandel King; Sankar Super Power; Raasi Gold; Halo Super King and others.
59GF Score

Get the complete analysis for LUX:INC05

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

$7.10
Price
$4.24
GF Value