Adani Enterprises (NSE:ADANIENT) Gross Margin %: 31.69% (As of Mar. 2026) — 170% Above Median


NSE:ADANIENT Adani Enterprises Ltd NSE:ADANIENT
79 GF Score
Price ₹3,206.60
GF Value ₹2,539.69
Valuation Modestly Overvalued
! 12 Warning Signs
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What is Adani Enterprises Gross Margin %?

Adani Enterprises NSE:ADANIENT -0.17% 79 Gross Margin % is 31.69% as of Mar. 2026, which is 170% above its 10-year median of 11.75. GuruFocus rates NSE:ADANIENT with a GF Score™ of 79/100 and a GF Value™ of ₹2,539.69 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 124 Other Energy Sources companies, Adani Enterprises ranks better than 86.29% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Adani Enterprises's Gross Profit for the three months ended in Mar. 2026 was ₹102,808 Mil. Adani Enterprises's Revenue for the three months ended in Mar. 2026 was ₹324,393 Mil. Therefore, Adani Enterprises's Gross Margin % for the quarter that ended in Mar. 2026 was 31.69%.


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

NSE:ADANIENT' s Gross Margin % Range Over the Past 10 Years
Min: 8.27   Med: 11.75   Max: 40.04
Current: 40.04


During the past 13 years, the highest Gross Margin % of Adani Enterprises was 40.04%. The lowest was 8.27%. And the median was 11.75%.

NSE:ADANIENT's Gross Margin % is ranked better than
86.29% of 124 companies
in the Other Energy Sources industry
Industry Median: 18.775 vs NSE:ADANIENT: 40.04

Adani Enterprises had a gross margin of 31.69% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Adani Enterprises was 26.00% per year.


Adani Enterprises  (NSE:ADANIENT) 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

Adani Enterprises had a gross margin of 31.69% 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.


Adani Enterprises Gross Margin % Related Terms


Adani Enterprises Gross Margin % Historical Data

* Premium members only.

The historical data trend for Adani Enterprises'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.

Adani Enterprises Gross Margin % Chart

Adani Enterprises 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 11.57 16.18 32.34 33.53 26.13

Adani Enterprises 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 40.18 45.56 45.82 41.10 31.69

Adani Enterprises Gross Margin % Competitor Comparison

For the Thermal Coal subindustry, Adani Enterprises'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.


Adani Enterprises Gross Margin % vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Adani Enterprises's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Adani Enterprises's Gross Margin % falls into.


NSE:ADANIENT
79GF Score
Adani Enterprises Ltd NSE:ADANIENT
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Adani Enterprises Gross Margin % Calculation

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

Adani Enterprises'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 )
=262009.3 / 1002670.2
=(Revenue - Cost of Goods Sold) / Revenue
=(1002670.2 - 740660.9) / 1002670.2
=26.13 %

Adani Enterprises'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 )
=102808.2 / 324393.1
=(Revenue - Cost of Goods Sold) / Revenue
=(324393.1 - 221584.9) / 324393.1
=31.69 %

* 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 31.69% mean?
Adani Enterprises (NSE:ADANIENT) has a Gross Margin % of 31.69% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Adani Enterprises and its competitors. This is 170% above median its historical median of 11.75. Over the past decade, Adani Enterprises' Gross Margin % has ranged from 8.27 to 40.04. According to the industry distribution chart, Adani Enterprises ranks #17 out of 124 companies in the Other Energy Sources industry, placing it in the top 13.7%.
Is Adani Enterprises' Gross Margin % too high?
Adani Enterprises' current Gross Margin % of 31.69% is 170% above median its 10-year median of 11.75. Over the past 10 years, this metric has ranged from a low of 8.27 to a high of 40.04. The Other Energy Sources industry median Gross Margin % is 18.78. Adani Enterprises' value of 31.69% is 68.8% above this industry median. Based on the distribution chart, Adani Enterprises ranks #17 out of 124 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, Adani Enterprises has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Adani Enterprises' Gross Margin % compare to competitors?
According to the Other Energy Sources industry distribution chart, Adani Enterprises ranks #17 out of 124 companies for Gross Margin %. This places Adani Enterprises in the top 14% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 18.78. Adani Enterprises' value of 31.69% is 68.8% above this benchmark. Historically, Adani Enterprises' own Gross Margin % has ranged from 8.27 to 40.04 over the past decade. While the company's 10-year median is 11.75 vs. the industry median of 18.78, Adani Enterprises 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 Other Energy Sources company?
The median Gross Margin % among Other Energy Sources companies is 18.78, based on 124 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. Adani Enterprises's current Gross Margin % of 31.69% is 68.8% 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 Adani Enterprises and its competitors. For the Other Energy Sources industry, the median Gross Margin % is 18.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adani Enterprises's current Gross Margin % is 31.69%, which is 170% above median its own 10-year median of 11.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adani Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Adani Enterprises (NSE:ADANIENT) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹2,539.69, compared to a current price of ₹3,206.60 — trading 26.3% above its estimated fair value. The current Gross Margin % is 31.69%, which is 170% above median its 10-year median of 11.75 and 68.8% above the Other Energy Sources industry median of 18.78. Adani Enterprises' overall GF Score™ is 79/100 with 12 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 Adani Enterprises (NSE:ADANIENT), the current Gross Margin % is 31.69% 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 Adani Enterprises (NSE:ADANIENT) Overvalued in 2026?

Based on GuruFocus' analysis, Adani Enterprises stock appears to be overvalued. The current stock price of ₹3,206.60 is trading 26.3% above its estimated GF Value™ of ₹2,539.69. GuruFocus considers Adani Enterprises to be Modestly Overvalued.

Key valuation signals for NSE:ADANIENT:

  • Gross Margin %: 31.69% (170% above median its 10-year median of 11.75)
  • GF Value™: ₹2,539.69 vs. price of ₹3,206.60 (26.3% above fair value)
  • GF Score™: 79/100 with 12 warning signs
  • Industry Position: 68.8% above the Other Energy Sources median (#17 of 124)

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


Adani Enterprises Business Description

Other Exchanges 512599:India
Address S. G. Highway, Adani Corporate House, Near Vaishnodevi Circle, Shantigram, Khodiyar, Ahmedabad, GJ, IND, 382421
Adani Enterprises Ltd is in the business of integrated resources management, mining services and other trading activities. The company operates as an incubator, establishing new businesses in various areas like new energy ecosystem, data center, airports, roads, copper, PVC and others. It is engaged inter-alia in the business of integrated resources management and provides end-toend procurement and logistics services. It purchases, handles and sells different products like coal, copper and its related products, and other materials as part of its business activities. It has eight segments Integrated Resources Management, Mining Services, Commercial Mining, New Energy Ecosystem, Airport, Road, Copper, and Others. It generates majority of revenue from Integrated Resources Management segment.
79GF Score

Get the complete analysis for NSE:ADANIENT

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

₹3,206.60
Price
₹2,539.69
GF Value