Adani Ports & Special Economic Zone (NSE:ADANIPORTS) Gross Margin %: 48.01% (As of Mar. 2026) — 19% Below Median


NSE:ADANIPORTS Adani Ports & Special Economic Zone Ltd NSE:ADANIPORTS
93 GF Score
Price ₹1,874.20
GF Value ₹1,699.94
Valuation Fairly Valued
! 6 Warning Signs
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What is Adani Ports & Special Economic Zone Gross Margin %?

Adani Ports & Special Economic Zone NSE:ADANIPORTS -0.48% 93 Gross Margin % is 48.01% as of Mar. 2026, which is 19% below its 10-year median of 59.26. GuruFocus rates NSE:ADANIPORTS with a GF Score™ of 93/100 and a GF Value™ of ₹1,699.94 (Fairly Valued). The stock has 6 warning signs investors should review. Among 979 Transportation companies, Adani Ports & Special Economic Zone ranks better than 88.15% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Adani Ports & Special Economic Zone's Gross Profit for the three months ended in Mar. 2026 was ₹51,553 Mil. Adani Ports & Special Economic Zone's Revenue for the three months ended in Mar. 2026 was ₹107,376 Mil. Therefore, Adani Ports & Special Economic Zone's Gross Margin % for the quarter that ended in Mar. 2026 was 48.01%.


The historical rank and industry rank for Adani Ports & Special Economic Zone's Gross Margin % or its related term are showing as below:

NSE:ADANIPORTS' s Gross Margin % Range Over the Past 10 Years
Min: 50.68   Med: 59.26   Max: 64.96
Current: 50.68


During the past 13 years, the highest Gross Margin % of Adani Ports & Special Economic Zone was 64.96%. The lowest was 50.68%. And the median was 59.26%.

NSE:ADANIPORTS's Gross Margin % is ranked better than
88.15% of 979 companies
in the Transportation industry
Industry Median: 20.38 vs NSE:ADANIPORTS: 50.68

Adani Ports & Special Economic Zone had a gross margin of 48.01% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Adani Ports & Special Economic Zone was 0.70% per year.


Adani Ports & Special Economic Zone  (NSE:ADANIPORTS) 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 Ports & Special Economic Zone had a gross margin of 48.01% 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.


Adani Ports & Special Economic Zone Gross Margin % Related Terms


Adani Ports & Special Economic Zone Gross Margin % Historical Data

* Premium members only.

The historical data trend for Adani Ports & Special Economic Zone'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 Ports & Special Economic Zone Gross Margin % Chart

Adani Ports & Special Economic Zone 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 58.36 56.54 57.65 60.33 60.49

Adani Ports & Special Economic Zone 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 52.61 52.33 52.60 50.25 48.01

Adani Ports & Special Economic Zone Gross Margin % Competitor Comparison

For the Marine Shipping subindustry, Adani Ports & Special Economic Zone'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 Ports & Special Economic Zone Gross Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Adani Ports & Special Economic Zone's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Adani Ports & Special Economic Zone's Gross Margin % falls into.


NSE:ADANIPORTS
93GF Score
Adani Ports & Special Economic Zone Ltd NSE:ADANIPORTS
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Adani Ports & Special Economic Zone Gross Margin % Calculation

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

Adani Ports & Special Economic Zone'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 )
=234331.4 / 387357.7
=(Revenue - Cost of Goods Sold) / Revenue
=(387357.7 - 153026.3) / 387357.7
=60.49 %

Adani Ports & Special Economic Zone'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 )
=51552.8 / 107375.8
=(Revenue - Cost of Goods Sold) / Revenue
=(107375.8 - 55823) / 107375.8
=48.01 %

* 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 48.01% mean?
Adani Ports & Special Economic Zone (NSE:ADANIPORTS) has a Gross Margin % of 48.01% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Adani Ports & Special Economic Zone and its competitors. This is 19% below median its historical median of 59.26. Over the past decade, Adani Ports & Special Economic Zone's Gross Margin % has ranged from 50.68 to 64.96. According to the industry distribution chart, Adani Ports & Special Economic Zone ranks #116 out of 979 companies in the Transportation industry, placing it in the top 11.8%.
Is Adani Ports & Special Economic Zone's Gross Margin % too high?
Adani Ports & Special Economic Zone's current Gross Margin % of 48.01% is 19% below median its 10-year median of 59.26. Over the past 10 years, this metric has ranged from a low of 50.68 to a high of 64.96. The Transportation industry median Gross Margin % is 20.38. Adani Ports & Special Economic Zone's value of 48.01% is 135.6% above this industry median. Based on the distribution chart, Adani Ports & Special Economic Zone ranks #116 out of 979 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Adani Ports & Special Economic Zone has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Adani Ports & Special Economic Zone's Gross Margin % compare to competitors?
According to the Transportation industry distribution chart, Adani Ports & Special Economic Zone ranks #116 out of 979 companies for Gross Margin %. This places Adani Ports & Special Economic Zone in the top 12% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 20.38. Adani Ports & Special Economic Zone's value of 48.01% is 135.6% above this benchmark. Historically, Adani Ports & Special Economic Zone's own Gross Margin % has ranged from 50.68 to 64.96 over the past decade. While the company's 10-year median is 59.26 vs. the industry median of 20.38, Adani Ports & Special Economic Zone 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 Transportation company?
The median Gross Margin % among Transportation companies is 20.38, based on 979 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 Ports & Special Economic Zone's current Gross Margin % of 48.01% is 135.6% 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 Ports & Special Economic Zone and its competitors. For the Transportation industry, the median Gross Margin % is 20.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adani Ports & Special Economic Zone's current Gross Margin % is 48.01%, which is 19% below median its own 10-year median of 59.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adani Ports & Special Economic Zone stock overvalued right now?
Based on GuruFocus' analysis, Adani Ports & Special Economic Zone (NSE:ADANIPORTS) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,699.94, compared to a current price of ₹1,874.20 — trading 10.3% above its estimated fair value. The current Gross Margin % is 48.01%, which is 19% below median its 10-year median of 59.26 and 135.6% above the Transportation industry median of 20.38. Adani Ports & Special Economic Zone's overall GF Score™ is 93/100 with 6 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 Ports & Special Economic Zone (NSE:ADANIPORTS), the current Gross Margin % is 48.01% 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 Ports & Special Economic Zone (NSE:ADANIPORTS) Overvalued in 2026?

Based on GuruFocus' analysis, Adani Ports & Special Economic Zone stock appears to be overvalued. The current stock price of ₹1,874.20 is trading 10.3% above its estimated GF Value™ of ₹1,699.94. GuruFocus considers Adani Ports & Special Economic Zone to be Fairly Valued.

Key valuation signals for NSE:ADANIPORTS:

  • Gross Margin %: 48.01% (19% below median its 10-year median of 59.26)
  • GF Value™: ₹1,699.94 vs. price of ₹1,874.20 (10.3% above fair value)
  • GF Score™: 93/100 with 6 warning signs
  • Industry Position: 135.6% above the Transportation median (#116 of 979)

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


Adani Ports & Special Economic Zone Business Description

Other Exchanges 532921:India
Address S. G. Highway, Adani Corporate House, Shantigram, Khodiyar, Near Vaishno Devi Circle, Ahmedabad, GJ, IND, 382421
Adani Ports & Special Economic Zone Ltd is in the business of development, operations and maintenance of port infrastructure (port services and related infrastructure development) and has linked multi product Special Economic Zone (SEZ) and related infrastructure contiguous to Port at Mundra. The Company is mainly engaged in one business segment, namely developing, operating and maintaining the ports services, ports related Infrastructure development activities and development of infrastructure at contiguous Special Economic Zone at Mundra. The company has presence in India and Outside India. The company generates majority of revenue from India.
93GF Score

Get the complete analysis for NSE:ADANIPORTS

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

₹1,874.20
Price
₹1,699.94
GF Value