Andhra Paper (NSE:ANDHRAPAP) Gross Margin %: 27.23% (As of Mar. 2026) — 35% Below Median


NSE:ANDHRAPAP Andhra Paper Ltd NSE:ANDHRAPAP
74 GF Score
Price ₹63.61
GF Value ₹86.55
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Andhra Paper Gross Margin %?

Andhra Paper NSE:ANDHRAPAP -0.97% 74 Gross Margin % is 27.23% as of Mar. 2026, which is 35% below its 10-year median of 41.74. GuruFocus rates NSE:ANDHRAPAP with a GF Score™ of 74/100 and a GF Value™ of ₹86.55 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 279 Forest Products companies, Andhra Paper ranks better than 64.16% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Andhra Paper's Gross Profit for the three months ended in Mar. 2026 was ₹1,435 Mil. Andhra Paper's Revenue for the three months ended in Mar. 2026 was ₹5,270 Mil. Therefore, Andhra Paper's Gross Margin % for the quarter that ended in Mar. 2026 was 27.23%.

Warning Sign:

Andhra Paper Ltd gross margin has been in long-term decline. The average rate of decline per year is -5.3%.


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

NSE:ANDHRAPAP' s Gross Margin % Range Over the Past 10 Years
Min: 27.62   Med: 41.74   Max: 54.49
Current: 27.92


During the past 13 years, the highest Gross Margin % of Andhra Paper was 54.49%. The lowest was 27.62%. And the median was 41.74%.

NSE:ANDHRAPAP's Gross Margin % is ranked better than
64.16% of 279 companies
in the Forest Products industry
Industry Median: 19.05 vs NSE:ANDHRAPAP: 27.92

Andhra Paper had a gross margin of 27.23% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Andhra Paper was -5.30% per year.


Andhra Paper  (NSE:ANDHRAPAP) 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

Andhra Paper had a gross margin of 27.23% 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.


Andhra Paper Gross Margin % Related Terms


Andhra Paper Gross Margin % Historical Data

* Premium members only.

The historical data trend for Andhra Paper'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.

Andhra Paper Gross Margin % Chart

Andhra Paper 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 38.70 49.52 40.96 31.41 27.62

Andhra Paper 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 27.14 30.67 24.89 28.81 27.23

Andhra Paper Gross Margin % Competitor Comparison

For the Paper & Paper Products subindustry, Andhra Paper'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.


Andhra Paper Gross Margin % vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Andhra Paper's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Andhra Paper's Gross Margin % falls into.


NSE:ANDHRAPAP
74GF Score
Andhra Paper Ltd NSE:ANDHRAPAP
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Andhra Paper Gross Margin % Calculation

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

Andhra Paper'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 )
=4699.2 / 17012.338
=(Revenue - Cost of Goods Sold) / Revenue
=(17012.338 - 12313.116) / 17012.338
=27.62 %

Andhra Paper'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 )
=1435.2 / 5270.477
=(Revenue - Cost of Goods Sold) / Revenue
=(5270.477 - 3835.237) / 5270.477
=27.23 %

* 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 27.23% mean?
Andhra Paper (NSE:ANDHRAPAP) has a Gross Margin % of 27.23% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Andhra Paper and its competitors. This is 35% below median its historical median of 41.74. Over the past decade, Andhra Paper's Gross Margin % has ranged from 27.62 to 54.49. According to the industry distribution chart, Andhra Paper ranks #100 out of 279 companies in the Forest Products industry, placing it in the top 35.8%.
Is Andhra Paper's Gross Margin % too high?
Andhra Paper's current Gross Margin % of 27.23% is 35% below median its 10-year median of 41.74. Over the past 10 years, this metric has ranged from a low of 27.62 to a high of 54.49. The Forest Products industry median Gross Margin % is 19.05. Andhra Paper's value of 27.23% is 42.9% above this industry median. Based on the distribution chart, Andhra Paper ranks #100 out of 279 companies in the Forest Products industry, which is above the industry midpoint. Overall, Andhra Paper has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Andhra Paper's Gross Margin % compare to competitors?
According to the Forest Products industry distribution chart, Andhra Paper ranks #100 out of 279 companies for Gross Margin %. This puts Andhra Paper in the upper half of its industry. The industry median Gross Margin % is 19.05. Andhra Paper's value of 27.23% is 42.9% above this benchmark. Historically, Andhra Paper's own Gross Margin % has ranged from 27.62 to 54.49 over the past decade. While the company's 10-year median is 41.74 vs. the industry median of 19.05, Andhra Paper 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 Forest Products company?
The median Gross Margin % among Forest Products companies is 19.05, based on 279 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. Andhra Paper's current Gross Margin % of 27.23% is 42.9% 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 Andhra Paper and its competitors. For the Forest Products industry, the median Gross Margin % is 19.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Andhra Paper's current Gross Margin % is 27.23%, which is 35% below median its own 10-year median of 41.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Andhra Paper stock overvalued right now?
Based on GuruFocus' analysis, Andhra Paper (NSE:ANDHRAPAP) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹86.55, compared to a current price of ₹63.61 — trading 26.5% below its estimated fair value. The current Gross Margin % is 27.23%, which is 35% below median its 10-year median of 41.74 and 42.9% above the Forest Products industry median of 19.05. Andhra Paper's overall GF Score™ is 74/100 with 5 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 Andhra Paper (NSE:ANDHRAPAP), the current Gross Margin % is 27.23% 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 Andhra Paper (NSE:ANDHRAPAP) Overvalued in 2026?

Based on GuruFocus' analysis, Andhra Paper stock appears to be undervalued. The current stock price of ₹63.61 is trading 26.5% below its estimated GF Value™ of ₹86.55. GuruFocus considers Andhra Paper to be Modestly Undervalued.

Key valuation signals for NSE:ANDHRAPAP:

  • Gross Margin %: 27.23% (35% below median its 10-year median of 41.74)
  • GF Value™: ₹86.55 vs. price of ₹63.61 (26.5% below fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 42.9% above the Forest Products median (#100 of 279)

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


Andhra Paper Business Description

Other Exchanges 502330:India
Address No. 31, Chowringee Road, Park Street, 1st Floor, Kolkata, WB, IND, 700016
Andhra Paper Ltd is an integrated paper and pulp manufacturer in India. The company is engaged in the business of manufacturing pulp, paper, and paperboard and produces writing, printing, copier, and industrial papers for Indian and international markets. In addition, the company also provides a range of office documentation and multipurpose papers, from economy to premium grades for both home and commercial use. The company generates maximum revenue from its business in India and the rest from the sale of its products outside India.
74GF Score

Get the complete analysis for NSE:ANDHRAPAP

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

₹63.61
Price
₹86.55
GF Value