Apex Frozen Foods (NSE:APEX) Gross Margin %: 29.24% (As of Mar. 2026) — 40% Above Median


NSE:APEX Apex Frozen Foods Ltd NSE:APEX
66 GF Score
Price ₹407.80
GF Value ₹258.76
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Apex Frozen Foods Gross Margin %?

Apex Frozen Foods NSE:APEX -0.97% 66 Gross Margin % is 29.24% as of Mar. 2026, which is 40% above its 10-year median of 20.89. GuruFocus rates NSE:APEX with a GF Score™ of 66/100 and a GF Value™ of ₹258.76 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,901 Consumer Packaged Goods companies, Apex Frozen Foods ranks better than 65.02% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Apex Frozen Foods's Gross Profit for the three months ended in Mar. 2026 was ₹464 Mil. Apex Frozen Foods's Revenue for the three months ended in Mar. 2026 was ₹1,587 Mil. Therefore, Apex Frozen Foods's Gross Margin % for the quarter that ended in Mar. 2026 was 29.24%.


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

NSE:APEX' s Gross Margin % Range Over the Past 10 Years
Min: 8.93   Med: 20.89   Max: 33.26
Current: 33.26


During the past 13 years, the highest Gross Margin % of Apex Frozen Foods was 33.26%. The lowest was 8.93%. And the median was 20.89%.

NSE:APEX's Gross Margin % is ranked better than
65.02% of 1901 companies
in the Consumer Packaged Goods industry
Industry Median: 26.37 vs NSE:APEX: 33.26

Apex Frozen Foods had a gross margin of 29.24% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Apex Frozen Foods was 6.70% per year.


Apex Frozen Foods  (NSE:APEX) 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

Apex Frozen Foods had a gross margin of 29.24% 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.


Apex Frozen Foods Gross Margin % Related Terms


Apex Frozen Foods Gross Margin % Historical Data

* Premium members only.

The historical data trend for Apex Frozen Foods'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.

Apex Frozen Foods Gross Margin % Chart

Apex Frozen Foods 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 26.69 21.94 23.82 23.43 33.26

Apex Frozen Foods 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 25.34 29.15 34.38 38.77 29.24

NSE:APEX vs ADM, BG, TSN: Gross Margin % Comparison

For the Farm Products subindustry, Apex Frozen Foods'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.


Apex Frozen Foods Gross Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Apex Frozen Foods's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Apex Frozen Foods's Gross Margin % falls into.


NSE:APEX
66GF Score
Apex Frozen Foods Ltd NSE:APEX
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Apex Frozen Foods Gross Margin % Calculation

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

Apex Frozen Foods'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 )
=2933 / 8818.671
=(Revenue - Cost of Goods Sold) / Revenue
=(8818.671 - 5885.678) / 8818.671
=33.26 %

Apex Frozen Foods'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 )
=464.1 / 1587.079
=(Revenue - Cost of Goods Sold) / Revenue
=(1587.079 - 1123.026) / 1587.079
=29.24 %

* 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 29.24% mean?
Apex Frozen Foods (NSE:APEX) has a Gross Margin % of 29.24% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Apex Frozen Foods and its competitors. This is 40% above median its historical median of 20.89. Over the past decade, Apex Frozen Foods' Gross Margin % has ranged from 8.93 to 33.26. According to the industry distribution chart, Apex Frozen Foods ranks #665 out of 1901 companies in the Consumer Packaged Goods industry, placing it in the top 35%.
Is Apex Frozen Foods' Gross Margin % too high?
Apex Frozen Foods' current Gross Margin % of 29.24% is 40% above median its 10-year median of 20.89. Over the past 10 years, this metric has ranged from a low of 8.93 to a high of 33.26. The Consumer Packaged Goods industry median Gross Margin % is 26.37. Apex Frozen Foods' value of 29.24% is 10.9% above this industry median. Based on the distribution chart, Apex Frozen Foods ranks #665 out of 1901 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Apex Frozen Foods has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apex Frozen Foods' Gross Margin % compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Apex Frozen Foods ranks #665 out of 1901 companies for Gross Margin %. This puts Apex Frozen Foods in the upper half of its industry. The industry median Gross Margin % is 26.37. Apex Frozen Foods' value of 29.24% is 10.9% above this benchmark. Historically, Apex Frozen Foods' own Gross Margin % has ranged from 8.93 to 33.26 over the past decade. While the company's 10-year median is 20.89 vs. the industry median of 26.37, Apex Frozen Foods 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 Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.37, based on 1,901 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. Apex Frozen Foods's current Gross Margin % of 29.24% is 10.9% 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 Apex Frozen Foods and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apex Frozen Foods's current Gross Margin % is 29.24%, which is 40% above median its own 10-year median of 20.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Frozen Foods stock overvalued right now?
Based on GuruFocus' analysis, Apex Frozen Foods (NSE:APEX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹258.76, compared to a current price of ₹407.80 — trading 57.6% above its estimated fair value. The current Gross Margin % is 29.24%, which is 40% above median its 10-year median of 20.89 and 10.9% above the Consumer Packaged Goods industry median of 26.37. Apex Frozen Foods' overall GF Score™ is 66/100 with 4 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 Apex Frozen Foods (NSE:APEX), the current Gross Margin % is 29.24% 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 Apex Frozen Foods (NSE:APEX) Overvalued in 2026?

Based on GuruFocus' analysis, Apex Frozen Foods stock appears to be overvalued. The current stock price of ₹407.80 is trading 57.6% above its estimated GF Value™ of ₹258.76. GuruFocus considers Apex Frozen Foods to be Significantly Overvalued.

Key valuation signals for NSE:APEX:

  • Gross Margin %: 29.24% (40% above median its 10-year median of 20.89)
  • GF Value™: ₹258.76 vs. price of ₹407.80 (57.6% above fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 10.9% above the Consumer Packaged Goods median (#665 of 1901)

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


Apex Frozen Foods Business Description

Other Exchanges 540692:India
Address 3-160, Panasapadu, East Godavari District, Kakinada, AP, IND, 533005
Apex Frozen Foods Ltd is a producer and exporter of shelf-stable quality aquaculture products. The company supplies ready-to-cook products to food companies, retail chains, restaurants, club stores, and distributors spread across the developed markets of the USA and various European countries. It produces two kinds of shrimps, namely the Whiteleg Shrimp (Litopenaeus Vannamei) and the Black Tiger Shrimp (Penaeus Monodon), which are sold under the brands owned by the company and its customers, namely Bay Fresh, Bay Harvest, and Bay Premium.
66GF Score

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

₹407.80
Price
₹258.76
GF Value