Ashoka MetcastNSE:ASHOKAMET +1.41%76 Gross Margin % is 38.86% as of Mar. 2026, which is 219% above its 10-year median of 12.20. GuruFocus rates NSE:ASHOKAMET with a GF Score™ of 76/100 and a GF Value™ of ₹16.19 (Fairly Valued). The stock has 4 warning signs investors should review. Among 593 Steel companies, Ashoka Metcast ranks better than 91.74% on this metric.
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
Ashoka Metcast had a gross margin of 38.86% 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.
Ashoka Metcast Gross Margin % Related Terms
Ashoka Metcast Gross Margin % Historical Data
* Premium members only.
The historical data trend for Ashoka Metcast'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.
NSE:ASHOKAMET vs NUE, STLD, RS: Gross Margin % Comparison
For the Steel subindustry, Ashoka Metcast'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.
Ashoka Metcast Gross Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Ashoka Metcast's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Ashoka Metcast's Gross Margin % falls into.
* 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.
Ashoka Metcast (NSE:ASHOKAMET) has a Gross Margin % of 38.86% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Ashoka Metcast and its competitors. This is 219% above median its historical median of 12.20. Over the past decade, Ashoka Metcast's Gross Margin % has ranged from 0.78 to 42.06. According to the industry distribution chart, Ashoka Metcast ranks #49 out of 593 companies in the Steel industry, placing it in the top 8.3%.
Is Ashoka Metcast's Gross Margin % too high?
Ashoka Metcast's current Gross Margin % of 38.86% is 219% above median its 10-year median of 12.20. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 42.06. The Steel industry median Gross Margin % is 12.60. Ashoka Metcast's value of 38.86% is 208.4% above this industry median. Based on the distribution chart, Ashoka Metcast ranks #49 out of 593 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Ashoka Metcast has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ashoka Metcast's Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Ashoka Metcast ranks #49 out of 593 companies for Gross Margin %. This places Ashoka Metcast in the top 8% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 12.60. Ashoka Metcast's value of 38.86% is 208.4% above this benchmark. Historically, Ashoka Metcast's own Gross Margin % has ranged from 0.78 to 42.06 over the past decade. While the company's 10-year median is 12.20 vs. the industry median of 12.60, Ashoka Metcast 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 Steel company?
The median Gross Margin % among Steel companies is 12.60, based on 593 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. Ashoka Metcast's current Gross Margin % of 38.86% is 208.4% 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 Ashoka Metcast and its competitors. For the Steel industry, the median Gross Margin % is 12.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashoka Metcast's current Gross Margin % is 38.86%, which is 219% above median its own 10-year median of 12.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashoka Metcast stock overvalued right now?
Based on GuruFocus' analysis, Ashoka Metcast (NSE:ASHOKAMET) is currently considered Fairly Valued. The stock's GF Value™ is ₹16.19, compared to a current price of ₹15.06 — trading 7% below its estimated fair value. The current Gross Margin % is 38.86%, which is 219% above median its 10-year median of 12.20 and 208.4% above the Steel industry median of 12.60. Ashoka Metcast's overall GF Score™ is 76/100 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 Ashoka Metcast (NSE:ASHOKAMET), the current Gross Margin % is 38.86% 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 Ashoka Metcast (NSE:ASHOKAMET) Overvalued in 2026?
Based on GuruFocus' analysis, Ashoka Metcast stock appears to be undervalued.
The current stock price of ₹15.06 is trading 7% below its estimated GF Value™ of ₹16.19.
GuruFocus considers Ashoka Metcast to be Fairly Valued.
Key valuation signals for NSE:ASHOKAMET:
Gross Margin %: 38.86% (219% above median its 10-year median of 12.20)
GF Value™: ₹16.19 vs. price of ₹15.06 (7% below fair value)
Industry Position: 208.4% above the Steel median (#49 of 593)
No single metric tells the full story. See the NSE:ASHOKAMET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ashoka Metcast Ltd is currently engaged in the trading of structural steel and goods. The company has two segments namely Steel Trading and Trading of Goods. The company products are Thermo-Mechanically Treated bars, Angle bars, Mild steel bars, and Steel channels.
76GF Score
Get the complete analysis for NSE:ASHOKAMET
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:ASHOKAMET has been successfully added to your 
