Girnar Spintex Industries (NSE:ASIL) Gross Margin %: 27.59% (As of Mar. 2026) — Near Median


What is Girnar Spintex Industries Gross Margin %?

Girnar Spintex Industries NSE:ASIL Gross Margin % is 27.59% as of Mar. 2026, which is 4% below its 10-year median of 28.74. The stock has 6 warning signs investors should review.

Gross Margin % is calculated as gross profit divided by its revenue. Girnar Spintex Industries's Gross Profit for the three months ended in Mar. 2026 was ₹101 Mil. Girnar Spintex Industries's Revenue for the three months ended in Mar. 2026 was ₹367 Mil. Therefore, Girnar Spintex Industries's Gross Margin % for the quarter that ended in Mar. 2026 was 27.59%.

Warning Sign:

Girnar Spintex Industries Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.3%.


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

NSE:ASIL' s Gross Margin % Range Over the Past 10 Years
Min: 7.13   Med: 28.74   Max: 39.79
Current: 31.65


During the past 13 years, the highest Gross Margin % of Girnar Spintex Industries was 39.79%. The lowest was 7.13%. And the median was 28.74%.

NSE:ASIL's Gross Margin % is not ranked
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 28.34 vs NSE:ASIL: 31.65

Girnar Spintex Industries had a gross margin of 27.59% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Girnar Spintex Industries was -2.30% per year.


Girnar Spintex Industries  (NSE:ASIL) 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

Girnar Spintex Industries had a gross margin of 27.59% 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.


Girnar Spintex Industries Gross Margin % Related Terms


Girnar Spintex Industries Gross Margin % Historical Data

* Premium members only.

The historical data trend for Girnar Spintex Industries'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.

Girnar Spintex Industries Gross Margin % Chart

Girnar Spintex Industries 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 28.45 16.25 20.96 29.03 31.65

Girnar Spintex Industries 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 36.65 31.16 31.72 36.82 27.59

Girnar Spintex Industries Gross Margin % Competitor Comparison

For the Textile Manufacturing subindustry, Girnar Spintex Industries'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.


Girnar Spintex Industries Gross Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Girnar Spintex Industries's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Girnar Spintex Industries's Gross Margin % falls into.



Girnar Spintex Industries Gross Margin % Calculation

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

Girnar Spintex Industries'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 )
=376.7 / 1190.231
=(Revenue - Cost of Goods Sold) / Revenue
=(1190.231 - 813.559) / 1190.231
=31.65 %

Girnar Spintex Industries'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 )
=101.2 / 366.755
=(Revenue - Cost of Goods Sold) / Revenue
=(366.755 - 265.58) / 366.755
=27.59 %

* 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 27.59% mean?
Girnar Spintex Industries (NSE:ASIL) has a Gross Margin % of 27.59% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Girnar Spintex Industries and its competitors. This is near median its historical median of 28.74. Over the past decade, Girnar Spintex Industries' Gross Margin % has ranged from 7.13 to 39.79.
Is Girnar Spintex Industries' Gross Margin % too high?
Girnar Spintex Industries' current Gross Margin % of 27.59% is near median its 10-year median of 28.74. Over the past 10 years, this metric has ranged from a low of 7.13 to a high of 39.79. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.34. Girnar Spintex Industries' value of 27.59% is 2.6% below this industry median.
How does Girnar Spintex Industries' Gross Margin % compare to competitors?
Girnar Spintex Industries' Gross Margin % of 27.59% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Gross Margin % is 28.34. Girnar Spintex Industries' value of 27.59% is 2.6% below this benchmark. Historically, Girnar Spintex Industries' own Gross Margin % has ranged from 7.13 to 39.79 over the past decade. While the company's 10-year median is 28.74 vs. the industry median of 28.34, Girnar Spintex Industries has consistently been below 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 Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.34, based on 1,027 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. Girnar Spintex Industries's current Gross Margin % of 27.59% is 2.6% below 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 Girnar Spintex Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Girnar Spintex Industries's current Gross Margin % is 27.59%, which is near median its own 10-year median of 28.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Girnar Spintex Industries stock overvalued right now?
Girnar Spintex Industries (NSE:ASIL) has a current Gross Margin % of 27.59%. The stock's GF Value™ is ₹2.18, compared to a current price of ₹0.70 — trading 67.9% below its estimated fair value. The current Gross Margin % is 27.59%, which is near median its 10-year median of 28.74 and 2.6% below the Manufacturing - Apparel & Accessories industry median of 28.34. 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 Girnar Spintex Industries (NSE:ASIL), the current Gross Margin % is 27.59% 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.

Girnar Spintex Industries Business Description

Address Hupari Kolhapur Road, Gat No. 47 and 48, Sangwade, Taluka Karveer, Kolhapur, MH, IND, 416202
Girnar Spintex Industries Ltd is an India-based company engaged in the business of spinning mills. It earns revenues from cotton sales, fabric sales, waste sales, and yarn sales. The company generates a majority of its revenues from yarn sales.