BAG Convergence (NSE:BAGDIGITAL) Gross Margin %: 123.91% (As of Mar. 2026) — 11% Above Median


NSE:BAGDIGITAL BAG Convergence Ltd NSE:BAGDIGITAL
21 GF Score
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What is BAG Convergence Gross Margin %?

BAG Convergence NSE:BAGDIGITAL 21 Gross Margin % is 123.91% as of Mar. 2026, which is 11% above its 10-year median of 111.81. GuruFocus rates NSE:BAGDIGITAL with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 497 Interactive Media companies, BAG Convergence ranks better than 95.37% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. BAG Convergence's Gross Profit for the six months ended in Mar. 2026 was ₹264.5 Mil. BAG Convergence's Revenue for the six months ended in Mar. 2026 was ₹213.4 Mil. Therefore, BAG Convergence's Gross Margin % for the quarter that ended in Mar. 2026 was 123.91%.


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

NSE:BAGDIGITAL' s Gross Margin % Range Over the Past 10 Years
Min: 111.81   Med: 111.81   Max: 123.92
Current: 123.92


During the past 4 years, the highest Gross Margin % of BAG Convergence was 123.92%. The lowest was 111.81%. And the median was 111.81%.

NSE:BAGDIGITAL's Gross Margin % is ranked better than
95.37% of 497 companies
in the Interactive Media industry
Industry Median: 62.58 vs NSE:BAGDIGITAL: 123.92

BAG Convergence had a gross margin of 123.91% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for BAG Convergence was 0.00% per year.


BAG Convergence  (NSE:BAGDIGITAL) 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

BAG Convergence had a gross margin of 123.91% 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.


BAG Convergence Gross Margin % Related Terms


BAG Convergence Gross Margin % Historical Data

* Premium members only.

The historical data trend for BAG Convergence'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.

BAG Convergence Gross Margin % Chart

BAG Convergence Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Gross Margin %
0.00 0.00 0.00 111.81

BAG Convergence Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Gross Margin % 0.00 0.00 100.26 123.91

NSE:BAGDIGITAL vs GOOGL, META, SPOT: Gross Margin % Comparison

For the Internet Content & Information subindustry, BAG Convergence'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.


BAG Convergence Gross Margin % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, BAG Convergence's Gross Margin % distribution charts can be found below:

* The bar in red indicates where BAG Convergence's Gross Margin % falls into.


NSE:BAGDIGITAL
21GF Score
BAG Convergence Ltd NSE:BAGDIGITAL
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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BAG Convergence Gross Margin % Calculation

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

BAG Convergence'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 )
=483.1 / 432.061
=(Revenue - Cost of Goods Sold) / Revenue
=(432.061 - -51.04) / 432.061
=111.81 %

BAG Convergence'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 )
=264.5 / 213.425
=(Revenue - Cost of Goods Sold) / Revenue
=(213.425 - -51.04) / 213.425
=123.91 %

* 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 123.91% mean?
BAG Convergence (NSE:BAGDIGITAL) has a Gross Margin % of 123.91% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on BAG Convergence and its competitors. This is 11% above median its historical median of 111.81. Over the past decade, BAG Convergence's Gross Margin % has ranged from 111.81 to 123.92. According to the industry distribution chart, BAG Convergence ranks #23 out of 497 companies in the Interactive Media industry, placing it in the top 4.6%.
Is BAG Convergence's Gross Margin % too high?
BAG Convergence's current Gross Margin % of 123.91% is 11% above median its 10-year median of 111.81. Over the past 10 years, this metric has ranged from a low of 111.81 to a high of 123.92. The Interactive Media industry median Gross Margin % is 62.58. BAG Convergence's value of 123.91% is 98% above this industry median. Based on the distribution chart, BAG Convergence ranks #23 out of 497 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, BAG Convergence has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does BAG Convergence's Gross Margin % compare to GOOGL and META?
According to the Interactive Media industry distribution chart, BAG Convergence ranks #23 out of 497 companies for Gross Margin %. This places BAG Convergence in the top 5% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 62.58. BAG Convergence's value of 123.91% is 98% above this benchmark. Historically, BAG Convergence's own Gross Margin % has ranged from 111.81 to 123.92 over the past decade. While the company's 10-year median is 111.81 vs. the industry median of 62.58, BAG Convergence 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 an Interactive Media company?
The median Gross Margin % among Interactive Media companies is 62.58, based on 497 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. BAG Convergence's current Gross Margin % of 123.91% is 98% 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 BAG Convergence and its competitors. For the Interactive Media industry, the median Gross Margin % is 62.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BAG Convergence's current Gross Margin % is 123.91%, which is 11% above median its own 10-year median of 111.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BAG Convergence stock overvalued right now?
BAG Convergence (NSE:BAGDIGITAL) has a current Gross Margin % of 123.91%. The current Gross Margin % is 123.91%, which is 11% above median its 10-year median of 111.81 and 98% above the Interactive Media industry median of 62.58. BAG Convergence's overall GF Score™ is 21/100 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 BAG Convergence (NSE:BAGDIGITAL), the current Gross Margin % is 123.91% 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.

BAG Convergence Business Description

Address FC-23, Sector 16A, Film City, Sector 16A, Noida, UP, IND, 201301
BAG Convergence Ltd is engaged in the business of convergence of traditional media to digital media and renders technical assistance to TV channels, along with services related to website maintenance. The company is involved in content creation on digital platforms across News, Entertainment, Sports, Religious, and other segments, operating through websites, social media platforms including YouTube, Facebook, Instagram, and X, as well as Connected TV on Samsung Plus, LG, Xiaomi, and Waves-Prasar Bharti. Its clients include News24 Hindi, News24 English, E24, ISOMES, and BAG.
21GF Score

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