Balaji Phosphates (NSE:BALAJIPHOS) Gross Margin %: 33.55% (As of Mar. 2026) — 35% Above Median


NSE:BALAJIPHOS Balaji Phosphates Ltd NSE:BALAJIPHOS
26 GF Score
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! 4 Warning Signs
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What is Balaji Phosphates Gross Margin %?

Balaji Phosphates NSE:BALAJIPHOS 26 Gross Margin % is 33.55% as of Mar. 2026, which is 35% above its 10-year median of 24.79. GuruFocus rates NSE:BALAJIPHOS with a GF Score™ of 26/100. The stock has 4 warning signs investors should review. Among 245 Agriculture companies, Balaji Phosphates ranks better than 72.65% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Balaji Phosphates's Gross Profit for the six months ended in Mar. 2026 was ₹572 Mil. Balaji Phosphates's Revenue for the six months ended in Mar. 2026 was ₹1,705 Mil. Therefore, Balaji Phosphates's Gross Margin % for the quarter that ended in Mar. 2026 was 33.55%.


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

NSE:BALAJIPHOS' s Gross Margin % Range Over the Past 10 Years
Min: 24.25   Med: 24.79   Max: 33.79
Current: 33.55


During the past 5 years, the highest Gross Margin % of Balaji Phosphates was 33.79%. The lowest was 24.25%. And the median was 24.79%.

NSE:BALAJIPHOS's Gross Margin % is ranked better than
72.65% of 245 companies
in the Agriculture industry
Industry Median: 25.27 vs NSE:BALAJIPHOS: 33.55

Balaji Phosphates had a gross margin of 33.55% for the quarter that ended in Mar. 2026 => Competition eroding margins

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


Balaji Phosphates  (NSE:BALAJIPHOS) 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

Balaji Phosphates had a gross margin of 33.55% 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.


Balaji Phosphates Gross Margin % Related Terms


Balaji Phosphates Gross Margin % Historical Data

* Premium members only.

The historical data trend for Balaji Phosphates'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.

Balaji Phosphates Gross Margin % Chart

Balaji Phosphates Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
24.25 24.79 24.57 33.79 33.55

Balaji Phosphates Semi-Annual Data
Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin % 24.25 24.79 24.57 33.79 33.55

NSE:BALAJIPHOS vs CTVA, CF, MOS: Gross Margin % Comparison

For the Agricultural Inputs subindustry, Balaji Phosphates'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.


Balaji Phosphates Gross Margin % vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Balaji Phosphates's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Balaji Phosphates's Gross Margin % falls into.


NSE:BALAJIPHOS
26GF Score
Balaji Phosphates Ltd NSE:BALAJIPHOS
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Balaji Phosphates Gross Margin % Calculation

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

Balaji Phosphates'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 )
=571.9 / 1704.738
=(Revenue - Cost of Goods Sold) / Revenue
=(1704.738 - 1132.841) / 1704.738
=33.55 %

Balaji Phosphates'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 )
=571.9 / 1704.738
=(Revenue - Cost of Goods Sold) / Revenue
=(1704.738 - 1132.841) / 1704.738
=33.55 %

* 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 33.55% mean?
Balaji Phosphates (NSE:BALAJIPHOS) has a Gross Margin % of 33.55% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Balaji Phosphates and its competitors. This is 35% above median its historical median of 24.79. Over the past decade, Balaji Phosphates' Gross Margin % has ranged from 24.25 to 33.79. According to the industry distribution chart, Balaji Phosphates ranks #67 out of 245 companies in the Agriculture industry, placing it in the top 27.3%.
Is Balaji Phosphates' Gross Margin % too high?
Balaji Phosphates' current Gross Margin % of 33.55% is 35% above median its 10-year median of 24.79. Over the past 10 years, this metric has ranged from a low of 24.25 to a high of 33.79. The Agriculture industry median Gross Margin % is 25.27. Balaji Phosphates' value of 33.55% is 32.8% above this industry median. Based on the distribution chart, Balaji Phosphates ranks #67 out of 245 companies in the Agriculture industry, which is above the industry midpoint. Overall, Balaji Phosphates has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Balaji Phosphates' Gross Margin % compare to CTVA and CF?
According to the Agriculture industry distribution chart, Balaji Phosphates ranks #67 out of 245 companies for Gross Margin %. This puts Balaji Phosphates in the upper half of its industry. The industry median Gross Margin % is 25.27. Balaji Phosphates' value of 33.55% is 32.8% above this benchmark. Historically, Balaji Phosphates' own Gross Margin % has ranged from 24.25 to 33.79 over the past decade. While the company's 10-year median is 24.79 vs. the industry median of 25.27, Balaji Phosphates 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 Agriculture company?
The median Gross Margin % among Agriculture companies is 25.27, based on 245 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. Balaji Phosphates's current Gross Margin % of 33.55% is 32.8% 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 Balaji Phosphates and its competitors. For the Agriculture industry, the median Gross Margin % is 25.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Balaji Phosphates's current Gross Margin % is 33.55%, which is 35% above median its own 10-year median of 24.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Balaji Phosphates stock overvalued right now?
Balaji Phosphates (NSE:BALAJIPHOS) has a current Gross Margin % of 33.55%. The current Gross Margin % is 33.55%, which is 35% above median its 10-year median of 24.79 and 32.8% above the Agriculture industry median of 25.27. Balaji Phosphates' overall GF Score™ is 26/100 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 Balaji Phosphates (NSE:BALAJIPHOS), the current Gross Margin % is 33.55% 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.

Balaji Phosphates Business Description

Address 305, Utsav Avenue, 12/5, Usha Ganj Jaora Compound, Indore General Post Office, Indore, MP, IND, 452001
Balaji Phosphates Ltd manufactures and supplies Single Super Phosphate (SSP) in powder and granulated forms, NPK granulated and mixed fertilizers, and zinc sulphate. It sells products under the brand names RATNAM and BPPL to customers, including retailers, wholesalers, and state-owned cooperatives, with farmers being the end users. The company operates in two segments: Fertilizers and Weighbridge. The Fertilizers segment includes the manufacturing of single super phosphate fertilizers. The Weighbridge segment includes the manufacture of weighbridges and annual service maintenance. The key revenue is generated from the Fertilizers segment.
26GF Score

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