BASF India (NSE:BASF) Gross Margin %: 16.81% (As of Mar. 2026) — Near Median


NSE:BASF BASF India Ltd NSE:BASF
78 GF Score
Price ₹3,664.10
GF Value ₹4,348.42
Valuation Modestly Undervalued
! 4 Warning Signs
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What is BASF India Gross Margin %?

BASF India NSE:BASF +0.73% 78 Gross Margin % is 16.81% as of Mar. 2026, which is 2% below its 10-year median of 17.09. GuruFocus rates NSE:BASF with a GF Score™ of 78/100 and a GF Value™ of ₹4,348.42 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,555 Chemicals companies, BASF India ranks worse than 68.75% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. BASF India's Gross Profit for the three months ended in Mar. 2026 was ₹5,779 Mil. BASF India's Revenue for the three months ended in Mar. 2026 was ₹34,390 Mil. Therefore, BASF India's Gross Margin % for the quarter that ended in Mar. 2026 was 16.81%.

Warning Sign:

BASF India Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.9%.


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

NSE:BASF' s Gross Margin % Range Over the Past 10 Years
Min: 15.17   Med: 17.09   Max: 25.55
Current: 16.42


During the past 13 years, the highest Gross Margin % of BASF India was 25.55%. The lowest was 15.17%. And the median was 17.09%.

NSE:BASF's Gross Margin % is ranked worse than
68.75% of 1555 companies
in the Chemicals industry
Industry Median: 23.44 vs NSE:BASF: 16.42

BASF India had a gross margin of 16.81% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for BASF India was -1.90% per year.


BASF India  (NSE:BASF) 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

BASF India had a gross margin of 16.81% for the quarter that ended in Mar. 2026 => No sustainable 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.


BASF India Gross Margin % Related Terms


BASF India Gross Margin % Historical Data

* Premium members only.

The historical data trend for BASF India'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.

BASF India Gross Margin % Chart

BASF India 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 16.44 15.18 16.34 15.17 16.09

BASF India 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 13.65 18.94 14.64 15.40 16.81

NSE:BASF vs LIN, SHW, ECL: Gross Margin % Comparison

For the Specialty Chemicals subindustry, BASF India'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.


BASF India Gross Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, BASF India's Gross Margin % distribution charts can be found below:

* The bar in red indicates where BASF India's Gross Margin % falls into.


NSE:BASF
78GF Score
BASF India Ltd NSE:BASF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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BASF India Gross Margin % Calculation

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

BASF India'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 )
=24018.9 / 149303.6
=(Revenue - Cost of Goods Sold) / Revenue
=(149303.6 - 125284.7) / 149303.6
=16.09 %

BASF India'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 )
=5779.3 / 34390.1
=(Revenue - Cost of Goods Sold) / Revenue
=(34390.1 - 28610.8) / 34390.1
=16.81 %

* 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 16.81% mean?
BASF India (NSE:BASF) has a Gross Margin % of 16.81% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on BASF India and its competitors. This is near median its historical median of 17.09. Over the past decade, BASF India's Gross Margin % has ranged from 15.17 to 25.55. According to the industry distribution chart, BASF India ranks #1069 out of 1555 companies in the Chemicals industry, placing it in the top 68.7%.
Is BASF India's Gross Margin % too high?
BASF India's current Gross Margin % of 16.81% is near median its 10-year median of 17.09. Over the past 10 years, this metric has ranged from a low of 15.17 to a high of 25.55. The Chemicals industry median Gross Margin % is 23.44. BASF India's value of 16.81% is 28.3% below this industry median. Based on the distribution chart, BASF India ranks #1069 out of 1555 companies in the Chemicals industry, which is below the industry midpoint. Overall, BASF India has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BASF India's Gross Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, BASF India ranks #1069 out of 1555 companies for Gross Margin %. This places BASF India in the lower half of its industry. The industry median Gross Margin % is 23.44. BASF India's value of 16.81% is 28.3% below this benchmark. Historically, BASF India's own Gross Margin % has ranged from 15.17 to 25.55 over the past decade. While the company's 10-year median is 17.09 vs. the industry median of 23.44, BASF India 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 Chemicals company?
The median Gross Margin % among Chemicals companies is 23.44, based on 1,555 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. BASF India's current Gross Margin % of 16.81% is 28.3% 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 BASF India and its competitors. For the Chemicals industry, the median Gross Margin % is 23.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BASF India's current Gross Margin % is 16.81%, which is near median its own 10-year median of 17.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BASF India stock overvalued right now?
Based on GuruFocus' analysis, BASF India (NSE:BASF) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹4,348.42, compared to a current price of ₹3,664.10 — trading 15.7% below its estimated fair value. The current Gross Margin % is 16.81%, which is near median its 10-year median of 17.09 and 28.3% below the Chemicals industry median of 23.44. BASF India's overall GF Score™ is 78/100 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 BASF India (NSE:BASF), the current Gross Margin % is 16.81% 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 BASF India (NSE:BASF) Overvalued in 2026?

Based on GuruFocus' analysis, BASF India stock appears to be undervalued. The current stock price of ₹3,664.10 is trading 15.7% below its estimated GF Value™ of ₹4,348.42. GuruFocus considers BASF India to be Modestly Undervalued.

Key valuation signals for NSE:BASF:

  • Gross Margin %: 16.81% (near median its 10-year median of 17.09)
  • GF Value™: ₹4,348.42 vs. price of ₹3,664.10 (15.7% below fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 28.3% below the Chemicals median (#1069 of 1555)

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


BASF India Business Description

Other Exchanges 500042:India
Address Eastern Express Highway, Unit Nos. 10A, 10B, 10C, 10th Floor, Godrej One, Pirojshanagar, Vikhroli East, Mumbai, MH, IND, 400 079
BASF India Ltd is a subsidiary of BASF SE, and the company manufactures and sells a variety of chemicals. Its segments include the Materials segment produces raw materials for plastics and auto components as well as related consumer products. The industrial solutions segment supplies chemicals for paint, stationery goods, plastic production, and mining. The agricultural solutions segment sells pesticides. The surface technologies segment sells chemicals for coatings, construction, and chemical production. The nutrition and care segment sells ingredients for personal care, cleaning, and nutrition. Chemicals segment supplies intermediates for the petrochemical and pharmaceutical end markets. Other segment includes activities that are not allocated to any of the continued operating divisions.
78GF Score

Get the complete analysis for NSE:BASF

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

₹3,664.10
Price
₹4,348.42
GF Value