Bannari Amman Spinning MillsNSE:BASML +1.74%66 Gross Margin % is 31.65% as of Mar. 2026, which is 22% above its 10-year median of 25.85. GuruFocus rates NSE:BASML with a GF Score™ of 66/100 and a GF Value™ of ₹33.41 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,027 Manufacturing - Apparel & Accessories companies, Bannari Amman Spinning Mills ranks better than 54.53% on this metric.
NSE:BASML's Gross Margin % is ranked better than 54.53% of 1027
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.34
vs NSE:BASML: 31.13
Bannari Amman Spinning Mills had a gross margin of 31.65% for the quarter that ended in Mar. 2026 => Competition eroding margins
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
Bannari Amman Spinning Mills had a gross margin of 31.65% 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.
Bannari Amman Spinning Mills Gross Margin % Related Terms
Bannari Amman Spinning Mills Gross Margin % Historical Data
* 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.
For the Textile Manufacturing subindustry, Bannari Amman Spinning Mills'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.
Bannari Amman Spinning Mills Gross Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bannari Amman Spinning Mills's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Bannari Amman Spinning Mills'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.
Bannari Amman Spinning Mills (NSE:BASML) has a Gross Margin % of 31.65% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Bannari Amman Spinning Mills and its competitors. This is 22% above median its historical median of 25.85. Over the past decade, Bannari Amman Spinning Mills' Gross Margin % has ranged from 14.03 to 31.13. According to the industry distribution chart, Bannari Amman Spinning Mills ranks #467 out of 1027 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 45.5%.
Is Bannari Amman Spinning Mills' Gross Margin % too high?
Bannari Amman Spinning Mills' current Gross Margin % of 31.65% is 22% above median its 10-year median of 25.85. Over the past 10 years, this metric has ranged from a low of 14.03 to a high of 31.13. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.34. Bannari Amman Spinning Mills' value of 31.65% is 11.7% above this industry median. Based on the distribution chart, Bannari Amman Spinning Mills ranks #467 out of 1027 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Bannari Amman Spinning Mills has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bannari Amman Spinning Mills' Gross Margin % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bannari Amman Spinning Mills ranks #467 out of 1027 companies for Gross Margin %. This puts Bannari Amman Spinning Mills in the upper half of its industry. The industry median Gross Margin % is 28.34. Bannari Amman Spinning Mills' value of 31.65% is 11.7% above this benchmark. Historically, Bannari Amman Spinning Mills' own Gross Margin % has ranged from 14.03 to 31.13 over the past decade. While the company's 10-year median is 25.85 vs. the industry median of 28.34, Bannari Amman Spinning Mills 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 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. Bannari Amman Spinning Mills's current Gross Margin % of 31.65% is 11.7% 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 Bannari Amman Spinning Mills 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. Bannari Amman Spinning Mills's current Gross Margin % is 31.65%, which is 22% above median its own 10-year median of 25.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bannari Amman Spinning Mills stock overvalued right now?
Based on GuruFocus' analysis, Bannari Amman Spinning Mills (NSE:BASML) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹33.41, compared to a current price of ₹28.08 — trading 16% below its estimated fair value. The current Gross Margin % is 31.65%, which is 22% above median its 10-year median of 25.85 and 11.7% above the Manufacturing - Apparel & Accessories industry median of 28.34. Bannari Amman Spinning Mills' overall GF Score™ is 66/100 with 3 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 Bannari Amman Spinning Mills (NSE:BASML), the current Gross Margin % is 31.65% 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 Bannari Amman Spinning Mills (NSE:BASML) Overvalued in 2026?
Based on GuruFocus' analysis, Bannari Amman Spinning Mills stock appears to be undervalued.
The current stock price of ₹28.08 is trading 16% below its estimated GF Value™ of ₹33.41.
GuruFocus considers Bannari Amman Spinning Mills to be Modestly Undervalued.
Key valuation signals for NSE:BASML:
Gross Margin %: 31.65% (22% above median its 10-year median of 25.85)
GF Value™: ₹33.41 vs. price of ₹28.08 (16% below fair value)
Industry Position: 11.7% above the Manufacturing - Apparel & Accessories median (#467 of 1027)
No single metric tells the full story. See the NSE:BASML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bannari Amman Spinning Mills Ltd is an integrated textile company engaged in the manufacture of cotton yarn, knitted & woven fabrics, processing of fabrics, finished garments, home textiles, and wind power generation. It operates through the Textiles segment. Its divisions include Spinning, Weaving, Knitting, Home Textiles, and Windmills. It has one reportable segment as Textile. Geographically, the group has a business presence in India and other countries, from which key revenue is derived within India.
66GF Score
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