Bharat Bijlee (NSE:BBL) Gross Margin %: 21.13% (As of Mar. 2026) — 18% Below Median


NSE:BBL Bharat Bijlee Ltd NSE:BBL
90 GF Score
Price ₹2,825.00
GF Value ₹3,608.68
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Bharat Bijlee Gross Margin %?

Bharat Bijlee NSE:BBL -2.08% 90 Gross Margin % is 21.13% as of Mar. 2026, which is 18% below its 10-year median of 25.62. GuruFocus rates NSE:BBL with a GF Score™ of 90/100 and a GF Value™ of ₹3,608.68 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,996 Industrial Products companies, Bharat Bijlee ranks worse than 57.44% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Bharat Bijlee's Gross Profit for the three months ended in Mar. 2026 was ₹1,621 Mil. Bharat Bijlee's Revenue for the three months ended in Mar. 2026 was ₹7,671 Mil. Therefore, Bharat Bijlee's Gross Margin % for the quarter that ended in Mar. 2026 was 21.13%.

Warning Sign:

Bharat Bijlee Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.8%.


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

NSE:BBL' s Gross Margin % Range Over the Past 10 Years
Min: 22.35   Med: 25.62   Max: 28.59
Current: 23.92


During the past 13 years, the highest Gross Margin % of Bharat Bijlee was 28.59%. The lowest was 22.35%. And the median was 25.62%.

NSE:BBL's Gross Margin % is ranked worse than
57.44% of 2996 companies
in the Industrial Products industry
Industry Median: 26.8 vs NSE:BBL: 23.92

Bharat Bijlee had a gross margin of 21.13% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Bharat Bijlee was -2.80% per year.


Bharat Bijlee  (NSE:BBL) 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

Bharat Bijlee had a gross margin of 21.13% 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.


Bharat Bijlee Gross Margin % Related Terms


Bharat Bijlee Gross Margin % Historical Data

* Premium members only.

The historical data trend for Bharat Bijlee'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.

Bharat Bijlee Gross Margin % Chart

Bharat Bijlee 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 23.98 25.62 25.73 25.61 22.35

Bharat Bijlee 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 25.74 25.78 26.90 23.67 21.13

NSE:BBL vs VRT, BE: Gross Margin % Comparison

For the Electrical Equipment & Parts subindustry, Bharat Bijlee'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.


Bharat Bijlee Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bharat Bijlee's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Bharat Bijlee's Gross Margin % falls into.


NSE:BBL
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Bharat Bijlee Ltd NSE:BBL
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bharat Bijlee Gross Margin % Calculation

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

Bharat Bijlee'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 )
=5045.2 / 22568.8
=(Revenue - Cost of Goods Sold) / Revenue
=(22568.8 - 17523.6) / 22568.8
=22.35 %

Bharat Bijlee'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 )
=1620.8 / 7670.9
=(Revenue - Cost of Goods Sold) / Revenue
=(7670.9 - 6050.1) / 7670.9
=21.13 %

* 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 21.13% mean?
Bharat Bijlee (NSE:BBL) has a Gross Margin % of 21.13% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Bharat Bijlee and its competitors. This is 18% below median its historical median of 25.62. Over the past decade, Bharat Bijlee's Gross Margin % has ranged from 22.35 to 28.59. According to the industry distribution chart, Bharat Bijlee ranks #1721 out of 2996 companies in the Industrial Products industry, placing it in the top 57.4%.
Is Bharat Bijlee's Gross Margin % too high?
Bharat Bijlee's current Gross Margin % of 21.13% is 18% below median its 10-year median of 25.62. Over the past 10 years, this metric has ranged from a low of 22.35 to a high of 28.59. The Industrial Products industry median Gross Margin % is 26.80. Bharat Bijlee's value of 21.13% is 21.2% below this industry median. Based on the distribution chart, Bharat Bijlee ranks #1721 out of 2996 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Bharat Bijlee has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bharat Bijlee's Gross Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Bharat Bijlee ranks #1721 out of 2996 companies for Gross Margin %. This places Bharat Bijlee in the lower half of its industry. The industry median Gross Margin % is 26.80. Bharat Bijlee's value of 21.13% is 21.2% below this benchmark. Historically, Bharat Bijlee's own Gross Margin % has ranged from 22.35 to 28.59 over the past decade. While the company's 10-year median is 25.62 vs. the industry median of 26.80, Bharat Bijlee 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 an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.80, based on 2,996 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. Bharat Bijlee's current Gross Margin % of 21.13% is 21.2% 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 Bharat Bijlee and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bharat Bijlee's current Gross Margin % is 21.13%, which is 18% below median its own 10-year median of 25.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharat Bijlee stock overvalued right now?
Based on GuruFocus' analysis, Bharat Bijlee (NSE:BBL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹3,608.68, compared to a current price of ₹2,825.00 — trading 21.7% below its estimated fair value. The current Gross Margin % is 21.13%, which is 18% below median its 10-year median of 25.62 and 21.2% below the Industrial Products industry median of 26.80. Bharat Bijlee's overall GF Score™ is 90/100 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 Bharat Bijlee (NSE:BBL), the current Gross Margin % is 21.13% 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 Bharat Bijlee (NSE:BBL) Overvalued in 2026?

Based on GuruFocus' analysis, Bharat Bijlee stock appears to be undervalued. The current stock price of ₹2,825.00 is trading 21.7% below its estimated GF Value™ of ₹3,608.68. GuruFocus considers Bharat Bijlee to be Modestly Undervalued.

Key valuation signals for NSE:BBL:

  • Gross Margin %: 21.13% (18% below median its 10-year median of 25.62)
  • GF Value™: ₹3,608.68 vs. price of ₹2,825.00 (21.7% below fair value)
  • GF Score™: 90/100 with 4 warning signs
  • Industry Position: 21.2% below the Industrial Products median (#1721 of 2996)

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


Bharat Bijlee Business Description

Other Exchanges 503960:India
Address Appasaheb Marathe Marg, 6th Floor, Electric Mansion, Prabhadevi, Mumbai, MH, IND, 400025
Bharat Bijlee Ltd offers electric motors and transformers. The company's operating business segments include Power Systems and Industrial Systems. The Power Systems segment, which generates maximum revenue, comprises the design, commissioning, and marketing of power transformers; EPC projects for electrical substations, including delivery, rectification, commissioning, and servicing of transformers, and marketing of maintenance products. The Industrial systems segment comprises the development, marketing, and manufacture of a wide range of standard and customized electric motors; magnet technology machines, and the engineering and supply of Drives and Automation systems. Geographically, it has a presence in India and Outside India, of which a majority of its revenue is derived from India.
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹2,825.00
Price
₹3,608.68
GF Value