Bhansali Engineering Polymers (NSE:BEPL) Gross Margin %: 36.91% (As of Mar. 2026) — 30% Above Median


NSE:BEPL Bhansali Engineering Polymers Ltd NSE:BEPL
74 GF Score
Price ₹98.88
GF Value ₹98.50
Valuation Fairly Valued
! 4 Warning Signs
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What is Bhansali Engineering Polymers Gross Margin %?

Bhansali Engineering Polymers NSE:BEPL -0.13% 74 Gross Margin % is 36.91% as of Mar. 2026, which is 30% above its 10-year median of 28.47. GuruFocus rates NSE:BEPL with a GF Score™ of 74/100 and a GF Value™ of ₹98.50 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,561 Chemicals companies, Bhansali Engineering Polymers ranks better than 73.29% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Bhansali Engineering Polymers's Gross Profit for the three months ended in Mar. 2026 was ₹1,261 Mil. Bhansali Engineering Polymers's Revenue for the three months ended in Mar. 2026 was ₹3,416 Mil. Therefore, Bhansali Engineering Polymers's Gross Margin % for the quarter that ended in Mar. 2026 was 36.91%.

Warning Sign:

Bhansali Engineering Polymers Ltd gross margin has been in long-term decline. The average rate of decline per year is -7.9%.


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

NSE:BEPL' s Gross Margin % Range Over the Past 10 Years
Min: 16.75   Med: 28.47   Max: 46.74
Current: 33.54


During the past 13 years, the highest Gross Margin % of Bhansali Engineering Polymers was 46.74%. The lowest was 16.75%. And the median was 28.47%.

NSE:BEPL's Gross Margin % is ranked better than
73.29% of 1561 companies
in the Chemicals industry
Industry Median: 23.35 vs NSE:BEPL: 33.54

Bhansali Engineering Polymers had a gross margin of 36.91% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Bhansali Engineering Polymers was -7.90% per year.


Bhansali Engineering Polymers  (NSE:BEPL) 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

Bhansali Engineering Polymers had a gross margin of 36.91% 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.


Bhansali Engineering Polymers Gross Margin % Related Terms


Bhansali Engineering Polymers Gross Margin % Historical Data

* Premium members only.

The historical data trend for Bhansali Engineering Polymers'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.

Bhansali Engineering Polymers Gross Margin % Chart

Bhansali Engineering Polymers 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 46.02 27.32 31.35 29.31 33.54

Bhansali Engineering Polymers 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 29.66 32.11 31.42 33.46 36.91

NSE:BEPL vs DOW: Gross Margin % Comparison

For the Chemicals subindustry, Bhansali Engineering Polymers'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.


Bhansali Engineering Polymers Gross Margin % vs Chemicals Industry

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

* The bar in red indicates where Bhansali Engineering Polymers's Gross Margin % falls into.


NSE:BEPL
74GF Score
Bhansali Engineering Polymers Ltd NSE:BEPL
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bhansali Engineering Polymers Gross Margin % Calculation

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

Bhansali Engineering Polymers'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 )
=4279.5 / 12760.04
=(Revenue - Cost of Goods Sold) / Revenue
=(12760.04 - 8480.503) / 12760.04
=33.54 %

Bhansali Engineering Polymers'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 )
=1260.9 / 3416.073
=(Revenue - Cost of Goods Sold) / Revenue
=(3416.073 - 2155.201) / 3416.073
=36.91 %

* 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 36.91% mean?
Bhansali Engineering Polymers (NSE:BEPL) has a Gross Margin % of 36.91% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Bhansali Engineering Polymers and its competitors. This is 30% above median its historical median of 28.47. Over the past decade, Bhansali Engineering Polymers' Gross Margin % has ranged from 16.75 to 46.74. According to the industry distribution chart, Bhansali Engineering Polymers ranks #417 out of 1561 companies in the Chemicals industry, placing it in the top 26.7%.
Is Bhansali Engineering Polymers' Gross Margin % too high?
Bhansali Engineering Polymers' current Gross Margin % of 36.91% is 30% above median its 10-year median of 28.47. Over the past 10 years, this metric has ranged from a low of 16.75 to a high of 46.74. The Chemicals industry median Gross Margin % is 23.35. Bhansali Engineering Polymers' value of 36.91% is 58.1% above this industry median. Based on the distribution chart, Bhansali Engineering Polymers ranks #417 out of 1561 companies in the Chemicals industry, which is above the industry midpoint. Overall, Bhansali Engineering Polymers has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bhansali Engineering Polymers' Gross Margin % compare to DOW?
According to the Chemicals industry distribution chart, Bhansali Engineering Polymers ranks #417 out of 1561 companies for Gross Margin %. This puts Bhansali Engineering Polymers in the upper half of its industry. The industry median Gross Margin % is 23.35. Bhansali Engineering Polymers' value of 36.91% is 58.1% above this benchmark. Historically, Bhansali Engineering Polymers' own Gross Margin % has ranged from 16.75 to 46.74 over the past decade. While the company's 10-year median is 28.47 vs. the industry median of 23.35, Bhansali Engineering Polymers 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 Chemicals company?
The median Gross Margin % among Chemicals companies is 23.35, based on 1,561 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. Bhansali Engineering Polymers's current Gross Margin % of 36.91% is 58.1% 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 Bhansali Engineering Polymers and its competitors. For the Chemicals industry, the median Gross Margin % is 23.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bhansali Engineering Polymers's current Gross Margin % is 36.91%, which is 30% above median its own 10-year median of 28.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bhansali Engineering Polymers stock overvalued right now?
Based on GuruFocus' analysis, Bhansali Engineering Polymers (NSE:BEPL) is currently considered Fairly Valued. The stock's GF Value™ is ₹98.50, compared to a current price of ₹98.88 — trading 0.4% above its estimated fair value. The current Gross Margin % is 36.91%, which is 30% above median its 10-year median of 28.47 and 58.1% above the Chemicals industry median of 23.35. Bhansali Engineering Polymers' overall GF Score™ is 74/100 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 Bhansali Engineering Polymers (NSE:BEPL), the current Gross Margin % is 36.91% 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.

Is Bhansali Engineering Polymers (NSE:BEPL) Overvalued in 2026?

Based on GuruFocus' analysis, Bhansali Engineering Polymers stock appears to be overvalued. The current stock price of ₹98.88 is trading 0.4% above its estimated GF Value™ of ₹98.50. GuruFocus considers Bhansali Engineering Polymers to be Fairly Valued.

Key valuation signals for NSE:BEPL:

  • Gross Margin %: 36.91% (30% above median its 10-year median of 28.47)
  • GF Value™: ₹98.50 vs. price of ₹98.88 (0.4% above fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 58.1% above the Chemicals median (#417 of 1561)

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


Bhansali Engineering Polymers Business Description

Other Exchanges 500052:India
Address C D Barfiwala Road, 301 & 302, 3rd Floor, Peninsula Heights, Andheri (West), Mumbai, MH, IND, 400058
Bhansali Engineering Polymers Ltd operates as an integrated petrochemical company in India. It is engaged in the manufacturing of Acrylonitrile butadiene styrene resins (ABS) and Styrene acrylonitrile resins (SAN). Its ABS resins are used as raw materials for companies dealing in automobiles, home appliances, telecommunications and various other multifaceted applications.
74GF Score

Get the complete analysis for NSE:BEPL

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

₹98.88
Price
₹98.50
GF Value