Esprit Stones (NSE:ESPRIT) Gross Margin %: 56.52% (As of Mar. 2026) — 62% Above Median


NSE:ESPRIT Esprit Stones Ltd NSE:ESPRIT
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What is Esprit Stones Gross Margin %?

Esprit Stones NSE:ESPRIT +1.57% 30 Gross Margin % is 56.52% as of Mar. 2026, which is 62% above its 10-year median of 34.99. GuruFocus rates NSE:ESPRIT with a GF Score™ of 30/100. The stock has 6 warning signs investors should review. Among 396 Building Materials companies, Esprit Stones ranks better than 83.84% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Esprit Stones's Gross Profit for the six months ended in Mar. 2026 was ₹415 Mil. Esprit Stones's Revenue for the six months ended in Mar. 2026 was ₹733 Mil. Therefore, Esprit Stones's Gross Margin % for the quarter that ended in Mar. 2026 was 56.52%.


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

NSE:ESPRIT' s Gross Margin % Range Over the Past 10 Years
Min: 28.75   Med: 34.99   Max: 47.33
Current: 47.33


During the past 6 years, the highest Gross Margin % of Esprit Stones was 47.33%. The lowest was 28.75%. And the median was 34.99%.

NSE:ESPRIT's Gross Margin % is ranked better than
83.84% of 396 companies
in the Building Materials industry
Industry Median: 26.155 vs NSE:ESPRIT: 47.33

Esprit Stones had a gross margin of 56.52% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Esprit Stones was 5.10% per year.


Esprit Stones  (NSE:ESPRIT) 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

Esprit Stones had a gross margin of 56.52% for the quarter that ended in Mar. 2026 => Durable 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.


Esprit Stones Gross Margin % Related Terms


Esprit Stones Gross Margin % Historical Data

* Premium members only.

The historical data trend for Esprit Stones'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.

Esprit Stones Gross Margin % Chart

Esprit Stones Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial 31.57 29.42 28.75 40.06 47.33

Esprit Stones Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only 29.19 38.35 41.78 40.53 56.52

NSE:ESPRIT vs CRH, VMC, MLM: Gross Margin % Comparison

For the Building Materials subindustry, Esprit Stones'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.


Esprit Stones Gross Margin % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Esprit Stones's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Esprit Stones's Gross Margin % falls into.


NSE:ESPRIT
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Esprit Stones Ltd NSE:ESPRIT
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Esprit Stones Gross Margin % Calculation

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

Esprit Stones'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 )
=816.6 / 1725.29
=(Revenue - Cost of Goods Sold) / Revenue
=(1725.29 - 908.724) / 1725.29
=47.33 %

Esprit Stones'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 )
=414.5 / 733.383
=(Revenue - Cost of Goods Sold) / Revenue
=(733.383 - 318.839) / 733.383
=56.52 %

* 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 56.52% mean?
Esprit Stones (NSE:ESPRIT) has a Gross Margin % of 56.52% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Esprit Stones and its competitors. This is 62% above median its historical median of 34.99. Over the past decade, Esprit Stones' Gross Margin % has ranged from 28.75 to 47.33. According to the industry distribution chart, Esprit Stones ranks #64 out of 396 companies in the Building Materials industry, placing it in the top 16.2%.
Is Esprit Stones' Gross Margin % too high?
Esprit Stones' current Gross Margin % of 56.52% is 62% above median its 10-year median of 34.99. Over the past 10 years, this metric has ranged from a low of 28.75 to a high of 47.33. The Building Materials industry median Gross Margin % is 26.16. Esprit Stones' value of 56.52% is 116.1% above this industry median. Based on the distribution chart, Esprit Stones ranks #64 out of 396 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Esprit Stones has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Esprit Stones' Gross Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Esprit Stones ranks #64 out of 396 companies for Gross Margin %. This places Esprit Stones in the top 16% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.16. Esprit Stones' value of 56.52% is 116.1% above this benchmark. Historically, Esprit Stones' own Gross Margin % has ranged from 28.75 to 47.33 over the past decade. While the company's 10-year median is 34.99 vs. the industry median of 26.16, Esprit Stones 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 Building Materials company?
The median Gross Margin % among Building Materials companies is 26.16, based on 396 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. Esprit Stones's current Gross Margin % of 56.52% is 116.1% 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 Esprit Stones and its competitors. For the Building Materials industry, the median Gross Margin % is 26.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Esprit Stones's current Gross Margin % is 56.52%, which is 62% above median its own 10-year median of 34.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Esprit Stones stock overvalued right now?
Esprit Stones (NSE:ESPRIT) has a current Gross Margin % of 56.52%. The current Gross Margin % is 56.52%, which is 62% above median its 10-year median of 34.99 and 116.1% above the Building Materials industry median of 26.16. Esprit Stones' overall GF Score™ is 30/100 with 6 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 Esprit Stones (NSE:ESPRIT), the current Gross Margin % is 56.52% 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.

Esprit Stones Business Description

Address Lakhawali, Khasra No. 1106 - 1109, Revenue Village Bhilwada, Udaipur, RJ, IND, 313001
Esprit Stones Ltd is engaged in the manufacturing of engineered stones such as engineered quartz and marble. The products of the company are used for vanities & bathroom surfaces, kitchen countertops, floors, and wall cladding furniture, and other interior surfaces used in various residential and non-residential applications. The company has two segments: Engineered Stones and Unsaturated Polyester Resin. The key revenue of the company is generated from Engineered Stones.
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