Expleo Solutions (NSE:EXPLEOSOL) Gross Margin %: 34.32% (As of Mar. 2026) — 18% Below Median


NSE:EXPLEOSOL Expleo Solutions Ltd NSE:EXPLEOSOL
87 GF Score
Price ₹826.40
GF Value ₹1,283.54
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Expleo Solutions Gross Margin %?

Expleo Solutions NSE:EXPLEOSOL +0.01% 87 Gross Margin % is 34.32% as of Mar. 2026, which is 18% below its 10-year median of 41.60. GuruFocus rates NSE:EXPLEOSOL with a GF Score™ of 87/100 and a GF Value™ of ₹1,283.54 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,685 Software companies, Expleo Solutions ranks worse than 54.86% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Expleo Solutions's Gross Profit for the three months ended in Mar. 2026 was ₹983 Mil. Expleo Solutions's Revenue for the three months ended in Mar. 2026 was ₹2,863 Mil. Therefore, Expleo Solutions's Gross Margin % for the quarter that ended in Mar. 2026 was 34.32%.

Warning Sign:

Expleo Solutions Ltd gross margin has been in long-term decline. The average rate of decline per year is -6.9%.


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

NSE:EXPLEOSOL' s Gross Margin % Range Over the Past 10 Years
Min: 32.12   Med: 41.6   Max: 51.08
Current: 36.4


During the past 13 years, the highest Gross Margin % of Expleo Solutions was 51.08%. The lowest was 32.12%. And the median was 41.60%.

NSE:EXPLEOSOL's Gross Margin % is ranked worse than
54.86% of 2685 companies
in the Software industry
Industry Median: 40.45 vs NSE:EXPLEOSOL: 36.40

Expleo Solutions had a gross margin of 34.32% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Expleo Solutions was -6.90% per year.


Expleo Solutions  (NSE:EXPLEOSOL) 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

Expleo Solutions had a gross margin of 34.32% 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.


Expleo Solutions Gross Margin % Related Terms


Expleo Solutions Gross Margin % Historical Data

* Premium members only.

The historical data trend for Expleo Solutions'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.

Expleo Solutions Gross Margin % Chart

Expleo Solutions 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 50.25 49.19 43.24 39.96 36.40

Expleo Solutions 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 36.44 35.93 37.12 38.24 34.32

NSE:EXPLEOSOL vs IBM, ACN, FISV: Gross Margin % Comparison

For the Information Technology Services subindustry, Expleo Solutions'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.


Expleo Solutions Gross Margin % vs Software Industry

For the Software industry and Technology sector, Expleo Solutions's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Expleo Solutions's Gross Margin % falls into.


NSE:EXPLEOSOL
87GF Score
Expleo Solutions Ltd NSE:EXPLEOSOL
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Expleo Solutions Gross Margin % Calculation

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

Expleo Solutions'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 )
=4033.3 / 11079.63
=(Revenue - Cost of Goods Sold) / Revenue
=(11079.63 - 7046.38) / 11079.63
=36.40 %

Expleo Solutions'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 )
=982.6 / 2862.75
=(Revenue - Cost of Goods Sold) / Revenue
=(2862.75 - 1880.16) / 2862.75
=34.32 %

* 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 34.32% mean?
Expleo Solutions (NSE:EXPLEOSOL) has a Gross Margin % of 34.32% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Expleo Solutions and its competitors. This is 18% below median its historical median of 41.60. Over the past decade, Expleo Solutions' Gross Margin % has ranged from 32.12 to 51.08. According to the industry distribution chart, Expleo Solutions ranks #1473 out of 2685 companies in the Software industry, placing it in the top 54.9%.
Is Expleo Solutions' Gross Margin % too high?
Expleo Solutions' current Gross Margin % of 34.32% is 18% below median its 10-year median of 41.60. Over the past 10 years, this metric has ranged from a low of 32.12 to a high of 51.08. The Software industry median Gross Margin % is 40.45. Expleo Solutions' value of 34.32% is 15.2% below this industry median. Based on the distribution chart, Expleo Solutions ranks #1473 out of 2685 companies in the Software industry, which is below the industry midpoint. Overall, Expleo Solutions has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Expleo Solutions' Gross Margin % compare to IBM and ACN?
According to the Software industry distribution chart, Expleo Solutions ranks #1473 out of 2685 companies for Gross Margin %. This places Expleo Solutions in the lower half of its industry. The industry median Gross Margin % is 40.45. Expleo Solutions' value of 34.32% is 15.2% below this benchmark. Historically, Expleo Solutions' own Gross Margin % has ranged from 32.12 to 51.08 over the past decade. While the company's 10-year median is 41.60 vs. the industry median of 40.45, Expleo Solutions 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 Software company?
The median Gross Margin % among Software companies is 40.45, based on 2,685 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. Expleo Solutions's current Gross Margin % of 34.32% is 15.2% 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 Expleo Solutions and its competitors. For the Software industry, the median Gross Margin % is 40.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Expleo Solutions's current Gross Margin % is 34.32%, which is 18% below median its own 10-year median of 41.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Expleo Solutions stock overvalued right now?
Based on GuruFocus' analysis, Expleo Solutions (NSE:EXPLEOSOL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,283.54, compared to a current price of ₹826.40 — trading 35.6% below its estimated fair value. The current Gross Margin % is 34.32%, which is 18% below median its 10-year median of 41.60 and 15.2% below the Software industry median of 40.45. Expleo Solutions' overall GF Score™ is 87/100 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 Expleo Solutions (NSE:EXPLEOSOL), the current Gross Margin % is 34.32% 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 Expleo Solutions (NSE:EXPLEOSOL) Overvalued in 2026?

Based on GuruFocus' analysis, Expleo Solutions stock appears to be undervalued. The current stock price of ₹826.40 is trading 35.6% below its estimated GF Value™ of ₹1,283.54. GuruFocus considers Expleo Solutions to be Significantly Undervalued.

Key valuation signals for NSE:EXPLEOSOL:

  • Gross Margin %: 34.32% (18% below median its 10-year median of 41.60)
  • GF Value™: ₹1,283.54 vs. price of ₹826.40 (35.6% below fair value)
  • GF Score™: 87/100 with 3 warning signs
  • Industry Position: 15.2% below the Software median (#1473 of 2685)

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


Expleo Solutions Business Description

Other Exchanges 533121:India
Address 6A, Sixth Floor, Prince Infocity II, Number 283/3 and 283/4, Rajiv Gandhi Salai (OMR), Kandanchavadi, Chennai, TN, IND, 600096
Expleo Solutions Ltd is an India-based holding company. It is engaged in providing software testing services. The company delivers software validation and verification services to the banking and financial services industry around the world. It offers its services to various industries, including banking, finance, and insurance; energy and utilities; automotive and manufacturing; retail and logistics, and telecommunications. The services offered by the company consist of Management Consultancy, Quality Management, Technical Testing Services and Training services.
87GF Score

Get the complete analysis for NSE:EXPLEOSOL

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

₹826.40
Price
₹1,283.54
GF Value