Exxaro Tiles (NSE:EXXARO) Gross Margin %: 17.36% (As of Mar. 2026) — 34% Below Median


NSE:EXXARO Exxaro Tiles Ltd NSE:EXXARO
69 GF Score
Price ₹6.55
GF Value ₹8.20
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Exxaro Tiles Gross Margin %?

Exxaro Tiles NSE:EXXARO -0.46% 69 Gross Margin % is 17.36% as of Mar. 2026, which is 34% below its 10-year median of 26.41. GuruFocus rates NSE:EXXARO with a GF Score™ of 69/100 and a GF Value™ of ₹8.20 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,722 Construction companies, Exxaro Tiles ranks better than 59.76% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Exxaro Tiles's Gross Profit for the three months ended in Mar. 2026 was ₹173 Mil. Exxaro Tiles's Revenue for the three months ended in Mar. 2026 was ₹999 Mil. Therefore, Exxaro Tiles's Gross Margin % for the quarter that ended in Mar. 2026 was 17.36%.

Warning Sign:

Exxaro Tiles Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.7%.


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

NSE:EXXARO' s Gross Margin % Range Over the Past 10 Years
Min: 22.18   Med: 26.41   Max: 35.73
Current: 25.38


During the past 8 years, the highest Gross Margin % of Exxaro Tiles was 35.73%. The lowest was 22.18%. And the median was 26.41%.

NSE:EXXARO's Gross Margin % is ranked better than
59.76% of 1722 companies
in the Construction industry
Industry Median: 20.715 vs NSE:EXXARO: 25.38

Exxaro Tiles had a gross margin of 17.36% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Exxaro Tiles was -2.70% per year.


Exxaro Tiles  (NSE:EXXARO) 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

Exxaro Tiles had a gross margin of 17.36% for the quarter that ended in Mar. 2026 => No sustainable 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.


Exxaro Tiles Gross Margin % Related Terms


Exxaro Tiles Gross Margin % Historical Data

* Premium members only.

The historical data trend for Exxaro Tiles'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.

Exxaro Tiles Gross Margin % Chart

Exxaro Tiles Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial 24.54 24.35 22.18 27.43 25.38

Exxaro Tiles 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 26.11 30.35 30.55 27.09 17.36

NSE:EXXARO vs TT, JCI, CARR: Gross Margin % Comparison

For the Building Products & Equipment subindustry, Exxaro Tiles'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.


Exxaro Tiles Gross Margin % vs Construction Industry

For the Construction industry and Industrials sector, Exxaro Tiles's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Exxaro Tiles's Gross Margin % falls into.


NSE:EXXARO
69GF Score
Exxaro Tiles Ltd NSE:EXXARO
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Exxaro Tiles Gross Margin % Calculation

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

Exxaro Tiles'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 )
=773.9 / 3049.03
=(Revenue - Cost of Goods Sold) / Revenue
=(3049.03 - 2275.169) / 3049.03
=25.38 %

Exxaro Tiles'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 )
=173.4 / 999.046
=(Revenue - Cost of Goods Sold) / Revenue
=(999.046 - 825.605) / 999.046
=17.36 %

* 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 17.36% mean?
Exxaro Tiles (NSE:EXXARO) has a Gross Margin % of 17.36% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Exxaro Tiles and its competitors. This is 34% below median its historical median of 26.41. Over the past decade, Exxaro Tiles' Gross Margin % has ranged from 22.18 to 35.73. According to the industry distribution chart, Exxaro Tiles ranks #693 out of 1722 companies in the Construction industry, placing it in the top 40.2%.
Is Exxaro Tiles' Gross Margin % too high?
Exxaro Tiles' current Gross Margin % of 17.36% is 34% below median its 10-year median of 26.41. Over the past 10 years, this metric has ranged from a low of 22.18 to a high of 35.73. The Construction industry median Gross Margin % is 20.72. Exxaro Tiles' value of 17.36% is 16.2% below this industry median. Based on the distribution chart, Exxaro Tiles ranks #693 out of 1722 companies in the Construction industry, which is above the industry midpoint. Overall, Exxaro Tiles has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Exxaro Tiles' Gross Margin % compare to TT and JCI?
According to the Construction industry distribution chart, Exxaro Tiles ranks #693 out of 1722 companies for Gross Margin %. This puts Exxaro Tiles in the upper half of its industry. The industry median Gross Margin % is 20.72. Exxaro Tiles' value of 17.36% is 16.2% below this benchmark. Historically, Exxaro Tiles' own Gross Margin % has ranged from 22.18 to 35.73 over the past decade. While the company's 10-year median is 26.41 vs. the industry median of 20.72, Exxaro Tiles 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 Construction company?
The median Gross Margin % among Construction companies is 20.72, based on 1,722 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. Exxaro Tiles's current Gross Margin % of 17.36% is 16.2% 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 Exxaro Tiles and its competitors. For the Construction industry, the median Gross Margin % is 20.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Exxaro Tiles's current Gross Margin % is 17.36%, which is 34% below median its own 10-year median of 26.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exxaro Tiles stock overvalued right now?
Based on GuruFocus' analysis, Exxaro Tiles (NSE:EXXARO) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹8.20, compared to a current price of ₹6.55 — trading 20.1% below its estimated fair value. The current Gross Margin % is 17.36%, which is 34% below median its 10-year median of 26.41 and 16.2% below the Construction industry median of 20.72. Exxaro Tiles' overall GF Score™ is 69/100 with 5 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 Exxaro Tiles (NSE:EXXARO), the current Gross Margin % is 17.36% 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 Exxaro Tiles (NSE:EXXARO) Overvalued in 2026?

Based on GuruFocus' analysis, Exxaro Tiles stock appears to be undervalued. The current stock price of ₹6.55 is trading 20.1% below its estimated GF Value™ of ₹8.20. GuruFocus considers Exxaro Tiles to be Modestly Undervalued.

Key valuation signals for NSE:EXXARO:

  • Gross Margin %: 17.36% (34% below median its 10-year median of 26.41)
  • GF Value™: ₹8.20 vs. price of ₹6.55 (20.1% below fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 16.2% below the Construction median (#693 of 1722)

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


Exxaro Tiles Business Description

Other Exchanges 543327:India
Address Nr. BSNL Office, Jagatpur Chenpur Road, S. G. Highway, D Block, 12th Floor, Ganesh Glory 11, Jagatpur, Ahmedabad, GJ, IND, 382 470
Exxaro Tiles Ltd is engaged in one business segment which includes Manufacturing and Trading of refractory ceramic products. The company supplies its products to large infrastructure projects such as residential, educational, commercial, hotels, hospitals, government, builders or developers, religious institutions, etc. The company geographically generates the majority of its revenue from India.
69GF Score

Get the complete analysis for NSE:EXXARO

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

₹6.55
Price
₹8.20
GF Value