Foce India (NSE:FOCE) Gross Margin %: 17.31% (As of Sep. 2025) — 131% Above Median


NSE:FOCE Foce India Ltd NSE:FOCE
80 GF Score
Price ₹602.00
GF Value ₹776.06
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Foce India Gross Margin %?

Foce India NSE:FOCE +0.17% 80 Gross Margin % is 17.31% as of Sep. 2025, which is 131% above its 10-year median of 7.50. GuruFocus rates NSE:FOCE with a GF Score™ of 80/100 and a GF Value™ of ₹776.06 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,113 Retail - Cyclical companies, Foce India ranks worse than 82.48% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Foce India's Gross Profit for the six months ended in Sep. 2025 was ₹101 Mil. Foce India's Revenue for the six months ended in Sep. 2025 was ₹586 Mil. Therefore, Foce India's Gross Margin % for the quarter that ended in Sep. 2025 was 17.31%.


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

NSE:FOCE' s Gross Margin % Range Over the Past 10 Years
Min: 5   Med: 7.5   Max: 27.87
Current: 16.59


During the past 7 years, the highest Gross Margin % of Foce India was 27.87%. The lowest was 5.00%. And the median was 7.50%.

NSE:FOCE's Gross Margin % is ranked worse than
82.48% of 1113 companies
in the Retail - Cyclical industry
Industry Median: 36.37 vs NSE:FOCE: 16.59

Foce India had a gross margin of 17.31% for the quarter that ended in Sep. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Foce India was 41.70% per year.


Foce India  (NSE:FOCE) 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

Foce India had a gross margin of 17.31% for the quarter that ended in Sep. 2025 => 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.


Foce India Gross Margin % Related Terms


Foce India Gross Margin % Historical Data

* Premium members only.

The historical data trend for Foce India'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.

Foce India Gross Margin % Chart

Foce India Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Gross Margin %
Get a 7-Day Free Trial 5.24 7.50 23.72 27.87 20.82

Foce India Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.66 25.58 30.81 15.99 17.31

NSE:FOCE vs TPR: Gross Margin % Comparison

For the Luxury Goods subindustry, Foce India'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.


Foce India Gross Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Foce India's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Foce India's Gross Margin % falls into.


NSE:FOCE
80GF Score
Foce India Ltd NSE:FOCE
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Foce India Gross Margin % Calculation

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

Foce India's Gross Margin for the fiscal year that ended in Mar. 2025 is calculated as

Gross Margin % (A: Mar. 2025 )=Gross Profit (A: Mar. 2025 ) / Revenue (A: Mar. 2025 )
=217 / 1042.516
=(Revenue - Cost of Goods Sold) / Revenue
=(1042.516 - 825.499) / 1042.516
=20.82 %

Foce India's Gross Margin for the quarter that ended in Sep. 2025 is calculated as


Gross Margin % (Q: Sep. 2025 )=Gross Profit (Q: Sep. 2025 ) / Revenue (Q: Sep. 2025 )
=101.5 / 586.154
=(Revenue - Cost of Goods Sold) / Revenue
=(586.154 - 484.7) / 586.154
=17.31 %

* 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 17.31% mean?
Foce India (NSE:FOCE) has a Gross Margin % of 17.31% as of Sep. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Foce India and its competitors. This is 131% above median its historical median of 7.50. Over the past decade, Foce India's Gross Margin % has ranged from 5.00 to 27.87. According to the industry distribution chart, Foce India ranks #918 out of 1113 companies in the Retail - Cyclical industry, placing it in the top 82.5%.
Is Foce India's Gross Margin % too high?
Foce India's current Gross Margin % of 17.31% is 131% above median its 10-year median of 7.50. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 27.87. The Retail - Cyclical industry median Gross Margin % is 36.37. Foce India's value of 17.31% is 52.4% below this industry median. Based on the distribution chart, Foce India ranks #918 out of 1113 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Foce India has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Foce India's Gross Margin % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Foce India ranks #918 out of 1113 companies for Gross Margin %. This places Foce India in the lower half of its industry. The industry median Gross Margin % is 36.37. Foce India's value of 17.31% is 52.4% below this benchmark. Historically, Foce India's own Gross Margin % has ranged from 5.00 to 27.87 over the past decade. While the company's 10-year median is 7.50 vs. the industry median of 36.37, Foce India 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 Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.37, based on 1,113 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. Foce India's current Gross Margin % of 17.31% is 52.4% 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 Foce India and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Foce India's current Gross Margin % is 17.31%, which is 131% above median its own 10-year median of 7.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Foce India stock overvalued right now?
Based on GuruFocus' analysis, Foce India (NSE:FOCE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹776.06, compared to a current price of ₹602.00 — trading 22.4% below its estimated fair value. The current Gross Margin % is 17.31%, which is 131% above median its 10-year median of 7.50 and 52.4% below the Retail - Cyclical industry median of 36.37. Foce India's overall GF Score™ is 80/100 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 Foce India (NSE:FOCE), the current Gross Margin % is 17.31% as of Sep. 2025. 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 Foce India (NSE:FOCE) Overvalued in 2026?

Based on GuruFocus' analysis, Foce India stock appears to be undervalued. The current stock price of ₹602.00 is trading 22.4% below its estimated GF Value™ of ₹776.06. GuruFocus considers Foce India to be Modestly Undervalued.

Key valuation signals for NSE:FOCE:

  • Gross Margin %: 17.31% (131% above median its 10-year median of 7.50)
  • GF Value™: ₹776.06 vs. price of ₹602.00 (22.4% below fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 52.4% below the Retail - Cyclical median (#918 of 1113)

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


Foce India Business Description

Address Shastri Nagar, 4, Kingston, Lokhandwala Complex, Andheri West, Mumbai, MH, IND, 400053
Foce India Ltd manufactures and imports wrist watches under various brand names. It mainly focuses on offering watches in the mid-range segment with distribution of many retail stores across the country, with an imposing list of clientele in the corporate segment. The company's product portfolio comprises analog watches, automatic watches, multifunction watches, and sunglasses across metal, silicon, and leather categories. The group's operating business segments are: Trading Activities and Renting of Immovable Property. Geographically, it operates only in India.
80GF Score

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

₹602.00
Price
₹776.06
GF Value