Focus Lighting and Fixtures (NSE:FOCUS) Gross Margin %: 44.06% (As of Mar. 2026) — 40% Above Median

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NSE:FOCUS Focus Lighting and Fixtures Ltd NSE:FOCUS
89 GF Score
Price ₹70.52
GF Value ₹101.53
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Focus Lighting and Fixtures Gross Margin %?

Focus Lighting and Fixtures NSE:FOCUS -1.59% 89 Gross Margin % is 44.06% as of Mar. 2026, which is 40% above its 10-year median of 31.56. GuruFocus rates NSE:FOCUS with a GF Score™ of 89/100 and a GF Value™ of ₹101.53 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 417 Furnishings, Fixtures & Appliances companies, Focus Lighting and Fixtures ranks better than 80.58% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Focus Lighting and Fixtures's Gross Profit for the six months ended in Mar. 2026 was ₹410 Mil. Focus Lighting and Fixtures's Revenue for the six months ended in Mar. 2026 was ₹931 Mil. Therefore, Focus Lighting and Fixtures's Gross Margin % for the quarter that ended in Mar. 2026 was 44.06%.


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

NSE:FOCUS' s Gross Margin % Range Over the Past 10 Years
Min: 22.37   Med: 31.56   Max: 44.77
Current: 44.62


During the past 13 years, the highest Gross Margin % of Focus Lighting and Fixtures was 44.77%. The lowest was 22.37%. And the median was 31.56%.

NSE:FOCUS's Gross Margin % is ranked better than
80.58% of 417 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 29.49 vs NSE:FOCUS: 44.62

Focus Lighting and Fixtures had a gross margin of 44.06% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Focus Lighting and Fixtures was 11.10% per year.


Focus Lighting and Fixtures  (NSE:FOCUS) 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

Focus Lighting and Fixtures had a gross margin of 44.06% 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.


Focus Lighting and Fixtures Gross Margin % Related Terms


Focus Lighting and Fixtures Gross Margin % Historical Data

* Premium members only.

The historical data trend for Focus Lighting and Fixtures'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.

Focus Lighting and Fixtures Gross Margin % Chart

Focus Lighting and Fixtures 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 31.93 33.17 42.41 44.77 44.62

Focus Lighting and Fixtures Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 39.43 45.05 35.87 45.19 44.06

NSE:FOCUS vs SN, SGI, MHK: Gross Margin % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Focus Lighting and Fixtures'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.


Focus Lighting and Fixtures Gross Margin % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Focus Lighting and Fixtures's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Focus Lighting and Fixtures's Gross Margin % falls into.


NSE:FOCUS
89GF Score
Focus Lighting and Fixtures Ltd NSE:FOCUS
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Focus Lighting and Fixtures Gross Margin % Calculation

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

Focus Lighting and Fixtures'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 )
=817.9 / 1833.312
=(Revenue - Cost of Goods Sold) / Revenue
=(1833.312 - 1015.376) / 1833.312
=44.62 %

Focus Lighting and Fixtures'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 )
=410.3 / 931.106
=(Revenue - Cost of Goods Sold) / Revenue
=(931.106 - 520.849) / 931.106
=44.06 %

* 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 44.06% mean?
Focus Lighting and Fixtures (NSE:FOCUS) has a Gross Margin % of 44.06% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Focus Lighting and Fixtures and its competitors. This is 40% above median its historical median of 31.56. Over the past decade, Focus Lighting and Fixtures' Gross Margin % has ranged from 22.37 to 44.77. According to the industry distribution chart, Focus Lighting and Fixtures ranks #81 out of 417 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 19.4%.
Is Focus Lighting and Fixtures' Gross Margin % too high?
Focus Lighting and Fixtures' current Gross Margin % of 44.06% is 40% above median its 10-year median of 31.56. Over the past 10 years, this metric has ranged from a low of 22.37 to a high of 44.77. The Furnishings, Fixtures & Appliances industry median Gross Margin % is 29.49. Focus Lighting and Fixtures' value of 44.06% is 49.4% above this industry median. Based on the distribution chart, Focus Lighting and Fixtures ranks #81 out of 417 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Focus Lighting and Fixtures has a GF Score™ of 89/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Focus Lighting and Fixtures' Gross Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Focus Lighting and Fixtures ranks #81 out of 417 companies for Gross Margin %. This places Focus Lighting and Fixtures in the top 19% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 29.49. Focus Lighting and Fixtures' value of 44.06% is 49.4% above this benchmark. Historically, Focus Lighting and Fixtures' own Gross Margin % has ranged from 22.37 to 44.77 over the past decade. While the company's 10-year median is 31.56 vs. the industry median of 29.49, Focus Lighting and Fixtures 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 Furnishings, Fixtures & Appliances company?
The median Gross Margin % among Furnishings, Fixtures & Appliances companies is 29.49, based on 417 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. Focus Lighting and Fixtures's current Gross Margin % of 44.06% is 49.4% 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 Focus Lighting and Fixtures and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Gross Margin % is 29.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Focus Lighting and Fixtures's current Gross Margin % is 44.06%, which is 40% above median its own 10-year median of 31.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Focus Lighting and Fixtures stock overvalued right now?
Based on GuruFocus' analysis, Focus Lighting and Fixtures (NSE:FOCUS) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹101.53, compared to a current price of ₹70.52 — trading 30.5% below its estimated fair value. The current Gross Margin % is 44.06%, which is 40% above median its 10-year median of 31.56 and 49.4% above the Furnishings, Fixtures & Appliances industry median of 29.49. Focus Lighting and Fixtures' overall GF Score™ is 89/100 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 Focus Lighting and Fixtures (NSE:FOCUS), the current Gross Margin % is 44.06% 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 Focus Lighting and Fixtures (NSE:FOCUS) Overvalued in 2026?

Based on GuruFocus' analysis, Focus Lighting and Fixtures stock appears to be undervalued. The current stock price of ₹70.52 is trading 30.5% below its estimated GF Value™ of ₹101.53. GuruFocus considers Focus Lighting and Fixtures to be Significantly Undervalued.

Key valuation signals for NSE:FOCUS:

  • Gross Margin %: 44.06% (40% above median its 10-year median of 31.56)
  • GF Value™: ₹101.53 vs. price of ₹70.52 (30.5% below fair value)
  • GF Score™: 89/100 with 4 warning signs
  • Industry Position: 49.4% above the Furnishings, Fixtures & Appliances median (#81 of 417)

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


Focus Lighting and Fixtures Business Description

Address Sonawala Road, Near Udyog Bhavan, 1007-1010, Corporate Avenue Wing A, IndusInd Bank Limited, Goregaon East, Mumbai, MH, IND, 400063
Focus Lighting and Fixtures Ltd provide lighting fixtures. The company has two reportable segments namely trading and manufacturing activities. It generates maximum revenue from the Trading segment. The company products include cabinet lights, lighting systems, pendants, recessed, semi-recessed, surface, track, and trimless.
89GF Score

Get the complete analysis for NSE:FOCUS

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

₹70.52
Price
₹101.53
GF Value