Grasim IndustriesNSE:GRASIM -1.48%88 Gross Margin % is 45.38% as of Mar. 2026, which is 0% above its 10-year median of 45.21. GuruFocus rates NSE:GRASIM with a GF Score™ of 88/100 and a GF Value™ of ₹2,975.24 (Fairly Valued). The stock has 7 warning signs investors should review. Among 395 Building Materials companies, Grasim Industries ranks better than 83.04% on this metric.
The historical rank and industry rank for Grasim Industries's Gross Margin % or its related term are showing as below:
NSE:GRASIM'
s Gross Margin % Range Over the Past 10 Years
Min: 42.22 Med: 45.21 Max: 50.08
Current: 45.21
During the past 13 years, the highestGross Margin % of Grasim Industries was 50.08%. The lowest was 42.22%. And the median was 45.21%.
NSE:GRASIM's Gross Margin % is ranked better than 83.04% of 395
companies
in the Building Materials industry
Industry Median: 26.18
vs NSE:GRASIM: 45.21
Grasim Industries had a gross margin of 45.38% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Grasim Industries was -1.00% per year.
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
Grasim Industries had a gross margin of 45.38% 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.
Grasim Industries Gross Margin % Related Terms
Grasim Industries Gross Margin % Historical Data
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The historical data trend for Grasim Industries'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.
NSE:GRASIM vs CRH, VMC, MLM: Gross Margin % Comparison
For the Building Materials subindustry, Grasim Industries'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.
Grasim Industries Gross Margin % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Grasim Industries's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Grasim Industries's Gross Margin % falls into.
* 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.
Grasim Industries (NSE:GRASIM) has a Gross Margin % of 45.38% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Grasim Industries and its competitors. This is near median its historical median of 45.21. Over the past decade, Grasim Industries' Gross Margin % has ranged from 42.22 to 50.08. According to the industry distribution chart, Grasim Industries ranks #67 out of 395 companies in the Building Materials industry, placing it in the top 17%.
Is Grasim Industries' Gross Margin % too high?
Grasim Industries' current Gross Margin % of 45.38% is near median its 10-year median of 45.21. Over the past 10 years, this metric has ranged from a low of 42.22 to a high of 50.08. The Building Materials industry median Gross Margin % is 26.18. Grasim Industries' value of 45.38% is 73.3% above this industry median. Based on the distribution chart, Grasim Industries ranks #67 out of 395 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Grasim Industries has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Grasim Industries' Gross Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Grasim Industries ranks #67 out of 395 companies for Gross Margin %. This places Grasim Industries in the top 17% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.18. Grasim Industries' value of 45.38% is 73.3% above this benchmark. Historically, Grasim Industries' own Gross Margin % has ranged from 42.22 to 50.08 over the past decade. While the company's 10-year median is 45.21 vs. the industry median of 26.18, Grasim Industries 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 26.18, based on 395 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. Grasim Industries's current Gross Margin % of 45.38% is 73.3% 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 Grasim Industries and its competitors. For the Building Materials industry, the median Gross Margin % is 26.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grasim Industries's current Gross Margin % is 45.38%, which is near median its own 10-year median of 45.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grasim Industries stock overvalued right now?
Based on GuruFocus' analysis, Grasim Industries (NSE:GRASIM) is currently considered Fairly Valued. The stock's GF Value™ is ₹2,975.24, compared to a current price of ₹3,080.20 — trading 3.5% above its estimated fair value. The current Gross Margin % is 45.38%, which is near median its 10-year median of 45.21 and 73.3% above the Building Materials industry median of 26.18. Grasim Industries' overall GF Score™ is 88/100 with 7 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 Grasim Industries (NSE:GRASIM), the current Gross Margin % is 45.38% 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 Grasim Industries (NSE:GRASIM) Overvalued in 2026?
Based on GuruFocus' analysis, Grasim Industries stock appears to be overvalued.
The current stock price of ₹3,080.20 is trading 3.5% above its estimated GF Value™ of ₹2,975.24.
GuruFocus considers Grasim Industries to be Fairly Valued.
Key valuation signals for NSE:GRASIM:
Gross Margin %: 45.38% (near median its 10-year median of 45.21)
GF Value™: ₹2,975.24 vs. price of ₹3,080.20 (3.5% above fair value)
Industry Position: 73.3% above the Building Materials median (#67 of 395)
No single metric tells the full story. See the NSE:GRASIM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grasim Industries Ltd is a cement and viscose staple fibre (VSF) manufacturing firm based in India. The activities of the group fall under the operating segments of Cellulosic Fibres, Chemicals, Building materials, Financial Services, and Others. It derives key revenue from the Building materials segment which covers products like grey cement, paints, white cement, and allied products. Geographically, the company derives a majority of its revenue from the domestic market and the rest from other countries through exports.
88GF Score
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