Greaves Cotton (NSE:GREAVESCOT) Gross Margin %: 30.47% (As of Mar. 2026) — Near Median


NSE:GREAVESCOT Greaves Cotton Ltd NSE:GREAVESCOT
78 GF Score
Price ₹226.57
GF Value ₹211.46
Valuation Fairly Valued
! 5 Warning Signs
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What is Greaves Cotton Gross Margin %?

Greaves Cotton NSE:GREAVESCOT -1.93% 78 Gross Margin % is 30.47% as of Mar. 2026, which is 1% below its 10-year median of 30.77. GuruFocus rates NSE:GREAVESCOT with a GF Score™ of 78/100 and a GF Value™ of ₹211.46 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,991 Industrial Products companies, Greaves Cotton ranks better than 65.66% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Greaves Cotton's Gross Profit for the three months ended in Mar. 2026 was ₹3,048 Mil. Greaves Cotton's Revenue for the three months ended in Mar. 2026 was ₹10,003 Mil. Therefore, Greaves Cotton's Gross Margin % for the quarter that ended in Mar. 2026 was 30.47%.


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

NSE:GREAVESCOT' s Gross Margin % Range Over the Past 10 Years
Min: 25.49   Med: 30.77   Max: 34.56
Current: 32.99


During the past 13 years, the highest Gross Margin % of Greaves Cotton was 34.56%. The lowest was 25.49%. And the median was 30.77%.

NSE:GREAVESCOT's Gross Margin % is ranked better than
65.66% of 2991 companies
in the Industrial Products industry
Industry Median: 26.81 vs NSE:GREAVESCOT: 32.99

Greaves Cotton had a gross margin of 30.47% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Greaves Cotton was 5.20% per year.


Greaves Cotton  (NSE:GREAVESCOT) 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

Greaves Cotton had a gross margin of 30.47% 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.


Greaves Cotton Gross Margin % Related Terms


Greaves Cotton Gross Margin % Historical Data

* Premium members only.

The historical data trend for Greaves Cotton'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.

Greaves Cotton Gross Margin % Chart

Greaves Cotton 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 25.49 25.91 29.77 31.90 32.99

Greaves Cotton 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 31.06 35.09 33.84 33.27 30.47

NSE:GREAVESCOT vs GEV, ETN, PH: Gross Margin % Comparison

For the Specialty Industrial Machinery subindustry, Greaves Cotton'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.


Greaves Cotton Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Greaves Cotton's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Greaves Cotton's Gross Margin % falls into.


NSE:GREAVESCOT
78GF Score
Greaves Cotton Ltd NSE:GREAVESCOT
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Greaves Cotton Gross Margin % Calculation

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

Greaves Cotton'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 )
=11335.8 / 34366.2
=(Revenue - Cost of Goods Sold) / Revenue
=(34366.2 - 23030.4) / 34366.2
=32.99 %

Greaves Cotton'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 )
=3048.2 / 10002.5
=(Revenue - Cost of Goods Sold) / Revenue
=(10002.5 - 6954.3) / 10002.5
=30.47 %

* 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 30.47% mean?
Greaves Cotton (NSE:GREAVESCOT) has a Gross Margin % of 30.47% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Greaves Cotton and its competitors. This is near median its historical median of 30.77. Over the past decade, Greaves Cotton's Gross Margin % has ranged from 25.49 to 34.56. According to the industry distribution chart, Greaves Cotton ranks #1027 out of 2991 companies in the Industrial Products industry, placing it in the top 34.3%.
Is Greaves Cotton's Gross Margin % too high?
Greaves Cotton's current Gross Margin % of 30.47% is near median its 10-year median of 30.77. Over the past 10 years, this metric has ranged from a low of 25.49 to a high of 34.56. The Industrial Products industry median Gross Margin % is 26.81. Greaves Cotton's value of 30.47% is 13.7% above this industry median. Based on the distribution chart, Greaves Cotton ranks #1027 out of 2991 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Greaves Cotton has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Greaves Cotton's Gross Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Greaves Cotton ranks #1027 out of 2991 companies for Gross Margin %. This puts Greaves Cotton in the upper half of its industry. The industry median Gross Margin % is 26.81. Greaves Cotton's value of 30.47% is 13.7% above this benchmark. Historically, Greaves Cotton's own Gross Margin % has ranged from 25.49 to 34.56 over the past decade. While the company's 10-year median is 30.77 vs. the industry median of 26.81, Greaves Cotton 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 an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.81, based on 2,991 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. Greaves Cotton's current Gross Margin % of 30.47% is 13.7% 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 Greaves Cotton and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greaves Cotton's current Gross Margin % is 30.47%, which is near median its own 10-year median of 30.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greaves Cotton stock overvalued right now?
Based on GuruFocus' analysis, Greaves Cotton (NSE:GREAVESCOT) is currently considered Fairly Valued. The stock's GF Value™ is ₹211.46, compared to a current price of ₹226.57 — trading 7.1% above its estimated fair value. The current Gross Margin % is 30.47%, which is near median its 10-year median of 30.77 and 13.7% above the Industrial Products industry median of 26.81. Greaves Cotton's overall GF Score™ is 78/100 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 Greaves Cotton (NSE:GREAVESCOT), the current Gross Margin % is 30.47% 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 Greaves Cotton (NSE:GREAVESCOT) Overvalued in 2026?

Based on GuruFocus' analysis, Greaves Cotton stock appears to be overvalued. The current stock price of ₹226.57 is trading 7.1% above its estimated GF Value™ of ₹211.46. GuruFocus considers Greaves Cotton to be Fairly Valued.

Key valuation signals for NSE:GREAVESCOT:

  • Gross Margin %: 30.47% (near median its 10-year median of 30.77)
  • GF Value™: ₹211.46 vs. price of ₹226.57 (7.1% above fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 13.7% above the Industrial Products median (#1027 of 2991)

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


Greaves Cotton Business Description

Other Exchanges 501455:India
Address LBS Marg, Unit No. 1A, 5th Floor, Tower 3, Equinox Business Park, Kurla West, Mumbai, MH, IND, 400070
Greaves Cotton Ltd is a diversified engineering company. It is a manufacturer and marketer of diesel engines, petrol engines, generator sets, pump sets, and construction equipment. Its product is used in automotive, marine, farm, construction, and industrial applications. The company's reportable operating segments include Engines, Electric mobility and other vehicles, Cables & Control Levers, and Others. The majority of its revenue is generated from the Engines segment, which includes the application of engines in farm equipment, gensets, and spares produced by Greaves. Geographically, the company generates maximum revenue from its domestic markets, and also has an overseas presence.
78GF Score

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

₹226.57
Price
₹211.46
GF Value