Greenlam IndustriesNSE:GREENLAM -3.51%93 Gross Margin % is 51.55% as of Mar. 2026, which is 12% above its 10-year median of 46.15. GuruFocus rates NSE:GREENLAM with a GF Score™ of 93/100 and a GF Value™ of ₹347.79 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 415 Furnishings, Fixtures & Appliances companies, Greenlam Industries ranks better than 90.84% on this metric.
The historical rank and industry rank for Greenlam Industries's Gross Margin % or its related term are showing as below:
NSE:GREENLAM'
s Gross Margin % Range Over the Past 10 Years
Min: 41.95 Med: 46.15 Max: 53.62
Current: 53.62
During the past 13 years, the highestGross Margin % of Greenlam Industries was 53.62%. The lowest was 41.95%. And the median was 46.15%.
NSE:GREENLAM's Gross Margin % is ranked better than 90.84% of 415
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 29.36
vs NSE:GREENLAM: 53.62
Greenlam Industries had a gross margin of 51.55% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Greenlam Industries was 3.10% 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
Greenlam Industries had a gross margin of 51.55% 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.
Greenlam Industries Gross Margin % Related Terms
Greenlam Industries Gross Margin % Historical Data
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The historical data trend for Greenlam 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:GREENLAM vs SN, SGI, MHK: Gross Margin % Comparison
For the Furnishings, Fixtures & Appliances subindustry, Greenlam 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.
Greenlam Industries Gross Margin % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Greenlam Industries's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Greenlam 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.
Greenlam Industries (NSE:GREENLAM) has a Gross Margin % of 51.55% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Greenlam Industries and its competitors. This is 12% above median its historical median of 46.15. Over the past decade, Greenlam Industries' Gross Margin % has ranged from 41.95 to 53.62. According to the industry distribution chart, Greenlam Industries ranks #38 out of 415 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 9.2%.
Is Greenlam Industries' Gross Margin % too high?
Greenlam Industries' current Gross Margin % of 51.55% is 12% above median its 10-year median of 46.15. Over the past 10 years, this metric has ranged from a low of 41.95 to a high of 53.62. The Furnishings, Fixtures & Appliances industry median Gross Margin % is 29.36. Greenlam Industries' value of 51.55% is 75.6% above this industry median. Based on the distribution chart, Greenlam Industries ranks #38 out of 415 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Greenlam Industries has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Greenlam Industries' Gross Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Greenlam Industries ranks #38 out of 415 companies for Gross Margin %. This places Greenlam Industries in the top 9% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 29.36. Greenlam Industries' value of 51.55% is 75.6% above this benchmark. Historically, Greenlam Industries' own Gross Margin % has ranged from 41.95 to 53.62 over the past decade. While the company's 10-year median is 46.15 vs. the industry median of 29.36, Greenlam 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 Furnishings, Fixtures & Appliances company?
The median Gross Margin % among Furnishings, Fixtures & Appliances companies is 29.36, based on 415 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. Greenlam Industries's current Gross Margin % of 51.55% is 75.6% 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 Greenlam Industries and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Gross Margin % is 29.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greenlam Industries's current Gross Margin % is 51.55%, which is 12% above median its own 10-year median of 46.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenlam Industries stock overvalued right now?
Based on GuruFocus' analysis, Greenlam Industries (NSE:GREENLAM) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹347.79, compared to a current price of ₹249.95 — trading 28.1% below its estimated fair value. The current Gross Margin % is 51.55%, which is 12% above median its 10-year median of 46.15 and 75.6% above the Furnishings, Fixtures & Appliances industry median of 29.36. Greenlam Industries' overall GF Score™ is 93/100 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 Greenlam Industries (NSE:GREENLAM), the current Gross Margin % is 51.55% 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 Greenlam Industries (NSE:GREENLAM) Overvalued in 2026?
Based on GuruFocus' analysis, Greenlam Industries stock appears to be undervalued.
The current stock price of ₹249.95 is trading 28.1% below its estimated GF Value™ of ₹347.79.
GuruFocus considers Greenlam Industries to be Modestly Undervalued.
Key valuation signals for NSE:GREENLAM:
Gross Margin %: 51.55% (12% above median its 10-year median of 46.15)
GF Value™: ₹347.79 vs. price of ₹249.95 (28.1% below fair value)
Industry Position: 75.6% above the Furnishings, Fixtures & Appliances median (#38 of 415)
No single metric tells the full story. See the NSE:GREENLAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Greenlam Industries Ltd d in the business of manufacturing laminates, decorative veneers, engineered wooden Flooring and Doors, and Plywood and allied products through its factories. The firm offers its products under the Greenlam Laminates, Greenlam Clads, NewMika Laminates, NewMika FX, Mikasa Decowood Veneers, and Other brand names. The operating segments of the company are Laminate and Allied products, Veneer and Allied products, and Plywood and Allied products. It generates the majority of its revenue from the Laminate and Allied products segment, which is engaged in the business of manufacturing Laminates and compact laminates. Geographically, the group has a business presence in India and Outside India, of which a majority of its revenue is derived from India.
93GF Score
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