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Gretex IndustriesNSE:GRETEX 57 Gross Margin % is 10.39% as of Mar. 2026, which is 4% above its 10-year median of 10.01. GuruFocus rates NSE:GRETEX with a GF Score™ of 57/100 and a GF Value™ of ₹91.03 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 792 Travel & Leisure companies, Gretex Industries ranks worse than 93.56% on this metric.
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
Gretex Industries had a gross margin of 10.39% for the quarter that ended in Mar. 2026 => 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.
Gretex Industries Gross Margin % Related Terms
Gretex Industries Gross Margin % Historical Data
* Premium members only.
The historical data trend for Gretex 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:GRETEX vs AS, HAS, LTH: Gross Margin % Comparison
For the Leisure subindustry, Gretex 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.
Gretex Industries Gross Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Gretex Industries's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Gretex 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.
Gretex Industries (NSE:GRETEX) has a Gross Margin % of 10.39% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Gretex Industries and its competitors. This is near median its historical median of 10.01. Over the past decade, Gretex Industries' Gross Margin % has ranged from 2.07 to 18.29. According to the industry distribution chart, Gretex Industries ranks #741 out of 792 companies in the Travel & Leisure industry, placing it in the top 93.6%.
Is Gretex Industries' Gross Margin % too high?
Gretex Industries' current Gross Margin % of 10.39% is near median its 10-year median of 10.01. Over the past 10 years, this metric has ranged from a low of 2.07 to a high of 18.29. The Travel & Leisure industry median Gross Margin % is 43.50. Gretex Industries' value of 10.39% is 76.1% below this industry median. Based on the distribution chart, Gretex Industries ranks #741 out of 792 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Gretex Industries has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gretex Industries' Gross Margin % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Gretex Industries ranks #741 out of 792 companies for Gross Margin %. This places Gretex Industries in the lower half of its industry. The industry median Gross Margin % is 43.50. Gretex Industries' value of 10.39% is 76.1% below this benchmark. Historically, Gretex Industries' own Gross Margin % has ranged from 2.07 to 18.29 over the past decade. While the company's 10-year median is 10.01 vs. the industry median of 43.50, Gretex Industries 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 Travel & Leisure company?
The median Gross Margin % among Travel & Leisure companies is 43.50, based on 792 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. Gretex Industries's current Gross Margin % of 10.39% is 76.1% 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 Gretex Industries and its competitors. For the Travel & Leisure industry, the median Gross Margin % is 43.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gretex Industries's current Gross Margin % is 10.39%, which is near median its own 10-year median of 10.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gretex Industries stock overvalued right now?
Based on GuruFocus' analysis, Gretex Industries (NSE:GRETEX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹91.03, compared to a current price of ₹304.00 — trading 234% above its estimated fair value. The current Gross Margin % is 10.39%, which is near median its 10-year median of 10.01 and 76.1% below the Travel & Leisure industry median of 43.50. Gretex Industries' overall GF Score™ is 57/100 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 Gretex Industries (NSE:GRETEX), the current Gross Margin % is 10.39% 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 Gretex Industries (NSE:GRETEX) Overvalued in 2026?
Based on GuruFocus' analysis, Gretex Industries stock appears to be overvalued.
The current stock price of ₹304.00 is trading 234% above its estimated GF Value™ of ₹91.03.
GuruFocus considers Gretex Industries to be Significantly Overvalued.
Key valuation signals for NSE:GRETEX:
Gross Margin %: 10.39% (near median its 10-year median of 10.01)
GF Value™: ₹91.03 vs. price of ₹304.00 (234% above fair value)
Industry Position: 76.1% below the Travel & Leisure median (#741 of 792)
No single metric tells the full story. See the NSE:GRETEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gretex Industries Ltd is engaged in the trading of musical instruments. The company's range of musical instruments includes; guitars, electronic keyboards, Harmoniums, violins, drums, Music stands, mats, sound systems and other percussion instruments. It also deals in equipment like microphones, headphones, amplifiers, studio monitor speakers, loudspeakers, mixers, and all types of accessories for pro audio and recording. The company is a distributor of brands like Yamaha, Daddario, Duralin, and among others.
57GF Score
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