Heads UP Ventures (NSE:HEADSUP) Gross Margin %: -106.41% (As of Mar. 2026)


NSE:HEADSUP Heads UP Ventures Ltd NSE:HEADSUP
68 GF Score
Price ₹6.87
GF Value ₹349.74
Valuation Possible Value Trap
! 2 Warning Signs
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What is Heads UP Ventures Gross Margin %?

Heads UP Ventures NSE:HEADSUP -0.87% 68 Gross Margin % is -106.41% as of Mar. 2026. GuruFocus rates NSE:HEADSUP with a GF Score™ of 68/100 and a GF Value™ of ₹349.74 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,112 Retail - Cyclical companies, Heads UP Ventures ranks worse than 99.37% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Heads UP Ventures's Gross Profit for the three months ended in Mar. 2026 was ₹-29.8 Mil. Heads UP Ventures's Revenue for the three months ended in Mar. 2026 was ₹28.0 Mil. Therefore, Heads UP Ventures's Gross Margin % for the quarter that ended in Mar. 2026 was -106.41%.


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

NSE:HEADSUP' s Gross Margin % Range Over the Past 10 Years
Min: -134.67   Med: 16.31   Max: 59.67
Current: -1.78


During the past 13 years, the highest Gross Margin % of Heads UP Ventures was 59.67%. The lowest was -134.67%. And the median was 16.31%.

NSE:HEADSUP's Gross Margin % is ranked worse than
99.37% of 1112 companies
in the Retail - Cyclical industry
Industry Median: 36.24 vs NSE:HEADSUP: -1.78

Heads UP Ventures had a gross margin of -106.41% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Heads UP Ventures was 0.00% per year.


Heads UP Ventures  (NSE:HEADSUP) 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

Heads UP Ventures had a gross margin of -106.41% 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.


Heads UP Ventures Gross Margin % Related Terms


Heads UP Ventures Gross Margin % Historical Data

* Premium members only.

The historical data trend for Heads UP Ventures'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.

Heads UP Ventures Gross Margin % Chart

Heads UP Ventures 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 -23.50 -6.64 -134.67 0.00 -1.78

Heads UP Ventures 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 0.00 22.74 1.97 0.00 -106.41

NSE:HEADSUP vs TJX, ROST, BURL: Gross Margin % Comparison

For the Apparel Retail subindustry, Heads UP Ventures'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.


Heads UP Ventures Gross Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Heads UP Ventures's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Heads UP Ventures's Gross Margin % falls into.


NSE:HEADSUP
68GF Score
Heads UP Ventures Ltd NSE:HEADSUP
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Heads UP Ventures Gross Margin % Calculation

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

Heads UP Ventures'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 )
=-3.1 / 172.634
=(Revenue - Cost of Goods Sold) / Revenue
=(172.634 - 175.712) / 172.634
=-1.78 %

Heads UP Ventures'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 )
=-29.8 / 28.022
=(Revenue - Cost of Goods Sold) / Revenue
=(28.022 - 57.839) / 28.022
=-106.41 %

* 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 -106.41% mean?
Heads UP Ventures (NSE:HEADSUP) has a Gross Margin % of -106.41% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Heads UP Ventures and its competitors. According to the industry distribution chart, Heads UP Ventures ranks #1105 out of 1112 companies in the Retail - Cyclical industry, placing it in the top 99.4%.
Is Heads UP Ventures' Gross Margin % too high?
Heads UP Ventures' current Gross Margin % is -106.41%. Based on the distribution chart, Heads UP Ventures ranks #1105 out of 1112 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Heads UP Ventures has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Heads UP Ventures' Gross Margin % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Heads UP Ventures ranks #1105 out of 1112 companies for Gross Margin %. This places Heads UP Ventures in the lower half of its industry. The industry median Gross Margin % is 36.24. 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 Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.24, based on 1,112 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. 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 Heads UP Ventures and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heads UP Ventures's current Gross Margin % is -106.41%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heads UP Ventures stock overvalued right now?
Based on GuruFocus' analysis, Heads UP Ventures (NSE:HEADSUP) is currently considered Possible Value Trap. The stock's GF Value™ is ₹349.74, compared to a current price of ₹6.87 — trading 98% below its estimated fair value. The current Gross Margin % is -106.41%. Heads UP Ventures' overall GF Score™ is 68/100 with 2 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 Heads UP Ventures (NSE:HEADSUP), the current Gross Margin % is -106.41% 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 Heads UP Ventures (NSE:HEADSUP) Overvalued in 2026?

Based on GuruFocus' analysis, Heads UP Ventures stock appears to be undervalued. The current stock price of ₹6.87 is trading 98% below its estimated GF Value™ of ₹349.74. GuruFocus considers Heads UP Ventures to be Possible Value Trap.

Key valuation signals for NSE:HEADSUP:

  • Gross Margin %: -106.41%
  • GF Value™: ₹349.74 vs. price of ₹6.87 (98% below fair value)
  • GF Score™: 68/100 with 2 warning signs

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


Heads UP Ventures Business Description

Other Exchanges 540210:India
Address Dr. S.S. Rao Road, 209, Peninsula Centre, Parel, Mumbai, MH, IND, 400012
Heads UP Ventures Ltd is engaged in designing, retailing, and distributing men's wear, women's wear, and accessories under the Being Human brand. Geographically, it derives the majority of its revenue from domestic operations. The company offers a range of designs including shirts and t-shirts, jackets, hoodies, sweatshirts, caps, belts, bags, and flip-flops. The company also provides fashion for every occasion with avant-garde designs.
68GF Score

Get the complete analysis for NSE:HEADSUP

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

₹6.87
Price
₹349.74
GF Value