Hindware Home InnovationNSE:HINDWAREAP +0.04%78 Gross Margin % is 44.37% as of Mar. 2026, which is 22% above its 10-year median of 36.43. GuruFocus rates NSE:HINDWAREAP with a GF Score™ of 78/100 and a GF Value™ of ₹305.28 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 415 Furnishings, Fixtures & Appliances companies, Hindware Home Innovation ranks better than 82.17% on this metric.
NSE:HINDWAREAP's Gross Margin % is ranked better than 82.17% of 415
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 29.36
vs NSE:HINDWAREAP: 45.34
Hindware Home Innovation had a gross margin of 44.37% for the quarter that ended in Mar. 2026 => Durable competitive advantage
Hindware Home Innovation (NSE:HINDWAREAP) 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
Hindware Home Innovation had a gross margin of 44.37% 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.
Hindware Home Innovation Gross Margin % Related Terms
Hindware Home Innovation Gross Margin % Historical Data
* 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:HINDWAREAP vs SN, SGI, MHK: Gross Margin % Comparison
For the Furnishings, Fixtures & Appliances subindustry, Hindware Home Innovation'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.
Hindware Home Innovation Gross Margin % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Hindware Home Innovation's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Hindware Home Innovation'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.
Hindware Home Innovation (NSE:HINDWAREAP) has a Gross Margin % of 44.37% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Hindware Home Innovation and its competitors. This is 22% above median its historical median of 36.43. Over the past decade, Hindware Home Innovation's Gross Margin % has ranged from 30.21 to 45.34. According to the industry distribution chart, Hindware Home Innovation ranks #74 out of 415 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 17.8%.
Is Hindware Home Innovation's Gross Margin % too high?
Hindware Home Innovation's current Gross Margin % of 44.37% is 22% above median its 10-year median of 36.43. Over the past 10 years, this metric has ranged from a low of 30.21 to a high of 45.34. The Furnishings, Fixtures & Appliances industry median Gross Margin % is 29.36. Hindware Home Innovation's value of 44.37% is 51.1% above this industry median. Based on the distribution chart, Hindware Home Innovation ranks #74 out of 415 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Hindware Home Innovation has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hindware Home Innovation's Gross Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Hindware Home Innovation ranks #74 out of 415 companies for Gross Margin %. This places Hindware Home Innovation in the top 18% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 29.36. Hindware Home Innovation's value of 44.37% is 51.1% above this benchmark. Historically, Hindware Home Innovation's own Gross Margin % has ranged from 30.21 to 45.34 over the past decade. While the company's 10-year median is 36.43 vs. the industry median of 29.36, Hindware Home Innovation 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. Hindware Home Innovation's current Gross Margin % of 44.37% is 51.1% 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 Hindware Home Innovation 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. Hindware Home Innovation's current Gross Margin % is 44.37%, which is 22% above median its own 10-year median of 36.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindware Home Innovation stock overvalued right now?
Based on GuruFocus' analysis, Hindware Home Innovation (NSE:HINDWAREAP) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹305.28, compared to a current price of ₹250.80 — trading 17.8% below its estimated fair value. The current Gross Margin % is 44.37%, which is 22% above median its 10-year median of 36.43 and 51.1% above the Furnishings, Fixtures & Appliances industry median of 29.36. Hindware Home Innovation's overall GF Score™ is 78/100 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 Hindware Home Innovation (NSE:HINDWAREAP), the current Gross Margin % is 44.37% 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 Hindware Home Innovation (NSE:HINDWAREAP) Overvalued in 2026?
Based on GuruFocus' analysis, Hindware Home Innovation stock appears to be undervalued.
The current stock price of ₹250.80 is trading 17.8% below its estimated GF Value™ of ₹305.28.
GuruFocus considers Hindware Home Innovation to be Modestly Undervalued.
Key valuation signals for NSE:HINDWAREAP:
Gross Margin %: 44.37% (22% above median its 10-year median of 36.43)
GF Value™: ₹305.28 vs. price of ₹250.80 (17.8% below fair value)
Industry Position: 51.1% above the Furnishings, Fixtures & Appliances median (#74 of 415)
No single metric tells the full story. See the NSE:HINDWAREAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hindware Home Innovation Ltd is involved in manufacturing, selling, and trading building products, glass products, consumer products, plastic products, and retail businesses. Its product range includes Kitchen Ensemble, water heaters, air coolers, water purifiers, air purifiers, and window vents, among others. Some of its brands are Hindware, Moonbow, and Evok. The company operates through segments such as Building Products and Consumer Appliances. It functions in India and derives the majority of its revenue from the Building Products segment.
78GF Score
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