Hvax Technologies (NSE:HVAX) Gross Margin %: 38.90% (As of Mar. 2025) — Near Median

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NSE:HVAX Hvax Technologies Ltd NSE:HVAX
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What is Hvax Technologies Gross Margin %?

Hvax Technologies NSE:HVAX 18 Gross Margin % is 38.90% as of Mar. 2025, which is 9% above its 10-year median of 35.66. GuruFocus rates NSE:HVAX with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 155 Industrial Distribution companies, Hvax Technologies ranks better than 84.52% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Hvax Technologies's Gross Profit for the six months ended in Mar. 2025 was ₹504 Mil. Hvax Technologies's Revenue for the six months ended in Mar. 2025 was ₹1,296 Mil. Therefore, Hvax Technologies's Gross Margin % for the quarter that ended in Mar. 2025 was 38.90%.


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

NSE:HVAX' s Gross Margin % Range Over the Past 10 Years
Min: 28.48   Med: 35.66   Max: 38.9
Current: 38.9


During the past 5 years, the highest Gross Margin % of Hvax Technologies was 38.90%. The lowest was 28.48%. And the median was 35.66%.

NSE:HVAX's Gross Margin % is ranked better than
84.52% of 155 companies
in the Industrial Distribution industry
Industry Median: 24.34 vs NSE:HVAX: 38.90

Hvax Technologies had a gross margin of 38.90% for the quarter that ended in Mar. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Hvax Technologies was 0.00% per year.


Hvax Technologies  (NSE:HVAX) 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

Hvax Technologies had a gross margin of 38.90% for the quarter that ended in Mar. 2025 => 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.


Hvax Technologies Gross Margin % Related Terms


Hvax Technologies Gross Margin % Historical Data

* Premium members only.

The historical data trend for Hvax Technologies'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.

Hvax Technologies Gross Margin % Chart

Hvax Technologies Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Gross Margin %
28.48 37.26 32.16 35.66 38.90

Hvax Technologies Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25
Gross Margin % 28.48 37.26 32.16 35.66 38.90

NSE:HVAX vs GWW, FAST, FERG: Gross Margin % Comparison

For the Industrial Distribution subindustry, Hvax Technologies'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.


Hvax Technologies Gross Margin % vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Hvax Technologies's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Hvax Technologies's Gross Margin % falls into.


NSE:HVAX
18GF Score
Hvax Technologies Ltd NSE:HVAX
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hvax Technologies Gross Margin % Calculation

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

Hvax Technologies's Gross Margin for the fiscal year that ended in Mar. 2025 is calculated as

Gross Margin % (A: Mar. 2025 )=Gross Profit (A: Mar. 2025 ) / Revenue (A: Mar. 2025 )
=504 / 1295.714
=(Revenue - Cost of Goods Sold) / Revenue
=(1295.714 - 791.675) / 1295.714
=38.90 %

Hvax Technologies's Gross Margin for the quarter that ended in Mar. 2025 is calculated as


Gross Margin % (Q: Mar. 2025 )=Gross Profit (Q: Mar. 2025 ) / Revenue (Q: Mar. 2025 )
=504 / 1295.714
=(Revenue - Cost of Goods Sold) / Revenue
=(1295.714 - 791.675) / 1295.714
=38.90 %

* 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 38.90% mean?
Hvax Technologies (NSE:HVAX) has a Gross Margin % of 38.90% as of Mar. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Hvax Technologies and its competitors. This is near median its historical median of 35.66. Over the past decade, Hvax Technologies' Gross Margin % has ranged from 28.48 to 38.90. According to the industry distribution chart, Hvax Technologies ranks #24 out of 155 companies in the Industrial Distribution industry, placing it in the top 15.5%.
Is Hvax Technologies' Gross Margin % too high?
Hvax Technologies' current Gross Margin % of 38.90% is near median its 10-year median of 35.66. Over the past 10 years, this metric has ranged from a low of 28.48 to a high of 38.90. The Industrial Distribution industry median Gross Margin % is 24.34. Hvax Technologies' value of 38.90% is 59.8% above this industry median. Based on the distribution chart, Hvax Technologies ranks #24 out of 155 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Hvax Technologies has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Hvax Technologies' Gross Margin % compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Hvax Technologies ranks #24 out of 155 companies for Gross Margin %. This places Hvax Technologies in the top 16% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 24.34. Hvax Technologies' value of 38.90% is 59.8% above this benchmark. Historically, Hvax Technologies' own Gross Margin % has ranged from 28.48 to 38.90 over the past decade. While the company's 10-year median is 35.66 vs. the industry median of 24.34, Hvax Technologies 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 Distribution company?
The median Gross Margin % among Industrial Distribution companies is 24.34, based on 155 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. Hvax Technologies's current Gross Margin % of 38.90% is 59.8% 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 Hvax Technologies and its competitors. For the Industrial Distribution industry, the median Gross Margin % is 24.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hvax Technologies's current Gross Margin % is 38.90%, which is near median its own 10-year median of 35.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hvax Technologies stock overvalued right now?
Hvax Technologies (NSE:HVAX) has a current Gross Margin % of 38.90%. The current Gross Margin % is 38.90%, which is near median its 10-year median of 35.66 and 59.8% above the Industrial Distribution industry median of 24.34. Hvax Technologies' overall GF Score™ is 18/100 with 3 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 Hvax Technologies (NSE:HVAX), the current Gross Margin % is 38.90% as of Mar. 2025. 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.

Hvax Technologies Business Description

Address I-Think Techno Campus, 601, 6th Floor, Lodha Supremus, Nehru Nagar, Kanjurmarg (East), Mumbai, MH, IND, 400042
Hvax Technologies Ltd is engaged in the business of turnkey projects on engineering, procurement, and execution of controlled environment infrastructure and cleanrooms; design, engineering, and consultancy services for pharma and healthcare companies. As a part of turnkey projects, the company supplies the following third-party manufactured products: Cleanroom wall panels, Cleanroom ceiling panels, Covings, riser panels, cleanroom doors, flooring systems, pass boxes, air showers, LT/HT electrical panels, pre-fabricated galvanized iron (GI) ducts, air handling units, chillers, Building Management Systems (BMS) Equipment, and Utility generation and distribution equipment.
18GF Score

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