Indogulf Cropsciences (NSE:IGCL) Gross Margin %: 40.17% (As of Mar. 2026) — 43% Above Median


NSE:IGCL Indogulf Cropsciences Ltd NSE:IGCL
16 GF Score
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What is Indogulf Cropsciences Gross Margin %?

Indogulf Cropsciences NSE:IGCL +3.96% 16 Gross Margin % is 40.17% as of Mar. 2026, which is 43% above its 10-year median of 28.00. GuruFocus rates NSE:IGCL with a GF Score™ of 16/100. The stock has 4 warning signs investors should review. Among 247 Agriculture companies, Indogulf Cropsciences ranks better than 74.9% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Indogulf Cropsciences's Gross Profit for the three months ended in Mar. 2026 was ₹606 Mil. Indogulf Cropsciences's Revenue for the three months ended in Mar. 2026 was ₹1,508 Mil. Therefore, Indogulf Cropsciences's Gross Margin % for the quarter that ended in Mar. 2026 was 40.17%.


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

NSE:IGCL' s Gross Margin % Range Over the Past 10 Years
Min: 25.34   Med: 28   Max: 34.25
Current: 34.25


During the past 5 years, the highest Gross Margin % of Indogulf Cropsciences was 34.25%. The lowest was 25.34%. And the median was 28.00%.

NSE:IGCL's Gross Margin % is ranked better than
74.9% of 247 companies
in the Agriculture industry
Industry Median: 24.81 vs NSE:IGCL: 34.25

Indogulf Cropsciences had a gross margin of 40.17% for the quarter that ended in Mar. 2026 => Durable competitive advantage

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


Indogulf Cropsciences  (NSE:IGCL) 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

Indogulf Cropsciences had a gross margin of 40.17% 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.


Indogulf Cropsciences Gross Margin % Related Terms


Indogulf Cropsciences Gross Margin % Historical Data

* Premium members only.

The historical data trend for Indogulf Cropsciences'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.

Indogulf Cropsciences Gross Margin % Chart

Indogulf Cropsciences Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
25.64 25.34 28.00 29.77 30.96

Indogulf Cropsciences Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only 35.65 41.11 29.44 36.84 40.17

NSE:IGCL vs CTVA, CF, MOS: Gross Margin % Comparison

For the Agricultural Inputs subindustry, Indogulf Cropsciences'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.


Indogulf Cropsciences Gross Margin % vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Indogulf Cropsciences's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Indogulf Cropsciences's Gross Margin % falls into.


NSE:IGCL
16GF Score
Indogulf Cropsciences Ltd NSE:IGCL
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Indogulf Cropsciences Gross Margin % Calculation

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

Indogulf Cropsciences'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 )
=2181.5 / 7046.33
=(Revenue - Cost of Goods Sold) / Revenue
=(7046.33 - 4864.88) / 7046.33
=30.96 %

Indogulf Cropsciences'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 )
=605.9 / 1508.18
=(Revenue - Cost of Goods Sold) / Revenue
=(1508.18 - 902.28) / 1508.18
=40.17 %

* 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 40.17% mean?
Indogulf Cropsciences (NSE:IGCL) has a Gross Margin % of 40.17% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Indogulf Cropsciences and its competitors. This is 43% above median its historical median of 28.00. Over the past decade, Indogulf Cropsciences' Gross Margin % has ranged from 25.34 to 34.25. According to the industry distribution chart, Indogulf Cropsciences ranks #62 out of 247 companies in the Agriculture industry, placing it in the top 25.1%.
Is Indogulf Cropsciences' Gross Margin % too high?
Indogulf Cropsciences' current Gross Margin % of 40.17% is 43% above median its 10-year median of 28.00. Over the past 10 years, this metric has ranged from a low of 25.34 to a high of 34.25. The Agriculture industry median Gross Margin % is 24.81. Indogulf Cropsciences' value of 40.17% is 61.9% above this industry median. Based on the distribution chart, Indogulf Cropsciences ranks #62 out of 247 companies in the Agriculture industry, which is above the industry midpoint. Overall, Indogulf Cropsciences has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Indogulf Cropsciences' Gross Margin % compare to CTVA and CF?
According to the Agriculture industry distribution chart, Indogulf Cropsciences ranks #62 out of 247 companies for Gross Margin %. This puts Indogulf Cropsciences in the upper half of its industry. The industry median Gross Margin % is 24.81. Indogulf Cropsciences' value of 40.17% is 61.9% above this benchmark. Historically, Indogulf Cropsciences' own Gross Margin % has ranged from 25.34 to 34.25 over the past decade. While the company's 10-year median is 28.00 vs. the industry median of 24.81, Indogulf Cropsciences 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 Agriculture company?
The median Gross Margin % among Agriculture companies is 24.81, based on 247 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. Indogulf Cropsciences's current Gross Margin % of 40.17% is 61.9% 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 Indogulf Cropsciences and its competitors. For the Agriculture industry, the median Gross Margin % is 24.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indogulf Cropsciences's current Gross Margin % is 40.17%, which is 43% above median its own 10-year median of 28.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indogulf Cropsciences stock overvalued right now?
Indogulf Cropsciences (NSE:IGCL) has a current Gross Margin % of 40.17%. The current Gross Margin % is 40.17%, which is 43% above median its 10-year median of 28.00 and 61.9% above the Agriculture industry median of 24.81. Indogulf Cropsciences' overall GF Score™ is 16/100 with 4 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 Indogulf Cropsciences (NSE:IGCL), the current Gross Margin % is 40.17% 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.

Indogulf Cropsciences Business Description

Other Exchanges 544432:India
Address Netaji Subhash Place, 501, Gopal Heights Plot No - D-9, New Delhi, IND, 110034
Indogulf Cropsciences Ltd is engaged in the manufacturing and trading activities of Agro chemicals, viz. Micro Nutrients, Pesticides, Fertilizers, etc, for agricultural purposes. Its products are Crop Protection, Biostimulant, Plant Supplements, Adjuvants, Technical & Formulations, and Public Health & Veterinary.
16GF Score

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