IndiaMART InterMESHNSE:INDIAMART -0.94%89 Gross Margin % is 93.78% as of Mar. 2026, which is 3% above its 10-year median of 91.46. GuruFocus rates NSE:INDIAMART with a GF Score™ of 89/100 and a GF Value™ of ₹3,070.00 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 497 Interactive Media companies, IndiaMART InterMESH ranks better than 83.5% on this metric.
The historical rank and industry rank for IndiaMART InterMESH's Gross Margin % or its related term are showing as below:
NSE:INDIAMART'
s Gross Margin % Range Over the Past 10 Years
Min: 86.24 Med: 91.46 Max: 95.43
Current: 95.43
During the past 12 years, the highestGross Margin % of IndiaMART InterMESH was 95.43%. The lowest was 86.24%. And the median was 91.46%.
NSE:INDIAMART's Gross Margin % is ranked better than 83.5% of 497
companies
in the Interactive Media industry
Industry Median: 62.58
vs NSE:INDIAMART: 95.43
IndiaMART InterMESH had a gross margin of 93.78% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for IndiaMART InterMESH was 0.30% per year.
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
IndiaMART InterMESH had a gross margin of 93.78% 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.
IndiaMART InterMESH Gross Margin % Related Terms
IndiaMART InterMESH Gross Margin % Historical Data
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The historical data trend for IndiaMART InterMESH'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:INDIAMART vs GOOGL, META, SPOT: Gross Margin % Comparison
For the Internet Content & Information subindustry, IndiaMART InterMESH'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.
IndiaMART InterMESH Gross Margin % vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, IndiaMART InterMESH's Gross Margin % distribution charts can be found below:
* The bar in red indicates where IndiaMART InterMESH'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.
IndiaMART InterMESH (NSE:INDIAMART) has a Gross Margin % of 93.78% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on IndiaMART InterMESH and its competitors. This is near median its historical median of 91.46. Over the past decade, IndiaMART InterMESH's Gross Margin % has ranged from 86.24 to 95.43. According to the industry distribution chart, IndiaMART InterMESH ranks #82 out of 497 companies in the Interactive Media industry, placing it in the top 16.5%.
Is IndiaMART InterMESH's Gross Margin % too high?
IndiaMART InterMESH's current Gross Margin % of 93.78% is near median its 10-year median of 91.46. Over the past 10 years, this metric has ranged from a low of 86.24 to a high of 95.43. The Interactive Media industry median Gross Margin % is 62.58. IndiaMART InterMESH's value of 93.78% is 49.9% above this industry median. Based on the distribution chart, IndiaMART InterMESH ranks #82 out of 497 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, IndiaMART InterMESH has a GF Score™ of 89/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IndiaMART InterMESH's Gross Margin % compare to GOOGL and META?
According to the Interactive Media industry distribution chart, IndiaMART InterMESH ranks #82 out of 497 companies for Gross Margin %. This places IndiaMART InterMESH in the top 17% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 62.58. IndiaMART InterMESH's value of 93.78% is 49.9% above this benchmark. Historically, IndiaMART InterMESH's own Gross Margin % has ranged from 86.24 to 95.43 over the past decade. While the company's 10-year median is 91.46 vs. the industry median of 62.58, IndiaMART InterMESH 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 Interactive Media company?
The median Gross Margin % among Interactive Media companies is 62.58, based on 497 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. IndiaMART InterMESH's current Gross Margin % of 93.78% is 49.9% 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 IndiaMART InterMESH and its competitors. For the Interactive Media industry, the median Gross Margin % is 62.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IndiaMART InterMESH's current Gross Margin % is 93.78%, which is near median its own 10-year median of 91.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IndiaMART InterMESH stock overvalued right now?
Based on GuruFocus' analysis, IndiaMART InterMESH (NSE:INDIAMART) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹3,070.00, compared to a current price of ₹1,955.40 — trading 36.3% below its estimated fair value. The current Gross Margin % is 93.78%, which is near median its 10-year median of 91.46 and 49.9% above the Interactive Media industry median of 62.58. IndiaMART InterMESH's overall GF Score™ is 89/100 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 IndiaMART InterMESH (NSE:INDIAMART), the current Gross Margin % is 93.78% 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 IndiaMART InterMESH (NSE:INDIAMART) Overvalued in 2026?
Based on GuruFocus' analysis, IndiaMART InterMESH stock appears to be undervalued.
The current stock price of ₹1,955.40 is trading 36.3% below its estimated GF Value™ of ₹3,070.00.
GuruFocus considers IndiaMART InterMESH to be Significantly Undervalued.
Key valuation signals for NSE:INDIAMART:
Gross Margin %: 93.78% (near median its 10-year median of 91.46)
GF Value™: ₹3,070.00 vs. price of ₹1,955.40 (36.3% below fair value)
Industry Position: 49.9% above the Interactive Media median (#82 of 497)
No single metric tells the full story. See the NSE:INDIAMART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IndiaMART InterMESH Ltd operates as an online B2B marketplace for business products and services. It serves as a platform for Small and Medium Enterprises (SMEs), Large Enterprises, as well as individuals. Geographically, it derives a majority of its revenue from India. It earns revenue mainly through the sale of subscription packages.
89GF Score
Get the complete analysis for NSE:INDIAMART
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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