IndiGrid Infrastructure Trust (NSE:INDIGRID) Gross Margin %: 44.08% (As of Mar. 2026) — 55% Below Median


NSE:INDIGRID IndiGrid Infrastructure Trust NSE:INDIGRID
85 GF Score
Price ₹178.21
GF Value ₹216.86
Valuation Modestly Undervalued
! 8 Warning Signs
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What is IndiGrid Infrastructure Trust Gross Margin %?

IndiGrid Infrastructure Trust NSE:INDIGRID -0.40% 85 Gross Margin % is 44.08% as of Mar. 2026, which is 55% below its 10-year median of 97.59. GuruFocus rates NSE:INDIGRID with a GF Score™ of 85/100 and a GF Value™ of ₹216.86 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 402 Utilities - Independent Power Producers companies, IndiGrid Infrastructure Trust ranks better than 84.08% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. IndiGrid Infrastructure Trust's Gross Profit for the three months ended in Mar. 2026 was ₹9,872 Mil. IndiGrid Infrastructure Trust's Revenue for the three months ended in Mar. 2026 was ₹22,396 Mil. Therefore, IndiGrid Infrastructure Trust's Gross Margin % for the quarter that ended in Mar. 2026 was 44.08%.

Warning Sign:

IndiGrid Infrastructure Trust gross margin has been in long-term decline. The average rate of decline per year is -4.7%.


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

NSE:INDIGRID' s Gross Margin % Range Over the Past 10 Years
Min: 70.93   Med: 97.59   Max: 98.08
Current: 71.16


During the past 12 years, the highest Gross Margin % of IndiGrid Infrastructure Trust was 98.08%. The lowest was 70.93%. And the median was 97.59%.

NSE:INDIGRID's Gross Margin % is ranked better than
84.08% of 402 companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.32 vs NSE:INDIGRID: 71.16

IndiGrid Infrastructure Trust had a gross margin of 44.08% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for IndiGrid Infrastructure Trust was -4.70% per year.


IndiGrid Infrastructure Trust  (NSE:INDIGRID) 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

IndiGrid Infrastructure Trust had a gross margin of 44.08% 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.


IndiGrid Infrastructure Trust Gross Margin % Related Terms


IndiGrid Infrastructure Trust Gross Margin % Historical Data

* Premium members only.

The historical data trend for IndiGrid Infrastructure Trust'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.

IndiGrid Infrastructure Trust Gross Margin % Chart

IndiGrid Infrastructure Trust 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 97.83 97.57 97.18 96.07 70.93

IndiGrid Infrastructure Trust 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 90.55 92.32 95.45 97.59 44.08

NSE:INDIGRID vs CEG, VST, NRG: Gross Margin % Comparison

For the Utilities - Independent Power Producers subindustry, IndiGrid Infrastructure Trust'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.


IndiGrid Infrastructure Trust Gross Margin % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, IndiGrid Infrastructure Trust's Gross Margin % distribution charts can be found below:

* The bar in red indicates where IndiGrid Infrastructure Trust's Gross Margin % falls into.


NSE:INDIGRID
85GF Score
IndiGrid Infrastructure Trust NSE:INDIGRID
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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IndiGrid Infrastructure Trust Gross Margin % Calculation

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

IndiGrid Infrastructure Trust'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 )
=33823.2 / 47683.81
=(Revenue - Cost of Goods Sold) / Revenue
=(47683.81 - 13860.6) / 47683.81
=70.93 %

IndiGrid Infrastructure Trust'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 )
=9872.2 / 22395.68
=(Revenue - Cost of Goods Sold) / Revenue
=(22395.68 - 12523.53) / 22395.68
=44.08 %

* 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 44.08% mean?
IndiGrid Infrastructure Trust (NSE:INDIGRID) has a Gross Margin % of 44.08% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on IndiGrid Infrastructure Trust and its competitors. This is 55% below median its historical median of 97.59. Over the past decade, IndiGrid Infrastructure Trust's Gross Margin % has ranged from 70.93 to 98.08. According to the industry distribution chart, IndiGrid Infrastructure Trust ranks #64 out of 402 companies in the Utilities - Independent Power Producers industry, placing it in the top 15.9%.
Is IndiGrid Infrastructure Trust's Gross Margin % too high?
IndiGrid Infrastructure Trust's current Gross Margin % of 44.08% is 55% below median its 10-year median of 97.59. Over the past 10 years, this metric has ranged from a low of 70.93 to a high of 98.08. The Utilities - Independent Power Producers industry median Gross Margin % is 31.32. IndiGrid Infrastructure Trust's value of 44.08% is 40.7% above this industry median. Based on the distribution chart, IndiGrid Infrastructure Trust ranks #64 out of 402 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, IndiGrid Infrastructure Trust has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IndiGrid Infrastructure Trust's Gross Margin % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, IndiGrid Infrastructure Trust ranks #64 out of 402 companies for Gross Margin %. This places IndiGrid Infrastructure Trust in the top 16% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 31.32. IndiGrid Infrastructure Trust's value of 44.08% is 40.7% above this benchmark. Historically, IndiGrid Infrastructure Trust's own Gross Margin % has ranged from 70.93 to 98.08 over the past decade. While the company's 10-year median is 97.59 vs. the industry median of 31.32, IndiGrid Infrastructure Trust 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 Utilities - Independent Power Producers company?
The median Gross Margin % among Utilities - Independent Power Producers companies is 31.32, based on 402 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. IndiGrid Infrastructure Trust's current Gross Margin % of 44.08% is 40.7% 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 IndiGrid Infrastructure Trust and its competitors. For the Utilities - Independent Power Producers industry, the median Gross Margin % is 31.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IndiGrid Infrastructure Trust's current Gross Margin % is 44.08%, which is 55% below median its own 10-year median of 97.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IndiGrid Infrastructure Trust stock overvalued right now?
Based on GuruFocus' analysis, IndiGrid Infrastructure Trust (NSE:INDIGRID) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹216.86, compared to a current price of ₹178.21 — trading 17.8% below its estimated fair value. The current Gross Margin % is 44.08%, which is 55% below median its 10-year median of 97.59 and 40.7% above the Utilities - Independent Power Producers industry median of 31.32. IndiGrid Infrastructure Trust's overall GF Score™ is 85/100 with 8 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 IndiGrid Infrastructure Trust (NSE:INDIGRID), the current Gross Margin % is 44.08% 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 IndiGrid Infrastructure Trust (NSE:INDIGRID) Overvalued in 2026?

Based on GuruFocus' analysis, IndiGrid Infrastructure Trust stock appears to be undervalued. The current stock price of ₹178.21 is trading 17.8% below its estimated GF Value™ of ₹216.86. GuruFocus considers IndiGrid Infrastructure Trust to be Modestly Undervalued.

Key valuation signals for NSE:INDIGRID:

  • Gross Margin %: 44.08% (55% below median its 10-year median of 97.59)
  • GF Value™: ₹216.86 vs. price of ₹178.21 (17.8% below fair value)
  • GF Score™: 85/100 with 8 warning signs
  • Industry Position: 40.7% above the Utilities - Independent Power Producers median (#64 of 402)

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


IndiGrid Infrastructure Trust Business Description

Other Exchanges 540565:India
Address Off CST Road, Vidyanagari Marg, Unit No. 101, First Floor, Windsor, Village KoleKalyan, Kalina, Santacruz (East), Mumbai, MH, IND, 400 098
IndiGrid Infrastructure Trust, formerly India Grid Trust is an infrastructure investment trust established to own inter-state power transmission assets in India. The projects comprise extra high voltage (EHV) overhead power transmission lines, comprising approximately seven 765 kV transmission lines and thirty 400 kV transmission lines. The company has two distinct reportable segments: Power Transmission and Power generation. The power Transmission segment generates the majority of revenue and is engaged in the business of owning and maintaining transmission assets. The power Generation segment includes entities in the business of generating power through renewable sources such as solar etc.
85GF Score

Get the complete analysis for NSE:INDIGRID

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

₹178.21
Price
₹216.86
GF Value