Indo Rama Synthetics (India) (NSE:INDORAMA) Gross Margin %: 28.27% (As of Mar. 2026) — 54% Above Median


NSE:INDORAMA Indo Rama Synthetics (India) Ltd NSE:INDORAMA
62 GF Score
Price ₹45.63
GF Value ₹59.13
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Indo Rama Synthetics (India) Gross Margin %?

Indo Rama Synthetics (India) NSE:INDORAMA -0.87% 62 Gross Margin % is 28.27% as of Mar. 2026, which is 54% above its 10-year median of 18.31. GuruFocus rates NSE:INDORAMA with a GF Score™ of 62/100 and a GF Value™ of ₹59.13 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,026 Manufacturing - Apparel & Accessories companies, Indo Rama Synthetics (India) ranks worse than 57.5% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Indo Rama Synthetics (India)'s Gross Profit for the three months ended in Mar. 2026 was ₹3,397 Mil. Indo Rama Synthetics (India)'s Revenue for the three months ended in Mar. 2026 was ₹12,017 Mil. Therefore, Indo Rama Synthetics (India)'s Gross Margin % for the quarter that ended in Mar. 2026 was 28.27%.


The historical rank and industry rank for Indo Rama Synthetics (India)'s Gross Margin % or its related term are showing as below:

NSE:INDORAMA' s Gross Margin % Range Over the Past 10 Years
Min: 10.68   Med: 18.31   Max: 23.29
Current: 23.29


During the past 13 years, the highest Gross Margin % of Indo Rama Synthetics (India) was 23.29%. The lowest was 10.68%. And the median was 18.31%.

NSE:INDORAMA's Gross Margin % is ranked worse than
57.5% of 1026 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.51 vs NSE:INDORAMA: 23.29

Indo Rama Synthetics (India) had a gross margin of 28.27% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Indo Rama Synthetics (India) was 0.20% per year.


Indo Rama Synthetics (India)  (NSE:INDORAMA) 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

Indo Rama Synthetics (India) had a gross margin of 28.27% for the quarter that ended in Mar. 2026 => 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.


Indo Rama Synthetics (India) Gross Margin % Related Terms


Indo Rama Synthetics (India) Gross Margin % Historical Data

* Premium members only.

The historical data trend for Indo Rama Synthetics (India)'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.

Indo Rama Synthetics (India) Gross Margin % Chart

Indo Rama Synthetics (India) 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 20.14 14.12 10.68 21.20 23.28

Indo Rama Synthetics (India) 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 21.95 22.61 22.98 19.28 28.27

Indo Rama Synthetics (India) Gross Margin % Competitor Comparison

For the Textile Manufacturing subindustry, Indo Rama Synthetics (India)'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.


Indo Rama Synthetics (India) Gross Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Indo Rama Synthetics (India)'s Gross Margin % distribution charts can be found below:

* The bar in red indicates where Indo Rama Synthetics (India)'s Gross Margin % falls into.


NSE:INDORAMA
62GF Score
Indo Rama Synthetics (India) Ltd NSE:INDORAMA
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Indo Rama Synthetics (India) Gross Margin % Calculation

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

Indo Rama Synthetics (India)'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 )
=11432.9 / 49100.6
=(Revenue - Cost of Goods Sold) / Revenue
=(49100.6 - 37667.7) / 49100.6
=23.28 %

Indo Rama Synthetics (India)'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 )
=3397.2 / 12016.8
=(Revenue - Cost of Goods Sold) / Revenue
=(12016.8 - 8619.6) / 12016.8
=28.27 %

* 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 28.27% mean?
Indo Rama Synthetics (India) (NSE:INDORAMA) has a Gross Margin % of 28.27% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Indo Rama Synthetics (India) and its competitors. This is 54% above median its historical median of 18.31. Over the past decade, Indo Rama Synthetics (India)'s Gross Margin % has ranged from 10.68 to 23.29. According to the industry distribution chart, Indo Rama Synthetics (India) ranks #590 out of 1026 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 57.5%.
Is Indo Rama Synthetics (India)'s Gross Margin % too high?
Indo Rama Synthetics (India)'s current Gross Margin % of 28.27% is 54% above median its 10-year median of 18.31. Over the past 10 years, this metric has ranged from a low of 10.68 to a high of 23.29. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.51. Indo Rama Synthetics (India)'s value of 28.27% is 0.8% below this industry median. Based on the distribution chart, Indo Rama Synthetics (India) ranks #590 out of 1026 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Indo Rama Synthetics (India) has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indo Rama Synthetics (India)'s Gross Margin % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Indo Rama Synthetics (India) ranks #590 out of 1026 companies for Gross Margin %. This places Indo Rama Synthetics (India) in the lower half of its industry. The industry median Gross Margin % is 28.51. Indo Rama Synthetics (India)'s value of 28.27% is 0.8% below this benchmark. Historically, Indo Rama Synthetics (India)'s own Gross Margin % has ranged from 10.68 to 23.29 over the past decade. While the company's 10-year median is 18.31 vs. the industry median of 28.51, Indo Rama Synthetics (India) has consistently been below 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 Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.51, based on 1,026 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. Indo Rama Synthetics (India)'s current Gross Margin % of 28.27% is 0.8% below 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 Indo Rama Synthetics (India) and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indo Rama Synthetics (India)'s current Gross Margin % is 28.27%, which is 54% above median its own 10-year median of 18.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo Rama Synthetics (India) stock overvalued right now?
Based on GuruFocus' analysis, Indo Rama Synthetics (India) (NSE:INDORAMA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹59.13, compared to a current price of ₹45.63 — trading 22.8% below its estimated fair value. The current Gross Margin % is 28.27%, which is 54% above median its 10-year median of 18.31 and 0.8% below the Manufacturing - Apparel & Accessories industry median of 28.51. Indo Rama Synthetics (India)'s overall GF Score™ is 62/100 with 2 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 Indo Rama Synthetics (India) (NSE:INDORAMA), the current Gross Margin % is 28.27% 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 Indo Rama Synthetics (India) (NSE:INDORAMA) Overvalued in 2026?

Based on GuruFocus' analysis, Indo Rama Synthetics (India) stock appears to be undervalued. The current stock price of ₹45.63 is trading 22.8% below its estimated GF Value™ of ₹59.13. GuruFocus considers Indo Rama Synthetics (India) to be Modestly Undervalued.

Key valuation signals for NSE:INDORAMA:

  • Gross Margin %: 28.27% (54% above median its 10-year median of 18.31)
  • GF Value™: ₹59.13 vs. price of ₹45.63 (22.8% below fair value)
  • GF Score™: 62/100 with 2 warning signs
  • Industry Position: 0.8% below the Manufacturing - Apparel & Accessories median (#590 of 1026)

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


Indo Rama Synthetics (India) Business Description

Other Exchanges 500207:India
Address Delhi Press Building, Phase-1V, Plot No. 53 & 54, Udyog Vihar, Gurugram, HR, IND, 122 015
Indo Rama Synthetics (India) Ltd is a polyester manufacturer. The company offers products such as Polyester Staple Fibre (PSF), Partially Oriented Yarn (POY), Draw Texturised Yarn (DTY), Fully Drawn Yarn (FDY), Polyester Chips, and Others. Its only operating segment is the manufacturing and trading of Polyester goods. Geographically, it derives a majority of revenue from India and also has a presence in Turkey, Nepal, and Other overseas countries.
62GF Score

Get the complete analysis for NSE:INDORAMA

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

₹45.63
Price
₹59.13
GF Value