Inox Wind (NSE:INOXWIND) Gross Margin %: 36.74% (As of Mar. 2026) — 60% Above Median


NSE:INOXWIND Inox Wind Ltd NSE:INOXWIND
70 GF Score
Price ₹86.95
GF Value ₹275.51
Valuation Possible Value Trap
! 2 Warning Signs
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What is Inox Wind Gross Margin %?

Inox Wind NSE:INOXWIND -1.19% 70 Gross Margin % is 36.74% as of Mar. 2026, which is 60% above its 10-year median of 22.99. GuruFocus rates NSE:INOXWIND with a GF Score™ of 70/100 and a GF Value™ of ₹275.51 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,991 Industrial Products companies, Inox Wind ranks better than 73.55% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Inox Wind's Gross Profit for the three months ended in Mar. 2026 was ₹4,572 Mil. Inox Wind's Revenue for the three months ended in Mar. 2026 was ₹12,442 Mil. Therefore, Inox Wind's Gross Margin % for the quarter that ended in Mar. 2026 was 36.74%.


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

NSE:INOXWIND' s Gross Margin % Range Over the Past 10 Years
Min: 5.01   Med: 22.99   Max: 36.97
Current: 36.97


During the past 13 years, the highest Gross Margin % of Inox Wind was 36.97%. The lowest was 5.01%. And the median was 22.99%.

NSE:INOXWIND's Gross Margin % is ranked better than
73.55% of 2991 companies
in the Industrial Products industry
Industry Median: 26.81 vs NSE:INOXWIND: 36.97

Inox Wind had a gross margin of 36.74% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Inox Wind was 24.00% per year.


Inox Wind  (NSE:INOXWIND) 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

Inox Wind had a gross margin of 36.74% 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.


Inox Wind Gross Margin % Related Terms


Inox Wind Gross Margin % Historical Data

* Premium members only.

The historical data trend for Inox Wind'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.

Inox Wind Gross Margin % Chart

Inox Wind 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 18.74 10.10 25.89 36.88 36.97

Inox Wind 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 39.42 36.04 36.56 38.22 36.74

NSE:INOXWIND vs GEV, ETN, PH: Gross Margin % Comparison

For the Specialty Industrial Machinery subindustry, Inox Wind'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.


Inox Wind Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Inox Wind's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Inox Wind's Gross Margin % falls into.


NSE:INOXWIND
70GF Score
Inox Wind Ltd NSE:INOXWIND
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Inox Wind Gross Margin % Calculation

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

Inox Wind'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 )
=16257.4 / 43971.2
=(Revenue - Cost of Goods Sold) / Revenue
=(43971.2 - 27713.8) / 43971.2
=36.97 %

Inox Wind'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 )
=4571.7 / 12442.4
=(Revenue - Cost of Goods Sold) / Revenue
=(12442.4 - 7870.7) / 12442.4
=36.74 %

* 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 36.74% mean?
Inox Wind (NSE:INOXWIND) has a Gross Margin % of 36.74% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Inox Wind and its competitors. This is 60% above median its historical median of 22.99. Over the past decade, Inox Wind's Gross Margin % has ranged from 5.01 to 36.97. According to the industry distribution chart, Inox Wind ranks #791 out of 2991 companies in the Industrial Products industry, placing it in the top 26.4%.
Is Inox Wind's Gross Margin % too high?
Inox Wind's current Gross Margin % of 36.74% is 60% above median its 10-year median of 22.99. Over the past 10 years, this metric has ranged from a low of 5.01 to a high of 36.97. The Industrial Products industry median Gross Margin % is 26.81. Inox Wind's value of 36.74% is 37% above this industry median. Based on the distribution chart, Inox Wind ranks #791 out of 2991 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Inox Wind has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Inox Wind's Gross Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Inox Wind ranks #791 out of 2991 companies for Gross Margin %. This puts Inox Wind in the upper half of its industry. The industry median Gross Margin % is 26.81. Inox Wind's value of 36.74% is 37% above this benchmark. Historically, Inox Wind's own Gross Margin % has ranged from 5.01 to 36.97 over the past decade. While the company's 10-year median is 22.99 vs. the industry median of 26.81, Inox Wind 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 Products company?
The median Gross Margin % among Industrial Products companies is 26.81, based on 2,991 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. Inox Wind's current Gross Margin % of 36.74% is 37% 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 Inox Wind and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inox Wind's current Gross Margin % is 36.74%, which is 60% above median its own 10-year median of 22.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inox Wind stock overvalued right now?
Based on GuruFocus' analysis, Inox Wind (NSE:INOXWIND) is currently considered Possible Value Trap. The stock's GF Value™ is ₹275.51, compared to a current price of ₹86.95 — trading 68.4% below its estimated fair value. The current Gross Margin % is 36.74%, which is 60% above median its 10-year median of 22.99 and 37% above the Industrial Products industry median of 26.81. Inox Wind's overall GF Score™ is 70/100 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 Inox Wind (NSE:INOXWIND), the current Gross Margin % is 36.74% 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 Inox Wind (NSE:INOXWIND) Overvalued in 2026?

Based on GuruFocus' analysis, Inox Wind stock appears to be undervalued. The current stock price of ₹86.95 is trading 68.4% below its estimated GF Value™ of ₹275.51. GuruFocus considers Inox Wind to be Possible Value Trap.

Key valuation signals for NSE:INOXWIND:

  • Gross Margin %: 36.74% (60% above median its 10-year median of 22.99)
  • GF Value™: ₹275.51 vs. price of ₹86.95 (68.4% below fair value)
  • GF Score™: 70/100 with 2 warning signs
  • Industry Position: 37% above the Industrial Products median (#791 of 2991)

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


Inox Wind Business Description

Other Exchanges 539083:India
Address Inox Towers, Plot Number 17, Sector 16A, Noida, UP, IND, 201 301
Inox Wind Ltd is engaged in the business of manufacturing Wind Turbine Generators. The group provides related erection, procurement & commissioning (EPC) services, operations & maintenance (O&M), and common infrastructure facility services for WTGs, and development of projects for wind farms. It conducts its business and provides services to various states in India. The company also offers turnkey solutions for the development of wind power projects which include wind studies, energy assessment, land acquisition, site infrastructure development, power evacuation, and others.
70GF Score

Get the complete analysis for NSE:INOXWIND

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

₹86.95
Price
₹275.51
GF Value