International Conveyors (NSE:INTLCONV) Gross Margin %: 37.84% (As of Mar. 2026) — Near Median


NSE:INTLCONV International Conveyors Ltd NSE:INTLCONV
82 GF Score
Price ₹79.02
GF Value ₹120.74
Valuation Possible Value Trap
! 2 Warning Signs
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What is International Conveyors Gross Margin %?

International Conveyors NSE:INTLCONV +0.04% 82 Gross Margin % is 37.84% as of Mar. 2026, which is 9% below its 10-year median of 41.47. GuruFocus rates NSE:INTLCONV with a GF Score™ of 82/100 and a GF Value™ of ₹120.74 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,996 Industrial Products companies, International Conveyors ranks better than 84.08% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. International Conveyors's Gross Profit for the three months ended in Mar. 2026 was ₹367 Mil. International Conveyors's Revenue for the three months ended in Mar. 2026 was ₹970 Mil. Therefore, International Conveyors's Gross Margin % for the quarter that ended in Mar. 2026 was 37.84%.


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

NSE:INTLCONV' s Gross Margin % Range Over the Past 10 Years
Min: 26.34   Med: 41.47   Max: 48.33
Current: 44.47


During the past 13 years, the highest Gross Margin % of International Conveyors was 48.33%. The lowest was 26.34%. And the median was 41.47%.

NSE:INTLCONV's Gross Margin % is ranked better than
84.08% of 2996 companies
in the Industrial Products industry
Industry Median: 26.8 vs NSE:INTLCONV: 44.47

International Conveyors had a gross margin of 37.84% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for International Conveyors was 6.10% per year.


International Conveyors  (NSE:INTLCONV) 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

International Conveyors had a gross margin of 37.84% 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.


International Conveyors Gross Margin % Related Terms


International Conveyors Gross Margin % Historical Data

* Premium members only.

The historical data trend for International Conveyors'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.

International Conveyors Gross Margin % Chart

International Conveyors 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 31.92 36.75 47.94 45.60 44.47

International Conveyors 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 42.14 47.83 52.16 49.41 37.84

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

For the Specialty Industrial Machinery subindustry, International Conveyors'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.


International Conveyors Gross Margin % vs Industrial Products Industry

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

* The bar in red indicates where International Conveyors's Gross Margin % falls into.


NSE:INTLCONV
82GF Score
International Conveyors Ltd NSE:INTLCONV
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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International Conveyors Gross Margin % Calculation

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

International Conveyors'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 )
=947.7 / 2131.3
=(Revenue - Cost of Goods Sold) / Revenue
=(2131.3 - 1183.6) / 2131.3
=44.47 %

International Conveyors'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 )
=367.2 / 970.3
=(Revenue - Cost of Goods Sold) / Revenue
=(970.3 - 603.1) / 970.3
=37.84 %

* 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 37.84% mean?
International Conveyors (NSE:INTLCONV) has a Gross Margin % of 37.84% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on International Conveyors and its competitors. This is near median its historical median of 41.47. Over the past decade, International Conveyors' Gross Margin % has ranged from 26.34 to 48.33. According to the industry distribution chart, International Conveyors ranks #477 out of 2996 companies in the Industrial Products industry, placing it in the top 15.9%.
Is International Conveyors' Gross Margin % too high?
International Conveyors' current Gross Margin % of 37.84% is near median its 10-year median of 41.47. Over the past 10 years, this metric has ranged from a low of 26.34 to a high of 48.33. The Industrial Products industry median Gross Margin % is 26.80. International Conveyors' value of 37.84% is 41.2% above this industry median. Based on the distribution chart, International Conveyors ranks #477 out of 2996 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, International Conveyors has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does International Conveyors' Gross Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, International Conveyors ranks #477 out of 2996 companies for Gross Margin %. This places International Conveyors in the top 16% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.80. International Conveyors' value of 37.84% is 41.2% above this benchmark. Historically, International Conveyors' own Gross Margin % has ranged from 26.34 to 48.33 over the past decade. While the company's 10-year median is 41.47 vs. the industry median of 26.80, International Conveyors 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 26.80, based on 2,996 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. International Conveyors's current Gross Margin % of 37.84% is 41.2% 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 International Conveyors and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. International Conveyors's current Gross Margin % is 37.84%, which is near median its own 10-year median of 41.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Conveyors stock overvalued right now?
Based on GuruFocus' analysis, International Conveyors (NSE:INTLCONV) is currently considered Possible Value Trap. The stock's GF Value™ is ₹120.74, compared to a current price of ₹79.02 — trading 34.6% below its estimated fair value. The current Gross Margin % is 37.84%, which is near median its 10-year median of 41.47 and 41.2% above the Industrial Products industry median of 26.80. International Conveyors' overall GF Score™ is 82/100 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 International Conveyors (NSE:INTLCONV), the current Gross Margin % is 37.84% 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 International Conveyors (NSE:INTLCONV) Overvalued in 2026?

Based on GuruFocus' analysis, International Conveyors stock appears to be undervalued. The current stock price of ₹79.02 is trading 34.6% below its estimated GF Value™ of ₹120.74. GuruFocus considers International Conveyors to be Possible Value Trap.

Key valuation signals for NSE:INTLCONV:

  • Gross Margin %: 37.84% (near median its 10-year median of 41.47)
  • GF Value™: ₹120.74 vs. price of ₹79.02 (34.6% below fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 41.2% above the Industrial Products median (#477 of 2996)

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


International Conveyors Business Description

Other Exchanges 509709:India
Address Middleton Row, No. 10, Kolkata, WB, IND, 700071
International Conveyors Ltd is engaged in manufacturing and trading of Conveyor belting and fitting and accessories; and generation and sale of power. The company is manufactures and markets solid woven fabric reinforced PVC impregnated and PVC covered fire retardant, anti static conveyor belting. The company operates its business through the segments of Conveyor Belting, Wind Energy, Trading Goods, and Treasury segment. The Conveyor Belting segment, which is the key revenue driver, includes PVC fire-resistant antistatic solid woven coal conveyor belting whereas the Wind Energy segment includes generation, supply, and sale of wind power. The group sells its products in India and also exports them to other countries, of which key revenue is derived from the export sales made.
82GF Score

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

₹79.02
Price
₹120.74
GF Value