Iris Clothings (NSE:IRISDOREME) Gross Margin %: 43.24% (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:IRISDOREME Iris Clothings Ltd NSE:IRISDOREME
83 GF Score
Price ₹57.93
GF Value ₹43.96
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Iris Clothings Gross Margin %?

Iris Clothings NSE:IRISDOREME +0.73% 83 Gross Margin % is 43.24% as of Mar. 2026, which is 3% below its 10-year median of 44.41. GuruFocus rates NSE:IRISDOREME with a GF Score™ of 83/100 and a GF Value™ of ₹43.96 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,025 Manufacturing - Apparel & Accessories companies, Iris Clothings ranks better than 66.15% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Iris Clothings's Gross Profit for the three months ended in Mar. 2026 was ₹261 Mil. Iris Clothings's Revenue for the three months ended in Mar. 2026 was ₹605 Mil. Therefore, Iris Clothings's Gross Margin % for the quarter that ended in Mar. 2026 was 43.24%.


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

NSE:IRISDOREME' s Gross Margin % Range Over the Past 10 Years
Min: 28.47   Med: 44.41   Max: 52
Current: 41.14


During the past 13 years, the highest Gross Margin % of Iris Clothings was 52.00%. The lowest was 28.47%. And the median was 44.41%.

NSE:IRISDOREME's Gross Margin % is ranked better than
66.15% of 1025 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.23 vs NSE:IRISDOREME: 41.14

Iris Clothings had a gross margin of 43.24% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Iris Clothings was 1.30% per year.


Iris Clothings  (NSE:IRISDOREME) 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

Iris Clothings had a gross margin of 43.24% 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.


Iris Clothings Gross Margin % Related Terms


Iris Clothings Gross Margin % Historical Data

* Premium members only.

The historical data trend for Iris Clothings'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.

Iris Clothings Gross Margin % Chart

Iris Clothings 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 43.04 41.45 48.91 47.61 40.43

Iris Clothings Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 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 49.89 48.17 42.75 37.29 43.24

NSE:IRISDOREME vs RL, LEVI, VFC: Gross Margin % Comparison

For the Apparel Manufacturing subindustry, Iris Clothings'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.


Iris Clothings Gross Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Iris Clothings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Iris Clothings's Gross Margin % falls into.


NSE:IRISDOREME
83GF Score
Iris Clothings Ltd NSE:IRISDOREME
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Iris Clothings Gross Margin % Calculation

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

Iris Clothings'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 )
=771.6 / 1908.694
=(Revenue - Cost of Goods Sold) / Revenue
=(1908.694 - 1137.06) / 1908.694
=40.43 %

Iris Clothings'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 )
=261.5 / 604.785
=(Revenue - Cost of Goods Sold) / Revenue
=(604.785 - 343.294) / 604.785
=43.24 %

* 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 43.24% mean?
Iris Clothings (NSE:IRISDOREME) has a Gross Margin % of 43.24% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Iris Clothings and its competitors. This is near median its historical median of 44.41. Over the past decade, Iris Clothings' Gross Margin % has ranged from 28.47 to 52.00. According to the industry distribution chart, Iris Clothings ranks #347 out of 1025 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 33.9%.
Is Iris Clothings' Gross Margin % too high?
Iris Clothings' current Gross Margin % of 43.24% is near median its 10-year median of 44.41. Over the past 10 years, this metric has ranged from a low of 28.47 to a high of 52.00. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.23. Iris Clothings' value of 43.24% is 53.2% above this industry median. Based on the distribution chart, Iris Clothings ranks #347 out of 1025 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Iris Clothings has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Iris Clothings' Gross Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Iris Clothings ranks #347 out of 1025 companies for Gross Margin %. This puts Iris Clothings in the upper half of its industry. The industry median Gross Margin % is 28.23. Iris Clothings' value of 43.24% is 53.2% above this benchmark. Historically, Iris Clothings' own Gross Margin % has ranged from 28.47 to 52.00 over the past decade. While the company's 10-year median is 44.41 vs. the industry median of 28.23, Iris Clothings 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 a Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.23, based on 1,025 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. Iris Clothings's current Gross Margin % of 43.24% is 53.2% 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 Iris Clothings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iris Clothings's current Gross Margin % is 43.24%, which is near median its own 10-year median of 44.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iris Clothings stock overvalued right now?
Based on GuruFocus' analysis, Iris Clothings (NSE:IRISDOREME) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹43.96, compared to a current price of ₹57.93 — trading 31.8% above its estimated fair value. The current Gross Margin % is 43.24%, which is near median its 10-year median of 44.41 and 53.2% above the Manufacturing - Apparel & Accessories industry median of 28.23. Iris Clothings' overall GF Score™ is 83/100 with 5 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 Iris Clothings (NSE:IRISDOREME), the current Gross Margin % is 43.24% 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 Iris Clothings (NSE:IRISDOREME) Overvalued in 2026?

Based on GuruFocus' analysis, Iris Clothings stock appears to be overvalued. The current stock price of ₹57.93 is trading 31.8% above its estimated GF Value™ of ₹43.96. GuruFocus considers Iris Clothings to be Significantly Overvalued.

Key valuation signals for NSE:IRISDOREME:

  • Gross Margin %: 43.24% (near median its 10-year median of 44.41)
  • GF Value™: ₹43.96 vs. price of ₹57.93 (31.8% above fair value)
  • GF Score™: 83/100 with 5 warning signs
  • Industry Position: 53.2% above the Manufacturing - Apparel & Accessories median (#347 of 1025)

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


Iris Clothings Business Description

Address 103/24/1, Foreshore Road, Binani Metal Compound, Shibpur, Howrah, WB, IND, 711102
Iris Clothings Ltd is an India-based company mainly engaged in the manufacturing, designing, branding, and selling of kids' wear under the brand name DoReMe. The company caters to the kids' wear category, mostly juniors, including various kinds of apparel and related products for all infants, boys, and girls. The products offered by the company include tops, t-shirts, pants, shorts, frocks, dresses, and towels.
83GF Score

Get the complete analysis for NSE:IRISDOREME

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

₹57.93
Price
₹43.96
GF Value