ITC HotelsNSE:ITCHOTELS +2.90%28 Gross Margin % is 75.82% as of Mar. 2026, which is 7% above its 10-year median of 70.95. GuruFocus rates NSE:ITCHOTELS with a GF Score™ of 28/100. The stock has 3 warning signs investors should review. Among 793 Travel & Leisure companies, ITC Hotels ranks better than 82.72% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. ITC Hotels's Gross Profit for the
three
months ended in Mar. 2026 was ₹9,431 Mil. ITC Hotels's Revenue for the
three
months ended in Mar. 2026 was ₹12,439 Mil. Therefore, ITC Hotels's Gross Margin % for the quarter that ended in Mar. 2026 was 75.82%.
The historical rank and industry rank for ITC Hotels's Gross Margin % or its related term are showing as below:
NSE:ITCHOTELS'
s Gross Margin % Range Over the Past 10 Years
Min: 70.06 Med: 70.95 Max: 71.84
Current: 71.84
During the past 3 years, the highestGross Margin % of ITC Hotels was 71.84%. The lowest was 70.06%. And the median was 70.95%.
NSE:ITCHOTELS's Gross Margin % is ranked better than 82.72% of 793
companies
in the Travel & Leisure industry
Industry Median: 44.16
vs NSE:ITCHOTELS: 71.84
ITC Hotels had a gross margin of 75.82% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for ITC Hotels was 0.00% per year.
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
ITC Hotels had a gross margin of 75.82% 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.
ITC Hotels Gross Margin % Related Terms
ITC Hotels Gross Margin % Historical Data
* Premium members only.
The historical data trend for ITC Hotels'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.
NSE:ITCHOTELS vs LVS, MGM, WYNN: Gross Margin % Comparison
For the Resorts & Casinos subindustry, ITC Hotels'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.
ITC Hotels Gross Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, ITC Hotels's Gross Margin % distribution charts can be found below:
* The bar in red indicates where ITC Hotels's Gross Margin % falls into.
* 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.
ITC Hotels (NSE:ITCHOTELS) has a Gross Margin % of 75.82% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on ITC Hotels and its competitors. This is near median its historical median of 70.95. Over the past decade, ITC Hotels' Gross Margin % has ranged from 70.06 to 71.84. According to the industry distribution chart, ITC Hotels ranks #137 out of 793 companies in the Travel & Leisure industry, placing it in the top 17.3%.
Is ITC Hotels' Gross Margin % too high?
ITC Hotels' current Gross Margin % of 75.82% is near median its 10-year median of 70.95. Over the past 10 years, this metric has ranged from a low of 70.06 to a high of 71.84. The Travel & Leisure industry median Gross Margin % is 44.16. ITC Hotels' value of 75.82% is 71.7% above this industry median. Based on the distribution chart, ITC Hotels ranks #137 out of 793 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, ITC Hotels has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does ITC Hotels' Gross Margin % compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, ITC Hotels ranks #137 out of 793 companies for Gross Margin %. This places ITC Hotels in the top 17% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 44.16. ITC Hotels' value of 75.82% is 71.7% above this benchmark. Historically, ITC Hotels' own Gross Margin % has ranged from 70.06 to 71.84 over the past decade. While the company's 10-year median is 70.95 vs. the industry median of 44.16, ITC Hotels 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 Travel & Leisure company?
The median Gross Margin % among Travel & Leisure companies is 44.16, based on 793 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. ITC Hotels's current Gross Margin % of 75.82% is 71.7% 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 ITC Hotels and its competitors. For the Travel & Leisure industry, the median Gross Margin % is 44.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ITC Hotels's current Gross Margin % is 75.82%, which is near median its own 10-year median of 70.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ITC Hotels stock overvalued right now?
ITC Hotels (NSE:ITCHOTELS) has a current Gross Margin % of 75.82%. The current Gross Margin % is 75.82%, which is near median its 10-year median of 70.95 and 71.7% above the Travel & Leisure industry median of 44.16. ITC Hotels' overall GF Score™ is 28/100 with 3 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 ITC Hotels (NSE:ITCHOTELS), the current Gross Margin % is 75.82% 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.
ITC Hotels Ltd is engaged in hospitality services, offering a collection of hotels and resorts. The group operates under six brands: ITC Hotels and Mementos in the luxury segment, Storii in the boutique premium segment, Welcomhotel in the upper upscale category, Fortune in the midscale segment, and WelcomHeritage in the heritage leisure space. The company operates within and outside India, with the majority of revenue from the India, as the majority of its location is within India, like Agra, New Delhi, Mumbai, Chennai, and many more top cities.
28GF Score
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