IL& FS Investment Managers (NSE:IVC) Gross Margin %: 67.56% (As of Sep. 2025) — Near Median


NSE:IVC IL& FS Investment Managers Ltd NSE:IVC
63 GF Score
Price ₹8.24
GF Value ₹5.79
Valuation Significantly Overvalued
! 9 Warning Signs
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What is IL& FS Investment Managers Gross Margin %?

IL& FS Investment Managers NSE:IVC +1.10% 63 Gross Margin % is 67.56% as of Sep. 2025, which is 5% above its 10-year median of 64.16. GuruFocus rates NSE:IVC with a GF Score™ of 63/100 and a GF Value™ of ₹5.79 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 73 Diversified Financial Services companies, IL& FS Investment Managers ranks better than 76.71% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. IL& FS Investment Managers's Gross Profit for the six months ended in Sep. 2025 was ₹87.6 Mil. IL& FS Investment Managers's Revenue for the six months ended in Sep. 2025 was ₹129.6 Mil. Therefore, IL& FS Investment Managers's Gross Margin % for the quarter that ended in Sep. 2025 was 67.56%.


The historical rank and industry rank for IL& FS Investment Managers's Gross Margin % or its related term are showing as below:

NSE:IVC' s Gross Margin % Range Over the Past 10 Years
Min: 40.63   Med: 64.16   Max: 78.69
Current: 72.46


During the past 13 years, the highest Gross Margin % of IL& FS Investment Managers was 78.69%. The lowest was 40.63%. And the median was 64.16%.

NSE:IVC's Gross Margin % is ranked better than
76.71% of 73 companies
in the Diversified Financial Services industry
Industry Median: 42.14 vs NSE:IVC: 72.46

IL& FS Investment Managers had a gross margin of 67.56% for the quarter that ended in Sep. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for IL& FS Investment Managers was 9.60% per year.


IL& FS Investment Managers  (NSE:IVC) 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

IL& FS Investment Managers had a gross margin of 67.56% for the quarter that ended in Sep. 2025 => 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.


IL& FS Investment Managers Gross Margin % Related Terms


IL& FS Investment Managers Gross Margin % Historical Data

* Premium members only.

The historical data trend for IL& FS Investment Managers'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.

IL& FS Investment Managers Gross Margin % Chart

IL& FS Investment Managers Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.62 63.69 78.69 77.39 66.19

IL& FS Investment Managers Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 73.23 81.24 53.51 76.41 67.56

NSE:IVC vs VOYA, FRHC: Gross Margin % Comparison

For the Financial Conglomerates subindustry, IL& FS Investment Managers'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.


IL& FS Investment Managers Gross Margin % vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, IL& FS Investment Managers's Gross Margin % distribution charts can be found below:

* The bar in red indicates where IL& FS Investment Managers's Gross Margin % falls into.


NSE:IVC
63GF Score
IL& FS Investment Managers Ltd NSE:IVC
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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IL& FS Investment Managers Gross Margin % Calculation

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

IL& FS Investment Managers's Gross Margin for the fiscal year that ended in Mar. 2025 is calculated as

Gross Margin % (A: Mar. 2025 )=Gross Profit (A: Mar. 2025 ) / Revenue (A: Mar. 2025 )
=192.4 / 290.757
=(Revenue - Cost of Goods Sold) / Revenue
=(290.757 - 98.309) / 290.757
=66.19 %

IL& FS Investment Managers's Gross Margin for the quarter that ended in Sep. 2025 is calculated as


Gross Margin % (Q: Sep. 2025 )=Gross Profit (Q: Sep. 2025 ) / Revenue (Q: Sep. 2025 )
=87.6 / 129.635
=(Revenue - Cost of Goods Sold) / Revenue
=(129.635 - 42.059) / 129.635
=67.56 %

* 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 67.56% mean?
IL& FS Investment Managers (NSE:IVC) has a Gross Margin % of 67.56% as of Sep. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on IL& FS Investment Managers and its competitors. This is near median its historical median of 64.16. Over the past decade, IL& FS Investment Managers' Gross Margin % has ranged from 40.63 to 78.69. According to the industry distribution chart, IL& FS Investment Managers ranks #17 out of 73 companies in the Diversified Financial Services industry, placing it in the top 23.3%.
Is IL& FS Investment Managers' Gross Margin % too high?
IL& FS Investment Managers' current Gross Margin % of 67.56% is near median its 10-year median of 64.16. Over the past 10 years, this metric has ranged from a low of 40.63 to a high of 78.69. The Diversified Financial Services industry median Gross Margin % is 42.14. IL& FS Investment Managers' value of 67.56% is 60.3% above this industry median. Based on the distribution chart, IL& FS Investment Managers ranks #17 out of 73 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, IL& FS Investment Managers has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IL& FS Investment Managers' Gross Margin % compare to VOYA and FRHC?
According to the Diversified Financial Services industry distribution chart, IL& FS Investment Managers ranks #17 out of 73 companies for Gross Margin %. This places IL& FS Investment Managers in the top 23% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 42.14. IL& FS Investment Managers' value of 67.56% is 60.3% above this benchmark. Historically, IL& FS Investment Managers' own Gross Margin % has ranged from 40.63 to 78.69 over the past decade. While the company's 10-year median is 64.16 vs. the industry median of 42.14, IL& FS Investment Managers 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 Diversified Financial Services company?
The median Gross Margin % among Diversified Financial Services companies is 42.14, based on 73 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. IL& FS Investment Managers's current Gross Margin % of 67.56% is 60.3% 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 IL& FS Investment Managers and its competitors. For the Diversified Financial Services industry, the median Gross Margin % is 42.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IL& FS Investment Managers's current Gross Margin % is 67.56%, which is near median its own 10-year median of 64.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IL& FS Investment Managers stock overvalued right now?
Based on GuruFocus' analysis, IL& FS Investment Managers (NSE:IVC) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹5.79, compared to a current price of ₹8.24 — trading 42.3% above its estimated fair value. The current Gross Margin % is 67.56%, which is near median its 10-year median of 64.16 and 60.3% above the Diversified Financial Services industry median of 42.14. IL& FS Investment Managers' overall GF Score™ is 63/100 with 9 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 IL& FS Investment Managers (NSE:IVC), the current Gross Margin % is 67.56% as of Sep. 2025. 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 IL& FS Investment Managers (NSE:IVC) Overvalued in 2026?

Based on GuruFocus' analysis, IL& FS Investment Managers stock appears to be overvalued. The current stock price of ₹8.24 is trading 42.3% above its estimated GF Value™ of ₹5.79. GuruFocus considers IL& FS Investment Managers to be Significantly Overvalued.

Key valuation signals for NSE:IVC:

  • Gross Margin %: 67.56% (near median its 10-year median of 64.16)
  • GF Value™: ₹5.79 vs. price of ₹8.24 (42.3% above fair value)
  • GF Score™: 63/100 with 9 warning signs
  • Industry Position: 60.3% above the Diversified Financial Services median (#17 of 73)

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


IL& FS Investment Managers Business Description

Other Exchanges 511208:India
Address The IL&FS Financial Centre, 1st Floor, Plot No. C-22, G Block, Bandra Kurla Complex, Bandra East, Mumbai, MH, IND, 400051
IL& FS Investment Managers Ltd is a company operating in the financial sector. It operates in one business segment fund management and related services. It has also established investment banking, project finance, project development, management and implementation, merchant banking, infrastructure financing, and corporate advisory capabilities.
63GF Score

Get the complete analysis for NSE:IVC

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

₹8.24
Price
₹5.79
GF Value