Le Travenues TechnologyNSE:IXIGO +8.80%39 Gross Margin % is 84.24% as of Mar. 2026, which is 3% above its 10-year median of 82.09. GuruFocus rates NSE:IXIGO with a GF Score™ of 39/100. The stock has 2 warning signs investors should review. Among 790 Travel & Leisure companies, Le Travenues Technology ranks better than 89.87% on this metric.
NSE:IXIGO's Gross Margin % is ranked better than 89.87% of 790
companies
in the Travel & Leisure industry
Industry Median: 44.09
vs NSE:IXIGO: 82.01
Le Travenues Technology had a gross margin of 84.24% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Le Travenues Technology was 0.00% per year.
Le Travenues Technology (NSE:IXIGO) 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
Le Travenues Technology had a gross margin of 84.24% 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.
Le Travenues Technology Gross Margin % Related Terms
Le Travenues Technology Gross Margin % Historical Data
* 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:IXIGO vs BKNG, ABNB, RCL: Gross Margin % Comparison
For the Travel Services subindustry, Le Travenues Technology'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.
Le Travenues Technology Gross Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Le Travenues Technology's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Le Travenues Technology'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.
Le Travenues Technology (NSE:IXIGO) has a Gross Margin % of 84.24% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Le Travenues Technology and its competitors. This is near median its historical median of 82.09. Over the past decade, Le Travenues Technology's Gross Margin % has ranged from 82.01 to 82.10. According to the industry distribution chart, Le Travenues Technology ranks #80 out of 790 companies in the Travel & Leisure industry, placing it in the top 10.1%.
Is Le Travenues Technology's Gross Margin % too high?
Le Travenues Technology's current Gross Margin % of 84.24% is near median its 10-year median of 82.09. Over the past 10 years, this metric has ranged from a low of 82.01 to a high of 82.10. The Travel & Leisure industry median Gross Margin % is 44.09. Le Travenues Technology's value of 84.24% is 91.1% above this industry median. Based on the distribution chart, Le Travenues Technology ranks #80 out of 790 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Le Travenues Technology has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Le Travenues Technology's Gross Margin % compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Le Travenues Technology ranks #80 out of 790 companies for Gross Margin %. This places Le Travenues Technology in the top 10% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 44.09. Le Travenues Technology's value of 84.24% is 91.1% above this benchmark. Historically, Le Travenues Technology's own Gross Margin % has ranged from 82.01 to 82.10 over the past decade. While the company's 10-year median is 82.09 vs. the industry median of 44.09, Le Travenues Technology 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 44.09, based on 790 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. Le Travenues Technology's current Gross Margin % of 84.24% is 91.1% 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 Le Travenues Technology and its competitors. For the Travel & Leisure industry, the median Gross Margin % is 44.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Le Travenues Technology's current Gross Margin % is 84.24%, which is near median its own 10-year median of 82.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Le Travenues Technology stock overvalued right now?
Le Travenues Technology (NSE:IXIGO) has a current Gross Margin % of 84.24%. The current Gross Margin % is 84.24%, which is near median its 10-year median of 82.09 and 91.1% above the Travel & Leisure industry median of 44.09. Le Travenues Technology's overall GF Score™ is 39/100 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 Le Travenues Technology (NSE:IXIGO), the current Gross Margin % is 84.24% 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.
Le Travenues Technology Ltd is a technology company focused on empowering Indian travelers to plan, book, and manage their trips across rail, air, buses, and hotels. It assists travelers in making smarter travel decisions by leveraging artificial intelligence, machine learning, and data science-led innovations on the OTA platforms, comprising its websites and mobile applications. The company's reportable segments include Flight, Train, Bus, and Other services. Maximum revenue is generated from its Train ticketing services followed by the Flight and other segments. Geographically, it predominantly provides services to customers in India.
39GF Score
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