JSW Cement (NSE:JSWCEMENT) Gross Margin %: 73.68% (As of Mar. 2026) — Near Median


NSE:JSWCEMENT JSW Cement Ltd NSE:JSWCEMENT
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What is JSW Cement Gross Margin %?

JSW Cement NSE:JSWCEMENT -0.03% 12 Gross Margin % is 73.68% as of Mar. 2026, which is 1% below its 10-year median of 74.46. GuruFocus rates NSE:JSWCEMENT with a GF Score™ of 12/100. The stock has 4 warning signs investors should review. Among 395 Building Materials companies, JSW Cement ranks better than 95.44% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. JSW Cement's Gross Profit for the three months ended in Mar. 2026 was ₹13,962 Mil. JSW Cement's Revenue for the three months ended in Mar. 2026 was ₹18,950 Mil. Therefore, JSW Cement's Gross Margin % for the quarter that ended in Mar. 2026 was 73.68%.


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

NSE:JSWCEMENT' s Gross Margin % Range Over the Past 10 Years
Min: 69.12   Med: 74.46   Max: 75.13
Current: 75.13


During the past 4 years, the highest Gross Margin % of JSW Cement was 75.13%. The lowest was 69.12%. And the median was 74.46%.

NSE:JSWCEMENT's Gross Margin % is ranked better than
95.44% of 395 companies
in the Building Materials industry
Industry Median: 26.18 vs NSE:JSWCEMENT: 75.13

JSW Cement had a gross margin of 73.68% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for JSW Cement was 0.00% per year.


JSW Cement  (NSE:JSWCEMENT) 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

JSW Cement had a gross margin of 73.68% 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.


JSW Cement Gross Margin % Related Terms


JSW Cement Gross Margin % Historical Data

* Premium members only.

The historical data trend for JSW Cement'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.

JSW Cement Gross Margin % Chart

JSW Cement Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Gross Margin %
69.12 74.02 74.89 74.96

JSW Cement Quarterly Data
Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial 75.96 73.62 77.83 74.44 73.68

NSE:JSWCEMENT vs CRH, VMC, MLM: Gross Margin % Comparison

For the Building Materials subindustry, JSW Cement'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.


JSW Cement Gross Margin % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, JSW Cement's Gross Margin % distribution charts can be found below:

* The bar in red indicates where JSW Cement's Gross Margin % falls into.


NSE:JSWCEMENT
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JSW Cement Ltd NSE:JSWCEMENT
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JSW Cement Gross Margin % Calculation

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

JSW Cement'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 )
=48815.7 / 65124.6
=(Revenue - Cost of Goods Sold) / Revenue
=(65124.6 - 16308.9) / 65124.6
=74.96 %

JSW Cement'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 )
=13962.2 / 18949.9
=(Revenue - Cost of Goods Sold) / Revenue
=(18949.9 - 4987.7) / 18949.9
=73.68 %

* 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 73.68% mean?
JSW Cement (NSE:JSWCEMENT) has a Gross Margin % of 73.68% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on JSW Cement and its competitors. This is near median its historical median of 74.46. Over the past decade, JSW Cement's Gross Margin % has ranged from 69.12 to 75.13. According to the industry distribution chart, JSW Cement ranks #18 out of 395 companies in the Building Materials industry, placing it in the top 4.6%.
Is JSW Cement's Gross Margin % too high?
JSW Cement's current Gross Margin % of 73.68% is near median its 10-year median of 74.46. Over the past 10 years, this metric has ranged from a low of 69.12 to a high of 75.13. The Building Materials industry median Gross Margin % is 26.18. JSW Cement's value of 73.68% is 181.4% above this industry median. Based on the distribution chart, JSW Cement ranks #18 out of 395 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, JSW Cement has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does JSW Cement's Gross Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, JSW Cement ranks #18 out of 395 companies for Gross Margin %. This places JSW Cement in the top 5% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.18. JSW Cement's value of 73.68% is 181.4% above this benchmark. Historically, JSW Cement's own Gross Margin % has ranged from 69.12 to 75.13 over the past decade. While the company's 10-year median is 74.46 vs. the industry median of 26.18, JSW Cement 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 Building Materials company?
The median Gross Margin % among Building Materials companies is 26.18, based on 395 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. JSW Cement's current Gross Margin % of 73.68% is 181.4% 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 JSW Cement and its competitors. For the Building Materials industry, the median Gross Margin % is 26.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JSW Cement's current Gross Margin % is 73.68%, which is near median its own 10-year median of 74.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JSW Cement stock overvalued right now?
JSW Cement (NSE:JSWCEMENT) has a current Gross Margin % of 73.68%. The current Gross Margin % is 73.68%, which is near median its 10-year median of 74.46 and 181.4% above the Building Materials industry median of 26.18. JSW Cement's overall GF Score™ is 12/100 with 4 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 JSW Cement (NSE:JSWCEMENT), the current Gross Margin % is 73.68% 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.

JSW Cement Business Description

Other Exchanges 544480:India
Address JSW CENTRE, BANDRA KURLA COMPLEX, MUMBAI, MH, IND, 400051
JSW Cement Ltd is a cement company based in India. Its products include: Cement, additives, plaster, aggregates, ready-mix concrete, cementitious materials.
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