NSE:KAYNES's Gross Margin % is ranked better than 69.05% of 2449
companies
in the Hardware industry
Industry Median: 24.5
vs NSE:KAYNES: 34.59
Kaynes Technology India had a gross margin of 31.72% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Kaynes Technology India was 2.30% per year.
Kaynes Technology India (NSE:KAYNES) 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
Kaynes Technology India had a gross margin of 31.72% for the quarter that ended in Mar. 2026 => Competition eroding margins
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.
Kaynes Technology India Gross Margin % Related Terms
Kaynes Technology India 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.
For the Electronic Components subindustry, Kaynes Technology India'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.
Kaynes Technology India Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Kaynes Technology India's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Kaynes Technology India'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.
Kaynes Technology India (NSE:KAYNES) has a Gross Margin % of 31.72% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Kaynes Technology India and its competitors. This is near median its historical median of 29.76. Over the past decade, Kaynes Technology India's Gross Margin % has ranged from 25.25 to 34.59. According to the industry distribution chart, Kaynes Technology India ranks #758 out of 2449 companies in the Hardware industry, placing it in the top 31%.
Is Kaynes Technology India's Gross Margin % too high?
Kaynes Technology India's current Gross Margin % of 31.72% is near median its 10-year median of 29.76. Over the past 10 years, this metric has ranged from a low of 25.25 to a high of 34.59. The Hardware industry median Gross Margin % is 24.50. Kaynes Technology India's value of 31.72% is 29.5% above this industry median. Based on the distribution chart, Kaynes Technology India ranks #758 out of 2449 companies in the Hardware industry, which is above the industry midpoint. Overall, Kaynes Technology India has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kaynes Technology India's Gross Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, Kaynes Technology India ranks #758 out of 2449 companies for Gross Margin %. This puts Kaynes Technology India in the upper half of its industry. The industry median Gross Margin % is 24.50. Kaynes Technology India's value of 31.72% is 29.5% above this benchmark. Historically, Kaynes Technology India's own Gross Margin % has ranged from 25.25 to 34.59 over the past decade. While the company's 10-year median is 29.76 vs. the industry median of 24.50, Kaynes Technology India 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.50, based on 2,449 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. Kaynes Technology India's current Gross Margin % of 31.72% is 29.5% 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 Kaynes Technology India and its competitors. For the Hardware industry, the median Gross Margin % is 24.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kaynes Technology India's current Gross Margin % is 31.72%, which is near median its own 10-year median of 29.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaynes Technology India stock overvalued right now?
Based on GuruFocus' analysis, Kaynes Technology India (NSE:KAYNES) is currently considered Possible Value Trap. The stock's GF Value™ is ₹6,789.93, compared to a current price of ₹3,312.60 — trading 51.2% below its estimated fair value. The current Gross Margin % is 31.72%, which is near median its 10-year median of 29.76 and 29.5% above the Hardware industry median of 24.50. Kaynes Technology India's overall GF Score™ is 83/100 with 6 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 Kaynes Technology India (NSE:KAYNES), the current Gross Margin % is 31.72% 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 Kaynes Technology India (NSE:KAYNES) Overvalued in 2026?
Based on GuruFocus' analysis, Kaynes Technology India stock appears to be undervalued.
The current stock price of ₹3,312.60 is trading 51.2% below its estimated GF Value™ of ₹6,789.93.
GuruFocus considers Kaynes Technology India to be Possible Value Trap.
Key valuation signals for NSE:KAYNES:
Gross Margin %: 31.72% (near median its 10-year median of 29.76)
GF Value™: ₹6,789.93 vs. price of ₹3,312.60 (51.2% below fair value)
Industry Position: 29.5% above the Hardware median (#758 of 2449)
No single metric tells the full story. See the NSE:KAYNES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kaynes Technology India Ltd is an end-to-end and IoT solutions-enabled integrated electronics manufacturing company. The company provides conceptual design, process engineering, integrated manufacturing, and life-cycle support for players in the automotive, industrial, aerospace and defense, outer-space, nuclear, medical, railways, Internet of Things, Information Technology and other segments. The Company operates predominantly in one business segment which is Electronics Manufacturing Services.
83GF Score
Get the complete analysis for NSE:KAYNES
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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