Khadim India (NSE:KHADIM) Gross Margin %: 51.48% (As of Mar. 2026) — 44% Above Median


NSE:KHADIM Khadim India Ltd NSE:KHADIM
57 GF Score
Price ₹106.30
GF Value ₹195.53
Valuation Possible Value Trap
! 6 Warning Signs
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What is Khadim India Gross Margin %?

Khadim India NSE:KHADIM -0.56% 57 Gross Margin % is 51.48% as of Mar. 2026, which is 44% above its 10-year median of 35.80. GuruFocus rates NSE:KHADIM with a GF Score™ of 57/100 and a GF Value™ of ₹195.53 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,020 Manufacturing - Apparel & Accessories companies, Khadim India ranks better than 75.69% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Khadim India's Gross Profit for the three months ended in Mar. 2026 was ₹430 Mil. Khadim India's Revenue for the three months ended in Mar. 2026 was ₹836 Mil. Therefore, Khadim India's Gross Margin % for the quarter that ended in Mar. 2026 was 51.48%.


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

NSE:KHADIM' s Gross Margin % Range Over the Past 10 Years
Min: 24.67   Med: 35.8   Max: 54.35
Current: 48.92


During the past 11 years, the highest Gross Margin % of Khadim India was 54.35%. The lowest was 24.67%. And the median was 35.80%.

NSE:KHADIM's Gross Margin % is ranked better than
75.69% of 1020 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.51 vs NSE:KHADIM: 48.92

Khadim India had a gross margin of 51.48% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Khadim India was 16.30% per year.


Khadim India  (NSE:KHADIM) 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

Khadim India had a gross margin of 51.48% 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.


Khadim India Gross Margin % Related Terms


Khadim India Gross Margin % Historical Data

* Premium members only.

The historical data trend for Khadim India'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.

Khadim India Gross Margin % Chart

Khadim India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.41 37.82 50.95 54.35 48.94

Khadim India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 58.67 47.68 47.11 49.94 51.48

NSE:KHADIM vs NKE, DECK, ONON: Gross Margin % Comparison

For the Footwear & Accessories subindustry, Khadim 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.


Khadim India Gross Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Khadim India's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Khadim India's Gross Margin % falls into.


NSE:KHADIM
57GF Score
Khadim India Ltd NSE:KHADIM
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Khadim India Gross Margin % Calculation

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

Khadim India'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 )
=1796.4 / 3670.95
=(Revenue - Cost of Goods Sold) / Revenue
=(3670.95 - 1874.55) / 3670.95
=48.94 %

Khadim India'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 )
=430.1 / 835.55
=(Revenue - Cost of Goods Sold) / Revenue
=(835.55 - 405.44) / 835.55
=51.48 %

* 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 51.48% mean?
Khadim India (NSE:KHADIM) has a Gross Margin % of 51.48% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Khadim India and its competitors. This is 44% above median its historical median of 35.80. Over the past decade, Khadim India's Gross Margin % has ranged from 24.67 to 54.35. According to the industry distribution chart, Khadim India ranks #248 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 24.3%.
Is Khadim India's Gross Margin % too high?
Khadim India's current Gross Margin % of 51.48% is 44% above median its 10-year median of 35.80. Over the past 10 years, this metric has ranged from a low of 24.67 to a high of 54.35. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.51. Khadim India's value of 51.48% is 80.6% above this industry median. Based on the distribution chart, Khadim India ranks #248 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Khadim India has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Khadim India's Gross Margin % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Khadim India ranks #248 out of 1020 companies for Gross Margin %. This places Khadim India in the top 24% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 28.51. Khadim India's value of 51.48% is 80.6% above this benchmark. Historically, Khadim India's own Gross Margin % has ranged from 24.67 to 54.35 over the past decade. While the company's 10-year median is 35.80 vs. the industry median of 28.51, Khadim 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 Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.51, based on 1,020 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. Khadim India's current Gross Margin % of 51.48% is 80.6% 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 Khadim India and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Khadim India's current Gross Margin % is 51.48%, which is 44% above median its own 10-year median of 35.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Khadim India stock overvalued right now?
Based on GuruFocus' analysis, Khadim India (NSE:KHADIM) is currently considered Possible Value Trap. The stock's GF Value™ is ₹195.53, compared to a current price of ₹106.30 — trading 45.6% below its estimated fair value. The current Gross Margin % is 51.48%, which is 44% above median its 10-year median of 35.80 and 80.6% above the Manufacturing - Apparel & Accessories industry median of 28.51. Khadim India's overall GF Score™ is 57/100 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 Khadim India (NSE:KHADIM), the current Gross Margin % is 51.48% 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 Khadim India (NSE:KHADIM) Overvalued in 2026?

Based on GuruFocus' analysis, Khadim India stock appears to be undervalued. The current stock price of ₹106.30 is trading 45.6% below its estimated GF Value™ of ₹195.53. GuruFocus considers Khadim India to be Possible Value Trap.

Key valuation signals for NSE:KHADIM:

  • Gross Margin %: 51.48% (44% above median its 10-year median of 35.80)
  • GF Value™: ₹195.53 vs. price of ₹106.30 (45.6% below fair value)
  • GF Score™: 57/100 with 6 warning signs
  • Industry Position: 80.6% above the Manufacturing - Apparel & Accessories median (#248 of 1020)

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


Khadim India Business Description

Other Exchanges 540775:India
Address 08 Major Arterial Road, 7th Floor, Tower C, RDB Primarc TechPark, Block - AF, New Town (Rajarhat), Kolkata, WB, IND, 7000156
Khadim India Ltd is a wholesaler and retailer of footwear in India. The retail business operates through its retail stores catering to the middle and the upper-middle-income consumers in metros and Tier I - Tier III cities, and the distribution business operates through a network of distributors catering to lower and middle-income consumers in metros and Tier I - Tier III cities. The company generates the majority of revenue from India.
57GF Score

Get the complete analysis for NSE:KHADIM

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

₹106.30
Price
₹195.53
GF Value