Khandwala SecuritiesNSE:KHANDSE +0.06%69 Gross Margin % is 55.89% as of Mar. 2026, which is 21% above its 10-year median of 46.27. GuruFocus rates NSE:KHANDSE with a GF Score™ of 69/100 and a GF Value™ of ₹22.55 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 619 Capital Markets companies, Khandwala Securities ranks better than 53.47% on this metric.
The historical rank and industry rank for Khandwala Securities's Gross Margin % or its related term are showing as below:
NSE:KHANDSE'
s Gross Margin % Range Over the Past 10 Years
Min: 19.69 Med: 46.27 Max: 67.35
Current: 52.97
During the past 13 years, the highestGross Margin % of Khandwala Securities was 67.35%. The lowest was 19.69%. And the median was 46.27%.
NSE:KHANDSE's Gross Margin % is ranked better than 53.47% of 619
companies
in the Capital Markets industry
Industry Median: 49.52
vs NSE:KHANDSE: 52.97
Khandwala Securities had a gross margin of 55.89% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Khandwala Securities was 15.30% per year.
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
Khandwala Securities had a gross margin of 55.89% 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.
Khandwala Securities Gross Margin % Related Terms
Khandwala Securities Gross Margin % Historical Data
* Premium members only.
The historical data trend for Khandwala Securities'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.
NSE:KHANDSE vs MS, GS, SCHW: Gross Margin % Comparison
For the Capital Markets subindustry, Khandwala Securities'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.
Khandwala Securities Gross Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Khandwala Securities's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Khandwala Securities'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.
Khandwala Securities (NSE:KHANDSE) has a Gross Margin % of 55.89% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Khandwala Securities and its competitors. This is 21% above median its historical median of 46.27. Over the past decade, Khandwala Securities' Gross Margin % has ranged from 19.69 to 67.35. According to the industry distribution chart, Khandwala Securities ranks #288 out of 619 companies in the Capital Markets industry, placing it in the top 46.5%.
Is Khandwala Securities' Gross Margin % too high?
Khandwala Securities' current Gross Margin % of 55.89% is 21% above median its 10-year median of 46.27. Over the past 10 years, this metric has ranged from a low of 19.69 to a high of 67.35. The Capital Markets industry median Gross Margin % is 49.52. Khandwala Securities' value of 55.89% is 12.9% above this industry median. Based on the distribution chart, Khandwala Securities ranks #288 out of 619 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Khandwala Securities has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Khandwala Securities' Gross Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Khandwala Securities ranks #288 out of 619 companies for Gross Margin %. This puts Khandwala Securities in the upper half of its industry. The industry median Gross Margin % is 49.52. Khandwala Securities' value of 55.89% is 12.9% above this benchmark. Historically, Khandwala Securities' own Gross Margin % has ranged from 19.69 to 67.35 over the past decade. While the company's 10-year median is 46.27 vs. the industry median of 49.52, Khandwala Securities 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 Capital Markets company?
The median Gross Margin % among Capital Markets companies is 49.52, based on 619 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. Khandwala Securities's current Gross Margin % of 55.89% is 12.9% 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 Khandwala Securities and its competitors. For the Capital Markets industry, the median Gross Margin % is 49.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Khandwala Securities's current Gross Margin % is 55.89%, which is 21% above median its own 10-year median of 46.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Khandwala Securities stock overvalued right now?
Based on GuruFocus' analysis, Khandwala Securities (NSE:KHANDSE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹22.55, compared to a current price of ₹17.55 — trading 22.2% below its estimated fair value. The current Gross Margin % is 55.89%, which is 21% above median its 10-year median of 46.27 and 12.9% above the Capital Markets industry median of 49.52. Khandwala Securities' overall GF Score™ is 69/100 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 Khandwala Securities (NSE:KHANDSE), the current Gross Margin % is 55.89% 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 Khandwala Securities (NSE:KHANDSE) Overvalued in 2026?
Based on GuruFocus' analysis, Khandwala Securities stock appears to be undervalued.
The current stock price of ₹17.55 is trading 22.2% below its estimated GF Value™ of ₹22.55.
GuruFocus considers Khandwala Securities to be Modestly Undervalued.
Key valuation signals for NSE:KHANDSE:
Gross Margin %: 55.89% (21% above median its 10-year median of 46.27)
GF Value™: ₹22.55 vs. price of ₹17.55 (22.2% below fair value)
Industry Position: 12.9% above the Capital Markets median (#288 of 619)
No single metric tells the full story. See the NSE:KHANDSE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Khandwala Securities Ltd is engaged in the capital market business sector. The company offers services such as stock broking, investment banking, portfolio management, research and analysis, and investment advisory, among others. The company is organized into two segments: Fee-based and Investment/Trading in Stock. The Fee-based division provides financial advisory services for mergers and acquisitions, equity and debt issue management, portfolio management, and broking. The Investment and Stock division carries out trading, investing, and speculation activities in capital markets (debt and equity) for the company. The majority of the company's revenue is generated from its Fee-based operations.
69GF Score
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