Krishna Defence & Allied Industries (NSE:KRISHNADEF) Gross Margin %: 32.12% (As of Mar. 2026) — 18% Below Median

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NSE:KRISHNADEF Krishna Defence & Allied Industries Ltd NSE:KRISHNADEF
88 GF Score
Price ₹1,316.80
GF Value ₹1,197.41
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Krishna Defence & Allied Industries Gross Margin %?

Krishna Defence & Allied Industries NSE:KRISHNADEF +0.57% 88 Gross Margin % is 32.12% as of Mar. 2026, which is 18% below its 10-year median of 38.94. GuruFocus rates NSE:KRISHNADEF with a GF Score™ of 88/100 and a GF Value™ of ₹1,197.41 (Fairly Valued). The stock has 6 warning signs investors should review. Among 3,000 Industrial Products companies, Krishna Defence & Allied Industries ranks better than 74.03% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Krishna Defence & Allied Industries's Gross Profit for the three months ended in Mar. 2026 was ₹189 Mil. Krishna Defence & Allied Industries's Revenue for the three months ended in Mar. 2026 was ₹588 Mil. Therefore, Krishna Defence & Allied Industries's Gross Margin % for the quarter that ended in Mar. 2026 was 32.12%.

Warning Sign:

Krishna Defence & Allied Industries Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.1%.


The historical rank and industry rank for Krishna Defence & Allied Industries's Gross Margin % or its related term are showing as below:

NSE:KRISHNADEF' s Gross Margin % Range Over the Past 10 Years
Min: 30.94   Med: 38.94   Max: 66.57
Current: 37.23


During the past 8 years, the highest Gross Margin % of Krishna Defence & Allied Industries was 66.57%. The lowest was 30.94%. And the median was 38.94%.

NSE:KRISHNADEF's Gross Margin % is ranked better than
74.03% of 3000 companies
in the Industrial Products industry
Industry Median: 26.82 vs NSE:KRISHNADEF: 37.23

Krishna Defence & Allied Industries had a gross margin of 32.12% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Krishna Defence & Allied Industries was -4.10% per year.


Krishna Defence & Allied Industries  (NSE:KRISHNADEF) 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

Krishna Defence & Allied Industries had a gross margin of 32.12% 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.


Krishna Defence & Allied Industries Gross Margin % Related Terms


Krishna Defence & Allied Industries Gross Margin % Historical Data

* Premium members only.

The historical data trend for Krishna Defence & Allied Industries'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.

Krishna Defence & Allied Industries Gross Margin % Chart

Krishna Defence & Allied Industries Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial 43.31 39.78 37.67 34.61 38.09

Krishna Defence & Allied Industries Quarterly Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Dec24 Mar25 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 28.05 42.10 0.00 41.95 32.12

NSE:KRISHNADEF vs GEV, ETN, PH: Gross Margin % Comparison

For the Specialty Industrial Machinery subindustry, Krishna Defence & Allied Industries'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.


Krishna Defence & Allied Industries Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Krishna Defence & Allied Industries's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Krishna Defence & Allied Industries's Gross Margin % falls into.


NSE:KRISHNADEF
88GF Score
Krishna Defence & Allied Industries Ltd NSE:KRISHNADEF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Krishna Defence & Allied Industries Gross Margin % Calculation

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

Krishna Defence & Allied Industries'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 )
=909.2 / 2387.222
=(Revenue - Cost of Goods Sold) / Revenue
=(2387.222 - 1478.034) / 2387.222
=38.09 %

Krishna Defence & Allied Industries'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 )
=188.8 / 587.86
=(Revenue - Cost of Goods Sold) / Revenue
=(587.86 - 399.04) / 587.86
=32.12 %

* 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 32.12% mean?
Krishna Defence & Allied Industries (NSE:KRISHNADEF) has a Gross Margin % of 32.12% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Krishna Defence & Allied Industries and its competitors. This is 18% below median its historical median of 38.94. Over the past decade, Krishna Defence & Allied Industries' Gross Margin % has ranged from 30.94 to 66.57. According to the industry distribution chart, Krishna Defence & Allied Industries ranks #779 out of 3000 companies in the Industrial Products industry, placing it in the top 26%.
Is Krishna Defence & Allied Industries' Gross Margin % too high?
Krishna Defence & Allied Industries' current Gross Margin % of 32.12% is 18% below median its 10-year median of 38.94. Over the past 10 years, this metric has ranged from a low of 30.94 to a high of 66.57. The Industrial Products industry median Gross Margin % is 26.82. Krishna Defence & Allied Industries' value of 32.12% is 19.8% above this industry median. Based on the distribution chart, Krishna Defence & Allied Industries ranks #779 out of 3000 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Krishna Defence & Allied Industries has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Krishna Defence & Allied Industries' Gross Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Krishna Defence & Allied Industries ranks #779 out of 3000 companies for Gross Margin %. This puts Krishna Defence & Allied Industries in the upper half of its industry. The industry median Gross Margin % is 26.82. Krishna Defence & Allied Industries' value of 32.12% is 19.8% above this benchmark. Historically, Krishna Defence & Allied Industries' own Gross Margin % has ranged from 30.94 to 66.57 over the past decade. While the company's 10-year median is 38.94 vs. the industry median of 26.82, Krishna Defence & Allied Industries 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 an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.82, based on 3,000 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. Krishna Defence & Allied Industries's current Gross Margin % of 32.12% is 19.8% 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 Krishna Defence & Allied Industries and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Krishna Defence & Allied Industries's current Gross Margin % is 32.12%, which is 18% below median its own 10-year median of 38.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Krishna Defence & Allied Industries stock overvalued right now?
Based on GuruFocus' analysis, Krishna Defence & Allied Industries (NSE:KRISHNADEF) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,197.41, compared to a current price of ₹1,316.80 — trading 10% above its estimated fair value. The current Gross Margin % is 32.12%, which is 18% below median its 10-year median of 38.94 and 19.8% above the Industrial Products industry median of 26.82. Krishna Defence & Allied Industries' overall GF Score™ is 88/100 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 Krishna Defence & Allied Industries (NSE:KRISHNADEF), the current Gross Margin % is 32.12% 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 Krishna Defence & Allied Industries (NSE:KRISHNADEF) Overvalued in 2026?

Based on GuruFocus' analysis, Krishna Defence & Allied Industries stock appears to be overvalued. The current stock price of ₹1,316.80 is trading 10% above its estimated GF Value™ of ₹1,197.41. GuruFocus considers Krishna Defence & Allied Industries to be Fairly Valued.

Key valuation signals for NSE:KRISHNADEF:

  • Gross Margin %: 32.12% (18% below median its 10-year median of 38.94)
  • GF Value™: ₹1,197.41 vs. price of ₹1,316.80 (10% above fair value)
  • GF Score™: 88/100 with 6 warning signs
  • Industry Position: 19.8% above the Industrial Products median (#779 of 3000)

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


Krishna Defence & Allied Industries Business Description

Address Delisle Road, Ganapatrao Kadam Marg, Office No. 344, Floor-3, Plot-267, A To Z Industrial Estate, Lower Parel (West), Mumbai, MH, IND, 400013
Krishna Defence & Allied Industries Ltd develops, manufactures, and designs defense application products and kitchen and dairy equipment products. It manufactures and offers a wide line of products including Ballast Bricks, Improvised Explosive Device Containment Vessels, Automatic Tyre Killer, Crowd Control Barriers, Bulk milk coolers with thermal storage systems, Cow Grooming Brushes, Daal Cooker, Rice Storage Chute, Stainless Steel Milk Cans, Heat Recovery Unit, Bulk Cooking Equipment like Rice Cauldron, Ship Building Steel section and others. It has two operating reportable segments as Dairy & Kitchen equipment segment and the Defence Products. The company generates maximum revenue from the Defence Products segment.
88GF Score

Get the complete analysis for NSE:KRISHNADEF

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

₹1,316.80
Price
₹1,197.41
GF Value