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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Leap IndiaNSE:LEAPIND +4.10%17 Gross Margin % is 0.00% as of Mar. 2026. GuruFocus rates NSE:LEAPIND with a GF Score™ of 17/100. The stock has 1 warning sign investors should review. Among 987 Transportation companies, Leap India ranks worse than 101317.02% on this metric.
The historical rank and industry rank for Leap India's Gross Margin % or its related term are showing as below:
During the past 4 years, the highestGross Margin % of Leap India was 45.30%. The lowest was 38.73%. And the median was 43.44%.
NSE:LEAPIND's Gross Margin % is not ranked *
in the Transportation industry.
Industry Median: 20.76 * Ranked among companies with meaningful Gross Margin % only.
Leap India had a gross margin of N/A% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Leap India was 0.00% per year.
Leap India (NSE:LEAPIND) 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
Leap India had a gross margin of N/A% for the quarter that ended in Mar. 2026 => No sustainable 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.
Leap India Gross Margin % Related Terms
Leap India Gross Margin % Historical Data
* Premium members only.
The historical data trend for Leap 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.
Leap India Gross Margin % Chart
Leap India Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
Gross Margin %
38.73
44.48
42.40
45.30
Leap India Quarterly Data
Mar23
Mar24
Mar25
Mar26
Gross Margin %
0.00
0.00
0.00
0.00
NSE:LEAPIND vs UPS, FDX, EXPD: Gross Margin % Comparison
For the Integrated Freight & Logistics subindustry, Leap 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.
Leap India Gross Margin % vs Transportation Industry
For the Transportation industry and Industrials sector, Leap India's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Leap 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.
Leap India (NSE:LEAPIND) has a Gross Margin % of 0.00% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Leap India and its competitors. Over the past decade, Leap India's Gross Margin % has ranged from 38.73 to 45.30. According to the industry distribution chart, Leap India ranks #999999 out of 987 companies in the Transportation industry.
Is Leap India's Gross Margin % too high?
Leap India's current Gross Margin % is 0.00%. Over the past 10 years, this metric has ranged from a low of 38.73 to a high of 45.30. Based on the distribution chart, Leap India ranks #999999 out of 987 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Leap India has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Leap India's Gross Margin % compare to UPS and FDX?
According to the Transportation industry distribution chart, Leap India ranks #999999 out of 987 companies for Gross Margin %. This places Leap India in the lower half of its industry. The industry median Gross Margin % is 20.76. Historically, Leap India's own Gross Margin % has ranged from 38.73 to 45.30 over the past decade. 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 Transportation company?
The median Gross Margin % among Transportation companies is 20.76, based on 987 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. 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 Leap India and its competitors. For the Transportation industry, the median Gross Margin % is 20.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leap India's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leap India stock overvalued right now?
Leap India (NSE:LEAPIND) has a current Gross Margin % of 0.00%. The current Gross Margin % is 0.00%. Leap India's overall GF Score™ is 17/100 with 1 warning sign 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 Leap India (NSE:LEAPIND), the current Gross Margin % is 0.00% 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.
Leap India Ltd provides technology-enabled supply chain solutions for the automotive and fast-moving consumer goods (FMCG) industries. Its services include asset pooling, warehousing, storage, transportation, and packaging solutions, using products such as pallets and containers. The company's solutions support the movement of goods across the supply chain, from manufacturing and distribution to retail. The company falls within a single operating segment of pooling (for hire), trading of pallets and crates and services. The amjority of revenue is derived from the pallet pooling business.
17GF Score
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