Madras Fertilizers (NSE:MADRASFERT) Gross Margin %: 41.07% (As of Mar. 2026)


NSE:MADRASFERT Madras Fertilizers Ltd NSE:MADRASFERT
69 GF Score
Price ₹67.00
GF Value ₹257.63
Valuation Possible Value Trap
! 4 Warning Signs
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What is Madras Fertilizers Gross Margin %?

Madras Fertilizers NSE:MADRASFERT -2.57% 69 Gross Margin % is 41.07% as of Mar. 2026. GuruFocus rates NSE:MADRASFERT with a GF Score™ of 69/100 and a GF Value™ of ₹257.63 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 247 Agriculture companies, Madras Fertilizers ranks better than 87.45% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Madras Fertilizers's Gross Profit for the three months ended in Mar. 2026 was ₹2,872 Mil. Madras Fertilizers's Revenue for the three months ended in Mar. 2026 was ₹6,992 Mil. Therefore, Madras Fertilizers's Gross Margin % for the quarter that ended in Mar. 2026 was 41.07%.


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

NSE:MADRASFERT' s Gross Margin % Range Over the Past 10 Years
Min: -735.84   Med: -257.92   Max: 44.63
Current: 43.93


During the past 13 years, the highest Gross Margin % of Madras Fertilizers was 44.63%. The lowest was -735.84%. And the median was -257.92%.

NSE:MADRASFERT's Gross Margin % is ranked better than
87.45% of 247 companies
in the Agriculture industry
Industry Median: 24.81 vs NSE:MADRASFERT: 43.93

Madras Fertilizers had a gross margin of 41.07% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Madras Fertilizers was 0.00% per year.


Madras Fertilizers  (NSE:MADRASFERT) 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

Madras Fertilizers had a gross margin of 41.07% 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.


Madras Fertilizers Gross Margin % Related Terms


Madras Fertilizers Gross Margin % Historical Data

* Premium members only.

The historical data trend for Madras Fertilizers'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.

Madras Fertilizers Gross Margin % Chart

Madras Fertilizers 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 -342.51 -735.84 -407.25 44.63 43.92

Madras Fertilizers 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 36.17 47.83 42.73 43.91 41.07

NSE:MADRASFERT vs CTVA, CF, MOS: Gross Margin % Comparison

For the Agricultural Inputs subindustry, Madras Fertilizers'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.


Madras Fertilizers Gross Margin % vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Madras Fertilizers's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Madras Fertilizers's Gross Margin % falls into.


NSE:MADRASFERT
69GF Score
Madras Fertilizers Ltd NSE:MADRASFERT
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Madras Fertilizers Gross Margin % Calculation

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

Madras Fertilizers'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 )
=10103.7 / 23003.5
=(Revenue - Cost of Goods Sold) / Revenue
=(23003.5 - 12899.8) / 23003.5
=43.92 %

Madras Fertilizers'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 )
=2871.9 / 6992.1
=(Revenue - Cost of Goods Sold) / Revenue
=(6992.1 - 4120.2) / 6992.1
=41.07 %

* 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 41.07% mean?
Madras Fertilizers (NSE:MADRASFERT) has a Gross Margin % of 41.07% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Madras Fertilizers and its competitors. According to the industry distribution chart, Madras Fertilizers ranks #31 out of 247 companies in the Agriculture industry, placing it in the top 12.6%.
Is Madras Fertilizers' Gross Margin % too high?
Madras Fertilizers' current Gross Margin % is 41.07%. The Agriculture industry median Gross Margin % is 24.81. Madras Fertilizers' value of 41.07% is 65.5% above this industry median. Based on the distribution chart, Madras Fertilizers ranks #31 out of 247 companies in the Agriculture industry, which is in the top quartile — a strong position relative to peers. Overall, Madras Fertilizers has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Madras Fertilizers' Gross Margin % compare to CTVA and CF?
According to the Agriculture industry distribution chart, Madras Fertilizers ranks #31 out of 247 companies for Gross Margin %. This places Madras Fertilizers in the top 13% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 24.81. Madras Fertilizers' value of 41.07% is 65.5% above this benchmark. 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 Agriculture company?
The median Gross Margin % among Agriculture companies is 24.81, based on 247 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. Madras Fertilizers's current Gross Margin % of 41.07% is 65.5% 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 Madras Fertilizers and its competitors. For the Agriculture industry, the median Gross Margin % is 24.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Madras Fertilizers's current Gross Margin % is 41.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Madras Fertilizers stock overvalued right now?
Based on GuruFocus' analysis, Madras Fertilizers (NSE:MADRASFERT) is currently considered Possible Value Trap. The stock's GF Value™ is ₹257.63, compared to a current price of ₹67.00 — trading 74% below its estimated fair value. The current Gross Margin % is 41.07% and 65.5% above the Agriculture industry median of 24.81. Madras Fertilizers' 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 Madras Fertilizers (NSE:MADRASFERT), the current Gross Margin % is 41.07% 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 Madras Fertilizers (NSE:MADRASFERT) Overvalued in 2026?

Based on GuruFocus' analysis, Madras Fertilizers stock appears to be undervalued. The current stock price of ₹67.00 is trading 74% below its estimated GF Value™ of ₹257.63. GuruFocus considers Madras Fertilizers to be Possible Value Trap.

Key valuation signals for NSE:MADRASFERT:

  • Gross Margin %: 41.07%
  • GF Value™: ₹257.63 vs. price of ₹67.00 (74% below fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 65.5% above the Agriculture median (#31 of 247)

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


Madras Fertilizers Business Description

Other Exchanges 590134:India
Address Post Bag No. 2, Manali, Chennai, TN, IND, 600068
Madras Fertilizers Ltd is engaged in the manufacture of ammonia, urea, and complex fertilizers. It is also engaged in manufacturing bio-fertilizers and marketing fertilizers and agrochemicals under the brand name Vijay. The company operates through the manufacture and sale of fertilizers segment. It also provides biofertilizers, including Azospirillum for paddy, plantation crops, and other crops; Rhizobium for groundnuts and pulses; and Phosphor Bacteria and NP Bio for various crops.
69GF Score

Get the complete analysis for NSE:MADRASFERT

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

₹67.00
Price
₹257.63
GF Value