Maithan AlloysNSE:MAITHANALL -0.13%78 Gross Margin % is 34.96% as of Mar. 2026, which is 43% above its 10-year median of 24.47. GuruFocus rates NSE:MAITHANALL with a GF Score™ of 78/100 and a GF Value™ of ₹1,152.27 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 592 Steel companies, Maithan Alloys ranks better than 79.9% on this metric.
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
Maithan Alloys had a gross margin of 34.96% 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.
Maithan Alloys Gross Margin % Related Terms
Maithan Alloys Gross Margin % Historical Data
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The historical data trend for Maithan Alloys'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:MAITHANALL vs NUE, STLD, RS: Gross Margin % Comparison
For the Steel subindustry, Maithan Alloys'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.
Maithan Alloys Gross Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Maithan Alloys's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Maithan Alloys'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.
Maithan Alloys (NSE:MAITHANALL) has a Gross Margin % of 34.96% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Maithan Alloys and its competitors. This is 43% above median its historical median of 24.47. Over the past decade, Maithan Alloys' Gross Margin % has ranged from 15.73 to 46.69. According to the industry distribution chart, Maithan Alloys ranks #119 out of 592 companies in the Steel industry, placing it in the top 20.1%.
Is Maithan Alloys' Gross Margin % too high?
Maithan Alloys' current Gross Margin % of 34.96% is 43% above median its 10-year median of 24.47. Over the past 10 years, this metric has ranged from a low of 15.73 to a high of 46.69. The Steel industry median Gross Margin % is 12.55. Maithan Alloys' value of 34.96% is 178.6% above this industry median. Based on the distribution chart, Maithan Alloys ranks #119 out of 592 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Maithan Alloys has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Maithan Alloys' Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Maithan Alloys ranks #119 out of 592 companies for Gross Margin %. This places Maithan Alloys in the top 20% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 12.55. Maithan Alloys' value of 34.96% is 178.6% above this benchmark. Historically, Maithan Alloys' own Gross Margin % has ranged from 15.73 to 46.69 over the past decade. While the company's 10-year median is 24.47 vs. the industry median of 12.55, Maithan Alloys 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 Steel company?
The median Gross Margin % among Steel companies is 12.55, based on 592 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. Maithan Alloys's current Gross Margin % of 34.96% is 178.6% 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 Maithan Alloys and its competitors. For the Steel industry, the median Gross Margin % is 12.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maithan Alloys's current Gross Margin % is 34.96%, which is 43% above median its own 10-year median of 24.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maithan Alloys stock overvalued right now?
Based on GuruFocus' analysis, Maithan Alloys (NSE:MAITHANALL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,152.27, compared to a current price of ₹993.00 — trading 13.8% below its estimated fair value. The current Gross Margin % is 34.96%, which is 43% above median its 10-year median of 24.47 and 178.6% above the Steel industry median of 12.55. Maithan Alloys' overall GF Score™ is 78/100 with 5 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 Maithan Alloys (NSE:MAITHANALL), the current Gross Margin % is 34.96% 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 Maithan Alloys (NSE:MAITHANALL) Overvalued in 2026?
Based on GuruFocus' analysis, Maithan Alloys stock appears to be undervalued.
The current stock price of ₹993.00 is trading 13.8% below its estimated GF Value™ of ₹1,152.27.
GuruFocus considers Maithan Alloys to be Modestly Undervalued.
Key valuation signals for NSE:MAITHANALL:
Gross Margin %: 34.96% (43% above median its 10-year median of 24.47)
GF Value™: ₹1,152.27 vs. price of ₹993.00 (13.8% below fair value)
Industry Position: 178.6% above the Steel median (#119 of 592)
No single metric tells the full story. See the NSE:MAITHANALL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Maithan Alloys Ltd is an India-based company engaged in the business of manufacturing and exporting all three bulk Ferroalloys- Ferro Manganese, Silico Manganese, and Ferro Silicon. It is also involved in the generation and supply of Wind Power and has a Captive Power Plant. Geographically the group has a business presence in India and Outside India, of which key revenue is derived from Outside India.
78GF Score
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