Manav infra projects (NSE:MANAV) Gross Margin %: 95.15% (As of Mar. 2026) — 48% Above Median


NSE:MANAV Manav infra projects Ltd NSE:MANAV
74 GF Score
Price ₹34.75
GF Value ₹28.66
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Manav infra projects Gross Margin %?

Manav infra projects NSE:MANAV 74 Gross Margin % is 95.15% as of Mar. 2026, which is 48% above its 10-year median of 64.13. GuruFocus rates NSE:MANAV with a GF Score™ of 74/100 and a GF Value™ of ₹28.66 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,718 Construction companies, Manav infra projects ranks better than 98.95% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Manav infra projects's Gross Profit for the six months ended in Mar. 2026 was ₹395.4 Mil. Manav infra projects's Revenue for the six months ended in Mar. 2026 was ₹415.6 Mil. Therefore, Manav infra projects's Gross Margin % for the quarter that ended in Mar. 2026 was 95.15%.


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

NSE:MANAV' s Gross Margin % Range Over the Past 10 Years
Min: 44.48   Med: 64.13   Max: 96.01
Current: 95.15


During the past 13 years, the highest Gross Margin % of Manav infra projects was 96.01%. The lowest was 44.48%. And the median was 64.13%.

NSE:MANAV's Gross Margin % is ranked better than
98.95% of 1718 companies
in the Construction industry
Industry Median: 20.785 vs NSE:MANAV: 95.15

Manav infra projects had a gross margin of 95.15% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Manav infra projects was 17.90% per year.


Manav infra projects  (NSE:MANAV) 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

Manav infra projects had a gross margin of 95.15% 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.


Manav infra projects Gross Margin % Related Terms


Manav infra projects Gross Margin % Historical Data

* Premium members only.

The historical data trend for Manav infra projects'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.

Manav infra projects Gross Margin % Chart

Manav infra projects 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 44.48 52.53 60.82 93.94 95.15

Manav infra projects Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 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 44.48 52.53 60.82 93.94 95.15

NSE:MANAV vs PWR, FIX, EME: Gross Margin % Comparison

For the Engineering & Construction subindustry, Manav infra projects'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.


Manav infra projects Gross Margin % vs Construction Industry

For the Construction industry and Industrials sector, Manav infra projects's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Manav infra projects's Gross Margin % falls into.


NSE:MANAV
74GF Score
Manav infra projects Ltd NSE:MANAV
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Manav infra projects Gross Margin % Calculation

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

Manav infra projects'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 )
=395.4 / 415.577
=(Revenue - Cost of Goods Sold) / Revenue
=(415.577 - 20.144) / 415.577
=95.15 %

Manav infra projects'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 )
=395.4 / 415.577
=(Revenue - Cost of Goods Sold) / Revenue
=(415.577 - 20.144) / 415.577
=95.15 %

* 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 95.15% mean?
Manav infra projects (NSE:MANAV) has a Gross Margin % of 95.15% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Manav infra projects and its competitors. This is 48% above median its historical median of 64.13. Over the past decade, Manav infra projects' Gross Margin % has ranged from 44.48 to 96.01. According to the industry distribution chart, Manav infra projects ranks #18 out of 1718 companies in the Construction industry, placing it in the top 1%.
Is Manav infra projects' Gross Margin % too high?
Manav infra projects' current Gross Margin % of 95.15% is 48% above median its 10-year median of 64.13. Over the past 10 years, this metric has ranged from a low of 44.48 to a high of 96.01. The Construction industry median Gross Margin % is 20.79. Manav infra projects' value of 95.15% is 357.8% above this industry median. Based on the distribution chart, Manav infra projects ranks #18 out of 1718 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Manav infra projects has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Manav infra projects' Gross Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Manav infra projects ranks #18 out of 1718 companies for Gross Margin %. This places Manav infra projects in the top 1% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 20.79. Manav infra projects' value of 95.15% is 357.8% above this benchmark. Historically, Manav infra projects' own Gross Margin % has ranged from 44.48 to 96.01 over the past decade. While the company's 10-year median is 64.13 vs. the industry median of 20.79, Manav infra projects 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 Construction company?
The median Gross Margin % among Construction companies is 20.79, based on 1,718 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. Manav infra projects's current Gross Margin % of 95.15% is 357.8% 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 Manav infra projects and its competitors. For the Construction industry, the median Gross Margin % is 20.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manav infra projects's current Gross Margin % is 95.15%, which is 48% above median its own 10-year median of 64.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manav infra projects stock overvalued right now?
Based on GuruFocus' analysis, Manav infra projects (NSE:MANAV) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹28.66, compared to a current price of ₹34.75 — trading 21.2% above its estimated fair value. The current Gross Margin % is 95.15%, which is 48% above median its 10-year median of 64.13 and 357.8% above the Construction industry median of 20.79. Manav infra projects' overall GF Score™ is 74/100 with 3 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 Manav infra projects (NSE:MANAV), the current Gross Margin % is 95.15% 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 Manav infra projects (NSE:MANAV) Overvalued in 2026?

Based on GuruFocus' analysis, Manav infra projects stock appears to be overvalued. The current stock price of ₹34.75 is trading 21.2% above its estimated GF Value™ of ₹28.66. GuruFocus considers Manav infra projects to be Modestly Overvalued.

Key valuation signals for NSE:MANAV:

  • Gross Margin %: 95.15% (48% above median its 10-year median of 64.13)
  • GF Value™: ₹28.66 vs. price of ₹34.75 (21.2% above fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 357.8% above the Construction median (#18 of 1718)

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


Manav infra projects Business Description

Address Akurli Road, 226, Gundecha Industrial - Complex, Near Growels Mall, Kandivali (East), Mumbai, MH, IND, 400101
Manav infra projects Ltd is s engaged in infrastructure Development, Infrastructure projects, works Contracts, Site preparation and Clearance services to Real estate sector. It involves civil construction services such as piling, excavation, road construction, land leveling. It also provides earth moving machines and construction equipment on rent for infrastructure and construction-related work. Some of the company's projects include Sevens Sagbag, Aroha, HDIL Commercial Basement Work and others.
74GF Score

Get the complete analysis for NSE:MANAV

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

₹34.75
Price
₹28.66
GF Value