Manilam Industries IndiaNSE:MANILAM -3.09%10 Gross Margin % is 31.77% as of Sep. 2025, which is 54% above its 10-year median of 20.58. GuruFocus rates NSE:MANILAM with a GF Score™ of 10/100. The stock has 6 warning signs investors should review. Among 396 Building Materials companies, Manilam Industries India ranks better than 63.38% on this metric.
NSE:MANILAM's Gross Margin % is ranked better than 63.38% of 396
companies
in the Building Materials industry
Industry Median: 26.155
vs NSE:MANILAM: 31.77
Manilam Industries India had a gross margin of 31.77% for the quarter that ended in Sep. 2025 => Competition eroding margins
Manilam Industries India (NSE:MANILAM) 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
Manilam Industries India had a gross margin of 31.77% for the quarter that ended in Sep. 2025 => 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.
Manilam Industries India Gross Margin % Related Terms
Manilam Industries India Gross Margin % Historical Data
* 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.
Manilam Industries India Gross Margin % Chart
Manilam Industries India Annual Data
Trend
Mar23
Mar24
Mar25
Gross Margin %
16.76
20.58
27.41
Manilam Industries India Semi-Annual Data
Mar23
Mar24
Mar25
Sep25
Gross Margin %
0.00
0.00
0.00
31.77
NSE:MANILAM vs CRH, VMC, MLM: Gross Margin % Comparison
For the Building Materials subindustry, Manilam Industries 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.
Manilam Industries India Gross Margin % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Manilam Industries India's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Manilam Industries 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.
Manilam Industries India (NSE:MANILAM) has a Gross Margin % of 31.77% as of Sep. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Manilam Industries India and its competitors. This is 54% above median its historical median of 20.58. Over the past decade, Manilam Industries India's Gross Margin % has ranged from 16.76 to 31.77. According to the industry distribution chart, Manilam Industries India ranks #145 out of 396 companies in the Building Materials industry, placing it in the top 36.6%.
Is Manilam Industries India's Gross Margin % too high?
Manilam Industries India's current Gross Margin % of 31.77% is 54% above median its 10-year median of 20.58. Over the past 10 years, this metric has ranged from a low of 16.76 to a high of 31.77. The Building Materials industry median Gross Margin % is 26.16. Manilam Industries India's value of 31.77% is 21.5% above this industry median. Based on the distribution chart, Manilam Industries India ranks #145 out of 396 companies in the Building Materials industry, which is above the industry midpoint. Overall, Manilam Industries India has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Manilam Industries India's Gross Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Manilam Industries India ranks #145 out of 396 companies for Gross Margin %. This puts Manilam Industries India in the upper half of its industry. The industry median Gross Margin % is 26.16. Manilam Industries India's value of 31.77% is 21.5% above this benchmark. Historically, Manilam Industries India's own Gross Margin % has ranged from 16.76 to 31.77 over the past decade. While the company's 10-year median is 20.58 vs. the industry median of 26.16, Manilam Industries India 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 Building Materials company?
The median Gross Margin % among Building Materials companies is 26.16, based on 396 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. Manilam Industries India's current Gross Margin % of 31.77% is 21.5% 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 Manilam Industries India and its competitors. For the Building Materials industry, the median Gross Margin % is 26.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manilam Industries India's current Gross Margin % is 31.77%, which is 54% above median its own 10-year median of 20.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manilam Industries India stock overvalued right now?
Manilam Industries India (NSE:MANILAM) has a current Gross Margin % of 31.77%. The current Gross Margin % is 31.77%, which is 54% above median its 10-year median of 20.58 and 21.5% above the Building Materials industry median of 26.16. Manilam Industries India's overall GF Score™ is 10/100 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 Manilam Industries India (NSE:MANILAM), the current Gross Margin % is 31.77% as of Sep. 2025. 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.
Manilam Industries India Ltd is engaged in the manufacturing and sale of decorative laminates. Its product portfolio includes the Artistica Collection, the Vogue Collection, the Dwar Collection and the Magnificent Collection. Additionally, the company is involved in the trading of plywood serving the industrial and commercial sectors. It operates under the brand name "Manilam". The majority of the company's revenue is derived from the sale of laminates across India. The reportable segments: Within India, and Outside India, of which it derives maximum revenue from India.
10GF Score
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