Manorama IndustriesNSE:MANORAMA +1.04%99 Gross Margin % is 40.01% as of Mar. 2026, which is 9% below its 10-year median of 43.81. GuruFocus rates NSE:MANORAMA with a GF Score™ of 99/100 and a GF Value™ of ₹1,938.78 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,899 Consumer Packaged Goods companies, Manorama Industries ranks better than 81.1% on this metric.
The historical rank and industry rank for Manorama Industries's Gross Margin % or its related term are showing as below:
NSE:MANORAMA'
s Gross Margin % Range Over the Past 10 Years
Min: 13.07 Med: 43.81 Max: 51.21
Current: 45.61
During the past 13 years, the highestGross Margin % of Manorama Industries was 51.21%. The lowest was 13.07%. And the median was 43.81%.
NSE:MANORAMA's Gross Margin % is ranked better than 81.1% of 1899
companies
in the Consumer Packaged Goods industry
Industry Median: 26.37
vs NSE:MANORAMA: 45.61
Manorama Industries had a gross margin of 40.01% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Manorama Industries was 3.60% per year.
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
Manorama Industries had a gross margin of 40.01% 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.
Manorama Industries Gross Margin % Related Terms
Manorama Industries Gross Margin % Historical Data
* Premium members only.
The historical data trend for Manorama Industries'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:MANORAMA vs KHC, GIS: Gross Margin % Comparison
For the Packaged Foods subindustry, Manorama Industries'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.
Manorama Industries Gross Margin % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Manorama Industries's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Manorama Industries'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.
Manorama Industries (NSE:MANORAMA) has a Gross Margin % of 40.01% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Manorama Industries and its competitors. This is near median its historical median of 43.81. Over the past decade, Manorama Industries' Gross Margin % has ranged from 13.07 to 51.21. According to the industry distribution chart, Manorama Industries ranks #359 out of 1899 companies in the Consumer Packaged Goods industry, placing it in the top 18.9%.
Is Manorama Industries' Gross Margin % too high?
Manorama Industries' current Gross Margin % of 40.01% is near median its 10-year median of 43.81. Over the past 10 years, this metric has ranged from a low of 13.07 to a high of 51.21. The Consumer Packaged Goods industry median Gross Margin % is 26.37. Manorama Industries' value of 40.01% is 51.7% above this industry median. Based on the distribution chart, Manorama Industries ranks #359 out of 1899 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Manorama Industries has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Manorama Industries' Gross Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Manorama Industries ranks #359 out of 1899 companies for Gross Margin %. This places Manorama Industries in the top 19% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.37. Manorama Industries' value of 40.01% is 51.7% above this benchmark. Historically, Manorama Industries' own Gross Margin % has ranged from 13.07 to 51.21 over the past decade. While the company's 10-year median is 43.81 vs. the industry median of 26.37, Manorama Industries 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 Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.37, based on 1,899 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. Manorama Industries's current Gross Margin % of 40.01% is 51.7% 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 Manorama Industries and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manorama Industries's current Gross Margin % is 40.01%, which is near median its own 10-year median of 43.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manorama Industries stock overvalued right now?
Based on GuruFocus' analysis, Manorama Industries (NSE:MANORAMA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,938.78, compared to a current price of ₹1,581.20 — trading 18.4% below its estimated fair value. The current Gross Margin % is 40.01%, which is near median its 10-year median of 43.81 and 51.7% above the Consumer Packaged Goods industry median of 26.37. Manorama Industries' overall GF Score™ is 99/100 with 2 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 Manorama Industries (NSE:MANORAMA), the current Gross Margin % is 40.01% 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 Manorama Industries (NSE:MANORAMA) Overvalued in 2026?
Based on GuruFocus' analysis, Manorama Industries stock appears to be undervalued.
The current stock price of ₹1,581.20 is trading 18.4% below its estimated GF Value™ of ₹1,938.78.
GuruFocus considers Manorama Industries to be Modestly Undervalued.
Key valuation signals for NSE:MANORAMA:
Gross Margin %: 40.01% (near median its 10-year median of 43.81)
GF Value™: ₹1,938.78 vs. price of ₹1,581.20 (18.4% below fair value)
Industry Position: 51.7% above the Consumer Packaged Goods median (#359 of 1899)
No single metric tells the full story. See the NSE:MANORAMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Manorama Industries Ltd is engaged in the manufacturing, processing, and supply of exotic and specialty fats and oils. The products offered by the company include Sal butter, Sal fat, Sal stearine, Mango butter, Kokum oil, Mowrah fat, and several other value-added, tailor-made products. Its only operating segment is the Manufacturing of Exotic Seed based Fats and Butters including Cocoa Butter Equivalent (CBE). Geographically, the company generates a majority of its revenue from outside India through exports, and the rest from its business within India.
99GF Score
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