Mangal Electrical Industries (NSE:MEIL) Gross Margin %: 17.14% (As of Mar. 2026) — 20% Below Median


NSE:MEIL Mangal Electrical Industries Ltd NSE:MEIL
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What is Mangal Electrical Industries Gross Margin %?

Mangal Electrical Industries NSE:MEIL +1.98% 18 Gross Margin % is 17.14% as of Mar. 2026, which is 20% below its 10-year median of 21.41. GuruFocus rates NSE:MEIL with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 2,997 Industrial Products companies, Mangal Electrical Industries ranks worse than 66.83% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Mangal Electrical Industries's Gross Profit for the three months ended in Mar. 2026 was ₹308 Mil. Mangal Electrical Industries's Revenue for the three months ended in Mar. 2026 was ₹1,794 Mil. Therefore, Mangal Electrical Industries's Gross Margin % for the quarter that ended in Mar. 2026 was 17.14%.


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

NSE:MEIL' s Gross Margin % Range Over the Past 10 Years
Min: 17.34   Med: 21.41   Max: 24.25
Current: 20.69


During the past 5 years, the highest Gross Margin % of Mangal Electrical Industries was 24.25%. The lowest was 17.34%. And the median was 21.41%.

NSE:MEIL's Gross Margin % is ranked worse than
66.83% of 2997 companies
in the Industrial Products industry
Industry Median: 26.81 vs NSE:MEIL: 20.69

Mangal Electrical Industries had a gross margin of 17.14% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Mangal Electrical Industries was 0.00% per year.


Mangal Electrical Industries  (NSE:MEIL) 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

Mangal Electrical Industries had a gross margin of 17.14% for the quarter that ended in Mar. 2026 => No sustainable 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.


Mangal Electrical Industries Gross Margin % Related Terms


Mangal Electrical Industries Gross Margin % Historical Data

* Premium members only.

The historical data trend for Mangal Electrical 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.

Mangal Electrical Industries Gross Margin % Chart

Mangal Electrical Industries Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
21.41 21.59 17.34 24.25 21.01

Mangal Electrical Industries Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only 25.35 24.12 24.47 21.04 17.14

NSE:MEIL vs VRT, BE: Gross Margin % Comparison

For the Electrical Equipment & Parts subindustry, Mangal Electrical 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.


Mangal Electrical Industries Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mangal Electrical Industries's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Mangal Electrical Industries's Gross Margin % falls into.


NSE:MEIL
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Mangal Electrical Industries Ltd NSE:MEIL
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mangal Electrical Industries Gross Margin % Calculation

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

Mangal Electrical Industries'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 )
=1217.9 / 5796.786
=(Revenue - Cost of Goods Sold) / Revenue
=(5796.786 - 4578.852) / 5796.786
=21.01 %

Mangal Electrical Industries'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 )
=307.5 / 1794.164
=(Revenue - Cost of Goods Sold) / Revenue
=(1794.164 - 1486.629) / 1794.164
=17.14 %

* 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 17.14% mean?
Mangal Electrical Industries (NSE:MEIL) has a Gross Margin % of 17.14% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Mangal Electrical Industries and its competitors. This is 20% below median its historical median of 21.41. Over the past decade, Mangal Electrical Industries' Gross Margin % has ranged from 17.34 to 24.25. According to the industry distribution chart, Mangal Electrical Industries ranks #2003 out of 2997 companies in the Industrial Products industry, placing it in the top 66.8%.
Is Mangal Electrical Industries' Gross Margin % too high?
Mangal Electrical Industries' current Gross Margin % of 17.14% is 20% below median its 10-year median of 21.41. Over the past 10 years, this metric has ranged from a low of 17.34 to a high of 24.25. The Industrial Products industry median Gross Margin % is 26.81. Mangal Electrical Industries' value of 17.14% is 36.1% below this industry median. Based on the distribution chart, Mangal Electrical Industries ranks #2003 out of 2997 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Mangal Electrical Industries has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Mangal Electrical Industries' Gross Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Mangal Electrical Industries ranks #2003 out of 2997 companies for Gross Margin %. This places Mangal Electrical Industries in the lower half of its industry. The industry median Gross Margin % is 26.81. Mangal Electrical Industries' value of 17.14% is 36.1% below this benchmark. Historically, Mangal Electrical Industries' own Gross Margin % has ranged from 17.34 to 24.25 over the past decade. While the company's 10-year median is 21.41 vs. the industry median of 26.81, Mangal Electrical Industries has consistently been below 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 an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.81, based on 2,997 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. Mangal Electrical Industries's current Gross Margin % of 17.14% is 36.1% below 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 Mangal Electrical Industries and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mangal Electrical Industries's current Gross Margin % is 17.14%, which is 20% below median its own 10-year median of 21.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangal Electrical Industries stock overvalued right now?
Mangal Electrical Industries (NSE:MEIL) has a current Gross Margin % of 17.14%. The current Gross Margin % is 17.14%, which is 20% below median its 10-year median of 21.41 and 36.1% below the Industrial Products industry median of 26.81. Mangal Electrical Industries' overall GF Score™ is 18/100 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 Mangal Electrical Industries (NSE:MEIL), the current Gross Margin % is 17.14% 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.

Mangal Electrical Industries Business Description

Other Exchanges 544492:India
Address Road No. 1-C, C-61, C-61, A&B, V. K. I. Area, Jaipur, RJ, IND, 302 013
Mangal Electrical Industries Ltd is mainly involved in the manufacturing of electrical transformers, CRGO, electrical accessories, and related items, and also executes EPC contracts involving electrical items. The company specializes in processing transformer components such as transformer laminations, CRGO slit coils, amorphous cores, coil and core assemblies, wound and toroidal cores, and oil-immersed circuit breakers. It also trades in CRGO and CRNO coils and amorphous ribbons. Additionally, the company manufactures transformers and customized products for the power infrastructure industry, with a range spanning from single-phase 5 KVA to three-phase 10 MVA units, and provides EPC services for setting up electrical substations serving the power sector.
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