Modern Threads (India) (NSE:MODTHREAD) Gross Margin %: 32.02% (As of Mar. 2026) — 59% Above Median


NSE:MODTHREAD Modern Threads (India) Ltd NSE:MODTHREAD
38 GF Score
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What is Modern Threads (India) Gross Margin %?

Modern Threads (India) NSE:MODTHREAD +1.37% 38 Gross Margin % is 32.02% as of Mar. 2026, which is 59% above its 10-year median of 20.17. GuruFocus rates NSE:MODTHREAD with a GF Score™ of 38/100. The stock has 3 warning signs investors should review. Among 1,027 Manufacturing - Apparel & Accessories companies, Modern Threads (India) ranks worse than 51.22% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Modern Threads (India)'s Gross Profit for the three months ended in Mar. 2026 was ₹239 Mil. Modern Threads (India)'s Revenue for the three months ended in Mar. 2026 was ₹745 Mil. Therefore, Modern Threads (India)'s Gross Margin % for the quarter that ended in Mar. 2026 was 32.02%.


The historical rank and industry rank for Modern Threads (India)'s Gross Margin % or its related term are showing as below:

NSE:MODTHREAD' s Gross Margin % Range Over the Past 10 Years
Min: 15.14   Med: 20.17   Max: 27.47
Current: 27.47


During the past 11 years, the highest Gross Margin % of Modern Threads (India) was 27.47%. The lowest was 15.14%. And the median was 20.17%.

NSE:MODTHREAD's Gross Margin % is ranked worse than
51.22% of 1027 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.34 vs NSE:MODTHREAD: 27.47

Modern Threads (India) had a gross margin of 32.02% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Modern Threads (India) was 6.30% per year.


Modern Threads (India)  (NSE:MODTHREAD) 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

Modern Threads (India) had a gross margin of 32.02% 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.


Modern Threads (India) Gross Margin % Related Terms


Modern Threads (India) Gross Margin % Historical Data

* Premium members only.

The historical data trend for Modern Threads (India)'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.

Modern Threads (India) Gross Margin % Chart

Modern Threads (India) 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 21.02 24.06 25.72 23.26 27.47

Modern Threads (India) Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.42 22.11 24.90 30.72 32.02

Modern Threads (India) Gross Margin % Competitor Comparison

For the Textile Manufacturing subindustry, Modern Threads (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.


Modern Threads (India) Gross Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Modern Threads (India)'s Gross Margin % distribution charts can be found below:

* The bar in red indicates where Modern Threads (India)'s Gross Margin % falls into.


NSE:MODTHREAD
38GF Score
Modern Threads (India) Ltd NSE:MODTHREAD
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Modern Threads (India) Gross Margin % Calculation

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

Modern Threads (India)'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 )
=809.8 / 2947.517
=(Revenue - Cost of Goods Sold) / Revenue
=(2947.517 - 2137.716) / 2947.517
=27.47 %

Modern Threads (India)'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 )
=238.6 / 745.034
=(Revenue - Cost of Goods Sold) / Revenue
=(745.034 - 506.452) / 745.034
=32.02 %

* 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 32.02% mean?
Modern Threads (India) (NSE:MODTHREAD) has a Gross Margin % of 32.02% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Modern Threads (India) and its competitors. This is 59% above median its historical median of 20.17. Over the past decade, Modern Threads (India)'s Gross Margin % has ranged from 15.14 to 27.47. According to the industry distribution chart, Modern Threads (India) ranks #526 out of 1027 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 51.2%.
Is Modern Threads (India)'s Gross Margin % too high?
Modern Threads (India)'s current Gross Margin % of 32.02% is 59% above median its 10-year median of 20.17. Over the past 10 years, this metric has ranged from a low of 15.14 to a high of 27.47. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.34. Modern Threads (India)'s value of 32.02% is 13% above this industry median. Based on the distribution chart, Modern Threads (India) ranks #526 out of 1027 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Modern Threads (India) has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Modern Threads (India)'s Gross Margin % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Modern Threads (India) ranks #526 out of 1027 companies for Gross Margin %. This places Modern Threads (India) in the lower half of its industry. The industry median Gross Margin % is 28.34. Modern Threads (India)'s value of 32.02% is 13% above this benchmark. Historically, Modern Threads (India)'s own Gross Margin % has ranged from 15.14 to 27.47 over the past decade. While the company's 10-year median is 20.17 vs. the industry median of 28.34, Modern Threads (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 Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.34, based on 1,027 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. Modern Threads (India)'s current Gross Margin % of 32.02% is 13% 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 Modern Threads (India) and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modern Threads (India)'s current Gross Margin % is 32.02%, which is 59% above median its own 10-year median of 20.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Threads (India) stock overvalued right now?
Modern Threads (India) (NSE:MODTHREAD) has a current Gross Margin % of 32.02%. The current Gross Margin % is 32.02%, which is 59% above median its 10-year median of 20.17 and 13% above the Manufacturing - Apparel & Accessories industry median of 28.34. Modern Threads (India)'s overall GF Score™ is 38/100 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 Modern Threads (India) (NSE:MODTHREAD), the current Gross Margin % is 32.02% 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.

Modern Threads (India) Business Description

Other Exchanges 500282:India
Address Unit: Modern Woollens, Hamirgarh Road, Pragati Path, Near Transport Nagar, Bhilwara, RJ, IND, 311001
Modern Threads (India) Ltd is engaged in the textile industry, manufacturing and selling a diverse products, including worsted yarn, wool tops, wool grease, polyester viscose fiber-dyed yarn, polyester yarn, and lanolin. The company mainly produces worsted yarn, wool tops, and synthetic yarn. Its products are exported to over 25 countries across Europe, Latin America, the Far East, the Middle East, and Africa. Its manufacturing plants are located in Raila and Bhilwara. The company has generated the majority of its revenue from India.
38GF Score

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

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