Morepen Laboratories (NSE:MOREPENLAB) Gross Margin %: 44.10% (As of Jun. 2026) — 27% Above Median

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NSE:MOREPENLAB Morepen Laboratories Ltd NSE:MOREPENLAB
74 GF Score
Price ₹79.16
GF Value ₹50.28
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Morepen Laboratories Gross Margin %?

Morepen Laboratories NSE:MOREPENLAB -1.36% 74 Gross Margin % is 44.10% as of Jun. 2026, which is 27% above its 10-year median of 34.81. GuruFocus rates NSE:MOREPENLAB with a GF Score™ of 74/100 and a GF Value™ of ₹50.28 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 940 Drug Manufacturers companies, Morepen Laboratories ranks worse than 68.72% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Morepen Laboratories's Gross Profit for the three months ended in Jun. 2026 was ₹2,514 Mil. Morepen Laboratories's Revenue for the three months ended in Jun. 2026 was ₹5,701 Mil. Therefore, Morepen Laboratories's Gross Margin % for the quarter that ended in Jun. 2026 was 44.10%.


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

NSE:MOREPENLAB' s Gross Margin % Range Over the Past 10 Years
Min: 31.18   Med: 34.81   Max: 38.15
Current: 37.79


During the past 13 years, the highest Gross Margin % of Morepen Laboratories was 38.15%. The lowest was 31.18%. And the median was 34.81%.

NSE:MOREPENLAB's Gross Margin % is ranked worse than
68.72% of 940 companies
in the Drug Manufacturers industry
Industry Median: 48.35 vs NSE:MOREPENLAB: 37.79

Morepen Laboratories had a gross margin of 44.10% for the quarter that ended in Jun. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Morepen Laboratories was 3.60% per year.


Morepen Laboratories  (NSE:MOREPENLAB) 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

Morepen Laboratories had a gross margin of 44.10% for the quarter that ended in Jun. 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.


Morepen Laboratories Gross Margin % Related Terms


Morepen Laboratories Gross Margin % Historical Data

* Premium members only.

The historical data trend for Morepen Laboratories'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.

Morepen Laboratories Gross Margin % Chart

Morepen Laboratories 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 31.18 31.37 35.59 36.01 37.78

Morepen Laboratories Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 38.30 35.81 38.59 38.21 44.10

NSE:MOREPENLAB vs ZTS: Gross Margin % Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Morepen Laboratories'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.


Morepen Laboratories Gross Margin % vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Morepen Laboratories's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Morepen Laboratories's Gross Margin % falls into.


NSE:MOREPENLAB
74GF Score
Morepen Laboratories Ltd NSE:MOREPENLAB
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Morepen Laboratories Gross Margin % Calculation

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

Morepen Laboratories'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 )
=6822.8 / 18056.915
=(Revenue - Cost of Goods Sold) / Revenue
=(18056.915 - 11234.165) / 18056.915
=37.78 %

Morepen Laboratories's Gross Margin for the quarter that ended in Jun. 2026 is calculated as


Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=2514.2 / 5701.281
=(Revenue - Cost of Goods Sold) / Revenue
=(5701.281 - 3187.035) / 5701.281
=44.10 %

* 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 44.10% mean?
Morepen Laboratories (NSE:MOREPENLAB) has a Gross Margin % of 44.10% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Morepen Laboratories and its competitors. This is 27% above median its historical median of 34.81. Over the past decade, Morepen Laboratories' Gross Margin % has ranged from 31.18 to 38.15. According to the industry distribution chart, Morepen Laboratories ranks #646 out of 940 companies in the Drug Manufacturers industry, placing it in the top 68.7%.
Is Morepen Laboratories' Gross Margin % too high?
Morepen Laboratories' current Gross Margin % of 44.10% is 27% above median its 10-year median of 34.81. Over the past 10 years, this metric has ranged from a low of 31.18 to a high of 38.15. The Drug Manufacturers industry median Gross Margin % is 48.35. Morepen Laboratories' value of 44.10% is 8.8% below this industry median. Based on the distribution chart, Morepen Laboratories ranks #646 out of 940 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Morepen Laboratories has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Morepen Laboratories' Gross Margin % compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Morepen Laboratories ranks #646 out of 940 companies for Gross Margin %. This places Morepen Laboratories in the lower half of its industry. The industry median Gross Margin % is 48.35. Morepen Laboratories' value of 44.10% is 8.8% below this benchmark. Historically, Morepen Laboratories' own Gross Margin % has ranged from 31.18 to 38.15 over the past decade. While the company's 10-year median is 34.81 vs. the industry median of 48.35, Morepen Laboratories 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 a Drug Manufacturers company?
The median Gross Margin % among Drug Manufacturers companies is 48.35, based on 940 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. Morepen Laboratories's current Gross Margin % of 44.10% is 8.8% 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 Morepen Laboratories and its competitors. For the Drug Manufacturers industry, the median Gross Margin % is 48.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morepen Laboratories's current Gross Margin % is 44.10%, which is 27% above median its own 10-year median of 34.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morepen Laboratories stock overvalued right now?
Based on GuruFocus' analysis, Morepen Laboratories (NSE:MOREPENLAB) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹50.28, compared to a current price of ₹79.16 — trading 57.4% above its estimated fair value. The current Gross Margin % is 44.10%, which is 27% above median its 10-year median of 34.81 and 8.8% below the Drug Manufacturers industry median of 48.35. Morepen Laboratories' overall GF Score™ is 74/100 with 9 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 Morepen Laboratories (NSE:MOREPENLAB), the current Gross Margin % is 44.10% as of Jun. 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 Morepen Laboratories (NSE:MOREPENLAB) Overvalued in 2026?

Based on GuruFocus' analysis, Morepen Laboratories stock appears to be overvalued. The current stock price of ₹79.16 is trading 57.4% above its estimated GF Value™ of ₹50.28. GuruFocus considers Morepen Laboratories to be Significantly Overvalued.

Key valuation signals for NSE:MOREPENLAB:

  • Gross Margin %: 44.10% (27% above median its 10-year median of 34.81)
  • GF Value™: ₹50.28 vs. price of ₹79.16 (57.4% above fair value)
  • GF Score™: 74/100 with 9 warning signs
  • Industry Position: 8.8% below the Drug Manufacturers median (#646 of 940)

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


Morepen Laboratories Business Description

Other Exchanges 500288:India
Address Udyog Vihar-III, Sector-20, 2nd Floor, Tower C, DLF Cyber Park, Gurugram, HR, IND, 122016
Morepen Laboratories Ltd is in the business of manufacturing, producing, developing, and marketing various Active Pharmaceutical Ingredients (APIs), branded and generic formulations, and also Home Health products. Some of the products offered by the company include various drug formulations, APIs, digital thermometers, heat belts, pulse oximeters, nutritional tablets, pain sprays, and others. The company operates in a single segment namely, Pharmaceuticals. Geographically, the company derives maximum revenue from India and the rest from the United States of America, and the Rest of the world.
74GF Score

Get the complete analysis for NSE:MOREPENLAB

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

₹79.16
Price
₹50.28
GF Value