MTAR TechnologiesNSE:MTARTECH +2.57%71 Gross Margin % is 43.65% as of Mar. 2026, which is 31% below its 10-year median of 63.20. GuruFocus rates NSE:MTARTECH with a GF Score™ of 71/100 and a GF Value™ of ₹3,338.82 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,998 Industrial Products companies, MTAR Technologies ranks better than 86.99% on this metric.
MTAR Technologies Ltd gross margin has been in long-term decline. The average rate of decline per year is -7.3%.
The historical rank and industry rank for MTAR Technologies's Gross Margin % or its related term are showing as below:
NSE:MTARTECH'
s Gross Margin % Range Over the Past 10 Years
Min: 47.03 Med: 63.2 Max: 67.05
Current: 47.03
During the past 9 years, the highestGross Margin % of MTAR Technologies was 67.05%. The lowest was 47.03%. And the median was 63.20%.
NSE:MTARTECH's Gross Margin % is ranked better than 86.99% of 2998
companies
in the Industrial Products industry
Industry Median: 26.82
vs NSE:MTARTECH: 47.03
MTAR Technologies had a gross margin of 43.65% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for MTAR Technologies was -7.30% 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
MTAR Technologies had a gross margin of 43.65% 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.
MTAR Technologies Gross Margin % Related Terms
MTAR Technologies Gross Margin % Historical Data
* Premium members only.
The historical data trend for MTAR Technologies'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:MTARTECH vs GEV, ETN, PH: Gross Margin % Comparison
For the Specialty Industrial Machinery subindustry, MTAR Technologies'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.
MTAR Technologies Gross Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, MTAR Technologies's Gross Margin % distribution charts can be found below:
* The bar in red indicates where MTAR Technologies'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.
MTAR Technologies (NSE:MTARTECH) has a Gross Margin % of 43.65% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on MTAR Technologies and its competitors. This is 31% below median its historical median of 63.20. Over the past decade, MTAR Technologies' Gross Margin % has ranged from 47.03 to 67.05. According to the industry distribution chart, MTAR Technologies ranks #390 out of 2998 companies in the Industrial Products industry, placing it in the top 13%.
Is MTAR Technologies' Gross Margin % too high?
MTAR Technologies' current Gross Margin % of 43.65% is 31% below median its 10-year median of 63.20. Over the past 10 years, this metric has ranged from a low of 47.03 to a high of 67.05. The Industrial Products industry median Gross Margin % is 26.82. MTAR Technologies' value of 43.65% is 62.8% above this industry median. Based on the distribution chart, MTAR Technologies ranks #390 out of 2998 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, MTAR Technologies has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MTAR Technologies' Gross Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, MTAR Technologies ranks #390 out of 2998 companies for Gross Margin %. This places MTAR Technologies in the top 13% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.82. MTAR Technologies' value of 43.65% is 62.8% above this benchmark. Historically, MTAR Technologies' own Gross Margin % has ranged from 47.03 to 67.05 over the past decade. While the company's 10-year median is 63.20 vs. the industry median of 26.82, MTAR Technologies 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 an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.82, based on 2,998 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. MTAR Technologies's current Gross Margin % of 43.65% is 62.8% 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 MTAR Technologies and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MTAR Technologies's current Gross Margin % is 43.65%, which is 31% below median its own 10-year median of 63.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MTAR Technologies stock overvalued right now?
Based on GuruFocus' analysis, MTAR Technologies (NSE:MTARTECH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3,338.82, compared to a current price of ₹7,976.50 — trading 138.9% above its estimated fair value. The current Gross Margin % is 43.65%, which is 31% below median its 10-year median of 63.20 and 62.8% above the Industrial Products industry median of 26.82. MTAR Technologies' overall GF Score™ is 71/100 with 8 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 MTAR Technologies (NSE:MTARTECH), the current Gross Margin % is 43.65% 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 MTAR Technologies (NSE:MTARTECH) Overvalued in 2026?
Based on GuruFocus' analysis, MTAR Technologies stock appears to be overvalued.
The current stock price of ₹7,976.50 is trading 138.9% above its estimated GF Value™ of ₹3,338.82.
GuruFocus considers MTAR Technologies to be Significantly Overvalued.
Key valuation signals for NSE:MTARTECH:
Gross Margin %: 43.65% (31% below median its 10-year median of 63.20)
GF Value™: ₹3,338.82 vs. price of ₹7,976.50 (138.9% above fair value)
Industry Position: 62.8% above the Industrial Products median (#390 of 2998)
No single metric tells the full story. See the NSE:MTARTECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MTAR Technologies Ltd is a national player in the precision engineering industry. It is engaged in the manufacturing of mission-critical precision components with close tolerance and in critical assemblies through its precision machining, assembly, specialized fabrication, testing, and quality control processes. A wide range of complex product portfolios meets the varied requirements of the Nuclear, Space and Defence, and Clean Energy sector. Geographically, it operates in India as well as Outside India.
71GF Score
Get the complete analysis for NSE:MTARTECH
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:MTARTECH has been successfully added to your 
