Manoj Vaibhav Gems N JewellersNSE:MVGJL +1.30%56 Gross Margin % is 10.20% as of Mar. 2026, which is 8% below its 10-year median of 11.14. GuruFocus rates NSE:MVGJL with a GF Score™ of 56/100 and a GF Value™ of ₹279.59 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,113 Retail - Cyclical companies, Manoj Vaibhav Gems N Jewellers ranks worse than 86.61% on this metric.
Manoj Vaibhav Gems N Jewellers (NSE:MVGJL) 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
Manoj Vaibhav Gems N Jewellers had a gross margin of 10.20% 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.
Manoj Vaibhav Gems N Jewellers Gross Margin % Related Terms
Manoj Vaibhav Gems N Jewellers Gross Margin % Historical Data
* 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.
Manoj Vaibhav Gems N Jewellers Gross Margin % Chart
For the Luxury Goods subindustry, Manoj Vaibhav Gems N Jewellers'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.
Manoj Vaibhav Gems N Jewellers Gross Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Manoj Vaibhav Gems N Jewellers's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Manoj Vaibhav Gems N Jewellers'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.
Manoj Vaibhav Gems N Jewellers (NSE:MVGJL) has a Gross Margin % of 10.20% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Manoj Vaibhav Gems N Jewellers and its competitors. This is near median its historical median of 11.14. Over the past decade, Manoj Vaibhav Gems N Jewellers' Gross Margin % has ranged from 9.40 to 13.05. According to the industry distribution chart, Manoj Vaibhav Gems N Jewellers ranks #964 out of 1113 companies in the Retail - Cyclical industry, placing it in the top 86.6%.
Is Manoj Vaibhav Gems N Jewellers' Gross Margin % too high?
Manoj Vaibhav Gems N Jewellers' current Gross Margin % of 10.20% is near median its 10-year median of 11.14. Over the past 10 years, this metric has ranged from a low of 9.40 to a high of 13.05. The Retail - Cyclical industry median Gross Margin % is 36.37. Manoj Vaibhav Gems N Jewellers' value of 10.20% is 72% below this industry median. Based on the distribution chart, Manoj Vaibhav Gems N Jewellers ranks #964 out of 1113 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Manoj Vaibhav Gems N Jewellers has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Manoj Vaibhav Gems N Jewellers' Gross Margin % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Manoj Vaibhav Gems N Jewellers ranks #964 out of 1113 companies for Gross Margin %. This places Manoj Vaibhav Gems N Jewellers in the lower half of its industry. The industry median Gross Margin % is 36.37. Manoj Vaibhav Gems N Jewellers' value of 10.20% is 72% below this benchmark. Historically, Manoj Vaibhav Gems N Jewellers' own Gross Margin % has ranged from 9.40 to 13.05 over the past decade. While the company's 10-year median is 11.14 vs. the industry median of 36.37, Manoj Vaibhav Gems N Jewellers 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 Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.37, based on 1,113 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. Manoj Vaibhav Gems N Jewellers's current Gross Margin % of 10.20% is 72% 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 Manoj Vaibhav Gems N Jewellers and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manoj Vaibhav Gems N Jewellers's current Gross Margin % is 10.20%, which is near median its own 10-year median of 11.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manoj Vaibhav Gems N Jewellers stock overvalued right now?
Based on GuruFocus' analysis, Manoj Vaibhav Gems N Jewellers (NSE:MVGJL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹279.59, compared to a current price of ₹151.78 — trading 45.7% below its estimated fair value. The current Gross Margin % is 10.20%, which is near median its 10-year median of 11.14 and 72% below the Retail - Cyclical industry median of 36.37. Manoj Vaibhav Gems N Jewellers' overall GF Score™ is 56/100 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 Manoj Vaibhav Gems N Jewellers (NSE:MVGJL), the current Gross Margin % is 10.20% 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 Manoj Vaibhav Gems N Jewellers (NSE:MVGJL) Overvalued in 2026?
Based on GuruFocus' analysis, Manoj Vaibhav Gems N Jewellers stock appears to be undervalued.
The current stock price of ₹151.78 is trading 45.7% below its estimated GF Value™ of ₹279.59.
GuruFocus considers Manoj Vaibhav Gems N Jewellers to be Significantly Undervalued.
Key valuation signals for NSE:MVGJL:
Gross Margin %: 10.20% (near median its 10-year median of 11.14)
GF Value™: ₹279.59 vs. price of ₹151.78 (45.7% below fair value)
Industry Position: 72% below the Retail - Cyclical median (#964 of 1113)
No single metric tells the full story. See the NSE:MVGJL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Manoj Vaibhav Gems N Jewellers Business Description
Manoj Vaibhav Gems N Jewellers Ltd is a regional jewellery brand in South India led by a first-generation woman entrepreneur. It caters to all economic segments of the micro markets of Andhra Pradesh and Telangana through its dedicated branded showrooms and has a rural market focus and a dedicated urban focus, also. The company positioned itself as a retailer focused on relationships, by Design, where it focuses on offering designs, high quality, transparency, and customer service to its customers.
56GF Score
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