Piccadily Agro Industries (NSE:PICCADIL) Gross Margin %: 46.56% (As of Mar. 2026) — 114% Above Median

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NSE:PICCADIL Piccadily Agro Industries Ltd NSE:PICCADIL
64 GF Score
Price ₹729.55
GF Value ₹744.06
Valuation Fairly Valued
! 4 Warning Signs
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What is Piccadily Agro Industries Gross Margin %?

Piccadily Agro Industries NSE:PICCADIL -1.49% 64 Gross Margin % is 46.56% as of Mar. 2026, which is 114% above its 10-year median of 21.80. GuruFocus rates NSE:PICCADIL with a GF Score™ of 64/100 and a GF Value™ of ₹744.06 (Fairly Valued). The stock has 4 warning signs investors should review. Among 204 Beverages - Alcoholic companies, Piccadily Agro Industries ranks better than 71.57% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Piccadily Agro Industries's Gross Profit for the three months ended in Mar. 2026 was ₹1,558 Mil. Piccadily Agro Industries's Revenue for the three months ended in Mar. 2026 was ₹3,346 Mil. Therefore, Piccadily Agro Industries's Gross Margin % for the quarter that ended in Mar. 2026 was 46.56%.


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

NSE:PICCADIL' s Gross Margin % Range Over the Past 10 Years
Min: 14.04   Med: 21.8   Max: 52.67
Current: 52.67


During the past 13 years, the highest Gross Margin % of Piccadily Agro Industries was 52.67%. The lowest was 14.04%. And the median was 21.80%.

NSE:PICCADIL's Gross Margin % is ranked better than
71.57% of 204 companies
in the Beverages - Alcoholic industry
Industry Median: 42.36 vs NSE:PICCADIL: 52.67

Piccadily Agro Industries had a gross margin of 46.56% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Piccadily Agro Industries was 25.40% per year.


Piccadily Agro Industries  (NSE:PICCADIL) 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

Piccadily Agro Industries had a gross margin of 46.56% 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.


Piccadily Agro Industries Gross Margin % Related Terms


Piccadily Agro Industries Gross Margin % Historical Data

* Premium members only.

The historical data trend for Piccadily Agro 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.

Piccadily Agro Industries Gross Margin % Chart

Piccadily Agro Industries 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 14.04 22.11 35.73 44.55 47.64

Piccadily Agro Industries 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 47.56 47.18 63.96 55.72 46.56

NSE:PICCADIL vs BF.B: Gross Margin % Comparison

For the Beverages - Wineries & Distilleries subindustry, Piccadily Agro 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.


Piccadily Agro Industries Gross Margin % vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Piccadily Agro Industries's Gross Margin % distribution charts can be found below:

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


NSE:PICCADIL
64GF Score
Piccadily Agro Industries Ltd NSE:PICCADIL
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Piccadily Agro Industries Gross Margin % Calculation

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

Piccadily Agro 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 )
=4922 / 10330.83
=(Revenue - Cost of Goods Sold) / Revenue
=(10330.83 - 5408.795) / 10330.83
=47.64 %

Piccadily Agro 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 )
=1558 / 3345.954
=(Revenue - Cost of Goods Sold) / Revenue
=(3345.954 - 1787.984) / 3345.954
=46.56 %

* 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 46.56% mean?
Piccadily Agro Industries (NSE:PICCADIL) has a Gross Margin % of 46.56% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Piccadily Agro Industries and its competitors. This is 114% above median its historical median of 21.80. Over the past decade, Piccadily Agro Industries' Gross Margin % has ranged from 14.04 to 52.67. According to the industry distribution chart, Piccadily Agro Industries ranks #58 out of 204 companies in the Beverages - Alcoholic industry, placing it in the top 28.4%.
Is Piccadily Agro Industries' Gross Margin % too high?
Piccadily Agro Industries' current Gross Margin % of 46.56% is 114% above median its 10-year median of 21.80. Over the past 10 years, this metric has ranged from a low of 14.04 to a high of 52.67. The Beverages - Alcoholic industry median Gross Margin % is 42.36. Piccadily Agro Industries' value of 46.56% is 9.9% above this industry median. Based on the distribution chart, Piccadily Agro Industries ranks #58 out of 204 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Piccadily Agro Industries has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Piccadily Agro Industries' Gross Margin % compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Piccadily Agro Industries ranks #58 out of 204 companies for Gross Margin %. This puts Piccadily Agro Industries in the upper half of its industry. The industry median Gross Margin % is 42.36. Piccadily Agro Industries' value of 46.56% is 9.9% above this benchmark. Historically, Piccadily Agro Industries' own Gross Margin % has ranged from 14.04 to 52.67 over the past decade. While the company's 10-year median is 21.80 vs. the industry median of 42.36, Piccadily Agro Industries 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 Beverages - Alcoholic company?
The median Gross Margin % among Beverages - Alcoholic companies is 42.36, based on 204 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. Piccadily Agro Industries's current Gross Margin % of 46.56% is 9.9% 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 Piccadily Agro Industries and its competitors. For the Beverages - Alcoholic industry, the median Gross Margin % is 42.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Piccadily Agro Industries's current Gross Margin % is 46.56%, which is 114% above median its own 10-year median of 21.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piccadily Agro Industries stock overvalued right now?
Based on GuruFocus' analysis, Piccadily Agro Industries (NSE:PICCADIL) is currently considered Fairly Valued. The stock's GF Value™ is ₹744.06, compared to a current price of ₹729.55 — trading 2% below its estimated fair value. The current Gross Margin % is 46.56%, which is 114% above median its 10-year median of 21.80 and 9.9% above the Beverages - Alcoholic industry median of 42.36. Piccadily Agro Industries' overall GF Score™ is 64/100 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 Piccadily Agro Industries (NSE:PICCADIL), the current Gross Margin % is 46.56% 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 Piccadily Agro Industries (NSE:PICCADIL) Overvalued in 2026?

Based on GuruFocus' analysis, Piccadily Agro Industries stock appears to be undervalued. The current stock price of ₹729.55 is trading 2% below its estimated GF Value™ of ₹744.06. GuruFocus considers Piccadily Agro Industries to be Fairly Valued.

Key valuation signals for NSE:PICCADIL:

  • Gross Margin %: 46.56% (114% above median its 10-year median of 21.80)
  • GF Value™: ₹744.06 vs. price of ₹729.55 (2% below fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 9.9% above the Beverages - Alcoholic median (#58 of 204)

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


Piccadily Agro Industries Business Description

Other Exchanges 530305:India
Address JMD Pacific Square, G-17, Sector-15 (Part-2), Gurugram, HR, IND, 122002
Piccadily Agro Industries Ltd is an Indian company engaged in the manufacturing of white crystal sugar from sugarcane grown in nearby rural areas, along with related products such as molasses, power, and bagasse. The company is also involved in the production of rectified spirits, extra neutral alcohol (ENA), and malt, as well as the conversion of resin into PET bottles used for liquor in the distillery segment. It operates through two reportable segments: Sugar and Distillery. The Sugar segment includes refined sugar, molasses, bagasse, and power cogeneration, while the Distillery segment produces liquor, malt, carbon dioxide gas, ethanol, and PET bottles. The majority of the company's revenue is generated from the Distillery segment.
64GF Score

Get the complete analysis for NSE:PICCADIL

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

₹729.55
Price
₹744.06
GF Value