P S Raj Steels (NSE:PSRAJ) Gross Margin %: 12.46% (As of Mar. 2026) — 114% Above Median

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NSE:PSRAJ P S Raj Steels Ltd NSE:PSRAJ
19 GF Score
Price ₹417.90
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What is P S Raj Steels Gross Margin %?

P S Raj Steels NSE:PSRAJ +4.47% 19 Gross Margin % is 12.46% as of Mar. 2026, which is 114% above its 10-year median of 5.83. GuruFocus rates NSE:PSRAJ with a GF Score™ of 19/100. The stock has 5 warning signs investors should review. Among 594 Steel companies, P S Raj Steels ranks worse than 55.22% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. P S Raj Steels's Gross Profit for the six months ended in Mar. 2026 was ₹169 Mil. P S Raj Steels's Revenue for the six months ended in Mar. 2026 was ₹1,358 Mil. Therefore, P S Raj Steels's Gross Margin % for the quarter that ended in Mar. 2026 was 12.46%.


The historical rank and industry rank for P S Raj Steels's Gross Margin % or its related term are showing as below:

NSE:PSRAJ' s Gross Margin % Range Over the Past 10 Years
Min: 5.03   Med: 5.83   Max: 10.93
Current: 10.93


During the past 5 years, the highest Gross Margin % of P S Raj Steels was 10.93%. The lowest was 5.03%. And the median was 5.83%.

NSE:PSRAJ's Gross Margin % is ranked worse than
55.22% of 594 companies
in the Steel industry
Industry Median: 12.55 vs NSE:PSRAJ: 10.93

P S Raj Steels had a gross margin of 12.46% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for P S Raj Steels was 0.00% per year.


P S Raj Steels  (NSE:PSRAJ) 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

P S Raj Steels had a gross margin of 12.46% 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.


P S Raj Steels Gross Margin % Related Terms


P S Raj Steels Gross Margin % Historical Data

* Premium members only.

The historical data trend for P S Raj Steels'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.

P S Raj Steels Gross Margin % Chart

P S Raj Steels Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
5.83 5.03 5.75 8.86 10.80

P S Raj Steels Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Gross Margin % Get a 7-Day Free Trial 0.00 10.15 9.43 9.33 12.46

NSE:PSRAJ vs NUE, STLD, RS: Gross Margin % Comparison

For the Steel subindustry, P S Raj Steels'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.


P S Raj Steels Gross Margin % vs Steel Industry

For the Steel industry and Basic Materials sector, P S Raj Steels's Gross Margin % distribution charts can be found below:

* The bar in red indicates where P S Raj Steels's Gross Margin % falls into.


NSE:PSRAJ
19GF Score
P S Raj Steels Ltd NSE:PSRAJ
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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P S Raj Steels Gross Margin % Calculation

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

P S Raj Steels'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 )
=287.3 / 2659.944
=(Revenue - Cost of Goods Sold) / Revenue
=(2659.944 - 2372.616) / 2659.944
=10.80 %

P S Raj Steels'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 )
=169.2 / 1357.815
=(Revenue - Cost of Goods Sold) / Revenue
=(1357.815 - 1188.659) / 1357.815
=12.46 %

* 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 12.46% mean?
P S Raj Steels (NSE:PSRAJ) has a Gross Margin % of 12.46% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on P S Raj Steels and its competitors. This is 114% above median its historical median of 5.83. Over the past decade, P S Raj Steels' Gross Margin % has ranged from 5.03 to 10.93. According to the industry distribution chart, P S Raj Steels ranks #328 out of 594 companies in the Steel industry, placing it in the top 55.2%.
Is P S Raj Steels' Gross Margin % too high?
P S Raj Steels' current Gross Margin % of 12.46% is 114% above median its 10-year median of 5.83. Over the past 10 years, this metric has ranged from a low of 5.03 to a high of 10.93. The Steel industry median Gross Margin % is 12.55. P S Raj Steels' value of 12.46% is 0.7% below this industry median. Based on the distribution chart, P S Raj Steels ranks #328 out of 594 companies in the Steel industry, which is below the industry midpoint. Overall, P S Raj Steels has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does P S Raj Steels' Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, P S Raj Steels ranks #328 out of 594 companies for Gross Margin %. This places P S Raj Steels in the lower half of its industry. The industry median Gross Margin % is 12.55. P S Raj Steels' value of 12.46% is 0.7% below this benchmark. Historically, P S Raj Steels' own Gross Margin % has ranged from 5.03 to 10.93 over the past decade. While the company's 10-year median is 5.83 vs. the industry median of 12.55, P S Raj Steels 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 Steel company?
The median Gross Margin % among Steel companies is 12.55, based on 594 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. P S Raj Steels's current Gross Margin % of 12.46% is 0.7% 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 P S Raj Steels and its competitors. For the Steel industry, the median Gross Margin % is 12.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. P S Raj Steels's current Gross Margin % is 12.46%, which is 114% above median its own 10-year median of 5.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is P S Raj Steels stock overvalued right now?
P S Raj Steels (NSE:PSRAJ) has a current Gross Margin % of 12.46%. The current Gross Margin % is 12.46%, which is 114% above median its 10-year median of 5.83 and 0.7% below the Steel industry median of 12.55. P S Raj Steels' overall GF Score™ is 19/100 with 5 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 P S Raj Steels (NSE:PSRAJ), the current Gross Margin % is 12.46% 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.

P S Raj Steels Business Description

Address 51 Block A, IDC, Hisar, HR, IND, 125005
P S Raj Steels Ltd manufactures and supplies stainless steel pipes and tubes in India. The company's product range includes Outer Diameter (OD) Pipes, Nominal Bore (NB) Pipes (from 3/8 inch to 18 inches), Section Pipes (square, rectangular and oval shapes) and Slotted Pipes.
19GF Score

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