PTC IndiaNSE:PTC -1.60%81 Gross Margin % is 5.11% as of Mar. 2026, which is 46% below its 10-year median of 9.42. GuruFocus rates NSE:PTC with a GF Score™ of 81/100 and a GF Value™ of ₹185.00 (Fairly Valued). The stock has 7 warning signs investors should review. Among 403 Utilities - Independent Power Producers companies, PTC India ranks worse than 91.56% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. PTC India's Gross Profit for the
three
months ended in Mar. 2026 was ₹1,974 Mil. PTC India's Revenue for the
three
months ended in Mar. 2026 was ₹38,600 Mil. Therefore, PTC India's Gross Margin % for the quarter that ended in Mar. 2026 was 5.11%.
Warning Sign:
PTC India Ltd gross margin has been in long-term decline. The average rate of decline per year is -12.5%.
The historical rank and industry rank for PTC India's Gross Margin % or its related term are showing as below:
NSE:PTC'
s Gross Margin % Range Over the Past 10 Years
Min: 4.92 Med: 9.42 Max: 13.56
Current: 4.92
During the past 13 years, the highestGross Margin % of PTC India was 13.56%. The lowest was 4.92%. And the median was 9.42%.
PTC India had a gross margin of 5.11% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for PTC India was -12.50% per year.
PTC India (NSE:PTC) 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
PTC India had a gross margin of 5.11% 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.
PTC India Gross Margin % Related Terms
PTC India Gross Margin % Historical Data
* Premium members only.
The historical data trend for PTC India'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:PTC vs CEG, VST, NRG: Gross Margin % Comparison
For the Utilities - Independent Power Producers subindustry, PTC India'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.
PTC India Gross Margin % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, PTC India's Gross Margin % distribution charts can be found below:
* The bar in red indicates where PTC India'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.
PTC India (NSE:PTC) has a Gross Margin % of 5.11% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on PTC India and its competitors. This is 46% below median its historical median of 9.42. Over the past decade, PTC India's Gross Margin % has ranged from 4.92 to 13.56. According to the industry distribution chart, PTC India ranks #369 out of 403 companies in the Utilities - Independent Power Producers industry, placing it in the top 91.6%.
Is PTC India's Gross Margin % too high?
PTC India's current Gross Margin % of 5.11% is 46% below median its 10-year median of 9.42. Over the past 10 years, this metric has ranged from a low of 4.92 to a high of 13.56. The Utilities - Independent Power Producers industry median Gross Margin % is 31.35. PTC India's value of 5.11% is 83.7% below this industry median. Based on the distribution chart, PTC India ranks #369 out of 403 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, PTC India has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PTC India's Gross Margin % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, PTC India ranks #369 out of 403 companies for Gross Margin %. This places PTC India in the lower half of its industry. The industry median Gross Margin % is 31.35. PTC India's value of 5.11% is 83.7% below this benchmark. Historically, PTC India's own Gross Margin % has ranged from 4.92 to 13.56 over the past decade. While the company's 10-year median is 9.42 vs. the industry median of 31.35, PTC India 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 an Utilities - Independent Power Producers company?
The median Gross Margin % among Utilities - Independent Power Producers companies is 31.35, based on 403 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. PTC India's current Gross Margin % of 5.11% is 83.7% 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 PTC India and its competitors. For the Utilities - Independent Power Producers industry, the median Gross Margin % is 31.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PTC India's current Gross Margin % is 5.11%, which is 46% below median its own 10-year median of 9.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PTC India stock overvalued right now?
Based on GuruFocus' analysis, PTC India (NSE:PTC) is currently considered Fairly Valued. The stock's GF Value™ is ₹185.00, compared to a current price of ₹181.80 — trading 1.7% below its estimated fair value. The current Gross Margin % is 5.11%, which is 46% below median its 10-year median of 9.42 and 83.7% below the Utilities - Independent Power Producers industry median of 31.35. PTC India's overall GF Score™ is 81/100 with 7 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 PTC India (NSE:PTC), the current Gross Margin % is 5.11% 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 PTC India (NSE:PTC) Overvalued in 2026?
Based on GuruFocus' analysis, PTC India stock appears to be undervalued.
The current stock price of ₹181.80 is trading 1.7% below its estimated GF Value™ of ₹185.00.
GuruFocus considers PTC India to be Fairly Valued.
Key valuation signals for NSE:PTC:
Gross Margin %: 5.11% (46% below median its 10-year median of 9.42)
GF Value™: ₹185.00 vs. price of ₹181.80 (1.7% below fair value)
Industry Position: 83.7% below the Utilities - Independent Power Producers median (#369 of 403)
No single metric tells the full story. See the NSE:PTC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PTC India Ltd is a holding company. It is involved in the trading of electricity and offers power trading solutions in India. The company's segments include Power: it includes trading & generation of power. Financing business: It includes investing in equity or extending debt to power projects in generation, transmission, distribution, fuel resources, and fuel-related infrastructure. The company derives the majority of its revenue from India.
81GF Score
Get the complete analysis for NSE:PTC
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:PTC has been successfully added to your 
