Pulz Electronics (NSE:PULZ) Gross Margin %: 61.52% (As of Mar. 2026) — 30% Above Median


NSE:PULZ Pulz Electronics Ltd NSE:PULZ
84 GF Score
Price ₹24.90
GF Value ₹40.22
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Pulz Electronics Gross Margin %?

Pulz Electronics NSE:PULZ 84 Gross Margin % is 61.52% as of Mar. 2026, which is 30% above its 10-year median of 47.17. GuruFocus rates NSE:PULZ with a GF Score™ of 84/100 and a GF Value™ of ₹40.22 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,457 Hardware companies, Pulz Electronics ranks better than 94.3% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Pulz Electronics's Gross Profit for the six months ended in Mar. 2026 was ₹120.2 Mil. Pulz Electronics's Revenue for the six months ended in Mar. 2026 was ₹195.3 Mil. Therefore, Pulz Electronics's Gross Margin % for the quarter that ended in Mar. 2026 was 61.52%.


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

NSE:PULZ' s Gross Margin % Range Over the Past 10 Years
Min: 33.29   Med: 47.17   Max: 62.06
Current: 62.06


During the past 13 years, the highest Gross Margin % of Pulz Electronics was 62.06%. The lowest was 33.29%. And the median was 47.17%.

NSE:PULZ's Gross Margin % is ranked better than
94.3% of 2457 companies
in the Hardware industry
Industry Median: 24.54 vs NSE:PULZ: 62.06

Pulz Electronics had a gross margin of 61.52% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Pulz Electronics was 15.50% per year.


Pulz Electronics  (NSE:PULZ) 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

Pulz Electronics had a gross margin of 61.52% 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.


Pulz Electronics Gross Margin % Related Terms


Pulz Electronics Gross Margin % Historical Data

* Premium members only.

The historical data trend for Pulz Electronics'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.

Pulz Electronics Gross Margin % Chart

Pulz Electronics Annual Data
Trend Mar16 Mar17 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.04 39.88 58.21 61.86 62.06

Pulz Electronics Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 63.10 60.38 63.76 62.79 61.52

NSE:PULZ vs AAPL: Gross Margin % Comparison

For the Consumer Electronics subindustry, Pulz Electronics'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.


Pulz Electronics Gross Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Pulz Electronics's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Pulz Electronics's Gross Margin % falls into.


NSE:PULZ
84GF Score
Pulz Electronics Ltd NSE:PULZ
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Pulz Electronics Gross Margin % Calculation

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

Pulz Electronics'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 )
=209.9 / 338.198
=(Revenue - Cost of Goods Sold) / Revenue
=(338.198 - 128.319) / 338.198
=62.06 %

Pulz Electronics'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 )
=120.2 / 195.305
=(Revenue - Cost of Goods Sold) / Revenue
=(195.305 - 75.145) / 195.305
=61.52 %

* 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 61.52% mean?
Pulz Electronics (NSE:PULZ) has a Gross Margin % of 61.52% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Pulz Electronics and its competitors. This is 30% above median its historical median of 47.17. Over the past decade, Pulz Electronics' Gross Margin % has ranged from 33.29 to 62.06. According to the industry distribution chart, Pulz Electronics ranks #140 out of 2457 companies in the Hardware industry, placing it in the top 5.7%.
Is Pulz Electronics' Gross Margin % too high?
Pulz Electronics' current Gross Margin % of 61.52% is 30% above median its 10-year median of 47.17. Over the past 10 years, this metric has ranged from a low of 33.29 to a high of 62.06. The Hardware industry median Gross Margin % is 24.54. Pulz Electronics' value of 61.52% is 150.7% above this industry median. Based on the distribution chart, Pulz Electronics ranks #140 out of 2457 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Pulz Electronics has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pulz Electronics' Gross Margin % compare to AAPL?
According to the Hardware industry distribution chart, Pulz Electronics ranks #140 out of 2457 companies for Gross Margin %. This places Pulz Electronics in the top 6% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 24.54. Pulz Electronics' value of 61.52% is 150.7% above this benchmark. Historically, Pulz Electronics' own Gross Margin % has ranged from 33.29 to 62.06 over the past decade. While the company's 10-year median is 47.17 vs. the industry median of 24.54, Pulz Electronics 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.54, based on 2,457 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. Pulz Electronics's current Gross Margin % of 61.52% is 150.7% 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 Pulz Electronics and its competitors. For the Hardware industry, the median Gross Margin % is 24.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pulz Electronics's current Gross Margin % is 61.52%, which is 30% above median its own 10-year median of 47.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pulz Electronics stock overvalued right now?
Based on GuruFocus' analysis, Pulz Electronics (NSE:PULZ) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹40.22, compared to a current price of ₹24.90 — trading 38.1% below its estimated fair value. The current Gross Margin % is 61.52%, which is 30% above median its 10-year median of 47.17 and 150.7% above the Hardware industry median of 24.54. Pulz Electronics' overall GF Score™ is 84/100 with 2 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 Pulz Electronics (NSE:PULZ), the current Gross Margin % is 61.52% 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 Pulz Electronics (NSE:PULZ) Overvalued in 2026?

Based on GuruFocus' analysis, Pulz Electronics stock appears to be undervalued. The current stock price of ₹24.90 is trading 38.1% below its estimated GF Value™ of ₹40.22. GuruFocus considers Pulz Electronics to be Significantly Undervalued.

Key valuation signals for NSE:PULZ:

  • Gross Margin %: 61.52% (30% above median its 10-year median of 47.17)
  • GF Value™: ₹40.22 vs. price of ₹24.90 (38.1% below fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 150.7% above the Hardware median (#140 of 2457)

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


Pulz Electronics Business Description

Address Veera Desai Road, Kailashpati, 2nd Floor, Plot No. 10A, Andheri (West), Mumbai, MH, IND, 400 053
Pulz Electronics Ltd develops, manufactures, and sells audio systems and solutions to the cinema, pro-audio, studio, and home audio industries in India and internationally. The technologies offered by the company include Line Source, IsoWave, WaveDrive, AeroWave, and Point Source Precision. The company's business falls within a single business segment of Audio Systems. Geographically, the company generates the majority of its revenue from India.
84GF Score

Get the complete analysis for NSE:PULZ

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

₹24.90
Price
₹40.22
GF Value