Punj LloydNSE:PUNJLLOYD Gross Margin % is 40.57% as of Mar. 2026, which is 51% above its 10-year median of 26.86. The stock has 6 warning signs investors should review.
Gross Margin % is calculated as gross profit divided by its revenue. Punj Lloyd's Gross Profit for the
six
months ended in Mar. 2026 was ₹794 Mil. Punj Lloyd's Revenue for the
six
months ended in Mar. 2026 was ₹1,957 Mil. Therefore, Punj Lloyd's Gross Margin % for the quarter that ended in Mar. 2026 was 40.57%.
The historical rank and industry rank for Punj Lloyd's Gross Margin % or its related term are showing as below:
NSE:PUNJLLOYD'
s Gross Margin % Range Over the Past 10 Years
Min: -585.84 Med: 26.86 Max: 63.77
Current: 40.57
During the past 13 years, the highestGross Margin % of Punj Lloyd was 63.77%. The lowest was -585.84%. And the median was 26.86%.
NSE:PUNJLLOYD's Gross Margin % is not ranked
in the Construction industry.
Industry Median: 20.715
vs NSE:PUNJLLOYD: 40.57
Punj Lloyd had a gross margin of 40.57% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Punj Lloyd was 0.00% per year.
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
Punj Lloyd had a gross margin of 40.57% 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.
Punj Lloyd Gross Margin % Related Terms
Punj Lloyd Gross Margin % Historical Data
* Premium members only.
The historical data trend for Punj Lloyd'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.
For the Engineering & Construction subindustry, Punj Lloyd'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.
Punj Lloyd Gross Margin % vs Construction Industry
For the Construction industry and Industrials sector, Punj Lloyd's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Punj Lloyd'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.
Punj Lloyd (NSE:PUNJLLOYD) has a Gross Margin % of 40.57% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Punj Lloyd and its competitors. This is 51% above median its historical median of 26.86.
Is Punj Lloyd's Gross Margin % too high?
Punj Lloyd's current Gross Margin % of 40.57% is 51% above median its 10-year median of 26.86. The Construction industry median Gross Margin % is 20.72. Punj Lloyd's value of 40.57% is 95.8% above this industry median.
How does Punj Lloyd's Gross Margin % compare to SFHI?
Punj Lloyd's Gross Margin % of 40.57% can be compared against companies in the Construction industry. The industry median Gross Margin % is 20.72. Punj Lloyd's value of 40.57% is 95.8% above this benchmark. While the company's 10-year median is 26.86 vs. the industry median of 20.72, Punj Lloyd 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 Construction company?
The median Gross Margin % among Construction companies is 20.72, based on 1,720 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. Punj Lloyd's current Gross Margin % of 40.57% is 95.8% 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 Punj Lloyd and its competitors. For the Construction industry, the median Gross Margin % is 20.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Punj Lloyd's current Gross Margin % is 40.57%, which is 51% above median its own 10-year median of 26.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Punj Lloyd stock overvalued right now?
Punj Lloyd (NSE:PUNJLLOYD) has a current Gross Margin % of 40.57%. The current Gross Margin % is 40.57%, which is 51% above median its 10-year median of 26.86 and 95.8% above the Construction industry median of 20.72. 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 Punj Lloyd (NSE:PUNJLLOYD), the current Gross Margin % is 40.57% 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.
Punj Lloyd Ltd is an engineering, procurement, and construction company operating across energy, infrastructure, and defense sectors. The company provides services including building pipelines, tanks, process facilities, transportation infrastructure, and specialized defense manufacturing. Its operations span multiple regions, including the Middle East, Africa, Asia Pacific, South Asia, and Europe. Punj Lloyd generates revenue by providing contracting services across the sectors, serving both domestic and international clients.
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