QMS Medical Allied Services (NSE:QMSMEDI) Gross Margin %: 49.88% (As of Mar. 2026) — 84% Above Median

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NSE:QMSMEDI QMS Medical Allied Services Ltd NSE:QMSMEDI
77 GF Score
Price ₹106.96
GF Value ₹120.61
Valuation Modestly Undervalued
! 7 Warning Signs
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What is QMS Medical Allied Services Gross Margin %?

QMS Medical Allied Services NSE:QMSMEDI -1.11% 77 Gross Margin % is 49.88% as of Mar. 2026, which is 84% above its 10-year median of 27.10. GuruFocus rates NSE:QMSMEDI with a GF Score™ of 77/100 and a GF Value™ of ₹120.61 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 805 Medical Devices & Instruments companies, QMS Medical Allied Services ranks worse than 58.51% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. QMS Medical Allied Services's Gross Profit for the three months ended in Mar. 2026 was ₹222 Mil. QMS Medical Allied Services's Revenue for the three months ended in Mar. 2026 was ₹444 Mil. Therefore, QMS Medical Allied Services's Gross Margin % for the quarter that ended in Mar. 2026 was 49.88%.


The historical rank and industry rank for QMS Medical Allied Services's Gross Margin % or its related term are showing as below:

NSE:QMSMEDI' s Gross Margin % Range Over the Past 10 Years
Min: 24.61   Med: 27.1   Max: 47.7
Current: 46.42


During the past 7 years, the highest Gross Margin % of QMS Medical Allied Services was 47.70%. The lowest was 24.61%. And the median was 27.10%.

NSE:QMSMEDI's Gross Margin % is ranked worse than
58.51% of 805 companies
in the Medical Devices & Instruments industry
Industry Median: 52.16 vs NSE:QMSMEDI: 46.42

QMS Medical Allied Services had a gross margin of 49.88% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for QMS Medical Allied Services was 16.10% per year.


QMS Medical Allied Services  (NSE:QMSMEDI) 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

QMS Medical Allied Services had a gross margin of 49.88% 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.


QMS Medical Allied Services Gross Margin % Related Terms


QMS Medical Allied Services Gross Margin % Historical Data

* Premium members only.

The historical data trend for QMS Medical Allied Services'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.

QMS Medical Allied Services Gross Margin % Chart

QMS Medical Allied Services Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial 24.61 25.14 34.56 47.70 46.42

QMS Medical Allied Services Quarterly Data
Mar20 Mar21 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 50.81 44.23 42.80 49.37 49.88

NSE:QMSMEDI vs ISRG, BDX, MDLN: Gross Margin % Comparison

For the Medical Instruments & Supplies subindustry, QMS Medical Allied Services'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.


QMS Medical Allied Services Gross Margin % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, QMS Medical Allied Services's Gross Margin % distribution charts can be found below:

* The bar in red indicates where QMS Medical Allied Services's Gross Margin % falls into.


NSE:QMSMEDI
77GF Score
QMS Medical Allied Services Ltd NSE:QMSMEDI
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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QMS Medical Allied Services Gross Margin % Calculation

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

QMS Medical Allied Services'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 )
=802.5 / 1728.765
=(Revenue - Cost of Goods Sold) / Revenue
=(1728.765 - 926.266) / 1728.765
=46.42 %

QMS Medical Allied Services'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 )
=221.6 / 444.238
=(Revenue - Cost of Goods Sold) / Revenue
=(444.238 - 222.639) / 444.238
=49.88 %

* 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 49.88% mean?
QMS Medical Allied Services (NSE:QMSMEDI) has a Gross Margin % of 49.88% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on QMS Medical Allied Services and its competitors. This is 84% above median its historical median of 27.10. Over the past decade, QMS Medical Allied Services' Gross Margin % has ranged from 24.61 to 47.70. According to the industry distribution chart, QMS Medical Allied Services ranks #471 out of 805 companies in the Medical Devices & Instruments industry, placing it in the top 58.5%.
Is QMS Medical Allied Services' Gross Margin % too high?
QMS Medical Allied Services' current Gross Margin % of 49.88% is 84% above median its 10-year median of 27.10. Over the past 10 years, this metric has ranged from a low of 24.61 to a high of 47.70. The Medical Devices & Instruments industry median Gross Margin % is 52.16. QMS Medical Allied Services' value of 49.88% is 4.4% below this industry median. Based on the distribution chart, QMS Medical Allied Services ranks #471 out of 805 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, QMS Medical Allied Services has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does QMS Medical Allied Services' Gross Margin % compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, QMS Medical Allied Services ranks #471 out of 805 companies for Gross Margin %. This places QMS Medical Allied Services in the lower half of its industry. The industry median Gross Margin % is 52.16. QMS Medical Allied Services' value of 49.88% is 4.4% below this benchmark. Historically, QMS Medical Allied Services' own Gross Margin % has ranged from 24.61 to 47.70 over the past decade. While the company's 10-year median is 27.10 vs. the industry median of 52.16, QMS Medical Allied Services 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 Medical Devices & Instruments company?
The median Gross Margin % among Medical Devices & Instruments companies is 52.16, based on 805 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. QMS Medical Allied Services's current Gross Margin % of 49.88% is 4.4% 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 QMS Medical Allied Services and its competitors. For the Medical Devices & Instruments industry, the median Gross Margin % is 52.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. QMS Medical Allied Services's current Gross Margin % is 49.88%, which is 84% above median its own 10-year median of 27.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QMS Medical Allied Services stock overvalued right now?
Based on GuruFocus' analysis, QMS Medical Allied Services (NSE:QMSMEDI) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹120.61, compared to a current price of ₹106.96 — trading 11.3% below its estimated fair value. The current Gross Margin % is 49.88%, which is 84% above median its 10-year median of 27.10 and 4.4% below the Medical Devices & Instruments industry median of 52.16. QMS Medical Allied Services' overall GF Score™ is 77/100 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 QMS Medical Allied Services (NSE:QMSMEDI), the current Gross Margin % is 49.88% 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 QMS Medical Allied Services (NSE:QMSMEDI) Overvalued in 2026?

Based on GuruFocus' analysis, QMS Medical Allied Services stock appears to be undervalued. The current stock price of ₹106.96 is trading 11.3% below its estimated GF Value™ of ₹120.61. GuruFocus considers QMS Medical Allied Services to be Modestly Undervalued.

Key valuation signals for NSE:QMSMEDI:

  • Gross Margin %: 49.88% (84% above median its 10-year median of 27.10)
  • GF Value™: ₹120.61 vs. price of ₹106.96 (11.3% below fair value)
  • GF Score™: 77/100 with 7 warning signs
  • Industry Position: 4.4% below the Medical Devices & Instruments median (#471 of 805)

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


QMS Medical Allied Services Business Description

Address Prabhat Colony, Road No. 3, 1A-B/2A-B, Navkala Bharti Building, Plot No. 16, Near Santacruz Bus Depot, Santacruz (East), Mumbai, MH, IND, 400055
QMS Medical Allied Services Ltd is engaged in the marketing and distribution of a wide range of medical products as well as medical education services. The company's products are sold under brand name "QDevices" and also manage the distribution for other brands such as 3M, Heine, Rossmax and others. It offers medical products such as Blood Pressure Monitors, Glucose Monitoring Kits and strips, Dental Products, Personal protection kits eg-PPE kits, Infection prevention, Stethoscope and Oxygen Concentrator.
77GF Score

Get the complete analysis for NSE:QMSMEDI

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

₹106.96
Price
₹120.61
GF Value