Rex Pipes and Cables IndustriesNSE:REXPIPES 61 Gross Margin % is 18.24% as of Mar. 2026, which is 36% above its 10-year median of 13.42. GuruFocus rates NSE:REXPIPES with a GF Score™ of 61/100 and a GF Value™ of ₹76.29 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,560 Chemicals companies, Rex Pipes and Cables Industries ranks worse than 66.6% on this metric.
Rex Pipes and Cables Industries (NSE:REXPIPES) 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
Rex Pipes and Cables Industries had a gross margin of 18.24% 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.
Rex Pipes and Cables Industries Gross Margin % Related Terms
Rex Pipes and Cables Industries Gross Margin % Historical Data
* 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.
Rex Pipes and Cables Industries Gross Margin % Chart
NSE:REXPIPES vs LIN, SHW, ECL: Gross Margin % Comparison
For the Specialty Chemicals subindustry, Rex Pipes and Cables Industries'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.
Rex Pipes and Cables Industries Gross Margin % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Rex Pipes and Cables Industries's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Rex Pipes and Cables Industries'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.
Rex Pipes and Cables Industries (NSE:REXPIPES) has a Gross Margin % of 18.24% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Rex Pipes and Cables Industries and its competitors. This is 36% above median its historical median of 13.42. Over the past decade, Rex Pipes and Cables Industries' Gross Margin % has ranged from 8.48 to 20.15. According to the industry distribution chart, Rex Pipes and Cables Industries ranks #1039 out of 1560 companies in the Chemicals industry, placing it in the top 66.6%.
Is Rex Pipes and Cables Industries' Gross Margin % too high?
Rex Pipes and Cables Industries' current Gross Margin % of 18.24% is 36% above median its 10-year median of 13.42. Over the past 10 years, this metric has ranged from a low of 8.48 to a high of 20.15. The Chemicals industry median Gross Margin % is 23.36. Rex Pipes and Cables Industries' value of 18.24% is 21.9% below this industry median. Based on the distribution chart, Rex Pipes and Cables Industries ranks #1039 out of 1560 companies in the Chemicals industry, which is below the industry midpoint. Overall, Rex Pipes and Cables Industries has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rex Pipes and Cables Industries' Gross Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Rex Pipes and Cables Industries ranks #1039 out of 1560 companies for Gross Margin %. This places Rex Pipes and Cables Industries in the lower half of its industry. The industry median Gross Margin % is 23.36. Rex Pipes and Cables Industries' value of 18.24% is 21.9% below this benchmark. Historically, Rex Pipes and Cables Industries' own Gross Margin % has ranged from 8.48 to 20.15 over the past decade. While the company's 10-year median is 13.42 vs. the industry median of 23.36, Rex Pipes and Cables Industries 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 Chemicals company?
The median Gross Margin % among Chemicals companies is 23.36, based on 1,560 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. Rex Pipes and Cables Industries's current Gross Margin % of 18.24% is 21.9% 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 Rex Pipes and Cables Industries and its competitors. For the Chemicals industry, the median Gross Margin % is 23.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rex Pipes and Cables Industries's current Gross Margin % is 18.24%, which is 36% above median its own 10-year median of 13.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rex Pipes and Cables Industries stock overvalued right now?
Based on GuruFocus' analysis, Rex Pipes and Cables Industries (NSE:REXPIPES) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹76.29, compared to a current price of ₹174.25 — trading 128.4% above its estimated fair value. The current Gross Margin % is 18.24%, which is 36% above median its 10-year median of 13.42 and 21.9% below the Chemicals industry median of 23.36. Rex Pipes and Cables Industries' overall GF Score™ is 61/100 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 Rex Pipes and Cables Industries (NSE:REXPIPES), the current Gross Margin % is 18.24% 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 Rex Pipes and Cables Industries (NSE:REXPIPES) Overvalued in 2026?
Based on GuruFocus' analysis, Rex Pipes and Cables Industries stock appears to be overvalued.
The current stock price of ₹174.25 is trading 128.4% above its estimated GF Value™ of ₹76.29.
GuruFocus considers Rex Pipes and Cables Industries to be Significantly Overvalued.
Key valuation signals for NSE:REXPIPES:
Gross Margin %: 18.24% (36% above median its 10-year median of 13.42)
GF Value™: ₹76.29 vs. price of ₹174.25 (128.4% above fair value)
Industry Position: 21.9% below the Chemicals median (#1039 of 1560)
No single metric tells the full story. See the NSE:REXPIPES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rex Pipes and Cables Industries Business Description
Rex Pipes and Cables Industries Ltd operates in the PVC products market, manufacturing environment-friendly PVC pipes and allied products designed for irrigation, plumbing, industrial, domestic and technical applications. The Company serves agriculture, power, construction and engineering sectors, producing insulated winding wires, PVC and HDPE pipes, low-voltage PVC cables up to 1.1 KV, flexible house wires and screened cables supplied through dealer and distributor networks. Its product portfolio includes PVC electrical conduit pipes, three-core flat cables, single-core flexible house wires, sprinkler systems, HDPE coils and pipes, as well as automobile-related products such as shipping containers, commercial container trucks, vanity vans, motorhomes, camper cars, RVs and school buses.
61GF Score
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