Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Rhetan TMTNSE:RHETAN -9.20%42 Gross Margin % is 46.99% as of Mar. 2026, which is 308% above its 10-year median of 11.52. GuruFocus rates NSE:RHETAN with a GF Score™ of 42/100 and a GF Value™ of ₹7.60 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 594 Steel companies, Rhetan TMT ranks better than 93.94% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Rhetan TMT's Gross Profit for the
three
months ended in Mar. 2026 was ₹39.9 Mil. Rhetan TMT's Revenue for the
three
months ended in Mar. 2026 was ₹84.9 Mil. Therefore, Rhetan TMT's Gross Margin % for the quarter that ended in Mar. 2026 was 46.99%.
The historical rank and industry rank for Rhetan TMT's Gross Margin % or its related term are showing as below:
NSE:RHETAN'
s Gross Margin % Range Over the Past 10 Years
Min: 6.27 Med: 11.52 Max: 46.87
Current: 46.87
During the past 7 years, the highestGross Margin % of Rhetan TMT was 46.87%. The lowest was 6.27%. And the median was 11.52%.
NSE:RHETAN's Gross Margin % is ranked better than 93.94% of 594
companies
in the Steel industry
Industry Median: 12.55
vs NSE:RHETAN: 46.87
Rhetan TMT had a gross margin of 46.99% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Rhetan TMT was 43.50% 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
Rhetan TMT had a gross margin of 46.99% 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.
Rhetan TMT Gross Margin % Related Terms
Rhetan TMT Gross Margin % Historical Data
* Premium members only.
The historical data trend for Rhetan TMT'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:RHETAN vs NUE, STLD, RS: Gross Margin % Comparison
For the Steel subindustry, Rhetan TMT'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.
Rhetan TMT Gross Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Rhetan TMT's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Rhetan TMT'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.
Rhetan TMT (NSE:RHETAN) has a Gross Margin % of 46.99% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Rhetan TMT and its competitors. This is 308% above median its historical median of 11.52. Over the past decade, Rhetan TMT's Gross Margin % has ranged from 6.27 to 46.87. According to the industry distribution chart, Rhetan TMT ranks #36 out of 594 companies in the Steel industry, placing it in the top 6.1%.
Is Rhetan TMT's Gross Margin % too high?
Rhetan TMT's current Gross Margin % of 46.99% is 308% above median its 10-year median of 11.52. Over the past 10 years, this metric has ranged from a low of 6.27 to a high of 46.87. The Steel industry median Gross Margin % is 12.55. Rhetan TMT's value of 46.99% is 274.4% above this industry median. Based on the distribution chart, Rhetan TMT ranks #36 out of 594 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Rhetan TMT has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rhetan TMT's Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Rhetan TMT ranks #36 out of 594 companies for Gross Margin %. This places Rhetan TMT in the top 6% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 12.55. Rhetan TMT's value of 46.99% is 274.4% above this benchmark. Historically, Rhetan TMT's own Gross Margin % has ranged from 6.27 to 46.87 over the past decade. While the company's 10-year median is 11.52 vs. the industry median of 12.55, Rhetan TMT 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 Steel company?
The median Gross Margin % among Steel companies is 12.55, based on 594 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. Rhetan TMT's current Gross Margin % of 46.99% is 274.4% 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 Rhetan TMT and its competitors. For the Steel industry, the median Gross Margin % is 12.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rhetan TMT's current Gross Margin % is 46.99%, which is 308% above median its own 10-year median of 11.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rhetan TMT stock overvalued right now?
Based on GuruFocus' analysis, Rhetan TMT (NSE:RHETAN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹7.60, compared to a current price of ₹28.04 — trading 268.9% above its estimated fair value. The current Gross Margin % is 46.99%, which is 308% above median its 10-year median of 11.52 and 274.4% above the Steel industry median of 12.55. Rhetan TMT's overall GF Score™ is 42/100 with 6 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 Rhetan TMT (NSE:RHETAN), the current Gross Margin % is 46.99% 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 Rhetan TMT (NSE:RHETAN) Overvalued in 2026?
Based on GuruFocus' analysis, Rhetan TMT stock appears to be overvalued.
The current stock price of ₹28.04 is trading 268.9% above its estimated GF Value™ of ₹7.60.
GuruFocus considers Rhetan TMT to be Significantly Overvalued.
Key valuation signals for NSE:RHETAN:
Gross Margin %: 46.99% (308% above median its 10-year median of 11.52)
GF Value™: ₹7.60 vs. price of ₹28.04 (268.9% above fair value)
Industry Position: 274.4% above the Steel median (#36 of 594)
No single metric tells the full story. See the NSE:RHETAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rhetan TMT Ltd manufactures TMT Bars and Round Bars which are used in the construction industry. The products are used in the construction of dams, bridges, residential and commercial towers, and the majority of infrastructure projects in Gujarat.
42GF Score
Get the complete analysis for NSE:RHETAN
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:RHETAN has been successfully added to your 
