Sandur Manganese And Iron Ores (NSE:SANDUMA) Gross Margin %: 58.51% (As of Mar. 2026) — 17% Below Median


NSE:SANDUMA Sandur Manganese And Iron Ores Ltd NSE:SANDUMA
78 GF Score
Price ₹209.73
GF Value ₹301.89
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Sandur Manganese And Iron Ores Gross Margin %?

Sandur Manganese And Iron Ores NSE:SANDUMA +1.29% 78 Gross Margin % is 58.51% as of Mar. 2026, which is 17% below its 10-year median of 70.51. GuruFocus rates NSE:SANDUMA with a GF Score™ of 78/100 and a GF Value™ of ₹301.89 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 592 Steel companies, Sandur Manganese And Iron Ores ranks better than 96.45% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Sandur Manganese And Iron Ores's Gross Profit for the three months ended in Mar. 2026 was ₹8,843 Mil. Sandur Manganese And Iron Ores's Revenue for the three months ended in Mar. 2026 was ₹15,114 Mil. Therefore, Sandur Manganese And Iron Ores's Gross Margin % for the quarter that ended in Mar. 2026 was 58.51%.

Warning Sign:

Sandur Manganese And Iron Ores Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.5%.


The historical rank and industry rank for Sandur Manganese And Iron Ores's Gross Margin % or its related term are showing as below:

NSE:SANDUMA' s Gross Margin % Range Over the Past 10 Years
Min: 36.96   Med: 70.51   Max: 90.15
Current: 58.07


During the past 13 years, the highest Gross Margin % of Sandur Manganese And Iron Ores was 90.15%. The lowest was 36.96%. And the median was 70.51%.

NSE:SANDUMA's Gross Margin % is ranked better than
96.45% of 592 companies
in the Steel industry
Industry Median: 12.55 vs NSE:SANDUMA: 58.07

Sandur Manganese And Iron Ores had a gross margin of 58.51% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Sandur Manganese And Iron Ores was -3.50% per year.


Sandur Manganese And Iron Ores  (NSE:SANDUMA) 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

Sandur Manganese And Iron Ores had a gross margin of 58.51% 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.


Sandur Manganese And Iron Ores Gross Margin % Related Terms


Sandur Manganese And Iron Ores Gross Margin % Historical Data

* Premium members only.

The historical data trend for Sandur Manganese And Iron Ores'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.

Sandur Manganese And Iron Ores Gross Margin % Chart

Sandur Manganese And Iron Ores Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.58 36.96 62.34 64.53 58.07

Sandur Manganese And Iron Ores Quarterly Data
Jun21 Sep21 Dec21 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 Premium Member Only 59.60 61.57 54.86 57.52 58.51

NSE:SANDUMA vs NUE, STLD, RS: Gross Margin % Comparison

For the Steel subindustry, Sandur Manganese And Iron Ores'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.


Sandur Manganese And Iron Ores Gross Margin % vs Steel Industry

For the Steel industry and Basic Materials sector, Sandur Manganese And Iron Ores's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Sandur Manganese And Iron Ores's Gross Margin % falls into.


NSE:SANDUMA
78GF Score
Sandur Manganese And Iron Ores Ltd NSE:SANDUMA
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sandur Manganese And Iron Ores Gross Margin % Calculation

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

Sandur Manganese And Iron Ores'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 )
=29550.4 / 50884.2
=(Revenue - Cost of Goods Sold) / Revenue
=(50884.2 - 21333.8) / 50884.2
=58.07 %

Sandur Manganese And Iron Ores'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 )
=8843.3 / 15113.9
=(Revenue - Cost of Goods Sold) / Revenue
=(15113.9 - 6270.6) / 15113.9
=58.51 %

* 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 58.51% mean?
Sandur Manganese And Iron Ores (NSE:SANDUMA) has a Gross Margin % of 58.51% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Sandur Manganese And Iron Ores and its competitors. This is 17% below median its historical median of 70.51. Over the past decade, Sandur Manganese And Iron Ores' Gross Margin % has ranged from 36.96 to 90.15. According to the industry distribution chart, Sandur Manganese And Iron Ores ranks #21 out of 592 companies in the Steel industry, placing it in the top 3.5%.
Is Sandur Manganese And Iron Ores' Gross Margin % too high?
Sandur Manganese And Iron Ores' current Gross Margin % of 58.51% is 17% below median its 10-year median of 70.51. Over the past 10 years, this metric has ranged from a low of 36.96 to a high of 90.15. The Steel industry median Gross Margin % is 12.55. Sandur Manganese And Iron Ores' value of 58.51% is 366.2% above this industry median. Based on the distribution chart, Sandur Manganese And Iron Ores ranks #21 out of 592 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Sandur Manganese And Iron Ores has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sandur Manganese And Iron Ores' Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Sandur Manganese And Iron Ores ranks #21 out of 592 companies for Gross Margin %. This places Sandur Manganese And Iron Ores in the top 4% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 12.55. Sandur Manganese And Iron Ores' value of 58.51% is 366.2% above this benchmark. Historically, Sandur Manganese And Iron Ores' own Gross Margin % has ranged from 36.96 to 90.15 over the past decade. While the company's 10-year median is 70.51 vs. the industry median of 12.55, Sandur Manganese And Iron Ores 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 592 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. Sandur Manganese And Iron Ores's current Gross Margin % of 58.51% is 366.2% 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 Sandur Manganese And Iron Ores 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. Sandur Manganese And Iron Ores's current Gross Margin % is 58.51%, which is 17% below median its own 10-year median of 70.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sandur Manganese And Iron Ores stock overvalued right now?
Based on GuruFocus' analysis, Sandur Manganese And Iron Ores (NSE:SANDUMA) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹301.89, compared to a current price of ₹209.73 — trading 30.5% below its estimated fair value. The current Gross Margin % is 58.51%, which is 17% below median its 10-year median of 70.51 and 366.2% above the Steel industry median of 12.55. Sandur Manganese And Iron Ores' overall GF Score™ is 78/100 with 3 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 Sandur Manganese And Iron Ores (NSE:SANDUMA), the current Gross Margin % is 58.51% 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 Sandur Manganese And Iron Ores (NSE:SANDUMA) Overvalued in 2026?

Based on GuruFocus' analysis, Sandur Manganese And Iron Ores stock appears to be undervalued. The current stock price of ₹209.73 is trading 30.5% below its estimated GF Value™ of ₹301.89. GuruFocus considers Sandur Manganese And Iron Ores to be Significantly Undervalued.

Key valuation signals for NSE:SANDUMA:

  • Gross Margin %: 58.51% (17% below median its 10-year median of 70.51)
  • GF Value™: ₹301.89 vs. price of ₹209.73 (30.5% below fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 366.2% above the Steel median (#21 of 592)

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


Sandur Manganese And Iron Ores Business Description

Other Exchanges 504918:India
Address Bellary Road, Sandur House, No.9, Sadashivanagar, Bangalore, KA, IND, 560 080
Sandur Manganese And Iron Ores Ltd is a mining company. It is engaged in the mining of manganese and iron ores in Deogiri village of Sandur taluk, Ballari District, Karnataka. The Company is also engaged in the manufacture of ferroalloys, and coke and energy at Vyasanakere, Hosapete. Its operating segment includes Mining and Ferroalloys, and Coke and Energy. The company generates maximum revenue from the Mining segment. Geographically, it derives all of its revenue from within India.
78GF Score

Get the complete analysis for NSE:SANDUMA

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

₹209.73
Price
₹301.89
GF Value