Scoda Tubes (NSE:SCODATUBES) Gross Margin %: 33.29% (As of Mar. 2026) — 28% Above Median


NSE:SCODATUBES Scoda Tubes Ltd NSE:SCODATUBES
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What is Scoda Tubes Gross Margin %?

Scoda Tubes NSE:SCODATUBES +0.97% 13 Gross Margin % is 33.29% as of Mar. 2026, which is 28% above its 10-year median of 26.07. GuruFocus rates NSE:SCODATUBES with a GF Score™ of 13/100. The stock has 3 warning signs investors should review. Among 593 Steel companies, Scoda Tubes ranks better than 86% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Scoda Tubes's Gross Profit for the three months ended in Mar. 2026 was ₹411 Mil. Scoda Tubes's Revenue for the three months ended in Mar. 2026 was ₹1,236 Mil. Therefore, Scoda Tubes's Gross Margin % for the quarter that ended in Mar. 2026 was 33.29%.


The historical rank and industry rank for Scoda Tubes's Gross Margin % or its related term are showing as below:

NSE:SCODATUBES' s Gross Margin % Range Over the Past 10 Years
Min: 13.53   Med: 26.07   Max: 31.89
Current: 31.89


During the past 5 years, the highest Gross Margin % of Scoda Tubes was 31.89%. The lowest was 13.53%. And the median was 26.07%.

NSE:SCODATUBES's Gross Margin % is ranked better than
86% of 593 companies
in the Steel industry
Industry Median: 12.6 vs NSE:SCODATUBES: 31.89

Scoda Tubes had a gross margin of 33.29% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Scoda Tubes was 0.00% per year.


Scoda Tubes  (NSE:SCODATUBES) 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

Scoda Tubes had a gross margin of 33.29% for the quarter that ended in Mar. 2026 => Competition eroding margins


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.


Scoda Tubes Gross Margin % Related Terms


Scoda Tubes Gross Margin % Historical Data

* Premium members only.

The historical data trend for Scoda Tubes'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.

Scoda Tubes Gross Margin % Chart

Scoda Tubes Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
13.53 24.51 26.07 30.62 31.89

Scoda Tubes Quarterly Data
Mar22 Mar23 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 26.26 29.17 33.63 30.85 33.29

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

For the Steel subindustry, Scoda Tubes'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.


Scoda Tubes Gross Margin % vs Steel Industry

For the Steel industry and Basic Materials sector, Scoda Tubes's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Scoda Tubes's Gross Margin % falls into.


NSE:SCODATUBES
13GF Score
Scoda Tubes Ltd NSE:SCODATUBES
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Scoda Tubes Gross Margin % Calculation

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

Scoda Tubes'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 )
=1654.2 / 5186.5
=(Revenue - Cost of Goods Sold) / Revenue
=(5186.5 - 3532.31) / 5186.5
=31.89 %

Scoda Tubes'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 )
=411.4 / 1235.69
=(Revenue - Cost of Goods Sold) / Revenue
=(1235.69 - 824.32) / 1235.69
=33.29 %

* 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 33.29% mean?
Scoda Tubes (NSE:SCODATUBES) has a Gross Margin % of 33.29% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Scoda Tubes and its competitors. This is 28% above median its historical median of 26.07. Over the past decade, Scoda Tubes' Gross Margin % has ranged from 13.53 to 31.89. According to the industry distribution chart, Scoda Tubes ranks #83 out of 593 companies in the Steel industry, placing it in the top 14%.
Is Scoda Tubes' Gross Margin % too high?
Scoda Tubes' current Gross Margin % of 33.29% is 28% above median its 10-year median of 26.07. Over the past 10 years, this metric has ranged from a low of 13.53 to a high of 31.89. The Steel industry median Gross Margin % is 12.60. Scoda Tubes' value of 33.29% is 164.2% above this industry median. Based on the distribution chart, Scoda Tubes ranks #83 out of 593 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Scoda Tubes has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Scoda Tubes' Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Scoda Tubes ranks #83 out of 593 companies for Gross Margin %. This places Scoda Tubes in the top 14% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 12.60. Scoda Tubes' value of 33.29% is 164.2% above this benchmark. Historically, Scoda Tubes' own Gross Margin % has ranged from 13.53 to 31.89 over the past decade. While the company's 10-year median is 26.07 vs. the industry median of 12.60, Scoda Tubes 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 12.60, based on 593 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. Scoda Tubes's current Gross Margin % of 33.29% is 164.2% 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 Scoda Tubes and its competitors. For the Steel industry, the median Gross Margin % is 12.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scoda Tubes's current Gross Margin % is 33.29%, which is 28% above median its own 10-year median of 26.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scoda Tubes stock overvalued right now?
Scoda Tubes (NSE:SCODATUBES) has a current Gross Margin % of 33.29%. The current Gross Margin % is 33.29%, which is 28% above median its 10-year median of 26.07 and 164.2% above the Steel industry median of 12.60. Scoda Tubes' overall GF Score™ is 13/100 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 Scoda Tubes (NSE:SCODATUBES), the current Gross Margin % is 33.29% 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.

Scoda Tubes Business Description

Other Exchanges 544411:India
Address Mehsana highway, Survey No. 2442, 2443, 2446, Rajpur, Mehsana, Ahmedabad, GJ, IND, 382715
Scoda Tubes Ltd is a manufacturer of stainless-steel tubes and pipes. The company's product includes Stainless Steel Seamless Pipes, Stainless Steel Seamless Tube, Stainless Steel Instrumentation Tubes, Stainless Steel Welded Pipes, Stainless Steel Welded Tubes, and Stainless Steel Welded 'U' Tubes. Geographically, the company generates the majority of its revenue within India.
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