SG MartNSE:SGMART +0.13%72 Gross Margin % is 4.66% as of Mar. 2026, which is 79% below its 10-year median of 21.81. GuruFocus rates NSE:SGMART with a GF Score™ of 72/100 and a GF Value™ of ₹590.01 (Fairly Valued). The stock has 6 warning signs investors should review. Among 154 Industrial Distribution companies, SG Mart ranks worse than 98.05% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. SG Mart's Gross Profit for the
three
months ended in Mar. 2026 was ₹849 Mil. SG Mart's Revenue for the
three
months ended in Mar. 2026 was ₹18,228 Mil. Therefore, SG Mart's Gross Margin % for the quarter that ended in Mar. 2026 was 4.66%.
The historical rank and industry rank for SG Mart's Gross Margin % or its related term are showing as below:
NSE:SGMART'
s Gross Margin % Range Over the Past 10 Years
Min: 1.15 Med: 21.81 Max: 300.53
Current: 3.63
During the past 13 years, the highestGross Margin % of SG Mart was 300.53%. The lowest was 1.15%. And the median was 21.81%.
NSE:SGMART's Gross Margin % is ranked worse than 98.05% of 154
companies
in the Industrial Distribution industry
Industry Median: 24.385
vs NSE:SGMART: 3.63
SG Mart had a gross margin of 4.66% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for SG Mart was 0.00% per year.
SG Mart (NSE:SGMART) 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
SG Mart had a gross margin of 4.66% 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.
SG Mart Gross Margin % Related Terms
SG Mart Gross Margin % Historical Data
* Premium members only.
The historical data trend for SG Mart'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:SGMART vs GWW, FAST, FERG: Gross Margin % Comparison
For the Industrial Distribution subindustry, SG Mart'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.
SG Mart Gross Margin % vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, SG Mart's Gross Margin % distribution charts can be found below:
* The bar in red indicates where SG Mart'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.
SG Mart (NSE:SGMART) has a Gross Margin % of 4.66% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on SG Mart and its competitors. This is 79% below median its historical median of 21.81. Over the past decade, SG Mart's Gross Margin % has ranged from 1.15 to 300.53. According to the industry distribution chart, SG Mart ranks #151 out of 154 companies in the Industrial Distribution industry, placing it in the top 98.1%.
Is SG Mart's Gross Margin % too high?
SG Mart's current Gross Margin % of 4.66% is 79% below median its 10-year median of 21.81. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 300.53. The Industrial Distribution industry median Gross Margin % is 24.39. SG Mart's value of 4.66% is 80.9% below this industry median. Based on the distribution chart, SG Mart ranks #151 out of 154 companies in the Industrial Distribution industry, which is in the bottom quartile relative to peers. Overall, SG Mart has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SG Mart's Gross Margin % compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, SG Mart ranks #151 out of 154 companies for Gross Margin %. This places SG Mart in the lower half of its industry. The industry median Gross Margin % is 24.39. SG Mart's value of 4.66% is 80.9% below this benchmark. Historically, SG Mart's own Gross Margin % has ranged from 1.15 to 300.53 over the past decade. While the company's 10-year median is 21.81 vs. the industry median of 24.39, SG Mart 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 an Industrial Distribution company?
The median Gross Margin % among Industrial Distribution companies is 24.39, based on 154 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. SG Mart's current Gross Margin % of 4.66% is 80.9% 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 SG Mart and its competitors. For the Industrial Distribution industry, the median Gross Margin % is 24.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SG Mart's current Gross Margin % is 4.66%, which is 79% below median its own 10-year median of 21.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SG Mart stock overvalued right now?
Based on GuruFocus' analysis, SG Mart (NSE:SGMART) is currently considered Fairly Valued. The stock's GF Value™ is ₹590.01, compared to a current price of ₹601.75 — trading 2% above its estimated fair value. The current Gross Margin % is 4.66%, which is 79% below median its 10-year median of 21.81 and 80.9% below the Industrial Distribution industry median of 24.39. SG Mart's overall GF Score™ is 72/100 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 SG Mart (NSE:SGMART), the current Gross Margin % is 4.66% 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 SG Mart (NSE:SGMART) Overvalued in 2026?
Based on GuruFocus' analysis, SG Mart stock appears to be overvalued.
The current stock price of ₹601.75 is trading 2% above its estimated GF Value™ of ₹590.01.
GuruFocus considers SG Mart to be Fairly Valued.
Key valuation signals for NSE:SGMART:
Gross Margin %: 4.66% (79% below median its 10-year median of 21.81)
GF Value™: ₹590.01 vs. price of ₹601.75 (2% above fair value)
Industry Position: 80.9% below the Industrial Distribution median (#151 of 154)
No single metric tells the full story. See the NSE:SGMART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SG Mart Ltd is a B2B one-stop shop that provides a range of construction-related solutions from top brands under one roof. The company includes TMT Bar, MESH NET, Binding Wire, Welding Rod, Steel Tube, Sanitaryware, Bath fittings, Laminates, Galvanised Sheet, HR Coil & Sheet, All Ceramic Range of Tiles, Premium Tiles Adhesive & Grouts, Double Charge Tiles division, Home appliances, Lighting for Domestic, Commercial & Industrial applications, LED Lighting, Fans, Modular Switches & Wiring Accessories, Water Heaters, Industrial & Domestic Circuit Protection Switchgear, and Industrial & Domestic Cables and Wires. Geographically, the company generates the majority of its revenue from India.
72GF Score
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