Shanti Gold International (NSE:SHANTIGOLD) Gross Margin %: 11.25% (As of Mar. 2026) — 30% Above Median

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NSE:SHANTIGOLD Shanti Gold International Ltd NSE:SHANTIGOLD
18 GF Score
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! 3 Warning Signs
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What is Shanti Gold International Gross Margin %?

Shanti Gold International NSE:SHANTIGOLD +1.99% 18 Gross Margin % is 11.25% as of Mar. 2026, which is 30% above its 10-year median of 8.68. GuruFocus rates NSE:SHANTIGOLD with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 1,119 Retail - Cyclical companies, Shanti Gold International ranks worse than 88.29% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Shanti Gold International's Gross Profit for the three months ended in Mar. 2026 was ₹741 Mil. Shanti Gold International's Revenue for the three months ended in Mar. 2026 was ₹6,589 Mil. Therefore, Shanti Gold International's Gross Margin % for the quarter that ended in Mar. 2026 was 11.25%.


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

NSE:SHANTIGOLD' s Gross Margin % Range Over the Past 10 Years
Min: 6.25   Med: 8.68   Max: 11.84
Current: 11.84


During the past 5 years, the highest Gross Margin % of Shanti Gold International was 11.84%. The lowest was 6.25%. And the median was 8.68%.

NSE:SHANTIGOLD's Gross Margin % is ranked worse than
88.29% of 1119 companies
in the Retail - Cyclical industry
Industry Median: 36.29 vs NSE:SHANTIGOLD: 11.84

Shanti Gold International had a gross margin of 11.25% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Shanti Gold International was 0.00% per year.


Shanti Gold International  (NSE:SHANTIGOLD) 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

Shanti Gold International had a gross margin of 11.25% 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.


Shanti Gold International Gross Margin % Related Terms


Shanti Gold International Gross Margin % Historical Data

* Premium members only.

The historical data trend for Shanti Gold International'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.

Shanti Gold International Gross Margin % Chart

Shanti Gold International Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
6.25 7.77 8.68 9.53 10.85

Shanti Gold International Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only 10.83 8.56 15.15 10.23 11.25

NSE:SHANTIGOLD vs TPR: Gross Margin % Comparison

For the Luxury Goods subindustry, Shanti Gold International'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.


Shanti Gold International Gross Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shanti Gold International's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Shanti Gold International's Gross Margin % falls into.


NSE:SHANTIGOLD
18GF Score
Shanti Gold International Ltd NSE:SHANTIGOLD
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanti Gold International Gross Margin % Calculation

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

Shanti Gold International'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 )
=2190.8 / 20187.09
=(Revenue - Cost of Goods Sold) / Revenue
=(20187.09 - 17996.32) / 20187.09
=10.85 %

Shanti Gold International'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 )
=741 / 6589.3
=(Revenue - Cost of Goods Sold) / Revenue
=(6589.3 - 5848.26) / 6589.3
=11.25 %

* 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 11.25% mean?
Shanti Gold International (NSE:SHANTIGOLD) has a Gross Margin % of 11.25% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Shanti Gold International and its competitors. This is 30% above median its historical median of 8.68. Over the past decade, Shanti Gold International's Gross Margin % has ranged from 6.25 to 11.84. According to the industry distribution chart, Shanti Gold International ranks #988 out of 1119 companies in the Retail - Cyclical industry, placing it in the top 88.3%.
Is Shanti Gold International's Gross Margin % too high?
Shanti Gold International's current Gross Margin % of 11.25% is 30% above median its 10-year median of 8.68. Over the past 10 years, this metric has ranged from a low of 6.25 to a high of 11.84. The Retail - Cyclical industry median Gross Margin % is 36.29. Shanti Gold International's value of 11.25% is 69% below this industry median. Based on the distribution chart, Shanti Gold International ranks #988 out of 1119 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Shanti Gold International has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Shanti Gold International's Gross Margin % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Shanti Gold International ranks #988 out of 1119 companies for Gross Margin %. This places Shanti Gold International in the lower half of its industry. The industry median Gross Margin % is 36.29. Shanti Gold International's value of 11.25% is 69% below this benchmark. Historically, Shanti Gold International's own Gross Margin % has ranged from 6.25 to 11.84 over the past decade. While the company's 10-year median is 8.68 vs. the industry median of 36.29, Shanti Gold International 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 Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.29, based on 1,119 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. Shanti Gold International's current Gross Margin % of 11.25% is 69% 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 Shanti Gold International and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanti Gold International's current Gross Margin % is 11.25%, which is 30% above median its own 10-year median of 8.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanti Gold International stock overvalued right now?
Shanti Gold International (NSE:SHANTIGOLD) has a current Gross Margin % of 11.25%. The current Gross Margin % is 11.25%, which is 30% above median its 10-year median of 8.68 and 69% below the Retail - Cyclical industry median of 36.29. Shanti Gold International's overall GF Score™ is 18/100 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 Shanti Gold International (NSE:SHANTIGOLD), the current Gross Margin % is 11.25% 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.

Shanti Gold International Business Description

Other Exchanges 544459:India
Address Marol Industrial Area, Road No.-1, Plot No A-51, 2nd Floor to 7th Floor, MIDC, Near Tunga International Hotel, Andheri East, Chakala MIDC, Mumbai, MH, IND, 400093
Shanti Gold International Ltd is one of the manufacturers of high-quality 22kt CZ casting gold jewellery, specializing in the design and production of all types of gold jewellery. The Company offers a wide range of high-quality, intricately designed pieces, including bangles, rings, necklaces, and complete jewellery sets across various price points ranging from jewellery for special occasions, such as weddings to festive and daily-wear jewellery.
18GF Score

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