Shri Hare-Krishna Sponge IronNSE:SHKSIL 31 Gross Margin % is 21.08% as of Mar. 2026, which is 8% below its 10-year median of 22.87. GuruFocus rates NSE:SHKSIL with a GF Score™ of 31/100. The stock has 7 warning signs investors should review. Among 593 Steel companies, Shri Hare-Krishna Sponge Iron ranks better than 75.55% on this metric.
Shri Hare-Krishna Sponge Iron (NSE:SHKSIL) 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
Shri Hare-Krishna Sponge Iron had a gross margin of 21.08% 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.
Shri Hare-Krishna Sponge Iron Gross Margin % Related Terms
Shri Hare-Krishna Sponge Iron Gross Margin % Historical Data
* 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.
Shri Hare-Krishna Sponge Iron Gross Margin % Chart
NSE:SHKSIL vs NUE, STLD, RS: Gross Margin % Comparison
For the Steel subindustry, Shri Hare-Krishna Sponge Iron'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.
Shri Hare-Krishna Sponge Iron Gross Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Shri Hare-Krishna Sponge Iron's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Shri Hare-Krishna Sponge Iron'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.
Shri Hare-Krishna Sponge Iron (NSE:SHKSIL) has a Gross Margin % of 21.08% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Shri Hare-Krishna Sponge Iron and its competitors. This is near median its historical median of 22.87. Over the past decade, Shri Hare-Krishna Sponge Iron's Gross Margin % has ranged from 22.51 to 25.65. According to the industry distribution chart, Shri Hare-Krishna Sponge Iron ranks #145 out of 593 companies in the Steel industry, placing it in the top 24.5%.
Is Shri Hare-Krishna Sponge Iron's Gross Margin % too high?
Shri Hare-Krishna Sponge Iron's current Gross Margin % of 21.08% is near median its 10-year median of 22.87. Over the past 10 years, this metric has ranged from a low of 22.51 to a high of 25.65. The Steel industry median Gross Margin % is 12.60. Shri Hare-Krishna Sponge Iron's value of 21.08% is 67.3% above this industry median. Based on the distribution chart, Shri Hare-Krishna Sponge Iron ranks #145 out of 593 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Shri Hare-Krishna Sponge Iron has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Shri Hare-Krishna Sponge Iron's Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Shri Hare-Krishna Sponge Iron ranks #145 out of 593 companies for Gross Margin %. This places Shri Hare-Krishna Sponge Iron in the top 25% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 12.60. Shri Hare-Krishna Sponge Iron's value of 21.08% is 67.3% above this benchmark. Historically, Shri Hare-Krishna Sponge Iron's own Gross Margin % has ranged from 22.51 to 25.65 over the past decade. While the company's 10-year median is 22.87 vs. the industry median of 12.60, Shri Hare-Krishna Sponge Iron 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. Shri Hare-Krishna Sponge Iron's current Gross Margin % of 21.08% is 67.3% 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 Shri Hare-Krishna Sponge Iron 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. Shri Hare-Krishna Sponge Iron's current Gross Margin % is 21.08%, which is near median its own 10-year median of 22.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shri Hare-Krishna Sponge Iron stock overvalued right now?
Shri Hare-Krishna Sponge Iron (NSE:SHKSIL) has a current Gross Margin % of 21.08%. The current Gross Margin % is 21.08%, which is near median its 10-year median of 22.87 and 67.3% above the Steel industry median of 12.60. Shri Hare-Krishna Sponge Iron's overall GF Score™ is 31/100 with 7 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 Shri Hare-Krishna Sponge Iron (NSE:SHKSIL), the current Gross Margin % is 21.08% 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.
Shri Hare-Krishna Sponge Iron Business Description
Shri Hare-Krishna Sponge Iron Ltd is engaged in the business of manufacturing and selling of Sponge Iron. Sponge iron is mainly used as a raw material for steel production in electric arc furnaces and induction furnaces. Through its sponge iron business, it caters to the metallic requirements of steel producers in selected geographies.
31GF Score
Get the complete analysis for NSE:SHKSIL
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:SHKSIL has been successfully added to your 