Shri Kanha Stainless (NSE:SHRIKANHA) Gross Margin %: 14.70% (As of Mar. 2026) — 17% Above Median

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NSE:SHRIKANHA Shri Kanha Stainless Ltd NSE:SHRIKANHA
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What is Shri Kanha Stainless Gross Margin %?

Shri Kanha Stainless NSE:SHRIKANHA +4.86% 13 Gross Margin % is 14.70% as of Mar. 2026, which is 17% above its 10-year median of 12.55. GuruFocus rates NSE:SHRIKANHA with a GF Score™ of 13/100. The stock has 6 warning signs investors should review. Among 596 Steel companies, Shri Kanha Stainless ranks better than 51.17% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Shri Kanha Stainless's Gross Profit for the six months ended in Mar. 2026 was ₹140 Mil. Shri Kanha Stainless's Revenue for the six months ended in Mar. 2026 was ₹954 Mil. Therefore, Shri Kanha Stainless's Gross Margin % for the quarter that ended in Mar. 2026 was 14.70%.


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

NSE:SHRIKANHA' s Gross Margin % Range Over the Past 10 Years
Min: 8.5   Med: 12.55   Max: 13.69
Current: 13.06


During the past 4 years, the highest Gross Margin % of Shri Kanha Stainless was 13.69%. The lowest was 8.50%. And the median was 12.55%.

NSE:SHRIKANHA's Gross Margin % is ranked better than
51.17% of 596 companies
in the Steel industry
Industry Median: 12.665 vs NSE:SHRIKANHA: 13.06

Shri Kanha Stainless had a gross margin of 14.70% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Shri Kanha Stainless was 0.00% per year.


Shri Kanha Stainless  (NSE:SHRIKANHA) 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 Kanha Stainless had a gross margin of 14.70% 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.


Shri Kanha Stainless Gross Margin % Related Terms


Shri Kanha Stainless Gross Margin % Historical Data

* Premium members only.

The historical data trend for Shri Kanha Stainless'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.

Shri Kanha Stainless Gross Margin % Chart

Shri Kanha Stainless Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Gross Margin %
8.50 12.04 13.69 13.06

Shri Kanha Stainless Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
Gross Margin % 0.00 0.00 12.63 11.64 14.70

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

For the Steel subindustry, Shri Kanha Stainless'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 Kanha Stainless Gross Margin % vs Steel Industry

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

* The bar in red indicates where Shri Kanha Stainless's Gross Margin % falls into.


NSE:SHRIKANHA
13GF Score
Shri Kanha Stainless Ltd NSE:SHRIKANHA
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shri Kanha Stainless Gross Margin % Calculation

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

Shri Kanha Stainless'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 )
=268.6 / 2056.488
=(Revenue - Cost of Goods Sold) / Revenue
=(2056.488 - 1787.931) / 2056.488
=13.06 %

Shri Kanha Stainless'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 )
=140.3 / 954.235
=(Revenue - Cost of Goods Sold) / Revenue
=(954.235 - 813.954) / 954.235
=14.70 %

* 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 14.70% mean?
Shri Kanha Stainless (NSE:SHRIKANHA) has a Gross Margin % of 14.70% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Shri Kanha Stainless and its competitors. This is 17% above median its historical median of 12.55. Over the past decade, Shri Kanha Stainless' Gross Margin % has ranged from 8.50 to 13.69. According to the industry distribution chart, Shri Kanha Stainless ranks #291 out of 596 companies in the Steel industry, placing it in the top 48.8%.
Is Shri Kanha Stainless' Gross Margin % too high?
Shri Kanha Stainless' current Gross Margin % of 14.70% is 17% above median its 10-year median of 12.55. Over the past 10 years, this metric has ranged from a low of 8.50 to a high of 13.69. The Steel industry median Gross Margin % is 12.67. Shri Kanha Stainless' value of 14.70% is 16.1% above this industry median. Based on the distribution chart, Shri Kanha Stainless ranks #291 out of 596 companies in the Steel industry, which is above the industry midpoint. Overall, Shri Kanha Stainless has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Shri Kanha Stainless' Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Shri Kanha Stainless ranks #291 out of 596 companies for Gross Margin %. This puts Shri Kanha Stainless in the upper half of its industry. The industry median Gross Margin % is 12.67. Shri Kanha Stainless' value of 14.70% is 16.1% above this benchmark. Historically, Shri Kanha Stainless' own Gross Margin % has ranged from 8.50 to 13.69 over the past decade. While the company's 10-year median is 12.55 vs. the industry median of 12.67, Shri Kanha Stainless 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 12.67, based on 596 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 Kanha Stainless's current Gross Margin % of 14.70% is 16.1% 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 Kanha Stainless and its competitors. For the Steel industry, the median Gross Margin % is 12.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shri Kanha Stainless's current Gross Margin % is 14.70%, which is 17% above median its own 10-year median of 12.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shri Kanha Stainless stock overvalued right now?
Shri Kanha Stainless (NSE:SHRIKANHA) has a current Gross Margin % of 14.70%. The current Gross Margin % is 14.70%, which is 17% above median its 10-year median of 12.55 and 16.1% above the Steel industry median of 12.67. Shri Kanha Stainless' overall GF Score™ is 13/100 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 Shri Kanha Stainless (NSE:SHRIKANHA), the current Gross Margin % is 14.70% 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 Kanha Stainless Business Description

Address Nirwaroo Road, Plot No. 70-B, Unit No. 401-402, 4th Floor, Trimurty Prime Tower, Jhotwara, Jaipur, RJ, IND, 302 012
Shri Kanha Stainless Ltd is a manufacturer of precision stainless steel cold-rolled strips, offering a wide range of thin and ultra-thin variants designed to meet diverse industrial requirements. The company's products are widely used across various sectors, including the textile, automotive, and chemical industries, as well as in flexible tubes, capillary tubes, clocks, watches, and electrical equipment. Its key product offerings include Cold Rolling of Stainless-Steel Precision Strips (HR/CR SS Coil/Slitted), Stainless Steel Circle, and Stainless Steel Sheet. The company derives revenue from the sale of its products, mainly from the sale of HR/CR SS Coil/Slitted products.
13GF Score

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