Signet Industries (NSE:SIGIND) Gross Margin %: 18.08% (As of Mar. 2026) — 14% Above Median


NSE:SIGIND Signet Industries Ltd NSE:SIGIND
74 GF Score
Price ₹46.97
GF Value ₹71.47
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Signet Industries Gross Margin %?

Signet Industries NSE:SIGIND -1.05% 74 Gross Margin % is 18.08% as of Mar. 2026, which is 14% above its 10-year median of 15.80. GuruFocus rates NSE:SIGIND with a GF Score™ of 74/100 and a GF Value™ of ₹71.47 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 511 Conglomerates companies, Signet Industries ranks worse than 75.54% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Signet Industries's Gross Profit for the three months ended in Mar. 2026 was ₹706 Mil. Signet Industries's Revenue for the three months ended in Mar. 2026 was ₹3,906 Mil. Therefore, Signet Industries's Gross Margin % for the quarter that ended in Mar. 2026 was 18.08%.


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

NSE:SIGIND' s Gross Margin % Range Over the Past 10 Years
Min: 11.83   Med: 15.8   Max: 16.49
Current: 15.74


During the past 13 years, the highest Gross Margin % of Signet Industries was 16.49%. The lowest was 11.83%. And the median was 15.80%.

NSE:SIGIND's Gross Margin % is ranked worse than
75.54% of 511 companies
in the Conglomerates industry
Industry Median: 25.96 vs NSE:SIGIND: 15.74

Signet Industries had a gross margin of 18.08% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Signet Industries was -0.40% per year.


Signet Industries  (NSE:SIGIND) 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

Signet Industries had a gross margin of 18.08% 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.


Signet Industries Gross Margin % Related Terms


Signet Industries Gross Margin % Historical Data

* Premium members only.

The historical data trend for Signet Industries'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.

Signet Industries Gross Margin % Chart

Signet Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.04 16.49 15.94 15.64 15.74

Signet Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.64 17.74 14.75 12.86 18.08

NSE:SIGIND vs HON, MMM: Gross Margin % Comparison

For the Conglomerates subindustry, Signet Industries'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.


Signet Industries Gross Margin % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Signet Industries's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Signet Industries's Gross Margin % falls into.


NSE:SIGIND
74GF Score
Signet Industries Ltd NSE:SIGIND
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Signet Industries Gross Margin % Calculation

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

Signet Industries'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 )
=2120.3 / 13467.888
=(Revenue - Cost of Goods Sold) / Revenue
=(13467.888 - 11347.608) / 13467.888
=15.74 %

Signet Industries'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 )
=706.3 / 3906.111
=(Revenue - Cost of Goods Sold) / Revenue
=(3906.111 - 3199.858) / 3906.111
=18.08 %

* 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 18.08% mean?
Signet Industries (NSE:SIGIND) has a Gross Margin % of 18.08% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Signet Industries and its competitors. This is 14% above median its historical median of 15.80. Over the past decade, Signet Industries' Gross Margin % has ranged from 11.83 to 16.49. According to the industry distribution chart, Signet Industries ranks #386 out of 511 companies in the Conglomerates industry, placing it in the top 75.5%.
Is Signet Industries' Gross Margin % too high?
Signet Industries' current Gross Margin % of 18.08% is 14% above median its 10-year median of 15.80. Over the past 10 years, this metric has ranged from a low of 11.83 to a high of 16.49. The Conglomerates industry median Gross Margin % is 25.96. Signet Industries' value of 18.08% is 30.4% below this industry median. Based on the distribution chart, Signet Industries ranks #386 out of 511 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Signet Industries has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Signet Industries' Gross Margin % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Signet Industries ranks #386 out of 511 companies for Gross Margin %. This places Signet Industries in the lower half of its industry. The industry median Gross Margin % is 25.96. Signet Industries' value of 18.08% is 30.4% below this benchmark. Historically, Signet Industries' own Gross Margin % has ranged from 11.83 to 16.49 over the past decade. While the company's 10-year median is 15.80 vs. the industry median of 25.96, Signet Industries 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 Conglomerates company?
The median Gross Margin % among Conglomerates companies is 25.96, based on 511 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. Signet Industries's current Gross Margin % of 18.08% is 30.4% 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 Signet Industries and its competitors. For the Conglomerates industry, the median Gross Margin % is 25.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Signet Industries's current Gross Margin % is 18.08%, which is 14% above median its own 10-year median of 15.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Signet Industries stock overvalued right now?
Based on GuruFocus' analysis, Signet Industries (NSE:SIGIND) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹71.47, compared to a current price of ₹46.97 — trading 34.3% below its estimated fair value. The current Gross Margin % is 18.08%, which is 14% above median its 10-year median of 15.80 and 30.4% below the Conglomerates industry median of 25.96. Signet Industries' overall GF Score™ is 74/100 with 1 warning sign 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 Signet Industries (NSE:SIGIND), the current Gross Margin % is 18.08% 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.

Is Signet Industries (NSE:SIGIND) Overvalued in 2026?

Based on GuruFocus' analysis, Signet Industries stock appears to be undervalued. The current stock price of ₹46.97 is trading 34.3% below its estimated GF Value™ of ₹71.47. GuruFocus considers Signet Industries to be Significantly Undervalued.

Key valuation signals for NSE:SIGIND:

  • Gross Margin %: 18.08% (14% above median its 10-year median of 15.80)
  • GF Value™: ₹71.47 vs. price of ₹46.97 (34.3% below fair value)
  • GF Score™: 74/100 with 1 warning sign
  • Industry Position: 30.4% below the Conglomerates median (#386 of 511)

No single metric tells the full story. See the NSE:SIGIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Signet Industries Business Description

Other Exchanges 512131:India
Address Smart Industrial Park, Plot no. 99, Near NATRIP, Pithampur, Dhar, MP, IND, 454775
Signet Industries Ltd is engaged in the business of merchant trading in all kinds of polymers and related products. It is also involved in manufacturing micro-irrigation systems, sprinkler pipes, agro fittings, and its allied products, household, and plastic molded furniture. Its primary segments are Manufacturing, Windmill, and Trading. The Manufacturing segment, which generates maximum revenue, comprises the manufacturing of irrigation and plastic products. Its Windmill segment includes its wind turbine power unit, and the Trading segment involves the trading of polymers and plastic granules. Geographically, the company derives a majority of its revenue from its business in India and also caters to the international markets through exports.
74GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹46.97
Price
₹71.47
GF Value