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SJVNNSE:SJVN +0.03%77 Gross Margin % is 85.73% as of Mar. 2026, which is 11% below its 10-year median of 96.62. GuruFocus rates NSE:SJVN with a GF Score™ of 77/100 and a GF Value™ of ₹155.81 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 404 Utilities - Independent Power Producers companies, SJVN ranks better than 95.3% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. SJVN's Gross Profit for the
three
months ended in Mar. 2026 was ₹12,829 Mil. SJVN's Revenue for the
three
months ended in Mar. 2026 was ₹14,965 Mil. Therefore, SJVN's Gross Margin % for the quarter that ended in Mar. 2026 was 85.73%.
The historical rank and industry rank for SJVN's Gross Margin % or its related term are showing as below:
NSE:SJVN'
s Gross Margin % Range Over the Past 10 Years
Min: 93.65 Med: 96.62 Max: 97.55
Current: 93.65
During the past 13 years, the highestGross Margin % of SJVN was 97.55%. The lowest was 93.65%. And the median was 96.62%.
NSE:SJVN's Gross Margin % is ranked better than 95.3% of 404
companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.32
vs NSE:SJVN: 93.65
SJVN had a gross margin of 85.73% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for SJVN was -0.40% per year.
SJVN (NSE:SJVN) 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
SJVN had a gross margin of 85.73% for the quarter that ended in Mar. 2026 => Durable 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.
SJVN Gross Margin % Related Terms
SJVN Gross Margin % Historical Data
* Premium members only.
The historical data trend for SJVN'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.
For the Utilities - Renewable subindustry, SJVN'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.
SJVN Gross Margin % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, SJVN's Gross Margin % distribution charts can be found below:
* The bar in red indicates where SJVN'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.
SJVN (NSE:SJVN) has a Gross Margin % of 85.73% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on SJVN and its competitors. This is 11% below median its historical median of 96.62. Over the past decade, SJVN's Gross Margin % has ranged from 93.65 to 97.55. According to the industry distribution chart, SJVN ranks #19 out of 404 companies in the Utilities - Independent Power Producers industry, placing it in the top 4.7%.
Is SJVN's Gross Margin % too high?
SJVN's current Gross Margin % of 85.73% is 11% below median its 10-year median of 96.62. Over the past 10 years, this metric has ranged from a low of 93.65 to a high of 97.55. The Utilities - Independent Power Producers industry median Gross Margin % is 31.32. SJVN's value of 85.73% is 173.7% above this industry median. Based on the distribution chart, SJVN ranks #19 out of 404 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, SJVN has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SJVN's Gross Margin % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, SJVN ranks #19 out of 404 companies for Gross Margin %. This places SJVN in the top 5% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 31.32. SJVN's value of 85.73% is 173.7% above this benchmark. Historically, SJVN's own Gross Margin % has ranged from 93.65 to 97.55 over the past decade. While the company's 10-year median is 96.62 vs. the industry median of 31.32, SJVN 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 an Utilities - Independent Power Producers company?
The median Gross Margin % among Utilities - Independent Power Producers companies is 31.32, based on 404 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. SJVN's current Gross Margin % of 85.73% is 173.7% 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 SJVN and its competitors. For the Utilities - Independent Power Producers industry, the median Gross Margin % is 31.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SJVN's current Gross Margin % is 85.73%, which is 11% below median its own 10-year median of 96.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SJVN stock overvalued right now?
Based on GuruFocus' analysis, SJVN (NSE:SJVN) is currently considered Possible Value Trap. The stock's GF Value™ is ₹155.81, compared to a current price of ₹70.05 — trading 55% below its estimated fair value. The current Gross Margin % is 85.73%, which is 11% below median its 10-year median of 96.62 and 173.7% above the Utilities - Independent Power Producers industry median of 31.32. SJVN's overall GF Score™ is 77/100 with 8 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 SJVN (NSE:SJVN), the current Gross Margin % is 85.73% 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 SJVN (NSE:SJVN) Overvalued in 2026?
Based on GuruFocus' analysis, SJVN stock appears to be undervalued.
The current stock price of ₹70.05 is trading 55% below its estimated GF Value™ of ₹155.81.
GuruFocus considers SJVN to be Possible Value Trap.
Key valuation signals for NSE:SJVN:
Gross Margin %: 85.73% (11% below median its 10-year median of 96.62)
GF Value™: ₹155.81 vs. price of ₹70.05 (55% below fair value)
Industry Position: 173.7% above the Utilities - Independent Power Producers median (#19 of 404)
No single metric tells the full story. See the NSE:SJVN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SJVN Ltd is engaged in the business of generating and selling power. It is implementing various solar, hydro, wind, and thermal power projects and transmission lines across different states in India, such as Himachal Pradesh, Uttarakhand, Bihar, Gujarat, Rajasthan, and Arunachal Pradesh etc., as well as in neighboring countries, including Nepal and Bhutan. The group is also engaged in the business of providing consultancy and energy trading. The majority of its revenue is generated from Energy sales.
77GF Score
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