Smarten Power SystemsNSE:SMARTEN -2.70%18 Gross Margin % is 20.59% as of Mar. 2026, which is at its 10-year median of 20.59. GuruFocus rates NSE:SMARTEN with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 1,009 Semiconductors companies, Smarten Power Systems ranks worse than 67.2% on this metric.
NSE:SMARTEN's Gross Margin % is ranked worse than 67.2% of 1009
companies
in the Semiconductors industry
Industry Median: 29.61
vs NSE:SMARTEN: 20.59
Smarten Power Systems had a gross margin of 20.59% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Smarten Power Systems was 0.00% per year.
Smarten Power Systems (NSE:SMARTEN) 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
Smarten Power Systems had a gross margin of 20.59% 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.
Smarten Power Systems Gross Margin % Related Terms
Smarten Power Systems Gross Margin % Historical Data
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The historical data trend for Smarten Power Systems'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.
Smarten Power Systems Gross Margin % Chart
Smarten Power Systems Annual Data
Trend
Mar22
Mar23
Mar24
Mar25
Mar26
Gross Margin %
17.05
19.67
23.30
23.70
20.59
Smarten Power Systems Semi-Annual Data
Mar22
Mar23
Mar24
Mar25
Mar26
Gross Margin %
17.05
19.67
23.30
23.70
20.59
NSE:SMARTEN vs FSLR, NXT, ENPH: Gross Margin % Comparison
For the Solar subindustry, Smarten Power Systems'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.
Smarten Power Systems Gross Margin % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Smarten Power Systems's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Smarten Power Systems'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.
Smarten Power Systems (NSE:SMARTEN) has a Gross Margin % of 20.59% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Smarten Power Systems and its competitors. This is near median its historical median of 20.59. Over the past decade, Smarten Power Systems' Gross Margin % has ranged from 17.05 to 23.70. According to the industry distribution chart, Smarten Power Systems ranks #678 out of 1009 companies in the Semiconductors industry, placing it in the top 67.2%.
Is Smarten Power Systems' Gross Margin % too high?
Smarten Power Systems' current Gross Margin % of 20.59% is near median its 10-year median of 20.59. Over the past 10 years, this metric has ranged from a low of 17.05 to a high of 23.70. The Semiconductors industry median Gross Margin % is 29.61. Smarten Power Systems' value of 20.59% is 30.5% below this industry median. Based on the distribution chart, Smarten Power Systems ranks #678 out of 1009 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Smarten Power Systems has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Smarten Power Systems' Gross Margin % compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Smarten Power Systems ranks #678 out of 1009 companies for Gross Margin %. This places Smarten Power Systems in the lower half of its industry. The industry median Gross Margin % is 29.61. Smarten Power Systems' value of 20.59% is 30.5% below this benchmark. Historically, Smarten Power Systems' own Gross Margin % has ranged from 17.05 to 23.70 over the past decade. While the company's 10-year median is 20.59 vs. the industry median of 29.61, Smarten Power Systems 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 Semiconductors company?
The median Gross Margin % among Semiconductors companies is 29.61, based on 1,009 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. Smarten Power Systems's current Gross Margin % of 20.59% is 30.5% 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 Smarten Power Systems and its competitors. For the Semiconductors industry, the median Gross Margin % is 29.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smarten Power Systems's current Gross Margin % is 20.59%, which is near median its own 10-year median of 20.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smarten Power Systems stock overvalued right now?
Smarten Power Systems (NSE:SMARTEN) has a current Gross Margin % of 20.59%. The current Gross Margin % is 20.59%, which is near median its 10-year median of 20.59 and 30.5% below the Semiconductors industry median of 29.61. Smarten Power Systems' 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 Smarten Power Systems (NSE:SMARTEN), the current Gross Margin % is 20.59% 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.
Smarten Power Systems Ltd is engaged into designing and assembling of power back-up and developed solar power products such as Home UPS systems, solar inverters, solar power conditioning units (PCUs), solar charge controllers. It is also engaged in the trading of solar panels and batteries. It sells its products through its distributors within India. Currently, The Company is operating in 23 states and 2 union territories within India and has also established footprint in over 18 countries which includes Middle East, Africa, and South Asia region.
18GF Score
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