Sportking IndiaNSE:SPORTKING +1.67%70 Gross Margin % is 26.83% as of Mar. 2026, which is 5% above its 10-year median of 25.59. GuruFocus rates NSE:SPORTKING with a GF Score™ of 70/100 and a GF Value™ of ₹101.40 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,021 Manufacturing - Apparel & Accessories companies, Sportking India ranks worse than 54.06% on this metric.
Sportking India Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.2%.
The historical rank and industry rank for Sportking India's Gross Margin % or its related term are showing as below:
NSE:SPORTKING'
s Gross Margin % Range Over the Past 10 Years
Min: 16.33 Med: 25.59 Max: 35.69
Current: 25.26
During the past 12 years, the highestGross Margin % of Sportking India was 35.69%. The lowest was 16.33%. And the median was 25.59%.
NSE:SPORTKING's Gross Margin % is ranked worse than 54.06% of 1021
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.53
vs NSE:SPORTKING: 25.26
Sportking India had a gross margin of 26.83% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Sportking India was -4.20% per year.
Sportking India (NSE:SPORTKING) 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
Sportking India had a gross margin of 26.83% 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.
Sportking India Gross Margin % Related Terms
Sportking India Gross Margin % Historical Data
* Premium members only.
The historical data trend for Sportking India'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.
Sportking India Gross Margin % Competitor Comparison
For the Textile Manufacturing subindustry, Sportking India'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.
Sportking India Gross Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sportking India's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Sportking India'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.
Sportking India (NSE:SPORTKING) has a Gross Margin % of 26.83% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Sportking India and its competitors. This is near median its historical median of 25.59. Over the past decade, Sportking India's Gross Margin % has ranged from 16.33 to 35.69. According to the industry distribution chart, Sportking India ranks #552 out of 1021 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 54.1%.
Is Sportking India's Gross Margin % too high?
Sportking India's current Gross Margin % of 26.83% is near median its 10-year median of 25.59. Over the past 10 years, this metric has ranged from a low of 16.33 to a high of 35.69. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.53. Sportking India's value of 26.83% is 6% below this industry median. Based on the distribution chart, Sportking India ranks #552 out of 1021 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Sportking India has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sportking India's Gross Margin % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Sportking India ranks #552 out of 1021 companies for Gross Margin %. This places Sportking India in the lower half of its industry. The industry median Gross Margin % is 28.53. Sportking India's value of 26.83% is 6% below this benchmark. Historically, Sportking India's own Gross Margin % has ranged from 16.33 to 35.69 over the past decade. While the company's 10-year median is 25.59 vs. the industry median of 28.53, Sportking India 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 Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.53, based on 1,021 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. Sportking India's current Gross Margin % of 26.83% is 6% 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 Sportking India and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sportking India's current Gross Margin % is 26.83%, which is near median its own 10-year median of 25.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sportking India stock overvalued right now?
Based on GuruFocus' analysis, Sportking India (NSE:SPORTKING) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹101.40, compared to a current price of ₹179.34 — trading 76.9% above its estimated fair value. The current Gross Margin % is 26.83%, which is near median its 10-year median of 25.59 and 6% below the Manufacturing - Apparel & Accessories industry median of 28.53. Sportking India's overall GF Score™ is 70/100 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 Sportking India (NSE:SPORTKING), the current Gross Margin % is 26.83% 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 Sportking India (NSE:SPORTKING) Overvalued in 2026?
Based on GuruFocus' analysis, Sportking India stock appears to be overvalued.
The current stock price of ₹179.34 is trading 76.9% above its estimated GF Value™ of ₹101.40.
GuruFocus considers Sportking India to be Significantly Overvalued.
Key valuation signals for NSE:SPORTKING:
Gross Margin %: 26.83% (near median its 10-year median of 25.59)
GF Value™: ₹101.40 vs. price of ₹179.34 (76.9% above fair value)
Industry Position: 6% below the Manufacturing - Apparel & Accessories median (#552 of 1021)
No single metric tells the full story. See the NSE:SPORTKING stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sportking India Ltd is an India-based firm. The company is engaged in manufacturing, trading, and distribution of cotton fabrics, synthetic, blended yarns, and other related products. The company also offers knitted fabrics. The company provides its products through multi-brand channel outlets, through company-owned retail stores, as well as e-commerce stores. It operates in India as well as Outside India.
70GF Score
Get the complete analysis for NSE:SPORTKING
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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