Star Paper Mills (NSE:STARPAPER) Gross Margin %: 43.19% (As of Mar. 2026) — 39% Above Median


NSE:STARPAPER Star Paper Mills Ltd NSE:STARPAPER
77 GF Score
Price ₹136.65
GF Value ₹170.64
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Star Paper Mills Gross Margin %?

Star Paper Mills NSE:STARPAPER -1.05% 77 Gross Margin % is 43.19% as of Mar. 2026, which is 39% above its 10-year median of 31.05. GuruFocus rates NSE:STARPAPER with a GF Score™ of 77/100 and a GF Value™ of ₹170.64 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 279 Forest Products companies, Star Paper Mills ranks better than 86.74% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Star Paper Mills's Gross Profit for the three months ended in Mar. 2026 was ₹486 Mil. Star Paper Mills's Revenue for the three months ended in Mar. 2026 was ₹1,126 Mil. Therefore, Star Paper Mills's Gross Margin % for the quarter that ended in Mar. 2026 was 43.19%.


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

NSE:STARPAPER' s Gross Margin % Range Over the Past 10 Years
Min: 26.99   Med: 31.05   Max: 49.63
Current: 47.29


During the past 13 years, the highest Gross Margin % of Star Paper Mills was 49.63%. The lowest was 26.99%. And the median was 31.05%.

NSE:STARPAPER's Gross Margin % is ranked better than
86.74% of 279 companies
in the Forest Products industry
Industry Median: 19.05 vs NSE:STARPAPER: 47.29

Star Paper Mills had a gross margin of 43.19% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Star Paper Mills was 12.10% per year.


Star Paper Mills  (NSE:STARPAPER) 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

Star Paper Mills had a gross margin of 43.19% 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.


Star Paper Mills Gross Margin % Related Terms


Star Paper Mills Gross Margin % Historical Data

* Premium members only.

The historical data trend for Star Paper Mills'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.

Star Paper Mills Gross Margin % Chart

Star Paper Mills 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 26.99 30.51 30.89 49.63 47.29

Star Paper Mills 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 47.96 49.49 50.56 46.20 43.19

Star Paper Mills Gross Margin % Competitor Comparison

For the Paper & Paper Products subindustry, Star Paper Mills'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.


Star Paper Mills Gross Margin % vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Star Paper Mills's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Star Paper Mills's Gross Margin % falls into.


NSE:STARPAPER
77GF Score
Star Paper Mills Ltd NSE:STARPAPER
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Star Paper Mills Gross Margin % Calculation

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

Star Paper Mills'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 )
=1938.7 / 4099.382
=(Revenue - Cost of Goods Sold) / Revenue
=(4099.382 - 2160.682) / 4099.382
=47.29 %

Star Paper Mills'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 )
=486.2 / 1125.851
=(Revenue - Cost of Goods Sold) / Revenue
=(1125.851 - 639.642) / 1125.851
=43.19 %

* 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 43.19% mean?
Star Paper Mills (NSE:STARPAPER) has a Gross Margin % of 43.19% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Star Paper Mills and its competitors. This is 39% above median its historical median of 31.05. Over the past decade, Star Paper Mills' Gross Margin % has ranged from 26.99 to 49.63. According to the industry distribution chart, Star Paper Mills ranks #37 out of 279 companies in the Forest Products industry, placing it in the top 13.3%.
Is Star Paper Mills' Gross Margin % too high?
Star Paper Mills' current Gross Margin % of 43.19% is 39% above median its 10-year median of 31.05. Over the past 10 years, this metric has ranged from a low of 26.99 to a high of 49.63. The Forest Products industry median Gross Margin % is 19.05. Star Paper Mills' value of 43.19% is 126.7% above this industry median. Based on the distribution chart, Star Paper Mills ranks #37 out of 279 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Star Paper Mills has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Star Paper Mills' Gross Margin % compare to competitors?
According to the Forest Products industry distribution chart, Star Paper Mills ranks #37 out of 279 companies for Gross Margin %. This places Star Paper Mills in the top 13% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 19.05. Star Paper Mills' value of 43.19% is 126.7% above this benchmark. Historically, Star Paper Mills' own Gross Margin % has ranged from 26.99 to 49.63 over the past decade. While the company's 10-year median is 31.05 vs. the industry median of 19.05, Star Paper Mills 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 Forest Products company?
The median Gross Margin % among Forest Products companies is 19.05, based on 279 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. Star Paper Mills's current Gross Margin % of 43.19% is 126.7% 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 Star Paper Mills and its competitors. For the Forest Products industry, the median Gross Margin % is 19.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Star Paper Mills's current Gross Margin % is 43.19%, which is 39% above median its own 10-year median of 31.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Star Paper Mills stock overvalued right now?
Based on GuruFocus' analysis, Star Paper Mills (NSE:STARPAPER) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹170.64, compared to a current price of ₹136.65 — trading 19.9% below its estimated fair value. The current Gross Margin % is 43.19%, which is 39% above median its 10-year median of 31.05 and 126.7% above the Forest Products industry median of 19.05. Star Paper Mills' overall GF Score™ is 77/100 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 Star Paper Mills (NSE:STARPAPER), the current Gross Margin % is 43.19% 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 Star Paper Mills (NSE:STARPAPER) Overvalued in 2026?

Based on GuruFocus' analysis, Star Paper Mills stock appears to be undervalued. The current stock price of ₹136.65 is trading 19.9% below its estimated GF Value™ of ₹170.64. GuruFocus considers Star Paper Mills to be Modestly Undervalued.

Key valuation signals for NSE:STARPAPER:

  • Gross Margin %: 43.19% (39% above median its 10-year median of 31.05)
  • GF Value™: ₹170.64 vs. price of ₹136.65 (19.9% below fair value)
  • GF Score™: 77/100 with 6 warning signs
  • Industry Position: 126.7% above the Forest Products median (#37 of 279)

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


Star Paper Mills Business Description

Other Exchanges 516022:India
Address 31 Netaji Subhash Road, Duncan House, 2nd Floor, Kolkata, WB, IND, 700 001
Star Paper Mills Ltd is engaged in the manufacture and supply of Paper, paperboard, and other related products as its core business. It produces a wide range of Industrial Packaging and cultural paper catering to various segments of the consumer. It sells within Indian markets and Outside India.
77GF Score

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

₹136.65
Price
₹170.64
GF Value