Tapi Fruit Processing (NSE:TAPIFRUIT) Gross Margin %: 24.18% (As of Mar. 2026) — Near Median

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NSE:TAPIFRUIT Tapi Fruit Processing Ltd NSE:TAPIFRUIT
46 GF Score
Price ₹47.70
GF Value ₹141.10
Valuation Possible Value Trap
! 7 Warning Signs
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What is Tapi Fruit Processing Gross Margin %?

Tapi Fruit Processing NSE:TAPIFRUIT 46 Gross Margin % is 24.18% as of Mar. 2026, which is 2% above its 10-year median of 23.76. GuruFocus rates NSE:TAPIFRUIT with a GF Score™ of 46/100 and a GF Value™ of ₹141.10 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,908 Consumer Packaged Goods companies, Tapi Fruit Processing ranks worse than 55.87% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Tapi Fruit Processing's Gross Profit for the six months ended in Mar. 2026 was ₹39.1 Mil. Tapi Fruit Processing's Revenue for the six months ended in Mar. 2026 was ₹161.6 Mil. Therefore, Tapi Fruit Processing's Gross Margin % for the quarter that ended in Mar. 2026 was 24.18%.

Warning Sign:

Tapi Fruit Processing Ltd gross margin has been in long-term decline. The average rate of decline per year is -7.1%.


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

NSE:TAPIFRUIT' s Gross Margin % Range Over the Past 10 Years
Min: 18.44   Med: 23.76   Max: 31.47
Current: 23.76


During the past 7 years, the highest Gross Margin % of Tapi Fruit Processing was 31.47%. The lowest was 18.44%. And the median was 23.76%.

NSE:TAPIFRUIT's Gross Margin % is ranked worse than
55.87% of 1908 companies
in the Consumer Packaged Goods industry
Industry Median: 26.345 vs NSE:TAPIFRUIT: 23.76

Tapi Fruit Processing had a gross margin of 24.18% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Tapi Fruit Processing was -7.10% per year.


Tapi Fruit Processing  (NSE:TAPIFRUIT) 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

Tapi Fruit Processing had a gross margin of 24.18% 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.


Tapi Fruit Processing Gross Margin % Related Terms


Tapi Fruit Processing Gross Margin % Historical Data

* Premium members only.

The historical data trend for Tapi Fruit Processing'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.

Tapi Fruit Processing Gross Margin % Chart

Tapi Fruit Processing Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial 27.83 22.65 21.67 18.44 23.76

Tapi Fruit Processing Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.32 18.99 17.92 23.22 24.18

NSE:TAPIFRUIT vs KHC, GIS: Gross Margin % Comparison

For the Packaged Foods subindustry, Tapi Fruit Processing'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.


Tapi Fruit Processing Gross Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tapi Fruit Processing's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Tapi Fruit Processing's Gross Margin % falls into.


NSE:TAPIFRUIT
46GF Score
Tapi Fruit Processing Ltd NSE:TAPIFRUIT
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tapi Fruit Processing Gross Margin % Calculation

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

Tapi Fruit Processing'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 )
=67.8 / 285.271
=(Revenue - Cost of Goods Sold) / Revenue
=(285.271 - 217.483) / 285.271
=23.76 %

Tapi Fruit Processing'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 )
=39.1 / 161.644
=(Revenue - Cost of Goods Sold) / Revenue
=(161.644 - 122.558) / 161.644
=24.18 %

* 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 24.18% mean?
Tapi Fruit Processing (NSE:TAPIFRUIT) has a Gross Margin % of 24.18% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Tapi Fruit Processing and its competitors. This is near median its historical median of 23.76. Over the past decade, Tapi Fruit Processing's Gross Margin % has ranged from 18.44 to 31.47. According to the industry distribution chart, Tapi Fruit Processing ranks #1066 out of 1908 companies in the Consumer Packaged Goods industry, placing it in the top 55.9%.
Is Tapi Fruit Processing's Gross Margin % too high?
Tapi Fruit Processing's current Gross Margin % of 24.18% is near median its 10-year median of 23.76. Over the past 10 years, this metric has ranged from a low of 18.44 to a high of 31.47. The Consumer Packaged Goods industry median Gross Margin % is 26.35. Tapi Fruit Processing's value of 24.18% is 8.2% below this industry median. Based on the distribution chart, Tapi Fruit Processing ranks #1066 out of 1908 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Tapi Fruit Processing has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tapi Fruit Processing's Gross Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Tapi Fruit Processing ranks #1066 out of 1908 companies for Gross Margin %. This places Tapi Fruit Processing in the lower half of its industry. The industry median Gross Margin % is 26.35. Tapi Fruit Processing's value of 24.18% is 8.2% below this benchmark. Historically, Tapi Fruit Processing's own Gross Margin % has ranged from 18.44 to 31.47 over the past decade. While the company's 10-year median is 23.76 vs. the industry median of 26.35, Tapi Fruit Processing 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 Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.35, based on 1,908 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. Tapi Fruit Processing's current Gross Margin % of 24.18% is 8.2% 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 Tapi Fruit Processing and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tapi Fruit Processing's current Gross Margin % is 24.18%, which is near median its own 10-year median of 23.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tapi Fruit Processing stock overvalued right now?
Based on GuruFocus' analysis, Tapi Fruit Processing (NSE:TAPIFRUIT) is currently considered Possible Value Trap. The stock's GF Value™ is ₹141.10, compared to a current price of ₹47.70 — trading 66.2% below its estimated fair value. The current Gross Margin % is 24.18%, which is near median its 10-year median of 23.76 and 8.2% below the Consumer Packaged Goods industry median of 26.35. Tapi Fruit Processing's overall GF Score™ is 46/100 with 7 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 Tapi Fruit Processing (NSE:TAPIFRUIT), the current Gross Margin % is 24.18% 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 Tapi Fruit Processing (NSE:TAPIFRUIT) Overvalued in 2026?

Based on GuruFocus' analysis, Tapi Fruit Processing stock appears to be undervalued. The current stock price of ₹47.70 is trading 66.2% below its estimated GF Value™ of ₹141.10. GuruFocus considers Tapi Fruit Processing to be Possible Value Trap.

Key valuation signals for NSE:TAPIFRUIT:

  • Gross Margin %: 24.18% (near median its 10-year median of 23.76)
  • GF Value™: ₹141.10 vs. price of ₹47.70 (66.2% below fair value)
  • GF Score™: 46/100 with 7 warning signs
  • Industry Position: 8.2% below the Consumer Packaged Goods median (#1066 of 1908)

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


Tapi Fruit Processing Business Description

Address Varachha Road, Office No. 212 to 214, Sunrise Chambers, Near Ashok Colony, Mini Bazar, Surat, GJ, IND, 395006
Tapi Fruit Processing Ltd is engaged in the manufacturing and selling of jam and jelly-based products such as candied, crystallized, and glazed fruits, fruit bars, fruit jellies, fruit jams, fruit leathers, chutneys and sauces, beverages, fruit crushes, fruit syrups, and nutraceutical products such as vitamin gummies. The company's revenue mainly comes from the sale of food products distributed through distributors, modern trade, direct sales channels, and others. The company has a domestic and international presence in over 20 countries.
46GF Score

Get the complete analysis for NSE:TAPIFRUIT

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

₹47.70
Price
₹141.10
GF Value