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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Thejo EngineeringNSE:THEJO +1.95%89 Gross Margin % is 80.57% as of Mar. 2026, which is 33% above its 10-year median of 60.61. GuruFocus rates NSE:THEJO with a GF Score™ of 89/100 and a GF Value™ of ₹2,261.70 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,996 Industrial Products companies, Thejo Engineering ranks better than 99.13% on this metric.
The historical rank and industry rank for Thejo Engineering's Gross Margin % or its related term are showing as below:
NSE:THEJO'
s Gross Margin % Range Over the Past 10 Years
Min: 54.67 Med: 60.61 Max: 80.28
Current: 80.28
During the past 13 years, the highestGross Margin % of Thejo Engineering was 80.28%. The lowest was 54.67%. And the median was 60.61%.
NSE:THEJO's Gross Margin % is ranked better than 99.13% of 2996
companies
in the Industrial Products industry
Industry Median: 26.8
vs NSE:THEJO: 80.28
Thejo Engineering had a gross margin of 80.57% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Thejo Engineering was 6.60% per year.
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
Thejo Engineering had a gross margin of 80.57% 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.
Thejo Engineering Gross Margin % Related Terms
Thejo Engineering Gross Margin % Historical Data
* Premium members only.
The historical data trend for Thejo Engineering'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.
NSE:THEJO vs GEV, ETN, PH: Gross Margin % Comparison
For the Specialty Industrial Machinery subindustry, Thejo Engineering'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.
Thejo Engineering Gross Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Thejo Engineering's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Thejo Engineering'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.
Thejo Engineering (NSE:THEJO) has a Gross Margin % of 80.57% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Thejo Engineering and its competitors. This is 33% above median its historical median of 60.61. Over the past decade, Thejo Engineering's Gross Margin % has ranged from 54.67 to 80.28. According to the industry distribution chart, Thejo Engineering ranks #26 out of 2996 companies in the Industrial Products industry, placing it in the top 0.90000000000001%.
Is Thejo Engineering's Gross Margin % too high?
Thejo Engineering's current Gross Margin % of 80.57% is 33% above median its 10-year median of 60.61. Over the past 10 years, this metric has ranged from a low of 54.67 to a high of 80.28. The Industrial Products industry median Gross Margin % is 26.80. Thejo Engineering's value of 80.57% is 200.6% above this industry median. Based on the distribution chart, Thejo Engineering ranks #26 out of 2996 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Thejo Engineering has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thejo Engineering's Gross Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Thejo Engineering ranks #26 out of 2996 companies for Gross Margin %. This places Thejo Engineering in the top 1% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.80. Thejo Engineering's value of 80.57% is 200.6% above this benchmark. Historically, Thejo Engineering's own Gross Margin % has ranged from 54.67 to 80.28 over the past decade. While the company's 10-year median is 60.61 vs. the industry median of 26.80, Thejo Engineering 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 Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.80, based on 2,996 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. Thejo Engineering's current Gross Margin % of 80.57% is 200.6% 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 Thejo Engineering and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thejo Engineering's current Gross Margin % is 80.57%, which is 33% above median its own 10-year median of 60.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thejo Engineering stock overvalued right now?
Based on GuruFocus' analysis, Thejo Engineering (NSE:THEJO) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,261.70, compared to a current price of ₹1,902.60 — trading 15.9% below its estimated fair value. The current Gross Margin % is 80.57%, which is 33% above median its 10-year median of 60.61 and 200.6% above the Industrial Products industry median of 26.80. Thejo Engineering's overall GF Score™ is 89/100 with 4 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 Thejo Engineering (NSE:THEJO), the current Gross Margin % is 80.57% 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 Thejo Engineering (NSE:THEJO) Overvalued in 2026?
Based on GuruFocus' analysis, Thejo Engineering stock appears to be undervalued.
The current stock price of ₹1,902.60 is trading 15.9% below its estimated GF Value™ of ₹2,261.70.
GuruFocus considers Thejo Engineering to be Modestly Undervalued.
Key valuation signals for NSE:THEJO:
Gross Margin %: 80.57% (33% above median its 10-year median of 60.61)
GF Value™: ₹2,261.70 vs. price of ₹1,902.60 (15.9% below fair value)
Industry Position: 200.6% above the Industrial Products median (#26 of 2996)
No single metric tells the full story. See the NSE:THEJO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thejo Engineering Ltd is an India-based company. It is an engineering solutions provider for Bulk Material Handling, Mineral Processing, and Corrosion Protection. The company's operating segment includes Manufacturing units, Service Units, and Others. It generates maximum revenue from the Service units segment. The company serves a sector like mining, power, steel, metals, cement, ports, and fertilizers. Geographically, it derives a majority of revenue from India. Its product categories include conveyor care, dust suppression, transfer point solutions, flow promotion, abrasion and wear protection, filtration, screening solution, and others.
89GF Score
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