Tamil Nadu Newsprint & Papers (NSE:TNPL) Gross Margin %: 48.13% (As of Mar. 2026) — Near Median


NSE:TNPL Tamil Nadu Newsprint & Papers Ltd NSE:TNPL
72 GF Score
Price ₹145.16
GF Value ₹183.57
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Tamil Nadu Newsprint & Papers Gross Margin %?

Tamil Nadu Newsprint & Papers NSE:TNPL +0.12% 72 Gross Margin % is 48.13% as of Mar. 2026, which is 5% below its 10-year median of 50.79. GuruFocus rates NSE:TNPL with a GF Score™ of 72/100 and a GF Value™ of ₹183.57 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 279 Forest Products companies, Tamil Nadu Newsprint & Papers ranks better than 88.89% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Tamil Nadu Newsprint & Papers's Gross Profit for the three months ended in Mar. 2026 was ₹6,053 Mil. Tamil Nadu Newsprint & Papers's Revenue for the three months ended in Mar. 2026 was ₹12,575 Mil. Therefore, Tamil Nadu Newsprint & Papers's Gross Margin % for the quarter that ended in Mar. 2026 was 48.13%.


The historical rank and industry rank for Tamil Nadu Newsprint & Papers's Gross Margin % or its related term are showing as below:

NSE:TNPL' s Gross Margin % Range Over the Past 10 Years
Min: 46.66   Med: 50.79   Max: 62.9
Current: 48.29


During the past 13 years, the highest Gross Margin % of Tamil Nadu Newsprint & Papers was 62.90%. The lowest was 46.66%. And the median was 50.79%.

NSE:TNPL's Gross Margin % is ranked better than
88.89% of 279 companies
in the Forest Products industry
Industry Median: 19.05 vs NSE:TNPL: 48.29

Tamil Nadu Newsprint & Papers had a gross margin of 48.13% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Tamil Nadu Newsprint & Papers was -0.80% per year.


Tamil Nadu Newsprint & Papers  (NSE:TNPL) 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

Tamil Nadu Newsprint & Papers had a gross margin of 48.13% 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.


Tamil Nadu Newsprint & Papers Gross Margin % Related Terms


Tamil Nadu Newsprint & Papers Gross Margin % Historical Data

* Premium members only.

The historical data trend for Tamil Nadu Newsprint & Papers'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.

Tamil Nadu Newsprint & Papers Gross Margin % Chart

Tamil Nadu Newsprint & Papers 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 46.84 58.39 56.06 49.35 48.29

Tamil Nadu Newsprint & Papers 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 43.79 47.15 51.10 46.83 48.13

Tamil Nadu Newsprint & Papers Gross Margin % Competitor Comparison

For the Paper & Paper Products subindustry, Tamil Nadu Newsprint & Papers'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.


Tamil Nadu Newsprint & Papers Gross Margin % vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Tamil Nadu Newsprint & Papers's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Tamil Nadu Newsprint & Papers's Gross Margin % falls into.


NSE:TNPL
72GF Score
Tamil Nadu Newsprint & Papers Ltd NSE:TNPL
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tamil Nadu Newsprint & Papers Gross Margin % Calculation

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

Tamil Nadu Newsprint & Papers'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 )
=22122.6 / 45816.2
=(Revenue - Cost of Goods Sold) / Revenue
=(45816.2 - 23693.6) / 45816.2
=48.29 %

Tamil Nadu Newsprint & Papers'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 )
=6053 / 12575.3
=(Revenue - Cost of Goods Sold) / Revenue
=(12575.3 - 6522.3) / 12575.3
=48.13 %

* 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 48.13% mean?
Tamil Nadu Newsprint & Papers (NSE:TNPL) has a Gross Margin % of 48.13% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Tamil Nadu Newsprint & Papers and its competitors. This is near median its historical median of 50.79. Over the past decade, Tamil Nadu Newsprint & Papers' Gross Margin % has ranged from 46.66 to 62.90. According to the industry distribution chart, Tamil Nadu Newsprint & Papers ranks #31 out of 279 companies in the Forest Products industry, placing it in the top 11.1%.
Is Tamil Nadu Newsprint & Papers' Gross Margin % too high?
Tamil Nadu Newsprint & Papers' current Gross Margin % of 48.13% is near median its 10-year median of 50.79. Over the past 10 years, this metric has ranged from a low of 46.66 to a high of 62.90. The Forest Products industry median Gross Margin % is 19.05. Tamil Nadu Newsprint & Papers' value of 48.13% is 152.7% above this industry median. Based on the distribution chart, Tamil Nadu Newsprint & Papers ranks #31 out of 279 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Tamil Nadu Newsprint & Papers has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tamil Nadu Newsprint & Papers' Gross Margin % compare to competitors?
According to the Forest Products industry distribution chart, Tamil Nadu Newsprint & Papers ranks #31 out of 279 companies for Gross Margin %. This places Tamil Nadu Newsprint & Papers in the top 11% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 19.05. Tamil Nadu Newsprint & Papers' value of 48.13% is 152.7% above this benchmark. Historically, Tamil Nadu Newsprint & Papers' own Gross Margin % has ranged from 46.66 to 62.90 over the past decade. While the company's 10-year median is 50.79 vs. the industry median of 19.05, Tamil Nadu Newsprint & Papers 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. Tamil Nadu Newsprint & Papers's current Gross Margin % of 48.13% is 152.7% 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 Tamil Nadu Newsprint & Papers 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. Tamil Nadu Newsprint & Papers's current Gross Margin % is 48.13%, which is near median its own 10-year median of 50.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tamil Nadu Newsprint & Papers stock overvalued right now?
Based on GuruFocus' analysis, Tamil Nadu Newsprint & Papers (NSE:TNPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹183.57, compared to a current price of ₹145.16 — trading 20.9% below its estimated fair value. The current Gross Margin % is 48.13%, which is near median its 10-year median of 50.79 and 152.7% above the Forest Products industry median of 19.05. Tamil Nadu Newsprint & Papers' overall GF Score™ is 72/100 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 Tamil Nadu Newsprint & Papers (NSE:TNPL), the current Gross Margin % is 48.13% 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 Tamil Nadu Newsprint & Papers (NSE:TNPL) Overvalued in 2026?

Based on GuruFocus' analysis, Tamil Nadu Newsprint & Papers stock appears to be undervalued. The current stock price of ₹145.16 is trading 20.9% below its estimated GF Value™ of ₹183.57. GuruFocus considers Tamil Nadu Newsprint & Papers to be Modestly Undervalued.

Key valuation signals for NSE:TNPL:

  • Gross Margin %: 48.13% (near median its 10-year median of 50.79)
  • GF Value™: ₹183.57 vs. price of ₹145.16 (20.9% below fair value)
  • GF Score™: 72/100 with 6 warning signs
  • Industry Position: 152.7% above the Forest Products median (#31 of 279)

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


Tamil Nadu Newsprint & Papers Business Description

Other Exchanges 531426:India
Address 67, Mount Road, Guindy, Chennai, TN, IND, 600 032
Tamil Nadu Newsprint & Papers Ltd is engaged in the business of printing and writing paper. It operates in two segments Paper & Paper Board and Energy. Paper & Paper Board is involved in the Manufacturing and selling of Paper and Paper boards, and the Energy involved in the Generation of Power through TGs and Windmills for captive consumption and for export of power. Its products include Paper, Packaging Board, Cement, and Marketing Network.
72GF Score

Get the complete analysis for NSE:TNPL

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

₹145.16
Price
₹183.57
GF Value