Vardhman Acrylics (NSE:VARDHACRLC) Gross Margin %: 38.67% (As of Mar. 2026) — 33% Above Median

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NSE:VARDHACRLC Vardhman Acrylics Ltd NSE:VARDHACRLC
79 GF Score
Price ₹43.20
GF Value ₹46.50
Valuation Fairly Valued
! 5 Warning Signs
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What is Vardhman Acrylics Gross Margin %?

Vardhman Acrylics NSE:VARDHACRLC -0.41% 79 Gross Margin % is 38.67% as of Mar. 2026, which is 33% above its 10-year median of 29.14. GuruFocus rates NSE:VARDHACRLC with a GF Score™ of 79/100 and a GF Value™ of ₹46.50 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,025 Manufacturing - Apparel & Accessories companies, Vardhman Acrylics ranks better than 67.02% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Vardhman Acrylics's Gross Profit for the three months ended in Mar. 2026 was ₹323 Mil. Vardhman Acrylics's Revenue for the three months ended in Mar. 2026 was ₹835 Mil. Therefore, Vardhman Acrylics's Gross Margin % for the quarter that ended in Mar. 2026 was 38.67%.


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

NSE:VARDHACRLC' s Gross Margin % Range Over the Past 10 Years
Min: 22.68   Med: 29.14   Max: 41.9
Current: 41.9


During the past 13 years, the highest Gross Margin % of Vardhman Acrylics was 41.90%. The lowest was 22.68%. And the median was 29.14%.

NSE:VARDHACRLC's Gross Margin % is ranked better than
67.02% of 1025 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.34 vs NSE:VARDHACRLC: 41.90

Vardhman Acrylics had a gross margin of 38.67% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Vardhman Acrylics was -0.20% per year.


Vardhman Acrylics  (NSE:VARDHACRLC) 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

Vardhman Acrylics had a gross margin of 38.67% 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.


Vardhman Acrylics Gross Margin % Related Terms


Vardhman Acrylics Gross Margin % Historical Data

* Premium members only.

The historical data trend for Vardhman Acrylics'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.

Vardhman Acrylics Gross Margin % Chart

Vardhman Acrylics 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 22.68 32.32 33.47 29.46 32.31

Vardhman Acrylics 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 30.84 29.04 25.01 42.97 38.67

Vardhman Acrylics Gross Margin % Competitor Comparison

For the Textile Manufacturing subindustry, Vardhman Acrylics'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.


Vardhman Acrylics Gross Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vardhman Acrylics's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Vardhman Acrylics's Gross Margin % falls into.


NSE:VARDHACRLC
79GF Score
Vardhman Acrylics Ltd NSE:VARDHACRLC
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Vardhman Acrylics Gross Margin % Calculation

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

Vardhman Acrylics'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 )
=1029.4 / 3185.7
=(Revenue - Cost of Goods Sold) / Revenue
=(3185.7 - 2156.3) / 3185.7
=32.31 %

Vardhman Acrylics'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 )
=322.9 / 835
=(Revenue - Cost of Goods Sold) / Revenue
=(835 - 512.1) / 835
=38.67 %

* 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 38.67% mean?
Vardhman Acrylics (NSE:VARDHACRLC) has a Gross Margin % of 38.67% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Vardhman Acrylics and its competitors. This is 33% above median its historical median of 29.14. Over the past decade, Vardhman Acrylics' Gross Margin % has ranged from 22.68 to 41.90. According to the industry distribution chart, Vardhman Acrylics ranks #338 out of 1025 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 33%.
Is Vardhman Acrylics' Gross Margin % too high?
Vardhman Acrylics' current Gross Margin % of 38.67% is 33% above median its 10-year median of 29.14. Over the past 10 years, this metric has ranged from a low of 22.68 to a high of 41.90. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.34. Vardhman Acrylics' value of 38.67% is 36.5% above this industry median. Based on the distribution chart, Vardhman Acrylics ranks #338 out of 1025 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Vardhman Acrylics has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vardhman Acrylics' Gross Margin % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Vardhman Acrylics ranks #338 out of 1025 companies for Gross Margin %. This puts Vardhman Acrylics in the upper half of its industry. The industry median Gross Margin % is 28.34. Vardhman Acrylics' value of 38.67% is 36.5% above this benchmark. Historically, Vardhman Acrylics' own Gross Margin % has ranged from 22.68 to 41.90 over the past decade. While the company's 10-year median is 29.14 vs. the industry median of 28.34, Vardhman Acrylics 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 Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.34, based on 1,025 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. Vardhman Acrylics's current Gross Margin % of 38.67% is 36.5% 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 Vardhman Acrylics and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vardhman Acrylics's current Gross Margin % is 38.67%, which is 33% above median its own 10-year median of 29.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vardhman Acrylics stock overvalued right now?
Based on GuruFocus' analysis, Vardhman Acrylics (NSE:VARDHACRLC) is currently considered Fairly Valued. The stock's GF Value™ is ₹46.50, compared to a current price of ₹43.20 — trading 7.1% below its estimated fair value. The current Gross Margin % is 38.67%, which is 33% above median its 10-year median of 29.14 and 36.5% above the Manufacturing - Apparel & Accessories industry median of 28.34. Vardhman Acrylics' overall GF Score™ is 79/100 with 5 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 Vardhman Acrylics (NSE:VARDHACRLC), the current Gross Margin % is 38.67% 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 Vardhman Acrylics (NSE:VARDHACRLC) Overvalued in 2026?

Based on GuruFocus' analysis, Vardhman Acrylics stock appears to be undervalued. The current stock price of ₹43.20 is trading 7.1% below its estimated GF Value™ of ₹46.50. GuruFocus considers Vardhman Acrylics to be Fairly Valued.

Key valuation signals for NSE:VARDHACRLC:

  • Gross Margin %: 38.67% (33% above median its 10-year median of 29.14)
  • GF Value™: ₹46.50 vs. price of ₹43.20 (7.1% below fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 36.5% above the Manufacturing - Apparel & Accessories median (#338 of 1025)

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


Vardhman Acrylics Business Description

Address Chandigarh Road, Vardhman Premises, Ludhiana, PB, IND, 141010
Vardhman Acrylics Ltd is engaged in manufacturing man-made fibers. The firm operates through the Acrylic Fibre and Tow segment, having its manufacturing facility in Gujarat, India. Its products are widely used for the manufacture of winter wear such as sweaters, woolen fabric, technical textiles such as non-wovens and carpets, and others. Geographically, it generates the majority of its revenue within India, and also has some exposure to international markets.
79GF Score

Get the complete analysis for NSE:VARDHACRLC

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

₹43.20
Price
₹46.50
GF Value