Vaswani Industries (NSE:VASWANI) Gross Margin %: 34.56% (As of Mar. 2026) — 256% Above Median


NSE:VASWANI Vaswani Industries Ltd NSE:VASWANI
72 GF Score
Price ₹54.11
GF Value ₹48.99
Valuation Fairly Valued
! 7 Warning Signs
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What is Vaswani Industries Gross Margin %?

Vaswani Industries NSE:VASWANI -2.33% 72 Gross Margin % is 34.56% as of Mar. 2026, which is 256% above its 10-year median of 9.70. GuruFocus rates NSE:VASWANI with a GF Score™ of 72/100 and a GF Value™ of ₹48.99 (Fairly Valued). The stock has 7 warning signs investors should review. Among 593 Steel companies, Vaswani Industries ranks better than 80.27% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Vaswani Industries's Gross Profit for the three months ended in Mar. 2026 was ₹497 Mil. Vaswani Industries's Revenue for the three months ended in Mar. 2026 was ₹1,439 Mil. Therefore, Vaswani Industries's Gross Margin % for the quarter that ended in Mar. 2026 was 34.56%.


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

NSE:VASWANI' s Gross Margin % Range Over the Past 10 Years
Min: 7.11   Med: 9.7   Max: 26.87
Current: 26.87


During the past 13 years, the highest Gross Margin % of Vaswani Industries was 26.87%. The lowest was 7.11%. And the median was 9.70%.

NSE:VASWANI's Gross Margin % is ranked better than
80.27% of 593 companies
in the Steel industry
Industry Median: 12.6 vs NSE:VASWANI: 26.87

Vaswani Industries had a gross margin of 34.56% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Vaswani Industries was 24.40% per year.


Vaswani Industries  (NSE:VASWANI) 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

Vaswani Industries had a gross margin of 34.56% 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.


Vaswani Industries Gross Margin % Related Terms


Vaswani Industries Gross Margin % Historical Data

* Premium members only.

The historical data trend for Vaswani Industries'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.

Vaswani Industries Gross Margin % Chart

Vaswani Industries 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 9.37 10.07 11.09 20.44 26.87

Vaswani Industries 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 22.34 22.78 27.33 21.41 34.56

NSE:VASWANI vs NUE, STLD, RS: Gross Margin % Comparison

For the Steel subindustry, Vaswani Industries'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.


Vaswani Industries Gross Margin % vs Steel Industry

For the Steel industry and Basic Materials sector, Vaswani Industries's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Vaswani Industries's Gross Margin % falls into.


NSE:VASWANI
72GF Score
Vaswani Industries Ltd NSE:VASWANI
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Vaswani Industries Gross Margin % Calculation

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

Vaswani Industries'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 )
=1255.9 / 4673.709
=(Revenue - Cost of Goods Sold) / Revenue
=(4673.709 - 3417.838) / 4673.709
=26.87 %

Vaswani Industries'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 )
=497.3 / 1438.862
=(Revenue - Cost of Goods Sold) / Revenue
=(1438.862 - 941.61) / 1438.862
=34.56 %

* 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 34.56% mean?
Vaswani Industries (NSE:VASWANI) has a Gross Margin % of 34.56% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Vaswani Industries and its competitors. This is 256% above median its historical median of 9.70. Over the past decade, Vaswani Industries' Gross Margin % has ranged from 7.11 to 26.87. According to the industry distribution chart, Vaswani Industries ranks #117 out of 593 companies in the Steel industry, placing it in the top 19.7%.
Is Vaswani Industries' Gross Margin % too high?
Vaswani Industries' current Gross Margin % of 34.56% is 256% above median its 10-year median of 9.70. Over the past 10 years, this metric has ranged from a low of 7.11 to a high of 26.87. The Steel industry median Gross Margin % is 12.60. Vaswani Industries' value of 34.56% is 174.3% above this industry median. Based on the distribution chart, Vaswani Industries ranks #117 out of 593 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Vaswani Industries has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vaswani Industries' Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Vaswani Industries ranks #117 out of 593 companies for Gross Margin %. This places Vaswani Industries in the top 20% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 12.60. Vaswani Industries' value of 34.56% is 174.3% above this benchmark. Historically, Vaswani Industries' own Gross Margin % has ranged from 7.11 to 26.87 over the past decade. While the company's 10-year median is 9.70 vs. the industry median of 12.60, Vaswani Industries 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 Steel company?
The median Gross Margin % among Steel companies is 12.60, based on 593 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. Vaswani Industries's current Gross Margin % of 34.56% is 174.3% 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 Vaswani Industries and its competitors. For the Steel industry, the median Gross Margin % is 12.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vaswani Industries's current Gross Margin % is 34.56%, which is 256% above median its own 10-year median of 9.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vaswani Industries stock overvalued right now?
Based on GuruFocus' analysis, Vaswani Industries (NSE:VASWANI) is currently considered Fairly Valued. The stock's GF Value™ is ₹48.99, compared to a current price of ₹54.11 — trading 10.5% above its estimated fair value. The current Gross Margin % is 34.56%, which is 256% above median its 10-year median of 9.70 and 174.3% above the Steel industry median of 12.60. Vaswani Industries' overall GF Score™ is 72/100 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 Vaswani Industries (NSE:VASWANI), the current Gross Margin % is 34.56% 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 Vaswani Industries (NSE:VASWANI) Overvalued in 2026?

Based on GuruFocus' analysis, Vaswani Industries stock appears to be overvalued. The current stock price of ₹54.11 is trading 10.5% above its estimated GF Value™ of ₹48.99. GuruFocus considers Vaswani Industries to be Fairly Valued.

Key valuation signals for NSE:VASWANI:

  • Gross Margin %: 34.56% (256% above median its 10-year median of 9.70)
  • GF Value™: ₹48.99 vs. price of ₹54.11 (10.5% above fair value)
  • GF Score™: 72/100 with 7 warning signs
  • Industry Position: 174.3% above the Steel median (#117 of 593)

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


Vaswani Industries Business Description

Other Exchanges 533576:India
Address Bahesar Road, Near cycle Park, Village Sondra, Phase II, Industrial Area, Siltara, Raipur, CT, IND, 493 221
Vaswani Industries Ltd is engaged in the business of manufacturing and trading of Sponge Iron, Steel Billets, HB Wires, Iron Ore Pellets and generation of Power. Its business segments are Iron and steel; Power; Real estate and Agri division, of which key revenue is derived from the Iron and Steel segment. The company sells its products within India.
72GF Score

Get the complete analysis for NSE:VASWANI

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

₹54.11
Price
₹48.99
GF Value