Veekayem Fashion & Apparels (NSE:VEEKAYEM) Gross Margin %: 14.41% (As of Mar. 2025) — Near Median

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NSE:VEEKAYEM Veekayem Fashion & Apparels Ltd NSE:VEEKAYEM
62 GF Score
Price ₹103.00
GF Value ₹169.17
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Veekayem Fashion & Apparels Gross Margin %?

Veekayem Fashion & Apparels NSE:VEEKAYEM +4.67% 62 Gross Margin % is 14.41% as of Mar. 2025, which is 6% below its 10-year median of 15.33. GuruFocus rates NSE:VEEKAYEM with a GF Score™ of 62/100 and a GF Value™ of ₹169.17 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,030 Manufacturing - Apparel & Accessories companies, Veekayem Fashion & Apparels ranks worse than 75.83% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Veekayem Fashion & Apparels's Gross Profit for the six months ended in Mar. 2025 was ₹462 Mil. Veekayem Fashion & Apparels's Revenue for the six months ended in Mar. 2025 was ₹3,204 Mil. Therefore, Veekayem Fashion & Apparels's Gross Margin % for the quarter that ended in Mar. 2025 was 14.41%.

Warning Sign:

Veekayem Fashion & Apparels Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.7%.


The historical rank and industry rank for Veekayem Fashion & Apparels's Gross Margin % or its related term are showing as below:

NSE:VEEKAYEM' s Gross Margin % Range Over the Past 10 Years
Min: 12.91   Med: 15.33   Max: 24.49
Current: 14.41


During the past 6 years, the highest Gross Margin % of Veekayem Fashion & Apparels was 24.49%. The lowest was 12.91%. And the median was 15.33%.

NSE:VEEKAYEM's Gross Margin % is ranked worse than
75.83% of 1030 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.595 vs NSE:VEEKAYEM: 14.41

Veekayem Fashion & Apparels had a gross margin of 14.41% for the quarter that ended in Mar. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Veekayem Fashion & Apparels was -2.70% per year.


Veekayem Fashion & Apparels  (NSE:VEEKAYEM) 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

Veekayem Fashion & Apparels had a gross margin of 14.41% for the quarter that ended in Mar. 2025 => No sustainable 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.


Veekayem Fashion & Apparels Gross Margin % Related Terms


Veekayem Fashion & Apparels Gross Margin % Historical Data

* Premium members only.

The historical data trend for Veekayem Fashion & Apparels'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.

Veekayem Fashion & Apparels Gross Margin % Chart

Veekayem Fashion & Apparels Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Gross Margin %
Get a 7-Day Free Trial 24.49 17.48 15.08 15.58 14.41

Veekayem Fashion & Apparels Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Gross Margin % Get a 7-Day Free Trial 24.49 17.48 15.08 15.58 14.41

Veekayem Fashion & Apparels Gross Margin % Competitor Comparison

For the Textile Manufacturing subindustry, Veekayem Fashion & Apparels'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.


Veekayem Fashion & Apparels Gross Margin % vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Veekayem Fashion & Apparels's Gross Margin % falls into.


NSE:VEEKAYEM
62GF Score
Veekayem Fashion & Apparels Ltd NSE:VEEKAYEM
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Veekayem Fashion & Apparels Gross Margin % Calculation

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

Veekayem Fashion & Apparels's Gross Margin for the fiscal year that ended in Mar. 2025 is calculated as

Gross Margin % (A: Mar. 2025 )=Gross Profit (A: Mar. 2025 ) / Revenue (A: Mar. 2025 )
=461.7 / 3204.306
=(Revenue - Cost of Goods Sold) / Revenue
=(3204.306 - 2742.589) / 3204.306
=14.41 %

Veekayem Fashion & Apparels's Gross Margin for the quarter that ended in Mar. 2025 is calculated as


Gross Margin % (Q: Mar. 2025 )=Gross Profit (Q: Mar. 2025 ) / Revenue (Q: Mar. 2025 )
=461.7 / 3204.306
=(Revenue - Cost of Goods Sold) / Revenue
=(3204.306 - 2742.589) / 3204.306
=14.41 %

* 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 14.41% mean?
Veekayem Fashion & Apparels (NSE:VEEKAYEM) has a Gross Margin % of 14.41% as of Mar. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Veekayem Fashion & Apparels and its competitors. This is near median its historical median of 15.33. Over the past decade, Veekayem Fashion & Apparels' Gross Margin % has ranged from 12.91 to 24.49. According to the industry distribution chart, Veekayem Fashion & Apparels ranks #781 out of 1030 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 75.8%.
Is Veekayem Fashion & Apparels' Gross Margin % too high?
Veekayem Fashion & Apparels' current Gross Margin % of 14.41% is near median its 10-year median of 15.33. Over the past 10 years, this metric has ranged from a low of 12.91 to a high of 24.49. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.60. Veekayem Fashion & Apparels' value of 14.41% is 49.6% below this industry median. Based on the distribution chart, Veekayem Fashion & Apparels ranks #781 out of 1030 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Veekayem Fashion & Apparels has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Veekayem Fashion & Apparels' Gross Margin % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Veekayem Fashion & Apparels ranks #781 out of 1030 companies for Gross Margin %. This places Veekayem Fashion & Apparels in the lower half of its industry. The industry median Gross Margin % is 28.60. Veekayem Fashion & Apparels' value of 14.41% is 49.6% below this benchmark. Historically, Veekayem Fashion & Apparels' own Gross Margin % has ranged from 12.91 to 24.49 over the past decade. While the company's 10-year median is 15.33 vs. the industry median of 28.60, Veekayem Fashion & Apparels 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 Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.60, based on 1,030 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. Veekayem Fashion & Apparels's current Gross Margin % of 14.41% is 49.6% 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 Veekayem Fashion & Apparels and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veekayem Fashion & Apparels's current Gross Margin % is 14.41%, which is near median its own 10-year median of 15.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veekayem Fashion & Apparels stock overvalued right now?
Based on GuruFocus' analysis, Veekayem Fashion & Apparels (NSE:VEEKAYEM) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹169.17, compared to a current price of ₹103.00 — trading 39.1% below its estimated fair value. The current Gross Margin % is 14.41%, which is near median its 10-year median of 15.33 and 49.6% below the Manufacturing - Apparel & Accessories industry median of 28.60. Veekayem Fashion & Apparels' overall GF Score™ is 62/100 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 Veekayem Fashion & Apparels (NSE:VEEKAYEM), the current Gross Margin % is 14.41% as of Mar. 2025. 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 Veekayem Fashion & Apparels (NSE:VEEKAYEM) Overvalued in 2026?

Based on GuruFocus' analysis, Veekayem Fashion & Apparels stock appears to be undervalued. The current stock price of ₹103.00 is trading 39.1% below its estimated GF Value™ of ₹169.17. GuruFocus considers Veekayem Fashion & Apparels to be Significantly Undervalued.

Key valuation signals for NSE:VEEKAYEM:

  • Gross Margin %: 14.41% (near median its 10-year median of 15.33)
  • GF Value™: ₹169.17 vs. price of ₹103.00 (39.1% below fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 49.6% below the Manufacturing - Apparel & Accessories median (#781 of 1030)

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


Veekayem Fashion & Apparels Business Description

Address Walbhat Road, Gala No. 113, Udyog Bhavan, Sharma Industrial Estate, Near Nirlon Compound, Goregaon East, Mumbai, MH, IND, 400063
Veekayem Fashion & Apparels Ltd is engaged in the business of weaving and garment manufacturing. The company deals in products like Shirting fabrics, Suiting Fabrics, Trouser fabrics, jacketing fabrics, format trousers, cotton trousers and other accessories. The extensive product portfolio includes 100% Cotton - Lycra and Non-Lycra, Giza, Supima, Blended Cotton Suiting - Chief Value Cotton, Polyester Cotton, 100% Cotton Yarn Dyed, Polyester Viscose, Terry Rayon Suiting and Mock Linen. The Company operates in three segments: Men's wear; Kids Wear and Accessories.
62GF Score

Get the complete analysis for NSE:VEEKAYEM

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

₹103.00
Price
₹169.17
GF Value