Vera Synthetic (NSE:VERA) Gross Margin %: 27.07% (As of Mar. 2026) — 13% Above Median

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NSE:VERA Vera Synthetic Ltd NSE:VERA
84 GF Score
Price ₹86.25
GF Value ₹83.01
Valuation Fairly Valued
! 6 Warning Signs
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What is Vera Synthetic Gross Margin %?

Vera Synthetic NSE:VERA 84 Gross Margin % is 27.07% as of Mar. 2026, which is 13% above its 10-year median of 23.92. GuruFocus rates NSE:VERA with a GF Score™ of 84/100 and a GF Value™ of ₹83.01 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,034 Manufacturing - Apparel & Accessories companies, Vera Synthetic ranks worse than 51.16% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Vera Synthetic's Gross Profit for the six months ended in Mar. 2026 was ₹63.7 Mil. Vera Synthetic's Revenue for the six months ended in Mar. 2026 was ₹235.4 Mil. Therefore, Vera Synthetic's Gross Margin % for the quarter that ended in Mar. 2026 was 27.07%.

Warning Sign:

Vera Synthetic Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.2%.


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

NSE:VERA' s Gross Margin % Range Over the Past 10 Years
Min: 19.52   Med: 23.92   Max: 38.58
Current: 27.73


During the past 13 years, the highest Gross Margin % of Vera Synthetic was 38.58%. The lowest was 19.52%. And the median was 23.92%.

NSE:VERA's Gross Margin % is ranked worse than
51.16% of 1034 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.66 vs NSE:VERA: 27.73

Vera Synthetic had a gross margin of 27.07% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Vera Synthetic was -3.20% per year.


Vera Synthetic  (NSE:VERA) 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

Vera Synthetic had a gross margin of 27.07% 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.


Vera Synthetic Gross Margin % Related Terms


Vera Synthetic Gross Margin % Historical Data

* Premium members only.

The historical data trend for Vera Synthetic'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.

Vera Synthetic Gross Margin % Chart

Vera Synthetic 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 21.66 20.97 24.80 24.20 27.73

Vera Synthetic Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 28.01 27.70 19.88 28.34 27.07

Vera Synthetic Gross Margin % Competitor Comparison

For the Textile Manufacturing subindustry, Vera Synthetic'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.


Vera Synthetic Gross Margin % vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Vera Synthetic's Gross Margin % falls into.


NSE:VERA
84GF Score
Vera Synthetic Ltd NSE:VERA
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vera Synthetic Gross Margin % Calculation

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

Vera Synthetic'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 )
=136.4 / 492.012
=(Revenue - Cost of Goods Sold) / Revenue
=(492.012 - 355.567) / 492.012
=27.73 %

Vera Synthetic'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 )
=63.7 / 235.351
=(Revenue - Cost of Goods Sold) / Revenue
=(235.351 - 171.638) / 235.351
=27.07 %

* 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 27.07% mean?
Vera Synthetic (NSE:VERA) has a Gross Margin % of 27.07% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Vera Synthetic and its competitors. This is 13% above median its historical median of 23.92. Over the past decade, Vera Synthetic's Gross Margin % has ranged from 19.52 to 38.58. According to the industry distribution chart, Vera Synthetic ranks #529 out of 1034 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 51.2%.
Is Vera Synthetic's Gross Margin % too high?
Vera Synthetic's current Gross Margin % of 27.07% is 13% above median its 10-year median of 23.92. Over the past 10 years, this metric has ranged from a low of 19.52 to a high of 38.58. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.66. Vera Synthetic's value of 27.07% is 5.5% below this industry median. Based on the distribution chart, Vera Synthetic ranks #529 out of 1034 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Vera Synthetic has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vera Synthetic's Gross Margin % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Vera Synthetic ranks #529 out of 1034 companies for Gross Margin %. This places Vera Synthetic in the lower half of its industry. The industry median Gross Margin % is 28.66. Vera Synthetic's value of 27.07% is 5.5% below this benchmark. Historically, Vera Synthetic's own Gross Margin % has ranged from 19.52 to 38.58 over the past decade. While the company's 10-year median is 23.92 vs. the industry median of 28.66, Vera Synthetic 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 28.66, based on 1,034 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. Vera Synthetic's current Gross Margin % of 27.07% is 5.5% 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 Vera Synthetic and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vera Synthetic's current Gross Margin % is 27.07%, which is 13% above median its own 10-year median of 23.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vera Synthetic stock overvalued right now?
Based on GuruFocus' analysis, Vera Synthetic (NSE:VERA) is currently considered Fairly Valued. The stock's GF Value™ is ₹83.01, compared to a current price of ₹86.25 — trading 3.9% above its estimated fair value. The current Gross Margin % is 27.07%, which is 13% above median its 10-year median of 23.92 and 5.5% below the Manufacturing - Apparel & Accessories industry median of 28.66. Vera Synthetic's overall GF Score™ is 84/100 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 Vera Synthetic (NSE:VERA), the current Gross Margin % is 27.07% 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 Vera Synthetic (NSE:VERA) Overvalued in 2026?

Based on GuruFocus' analysis, Vera Synthetic stock appears to be overvalued. The current stock price of ₹86.25 is trading 3.9% above its estimated GF Value™ of ₹83.01. GuruFocus considers Vera Synthetic to be Fairly Valued.

Key valuation signals for NSE:VERA:

  • Gross Margin %: 27.07% (13% above median its 10-year median of 23.92)
  • GF Value™: ₹83.01 vs. price of ₹86.25 (3.9% above fair value)
  • GF Score™: 84/100 with 6 warning signs
  • Industry Position: 5.5% below the Manufacturing - Apparel & Accessories median (#529 of 1034)

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


Vera Synthetic Business Description

Address Dairy Road, Devubag, Office Number Upper Level (UL) - 27, Pattani Plaza, Bhavnagar, GJ, IND, 364002
Vera Synthetic Ltd is engaged in the manufacturing of fishing nets, ropes, twines yarns, mainly high density plastic products. The company manufactures products for the fishing industry and other allied uses. Its product portfolio includes High-Density Polyethylene (HDPE) fishing nets and twines, Polyester ropes, PP yarns, and Pet straps. It manufactures and markets its product under the brand name Sujlon. Geographically, it operates only in India.
84GF Score

Get the complete analysis for NSE:VERA

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

₹86.25
Price
₹83.01
GF Value