Zeal Global Services (NSE:ZEAL) Gross Margin %: 15.45% (As of Mar. 2026) — 54% Above Median


NSE:ZEAL Zeal Global Services Ltd NSE:ZEAL
63 GF Score
Price ₹64.65
GF Value ₹198.52
Valuation Possible Value Trap
! 7 Warning Signs
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What is Zeal Global Services Gross Margin %?

Zeal Global Services NSE:ZEAL -0.54% 63 Gross Margin % is 15.45% as of Mar. 2026, which is 54% above its 10-year median of 10.02. GuruFocus rates NSE:ZEAL with a GF Score™ of 63/100 and a GF Value™ of ₹198.52 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 979 Transportation companies, Zeal Global Services ranks worse than 78.96% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Zeal Global Services's Gross Profit for the six months ended in Mar. 2026 was ₹176 Mil. Zeal Global Services's Revenue for the six months ended in Mar. 2026 was ₹1,142 Mil. Therefore, Zeal Global Services's Gross Margin % for the quarter that ended in Mar. 2026 was 15.45%.

Warning Sign:

Zeal Global Services Ltd gross margin has been in long-term decline. The average rate of decline per year is -5.8%.


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

NSE:ZEAL' s Gross Margin % Range Over the Past 10 Years
Min: 6.86   Med: 10.02   Max: 17.62
Current: 9.71


During the past 7 years, the highest Gross Margin % of Zeal Global Services was 17.62%. The lowest was 6.86%. And the median was 10.02%.

NSE:ZEAL's Gross Margin % is ranked worse than
78.96% of 979 companies
in the Transportation industry
Industry Median: 20.38 vs NSE:ZEAL: 9.71

Zeal Global Services had a gross margin of 15.45% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Zeal Global Services was -5.80% per year.


Zeal Global Services  (NSE:ZEAL) 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

Zeal Global Services had a gross margin of 15.45% for the quarter that ended in Mar. 2026 => 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.


Zeal Global Services Gross Margin % Related Terms


Zeal Global Services Gross Margin % Historical Data

* Premium members only.

The historical data trend for Zeal Global Services'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.

Zeal Global Services Gross Margin % Chart

Zeal Global Services Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial 11.56 17.62 12.18 6.89 9.71

Zeal Global Services Semi-Annual Data
Mar20 Mar21 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 14.68 7.73 6.17 5.88 15.45

NSE:ZEAL vs UPS, FDX, JBHT: Gross Margin % Comparison

For the Integrated Freight & Logistics subindustry, Zeal Global Services'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.


Zeal Global Services Gross Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Zeal Global Services's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Zeal Global Services's Gross Margin % falls into.


NSE:ZEAL
63GF Score
Zeal Global Services Ltd NSE:ZEAL
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zeal Global Services Gross Margin % Calculation

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

Zeal Global Services'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 )
=277.1 / 2855.29
=(Revenue - Cost of Goods Sold) / Revenue
=(2855.29 - 2578.163) / 2855.29
=9.71 %

Zeal Global Services'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 )
=176.4 / 1142.038
=(Revenue - Cost of Goods Sold) / Revenue
=(1142.038 - 965.619) / 1142.038
=15.45 %

* 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 15.45% mean?
Zeal Global Services (NSE:ZEAL) has a Gross Margin % of 15.45% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Zeal Global Services and its competitors. This is 54% above median its historical median of 10.02. Over the past decade, Zeal Global Services' Gross Margin % has ranged from 6.86 to 17.62. According to the industry distribution chart, Zeal Global Services ranks #773 out of 979 companies in the Transportation industry, placing it in the top 79%.
Is Zeal Global Services' Gross Margin % too high?
Zeal Global Services' current Gross Margin % of 15.45% is 54% above median its 10-year median of 10.02. Over the past 10 years, this metric has ranged from a low of 6.86 to a high of 17.62. The Transportation industry median Gross Margin % is 20.38. Zeal Global Services' value of 15.45% is 24.2% below this industry median. Based on the distribution chart, Zeal Global Services ranks #773 out of 979 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Zeal Global Services has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zeal Global Services' Gross Margin % compare to UPS and FDX?
According to the Transportation industry distribution chart, Zeal Global Services ranks #773 out of 979 companies for Gross Margin %. This places Zeal Global Services in the lower half of its industry. The industry median Gross Margin % is 20.38. Zeal Global Services' value of 15.45% is 24.2% below this benchmark. Historically, Zeal Global Services' own Gross Margin % has ranged from 6.86 to 17.62 over the past decade. While the company's 10-year median is 10.02 vs. the industry median of 20.38, Zeal Global Services 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 Transportation company?
The median Gross Margin % among Transportation companies is 20.38, based on 979 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. Zeal Global Services's current Gross Margin % of 15.45% is 24.2% 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 Zeal Global Services and its competitors. For the Transportation industry, the median Gross Margin % is 20.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zeal Global Services's current Gross Margin % is 15.45%, which is 54% above median its own 10-year median of 10.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zeal Global Services stock overvalued right now?
Based on GuruFocus' analysis, Zeal Global Services (NSE:ZEAL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹198.52, compared to a current price of ₹64.65 — trading 67.4% below its estimated fair value. The current Gross Margin % is 15.45%, which is 54% above median its 10-year median of 10.02 and 24.2% below the Transportation industry median of 20.38. Zeal Global Services' overall GF Score™ is 63/100 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 Zeal Global Services (NSE:ZEAL), the current Gross Margin % is 15.45% 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 Zeal Global Services (NSE:ZEAL) Overvalued in 2026?

Based on GuruFocus' analysis, Zeal Global Services stock appears to be undervalued. The current stock price of ₹64.65 is trading 67.4% below its estimated GF Value™ of ₹198.52. GuruFocus considers Zeal Global Services to be Possible Value Trap.

Key valuation signals for NSE:ZEAL:

  • Gross Margin %: 15.45% (54% above median its 10-year median of 10.02)
  • GF Value™: ₹198.52 vs. price of ₹64.65 (67.4% below fair value)
  • GF Score™: 63/100 with 7 warning signs
  • Industry Position: 24.2% below the Transportation median (#773 of 979)

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


Zeal Global Services Business Description

Address Street No. 6, A - 261/262, Third Floor, Mahipalpur Extension, New Delhi, IND, 110037
Zeal Global Services Ltd is engaged in the business of providing logistics solutions in the Air Cargo Industry. It has been operating as General Sales and Service Agent (GSSA) and sales partner for airlines in the region. The Company realizes that clients have specific requirements with regard to their shipments. Its approach is to bring economical solutions to its client's freighting needs through - excessive aircraft, load and destination compatibility analysis to suit the ever-changing needs of various industries such as fashion, pharmaceuticals, automotive and industrials. The company has one segment Air Cargo Service.
63GF Score

Get the complete analysis for NSE:ZEAL

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

₹64.65
Price
₹198.52
GF Value