Delton Cables (BOM:504240) Gross Margin %: 15.46% (As of Mar. 2026) — 26% Below Median


BOM:504240 Delton Cables Ltd BOM:504240
61 GF Score
Price ₹419.90
GF Value ₹1,040.73
Valuation Possible Value Trap
! 6 Warning Signs
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What is Delton Cables Gross Margin %?

Delton Cables BOM:504240 -1.27% 61 Gross Margin % is 15.46% as of Mar. 2026, which is 26% below its 10-year median of 20.84. GuruFocus rates BOM:504240 with a GF Score™ of 61/100 and a GF Value™ of ₹1,040.73 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,993 Industrial Products companies, Delton Cables ranks worse than 70.87% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Delton Cables's Gross Profit for the three months ended in Mar. 2026 was ₹495 Mil. Delton Cables's Revenue for the three months ended in Mar. 2026 was ₹3,203 Mil. Therefore, Delton Cables's Gross Margin % for the quarter that ended in Mar. 2026 was 15.46%.

Warning Sign:

Delton Cables Ltd gross margin has been in long-term decline. The average rate of decline per year is -4%.


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

BOM:504240' s Gross Margin % Range Over the Past 10 Years
Min: 15.99   Med: 20.84   Max: 28.38
Current: 19.02


During the past 13 years, the highest Gross Margin % of Delton Cables was 28.38%. The lowest was 15.99%. And the median was 20.84%.

BOM:504240's Gross Margin % is ranked worse than
70.87% of 2993 companies
in the Industrial Products industry
Industry Median: 26.83 vs BOM:504240: 19.02

Delton Cables had a gross margin of 15.46% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Delton Cables was -4.00% per year.


Delton Cables  (BOM:504240) 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

Delton Cables had a gross margin of 15.46% 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.


Delton Cables Gross Margin % Related Terms


Delton Cables Gross Margin % Historical Data

* Premium members only.

The historical data trend for Delton Cables'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.

Delton Cables Gross Margin % Chart

Delton Cables 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 20.17 15.99 16.20 19.16 19.02

Delton Cables 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 21.53 24.73 21.23 17.97 15.46

BOM:504240 vs VRT, BE: Gross Margin % Comparison

For the Electrical Equipment & Parts subindustry, Delton Cables'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.


Delton Cables Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Delton Cables's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Delton Cables's Gross Margin % falls into.


BOM:504240
61GF Score
Delton Cables Ltd BOM:504240
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Delton Cables Gross Margin % Calculation

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

Delton Cables'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 )
=1876.5 / 9863.799
=(Revenue - Cost of Goods Sold) / Revenue
=(9863.799 - 7987.327) / 9863.799
=19.02 %

Delton Cables'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 )
=495.3 / 3203.098
=(Revenue - Cost of Goods Sold) / Revenue
=(3203.098 - 2707.823) / 3203.098
=15.46 %

* 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 15.46% mean?
Delton Cables (BOM:504240) has a Gross Margin % of 15.46% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Delton Cables and its competitors. This is 26% below median its historical median of 20.84. Over the past decade, Delton Cables' Gross Margin % has ranged from 15.99 to 28.38. According to the industry distribution chart, Delton Cables ranks #2121 out of 2993 companies in the Industrial Products industry, placing it in the top 70.9%.
Is Delton Cables' Gross Margin % too high?
Delton Cables' current Gross Margin % of 15.46% is 26% below median its 10-year median of 20.84. Over the past 10 years, this metric has ranged from a low of 15.99 to a high of 28.38. The Industrial Products industry median Gross Margin % is 26.83. Delton Cables' value of 15.46% is 42.4% below this industry median. Based on the distribution chart, Delton Cables ranks #2121 out of 2993 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Delton Cables has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Delton Cables' Gross Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Delton Cables ranks #2121 out of 2993 companies for Gross Margin %. This places Delton Cables in the lower half of its industry. The industry median Gross Margin % is 26.83. Delton Cables' value of 15.46% is 42.4% below this benchmark. Historically, Delton Cables' own Gross Margin % has ranged from 15.99 to 28.38 over the past decade. While the company's 10-year median is 20.84 vs. the industry median of 26.83, Delton Cables 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 an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.83, based on 2,993 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. Delton Cables's current Gross Margin % of 15.46% is 42.4% 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 Delton Cables and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delton Cables's current Gross Margin % is 15.46%, which is 26% below median its own 10-year median of 20.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delton Cables stock overvalued right now?
Based on GuruFocus' analysis, Delton Cables (BOM:504240) is currently considered Possible Value Trap. The stock's GF Value™ is ₹1,040.73, compared to a current price of ₹419.90 — trading 59.7% below its estimated fair value. The current Gross Margin % is 15.46%, which is 26% below median its 10-year median of 20.84 and 42.4% below the Industrial Products industry median of 26.83. Delton Cables' overall GF Score™ is 61/100 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 Delton Cables (BOM:504240), the current Gross Margin % is 15.46% 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 Delton Cables (BOM:504240) Overvalued in 2026?

Based on GuruFocus' analysis, Delton Cables stock appears to be undervalued. The current stock price of ₹419.90 is trading 59.7% below its estimated GF Value™ of ₹1,040.73. GuruFocus considers Delton Cables to be Possible Value Trap.

Key valuation signals for BOM:504240:

  • Gross Margin %: 15.46% (26% below median its 10-year median of 20.84)
  • GF Value™: ₹1,040.73 vs. price of ₹419.90 (59.7% below fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 42.4% below the Industrial Products median (#2121 of 2993)

No single metric tells the full story. See the BOM:504240 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Delton Cables Business Description

Address 17/4, Mathura Road, Faridabad, HR, IND, 121002
Delton Cables Ltd is engaged in manufacturing and supplying wires, cables, switchgear, and ancillary activities including trading. It offers wires and cables for various applications, such as power and control, indoor telephone, instrumentation, high temperature, compensating, and zero halogen. The company also provides switchgear, including miniature circuit breakers (MCBs), DC MCBs, MCB isolators, residual current circuit breakers, and offload changeover switches. In addition, it offers distribution boards. It earns the majority of its revenue from selling cables and switchgear items in the Domestic market.
61GF Score

Get the complete analysis for BOM:504240

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

₹419.90
Price
₹1,040.73
GF Value