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CWDBOM:543378 -2.11%69 Gross Margin % is 17.68% as of Mar. 2026, which is 72% below its 10-year median of 63.53. GuruFocus rates BOM:543378 with a GF Score™ of 69/100 and a GF Value™ of ₹4,309.66 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 2,452 Hardware companies, CWD ranks worse than 58.97% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. CWD's Gross Profit for the
six
months ended in Mar. 2026 was ₹180 Mil. CWD's Revenue for the
six
months ended in Mar. 2026 was ₹1,018 Mil. Therefore, CWD's Gross Margin % for the quarter that ended in Mar. 2026 was 17.68%.
Warning Sign:
CWD Ltd gross margin has been in long-term decline. The average rate of decline per year is -16.3%.
The historical rank and industry rank for CWD's Gross Margin % or its related term are showing as below:
BOM:543378'
s Gross Margin % Range Over the Past 10 Years
Min: 20.69 Med: 63.53 Max: 71.71
Current: 20.69
During the past 7 years, the highestGross Margin % of CWD was 71.71%. The lowest was 20.69%. And the median was 63.53%.
BOM:543378's Gross Margin % is ranked worse than 58.97% of 2452
companies
in the Hardware industry
Industry Median: 24.485
vs BOM:543378: 20.69
CWD had a gross margin of 17.68% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for CWD was -16.30% per year.
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
CWD had a gross margin of 17.68% 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.
CWD Gross Margin % Related Terms
CWD Gross Margin % Historical Data
* Premium members only.
The historical data trend for CWD'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.
BOM:543378 vs APH, GLW, TEL: Gross Margin % Comparison
For the Electronic Components subindustry, CWD'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.
CWD Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, CWD's Gross Margin % distribution charts can be found below:
* The bar in red indicates where CWD's Gross Margin % falls into.
* 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.
CWD (BOM:543378) has a Gross Margin % of 17.68% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on CWD and its competitors. This is 72% below median its historical median of 63.53. Over the past decade, CWD's Gross Margin % has ranged from 20.69 to 71.71. According to the industry distribution chart, CWD ranks #1446 out of 2452 companies in the Hardware industry, placing it in the top 59%.
Is CWD's Gross Margin % too high?
CWD's current Gross Margin % of 17.68% is 72% below median its 10-year median of 63.53. Over the past 10 years, this metric has ranged from a low of 20.69 to a high of 71.71. The Hardware industry median Gross Margin % is 24.49. CWD's value of 17.68% is 27.8% below this industry median. Based on the distribution chart, CWD ranks #1446 out of 2452 companies in the Hardware industry, which is below the industry midpoint. Overall, CWD has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does CWD's Gross Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, CWD ranks #1446 out of 2452 companies for Gross Margin %. This places CWD in the lower half of its industry. The industry median Gross Margin % is 24.49. CWD's value of 17.68% is 27.8% below this benchmark. Historically, CWD's own Gross Margin % has ranged from 20.69 to 71.71 over the past decade. While the company's 10-year median is 63.53 vs. the industry median of 24.49, CWD 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.49, based on 2,452 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. CWD's current Gross Margin % of 17.68% is 27.8% 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 CWD and its competitors. For the Hardware industry, the median Gross Margin % is 24.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CWD's current Gross Margin % is 17.68%, which is 72% below median its own 10-year median of 63.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CWD stock overvalued right now?
Based on GuruFocus' analysis, CWD (BOM:543378) is currently considered Possible Value Trap. The stock's GF Value™ is ₹4,309.66, compared to a current price of ₹301.95 — trading 93% below its estimated fair value. The current Gross Margin % is 17.68%, which is 72% below median its 10-year median of 63.53 and 27.8% below the Hardware industry median of 24.49. CWD's overall GF Score™ is 69/100 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 CWD (BOM:543378), the current Gross Margin % is 17.68% 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 CWD (BOM:543378) Overvalued in 2026?
Based on GuruFocus' analysis, CWD stock appears to be undervalued.
The current stock price of ₹301.95 is trading 93% below its estimated GF Value™ of ₹4,309.66.
GuruFocus considers CWD to be Possible Value Trap.
Key valuation signals for BOM:543378:
Gross Margin %: 17.68% (72% below median its 10-year median of 63.53)
GF Value™: ₹4,309.66 vs. price of ₹301.95 (93% below fair value)
Industry Position: 27.8% below the Hardware median (#1446 of 2452)
No single metric tells the full story. See the BOM:543378 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CWD Ltd is an Information and Communication Technology (ICT) company specializing in designing, developing, manufacturing, and selling integrated wireless technology solutions. The company focuses on wireless communication technologies including NFC, Bluetooth BLE, Wi-Fi, Zigbee, LoRa, 5G LTE, NB-IoT, and LTE CAT M1. Its diversified product portfolio includes smart medical consumer electronics, vaccine tracking and delivery devices, farm cattle tracking systems, smart power meter electronics, employee safety and identity solutions, smart lighting components, and Bluetooth low energy modules. CWD also has subsidiaries and has expanded its footprint through acquisitions. CWD operates in two prominent segments, Consumer Electronics and Design and Development of Technology Solutions.
69GF Score
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