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Cyient DLMBOM:543933 +3.09%87 Gross Margin % is 39.11% as of Mar. 2026, which is 65% above its 10-year median of 23.66. GuruFocus rates BOM:543933 with a GF Score™ of 87/100 and a GF Value™ of ₹674.42 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 345 Aerospace & Defense companies, Cyient DLM ranks better than 71.59% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Cyient DLM's Gross Profit for the
three
months ended in Mar. 2026 was ₹1,444 Mil. Cyient DLM's Revenue for the
three
months ended in Mar. 2026 was ₹3,691 Mil. Therefore, Cyient DLM's Gross Margin % for the quarter that ended in Mar. 2026 was 39.11%.
The historical rank and industry rank for Cyient DLM's Gross Margin % or its related term are showing as below:
BOM:543933'
s Gross Margin % Range Over the Past 10 Years
Min: 21.14 Med: 23.66 Max: 40.37
Current: 40.37
During the past 6 years, the highestGross Margin % of Cyient DLM was 40.37%. The lowest was 21.14%. And the median was 23.66%.
BOM:543933's Gross Margin % is ranked better than 71.59% of 345
companies
in the Aerospace & Defense industry
Industry Median: 26.84
vs BOM:543933: 40.37
Cyient DLM had a gross margin of 39.11% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Cyient DLM was 10.70% 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
Cyient DLM had a gross margin of 39.11% 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.
Cyient DLM Gross Margin % Related Terms
Cyient DLM Gross Margin % Historical Data
* Premium members only.
The historical data trend for Cyient DLM'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:543933 vs SPCX, GE, RTX: Gross Margin % Comparison
For the Aerospace & Defense subindustry, Cyient DLM'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.
Cyient DLM Gross Margin % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Cyient DLM's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Cyient DLM'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.
Cyient DLM (BOM:543933) has a Gross Margin % of 39.11% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Cyient DLM and its competitors. This is 65% above median its historical median of 23.66. Over the past decade, Cyient DLM's Gross Margin % has ranged from 21.14 to 40.37. According to the industry distribution chart, Cyient DLM ranks #98 out of 345 companies in the Aerospace & Defense industry, placing it in the top 28.4%.
Is Cyient DLM's Gross Margin % too high?
Cyient DLM's current Gross Margin % of 39.11% is 65% above median its 10-year median of 23.66. Over the past 10 years, this metric has ranged from a low of 21.14 to a high of 40.37. The Aerospace & Defense industry median Gross Margin % is 26.84. Cyient DLM's value of 39.11% is 45.7% above this industry median. Based on the distribution chart, Cyient DLM ranks #98 out of 345 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Cyient DLM has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cyient DLM's Gross Margin % compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Cyient DLM ranks #98 out of 345 companies for Gross Margin %. This puts Cyient DLM in the upper half of its industry. The industry median Gross Margin % is 26.84. Cyient DLM's value of 39.11% is 45.7% above this benchmark. Historically, Cyient DLM's own Gross Margin % has ranged from 21.14 to 40.37 over the past decade. While the company's 10-year median is 23.66 vs. the industry median of 26.84, Cyient DLM has consistently been above 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 Aerospace & Defense company?
The median Gross Margin % among Aerospace & Defense companies is 26.84, based on 345 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. Cyient DLM's current Gross Margin % of 39.11% is 45.7% above 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 Cyient DLM and its competitors. For the Aerospace & Defense industry, the median Gross Margin % is 26.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cyient DLM's current Gross Margin % is 39.11%, which is 65% above median its own 10-year median of 23.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cyient DLM stock overvalued right now?
Based on GuruFocus' analysis, Cyient DLM (BOM:543933) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹674.42, compared to a current price of ₹596.30 — trading 11.6% below its estimated fair value. The current Gross Margin % is 39.11%, which is 65% above median its 10-year median of 23.66 and 45.7% above the Aerospace & Defense industry median of 26.84. Cyient DLM's overall GF Score™ is 87/100 with 8 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 Cyient DLM (BOM:543933), the current Gross Margin % is 39.11% 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 Cyient DLM (BOM:543933) Overvalued in 2026?
Based on GuruFocus' analysis, Cyient DLM stock appears to be undervalued.
The current stock price of ₹596.30 is trading 11.6% below its estimated GF Value™ of ₹674.42.
GuruFocus considers Cyient DLM to be Modestly Undervalued.
Key valuation signals for BOM:543933:
Gross Margin %: 39.11% (65% above median its 10-year median of 23.66)
GF Value™: ₹674.42 vs. price of ₹596.30 (11.6% below fair value)
Industry Position: 45.7% above the Aerospace & Defense median (#98 of 345)
No single metric tells the full story. See the BOM:543933 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cyient DLM Ltd is principally engaged in providing total electronic manufacturing solutions in the fields of medical, industrial, automotive, telecommunication, defense and aerospace applications and machining of components for aerospace, automotive and defense industries. The company's industries are Aerospace & Defense, Healthcare and Lifesciences, Industrial, and Automotive. The Company's operations fall within a single operating segment "Electronic manufacturing solutions" which is considered as the primary reportable business segment. The company has presence in India, APAC (Excluding India), NAM, and EMEA. The company generates majority of revenue from EMEA.
87GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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