JD Cables (BOM:544524) Gross Margin %: 22.30% (As of Mar. 2026) — 149% Above Median

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BOM:544524 JD Cables Ltd BOM:544524
17 GF Score
Price ₹208.60
! 4 Warning Signs
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What is JD Cables Gross Margin %?

JD Cables BOM:544524 -2.75% 17 Gross Margin % is 22.30% as of Mar. 2026, which is 149% above its 10-year median of 8.95. GuruFocus rates BOM:544524 with a GF Score™ of 17/100. The stock has 4 warning signs investors should review. Among 2,996 Industrial Products companies, JD Cables ranks worse than 65.15% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. JD Cables's Gross Profit for the six months ended in Mar. 2026 was ₹543 Mil. JD Cables's Revenue for the six months ended in Mar. 2026 was ₹2,433 Mil. Therefore, JD Cables's Gross Margin % for the quarter that ended in Mar. 2026 was 22.30%.


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

BOM:544524' s Gross Margin % Range Over the Past 10 Years
Min: 3.32   Med: 8.95   Max: 21.48
Current: 21.48


During the past 5 years, the highest Gross Margin % of JD Cables was 21.48%. The lowest was 3.32%. And the median was 8.95%.

BOM:544524's Gross Margin % is ranked worse than
65.15% of 2996 companies
in the Industrial Products industry
Industry Median: 26.785 vs BOM:544524: 21.48

JD Cables had a gross margin of 22.30% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for JD Cables was 0.00% per year.


JD Cables  (BOM:544524) 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

JD Cables had a gross margin of 22.30% 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.


JD Cables Gross Margin % Related Terms


JD Cables Gross Margin % Historical Data

* Premium members only.

The historical data trend for JD 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.

JD Cables Gross Margin % Chart

JD Cables Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
3.32 4.64 8.95 16.97 21.48

JD Cables Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Gross Margin % Get a 7-Day Free Trial 0.00 17.59 16.51 19.84 22.30

BOM:544524 vs VRT, BE: Gross Margin % Comparison

For the Electrical Equipment & Parts subindustry, JD 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.


JD Cables Gross Margin % vs Industrial Products Industry

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

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


BOM:544524
17GF Score
JD Cables Ltd BOM:544524
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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JD Cables Gross Margin % Calculation

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

JD 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 )
=783.2 / 3645.915
=(Revenue - Cost of Goods Sold) / Revenue
=(3645.915 - 2862.672) / 3645.915
=21.48 %

JD 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 )
=542.7 / 2433.362
=(Revenue - Cost of Goods Sold) / Revenue
=(2433.362 - 1890.689) / 2433.362
=22.30 %

* 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 22.30% mean?
JD Cables (BOM:544524) has a Gross Margin % of 22.30% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on JD Cables and its competitors. This is 149% above median its historical median of 8.95. Over the past decade, JD Cables' Gross Margin % has ranged from 3.32 to 21.48. According to the industry distribution chart, JD Cables ranks #1952 out of 2996 companies in the Industrial Products industry, placing it in the top 65.2%.
Is JD Cables' Gross Margin % too high?
JD Cables' current Gross Margin % of 22.30% is 149% above median its 10-year median of 8.95. Over the past 10 years, this metric has ranged from a low of 3.32 to a high of 21.48. The Industrial Products industry median Gross Margin % is 26.79. JD Cables' value of 22.30% is 16.7% below this industry median. Based on the distribution chart, JD Cables ranks #1952 out of 2996 companies in the Industrial Products industry, which is below the industry midpoint. Overall, JD Cables has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does JD Cables' Gross Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, JD Cables ranks #1952 out of 2996 companies for Gross Margin %. This places JD Cables in the lower half of its industry. The industry median Gross Margin % is 26.79. JD Cables' value of 22.30% is 16.7% below this benchmark. Historically, JD Cables' own Gross Margin % has ranged from 3.32 to 21.48 over the past decade. While the company's 10-year median is 8.95 vs. the industry median of 26.79, JD 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 26.79, based on 2,996 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. JD Cables's current Gross Margin % of 22.30% is 16.7% 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 JD Cables and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JD Cables's current Gross Margin % is 22.30%, which is 149% above median its own 10-year median of 8.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JD Cables stock overvalued right now?
JD Cables (BOM:544524) has a current Gross Margin % of 22.30%. The current Gross Margin % is 22.30%, which is 149% above median its 10-year median of 8.95 and 16.7% below the Industrial Products industry median of 26.79. JD Cables' overall GF Score™ is 17/100 with 4 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 JD Cables (BOM:544524), the current Gross Margin % is 22.30% 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.

JD Cables Business Description

Address Salt Lake Sector V, Arch Square X2, 14th Floor, 1401, Near College More, Sech Bhawan, North 24 Parganas, Salt Lake, WB, IND, 700091
JD Cables Ltd is engaged in the business of manufacturing of wires, cables and conductors. The company specializes in producing LTAB Cables, LT XLPE Power Cables, LT PVC Power & Control Cables and both Bare & Insulated Copper Conductors. The company operates in the business of manufacturing, buying, selling, exchanging, trading or dealing in all kinds of conductors, cables, wire and any other electrical goods. The company generates revenue from the production and sales of cables and conductors.
17GF Score

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