Birla CableNSE:BIRLACABLE -1.30%79 Gross Margin % is 20.32% as of Mar. 2026, which is 9% below its 10-year median of 22.33. GuruFocus rates NSE:BIRLACABLE with a GF Score™ of 79/100 and a GF Value™ of ₹213.50 (Fairly Valued). The stock has 7 warning signs investors should review. Among 2,453 Hardware companies, Birla Cable ranks worse than 63.96% on this metric.
Birla Cable Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.9%.
The historical rank and industry rank for Birla Cable's Gross Margin % or its related term are showing as below:
NSE:BIRLACABLE'
s Gross Margin % Range Over the Past 10 Years
Min: 17.01 Med: 22.33 Max: 28.31
Current: 18.8
During the past 13 years, the highestGross Margin % of Birla Cable was 28.31%. The lowest was 17.01%. And the median was 22.33%.
NSE:BIRLACABLE's Gross Margin % is ranked worse than 63.96% of 2453
companies
in the Hardware industry
Industry Median: 24.52
vs NSE:BIRLACABLE: 18.80
Birla Cable had a gross margin of 20.32% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Birla Cable was -3.90% per year.
Birla Cable (NSE:BIRLACABLE) 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
Birla Cable had a gross margin of 20.32% 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.
Birla Cable Gross Margin % Related Terms
Birla Cable Gross Margin % Historical Data
* Premium members only.
The historical data trend for Birla Cable'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.
NSE:BIRLACABLE vs CSCO, CIEN, MSI: Gross Margin % Comparison
For the Communication Equipment subindustry, Birla Cable'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.
Birla Cable Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Birla Cable's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Birla Cable'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.
Birla Cable (NSE:BIRLACABLE) has a Gross Margin % of 20.32% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Birla Cable and its competitors. This is near median its historical median of 22.33. Over the past decade, Birla Cable's Gross Margin % has ranged from 17.01 to 28.31. According to the industry distribution chart, Birla Cable ranks #1569 out of 2453 companies in the Hardware industry, placing it in the top 64%.
Is Birla Cable's Gross Margin % too high?
Birla Cable's current Gross Margin % of 20.32% is near median its 10-year median of 22.33. Over the past 10 years, this metric has ranged from a low of 17.01 to a high of 28.31. The Hardware industry median Gross Margin % is 24.52. Birla Cable's value of 20.32% is 17.1% below this industry median. Based on the distribution chart, Birla Cable ranks #1569 out of 2453 companies in the Hardware industry, which is below the industry midpoint. Overall, Birla Cable has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Birla Cable's Gross Margin % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Birla Cable ranks #1569 out of 2453 companies for Gross Margin %. This places Birla Cable in the lower half of its industry. The industry median Gross Margin % is 24.52. Birla Cable's value of 20.32% is 17.1% below this benchmark. Historically, Birla Cable's own Gross Margin % has ranged from 17.01 to 28.31 over the past decade. While the company's 10-year median is 22.33 vs. the industry median of 24.52, Birla Cable 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 24.52, based on 2,453 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. Birla Cable's current Gross Margin % of 20.32% is 17.1% 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 Birla Cable and its competitors. For the Hardware industry, the median Gross Margin % is 24.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Birla Cable's current Gross Margin % is 20.32%, which is near median its own 10-year median of 22.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Birla Cable stock overvalued right now?
Based on GuruFocus' analysis, Birla Cable (NSE:BIRLACABLE) is currently considered Fairly Valued. The stock's GF Value™ is ₹213.50, compared to a current price of ₹199.49 — trading 6.6% below its estimated fair value. The current Gross Margin % is 20.32%, which is near median its 10-year median of 22.33 and 17.1% below the Hardware industry median of 24.52. Birla Cable's overall GF Score™ is 79/100 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 Birla Cable (NSE:BIRLACABLE), the current Gross Margin % is 20.32% 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 Birla Cable (NSE:BIRLACABLE) Overvalued in 2026?
Based on GuruFocus' analysis, Birla Cable stock appears to be undervalued.
The current stock price of ₹199.49 is trading 6.6% below its estimated GF Value™ of ₹213.50.
GuruFocus considers Birla Cable to be Fairly Valued.
Key valuation signals for NSE:BIRLACABLE:
Gross Margin %: 20.32% (near median its 10-year median of 22.33)
GF Value™: ₹213.50 vs. price of ₹199.49 (6.6% below fair value)
Industry Position: 17.1% below the Hardware median (#1569 of 2453)
No single metric tells the full story. See the NSE:BIRLACABLE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Birla Cable Ltd is engaged in the manufacturing and sale of telecommunication cables, consisting of both copper and optical fiber, and other types of specialty wires and cables. Its geographical segments include Domestic Market (within India) and Overseas Market (outside India). The firm offers products in various categories such as optical fiber cables, including armored and unarmored, di-electric self-supporting aerial, figure-8 type aerial, drop, and interconnect cables. It also offers specialty cables, such as stainless steel wire armored tactical, coaxial, switchboard, screened PCM, and CAT cables, as well as automobile wires. In addition, the company provides telecom fiber accessories comprising connectors, adapters, pigtails, and cable accessories.
79GF Score
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