Cords Cable Industries (NSE:CORDSCABLE) Gross Margin %: 17.16% (As of Mar. 2026) — Near Median


NSE:CORDSCABLE Cords Cable Industries Ltd NSE:CORDSCABLE
81 GF Score
Price ₹210.55
GF Value ₹221.83
Valuation Fairly Valued
! 3 Warning Signs
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What is Cords Cable Industries Gross Margin %?

Cords Cable Industries NSE:CORDSCABLE -1.43% 81 Gross Margin % is 17.16% as of Mar. 2026, which is 1% below its 10-year median of 17.33. GuruFocus rates NSE:CORDSCABLE with a GF Score™ of 81/100 and a GF Value™ of ₹221.83 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,996 Industrial Products companies, Cords Cable Industries ranks worse than 73.33% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Cords Cable Industries's Gross Profit for the three months ended in Mar. 2026 was ₹458 Mil. Cords Cable Industries's Revenue for the three months ended in Mar. 2026 was ₹2,669 Mil. Therefore, Cords Cable Industries's Gross Margin % for the quarter that ended in Mar. 2026 was 17.16%.

Warning Sign:

Cords Cable Industries Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.6%.


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

NSE:CORDSCABLE' s Gross Margin % Range Over the Past 10 Years
Min: 15.65   Med: 17.33   Max: 19.97
Current: 18.08


During the past 13 years, the highest Gross Margin % of Cords Cable Industries was 19.97%. The lowest was 15.65%. And the median was 17.33%.

NSE:CORDSCABLE's Gross Margin % is ranked worse than
73.33% of 2996 companies
in the Industrial Products industry
Industry Median: 26.8 vs NSE:CORDSCABLE: 18.08

Cords Cable Industries had a gross margin of 17.16% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Cords Cable Industries was -1.60% per year.


Cords Cable Industries  (NSE:CORDSCABLE) 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

Cords Cable Industries had a gross margin of 17.16% 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.


Cords Cable Industries Gross Margin % Related Terms


Cords Cable Industries Gross Margin % Historical Data

* Premium members only.

The historical data trend for Cords Cable Industries'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.

Cords Cable Industries Gross Margin % Chart

Cords Cable Industries 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 18.79 17.10 15.65 18.93 18.08

Cords Cable Industries 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 18.85 18.48 18.25 18.59 17.16

NSE:CORDSCABLE vs VRT, BE: Gross Margin % Comparison

For the Electrical Equipment & Parts subindustry, Cords Cable Industries'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.


Cords Cable Industries Gross Margin % vs Industrial Products Industry

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

* The bar in red indicates where Cords Cable Industries's Gross Margin % falls into.


NSE:CORDSCABLE
81GF Score
Cords Cable Industries Ltd NSE:CORDSCABLE
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Cords Cable Industries Gross Margin % Calculation

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

Cords Cable Industries'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 )
=1724.9 / 9538.998
=(Revenue - Cost of Goods Sold) / Revenue
=(9538.998 - 7814.108) / 9538.998
=18.08 %

Cords Cable Industries'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 )
=457.9 / 2668.968
=(Revenue - Cost of Goods Sold) / Revenue
=(2668.968 - 2211.039) / 2668.968
=17.16 %

* 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 17.16% mean?
Cords Cable Industries (NSE:CORDSCABLE) has a Gross Margin % of 17.16% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Cords Cable Industries and its competitors. This is near median its historical median of 17.33. Over the past decade, Cords Cable Industries' Gross Margin % has ranged from 15.65 to 19.97. According to the industry distribution chart, Cords Cable Industries ranks #2197 out of 2996 companies in the Industrial Products industry, placing it in the top 73.3%.
Is Cords Cable Industries' Gross Margin % too high?
Cords Cable Industries' current Gross Margin % of 17.16% is near median its 10-year median of 17.33. Over the past 10 years, this metric has ranged from a low of 15.65 to a high of 19.97. The Industrial Products industry median Gross Margin % is 26.80. Cords Cable Industries' value of 17.16% is 36% below this industry median. Based on the distribution chart, Cords Cable Industries ranks #2197 out of 2996 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Cords Cable Industries has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cords Cable Industries' Gross Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Cords Cable Industries ranks #2197 out of 2996 companies for Gross Margin %. This places Cords Cable Industries in the lower half of its industry. The industry median Gross Margin % is 26.80. Cords Cable Industries' value of 17.16% is 36% below this benchmark. Historically, Cords Cable Industries' own Gross Margin % has ranged from 15.65 to 19.97 over the past decade. While the company's 10-year median is 17.33 vs. the industry median of 26.80, Cords Cable Industries 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 26.80, 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. Cords Cable Industries's current Gross Margin % of 17.16% is 36% 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 Cords Cable Industries and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cords Cable Industries's current Gross Margin % is 17.16%, which is near median its own 10-year median of 17.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cords Cable Industries stock overvalued right now?
Based on GuruFocus' analysis, Cords Cable Industries (NSE:CORDSCABLE) is currently considered Fairly Valued. The stock's GF Value™ is ₹221.83, compared to a current price of ₹210.55 — trading 5.1% below its estimated fair value. The current Gross Margin % is 17.16%, which is near median its 10-year median of 17.33 and 36% below the Industrial Products industry median of 26.80. Cords Cable Industries' overall GF Score™ is 81/100 with 3 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 Cords Cable Industries (NSE:CORDSCABLE), the current Gross Margin % is 17.16% 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 Cords Cable Industries (NSE:CORDSCABLE) Overvalued in 2026?

Based on GuruFocus' analysis, Cords Cable Industries stock appears to be undervalued. The current stock price of ₹210.55 is trading 5.1% below its estimated GF Value™ of ₹221.83. GuruFocus considers Cords Cable Industries to be Fairly Valued.

Key valuation signals for NSE:CORDSCABLE:

  • Gross Margin %: 17.16% (near median its 10-year median of 17.33)
  • GF Value™: ₹221.83 vs. price of ₹210.55 (5.1% below fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 36% below the Industrial Products median (#2197 of 2996)

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


Cords Cable Industries Business Description

Other Exchanges 532941:India
Address Shambhu Dayal Bagh Marg, Near Okhla Industrial Area Phase-III, 94, First Floor, Old Ishwar Nagar, New Delhi, IND, 110020
Cords Cable Industries Ltd is engaged in offering electrical wires and cables. It is focused on specialized control and instrumentation cables. It designs, develops and manufactures a varied range of Instrumentation, Control, Thermocouple Extension/ Compensating, Power and Communication cables. The company's products include Fieldbus Cables, FireSave-Fire Survival Cables, EPR Cables, XtremeTemp - Low Temperature Cables, ToxFree-Low Smoke Zero Halogen Cables, Oil and Gas Cables, Water Desalination and Special Custom Designed Hybrid Cables and Cordsol- photovoltaic (PV) Solar Cables.
81GF Score

Get the complete analysis for NSE:CORDSCABLE

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

₹210.55
Price
₹221.83
GF Value