Marco Cables and Conductors (NSE:MARCO) Gross Margin %: 18.94% (As of Mar. 2026) — Near Median

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NSE:MARCO Marco Cables and Conductors Ltd NSE:MARCO
54 GF Score
Price ₹34.50
GF Value ₹82.07
Valuation Possible Value Trap
! 4 Warning Signs
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What is Marco Cables and Conductors Gross Margin %?

Marco Cables and Conductors NSE:MARCO +5.18% 54 Gross Margin % is 18.94% as of Mar. 2026, which is 3% below its 10-year median of 19.48. GuruFocus rates NSE:MARCO with a GF Score™ of 54/100 and a GF Value™ of ₹82.07 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,999 Industrial Products companies, Marco Cables and Conductors ranks worse than 71.76% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Marco Cables and Conductors's Gross Profit for the six months ended in Mar. 2026 was ₹92 Mil. Marco Cables and Conductors's Revenue for the six months ended in Mar. 2026 was ₹488 Mil. Therefore, Marco Cables and Conductors's Gross Margin % for the quarter that ended in Mar. 2026 was 18.94%.


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

NSE:MARCO' s Gross Margin % Range Over the Past 10 Years
Min: 18.04   Med: 19.48   Max: 22.28
Current: 18.69


During the past 6 years, the highest Gross Margin % of Marco Cables and Conductors was 22.28%. The lowest was 18.04%. And the median was 19.48%.

NSE:MARCO's Gross Margin % is ranked worse than
71.76% of 2999 companies
in the Industrial Products industry
Industry Median: 26.85 vs NSE:MARCO: 18.69

Marco Cables and Conductors had a gross margin of 18.94% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Marco Cables and Conductors was -0.70% per year.


Marco Cables and Conductors  (NSE:MARCO) 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

Marco Cables and Conductors had a gross margin of 18.94% 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.


Marco Cables and Conductors Gross Margin % Related Terms


Marco Cables and Conductors Gross Margin % Historical Data

* Premium members only.

The historical data trend for Marco Cables and Conductors'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.

Marco Cables and Conductors Gross Margin % Chart

Marco Cables and Conductors Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial 18.04 22.28 19.98 19.05 18.69

Marco Cables and Conductors Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Gross Margin % Get a 7-Day Free Trial 0.00 19.32 18.85 18.47 18.94

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

For the Electrical Equipment & Parts subindustry, Marco Cables and Conductors'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.


Marco Cables and Conductors Gross Margin % vs Industrial Products Industry

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

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


NSE:MARCO
54GF Score
Marco Cables and Conductors Ltd NSE:MARCO
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marco Cables and Conductors Gross Margin % Calculation

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

Marco Cables and Conductors'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 )
=192.2 / 1028.213
=(Revenue - Cost of Goods Sold) / Revenue
=(1028.213 - 836.028) / 1028.213
=18.69 %

Marco Cables and Conductors'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 )
=92.4 / 487.911
=(Revenue - Cost of Goods Sold) / Revenue
=(487.911 - 395.497) / 487.911
=18.94 %

* 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 18.94% mean?
Marco Cables and Conductors (NSE:MARCO) has a Gross Margin % of 18.94% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Marco Cables and Conductors and its competitors. This is near median its historical median of 19.48. Over the past decade, Marco Cables and Conductors' Gross Margin % has ranged from 18.04 to 22.28. According to the industry distribution chart, Marco Cables and Conductors ranks #2152 out of 2999 companies in the Industrial Products industry, placing it in the top 71.8%.
Is Marco Cables and Conductors' Gross Margin % too high?
Marco Cables and Conductors' current Gross Margin % of 18.94% is near median its 10-year median of 19.48. Over the past 10 years, this metric has ranged from a low of 18.04 to a high of 22.28. The Industrial Products industry median Gross Margin % is 26.85. Marco Cables and Conductors' value of 18.94% is 29.5% below this industry median. Based on the distribution chart, Marco Cables and Conductors ranks #2152 out of 2999 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Marco Cables and Conductors has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Marco Cables and Conductors' Gross Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Marco Cables and Conductors ranks #2152 out of 2999 companies for Gross Margin %. This places Marco Cables and Conductors in the lower half of its industry. The industry median Gross Margin % is 26.85. Marco Cables and Conductors' value of 18.94% is 29.5% below this benchmark. Historically, Marco Cables and Conductors' own Gross Margin % has ranged from 18.04 to 22.28 over the past decade. While the company's 10-year median is 19.48 vs. the industry median of 26.85, Marco Cables and Conductors 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 26.85, based on 2,999 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. Marco Cables and Conductors's current Gross Margin % of 18.94% is 29.5% 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 Marco Cables and Conductors and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marco Cables and Conductors's current Gross Margin % is 18.94%, which is near median its own 10-year median of 19.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marco Cables and Conductors stock overvalued right now?
Based on GuruFocus' analysis, Marco Cables and Conductors (NSE:MARCO) is currently considered Possible Value Trap. The stock's GF Value™ is ₹82.07, compared to a current price of ₹34.50 — trading 58% below its estimated fair value. The current Gross Margin % is 18.94%, which is near median its 10-year median of 19.48 and 29.5% below the Industrial Products industry median of 26.85. Marco Cables and Conductors' overall GF Score™ is 54/100 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 Marco Cables and Conductors (NSE:MARCO), the current Gross Margin % is 18.94% 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 Marco Cables and Conductors (NSE:MARCO) Overvalued in 2026?

Based on GuruFocus' analysis, Marco Cables and Conductors stock appears to be undervalued. The current stock price of ₹34.50 is trading 58% below its estimated GF Value™ of ₹82.07. GuruFocus considers Marco Cables and Conductors to be Possible Value Trap.

Key valuation signals for NSE:MARCO:

  • Gross Margin %: 18.94% (near median its 10-year median of 19.48)
  • GF Value™: ₹82.07 vs. price of ₹34.50 (58% below fair value)
  • GF Score™: 54/100 with 4 warning signs
  • Industry Position: 29.5% below the Industrial Products median (#2152 of 2999)

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


Marco Cables and Conductors Business Description

Address Main Road, Shop No 100, Opposite Bhai Gangaram Market, Ulhasnagar, Thane, MH, IND, 421005
Marco Cables and Conductors Ltd is engaged in the business of manufacturing and selling wires, cables wires and conductors in India. The company commenced its operations with the manufacturing of wires (with aluminium/copper conductor), LT XLPE cables, LT PVC cables, and LT Aerial Bunched Cables, including AAAC (All Aluminium Alloy Conductor) and ACSR (Aluminium Conductor Steel Reinforced) Conductors. Geographically the company operates in India only. The company generates all of its revenue from the sale of finished products.
54GF Score

Get the complete analysis for NSE:MARCO

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

₹34.50
Price
₹82.07
GF Value