Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Jigar CablesBOM:540651 83 Net Margin % is 3.83% as of Mar. 2026, which is 62% above its 10-year median of 2.37. GuruFocus rates BOM:540651 with a GF Score™ of 83/100 and a GF Value™ of ₹64.34 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 3,037 Industrial Products companies, Jigar Cables ranks worse than 58.45% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Jigar Cables's Net Income for the
six
months ended in Mar. 2026 was ₹12.1 Mil. Jigar Cables's Revenue for the
six
months ended in Mar. 2026 was ₹317.2 Mil. Therefore, Jigar Cables's net margin for the quarter that ended in Mar. 2026 was 3.83%.
The historical rank and industry rank for Jigar Cables's Net Margin % or its related term are showing as below:
BOM:540651'
s Net Margin % Range Over the Past 10 Years
Min: 1.73 Med: 2.37 Max: 3.61
Current: 3.11
BOM:540651's Net Margin % is ranked worse than 58.45% of 3037
companies
in the Industrial Products industry
Industry Median: 4.51
vs BOM:540651: 3.11
Jigar Cables (BOM:540651) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Jigar Cables Net Margin % Related Terms
Jigar Cables Net Margin % Historical Data
* Premium members only.
The historical data trend for Jigar Cables's Net 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.
For the Electrical Equipment & Parts subindustry, Jigar Cables's Net Margin %, along with its competitors' market caps and Net 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.
Jigar Cables Net Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Jigar Cables's Net Margin % distribution charts can be found below:
* The bar in red indicates where Jigar Cables's Net 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.
Jigar Cables (BOM:540651) has a Net Margin % of 3.83% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Jigar Cables and its competitors. This is 62% above median its historical median of 2.37. Over the past decade, Jigar Cables' Net Margin % has ranged from 1.73 to 3.61. According to the industry distribution chart, Jigar Cables ranks #1775 out of 3037 companies in the Industrial Products industry, placing it in the top 58.4%.
Is Jigar Cables' Net Margin % too high?
Jigar Cables' current Net Margin % of 3.83% is 62% above median its 10-year median of 2.37. Over the past 10 years, this metric has ranged from a low of 1.73 to a high of 3.61. The Industrial Products industry median Net Margin % is 4.51. Jigar Cables' value of 3.83% is 15.1% below this industry median. Based on the distribution chart, Jigar Cables ranks #1775 out of 3037 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Jigar Cables has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jigar Cables' Net Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Jigar Cables ranks #1775 out of 3037 companies for Net Margin %. This places Jigar Cables in the lower half of its industry. The industry median Net Margin % is 4.51. Jigar Cables' value of 3.83% is 15.1% below this benchmark. Historically, Jigar Cables' own Net Margin % has ranged from 1.73 to 3.61 over the past decade. While the company's 10-year median is 2.37 vs. the industry median of 4.51, Jigar 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 Net Margin % for an Industrial Products company?
The median Net Margin % among Industrial Products companies is 4.51, based on 3,037 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Jigar Cables's current Net Margin % of 3.83% is 15.1% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Jigar Cables and its competitors. For the Industrial Products industry, the median Net Margin % is 4.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jigar Cables's current Net Margin % is 3.83%, which is 62% above median its own 10-year median of 2.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jigar Cables stock overvalued right now?
Based on GuruFocus' analysis, Jigar Cables (BOM:540651) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹64.34, compared to a current price of ₹71.95 — trading 11.8% above its estimated fair value. The current Net Margin % is 3.83%, which is 62% above median its 10-year median of 2.37 and 15.1% below the Industrial Products industry median of 4.51. Jigar Cables' overall GF Score™ is 83/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Jigar Cables (BOM:540651), the current Net Margin % is 3.83% 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 Jigar Cables (BOM:540651) Overvalued in 2026?
Based on GuruFocus' analysis, Jigar Cables stock appears to be overvalued.
The current stock price of ₹71.95 is trading 11.8% above its estimated GF Value™ of ₹64.34.
GuruFocus considers Jigar Cables to be Modestly Overvalued.
Key valuation signals for BOM:540651:
Net Margin %: 3.83% (62% above median its 10-year median of 2.37)
GF Value™: ₹64.34 vs. price of ₹71.95 (11.8% above fair value)
Industry Position: 15.1% below the Industrial Products median (#1775 of 3037)
No single metric tells the full story. See the BOM:540651 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jigar Cables Ltd is a manufacturer of electric wires and cables in India, known for its "SIGMA" brand. The company operates with a manufacturing facility in Gondal, Gujarat. It produces various products including submersible flat cables, flexible cables, LT PVC cables, aerial bunched cables, and house wires, catering to industrial, commercial, and residential applications. The company has a wholly-owned subsidiary, Jigar Polymers Ltd, for backward integration by manufacturing PVC and XLPE raw materials. Revenue is mostly from manufacturing and sales of cables and wires under its SIGMA brand.
83GF Score
Get the complete analysis for BOM:540651
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:540651 has been successfully added to your 
