Delton CablesBOM:504240 +0.92%61 ROE % is 1.47% as of Mar. 2026, which is 64% below its 10-year median of 4.09. GuruFocus rates BOM:504240 with a GF Score™ of 61/100 and a GF Value™ of ₹1,042.35 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 3,000 Industrial Products companies, Delton Cables ranks better than 61.07% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Delton Cables's annualized net income for the quarter that ended in Mar. 2026 was ₹51 Mil. Delton Cables's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹3,434 Mil. Therefore, Delton Cables's annualized ROE % for the quarter that ended in Mar. 2026 was 1.47%.
The historical rank and industry rank for Delton Cables's ROE % or its related term are showing as below:
BOM:504240'
s ROE % Range Over the Past 10 Years
Min: -228.58 Med: 4.09 Max: 209.18
Current: 8.3
During the past 13 years, Delton Cables's highest ROE % was 209.18%. The lowest was -228.58%. And the median was 4.09%.
BOM:504240's ROE % is ranked better than 61.07% of 3000
companies
in the Industrial Products industry
Industry Median: 5.85
vs BOM:504240: 8.30
Delton Cables (BOM:504240) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Delton Cables ROE % Related Terms
Delton Cables ROE % Historical Data
* Premium members only.
The historical data trend for Delton Cables's ROE % 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, Delton Cables's ROE %, along with its competitors' market caps and ROE % 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.
Delton Cables ROE % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Delton Cables's ROE % distribution charts can be found below:
* The bar in red indicates where Delton Cables's ROE % 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Delton Cables (BOM:504240) has a ROE % of 1.47% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Delton Cables and its competitors. This is 64% below median its historical median of 4.09. According to the industry distribution chart, Delton Cables ranks #1168 out of 3000 companies in the Industrial Products industry, placing it in the top 38.9%.
Is Delton Cables' ROE % too high?
Delton Cables' current ROE % of 1.47% is 64% below median its 10-year median of 4.09. The Industrial Products industry median ROE % is 5.85. Delton Cables' value of 1.47% is 74.9% below this industry median. Based on the distribution chart, Delton Cables ranks #1168 out of 3000 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Delton Cables has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Delton Cables' ROE % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Delton Cables ranks #1168 out of 3000 companies for ROE %. This puts Delton Cables in the upper half of its industry. The industry median ROE % is 5.85. Delton Cables' value of 1.47% is 74.9% below this benchmark. While the company's 10-year median is 4.09 vs. the industry median of 5.85, Delton 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 ROE % for an Industrial Products company?
The median ROE % among Industrial Products companies is 5.85, based on 3,000 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Delton Cables's current ROE % of 1.47% is 74.9% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Delton Cables and its competitors. For the Industrial Products industry, the median ROE % is 5.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delton Cables's current ROE % is 1.47%, which is 64% below median its own 10-year median of 4.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delton Cables stock overvalued right now?
Based on GuruFocus' analysis, Delton Cables (BOM:504240) is currently considered Possible Value Trap. The stock's GF Value™ is ₹1,042.35, compared to a current price of ₹427.35 — trading 59% below its estimated fair value. The current ROE % is 1.47%, which is 64% below median its 10-year median of 4.09 and 74.9% below the Industrial Products industry median of 5.85. Delton Cables' overall GF Score™ is 61/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Delton Cables (BOM:504240), the current ROE % is 1.47% 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 Delton Cables (BOM:504240) Overvalued in 2026?
Based on GuruFocus' analysis, Delton Cables stock appears to be undervalued.
The current stock price of ₹427.35 is trading 59% below its estimated GF Value™ of ₹1,042.35.
GuruFocus considers Delton Cables to be Possible Value Trap.
Key valuation signals for BOM:504240:
ROE %: 1.47% (64% below median its 10-year median of 4.09)
GF Value™: ₹1,042.35 vs. price of ₹427.35 (59% below fair value)
Industry Position: 74.9% below the Industrial Products median (#1168 of 3000)
No single metric tells the full story. See the BOM:504240 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Delton Cables Ltd is engaged in manufacturing and supplying wires, cables, switchgear, and ancillary activities including trading. It offers wires and cables for various applications, such as power and control, indoor telephone, instrumentation, high temperature, compensating, and zero halogen. The company also provides switchgear, including miniature circuit breakers (MCBs), DC MCBs, MCB isolators, residual current circuit breakers, and offload changeover switches. In addition, it offers distribution boards. It earns the majority of its revenue from selling cables and switchgear items in the Domestic market.
61GF Score
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