Cords Cable Industries (NSE:CORDSCABLE) ROE %: 16.42% (As of Mar. 2026) — 208% Above Median


NSE:CORDSCABLE Cords Cable Industries Ltd NSE:CORDSCABLE
81 GF Score
Price ₹208.39
GF Value ₹220.95
Valuation Fairly Valued
! 3 Warning Signs
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What is Cords Cable Industries ROE %?

Cords Cable Industries NSE:CORDSCABLE -0.93% 81 ROE % is 16.42% as of Mar. 2026, which is 208% above its 10-year median of 5.33. GuruFocus rates NSE:CORDSCABLE with a GF Score™ of 81/100 and a GF Value™ of ₹220.95 (Fairly Valued). The stock has 3 warning signs investors should review. Among 3,003 Industrial Products companies, Cords Cable Industries ranks better than 70.7% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Cords Cable Industries's annualized net income for the quarter that ended in Mar. 2026 was ₹331 Mil. Cords Cable Industries's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹2,017 Mil. Therefore, Cords Cable Industries's annualized ROE % for the quarter that ended in Mar. 2026 was 16.42%.

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

NSE:CORDSCABLE' s ROE % Range Over the Past 10 Years
Min: 3.03   Med: 5.33   Max: 10.79
Current: 10.79

During the past 13 years, Cords Cable Industries's highest ROE % was 10.79%. The lowest was 3.03%. And the median was 5.33%.

NSE:CORDSCABLE's ROE % is ranked better than
70.7% of 3003 companies
in the Industrial Products industry
Industry Median: 5.86 vs NSE:CORDSCABLE: 10.79

Cords Cable Industries  (NSE:CORDSCABLE) 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:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=331.244/2017.285
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(331.244 / 10675.872)*(10675.872 / 4899.973)*(4899.973 / 2017.285)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.1 %*2.1788*2.429
=ROA %*Equity Multiplier
=6.75 %*2.429
=16.42 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=331.244/2017.285
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (331.244 / 442.08) * (442.08 / 559.172) * (559.172 / 10675.872) * (10675.872 / 4899.973) * (4899.973 / 2017.285)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7493 * 0.7906 * 5.24 % * 2.1788 * 2.429
=16.42 %

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.


Cords Cable Industries ROE % Related Terms


Cords Cable Industries ROE % Historical Data

* Premium members only.

The historical data trend for Cords Cable Industries'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.

Cords Cable Industries ROE % Chart

Cords Cable Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.28 4.64 6.13 8.34 10.75

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
ROE % 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 9.84 8.47 7.54 10.36 16.42

NSE:CORDSCABLE vs VRT, BE: ROE % Comparison

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


Cords Cable Industries ROE % vs Industrial Products Industry

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

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


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

Cords Cable Industries's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=206.433/( (1824.873+2017.285)/ 2 )
=206.433/1921.079
=10.75 %

Cords Cable Industries's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=331.244/( (0+2017.285)/ 1 )
=331.244/2017.285
=16.42 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 16.42% mean?
Cords Cable Industries (NSE:CORDSCABLE) has a ROE % of 16.42% 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 Cords Cable Industries and its competitors. This is 208% above median its historical median of 5.33. Over the past decade, Cords Cable Industries' ROE % has ranged from 3.03 to 10.79. According to the industry distribution chart, Cords Cable Industries ranks #880 out of 3003 companies in the Industrial Products industry, placing it in the top 29.3%.
Is Cords Cable Industries' ROE % too high?
Cords Cable Industries' current ROE % of 16.42% is 208% above median its 10-year median of 5.33. Over the past 10 years, this metric has ranged from a low of 3.03 to a high of 10.79. The Industrial Products industry median ROE % is 5.86. Cords Cable Industries' value of 16.42% is 180.2% above this industry median. Based on the distribution chart, Cords Cable Industries ranks #880 out of 3003 companies in the Industrial Products industry, which is above 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' ROE % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Cords Cable Industries ranks #880 out of 3003 companies for ROE %. This puts Cords Cable Industries in the upper half of its industry. The industry median ROE % is 5.86. Cords Cable Industries' value of 16.42% is 180.2% above this benchmark. Historically, Cords Cable Industries' own ROE % has ranged from 3.03 to 10.79 over the past decade. While the company's 10-year median is 5.33 vs. the industry median of 5.86, Cords Cable Industries has consistently been above 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 5.86, based on 3,003 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. Cords Cable Industries's current ROE % of 16.42% is 180.2% above 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 Cords Cable Industries and its competitors. For the Industrial Products industry, the median ROE % is 5.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cords Cable Industries's current ROE % is 16.42%, which is 208% above median its own 10-year median of 5.33. 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 ₹220.95, compared to a current price of ₹208.39 — trading 5.7% below its estimated fair value. The current ROE % is 16.42%, which is 208% above median its 10-year median of 5.33 and 180.2% above the Industrial Products industry median of 5.86. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Cords Cable Industries (NSE:CORDSCABLE), the current ROE % is 16.42% 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 ₹208.39 is trading 5.7% below its estimated GF Value™ of ₹220.95. GuruFocus considers Cords Cable Industries to be Fairly Valued.

Key valuation signals for NSE:CORDSCABLE:

  • ROE %: 16.42% (208% above median its 10-year median of 5.33)
  • GF Value™: ₹220.95 vs. price of ₹208.39 (5.7% below fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 180.2% above the Industrial Products median (#880 of 3003)

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

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

₹208.39
Price
₹220.95
GF Value