Ritesh International Ltd
BSE:519097

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Ritesh International Ltd
BSE:519097
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Price: 56.34 INR -3.53%
Market Cap: ₹527.9m

Gross Margin

21.9%
Current
Declining
by 1.7%
vs 3-y average of 23.7%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
21.9%
=
Gross Profit
₹341.9m
/
Revenue
₹1.6B

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
21.9%
=
Gross Profit
₹341.9m
/
Revenue
₹1.6B

Peer Comparison

Country Company Market Cap Gross
Margin
IN
Ritesh International Ltd
BSE:519097
481.9m INR
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SA
Saudi Basic Industries Corporation SJSC
SAU:2010
228.3B SAR
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ID
Chandra Asri Pacific PT Tbk
OTC:PTPIF
45.6B USD
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ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
452T IDR
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US
Dow Inc
NYSE:DOW
25.8B USD
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CN
Hengli Petrochemical Co Ltd
SSE:600346
161.6B CNY
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UK
LyondellBasell Industries NV
NYSE:LYB
22.9B USD
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TW
Nan Ya Plastics Corp
TWSE:1303
707.4B TWD
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CN
Rongsheng Petrochemical Co Ltd
SZSE:002493
125.7B CNY
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KR
LG Chem Ltd
KRX:051910
23.8T KRW
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CN
Zhejiang Juhua Co Ltd
SSE:600160
104.5B CNY
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Market Distribution

Lower than 77% of companies in India
Percentile
23nd
Based on 4 996 companies
23nd percentile
21.9%
Low
-3 052.3% — 26.9%
Typical Range
26.9% — 53.3%
High
53.3% — 8 269.1%
Distribution Statistics
India
Min -3 052.3%
30th Percentile 26.9%
Median 39%
70th Percentile 53.3%
Max 8 269.1%

Ritesh International Ltd
Glance View

Market Cap
527.9m INR
Industry
Chemicals

Ritesh International Ltd. engages in the manufacture and sale of stearic acid, refined glycerine, and distilled fatty acid. The company is headquartered in Ludhiana, Punjab. The firm is focused on Stearic Acids and Other Non-Edible Oils Division and Knitwear Division. The firm's products have applications in rubber and polyvinyl chloride (PVC) industries. The firm manufactures a range of products, including Wonder Stearic Acid and Refined Glycerine. The company is engaged in manufacturing and supplying different stearic acid grades that are available in liquid product form, as well as flakes and sprayed prills. The firm supplies Stearic Acid to various industries in Ludhiana, Jalandhar, Mumbai, Delhi, Noida, Jaipur and Rajasthan for a range of applications that are used in diverse industries.

RITESHIN Intrinsic Value
HIDDEN
Show
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
21.9%
=
Gross Profit
₹341.9m
/
Revenue
₹1.6B
What is Ritesh International Ltd's current Gross Margin?

The current Gross Margin for Ritesh International Ltd is 21.9%, which is below its 3-year median of 23.7%.

How has Gross Margin changed over time?

Over the last 3 years, Ritesh International Ltd’s Gross Margin has increased from 21.4% to 21.9%. During this period, it reached a low of 21.4% on Dec 31, 2022 and a high of 25.8% on Jun 30, 2024.

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