Globe Textiles (India) Ltd
NSE:GLOBE
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.
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.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| IN |
|
Globe Textiles (India) Ltd
NSE:GLOBE
|
1.2B INR |
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|
|
| HK |
C
|
Cecep Costin New Materials Group Ltd
HKEX:2228
|
45.5B HKD |
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|
|
| CN |
S
|
Shijiazhuang ChangShan BeiMing Technology Co Ltd
SZSE:000158
|
32.2B CNY |
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|
|
| CN |
H
|
Hmt Xiamen New Technical Materials Co Ltd
SSE:603306
|
25.6B CNY |
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|
|
| TW |
|
Eclat Textile Co Ltd
TWSE:1476
|
116.9B TWD |
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|
| IN |
S
|
Spentex Industries Ltd
NSE:SPENTEX
|
291.1B INR |
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|
|
| IN |
|
Sumeet Industries Ltd
NSE:SUMEETINDS
|
260B INR |
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|
|
| CN |
W
|
Weiqiao Textile Co Ltd
HKEX:2698
|
18.8B HKD |
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|
| UK |
|
Coats Group PLC
LSE:COA
|
1.8B GBP |
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|
| TW |
|
Ruentex Industries Ltd
TWSE:2915
|
55.7B TWD |
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|
| IN |
|
Vardhman Textiles Ltd
NSE:VTL
|
152B INR |
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Market Distribution
| Min | -3 052.3% |
| 30th Percentile | 26.9% |
| Median | 39% |
| 70th Percentile | 53.3% |
| Max | 8 269.1% |
Other Profitability Ratios
Globe Textiles (India) Ltd
Glance View
Globe Textiles (India) Ltd. manufactures garments, cotton printed fabrics, home textiles, and fancy fabrics. The company is headquartered in Ahmedabad, Gujarat. The company went IPO on 2017-06-23. The company is also involved in manufacturing face mask from denim and printed fabric as an essential for protection against dust and virus. The company also offers personal protective equipment (PPE) suits. Its brands, such as AFFORD, INDIGIRL, and INDIGEN are offered through its online partners like Snapdeal, Flipkart, Voonik, and Mr.Voonik. The Company’s product portfolio consists of man-made and natural fiber yarns, fabrics, accessories, home textiles, and furnishing and readymade garments. The company offers a range of denim and non-denim fabrics besides other blended and non-blended fabrics. The company also offers an assortment of bed sets and sheets, bedspreads, flat in cotton, and microfiber fitted sheets alongside other furnishings and accessories like curtains, table linen/runner, napkins, and tray cloth.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Globe Textiles (India) Ltd is 12.7%, which is above its 3-year median of 11.9%.
Over the last 1 years, Globe Textiles (India) Ltd’s Gross Margin has decreased from 13.6% to 12.7%. During this period, it reached a low of 8.8% on Dec 31, 2024 and a high of 13.7% on Jun 30, 2024.