Hi-Tech Pipes Ltd
NSE:HITECH
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 |
|
Hi-Tech Pipes Ltd
NSE:HITECH
|
17.5B INR |
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|
|
| ZA |
K
|
Kumba Iron Ore Ltd
JSE:KIO
|
112.3B ZAR |
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|
|
| BR |
|
Vale SA
BOVESPA:VALE3
|
359.3B BRL |
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|
|
| LU |
|
ArcelorMittal SA
AEX:MT
|
41.3B EUR |
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|
|
| AU |
F
|
Fortescue Ltd
XMUN:FVJ
|
37.4B EUR |
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|
|
| AU |
|
Fortescue Metals Group Ltd
ASX:FMG
|
61.8B AUD |
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|
|
| US |
|
Nucor Corp
NYSE:NUE
|
41.3B USD |
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|
|
| IN |
|
JSW Steel Ltd
NSE:JSWSTEEL
|
3T INR |
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|
|
| IN |
|
Tata Steel Ltd
NSE:TATASTEEL
|
2.6T INR |
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|
|
| US |
|
Steel Dynamics Inc
NASDAQ:STLD
|
27.9B USD |
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|
|
| JP |
|
Nippon Steel Corp
TSE:5401
|
3.5T JPY |
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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
Hi-Tech Pipes Ltd
Glance View
Hi-Tech Pipes Ltd. engages in the manufacture of steel tubes & pipes. The company is headquartered in New Delhi, Delhi. The company went IPO on 2016-02-25. The firm's products are used in a range of industries such as infrastructure, telecom, defense, power distribution, railways, airport, real estate, automobile and agriculture among others. The company operates under the manufacturing of Steel Tubes & Pipes. he Company's products include black steel tubes, rectangular & hollow section, galvanized steel tubes, metal beam highway crash barrier, cold rolling coils, organic Gi pipes, Jalshakti Gi pipes, and others. The firm has its five manufacturing facilities spread across four states, namely Uttar Pradesh, Gujarat, Andhra Pradesh and Maharashtra. The company has an installed capacity of 80000 million tons per annum.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Hi-Tech Pipes Ltd is 8.2%, which is below its 3-year median of 8.9%.
Over the last 3 years, Hi-Tech Pipes Ltd’s Gross Margin has decreased from 8.7% to 8.2%. During this period, it reached a low of 7.7% on Mar 31, 2023 and a high of 9.9% on Dec 31, 2024.
