Hitech Corporation Ltd
NSE:HITECHCORP
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 |
H
|
Hitech Corporation Ltd
NSE:HITECHCORP
|
2.2B INR |
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|
|
| US |
B
|
Ball Corp
NYSE:BALL
|
16.5B USD |
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|
|
| US |
|
Crown Holdings Inc
NYSE:CCK
|
11.9B USD |
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|
|
| CA |
C
|
CCL Industries Inc
TSX:CCL.B
|
15B CAD |
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|
|
| US |
|
Aptargroup Inc
NYSE:ATR
|
8.3B USD |
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|
|
| US |
|
Berry Global Group Inc
NYSE:BERY
|
7.8B USD |
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|
|
| US |
S
|
Silgan Holdings Inc
NYSE:SLGN
|
4.4B USD |
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|
|
| ZA |
N
|
Nampak Ltd
JSE:NPK
|
3.9B ZAR |
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|
|
| CN |
|
Jiamei Food Packaging Chuzhou Co Ltd
SZSE:002969
|
26.4B CNY |
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|
|
| JP |
|
Toyo Seikan Group Holdings Ltd
TSE:5901
|
571.4B JPY |
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|
|
| US |
|
Greif Inc
NYSE:GEF
|
3.1B USD |
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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
Hitech Corporation Ltd
Glance View
Hitech Corp. Ltd. engages in the manufacturing and packaging of plastic. The company is headquartered in Mumbai, Maharashtra and currently employs 623 full-time employees. The firm offers to the customers related to paints, lube, agrochemical, fast-moving consumer goods (FMCG), personal and health care, and home care products, as well as export market. The firm operates through Rigid Plastic Containers segment. The company develops a range of plastic packaging designs, including sought-after products, such as plastic jars and containers of various capacities. The firm offers paints and coatings packaging. Its injection-molded plastic packaging designs offer multiple benefits, with containers and pails ranging from 200 milliliters (ml) to 20 liters. The firm develops distinguishes packaging designs across hair care, bath and shower care, skincare, cosmetics, and oral care. The firm has approximately 1200 customers across paint and coating FMCGS, agrochemicals, lubricants and health care industries.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Hitech Corporation Ltd is 39.6%, which is above its 3-year median of 35.9%.
Over the last 3 years, Hitech Corporation Ltd’s Gross Margin has increased from 36.9% to 39.6%. During this period, it reached a low of 25.2% on Mar 31, 2023 and a high of 39.7% on Jun 30, 2024.