I G Petrochemicals Ltd
NSE:IGPL
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 |
|
I G Petrochemicals Ltd
NSE:IGPL
|
11.1B 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
|
607.7T IDR |
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|
|
| CN |
|
Hengli Petrochemical Co Ltd
SSE:600346
|
178.9B CNY |
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|
|
| TW |
|
Nan Ya Plastics Corp
TWSE:1303
|
752.6B TWD |
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|
|
| US |
|
Dow Inc
NYSE:DOW
|
21.5B USD |
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|
|
| KR |
|
LG Chem Ltd
KRX:051910
|
30.3T KRW |
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|
|
| CN |
|
Rongsheng Petrochemical Co Ltd
SZSE:002493
|
145B CNY |
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|
|
| UK |
|
LyondellBasell Industries NV
NYSE:LYB
|
18.3B USD |
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|
| KR |
|
Ecopro Co Ltd
KOSDAQ:086520
|
23.5T KRW |
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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
I G Petrochemicals Ltd
Glance View
IG Petrochemicals Ltd. is a holding company, which engages in the manufacture and sale of organic chemicals. The company is headquartered in Mumbai, Maharashtra and currently employs 461 full-time employees. The company is engaged in a single business segment of manufacture and sale of organic chemicals. IGPL produces maleic anhydride through wash water generated out of the production process. The company is used in the manufacturing of unsaturated polyester resin which is used in automobiles, tanks and pipes, epoxy resin, lubricating oil additives and in food industries. Its aleic anhydride product is used in agro and food businesses. Its benzoic acid product is an organic compound, a colorless crystalline solid and a simple aromatic carboxylic acid. The company is used in the manufacture of paints, dyes and plastics as well as the manufacture of unsaturated polyester resin. Its also produces diethyl phthalate used as a plasticizer in consumer goods, including plastic packaging films, in-cosmetics formulation, solvent for fragrances, a surface lubricant in food and pharmaceutical packaging.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for I G Petrochemicals Ltd is 21.8%, which is above its 3-year median of 20.3%.
Over the last 3 years, I G Petrochemicals Ltd’s Gross Margin has decreased from 27.5% to 21.8%. During this period, it reached a low of 14.4% on Mar 31, 2024 and a high of 27.5% on Dec 31, 2022.
