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Tinplate Company of India Ltd
NSE:TINPLATE

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Tinplate Company of India Ltd Logo
Tinplate Company of India Ltd
NSE:TINPLATE
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Price: 430.5 INR -0.36% Market Closed
Market Cap: ₹45.1B

Gross Margin

27.3%
Current
Improving
by 3.3%
vs 3-y average of 24%

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
27.3%
=
Gross Profit
₹10.5B
/
Revenue
₹38.5B

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
27.3%
=
Gross Profit
₹10.5B
/
Revenue
₹38.5B

Peer Comparison

Country Company Market Cap Gross
Margin
IN
Tinplate Company of India Ltd
NSE:TINPLATE
45.1B INR
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ZA
Kumba Iron Ore Ltd
JSE:KIO
115.2B ZAR
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BR
Vale SA
BOVESPA:VALE3
377.6B BRL
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LU
ArcelorMittal SA
AEX:MT
42.2B EUR
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AU
Fortescue Ltd
XMUN:FVJ
39.5B EUR
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AU
Fortescue Metals Group Ltd
ASX:FMG
65.1B AUD
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US
Nucor Corp
NYSE:NUE
40.1B USD
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IN
JSW Steel Ltd
NSE:JSWSTEEL
3.1T INR
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IN
Tata Steel Ltd
NSE:TATASTEEL
2.7T INR
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US
Steel Dynamics Inc
NASDAQ:STLD
28B USD
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CN
Baoshan Iron & Steel Co Ltd
SSE:600019
153.8B CNY
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Market Distribution

In line with most companies in India
Percentile
31th
Based on 4 996 companies
31th percentile
27.3%
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%

Tinplate Company of India Ltd
Glance View

Market Cap
45.1B INR
Industry
Metals & Mining

The Tinplate Co. of India Ltd. engages in the manufacture and supply of tin coated and tin free steel sheets in India. The company is headquartered in Kolkata, West Bengal and currently employs 1,388 full-time employees. The company provides metal packaging solutions for a variety of food and non-food products through the manufacturing and marketing of tinplate and tin free steel under the brand name of Tata Tin plate. The electrolytic tinplate products include single reduced electrolytic tinplate (SR ETP), double reduced tinplate (DR ETP), and soft double reduced electrolytic tinplate (Soft DR ETP). Its value added/downstream products include lacquered / coated electrolytic tinplate sheets and printed electrolytic tinplate sheets. Its printed electrolytic tinplate sheets are used for food cans, paints, and battery jackets. Its applications include edible oils, paints and pesticides, processed foods, battery and aerosols, and manufacturers of bottle crowns. Its manufacturing facility is located at Jamshedpur, Jharkhand, which has cold rolling mills , electrolytic tinning Lines (ETLs) and printing and lacquering lines.

TINPLATE Intrinsic Value
Not Available
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
27.3%
=
Gross Profit
₹10.5B
/
Revenue
₹38.5B
What is Tinplate Company of India Ltd's current Gross Margin?

The current Gross Margin for Tinplate Company of India Ltd is 27.3%, which is above its 3-year median of 24%.

How has Gross Margin changed over time?

Over the last 3 years, Tinplate Company of India Ltd’s Gross Margin has increased from 22.6% to 27.3%. During this period, it reached a low of 20.1% on Mar 31, 2023 and a high of 27.3% on Sep 30, 2023.

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