Jindal Steel And Power Ltd
NSE:JINDALSTEL
Gross Margin
Jindal Steel And Power Ltd
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| IN |
|
Jindal Steel And Power Ltd
NSE:JINDALSTEL
|
807.3B INR |
54%
|
|
| ZA |
K
|
Kumba Iron Ore Ltd
JSE:KIO
|
92.3B Zac |
85%
|
|
| BR |
|
Vale SA
BOVESPA:VALE3
|
218.9B BRL |
36%
|
|
| AU |
|
Fortescue Metals Group Ltd
ASX:FMG
|
45.6B AUD |
44%
|
|
| IN |
|
JSW Steel Ltd
NSE:JSWSTEEL
|
2.3T INR |
31%
|
|
| AU |
F
|
Fortescue Ltd
XMUN:FVJ
|
25B EUR |
44%
|
|
| US |
|
Nucor Corp
NYSE:NUE
|
25.2B USD |
13%
|
|
| CN |
|
Baoshan Iron & Steel Co Ltd
SSE:600019
|
149.3B CNY |
5%
|
|
| LU |
|
ArcelorMittal SA
AEX:MT
|
18.7B EUR |
0%
|
|
| JP |
|
Nippon Steel Corp
TSE:5401
|
3T JPY |
16%
|
|
| IN |
|
Tata Steel Ltd
NSE:TATASTEEL
|
1.6T INR |
56%
|
Jindal Steel And Power Ltd
Glance View
In the bustling world of infrastructure and steel production, Jindal Steel and Power Ltd (JSPL) stands as a formidable player, deeply rooted in the dynamic industrial landscape of India. Born from the visionary dreams of industrialists, JSPL evolved from a local outfit into a multi-faceted conglomerate with a significant presence not only in India but globally. The company thrives by unlocking the potential of raw materials, transforming iron ore and coal into steel – an essential commodity that forms the backbone of various industries, including construction, automotive, and engineering. Through its integrated steel plants, JSPL delivers a wide range of products from structurals, plates, and rails to a variety of flat and long steel products, effectively catering to diverse market requirements. The key to JSPL's prosperity lies in its robust vertical integration strategy, controlling its supply chain from mining to manufacturing. This extensive integration ensures efficiency and cost-effectiveness, allowing the company to better manage fluctuations in raw material prices and demand cycles. Alongside steel production, JSPL has ventured into the power generation sector, optimizing its industrial processes with captive power plants which drive down operational costs and bolster energy self-sufficiency. This dual approach not only aligns with sustainable business practices but also supports the company's financial stability, providing a steady stream of revenues through power sales. In essence, JSPL has crafted a business model that merges resourcefulness with innovation, setting a sturdy platform for its continued growth and resilience in a competitive market.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Jindal Steel And Power Ltd's most recent financial statements, the company has Gross Margin of 53.9%.
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