Lakshmi Machine Works Ltd
NSE:LAXMIMACH
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Lakshmi Machine Works Ltd
Gross Margin
Lakshmi Machine Works 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 | IN |
| Market Cap | 169.2B INR |
| Gross Margin |
37%
|
| Country | US |
| Market Cap | 90.6B USD |
| Gross Margin |
36%
|
| Country | US |
| Market Cap | 82B USD |
| Gross Margin |
44%
|
| Country | SE |
| Market Cap | 842.9B SEK |
| Gross Margin |
43%
|
| Country | JP |
| Market Cap | 7.6T JPY |
| Gross Margin |
20%
|
| Country | US |
| Market Cap | 42.2B USD |
| Gross Margin |
44%
|
| Country | US |
| Market Cap | 40.7B USD |
| Gross Margin |
30%
|
| Country | CH |
| Market Cap | 27.1B CHF |
| Gross Margin |
22%
|
| Country | US |
| Market Cap | 30.4B USD |
| Gross Margin |
37%
|
| Country | US |
| Market Cap | 28.2B USD |
| Gross Margin |
38%
|
| Country | JP |
| Market Cap | 4.3T JPY |
| Gross Margin |
46%
|
Lakshmi Machine Works Ltd
Glance View
Lakshmi Machine Works Ltd. engages in the manufacture and sale of textile spinning machinery. The company is headquartered in Coimbatore, Tamil Nadu and currently employs 3,143 full-time employees. The firm is engaged in the manufacturing and selling of textile spinning machinery, computer numerical control machine tools, heavy castings and parts and components for aerospace industry. The firm caters to both domestic and international markets. The firm operates through four divisions: Textile Machinery Division (TMD), Machine Tool Division (MTD), Foundry Division (FDY) and Advanced Technology Centre (ATC). TMD division is engaged in the manufacturing of a range of textile spinning machinery globally. MTD division is involved in developing and delivering customized machining solutions. FDY division is engaged in making precision castings for global brands across the world. ATC is involved in manufacturing aerospace components and assemblies for global players in the sector. Its TMD division offers card sliver system, combing system, ring spinning system, compact spinning system and other.
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 Lakshmi Machine Works Ltd's most recent financial statements, the company has Gross Margin of 37.1%.
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