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APAR INDUSTRIES vs GRINDWELL NORTON - Comparison Results

APAR INDUSTRIES      Change

Apar Industries Ltd. (formerly known as Gujarat Apar Polymers Ltd.) was incorporated on 28 September 1989. The main objective of the company is to set up a project for manufacture of Acrylonitrile Butadiene Rubber (N.B.R.) and latexes,at Village Dun... More

GRINDWELL NORTON 
   Change

Grindwell Norton Ltd. (GNL) is a 51% subsidiary of Compaigne de Saint-Gobain (a Euro 30 bn French company) which manufactures bonded abrasives, coated abrasive products, super abrasives, engineered ceramics, and engineered fluids. The company's manuf... More

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Current Valuations

    APAR INDUSTRIES GRINDWELL NORTON APAR INDUSTRIES /
GRINDWELL NORTON
 
P/E (TTM) x 11.0 60.8 18.2% View Chart
P/BV x 1.5 9.4 15.7% View Chart
Dividend Yield % 2.1 0.6 329.8%  

Financials

 APAR INDUSTRIES    GRINDWELL NORTON
EQUITY SHARE DATA
    APAR INDUSTRIES
Mar-19
GRINDWELL NORTON
Mar-19
APAR INDUSTRIES /
GRINDWELL NORTON
5-Yr Chart
Click to enlarge
High Rs821594 138.2%   
Low Rs535482 111.0%   
Sales per share (Unadj.) Rs2,081.0144.3 1,441.8%  
Earnings per share (Unadj.) Rs35.615.2 233.3%  
Cash flow per share (Unadj.) Rs53.019.3 274.1%  
Dividends per share (Unadj.) Rs9.506.00 158.3%  
Dividend yield (eoy) %1.41.1 125.6%  
Book value per share (Unadj.) Rs304.799.2 307.3%  
Shares outstanding (eoy) m38.27110.72 34.6%   
Bonus/Rights/Conversions ---  
Price / Sales ratio x0.33.7 8.7%   
Avg P/E ratio x19.135.3 54.0%  
P/CF ratio (eoy) x12.827.8 46.0%  
Price / Book Value ratio x2.25.4 41.0%  
Dividend payout %26.739.4 67.9%   
Avg Mkt Cap Rs m25,94559,556 43.6%   
No. of employees `0001.52.0 77.0%   
Total wages/salary Rs m1,4801,926 76.9%   
Avg. sales/employee Rs Th52,880.88,170.0 647.3%   
Avg. wages/employee Rs Th982.9984.6 99.8%   
Avg. net profit/employee Rs Th903.5862.6 104.7%   
INCOME DATA
Net Sales Rs m79,63915,981 498.3%  
Other income Rs m151354 42.6%   
Total revenues Rs m79,78916,334 488.5%   
Gross profit Rs m4,6772,718 172.1%  
Depreciation Rs m667452 147.4%   
Interest Rs m1,99915 13,324.7%   
Profit before tax Rs m2,1622,604 83.0%   
Minority Interest Rs m00-   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m00-   
Tax Rs m802917 87.4%   
Profit after tax Rs m1,3611,687 80.6%  
Gross profit margin %5.917.0 34.5%  
Effective tax rate %37.135.2 105.3%   
Net profit margin %1.710.6 16.2%  
BALANCE SHEET DATA
Current assets Rs m41,6618,591 484.9%   
Current liabilities Rs m36,3922,887 1,260.5%   
Net working cap to sales %6.635.7 18.5%  
Current ratio x1.13.0 38.5%  
Inventory Days Days5975 78.3%  
Debtors Days Days9847 209.0%  
Net fixed assets Rs m8,1233,880 209.3%   
Share capital Rs m383554 69.1%   
"Free" reserves Rs m11,27910,426 108.2%   
Net worth Rs m11,66110,979 106.2%   
Long term debt Rs m1,3030-   
Total assets Rs m50,21514,493 346.5%  
Interest coverage x2.1174.6 1.2%   
Debt to equity ratio x0.10-  
Sales to assets ratio x1.61.1 143.8%   
Return on assets %6.711.7 57.0%  
Return on equity %11.715.4 75.9%  
Return on capital %32.123.9 134.5%  
Exports to sales %23.80-   
Imports to sales %45.50-   
Exports (fob) Rs m18,945NA-   
Imports (cif) Rs m36,219NA-   
Fx inflow Rs m20,2642,927 692.4%   
Fx outflow Rs m37,4925,157 727.0%   
Net fx Rs m-17,228-2,230 772.4%   
CASH FLOW
From Operations Rs m6,320845 747.6%  
From Investments Rs m-3,879-538 721.2%  
From Financial Activity Rs m-2,933-682 429.8%  
Net Cashflow Rs m-491-384 127.8%  

Share Holding

Indian Promoters % 62.5 7.7 811.7%  
Foreign collaborators % 0.0 51.3 -  
Indian inst/Mut Fund % 5.8 10.1 57.3%  
FIIs % 5.2 3.0 173.3%  
ADR/GDR % 0.0 0.0 -  
Free float % 26.5 27.9 95.0%  
Shareholders   27,145 12,133 223.7%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare APAR INDUSTRIES With:   ECE INDUSTRIES  HERCULES HOISTS  BANCO PRODUCTS  PUNJ LLOYD   LAKSHMI MACHINE  

Compare APAR INDUSTRIES With:   ANSALDO STS (Italy)  SHANGHAI ELEC. (China)  DONGFANG ELEC. (China)  ABB (Switz.)  



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GRINDWELL NORTON Announces Quarterly Results (1QFY21); Net Profit Down 34.2% (Quarterly Result Update)

Aug 21, 2020 | Updated on Aug 21, 2020

For the quarter ended June 2020, GRINDWELL NORTON has posted a net profit of Rs 282 m (down 34.2% YoY). Sales on the other hand came in at Rs 2 bn (down 43.5% YoY). Read on for a complete analysis of GRINDWELL NORTON's quarterly results.

GRINDWELL NORTON Announces Quarterly Results (4QFY20); Net Profit Down 2.5% (Quarterly Result Update)

May 21, 2020 | Updated on May 21, 2020

For the quarter ended March 2020, GRINDWELL NORTON has posted a net profit of Rs 418 m (down 2.5% YoY). Sales on the other hand came in at Rs 4 bn (down 9.7% YoY). Read on for a complete analysis of GRINDWELL NORTON's quarterly results.

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For the quarter ended December 2019, GRINDWELL NORTON has posted a net profit of Rs 470 m (up 12.8% YoY). Sales on the other hand came in at Rs 4 bn (up 3.9% YoY). Read on for a complete analysis of GRINDWELL NORTON's quarterly results.

APAR INDUSTRIES Announces Quarterly Results (3QFY20); Net Profit Up 5.6% (Quarterly Result Update)

Jan 27, 2020 | Updated on Jan 27, 2020

For the quarter ended December 2019, APAR INDUSTRIES has posted a net profit of Rs 367 m (up 5.6% YoY). Sales on the other hand came in at Rs 18 bn (down 13.3% YoY). Read on for a complete analysis of APAR INDUSTRIES 's quarterly results.

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