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- APAR INDUSTRIES - GRINDWELL NORTON
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 
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
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 | Rs | 821 | 594 | 138.2% | |
| Low | Rs | 535 | 482 | 111.0% | |
| Sales per share (Unadj.) | Rs | 2,081.0 | 144.3 | 1,441.8% | |
| Earnings per share (Unadj.) | Rs | 35.6 | 15.2 | 233.3% | |
| Cash flow per share (Unadj.) | Rs | 53.0 | 19.3 | 274.1% | |
| Dividends per share (Unadj.) | Rs | 9.50 | 6.00 | 158.3% | |
| Dividend yield (eoy) | % | 1.4 | 1.1 | 125.6% | |
| Book value per share (Unadj.) | Rs | 304.7 | 99.2 | 307.3% | |
| Shares outstanding (eoy) | m | 38.27 | 110.72 | 34.6% | |
| Bonus/Rights/Conversions | - | - | - | ||
| Price / Sales ratio | x | 0.3 | 3.7 | 8.7% | |
| Avg P/E ratio | x | 19.1 | 35.3 | 54.0% | |
| P/CF ratio (eoy) | x | 12.8 | 27.8 | 46.0% | |
| Price / Book Value ratio | x | 2.2 | 5.4 | 41.0% | |
| Dividend payout | % | 26.7 | 39.4 | 67.9% | |
| Avg Mkt Cap | Rs m | 25,945 | 59,556 | 43.6% | |
| No. of employees | `000 | 1.5 | 2.0 | 77.0% | |
| Total wages/salary | Rs m | 1,480 | 1,926 | 76.9% | |
| Avg. sales/employee | Rs Th | 52,880.8 | 8,170.0 | 647.3% | |
| Avg. wages/employee | Rs Th | 982.9 | 984.6 | 99.8% | |
| Avg. net profit/employee | Rs Th | 903.5 | 862.6 | 104.7% | |
| INCOME DATA | |||||
|---|---|---|---|---|---|
| Net Sales | Rs m | 79,639 | 15,981 | 498.3% | |
| Other income | Rs m | 151 | 354 | 42.6% | |
| Total revenues | Rs m | 79,789 | 16,334 | 488.5% | |
| Gross profit | Rs m | 4,677 | 2,718 | 172.1% | |
| Depreciation | Rs m | 667 | 452 | 147.4% | |
| Interest | Rs m | 1,999 | 15 | 13,324.7% | |
| Profit before tax | Rs m | 2,162 | 2,604 | 83.0% | |
| Minority Interest | Rs m | 0 | 0 | - | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | 802 | 917 | 87.4% | |
| Profit after tax | Rs m | 1,361 | 1,687 | 80.6% | |
| Gross profit margin | % | 5.9 | 17.0 | 34.5% | |
| Effective tax rate | % | 37.1 | 35.2 | 105.3% | |
| Net profit margin | % | 1.7 | 10.6 | 16.2% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 41,661 | 8,591 | 484.9% | |
| Current liabilities | Rs m | 36,392 | 2,887 | 1,260.5% | |
| Net working cap to sales | % | 6.6 | 35.7 | 18.5% | |
| Current ratio | x | 1.1 | 3.0 | 38.5% | |
| Inventory Days | Days | 59 | 75 | 78.3% | |
| Debtors Days | Days | 98 | 47 | 209.0% | |
| Net fixed assets | Rs m | 8,123 | 3,880 | 209.3% | |
| Share capital | Rs m | 383 | 554 | 69.1% | |
| "Free" reserves | Rs m | 11,279 | 10,426 | 108.2% | |
| Net worth | Rs m | 11,661 | 10,979 | 106.2% | |
| Long term debt | Rs m | 1,303 | 0 | - | |
| Total assets | Rs m | 50,215 | 14,493 | 346.5% | |
| Interest coverage | x | 2.1 | 174.6 | 1.2% | |
| Debt to equity ratio | x | 0.1 | 0 | - | |
| Sales to assets ratio | x | 1.6 | 1.1 | 143.8% | |
| Return on assets | % | 6.7 | 11.7 | 57.0% | |
| Return on equity | % | 11.7 | 15.4 | 75.9% | |
| Return on capital | % | 32.1 | 23.9 | 134.5% | |
| Exports to sales | % | 23.8 | 0 | - | |
| Imports to sales | % | 45.5 | 0 | - | |
| Exports (fob) | Rs m | 18,945 | NA | - | |
| Imports (cif) | Rs m | 36,219 | NA | - | |
| Fx inflow | Rs m | 20,264 | 2,927 | 692.4% | |
| Fx outflow | Rs m | 37,492 | 5,157 | 727.0% | |
| Net fx | Rs m | -17,228 | -2,230 | 772.4% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | 6,320 | 845 | 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 | - |
Compare APAR INDUSTRIES With: ECE INDUSTRIES HERCULES HOISTS BANCO PRODUCTS PUNJ LLOYD LAKSHMI MACHINE
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Related Views on News
GRINDWELL NORTON Announces Quarterly Results (1QFY21); Net Profit Down 34.2% (Quarterly Result Update)
Aug 21, 2020 | Updated on Aug 21, 2020For 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, 2020For 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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GRINDWELL NORTON Announces Quarterly Results (3QFY20); Net Profit Up 12.8% (Quarterly Result Update)
Feb 5, 2020 | Updated on Feb 5, 2020For 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, 2020For 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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Apr 19, 2021 (Close)
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