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ECE INDUSTRIES vs GRINDWELL NORTON - Comparison Results

GRINDWELL NORTON 
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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

    ECE INDUSTRIES GRINDWELL NORTON ECE INDUSTRIES/
GRINDWELL NORTON
 
P/E (TTM) x 81.1 17.9 453.1% View Chart
P/BV x 0.9 3.2 26.8% View Chart
Dividend Yield % 0.1 1.7 4.3%  

Financials

 ECE INDUSTRIES   GRINDWELL NORTON
EQUITY SHARE DATA
    ECE INDUSTRIES
Mar-15
GRINDWELL NORTON
Mar-16
ECE INDUSTRIES/
GRINDWELL NORTON
5-Yr Chart
Click to enlarge
High Rs129814 15.9%   
Low Rs97595 16.3%   
Sales per share (Unadj.) Rs231.4213.6 108.3%  
Earnings per share (Unadj.) Rs1.318.9 6.8%  
Cash flow per share (Unadj.) Rs4.726.5 17.8%  
Dividends per share (Unadj.) Rs0.106.50 1.5%  
Dividend yield (eoy) %0.10.9 9.6%  
Book value per share (Unadj.) Rs183.3121.7 150.6%  
Shares outstanding (eoy) m7.7355.36 14.0%   
Bonus/Rights/Conversions ---  
Price / Sales ratio x0.53.3 14.8%   
Avg P/E ratio x88.337.3 236.9%  
P/CF ratio (eoy) x24.026.6 90.3%  
Price / Book Value ratio x0.65.8 10.7%  
Dividend payout %7.834.4 22.7%   
Avg Mkt Cap Rs m87438,998 2.2%   
No. of employees `0000.51.8 28.9%   
Total wages/salary Rs m1741,526 11.4%   
Avg. sales/employee Rs Th3,445.96,596.3 52.2%   
Avg. wages/employee Rs Th336.0851.1 39.5%   
Avg. net profit/employee Rs Th19.1583.4 3.3%   
INCOME DATA
Net Sales Rs m1,78811,827 15.1%  
Other income Rs m103208 49.5%   
Total revenues Rs m1,89212,035 15.7%   
Gross profit Rs m-501,820 -2.8%  
Depreciation Rs m27419 6.3%   
Interest Rs m2224 91.1%   
Profit before tax Rs m51,586 0.3%   
Minority Interest Rs m0-12 0.0%   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m00-   
Tax Rs m-5528 -1.0%   
Profit after tax Rs m101,046 0.9%  
Gross profit margin %-2.815.4 -18.3%  
Effective tax rate %-106.333.3 -319.1%   
Net profit margin %0.68.8 6.3%  
BALANCE SHEET DATA
Current assets Rs m1,0385,723 18.1%   
Current liabilities Rs m7742,729 28.4%   
Net working cap to sales %14.725.3 58.2%  
Current ratio x1.32.1 63.9%  
Inventory Days Days5976 78.4%  
Debtors Days Days10846 233.8%  
Net fixed assets Rs m2183,581 6.1%   
Share capital Rs m77277 27.9%   
"Free" reserves Rs m1,3166,461 20.4%   
Net worth Rs m1,4176,738 21.0%   
Long term debt Rs m028 0.0%   
Total assets Rs m2,2269,950 22.4%  
Interest coverage x1.267.9 1.8%   
Debt to equity ratio x00 0.0%  
Sales to assets ratio x0.81.2 67.6%   
Return on assets %1.410.8 13.2%  
Return on equity %0.715.5 4.5%  
Return on capital %1.923.6 7.9%  
Exports to sales %011.1 0.0%   
Imports to sales %1.028.4 3.5%   
Exports (fob) Rs mNA1,307 0.0%   
Imports (cif) Rs m183,356 0.5%   
Fx inflow Rs m01,852 0.0%   
Fx outflow Rs m203,555 0.6%   
Net fx Rs m-20-1,703 1.2%   
CASH FLOW
From Operations Rs m651,358 4.8%  
From Investments Rs m-28-367 7.6%  
From Financial Activity Rs m-21-978 2.1%  
Net Cashflow Rs m1613 122.6%  

Share Holding

Indian Promoters % 58.2 7.7 755.8%  
Foreign collaborators % 0.0 51.3 -  
Indian inst/Mut Fund % 4.5 10.1 44.5%  
FIIs % 2.7 3.0 90.0%  
ADR/GDR % 0.0 0.0 -  
Free float % 34.6 27.9 124.0%  
Shareholders   4,744 12,133 39.1%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare ECE INDUSTRIES With:   FAIRFILED ATLAS   INDO TECH TRANS.  FINOLEX CABLES  KALPATARU POWER  ASTRA MICRO  

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



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Apr 23, 2015 (Close)

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