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- ELECON ENGINEERING - GRINDWELL NORTON
ELECON ENGINEERING vs GRINDWELL NORTON - Comparison Results
ELECON ENGINEERING Change
Elecon Engg. (Elecon) is a manufacturer of all kinds of material handling equipment like elevators, conveyors, & moving machinery, and reduction gears. It is the leading manufacturer of coal handling plants for Power Stations.
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
| ELECON ENGINEERING | GRINDWELL NORTON | ELECON ENGINEERING/ GRINDWELL NORTON |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | 5.8 | 39.6 | 14.6% | View Chart |
| P/BV | x | 0.4 | 6.1 | 7.4% | View Chart |
| Dividend Yield | % | 0.6 | 1.0 | 63.4% |
Financials
 ELECON ENGINEERING  GRINDWELL NORTON |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| ELECON ENGINEERING Mar-19 |
GRINDWELL NORTON Mar-19 |
ELECON ENGINEERING/ GRINDWELL NORTON |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 89 | 594 | 14.9% | |
| Low | Rs | 49 | 482 | 10.1% | |
| Sales per share (Unadj.) | Rs | 109.0 | 144.3 | 75.5% | |
| Earnings per share (Unadj.) | Rs | 6.2 | 15.2 | 41.0% | |
| Cash flow per share (Unadj.) | Rs | 10.5 | 19.3 | 54.4% | |
| Dividends per share (Unadj.) | Rs | 0.20 | 6.00 | 3.3% | |
| Dividend yield (eoy) | % | 0.3 | 1.1 | 26.1% | |
| Book value per share (Unadj.) | Rs | 68.5 | 99.2 | 69.0% | |
| Shares outstanding (eoy) | m | 112.20 | 110.72 | 101.3% | |
| Bonus/Rights/Conversions | - | - | - | ||
| Price / Sales ratio | x | 0.6 | 3.7 | 16.9% | |
| Avg P/E ratio | x | 11.0 | 35.3 | 31.1% | |
| P/CF ratio (eoy) | x | 6.5 | 27.8 | 23.4% | |
| Price / Book Value ratio | x | 1.0 | 5.4 | 18.5% | |
| Dividend payout | % | 3.2 | 39.4 | 8.1% | |
| Avg Mkt Cap | Rs m | 7,697 | 59,556 | 12.9% | |
| No. of employees | `000 | 0.8 | 2.0 | 40.3% | |
| Total wages/salary | Rs m | 1,389 | 1,926 | 72.1% | |
| Avg. sales/employee | Rs Th | 15,522.0 | 8,170.0 | 190.0% | |
| Avg. wages/employee | Rs Th | 1,762.3 | 984.6 | 179.0% | |
| Avg. net profit/employee | Rs Th | 889.7 | 862.6 | 103.1% | |
| INCOME DATA | |||||
|---|---|---|---|---|---|
| Net Sales | Rs m | 12,231 | 15,981 | 76.5% | |
| Other income | Rs m | 673 | 354 | 190.3% | |
| Total revenues | Rs m | 12,904 | 16,334 | 79.0% | |
| Gross profit | Rs m | 1,380 | 2,718 | 50.8% | |
| Depreciation | Rs m | 479 | 452 | 105.9% | |
| Interest | Rs m | 730 | 15 | 4,864.7% | |
| Profit before tax | Rs m | 844 | 2,604 | 32.4% | |
| Minority Interest | Rs m | 39 | 0 | - | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | 182 | 917 | 19.8% | |
| Profit after tax | Rs m | 701 | 1,687 | 41.6% | |
| Gross profit margin | % | 11.3 | 17.0 | 66.3% | |
| Effective tax rate | % | 21.5 | 35.2 | 61.1% | |
| Net profit margin | % | 5.7 | 10.6 | 54.3% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 12,623 | 8,591 | 146.9% | |
| Current liabilities | Rs m | 10,202 | 2,887 | 353.3% | |
| Net working cap to sales | % | 19.8 | 35.7 | 55.5% | |
| Current ratio | x | 1.2 | 3.0 | 41.6% | |
| Inventory Days | Days | 95 | 75 | 126.9% | |
| Debtors Days | Days | 177 | 47 | 376.7% | |
| Net fixed assets | Rs m | 8,043 | 3,880 | 207.3% | |
| Share capital | Rs m | 224 | 554 | 40.5% | |
| "Free" reserves | Rs m | 7,456 | 10,426 | 71.5% | |
| Net worth | Rs m | 7,681 | 10,979 | 70.0% | |
| Long term debt | Rs m | 2,439 | 0 | - | |
| Total assets | Rs m | 21,695 | 14,493 | 149.7% | |
| Interest coverage | x | 2.2 | 174.6 | 1.2% | |
| Debt to equity ratio | x | 0.3 | 0 | - | |
| Sales to assets ratio | x | 0.6 | 1.1 | 51.1% | |
| Return on assets | % | 6.6 | 11.7 | 56.2% | |
| Return on equity | % | 9.1 | 15.4 | 59.4% | |
| Return on capital | % | 15.9 | 23.9 | 66.8% | |
| Exports to sales | % | 0 | 0 | - | |
| Imports to sales | % | 0 | 0 | - | |
| Exports (fob) | Rs m | NA | NA | - | |
| Imports (cif) | Rs m | NA | NA | - | |
| Fx inflow | Rs m | 534 | 2,927 | 18.3% | |
| Fx outflow | Rs m | 294 | 5,157 | 5.7% | |
| Net fx | Rs m | 241 | -2,230 | -10.8% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | 873 | 845 | 103.3% | |
| From Investments | Rs m | 397 | -538 | -73.7% | |
| From Financial Activity | Rs m | -1,178 | -682 | 172.6% | |
| Net Cashflow | Rs m | 92 | -384 | -24.1% | |
Share Holding
| Indian Promoters | % | 58.1 | 7.7 | 754.5% | |
| Foreign collaborators | % | 0.0 | 51.3 | - | |
| Indian inst/Mut Fund | % | 7.7 | 10.1 | 76.1% | |
| FIIs | % | 0.3 | 3.0 | 10.0% | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 33.9 | 27.9 | 121.5% | |
| Shareholders | 52,128 | 12,133 | 429.6% | ||
| Pledged promoter(s) holding | % | 10.0 | 0.0 | - |
Compare ELECON ENGINEERING With: TEXMACO INFRA VOLTAS VA TECH WABAG ABB INDIA SIEMENS
Compare ELECON ENGINEERING With: DONGFANG ELEC. (China) ANSALDO STS (Italy) SHANGHAI ELEC. (China) ABB (Switz.)
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GRINDWELL NORTON 2018-19 Annual Report Analysis (Annual Result Update)
Sep 23, 2019 | Updated on Sep 23, 2019Here's an analysis of the annual report of GRINDWELL NORTON for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of GRINDWELL NORTON. Also includes updates on the valuation of GRINDWELL NORTON.
GRINDWELL NORTON Announces Quarterly Results (1QFY20); Net Profit Down 1.6% (Quarterly Result Update)
Jul 29, 2019 | Updated on Jul 29, 2019For the quarter ended June 2019, GRINDWELL NORTON has posted a net profit of Rs 429 m (down 1.6% YoY). Sales on the other hand came in at Rs 4 bn (up 7.9% YoY). Read on for a complete analysis of GRINDWELL NORTON's quarterly results.
ELECON ENGINEERING Announces Quarterly Results (1QFY20); Net Profit Down 96.1% (Quarterly Result Update)
Jul 29, 2019 | Updated on Jul 29, 2019For the quarter ended June 2019, ELECON ENGINEERING has posted a net profit of Rs 3 m (down 96.1% YoY). Sales on the other hand came in at Rs 3 bn (down 10.6% YoY). Read on for a complete analysis of ELECON ENGINEERING's quarterly results.
GRINDWELL NORTON Announces Quarterly Results (4QFY19); Net Profit Down 3.4% (Quarterly Result Update)
Jun 3, 2019 | Updated on Jun 3, 2019For the quarter ended March 2019, GRINDWELL NORTON has posted a net profit of Rs 428 m (down 3.4% YoY). Sales on the other hand came in at Rs 4 bn (up 5.7% YoY). Read on for a complete analysis of GRINDWELL NORTON's quarterly results.
ELECON ENGINEERING Announces Quarterly Results (4QFY19); Net Profit Down 83.5% (Quarterly Result Update)
May 9, 2019 | Updated on May 9, 2019For the quarter ended March 2019, ELECON ENGINEERING has posted a net profit of Rs 88 m (down 83.5% YoY). Sales on the other hand came in at Rs 3 bn (down 25.4% YoY). Read on for a complete analysis of ELECON ENGINEERING's quarterly results.
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