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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 
   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

    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 Rs89594 14.9%   
Low Rs49482 10.1%   
Sales per share (Unadj.) Rs109.0144.3 75.5%  
Earnings per share (Unadj.) Rs6.215.2 41.0%  
Cash flow per share (Unadj.) Rs10.519.3 54.4%  
Dividends per share (Unadj.) Rs0.206.00 3.3%  
Dividend yield (eoy) %0.31.1 26.1%  
Book value per share (Unadj.) Rs68.599.2 69.0%  
Shares outstanding (eoy) m112.20110.72 101.3%   
Bonus/Rights/Conversions ---  
Price / Sales ratio x0.63.7 16.9%   
Avg P/E ratio x11.035.3 31.1%  
P/CF ratio (eoy) x6.527.8 23.4%  
Price / Book Value ratio x1.05.4 18.5%  
Dividend payout %3.239.4 8.1%   
Avg Mkt Cap Rs m7,69759,556 12.9%   
No. of employees `0000.82.0 40.3%   
Total wages/salary Rs m1,3891,926 72.1%   
Avg. sales/employee Rs Th15,522.08,170.0 190.0%   
Avg. wages/employee Rs Th1,762.3984.6 179.0%   
Avg. net profit/employee Rs Th889.7862.6 103.1%   
INCOME DATA
Net Sales Rs m12,23115,981 76.5%  
Other income Rs m673354 190.3%   
Total revenues Rs m12,90416,334 79.0%   
Gross profit Rs m1,3802,718 50.8%  
Depreciation Rs m479452 105.9%   
Interest Rs m73015 4,864.7%   
Profit before tax Rs m8442,604 32.4%   
Minority Interest Rs m390-   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m00-   
Tax Rs m182917 19.8%   
Profit after tax Rs m7011,687 41.6%  
Gross profit margin %11.317.0 66.3%  
Effective tax rate %21.535.2 61.1%   
Net profit margin %5.710.6 54.3%  
BALANCE SHEET DATA
Current assets Rs m12,6238,591 146.9%   
Current liabilities Rs m10,2022,887 353.3%   
Net working cap to sales %19.835.7 55.5%  
Current ratio x1.23.0 41.6%  
Inventory Days Days9575 126.9%  
Debtors Days Days17747 376.7%  
Net fixed assets Rs m8,0433,880 207.3%   
Share capital Rs m224554 40.5%   
"Free" reserves Rs m7,45610,426 71.5%   
Net worth Rs m7,68110,979 70.0%   
Long term debt Rs m2,4390-   
Total assets Rs m21,69514,493 149.7%  
Interest coverage x2.2174.6 1.2%   
Debt to equity ratio x0.30-  
Sales to assets ratio x0.61.1 51.1%   
Return on assets %6.611.7 56.2%  
Return on equity %9.115.4 59.4%  
Return on capital %15.923.9 66.8%  
Exports to sales %00-   
Imports to sales %00-   
Exports (fob) Rs mNANA-   
Imports (cif) Rs mNANA-   
Fx inflow Rs m5342,927 18.3%   
Fx outflow Rs m2945,157 5.7%   
Net fx Rs m241-2,230 -10.8%   
CASH FLOW
From Operations Rs m873845 103.3%  
From Investments Rs m397-538 -73.7%  
From Financial Activity Rs m-1,178-682 172.6%  
Net Cashflow Rs m92-384 -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 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

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)

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GRINDWELL NORTON Announces Quarterly Results (1QFY20); Net Profit Down 1.6% (Quarterly Result Update)

Jul 29, 2019 | Updated on Jul 29, 2019

For 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, 2019

For 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, 2019

For 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, 2019

For 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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