X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2017 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
Compare Finolex Cables with GRINDWELL NORTON - Equitymaster
  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

FINOLEX CABLES vs GRINDWELL NORTON - Comparison Results

FINOLEX CABLES    Change

Finolex Cables was established in 1958 in Pune. The company manufactures electrical and telecommunication cables and has manufacturing facilities at Pimpri, Goa and Uttarakhand. It initially started its operations with manufacturing of PVC insulated ... 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

DO YOU LIKE THESE REPORTS? TELL US!

Current Valuations

    FINOLEX CABLES GRINDWELL NORTON FINOLEX CABLES/
GRINDWELL NORTON
 
P/E (TTM) x 24.8 17.9 138.4% View Chart
P/BV x 4.9 3.2 151.8% View Chart
Dividend Yield % 0.5 1.6 28.9%  

Financials

 FINOLEX CABLES   GRINDWELL NORTON
EQUITY SHARE DATA
    FINOLEX CABLES
Mar-16
GRINDWELL NORTON
Mar-16
FINOLEX CABLES/
GRINDWELL NORTON
5-Yr Chart
Click to enlarge
High Rs305814 37.5%   
Low Rs201595 33.8%   
Sales per share (Unadj.) Rs166.3213.6 77.8%  
Earnings per share (Unadj.) Rs21.718.9 115.0%  
Cash flow per share (Unadj.) Rs25.826.5 97.3%  
Dividends per share (Unadj.) Rs2.506.50 38.5%  
Dividend yield (eoy) %1.00.9 107.1%  
Book value per share (Unadj.) Rs106.8121.7 87.7%  
Shares outstanding (eoy) m152.9455.36 276.3%   
Bonus/Rights/Conversions ---  
Price / Sales ratio x1.53.3 46.1%   
Avg P/E ratio x11.637.3 31.2%  
P/CF ratio (eoy) x9.826.6 36.9%  
Price / Book Value ratio x2.45.8 40.9%  
Dividend payout %11.534.4 33.4%   
Avg Mkt Cap Rs m38,69438,998 99.2%   
No. of employees `0001.71.8 94.5%   
Total wages/salary Rs m1,0931,526 71.6%   
Avg. sales/employee Rs Th15,012.36,596.3 227.6%   
Avg. wages/employee Rs Th645.4851.1 75.8%   
Avg. net profit/employee Rs Th1,962.5583.4 336.4%   
INCOME DATA
Net Sales Rs m25,43111,827 215.0%  
Other income Rs m647208 310.8%   
Total revenues Rs m26,07812,035 216.7%   
Gross profit Rs m3,5261,820 193.7%  
Depreciation Rs m614419 146.4%   
Interest Rs m13324 561.2%   
Profit before tax Rs m3,4261,586 216.1%   
Minority Interest Rs m0-12 0.0%   
Prior Period Items Rs m7740-   
Extraordinary Inc (Exp) Rs m00-   
Tax Rs m875528 165.8%   
Profit after tax Rs m3,3251,046 317.8%  
Gross profit margin %13.915.4 90.1%  
Effective tax rate %25.533.3 76.7%   
Net profit margin %13.18.8 147.8%  
BALANCE SHEET DATA
Current assets Rs m12,0185,723 210.0%   
Current liabilities Rs m3,5682,729 130.7%   
Net working cap to sales %33.225.3 131.3%  
Current ratio x3.42.1 160.7%  
Inventory Days Days4976 64.4%  
Debtors Days Days2446 51.2%  
Net fixed assets Rs m5,1223,581 143.0%   
Share capital Rs m306277 110.5%   
"Free" reserves Rs m15,6366,461 242.0%   
Net worth Rs m16,3326,738 242.4%   
Long term debt Rs m53528 1,925.5%   
Total assets Rs m20,7179,950 208.2%  
Interest coverage x26.867.9 39.4%   
Debt to equity ratio x00 794.4%  
Sales to assets ratio x1.21.2 103.3%   
Return on assets %16.710.8 155.2%  
Return on equity %20.415.5 131.1%  
Return on capital %25.723.6 108.8%  
Exports to sales %1.611.1 14.8%   
Imports to sales %6.928.4 24.3%   
Exports (fob) Rs m4171,307 31.9%   
Imports (cif) Rs m1,7563,356 52.3%   
Fx inflow Rs m4171,852 22.5%   
Fx outflow Rs m1,7743,555 49.9%   
Net fx Rs m-1,357-1,703 79.7%   
CASH FLOW
From Operations Rs m3,9081,358 287.7%  
From Investments Rs m-2,632-367 716.7%  
From Financial Activity Rs m-1,297-978 132.6%  
Net Cashflow Rs m-2013 -151.9%  

Share Holding

Indian Promoters % 35.9 7.7 466.2%  
Foreign collaborators % 0.0 51.3 -  
Indian inst/Mut Fund % 11.7 10.1 115.6%  
FIIs % 8.7 3.0 290.0%  
ADR/GDR % 4.0 0.0 -  
Free float % 39.8 27.9 142.7%  
Shareholders   37,614 12,133 310.0%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare FINOLEX CABLES With:   JAIN IRRIGATION  VA TECH WABAG  INDO TECH TRANS.  L&T  ATLANTA LTD  

Compare FINOLEX CABLES With:   ANSALDO STS (Italy)  SHANGHAI ELEC. (China)  DONGFANG ELEC. (China)  ABB (Switz.)  



Today's Market

Global Markets Remain Volatile Ahead of US Growth Concerns(RoundUp)

Benchmark indices in US corrected marginally by 0.8% during the week. Minutes of Federal Reserve's July meeting are out and the situation looks to be in favor of the emerging markets.

Related Views on News

BHEL: Margins Dip into the Negative (Quarterly Results Update - Detailed)

Aug 14, 2017

The company also saw order inflows of Rs 18 billion during the quarter, which was a massive 41% YoY lower than the previous year's quarter.

Cummins Ltd: Domestic Revenues the Saving Grace (Quarterly Results Update - Detailed)

Aug 14, 2017

The domestic economy continues to grow largely in areas which are positively impacted through continuing government investments in infrastructure.

ABB: Large Orders Remain Muted (Quarterly Results Update - Detailed)

Aug 2, 2017

Decisions on government initiatives and private investments were stalled in anticipation of upcoming tax restructure.

L&T: Amidst a Challenging Business Environment (Quarterly Results Update - Detailed)

Aug 1, 2017

Bank credit to industry remained muted and investment momentum was driven mostly by public sector spending.

L&T: Private Sector Capex Remains in a Tizzy (Quarterly Results Update - Detailed)

Jul 24, 2017

Vast majority of private players remain more concerned with debt payback rather than starting new projects.

More Views on News

Most Popular

Demonetisation Barely Made Any Difference to Tax Collections(Vivek Kaul's Diary)

Aug 7, 2017

The data tells us quite a different story from the one the government is trying to project.

A 'Backdoor' to Multibaggers: It's Like Investing in Asian Paints Ten Years Ago(The 5 Minute Wrapup)

Aug 10, 2017

Don't miss these proxy bets on growing companies or in a few years you will be looking back with regret.

Should You Invest In Bharat-22 ETF? Know Here...(Outside View)

Aug 8, 2017

Bharat-22 is one of the most diverse ETFs offered so far by the Government. Know here if you should invest...

Signs of Life in the India VIX(Daily Profit Hunter)

Aug 12, 2017

The India VIX is up 36% in the last week. Fear has gone up but is still low by historical standards.

7 Financial Gifts For Your Sister This Raksha Bandhan(Outside View)

Aug 7, 2017

Raksha Bandhan signifies the brother-sister bond. Here are 7 thoughtful financial gifts for sisters...

More

Become A Smarter Investor In
Just 5 Minutes

Multibagger Stocks Guide 2017
Get our special report, Multibagger Stocks Guide (2017 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

FINOLEX CABLES SHARE PRICE


Aug 18, 2017 (Close)

TRACK FINOLEX CABLES

  • Track your investment in FINOLEX CABLES with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

MORE ON FINOLEX CABLES

FINOLEX CABLES - SHANTHI GEARS COMPARISON

COMPARE FINOLEX CABLES WITH

MARKET STATS