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
Alstom Projects India (APIL), established in 1992 is the Indian arm of the Francebased multinational company, Alstom. In India, Alstom has full capabilities in engineering, manufacturing, project management and supply of power generation
GRINDWELL NORTON | GE POWER INDIA | GRINDWELL NORTON/ GE POWER INDIA |
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P/E (TTM) | x | 58.2 | 18.0 | 323.6% | View Chart |
P/BV | x | 9.0 | 2.0 | 452.3% | View Chart |
Dividend Yield | % | 0.7 | 2.3 | 29.2% |
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EQUITY SHARE DATA | |||||
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GRINDWELL NORTON Mar-19 |
GE POWER INDIA Mar-19 |
GRINDWELL NORTON/ GE POWER INDIA |
5-Yr Chart Click to enlarge
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High | Rs | 594 | 974 | 61.0% | |
Low | Rs | 482 | 709 | 68.0% | |
Sales per share (Unadj.) | Rs | 144.3 | 283.0 | 51.0% | |
Earnings per share (Unadj.) | Rs | 15.2 | 11.2 | 135.9% | |
Cash flow per share (Unadj.) | Rs | 19.3 | 15.9 | 121.6% | |
Dividends per share (Unadj.) | Rs | 6.00 | 6.00 | 100.0% | |
Dividend yield (eoy) | % | 1.1 | 0.7 | 156.4% | |
Book value per share (Unadj.) | Rs | 99.2 | 131.2 | 75.6% | |
Shares outstanding (eoy) | m | 110.72 | 67.23 | 164.7% | |
Bonus/Rights/Conversions | - | - | - | ||
Price / Sales ratio | x | 3.7 | 3.0 | 125.4% | |
Avg P/E ratio | x | 35.3 | 75.0 | 47.0% | |
P/CF ratio (eoy) | x | 27.8 | 53.0 | 52.6% | |
Price / Book Value ratio | x | 5.4 | 6.4 | 84.6% | |
Dividend payout | % | 39.4 | 53.5 | 73.6% | |
Avg Mkt Cap | Rs m | 59,556 | 56,571 | 105.3% | |
No. of employees | `000 | 2.0 | 1.7 | 115.3% | |
Total wages/salary | Rs m | 1,926 | 3,419 | 56.3% | |
Avg. sales/employee | Rs Th | 8,170.0 | 11,212.8 | 72.9% | |
Avg. wages/employee | Rs Th | 984.6 | 2,014.5 | 48.9% | |
Avg. net profit/employee | Rs Th | 862.6 | 444.3 | 194.1% |
INCOME DATA | |||||
---|---|---|---|---|---|
Net Sales | Rs m | 15,981 | 19,028 | 84.0% | |
Other income | Rs m | 354 | 1,324 | 26.7% | |
Total revenues | Rs m | 16,334 | 20,352 | 80.3% | |
Gross profit | Rs m | 2,718 | 1,787 | 152.1% | |
Depreciation | Rs m | 452 | 314 | 144.0% | |
Interest | Rs m | 15 | 411 | 3.6% | |
Profit before tax | Rs m | 2,604 | 2,385 | 109.2% | |
Minority Interest | Rs m | 0 | 0 | - | |
Prior Period Items | Rs m | 0 | 0 | - | |
Extraordinary Inc (Exp) | Rs m | 0 | -923 | 0.0% | |
Tax | Rs m | 917 | 708 | 129.5% | |
Profit after tax | Rs m | 1,687 | 754 | 223.8% | |
Gross profit margin | % | 17.0 | 9.4 | 181.1% | |
Effective tax rate | % | 35.2 | 29.7 | 118.6% | |
Net profit margin | % | 10.6 | 4.0 | 266.4% |
BALANCE SHEET DATA | |||||
---|---|---|---|---|---|
Current assets | Rs m | 8,591 | 30,966 | 27.7% | |
Current liabilities | Rs m | 2,887 | 25,907 | 11.1% | |
Net working cap to sales | % | 35.7 | 26.6 | 134.3% | |
Current ratio | x | 3.0 | 1.2 | 249.0% | |
Inventory Days | Days | 75 | 35 | 216.9% | |
Debtors Days | Days | 47 | 188 | 25.0% | |
Net fixed assets | Rs m | 3,880 | 1,627 | 238.5% | |
Share capital | Rs m | 554 | 672 | 82.3% | |
"Free" reserves | Rs m | 10,426 | 8,147 | 128.0% | |
Net worth | Rs m | 10,979 | 8,819 | 124.5% | |
Long term debt | Rs m | 0 | 0 | - | |
Total assets | Rs m | 14,493 | 35,592 | 40.7% | |
Interest coverage | x | 174.6 | 6.8 | 2,568.4% | |
Debt to equity ratio | x | 0 | 0 | - | |
Sales to assets ratio | x | 1.1 | 0.5 | 206.3% | |
Return on assets | % | 11.7 | 3.3 | 358.7% | |
Return on equity | % | 15.4 | 8.5 | 179.7% | |
Return on capital | % | 23.9 | 21.2 | 112.3% | |
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 | 2,927 | 5,770 | 50.7% | |
Fx outflow | Rs m | 5,157 | 4,451 | 115.9% | |
Net fx | Rs m | -2,230 | 1,319 | -169.1% |
CASH FLOW | |||||
---|---|---|---|---|---|
From Operations | Rs m | 845 | -2,410 | -35.1% | |
From Investments | Rs m | -538 | 2,229 | -24.1% | |
From Financial Activity | Rs m | -682 | -394 | 173.2% | |
Net Cashflow | Rs m | -384 | -575 | 66.8% |
Indian Promoters | % | 7.7 | 0.0 | - | |
Foreign collaborators | % | 51.3 | 68.6 | 74.8% | |
Indian inst/Mut Fund | % | 10.1 | 14.8 | 68.4% | |
FIIs | % | 3.0 | 1.2 | 250.0% | |
ADR/GDR | % | 0.0 | 0.0 | - | |
Free float | % | 27.9 | 15.5 | 180.0% | |
Shareholders | 12,133 | 47,548 | 25.5% | ||
Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare GRINDWELL NORTON With: BHARAT ELECTRONICS MAN INDUSTRIES JINDAL SAW JOHNSON CONTROLS - HITACHI AC ADOR WELDING
Compare GRINDWELL NORTON With: DONGFANG ELEC. (China) ANSALDO STS (Italy) SHANGHAI ELEC. (China) ABB (Switz.)
Indian share markets witnessed most of the buying interest during closing hours today and ended on a strong note.
For 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.
For 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.
Should you bet on this public sector defence shipbuilder?
For 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.
For the quarter ended September 2019, GRINDWELL NORTON has posted a net profit of Rs 523 m (up 28.5% YoY). Sales on the other hand came in at Rs 4 bn (down 5.9% YoY). Read on for a complete analysis of GRINDWELL NORTON's quarterly results.
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