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Compare GRINDWELL NORTON with ADOR WELDING - Equitymaster
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GRINDWELL NORTON vs ADOR WELDING - Comparison Results

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

ADOR WELDING 
   Change

Ador Welding Ltd (AWL) is engaged in providing welding and cutting consumables services. AWL provides a host of services including welding, cutting and allied applications for all kinds of metals and every single industry and application. The company... More

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Current Valuations

    GRINDWELL NORTON ADOR WELDING GRINDWELL NORTON/
ADOR WELDING
 
P/E (TTM) x 18.2 27.9 65.2% View Chart
P/BV x 3.3 2.4 136.7% View Chart
Dividend Yield % 1.6 1.3 124.6%  

Financials

 GRINDWELL NORTON   ADOR WELDING
EQUITY SHARE DATA
    GRINDWELL NORTON
Mar-16
ADOR WELDING
Mar-16
GRINDWELL NORTON/
ADOR WELDING
5-Yr Chart
Click to enlarge
High Rs814364 223.5%   
Low Rs595202 294.8%   
Sales per share (Unadj.) Rs213.6300.5 71.1%  
Earnings per share (Unadj.) Rs18.916.5 114.7%  
Cash flow per share (Unadj.) Rs26.525.2 105.2%  
Dividends per share (Unadj.) Rs6.505.00 130.0%  
Dividend yield (eoy) %0.91.8 52.2%  
Book value per share (Unadj.) Rs121.7159.5 76.3%  
Shares outstanding (eoy) m55.3613.59 407.4%   
Bonus/Rights/Conversions ---  
Price / Sales ratio x3.30.9 350.2%   
Avg P/E ratio x37.317.2 217.0%  
P/CF ratio (eoy) x26.611.3 236.5%  
Price / Book Value ratio x5.81.8 326.2%  
Dividend payout %34.430.3 113.3%   
Avg Mkt Cap Rs m38,9983,846 1,014.0%   
No. of employees `0001.80.6 295.9%   
Total wages/salary Rs m1,526386 395.6%   
Avg. sales/employee Rs Th6,596.36,739.8 97.9%   
Avg. wages/employee Rs Th851.1636.6 133.7%   
Avg. net profit/employee Rs Th583.4369.5 157.9%   
INCOME DATA
Net Sales Rs m11,8274,084 289.6%  
Other income Rs m20853 393.8%   
Total revenues Rs m12,0354,137 290.9%   
Gross profit Rs m1,820409 445.0%  
Depreciation Rs m419118 355.6%   
Interest Rs m249 272.4%   
Profit before tax Rs m1,586335 472.7%   
Minority Interest Rs m-120-   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m0-20 0.0%   
Tax Rs m52892 573.9%   
Profit after tax Rs m1,046224 467.2%  
Gross profit margin %15.410.0 153.7%  
Effective tax rate %33.327.4 121.4%   
Net profit margin %8.85.5 161.3%  
BALANCE SHEET DATA
Current assets Rs m5,7232,092 273.5%   
Current liabilities Rs m2,7291,095 249.3%   
Net working cap to sales %25.324.4 103.7%  
Current ratio x2.11.9 109.7%  
Inventory Days Days7638 197.3%  
Debtors Days Days46107 43.2%  
Net fixed assets Rs m3,5811,014 353.1%   
Share capital Rs m277136 203.5%   
"Free" reserves Rs m6,4612,031 318.1%   
Net worth Rs m6,7382,167 310.9%   
Long term debt Rs m280-   
Total assets Rs m9,9503,352 296.9%  
Interest coverage x67.939.6 171.7%   
Debt to equity ratio x00-  
Sales to assets ratio x1.21.2 97.5%   
Return on assets %10.86.9 154.9%  
Return on equity %15.510.3 150.3%  
Return on capital %23.615.0 157.7%  
Exports to sales %11.19.0 122.9%   
Imports to sales %28.410.3 275.5%   
Exports (fob) Rs m1,307367 355.8%   
Imports (cif) Rs m3,356421 797.9%   
Fx inflow Rs m1,852416 444.9%   
Fx outflow Rs m3,555452 787.2%   
Net fx Rs m-1,703-35 4,818.7%   
CASH FLOW
From Operations Rs m1,358227 598.7%  
From Investments Rs m-367-38 956.3%  
From Financial Activity Rs m-978-94 1,046.0%  
Net Cashflow Rs m1395 14.0%  

Share Holding

Indian Promoters % 7.7 56.3 13.7%  
Foreign collaborators % 51.3 0.4 12,825.0%  
Indian inst/Mut Fund % 10.1 13.5 75.0%  
FIIs % 3.0 0.0 -  
ADR/GDR % 0.0 0.0 -  
Free float % 27.9 29.8 93.6%  
Shareholders   12,133 15,271 79.5%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare GRINDWELL NORTON With:   LAKSHMI MACHINE  BHEL  GREAVES COTTON  TECHNO ELECTRIC  PUNJ LLOYD   

Compare GRINDWELL NORTON With:   ANSALDO STS (Italy)  SHANGHAI ELEC. (China)  DONGFANG ELEC. (China)  ABB (Switz.)  



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Aug 23, 2017 (Close)

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