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Compare GRINDWELL NORTON with ECE INDUSTRIES - Equitymaster
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GRINDWELL NORTON vs ECE INDUSTRIES - 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

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Current Valuations

    GRINDWELL NORTON ECE INDUSTRIES GRINDWELL NORTON/
ECE INDUSTRIES
 
P/E (TTM) x 17.9 81.1 22.1% View Chart
P/BV x 3.2 0.9 372.9% View Chart
Dividend Yield % 1.7 0.1 2,311.7%  

Financials

 GRINDWELL NORTON   ECE INDUSTRIES
EQUITY SHARE DATA
    GRINDWELL NORTON
Mar-16
ECE INDUSTRIES
Mar-15
GRINDWELL NORTON/
ECE INDUSTRIES
5-Yr Chart
Click to enlarge
High Rs814129 630.6%   
Low Rs59597 612.6%   
Sales per share (Unadj.) Rs213.6231.4 92.3%  
Earnings per share (Unadj.) Rs18.91.3 1,475.4%  
Cash flow per share (Unadj.) Rs26.54.7 562.1%  
Dividends per share (Unadj.) Rs6.500.10 6,500.0%  
Dividend yield (eoy) %0.90.1 1,043.6%  
Book value per share (Unadj.) Rs121.7183.3 66.4%  
Shares outstanding (eoy) m55.367.73 716.2%   
Bonus/Rights/Conversions ---  
Price / Sales ratio x3.30.5 674.5%   
Avg P/E ratio x37.388.3 42.2%  
P/CF ratio (eoy) x26.624.0 110.8%  
Price / Book Value ratio x5.80.6 938.2%  
Dividend payout %34.47.8 440.5%   
Avg Mkt Cap Rs m38,998874 4,460.7%   
No. of employees `0001.80.5 345.5%   
Total wages/salary Rs m1,526174 875.1%   
Avg. sales/employee Rs Th6,596.33,445.9 191.4%   
Avg. wages/employee Rs Th851.1336.0 253.3%   
Avg. net profit/employee Rs Th583.419.1 3,058.6%   
INCOME DATA
Net Sales Rs m11,8271,788 661.3%  
Other income Rs m208103 201.8%   
Total revenues Rs m12,0351,892 636.3%   
Gross profit Rs m1,820-50 -3,618.9%  
Depreciation Rs m41927 1,582.3%   
Interest Rs m2422 109.7%   
Profit before tax Rs m1,5865 33,033.3%   
Minority Interest Rs m-120-   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m00-   
Tax Rs m528-5 -10,352.9%   
Profit after tax Rs m1,04610 10,566.7%  
Gross profit margin %15.4-2.8 -547.2%  
Effective tax rate %33.3-106.3 -31.3%   
Net profit margin %8.80.6 1,597.8%  
BALANCE SHEET DATA
Current assets Rs m5,7231,038 551.6%   
Current liabilities Rs m2,729774 352.6%   
Net working cap to sales %25.314.7 171.8%  
Current ratio x2.11.3 156.4%  
Inventory Days Days7659 127.5%  
Debtors Days Days46108 42.8%  
Net fixed assets Rs m3,581218 1,639.0%   
Share capital Rs m27777 358.1%   
"Free" reserves Rs m6,4611,316 491.0%   
Net worth Rs m6,7381,417 475.5%   
Long term debt Rs m280-   
Total assets Rs m9,9502,226 447.0%  
Interest coverage x67.91.2 5,555.7%   
Debt to equity ratio x00-  
Sales to assets ratio x1.20.8 148.0%   
Return on assets %10.81.4 759.8%  
Return on equity %15.50.7 2,222.4%  
Return on capital %23.61.9 1,267.7%  
Exports to sales %11.10-   
Imports to sales %28.41.0 2,852.6%   
Exports (fob) Rs m1,307NA-   
Imports (cif) Rs m3,35618 18,864.9%   
Fx inflow Rs m1,8520-   
Fx outflow Rs m3,55520 17,992.7%   
Net fx Rs m-1,703-20 8,620.5%   
CASH FLOW
From Operations Rs m1,35865 2,089.8%  
From Investments Rs m-367-28 1,320.9%  
From Financial Activity Rs m-978-21 4,679.4%  
Net Cashflow Rs m1316 81.6%  

Share Holding

Indian Promoters % 7.7 58.2 13.2%  
Foreign collaborators % 51.3 0.0 -  
Indian inst/Mut Fund % 10.1 4.5 224.9%  
FIIs % 3.0 2.7 111.1%  
ADR/GDR % 0.0 0.0 -  
Free float % 27.9 34.6 80.6%  
Shareholders   12,133 4,744 255.8%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare GRINDWELL NORTON With:   BHARAT ELECTRONICS  MAN IND.(I)  V GUARD IND.  JOHNSON CONTROLS - HITACHI AC INDIA  BHAGYANAGAR IND  

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



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Aug 17, 2017 (Close)

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