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Compare GRINDWELL NORTON with Elecon Engineering - Equitymaster
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GRINDWELL NORTON vs ELECON ENGINEERING - 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

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.

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Current Valuations

    GRINDWELL NORTON ELECON ENGINEERING GRINDWELL NORTON/
ELECON ENGINEERING
 
P/E (TTM) x 43.7 64.3 68.0% View Chart
P/BV x 6.3 1.6 401.7% View Chart
Dividend Yield % 0.8 1.4 57.6%  

Financials

 GRINDWELL NORTON   ELECON ENGINEERING
EQUITY SHARE DATA
    GRINDWELL NORTON
Mar-17
ELECON ENGINEERING
Mar-16
GRINDWELL NORTON/
ELECON ENGINEERING
5-Yr Chart
Click to enlarge
High Rs74997 771.6%   
Low Rs30943 723.0%   
Sales per share (Unadj.) Rs114.1118.0 96.7%  
Earnings per share (Unadj.) Rs10.93.5 311.2%  
Cash flow per share (Unadj.) Rs14.79.6 153.8%  
Dividends per share (Unadj.) Rs4.001.10 363.6%  
Dividend yield (eoy) %0.81.6 48.1%  
Book value per share (Unadj.) Rs80.751.4 157.1%  
Shares outstanding (eoy) m110.72108.94 101.6%   
Bonus/Rights/Conversions B--  
Price / Sales ratio x4.60.6 782.5%   
Avg P/E ratio x48.419.9 243.2%  
P/CF ratio (eoy) x35.97.3 492.0%  
Price / Book Value ratio x6.61.4 481.8%  
Dividend payout %36.631.4 116.8%   
Avg Mkt Cap Rs m58,5277,609 769.1%   
No. of employees `0001.90.7 266.6%   
Total wages/salary Rs m1,7021,496 113.8%   
Avg. sales/employee Rs Th6,829.018,520.9 36.9%   
Avg. wages/employee Rs Th920.12,155.3 42.7%   
Avg. net profit/employee Rs Th653.5550.7 118.7%   
INCOME DATA
Net Sales Rs m12,63412,854 98.3%  
Other income Rs m309362 85.3%   
Total revenues Rs m12,94213,215 97.9%   
Gross profit Rs m1,9311,500 128.7%  
Depreciation Rs m423661 63.9%   
Interest Rs m20747 2.7%   
Profit before tax Rs m1,797453 396.8%   
Minority Interest Rs m059 0.0%   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m00-   
Tax Rs m588130 454.3%   
Profit after tax Rs m1,209382 316.3%  
Gross profit margin %15.311.7 131.0%  
Effective tax rate %32.728.6 114.5%   
Net profit margin %9.63.0 321.8%  
BALANCE SHEET DATA
Current assets Rs m6,74814,459 46.7%   
Current liabilities Rs m2,61511,061 23.6%   
Net working cap to sales %32.726.4 123.7%  
Current ratio x2.61.3 197.4%  
Inventory Days Days71104 68.3%  
Debtors Days Days37255 14.4%  
Net fixed assets Rs m3,7434,316 86.7%   
Share capital Rs m554218 254.1%   
"Free" reserves Rs m8,3775,377 155.8%   
Net worth Rs m8,9305,594 159.6%   
Long term debt Rs m191,814 1.1%   
Total assets Rs m12,09920,313 59.6%  
Interest coverage x90.41.6 5,629.5%   
Debt to equity ratio x00.3 0.7%  
Sales to assets ratio x1.00.6 165.0%   
Return on assets %10.25.6 182.7%  
Return on equity %13.56.8 198.1%  
Return on capital %20.317.0 119.5%  
Exports to sales %04.2 0.0%   
Imports to sales %02.7 0.0%   
Exports (fob) Rs mNA535 0.0%   
Imports (cif) Rs mNA346 0.0%   
Fx inflow Rs m1,953535 365.4%   
Fx outflow Rs m3,866411 941.1%   
Net fx Rs m-1,913124 -1,547.2%   
CASH FLOW
From Operations Rs m1,611276 583.4%  
From Investments Rs m-3289 -3,646.7%  
From Financial Activity Rs m25-244 -10.2%  
Net Cashflow Rs m041 0.0%  

Share Holding

Indian Promoters % 7.7 58.1 13.3%  
Foreign collaborators % 51.3 0.0 -  
Indian inst/Mut Fund % 10.1 7.7 131.4%  
FIIs % 3.0 0.3 1,000.0%  
ADR/GDR % 0.0 0.0 -  
Free float % 27.9 33.9 82.3%  
Shareholders   12,133 52,128 23.3%  
Pledged promoter(s) holding % 0.0 10.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare GRINDWELL NORTON With:   KALPATARU POWER  BATLIBOI LTD  KENNAMETAL INDIA  JAYASWAL NECO  SADBHAV ENGINEERING  

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



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