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 GRINDWELL NORTON with Elecon Engineering - Equitymaster
  • MyStocks

MEMBER'S LOGINX

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

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.

DO YOU LIKE THESE REPORTS? TELL US!

Current Valuations

    GRINDWELL NORTON ELECON ENGINEERING GRINDWELL NORTON/
ELECON ENGINEERING
 
P/E (TTM) x 17.9 40.1 44.8% View Chart
P/BV x 3.2 1.0 332.6% View Chart
Dividend Yield % 1.6 2.2 75.0%  

Financials

 GRINDWELL NORTON   ELECON ENGINEERING
EQUITY SHARE DATA
    GRINDWELL NORTON
Mar-16
ELECON ENGINEERING
Mar-16
GRINDWELL NORTON/
ELECON ENGINEERING
5-Yr Chart
Click to enlarge
High Rs81497 838.7%   
Low Rs59543 1,394.4%   
Sales per share (Unadj.) Rs213.6118.0 181.1%  
Earnings per share (Unadj.) Rs18.93.5 538.6%  
Cash flow per share (Unadj.) Rs26.59.6 276.3%  
Dividends per share (Unadj.) Rs6.501.10 590.9%  
Dividend yield (eoy) %0.91.6 58.6%  
Book value per share (Unadj.) Rs121.751.4 237.0%  
Shares outstanding (eoy) m55.36108.94 50.8%   
Bonus/Rights/Conversions ---  
Price / Sales ratio x3.30.6 557.0%   
Avg P/E ratio x37.319.9 187.2%  
P/CF ratio (eoy) x26.67.3 365.0%  
Price / Book Value ratio x5.81.4 425.5%  
Dividend payout %34.431.4 109.7%   
Avg Mkt Cap Rs m38,9987,609 512.5%   
No. of employees `0001.80.7 258.4%   
Total wages/salary Rs m1,5261,496 102.0%   
Avg. sales/employee Rs Th6,596.318,520.9 35.6%   
Avg. wages/employee Rs Th851.12,155.3 39.5%   
Avg. net profit/employee Rs Th583.4550.7 105.9%   
INCOME DATA
Net Sales Rs m11,82712,854 92.0%  
Other income Rs m208362 57.6%   
Total revenues Rs m12,03513,215 91.1%   
Gross profit Rs m1,8201,500 121.3%  
Depreciation Rs m419661 63.4%   
Interest Rs m24747 3.2%   
Profit before tax Rs m1,586453 350.1%   
Minority Interest Rs m-1259 -19.6%   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m00-   
Tax Rs m528130 407.7%   
Profit after tax Rs m1,046382 273.7%  
Gross profit margin %15.411.7 131.9%  
Effective tax rate %33.328.6 116.5%   
Net profit margin %8.83.0 297.5%  
BALANCE SHEET DATA
Current assets Rs m5,72314,459 39.6%   
Current liabilities Rs m2,72911,061 24.7%   
Net working cap to sales %25.326.4 95.8%  
Current ratio x2.11.3 160.4%  
Inventory Days Days76104 73.0%  
Debtors Days Days46255 18.2%  
Net fixed assets Rs m3,5814,316 83.0%   
Share capital Rs m277218 127.0%   
"Free" reserves Rs m6,4615,377 120.2%   
Net worth Rs m6,7385,594 120.4%   
Long term debt Rs m281,814 1.5%   
Total assets Rs m9,95020,313 49.0%  
Interest coverage x67.91.6 4,228.0%   
Debt to equity ratio x00.3 1.3%  
Sales to assets ratio x1.20.6 187.9%   
Return on assets %10.85.6 193.4%  
Return on equity %15.56.8 227.3%  
Return on capital %23.617.0 139.0%  
Exports to sales %11.14.2 265.8%   
Imports to sales %28.42.7 1,055.3%   
Exports (fob) Rs m1,307535 244.6%   
Imports (cif) Rs m3,356346 971.1%   
Fx inflow Rs m1,852535 346.5%   
Fx outflow Rs m3,555411 865.4%   
Net fx Rs m-1,703124 -1,377.4%   
CASH FLOW
From Operations Rs m1,358276 492.0%  
From Investments Rs m-3679 -4,080.0%  
From Financial Activity Rs m-978-244 400.8%  
Net Cashflow Rs m1341 32.4%  

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:   FAIRFILED ATLAS   INDO TECH TRANS.  FINOLEX CABLES  KALPATARU POWER  KEC INTERNATIONAL  

Compare GRINDWELL NORTON 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

GRINDWELL NORTON SHARE PRICE


Aug 18, 2017 (Close)

TRACK GRINDWELL NORTON

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

MORE ON GRINDWELL NORTON

GRINDWELL NORTON 5-YR ANALYSIS

COMPARE GRINDWELL NORTON WITH

MARKET STATS