Compare GRINDWELL NORTON with Elgi Equipments - Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

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

GRINDWELL NORTON vs ELGI EQUIPMENTS - 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

ELGI EQUIPMENTS 
   Change

Elgi Equipments is Asia largest manufacturer of air compressors and automobile service station equipment. Based in Coimbatore, the company derives nearly 20% of its revenues from exports to over 50 countries worldwide. In FY08, while the compressor s... More

DO YOU LIKE THESE REPORTS? TELL US!

Current Valuations

    GRINDWELL NORTON ELGI EQUIPMENTS GRINDWELL NORTON/
ELGI EQUIPMENTS
 
P/E (TTM) x 59.5 75.0 79.4% View Chart
P/BV x 9.2 4.0 228.2% View Chart
Dividend Yield % 0.7 0.7 99.2%  

Financials

 GRINDWELL NORTON   ELGI EQUIPMENTS
EQUITY SHARE DATA
    GRINDWELL NORTON
Mar-19
ELGI EQUIPMENTS
Mar-19
GRINDWELL NORTON/
ELGI EQUIPMENTS
5-Yr Chart
Click to enlarge
High Rs594315 188.5%   
Low Rs482219 220.5%   
Sales per share (Unadj.) Rs144.3117.6 122.7%  
Earnings per share (Unadj.) Rs15.26.5 234.3%  
Cash flow per share (Unadj.) Rs19.39.7 198.6%  
Dividends per share (Unadj.) Rs6.001.30 461.5%  
Dividend yield (eoy) %1.10.5 228.9%  
Book value per share (Unadj.) Rs99.248.7 203.8%  
Shares outstanding (eoy) m110.72158.45 69.9%   
Bonus/Rights/Conversions ---  
Price / Sales ratio x3.72.3 164.3%   
Avg P/E ratio x35.341.0 86.1%  
P/CF ratio (eoy) x27.827.4 101.5%  
Price / Book Value ratio x5.45.5 98.9%  
Dividend payout %39.420.0 197.0%   
Avg Mkt Cap Rs m59,55642,267 140.9%   
No. of employees `0002.02.2 89.1%   
Total wages/salary Rs m1,9263,408 56.5%   
Avg. sales/employee Rs Th8,170.08,489.6 96.2%   
Avg. wages/employee Rs Th984.61,552.8 63.4%   
Avg. net profit/employee Rs Th862.6469.6 183.7%   
INCOME DATA
Net Sales Rs m15,98118,635 85.8%  
Other income Rs m35497 366.0%   
Total revenues Rs m16,33418,731 87.2%   
Gross profit Rs m2,7181,918 141.7%  
Depreciation Rs m452511 88.5%   
Interest Rs m1590 16.7%   
Profit before tax Rs m2,6041,413 184.3%   
Minority Interest Rs m022 0.0%   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m00-   
Tax Rs m917404 226.8%   
Profit after tax Rs m1,6871,031 163.7%  
Gross profit margin %17.010.3 165.3%  
Effective tax rate %35.228.6 123.1%   
Net profit margin %10.65.5 190.9%  
BALANCE SHEET DATA
Current assets Rs m8,5918,244 104.2%   
Current liabilities Rs m2,8875,209 55.4%   
Net working cap to sales %35.716.3 219.2%  
Current ratio x3.01.6 188.0%  
Inventory Days Days7555 137.5%  
Debtors Days Days4772 65.3%  
Net fixed assets Rs m3,8805,168 75.1%   
Share capital Rs m554159 349.3%   
"Free" reserves Rs m10,4267,551 138.1%   
Net worth Rs m10,9797,709 142.4%   
Long term debt Rs m0764 0.0%   
Total assets Rs m14,49313,855 104.6%  
Interest coverage x174.616.7 1,044.4%   
Debt to equity ratio x00.1 0.0%  
Sales to assets ratio x1.11.3 82.0%   
Return on assets %11.78.1 145.2%  
Return on equity %15.413.4 114.9%  
Return on capital %23.918.0 132.5%  
Exports to sales %00-   
Imports to sales %00-   
Exports (fob) Rs mNANA-   
Imports (cif) Rs mNANA-   
Fx inflow Rs m2,9270-   
Fx outflow Rs m5,1570-   
Net fx Rs m-2,2300-   
CASH FLOW
From Operations Rs m8451,719 49.2%  
From Investments Rs m-538-1,069 50.3%  
From Financial Activity Rs m-682-601 113.6%  
Net Cashflow Rs m-38449 -788.5%  

Share Holding

Indian Promoters % 7.7 31.9 24.1%  
Foreign collaborators % 51.3 0.0 -  
Indian inst/Mut Fund % 10.1 11.5 88.0%  
FIIs % 3.0 14.0 21.4%  
ADR/GDR % 0.0 0.0 -  
Free float % 27.9 42.7 65.3%  
Shareholders   12,133 20,376 59.5%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare GRINDWELL NORTON With:   BLUE STAR  ADOR WELDING  JINDAL SAW  JOHNSON CONTROLS - HITACHI AC  MAN INDUSTRIES  

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



Today's Market

Sensex Ends Flat; Wipro & Hindalco Industries Among Top Nifty Gainers(Closing)

Indian share markets witnessed volatile trading activity throughout the day today and ended on a flat note.

Related Views on News

DILIP BUILDCON Share Price Up by 6%; BSE CAPITAL GOODS Index Up 0.1% (Market Updates)

Apr 16, 2021 | Updated on Apr 16, 2021

DILIP BUILDCON share price is trading up by 6% and its current market price is Rs 582. The BSE CAPITAL GOODS is up by 0.1%. The top gainers in the BSE CAPITAL GOODS Index are DILIP BUILDCON (up 5.6%) and GRINDWELL NORTON (up 5.0%). The top losers are HAVELLS INDIA and SCHAEFFLER INDIA (down 0.2%).

VARROC ENGINEERING Share Price Up by 6%; BSE CAPITAL GOODS Index Up 0.7% (Market Updates)

Apr 16, 2021 | Updated on Apr 16, 2021

VARROC ENGINEERING share price is trading up by 6% and its current market price is Rs 363. The BSE CAPITAL GOODS is up by 0.7%. The top gainers in the BSE CAPITAL GOODS Index are VARROC ENGINEERING (up 6.3%) and GRINDWELL NORTON (up 5.9%). The top losers are NBCC (INDIA) (down 0.1%) and BHARAT ELECTRONICS (down 0.3%).

Mazagon Dock Shipbuilders IPO: Should You Apply? (IPO)

Sep 29, 2020

Should you bet on this public sector defence shipbuilder?

GRINDWELL NORTON Share Price Up by 5%; BSE CAPITAL GOODS Index Up 0.7% (Market Updates)

Apr 16, 2021 | Updated on Apr 16, 2021

GRINDWELL NORTON share price is trading up by 5% and its current market price is Rs 923. The BSE CAPITAL GOODS is up by 0.7%. The top gainers in the BSE CAPITAL GOODS Index is GRINDWELL NORTON (up 5.0%). The top losers are HAVELLS INDIA and NBCC (INDIA) (down 0.1%).

GRINDWELL NORTON Announces Quarterly Results (1QFY21); Net Profit Down 34.2% (Quarterly Result Update)

Aug 21, 2020 | Updated on Aug 21, 2020

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.

More Views on News

Most Popular

India: Recovery Stalled by Vaccine Games?(The Honest Truth)

Apr 13, 2021

Ajit Dayal on how India's vaccine strategy will impact the markets.

4 Stocks to Make Your Portfolio Immune to the Second Covid Wave(Profit Hunter)

Apr 6, 2021

Rather than predicting the market, successful investing is more about preparing well and placing your bets accordingly.

An India Revival Stock I'm Bullish On...(Profit Hunter)

Apr 9, 2021

This could take India to the position of 3rd largest economy.

Why Did the Market Crash on Monday?(Fast Profits Daily)

Apr 13, 2021

In this video, I'll you what I think is the real reason behind yesterday's market crash.

Why the Market Fell Yesterday(Fast Profits Daily)

Apr 6, 2021

In this video, I'll tell you the two reasons why the market fell on Monday and how you can prepare yourself for such events in the future.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

GRINDWELL NORTON SHARE PRICE


Apr 16, 2021 03:36 PM

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 - GUJ.APOLLO INDUS COMPARISON

COMPARE GRINDWELL NORTON WITH

MARKET STATS