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Compare GRINDWELL NORTON with JAYASWAL NECO - Equitymaster
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GRINDWELL NORTON vs JAYASWAL NECO - 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

JAYASWAL NECO 
   Change

Jayaswals Neco Ltd (JNL) is an amalgam of three Neco group companies, Nagpur Engineering Company Ltd (Neco), Nagpur Alloy Castings Ltd (NACL) and the erstwhile Jayaswals Neco Ltd (JNL). NACL and the erstwhile JNL were amalgamated into Neco and the co... More

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Current Valuations

    GRINDWELL NORTON JAYASWAL NECO GRINDWELL NORTON/
JAYASWAL NECO
 
P/E (TTM) x 43.8 -1.4 - View Chart
P/BV x 6.3 0.3 2,106.4% View Chart
Dividend Yield % 0.8 0.0 -  

Financials

 GRINDWELL NORTON   JAYASWAL NECO
EQUITY SHARE DATA
    GRINDWELL NORTON
Mar-17
JAYASWAL NECO
Mar-16
GRINDWELL NORTON/
JAYASWAL NECO
5-Yr Chart
Click to enlarge
High Rs74911 6,867.0%   
Low Rs3097 4,677.3%   
Sales per share (Unadj.) Rs114.141.2 276.8%  
Earnings per share (Unadj.) Rs10.9-1.5 -745.0%  
Cash flow per share (Unadj.) Rs14.7-0.2 -7,305.8%  
Dividends per share (Unadj.) Rs4.000-  
Dividend yield (eoy) %0.80-  
Book value per share (Unadj.) Rs80.733.2 242.9%  
Shares outstanding (eoy) m110.72638.63 17.3%   
Bonus/Rights/Conversions B--  
Price / Sales ratio x4.60.2 2,182.5%   
Avg P/E ratio x48.4-6.0 -810.8%  
P/CF ratio (eoy) x35.9-43.4 -82.7%  
Price / Book Value ratio x6.60.3 2,487.3%  
Dividend payout %36.60-   
Avg Mkt Cap Rs m58,5275,588 1,047.4%   
No. of employees `0001.93.6 51.3%   
Total wages/salary Rs m1,7021,319 129.1%   
Avg. sales/employee Rs Th6,829.07,298.6 93.6%   
Avg. wages/employee Rs Th920.1365.6 251.6%   
Avg. net profit/employee Rs Th653.5-259.5 -251.8%   
INCOME DATA
Net Sales Rs m12,63426,326 48.0%  
Other income Rs m309343 89.9%   
Total revenues Rs m12,94226,669 48.5%   
Gross profit Rs m1,9312,284 84.5%  
Depreciation Rs m423807 52.3%   
Interest Rs m202,175 0.9%   
Profit before tax Rs m1,797-354 -507.5%   
Minority Interest Rs m00-   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m0-750 0.0%   
Tax Rs m588-169 -348.9%   
Profit after tax Rs m1,209-936 -129.2%  
Gross profit margin %15.38.7 176.2%  
Effective tax rate %32.747.6 68.7%   
Net profit margin %9.6-3.6 -269.2%  
BALANCE SHEET DATA
Current assets Rs m6,74813,349 50.5%   
Current liabilities Rs m2,61517,437 15.0%   
Net working cap to sales %32.7-15.5 -210.7%  
Current ratio x2.60.8 337.1%  
Inventory Days Days7187 81.2%  
Debtors Days Days3743 84.8%  
Net fixed assets Rs m3,74350,589 7.4%   
Share capital Rs m5546,386 8.7%   
"Free" reserves Rs m8,37714,043 59.6%   
Net worth Rs m8,93021,208 42.1%   
Long term debt Rs m1930,459 0.1%   
Total assets Rs m12,09970,975 17.0%  
Interest coverage x90.40.8 10,799.8%   
Debt to equity ratio x01.4 0.1%  
Sales to assets ratio x1.00.4 281.5%   
Return on assets %10.21.7 582.0%  
Return on equity %13.5-4.4 -306.8%  
Return on capital %20.32.1 980.3%  
Exports to sales %00.2 0.0%   
Imports to sales %02.7 0.0%   
Exports (fob) Rs mNA62 0.0%   
Imports (cif) Rs mNA708 0.0%   
Fx inflow Rs m1,95364 3,065.8%   
Fx outflow Rs m3,866719 538.0%   
Net fx Rs m-1,913-655 292.2%   
CASH FLOW
From Operations Rs m1,6115,208 30.9%  
From Investments Rs m-328-269 122.0%  
From Financial Activity Rs m25-5,064 -0.5%  
Net Cashflow Rs m0-125 0.0%  

Share Holding

Indian Promoters % 7.7 68.8 11.2%  
Foreign collaborators % 51.3 0.0 -  
Indian inst/Mut Fund % 10.1 2.2 460.0%  
FIIs % 3.0 0.0 -  
ADR/GDR % 0.0 0.0 -  
Free float % 27.9 29.0 96.2%  
Shareholders   12,133 41,592 29.2%  
Pledged promoter(s) holding % 0.0 12.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare GRINDWELL NORTON With:   JAIN IRRIGATION  NITIN FIRE PROTEC  INDO TECH TRANS.  L&T  KALPATARU POWER  

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



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