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GRINDWELL NORTON vs L&T - 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

L&T 
   Change

Larsen & Toubro (L&T) is India's largest engineering company with expertise in wide areas like infrastructure, oil and gas, power and process. The company has broadly segregated its business into three key segments Engineering and Construction (E&C),... More

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Current Valuations

    GRINDWELL NORTON L&T GRINDWELL NORTON/
L&T
 
P/E (TTM) x 44.5 25.2 176.8% View Chart
P/BV x 6.4 3.6 178.7% View Chart
Dividend Yield % 0.8 1.6 47.4%  

Financials

 GRINDWELL NORTON   L&T
EQUITY SHARE DATA
    GRINDWELL NORTON
Mar-17
L&T
Mar-17
GRINDWELL NORTON/
L&T
5-Yr Chart
Click to enlarge
High Rs7491,593 47.0%   
Low Rs3091,177 26.2%   
Sales per share (Unadj.) Rs114.11,171.7 9.7%  
Earnings per share (Unadj.) Rs10.969.5 15.7%  
Cash flow per share (Unadj.) Rs14.794.9 15.5%  
Dividends per share (Unadj.) Rs4.0021.00 19.0%  
Dividend yield (eoy) %0.81.5 49.9%  
Book value per share (Unadj.) Rs80.7538.2 15.0%  
Shares outstanding (eoy) m110.72932.97 11.9%   
Bonus/Rights/Conversions BESOP-  
Price / Sales ratio x4.61.2 391.9%   
Avg P/E ratio x48.419.9 243.0%  
P/CF ratio (eoy) x35.914.6 245.9%  
Price / Book Value ratio x6.62.6 254.7%  
Dividend payout %36.630.2 121.3%   
Avg Mkt Cap Rs m58,5271,292,163 4.5%   
No. of employees `0001.941.5 4.5%   
Total wages/salary Rs m1,702138,531 1.2%   
Avg. sales/employee Rs Th6,829.026,361.8 25.9%   
Avg. wages/employee Rs Th920.13,340.8 27.5%   
Avg. net profit/employee Rs Th653.51,564.1 41.8%   
INCOME DATA
Net Sales Rs m12,6341,093,118 1.2%  
Other income Rs m30914,010 2.2%   
Total revenues Rs m12,9421,107,128 1.2%   
Gross profit Rs m1,931116,015 1.7%  
Depreciation Rs m42323,699 1.8%   
Interest Rs m2013,398 0.2%   
Profit before tax Rs m1,79792,927 1.9%   
Minority Interest Rs m0-5,372 0.0%   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m0-1,214 0.0%   
Tax Rs m58821,486 2.7%   
Profit after tax Rs m1,20964,855 1.9%  
Gross profit margin %15.310.6 144.0%  
Effective tax rate %32.723.1 141.6%   
Net profit margin %9.65.9 161.3%  
BALANCE SHEET DATA
Current assets Rs m6,748754,533 0.9%   
Current liabilities Rs m2,615615,990 0.4%   
Net working cap to sales %32.712.7 258.1%  
Current ratio x2.61.2 210.7%  
Inventory Days Days7114 513.3%  
Debtors Days Days3793 39.4%  
Net fixed assets Rs m3,743299,751 1.2%   
Share capital Rs m5541,866 29.7%   
"Free" reserves Rs m8,377500,299 1.7%   
Net worth Rs m8,930502,165 1.8%   
Long term debt Rs m19673,406 0.0%   
Total assets Rs m12,0992,120,597 0.6%  
Interest coverage x90.47.9 1,139.3%   
Debt to equity ratio x01.3 0.2%  
Sales to assets ratio x1.00.5 202.6%   
Return on assets %10.23.7 275.3%  
Return on equity %13.512.9 104.8%  
Return on capital %20.38.5 239.3%  
Exports to sales %00-   
Imports to sales %00-   
Exports (fob) Rs mNANA-   
Imports (cif) Rs mNANA-   
Fx inflow Rs m1,953171,321 1.1%   
Fx outflow Rs m3,866155,884 2.5%   
Net fx Rs m-1,91315,436 -12.4%   
CASH FLOW
From Operations Rs m1,61162,349 2.6%  
From Investments Rs m-328-97,402 0.3%  
From Financial Activity Rs m2535,271 0.1%  
Net Cashflow Rs m0217 0.0%  

Share Holding

Indian Promoters % 7.7 0.0 -  
Foreign collaborators % 51.3 0.0 -  
Indian inst/Mut Fund % 10.1 36.5 27.7%  
FIIs % 3.0 19.6 15.3%  
ADR/GDR % 0.0 2.3 -  
Free float % 27.9 41.5 67.2%  
Shareholders   12,133 802,712 1.5%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare GRINDWELL NORTON With:   BLUE STAR  MAN IND.(I)  V GUARD IND.  EIMCO ELECON  ADOR WELDING  

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



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Feb 21, 2018 (Close)

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