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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 18.0 24.1 74.7% View Chart
P/BV x 3.2 3.6 90.4% View Chart
Dividend Yield % 1.6 1.6 101.9%  

Financials

 GRINDWELL NORTON   L&T
EQUITY SHARE DATA
    GRINDWELL NORTON
Mar-16
L&T
Mar-16
GRINDWELL NORTON/
L&T
5-Yr Chart
Click to enlarge
High Rs8141,886 43.1%   
Low Rs5951,070 55.6%   
Sales per share (Unadj.) Rs213.61,101.8 19.4%  
Earnings per share (Unadj.) Rs18.954.6 34.6%  
Cash flow per share (Unadj.) Rs26.584.2 31.4%  
Dividends per share (Unadj.) Rs6.5018.25 35.6%  
Dividend yield (eoy) %0.91.2 74.7%  
Book value per share (Unadj.) Rs121.7472.3 25.8%  
Shares outstanding (eoy) m55.36931.48 5.9%   
Bonus/Rights/Conversions ---  
Price / Sales ratio x3.31.3 245.8%   
Avg P/E ratio x37.327.0 137.8%  
P/CF ratio (eoy) x26.617.5 151.7%  
Price / Book Value ratio x5.83.1 184.9%  
Dividend payout %34.433.4 103.0%   
Avg Mkt Cap Rs m38,9981,376,867 2.8%   
No. of employees `0001.843.4 4.1%   
Total wages/salary Rs m1,52692,048 1.7%   
Avg. sales/employee Rs Th6,596.323,672.9 27.9%   
Avg. wages/employee Rs Th851.12,123.2 40.1%   
Avg. net profit/employee Rs Th583.41,174.2 49.7%   
INCOME DATA
Net Sales Rs m11,8271,026,317 1.2%  
Other income Rs m20811,830 1.8%   
Total revenues Rs m12,0351,038,147 1.2%   
Gross profit Rs m1,820123,426 1.5%  
Depreciation Rs m41927,560 1.5%   
Interest Rs m2430,412 0.1%   
Profit before tax Rs m1,58677,284 2.1%   
Minority Interest Rs m-12-4,450 0.3%   
Prior Period Items Rs m0-25 0.0%   
Extraordinary Inc (Exp) Rs m03,581 0.0%   
Tax Rs m52825,485 2.1%   
Profit after tax Rs m1,04650,905 2.1%  
Gross profit margin %15.412.0 128.0%  
Effective tax rate %33.333.0 101.0%   
Net profit margin %8.85.0 178.3%  
BALANCE SHEET DATA
Current assets Rs m5,7231,054,549 0.5%   
Current liabilities Rs m2,729893,552 0.3%   
Net working cap to sales %25.315.7 161.4%  
Current ratio x2.11.2 177.7%  
Inventory Days Days7619 397.6%  
Debtors Days Days46128 36.2%  
Net fixed assets Rs m3,581585,999 0.6%   
Share capital Rs m2771,863 14.9%   
"Free" reserves Rs m6,461389,150 1.7%   
Net worth Rs m6,738439,917 1.5%   
Long term debt Rs m28737,537 0.0%   
Total assets Rs m9,9502,275,247 0.4%  
Interest coverage x67.93.5 1,917.5%   
Debt to equity ratio x01.7 0.2%  
Sales to assets ratio x1.20.5 263.5%   
Return on assets %10.83.6 300.8%  
Return on equity %15.511.6 134.2%  
Return on capital %23.69.1 260.4%  
Exports to sales %11.10.9 1,291.9%   
Imports to sales %28.43.0 959.3%   
Exports (fob) Rs m1,3078,781 14.9%   
Imports (cif) Rs m3,35630,359 11.1%   
Fx inflow Rs m1,852110,890 1.7%   
Fx outflow Rs m3,555112,484 3.2%   
Net fx Rs m-1,703-1,594 106.9%   
CASH FLOW
From Operations Rs m1,358-32,289 -4.2%  
From Investments Rs m-367-41,320 0.9%  
From Financial Activity Rs m-97874,885 -1.3%  
Net Cashflow Rs m131,276 1.0%  

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:   ELGI EQUIPMENTS  EVEREST KANTO CYLINDER  LAKSHMI MACHINE  BATLIBOI LTD  SWELECT ENERGY SYSTEMS  

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



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