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Compare GRINDWELL NORTON with MAN IND.(I) - Equitymaster
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GRINDWELL NORTON vs MAN IND.(I) - 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

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Current Valuations

    GRINDWELL NORTON MAN IND.(I) GRINDWELL NORTON/
MAN IND.(I)
 
P/E (TTM) x 43.6 15.8 275.4% View Chart
P/BV x 6.3 1.6 401.5% View Chart
Dividend Yield % 0.8 1.2 66.4%  

Financials

 GRINDWELL NORTON   MAN IND.(I)
EQUITY SHARE DATA
    GRINDWELL NORTON
Mar-17
MAN IND.(I)
Mar-15
GRINDWELL NORTON/
MAN IND.(I)
5-Yr Chart
Click to enlarge
High Rs74994 796.3%   
Low Rs30944 695.3%   
Sales per share (Unadj.) Rs114.1238.8 47.8%  
Earnings per share (Unadj.) Rs10.98.8 123.8%  
Cash flow per share (Unadj.) Rs14.716.3 90.5%  
Dividends per share (Unadj.) Rs4.001.50 266.7%  
Dividend yield (eoy) %0.82.2 34.9%  
Book value per share (Unadj.) Rs80.784.5 95.5%  
Shares outstanding (eoy) m110.7257.11 193.9%   
Bonus/Rights/Conversions B--  
Price / Sales ratio x4.60.3 1,598.9%   
Avg P/E ratio x48.47.8 617.1%  
P/CF ratio (eoy) x35.94.3 843.7%  
Price / Book Value ratio x6.60.8 800.1%  
Dividend payout %36.617.0 215.4%   
Avg Mkt Cap Rs m58,5273,952 1,480.9%   
No. of employees `0001.90.9 196.2%   
Total wages/salary Rs m1,702412 413.6%   
Avg. sales/employee Rs Th6,829.014,464.7 47.2%   
Avg. wages/employee Rs Th920.1436.4 210.8%   
Avg. net profit/employee Rs Th653.5534.2 122.3%   
INCOME DATA
Net Sales Rs m12,63413,640 92.6%  
Other income Rs m309346 89.3%   
Total revenues Rs m12,94213,986 92.5%   
Gross profit Rs m1,9311,143 169.0%  
Depreciation Rs m423426 99.3%   
Interest Rs m20459 4.4%   
Profit before tax Rs m1,797604 297.6%   
Minority Interest Rs m00-   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m00-   
Tax Rs m588100 588.2%   
Profit after tax Rs m1,209504 240.0%  
Gross profit margin %15.38.4 182.5%  
Effective tax rate %32.716.6 197.6%   
Net profit margin %9.63.7 259.1%  
BALANCE SHEET DATA
Current assets Rs m6,74810,251 65.8%   
Current liabilities Rs m2,6156,424 40.7%   
Net working cap to sales %32.728.1 116.6%  
Current ratio x2.61.6 161.7%  
Inventory Days Days7173 97.4%  
Debtors Days Days37130 28.3%  
Net fixed assets Rs m3,7433,566 105.0%   
Share capital Rs m554286 193.9%   
"Free" reserves Rs m8,3774,539 184.5%   
Net worth Rs m8,9304,825 185.1%   
Long term debt Rs m193,168 0.6%   
Total assets Rs m12,09914,993 80.7%  
Interest coverage x90.42.3 3,904.7%   
Debt to equity ratio x00.7 0.3%  
Sales to assets ratio x1.00.9 114.8%   
Return on assets %10.26.4 158.2%  
Return on equity %13.510.4 129.6%  
Return on capital %20.313.3 152.7%  
Exports to sales %017.7 0.0%   
Imports to sales %024.1 0.0%   
Exports (fob) Rs mNA2,414 0.0%   
Imports (cif) Rs mNA3,287 0.0%   
Fx inflow Rs m1,9532,414 80.9%   
Fx outflow Rs m3,8663,758 102.9%   
Net fx Rs m-1,913-1,344 142.4%   
CASH FLOW
From Operations Rs m1,611644 250.1%  
From Investments Rs m-328-606 54.2%  
From Financial Activity Rs m25-346 -7.2%  
Net Cashflow Rs m0-308 0.0%  

Share Holding

Indian Promoters % 7.7 51.2 15.0%  
Foreign collaborators % 51.3 3.1 1,654.8%  
Indian inst/Mut Fund % 10.1 2.5 404.8%  
FIIs % 3.0 6.1 49.2%  
ADR/GDR % 0.0 0.0 -  
Free float % 27.9 37.0 75.4%  
Shareholders   12,133 19,692 61.6%  
Pledged promoter(s) holding % 0.0 71.8 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare GRINDWELL NORTON With:   BANCO PROD.  TEXMACO INFRA  JAIN IRRIGATION  BHEL  WENDT (INDIA)  

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



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