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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 17.9 11.0 162.6% View Chart
P/BV x 3.2 1.1 298.3% View Chart
Dividend Yield % 1.6 1.7 96.3%  

Financials

 GRINDWELL NORTON   MAN IND.(I)
EQUITY SHARE DATA
    GRINDWELL NORTON
Mar-16
MAN IND.(I)
Mar-15
GRINDWELL NORTON/
MAN IND.(I)
5-Yr Chart
Click to enlarge
High Rs81494 865.4%   
Low Rs59544 1,341.0%   
Sales per share (Unadj.) Rs213.6238.8 89.4%  
Earnings per share (Unadj.) Rs18.98.8 214.2%  
Cash flow per share (Unadj.) Rs26.516.3 162.7%  
Dividends per share (Unadj.) Rs6.501.50 433.3%  
Dividend yield (eoy) %0.92.2 42.6%  
Book value per share (Unadj.) Rs121.784.5 144.1%  
Shares outstanding (eoy) m55.3657.11 96.9%   
Bonus/Rights/Conversions ---  
Price / Sales ratio x3.30.3 1,138.1%   
Avg P/E ratio x37.37.8 475.2%  
P/CF ratio (eoy) x26.64.3 625.8%  
Price / Book Value ratio x5.80.8 706.6%  
Dividend payout %34.417.0 202.3%   
Avg Mkt Cap Rs m38,9983,952 986.8%   
No. of employees `0001.80.9 190.1%   
Total wages/salary Rs m1,526412 370.9%   
Avg. sales/employee Rs Th6,596.314,464.7 45.6%   
Avg. wages/employee Rs Th851.1436.4 195.0%   
Avg. net profit/employee Rs Th583.4534.2 109.2%   
INCOME DATA
Net Sales Rs m11,82713,640 86.7%  
Other income Rs m208346 60.3%   
Total revenues Rs m12,03513,986 86.1%   
Gross profit Rs m1,8201,143 159.3%  
Depreciation Rs m419426 98.5%   
Interest Rs m24459 5.2%   
Profit before tax Rs m1,586604 262.6%   
Minority Interest Rs m-120-   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m00-   
Tax Rs m528100 527.9%   
Profit after tax Rs m1,046504 207.7%  
Gross profit margin %15.48.4 183.7%  
Effective tax rate %33.316.6 201.0%   
Net profit margin %8.83.7 239.5%  
BALANCE SHEET DATA
Current assets Rs m5,72310,251 55.8%   
Current liabilities Rs m2,7296,424 42.5%   
Net working cap to sales %25.328.1 90.2%  
Current ratio x2.11.6 131.4%  
Inventory Days Days7673 104.0%  
Debtors Days Days46130 35.7%  
Net fixed assets Rs m3,5813,566 100.4%   
Share capital Rs m277286 97.0%   
"Free" reserves Rs m6,4614,539 142.3%   
Net worth Rs m6,7384,825 139.7%   
Long term debt Rs m283,168 0.9%   
Total assets Rs m9,95014,993 66.4%  
Interest coverage x67.92.3 2,932.6%   
Debt to equity ratio x00.7 0.6%  
Sales to assets ratio x1.20.9 130.7%   
Return on assets %10.86.4 167.4%  
Return on equity %15.510.4 148.7%  
Return on capital %23.613.3 177.6%  
Exports to sales %11.117.7 62.4%   
Imports to sales %28.424.1 117.8%   
Exports (fob) Rs m1,3072,414 54.1%   
Imports (cif) Rs m3,3563,287 102.1%   
Fx inflow Rs m1,8522,414 76.7%   
Fx outflow Rs m3,5553,758 94.6%   
Net fx Rs m-1,703-1,344 126.8%   
CASH FLOW
From Operations Rs m1,358644 210.9%  
From Investments Rs m-367-606 60.6%  
From Financial Activity Rs m-978-346 282.4%  
Net Cashflow Rs m13-308 -4.3%  

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:   JINDAL SAW LTD  JAYASWAL NECO  PUNJ LLOYD   PHOENIX LAMPS  AIA ENGINEERING  

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



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Aug 18, 2017 (Close)

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