X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2018 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
Compare GRINDWELL NORTON with Jindal Saw Ltd - Equitymaster
  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

GRINDWELL NORTON vs JINDAL SAW LTD - 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

JINDAL SAW LTD 
   Change

SAW Pipes (SPL), a member of the Jindal Group, is the only company in India that manufactures UOE pipes in technical collaboration with UEC Pittsburgh of USA. It manufactures UOE submerged arc welded steel tubes and cold rolled strips of various grad... More

DO YOU LIKE THESE REPORTS? TELL US!

Current Valuations

    GRINDWELL NORTON JINDAL SAW LTD GRINDWELL NORTON/
JINDAL SAW LTD
 
P/E (TTM) x 44.5 12.3 360.8% View Chart
P/BV x 6.4 1.0 616.2% View Chart
Dividend Yield % 0.8 0.7 104.0%  

Financials

 GRINDWELL NORTON   JINDAL SAW LTD
EQUITY SHARE DATA
    GRINDWELL NORTON
Mar-17
JINDAL SAW LTD
Mar-14
GRINDWELL NORTON/
JINDAL SAW LTD
5-Yr Chart
Click to enlarge
High Rs74993 805.7%   
Low Rs30938 814.5%   
Sales per share (Unadj.) Rs114.1241.0 47.4%  
Earnings per share (Unadj.) Rs10.9-3.1 -352.5%  
Cash flow per share (Unadj.) Rs14.78.5 172.7%  
Dividends per share (Unadj.) Rs4.001.00 400.0%  
Dividend yield (eoy) %0.81.5 49.5%  
Book value per share (Unadj.) Rs80.7129.2 62.4%  
Shares outstanding (eoy) m110.72276.23 40.1%   
Bonus/Rights/Conversions B--  
Price / Sales ratio x4.60.3 1,706.8%   
Avg P/E ratio x48.4-21.1 -229.3%  
P/CF ratio (eoy) x35.97.7 468.1%  
Price / Book Value ratio x6.60.5 1,294.5%  
Dividend payout %36.6-32.3 -113.5%   
Avg Mkt Cap Rs m58,52718,065 324.0%   
No. of employees `0001.9NA-   
Total wages/salary Rs m1,7025,212 32.7%   
Avg. sales/employee Rs Th6,829.0NM-  
Avg. wages/employee Rs Th920.1NM-  
Avg. net profit/employee Rs Th653.5NM-  
INCOME DATA
Net Sales Rs m12,63466,559 19.0%  
Other income Rs m309953 32.4%   
Total revenues Rs m12,94267,512 19.2%   
Gross profit Rs m1,9316,401 30.2%  
Depreciation Rs m4233,213 13.2%   
Interest Rs m203,920 0.5%   
Profit before tax Rs m1,797222 810.6%   
Minority Interest Rs m0147 0.0%   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m0-677 0.0%   
Tax Rs m588547 107.6%   
Profit after tax Rs m1,209-856 -141.3%  
Gross profit margin %15.39.6 159.0%  
Effective tax rate %32.7246.5 13.3%   
Net profit margin %9.6-1.3 -744.5%  
BALANCE SHEET DATA
Current assets Rs m6,74850,117 13.5%   
Current liabilities Rs m2,61538,565 6.8%   
Net working cap to sales %32.717.4 188.5%  
Current ratio x2.61.3 198.6%  
Inventory Days Days71105 67.4%  
Debtors Days Days3796 38.5%  
Net fixed assets Rs m3,74360,322 6.2%   
Share capital Rs m554553 100.2%   
"Free" reserves Rs m8,37732,942 25.4%   
Net worth Rs m8,93035,684 25.0%   
Long term debt Rs m1934,927 0.1%   
Total assets Rs m12,099114,158 10.6%  
Interest coverage x90.41.1 8,557.3%   
Debt to equity ratio x01.0 0.2%  
Sales to assets ratio x1.00.6 179.1%   
Return on assets %10.22.7 378.4%  
Return on equity %13.5-2.4 -564.6%  
Return on capital %20.35.1 397.1%  
Exports to sales %024.8 0.0%   
Imports to sales %019.5 0.0%   
Exports (fob) Rs mNA16,530 0.0%   
Imports (cif) Rs mNA12,968 0.0%   
Fx inflow Rs m1,95316,613 11.8%   
Fx outflow Rs m3,86614,854 26.0%   
Net fx Rs m-1,9131,759 -108.8%   
CASH FLOW
From Operations Rs m1,6111,086 148.4%  
From Investments Rs m-328-6,153 5.3%  
From Financial Activity Rs m253,591 0.7%  
Net Cashflow Rs m0-1,476 0.0%  

Share Holding

Indian Promoters % 7.7 34.8 22.1%  
Foreign collaborators % 51.3 11.4 450.0%  
Indian inst/Mut Fund % 10.1 11.9 84.8%  
FIIs % 3.0 18.1 16.6%  
ADR/GDR % 0.0 0.0 -  
Free float % 27.9 23.7 117.7%  
Shareholders   12,133 36,525 33.2%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare GRINDWELL NORTON With:   WELSPUN CORP  LAKSHMI MACHINE  ABB INDIA LTD.  VOLTAMP TRANSFORMERS  CARBORUNDUM UNIVERSAL  

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



Today's Market

Sensex Finishes Marginally Lower; Capital Goods & Realty Stocks Fall(Closing)

Indian share markets witnessed selling pressure in the final hour of trade to finish just below the dotted line. At the closing bell, the BSE Sensex closed lower by 71 points.

Related Views on News

Amber Enterprises India Ltd. (IPO)

Jan 16, 2018

Should you subscribe to the IPO of Amber Enterprises India Ltd?

L&T: Transition Challenges Continue to Have an Effect (Quarterly Results Update - Detailed)

Nov 15, 2017

The readjustment to the continuing impact of demonetisation and the accelerated implementation of GST has upset the business environment and tripped growth in the economy.

BHEL: Margins Dip into the Negative (Quarterly Results Update - Detailed)

Aug 14, 2017

The company also saw order inflows of Rs 18 billion during the quarter, which was a massive 41% YoY lower than the previous year's quarter.

Cummins Ltd: Domestic Revenues the Saving Grace (Quarterly Results Update - Detailed)

Aug 14, 2017

The domestic economy continues to grow largely in areas which are positively impacted through continuing government investments in infrastructure.

ABB: Large Orders Remain Muted (Quarterly Results Update - Detailed)

Aug 2, 2017

Decisions on government initiatives and private investments were stalled in anticipation of upcoming tax restructure.

More Views on News

Most Popular

Follow India's Super Investors to Make Big Money in the Market Crash(The 5 Minute Wrapup)

Feb 8, 2018

Has the sell-off in the markets left India's super investors unduly worried?

The Era of Easy Money is Coming to an End. What Happens Now?(Vivek Kaul's Diary)

Feb 9, 2018

The easy money policy of the Federal Reserve of the United States, which drove up stock markets all over the world, is ending, with the Federal Reserve looking to shrink its balance sheet.

The Markets Want Your Money. Don't Give It to Them.(Smart Contrarian)

Feb 9, 2018

MFs are having a gala time taking money from over-eager investors and funneling it into equities. Smart investors, though, know better than to do that.

The Big Gamble(The Honest Truth)

Feb 15, 2018

Once you accept the fact that elections are round the corner and that this budget is geared to reach a 40% target, everything makes sense.

Rising Dominance of Mutual Funds(Chart Of The Day)

Feb 8, 2018

Domestic money flow into Indian equities surpassed foreign fund flows in the recent years. But will it continue in volatile market?

More

Small Investments
BIG Returns

Zero To Millions Guide 2018
Get our special report, Zero To Millions
(2018 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

GRINDWELL NORTON SHARE PRICE


Feb 20, 2018 (Close)

TRACK GRINDWELL NORTON

  • Track your investment in GRINDWELL NORTON with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

MORE ON GRINDWELL NORTON

GRINDWELL NORTON 8-QTR ANALYSIS

COMPARE GRINDWELL NORTON WITH

MARKET STATS