X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2017 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 TECHNO ELECTRIC - Equitymaster
  • MyStocks

MEMBER'S LOGINX

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

GRINDWELL NORTON vs TECHNO ELECTRIC - 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

DO YOU LIKE THESE REPORTS? TELL US!

Current Valuations

    GRINDWELL NORTON TECHNO ELECTRIC GRINDWELL NORTON/
TECHNO ELECTRIC
 
P/E (TTM) x 17.8 21.6 82.5% View Chart
P/BV x 3.2 4.9 66.1% View Chart
Dividend Yield % 1.7 1.0 169.1%  

Financials

 GRINDWELL NORTON   TECHNO ELECTRIC
EQUITY SHARE DATA
    GRINDWELL NORTON
Mar-16
TECHNO ELECTRIC
Mar-14
GRINDWELL NORTON/
TECHNO ELECTRIC
5-Yr Chart
Click to enlarge
High Rs814155 524.8%   
Low Rs59569 862.9%   
Sales per share (Unadj.) Rs213.6124.1 172.2%  
Earnings per share (Unadj.) Rs18.915.3 123.3%  
Cash flow per share (Unadj.) Rs26.527.0 98.1%  
Dividends per share (Unadj.) Rs6.503.50 185.7%  
Dividend yield (eoy) %0.93.1 29.5%  
Book value per share (Unadj.) Rs121.7146.6 83.0%  
Shares outstanding (eoy) m55.3657.10 97.0%   
Bonus/Rights/Conversions ---  
Price / Sales ratio x3.30.9 365.3%   
Avg P/E ratio x37.37.3 510.0%  
P/CF ratio (eoy) x26.64.1 641.4%  
Price / Book Value ratio x5.80.8 757.6%  
Dividend payout %34.422.8 150.6%   
Avg Mkt Cap Rs m38,9986,395 609.8%   
No. of employees `0001.80.4 448.3%   
Total wages/salary Rs m1,526290 525.9%   
Avg. sales/employee Rs Th6,596.317,712.3 37.2%   
Avg. wages/employee Rs Th851.1725.5 117.3%   
Avg. net profit/employee Rs Th583.42,187.3 26.7%   
INCOME DATA
Net Sales Rs m11,8277,085 166.9%  
Other income Rs m208120 173.7%   
Total revenues Rs m12,0357,205 167.0%   
Gross profit Rs m1,8201,925 94.5%  
Depreciation Rs m419667 62.9%   
Interest Rs m24454 5.2%   
Profit before tax Rs m1,586924 171.5%   
Minority Interest Rs m-12-12 97.5%   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m00-   
Tax Rs m52838 1,404.3%   
Profit after tax Rs m1,046875 119.6%  
Gross profit margin %15.427.2 56.6%  
Effective tax rate %33.34.1 818.6%   
Net profit margin %8.812.3 71.6%  
BALANCE SHEET DATA
Current assets Rs m5,7235,088 112.5%   
Current liabilities Rs m2,7292,626 103.9%   
Net working cap to sales %25.334.7 72.8%  
Current ratio x2.11.9 108.2%  
Inventory Days Days766 1,243.0%  
Debtors Days Days46106 43.6%  
Net fixed assets Rs m3,58110,729 33.4%   
Share capital Rs m277114 242.4%   
"Free" reserves Rs m6,4617,785 83.0%   
Net worth Rs m6,7388,371 80.5%   
Long term debt Rs m284,785 0.6%   
Total assets Rs m9,95016,498 60.3%  
Interest coverage x67.93.0 2,238.0%   
Debt to equity ratio x00.6 0.7%  
Sales to assets ratio x1.20.4 276.8%   
Return on assets %10.88.1 133.4%  
Return on equity %15.510.5 148.6%  
Return on capital %23.610.4 227.3%  
Exports to sales %11.13.0 373.8%   
Imports to sales %28.46.8 419.8%   
Exports (fob) Rs m1,307210 624.0%   
Imports (cif) Rs m3,356479 700.8%   
Fx inflow Rs m1,852210 884.0%   
Fx outflow Rs m3,555490 726.1%   
Net fx Rs m-1,703-280 608.0%   
CASH FLOW
From Operations Rs m1,3582,608 52.1%  
From Investments Rs m-367-1,135 32.4%  
From Financial Activity Rs m-978-1,710 57.2%  
Net Cashflow Rs m13-237 -5.6%  

Share Holding

Indian Promoters % 7.7 58.0 13.3%  
Foreign collaborators % 51.3 0.0 -  
Indian inst/Mut Fund % 10.1 7.2 140.6%  
FIIs % 3.0 5.5 54.5%  
ADR/GDR % 0.0 0.0 -  
Free float % 27.9 29.3 95.2%  
Shareholders   12,133 3,979 304.9%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare GRINDWELL NORTON With:   MAN IND.(I)  GREAVES COTTON  JAYASWAL NECO  HAVELLS IND  BHARAT BIJLEE  

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



Today's Market

Sensex Finishes on a Flat Note; Dr Reddy's & Lupin Surge over 2%(Closing)

Indian share markets continued to trade just above the dotted line in the afternoon session in a lackluster day of trading. At the closing bell, the BSE Sensex closed higher by 33 points.

Related Views on News

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.

L&T: Amidst a Challenging Business Environment (Quarterly Results Update - Detailed)

Aug 1, 2017

Bank credit to industry remained muted and investment momentum was driven mostly by public sector spending.

L&T: Private Sector Capex Remains in a Tizzy (Quarterly Results Update - Detailed)

Jul 24, 2017

Vast majority of private players remain more concerned with debt payback rather than starting new projects.

More Views on News

Most Popular

A 'Backdoor' to Multibaggers: It's Like Investing in Asian Paints Ten Years Ago(The 5 Minute Wrapup)

Aug 10, 2017

Don't miss these proxy bets on growing companies or in a few years you will be looking back with regret.

The Most Important Innovation in Finance Since Gold Coins(Vivek Kaul's Diary)

Aug 10, 2017

Bill connects the dots...between money and growth, real money and real resources, gold and cryptocurrencies...and between gold, cryptocurrencies, and time.

Signs of Life in the India VIX(Daily Profit Hunter)

Aug 12, 2017

The India VIX is up 36% in the last week. Fear has gone up but is still low by historical standards.

Bitcoin Continues Stellar Rise(Chart Of The Day)

Aug 10, 2017

Bitcoin hits an all-time high, is there more upside left?

5 Steps To Become Financially Independent(Outside View)

Aug 16, 2017

Ensure your financial Independence, and pledge to start the journey towards financial freedom today!

More

Become A Smarter Investor In
Just 5 Minutes

Multibagger Stocks Guide 2017
Get our special report, Multibagger Stocks Guide (2017 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

GRINDWELL NORTON SHARE PRICE


Aug 22, 2017 (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