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Compare GRINDWELL NORTON with Voltas - Equitymaster
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GRINDWELL NORTON vs VOLTAS - 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

VOLTAS 
   Change

Voltas, a Tata group company, is a major player in the electro-mechanical engineering

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Current Valuations

    GRINDWELL NORTON VOLTAS GRINDWELL NORTON/
VOLTAS
 
P/E (TTM) x 17.9 35.2 50.8% View Chart
P/BV x 3.2 7.5 43.1% View Chart
Dividend Yield % 1.7 0.5 344.7%  

Financials

 GRINDWELL NORTON   VOLTAS
EQUITY SHARE DATA
    GRINDWELL NORTON
Mar-16
VOLTAS
Mar-16
GRINDWELL NORTON/
VOLTAS
5-Yr Chart
Click to enlarge
High Rs814360 226.0%   
Low Rs595211 281.9%   
Sales per share (Unadj.) Rs213.6177.0 120.7%  
Earnings per share (Unadj.) Rs18.911.7 162.1%  
Cash flow per share (Unadj.) Rs26.512.5 211.9%  
Dividends per share (Unadj.) Rs6.502.60 250.0%  
Dividend yield (eoy) %0.90.9 101.4%  
Book value per share (Unadj.) Rs121.772.4 168.1%  
Shares outstanding (eoy) m55.36330.88 16.7%   
Bonus/Rights/Conversions ---  
Price / Sales ratio x3.31.6 204.4%   
Avg P/E ratio x37.324.5 152.1%  
P/CF ratio (eoy) x26.622.9 116.4%  
Price / Book Value ratio x5.83.9 146.7%  
Dividend payout %34.422.3 154.2%   
Avg Mkt Cap Rs m38,99894,499 41.3%   
No. of employees `0001.84.5 39.4%   
Total wages/salary Rs m1,5266,699 22.8%   
Avg. sales/employee Rs Th6,596.312,882.0 51.2%   
Avg. wages/employee Rs Th851.11,473.2 57.8%   
Avg. net profit/employee Rs Th583.4848.0 68.8%   
INCOME DATA
Net Sales Rs m11,82758,574 20.2%  
Other income Rs m2081,176 17.7%   
Total revenues Rs m12,03559,751 20.1%   
Gross profit Rs m1,8204,369 41.7%  
Depreciation Rs m419278 150.8%   
Interest Rs m24153 15.5%   
Profit before tax Rs m1,5865,114 31.0%   
Minority Interest Rs m-12-88 13.0%   
Prior Period Items Rs m023 0.0%   
Extraordinary Inc (Exp) Rs m0407 0.0%   
Tax Rs m5281,599 33.0%   
Profit after tax Rs m1,0463,856 27.1%  
Gross profit margin %15.47.5 206.3%  
Effective tax rate %33.331.3 106.5%   
Net profit margin %8.86.6 134.4%  
BALANCE SHEET DATA
Current assets Rs m5,72341,179 13.9%   
Current liabilities Rs m2,72930,217 9.0%   
Net working cap to sales %25.318.7 135.3%  
Current ratio x2.11.4 153.9%  
Inventory Days Days7656 136.3%  
Debtors Days Days4681 56.9%  
Net fixed assets Rs m3,5812,224 161.0%   
Share capital Rs m277331 83.7%   
"Free" reserves Rs m6,46123,034 28.0%   
Net worth Rs m6,73823,952 28.1%   
Long term debt Rs m280-   
Total assets Rs m9,95055,988 17.8%  
Interest coverage x67.934.4 197.6%   
Debt to equity ratio x00-  
Sales to assets ratio x1.21.0 113.6%   
Return on assets %10.87.2 150.2%  
Return on equity %15.516.1 96.4%  
Return on capital %23.623.4 100.9%  
Exports to sales %11.10.6 1,951.2%   
Imports to sales %28.412.6 224.3%   
Exports (fob) Rs m1,307332 394.0%   
Imports (cif) Rs m3,3567,409 45.3%   
Fx inflow Rs m1,8521,342 138.0%   
Fx outflow Rs m3,5557,440 47.8%   
Net fx Rs m-1,703-6,098 27.9%   
CASH FLOW
From Operations Rs m1,3582,754 49.3%  
From Investments Rs m-367-3,674 10.0%  
From Financial Activity Rs m-978364 -268.5%  
Net Cashflow Rs m13-555 -2.4%  

Share Holding

Indian Promoters % 7.7 30.2 25.5%  
Foreign collaborators % 51.3 0.0 -  
Indian inst/Mut Fund % 10.1 25.4 39.8%  
FIIs % 3.0 18.6 16.1%  
ADR/GDR % 0.0 0.0 -  
Free float % 27.9 25.9 107.7%  
Shareholders   12,133 134,810 9.0%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare GRINDWELL NORTON With:   INDO TECH TRANS.  SWELECT ENERGY SYSTEMS  HAVELLS IND  FAIRFILED ATLAS   KENNAMETAL INDIA  

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



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Aug 17, 2017 (Close)

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