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Compare GRINDWELL NORTON with KENNAMETAL INDIA - Equitymaster
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GRINDWELL NORTON vs KENNAMETAL INDIA - 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

KENNAMETAL INDIA 
   Change

The company manufactures hard metal products (tips, pellets, mining tools,etc) (86.9%) and special purpose machines (12.8%). The company widened its product range during the year to include Industrial coolants and cutting fluids,microfine grain carbi... More

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Current Valuations

    GRINDWELL NORTON KENNAMETAL INDIA GRINDWELL NORTON/
KENNAMETAL INDIA
 
P/E (TTM) x 43.7 67.2 65.1% View Chart
P/BV x 6.3 4.4 142.7% View Chart
Dividend Yield % 0.8 0.3 298.0%  

Financials

 GRINDWELL NORTON   KENNAMETAL INDIA
EQUITY SHARE DATA
    GRINDWELL NORTON
Mar-17
KENNAMETAL INDIA
Jun-16
GRINDWELL NORTON/
KENNAMETAL INDIA
5-Yr Chart
Click to enlarge
High Rs749924 81.1%   
Low Rs309652 47.4%   
Sales per share (Unadj.) Rs114.1259.5 44.0%  
Earnings per share (Unadj.) Rs10.99.4 115.7%  
Cash flow per share (Unadj.) Rs14.720.4 72.2%  
Dividends per share (Unadj.) Rs4.002.00 200.0%  
Dividend yield (eoy) %0.80.3 298.0%  
Book value per share (Unadj.) Rs80.7171.6 47.0%  
Shares outstanding (eoy) m110.7221.98 503.7%   
Bonus/Rights/Conversions B--  
Price / Sales ratio x4.63.0 152.6%   
Avg P/E ratio x48.483.5 58.0%  
P/CF ratio (eoy) x35.938.6 93.0%  
Price / Book Value ratio x6.64.6 142.8%  
Dividend payout %36.621.2 172.8%   
Avg Mkt Cap Rs m58,52717,309 338.1%   
No. of employees `0001.9NA-   
Total wages/salary Rs m1,7021,110 153.3%   
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 m12,6345,703 221.5%  
Other income Rs m30989 346.6%   
Total revenues Rs m12,9425,792 223.5%   
Gross profit Rs m1,931459 420.6%  
Depreciation Rs m423241 175.2%   
Interest Rs m200-   
Profit before tax Rs m1,797307 585.2%   
Minority Interest Rs m00-   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m00-   
Tax Rs m588100 590.1%   
Profit after tax Rs m1,209207 582.9%  
Gross profit margin %15.38.1 189.9%  
Effective tax rate %32.732.5 100.8%   
Net profit margin %9.63.6 263.1%  
BALANCE SHEET DATA
Current assets Rs m6,7483,237 208.5%   
Current liabilities Rs m2,6151,176 222.4%   
Net working cap to sales %32.736.1 90.5%  
Current ratio x2.62.8 93.8%  
Inventory Days Days7173 97.8%  
Debtors Days Days3776 48.2%  
Net fixed assets Rs m3,7431,231 304.0%   
Share capital Rs m554220 251.9%   
"Free" reserves Rs m8,3773,551 235.9%   
Net worth Rs m8,9303,771 236.8%   
Long term debt Rs m190-   
Total assets Rs m12,0995,071 238.6%  
Interest coverage x90.4NM-  
Debt to equity ratio x00-  
Sales to assets ratio x1.01.1 92.8%   
Return on assets %10.24.1 248.4%  
Return on equity %13.55.5 246.1%  
Return on capital %20.38.1 249.3%  
Exports to sales %09.8 0.0%   
Imports to sales %023.6 0.0%   
Exports (fob) Rs mNA562 0.0%   
Imports (cif) Rs mNA1,345 0.0%   
Fx inflow Rs m1,953562 347.8%   
Fx outflow Rs m3,8661,562 247.6%   
Net fx Rs m-1,913-1,000 191.3%   
CASH FLOW
From Operations Rs m1,611177 911.7%  
From Investments Rs m-328-424 77.5%  
From Financial Activity Rs m25-51 -49.0%  
Net Cashflow Rs m0-298 0.0%  

Share Holding

Indian Promoters % 7.7 0.0 -  
Foreign collaborators % 51.3 75.0 68.4%  
Indian inst/Mut Fund % 10.1 14.6 69.3%  
FIIs % 3.0 0.0 -  
ADR/GDR % 0.0 0.0 -  
Free float % 27.9 10.4 268.3%  
Shareholders   12,133 5,531 219.4%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare GRINDWELL NORTON With:   AIA ENGINEERING  GE T&D INDIA  ECE INDUSTRIES  V GUARD IND.  GUJ.APOLLO INDUS  

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



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