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- GRASIM - VARDHMAN TEXTILES
GRASIM vs VARDHMAN TEXTILES - Comparison Results
GRASIM Change
Grasim Industries is a flagship company of the Aditya Birla Group and is one of the largest diversified commodity companies in the country. It has a monopolistic status in the viscose staple fibre (VSF) and as a group it commands 21% global market sh... More
VARDHMAN TEXTILES 
Mahavir Spinning Mills mainly produces cotton yarn, yarn of synthetic staple fibre, and cotton sewing thread. The company also operates a steel division which manufactures steel ingots/billets, and rolled products. The company has also launched value... More
Current Valuations
| GRASIM | VARDHMAN TEXTILES | GRASIM/ VARDHMAN TEXTILES |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | 10.2 | 12.2 | 84.3% | View Chart |
| P/BV | x | 1.1 | 1.5 | 74.4% | View Chart |
| Dividend Yield | % | 0.5 | 1.3 | 40.9% |
Financials
 GRASIM  VARDHMAN TEXTILES |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| GRASIM Mar-19 |
VARDHMAN TEXTILES Mar-18 |
GRASIM/ VARDHMAN TEXTILES |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 1,115 | 1,565 | 71.2% | |
| Low | Rs | 689 | 1,129 | 61.0% | |
| Sales per share (Unadj.) | Rs | 1,109.7 | 1,107.3 | 100.2% | |
| Earnings per share (Unadj.) | Rs | 42.2 | 105.0 | 40.2% | |
| Cash flow per share (Unadj.) | Rs | 91.8 | 147.5 | 62.2% | |
| Dividends per share (Unadj.) | Rs | 7.00 | 15.00 | 46.7% | |
| Dividend yield (eoy) | % | 0.8 | 1.1 | 69.7% | |
| Book value per share (Unadj.) | Rs | 848.1 | 877.8 | 96.6% | |
| Shares outstanding (eoy) | m | 657.60 | 56.43 | 1,165.3% | |
| Bonus/Rights/Conversions | ESOS | ESOP | - | ||
| Price / Sales ratio | x | 0.8 | 1.2 | 66.8% | |
| Avg P/E ratio | x | 21.4 | 12.8 | 166.5% | |
| P/CF ratio (eoy) | x | 9.8 | 9.1 | 107.6% | |
| Price / Book Value ratio | x | 1.1 | 1.5 | 69.3% | |
| Dividend payout | % | 16.6 | 14.3 | 116.1% | |
| Avg Mkt Cap | Rs m | 593,057 | 76,014 | 780.2% | |
| No. of employees | `000 | 24.4 | 20.9 | 116.6% | |
| Total wages/salary | Rs m | 51,934 | 5,063 | 1,025.8% | |
| Avg. sales/employee | Rs Th | 29,918.3 | 2,986.9 | 1,001.7% | |
| Avg. wages/employee | Rs Th | 2,129.3 | 242.0 | 879.9% | |
| Avg. net profit/employee | Rs Th | 1,138.2 | 283.2 | 401.9% | |
| INCOME DATA | |||||
|---|---|---|---|---|---|
| Net Sales | Rs m | 729,706 | 62,483 | 1,167.9% | |
| Other income | Rs m | 8,014 | 1,974 | 406.1% | |
| Total revenues | Rs m | 737,720 | 64,456 | 1,144.5% | |
| Gross profit | Rs m | 120,185 | 9,030 | 1,331.0% | |
| Depreciation | Rs m | 32,605 | 2,400 | 1,358.5% | |
| Interest | Rs m | 17,806 | 1,182 | 1,506.5% | |
| Profit before tax | Rs m | 77,788 | 7,421 | 1,048.2% | |
| Minority Interest | Rs m | 291 | 175 | 166.0% | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | -25,745 | 0 | - | |
| Tax | Rs m | 24,574 | 1,672 | 1,469.8% | |
| Profit after tax | Rs m | 27,760 | 5,924 | 468.6% | |
| Gross profit margin | % | 16.5 | 14.5 | 114.0% | |
| Effective tax rate | % | 31.6 | 22.5 | 140.2% | |
| Net profit margin | % | 3.8 | 9.5 | 40.1% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 487,118 | 45,456 | 1,071.6% | |
| Current liabilities | Rs m | 461,189 | 16,857 | 2,735.9% | |
| Net working cap to sales | % | 3.6 | 45.8 | 7.8% | |
| Current ratio | x | 1.1 | 2.7 | 39.2% | |
| Inventory Days | Days | 33 | 132 | 24.8% | |
| Debtors Days | Days | 32 | 44 | 72.6% | |
| Net fixed assets | Rs m | 523,516 | 27,203 | 1,924.5% | |
| Share capital | Rs m | 1,315 | 564 | 233.1% | |
| "Free" reserves | Rs m | 556,417 | 48,973 | 1,136.2% | |
| Net worth | Rs m | 557,732 | 49,537 | 1,125.9% | |
| Long term debt | Rs m | 555,869 | 12,098 | 4,594.8% | |
| Total assets | Rs m | 2,292,027 | 82,441 | 2,780.2% | |
| Interest coverage | x | 5.4 | 7.3 | 73.8% | |
| Debt to equity ratio | x | 1.0 | 0.2 | 408.1% | |
| Sales to assets ratio | x | 0.3 | 0.8 | 42.0% | |
| Return on assets | % | 2.0 | 8.6 | 23.1% | |
| Return on equity | % | 5.0 | 12.0 | 41.6% | |
| Return on capital | % | 6.3 | 14.2 | 44.2% | |
| Exports to sales | % | 0 | 35.4 | 0.0% | |
| Imports to sales | % | 0 | 13.0 | 0.0% | |
| Exports (fob) | Rs m | NA | 22,114 | 0.0% | |
| Imports (cif) | Rs m | NA | 8,117 | 0.0% | |
| Fx inflow | Rs m | 28,903 | 22,114 | 130.7% | |
| Fx outflow | Rs m | 63,274 | 8,117 | 779.5% | |
| Net fx | Rs m | -34,371 | 13,997 | -245.6% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | -24,548 | 1,023 | -2,399.6% | |
| From Investments | Rs m | -21,870 | -1,663 | 1,315.3% | |
| From Financial Activity | Rs m | 48,702 | 921 | 5,289.7% | |
| Net Cashflow | Rs m | 2,746 | 281 | 977.6% | |
Share Holding
| Indian Promoters | % | 25.5 | 61.0 | 41.8% | |
| Foreign collaborators | % | 0.0 | 0.0 | - | |
| Indian inst/Mut Fund | % | 16.0 | 11.2 | 143.0% | |
| FIIs | % | 22.8 | 11.3 | 201.8% | |
| ADR/GDR | % | 14.5 | 0.0 | - | |
| Free float | % | 21.2 | 15.7 | 135.0% | |
| Shareholders | 138,458 | 23,905 | 579.2% | ||
| Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare GRASIM With: INDUS FILA TRIDENT BOMBAY DYEING RUPA & CO HANUNG TOYS
Today's Market
A Time Correction in the Nifty(Momentum Moves)
The week belonged to the bulls after bears ended the party in February. March started with gains for the bulls but historically, March has been a bears' month.
Related Views on News
GRASIM Announces Quarterly Results (1QFY21); Net Profit Down 65.6% (Quarterly Result Update)
Sep 10, 2020 | Updated on Sep 10, 2020For the quarter ended June 2020, GRASIM has posted a net profit of Rs 6 bn (down 65.6% YoY). Sales on the other hand came in at Rs 136 bn (down 27.8% YoY). Read on for a complete analysis of GRASIM's quarterly results.
GRASIM Announces Quarterly Results (3QFY20); Net Profit Down 6.2% (Quarterly Result Update)
Feb 17, 2020 | Updated on Feb 17, 2020For the quarter ended December 2019, GRASIM has posted a net profit of Rs 10 bn (down 6.2% YoY). Sales on the other hand came in at Rs 192 bn (up 4.3% YoY). Read on for a complete analysis of GRASIM's quarterly results.
VARDHMAN TEXTILES Announces Quarterly Results (3QFY20); Net Profit Up 3.6% (Quarterly Result Update)
Feb 14, 2020 | Updated on Feb 14, 2020For the quarter ended December 2019, VARDHMAN TEXTILES has posted a net profit of Rs 2 bn (up 3.6% YoY). Sales on the other hand came in at Rs 18 bn (up 5.5% YoY). Read on for a complete analysis of VARDHMAN TEXTILES's quarterly results.
VARDHMAN TEXTILES Announces Quarterly Results (2QFY20); Net Profit Down 40.1% (Quarterly Result Update)
Nov 12, 2019 | Updated on Nov 12, 2019For the quarter ended September 2019, VARDHMAN TEXTILES has posted a net profit of Rs 1 bn (down 40.1% YoY). Sales on the other hand came in at Rs 17 bn (down 1.3% YoY). Read on for a complete analysis of VARDHMAN TEXTILES's quarterly results.
GRASIM Announces Quarterly Results (1QFY20); Net Profit Up 24.2% (Quarterly Result Update)
Aug 26, 2019 | Updated on Aug 26, 2019For the quarter ended June 2019, GRASIM has posted a net profit of Rs 17 bn (up 24.2% YoY). Sales on the other hand came in at Rs 189 bn (up 11.9% YoY). Read on for a complete analysis of GRASIM's quarterly results.
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