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Compare JAYASWAL NECO with GRINDWELL NORTON - Equitymaster

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JAYASWAL NECO vs GRINDWELL NORTON - Comparison Results

JAYASWAL NECO     Change

Jayaswals Neco Ltd (JNL) is an amalgam of three Neco group companies, Nagpur Engineering Company Ltd (Neco), Nagpur Alloy Castings Ltd (NACL) and the erstwhile Jayaswals Neco Ltd (JNL). NACL and the erstwhile JNL were amalgamated into Neco and the co... More

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

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Current Valuations

    JAYASWAL NECO GRINDWELL NORTON JAYASWAL NECO/
GRINDWELL NORTON
 
P/E (TTM) x -0.6 37.2 - View Chart
P/BV x 0.1 6.3 2.2% View Chart
Dividend Yield % 0.0 0.9 -  

Financials

 JAYASWAL NECO   GRINDWELL NORTON
EQUITY SHARE DATA
    JAYASWAL NECO
Mar-18
GRINDWELL NORTON
Mar-18
JAYASWAL NECO/
GRINDWELL NORTON
5-Yr Chart
Click to enlarge
High Rs13560 2.2%   
Low Rs7348 2.0%   
Sales per share (Unadj.) Rs54.5129.2 42.1%  
Earnings per share (Unadj.) Rs-7.713.6 -56.5%  
Cash flow per share (Unadj.) Rs-3.417.7 -19.3%  
Dividends per share (Unadj.) Rs05.00 0.0%  
Dividend yield (eoy) %01.1 0.0%  
Book value per share (Unadj.) Rs28.089.5 31.3%  
Shares outstanding (eoy) m638.63110.72 576.8%   
Bonus/Rights/Conversions ---  
Price / Sales ratio x0.23.5 5.0%   
Avg P/E ratio x-1.333.3 -3.8%  
P/CF ratio (eoy) x-2.825.7 -11.0%  
Price / Book Value ratio x0.35.1 6.8%  
Dividend payout %036.7 0.0%   
Avg Mkt Cap Rs m6,16350,272 12.3%   
No. of employees `0004.01.8 219.2%   
Total wages/salary Rs m1,9831,768 112.2%   
Avg. sales/employee Rs Th8,717.57,862.5 110.9%   
Avg. wages/employee Rs Th497.1971.4 51.2%   
Avg. net profit/employee Rs Th-1,231.8829.1 -148.6%   
INCOME DATA
Net Sales Rs m34,77414,310 243.0%  
Other income Rs m246270 91.1%   
Total revenues Rs m35,02014,579 240.2%   
Gross profit Rs m3,0752,469 124.6%  
Depreciation Rs m2,730448 608.8%   
Interest Rs m6,58215 43,018.3%   
Profit before tax Rs m-5,9912,275 -263.4%   
Minority Interest Rs m00-   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m710-   
Tax Rs m-1,007766 -131.5%   
Profit after tax Rs m-4,9141,509 -325.6%  
Gross profit margin %8.817.3 51.3%  
Effective tax rate %16.833.7 49.9%   
Net profit margin %-14.110.5 -134.0%  
BALANCE SHEET DATA
Current assets Rs m13,3607,764 172.1%   
Current liabilities Rs m30,1252,930 1,028.1%   
Net working cap to sales %-48.233.8 -142.7%  
Current ratio x0.42.6 16.7%  
Inventory Days Days5769 82.2%  
Debtors Days Days5945 130.3%  
Net fixed assets Rs m53,9273,667 1,470.5%   
Share capital Rs m6,386554 1,153.6%   
"Free" reserves Rs m11,4999,352 123.0%   
Net worth Rs m17,8859,905 180.6%   
Long term debt Rs m26,0250-   
Total assets Rs m67,65313,438 503.4%  
Interest coverage x0.1149.7 0.1%   
Debt to equity ratio x1.50-  
Sales to assets ratio x0.51.1 48.3%   
Return on assets %2.511.3 21.7%  
Return on equity %-27.515.2 -180.3%  
Return on capital %1.523.1 6.5%  
Exports to sales %00-   
Imports to sales %00-   
Exports (fob) Rs mNANA-   
Imports (cif) Rs mNANA-   
Fx inflow Rs m932,427 3.8%   
Fx outflow Rs m5265,057 10.4%   
Net fx Rs m-432-2,630 16.4%   
CASH FLOW
From Operations Rs m2,5971,337 194.2%  
From Investments Rs m248-458 -54.1%  
From Financial Activity Rs m-2,252-601 374.7%  
Net Cashflow Rs m592299 198.2%  

Share Holding

Indian Promoters % 68.8 7.7 893.5%  
Foreign collaborators % 0.0 51.3 -  
Indian inst/Mut Fund % 2.2 10.1 21.7%  
FIIs % 0.0 3.0 -  
ADR/GDR % 0.0 0.0 -  
Free float % 29.0 27.9 103.9%  
Shareholders   41,592 12,133 342.8%  
Pledged promoter(s) holding % 12.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare JAYASWAL NECO With:   CUMMINS INDIA  KIRLOSKAR BROS.  PRAJ IND.LTD  BHAGYANAGAR IND  JINDAL SAW LTD  

Compare JAYASWAL NECO With:   SHANGHAI ELEC. (China)  ANSALDO STS (Italy)  DONGFANG ELEC. (China)  ABB (Switz.)  



Today's Market

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Another week of slowdown in the markets over fears of a looming slowdown in the domestic and global economy continue.

Related Views on News

GRINDWELL NORTON Announces Quarterly Results (1QFY20); Net Profit Down 1.6% (Quarterly Result Update)

Jul 29, 2019 | Updated on Jul 29, 2019

For the quarter ended June 2019, GRINDWELL NORTON has posted a net profit of Rs 429 m (down 1.6% YoY). Sales on the other hand came in at Rs 4 bn (up 7.9% YoY). Read on for a complete analysis of GRINDWELL NORTON's quarterly results.

GRINDWELL NORTON Announces Quarterly Results (4QFY19); Net Profit Down 3.4% (Quarterly Result Update)

Jun 3, 2019 | Updated on Jun 3, 2019

For the quarter ended March 2019, GRINDWELL NORTON has posted a net profit of Rs 428 m (down 3.4% YoY). Sales on the other hand came in at Rs 4 bn (up 5.7% YoY). Read on for a complete analysis of GRINDWELL NORTON's quarterly results.

JAYASWAL NECO Announces Quarterly Results (3QFY19); Net Profit Up 29.0% (Quarterly Result Update)

Feb 4, 2019 | Updated on Feb 4, 2019

For the quarter ended December 2018, JAYASWAL NECO has posted a net profit of Rs 1 bn (up 29.0% YoY). Sales on the other hand came in at Rs 11 bn (up 32.3% YoY). Read on for a complete analysis of JAYASWAL NECO's quarterly results.

GRINDWELL NORTON Announces Quarterly Results (2QFY19); Net Profit Up 13.0% (Quarterly Result Update)

Nov 12, 2018 | Updated on Nov 12, 2018

For the quarter ended September 2018, GRINDWELL NORTON has posted a net profit of Rs 407 m (up 13.0% YoY). Sales on the other hand came in at Rs 4 bn (up 21.0% YoY). Read on for a complete analysis of GRINDWELL NORTON's quarterly results.

JAYASWAL NECO Announces Quarterly Results (2QFY19); Net Profit Down 22.5% (Quarterly Result Update)

Nov 5, 2018 | Updated on Nov 5, 2018

For the quarter ended September 2018, JAYASWAL NECO has posted a net profit of Rs 862 m (down 22.5% YoY). Sales on the other hand came in at Rs 12 bn (up 40.1% YoY). Read on for a complete analysis of JAYASWAL NECO's quarterly results.

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Aug 23, 2019 (Close)

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