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Compare TECHNO ELECTRIC with GRINDWELL NORTON - Equitymaster
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TECHNO ELECTRIC vs GRINDWELL NORTON - Comparison Results

GRINDWELL NORTON 
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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

    TECHNO ELECTRIC GRINDWELL NORTON TECHNO ELECTRIC/
GRINDWELL NORTON
 
P/E (TTM) x 22.1 17.9 123.4% View Chart
P/BV x 5.0 3.2 153.9% View Chart
Dividend Yield % 1.0 1.6 58.1%  

Financials

 TECHNO ELECTRIC   GRINDWELL NORTON
EQUITY SHARE DATA
    TECHNO ELECTRIC
Mar-14
GRINDWELL NORTON
Mar-16
TECHNO ELECTRIC/
GRINDWELL NORTON
5-Yr Chart
Click to enlarge
High Rs155814 19.1%   
Low Rs69595 11.6%   
Sales per share (Unadj.) Rs124.1213.6 58.1%  
Earnings per share (Unadj.) Rs15.318.9 81.1%  
Cash flow per share (Unadj.) Rs27.026.5 102.0%  
Dividends per share (Unadj.) Rs3.506.50 53.8%  
Dividend yield (eoy) %3.10.9 338.7%  
Book value per share (Unadj.) Rs146.6121.7 120.5%  
Shares outstanding (eoy) m57.1055.36 103.1%   
Bonus/Rights/Conversions ---  
Price / Sales ratio x0.93.3 27.4%   
Avg P/E ratio x7.337.3 19.6%  
P/CF ratio (eoy) x4.126.6 15.6%  
Price / Book Value ratio x0.85.8 13.2%  
Dividend payout %22.834.4 66.4%   
Avg Mkt Cap Rs m6,39538,998 16.4%   
No. of employees `0000.41.8 22.3%   
Total wages/salary Rs m2901,526 19.0%   
Avg. sales/employee Rs Th17,712.36,596.3 268.5%   
Avg. wages/employee Rs Th725.5851.1 85.2%   
Avg. net profit/employee Rs Th2,187.3583.4 374.9%   
INCOME DATA
Net Sales Rs m7,08511,827 59.9%  
Other income Rs m120208 57.6%   
Total revenues Rs m7,20512,035 59.9%   
Gross profit Rs m1,9251,820 105.8%  
Depreciation Rs m667419 159.0%   
Interest Rs m45424 1,917.3%   
Profit before tax Rs m9241,586 58.3%   
Minority Interest Rs m-12-12 102.6%   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m00-   
Tax Rs m38528 7.1%   
Profit after tax Rs m8751,046 83.6%  
Gross profit margin %27.215.4 176.6%  
Effective tax rate %4.133.3 12.2%   
Net profit margin %12.38.8 139.6%  
BALANCE SHEET DATA
Current assets Rs m5,0885,723 88.9%   
Current liabilities Rs m2,6262,729 96.2%   
Net working cap to sales %34.725.3 137.3%  
Current ratio x1.92.1 92.4%  
Inventory Days Days676 8.0%  
Debtors Days Days10646 229.2%  
Net fixed assets Rs m10,7293,581 299.6%   
Share capital Rs m114277 41.3%   
"Free" reserves Rs m7,7856,461 120.5%   
Net worth Rs m8,3716,738 124.2%   
Long term debt Rs m4,78528 17,213.7%   
Total assets Rs m16,4989,950 165.8%  
Interest coverage x3.067.9 4.5%   
Debt to equity ratio x0.60 13,855.2%  
Sales to assets ratio x0.41.2 36.1%   
Return on assets %8.110.8 74.9%  
Return on equity %10.515.5 67.3%  
Return on capital %10.423.6 44.0%  
Exports to sales %3.011.1 26.8%   
Imports to sales %6.828.4 23.8%   
Exports (fob) Rs m2101,307 16.0%   
Imports (cif) Rs m4793,356 14.3%   
Fx inflow Rs m2101,852 11.3%   
Fx outflow Rs m4903,555 13.8%   
Net fx Rs m-280-1,703 16.4%   
CASH FLOW
From Operations Rs m2,6081,358 192.0%  
From Investments Rs m-1,135-367 309.0%  
From Financial Activity Rs m-1,710-978 174.9%  
Net Cashflow Rs m-23713 -1,784.2%  

Share Holding

Indian Promoters % 58.0 7.7 753.2%  
Foreign collaborators % 0.0 51.3 -  
Indian inst/Mut Fund % 7.2 10.1 71.1%  
FIIs % 5.5 3.0 183.3%  
ADR/GDR % 0.0 0.0 -  
Free float % 29.3 27.9 105.0%  
Shareholders   3,979 12,133 32.8%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare TECHNO ELECTRIC With:   WENDT (INDIA)  PHOENIX LAMPS  VA TECH WABAG  BEML LTD.  VOLTAS  

Compare TECHNO ELECTRIC With:   SHANGHAI ELEC. (China)  DONGFANG ELEC. (China)  ANSALDO STS (Italy)  ABB (Switz.)  



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Aug 18, 2017 (Close)

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