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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 21.3 44.5 48.0% View Chart
P/BV x 4.8 6.4 75.2% View Chart
Dividend Yield % 1.0 0.8 128.0%  

Financials

 TECHNO ELECTRIC   GRINDWELL NORTON
EQUITY SHARE DATA
    TECHNO ELECTRIC
Mar-14
GRINDWELL NORTON
Mar-17
TECHNO ELECTRIC/
GRINDWELL NORTON
5-Yr Chart
Click to enlarge
High Rs155749 20.7%   
Low Rs69309 22.4%   
Sales per share (Unadj.) Rs124.1114.1 108.7%  
Earnings per share (Unadj.) Rs15.310.9 140.3%  
Cash flow per share (Unadj.) Rs27.014.7 183.2%  
Dividends per share (Unadj.) Rs3.504.00 87.5%  
Dividend yield (eoy) %3.10.8 413.0%  
Book value per share (Unadj.) Rs146.680.7 181.8%  
Shares outstanding (eoy) m57.10110.72 51.6%   
Bonus/Rights/Conversions -B-  
Price / Sales ratio x0.94.6 19.5%   
Avg P/E ratio x7.348.4 15.1%  
P/CF ratio (eoy) x4.135.9 11.6%  
Price / Book Value ratio x0.86.6 11.7%  
Dividend payout %22.836.6 62.4%   
Avg Mkt Cap Rs m6,39558,527 10.9%   
No. of employees `0000.41.9 21.6%   
Total wages/salary Rs m2901,702 17.0%   
Avg. sales/employee Rs Th17,712.36,829.0 259.4%   
Avg. wages/employee Rs Th725.5920.1 78.9%   
Avg. net profit/employee Rs Th2,187.3653.5 334.7%   
INCOME DATA
Net Sales Rs m7,08512,634 56.1%  
Other income Rs m120309 38.9%   
Total revenues Rs m7,20512,942 55.7%   
Gross profit Rs m1,9251,931 99.7%  
Depreciation Rs m667423 157.8%   
Interest Rs m45420 2,260.7%   
Profit before tax Rs m9241,797 51.4%   
Minority Interest Rs m-120-   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m00-   
Tax Rs m38588 6.4%   
Profit after tax Rs m8751,209 72.4%  
Gross profit margin %27.215.3 177.8%  
Effective tax rate %4.132.7 12.4%   
Net profit margin %12.39.6 129.1%  
BALANCE SHEET DATA
Current assets Rs m5,0886,748 75.4%   
Current liabilities Rs m2,6262,615 100.4%   
Net working cap to sales %34.732.7 106.2%  
Current ratio x1.92.6 75.1%  
Inventory Days Days671 8.6%  
Debtors Days Days10637 288.4%  
Net fixed assets Rs m10,7293,743 286.6%   
Share capital Rs m114554 20.6%   
"Free" reserves Rs m7,7858,377 92.9%   
Net worth Rs m8,3718,930 93.7%   
Long term debt Rs m4,78519 24,924.0%   
Total assets Rs m16,49812,099 136.4%  
Interest coverage x3.090.4 3.4%   
Debt to equity ratio x0.60 26,588.9%  
Sales to assets ratio x0.41.0 41.1%   
Return on assets %8.110.2 79.3%  
Return on equity %10.513.5 77.2%  
Return on capital %10.420.3 51.2%  
Exports to sales %3.00-   
Imports to sales %6.80-   
Exports (fob) Rs m210NA-   
Imports (cif) Rs m479NA-   
Fx inflow Rs m2101,953 10.7%   
Fx outflow Rs m4903,866 12.7%   
Net fx Rs m-280-1,913 14.6%   
CASH FLOW
From Operations Rs m2,6081,611 161.9%  
From Investments Rs m-1,135-328 345.7%  
From Financial Activity Rs m-1,71025 -6,896.8%  
Net Cashflow Rs m-2370-  

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:   SANGHVI MOVERS  CG POWER & INDUSTRIAL SOLUTIONS LTD  GREAVES COTTON  WELSPUN CORP  BLUE STAR  

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



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