Grindwell Norton Ltd


BSE: 506076 | NSE: GRINDWELL | ISIN: INE536A01023 
Market Cap: [Rs.Cr.] 1,403 | Face Value: [Rs.] 5
Industry: Abrasives And Grinding Wheels

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Balance Sheet

(Rs. in Crores)
ParticularsMar-12Mar-11Mar-10Dec-08Dec-07Dec-06
SOURCES OF FUNDS :      
Share Capital 27.6827.6827.6827.6827.6827.68
Reserves Total 438.15376.51329.65281.08252.15170.63
Total Shareholders Funds465.83404.19357.33308.76279.83198.31
Secured Loans 0.000.000.000.000.000.00
Unsecured Loans 0.000.000.000.002.272.27
Total Debt0.000.000.000.002.272.27
Total Liabilities465.83404.19357.33308.76282.10200.58
APPLICATION OF FUNDS :      
Gross Block 341.62316.07295.92258.24225.64199.36
Less : Accumulated Depreciation 144.56129.23113.58100.4688.8680.48
Less:Impairment of Assets0.000.000.000.000.000.00
Net Block 197.06186.84182.34157.78136.78118.88
Lease Adjustment0.000.000.000.000.000.00
Capital Work in Progress81.5612.536.8223.4922.397.01
Investments 45.3452.6150.1362.7278.0152.65
Current Assets, Loans & Advances      
Inventories 159.99124.7993.55100.8470.2149.88
Sundry Debtors 95.4691.3284.9970.7082.4561.32
Cash and Bank73.1494.6981.9616.5221.5610.20
Loans and Advances 33.3222.4828.1222.9124.04116.61
Total Current Assets361.91333.28288.62210.97198.26238.01
Less : Current Liabilities and Provisions      
Current Liabilities 174.84124.96113.7599.28103.4774.75
Provisions 45.3839.8048.7542.5546.02137.93
Total Current Liabilities220.22164.76162.50141.83149.49212.68
Net Current Assets141.69168.52126.1269.1448.7725.33
Miscellaneous Expenses not written off 0.000.000.000.000.000.00
Deferred Tax Assets9.307.987.788.877.516.67
Deferred Tax Liability20.1017.0615.8613.2411.369.96
Net Deferred Tax-10.80-9.08-8.08-4.37-3.85-3.29
Total Assets454.85411.42357.33308.76282.10200.58
Contingent Liabilities61.8357.4822.4035.2912.4818.06

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
Carborundum Uni. 2,380.92 31.92 3.49 12.03 25.3 29.1 0.23
Grindwell Norton 1,403.38 14.37 2.71 8.82 24.0 33.1 0.00
Wendt India 220.02 21.74 2.89 11.11 27.1 39.7 0.00
Orient Abrasives 210.74 13.25 1.60 4.49 5.8 8.2 0.47
John Oakey Moh. 1.72 1.43 0.18 0.00 17.7 23.1 0.43
Unidiam Abras. 0.24 0.00 0.14 0.00 0.0 14.3 1.92
Valley Abrasives 0.06 0.00 0.01 0.00 49.2 -8.2 3.34

Futures & Options Quote

 
Expiry Date
NA
Instrument: NA
Expiry Date: NA
Strike Price: NA
Open Price: NA
Average Price: NA
No. of Contracts Traded: NA
Open Interest: NA
Underlying: NA
Option Type: NA
Market Lot: NA
Previous Close: NA
Day’s High | Low: NA | NA
Turnover (Cr.): NA
Open Int. Change: NA | NA
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Key Information

Key Executives:

M A Chupin , Director 

J P Floris , Director 

P Millot , Director 

M M Narang , Director 


Company Head Office / Quarters:
Leela Business Park 5th level,
Andheri-Kurla Rd Andheri(East),
Mumbai,
Maharashtra-400059
Phone : 91-22-40212121
Fax : 91-22-40212102
E-mail : anand.mahajan@saint.gobain.com
Web : http://www.grindwellnorton.co.in
Registrars:
TSR Darashaw Ltd
6-10 Haji Moosa
Patrawala Ind.Estate
DrEMoses Rd Mahalaxm
Mumbai - 400 011

Calendar

May-2013
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