CARBORUNDUM UNIVERSAL | GRINDWELL NORTON | CARBORUNDUM UNIVERSAL/ GRINDWELL NORTON |
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P/E (TTM) | x | 60.2 | 61.4 | 98.0% | View Chart |
P/BV | x | 8.5 | 11.3 | 75.7% | View Chart |
Dividend Yield | % | 0.3 | 0.8 | 35.2% |
CARBORUNDUM UNIVERSAL GRINDWELL NORTON |
EQUITY SHARE DATA | |||||
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CARBORUNDUM UNIVERSAL Mar-24 |
GRINDWELL NORTON Mar-24 |
CARBORUNDUM UNIVERSAL/ GRINDWELL NORTON |
5-Yr Chart Click to enlarge
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High | Rs | 1,300 | 2,495 | 52.1% | |
Low | Rs | 968 | 1,802 | 53.7% | |
Sales per share (Unadj.) | Rs | 247.1 | 242.7 | 101.8% | |
Earnings per share (Unadj.) | Rs | 25.0 | 34.7 | 72.2% | |
Cash flow per share (Unadj.) | Rs | 35.1 | 41.1 | 85.3% | |
Dividends per share (Unadj.) | Rs | 4.00 | 17.00 | 23.5% | |
Avg Dividend yield | % | 0.4 | 0.8 | 44.6% | |
Book value per share (Unadj.) | Rs | 163.1 | 184.4 | 88.4% | |
Shares outstanding (eoy) | m | 190.26 | 110.72 | 171.8% | |
Bonus / Rights / Conversions | 0 | 0 | - | ||
Price / Sales ratio | x | 4.6 | 8.9 | 51.8% | |
Avg P/E ratio | x | 45.3 | 62.0 | 73.2% | |
P/CF ratio (eoy) | x | 32.4 | 52.3 | 61.9% | |
Price / Book Value ratio | x | 7.0 | 11.6 | 59.7% | |
Dividend payout | % | 16.0 | 49.0 | 32.6% | |
Avg Mkt Cap | Rs m | 215,795 | 237,863 | 90.7% | |
No. of employees | `000 | NA | NA | - | |
Total wages/salary | Rs m | 7,161 | 3,258 | 219.8% | |
Avg. sales/employee | Rs Th | 0 | 0 | - | |
Avg. wages/employee | Rs Th | 0 | 0 | - | |
Avg. net profit/employee | Rs Th | 0 | 0 | - |
INCOME DATA | |||||
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Net Sales | Rs m | 47,022 | 26,868 | 175.0% | |
Other income | Rs m | 788 | 683 | 115.3% | |
Total revenues | Rs m | 47,810 | 27,551 | 173.5% | |
Gross profit | Rs m | 7,806 | 5,187 | 150.5% | |
Depreciation | Rs m | 1,907 | 709 | 269.1% | |
Interest | Rs m | 183 | 78 | 236.4% | |
Profit before tax | Rs m | 6,502 | 5,083 | 127.9% | |
Minority Interest | Rs m | 0 | 0 | - | |
Prior Period Items | Rs m | 0 | 0 | - | |
Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
Tax | Rs m | 1,741 | 1,244 | 139.9% | |
Profit after tax | Rs m | 4,762 | 3,840 | 124.0% | |
Gross profit margin | % | 16.6 | 19.3 | 86.0% | |
Effective tax rate | % | 26.8 | 24.5 | 109.4% | |
Net profit margin | % | 10.1 | 14.3 | 70.9% |
BALANCE SHEET DATA | |||||
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Current assets | Rs m | 21,688 | 15,733 | 137.8% | |
Current liabilities | Rs m | 6,774 | 5,703 | 118.8% | |
Net working cap to sales | % | 31.7 | 37.3 | 85.0% | |
Current ratio | x | 3.2 | 2.8 | 116.1% | |
Inventory Days | Days | 18 | 103 | 17.6% | |
Debtors Days | Days | 53 | 486 | 10.9% | |
Net fixed assets | Rs m | 18,726 | 11,923 | 157.1% | |
Share capital | Rs m | 190 | 554 | 34.4% | |
"Free" reserves | Rs m | 30,840 | 19,865 | 155.2% | |
Net worth | Rs m | 31,030 | 20,419 | 152.0% | |
Long term debt | Rs m | 275 | 64 | 432.5% | |
Total assets | Rs m | 40,413 | 27,656 | 146.1% | |
Interest coverage | x | 36.5 | 66.5 | 54.8% | |
Debt to equity ratio | x | 0 | 0 | 284.6% | |
Sales to assets ratio | x | 1.2 | 1.0 | 119.8% | |
Return on assets | % | 12.2 | 14.2 | 86.4% | |
Return on equity | % | 15.3 | 18.8 | 81.6% | |
Return on capital | % | 21.4 | 25.2 | 84.8% | |
Exports to sales | % | 12.8 | 0 | - | |
Imports to sales | % | 12.9 | 27.5 | 47.0% | |
Exports (fob) | Rs m | 6,022 | NA | - | |
Imports (cif) | Rs m | 6,070 | 7,381 | 82.2% | |
Fx inflow | Rs m | 6,154 | 4,334 | 142.0% | |
Fx outflow | Rs m | 6,398 | 7,381 | 86.7% | |
Net fx | Rs m | -243 | -3,047 | 8.0% |
CASH FLOW | |||||
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From Operations | Rs m | 6,015 | 3,679 | 163.5% | |
From Investments | Rs m | -1,865 | -1,817 | 102.6% | |
From Financial Activity | Rs m | -2,140 | -1,749 | 122.4% | |
Net Cashflow | Rs m | 1,585 | 114 | 1,391.8% |
Indian Promoters | % | 40.5 | 6.7 | 604.0% | |
Foreign collaborators | % | 0.5 | 51.3 | 1.0% | |
Indian inst/Mut Fund | % | 40.8 | 24.9 | 163.4% | |
FIIs | % | 12.7 | 8.3 | 154.1% | |
ADR/GDR | % | 0.0 | 0.0 | - | |
Free float | % | 59.0 | 42.0 | 140.5% | |
Shareholders | 67,734 | 50,455 | 134.2% | ||
Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
No comparison is complete without understanding how the stock prices have performed over a period of time.
Here's a brief comparison:
Period | Carborundum Universal | GRINDWELL NORTON | S&P BSE CAPITAL GOODS |
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1-Day | -1.46% | 2.48% | 1.69% |
1-Month | -2.07% | -9.17% | -2.54% |
1-Year | 18.79% | -0.36% | 37.26% |
3-Year CAGR | 15.79% | 5.35% | 33.81% |
5-Year CAGR | 35.16% | 28.87% | 30.46% |
* Compound Annual Growth Rate
Here are more details on the Carborundum Universal share price and the GRINDWELL NORTON share price.
Moving on to shareholding structures...
The promoters of Carborundum Universal hold a 41.0% stake in the company. In case of GRINDWELL NORTON the stake stands at 58.0%.
To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of Carborundum Universal and the shareholding pattern of GRINDWELL NORTON.
Finally, a word on dividends...
In the most recent financial year, Carborundum Universal paid a dividend of Rs 4.0 per share. This amounted to a Dividend Payout ratio of 16.0%.
GRINDWELL NORTON paid Rs 17.0, and its dividend payout ratio stood at 49.0%.
You may visit here to review the dividend history of Carborundum Universal, and the dividend history of GRINDWELL NORTON.
For a sector overview, read our engineering sector report.
Asian markets traded higher on Friday, following the overnight rally on Wall Street, and the release of economic data in the region.