Nifty

:

20267.90

Sensex

:

67481.19

134.75 (0.67%)
492.75 (0.74%)

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Nifty
Sensex

:
:

20267.90
67481.19

134.75 (0.67%)
492.75 (0.74%)

Grindwell Norton Ltd.

Abrasives

Rating :

58/99

BSE: 506076 | NSE: GRINDWELL

Watchlist

NSE BSE

2109.00

01-Dec-2023

Open
High
Low
Previous Close

2094.35
2120.00
2090.50
2094.35

Volume
Traded Value (lacs)
52 Week High
52 Week Low

178112
3755.83
2495.00
1720.25

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

23,353.62
61.73
5

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

23,083.92
0.69%
12.69

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

10.16
9.72
15.77

EBITDA CAGR (%)

10 Years
5 Years
3 Years

13.26
12.87
9.58

PAT CAGR (%)

10 Years
5 Years
3 Years

15.74
16.69
14.79

P:E (Median)

8 Years
5 Years
3 Years

39.34
52.73
62.70

P:BV (Average)

8 Years
5 Years
3 Years

7.91
9.38
11.93

EV:EBITDA (Average)

8 Years
5 Years
3 Years

26.89
31.59
39.42

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Sep 23 Sep 22 Var% Jun 23 Jun 22 Var% Mar 23 Mar 22 Var% Dec 22 Dec 21 Var%
Net Sales 658.50 630.07 4.51% 660.09 634.28 4.07% 615.66 555.97 10.74% 554.77 499.66 11.03%
Expenses 528.64 509.03 3.85% 526.29 506.58 3.89% 489.20 433.54 12.84% 442.11 410.36 7.74%
EBITDA 129.86 121.04 7.29% 133.80 127.70 4.78% 126.46 122.43 3.29% 112.66 89.30 26.16%
EBIDTM 19.72% 19.21% 20.27% 20.13% 20.54% 22.02% 20.31% 17.87%
Other Income 22.59 14.98 50.80% 14.60 10.88 34.19% 21.45 11.53 86.04% 4.03 17.21 -76.58%
Interest 1.60 1.43 11.89% 1.93 0.49 293.88% 1.53 2.00 -23.50% 3.92 0.80 390.00%
Depreciation 16.52 15.06 9.69% 16.41 13.18 24.51% 13.64 12.68 7.57% 14.31 12.42 15.22%
PBT 131.13 119.53 9.70% 130.06 124.91 4.12% 132.74 119.28 11.28% 98.46 93.29 5.54%
Tax 33.10 29.16 13.51% 32.96 32.04 2.87% 33.86 30.58 10.73% 24.96 23.14 7.87%
PAT 98.03 90.37 8.48% 97.10 92.87 4.55% 98.88 88.70 11.48% 73.50 70.15 4.78%
PATM 14.89% 14.34% 14.71% 14.64% 16.06% 15.95% 13.25% 14.04%
EPS 8.86 8.16 8.58% 8.77 8.39 4.53% 8.93 8.01 11.49% 6.64 6.34 4.73%

Description Sep 23 Sep 22 Var% Jun 23 Jun 22 Var% Mar 23 Mar 22 Var% Dec 22 Dec 21 Var%
Net Sales 667.40 634.66 5.16% 668.35 638.00 4.76% 664.80 558.87 18.95% 603.88 501.88 20.32%
Expenses 535.97 512.20 4.64% 533.15 509.10 4.72% 535.51 435.23 23.04% 484.90 412.15 17.65%
EBITDA 131.43 122.46 7.32% 135.20 128.90 4.89% 129.29 123.64 4.57% 118.98 89.73 32.60%
EBIDTM 19.69% 19.30% 20.23% 20.20% 19.45% 22.12% 19.70% 17.88%
Other Income 22.59 14.98 50.80% 14.60 10.88 34.19% 21.16 11.56 83.04% 9.05 17.21 -47.41%
Interest 1.81 1.46 23.97% 2.16 0.52 315.38% 1.84 2.04 -9.80% 3.98 0.84 373.81%
Depreciation 16.92 15.57 8.67% 16.69 13.71 21.74% 15.29 13.20 15.83% 15.57 13.00 19.77%
PBT 135.29 120.41 12.36% 130.95 125.55 4.30% 133.32 119.96 11.14% 108.48 93.10 16.52%
Tax 33.09 29.52 12.09% 33.39 32.40 3.06% 34.40 29.77 15.55% 28.06 23.14 21.26%
PAT 102.20 90.89 12.44% 97.56 93.15 4.73% 98.92 90.19 9.68% 80.42 69.96 14.95%
PATM 15.31% 14.32% 14.60% 14.60% 14.88% 16.14% 13.32% 13.94%
EPS 9.20 8.13 13.16% 8.76 8.35 4.91% 8.96 8.10 10.62% 7.24 6.30 14.92%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone

Right to Left

Description TTM Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Net Sales 2,489.02 2,368.73 2,005.62 1,632.90 1,552.35 1,566.85 1,405.38 1,236.43 1,126.00 1,110.39 941.61 Net Sales Growth 7.29% 18.10% 22.83% 5.19% -0.93% 11.49% 13.66% 9.81% 1.41% 17.92% Cost Of Goods Sold 1,125.83 1,086.30 897.66 732.47 729.78 727.53 643.71 575.10 517.28 505.13 434.46 Gross Profit 1,363.19 1,282.43 1,107.96 900.43 822.58 839.33 761.67 661.33 608.72 605.26 507.15 GP Margin 54.77% 54.14% 55.24% 55.14% 52.99% 53.57% 54.20% 53.49% 54.06% 54.51% 53.86% Total Expenditure 1,986.24 1,891.02 1,606.32 1,317.97 1,300.37 1,307.72 1,169.06 1,055.69 957.95 945.93 810.81 Power & Fuel Cost - 103.89 77.88 58.53 66.53 63.12 51.63 42.78 50.19 60.49 57.78 % Of Sales - 4.39% 3.88% 3.58% 4.29% 4.03% 3.67% 3.46% 4.46% 5.45% 6.14% Employee Cost - 273.89 248.12 205.42 201.81 189.54 174.26 168.17 146.26 130.60 112.12 % Of Sales - 11.56% 12.37% 12.58% 13.00% 12.10% 12.40% 13.60% 12.99% 11.76% 11.91% Manufacturing Exp. - 245.72 227.05 193.08 188.84 201.78 182.73 159.22 141.19 134.95 110.03 % Of Sales - 10.37% 11.32% 11.82% 12.16% 12.88% 13.00% 12.88% 12.54% 12.15% 11.69% General & Admin Exp. - 108.15 91.01 69.24 72.94 85.62 77.55 75.88 61.99 50.48 42.74 % Of Sales - 4.57% 4.54% 4.24% 4.70% 5.46% 5.52% 6.14% 5.51% 4.55% 4.54% Selling & Distn. Exp. - 6.51 5.23 4.70 4.13 3.07 1.69 1.17 5.71 28.44 25.54 % Of Sales - 0.27% 0.26% 0.29% 0.27% 0.20% 0.12% 0.09% 0.51% 2.56% 2.71% Miscellaneous Exp. - 66.56 59.38 54.53 36.33 37.06 37.49 33.36 35.32 35.83 25.54 % Of Sales - 2.81% 2.96% 3.34% 2.34% 2.37% 2.67% 2.70% 3.14% 3.23% 2.99% EBITDA 502.78 477.71 399.30 314.93 251.98 259.13 236.32 180.74 168.05 164.46 130.80 EBITDA Margin 20.20% 20.17% 19.91% 19.29% 16.23% 16.54% 16.82% 14.62% 14.92% 14.81% 13.89% Other Income 62.67 52.99 55.53 59.84 46.31 37.67 29.01 32.94 24.59 20.66 15.45 Interest 8.98 6.66 3.96 3.24 4.28 1.48 1.05 1.10 0.69 0.56 0.45 Depreciation 60.88 54.86 51.24 51.89 54.66 42.22 42.18 39.83 36.85 35.34 25.94 PBT 492.39 469.18 399.62 319.64 239.37 253.10 222.11 172.74 155.10 149.23 119.87 Tax 124.88 118.49 101.63 77.56 56.41 89.26 74.95 56.73 52.96 48.21 37.55 Tax Rate 25.36% 25.25% 25.43% 24.26% 23.57% 35.27% 33.74% 32.84% 34.15% 32.31% 31.33% PAT 367.51 350.69 298.00 242.07 182.95 163.84 147.16 116.01 102.14 101.02 82.32 PAT before Minority Interest 367.51 350.69 298.00 242.07 182.95 163.84 147.16 116.01 102.14 101.02 82.32 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 14.77% 14.80% 14.86% 14.82% 11.79% 10.46% 10.47% 9.38% 9.07% 9.10% 8.74% PAT Growth 7.43% 17.68% 23.10% 32.31% 11.66% 11.33% 26.85% 13.58% 1.11% 22.72% EPS 33.20 31.68 26.92 21.87 16.53 14.80 13.29 10.48 9.23 9.13 7.44

Description TTM Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Net Sales 2,604.43 2,541.34 2,012.76 1,637.92 1,579.57 1,598.06 1,430.98 1,263.36 1,150.57 1,135.37 965.50 Net Sales Growth 11.61% 26.26% 22.89% 3.69% -1.16% 11.68% 13.27% 9.80% 1.34% 17.59% Cost Of Goods Sold 1,173.09 1,161.68 889.94 720.83 712.96 709.53 623.54 554.42 494.23 481.72 412.99 Gross Profit 1,431.34 1,379.66 1,122.82 917.09 866.60 888.53 807.43 708.94 656.34 653.65 552.52 GP Margin 54.96% 54.29% 55.79% 55.99% 54.86% 55.60% 56.42% 56.12% 57.04% 57.57% 57.23% Total Expenditure 2,089.53 2,043.39 1,613.86 1,322.71 1,315.14 1,326.25 1,184.09 1,070.25 967.06 955.40 822.16 Power & Fuel Cost - 115.81 85.15 67.55 83.76 81.78 70.01 60.95 68.15 76.21 74.80 % Of Sales - 4.56% 4.23% 4.12% 5.30% 5.12% 4.89% 4.82% 5.92% 6.71% 7.75% Employee Cost - 297.36 250.69 207.77 204.84 192.58 176.79 170.21 148.33 132.85 114.23 % Of Sales - 11.70% 12.46% 12.68% 12.97% 12.05% 12.35% 13.47% 12.89% 11.70% 11.83% Manufacturing Exp. - 260.54 229.33 194.95 197.26 211.12 192.41 167.93 146.83 140.64 115.54 % Of Sales - 10.25% 11.39% 11.90% 12.49% 13.21% 13.45% 13.29% 12.76% 12.39% 11.97% General & Admin Exp. - 110.19 92.91 70.07 73.41 86.45 78.21 79.83 62.86 51.24 43.38 % Of Sales - 4.34% 4.62% 4.28% 4.65% 5.41% 5.47% 6.32% 5.46% 4.51% 4.49% Selling & Distn. Exp. - 8.42 5.23 4.70 4.13 3.07 1.69 1.17 5.71 28.44 25.54 % Of Sales - 0.33% 0.26% 0.29% 0.26% 0.19% 0.12% 0.09% 0.50% 2.50% 2.65% Miscellaneous Exp. - 89.39 60.60 56.85 38.77 41.71 41.43 35.73 40.94 44.30 25.54 % Of Sales - 3.52% 3.01% 3.47% 2.45% 2.61% 2.90% 2.83% 3.56% 3.90% 3.70% EBITDA 514.90 497.95 398.90 315.21 264.43 271.81 246.89 193.11 183.51 179.97 143.34 EBITDA Margin 19.77% 19.59% 19.82% 19.24% 16.74% 17.01% 17.25% 15.29% 15.95% 15.85% 14.85% Other Income 67.40 57.75 55.56 59.84 40.45 35.36 26.95 30.85 22.58 18.35 13.44 Interest 9.79 7.80 4.12 3.42 4.47 1.50 1.53 2.01 2.42 2.91 3.05 Depreciation 64.47 60.15 53.47 54.36 57.78 45.23 44.84 42.25 42.58 41.61 31.83 PBT 508.04 487.76 396.87 317.27 242.63 260.44 227.47 179.72 161.09 153.79 121.90 Tax 128.94 124.37 100.81 79.46 58.74 91.72 76.58 58.83 54.70 49.60 37.48 Tax Rate 25.38% 25.50% 25.40% 25.04% 24.21% 35.22% 33.67% 32.73% 33.96% 32.25% 30.75% PAT 379.10 361.90 295.65 239.25 182.52 167.24 149.75 119.40 105.23 103.21 83.92 PAT before Minority Interest 379.75 361.52 295.08 237.81 183.89 168.72 150.89 120.89 106.38 104.19 84.42 Minority Interest 0.65 0.38 0.57 1.44 -1.37 -1.48 -1.14 -1.49 -1.15 -0.98 -0.50 PAT Margin 14.56% 14.24% 14.69% 14.61% 11.56% 10.47% 10.46% 9.45% 9.15% 9.09% 8.69% PAT Growth 10.14% 22.41% 23.57% 31.08% 9.14% 11.68% 25.42% 13.47% 1.96% 22.99% EPS 34.25 32.69 26.71 21.61 16.49 15.11 13.53 10.79 9.51 9.32 7.58

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone

Right to Left

Description Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Shareholder's Funds 1,789.14 1,563.04 1,357.06 1,176.67 1,086.83 982.84 887.92 761.45 617.02 561.28 Share Capital 55.36 55.36 55.36 55.36 55.36 55.36 55.36 27.68 27.68 27.68 Total Reserves 1,722.02 1,497.31 1,292.89 1,114.26 1,026.04 923.66 829.95 732.12 589.34 533.60 Non-Current Liabilities 473.98 454.59 50.59 50.15 48.77 47.51 47.21 30.61 38.25 43.18 Secured Loans 3.95 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Provisions 430.85 431.88 25.91 22.97 20.32 20.00 17.28 0.00 10.71 15.96 Current Liabilities 1,020.29 916.81 434.97 341.20 287.01 287.89 254.19 271.21 255.14 203.92 Trade Payables 264.73 320.61 312.27 227.73 180.59 190.87 164.01 84.03 85.60 72.33 Other Current Liabilities 152.78 112.52 93.28 84.47 81.58 65.43 73.91 166.81 113.59 85.87 Short Term Borrowings 0.00 0.00 0.00 0.00 0.00 0.00 2.72 3.00 2.27 0.00 Short Term Provisions 602.78 483.68 29.42 28.99 24.84 31.59 13.55 17.37 53.69 45.72 Total Liabilities 3,283.41 2,934.44 1,842.62 1,568.02 1,422.61 1,318.24 1,189.32 1,063.27 910.41 808.38 Net Block 434.03 365.62 348.10 360.44 321.28 316.76 341.43 322.31 326.75 337.56 Gross Block 767.85 661.73 607.57 573.25 480.44 434.74 417.94 359.09 544.28 522.13 Accumulated Depreciation 333.82 296.11 259.47 212.80 159.16 117.99 76.51 36.78 217.53 184.57 Non Current Assets 1,410.24 1,144.36 613.32 598.57 581.60 556.46 527.81 504.91 410.80 412.17 Capital Work in Progress 118.59 66.91 23.79 28.80 41.99 23.43 5.56 13.02 6.69 4.19 Non Current Investment 351.20 221.86 212.37 189.14 190.85 191.14 165.84 155.29 55.49 55.49 Long Term Loans & Adv. 470.33 463.54 28.78 19.91 26.60 24.07 13.74 13.29 21.87 14.94 Other Non Current Assets 36.09 26.44 0.29 0.27 0.87 1.06 1.25 1.01 0.00 0.00 Current Assets 1,873.16 1,790.09 1,229.30 969.44 841.01 761.78 661.51 558.36 499.62 396.21 Current Investments 435.23 330.25 521.40 413.89 12.14 0.00 0.00 0.00 0.00 0.00 Inventories 428.08 437.37 314.62 293.60 320.61 263.48 235.44 246.75 212.84 178.19 Sundry Debtors 241.08 236.28 199.76 200.63 201.98 173.24 123.42 126.37 125.71 85.75 Cash & Bank 131.84 267.88 122.08 6.92 230.04 269.64 242.34 123.88 113.11 84.38 Other Current Assets 636.92 25.33 22.62 17.08 76.24 55.42 60.31 61.36 47.95 47.89 Short Term Loans & Adv. 625.80 492.96 48.81 37.32 46.76 39.62 37.76 48.27 38.19 33.84 Net Current Assets 852.88 873.27 794.33 628.25 554.00 473.89 407.32 287.15 244.48 192.29 Total Assets 3,283.40 2,934.45 1,842.62 1,568.01 1,422.61 1,318.24 1,189.32 1,063.27 910.42 808.38

Description Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Shareholder's Funds 1,805.81 1,568.46 1,364.82 1,187.33 1,097.92 990.52 893.02 763.17 615.83 557.90 Share Capital 55.36 55.36 55.36 55.36 55.36 55.36 55.36 27.68 27.68 27.68 Total Reserves 1,738.69 1,502.72 1,300.66 1,124.92 1,037.13 931.34 837.66 733.83 588.15 530.22 Non-Current Liabilities 73.38 47.43 49.60 48.55 44.79 43.23 44.15 30.12 41.99 52.40 Secured Loans 3.95 0.00 0.00 0.00 0.00 0.00 1.92 2.78 6.38 11.77 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Provisions 33.64 26.77 25.91 22.97 20.32 20.35 17.28 0.00 10.79 16.07 Current Liabilities 515.65 488.46 435.51 342.29 288.72 293.02 261.49 286.03 273.79 215.54 Trade Payables 298.76 327.70 311.79 226.29 180.72 194.80 165.59 83.32 88.72 70.63 Other Current Liabilities 158.57 113.63 94.31 86.30 82.42 65.47 75.23 171.27 122.32 94.56 Short Term Borrowings 8.59 0.00 0.00 0.00 0.00 0.04 5.84 12.39 8.53 4.64 Short Term Provisions 49.73 47.13 29.42 29.70 25.59 32.71 14.84 19.05 54.22 45.72 Total Liabilities 2,405.92 2,115.92 1,862.06 1,591.74 1,445.29 1,339.15 1,209.90 1,089.07 940.20 833.46 Net Block 585.68 385.53 370.02 384.57 345.07 342.20 368.13 350.47 360.23 374.96 Gross Block 938.37 701.22 646.92 612.35 516.07 469.01 452.77 392.99 608.16 583.71 Accumulated Depreciation 352.68 315.69 276.90 227.77 171.00 126.82 84.64 42.52 247.93 208.75 Non Current Assets 1,027.42 738.12 615.19 602.86 586.16 562.76 534.93 513.42 424.12 430.71 Capital Work in Progress 124.21 67.11 24.00 29.12 42.97 24.52 6.21 13.58 6.73 5.52 Non Current Investment 206.84 200.47 191.97 168.81 170.51 170.80 145.49 134.94 35.15 35.15 Long Term Loans & Adv. 74.50 58.58 28.92 20.09 26.73 24.18 13.85 13.41 22.01 15.07 Other Non Current Assets 36.18 26.43 0.29 0.27 0.87 1.06 1.25 1.01 0.00 0.00 Current Assets 1,378.50 1,377.79 1,246.88 988.89 859.13 776.40 674.97 575.65 516.09 402.75 Current Investments 435.23 330.25 521.40 413.89 12.14 0.00 0.00 0.00 0.00 0.00 Inventories 463.94 447.61 322.54 303.34 328.58 271.89 245.58 257.95 225.05 184.53 Sundry Debtors 280.20 236.87 201.84 205.03 205.62 177.09 127.39 133.54 129.16 89.96 Cash & Bank 139.02 277.99 129.94 14.69 234.12 272.23 242.51 124.07 113.50 84.71 Other Current Assets 60.10 21.33 19.10 13.11 78.67 55.18 59.48 60.09 48.38 43.55 Short Term Loans & Adv. 49.57 63.73 52.06 38.82 52.46 44.94 40.76 45.56 41.23 33.71 Net Current Assets 862.85 889.33 811.37 646.59 570.40 483.37 413.48 289.62 242.30 187.20 Total Assets 2,405.92 2,115.91 1,862.07 1,591.75 1,445.29 1,339.16 1,209.90 1,089.07 940.21 833.46

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone

Right to Left

Description Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Cash From Operating Activity 341.05 185.52 330.74 307.08 81.88 124.28 160.76 131.24 98.10 96.13 PBT 469.18 399.62 319.64 239.37 253.10 222.11 172.74 155.10 149.23 119.87 Adjustment 26.26 30.13 22.73 31.85 27.88 26.63 32.36 30.14 31.21 23.85 Changes in Working Capital -33.15 -144.57 64.95 104.18 -107.95 -53.44 12.36 -5.90 -31.71 -16.07 Cash after chg. in Working capital 462.28 285.19 407.32 375.39 173.03 195.31 217.47 179.34 148.73 127.65 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -121.24 -99.67 -76.58 -68.31 -91.15 -71.03 -56.71 -48.10 -50.63 -31.53 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -202.32 -55.22 -225.47 -437.16 -52.54 -42.53 -42.77 -36.76 -28.99 -24.78 Net Fixed Assets -157.80 -97.28 -29.31 -79.62 -64.26 -34.67 -51.39 178.86 -24.65 -19.62 Net Investments -234.32 181.66 -130.74 -400.04 -11.85 -25.30 -10.55 -99.80 0.00 -4.31 Others 189.80 -139.60 -65.42 42.50 23.57 17.44 19.17 -115.82 -4.34 -0.85 Cash from Financing Activity -138.67 -113.53 -94.69 -93.07 -68.22 -57.07 7.42 -92.03 -39.74 -42.55 Net Cash Inflow / Outflow 0.06 16.77 10.59 -223.15 -38.89 24.68 125.41 2.45 29.36 28.80 Opening Cash & Equivalents 32.67 15.90 5.31 228.46 268.27 240.65 115.24 113.94 82.24 53.44 Closing Cash & Equivalent 32.73 32.67 15.90 5.31 228.46 268.27 240.65 116.39 111.61 82.24

Description Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Cash From Operating Activity 355.70 186.58 331.28 317.58 84.54 133.89 169.81 139.20 105.51 106.42 PBT 485.90 395.89 317.20 242.64 260.44 227.47 179.72 161.09 153.79 121.90 Adjustment 37.89 33.47 25.44 39.02 30.91 29.78 35.68 37.60 40.02 32.34 Changes in Working Capital -44.94 -143.06 67.25 106.00 -113.46 -50.88 15.31 -10.44 -36.04 -14.41 Cash after chg. in Working capital 478.85 286.30 409.89 387.65 177.90 206.36 230.71 188.25 157.77 139.84 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -123.15 -99.72 -78.61 -70.07 -93.35 -72.47 -60.90 -49.05 -52.26 -33.41 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -222.89 -53.60 -229.58 -442.06 -53.79 -44.37 -43.80 -37.64 -30.22 -26.38 Net Fixed Assets -157.80 -97.28 -29.31 -79.62 -64.26 -34.67 -51.39 178.86 -24.65 -19.62 Net Investments -234.32 181.66 -130.74 -400.04 -11.85 -25.30 -10.55 -99.80 0.00 -4.31 Others 169.23 -137.98 -69.53 37.60 22.32 15.60 18.14 -116.70 -5.57 -2.45 Cash from Financing Activity -140.18 -113.88 -95.03 -95.06 -68.24 -60.29 2.89 -99.32 -45.85 -51.16 Net Cash Inflow / Outflow -7.38 19.10 6.67 -219.54 -37.48 29.23 128.90 2.23 29.44 28.88 Opening Cash & Equivalents 38.40 19.30 12.63 232.17 269.65 238.40 109.51 114.21 82.43 53.55 Closing Cash & Equivalent 39.61 38.40 19.30 12.63 232.17 270.57 238.40 116.44 111.87 82.43

Financial Ratios

Consolidated /

Standalone

Right to Left

Description Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Book Value (Rs.) 160.23 139.93 121.47 105.34 97.37 88.12 79.66 68.32 110.85 100.75 ROA 11.28% 12.48% 14.20% 12.24% 11.96% 11.74% 10.30% 10.35% 11.77% 10.55% ROE 21.10% 20.59% 19.28% 16.30% 15.96% 15.84% 14.16% 14.91% 17.25% 15.31% ROCE 28.35% 27.69% 25.55% 21.59% 24.68% 23.91% 21.09% 22.63% 25.52% 22.38% Fixed Asset Turnover 3.38 3.22 2.80 2.95 3.42 3.35 3.44 2.69 2.24 2.10 Receivable days 36.02 38.90 44.19 47.33 43.70 37.91 34.10 37.83 31.37 32.51 Inventory Days 65.31 67.09 67.12 72.21 68.03 63.75 65.83 68.97 59.74 59.48 Payable days 98.34 128.67 134.55 60.42 54.64 59.44 45.75 33.79 31.85 31.74 Cash Conversion Cycle 2.99 -22.67 -23.24 59.12 57.10 42.22 54.17 73.01 59.25 60.25 Total Debt/Equity 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Interest Cover 71.46 101.92 99.58 56.93 171.49 213.18 157.39 225.84 269.50 270.26

Description Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Book Value (Rs.) 161.73 140.42 122.17 106.30 98.37 88.81 80.35 68.47 110.64 100.14 ROA 15.99% 14.84% 13.77% 12.11% 12.12% 11.84% 10.52% 10.48% 11.77% 10.44% ROE 21.61% 20.30% 18.80% 16.23% 16.28% 16.11% 14.67% 15.52% 17.86% 15.83% ROCE 29.15% 27.32% 25.20% 21.69% 25.17% 24.30% 21.73% 23.32% 26.16% 22.60% Fixed Asset Turnover 3.16 3.05 2.63 2.80 3.24 3.15 3.23 2.48 2.05 1.91 Receivable days 36.42 39.00 44.77 47.45 43.71 38.22 34.92 38.64 31.87 32.64 Inventory Days 64.20 68.47 68.86 73.01 68.57 64.96 67.38 71.05 61.29 60.32 Payable days 98.42 131.14 136.23 59.46 54.51 59.66 45.41 33.96 31.82 30.26 Cash Conversion Cycle 2.21 -23.66 -22.61 60.99 57.77 43.52 56.89 75.74 61.34 62.69 Total Debt/Equity 0.01 0.00 0.00 0.00 0.00 0.00 0.01 0.02 0.02 0.03 Interest Cover 63.29 97.08 93.82 55.30 174.68 149.43 90.62 67.69 53.77 40.92

Top Investors:

sbi small cap fund

axis mutual fund trustee limited a/c axis mutual fund a/c axis midcap fund

uti flexi cap fund

sundaram mutual fund a/c sundaram mid cap fund

hsbc small cap fund

investor education and protection fund (iepf)

Annual Reports:

News Update:

Grindwell Norton - Quarterly Results
8th Nov 2023, 14:09 PM

Read More
Grindwell Norton to sell 49% stake held in SGSR
30th Oct 2023, 12:19 PM

The sale will be completed on fulfillment of closing conditions
Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.

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