Company Profile

GRINDWELL NORTON LTD.

NSE : GRINDWELLBSE : 506076ISIN CODE : INE536A01023Industry : AbrasivesHouse : Grindwell Norton - MNC
BSE898.602.95 (+0.33 % )
PREV CLOSE (Rs.) 895.65
OPEN PRICE (Rs.) 929.00
BID PRICE (QTY) 896.85 (1 )
OFFER PRICE (QTY) 897.70 (3 )
VOLUME 600
TODAY'S LOW / HIGH (Rs.)879.15 929.00
52 WK LOW / HIGH (Rs.)451.1 980
NSE897.40 3.3 (+0.37 % )
PREV CLOSE(Rs.) 894.10
OPEN PRICE (Rs.) 909.00
BID PRICE (QTY) 897.25 (1 )
OFFER PRICE (QTY) 898.45 (3 )
VOLUME 3502
TODAY'S LOW / HIGH(Rs.) 890.30 915.00
52 WK LOW / HIGH (Rs.)451.55 980.95

Balance Sheet

(Rs in Million)
Particulars Mar 2020 Mar 2019 Mar 2018 Mar 2017 Mar 2016
EQUITY AND LIABILITIES NA NA NA NA NA
Share Capital 553.60 553.60 553.60 553.60 276.80
    Equity - Authorised 560.00 560.00 560.00 560.00 280.00
    Equity - Issued 553.60 553.60 553.60 553.60 276.80
    Equity Paid Up 553.60 553.60 553.60 553.60 276.80
    Equity Shares Forfeited 0.00 0.00 0.00 0.00 0.00
    Adjustments to Equity 0.00 0.00 0.00 0.00 0.00
    Preference Capital Paid Up 0.00 0.00 0.00 0.00 0.00
    Face Value 5.00 5.00 5.00 5.00 5.00
Share Warrants & Outstandings 70.43 54.27 38.21 0.00 16.59
Total Reserves 11249.23 10371.31 9313.43 8376.59 7338.28
    Securities Premium 279.08 279.08 279.08 279.08 348.28
    Capital Reserves 0.00 0.00 0.00 0.00 0.00
    Profit & Loss Account Balance 6000.25 5001.72 3988.16 3112.34 1984.70
    General Reserves 4020.13 4020.13 4020.13 3946.55 4093.69
    Other Reserves 949.76 1070.38 1026.05 1038.61 911.61
Reserve excluding Revaluation Reserve 11215.69 10337.77 9279.89 8343.06 7304.75
Revaluation reserve 33.53 33.53 33.53 33.53 33.53
Shareholder's Funds 11873.26 10979.18 9905.23 8930.19 7631.67
Minority Interest 135.75 138.56 123.79 112.37 97.47
Long-Term Borrowings 0.00 0.00 0.00 0.00 0.00
Secured Loans 0.00 0.00 0.00 19.23 27.82
    Non Convertible Debentures 0.00 0.00 0.00 0.00 0.00
    Converible Debentures & Bonds 0.00 0.00 0.00 0.00 0.00
    Packing Credit - Bank 0.00 0.00 0.00 0.00 0.00
    Inter Corporate & Security Deposit 0.00 0.00 0.00 0.00 0.00
    Term Loans - Banks 0.00 0.00 0.00 19.23 27.82
    Term Loans - Institutions 0.00 0.00 0.00 0.00 0.00
    Other Secured 0.00 0.00 0.00 0.00 0.00
Unsecured Loans 0.00 0.00 0.00 0.00 0.00
    Fixed Deposits - Public 0.00 0.00 0.00 0.00 0.00
    Loans and advances from subsidiaries 0.00 0.00 0.00 0.00 0.00
    Inter Corporate Deposits (Unsecured) 0.00 0.00 0.00 0.00 0.00
    Foreign Currency Convertible Notes 0.00 0.00 0.00 0.00 0.00
    Long Term Loan in Foreign Currency 0.00 0.00 0.00 0.00 0.00
    Loans - Banks 0.00 0.00 0.00 0.00 0.00
    Loans - Govt. 0.00 0.00 0.00 0.00 0.00
    Loans - Others 0.00 0.00 0.00 0.00 0.00
    Other Unsecured Loan 0.00 0.00 0.00 0.00 0.00
Deferred Tax Assets / Liabilities 119.65 232.15 213.22 229.68 250.54
    Deferred Tax Assets 169.01 194.40 224.74 197.03 54.58
    Deferred Tax Liability 288.66 426.56 437.96 426.71 305.12
Other Long Term Liabilities 136.11 12.56 15.59 19.82 22.87
Long Term Trade Payables 0.00 0.00 0.00 0.00 0.00
Long Term Provisions 229.73 203.15 203.52 172.81 0.00
Total Non-Current Liabilities 485.49 447.86 432.33 441.55 301.23
Current Liabilities NA NA NA NA NA
Trade Payables 2262.93 1807.19 1948.02 1655.85 833.24
    Sundry Creditors 2262.93 1807.19 1948.02 1655.85 833.24
    Acceptances 0.00 0.00 0.00 0.00 0.00
    Due to Subsidiaries- Trade Payables 0.00 0.00 0.00 0.00 0.00
Other Current Liabilities 863.03 824.16 654.70 752.32 1712.66
    Bank Overdraft / Short term credit 0.00 0.00 0.00 0.00 0.00
    Advances received from customers 116.83 147.77 83.68 0.00 0.00
    Interest Accrued But Not Due 0.00 0.00 0.00 0.00 0.00
    Share Application Money 0.00 0.00 0.00 0.00 0.00
    Current maturity of Debentures & Bonds 0.00 0.00 0.00 0.00 0.00
    Current maturity - Others 0.00 0.00 0.00 0.00 0.00
    Other Liabilities 746.20 676.39 571.02 752.32 1712.66
Short Term Borrowings 0.00 0.00 0.36 58.37 123.85
    Secured ST Loans repayable on Demands 0.00 0.00 0.36 31.16 123.85
    Working Capital Loans- Sec 0.00 0.00 0.00 22.72 87.86
    Buyers Credits - Unsec 0.00 0.00 0.00 0.00 0.00
    Commercial Borrowings- Unsec 0.00 0.00 0.00 0.00 0.00
    Other Unsecured Loans 0.00 0.00 0.00 4.49 -87.86
Short Term Provisions 296.98 255.90 327.14 148.35 190.52
    Proposed Equity Dividend 0.00 0.00 0.00 0.00 0.00
    Provision for Corporate Dividend Tax 0.00 0.00 0.00 0.00 0.00
    Provision for Tax 59.75 93.60 119.80 45.09 43.41
    Provision for post retirement benefits 0.00 0.00 0.00 0.00 0.00
    Preference Dividend 0.00 0.00 0.00 0.00 0.00
    Other Provisions 237.23 162.30 207.34 103.26 147.10
Total Current Liabilities 3422.94 2887.24 2930.23 2614.89 2860.27
Total Liabilities 15917.43 14452.84 13391.58 12099.00 10890.64
ASSETS NA NA NA NA NA
Gross Block 6123.46 5160.72 4690.13 4527.66 3929.90
Less: Accumulated Depreciation 2277.73 1710.03 1268.16 846.38 425.18
Less: Impairment of Assets 0.00 0.00 0.00 0.00 0.00
Net Block 3845.73 3450.69 3421.97 3681.28 3504.71
Lease Adjustment A/c 0.00 0.00 0.00 0.00 0.00
Capital Work in Progress 291.23 429.70 245.22 62.13 135.81
Non Current Investments 1688.05 1705.11 1707.98 1454.93 1349.43
Long Term Investment 1688.05 1705.11 1707.98 1454.93 1349.43
    Quoted 7.42 7.42 7.43 7.43 7.43
    Unquoted 1680.63 1697.69 1700.54 1447.50 1342.00
Long Term Loans & Advances 200.85 267.35 241.83 138.50 134.10
Other Non Current Assets 2.72 8.73 10.64 12.46 10.09
Total Non-Current Assets 6028.58 5861.58 5627.63 5349.29 5134.15
Current Assets Loans & Advances NA NA NA NA NA
Currents Investments 4138.94 121.37 0.00 0.00 0.00
    Quoted 0.00 0.00 0.00 0.00 0.00
    Unquoted 4138.94 121.37 0.00 0.00 0.00
Inventories 3033.44 3285.81 2718.93 2455.84 2579.53
    Raw Materials 872.45 1243.38 942.89 701.69 812.21
    Work-in Progress 885.50 725.86 562.04 539.37 582.49
    Finished Goods 468.54 575.05 464.60 668.79 671.53
    Packing Materials 0.00 0.00 0.00 0.00 0.00
    Stores  and Spare 152.85 144.65 127.49 142.42 114.52
    Other Inventory 654.10 596.86 621.91 403.58 398.77
Sundry Debtors 2050.35 2056.15 1770.90 1273.94 1335.39
    Debtors more than Six months 0.00 0.00 0.00 0.00 0.00
    Debtors Others 2112.78 2117.88 1829.42 1273.94 1335.39
Cash and Bank 146.87 2341.19 2722.26 2425.11 1240.67
    Cash in hand 2.46 2.49 3.12 3.28 3.62
    Balances at Bank 144.41 2338.70 2719.14 2421.84 1237.05
    Other cash and bank balances 0.00 0.00 0.00 0.00 0.00
Other Current Assets 131.11 262.14 102.44 187.19 145.34
    Interest accrued on Investments 0.00 0.00 0.00 0.00 0.00
    Interest accrued on Debentures 0.00 0.00 0.00 0.00 0.00
    Deposits with Government 0.00 0.00 0.00 0.00 0.00
    Interest accrued and or due on loans 0.00 0.00 0.00 0.00 0.00
    Prepaid Expenses 16.47 17.78 10.06 17.39 12.57
    Other current_assets 114.64 244.37 92.38 169.80 132.78
Short Term Loans and Advances 388.15 524.60 449.41 407.62 455.56
    Advances recoverable in cash or in kind 199.66 253.69 246.70 154.61 18.36
    Advance income tax and TDS 0.00 0.00 0.00 0.00 0.00
    Amounts due from directors 0.00 0.00 0.00 0.00 0.00
    Due From Subsidiaries 0.00 0.00 0.00 0.00 0.00
    Inter corporate deposits 0.00 0.00 0.00 0.00 0.00
    Corporate Deposits 0.00 0.00 0.00 0.00 0.00
    Other Loans & Advances 188.49 270.91 202.71 253.02 437.20
Total Current Assets 9888.85 8591.26 7763.95 6749.71 5756.49
Net Current Assets (Including Current Investments) 6465.91 5704.02 4833.73 4134.82 2896.22
Miscellaneous Expenses not written off 0.00 0.00 0.00 0.00 0.00
Total Assets 15917.43 14452.84 13391.58 12099.00 10890.64
Contingent Liabilities 321.83 728.62 707.12 707.70 747.45
Total Debt 0.00 0.00 0.36 77.60 151.68
Book Value 106.30 98.37 88.81 80.35 136.95
Adjusted Book Value 106.30 98.37 88.81 80.35 68.48