Company Profile

GRINDWELL NORTON LTD.

NSE : GRINDWELLBSE : 506076ISIN CODE : INE536A01023Industry : AbrasivesHouse : Grindwell Norton - MNC
BSE893.50-2.15 (-0.24 % )
PREV CLOSE (Rs.) 895.65
OPEN PRICE (Rs.) 929.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 2576
TODAY'S LOW / HIGH (Rs.)879.15 929.00
52 WK LOW / HIGH (Rs.)451.1 980
NSE899.90 5.8 (+0.65 % )
PREV CLOSE(Rs.) 894.10
OPEN PRICE (Rs.) 909.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 899.90 (28 )
VOLUME 58764
TODAY'S LOW / HIGH(Rs.) 889.00 915.00
52 WK LOW / HIGH (Rs.)451.55 980.95

Profit & Loss

(Rs in Million)
Particulars Mar 2020 Mar 2019 Mar 2018 Mar 2017 Mar 2016
INCOME :               
Gross Sales 15795.70 15980.60 14537.80 13638.00 12406.60
     Sales 14565.60 14785.60 13554.80 12861.60 11782.60
     Job Work/ Contract Receipts NA NA NA NA NA
     Processing Charges / Service Income 1103.30 1043.20 904.20 691.70 551.70
     Revenue from property development NA NA NA NA NA
     Other Operational Income 126.80 151.80 78.70 84.70 72.20
Less: Excise Duty NA NA 228.10 1004.40 900.80
Net Sales 15795.70 15980.60 14309.80 12633.60 11505.70
EXPENDITURE : NA NA NA NA NA
Increase/Decrease in Stock -24.50 -285.10 66.80 26.40 -206.60
Raw Material Consumed 7154.10 7380.40 6168.60 5517.80 5148.90
     Opening Raw Materials 1243.40 942.90 701.70 812.20 827.00
     Purchases Raw Materials 5559.50 6589.70 5345.70 4410.50 4287.20
     Closing Raw Materials 872.40 1243.40 942.90 701.70 827.00
     Other Direct Purchases / Brought in cost 1223.70 1091.20 1064.10 996.80 861.70
     Other raw material cost 0.00 0.00 0.00 0.00 0.00
Power & Fuel Cost 837.60 817.80 700.10 609.50 681.50
     Electricity & Power 837.60 817.80 700.10 609.50 681.50
     Oil, Fuel & Natural gas 0.00 0.00 0.00 0.00 0.00
     Coals etc 0.00 0.00 0.00 0.00 0.00
     Other power & fuel 0.00 0.00 0.00 0.00 0.00
Employee Cost 2048.40 1925.80 1767.90 1702.10 1483.30
     Salaries, Wages & Bonus 1742.80 1613.80 1486.50 1408.60 1269.60
     Contributions to EPF & Pension Funds 146.70 133.90 123.40 118.90 67.70
     Workmen and Staff Welfare Expenses 142.70 162.00 146.00 165.10 138.10
     Other Employees Cost 16.20 16.10 12.00 9.60 8.00
Other Manufacturing Expenses 1972.60 2111.20 1924.10 1679.30 1468.30
     Sub-contracted / Out sourced services NA NA NA NA NA
     Processing Charges 369.20 376.30 332.50 269.90 253.80
     Repairs and Maintenance 79.50 89.90 82.70 100.80 104.30
     Packing Material Consumed NA NA NA NA NA
     Other Mfg Exp 1524.00 1644.90 1508.90 1308.50 1110.20
General and Administration Expenses 734.10 864.50 782.10 798.30 628.60
     Rent , Rates & Taxes 72.20 150.30 167.80 203.70 102.30
     Insurance 19.20 17.90 20.90 18.20 20.40
     Printing and stationery NA NA NA NA NA
     Professional and legal fees NA NA NA NA NA
     Traveling and conveyance 175.10 205.70 177.90 174.30 175.50
     Other Administration 642.70 696.20 593.30 576.40 505.90
Selling and Distribution Expenses 41.30 30.70 16.90 11.70 57.10
     Advertisement & Sales Promotion NA NA NA NA NA
     Sales Commissions & Incentives 41.30 30.70 16.90 11.70 57.10
     Freight and Forwarding NA NA NA NA NA
     Handling and Clearing Charges 0.00 0.00 0.00 0.00 0.00
     Other Selling Expenses 0.00 0.00 0.00 0.00 0.00
Miscellaneous Expenses 387.70 417.10 414.30 357.30 409.40
     Bad debts /advances written off NA NA 1.70 1.20 3.90
     Provision for doubtful debts NA 3.20 19.70 2.00 8.60
     Losson disposal of fixed assets(net) 0.90 3.60 10.20 1.50 9.10
     Losson foreign exchange fluctuations NA NA NA NA NA
     Losson sale of non-trade current investments NA NA NA NA NA
     Other Miscellaneous Expenses 386.70 410.40 382.70 352.60 387.80
Less: Expenses Capitalised NA NA NA NA NA
Total Expenditure 13151.40 13262.50 11840.90 10702.50 9670.60
Operating Profit (Excl OI) 2644.30 2718.20 2468.90 1931.20 1835.10
Other Income 404.50 353.60 269.50 308.50 225.80
     Interest Received 9.30 11.40 26.60 11.90 13.00
     Dividend Received NA NA NA 0.00 NA
     Profit on sale of Fixed Assets NA NA NA NA NA
     Profits on sale of Investments NA NA NA 79.60 73.80
     Provision Written Back 0.70 NA NA NA NA
     Foreign Exchange Gains 100.00 47.50 4.10 NA NA
     Others 294.50 294.70 238.70 216.90 139.00
Operating Profit 3048.80 3071.70 2738.30 2239.70 2060.90
Interest 44.70 15.00 15.30 20.10 24.20
     InterestonDebenture / Bonds NA NA NA NA NA
     Interest on Term Loan NA NA NA NA NA
     Intereston Fixed deposits NA NA NA NA NA
     Bank Charges etc NA NA NA NA NA
     Other Interest 44.70 15.00 15.30 20.10 24.20
PBDT 3004.10 3056.70 2723.00 2219.60 2036.70
Depreciation 577.80 452.30 448.40 422.50 425.80
Profit Before Taxation & Exceptional Items 2426.30 2604.40 2274.70 1797.20 1610.90
Exceptional Income / Expenses NA NA NA NA NA
Profit Before Tax 2426.30 2604.40 2274.70 1797.20 1610.90
Provision for Tax 587.40 917.20 765.80 588.30 547.00
     Current Income Tax 675.60 902.80 800.70 609.80 559.80
     Deferred Tax -88.10 14.50 -34.80 -21.50 -12.70
     Other taxes -176.20 28.90 -69.70 -43.00 -25.50
Profit After Tax 1838.90 1687.20 1508.90 1208.90 1063.80
Extra items NA NA NA NA NA
Minority Interest -13.70 -14.80 -11.40 -14.90 -11.50
Share of Associate 0.10 NA NA NA NA
Other Consolidated Items NA NA NA NA NA
Consolidated Net Profit 1825.20 1672.40 1497.50 1193.90 1052.30
Adjustments to PAT NA NA NA NA NA
Profit Balance B/F 5001.70 3988.20 3112.30 1984.70 1913.50
Appropriations 6826.90 5660.60 4609.80 3178.70 2965.80
     General Reserves NA NA 73.60 60.50 82.10
     Proposed Equity Dividend NA NA NA NA 359.80
     Corporate dividend tax NA NA NA NA 73.30
     Other Appropriation 826.70 658.90 548.10 5.80 465.90
Equity Dividend % 150.00 120.00 100.00 80.00 130.00
Earnings Per Share 16.00 15.00 14.00 11.00 19.00
Adjusted EPS 16.00 15.00 14.00 11.00 10.00