Balance Sheet

GRINDWELL NORTON LTD.

NSE : GRINDWELLBSE : 506076ISIN CODE : INE536A01023Industry : AbrasivesHouse : Grindwell Norton - MNC
BSE2041.406.05 (+0.3 %)
PREV CLOSE ( ) 2035.35
OPEN PRICE ( ) 2019.85
BID PRICE (QTY) 2039.65 (3)
OFFER PRICE (QTY) 2044.50 (7)
VOLUME 1295
TODAY'S LOW / HIGH ( )2009.35 2058.05
52 WK LOW / HIGH ( )1822.75 2494.55
NSE2050.0015.65 (+0.77 %)
PREV CLOSE( ) 2034.35
OPEN PRICE ( ) 2034.35
BID PRICE (QTY) 2048.00 (13)
OFFER PRICE (QTY) 2050.00 (338)
VOLUME 31071
TODAY'S LOW / HIGH( ) 2011.70 2059.65
52 WK LOW / HIGH ( )1820 2495
Select year
( in Million)
ParticularsMar2023Mar2022Mar2021Mar2020Mar2019
EQUITY AND LIABILITIES
Share Capital553.60553.60553.60553.60553.60
    Equity - Authorised560.00560.00560.00560.00560.00
    Equity - Issued553.60553.60553.60553.60553.60
    Equity Paid Up553.60553.60553.60553.60553.60
    Equity Shares Forfeited0.000.000.000.000.00
    Adjustments to Equity0.000.000.000.000.00
    Preference Capital Paid Up0.000.000.000.000.00
    Face Value5.005.005.005.005.00
Share Warrants & Outstandings117.61103.7488.0770.4354.27
Total Reserves17386.8715027.2313006.5811249.2310371.31
    Securities Premium279.08279.08279.08279.08279.08
    Capital Reserves0.000.000.000.000.00
    Profit & Loss Account Balance11704.559422.087542.446000.255001.72
    General Reserves4020.134020.134020.134020.134020.13
    Other Reserves1383.111305.931164.92949.761070.38
Reserve excluding Revaluation Reserve17353.3414993.7012973.0411215.6910337.77
Revaluation reserve33.5333.5333.5333.5333.53
Shareholder's Funds18058.0915684.5713648.2511873.2610979.18
Minority Interest110.75115.65121.34135.75138.56
Long-Term Borrowings0.000.000.000.000.00
Secured Loans39.520.000.000.000.00
    Non Convertible Debentures0.000.000.000.000.00
    Converible Debentures & Bonds0.000.000.000.000.00
    Packing Credit - Bank0.000.000.000.000.00
    Inter Corporate & Security Deposit0.000.000.000.000.00
    Term Loans - Banks39.520.000.000.000.00
    Term Loans - Institutions0.000.000.000.000.00
    Other Secured0.000.000.000.000.00
Unsecured Loans0.000.000.000.000.00
    Fixed Deposits - Public0.000.000.000.000.00
    Loans and advances from subsidiaries0.000.000.000.000.00
    Inter Corporate Deposits (Unsecured)0.000.000.000.000.00
    Foreign Currency Convertible Notes0.000.000.000.000.00
    Long Term Loan in Foreign Currency0.000.000.000.000.00
    Loans - Banks0.000.000.000.000.00
    Loans - Govt.0.000.000.000.000.00
    Loans - Others0.000.000.000.000.00
    Other Unsecured Loan0.000.000.000.000.00
Deferred Tax Assets / Liabilities98.76120.88167.14119.65232.15
    Deferred Tax Assets254.76212.76158.21169.01194.40
    Deferred Tax Liability353.52333.64325.35288.66426.56
Other Long Term Liabilities259.2285.6269.78136.1112.56
Long Term Trade Payables0.000.000.000.000.00
Long Term Provisions336.35267.75259.07229.73203.15
Total Non-Current Liabilities733.85474.25495.99485.49447.86
Current Liabilities
Trade Payables2987.593277.003117.882262.931807.19
    Sundry Creditors2987.593277.003117.882262.931807.19
    Acceptances0.000.000.000.000.00
    Due to Subsidiaries- Trade Payables0.000.000.000.000.00
Other Current Liabilities1585.751136.30943.08863.03824.16
    Bank Overdraft / Short term credit0.000.000.000.000.00
    Advances received from customers295.26200.39121.05116.83147.77
    Interest Accrued But Not Due0.000.000.000.000.00
    Share Application Money0.000.000.000.000.00
    Current maturity of Debentures & Bonds0.000.000.000.000.00
    Current maturity - Others0.000.000.000.000.00
    Other Liabilities1290.49935.91822.03746.20676.39
Short Term Borrowings85.900.000.000.000.00
    Secured ST Loans repayable on Demands0.000.000.000.000.00
    Working Capital Loans- Sec0.000.000.000.000.00
    Buyers Credits - Unsec0.000.000.000.000.00
    Commercial Borrowings- Unsec0.000.000.000.000.00
    Other Unsecured Loans85.900.000.000.000.00
Short Term Provisions497.27471.28294.16296.98255.90
    Proposed Equity Dividend0.000.000.000.000.00
    Provision for Corporate Dividend Tax0.000.000.000.000.00
    Provision for Tax251.05219.8467.9159.7593.60
    Provision for post retirement benefits0.000.000.000.000.00
    Preference Dividend0.000.000.000.000.00
    Other Provisions246.22251.44226.26237.23162.30
Total Current Liabilities5156.514884.584355.123422.942887.24
Total Liabilities24059.2021159.0618620.6915917.4314452.84
ASSETS
Gross Block9383.677012.246469.186123.465160.72
Less: Accumulated Depreciation3526.823156.922769.012277.731710.03
Less: Impairment of Assets0.000.000.000.000.00
Net Block5856.853855.323700.173845.733450.69
Lease Adjustment A/c0.000.000.000.000.00
Capital Work in Progress1235.32662.44239.99291.23429.70
Non Current Investments2068.352004.681919.681688.051705.11
Long Term Investment2068.352004.681919.681688.051705.11
    Quoted0.000.007.427.427.42
    Unquoted2068.352004.681912.261680.631697.69
Long Term Loans & Advances745.05585.78289.19200.85267.35
Other Non Current Assets361.85264.322.892.728.73
Total Non-Current Assets10274.167381.206151.926028.585861.58
Current Assets Loans & Advances
Currents Investments4352.283302.545214.004138.94121.37
    Quoted4352.283302.540.000.000.00
    Unquoted0.000.005214.004138.94121.37
Inventories4639.434476.113225.403033.443285.81
    Raw Materials2016.382231.231493.65872.451243.38
    Work-in Progress931.52761.10600.66885.50725.86
    Finished Goods649.69427.42236.93468.54575.05
    Packing Materials97.61106.720.000.000.00
    Stores  and Spare121.18126.09133.02152.85144.65
    Other Inventory823.06823.56761.14654.10596.86
Sundry Debtors2802.032368.662018.422050.352056.15
    Debtors more than Six months75.2274.05101.710.000.00
    Debtors Others2777.772362.411984.272112.782117.88
Cash and Bank1390.242779.941299.36146.872341.19
    Cash in hand0.030.100.102.462.49
    Balances at Bank1390.212779.841299.26144.412338.70
    Other cash and bank balances0.000.000.000.000.00
Other Current Assets105.35213.28191.02131.11262.14
    Interest accrued on Investments0.000.000.000.000.00
    Interest accrued on Debentures0.000.000.000.000.00
    Deposits with Government0.000.000.000.000.00
    Interest accrued and or due on loans0.000.000.000.000.00
    Prepaid Expenses41.2242.9712.5616.4717.78
    Other current_assets64.13170.32178.46114.64244.37
Short Term Loans and Advances495.70637.33520.59388.15524.60
    Advances recoverable in cash or in kind353.21465.11321.80199.66253.69
    Advance income tax and TDS0.002.662.120.000.00
    Amounts due from directors0.000.000.000.000.00
    Due From Subsidiaries0.000.000.000.000.00
    Inter corporate deposits0.000.000.000.000.00
    Corporate Deposits0.000.000.000.000.00
    Other Loans & Advances142.49169.57196.67188.49270.91
Total Current Assets13785.0413777.8612468.789888.858591.26
Net Current Assets (Including Current Investments)8628.538893.288113.666465.915704.02
Miscellaneous Expenses not written off0.000.000.000.000.00
Total Assets24059.2021159.0618620.6915917.4314452.84
Contingent Liabilities331.75636.70313.31321.83728.62
Total Debt175.4121.530.000.000.00
Book Value161.73140.42122.17106.3098.37
Adjusted Book Value161.73140.42122.17106.3098.37

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RISK DISCLOSURES ON DERIVATIVES

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Source:

1. SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.