GRINDWELL Norton

Grindwell Norton, a company listed on the Bombay and National Stock Exchanges, pioneered the
manufacture of grinding wheels in India in 1941. In 1990, Saint-Gobain acquired Norton Company,
USA, worldwide and thereby became a shareholder in GNO. In 1996, Saint-Gobain increased its
equity stake, making GNO its first majority-owned subsidiary in India.
Today, GNO’s businesses include: Abrasives, Ceramic Materials Businesses, Performance Plastics
and ADFORS.

Analysis of the company of last 10 year

1. Company sales revenue

Year Sales Revenue Sales Revenue
Mar-11 808.15
Mar-12 920.39 Mean 1141.437273
Mar-13 957.61 Standard Error 91.78900415
Mar-14 956.4 Median 1130.41
Mar-15 1,130.41 Standard Deviation 304.4296866
Mar-16 1,150.59 Sample Variance 92677.4341
Mar-17 1,269.37 Kurtosis -1.087626877
Mar-18 1,434.39 Skewness 0.388526246
Mar-19 1,604.52 Range 879.06
Mar-20 1,598.52 Minimum 725.46
Maximum 1604.52
Sum 12555.81
2.Profit after tax
 Year Profit after tax Profit after tax
Mar-11 85.63
Mar-12 103.63 Mean 114.7409091
Mar-13 97.67 Standard Error 10.44402782
Mar-14 82.32 Median 102.14
Mar-15 101.02
Mar-16 102.14 Standard Deviation 34.63892159
Mar-17 116.01 Sample Variance 1199.854889
Mar-18 147.16 Kurtosis -0.086576802
Mar-19 163.84 Skewness 1.050933928
Mar-20 182.95 Range 103.17
Minimum 79.78
Maximum 182.95
Sum 1262.15
3. Advertisement expense

Year Advertisement Expnses Advertisement Expnses

Mar-11 228.71
Mar-12 252.99 Mean 280.4481818
Mar-13 249.84 Standard Error 27.09629642
Mar-14 265.48 Median 294.41
Mar-15 311.75 Standard Deviation 89.86824843
Mar-16 294.41 Sample Variance 8076.302076
Mar-17 312.42 Kurtosis 3.283519994
Mar-18 351.09 Skewness -1.450771217
Mar-19 390.66 Range 331.71
Mar-20 368.63 Minimum 58.95
Maximum 390.66
Sum 3084.93
4. Stock price :

Year Stock Price Stock Price

Mar-11 108.75
Mar-12 134.25 Mean 358.9136364
Mar-13 133 Standard Error 66.65082898
Mar-14 308.2 Median 329.65
Mar-15 384.75 Standard Deviation 221.0557917
Mar-16 329.65 Sample Variance 48865.66305
Mar-17 547.65 Kurtosis -1.464060252
Mar-18 561.1 Skewness 0.264113788
Mar-19 601.9 Range 608.65
Mar-20 717.4 Minimum 108.75
Maximum 717.4
Sum 3948.05
5. Stock return

Year Stock Return Stock Return

Mar-11 0
Mar-12 0.234482759 Mean 0.249390539
Mar-13 -0.00931099 Standard Error 0.139103201
Mar-14 1.317293233 Median 0.132303326
Mar-15 0.248377677 Standard Deviation 0.439882945
Mar-16 -0.14320988 Sample Variance 0.193497005
Mar-17 0.661307447 Kurtosis 3.686139728
Mar-18 0.024559481 Skewness 1.874298454
Mar-19 0.072714311 Range 1.460503113
Mar-20 0.191892341 Minimum -0.14320988
Maximum 1.317293233
Sum 2.493905389
6. Market return of nifty500

Year Market return of nifty 500 Market return of nifty 500

2020 -0.03099
2019 0.065691 Mean 0.056822751
2018 0.09591 Standard Error 0.027748517
2017 0.230667 Median 0.0477425
2016 0.002417213 Standard Deviation 0.087748514
2015 0.1570939 Sample Variance 0.007699802
2014 0.029794 Kurtosis 0.359416862
2013 0.068235 Skewness 0.774568183
2012 0.0093244 Range 0.290582
2011 -0.059915 Minimum -0.059915
Maximum 0.230667
Sum 0.568227513
7. GDP GROWTH RATE

Year GDP Growth Rate GDP Growth Rate

2020 8.50%
2019 5.24% Mean 0.05463
2018 5.46% Standard Error 0.015321945
2017 6.39% Median 0.06665
2016 7.41% Standard Deviation 0.048452246
2015 8.00% Sample Variance 0.00234762
2014 8.26% Kurtosis 8.598778783
2013 6.80% Skewness -2.857843876
2012 6.53% Range 0.1646
2011 -7.96% Minimum -0.0796
Maximum 0.085
Sum 0.5463
Year GDP Growth Rate

Mean 2015.5 Mean 0.05463

Standard Error 0.957427108 Standard Error 0.015321945
Median 2015.5 Median 0.06665
Standard Deviation 3.027650354 Standard Deviation 0.048452246
Sample Variance 9.166666667 Sample Variance 0.00234762
Kurtosis -1.2 Kurtosis 8.598778783
Skewness 0 Skewness -2.857843876
Range 9 Range 0.1646
Minimum 2011 Minimum -0.0796
Maximum 2020 Maximum 0.085
Sum 20155 Sum 0.5463
Count 10 Count 10
Largest(1) 2020 Largest(1) 0.085
Smallest(1) 2011 Smallest(1) -0.0796
Confidence Level(95.0%) 2.16585059 Confidence Level(95.0%) 0.034660649
GDP Growth rate of India is volatile and sometime it increases and sometime it decreases, but
due to the global pandemic GDP growth rate is in negative in the year 2020, as all there was
lockdown in all over the country.