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Grindwell Norton share price

Grindwell Norton Ltd.

NSE: GRINDWELL BSE: 506076 SECTOR: Abrasives  147k   548   53

1792.00
-20.45 (-1.13%)
BSE: 13 Jun 04:01 PM

Price Summary

Today's High

₹ 1805

Today's Low

₹ 1762.95

52 Week High

₹ 2959.45

52 Week Low

₹ 1360.05

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

19841.02 Cr.

Enterprise Value

19640 Cr.

No. of Shares

11.07 Cr.

P/E

54.99

P/B

8.86

Face Value

₹ 5

Div. Yield

0.95 %

Book Value (TTM)

₹  202.31

CASH

212.39 Cr.

DEBT

11.36 Cr.

Promoter Holding

58.03 %

EPS (TTM)

₹  32.59

Sales Growth

5.07%

ROE

19.91 %

ROCE

26.45%

Profit Growth

4.05 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Brands

These are the brands of Grindwell Norton Ltd.

orient adfors chemfab chrtape meldin 7000 meldin ht norbond norglide norseal omnilip omniseal onesuit rencol rulon sheerfill sika certainteed .

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year5.07%
3 Year17.54%
5 Year11.1%

Profit Growth

1 Year4.05%
3 Year16.29%
5 Year18.37%

ROE%

1 Year19.91%
3 Year20.81%
5 Year19.6%

ROCE %

1 Year26.45%
3 Year27.9%
5 Year26.17%

Debt/Equity

0.0056

Price to Cash Flow

54.52

Interest Cover Ratio

73.9492

CFO/PAT (5 Yr. Avg.)

1.07894740781456

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2025 58.03 0.00
Dec 2024 58.03 0.00
Sep 2024 58.03 0.00
Jun 2024 58.03 0.00
Mar 2024 58.03 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 16.2928011225236% for the Past 3 years.
  • The company has shown a good revenue growth of 17.5401260813741% for the Past 3 years.
  • Company has been maintaining healthy ROE of 20.8091666666667% over the past 3 years.
  • Company has been maintaining healthy ROCE of 27.8994333333333% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 73.9492.
  • The company has an efficient Cash Conversion Cycle of 7.69210000000001 days.
  • Company has a healthy liquidity position with current ratio of 2.1437.
  • The company has a good cash flow management; CFO/PAT stands at 1.07894740781456.
  • The company has a high promoter holding of 58.03%.

 Limitations

  • The company is trading at a high PE of 54.99.
  • The company is trading at a high EV/EBITDA of 33.9238.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
Net Sales 681.45 690.94 671.98 683.21 691.23
Total Expenditure 556.62 560.39 546.63 564.64 568.36
Operating Profit 124.83 130.55 125.35 118.57 122.87
Other Income 17.29 15.77 23.4 17.95 22.74
Interest 1.67 2.29 2.11 1.93 2.32
Depreciation 18.91 20.83 22.18 22.85 24.05
Exceptional Items 0 0 0 0 0
Profit Before Tax 121.54 123.2 124.46 111.74 119.25
Tax 28.04 31.29 30.42 28.19 27.92
Profit After Tax 93.5 91.91 94.04 83.55 91.33
Adjusted EPS (Rs) 8.44 8.3 8.49 7.55 8.25

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 1552.35 1632.9 2005.62 2523.76 2651.68
Total Expenditure 1300.37 1317.97 1606.32 2024.96 2136.22
Operating Profit 251.99 314.93 399.3 498.8 515.46
Other Income 46.32 59.84 55.53 57.68 68.31
Interest 4.28 3.24 3.96 7.53 6.92
Depreciation 54.66 51.89 51.24 58.11 68.83
Exceptional Items 0 0 0 0 -3.2
Profit Before Tax 239.37 319.64 399.62 490.85 504.83
Tax 56.42 77.56 101.63 124.93 124.11
Net Profit 182.95 242.07 298 365.91 380.72
Adjusted EPS (Rs.) 16.52 21.86 26.91 33.05 34.39

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 55.36 55.36 55.36 55.36 55.36
Total Reserves 1121.31 1301.7 1507.68 1749 1995.69
Borrowings 0 0 0 3.95 6.36
Other N/C liabilities 50.15 50.59 454.59 487.87 479.54
Current liabilities 341.2 434.97 916.81 1043.78 869.93
Total Liabilities 1568.01 1842.62 2934.45 3339.96 3406.88
Assets
Net Block 360.44 348.1 365.62 569.62 730.89
Capital WIP 28.8 23.79 66.04 117.91 127.19
Intangible WIP 0 0 0.87 0.67 0.32
Investments 189.14 212.37 221.86 230.09 262.92
Loans & Advances 19.91 28.78 463.54 471.18 405.97
Other N/C Assets 0.27 0.29 26.44 36.18 14.78
Current Assets 969.44 1229.3 1790.09 1914.3 1864.82
Total Assets 1568.01 1842.62 2934.45 3339.96 3406.88
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 239.37 319.64 399.62 490.85 504.83
Adjustment 31.85 22.73 30.13 31.85 29.01
Changes in Assets & Liabilities 104.18 64.95 -144.57 -1.11 -32.48
Tax Paid -68.31 -76.58 -99.67 -123.19 -137.43
Operating Cash Flow 307.08 330.74 185.52 398.4 363.93
Investing Cash Flow -437.16 -225.47 -55.22 -257.25 -175.75
Financing Cash Flow -93.07 -94.69 -113.53 -139.78 -173.77
Net Cash Flow -223.15 10.59 16.77 1.36 14.41

Corporate Actions

Investors Details

PARTICULARS Mar 2024% Jun 2024% Sep 2024% Dec 2024% Mar 2025%
promoters 58.03 58.03 58.03 58.03 58.03
aakil anand mahajan 0.90 0.90 0.90 0.90 0.90
anand yashavant mahajan 0.46 0.46 0.46 0.46 0.46
ashaita mahajan 0.95 0.95 0.95 0.95 0.95
danesh m narang 0.95 0.95 0.95 0.95 0.95
khursheed m narang 1.34 1.34 1.34 1.34 1.34
malvinder c narang 0.12 0.12 0.12 0.12 0.12
saint gobain abrasives in... 26.77 26.77 26.77 26.77 26.77
saint-gobain india privat... - - - - 0.27
spafi-societe de particip... 24.56 24.56 24.56 24.56 24.56
vera anand mahajan 1.71 1.71 1.71 1.71 1.71
saint gobain india privat... 0.27 0.27 0.27 0.27 -
PARTICULARS Mar 2024% Jun 2024% Sep 2024% Dec 2024% Mar 2025%
investors 41.97 41.97 41.97 41.97 41.97
axis mutual fund trustee ... - - - 1.78 1.62
icici prudential smallcap... 1.23 1.25 1.01 1.05 1.08
investor education and pr... - - 0.27 0.27 0.27
llp 0.83 0.84 0.84 0.84 0.84
nippon life india trustee... 1.27 1.24 1.25 1.25 1.20
sbi magnum midcap fund - - 5.78 7.83 7.82
uti-flexi cap fund - - - - 2.05
uti flexi cap fund 2.19 1.92 1.79 1.78 -
axis mutual fund trustee ... 2.44 2.41 2.36 - -
hsbc small cap fund 1.10 1.09 - - -
investor education and pr... 0.15 0.15 - - -
sbi magnum global fund 3.64 4.01 - - -
sundaram mutual fund a/c ... 1.14 1.16 - - -

Annual Reports

Title Action
Annual Report 2024
Annual Report 2023
Annual Report 2022
Annual Report 2021
Annual Report 2020
Annual Report 2019
Annual Report 2018
Annual Report 2017

Ratings & Research Reports

TYPE AGENCY ACTION
Credit ICRA
TYPE AGENCY ACTION
Research HDFC Securities
Research ICICI Securities Limited

Concalls & Presentations

TYPE QUARTER ACTION
Currently we do not have any Concall related to this company.Report us
TYPE QUARTER ACTION
Presentation FY2023
Presentation FY2022
Presentation FY2021
Presentation FY2020

Company News

Grindwell Norton Stock Price Analysis and Quick Research Report. Is Grindwell Norton an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Grindwell Norton stock price today is Rs 1781.1. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Grindwell Norton . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Grindwell Norton has a PE ratio of 54.652739847926 which is high and comparatively overvalued .

  • Share Price: - The current share price of Grindwell Norton is Rs 1781.1. One can use valuation calculators of ticker to know if Grindwell Norton share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Grindwell Norton has ROA of 11.2858 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Grindwell Norton has a Current ratio of 2.1437 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Grindwell Norton has a ROE of 19.9144 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Grindwell Norton has a Debt to Equity ratio of 0.0056 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Grindwell Norton has reported revenue growth of 5.0687 % which is poor in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Grindwell Norton for the current financial year is 19.4390950035807 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Grindwell Norton is Rs 17 and the yield is 0.9487 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Grindwell Norton is Rs 32.5894 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Grindwell Norton in Ticker for free. Also, one can get the intrinsic value of Grindwell Norton by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Grindwell Norton
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