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Grindwell Norton share price

Grindwell Norton Ltd.

NSE: GRINDWELL BSE: 506076 SECTOR: Abrasives  1.57 L   555   54

1647.90
+8.80 (0.54%)
NSE: Today, 09:54 AM

Price Summary

Today's High

₹ 1654.9

Today's Low

₹ 1640.1

52 Week High

₹ 2632

52 Week Low

₹ 1356.05

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyOptimal
The company could improve upon its asset employment.
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

18245.55 Cr.

Enterprise Value

17985.46 Cr.

No. of Shares

11.07 Cr.

P/E

50.22

P/B

7.87

Face Value

₹ 5

Div. Yield

1.04 %

Book Value (TTM)

₹  209.44

CASH

263.05 Cr.

DEBT

2.96 Cr.

Promoter Holding

58.03 %

EPS (TTM)

₹  32.81

Sales Growth

3.23%

ROE

16.95 %

ROCE

22.65%

Profit Growth

-5.22 %

* 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

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

 Group Companies

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Ratios

Sales Growth

1 Year3.23%
3 Year10.92%
5 Year12.01%

Profit Growth

1 Year-5.22%
3 Year6.58%
5 Year14.55%

ROE%

1 Year16.95%
3 Year19.59%
5 Year19.73%

ROCE %

1 Year22.65%
3 Year26.22%
5 Year26.38%

Debt/Equity

0.0013

Price to Cash Flow

40.28

Interest Cover Ratio

56.3472

CFO/PAT (5 Yr. Avg.)

1.05098032836557

Shareholding Pattern

Promoter Pledging %

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

 Strengths

  • The company has significantly decreased its debt by 8.4067 Cr.
  • Company has been maintaining healthy ROCE of 26.2224333333333% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 56.3472.
  • The company has an efficient Cash Conversion Cycle of -6.26130000000001 days.
  • Company has a healthy liquidity position with current ratio of 2.0956.
  • The company has a good cash flow management; CFO/PAT stands at 1.05098032836557.
  • The company has a high promoter holding of 58.03%.

 Limitations

  • The company has shown a poor profit growth of 6.58496371773534% for the Past 3 years.
  • The company has shown a poor revenue growth of 10.9244820326494% for the Past 3 years.
  • The company is trading at a high PE of 50.22.
  • The company is trading at a high EV/EBITDA of 30.5409.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025
Net Sales 690.94 671.98 683.21 691.23 693.86
Total Expenditure 560.4 546.63 564.64 568.36 564.6
Operating Profit 130.54 125.35 118.57 122.87 129.26
Other Income 15.77 23.4 17.95 22.74 23.83
Interest 2.29 2.11 1.93 2.32 2.07
Depreciation 20.83 22.18 22.85 24.05 25.21
Exceptional Items 0 0 0 0 0
Profit Before Tax 123.2 124.46 111.74 119.25 125.8
Tax 31.29 30.42 28.19 27.92 31.4
Profit After Tax 91.91 94.04 83.55 91.33 94.39
Adjusted EPS (Rs) 8.3 8.49 7.55 8.25 8.53

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

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 1632.9 2005.62 2523.76 2651.68 2737.36
Total Expenditure 1317.97 1606.32 2024.96 2136.22 2240.02
Operating Profit 314.93 399.3 498.8 515.46 497.34
Other Income 59.84 55.53 57.68 68.31 79.86
Interest 3.24 3.96 7.53 6.92 8.65
Depreciation 51.89 51.24 58.11 68.83 89.91
Exceptional Items 0 0 0 -3.2 0
Profit Before Tax 319.64 399.62 490.85 504.83 478.64
Tax 77.56 101.63 124.93 124.11 117.81
Net Profit 242.07 298 365.91 380.72 360.83
Adjusted EPS (Rs.) 21.86 26.91 33.05 34.39 32.59

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 55.36 55.36 55.36 55.36 55.36
Total Reserves 1301.7 1507.68 1749 1995.69 2188
Borrowings 0 0 3.95 6.36 1.01
Other N/C liabilities 50.59 454.59 487.87 479.54 420.04
Current liabilities 434.97 916.81 1043.78 869.93 1046.8
Total Liabilities 1842.62 2934.45 3339.96 3406.88 3711.2
Assets
Net Block 348.1 365.62 569.62 730.89 860.92
Capital WIP 23.79 66.04 117.91 127.19 25.24
Intangible WIP 0 0.87 0.67 0.32 0.61
Investments 212.37 221.86 230.09 262.92 295.53
Loans & Advances 28.78 463.54 471.18 405.97 333.43
Other N/C Assets 0.29 26.44 36.18 14.78 1.84
Current Assets 1229.3 1790.09 1914.3 1864.82 2193.63
Total Assets 1842.62 2934.45 3339.96 3406.88 3711.2
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Profit from operations 319.64 399.62 490.85 504.83 478.64
Adjustment 22.73 30.13 31.85 29.01 41.25
Changes in Assets & Liabilities 64.95 -144.57 -1.11 -32.48 47.42
Tax Paid -76.58 -99.67 -123.19 -137.43 -114.39
Operating Cash Flow 330.74 185.52 398.4 363.93 452.93
Investing Cash Flow -225.47 -55.22 -257.25 -175.75 -212.5
Financing Cash Flow -94.69 -113.53 -139.78 -173.77 -219.2
Net Cash Flow 10.59 16.77 1.36 14.41 21.23

Corporate Actions

Investors Details

PARTICULARS Jun 2024% Sep 2024% Dec 2024% Mar 2025% Jun 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 0.27 0.27 - 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 -
PARTICULARS Jun 2024% Sep 2024% Dec 2024% Mar 2025% Jun 2025%
investors 41.97 41.97 41.97 41.97 41.97
axis mutual fund trustee ... - - 1.78 1.62 1.35
icici prudential smallcap... 1.25 1.01 1.05 1.08 1.32
investor education and pr... 0.15 - - - 0.27
llp 0.84 0.84 0.84 0.84 0.84
nippon life india trustee... 1.24 1.25 1.25 1.20 1.20
sbi magnum midcap fund - 5.78 7.83 7.82 8.13
uti-flexi cap fund - - - 2.05 2.06
investor education and pr... - 0.27 0.27 0.27 -
uti flexi cap fund 1.92 1.79 1.78 - -
axis mutual fund trustee ... 2.41 2.36 - - -
hsbc small cap fund 1.09 - - - -
sbi magnum global fund 4.01 - - - -
sundaram mutual fund a/c ... 1.16 - - - -

Annual Reports

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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

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Concalls & Presentations

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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. 

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 50.2195715839934 which is high and comparatively 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 10.1384% 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 2.0956.

  • 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 16.9451%. (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 0.0013 which means that the company has low proportion of debt in its capital.

  • Sales growth: Grindwell Norton has reported revenue growth of 3.2314% 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 18.1686887638594%.

  • 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 1.0402%.

  • 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 32.8139. 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. 

Grindwell Norton FAQs

Q1. What is Grindwell Norton share price today?
Ans: The current share price of Grindwell Norton is Rs 1647.9.

Q2. What is the market capitalisation of Grindwell Norton?
Ans: Grindwell Norton has a market capitalisation of Rs 18245.5488 Cr., calculated based on its latest share price.

Q3. What are the P/E and P/B ratios of Grindwell Norton?
Ans: The PE ratio of Grindwell Norton is 50.2195715839934 and the P/B ratio of Grindwell Norton is 7.86811700905557, showing how the stock is valued against its earnings and book value.

Q4. What is the 52-week high and low of Grindwell Norton share?
Ans: The 52-week high share price of Grindwell Norton is Rs 2632, and the 52-week low share price of Grindwell Norton is Rs 1356.05.

Q5. Does Grindwell Norton pay dividends?
Ans: Currently, Grindwell Norton pays dividends. Dividend yield of Grindwell Norton is around 1.0402%.

Q6. What are the face value and book value of Grindwell Norton shares?
Ans: The face value of Grindwell Norton shares is Rs 5, while the book value per share of Grindwell Norton is around Rs 209.4402. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.

Q7. What is the debt of Grindwell Norton?
Ans: Grindwell Norton has a total debt of Rs 2.9552 Cr., which affects investor sentiment and financial stability. 

Q8. What are the ROE and ROCE of Grindwell Norton?
Ans: The ROE of Grindwell Norton is 16.9451% and ROCE of Grindwell Norton is 22.6541%. ROE shows how efficiently the company is generating profit from shareholders’ equity, while the ROCE is reflects how efficiently the company uses its capital to generate returns.

Q9. Is Grindwell Norton a good buy for the long term?
Ans: The Grindwell Norton long-term outlook depends on debt levels, earnings growth, and sector trends. If it sustains profits and manages debt well, it may be considered for long-term investment.

Q10. Is Grindwell Norton undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Grindwell Norton appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.

Q11. How to check Grindwell Norton’s financials?
Ans: You can review Grindwell Norton’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.

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Brief about Grindwell Norton
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