Grindwell Norton
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Grindwell Norton share price

Grindwell Norton Ltd.

NSE: GRINDWELL BSE: 506076 SECTOR: Abrasives  124k   531   49

2022.85
-75.35 (-3.59%)
BSE: Today, 04:00 PM

Price Summary

Today's High

₹ 2082

Today's Low

₹ 2017.95

52 Week High

₹ 2959.45

52 Week Low

₹ 1850.05

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

₹ 22397 Cr.

Enterprise Value

₹ 22195.97 Cr.

No. of Shares

11.07 Cr.

P/E

60.28

P/B

10.95

Face Value

₹ 5

Div. Yield

0.84 %

Book Value (TTM)

₹  184.82

CASH

₹ 212.39 Cr.

DEBT

₹ 11.36 Cr.

Promoter Holding

58.03 %

EPS (TTM)

₹  33.56

Sales Growth

5.07%

ROE

19.91 %

ROCE

26.45%

Profit Growth

4.05 %

Add Your Ratio

* 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 .

Index Presence

The company is present in 19 Indices.

NIFTYMNC

Nifty MNC
27606
  -268.799999999999 (-0.964311851564847%)

NMID150Q50

NIFTY Midcap150 Quality 50
23680.8
  -93.2000000000007 (-0.392024901152521%)

NIFTY500

Nifty 500
21820.85
  -183.5 (-0.833926019173481%)

NIFTYMIDCAP150

Nifty Midcap 150
20180.9
  -77.1999999999971 (-0.381082135047206%)

NIFTYMIDSMALL400

Nifty MidSmallcap 400
18989.75
  -86.25 (-0.452138813168379%)

NY500MUL50:25:25

Nifty500 Multicap 50:25:25
15270.4
  -112.75 (-0.732944812993441%)

NIFTYLGEMID250

NIFTY LargeMidcap 250
15236.4
  -104.300000000001 (-0.679890748140577%)

NIFTYTOTALMCAP

NIFTY Total Market
12302.6
  -103.449999999999 (-0.833867346979889%)

NFT500EQUAL

Nifty 500 Equal Weight
13586.01
  -137.629999999999 (-1.00286804375515%)

BSE CG

Bse Capital Goods
65862.63
  -465.26999999999 (-0.701469517352415%)

SMLCAP

Bse SmallCap
52141.15
  -349.790000000001 (-0.666381665102589%)

BSE500

Bse 500
34361.41
  -289.419999999998 (-0.835246947908597%)

MID150

Bse 150 MidCap Index
15286.7
  -56.0499999999993 (-0.365319124667995%)

INDSTR

Bse Industrials
14242.69
  -122 (-0.849304788338623%)

MSL400

Bse 400 MidSmallCap Index
11623.42
  -57.1299999999992 (-0.489103680905434%)

LMI250

Bse 250 LargeMidCap Index
10169.78
  -87.0299999999988 (-0.848509429344979%)

SMLSEL

Bse SmallCap Select Index
7765.07
  -13.8900000000003 (-0.178558573382559%)

ALLCAP

Bse Allcap
10471.31
  71.0699999999997 (0.683349615008888%)

S&P MIDSMLCAP

Bse MidSmallCap
12896.2
  -67.5599999999995 (-0.521145099878428%)

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.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* 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

61.54

Interest Cover Ratio

73.9492

CFO/PAT (5 Yr. Avg.)

1.07894740781456

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 58.03 0.00
Jun 2024 58.03 0.00
Mar 2024 58.03 0.00
Dec 2023 58.03 0.00
Sep 2023 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 60.28.
  • The company is trading at a high EV/EBITDA of 38.4623.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Net Sales 658.5 651.64 681.45 690.94 671.98
Total Expenditure 528.64 524.66 556.62 560.39 546.63
Operating Profit 129.86 126.98 124.83 130.55 125.35
Other Income 22.59 13.83 17.29 15.77 23.4
Interest 1.6 1.72 1.67 2.29 2.11
Depreciation 16.52 16.99 18.91 20.83 22.18
Exceptional Items -3.2 0 0 0 0
Profit Before Tax 131.13 122.1 121.54 123.2 124.46
Tax 33.1 30.01 28.04 31.29 30.42
Profit After Tax 98.03 92.09 93.5 91.91 94.04
Adjusted EPS (Rs) 8.85 8.32 8.44 8.3 8.49

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 Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
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 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
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 41.97 41.97 41.97 41.97 41.97
axis mutual fund trustee ... 2.52 2.56 2.44 2.41 2.36
icici prudential smallcap... - - 1.23 1.25 1.01
investor education and pr... - 0.15 - - 0.27
llp 0.85 0.84 0.83 0.84 0.84
nippon life india trustee... - 1.05 1.27 1.24 1.25
sbi magnum midcap fund - - - - 5.78
uti flexi cap fund 2.48 2.24 2.19 1.92 1.79
hsbc small cap fund 1.14 1.14 1.10 1.09 -
investor education and pr... 0.15 - 0.15 0.15 -
sbi magnum global fund - 3.64 3.64 4.01 -
sundaram mutual fund a/c ... 1.15 1.10 1.14 1.16 -
sbi small cap fund 3.94 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Grindwell Norton - Quaterly Results 30 Oct, 2:10 PM Grindwell Norton - Quaterly Results 30 Oct, 2:10 PM Grindwell Norton - Quaterly Results 30 Oct, 2:10 PM Grindwell Norton informs about loss of share certificates 29 Oct, 5:21 PM Grindwell Norton informs about loss of share certificates 5 Oct, 11:25 AM Grindwell Norton informs about details of loss of certificate 18 Sep, 2:37 PM Grindwell Norton - Quaterly Results 18 Jul, 2:06 PM Grindwell Norton - Quaterly Results 18 Jul, 2:06 PM Grindwell Norton - Quaterly Results 18 Jul, 2:06 PM Grindwell Norton informs about loss of share certificates 4 Jul, 2:19 PM Grindwell Norton informs about loss of share certificates 4 Jul, 2:10 PM Grindwell Norton - Quaterly Results 6 May, 2:54 PM Grindwell Norton - Quaterly Results 6 May, 2:54 PM Grindwell Norton - Quaterly Results 6 May, 2:54 PM Grindwell Norton - Quaterly Results 3 Feb, 2:27 PM Grindwell Norton - Quaterly Results 3 Feb, 2:27 PM Grindwell Norton - Quaterly Results 3 Feb, 2:27 PM Grindwell Norton inks pacts to hold 49% equity share capital of ASM 18 Jan, 9:44 AM Grindwell Norton informs about details of loss of certificate 18 Dec, 4:30 PM Grindwell Norton - Quaterly Results 8 Nov, 2:09 PM Grindwell Norton - Quaterly Results 8 Nov, 2:09 PM Grindwell Norton - Quaterly Results 8 Nov, 2:09 PM Grindwell Norton to sell 49% stake held in SGSR 30 Oct, 12:19 PM Grindwell Norton informs about loss of share certificates 5 Oct, 2:49 PM Grindwell Norton informs about loss of share certificates 26 Sep, 1:47 PM Grindwell Norton - Quaterly Results 14 Aug, 2:35 PM Grindwell Norton - Quaterly Results 14 Aug, 2:35 PM Grindwell Norton - Quaterly Results 14 Aug, 2:35 PM Grindwell Norton informs about loss of share certificates 18 Jul, 5:08 PM Grindwell Norton - Quaterly Results 6 May, 3:05 PM Grindwell Norton - Quaterly Results 6 May, 3:05 PM Grindwell Norton - Quaterly Results 6 May, 3:05 PM Grindwell Norton informs about details of loss of certificate 27 Mar, 2:46 PM Grindwell Norton - Quaterly Results 13 Feb, 2:22 PM Grindwell Norton - Quaterly Results 13 Feb, 2:22 PM Grindwell Norton - Quaterly Results 13 Feb, 2:22 PM Grindwell Norton inaugurates Paper Maker manufacturing plant in Bengaluru 26 Dec, 5:59 PM Grindwell Norton reports 26% rise in Q2 consolidated net profit 2 Nov, 3:07 PM Grindwell Norton - Quaterly Results 2 Nov, 1:28 PM Grindwell Norton - Quaterly Results 2 Nov, 1:28 PM Grindwell Norton - Quaterly Results 2 Nov, 1:28 PM Grindwell Norton - Quaterly Results 29 Jul, 3:22 PM Grindwell Norton - Quaterly Results 29 Jul, 3:22 PM Grindwell Norton - Quaterly Results 29 Jul, 3:22 PM Grindwell Norton informs about loss of share certificates 27 Jul, 12:59 PM Grindwell Norton informs about 72nd AGM 4 Jul, 4:20 PM Grindwell Norton informs about loss of share certificate 7 Jun, 2:22 PM Grindwell Norton concludes acquisition process of PRS Permacel 28 May, 9:40 AM Grindwell Norton executes SPA to acquire entire stake in PRS Permacel 14 May, 10:59 AM Grindwell Norton informs about brief profile of CA 7 May, 4:22 PM

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 2031.3. 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 60.5333659150036 which is high and comparatively overvalued .

  • Share Price: - The current share price of Grindwell Norton is Rs 2031.3. 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 0.8372 %.

  • 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 33.5567 . 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

Grindwell Norton Ltd. Financials: Check Share Price, Balance Sheet, Annual Report and Quarterly Results for Company Analysis

 

Grindwell Norton Ltd. is a leading Indian manufacturer of abrasives, ceramics, and refractories. The company has a strong brand presence in the Indian market and is a popular choice among long-term investors.  We will provide an in-depth analysis of the company's stock and its various aspects.

Grindwell Norton Ltd. Share Price

Grindwell Norton Ltd.'s share price is an important factor that investors consider while making investment decisions. The company's share price has been on an upward trend since its listing on the stock exchanges. The company's share price is influenced by various factors such as market trends, industry performance, and company-specific factors. Long-term investors should focus on the company's fundamentals rather than short-term price fluctuations.

Grindwell Norton Ltd. Balance Sheet

A company's balance sheet is a snapshot of its financial position at a given point in time. Grindwell Norton Ltd.'s balance sheet is strong and reflects the company's financial stability. The company has a healthy cash position and low debt levels. Investors can use Ticker pre-built screening tools such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis to calculate the fair value of the company's stock based on its balance sheet.

Grindwell Norton Ltd. Annual Report

Grindwell Norton Ltd.'s annual report provides a comprehensive overview of the company's performance over the past year. The annual report includes information on the company's financial performance, operational performance, and future plans. The company's annual report is available as a downloadable document on Ticker.

Grindwell Norton Ltd. Dividend

Grindwell Norton Ltd. has a consistent track record of paying dividends to its shareholders. The company's dividend payout ratio is healthy and reflects its commitment to rewarding shareholders. Long-term investors should consider the company's dividend history while making investment decisions.

Grindwell Norton Ltd. Quarterly Results

Grindwell Norton Ltd.'s quarterly results provide investors with an insight into the company's performance over a three-month period. The company's quarterly results are available as downloadable documents on Ticker. Investors can use Ticker pre-built screening tools such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis to analyze the company's quarterly results and calculate its fair value.

Grindwell Norton Ltd. Stock Price

Grindwell Norton Ltd.'s stock price is influenced by various factors such as market trends, industry performance, and company-specific factors. Long-term investors should focus on the company's fundamentals rather than short-term price fluctuations. 

Grindwell Norton Ltd. Price Chart

Grindwell Norton Ltd.'s price chart provides investors with a visual representation of the company's stock price over a period of time. The price chart can help investors identify trends and patterns in the company's stock price. Investors can use Ticker pre-built screening tools to analyze the company's price chart and calculate its fair value.

Grindwell Norton Ltd. News

Grindwell Norton Ltd.'s news section provides investors with the latest updates on the company's performance, operations, and future plans. Investors can use the news section to stay up-to-date with the company's developments and make informed investment decisions.

Grindwell Norton Ltd. Concall Transcripts

Grindwell Norton Ltd.'s concall transcripts provide investors with a detailed insight into the company's performance, operations, and future plans. The concall transcripts are available as downloadable documents on Ticker. Investors can use the concall transcripts to analyze the company's performance and calculate its fair value.

Grindwell Norton Ltd. Investor Presentations

Grindwell Norton Ltd.'s investor presentations provide investors with a comprehensive overview of the company's performance, operations, and future plans. The investor presentations are available as downloadable documents on Ticker. Investors can use the investor presentations to analyze the company's performance and calculate its fair value.

Grindwell Norton Ltd. Promoters

Grindwell Norton Ltd.'s promoters are experienced professionals who have a deep understanding of the abrasives, ceramics, and refractories industry. The promoters are committed to the company's growth and have a long-term vision for the company. Investors should consider the promoters' track record while making investment decisions.

Grindwell Norton Ltd. Shareholders

Grindwell Norton Ltd.'s shareholders include both institutional and retail investors. The company has a diverse shareholder base, which reflects its popularity among investors. Long-term investors should consider the company's shareholder base while making investment decisions.

Grindwell Norton Ltd. ROCE

The Return on Capital Employed (ROCE) for Grindwell Norton Ltd. is a fundamental financial metric that provides insights into the company's ability to generate profits from the capital invested in the business. This ratio measures the percentage of profit earned for each rupee of capital employed, encompassing both long-term debt and shareholder's equity. By analyzing the ROCE, investors can evaluate Grindwell Norton Ltd.'s capital efficiency and assess its ability to generate returns for investors. Access the ROCE data for Grindwell Norton Ltd. on this page in the financials table or ratio section, enabling informed investment decisions.

Grindwell Norton Ltd. EBITDA

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is a crucial financial metric that highlights Grindwell Norton Ltd.'s underlying profitability. By excluding non-operational factors such as taxes, interest, and depreciation, EBITDA provides insights into the company's core operating performance and cash flow generation ability. Investors can analyze Grindwell Norton Ltd.'s EBITDA to assess its operational efficiency and profitability trends over time. To access the EBITDA data for Grindwell Norton Ltd., refer to the financials table or ratio section on this page.

Grindwell Norton Ltd. DPS

Dividends per Share (DPS) is an important indicator of Grindwell Norton Ltd.'s dividend policy and its ability to distribute profits to shareholders. DPS represents the amount of dividends paid per outstanding share of the company's stock. By examining the DPS, investors can evaluate the stability and growth potential of Grindwell Norton Ltd.'s dividend payouts. The DPS data for Grindwell Norton Ltd. can be found in the financials table or ratio section on this page, facilitating informed decisions about potential dividend income.

Grindwell Norton Ltd. EPS

Earnings Per Share (EPS) is a fundamental measure of Grindwell Norton Ltd.'s profitability and is widely used by investors to assess the company's financial performance. EPS calculates the portion of the company's profit allocated to each outstanding share, providing insights into the company's ability to generate earnings for its shareholders. By analyzing the EPS, investors can evaluate Grindwell Norton Ltd.'s profitability trends and growth prospects. The EPS data for Grindwell Norton Ltd. can be accessed in the financials table or ratio section on this page, enabling informed investment decisions.

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