GRINDWELL - Grindwell Norton Ltd. Share Price

Industrial Products

Sharesguru Stock Score

GRINDWELL

36/100

High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years

₹1933.20-22.40(-1.15%)

Market Closed as of Jun 9, 2026, 15:30 IST

Select time range

Pros

Technicals: Bullish SharesGuru indicator.

Smart Money: Smart money has been increasing their position in the stock.

Profitability: Recent profitability of 13% is a good sign.

Balance Sheet: Strong Balance Sheet.

Buy Backs: Company has bought back it's stock in the past which is a good thing.

Size: Market Cap wise it is among the top 20% companies of india.

Momentum: Stock price has a strong positive momentum. Stock is up 14.7% in last 30 days.

Cons

Past Returns: Underperforming stock! In past three years, the stock has provided -2.8% return compared to 7.9% by NIFTY 50.

Insider Trading: Significant insider selling noticed recently.

Valuation
Market Cap	21.68 kCr
Price/Earnings (Trailing)	52.2
Price/Sales (Trailing)	6.84
EV/EBITDA	32.4
Price/Free Cashflow	51.23
MarketCap/EBT	39.05
Enterprise Value	21.66 kCr

Fundamentals
Revenue (TTM)	3.17 kCr
Rev. Growth (Yr)	17.9%
Earnings (TTM)	416.79 Cr
Earnings Growth (Yr)	28.5%

Profitability
Operating Margin	18%
EBT Margin	18%
Return on Equity	16.35%
Return on Assets	12.12%
Free Cashflow Yield	1.95%

Growth & Returns
Price Change 1W	4%
Price Change 1M	14.7%
Price Change 6M	22.8%
Price Change 1Y	5.4%
3Y Cumulative Return	-2.8%
5Y Cumulative Return	9.9%
7Y Cumulative Return	18.5%
10Y Cumulative Return	19.1%

Cash Flow & Liquidity
Cash Flow from Investing (TTM)	-315.39 Cr
Cash Flow from Operations (TTM)	542.14 Cr
Cash Flow from Financing (TTM)	-215 Cr
Cash & Equivalents	78.66 Cr
Free Cash Flow (TTM)	423.23 Cr
Free Cash Flow/Share (TTM)	38.23

Balance Sheet
Total Assets	3.44 kCr
Total Liabilities	887.92 Cr
Shareholder Equity	2.55 kCr
Current Assets	2.11 kCr
Current Liabilities	752.61 Cr
Net PPE	795.2 Cr
Inventory	481.46 Cr
Goodwill	46.79 Cr

Capital Structure & Leverage
Debt Ratio	0.02
Debt/Equity	0.02
Interest Coverage	66.99
Interest/Cashflow Ops	67.38

Dividend & Shareholder Returns
Dividend/Share (TTM)	17
Dividend Yield	1.1%
Shares Dilution (1Y)	0.00%
Shares Dilution (3Y)	0.00%

Technical Indicators
RSI (14d)	64.18
RSI (5d)	97.69
RSI (21d)	75.01
MACD Signal	Sell
Stochastic Oscillator Signal	Hold
SharesGuru Signal	Buy
RSI Signal	Hold
RSI5 Signal	Sell
RSI21 Signal	Sell
SMA 5 Signal	Buy
SMA 10 Signal	Buy
SMA 20 Signal	Buy
SMA 50 Signal	Buy
SMA 100 Signal	Buy

Description	Share	Value
Abrasives	48.4%	414.1 Cr
Ceramics & Plastics	42.1%	360.5 Cr
Digital Services	7.1%	60.5 Cr
Others	2.4%	20.5 Cr
Total		855.6 Cr

Shareholder Name	Holding %
Saint Gobain Abrasives Inc	26.77%
Spafi-Societe De Participations Financieres Et Industrielles	24.56%
Sbi Midcap Fund	9.29%
Uti-Flexi Cap Fund	2.57%
Vera Anand Mahajan	1.71%
Khursheed M Narang	1.34%
Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund	1.2%
Danesh M Narang	0.95%
Ashaita Mahajan	0.95%
Aakil Anand Mahajan	0.9%
Anand Yashavant Mahajan	0.46%
Saint Gobain India Private Limited	0.27%
Malvinder C Narang	0.12%
Mikhil M Narang	0%

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
AIAENG	AIA Engineering	41.89 kCr	4.89 kCr	+13.00%	+27.90%	32.98	8.56	-	-
CARBORUNIV	Carborundum Universal	19.81 kCr	5.28 kCr	+1.20%	+9.30%	100.85	3.75	-	-
WENDT	Wendt (India)	1.36 kCr	241.85 Cr	-3.00%	-17.20%	93.48	5.62	-	-
HINDCOMPOS	Hindustan Composites	609.81 Cr	375.42 Cr	-10.50%	-15.70%	19.6	1.62	-	-

Description	(%) Q/Q	Mar-2026	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021
Revenue From Operations	9.3%	3,073	2,812	2,687	2,541	2,013	1,638
Other Income	19%	95	80	68	56	53	51
Total Income	9.6%	3,168	2,891	2,755	2,597	2,066	1,689
Cost of Materials	11.6%	1,010	905	884	924	703	522
Purchases of stock-in-trade	13%	392	347	333	267	259	165
Employee Expense	3.9%	350	337	326	297	251	208
Finance costs	-14.1%	8.17	9.35	7.76	7.8	4.12	3.42
Depreciation and Amortization	13%	105	93	71	60	53	54
Other expenses	5.8%	725	685	635	583	471	385
Total Expenses	8.9%	2,613	2,400	2,246	2,110	1,669	1,372
Profit Before exceptional items and Tax	13.1%	555	491	509	488	397	317
Exceptional items before tax	-	0	0	-0.35	0	-0.98	0
Total profit before tax	13.1%	555	491	509	488	396	317
Current tax	20.2%	138	115	122	127	108	80
Deferred tax	-117.5%	0.23	5.4	2.35	-2.64	-6.99	-0.4
Total tax	15%	139	121	124	124	101	79
Total profit (loss) for period	12.4%	417	371	384	362	295	238
Other comp. income net of taxes	176.5%	48	18	25	6.82	12	20
Total Comprehensive Income	19.6%	465	389	409	368	307	257
Earnings Per Share, Basic	13.1%	37.54	33.3	34.65	32.69	26.7	21.6
Earnings Per Share, Diluted	13.1%	37.54	33.3	34.65	32.69	26.7	21.6

Description	(%) Q/Q	Mar-2026	Dec-2025	Sep-2025	Jun-2025	Mar-2025	Dec-2024
Revenue From Operations	11.8%	842	753	775	703	710	703
Other Income	11.1%	21	19	31	24	23	18
Total Income	11.8%	863	772	806	727	732	721
Cost of Materials	-4.9%	252	265	255	239	219	227
Purchases of stock-in-trade	23.2%	102	83	98	110	82	85
Employee Expense	11.1%	91	82	92	85	83	82
Finance costs	-37.7%	1.71	2.14	2.16	2.16	2.5	2.1
Depreciation and Amortization	-3.8%	26	27	26	26	25	23
Other expenses	5.1%	188	179	189	169	174	174
Total Expenses	9.8%	706	643	663	602	610	605
Profit Before exceptional items and Tax	22.7%	158	129	143	126	123	116
Exceptional items before tax	-	0	0	0	0	0	0
Total profit before tax	22.7%	158	129	143	126	123	116
Current tax	19.4%	38	32	36	32	27	27
Deferred tax	-24.5%	0.39	0.51	-0.49	-0.17	2.58	1.18
Total tax	15.6%	38	33	36	31	30	28
Total profit (loss) for period	24.2%	119	96	107	94	93	88
Other comp. income net of taxes	150%	26	11	8.27	3.4	-2.83	20
Total Comprehensive Income	35.8%	145	107	116	98	90	108
Earnings Per Share, Basic	28%	10.73	8.6	9.65	8.53	8.36	7.84
Earnings Per Share, Diluted	28%	10.73	8.6	9.65	8.53	8.36	7.84

Description	(%) Q/Q	Mar-2026	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021
Revenue From Operations	10.6%	3,026	2,737	2,652	2,369	2,006	1,633
Other Income	19%	95	80	68	51	53	51
Total Income	10.8%	3,121	2,817	2,720	2,420	2,059	1,684
Cost of Materials	14.4%	1,007	880	873	844	711	536
Purchases of stock-in-trade	13%	392	347	333	267	259	165
Employee Expense	3.9%	347	334	323	274	248	205
Finance costs	-10.8%	7.82	8.65	6.92	6.66	3.96	3.24
Depreciation and Amortization	13.5%	102	90	69	55	51	52
Other expenses	6.6%	696	653	616	529	458	371
Total Expenses	9.9%	2,571	2,339	2,212	1,951	1,659	1,364
Profit Before exceptional items and Tax	14.9%	550	479	508	469	400	320
Exceptional items before tax	-	0	0	-3.2	0	0	0
Total profit before tax	14.9%	550	479	505	469	400	320
Current tax	20.4%	137	114	122	120	108	79
Deferred tax	-132.3%	0.16	3.6	2.38	-1.41	-6.18	-1.18
Total tax	16.2%	137	118	124	118	102	78
Total profit (loss) for period	14.4%	413	361	381	351	298	242
Other comp. income net of taxes	176.5%	48	18	25	6.88	12	20
Total Comprehensive Income	22%	461	378	406	358	310	262
Earnings Per Share, Basic	14.8%	37.27	32.59	34.39	31.67	26.91	21.86
Earnings Per Share, Diluted	14.8%	37.27	32.59	34.39	31.67	26.91	21.86

Category	GRINDWELL	Industrial
PE	52.20	40.11
PS	6.84	2.82
Growth	9.6 %	10 %

Description	(%) Q/Q	Mar-2026	Sep-2025	Mar-2025	Sep-2024	Mar-2024	Sep-2023
Cash and cash equivalents	50%	79	53	71	35	49	117
Current investments	5.5%	668	633	616	483	447	340
Loans, current	2337%	30	2.19	1.6	1.79	1.54	1.07
Total current financial assets	26.8%	1,631	1,286	1,271	1,150	1,041	960
Inventories	-5.9%	481	511	490	497	488	482
Current tax assets	-	-	0	8.46	-	0	0
Total current assets	14.1%	2,112	1,851	1,810	1,647	1,573	1,490
Property, plant and equipment	11.8%	795	711	792	683	582	457
Capital work-in-progress	0%	51	51	25	26	127	172
Investment property	-	0	0	0	76	80	65
Goodwill	0%	47	47	47	47	47	47
Non-current investments	13.4%	315	278	260	227	227	198
Loans, non-current	14.3%	17	15	13	9.19	7.78	8.5
Total non-current financial assets	15.4%	361	313	294	273	264	222
Total non-current assets	2.8%	1,326	1,290	1,246	1,193	1,196	1,051
Total assets	9.4%	3,438	3,142	3,057	2,840	2,770	2,541
Borrowings, non-current	8263.3%	41	0.51	1.01	3.86	6.36	3.13
Total non-current financial liabilities	-20%	41	51	61	54	60	45
Provisions, non-current	-9.6%	48	53	50	51	50	36
Total non-current liabilities	-5.6%	135	143	151	128	132	97
Borrowings, current	80%	19	11	6.31	13	12	20
Total current financial liabilities	6.5%	642	603	546	533	479	478
Provisions, current	-2.8%	36	37	29	35	35	29
Current tax liabilities	-54.5%	11	23	9.84	22	7.9	33
Total current liabilities	7.1%	753	703	636	642	570	588
Total liabilities	5.1%	888	845	787	770	703	685
Equity share capital	0%	55	55	55	55	55	55
Non controlling interest	0%	15	15	14	13	11	12
Total equity	11.1%	2,550	2,296	2,270	2,070	2,067	1,856
Total equity and liabilities	9.4%	3,438	3,142	3,057	2,840	2,770	2,541

Description	(%) Q/Q	Mar-2026	Sep-2025	Mar-2025	Sep-2024	Mar-2024	Sep-2023
Cash and cash equivalents	47.9%	72	49	70	34	48	116
Current investments	5.5%	668	633	616	483	447	341
Loans, current	-6.7%	2.11	2.19	1.6	1.79	1.53	1.07
Total current financial assets	23.2%	1,573	1,277	1,265	1,069	1,038	956
Inventories	-4.3%	467	488	465	477	474	465
Current tax assets	-	-	0	8.46	0	0	-
Total current assets	14.5%	2,082	1,819	1,780	1,615	1,555	1,466
Property, plant and equipment	12.4%	773	688	767	660	558	443
Capital work-in-progress	0%	50	50	25	26	127	164
Investment property	-	-	0	0	76	79	64
Goodwill	0%	47	47	47	47	47	47
Non-current investments	12.2%	351	313	296	263	263	219
Loans, non-current	14.3%	17	15	13	9.19	7.78	8.5
Total non-current financial assets	11.2%	387	348	329	301	300	242
Total non-current assets	2.8%	1,319	1,283	1,239	1,185	1,188	1,044
Total assets	9.6%	3,401	3,102	3,018	2,801	2,743	2,510
Borrowings, non-current	8263.3%	41	0.51	1.01	3.86	6.36	3.13
Total non-current financial liabilities	8263.3%	41	0.51	60	54	60	44
Provisions, non-current	-9.6%	48	53	50	51	50	36
Total non-current liabilities	-5%	135	142	151	128	132	96
Borrowings, current	287.9%	19	5.64	1.94	7.84	5	5
Total current financial liabilities	7.3%	636	593	535	518	470	466
Provisions, current	-2.8%	36	37	29	34	35	29
Current tax liabilities	-54.5%	11	23	8.77	22	7.9	33
Total current liabilities	7.8%	746	692	624	623	560	575
Total liabilities	5.8%	882	834	775	751	692	671
Equity share capital	0%	55	55	55	55	55	55
Total equity	11.1%	2,520	2,268	2,243	2,050	2,051	1,839
Total equity and liabilities	9.6%	3,401	3,102	3,018	2,801	2,743	2,510

Description	(%) Q/Q	Mar-2026	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021
Finance costs	-14.1%	8.17	9.35	7.76	7.8	4.12	-
Change in inventories	326.9%	8.42	-2.27	-23.66	-16.33	-125.07	-
Depreciation	13%	105	93	71	60	53	-
Unrealised forex losses/gains	-390%	-1.94	0.4	0.21	-0.59	0.48	-
Dividend income	-	0	0	9.41	6.27	2.85	-
Adjustments for interest income	15.4%	16	14	15	9.2	7.52	-
Share-based payments	128.7%	3.47	2.08	1.64	1.39	1.57	-
Net Cashflows from Operations	18.3%	692	585	505	479	285	-
Dividends received	0%	-11.76	-11.76	0	0	0	-
Income taxes paid (refund)	21.2%	138	114	137	123	100	-
Net Cashflows From Operating Activities	18.4%	542	458	368	356	186	-
Cash payment for investment in partnership firm or association of persons or LLP	-	0	0	0	121	0	-
Proceeds from sales of PPE	-96.1%	1.03	1.76	3.36	0.8	5.69	-
Purchase of property, plant and equipment	26.9%	119	94	172	164	126	-
Dividends received	0%	12	12	9.41	6.27	2.85	-
Interest received	7.1%	16	15	12	8.57	5.94	-
Other inflows (outflows) of cash	-53.3%	-225.63	-146.79	-26.99	46	58	-
Net Cashflows From Investing Activities	-48%	-315.39	-212.75	-181.68	-222.9	-53.6	-
Proceeds from borrowings	-240.8%	0	1.71	8.01	12	2.15	-
Repayments of borrowings	-89.4%	1.95	10	5.6	5.01	0	-
Payments of lease liabilities	14.3%	17	15	8.98	6.31	6.73	-
Dividends paid	0%	188	188	161	133	105	-
Interest paid	-14.1%	8.17	9.35	3.08	7.8	4.12	-
Other inflows (outflows) of cash	69.9%	0	-2.32	-1.9	8.59	0	-
Net Cashflows from Financing Activities	3.8%	-215	-223.58	-176.77	-131.59	-113.88	-
Net change in cash and cash eq.	-47.6%	12	22	9.49	1.21	18	-

Description	(%) Q/Q	Mar-2026	Dec-2025	Sep-2025	Jun-2025	Mar-2025	Dec-2024
Revenue From Operations	11.7%	829	742	-	694	691	683
Other Income	11.1%	21	19	-	24	23	18
Total Income	11.9%	850	760	-	718	714	701
Cost of Materials	0.4%	260	259	-	239	216	219
Purchases of stock-in-trade	23.2%	102	83	-	110	82	85
Employee Expense	12.5%	91	81	-	84	82	81
Finance costs	-35.9%	1.66	2.03	-	2.07	2.32	1.93
Depreciation and Amortization	-4%	25	26	-	25	24	23
Other expenses	7.7%	182	169	-	163	167	165
Total Expenses	9.3%	693	634	-	592	595	589
Profit Before exceptional items and Tax	24.8%	157	126	-	126	119	112
Total profit before tax	24.8%	157	126	-	126	119	112
Current tax	19.4%	38	32	-	32	26	27
Deferred tax	-31.3%	0.37	0.52	-	-0.2	1.52	1.18
Total tax	19.4%	38	32	-	31	28	28
Total profit (loss) for period	26.9%	119	94	-	94	91	84
Other comp. income net of taxes	150%	26	11	-	3.4	-2.85	20
Total Comprehensive Income	38.5%	145	105	-	98	88	104
Earnings Per Share, Basic	30.3%	10.76	8.49	-	8.53	8.25	7.55
Earnings Per Share, Diluted	30.3%	10.76	8.49	-	8.53	8.25	7.55

GRINDWELL - Grindwell Norton Ltd. Share Price

GRINDWELL

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

GRINDWELL

GRINDWELL - Grindwell Norton Ltd. Share Price

GRINDWELL

Valuation

Fundamentals

Profitability

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

Growth & Returns

Cash Flow & Liquidity

Balance Sheet

Capital Structure & Leverage

Dividend & Shareholder Returns

GRINDWELL

Investor Care

Financial Health

Technical Indicators

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

What does Grindwell Norton Ltd. do?

Important Disclosure & Data Context

Valuation

Fundamentals

Profitability

Growth & Returns

Cash Flow & Liquidity

Balance Sheet

Capital Structure & Leverage

Dividend & Shareholder Returns

Investor Care

Financial Health

Technical Indicators

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

What does Grindwell Norton Ltd. do?

Important Disclosure & Data Context