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Grindwell Norton Limited

NSE: GRINDWELLCapital Goods

Grindwell Norton Limited Share Price & Analysis

₹1962.50−0.60%Updated 4 Sept 2026, 03:30 pm IST
LTP
₹1962.50−0.60%
Open
₹1982.50
High
₹1997.30
Low
₹1956.00
Close
₹1962.50
52W High
₹2464.00
52W Low
₹1329.00
Volume
10K
Lot Size
1
Sector
Capital Goods
Market Cap
₹22K Cr
Face Value
₹5
Large Cap

Price Chart

Candle
Range

Fundamentals

P/E
49.80
Sector P/E
48.40
P/B
8.76
EPS
₹39.40
ROE
16.20%
ROCE
21.20%
D/E Ratio
0.02
Div Yield
0.97%
Book Value
₹229.00

Strengths

  • Strong return on equity (ROE 16.2%)
  • Efficient capital deployment (ROCE 21.2%)
  • Virtually debt-free

Concerns

  • High premium to book value (P/B 8.8x)

Peer Comparison

CompanyCMPMkt CapP/EP/BROE %ROCE %D/E
HAL
Hindustan Aeronautics Limited
₹4,856
₹3.2L Cr34.87.9124320
BEL
Bharat Electronics Limited
₹405
₹3.0L Cr48.212.3627.436.40
TMCV
Tata Motors Limited
₹475
−0.03%		₹1.7L Cr22.710.713435.90.44
ABB
ABB India Limited
₹7,410
₹1.6L Cr10216.822.429.90.02
BHEL
Bharat Heavy Electricals Limited
₹431
₹1.5L Cr61.75.746.239.140.45
SIEMENS
Siemens Limited
₹3,977
₹1.4L Cr94.210.2219.221.40.01
CGPOWER
CG Power and Industrial Solutions Limited
₹891
₹1.4L Cr11017.6120.526.70.02

Showing 7 peers in the same sector · Sorted by market cap

Shareholding Pattern

GRINDWELL · as of Mar 2026

Promoters58.04%
FII6.75%0.22pp
DII18.33%0.26pp
Public16.88%0.03pp
CategoryDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters58.04%58.04%58.04%58.04%58.04%58.04%
FII8.42%8.31%8.63%8.25%6.97%6.75%
DII15.45%15.90%16.14%16.69%18.07%18.33%
Public18.09%17.76%17.19%17.01%16.91%16.88%

Corporate Events

A meeting of the Board of Directors of the Company is scheduled to be held on Friday, July 24, 2026, inter alia, to consider and approve the unaudited standalone and consolidated financial results of the Company for the quarter ended June 30, 2026

Results23 Jul 2026

Dividend - Rs 19 Per Share

Dividend9 Jul 2026

A meeting of the Board of Directors of the Company is scheduled to be held on Friday, May 8, 2026, inter alia to:1. approve and take on record the audited standalone and consolidated financial results of the Company for the quarter and financial year ende

Dividend7 May 2026

Dividend - Rs 17 Per Share

Dividend14 Jul 2025

Annual General Meeting/Dividend - Rs 17 Per Share

Dividend8 Jul 2024

Annual General Meeting/Dividend - Rs 14.50 Per Share

Dividend3 Aug 2023

Latest News

All news

Grindwell Norton receives ESG rating from NSE.

*Grindwell Norton receives ESG rating from NSE.* The company has been assigned an ESG rating by NSE Sustainability Ratings & Analytics Limited. This is a voluntary disclosure and does not impact financials. 📊 *STOCKS:* $GRINDWELL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #ESG

NSE Filing3d ago
Low Impact

Grindwell Norton notifies special window for share transfer

*Grindwell Norton notifies special window for share transfer*. Grindwell Norton has published a newspaper advertisement regarding a special window for transfer requests and dematerialisation of physical shares. The move aims to ease the conversion of physical shares into electronic form. This is a routine corporate action to improve shareholder convenience. 📊 *STOCKS:* $GRINDWELL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #ShareTransfer

NSE Filing5 Aug
Low Impact

Grindwell Norton announces 76th Annual General Meeting details

*Grindwell Norton announces 76th Annual General Meeting and e-Voting details.* The notice includes information on date, time, and agenda for shareholders. E-voting facilities will be available for investor participation. No financial updates or material changes were disclosed. 📊 *STOCKS:* GRINDWELL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #AGM

NSE Filing2 Jul
Low Impact

Grindwell Norton announces AGM and dividend details

*Grindwell Norton announces AGM and dividend details.* The company has published a notice for its 76th Annual General Meeting, along with dividend and record date information. Details on the dividend amount and **record date** are included in the announcement. Investors should review the notice for key dates and payouts. 📊 *STOCKS:* GRINDSMILL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #Dividend

NSE Filing24 Jun
Low Impact

Financials

Quarterly Results

MetricDec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024
Revenue
₹753 Cr
2.8%
₹775 Cr
10.2%
₹703 Cr
1.0%
₹710 Cr
1.0%
₹703 Cr
1.3%
₹694 Cr
1.7%
₹706 Cr
2.2%
₹691 Cr
Op. Profit
₹139 Cr
1.4%
₹141 Cr
8.5%
₹130 Cr
2.4%
₹127 Cr
3.3%
₹123 Cr
4.7%
₹129 Cr
3.0%
₹133 Cr
6.4%
₹125 Cr
OPM
18.0%
0.0%
18.0%
0.0%
18.0%
0.0%
18.0%
0.0%
18.0%
5.3%
19.0%
0.0%
19.0%
5.6%
18.0%
Net Profit
₹96 Cr
10.3%
₹107 Cr
13.8%
₹94 Cr
1.1%
₹93 Cr
5.7%
₹88 Cr
9.3%
₹97 Cr
4.3%
₹93 Cr
0.0%
₹93 Cr
EPS (₹)
8.6
10.9%
9.65
13.1%
8.53
2.0%
8.36
6.6%
7.84
9.8%
8.69
3.3%
8.41
0.6%
8.36

Values in ₹ Cr · Source: Screener.in

Annual Profit & Loss

MetricMar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Revenue
₹3.1K Cr
9.3%
₹2.8K Cr
4.7%
₹2.7K Cr
5.7%
₹2.5K Cr
26.2%
₹2.0K Cr
22.9%
₹1.6K Cr
3.7%
₹1.6K Cr
1.1%
₹1.6K Cr
11.7%
₹1.4K Cr
13.3%
₹1.3K Cr
Expenses
₹2.5K Cr
8.7%
₹2.3K Cr
6.0%
₹2.2K Cr
6.2%
₹2.0K Cr
26.6%
₹1.6K Cr
22.7%
₹1.3K Cr
0.1%
₹1.3K Cr
0.8%
₹1.3K Cr
12.1%
₹1.2K Cr
10.6%
₹1.1K Cr
Op. Profit
₹576 Cr
11.8%
₹515 Cr
1.0%
₹520 Cr
3.8%
₹501 Cr
25.3%
₹400 Cr
23.5%
₹324 Cr
22.3%
₹265 Cr
2.6%
₹272 Cr
9.7%
₹248 Cr
28.5%
₹193 Cr
OPM
19.0%
5.6%
18.0%
5.3%
19.0%
5.0%
20.0%
0.0%
20.0%
0.0%
20.0%
17.6%
17.0%
0.0%
17.0%
0.0%
17.0%
13.3%
15.0%
Other Income
₹93 Cr
17.7%
₹79 Cr
17.9%
₹67 Cr
26.4%
₹53 Cr
0.0%
₹53 Cr
3.9%
₹51 Cr
27.5%
₹40 Cr
14.3%
₹35 Cr
34.6%
₹26 Cr
16.1%
₹31 Cr
Interest
₹8 Cr
11.1%
₹9 Cr
12.5%
₹8 Cr
0.0%
₹8 Cr
100.0%
₹4 Cr
33.3%
₹3 Cr
25.0%
₹4 Cr
100.0%
₹2 Cr
0.0%
₹2 Cr
0.0%
₹2 Cr
Depreciation
₹105 Cr
12.9%
₹93 Cr
31.0%
₹71 Cr
18.3%
₹60 Cr
13.2%
₹53 Cr
1.9%
₹54 Cr
6.9%
₹58 Cr
28.9%
₹45 Cr
0.0%
₹45 Cr
7.1%
₹42 Cr
PBT
₹555 Cr
12.8%
₹492 Cr
3.1%
₹508 Cr
4.5%
₹486 Cr
22.7%
₹396 Cr
24.9%
₹317 Cr
30.5%
₹243 Cr
6.5%
₹260 Cr
14.5%
₹227 Cr
26.1%
₹180 Cr
Tax %
25.0%
0.0%
25.0%
4.2%
24.0%
7.7%
26.0%
4.0%
25.0%
0.0%
25.0%
4.2%
24.0%
31.4%
35.0%
2.9%
34.0%
3.0%
33.0%
Net Profit
₹417 Cr
12.4%
₹371 Cr
3.4%
₹384 Cr
6.1%
₹362 Cr
22.7%
₹295 Cr
23.9%
₹238 Cr
29.3%
₹184 Cr
8.9%
₹169 Cr
11.9%
₹151 Cr
24.8%
₹121 Cr
EPS (₹)
37.54
12.7%
33.3
3.9%
34.65
6.0%
32.69
22.4%
26.7
23.6%
21.6
31.1%
16.48
9.1%
15.1
11.6%
13.53
25.5%
10.78
Div Payout
51.0%
0.0%
51.0%
4.1%
49.0%
11.4%
44.0%
2.2%
45.0%
2.3%
44.0%
4.3%
46.0%
15.0%
40.0%
8.1%
37.0%
0.0%
37.0%

Values in ₹ Cr · Source: Screener.in

Balance Sheet

ItemSep 2025Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Liabilities
Equity Capital
₹55 Cr
0.0%
₹55 Cr
0.0%
₹55 Cr
0.0%
₹55 Cr
0.0%
₹55 Cr
0.0%
₹55 Cr
0.0%
₹55 Cr
0.0%
₹55 Cr
0.0%
₹55 Cr
0.0%
₹55 Cr
Reserves
₹2.2K Cr
1.2%
₹2.2K Cr
10.0%
₹2.0K Cr
14.3%
₹1.8K Cr
15.7%
₹1.5K Cr
15.6%
₹1.3K Cr
15.6%
₹1.1K Cr
8.5%
₹1.0K Cr
11.6%
₹935 Cr
11.6%
₹838 Cr
Borrowings
₹80 Cr
4.8%
₹84 Cr
1.2%
₹83 Cr
62.7%
₹51 Cr
240.0%
₹15 Cr
25.0%
₹12 Cr
₹0 Cr
₹0 Cr
₹0 Cr
100.0%
₹8 Cr
Other Liabilities
₹780 Cr
8.9%
₹716 Cr
14.0%
₹628 Cr
14.4%
₹549 Cr
3.2%
₹532 Cr
9.7%
₹485 Cr
20.0%
₹404 Cr
16.4%
₹347 Cr
0.6%
₹349 Cr
12.9%
₹309 Cr
Total Liabilities
₹3.1K Cr
2.8%
₹3.1K Cr
10.4%
₹2.8K Cr
15.0%
₹2.4K Cr
13.7%
₹2.1K Cr
13.6%
₹1.9K Cr
17.0%
₹1.6K Cr
10.2%
₹1.4K Cr
7.9%
₹1.3K Cr
10.7%
₹1.2K Cr
Assets
Fixed Assets
₹883 Cr
0.3%
₹886 Cr
17.2%
₹756 Cr
29.0%
₹586 Cr
51.8%
₹386 Cr
4.3%
₹370 Cr
3.9%
₹385 Cr
11.6%
₹345 Cr
0.9%
₹342 Cr
7.1%
₹368 Cr
CWIP
₹51 Cr
96.2%
₹26 Cr
79.7%
₹128 Cr
3.2%
₹124 Cr
85.1%
₹67 Cr
179.2%
₹24 Cr
17.2%
₹29 Cr
32.6%
₹43 Cr
72.0%
₹25 Cr
316.7%
₹6 Cr
Investments
₹927 Cr
3.9%
₹892 Cr
29.5%
₹689 Cr
7.3%
₹642 Cr
20.9%
₹531 Cr
25.5%
₹713 Cr
22.3%
₹583 Cr
218.6%
₹183 Cr
7.0%
₹171 Cr
17.9%
₹145 Cr
Other Assets
₹1.3K Cr
2.4%
₹1.3K Cr
4.9%
₹1.2K Cr
13.2%
₹1.1K Cr
7.0%
₹1.1K Cr
50.1%
₹755 Cr
26.9%
₹595 Cr
32.0%
₹875 Cr
9.1%
₹802 Cr
16.2%
₹690 Cr
Total Assets
₹3.1K Cr
2.8%
₹3.1K Cr
10.4%
₹2.8K Cr
15.0%
₹2.4K Cr
13.7%
₹2.1K Cr
13.6%
₹1.9K Cr
17.0%
₹1.6K Cr
10.2%
₹1.4K Cr
7.9%
₹1.3K Cr
10.7%
₹1.2K Cr

Values in ₹ Cr · Source: Screener.in

Cash Flow Statement

ItemMar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Operating CF
₹458 Cr
24.5%
₹368 Cr
6.4%
₹393 Cr
110.2%
₹187 Cr
43.5%
₹331 Cr
4.1%
₹318 Cr
274.1%
₹85 Cr
36.6%
₹134 Cr
21.2%
₹170 Cr
22.3%
₹139 Cr
Investing CF
₹-159 Cr
13.6%
₹-184 Cr
26.7%
₹-251 Cr
364.8%
₹-54 Cr
76.5%
₹-230 Cr
48.0%
₹-442 Cr
718.5%
₹-54 Cr
31.7%
₹-41 Cr
2.5%
₹-40 Cr
5.3%
₹-38 Cr
Financing CF
₹-221 Cr
26.3%
₹-175 Cr
25.0%
₹-140 Cr
22.8%
₹-114 Cr
20.0%
₹-95 Cr
0.0%
₹-95 Cr
39.7%
₹-68 Cr
13.3%
₹-60 Cr
2100.0%
₹3 Cr
102.9%
₹-102 Cr
Net Cash Flow
₹78 Cr
766.7%
₹9 Cr
800.0%
₹1 Cr
94.7%
₹19 Cr
171.4%
₹7 Cr
103.2%
₹-220 Cr
494.6%
₹-37 Cr
215.6%
₹32 Cr
75.9%
₹133 Cr
₹0 Cr
Free Cash Flow
₹366 Cr
83.9%
₹199 Cr
176.4%
₹72 Cr
7.5%
₹67 Cr
76.3%
₹283 Cr
5.6%
₹268 Cr
1388.9%
₹18 Cr
81.3%
₹96 Cr
17.9%
₹117 Cr
18.2%
₹99 Cr

Values in ₹ Cr · Source: Screener.in

Key Ratios History

MetricMar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Debtor Days
47d
4.1%
49d
22.5%
40d
7.0%
43d
4.4%
45d
4.3%
47d
0.0%
47d
4.4%
45d
21.6%
37d
11.9%
42d
Inventory Days
140d
5.4%
148d
1.4%
146d
20.7%
184d
12.9%
163d
5.2%
155d
8.3%
169d
6.3%
159d
1.9%
162d
14.7%
190d
Days Payable
122d
10.9%
110d
25.0%
88d
34.3%
134d
15.2%
158d
36.2%
116d
24.7%
93d
18.4%
114d
4.6%
109d
75.8%
62d
Cash Conv. Cycle
66d
23.3%
86d
12.2%
98d
6.5%
92d
84.0%
50d
42.5%
87d
29.3%
123d
36.7%
90d
1.1%
89d
48.0%
171d
Working Capital Days
37d
21.3%
47d
6.8%
44d
13.7%
51d
41.7%
36d
28.0%
50d
32.4%
74d
37.0%
54d
10.2%
49d
12.5%
56d
ROCE
21.0%
16.0%
25.0%
10.7%
28.0%
7.7%
26.0%
13.0%
23.0%
15.0%
20.0%
13.0%
23.0%
0.0%
23.0%
15.0%
20.0%
9.1%
22.0%

Source: Screener.in · Lower days = better efficiency

About Grindwell Norton Limited

Grindwell Norton Limited is engaged in the business of manufacturing Abrasives, Ceramics & Plastics and providing IT Services. [1]

Capital GoodsIndustrial Products

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Frequently Asked Questions

What is Grindwell Norton Limited share price today?
Grindwell Norton Limited (GRINDWELL) is currently trading at ₹1,962.5 on NSE, down 0.60% as of the last market session. Prices update daily after market close on MarketNetra.
Is Grindwell Norton Limited available in F&O (Futures & Options)?
Yes, Grindwell Norton Limited (GRINDWELL) is part of the NSE F&O segment with a lot size of 1 shares. Options are available with monthly expiry contracts. You can track the full option chain and OI analysis on MarketNetra.
What is Grindwell Norton Limited 52-week high and low?
Grindwell Norton Limited's 52-week high is ₹2,464 and the 52-week low is ₹1,329. The current price of ₹1,962.5 is 20.4% below the 52W high.
What is Grindwell Norton Limited P/E ratio?
Grindwell Norton Limited's current P/E ratio is 49.8. This indicates the market is paying ₹49.8 for every ₹1 of earnings. Compare this to the sector average to assess relative valuation.
How to trade Grindwell Norton Limited options?
Grindwell Norton Limited options are traded on NSE with monthly expiry contracts (lot size: 1 shares). To trade GRINDWELL options: select your expiry on the option chain page, identify key OI strikes, check the PCR and buildup type on OI analysis, and review FII/DII flows for institutional sentiment before taking a position.