Grindwell Norton Limited Share Price & Analysis
₹1,619.6▼ -0.28%Updated 28 Apr 2026, 11:32 am IST
LTP
₹1,619.6
-0.28%
Open
₹—
High
₹1,650
Low
₹1,619.6
Close
₹1,619.6
52W High
₹1,884
52W Low
₹1,329
Volume
10K
Lot Size
1
Sector
Capital Goods
Market Cap
₹18K Cr
Face Value
₹5
Mid Cap
Price Chart
Fundamentals
P/E
45.8
Sector P/E
49.5
P/B
7.86
EPS
₹35.14
ROE
16%
ROCE
20.9%
D/E Ratio
0.04
Div Yield
1.06%
Book Value
₹206
+
Strengths
- ✓Strong return on equity (ROE 16%)
- ✓Efficient capital deployment (ROCE 20.9%)
- ✓Virtually debt-free
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| BEL Bharat Electronics Limited | ₹440 | ₹3.2L Cr | 54.5 | 14.93 | 29.2 | 38.9 | 0 |
| HAL Hindustan Aeronautics Limited | ₹4,317 | ₹2.9L Cr | 32.1 | 7.78 | 26.1 | 33.9 | 0 |
| ABB ABB India Limited | ₹7,430 | ₹1.6L Cr | 93 | 20.08 | 22.4 | 29.9 | 0.01 |
| CUMMINSIND Cummins India Limited | ₹5,257 | ₹1.5L Cr | 62.3 | 18.44 | 28.2 | 36.3 | 0 |
| SIEMENS Siemens Limited | ₹3,848 | ₹1.4L Cr | 82.9 | 10.37 | 11.8 | 15.8 | 0.01 |
| CGPOWER CG Power and Industrial Solutions Limited | ₹829 | ₹1.3L Cr | 116 | 17.49 | 27.7 | 37.5 | 0.02 |
| POLYCAB Polycab India Limited | ₹8,164 | ₹1.2L Cr | 46.1 | 11.6 | 21.4 | 29.7 | 0.02 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
GRINDWELL · as of Mar 2026
Promoters58.04%
FII6.75%▼0.22
DII18.33%▲0.26
Public16.88%▼0.03
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 58.04% | 58.04% | 58.04% | 58.04% | 58.04% | 58.04% |
| FII | 8.42% | 8.31% | 8.63% | 8.25% | 6.97% | 6.75% |
| DII | 15.45% | 15.90% | 16.14% | 16.69% | 18.07% | 18.33% |
| Public | 18.09% | 17.76% | 17.19% | 17.01% | 16.91% | 16.88% |
Corporate Events
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
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 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
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹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 | ₹2.3K 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 | ₹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 | 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 | ₹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 | ₹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 | ₹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 | ₹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% ▲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 | ₹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 (₹) | 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% ▲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
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 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
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 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 | ₹-215 Cr ▼16.8% | ₹-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 | ₹22 Cr ▲144.4% | ₹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
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 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 Goods · Industrial Products
Related Analysis
Frequently Asked Questions
What is Grindwell Norton Limited share price today?▾
Grindwell Norton Limited (GRINDWELL) is currently trading at ₹1,619.6 on NSE, down 0.28% 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 ₹1,884 and the 52-week low is ₹1,329. The current price of ₹1,619.6 is 14.0% below the 52W high.
What is Grindwell Norton Limited P/E ratio?▾
Grindwell Norton Limited's current P/E ratio is 45.8. This indicates the market is paying ₹45.8 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.