Grindwell Norton Limited
Grindwell Norton Limited (GRINDWELL): company summary
The company's business improved with annual revenue rising 9.3% and annual net profit rising 12.3%.
Grindwell Norton Limited (GRINDWELL) is a mid-cap Capital Goods company valued at ₹20,773 crore operating in Abrasives & Bearings on the NSE and BSE.
- Recent price move
- Grindwell Norton Limited last traded at ₹1,893, modestly down 0.25% on the day.
- Recent developments
- On 2026-07-10, the company announced a dividend of ₹19.00 per share, with the ex-date set for that day. The company's promoter holding remained at 58.03% as of 2026-06-30. Foreign institutional holding decreased by 0.35 points to 5.21%, while domestic institutional holding increased by 0.41 points to 19.59%.
- Financial performance
- The company's business improved with annual revenue rising 9.3% and annual net profit rising 12.3%. The latest quarter saw revenue rise 14.3% and net profit rise 22.7% compared to the same quarter a year earlier. The net profit margin increased by 0.4 percentage points to 13.6%, while return on equity remained at 16.4%.
- Valuation multiples
- The stock trades at 50.4 times earnings, 8.33 times book value. It yields 1.0%.
- Things to watch
- The stock is 19.5% below its 52-week high. The company's revenue growth slowed in the latest quarter compared to the previous year's quarter, though net profit growth was stronger. The company's debt to equity ratio is 0.02, indicating almost no debt.
- Where it stands
- The company's latest quarter revenue rose 14.3% and net profit rose 22.7% compared to the same quarter a year earlier. The stock is 19.5% below its 52-week high.
Summarised by DocStoX's model on 2026-10-03 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.
Price performance
Supported by risk (9.4) and quality (6.7), but held back by valuation (0.0). Risk looks strong at 9.4, but that is offset by valuation at 0.0. We are calling it Mixed rather than resolving the conflict for you.
DocStoX score
Low confidenceAt a glance
Key highlights
- Low leverage — D/E 0.02
- Profitable in all of the last 5 years
- Capital works hard — ROCE 22%
- Valuation is weak (0.0/10)
Growth
Financials
Technicals
Peers
News
Forecasts
About the company
More data
Filings, corporate actions and ownership detail — opened on demand.
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Grindwell Norton Limited peers in Capital Goods
Other Capital Goods stocks on the NSE & BSE. See the full Capital Goods sector list.
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