• SENSEX 81,463.09
    -721.08 (--0.88%)
  • BANKNIFTY 56,528.90
    -537.15 (--0.94%)
  • Authum Invest
    2,250.00 985.45(%)
  • Indian Energy Ex
    149.45 244.35(%)
  • Vimta Labs
    598.90 598.90(%)
  • Bharti Airtel
    1,952.40 2,045.50(%)
  • Force Motors
    16,488.00 6,128.55(%)
  • Bajaj Finance
    897.65 642.61(%)
  • Anant Raj
    606.00 947.25(%)
  • Jayaswal Neco
    40.05 26.06(%)
  • Sharda Cropchem
    1,090.25 1,090.25(%)
  • Infosys
    1,511.35 1,307.10(%)
  • Olectra Greentec
    1,460.00 973.65(%)
  • Tata Motors
    685.00 542.55(%)
  • Eternal Ltd
    306.25 189.60(%)
  • Trent
    5,033.80 4,491.75(%)
  • Reliance Industr
    1,384.50 1,115.55(%)
  • Waaree Energies
    3,171.00 1,808.65(%)
  • Phoenix Mills
    1,545.00 1,965.00(%)
  • Kajaria Ceramics
    1,151.00 745.00(%)
  • Adani Green
    972.75 758.00(%)
  • Cipla
    1,553.00 1,702.00(%)
  • Overview
  • Key Ratios
  • Financials
  • Shareholding
  • Company Info
  • Peer Comparison
Overview
  • Overview
  • Key Ratios
  • Financials
  • Shareholding
  • Company Info
  • Peer Comparison

Grindwell Norton Ltd Abrasives And Grinding Wheels

  • MNC Asc-StGobain
  • BSE Code : 209.0
  • ISIN : INE536A01023
1,643.10 -117 (-6.67%)
  • As on 26 Jul 2025 (EOD)

  • Today’s Low

    1,632.00

  • Today’s High

    1,773.00

  • Open

    1,773.00

  • Perv Close

    1,760.50

  • 52W Low

    1,356.05

  • 52W High

    2,787.30

Key Indicators

  • P/E(TTM)

    53.94

  • Mar.Cap (₹Cr.)

    18,192.40

  • Div & Yield %

    1.03

  • Book Value(₹)

    202.31

  • Debt-Equity Ratio

    -6.67

  • AGM Date

    25-Jul-2025

  • EPS

    30.49

  • P/E Ratio

    53.94

Financials Ratios

  • Debt-Equity Ratio

    0.03

  • Mar.Cap (₹Cr.)

    18,192.40

  • RONW (%)

    19.92

  • ROCE (%)

    25.23

Score Board

  • Equity (₹ in Cr.)

    55.36

  • BV (₹)

    202.30

  • Sales( ₹ in Cr.)

    2,737.36

  • NP (in Cr.)

    337.59

  • NP Var(%)

    -8.0

  • Div%

    340.0

  • CPS (₹)

    38.60

  • EPS (₹)

    30.50

  • Traded Value (₹ in Lakhs)

    18,207.90

  • 52 Week High

    2,787.30

  • 52 Week Low

    1,356.05

  • Price BSE

    1645.0

  • Price NSE

    1,643.00

  • Market Capital( in Cr.)

    18,207.90

  • P/C Ratio

    42.60

  • P/E Ratio

    54.00

  • Price Vs.BV

    30.50

View More
Invest Now!

Navigate The Market With Confidence

Your all-in-one destination for expert investment guidance and streamlined portfolio management solutions

Financials

All Values are in (₹Cr)
Particulars(INCOME) 2025 Mar 2024 Mar 2023 Mar 2022 Mar 2021 Mar 2020 Mar
INCOME :            
Sales Turnover 2,737.36 2,651.68 2,523.76 2,005.62 1,632.90 1,552.35
Excise Duty 0.00 0.00 0.00 0.00 0.00 0.00
Net Sales 2,737.36 2,651.68 2,523.76 2,005.62 1,632.90 1,552.35
Other Income 79.86 68.31 56.01 53.06 50.97 46.17
Stock Adjustments -27.00 9.62 24.51 72.05 -31.55 -0.29
Total Income 2,790.22 2,729.61 2,604.28 2,130.73 1,652.32 1,598.23
EXPENDITURE :            
Raw Materials 1,226.74 1,206.55 1,190.27 969.71 700.92 729.49
Power and Fuel Cost 119.91 114.13 107.39 77.88 58.53 66.53
Employee Cost 333.77 322.91 294.44 248.12 205.42 201.81
Other Manufacturing Expenses 111.47 110.51 99.89 80.07 68.21 73.88
Selling and Administration Expenses 304.98 293.75 274.83 243.22 198.82 192.03
Miscellaneous Expenses 116.15 101.18 80.97 56.91 45.65 36.19
Employee Benefit Expenses 333.77 322.91 294.44 248.12 205.42 201.81
Less: Preoperative Expenditure 0.00 0.00 0.00 0.00 0.00 0.00
Total Expenses 2,213.03 2,149.02 2,047.79 1,675.91 1,277.55 1,299.93
Operating Profit 577.20 580.58 556.48 454.83 374.77 298.30
Interest 8.65 6.92 7.53 3.96 3.24 4.28
Gross Profit 568.55 573.66 548.95 450.87 371.53 294.02
Depreciation 89.91 68.83 58.11 51.24 51.89 54.66
Profit Before Tax 478.64 504.83 490.84 399.63 319.64 239.36
Current Tax 114.21 121.73 127.02 107.80 78.74 65.84
Fringe Benefit tax 0.00 0.00 0.00 0.00 0.00 0.00
Deferred Tax 3.60 2.38 -2.09 -6.18 -1.18 -9.42
Reported Net Profit 360.83 380.72 365.91 298.00 242.07 182.95
Extraordinary Items 23.24 14.55 13.78 14.06 17.14 11.51
Adjusted Net Profit 337.59 366.17 352.13 283.94 224.93 171.44
Adjustment below Net Profit -4.30 1.16 -0.84 -2.50 -1.92 -16.24
P & L Balance brought forward 1,390.34 1,169.00 936.79 746.47 589.37 489.08
Statutory Appropriations 0.00 0.00 0.00 0.00 0.00 0.00
Appropriations 188.22 160.54 132.86 105.18 83.04 66.43
P & L Balance carried down 1,558.64 1,390.34 1,169.00 936.79 746.47 589.37
Dividend 0.00 0.00 0.00 0.00 0.00 0.00
Preference Dividend 0.00 0.00 0.00 0.00 0.00 0.00
Equity Dividend (%) 340.00 340.00 290.00 240.00 190.00 150.00
Dividend Per Share(Rs) 17.00 17.00 14.50 12.00 9.50 7.50
Earnings Per Share-Unit Curr 32.59 34.39 33.05 26.91 21.86 16.52
Earnings Per Share(Adj)-Unit Curr 32.59 34.39 33.05 26.91 21.86 16.52
Book Value 202.31 184.94 162.66 140.87 122.26 105.97
Book Value(Adj)-Unit Curr 202.31 184.94 162.66 140.87 122.26 105.97

Shareholding Pattern

  • Promoter Group

    58.03%

  • Public Share Holding

    41.97%

Category of Shareholder No of Shares % Holdings Demat Shares Shareholders
A]. Promoter & Group
Foreign (Promoter & Group) - Bodies Corporate 56,828,000 51.33 56,828,000 2
Foreign (Promoter & Group)-Individuals (Non-Resident / Foreign) 0 0.00 0 0
Foreign Promoter(Institutional) 0 0.00 0 0
Promoter Others 0 0.00 0 0
Sub Total 56,828,000 51.33 56,828,000 2
[2] INDIAN
Bodies Corporate-Indian (Promoter & Group) 300,000 0.27 300,000 1
Government(Central / State)-Indian (Promoter & Group) 0 0.00 0 0
Directors & their Relatives-Indian (Promoter & Group) 0 0.00 0 0
Financial Institutions / Banks-Indian (Promoter & Group) 0 0.00 0 0
Individuals / Hindu Undivided Family-Indian (Promoter & Group) 7,126,259 6.44 7,126,259 8
Partnership Firms-Indian (Promoter & Group) 0 0.00 0 0
Persons Acting in Concert 0 0.00 0 0
Trusts 0 0.00 0 0
Others 0 0.00 0 0
Sub Total 7,426,259 6.71 7,426,259 9
Total ShareHolding for Promoter & Group
B]. Publice Share Holding
1] Institution
Government(Central / State) 0 0.00 0 0
Clearing Members 0 0.00 0 0
Corporate Bodies 0 0.00 0 0
Foreign Direct Investments 0 0.00 0 0
Financial Institutions / Banks 3,200 0.00 400 5
Foreign Bank 0 0.00 0 0
Foreign Bodies Corporate/OCBs/FBC 0 0.00 0 0
Foreign Collaborators 0 0.00 0 0
Foreign Institutional Investors 7,547,506 6.82 7,547,506 133
Foreign Venture Capital Investors 0 0.00 0 0
Foreign Institution Other 3,600 0.00 2,400 3
Insurance Companies 729,941 0.66 729,941 4
Mutual Funds / UTI 19,327,475 17.46 19,327,475 22
Individuals (Non-Resident / Foreign) 0 0.00 0 0
NSDL Intransit 0 0.00 0 0
Others 92,353 0.08 92,353 6
Trusts 0 0.00 0 0
Venture Capital Funds 0 0.00 0 0
Sub total 27,704,075 25.02 27,700,075 173
2] Non Institution
Bodies Corporate 1,449,756 1.31 1,448,956 256
Clearing Members 221 0.00 221 5
Directors of their Relatives 40,800 0.04 40,800 2
Employees 0 0.00 0 0
Escrow Account 0 0.00 0 0
Foreign Corporate Bodies 0 0.00 0 0
Foreign Direct Investments 0 0.00 0 0
NRIs/Foreign Individuals/Foreign Nationals 898,946 0.81 898,946 1,125
Foreign Non Institution Other 0 0.00 0 0
Hindu Undivided Families 1,166,689 1.05 1,166,689 802
Indian Public 0 0.00 0 0
Individuals holding nominal share capital in excess of Rs. 1 lakh 6,720,828 6.07 6,720,828 26
Individuals holding nominal share capital up to Rs. 1 lakh 5,975,014 5.40 5,618,400 44,671
Market Maker 0 0.00 0 0
NSDL Transit 0 0.00 0 0
Shares in transit 0 0.00 0 0
Societies 0 0.00 0 0
Trust & Foundation 1,279,676 1.16 1,279,676 6
Others 300,823 0.27 300,823 2
Sub Total 18,761,666 16.95 18,403,852 46,926
Total Public Shareholding
C]. Shares held by Custodians and against which Depository Receipts have been issued
ADR 0 0.00 0 0
GDR 0 0.00 0 0
Other Custodians 0 0.00 0 0
Total Shares held by Custodians and against which Depository Receipts have been issued 0 0.00 0 0
Grand Total ( A + B + C ) 110,720,000 100.00 110,358,186 47,110

Company Background

Grindwell Norton LtdAbrasives And Grinding Wheels

  • Grindwell Norton Ltd
  • BSE Code : 209.0
  • ISIN : INE536A01023

  • Incorporation Year

    1950

  • Registered Office

    Leela Business Park 5th level
    Andheri-Kurla Rd Andheri(East), Mumbai,
    Maharashtra-400059

  • Telephone

    91-22-40212121

  • FAX

    91-22-40212102

  • Chairman

    SUBODH SATCHITANAND NADKARNI

  • Managing Director

    Venugopal Shanbhag

  • Company Secretary

    K Visweswaran

  • Auditor

    Kalyaniwalla & Mistry LLP

  • Face Value

    5

  • Listing

    NSE

  • Registrar

    TSR Consultants P Ltd
    C-101 1st Floor,
    247 Park Vikhroli W,Lal Bahadur Marg
    Mumbai - Mumbai - 400 083

Grindwell Norton Ltd Peer Comparison

Profit & Loss
Financial Ratios
Balance Sheet
Select Company Name LTP (₹) Revenue Sales P/E Ratio ROCE %
Grindwell Norton 1,644.50 2,817.22 2,737.36 50.46 21.44
Ingersoll-Rand 3,969.60 1,374.58 1,336.29 46.84 59.26
Carborundum Uni. 958.30 2,866.45 2,827.58 56.74 17.40
Intl. Combustion 800.15 298.63 296.78 12.79 26.25
Elecon Engg.Co 576.65 1,923.99 1,871.12 24.72 28.75
Elgi Equipments 573.35 2,150.50 2,080.90 51.89 28.24
Graphite India 541.55 2,844.67 2,420.00 23.39 10.34
Panasonic Carbon 518.25 65.78 54.00 11.94 17.02
HEG 514.20 2,279.39 2,152.71 97.94 5.18
Greaves Cotton 200.15 2,027.40 1,988.02 25.08 17.48
Batliboi 126.55 203.33 195.60 75.33 5.95