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  • 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
1,705.70 9 (0.53%)
  • As on 02 Apr 2025 (EOD)

  • Today’s Low

    1,632.00

  • Today’s High

    1,739.00

  • Open

    1,675.50

  • Perv Close

    1,696.70

  • 52W Low

    1,356.05

  • 52W High

    2,960.00

Key Indicators

  • P/E(TTM)

    52.00

  • Mar.Cap (₹Cr.)

    18,885.51

  • Div & Yield %

    1.00

  • Book Value(₹)

    184.82

  • Debt-Equity Ratio

    0.53

  • AGM Date

    01-Apr-2025

  • EPS

    32.79

  • P/E Ratio

    52.00

Financials Ratios

  • Debt-Equity Ratio

    0.03

  • Mar.Cap (₹Cr.)

    18,885.51

  • RONW (%)

    19.92

  • ROCE (%)

    25.23

Score Board

  • Equity (₹ in Cr.)

    55.36

  • BV (₹)

    184.80

  • Sales( ₹ in Cr.)

    2,651.68

  • NP (in Cr.)

    366.17

  • NP Var(%)

    4.0

  • Div%

    340.0

  • CPS (₹)

    39.30

  • EPS (₹)

    33.10

  • Traded Value (₹ in Lakhs)

    18,879.97

  • 52 Week High

    2,960.00

  • 52 Week Low

    1,356.05

  • Price BSE

    1705.0

  • Price NSE

    1,706.00

  • Market Capital( in Cr.)

    18,879.97

  • P/C Ratio

    43.40

  • P/E Ratio

    51.60

  • Price Vs.BV

    33.10

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Financials

All Values are in (₹Cr)
Particulars(INCOME) Mar 2024 Mar 2023 Mar 2022 Mar 2021 Mar 2020 Mar 2019
Sales Turnover 2,651.68 2,523.76 2,005.62 1,632.90 1,552.35 1,566.85
Excise Duty 2,403.80 2,330.48 1,854.22 1,493.32 1,429.16 1,447.22
Net Sales 2,651.68 2,523.76 2,005.62 1,632.90 1,552.35 1,566.85
Other Income 68.31 56.01 53.06 50.97 46.17 37.67
Stock Adjustments 0.00 0.00 0.00 0.00 0.00 0.00
Total Income 2,719.99 2,579.76 2,058.68 1,683.87 1,598.52 1,604.52
EXPENDITURE :
Raw Materials 2,403.80 2,330.48 1,854.22 1,493.32 1,429.16 1,447.22
Power & Fuel Cost 2,403.80 2,330.48 1,854.22 1,493.32 1,429.16 1,447.22
Employee Cost 322.91 294.44 248.12 205.42 201.81 189.54
Other Manufacturing Expenses 97.98 80.97 56.91 45.65 36.19 37.06
Selling & Administrative Expenses 293.75 274.83 243.22 198.82 192.03 211.74
Miscellaneous Expenses 97.98 80.97 56.91 45.65 36.19 37.06
Less : Pre-operative Expenses Capitalised :
Total Expenditure 2,211.96 2,088.92 1,659.06 1,364.24 1,359.15 1,351.43
Operating Profit 224.64 207.28 157.95 126.74 140.41 141.86
Interest 6.92 7.53 3.96 3.24 4.28 1.48
Gross Profit 504.83 490.85 399.62 319.64 239.37 253.10
Depreciation 68.83 58.11 51.24 51.89 54.66 42.22
Profit Before Tax 504.83 490.85 399.62 319.64 239.37 253.10
Tax 121.73 127.02 107.80 78.74 65.84 88.45
Fringe Benefit tax 0.00 0.00 0.00 0.00 0.00 0.00
Deferred Tax 2.38 -2.09 -6.18 -1.18 -9.42 0.81
Reported Net Profit 380.72 365.91 298.00 242.07 182.95 163.84
Extraordinary Items 504.83 490.85 399.62 319.64 239.37 253.10
Adjusted Net Profit 380.72 365.91 298.00 242.07 182.95 163.84
Adjustment below Net Profit 0.00 0.00 0.00 0.00 0.00 0.00
P & L Balance brought forward 0.00 0.00 0.00 0.00 0.00 0.00
Statutory Appropriations 188.22 160.54 132.86 105.18 83.04 66.43
P & L Balance carried down 380.72 365.91 298.00 242.07 182.95 163.84
Dividend - - - - - -
Preference Dividend - - - - - -
Equity Dividend (%) 340.00 290.00 240.00 190.00 150.00 120.00
Dividend Per Share(Rs) 17.00 14.50 12.00 9.50 7.50 6.00
Earnings Per Share-Unit Curr 34.39 33.05 26.91 21.86 16.52 14.80
Book Value 188.22 160.54 132.86 105.18 83.04 66.43
Book Value(Adj)-Unit Curr 188.22 160.54 132.86 105.18 83.04 66.43

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 7,716,040 6.97 7,714,840 140
Foreign Venture Capital Investors 0 0.00 0 0
Foreign Institution Other 0 0.00 0 0
Insurance Companies 765,200 0.69 765,200 5
Mutual Funds / UTI 19,032,205 17.19 19,032,205 25
Individuals (Non-Resident / Foreign) 0 0.00 0 0
NSDL Intransit 0 0.00 0 0
Others 218,110 0.20 218,110 15
Trusts 0 0.00 0 0
Venture Capital Funds 0 0.00 0 0
Sub total 27,734,755 25.05 27,730,755 190
2] Non Institution
Bodies Corporate 1,466,106 1.32 1,458,106 396
Clearing Members 1,231 0.00 1,231 10
Directors of their Relatives 40,800 0.04 40,800 2
Employees 0 0.00 0 0
Escrow Account 200 0.00 200 1
Foreign Corporate Bodies 0 0.00 0 0
Foreign Direct Investments 0 0.00 0 0
NRIs/Foreign Individuals/Foreign Nationals 905,165 0.82 904,365 1,463
Foreign Non Institution Other 0 0.00 0 0
Hindu Undivided Families 1,160,012 1.05 1,160,012 810
Indian Public 0 0.00 0 0
Individuals holding nominal share capital in excess of Rs. 1 lakh 6,757,098 6.10 6,757,098 27
Individuals holding nominal share capital up to Rs. 1 lakh 5,889,304 5.32 5,512,890 47,334
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 1,281,909 1.16 1,281,909 8
Others 301,173 0.27 301,173 1
Sub Total 18,730,986 16.92 18,345,772 50,099
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 ) 110,720,000 100.00 110,330,786 50,300

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

  • Managing Director

    B Santhanam

  • 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 1,705.20 2,719.99 2,651.68 52.00 25.16
Ingersoll-Rand 3,541.65 1,241.20 1,213.69 42.39 50.84
Carborundum Uni. 997.35 2,678.64 2,633.18 53.56 21.10
Intl. Combustion 838.25 298.63 296.78 16.89 26.25
Graphite India 484.80 3,185.06 2,894.38 22.34 2.65
HEG 482.55 2,536.57 2,394.90 46.99 7.31
Panasonic Carbon 480.50 61.73 51.31 11.20 16.65
Elgi Equipments 478.55 1,911.84 1,843.38 44.15 29.83
Elecon Engg.Co 446.80 1,639.38 1,599.67 33.29 32.54
Greaves Cotton 213.10 1,816.88 1,778.59 30.31 18.61
Batliboi 102.90 203.33 195.60 177.41 5.95