NSE · GRINDWELL · Capital Goods-Non Electrical Equipment
Grindwell Norton Limited
Revenue & net profit by period
Bars = revenue (₹ Cr) · line = net profit (₹ Cr). Straight from disclosed results.
Latest period: revenue ₹794 Cr with net profit ₹116 Cr — a 14.55% net margin, versus 13.12% the period before.
Shareholding
As of 2026-06-30
- Promoter58.03%
- Public17.17%
- FII5.21%
- DII19.59%
45,545 shareholders on record
Promoter holding trend
Each disclosed period, oldest to newest
52-week position
Where the current price sits in its yearly band
The band spans 1.85× from low to high.
Risk flags
Derived from disclosed data
No flags raised by the data.
Peer comparison
Abrasives And Grinding Wheels · ranked #1 of 4 by market cap · medians across 3 industry peers
| Company | Mkt cap | P/E | P/B | ROE | Margin |
|---|---|---|---|---|---|
| Grindwell Norton Limited(this company) | ₹23,271 Cr | 196.06 | 9.18 | 16.4% | 13.57% |
| Carborundum Universal Ltd. | ₹20,021 Cr | 66.25 | 5.13 | 11.08% | 7.52% |
| Wendt (India) Limited | ₹1,621 Cr | 95.62 | 6.38 | 5.73% | 6.69% |
| Welcast Steels Ltd. | ₹45 Cr | — | 1.3 | -7.22% | -11.57% |
AI analysis
AI-generated · google/gemini-2.5-flashGrindwell Norton Limited is listed in the Capital Goods-Non Electrical Equipment sector. The company's market capitalization stands at Rs 23199 Cr. Its PE ratio is 195.46 and the book value is Rs 228.63. The company reported an EPS of 34.98 and a dividend yield of 91. Return on equity (ROE) is 16.4% and return on capital employed (ROCE) is 21.68%.
Positives
- +The debt-to-equity ratio is low at 0.03, indicating minimal financial leverage.
- +The Return on Capital Employed (ROCE) is 21.68%, reflecting efficient capital utilization.
- +The dividend yield is high at 91, potentially offering attractive returns to shareholders.
Negatives
- −The Price-to-Earnings (PE) ratio is 195.46, which is relatively high.
- −Promoter shareholding has decreased by 0.86% from 58.8934% in June 2017 to 58.0331% in June 2026.
Financial Performance
Grindwell Norton Limited recorded a revenue growth of 4.65%. The latest annual revenue figure available is Rs 3168.112 Cr for March 2026, with a net profit of Rs 415.6568 Cr. The company's profit margin is 13.57%.
Profitability & Returns
The company's Return on Equity (ROE) is 16.4%, and the Return on Capital Employed (ROCE) is 21.68%. The latest reported annual EPS is 34.98. For the quarter ending March 2026, the company reported a net profit of Rs 118.74 Cr on a revenue of Rs 842.22 Cr.
Balance Sheet
Grindwell Norton Limited maintains a low debt-to-equity ratio of 0.03, indicating a low reliance on debt financing. The book value per share is Rs 228.63.
Ownership & Pledges
As of June 30, 2026, promoters held 58.0331% of the company's shares. FIIs held 5.2121% and DIIs held 19.5879%. Public shareholding was 17.1669%. There are no reported promoter share pledges.
Shareholding History
Promoter holding has seen a slight decrease from 58.8934% in June 2017 to 58.0331% in June 2026. Over the same period, institutional holding (DII + FII) has increased from 18.304% to 24.8%.
Data as of — price: 2026-07-30 · financials: Jun 26 · shareholding: Jun 26. Figures are restated only when the company files again, so a period shown here is the most recent one on record — not necessarily the current quarter.
How this is produced: every figure above is computed from exchange filings and financial data mirrored by IPO Plus — no figure is generated or estimated. This is a factual summary for information and education only. It is not investment advice, not a recommendation to buy, sell or hold any security, and contains no price targets. Verify against the company's filings and the exchanges before any decision.