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Clear AllValue Research Rating
Quality Score 
0/0
Growth Score
0/0
Valuation Score
0/0
Momentum Score
0/0
Today’s Range
52 Week Range
Liquidity
Market cap
₹18,801 Cr
P/E Ratio
50.98
P/B Ratio
8.78
Industry P/E
49.01
Debt to Equity
0.01
ROE
20.05 %
ROCE
26.53 %
Div. Yield
1 %
Book Value
193.42
EPS
33.31
CFO
₹2,228.93 Cr
EBITDA
₹3,071.22 Cr
Net Profit
₹2,113.27 Cr
|
YTD
|
1 Month
|
3 Months
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
|
|---|---|---|---|---|---|---|---|
|
Grindwell Norton
| -10.96 | 2.74 | -3.81 | -18.19 | -0.98 | 27.68 | 18.01 |
|
BSE Commodities
| 2.79 | 0.64 | 7.28 | 2.70 | 8.31 | 29.08 | -- |
|
BSE Mid Cap
| -7.09 | 3.06 | 3.67 | 3.63 | 20.86 | 29.95 | 15.48 |
|
2024
|
2023
|
2022
|
2021
|
2020
|
2019
|
2018
|
|
|---|---|---|---|---|---|---|---|
|
Grindwell Norton
| -18.63 | 30.58 | -6.96 | 166.94 | 21.13 | 7.63 | 2.98 |
|
BSE Mid Cap
| 25.84 | 45.53 | 1.38 | 39.18 | 19.87 | -3.05 | -13.31 |
|
BSE Commodities
| 8.14 | 17.51 | 1.22 | 61.53 | 26.07 | -4.62 | -19.21 |
Is there a threat to the company's solvency?
Can creative accounting be detected through the financial numbers?
How did the company perform in the last one year?
3Y Avg -- 5Y Avg -- TTM --
P/E Ratio
--
--Min --Median --Max
P/B Ratio
--
--Min --Median --Max
Earnings Yield (%)
--
Earnings Yield (%) = EBIT / Enterprise value
PEG Ratio
--
Price = Price / Earnings to growth ratio
Company |
Price (₹) | Market Cap (₹ Cr) | P/E Ratio | ROE |
|---|---|---|---|---|
| 1,025.90 | 19,431.69 | 48.77 | 15.75 | |
| 1,897.50 | 21,457.30 | -- | 3.46 | |
| 3,635.10 | 45,904.97 | 47.77 | 17.52 | |
| 10,038.00 | 2,060.00 | 52.18 | 16.68 |
Companies that club industry profits
2 min read•By Mohammed Ekramul Haque
Giants of the Abrasive Industry
1 min read•By Research Desk
Grindwell Norton Limited manufactures and sells abrasives, ceramics, and plastic products in India and internationally. It operates through Abrasives, Ceramics and Plastics, Digital Services, and Others segment. The company offers bonded abrasives in... the form of wheels and other shapes, such as segments, sticks, and cones etc. for various applications, including lapping, honing, super-finishing, thread grinding, fluting, OD grinding, ID grinding, and surface and sace grinding, as well as for rough applications comprising snagging, offhand grinding, and burr removal. It also provides coated abrasives products in various shapes, such as discs, belts, wheels, and sheets and rolls for polishing and surface preparation; non-woven abrasives; super abrasives for precision applications, such as auto, bearing, steel, solar, and electronics industries; thin wheels used for cutting, deburring, and weld-removal; and cutting-edge abrasive products. In addition, the company offers silicon carbide grains primarily for use as raw material in the manufacture of abrasives, iron foundries, and refractories, as well as for stone polishing; and PCR ceramic products for use in sanitary-ware, tableware, ballistic armor protection, wear resistance systems, etc. Further, the company produces and markets performance plastics comprising bearings, seals, tubing and hoses, films, fabrics, and single use bags and assemblies for use in the automotive, oil and gas, life sciences, construction, energy, and general industrial applications. Grindwell Norton Limited was founded in 1941 and is based in Mumbai, India. Grindwell Norton Limited is a subsidiary of Compagnie de Saint-Gobain S.A. Read more
Incorporated
1950
Chairman
--
Managing Director
Venugopal Shanbhag
Group
Grindwell Norton - MNC
Headquarters
Mumbai, Maharashtra
Website
Our rating system has guided millions of investors in the past 20 years.
The total asset value of Grindwell Norton Ltd stood at ₹ 2,840 Cr as on 31-Dec-24
The share price of Grindwell Norton Ltd is ₹1,709.50 (NSE) and ₹1,701.00 (BSE) as of 28-Apr-2025 15:57 IST. Grindwell Norton Ltd has given a return of -0.98% in the last 3 years.
Grindwell Norton Ltd has a market capitalisation of ₹ 18,801 Cr as on 28-Apr-2025. As per Value Research classification, it is a Mid Cap company.
The P/B ratio of Grindwell Norton Ltd is 8.78 times as on 28-Apr-2025, a 51% premium to its peers’ median range of 5.81 times.
The P/E ratio of Grindwell Norton Ltd is 50.98 times as on 28-Apr-2025, a 4% premium to its peers’ median range of 49.01 times.
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Step 4. Search for the Grindwell Norton Ltd and enter the required number of quantities and click on buy to purchase the shares of Grindwell Norton Ltd.
Grindwell Norton Limited manufactures and sells abrasives, ceramics, and plastic products in India and internationally. It operates through Abrasives, Ceramics and Plastics, Digital Services, and Others segment. The company offers bonded abrasives in the form of wheels and other shapes, such as segments, sticks, and cones etc. for various applications, including lapping, honing, super-finishing, thread grinding, fluting, OD grinding, ID grinding, and surface and sace grinding, as well as for rough applications comprising snagging, offhand grinding, and burr removal. It also provides coated abrasives products in various shapes, such as discs, belts, wheels, and sheets and rolls for polishing and surface preparation; non-woven abrasives; super abrasives for precision applications, such as auto, bearing, steel, solar, and electronics industries; thin wheels used for cutting, deburring, and weld-removal; and cutting-edge abrasive products. In addition, the company offers silicon carbide grains primarily for use as raw material in the manufacture of abrasives, iron foundries, and refractories, as well as for stone polishing; and PCR ceramic products for use in sanitary-ware, tableware, ballistic armor protection, wear resistance systems, etc. Further, the company produces and markets performance plastics comprising bearings, seals, tubing and hoses, films, fabrics, and single use bags and assemblies for use in the automotive, oil and gas, life sciences, construction, energy, and general industrial applications. Grindwell Norton Limited was founded in 1941 and is based in Mumbai, India. Grindwell Norton Limited is a subsidiary of Compagnie de Saint-Gobain S.A.
The prominent promoters of Grindwell Norton Ltd. are
| Name of promoters | Holding percentage |
|---|---|
|
Saint Gobain Abrasives Inc |
26.77%
|
|
Spafi-Societe De Participations Financieres Et Industrielles |
24.56%
|
|
Vera Anand Mahajan |
1.71%
|
The chairman of the company is , and the managing director is Venugopal Shanbhag.
There is no promoter pledging in Grindwell Norton Ltd.
Some of the close peers are:
| Company | Market Cap(₹ Cr) |
|---|---|
|
19,527
|
|
|
2,067
|
|
|
44,151
|
|
|
21,376
|
| Grindwell Norton Ltd. | Ratios |
|---|---|
|
Return on equity(%)
|
17.93
|
|
Operating margin(%)
|
15.16
|
|
Net Margin(%)
|
12.93
|
|
Dividend yield(%)
|
1.01
|
Yes, TTM profit after tax of Grindwell Norton Ltd was ₹369 Cr.
₹29.60
(
