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Grindwell Norton Key Ratios

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NSE: GRINDWELL | BSE: 506076

₹2,057.70

up-down-arrow ₹33.60 (1.66%)

As on 28-Aug-2026IST

Market cap

info icon

₹22,773 Cr

Revenue (TTM)

info icon

₹3,173 Cr

P/E Ratio

info icon

52.2

P/B Ratio

info icon

8.7

Div. Yield

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0.9 %

Key Ratios and Highlights

Growth Score (%) Quarterly Annual (TTM)
Particulars QoQ YoY 1-Year 3-Years 5-Years
Revenue -4.62 14.19 12.94 7.26 11.46
EBIT -5.65 25.50 19.93 3.79 8.07
Net Profit -2.72 22.30 17.92 5.99 9.67
EPS -2.72 22.30 17.92 5.99 9.67
Book Value -- -- 12.33 11.95 13.18
Key Ratios (%) Average Annual (TTM)
Particulars3-Years5-YearsTTMMar-26Mar-25
EBIT-Margin info 15.6716.2615.6015.2514.96
Net Margin info 13.3413.6213.3813.1612.84
Return on equity info 18.1119.3818.1217.5517.37
Return on Capital info 24.1825.94--23.5223.16
Return on Assets info 10.6414.2613.4712.8412.76
Debt to Equity (x) info ----0.000.000.00

Profitability

View Detailed Peer Comparison

ROCE

--

--

Earning before interest and taxes / (Average net worth + Average total Debt) * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Grindwell Norton
--
23.52
23.16
26.53
29.15
Peer Median
--
19.55
22.69
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
ROE

18.12

Higher than Peers by 2.34

Profit after tax / Average Net worth * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Grindwell Norton
18.12
17.55
17.37
20.05
21.61
Peer Median
15.77
16.13
19.23
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
ROA

13.47

Higher than Peers by 1.28

Profit after tax / Average Total assets * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Grindwell Norton
13.47
12.84
12.76
14.85
15.99
Peer Median
12.19
10.86
12.77
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EBIT Margin

15.60

Higher than Peers by 3.27

Operating profit (EBIT) / Net Sales * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Grindwell Norton
15.60
15.25
14.96
16.69
17.23
Peer Median
12.33
10.37
10.27
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Net Margin

13.38

Higher than Peers by 3.91

Net profit / Total Income (Net sales plus other income) * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Grindwell Norton
13.38
13.16
12.84
13.94
13.91
Peer Median
9.48
8.47
10.49
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Cash Profit Margin

--

--

(Net profit + Depreciation) / Gross Sales * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Grindwell Norton
--
16.62
16.16
16.54
16.27
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Growth

View Detailed Peer Comparison

Revenue Growth

12.94

Higher than Peers by 7.28

Year on year growth in net sales

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Grindwell Norton
12.94
9.30
4.65
5.72
26.26
Peer Median
5.67
10.14
4.08
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EBIT Growth

19.93

Higher than Peers by 18.75

Year on year growth in operating profit (EBIT)

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Grindwell Norton
19.93
11.43
-6.26
2.45
26.74
Peer Median
1.18
17.75
-8.81
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Net Profit Growth

17.92

Higher than Peers by 17.94

Year on year growth in profit after tax

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Grindwell Norton
17.92
12.26
-3.30
6.21
22.52
Peer Median
-0.02
12.94
-12.67
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EPS Growth

17.92

Higher than Peers by 18.75

Year on year growth in earnings per share

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Grindwell Norton
17.92
12.73
-3.89
6.00
22.41
Peer Median
-0.83
16.02
-10.17
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Book Value Growth

--

--

Year on year growth in book value per share

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Grindwell Norton
--
12.33
9.72
13.84
15.18
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Solvency

View Detailed Peer Comparison

Debt to Equity

--

--

Total debt / Net worth

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Grindwell Norton
--
0.00
0.00
0.01
0.01
Peer Median
0.00
0.08
0.04
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Short term debt to equity ratio

--

--

(Short term borrowings / Net worth)

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Grindwell Norton
--
--
0.00
0.00
0.00
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Current Ratio

2.81

Higher than Peers by 0.44

Current Assets / Current Liabilities and Provisions

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Grindwell Norton
2.81
2.81
2.83
2.76
2.77
Peer Median
2.36
2.01
2.62
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Quick Ratio

2.17

Higher than Peers by 0.96

(Current Assets - Inventory) / Current Liabilities and Provisions

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Grindwell Norton
2.17
2.17
2.06
1.90
1.84
Peer Median
1.21
1.06
1.43
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Interest Coverage

80.04

Higher than Peers by 39.95

Earning before interest and taxes (EBIT) / Interest Expenses

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Grindwell Norton
80.04
69.00
53.63
66.52
63.29
Peer Median
40.09
16.02
36.46
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Operating Efficiency

View Detailed Peer Comparison

Debtors to sales

12.50

Lower than Peers by 0.58

Debtors outstanding / Net Sales * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Grindwell Norton
12.50
12.91
12.89
13.30
11.03
Peer Median
13.08
12.50
12.89
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Asset Turnover

0.98

Lower than Peers by 0.01

Sales / Average Total Assets

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Grindwell Norton
0.98
0.97
0.99
1.06
1.15
Peer Median
0.98
0.99
0.98
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Receivable days

--

--

Average Debtors / Sales * 365

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Grindwell Norton
--
44.13
45.78
42.33
36.42
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Inventory Days

--

--

Average Inventory / Sales * 365

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Grindwell Norton
--
56.46
62.16
63.17
64.20
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Payable days

--

--

Average Creditors / Cost of goods sold * 365

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Grindwell Norton
--
120.35
112.65
97.04
95.35
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Cash Conversion Cycle

--

--

Receivable Days + Inventory Days - Payable Days

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Grindwell Norton
--
-19.76
-4.72
8.46
5.27
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Valuation

View Detailed Peer Comparison

Price / Earnings

52.19

Lower than Peers by 32.88

Current share price divided by earning per share in the last twelve months

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Grindwell Norton
52.19
36.04
50.63
54.81
57.36
Peer Median
85.07
85.07
53.86
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Price / Book Value

8.67

Higher than Peers by 1.38

Current share price divided by book value per share in the latest financial year

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Grindwell Norton
8.67
5.96
8.35
10.31
11.59
Peer Median
7.29
7.29
6.15
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Dividend Yield

0.92

Higher than Peers by 0.57

Dividend per share in the past twelve months divided by current share price

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Grindwell Norton
0.92
1.40
1.01
0.90
0.77
Peer Median
0.36
0.36
0.89
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EV/EBITDA

32.00

--

Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Grindwell Norton
32.00
21.68
31.05
35.44
37.14
Peer Median
--
46.13
37.93
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Market Cap

22,773

Higher than Peers by 1,435

Current Share price multiplied by latest total number of shares outstanding

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Grindwell Norton
22,773
14,981
18,670
21,027
20,759
Peer Median
21,338
21,338
19,858
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
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