Grindwell Norton Peer Comparison

NSE: GRINDWELL | BSE: 506076

₹2,018.20

₹-14.90 (-0.73%)

As on 07-Oct-2026IST

Market cap

₹22,365 Cr

Revenue (TTM)

₹3,173 Cr

P/E Ratio

51.3

P/B Ratio

8.5

Div. Yield

0.9 %

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	Grindwell Norton	Carborundum Uni	Wendt (India)	Usha Martin
Market cap (₹ Cr)	22,365	23,878	1,597	15,854
Revenue (₹ Cr)	3,173	5,414	255	3,837
Net Profit (₹ Cr)	437.38	154.03	16.95	488.56
Net Margin (%)	13.38	2.79	6.50	13.17
RoE (%)	18.12	7.08	6.75	17.40
Price to Earnings	51.26	114.12	94.20	31.27
Price-To-Book	8.51	6.09	6.14	4.61

Income Statement (₹ Cr)

	Grindwell Norton	Carborundum Uni	Wendt (India)	Usha Martin
Operating Revenue	3,173.03	5,413.92	255.43	3,836.87
Total Income	3,268.71	5,511.54	260.77	3,898.85
Total Expenditure	2,572.25	4,821.14	219.67	3,068.39
EBITDA	600.77	592.78	35.76	768.48
Depreciation	105.73	253.41	14.85	121.23
EBIT	495.04	339.37	20.91	647.25
Interest	7.38	21.07	0.02	17.28
Other Income	95.68	97.62	5.34	61.98
Exceptional Items	0.00	-134.57	0.00	-16.87
Profit before Tax	583.34	281.35	26.23	675.08
Provision for Tax	145.95	127.32	9.28	161.63
Profit after Tax	437.38	154.03	16.95	513.45

	Grindwell Norton	Carborundum Uni	Wendt (India)	Usha Martin
Shareholder's Funds	2,534.75	3,899.82	253.87	3,301.93
Minority Interest	-1.36	21.49	0.00	-0.50
Non-Current Liabilities	135.32	217.59	1.82	214.13
Current Liabilities	752.61	1,064.66	49.91	695.61
Total Liabilities	3,435.72	5,271.11	305.60	4,410.68

	Grindwell Norton	Carborundum Uni	Wendt (India)	Usha Martin
Non-Current Assets	1,218.15	2,269.10	104.46	1,724.86
Current Assets	2,112.11	2,840.68	191.42	2,280.03
Total Assets	3,435.72	5,271.11	305.60	4,410.68
Total Debt*	1.01	304.97	0.00	145.54
Net Current Assets	1,359.50	1,776.02	141.51	1,584.42
Contingent Liabilities	54.93	227.36	--	248.47

	Grindwell Norton	Carborundum Uni	Wendt (India)	Usha Martin
Cash From Operating Activities	542.14	367.36	21.87	655.34
Cash Flow from Investing Activities	-315.39	-217.02	-5.24	-366.67
Cash from Financing Activities	-215.00	119.16	-9.42	-321.49
Net Cash Inflow / Outflow	11.75	269.50	7.21	-32.82

	Grindwell Norton	Carborundum Uni	Wendt (India)	Usha Martin
ROCE (%)	23.52	7.66	9.32	20.17
ROE (%)	18.12	7.08	6.75	17.40
ROA (%)	13.47	3.10	5.59	12.90
EBIT Margin (%)	15.60	6.27	8.19	16.87
Net Margin (%)	13.38	2.79	6.50	13.17
Cash Profit Margin (%)	0.00	0.00	0.00	0.00

	Grindwell Norton	Carborundum Uni	Wendt (India)	Usha Martin
Revenue Growth (%)	12.94	10.14	7.85	8.54
EBIT Growth (%)	19.93	-19.19	-44.97	34.06
Net Profit Growth (%)	17.71	-24.00	-52.36	33.34
EPS Growth (%)	17.92	-23.13	-52.36	34.91
Book Value Growth (%)	12.33	10.21	4.18	19.93

	Grindwell Norton	Carborundum Uni	Wendt (India)	Usha Martin
Price / Earnings	51.26	88.15	94.20	29.07
Price / Book Value	8.51	6.09	6.14	4.61
Dividend Yield (%)	0.94	0.32	0.38	0.72
EV/EBITDA	35.30	39.61	42.53	20.20
Market Cap (₹ Cr)	14,980.89	14,789.55	1,188.48	11,892.96

	Grindwell Norton	Carborundum Uni	Wendt (India)	Usha Martin
Debt to Equity	0.00	0.01	0.00	0.01
Short term debt to equity ratio	--	0.07	--	0.04
Current Ratio	2.81	2.67	3.84	3.28
Quick Ratio	2.17	1.62	2.77	1.90
Interest Coverage	80.04	14.35	1,312.50	40.07

	Grindwell Norton	Carborundum Uni	Wendt (India)	Usha Martin
Debtors to sales (%)	12.50	16.45	21.23	16.77
Asset Turnover	0.98	1.09	0.84	0.96
Receivable days	44.13	57.15	94.66	57.35
Inventory Days	56.46	74.91	69.91	95.14
Payable days	120.35	69.15	132.28	53.58
Cash Conversion Cycle	-19.76	62.91	32.29	98.91

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.