Grindwell Norton Ltd.

2093.45 +5.00 ▲0.2%

29 November 2023, 10:46:56 AM
Volume: 4,092

Company Profile

Sector Abrasives Compare with Sector peers
Industry Abrasives Compare with Industry peers
Website http://www.grindwellnorton.com
Market Cap 23,297.70 Cr.
Enterprise Value(EV) 22,845.31 Cr. 2023-09
Financial Indicators
Earnings per share (EPS) 34.17 Trailing Twelve Months Ending 2023-09
Price-Earning Ratio (PE) 61.59 Trailing Twelve Months Ending 2023-09
Industry PE 54.62 Trailing Twelve Months Ending 2023-09
Book Value / Share 166.26 Trailing Twelve Months Ending 2023-09
Price to Book Value 12.66 Calculated using Price: 2,104.20
Dividend Yield 0.69 Period Ending 2023-03
No. of Shares Subscribed 11.07 Cr. 110,720,000 Shares
FaceValue 5
About Grindwell Norton Ltd.
Abrasives Business: GNO's Abrasives Business, markets and manufactures a full range of Bonded Abrasives, Coated Abrasives (including Non-woven Abrasives), Thin Wheels and Superabrasives at its plants near Mumbai, Bangalore, Nagpur and Himachal Pradesh.

Grindwell Norton Ltd. Delivery

Delivered Qty
Traded Qty

Grindwell Norton Ltd. Performance

1 Day
+0.24%
1 Week
-1.43%
1 Month
3 Month
-5.20%
6 Month
+1.43%
1 Year
+8.36%
2 Year
+24.12%
5 Year
+322.49%
10 Year
+1515.32%

Grindwell Norton Ltd. Fundamental Ratios

9 years 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03 2022-03 2023-03
Return on Equity (%) 17.86 15.52 14.67 16.11 16.28 16.23 18.80 20.30 21.61
Return on Capital Employed (%) 26.16 23.32 21.73 24.30 25.17 21.69 25.20 27.32 29.15
Return on Assets (%) 11.75 10.48 10.52 11.84 12.12 12.11 13.77 14.84 15.99

Grindwell Norton Ltd. Balance Sheet

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-09* Rs. Cr.
Shh. Funds 616 763 893 991 1,098 1,187 1,365 1,568 1,806 1,844
Non Curr. Liab. 42 30 44 43 45 49 50 47 73 93
Curr. Liab. 274 286 261 293 289 342 436 488 516 588
Minority Int. 9 10 11 12 14 14 12 12 11 12
Equity & Liab. 940 1,089 1,210 1,339 1,445 1,592 1,862 2,116 2,406 2,537
Non Curr. Assets 424 513 535 563 586 603 615 738 1,027 1,047
Curr. Assets 516 576 675 776 859 989 1,247 1,378 1,379 1,490
Misc. Exp. not W/O
Total Assets 940 1,089 1,210 1,339 1,445 1,592 1,862 2,116 2,406 2,537

Grindwell Norton Ltd. Profit and Loss

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-09 Rs. Cr. TTM
Net Sales 1,135 1,151 1,263 1,431 1,598 1,580 1,638 2,013 2,541 2,604
Other Income 18 23 31 27 35 40 60 56 58 67
Total Income 1,154 1,173 1,294 1,458 1,633 1,620 1,698 2,068 2,599 2,672
Total Expenditure -955 -967 -1,070 -1,184 -1,326 -1,315 -1,323 -1,614 -2,043 -2,090
PBIDT 198 206 224 274 307 305 375 454 556 582
Interest -3 -2 -2 -2 -2 -4 -3 -4 -8 -10
Depreciation -42 -43 -42 -45 -45 -58 -54 -53 -60 -64
Taxation -50 -55 -59 -77 -92 -59 -79 -101 -124 -129
Exceptional Items
PAT 104 106 121 151 169 184 238 295 362 379
Minority Interest -1 -1 -1 -1 -1 -1 1 1 0 1
Share Associate 0 0 -1
Other Related Items
Consolidated Net Profit 103 105 119 150 167 183 239 296 362 378
Adjusted EPS 9 10 11 14 15 16 22 27 33 34

Grindwell Norton Ltd. Cash Flow

Particulars 10 years 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr.
Cash Fr. Operatn. 106 106 139 170 134 85 318 331 187 356
Cash Fr. Inv. -26 -30 -38 -44 -44 -54 -442 -230 -54 -223
Cash Fr. Finan. -51 -46 -99 3 -60 -68 -95 -95 -114 -140
Net Change 29 29 2 129 29 -37 -220 7 19 -7
Cash & Cash Eqvt 82 112 116 238 271 232 13 19 38 40

Grindwell Norton Ltd. Shareholding Pattern

9 Qtrs 2021-09 (%) 2021-12 (%) 2022-03 (%) 2022-06 (%) 2022-09 (%) 2022-12 (%) 2023-03 (%) 2023-06 (%) 2023-09 (%)
Promoter 58.08 58.08 58.08 58.08 58.08 58.03 58.03 58.03 58.03
Public 41.92 41.92 41.92 41.92 41.92 41.97 41.97 41.97 41.97
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Grindwell Norton Ltd. Announcements

Fri, 17 Nov 2023
Loss of Share Certificates
Grindwell Norton Limited has informed the Exchange about Loss of Share Certificates
Thu, 16 Nov 2023
Loss of Share Certificates
Grindwell Norton Limited has informed the Exchange about Loss of Share Certificates
Thu, 09 Nov 2023
Outcome of Board Meeting
Grindwell Norton Limited has informed the Exchange regarding Board meeting held on November 08, 2023.

Grindwell Norton Ltd. Technical Scans

Tue, 28 Nov 2023
Closing Below Previous Low Closing Below Previous Low
Making Higher Highs for 2 Days Making Higher Highs for 2 Days
High Increase in 5 Years High Increase in 5 Years
Closing Near 50 SMA Closing Near 50 SMA
Close Crossing 50 SMA From Above Close Crossing 50 SMA From Above

Grindwell Norton Ltd. Related Stocks

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Wendt (India) Ltd. 2,855.50 14,267.05 +0.2%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Carborundum Universal Ltd. Consolidated 2023-09 47.58 1,149.60 -0.4%
Wendt (India) Ltd. Consolidated 2023-09 69.94 14,267.05 +0.2%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Carborundum Universal Ltd. Consolidated 2023-09 7.67 1,149.60 -0.4%
Wendt (India) Ltd. Consolidated 2023-09 14.61 14,267.05 +0.2%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Carborundum Universal Ltd. Consolidated 2023-03 0.08 1,149.60 -0.4%
Wendt (India) Ltd. Consolidated 2023-03 0.00 14,267.05 +0.2%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Carborundum Universal Ltd. Consolidated 2023-03 17.16 1,149.60 -0.4%
Wendt (India) Ltd. Consolidated 2023-03 22.86 14,267.05 +0.2%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Carborundum Universal Ltd. Consolidated 2023-03 17.16 1,149.60 -0.4%
Wendt (India) Ltd. Consolidated 2023-03 22.86 14,267.05 +0.2%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Carborundum Universal Ltd. Consolidated 2023-03 4,654.28 1,149.60 -0.4%
Wendt (India) Ltd. Consolidated 2023-03 210.24 14,267.05 +0.2%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Carborundum Universal Ltd. Consolidated 2023-03 441.70 1,149.60 -0.4%
Wendt (India) Ltd. Consolidated 2023-03 40.09 14,267.05 +0.2%

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