How to Buy Grindwell Norton Ltd Shares?
You can easily buy the stocks/shares of Grindwell Norton Ltd (GRINDWELL) on Tickertape or through broker platform by opening a Demat & Trading account onlineWhat is the Share Price of Grindwell Norton Ltd?
The stock prices are volatile and keep changing through the day depending upon various factors and market conditions. The Share price of GRINDWELL as on 15th May 2025 is ₹1689.51What is the return on Grindwell Norton Ltd share?
The past returns of Grindwell Norton Ltd (GRINDWELL) share are- Past 1 week: N/A
- Past 1 month: N/A
- Past 3 months: -2.59
- Past 6 months: -12.28
- Past 1 year: -37.56
- Past 3 years: 13.26
- Past 5 years: 244.84
What is the Dividend yield % on Grindwell Norton Ltd share?
The current dividend yield of Grindwell Norton Ltd (GRINDWELL) is 0.99What is the Market Cap of Grindwell Norton Ltd?
Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Grindwell Norton Ltd (GRINDWELL) is ₹18932.01Cr as of 15th May 2025What is the 52 Week High and Low of Grindwell Norton Ltd?
The 52-week high and low of Grindwell Norton Ltd (GRINDWELL) is ₹2960 and ₹1356.05.What is the PE and PB ratio of Grindwell Norton Ltd?
The P/E (price-to-earnings) and P/B (price-to-book) ratios of Grindwell Norton Ltd are 51.35 and 9.16 respectively.Which sector does Grindwell Norton Ltd belong to?
Grindwell Norton Ltd (GRINDWELL) belongs to the Industrials sector & Industrial Machinery sub-sector.What are the peers or stocks similar to Grindwell Norton Ltd?
The peers or stocks similar to Grindwell Norton Ltd are: and many others.Can't decide whether or not to buy Grindwell Norton Ltd?
Worry no more! Login to Tickertape and check out Grindwell Norton Ltd (GRINDWELL) scorecard & all the relevant insights today5. Test Stocks FAQ What is the 52 Week High and Low of Grindwell Norton Ltd?
The 52-week high and low of Grindwell Norton Ltd (GRINDWELL) is ₹2960 and ₹1356.05.1. Test Stocks FAQ for Grindwell Norton Ltd Shares?
You can easily buy the stocks/shares of Grindwell Norton Ltd (GRINDWELL) on Tickertape or through broker platform by opening a Google & Trading account online3. Test Stocks FAQ What is the Share Price of Grindwell Norton Ltd?
The stock prices are volatile and keep changing through the day depending upon various factors and market conditions. The Share price of GRINDWELL as on 15th May 2025 is ₹1689.51
Grindwell Norton Ltd
GRINDWELL Share Price
GRINDWELL Stock Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
How to use scorecard? Learn more
GRINDWELL Performance & Key Metrics
GRINDWELL Performance & Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
51.35 | 9.16 | 0.99% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
37.85 | 6.55 | 0.62% |
from 3 analysts
Price Upside
Earnings Growth
Rev. Growth
GRINDWELL Company Profile
Grindwell Norton Limited manufactures abrasives. The Company's segments include Abrasives, and Ceramics & Plastics.
GRINDWELL Sentiment Analysis
GRINDWELL Sentiment Analysis
GRINDWELL Stock Summary · January 2025
Company is navigating a complex landscape characterized by declining market share in deposits, challenges in meeting Priority Sector Lending (PSL) obligations, and fluctuations in current account flows. Despite these hurdles, the bank is focusing on enhancing customer engagement and service delivery to drive deposit growth, with recent monthly inflows showing a positive trend. The management emphasizes a strategic approach to maintaining profitability over aggressive expansion, particularly in light of competitive pressures and a tight liquidity environment. Efforts to improve operational efficiencies through digitization and a commitment to stable cost management are underway, alongside a proactive strategy to reduce borrowings and strengthen the balance sheet. Overall, while facing short-term challenges, the bank remains optimistic about future performance and is committed to achieving sustainable growth through strategic investments and improved customer outreach.
GRINDWELL Stock Growth Drivers
GRINDWELL Stock Growth Drivers
3Focus on Sustainable Growth
Company is prioritizing profitable growth over mere expansion, emphasizing a strategy that encourages ground-level teams
Stable Financial Metrics
The company has maintained a return on assets (ROA) of 1.9% post-merger, showcasing stability in
GRINDWELL Stock Challenges
GRINDWELL Stock Challenges
4Deposit Growth Shortfalls
The company has experienced deposit growth that has not met expectations, attributed to seasonal trends
Loan Growth Concerns
There is uncertainty regarding the company's loan deposit ratio (LDR) and its implications for loan
GRINDWELL Forecast
What are forecasts?
What are forecasts?
Forecasting uses historical data as inputs to make informed predictive estimates determining the direction of future trends. Price, revenue & earnings forecasts represent where the stock level, business prospects and profits are potentially expected to be at the end of the forecast period
GRINDWELL Forecasts
Price
Revenue
Earnings
GRINDWELL Share Price Forecast
GRINDWELL Share Price Forecast
All values in ₹
All values in ₹
GRINDWELL Company Revenue Forecast
GRINDWELL Company Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
GRINDWELL Stock EPS (Earnings Per Share) Forecast
GRINDWELL Stock EPS (Earnings Per Share) Forecast
All values in ₹
All values in ₹
GRINDWELL
GRINDWELL
Income
Balance Sheet
Cash Flow
GRINDWELL Income Statement
GRINDWELL Income Statement
Financial Year | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 1,294.21 | 1,457.92 | 1,633.42 | 1,619.95 | 1,688.89 | 2,065.85 | 2,597.41 | 2,755.08 | 2,892.41 | 2,892.44 | ||||||||||
Raw Materials | 551.78 | 616.86 | 738.04 | 715.41 | 687.29 | 961.31 | 1,190.84 | 1,216.88 | 2,298.45 | 2,298.47 | ||||||||||
Power & Fuel Cost | 60.95 | 70.01 | 81.78 | 83.76 | 67.55 | 85.15 | 115.81 | 125.52 | ||||||||||||
Employee Cost | 170.21 | 176.79 | 192.58 | 204.84 | 207.77 | 250.69 | 297.36 | 325.79 | ||||||||||||
Selling & Administrative Expenses | 182.84 | 199.86 | 214.86 | 194.21 | 200.02 | 245.30 | 278.98 | 298.34 | ||||||||||||
Operating & Other expenses | 104.47 | 120.56 | 98.98 | 116.84 | 151.29 | 69.93 | 160.58 | 201.57 | ||||||||||||
EBITDA | 223.96 | 273.84 | 307.18 | 304.89 | 374.97 | 453.47 | 553.84 | 586.98 | 593.96 | 593.97 | ||||||||||
Depreciation/Amortization | 42.25 | 44.84 | 45.23 | 57.78 | 54.36 | 53.47 | 60.15 | 70.88 | 92.65 | 92.64 | ||||||||||
PBIT | 181.71 | 229.00 | 261.95 | 247.11 | 320.61 | 400.00 | 493.69 | 516.10 | 501.31 | 501.33 | ||||||||||
Interest & Other Items | 2.01 | 1.53 | 1.50 | 4.47 | 3.42 | 4.12 | 7.80 | 7.76 | 9.35 | 9.35 | ||||||||||
PBT | 179.70 | 227.47 | 260.45 | 242.64 | 317.19 | 395.88 | 485.89 | 508.34 | 491.96 | 491.98 | ||||||||||
Taxes & Other Items | 60.32 | 77.73 | 93.21 | 60.12 | 78.03 | 100.24 | 123.99 | 124.70 | 123.24 | 123.26 | ||||||||||
Net Income | 119.38 | 149.74 | 167.24 | 182.52 | 239.16 | 295.64 | 361.90 | 383.64 | 368.72 | 368.72 | ||||||||||
EPS | 10.78 | 13.52 | 15.10 | 16.48 | 21.60 | 26.70 | 32.69 | 34.65 | 33.30 | 33.30 | ||||||||||
DPS | 4.00 | 5.00 | 6.00 | 7.50 | 9.50 | 12.00 | 14.50 | 17.00 | 17.00 | 34.00 | ||||||||||
Payout ratio | 0.37 | 0.37 | 0.40 | 0.45 | 0.44 | 0.45 | 0.44 | 0.49 | 0.51 | 1.02 |
GRINDWELL Company Updates
Investor Presentation
GRINDWELL Stock Peers
What are peers and why compare against them?
What are peers and why compare against them?
A stock's peers are companies which have similar business interests, operations and belong to the same industry sector. Comparing various metrics against peers can give valuable insights on whether the company's stock is over/under-valued and the company's growth outlook vs the industry as a whole
GRINDWELL Past Performance & Peer Comparison
GRINDWELL Past Performance & Peer Comparison
IndustrialsIndustrial Machinery
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Grindwell Norton Ltd | 51.35 | 9.16 | 0.99% |
Cummins India Ltd | 46.00 | 13.91 | 1.55% |
Thermax Limited | 61.15 | 8.74 | 0.41% |
AIA Engineering Ltd | 29.02 | 4.62 | 0.49% |
GRINDWELL Stock Price Comparison
Compare GRINDWELL with any stock or ETFGRINDWELL Holdings
GRINDWELL Shareholdings
What are shareholdings?
What are shareholdings?
Apart from retail investors, a company’s shares are held by promoters, foreign & domestic institutions (large investors) and mutual funds. Promoters are the ship captains and control the company’s direction. Along with institutional and mutual fund holdings, a change in their holdings can indicate performance outlook for the stock
GRINDWELL Promoter Holdings Trend
GRINDWELL Promoter Holdings Trend
In last 6 months, promoter holding in the company has almost stayed constant
Pledged promoter holdings is insignificant
GRINDWELL Institutional Holdings Trend
GRINDWELL Institutional Holdings Trend
In last 3 months, retail holding in the company has almost stayed constant
In last 3 months, foreign institutional holding of the company has almost stayed constant
GRINDWELL Shareholding Pattern
GRINDWELL Shareholding Pattern
GRINDWELL Shareholding History
GRINDWELL Shareholding History
Mutual Funds Invested in GRINDWELL
Mutual Funds Invested in GRINDWELL
No mutual funds holding trends are available
Top 5 Mutual Funds holding Grindwell Norton Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
The rupee value of the stock held by the fund divided by the stock’s market cap 1.9225% | Percentage of the fund’s portfolio invested in the stock 1.62% | Change in the portfolio weight of the stock over the last 3 months 1.62% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 27/63 (+12) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 1.1740% | Percentage of the fund’s portfolio invested in the stock 0.75% | Change in the portfolio weight of the stock over the last 3 months 0.75% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 38/65 (+13) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 1.1561% | Percentage of the fund’s portfolio invested in the stock 0.38% | Change in the portfolio weight of the stock over the last 3 months 0.38% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 93/236 (+13) |
Compare 3-month MF holding change on Screener
smallcases containing GRINDWELL stock
smallcases containing GRINDWELL stock
Looks like this stock is not in any smallcase yet.
GRINDWELL Events
GRINDWELL Events
GRINDWELL Dividend Trend
GRINDWELL has increased or maintained dividend levels over the last 5 years
Current dividend yield is 0.99%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹9.94 every year
Dividends
Corp. Actions
Announcements
Legal Orders
What are dividends?
What are dividends?
Dividends are a portion of earnings that a company distributes to all its shareholders every year. Dividend return is one of the most important things to be considered while investing for long term. It’s the additional return on top of what investors earn through price appreciation
GRINDWELL Dividend Trend
GRINDWELL has increased or maintained dividend levels over the last 5 years
Current dividend yield is 0.99%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹9.94 every year
GRINDWELL Upcoming Dividends
GRINDWELL Upcoming Dividends
Cash Dividend
Ex DateEx DateJul 15, 2025
Dividend/Share
₹17.00
Ex DateEx Date
Jul 15, 2025
GRINDWELL Past Dividends
GRINDWELL Past Dividends
Cash Dividend
Ex DateEx DateJul 9, 2024
Dividend/Share
₹17.00
Ex DateEx Date
Jul 9, 2024
Cash Dividend
Ex DateEx DateJul 8, 2024
Dividend/Share
₹17.00
Ex DateEx Date
Jul 8, 2024
Cash Dividend
Ex DateEx DateJul 19, 2022
Dividend/Share
₹12.00
Ex DateEx Date
Jul 19, 2022
Cash Dividend
Ex DateEx DateJul 19, 2021
Dividend/Share
₹9.50
Ex DateEx Date
Jul 19, 2021
Cash Dividend
Ex DateEx DateJul 16, 2020
Dividend/Share
₹7.50
Ex DateEx Date
Jul 16, 2020
GRINDWELL Stock News & Opinions
GRINDWELL Stock News & Opinions
The Board of Grindwell Norton at its meeting held on 09 May 2025 has approved the resignation of Jean-Claude Lasserre (Director Identification No. 10082026), Non-Executive Director of the Company with effect from 09 May 2025. The Board also appointed Stephanie Billet (Director Identification No. 11082284) as an Additional Director (Non-Executive) of the Company with effect from 10 May 2025. Powered by Capital Market - Live
Grindwell Norton has fixed 15 July 2025 as record date for determining the entitlement of Members' to receive Dividend for the financial year ended 31 March 2025. The dividend will be paid on or from 29 July 2025. Powered by Capital Market - Live
Grindwell Norton announced that the 75th Annual General Meeting(AGM) of the company will be held on 25 July 2025.Powered by Capital Market - Live
Net profit of Grindwell Norton declined 0.08% to Rs 92.54 crore in the quarter ended March 2025 as against Rs 92.61 crore during the previous quarter ended March 2024. Sales rose 2.69% to Rs 705.90 crore in the quarter ended March 2025 as against Rs 687.42 crore during the previous quarter ended March 2024. For the full year,net profit declined 3.89% to Rs 368.72 crore in the year ended March 2025 as against Rs 383.64 crore during the previous year ended March 2024. Sales rose 4.88% to Rs 2798.95 crore in the year ended March 2025 as against Rs 2668.64 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales705.90687.42 3 2798.952668.64 5 OPM %18.0418.11 -18.3319.45 - PBDT147.79139.94 6 584.61579.57 1 PBT122.90120.28 2 491.96508.68 -3 NP92.5492.61 0 368.72383.64 -4 Powered by Capital Market - Live
Grindwell Norton announced that the Board of Directors of the Company at its meeting held on 09 May 2025, has recommended a Final Dividend of Rs.17 per share (i.e.340%), subject to the approval of the shareholders.Powered by Capital Market - Live
Sonata Software Ltd, Raymond Ltd, Multi Commodity Exchange of India Ltd and Delta Corp Ltd are among the other losers in the BSE's 'A' group today, 09 May 2025.Grindwell Norton Ltd lost 7.04% to Rs 1638.75 at 14:47 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 4776 shares were traded on the counter so far as against the average daily volumes of 3418 shares in the past one month.Sonata Software Ltd tumbled 6.81% to Rs 365.6. The stock was the second biggest loser in 'A' group.On the BSE, 5.46 lakh shares were traded on the counter so far as against the average daily volumes of 10.56 lakh shares in the past one month.Raymond Ltd crashed 5.76% to Rs 1453. The stock was the third biggest loser in 'A' group.On the BSE, 36595 shares were traded on the counter so far as against the average daily volumes of 33928 shares in the past one month.Multi Commodity Exchange of India Ltd pared 5.57% to Rs 5665. The stock was the fourth biggest loser in 'A' group.On the BSE, 35490 shares were traded on the counter so far as against the average daily volumes of 17680 shares in the past one month.Delta Corp Ltd corrected 5.29% to Rs 83.86. The stock was the fifth biggest loser in 'A' group.On the BSE, 1.89 lakh shares were traded on the counter so far as against the average daily volumes of 2.01 lakh shares in the past one month.Powered by Capital Market - Live
Kirloskar Ferrous Industries announced that the Board of Directors of the Company at its meeting held on 09 May 2025, has recommended a Final Dividend of Rs.2.50 per share (i.e.50%), subject to the approval of the shareholders.Powered by Capital Market - Live
Grindwell Norton will hold a meeting of the Board of Directors of the Company on 9 May 2025.Powered by Capital Market - Live
Net profit of Grindwell Norton declined 5.79% to Rs 86.82 crore in the quarter ended December 2024 as against Rs 92.16 crore during the previous quarter ended December 2023. Sales rose 6.67% to Rs 699.20 crore in the quarter ended December 2024 as against Rs 655.47 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales699.20655.47 7 OPM %17.6619.50 - PBDT139.65140.35 0 PBT116.15122.74 -5 NP86.8292.16 -6 Powered by Capital Market - Live
Grindwell Norton will hold a meeting of the Board of Directors of the Company on 13 February 2025.Powered by Capital Market - Live
Over the last 5 years, revenue has grown at a yearly rate of 11.02%, vs industry avg of 11.19%
Over the last 5 years, market share decreased from 2.38% to 2.12%
Over the last 5 years, net income has grown at a yearly rate of 18.06%, vs industry avg of 24.07%