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Grindwell Norton Ltd

GRINDWELL Share Price

1,689.510.41% (+6.91)
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Smallcap

With a market cap of ₹18,932 cr, stock is ranked 359

Stock is 2.80x as volatile as Nifty

GRINDWELL Stock Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

Smallcap

With a market cap of ₹18,932 cr, stock is ranked 359

Stock is 2.80x as volatile as Nifty

GRINDWELL Performance & Key Metrics

GRINDWELL Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
51.359.160.99%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
37.856.550.62%

GRINDWELL Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 
67%
Analysts have suggested that investors can buy this stock

from 3 analysts

Price Upside

Earnings Growth

Rev. Growth

See Detailed Forecast

GRINDWELL Company Profile

Grindwell Norton Limited manufactures abrasives. The Company's segments include Abrasives, and Ceramics & Plastics.

Investor Presentation

View older View older 

May 29, 2025

PDF
View Older Presentations

GRINDWELL Similar Stocks (Peers)

Compare with peers Compare with peers 

GRINDWELL Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
46.00
46.00
1Y Return
15.87%
15.87%
Buy Reco %
61.90
61.90
PE Ratio
61.15
61.15
1Y Return
32.72%
32.72%
Buy Reco %
42.11
42.11
PE Ratio
29.02
29.02
1Y Return
20.99%
20.99%
Buy Reco %
42.86
42.86
PE Ratio
81.34
81.34
1Y Return
15.96%
15.96%
Buy Reco %
100.00
100.00
PE Ratio
56.97
56.97
1Y Return
25.43%
25.43%
Buy Reco %
100.00
100.00
Compare with Peers

GRINDWELL Sentiment Analysis

GRINDWELL Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

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
3
  • Focus 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
4
  • Deposit 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

GRINDWELL

Income

Balance Sheet

Cash Flow

GRINDWELL Income Statement

GRINDWELL Income Statement

Industry refers to the sub-sector this company belongs to.
Lower than Industry Revenue Growth
A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 11.02%, vs industry avg of 11.19%

Decreasing Market Share
Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 2.38% to 2.12%

Lower than Industry Net Income
Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 18.06%, vs industry avg of 24.07%

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Financial YearFY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025TTM
Total Revenue1,294.211,457.921,633.421,619.951,688.892,065.852,597.412,755.082,892.412,892.44
Raw Materialssubtract551.78616.86738.04715.41687.29961.311,190.841,216.882,298.452,298.47
Power & Fuel Costsubtract60.9570.0181.7883.7667.5585.15115.81125.52
Employee Costsubtract170.21176.79192.58204.84207.77250.69297.36325.79
Selling & Administrative Expensessubtract182.84199.86214.86194.21200.02245.30278.98298.34
Operating & Other expensessubtract104.47120.5698.98116.84151.2969.93160.58201.57
Depreciation/Amortizationsubtract42.2544.8445.2357.7854.3653.4760.1570.8892.6592.64
Interest & Other Itemssubtract2.011.531.504.473.424.127.807.769.359.35
Taxes & Other Itemssubtract60.3277.7393.2160.1278.03100.24123.99124.70123.24123.26
EPS10.7813.5215.1016.4821.6026.7032.6934.6533.3033.30
DPS4.005.006.007.509.5012.0014.5017.0017.0034.00
Payout ratio0.370.370.400.450.440.450.440.490.511.02

GRINDWELL Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2025FY 2025

Annual Report Pending

Investor Presentation

May 29PDF
FY 2024FY 2024

Annual report

PDF
FY 2023FY 2023

Annual report

PDF
FY 2022FY 2022

Annual report

PDF
FY 2021FY 2021

Annual report

PDF
FY 2020FY 2020

Annual report

PDF

Investor Presentation

May 22PDF
 

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

Comparing 3 stocks from 
IndustrialsIndustrial Machinery

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Grindwell Norton Ltd51.359.160.99%
Cummins India Ltd46.0013.911.55%
Thermax Limited61.158.740.41%
AIA Engineering Ltd29.024.620.49%

GRINDWELL Stock Price Comparison

Compare GRINDWELL with any stock or ETF
Compare GRINDWELL with any stock or ETF
GRINDWELL
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GRINDWELL 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

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

GRINDWELL Institutional Holdings Trend

GRINDWELL Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

GRINDWELL Shareholding Pattern

GRINDWELL Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding58.03%17.55%0.79%6.75%16.88%

Jun 2024

Sep 2024

Dec 2024

Mar 2025

GRINDWELL Shareholding History

GRINDWELL Shareholding History

Dec '23MarJunSepDec '24Mar8.42%8.31%8.63%8.26%6.97%6.75%

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)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
1.9225%1.62%1.62%27/63 (+12)
1.1740%0.75%0.75%38/65 (+13)
1.1561%0.38%0.38%93/236 (+13)

Compare 3-month MF holding change on Screener

GRINDWELL Insider Trades & Bulk Stock Deals

GRINDWELL Insider Trades & Bulk Stock Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

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

No Dividend Cuts
Dividends are the portion of earnings that a company distributes to all its shareholders every year

GRINDWELL has increased or maintained dividend levels over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

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

No Dividend Cuts
Dividends are the portion of earnings that a company distributes to all its shareholders every year

GRINDWELL has increased or maintained dividend levels over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

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

Final
Final | Div/Share: ₹17.00

Dividend/Share

17.00

Ex DateEx Date

Jul 15, 2025

GRINDWELL Past Dividends

GRINDWELL Past Dividends

Cash Dividend

Ex DateEx DateJul 9, 2024

Final
Final | Div/Share: ₹17.00

Dividend/Share

17.00

Ex DateEx Date

Jul 9, 2024

Cash Dividend

Ex DateEx DateJul 8, 2024

Final
Final | Div/Share: ₹17.00

Dividend/Share

17.00

Ex DateEx Date

Jul 8, 2024

Cash Dividend

Ex DateEx DateJul 19, 2022

Final
Final | Div/Share: ₹12.00

Dividend/Share

12.00

Ex DateEx Date

Jul 19, 2022

Cash Dividend

Ex DateEx DateJul 19, 2021

Final
Final | Div/Share: ₹9.50

Dividend/Share

9.50

Ex DateEx Date

Jul 19, 2021

Cash Dividend

Ex DateEx DateJul 16, 2020

Final
Final | Div/Share: ₹7.50

Dividend/Share

7.50

Ex DateEx Date

Jul 16, 2020

GRINDWELL Stock News & Opinions

GRINDWELL Stock News & Opinions

Corporate
Board of Grindwell Norton approves change in directorate

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

1 month agoCapital Market - Live
Corporate
Grindwell Norton fixes record date for dividend

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

1 month agoCapital Market - Live
Corporate
Grindwell Norton to convene AGM

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

1 month agoCapital Market - Live
Earnings
Grindwell Norton consolidated net profit declines 0.08% in the March 2025 quarter

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

1 month agoCapital Market - Live
Corporate
Board of Grindwell Norton recommends Final Dividend

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

1 month agoCapital Market - Live
Spotlight
Grindwell Norton Ltd leads losers in 'A' group

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

1 month agoCapital Market - Live
Corporate
Board of Kirloskar Ferrous Industries recommends Final Dividend

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

1 month agoCapital Market - Live
Corporate
Grindwell Norton to table results

Grindwell Norton will hold a meeting of the Board of Directors of the Company on 9 May 2025.Powered by Capital Market - Live

1 month agoCapital Market - Live
Earnings
Grindwell Norton consolidated net profit declines 5.79% in the December 2024 quarter

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

4 months agoCapital Market - Live
Corporate
Grindwell Norton schedules board meeting

Grindwell Norton will hold a meeting of the Board of Directors of the Company on 13 February 2025.Powered by Capital Market - Live

4 months agoCapital Market - Live

GRINDWELL Stock FAQs

GRINDWELL Stock FAQs

  1. 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 online

  2. 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

  3. What 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

  4. What is the Dividend yield % on Grindwell Norton Ltd share?

    The current dividend yield of Grindwell Norton Ltd (GRINDWELL) is 0.99

  5. What 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 2025

  6. 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.

  7. 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.

  8. Which sector does Grindwell Norton Ltd belong to?

    Grindwell Norton Ltd (GRINDWELL) belongs to the Industrials sector & Industrial Machinery sub-sector.

  9. What are the peers or stocks similar to Grindwell Norton Ltd?

    The peers or stocks similar to Grindwell Norton Ltd are: and many others.

  10. 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 today

  11. 5. 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.

  12. 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 online

  13. 3. 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