What is the share price of Grindwell Norton Ltd (GRINDWELL) today?
The share price of GRINDWELL as on 29th April 2025 is ₹1732.20. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.What is the return on Grindwell Norton Ltd (GRINDWELL) share?
The past returns of Grindwell Norton Ltd (GRINDWELL) share are- Past 1 week: -0.55%
- Past 1 month: 1.97%
- Past 3 months: -6.26%
- Past 6 months: -17.95%
- Past 1 year: -16.17%
- Past 3 years: 1.12%
- Past 5 years: 241.29%
What are the peers or stocks similar to Grindwell Norton Ltd (GRINDWELL)?
The peers or stocks similar to Grindwell Norton Ltd (GRINDWELL) include:What is the dividend yield % of Grindwell Norton Ltd (GRINDWELL) share?
The current dividend yield of Grindwell Norton Ltd (GRINDWELL) is 0.99.What is the market cap of Grindwell Norton Ltd (GRINDWELL) share?
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 ₹18927.58 Cr as of 29th April 2025.What is the 52 week high and low of Grindwell Norton Ltd (GRINDWELL) share?
The 52-week high of Grindwell Norton Ltd (GRINDWELL) is ₹2960 and the 52-week low is ₹1356.05.What is the PE and PB ratio of Grindwell Norton Ltd (GRINDWELL) stock?
The P/E (price-to-earnings) ratio of Grindwell Norton Ltd (GRINDWELL) is 49.34. The P/B (price-to-book) ratio is 9.16.Which sector does Grindwell Norton Ltd (GRINDWELL) belong to?
Grindwell Norton Ltd (GRINDWELL) belongs to the Industrials sector & Industrial Machinery sub-sector.How to buy Grindwell Norton Ltd (GRINDWELL) shares?
You can directly buy Grindwell Norton Ltd (GRINDWELL) shares on Tickertape. Simply sign up, connect your demat account and place your order.
Grindwell Norton Ltd
GRINDWELL Share Price
1,732.201.33% (+22.70)
GRINDWELL Share Price Chart
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GRINDWELL Performance & Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 51.32 | 9.16 | 0.99% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 42.56 | 6.20 | 0.66% |
GRINDWELL Analyst Ratings & Forecast
Detailed Forecast 100%
Analysts have suggested that investors can buy this stock
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 Similar Stocks (Peers)
Compare with peersCUMMINSIND
PE Ratio
47.05
1Y Return
12.28%
Buy Reco %
57.14
THERMAX
PE Ratio
59.54
1Y Return
24.88%
Buy Reco %
40.00
AIAENG
PE Ratio
26.11
1Y Return
14.95%
Buy Reco %
37.50
JYOTICNC
PE Ratio
164.30
1Y Return
34.71%
Buy Reco %
100.00
CARBORUNIV
PE Ratio
42.35
1Y Return
27.96%
Buy Reco %
66.67
GRINDWELL Forecasts
Price
Revenue
Earnings
GRINDWELL Share Price Forecast
2024
Current
₹1,732.20
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Forecast for Apr 2026
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2024
Current
₹1,732.20
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GRINDWELL Company Revenue Forecast
2024
Current
₹2.76
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Forecast for Mar 2026
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2024
Current
₹2.76
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GRINDWELL Stock EPS (Earnings Per Share) Forecast
2024
Current
₹34.65
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Forecast for Mar 2026
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₹34.65
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GRINDWELL
Income
Balance Sheet
Cash Flow
Annual Normal View
GRINDWELL Income Statement
Annual Normal View
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 1,173.16 | 1,294.21 | 1,457.92 | 1,633.42 | 1,619.95 | 1,688.89 | 2,065.85 | 2,597.41 | 2,755.08 | 2,868.33 | ||||||||||
Raw Materials | 506.82 | 551.78 | 616.86 | 738.04 | 715.41 | 687.29 | 961.31 | 1,190.84 | 1,216.88 | 2,282.84 | ||||||||||
| Power & Fuel Cost | 68.15 | 60.95 | 70.01 | 81.78 | 83.76 | 67.55 | 85.15 | 115.81 | 125.52 | |||||||||||
| Employee Cost | 148.33 | 170.21 | 176.79 | 192.58 | 204.84 | 207.77 | 250.69 | 297.36 | 325.79 | |||||||||||
| Selling & Administrative Expenses | 152.81 | 182.84 | 199.86 | 214.86 | 194.21 | 200.02 | 245.30 | 278.98 | 298.34 | |||||||||||
| Operating & Other expenses | 90.96 | 104.47 | 120.56 | 98.98 | 116.84 | 151.29 | 69.93 | 160.58 | 201.57 | |||||||||||
EBITDA | 206.09 | 223.96 | 273.84 | 307.18 | 304.89 | 374.97 | 453.47 | 553.84 | 586.98 | 585.49 | ||||||||||
| Depreciation/Amortization | 42.58 | 42.25 | 44.84 | 45.23 | 57.78 | 54.36 | 53.47 | 60.15 | 70.88 | 87.41 | ||||||||||
| PBIT | 163.51 | 181.71 | 229.00 | 261.95 | 247.11 | 320.61 | 400.00 | 493.69 | 516.10 | 498.08 | ||||||||||
| Interest & Other Items | 2.42 | 2.01 | 1.53 | 1.50 | 4.47 | 3.42 | 4.12 | 7.80 | 7.76 | 8.72 | ||||||||||
| PBT | 161.09 | 179.70 | 227.47 | 260.45 | 242.64 | 317.19 | 395.88 | 485.89 | 508.34 | 489.36 | ||||||||||
| Taxes & Other Items | 55.86 | 60.32 | 77.73 | 93.21 | 60.12 | 78.03 | 100.24 | 123.99 | 124.70 | 120.57 | ||||||||||
| Net Income | 105.23 | 119.38 | 149.74 | 167.24 | 182.52 | 239.16 | 295.64 | 361.90 | 383.64 | 368.79 | ||||||||||
| EPS | 9.50 | 10.78 | 13.52 | 15.10 | 16.48 | 21.60 | 26.70 | 32.69 | 34.65 | 33.31 | ||||||||||
| DPS | 3.25 | 4.00 | 5.00 | 6.00 | 7.50 | 9.50 | 12.00 | 14.50 | 17.00 | 17.00 | ||||||||||
| Payout ratio | 0.34 | 0.37 | 0.37 | 0.40 | 0.45 | 0.44 | 0.45 | 0.44 | 0.49 | 0.51 |
GRINDWELL Company Updates
FY 2015
Annual report
PDFFY 2016
Annual report
PDFFY 2018
Annual report
PDFFY 2021
Annual report
PDFFY 2022
Annual report
PDFFY 2024
Annual report
PDFGRINDWELL Past Performance & Peer Comparison
Comparing 3 stocks from
IndustrialsIndustrial Machinery
Compare valuation on Screener
IndustrialsIndustrial Machinery
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Grindwell Norton Ltd | 49.34 | 9.16 | 0.99% |
| Cummins India Ltd | 47.05 | 12.24 | 1.30% |
| Thermax Limited | 59.54 | 8.65 | 0.35% |
| AIA Engineering Ltd | 26.11 | 4.45 | 0.51% |
GRINDWELL Stock Price Comparison
Compare GRINDWELL with any stock or ETFCompare GRINDWELL with any stock or ETF
GRINDWELL
GRINDWELL Shareholdings
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
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
GRINDWELL Shareholding Pattern
GRINDWELL Shareholding History
Foreign Institutions
Mutual Funds Invested in GRINDWELL
A list of mutual funds holding the stock, ranked on the basis of Market-cap held which is calculated as the value of stock held in the portfolio divided by its market cap
Mutual Fund Holding
Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock
In last 3 months, mutual fund holding of the company has almost stayed constant
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 1.7928% | 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 -0.14% | 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 51/76 (-3) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 1.1952% | Percentage of the fund’s portfolio invested in the stock 0.41% | Change in the portfolio weight of the stock over the last 3 months -0.01% | 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 63/244 (0) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 1.0976% | 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 -0.10% | 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 38/66 (+1) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases containing GRINDWELL stock
Looks like this stock is not in any smallcase yet.
GRINDWELL Events
GRINDWELL Dividend Trend
Increasing Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year
GRINDWELL has increased dividends consistently 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
Dividends
GRINDWELL Upcoming Dividends
No upcoming dividends are available
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 DateAug 4, 2023
Final
Final | Div/Share: ₹14.50
Dividend/Share
₹14.50
Ex DateEx Date
Aug 4, 2023
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
Articles & Videos
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 day agoCapital Market - Live
Spotlight
Grindwell Norton gains after appointing Venugopal Shanbhag as MD
The Venugopal will assume the role of managing director following the retirement of B. Santhanam, the company's current managing director, effective from close of business on 31 March 2025. Venugopal Shanbhag joined Grindwell Norton Limited in 1991 and since then has worked in multiple functions and locations of Abrasives and Mobility businesses of Saint Gobain group in India. He had one year stint at Grinding Technology Centre at Saint-Gobain USA during 1995-96. He was on an expatriation assignment as Managing Director of Saint-Gobain Sekurit Thailand till August 2020 and Managing Director of Saint-Gobain Sekurit India Limited till May 4, 2024. Grindwell Norton's businesses include abrasives, ceramic materials businesses (silicon carbide and performance ceramics & refractories), performance plastics and ADFORS. The company's subsidiary, Saint-Gobain Ceramic Materials Bhutan, manufactures silicon carbide. The company's consolidated net profit fell 9.3% to Rs 83.55 crore in Q3 FY25 as compared with Rs 92.09 crore in Q3 FY24. Net sales rose 5% YoY to Rs 679.87 crore in Q3 FY25.Powered by Capital Market - Live
2 months 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
2 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
2 months agoCapital Market - Live
Spotlight
Volumes soar at Grindwell Norton Ltd counter
Hindalco Industries Ltd, Cipla Ltd, DCM Shriram Ltd, Akzo Nobel India Ltd are among the other stocks to see a surge in volumes on BSE today, 31 October 2024.Grindwell Norton Ltd recorded volume of 1.48 lakh shares by 10:47 IST on BSE, a 56.13 times surge over two-week average daily volume of 2642 shares. The stock gained 2.33% to Rs.2,199.80. Volumes stood at 3669 shares in the last session.Hindalco Industries Ltd notched up volume of 14.57 lakh shares by 10:47 IST on BSE, a 12.89 fold spurt over two-week average daily volume of 1.13 lakh shares. The stock slipped 0.81% to Rs.682.10. Volumes stood at 75175 shares in the last session.Cipla Ltd recorded volume of 3.89 lakh shares by 10:47 IST on BSE, a 8.18 times surge over two-week average daily volume of 47491 shares. The stock gained 8.50% to Rs.1,537.95. Volumes stood at 1.66 lakh shares in the last session.DCM Shriram Ltd recorded volume of 13035 shares by 10:47 IST on BSE, a 6.3 times surge over two-week average daily volume of 2070 shares. The stock gained 1.92% to Rs.1,067.15. Volumes stood at 796 shares in the last session.Akzo Nobel India Ltd saw volume of 4960 shares by 10:47 IST on BSE, a 5.86 fold spurt over two-week average daily volume of 847 shares. The stock increased 12.71% to Rs.4,285.80. Volumes stood at 322 shares in the last session.Powered by Capital Market - Live
5 months agoCapital Market - Live
Earnings
Grindwell Norton consolidated net profit declines 5.60% in the September 2024 quarter
Net profit of Grindwell Norton declined 5.60% to Rs 96.18 crore in the quarter ended September 2024 as against Rs 101.89 crore during the previous quarter ended September 2023. Sales rose 4.45% to Rs 690.71 crore in the quarter ended September 2024 as against Rs 661.31 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales690.71661.31 4 OPM %18.7119.87 - PBDT150.33152.32 -1 PBT127.51135.40 -6 NP96.18101.89 -6 Powered by Capital Market - Live
5 months agoCapital Market - Live
Corporate
Grindwell Norton to conduct board meeting
Grindwell Norton will hold a meeting of the Board of Directors of the Company on 30 October 2024.Powered by Capital Market - Live
6 months agoCapital Market - Live
Corporate
Board of Grindwell Norton appoints Subodh Nadkarni as Chairman
The Board of Grindwell Norton at its meeting held on 18 July 2024 has approved the appointment of Subodh Nadkarni, Independent Director, as the Chairman of the Board of Directors of the Company.Powered by Capital Market - Live
9 months agoCapital Market - Live
Grindwell Norton consolidated net profit declines 3.93% in the June 2024 quarter
9 months agoBusiness Standard
Grindwell Norton Q1 PAT slips 4% YoY to Rs 93 cr
9 months agoBusiness Standard
Over the last 5 years, revenue has grown at a yearly rate of 11.02%, vs industry avg of 11.18%
Over the last 5 years, market share decreased from 2.41% to 2.15%
Over the last 5 years, net income has grown at a yearly rate of 18.06%, vs industry avg of 23.96%