Grindwell Norton Ltd. (GRINDWELL) fundamentals
Grindwell Norton Ltd. is a listed company in Industrial Products, part of the Capital Goods sector, listed on the NSE as GRINDWELL (ISIN INE536A01023). This page carries its reported financials, balance sheet, cash flow, shareholding pattern and valuation ratios.
What Grindwell Norton Ltd. does
Grindwell Norton Limited is an India-based company, which is engaged in the manufacturing of abrasives, performance plastics and refractory products. The Company's segments include abrasives, ceramics and plastics, digital services, and others. The abrasives segment markets and manufactures a full range of bonded abrasives, coated abrasives (including non-woven abrasives), thin wheels and super abrasives. Its performance ceramics and refractories business makes ceramic and refractory products for a wide range of industrial applications. The products manufactured include silicon carbide based shaped refractory and ceramic products. Its performance plastics business produces and markets more than 800 standard and custom-made polymer products through three business divisions: engineered components, life sciences and composites. It provides various digital services, such as application development, infrastructure management, and cybersecurity to the Saint-Gobain group globally.
Valuation and market data
| Last close | ₹1836.00 |
|---|---|
| Market capitalisation | ₹20,384 crore |
| Enterprise value | ₹20,441 crore |
| P/E (TTM) | 48.91 |
| Price to book | 7.99 |
| Price to sales (TTM) | 3.72 |
| Book value per share | ₹229.67 |
| Dividend yield | 103.49% |
| Sector | Capital Goods |
| Industry | Industrial Products |
| Listed since | Mon Sep 11 |
Annual results
| Period | Revenue | Profit before tax | Net profit | EPS |
|---|---|---|---|---|
| Mar 2026 | ₹3,121 crore | ₹550 crore | ₹413 crore | 37.27 |
| Mar 2025 | ₹2,817 crore | ₹479 crore | ₹361 crore | 32.59 |
| Mar 2024 | ₹2,720 crore | ₹505 crore | ₹381 crore | 34.39 |
| Mar 2023 | ₹2,580 crore | ₹491 crore | ₹366 crore | 33.05 |
Figures are as reported (standalone), in ₹ crore.
Shareholding pattern
As of Sep 2026:
| Promoters | 58.0% |
|---|---|
| Foreign institutions (FII) | 5.3% |
| Mutual funds | 18.6% |
| Other domestic institutions | 1.1% |
| Retail and others | 17.0% |
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Data is sourced from exchange filings and vendor feeds and is for research, not investment advice. Figures can be restated by the company after publication.