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₹1930.00
Market capitalisation₹21,428 crore
Enterprise value₹21,485 crore
P/E (TTM)51.41
Price to book8.40
Price to sales (TTM)3.91
Book value per share₹229.67
Dividend yield98.45%
SectorCapital Goods
IndustryIndustrial Products
Listed sinceMon Sep 11

Annual results

PeriodRevenueProfit before taxNet profitEPS
Mar 2026₹3,168 crore₹555 crore₹417 crore37.54
Mar 2025₹2,891 crore₹492 crore₹371 crore33.30
Mar 2024₹2,755 crore₹508 crore₹384 crore34.65
Mar 2023₹2,597 crore₹486 crore₹362 crore32.69

Figures are as reported (consolidated), in ₹ crore.

Shareholding pattern

As of Jun 2026:

Promoters58.0%
Foreign institutions (FII)5.2%
Mutual funds18.5%
Other domestic institutions1.1%
Retail and others17.2%

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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.