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Grindwell Norton Ltd logo

Grindwell Norton Ltd

NSE: GRINDWELL BSE: 506076

2059.80

(0.02%)

Mon, 24 Aug 2026, 03:26 am

Grindwell Norton Share Price Live Chart

1 Day

(0.02%)

No Result Found

Summary

  • Market Cap (in Cr)

    20355.32

  • Net Profit (in Cr)

    371.27

  • P/B

    8.29

  • Sector P/E

    41.98

  • P/E

    50.64

  • EV/EBITDA

    31.13

  • Debt/Equity (Industry)

    0.04

  • Interest Cover (Industry)

    80.88

  • ROCE (Industry)

    18.89

  • RONW (Industry)

    14.60

  • ROE

    17.25

  • ROCE

    21.92

  • Debt/Equity

    0.04

  • EPS (TTM)

    37.54

  • Dividend Yield

    1.03

  • Book Value

    228.63

  • Interest Cover

    53.62

Analysis

all

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Pros

  • Dividends per share have increased over the past 10 years.
  • Dividends paid are well covered by earnings (2.2x coverage).
  • Dividends after 3 years are expected to be well covered by earnings (2.6x coverage).
  • Dividends per share have been stable in the past 10 years.
  • Grindwell Norton's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
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Cons

  • Grindwell Norton's dividend is below the markets top 25% of dividend payers in India (3.08%).
  • Cash flow for Grindwell Norton is expected to decrease over the next 2 years.
  • Grindwell Norton's earnings are expected to grow by 10.3% yearly, however this is not considered high growth (20% yearly).
  • Grindwell Norton's earnings growth is positive but not above the India market average.
  • Grindwell Norton's earnings are expected to decrease over the next year.

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Financials

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Ratios

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Shareholding

ShareholdersMAR 2026DEC 2025SEPT 2025JUN 2025MAR 2025
Promoters58.0358.0358.0358.0358.03
FII5.566.406.396.826.76
DII19.1818.3518.3718.2018.34
Public17.2317.2217.2116.9516.87
Government00000

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Technical Analysis

RSI

46.41

MACD

4.16

50 DMA

2092.21

200 DMA

1736.33

Support and Resistance

TypeR3R2R1PPS1S2S3
Classic3183.402679.402399.802175.401895.801671.401167.40
Fibonacci2679.402486.872367.932175.401982.871863.931671.40
Camarilla2258.802212.602166.402175.4020742027.801981.60

Pivots Level: Classic

R3

+1008

3183.40

R2

+504

2679.40

R1

+224.40

2399.80

2175.40
2175.40
Pivot Point
LTP: 2059.80

S1

-279.60

1895.80

S2

-504

1671.40

S3

-1008

1167.40

Moving Average

SMAEMA

Period

Value

  • 10-EMA

    2093.08

  • 20-EMA

    2094.90

  • 30-EMA

    2086.20

  • 50-EMA

    2049.55

  • 100-EMA

    1943.79

  • 200-EMA

    1835.49

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Corporate Actions

Announcement DatePurposeActionEx Date
08 May 2026agm
08 May 2026board-meetingsAccounts, Quarterly Results, Final Dividend
08 May 2026dividend₹19.00 Dividend /Share10 Jul 2026
06 Feb 2026board-meetingsQuarterly Results
30 Oct 2025board-meetingsQuarterly Results, Half Yearly Results
15 Jun 2025dividendFinal Dividend - Rs. - 1715 Jul 2025
09 May 2025dividend₹17.00 Dividend /Share15 Jul 2025
09 May 2025agm
09 Jun 2024dividendAnnual General Meeting/Dividend - Rs 17 Per Share10 Jul 2024
06 May 2024agm

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Peer Comparison

Grindwell Norton Ltd logo

Grindwell Norton Ltd

Welspun Corp Ltd logo

Welspun Corp Ltd

Kirloskar Oil Engines Ltd logo

Kirloskar Oil Engines Ltd

APL Apollo Tubes Ltd logo

APL Apollo Tubes Ltd

Cummins India Ltd logo

Cummins India Ltd

Tube Investments of India Ltd logo

Tube Investments of India Ltd

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Grindwell Norton Ltd About

Grindwell Norton a leading Indian manufacturer in abrasives, ceramics, and performance plastics.

Industry

Abrasives And Grinding Wheels

Founded

1950

Headquarters

CEO

SUBODH SATCHITANAND NADKARNI

Employees

Contact

Website icon

Website

http://www.grindwellnorton.co.in

Email icon

Email

sharecmpt.gno@saint-gobain.com

Phone icon

Phone

91-22-40212121

Location icon

Location

Leela Business Park 5th level, Andheri-Kurla Rd Andheri(East), Mumbai, Maharashtra, 400059

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Grindwell Norton Ltd Company History

YearHistory
2014
  • The Company has recommended a dividend of Rs. 6.50/- per equity share of Rs. 5/- each
  • The Company has appointed Mr. Benoit d'Iribarne as Alternate Director to Ms. M-A. Chupin
2016
  • Grindwell Norton has allotted 5,53,60,000 ordinary equity shares as Bonus Shares to the Members of the Company entitled
2018
  • Grindwell Norton Forays into Automotive Detailing Segment with the launch of Norton Car Spa in Indore
2021
  • Grindwell Norton Limited Joint Venture With Shinagawa Refractories Co. Ltd, Japan, has successfully commenced its commercial operation of Tap hole clay refractory products for the steel industry
2024
  • The Company executed Power Purchase Agreement and Share Subscription Agreement with Radiance MH Sunrise Thirteen Private Limited

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Deals

Client NameDeal TypeOrder SideQTYAvg PriceDate
SBI MUTUAL FUNDbulkBuy12133842160.2520 Dec 2023
SBI MUTUAL FUNDbulkSell12132302160.2520 Dec 2023
ISHARES CORE EMERGING MARKETS MAURITIUS COblockSell1190902045.925 Oct 2022
ISHARES MSCI INDIA SMALL-CAP ETFblockBuy177422045.925 Oct 2022
ISHARES CORE MSCI EMERGING MARKETS ETFblockBuy1190902045.925 Oct 2022
ISHARES INDIA SC MAURITIUS COMPANYblockSell177422045.925 Oct 2022
ISHARES CORE EMERGING MARKETS MAURITIUS COblockSell118973204917 Oct 2022
ISHARES CORE MSCI EMERGING MARKETS ETFblockBuy118973204917 Oct 2022
ISHARES MSCI INDIA SMALL-CAP ETFblockBuy17723204917 Oct 2022
ISHARES INDIA SC MAURITIUS COMPANYblockSell17723204917 Oct 2022

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Grindwell Norton Ltd News

Grindwell Norton AGM: Financials, Dividend Approved

Grindwell Norton Limited concluded its 76th AGM on July 24, 2026. Shareholders approved FY26 standalone and consolidated financial statements, declared a dividend, and reappointed Sreedhar Natarajan as a director.

24 Jul 2026

companies

Grindwell Norton Q1FY27 Profit Rises 22%

Grindwell Norton reports a 22% surge in Q1FY27 standalone net profit to ₹11,553 lakh, driven by strong performance in the Ceramics & Plastics segment. Revenue grew 14% year-on-year to ₹79,386 lakh.

24 Jul 2026

companies

Grindwell Norton files BRSR for FY 2025-26

Grindwell Norton Limited has filed its Business Responsibility and Sustainability Report for FY 2025-26. The report includes an Independent Reasonable Assurance Statement.

30 Jun 2026

companies

Grindwell Norton to host analyst meet

Grindwell Norton Limited will hold a meeting with Edelweiss Mutual Fund on June 30, 2026, in Mumbai. Discussions will rely on publicly available information.

24 Jun 2026

companies

Grindwell Norton fixes July 10 record date

Grindwell Norton Ltd announced a record date of July 10, 2026, for a ₹19 per share dividend. The 76th AGM is scheduled for July 24, 2026.

24 Jun 2026

companies

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