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Grindwell Norton Ltd
NSE: GRINDWELL BSE: 506076
₹2059.80
(0.02%)
Mon, 24 Aug 2026, 03:25 am
Market Cap (in Cr)22816.62
PE Ratio52.27
Dividend0.92
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Grindwell Norton Analysis
dividend
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%).
Cons
- Grindwell Norton's dividend is below the markets top 25% of dividend payers in India (3.08%).
future
Pros
- Grindwell Norton's earnings growth is expected to exceed the low risk savings rate of 7.2%.
- Grindwell Norton's earnings are expected to increase by more than the low risk growth rate in 3 years time.
- Performance (ROE) is expected to be above the current IN Machinery industry average.
- An improvement in Grindwell Norton's performance (ROE) is expected over the next 3 years.
- Grindwell Norton's revenue growth is expected to exceed the India market average.
Cons
- 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.
- Grindwell Norton's net income is expected to increase but not above the 50% threshold in 2 years time.
- Grindwell Norton is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
- Grindwell Norton's revenue is expected to increase but not above the 50% threshold in 2 years time.
- Grindwell Norton's revenue is expected to grow by 7.2% yearly, however this is not considered high growth (20% yearly).
health
Pros
- Grindwell Norton is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Grindwell Norton is profitable, therefore cash runway is not a concern.
- Grindwell Norton is profitable, therefore cash runway is not a concern.
- Grindwell Norton's cash and other short term assets cover its long term commitments.
- The level of debt compared to net worth has been reduced over the past 5 years (2.4% vs 0% today).
- Grindwell Norton has no debt, therefore coverage of interest payments is not a concern.
- Grindwell Norton's level of debt (0%) compared to net worth is satisfactory (less than 40%).
Cons
- Operating cash flow is negative therefore debt is not well covered.
- Debt is not covered by short term assets, assets are -3.4793473714925E+17x debt.
- High level of physical assets or inventory.
management
Pros
Cons
- The average tenure for the Grindwell Norton board of directors is less than 3 years, this suggests a new board.
past
Pros
- Grindwell Norton's year on year earnings growth rate has been positive over the past 5 years.
- Grindwell Norton used its assets more efficiently than the IN Machinery industry average last year based on Return on Assets.
- Grindwell Norton has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
- Grindwell Norton's earnings growth has exceeded the IN Machinery industry average in the past year (9.1% vs -7.2%).
Cons
- Grindwell Norton's 1-year earnings growth is less than its 5-year average (9.1% vs 13.8%)
- Grindwell Norton has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
value
Pros
- 506076 outperformed the Machinery industry which returned -23.7% over the past year.
- 506076 outperformed the Market in India which returned -14.5% over the past year.
Cons
- Grindwell Norton's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
- Grindwell Norton's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
- Grindwell Norton is overvalued based on assets compared to the IN Machinery industry average.
- Grindwell Norton is poor value based on expected growth next year.
- Grindwell Norton is overvalued based on earnings compared to the IN Machinery industry average.
- Grindwell Norton is overvalued based on earnings compared to the India market.
- BSE:506076 is up 5.2% underperforming the Machinery industry which returned 8.3% over the past month.
- BSE:506076 is up 5.2% underperforming the market in India which returned 8% over the past month.