Grindwell Norton Ltd
NSE: GRINDWELL BSE: 506076
₹1846.90
-30.60 (1.63%)
Sun, 25 Oct 2026, 04:00 pm
Market Cap (in Cr)20458.84
PE Ratio46.87
Dividend1.03
Process Industries
Industrial Specialties
24.5KGrindwell Norton Financials
| Particulars | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 3.18B | 3.73B | 4.41B | 5.02B | 5.62B | 7.81B | 8.84B | 9.40B | 9.75B | 11.35B | 11.51B | 12.63B | 14.31B | 15.98B | 15.80B | 16.38B | 20.13B | 25.41B | 26.87B | 28.12B |
| Gross profit | 603.35M | 1.31B | 842.32M | 1.58B | 1.33B | 1.84B | 2.76B | 2.21B | 2.68B | 3.12B | 3.02B | 3.30B | 4.10B | 4.34B | 3.93B | 4.65B | 5.89B | 7.34B | 7.63B | 7.64B |
| Operating expenses (excl. COGS) | -177.00M | -758.90M | -226.50M | -991.46M | -521.26M | -588.05M | -1.58B | -1.01B | -1.49B | -1.73B | -1.60B | -1.75B | -2.03B | -2.03B | -1.81B | -1.85B | -2.41B | -2.78B | -3.06B | -3.33B |
| Selling/general/admin expenses, total | — | — | — | — | -504.06M | -835.57M | -1.19B | -972.73M | -1.45B | -1.70B | -1.57B | -1.70B | -1.94B | -2.01B | -1.78B | -1.83B | -2.37B | -2.75B | -3.02B | -3.30B |
| Research & development | -5.47M | -5.78M | -6.64M | -7.91M | -9.75M | -14.63M | -21.18M | -15.70M | -34.90M | -37.80M | -28.00M | -30.70M | — | — | — | -31.80M | -32.70M | -29.70M | -36.90M | -30.60M |
| Selling/general/admin expenses, other | — | — | — | — | -494.31M | -820.94M | -1.17B | -957.03M | -1.42B | -1.70B | -1.57B | -1.70B | -1.94B | -2.01B | -1.78B | -1.80B | -2.33B | -2.72B | -2.99B | -3.27B |
| Other operating expenses, total | -177.00M | -758.90M | -226.50M | -991.46M | -17.19M | 247.51M | -386.38M | -37.28M | -42.74M | -26.12M | -27.17M | -45.66M | -88.14M | -13.75M | -33.53M | -19.12M | -45.72M | -25.04M | -31.63M | -27.78M |
| Operating income | 426.35M | 548.49M | 615.82M | 584.43M | 806.91M | 996.45M | 1.18B | 1.22B | 1.22B | 1.39B | 1.42B | 1.55B | 2.07B | 2.32B | 2.12B | 2.79B | 3.48B | 4.56B | 4.57B | 4.31B |
| Non-operating income, total | 103.78M | 126.00M | 967.58M | 192.24M | 233.34M | 231.50M | 294.79M | 138.43M | -2.97M | 144.41M | 192.50M | 250.91M | 202.44M | 287.65M | 304.89M | 378.70M | 489.73M | 312.88M | 515.85M | 599.05M |
| Interest expense, net of interest capitalized | -1.27M | -1.45M | -2.91M | -6.05M | -20.08M | -34.17M | -31.79M | -29.97M | -30.51M | -29.14M | -23.65M | -15.95M | -15.32M | -11.01M | -44.69M | -32.53M | -41.20M | -78.01M | -77.58M | -93.47M |
| Interest capitalized | 0 | 0 | 0 | 6.11M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.00K | 3.07M | 8.06M | 0 |
| Non-operating income, excl. interest expenses | 82.55M | 122.79M | 184.19M | 177.29M | 176.20M | 265.68M | 333.84M | 168.41M | 27.54M | 173.55M | 207.08M | 248.33M | 174.02M | 288.18M | 292.55M | 499.96M | 555.57M | 375.70M | 547.16M | 640.98M |
| Non-operating interest income | 10.51M | 8.50M | 7.81M | 11.87M | 9.02M | 8.12M | 14.30M | 14.99M | 9.28M | 9.55M | 12.98M | 11.93M | 26.64M | 11.39M | 9.28M | 9.89M | 75.91M | 93.45M | 153.66M | 143.76M |
| Miscellaneous non-operating expense | 72.04M | 114.29M | 176.38M | 165.42M | 167.18M | 257.56M | 319.54M | 153.42M | 18.26M | 164.00M | 194.10M | 236.40M | 147.38M | 276.79M | 283.27M | 490.07M | 479.66M | 282.25M | 393.50M | 497.23M |
| Unusual income/expense | 22.50M | 4.66M | 786.30M | 21.00M | 77.21M | — | -7.26M | — | — | — | 9.08M | 18.52M | 43.75M | 10.47M | 57.03M | -88.73M | -24.63M | 15.19M | 46.28M | 51.54M |
| Pretax income | 530.13M | 674.49M | 1.58B | 776.67M | 1.04B | 1.23B | 1.48B | 1.36B | 1.22B | 1.54B | 1.61B | 1.80B | 2.27B | 2.60B | 2.43B | 3.17B | 3.97B | 4.88B | 5.09B | 4.91B |
| Taxes | -176.10M | -214.31M | -249.40M | -234.61M | -338.14M | -400.60M | -453.53M | -383.83M | -374.80M | -496.00M | -547.05M | -588.26M | -765.80M | -917.21M | -587.43M | -794.61M | -1.01B | -1.24B | -1.24B | -1.21B |
| Non-controlling/minority interest | 0 | 0 | 100.00K | 1.02M | 2.50M | 8.74M | — | 1.64M | -4.99M | -9.76M | -11.53M | -14.95M | -11.41M | -14.77M | -13.72M | 14.40M | 5.69M | 3.82M | -3.20M | -25.45M |
| After tax other income/expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income before discontinued operations | 354.03M | 460.18M | 1.33B | 543.08M | 0 | 836.10M | 1.03B | 973.15M | 839.24M | 1.03B | 1.05B | 1.19B | 1.50B | 1.67B | 1.83B | 2.39B | 2.96B | 3.62B | 3.84B | 3.69B |
| Net income | 354.03M | 460.18M | 1.33B | 543.08M | 0 | 836.10M | 1.03B | 973.15M | 839.24M | 1.03B | 1.05B | 1.19B | 1.50B | 1.67B | 1.83B | 2.39B | 2.96B | 3.62B | 3.84B | 3.69B |
| Dilution adjustment | 0 | 0 | 0 | 0 | 704.61M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Diluted net income available to common stockholders | 354.03M | 460.18M | 1.33B | 543.08M | 704.61M | 836.10M | 1.03B | 973.15M | 839.24M | 1.03B | 1.05B | 1.19B | 1.50B | 1.67B | 1.83B | 2.39B | 2.96B | 3.62B | 3.84B | 3.69B |
| Basic earnings per share (Basic EPS) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Diluted earnings per share (Diluted EPS) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA | 501.90M | 641.49M | 737.63M | 724.11M | 980.51M | 1.47B | 1.39B | 1.45B | 1.51B | 1.81B | 1.84B | 1.97B | 2.52B | 2.77B | 2.70B | 3.34B | 4.01B | 5.17B | 5.28B | 5.24B |
| EBIT | 426.35M | 548.49M | 615.82M | 584.43M | 806.91M | 1.25B | 1.18B | 1.20B | 1.19B | 1.39B | 1.42B | 1.55B | 2.07B | 2.32B | 2.12B | 2.79B | 3.48B | 4.56B | 4.57B | 4.31B |
| Total operating expenses | -2.75B | -3.18B | -3.79B | -4.43B | -4.81B | -6.55B | -7.66B | -8.19B | -8.52B | -9.96B | -10.09B | -11.09B | -12.24B | -13.66B | -13.67B | -13.59B | -16.65B | -20.85B | -22.30B | -23.80B |
| Prepaid expenses | 771.73M | 996.39M | 1.44B | 1.73B | 2.13B | 2.51B | — | — | — | — | 12.57M | 19.45M | 10.06M | 25.18M | 16.47M | 12.55M | 46.83M | 43.86M | 49.79M | 41.88M |
| Deferred income, current | — | — | — | — | — | — | — | — | — | — | 5.68M | 4.76M | 4.24M | 151.04M | 119.66M | 123.77M | 201.75M | 296.70M | 255.83M | 220.06M |
| Capital and operating lease obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 126.39M | 62.78M | 255.02M | 541.09M | 541.09M | 596.57M |
| Operating lease liabilities | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Deferred tax liabilities | 37.65M | 32.89M | 38.58M | 43.67M | 80.84M | 170.62M | 201.01M | 254.09M | 303.76M | 289.33M | 250.54M | 426.71M | 437.96M | 426.56M | 288.66M | 325.35M | 333.64M | 373.16M | 441.10M | 584.76M |
| Deferred income, non-current | 0 | — | — | — | — | — | — | — | — | 0 | 21.53M | 19.82M | 15.59M | 12.55M | 9.72M | 7.00M | 5.61M | 4.20M | 3.10M | 42.24M |
| Minority interest | 0 | 0 | 13.10M | 52.88M | 63.76M | 59.01M | 57.85M | 71.19M | 76.18M | 85.94M | 97.47M | 112.37M | 123.78M | 138.56M | 135.75M | 121.34M | 115.65M | 110.75M | 115.03M | 140.49M |
| Change in accrued expenses | 0 | 0 | 0 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Common dividends paid | -137.59M | -152.37M | -306.83M | -327.85M | -220.88M | -331.30M | -332.16M | -359.84M | -359.84M | -421.00M | -866.21M | 0 | -533.04M | -667.39M | -800.87M | -830.40M | -1.05B | -1.33B | -1.61B | -1.88B |
| Preferred dividends paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
