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Grindwell Norton Ltd
₹2136.80
(1.49%)
Tue, 23 Jun 2026, 11:55 pm
Process Industries
Industrial Specialties
24.5KGrindwell Norton Debt to Equity Ratio
| Particulars | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings ratio | 15.42 | 14.63 | 7.11 | 8.35 | 12.95 | 14.49 | 14.95 | 13.30 | 18.57 | 37.01 | 71.07 | 32.81 | 37.36 | 39.29 | 27.87 | 44.09 | 67.39 | 57.36 | 54.81 | 50.63 |
| Price to book ratio | 3.13 | 3.39 | 3.39 | 1.47 | 2.57 | 3.03 | 3.33 | 2.51 | 2.79 | 6.20 | 4.90 | 4.39 | 5.65 | 5.98 | 4.28 | 7.73 | 12.70 | 11.50 | 10.23 | 8.28 |
| Price to sales ratio | 1.72 | 1.81 | 2.15 | 0.90 | 1.63 | 1.55 | 1.74 | 1.38 | 1.60 | 3.36 | 6.50 | 3.10 | 3.91 | 4.11 | 3.22 | 6.44 | 9.90 | 8.17 | 7.83 | 6.64 |
| Price to cash flow ratio | 15.23 | 13.51 | 27.56 | 9.68 | 8.74 | 14.41 | 12.71 | 12.44 | 15.69 | 36.79 | 54.18 | 23.21 | 41.55 | 78.24 | 16.21 | 30.54 | 104.17 | 51.67 | 54.46 | 38.78 |
| Enterprise value | 536Cr | 665Cr | 930Cr | 458Cr | 863Cr | 1147Cr | 1489Cr | 1268Cr | 1498Cr | 3729Cr | 7376Cr | 3693Cr | 5333Cr | 6339Cr | 4694Cr | 9918Cr | 19342Cr | 20247Cr | 20461Cr | 17887Cr |
| Enterprise value to EBITDA ratio | 10.69 | 10.37 | 12.61 | 6.32 | 8.81 | 7.83 | 10.68 | 8.77 | 9.95 | 20.61 | 40 | 18.76 | 21.16 | 22.89 | 17.39 | 29.72 | 48.19 | 39.19 | 38.75 | 34.15 |
| Debt to equity ratio | 0 | 0.01 | 0.01 | 0.05 | 0.07 | 0.06 | 0.04 | 0.04 | 0.03 | 0.02 | 0.02 | 0.01 | 0 | 0 | 0.02 | 0.01 | 0.01 | 0.03 | 0.04 | 0.04 |
| Return on equity % | 21.37 | 24.68 | 55.82 | 18.48 | 0 | 22.13 | 23.88 | 19.91 | 15.63 | 17.59 | 15.26 | 14.42 | 15.90 | 16.02 | 15.97 | 18.74 | 20.16 | 21.45 | 19.87 | 17.11 |
Grindwell Norton Ltd Debt to Equity Ratio
The Grindwell Norton Ltd Debt to Equity Ratio is a key financial metric used by investors to evaluate Grindwell Norton Ltd's valuation, profitability, and overall financial performance. Tracking the Grindwell Norton Ltd Debt to Equity Ratio helps investors understand whether the stock is undervalued, fairly valued, or trading at a premium compared to its historical performance and industry peers.
Grindwell Norton Ltd (NSE: GRINDWELL, BSE: 506076) is currently trading at ₹2136.80, with a market capitalization of ₹23328.15Cr. As a leading company in the Process industries sector and Industrial specialties industry, monitoring the Grindwell Norton Ltd Debt to Equity Ratio is essential for fundamental analysis.
Grindwell Norton Ltd Debt to Equity Ratio Current Value
The current Grindwell Norton Ltd Debt to Equity Ratio stands at 0.04.
The Grindwell Norton Ltd Debt to Equity Ratio remains stable, indicating consistent financial performance.
Grindwell Norton Ltd Debt to Equity Ratio Historical Trend
The Grindwell Norton Ltd Debt to Equity Ratio has shown the following historical trend:
- 2024: 0.04
- 2023: 0.04
- 2022: 0.03
- 2021: 0.01
- 2020: 0.01
The decline in Grindwell Norton Ltd Debt to Equity Ratio indicates improving financial efficiency or better earnings growth.
What Grindwell Norton Ltd Debt to Equity Ratio Indicates for Investors
The Grindwell Norton Ltd Debt to Equity Ratio plays a crucial role in understanding the company's financial health and valuation.
The D/E ratio measures financial leverage and balance sheet strength.
Grindwell Norton Ltd Debt to Equity Ratio Analysis Summary
The Grindwell Norton Ltd Debt to Equity Ratio remains a crucial metric for evaluating the company's valuation and financial stability. Investors tracking Grindwell Norton Ltd Debt to Equity Ratio should also monitor related metrics such as P/E, P/B, EV/EBITDA, D/E, and ROE to get a complete fundamental picture.
Regular tracking of Grindwell Norton Ltd Debt to Equity Ratio helps investors make informed decisions based on long-term growth, valuation trends, and financial performance.