Nifty
Sensex
:
:
25476.10
83536.08
-46.40 (-0.18%)
-176.43 (-0.21%)

Abrasives

Rating :
43/99

BSE: 506076 | NSE: GRINDWELL

1736.20
09-Jul-2025
  • Open
  • High
  • Low
  • Previous Close
  •  1757.7
  •  1764.3
  •  1728.1
  •  1757.70
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  18331
  •  31896210.8
  •  2916.7
  •  1356.05

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 19,209.37
  • 52.10
  • 5
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 18,952.05
  • 0.98%
  • 8.59

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 58.03%
  • 1.31%
  • 11.47%
  • FII
  • DII
  • Others
  • 6.81%
  • 18.12%
  • 4.26%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 9.35
  • 11.41
  • 3.43

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 10.83
  • 10.24
  • 0.60

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 13.36
  • 9.04
  • 0.62

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 51.13
  • 61.85
  • 63.46

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 9.19
  • 11.20
  • 12.19

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 31.28
  • 37.93
  • 40.59

Earnings Forecasts:

(Updated: 06-06-2025)
Description
2024
2025
2026
2027
Adj EPS
34.65
33.73
38.94
45.04
P/E Ratio
50.11
51.47
44.59
38.55
Revenue
2669
2822
3162
3553
EBITDA
519
520
599
690
Net Income
384
374
432
500
ROA
14.8
15.6
16.6
17.7
P/B Ratio
9.37
8.53
7.75
6.98
ROE
19.87
17.32
18.08
19.01
FCFF
209
364
281
362
FCFF Yield
1.08
1.89
1.45
1.88
Net Debt
-578
807
942
1144
BVPS
185.25
203.6
224.08
248.89

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Var%
Dec 24
Dec 23
Var%
Sep 24
Sep 23
Var%
Jun 24
Jun 23
Var%
Net Sales
709.51
691.08
2.67%
702.61
659.94
6.47%
693.87
667.40
3.97%
705.60
668.35
5.57%
Expenses
582.19
566.09
2.84%
579.16
532.13
8.84%
564.63
535.97
5.35%
572.46
533.15
7.37%
EBITDA
127.32
124.99
1.86%
123.44
127.81
-3.42%
129.24
131.43
-1.67%
133.14
135.20
-1.52%
EBIDTM
17.94%
18.09%
17.57%
19.37%
18.63%
19.69%
18.87%
20.23%
Other Income
22.74
17.29
31.52%
17.95
13.83
29.79%
23.41
22.59
3.63%
15.77
14.60
8.01%
Interest
2.50
1.87
33.69%
2.10
1.92
9.38%
2.29
1.81
26.52%
2.46
2.16
13.89%
Depreciation
24.89
19.66
26.60%
23.49
17.61
33.39%
22.82
16.92
34.87%
21.44
16.69
28.46%
PBT
122.67
120.76
1.58%
115.80
121.75
-4.89%
127.54
135.29
-5.73%
125.01
130.95
-4.54%
Tax
30.06
27.60
8.91%
28.19
30.30
-6.96%
30.42
33.09
-8.07%
32.04
33.39
-4.04%
PAT
92.61
93.16
-0.59%
87.62
91.45
-4.19%
97.12
102.20
-4.97%
92.97
97.56
-4.70%
PATM
13.05%
13.48%
12.47%
13.86%
14.00%
15.31%
13.18%
14.60%
EPS
8.36
8.36
0.00%
7.84
8.32
-5.77%
8.69
9.20
-5.54%
8.42
8.76
-3.88%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Net Sales
-
2,811.59
2,686.77
2,541.34
2,012.76
1,637.92
1,579.57
1,598.06
1,430.98
1,263.36
1,150.57
Net Sales Growth
-
4.65%
5.72%
26.26%
22.89%
3.69%
-1.16%
11.68%
13.27%
9.80%
 
Cost Of Goods Sold
-
1,276.04
1,206.65
1,161.68
889.94
720.83
712.96
709.53
623.54
554.42
494.23
Gross Profit
-
1,535.55
1,480.12
1,379.66
1,122.82
917.09
866.60
888.53
807.43
708.94
656.34
GP Margin
-
54.62%
55.09%
54.29%
55.79%
55.99%
54.86%
55.60%
56.42%
56.12%
57.04%
Total Expenditure
-
2,298.45
2,167.33
2,043.39
1,613.86
1,322.71
1,315.14
1,326.25
1,184.09
1,070.25
967.06
Power & Fuel Cost
-
140.92
125.52
115.81
85.15
67.55
83.76
81.78
70.01
60.95
68.15
% Of Sales
-
5.01%
4.67%
4.56%
4.23%
4.12%
5.30%
5.12%
4.89%
4.82%
5.92%
Employee Cost
-
337.00
325.79
297.36
250.69
207.77
204.84
192.58
176.79
170.21
148.33
% Of Sales
-
11.99%
12.13%
11.70%
12.46%
12.68%
12.97%
12.05%
12.35%
13.47%
12.89%
Manufacturing Exp.
-
283.72
274.79
260.54
229.33
194.95
197.26
211.12
192.41
167.93
146.83
% Of Sales
-
10.09%
10.23%
10.25%
11.39%
11.90%
12.49%
13.21%
13.45%
13.29%
12.76%
General & Admin Exp.
-
137.55
129.47
113.37
92.91
70.07
73.41
86.45
78.21
79.83
62.86
% Of Sales
-
4.89%
4.82%
4.46%
4.62%
4.28%
4.65%
5.41%
5.47%
6.32%
5.46%
Selling & Distn. Exp.
-
6.49
6.99
8.42
5.23
4.70
4.13
3.07
1.69
1.17
5.71
% Of Sales
-
0.23%
0.26%
0.33%
0.26%
0.29%
0.26%
0.19%
0.12%
0.09%
0.50%
Miscellaneous Exp.
-
116.74
98.12
86.21
60.60
56.85
38.77
41.71
41.43
35.73
5.71
% Of Sales
-
4.15%
3.65%
3.39%
3.01%
3.47%
2.45%
2.61%
2.90%
2.83%
3.56%
EBITDA
-
513.14
519.44
497.95
398.90
315.21
264.43
271.81
246.89
193.11
183.51
EBITDA Margin
-
18.25%
19.33%
19.59%
19.82%
19.24%
16.74%
17.01%
17.25%
15.29%
15.95%
Other Income
-
79.88
68.31
57.75
55.56
59.84
40.45
35.36
26.95
30.85
22.58
Interest
-
9.35
7.76
7.80
4.12
3.42
4.47
1.50
1.53
2.01
2.42
Depreciation
-
92.65
70.88
60.15
53.47
54.36
57.78
45.23
44.84
42.25
42.58
PBT
-
491.02
509.11
487.76
396.87
317.27
242.63
260.44
227.47
179.72
161.09
Tax
-
120.70
124.38
124.37
100.81
79.46
58.74
91.72
76.58
58.83
54.70
Tax Rate
-
24.58%
24.45%
25.50%
25.40%
25.04%
24.21%
35.22%
33.67%
32.73%
33.96%
PAT
-
368.72
383.64
361.90
295.65
239.25
182.52
167.24
149.75
119.40
105.23
PAT before Minority Interest
-
371.27
383.96
361.52
295.08
237.81
183.89
168.72
150.89
120.89
106.38
Minority Interest
-
-2.55
-0.32
0.38
0.57
1.44
-1.37
-1.48
-1.14
-1.49
-1.15
PAT Margin
-
13.11%
14.28%
14.24%
14.69%
14.61%
11.56%
10.47%
10.46%
9.45%
9.15%
PAT Growth
-
-3.89%
6.01%
22.41%
23.57%
31.08%
9.14%
11.68%
25.42%
13.47%
 
EPS
-
33.31
34.66
32.69
26.71
21.61
16.49
15.11
13.53
10.79
9.51

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Shareholder's Funds
2,255.50
2,055.27
1,805.81
1,568.46
1,364.82
1,187.33
1,097.92
990.52
893.02
763.17
Share Capital
55.36
55.36
55.36
55.36
55.36
55.36
55.36
55.36
55.36
27.68
Total Reserves
2,184.66
1,986.52
1,738.69
1,502.72
1,300.66
1,124.92
1,037.13
931.34
837.66
733.83
Non-Current Liabilities
149.26
128.49
91.77
47.43
49.60
48.55
44.79
43.23
44.15
30.12
Secured Loans
0.00
0.00
3.95
0.00
0.00
0.00
0.00
0.00
1.92
2.78
Unsecured Loans
1.01
6.36
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Long Term Provisions
50.20
49.62
52.02
26.77
25.91
22.97
20.32
20.35
17.28
0.00
Current Liabilities
635.78
570.35
497.27
488.46
435.51
342.29
288.72
293.02
261.49
286.03
Trade Payables
425.28
362.37
279.23
327.70
311.79
226.29
180.72
194.80
165.59
83.32
Other Current Liabilities
167.59
158.27
158.57
113.63
94.31
86.30
82.42
65.47
75.23
171.27
Short Term Borrowings
4.37
6.69
8.59
0.00
0.00
0.00
0.00
0.04
5.84
12.39
Short Term Provisions
38.53
43.01
50.87
47.13
29.42
29.70
25.59
32.71
14.84
19.05
Total Liabilities
3,054.59
2,765.61
2,405.93
2,115.92
1,862.06
1,591.74
1,445.29
1,339.15
1,209.90
1,089.07
Net Block
885.72
755.68
585.68
385.53
370.02
384.57
345.07
342.20
368.13
350.47
Gross Block
1,381.01
1,162.79
938.37
701.22
646.92
612.35
516.07
469.01
452.77
392.99
Accumulated Depreciation
495.28
407.11
352.68
315.69
276.90
227.77
171.00
126.82
84.64
42.52
Non Current Assets
1,252.68
1,192.29
1,027.42
738.12
615.19
602.86
586.16
562.76
534.93
513.42
Capital Work in Progress
26.03
127.78
124.21
67.11
24.00
29.12
42.97
24.52
6.21
13.58
Non Current Investment
275.64
242.09
206.84
200.47
191.97
168.81
170.51
170.80
145.49
134.94
Long Term Loans & Adv.
63.44
51.96
74.50
58.58
28.92
20.09
26.73
24.18
13.85
13.41
Other Non Current Assets
1.84
14.78
36.18
26.43
0.29
0.27
0.87
1.06
1.25
1.01
Current Assets
1,801.91
1,573.32
1,378.50
1,377.79
1,246.88
988.89
859.13
776.40
674.97
575.65
Current Investments
615.86
447.26
435.23
330.25
521.40
413.89
12.14
0.00
0.00
0.00
Inventories
489.88
487.61
463.94
447.61
322.54
303.34
328.58
271.89
245.58
257.95
Sundry Debtors
362.43
357.46
280.20
236.87
201.84
205.03
205.62
177.09
127.39
133.54
Cash & Bank
264.64
213.05
139.02
277.99
129.94
14.69
234.12
272.23
242.51
124.07
Other Current Assets
69.10
20.82
10.53
21.33
71.16
51.93
78.67
55.18
59.48
60.09
Short Term Loans & Adv.
41.90
47.14
49.57
63.73
52.06
38.82
52.46
44.94
40.76
45.56
Net Current Assets
1,166.13
1,002.97
881.23
889.33
811.37
646.59
570.40
483.37
413.48
289.62
Total Assets
3,054.59
2,765.61
2,405.92
2,115.91
1,862.07
1,591.75
1,445.29
1,339.16
1,209.90
1,089.07

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Cash From Operating Activity
458.49
367.94
392.60
186.58
331.28
317.58
84.54
133.89
169.81
139.20
PBT
491.96
508.33
485.90
395.89
317.20
242.64
260.44
227.47
179.72
161.09
Adjustment
43.71
29.47
38.81
33.47
25.44
39.02
30.91
29.78
35.68
37.60
Changes in Working Capital
37.22
-32.43
-8.88
-143.06
67.25
106.00
-113.46
-50.88
15.31
-10.44
Cash after chg. in Working capital
572.89
505.37
515.82
286.30
409.89
387.65
177.90
206.36
230.71
188.25
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-114.40
-137.43
-123.23
-99.72
-78.61
-70.07
-93.35
-72.47
-60.90
-49.05
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-212.75
-181.68
-260.05
-53.60
-229.58
-442.06
-53.79
-44.37
-43.80
-37.64
Net Fixed Assets
-115.33
-222.57
-296.58
-97.28
-29.31
-79.62
-64.26
-34.67
-51.39
178.86
Net Investments
-201.21
-44.86
-113.21
181.66
-130.74
-400.04
-11.85
-25.30
-10.55
-99.80
Others
103.79
85.75
149.74
-137.98
-69.53
37.60
22.32
15.60
18.14
-116.70
Cash from Financing Activity
-221.25
-174.87
-140.20
-113.88
-95.03
-95.06
-68.24
-60.29
2.89
-99.32
Net Cash Inflow / Outflow
24.49
11.39
-7.65
19.10
6.67
-219.54
-37.48
29.23
128.90
2.23
Opening Cash & Equivalents
46.78
37.72
46.99
19.30
12.63
232.17
269.65
238.40
109.51
114.21
Closing Cash & Equivalent
71.28
49.10
39.61
38.40
19.30
12.63
232.17
270.57
238.40
116.44

Financial Ratios

Consolidated /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Book Value (Rs.)
202.01
184.12
161.73
140.42
122.17
106.30
98.37
88.81
80.35
68.47
ROA
12.76%
14.85%
15.99%
14.84%
13.77%
12.11%
12.12%
11.84%
10.52%
10.48%
ROE
17.37%
20.05%
21.61%
20.30%
18.80%
16.23%
16.28%
16.11%
14.67%
15.52%
ROCE
23.16%
26.53%
29.15%
27.32%
25.20%
21.69%
25.17%
24.30%
21.73%
23.32%
Fixed Asset Turnover
2.26
2.62
3.16
3.05
2.63
2.80
3.24
3.15
3.23
2.48
Receivable days
45.78
42.33
36.42
39.00
44.77
47.45
43.71
38.22
34.92
38.64
Inventory Days
62.16
63.17
64.20
68.47
68.86
73.01
68.57
64.96
67.38
71.05
Payable days
112.65
97.04
95.35
131.14
136.23
59.46
54.51
59.66
45.41
33.96
Cash Conversion Cycle
-4.72
8.46
5.27
-23.66
-22.61
60.99
57.77
43.52
56.89
75.74
Total Debt/Equity
0.00
0.01
0.01
0.00
0.00
0.00
0.00
0.00
0.01
0.02
Interest Cover
53.63
66.52
63.29
97.08
93.82
55.30
174.68
149.43
90.62
67.69

News Update:


  • Grindwell Norton gets nod to invest in Jamnagar Renewals Two
    10th May 2025, 11:17 AM

    The company’s board has approved investment not exceeding Rs 77 lakh in Jamnagar Renewals Two

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.