Nifty
Sensex
:
:
20267.90
67481.19
134.75 (0.67%)
492.75 (0.74%)

Abrasives

Rating :
58/99

BSE: 506076 | NSE: GRINDWELL

2109.00
01-Dec-2023
  • Open
  • High
  • Low
  • Previous Close
  •  2094.35
  •  2120.00
  •  2090.50
  •  2094.35
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  178112
  •  3755.83
  •  2495.00
  •  1720.25

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 23,353.62
  • 61.73
  • 5
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 23,083.92
  • 0.69%
  • 12.69

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 58.03%
  • 1.44%
  • 12.65%
  • FII
  • DII
  • Others
  • 8.4%
  • 14.76%
  • 4.72%

Chart

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

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 10.16
  • 9.72
  • 15.77

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 13.26
  • 12.87
  • 9.58

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 15.74
  • 16.69
  • 14.79

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 39.34
  • 52.73
  • 62.70

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 7.91
  • 9.38
  • 11.93

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 26.89
  • 31.59
  • 39.42

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Sep 23
Sep 22
Var%
Jun 23
Jun 22
Var%
Mar 23
Mar 22
Var%
Dec 22
Dec 21
Var%
Net Sales
667.40
634.66
5.16%
668.35
638.00
4.76%
664.80
558.87
18.95%
603.88
501.88
20.32%
Expenses
535.97
512.20
4.64%
533.15
509.10
4.72%
535.51
435.23
23.04%
484.90
412.15
17.65%
EBITDA
131.43
122.46
7.32%
135.20
128.90
4.89%
129.29
123.64
4.57%
118.98
89.73
32.60%
EBIDTM
19.69%
19.30%
20.23%
20.20%
19.45%
22.12%
19.70%
17.88%
Other Income
22.59
14.98
50.80%
14.60
10.88
34.19%
21.16
11.56
83.04%
9.05
17.21
-47.41%
Interest
1.81
1.46
23.97%
2.16
0.52
315.38%
1.84
2.04
-9.80%
3.98
0.84
373.81%
Depreciation
16.92
15.57
8.67%
16.69
13.71
21.74%
15.29
13.20
15.83%
15.57
13.00
19.77%
PBT
135.29
120.41
12.36%
130.95
125.55
4.30%
133.32
119.96
11.14%
108.48
93.10
16.52%
Tax
33.09
29.52
12.09%
33.39
32.40
3.06%
34.40
29.77
15.55%
28.06
23.14
21.26%
PAT
102.20
90.89
12.44%
97.56
93.15
4.73%
98.92
90.19
9.68%
80.42
69.96
14.95%
PATM
15.31%
14.32%
14.60%
14.60%
14.88%
16.14%
13.32%
13.94%
EPS
9.20
8.13
13.16%
8.76
8.35
4.91%
8.96
8.10
10.62%
7.24
6.30
14.92%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Net Sales
2,604.43
2,541.34
2,012.76
1,637.92
1,579.57
1,598.06
1,430.98
1,263.36
1,150.57
1,135.37
965.50
Net Sales Growth
11.61%
26.26%
22.89%
3.69%
-1.16%
11.68%
13.27%
9.80%
1.34%
17.59%
 
Cost Of Goods Sold
1,173.09
1,161.68
889.94
720.83
712.96
709.53
623.54
554.42
494.23
481.72
412.99
Gross Profit
1,431.34
1,379.66
1,122.82
917.09
866.60
888.53
807.43
708.94
656.34
653.65
552.52
GP Margin
54.96%
54.29%
55.79%
55.99%
54.86%
55.60%
56.42%
56.12%
57.04%
57.57%
57.23%
Total Expenditure
2,089.53
2,043.39
1,613.86
1,322.71
1,315.14
1,326.25
1,184.09
1,070.25
967.06
955.40
822.16
Power & Fuel Cost
-
115.81
85.15
67.55
83.76
81.78
70.01
60.95
68.15
76.21
74.80
% Of Sales
-
4.56%
4.23%
4.12%
5.30%
5.12%
4.89%
4.82%
5.92%
6.71%
7.75%
Employee Cost
-
297.36
250.69
207.77
204.84
192.58
176.79
170.21
148.33
132.85
114.23
% Of Sales
-
11.70%
12.46%
12.68%
12.97%
12.05%
12.35%
13.47%
12.89%
11.70%
11.83%
Manufacturing Exp.
-
260.54
229.33
194.95
197.26
211.12
192.41
167.93
146.83
140.64
115.54
% Of Sales
-
10.25%
11.39%
11.90%
12.49%
13.21%
13.45%
13.29%
12.76%
12.39%
11.97%
General & Admin Exp.
-
110.19
92.91
70.07
73.41
86.45
78.21
79.83
62.86
51.24
43.38
% Of Sales
-
4.34%
4.62%
4.28%
4.65%
5.41%
5.47%
6.32%
5.46%
4.51%
4.49%
Selling & Distn. Exp.
-
8.42
5.23
4.70
4.13
3.07
1.69
1.17
5.71
28.44
25.54
% Of Sales
-
0.33%
0.26%
0.29%
0.26%
0.19%
0.12%
0.09%
0.50%
2.50%
2.65%
Miscellaneous Exp.
-
89.39
60.60
56.85
38.77
41.71
41.43
35.73
40.94
44.30
25.54
% Of Sales
-
3.52%
3.01%
3.47%
2.45%
2.61%
2.90%
2.83%
3.56%
3.90%
3.70%
EBITDA
514.90
497.95
398.90
315.21
264.43
271.81
246.89
193.11
183.51
179.97
143.34
EBITDA Margin
19.77%
19.59%
19.82%
19.24%
16.74%
17.01%
17.25%
15.29%
15.95%
15.85%
14.85%
Other Income
67.40
57.75
55.56
59.84
40.45
35.36
26.95
30.85
22.58
18.35
13.44
Interest
9.79
7.80
4.12
3.42
4.47
1.50
1.53
2.01
2.42
2.91
3.05
Depreciation
64.47
60.15
53.47
54.36
57.78
45.23
44.84
42.25
42.58
41.61
31.83
PBT
508.04
487.76
396.87
317.27
242.63
260.44
227.47
179.72
161.09
153.79
121.90
Tax
128.94
124.37
100.81
79.46
58.74
91.72
76.58
58.83
54.70
49.60
37.48
Tax Rate
25.38%
25.50%
25.40%
25.04%
24.21%
35.22%
33.67%
32.73%
33.96%
32.25%
30.75%
PAT
379.10
361.90
295.65
239.25
182.52
167.24
149.75
119.40
105.23
103.21
83.92
PAT before Minority Interest
379.75
361.52
295.08
237.81
183.89
168.72
150.89
120.89
106.38
104.19
84.42
Minority Interest
0.65
0.38
0.57
1.44
-1.37
-1.48
-1.14
-1.49
-1.15
-0.98
-0.50
PAT Margin
14.56%
14.24%
14.69%
14.61%
11.56%
10.47%
10.46%
9.45%
9.15%
9.09%
8.69%
PAT Growth
10.14%
22.41%
23.57%
31.08%
9.14%
11.68%
25.42%
13.47%
1.96%
22.99%
 
EPS
34.25
32.69
26.71
21.61
16.49
15.11
13.53
10.79
9.51
9.32
7.58

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Shareholder's Funds
1,805.81
1,568.46
1,364.82
1,187.33
1,097.92
990.52
893.02
763.17
615.83
557.90
Share Capital
55.36
55.36
55.36
55.36
55.36
55.36
55.36
27.68
27.68
27.68
Total Reserves
1,738.69
1,502.72
1,300.66
1,124.92
1,037.13
931.34
837.66
733.83
588.15
530.22
Non-Current Liabilities
73.38
47.43
49.60
48.55
44.79
43.23
44.15
30.12
41.99
52.40
Secured Loans
3.95
0.00
0.00
0.00
0.00
0.00
1.92
2.78
6.38
11.77
Unsecured Loans
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Long Term Provisions
33.64
26.77
25.91
22.97
20.32
20.35
17.28
0.00
10.79
16.07
Current Liabilities
515.65
488.46
435.51
342.29
288.72
293.02
261.49
286.03
273.79
215.54
Trade Payables
298.76
327.70
311.79
226.29
180.72
194.80
165.59
83.32
88.72
70.63
Other Current Liabilities
158.57
113.63
94.31
86.30
82.42
65.47
75.23
171.27
122.32
94.56
Short Term Borrowings
8.59
0.00
0.00
0.00
0.00
0.04
5.84
12.39
8.53
4.64
Short Term Provisions
49.73
47.13
29.42
29.70
25.59
32.71
14.84
19.05
54.22
45.72
Total Liabilities
2,405.92
2,115.92
1,862.06
1,591.74
1,445.29
1,339.15
1,209.90
1,089.07
940.20
833.46
Net Block
585.68
385.53
370.02
384.57
345.07
342.20
368.13
350.47
360.23
374.96
Gross Block
938.37
701.22
646.92
612.35
516.07
469.01
452.77
392.99
608.16
583.71
Accumulated Depreciation
352.68
315.69
276.90
227.77
171.00
126.82
84.64
42.52
247.93
208.75
Non Current Assets
1,027.42
738.12
615.19
602.86
586.16
562.76
534.93
513.42
424.12
430.71
Capital Work in Progress
124.21
67.11
24.00
29.12
42.97
24.52
6.21
13.58
6.73
5.52
Non Current Investment
206.84
200.47
191.97
168.81
170.51
170.80
145.49
134.94
35.15
35.15
Long Term Loans & Adv.
74.50
58.58
28.92
20.09
26.73
24.18
13.85
13.41
22.01
15.07
Other Non Current Assets
36.18
26.43
0.29
0.27
0.87
1.06
1.25
1.01
0.00
0.00
Current Assets
1,378.50
1,377.79
1,246.88
988.89
859.13
776.40
674.97
575.65
516.09
402.75
Current Investments
435.23
330.25
521.40
413.89
12.14
0.00
0.00
0.00
0.00
0.00
Inventories
463.94
447.61
322.54
303.34
328.58
271.89
245.58
257.95
225.05
184.53
Sundry Debtors
280.20
236.87
201.84
205.03
205.62
177.09
127.39
133.54
129.16
89.96
Cash & Bank
139.02
277.99
129.94
14.69
234.12
272.23
242.51
124.07
113.50
84.71
Other Current Assets
60.10
21.33
19.10
13.11
78.67
55.18
59.48
60.09
48.38
43.55
Short Term Loans & Adv.
49.57
63.73
52.06
38.82
52.46
44.94
40.76
45.56
41.23
33.71
Net Current Assets
862.85
889.33
811.37
646.59
570.40
483.37
413.48
289.62
242.30
187.20
Total Assets
2,405.92
2,115.91
1,862.07
1,591.75
1,445.29
1,339.16
1,209.90
1,089.07
940.21
833.46

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Cash From Operating Activity
355.70
186.58
331.28
317.58
84.54
133.89
169.81
139.20
105.51
106.42
PBT
485.90
395.89
317.20
242.64
260.44
227.47
179.72
161.09
153.79
121.90
Adjustment
37.89
33.47
25.44
39.02
30.91
29.78
35.68
37.60
40.02
32.34
Changes in Working Capital
-44.94
-143.06
67.25
106.00
-113.46
-50.88
15.31
-10.44
-36.04
-14.41
Cash after chg. in Working capital
478.85
286.30
409.89
387.65
177.90
206.36
230.71
188.25
157.77
139.84
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-123.15
-99.72
-78.61
-70.07
-93.35
-72.47
-60.90
-49.05
-52.26
-33.41
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
-222.89
-53.60
-229.58
-442.06
-53.79
-44.37
-43.80
-37.64
-30.22
-26.38
Net Fixed Assets
-157.80
-97.28
-29.31
-79.62
-64.26
-34.67
-51.39
178.86
-24.65
-19.62
Net Investments
-234.32
181.66
-130.74
-400.04
-11.85
-25.30
-10.55
-99.80
0.00
-4.31
Others
169.23
-137.98
-69.53
37.60
22.32
15.60
18.14
-116.70
-5.57
-2.45
Cash from Financing Activity
-140.18
-113.88
-95.03
-95.06
-68.24
-60.29
2.89
-99.32
-45.85
-51.16
Net Cash Inflow / Outflow
-7.38
19.10
6.67
-219.54
-37.48
29.23
128.90
2.23
29.44
28.88
Opening Cash & Equivalents
38.40
19.30
12.63
232.17
269.65
238.40
109.51
114.21
82.43
53.55
Closing Cash & Equivalent
39.61
38.40
19.30
12.63
232.17
270.57
238.40
116.44
111.87
82.43

Financial Ratios

Consolidated /

Standalone
Description
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Book Value (Rs.)
161.73
140.42
122.17
106.30
98.37
88.81
80.35
68.47
110.64
100.14
ROA
15.99%
14.84%
13.77%
12.11%
12.12%
11.84%
10.52%
10.48%
11.77%
10.44%
ROE
21.61%
20.30%
18.80%
16.23%
16.28%
16.11%
14.67%
15.52%
17.86%
15.83%
ROCE
29.15%
27.32%
25.20%
21.69%
25.17%
24.30%
21.73%
23.32%
26.16%
22.60%
Fixed Asset Turnover
3.16
3.05
2.63
2.80
3.24
3.15
3.23
2.48
2.05
1.91
Receivable days
36.42
39.00
44.77
47.45
43.71
38.22
34.92
38.64
31.87
32.64
Inventory Days
64.20
68.47
68.86
73.01
68.57
64.96
67.38
71.05
61.29
60.32
Payable days
98.42
131.14
136.23
59.46
54.51
59.66
45.41
33.96
31.82
30.26
Cash Conversion Cycle
2.21
-23.66
-22.61
60.99
57.77
43.52
56.89
75.74
61.34
62.69
Total Debt/Equity
0.01
0.00
0.00
0.00
0.00
0.00
0.01
0.02
0.02
0.03
Interest Cover
63.29
97.08
93.82
55.30
174.68
149.43
90.62
67.69
53.77
40.92

News Update:


  • Grindwell Norton - Quarterly Results
    8th Nov 2023, 14:09 PM

    Read More
  • Grindwell Norton to sell 49% stake held in SGSR
    30th Oct 2023, 12:19 PM

    The sale will be completed on fulfillment of closing conditions

    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.