Nifty
Sensex
:
:
17799.10
60086.01
136.95 (0.78%)
536.11 (0.90%)

Abrasives

Rating :
67/99

BSE: 506076 | NSE: GRINDWELL

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 22,029.40
  • 64.43
  • 5
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 21,753.56
  • 0.60%
  • 13.65

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 58.03%
  • 1.61%
  • 12.89%
  • FII
  • DII
  • Others
  • 8.41%
  • 14.30%
  • 4.76%

Chart

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

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 7.83
  • 7.06
  • 8.41

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 10.18
  • 10.07
  • 8.57

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 11.79
  • 14.65
  • 17.57

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 38.75
  • 39.88
  • 56.33

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 7.23
  • 8.22
  • 9.77

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 24.68
  • 28.05
  • 33.48

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Sep 22
Sep 21
Var%
Jun 22
Jun 21
Var%
Mar 22
Mar 21
Var%
Dec 21
Dec 20
Var%
Net Sales
634.66
512.67
23.80%
638.00
439.34
45.22%
558.87
508.80
9.84%
501.88
457.65
9.66%
Expenses
512.20
411.63
24.43%
509.10
352.38
44.47%
435.23
395.80
9.96%
412.15
359.68
14.59%
EBITDA
122.46
101.04
21.20%
128.90
86.96
48.23%
123.64
113.00
9.42%
89.73
97.97
-8.41%
EBIDTM
19.30%
19.71%
20.20%
19.79%
22.12%
22.21%
17.88%
21.41%
Other Income
14.98
10.09
48.46%
10.88
14.23
-23.54%
11.56
12.44
-7.07%
17.21
4.95
247.68%
Interest
1.46
0.69
111.59%
0.52
0.55
-5.45%
2.04
1.09
87.16%
0.84
0.82
2.44%
Depreciation
15.57
13.30
17.07%
13.71
13.97
-1.86%
13.20
13.84
-4.62%
13.00
13.92
-6.61%
PBT
120.41
97.14
23.96%
125.55
86.67
44.86%
119.96
110.51
8.55%
93.10
88.18
5.58%
Tax
29.52
25.24
16.96%
32.40
22.66
42.98%
29.77
30.86
-3.53%
23.14
22.70
1.94%
PAT
90.89
71.90
26.41%
93.15
64.01
45.52%
90.19
79.65
13.23%
69.96
65.48
6.84%
PATM
14.32%
14.02%
14.60%
14.57%
16.14%
15.65%
13.94%
14.31%
EPS
8.13
6.50
25.08%
8.35
5.80
43.97%
8.10
7.27
11.42%
6.30
5.96
5.70%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Mar 13
Net Sales
2,333.41
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
946.99
Net Sales Growth
21.63%
22.89%
3.69%
-1.16%
11.68%
13.27%
9.80%
1.34%
17.59%
1.95%
 
Cost Of Goods Sold
1,052.20
889.94
720.83
712.96
709.53
623.54
554.42
494.23
481.72
412.99
417.58
Gross Profit
1,281.21
1,122.82
917.09
866.60
888.53
807.43
708.94
656.34
653.65
552.52
529.41
GP Margin
54.91%
55.79%
55.99%
54.86%
55.60%
56.42%
56.12%
57.04%
57.57%
57.23%
55.90%
Total Expenditure
1,868.68
1,613.86
1,322.71
1,315.14
1,326.25
1,184.09
1,070.25
967.06
955.40
822.16
795.66
Power & Fuel Cost
-
85.15
67.55
83.76
81.78
70.01
60.95
68.15
76.21
74.80
76.22
% Of Sales
-
4.23%
4.12%
5.30%
5.12%
4.89%
4.82%
5.92%
6.71%
7.75%
8.05%
Employee Cost
-
250.69
207.77
204.84
192.58
176.79
170.21
148.33
132.85
114.23
105.85
% Of Sales
-
12.46%
12.68%
12.97%
12.05%
12.35%
13.47%
12.89%
11.70%
11.83%
11.18%
Manufacturing Exp.
-
229.33
194.95
197.26
211.12
192.41
167.93
146.83
140.64
115.54
103.77
% Of Sales
-
11.39%
11.90%
12.49%
13.21%
13.45%
13.29%
12.76%
12.39%
11.97%
10.96%
General & Admin Exp.
-
92.91
70.07
73.41
86.45
78.21
79.83
62.86
51.24
43.38
36.87
% Of Sales
-
4.62%
4.28%
4.65%
5.41%
5.47%
6.32%
5.46%
4.51%
4.49%
3.89%
Selling & Distn. Exp.
-
5.23
4.70
4.13
3.07
1.69
1.17
5.71
28.44
25.54
25.83
% Of Sales
-
0.26%
0.29%
0.26%
0.19%
0.12%
0.09%
0.50%
2.50%
2.65%
2.73%
Miscellaneous Exp.
-
60.60
56.85
38.77
41.71
41.43
35.73
40.94
44.30
35.69
25.83
% Of Sales
-
3.01%
3.47%
2.45%
2.61%
2.90%
2.83%
3.56%
3.90%
3.70%
3.12%
EBITDA
464.73
398.90
315.21
264.43
271.81
246.89
193.11
183.51
179.97
143.34
151.33
EBITDA Margin
19.92%
19.82%
19.24%
16.74%
17.01%
17.25%
15.29%
15.95%
15.85%
14.85%
15.98%
Other Income
54.63
55.56
59.84
40.45
35.36
26.95
30.85
22.58
18.35
13.44
11.60
Interest
4.86
4.12
3.42
4.47
1.50
1.53
2.01
2.42
2.91
3.05
3.00
Depreciation
55.48
53.47
54.36
57.78
45.23
44.84
42.25
42.58
41.61
31.83
24.40
PBT
459.02
396.87
317.27
242.63
260.44
227.47
179.72
161.09
153.79
121.90
135.53
Tax
114.83
100.81
79.46
58.74
91.72
76.58
58.83
54.70
49.60
37.48
38.38
Tax Rate
25.02%
25.40%
25.04%
24.21%
35.22%
33.67%
32.73%
33.96%
32.25%
30.75%
28.32%
PAT
344.19
296.63
239.25
182.52
167.24
149.75
119.40
105.23
103.21
83.92
97.31
PAT before Minority Interest
343.23
296.06
237.81
183.89
168.72
150.89
120.89
106.38
104.19
84.42
97.15
Minority Interest
-0.96
0.57
1.44
-1.37
-1.48
-1.14
-1.49
-1.15
-0.98
-0.50
0.16
PAT Margin
14.75%
14.74%
14.61%
11.56%
10.47%
10.46%
9.45%
9.15%
9.09%
8.69%
10.28%
PAT Growth
22.47%
23.98%
31.08%
9.14%
11.68%
25.42%
13.47%
1.96%
22.99%
-13.76%
 
EPS
31.09
26.80
21.61
16.49
15.11
13.53
10.79
9.51
9.32
7.58
8.79

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Mar 13
Shareholder's Funds
1,568.46
1,364.82
1,187.33
1,097.92
990.52
893.02
763.17
615.83
557.90
516.24
Share Capital
55.36
55.36
55.36
55.36
55.36
55.36
27.68
27.68
27.68
27.68
Total Reserves
1,502.72
1,300.66
1,124.92
1,037.13
931.34
837.66
733.83
588.15
530.22
488.56
Non-Current Liabilities
47.43
49.60
48.55
44.79
43.23
44.15
30.12
41.99
52.40
49.38
Secured Loans
0.00
0.00
0.00
0.00
0.00
1.92
2.78
6.38
11.77
13.94
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
26.77
25.91
22.97
20.32
20.35
17.28
0.00
10.79
16.07
15.01
Current Liabilities
482.62
435.51
342.29
288.72
293.02
261.49
286.03
273.79
215.54
210.87
Trade Payables
327.70
311.79
226.29
180.72
194.80
165.59
83.32
88.72
70.63
58.94
Other Current Liabilities
113.63
94.31
86.30
82.42
65.47
75.23
171.27
122.32
94.56
97.07
Short Term Borrowings
0.00
0.00
0.00
0.00
0.04
5.84
12.39
8.53
4.64
8.43
Short Term Provisions
41.29
29.42
29.70
25.59
32.71
14.84
19.05
54.22
45.72
46.43
Total Liabilities
2,110.08
1,862.06
1,591.74
1,445.29
1,339.15
1,209.90
1,089.07
940.20
833.46
783.61
Net Block
385.53
370.02
384.57
345.07
342.20
368.13
350.47
360.23
374.96
327.10
Gross Block
701.22
646.92
612.35
516.07
469.01
452.77
392.99
608.16
583.71
506.43
Accumulated Depreciation
315.69
276.90
227.77
171.00
126.82
84.64
42.52
247.93
208.75
179.33
Non Current Assets
730.72
615.19
602.86
586.16
562.76
534.93
513.42
424.12
430.71
436.87
Capital Work in Progress
67.11
24.00
29.12
42.97
24.52
6.21
13.58
6.73
5.52
61.71
Non Current Investment
200.47
191.97
168.81
170.51
170.80
145.49
134.94
35.15
35.15
30.83
Long Term Loans & Adv.
51.18
28.92
20.09
26.73
24.18
13.85
13.41
22.01
15.07
17.23
Other Non Current Assets
26.43
0.29
0.27
0.87
1.06
1.25
1.01
0.00
0.00
0.00
Current Assets
1,379.34
1,246.88
988.89
859.13
776.40
674.97
575.65
516.09
402.75
346.74
Current Investments
330.25
521.40
413.89
12.14
0.00
0.00
0.00
0.00
0.00
0.00
Inventories
447.61
322.54
303.34
328.58
271.89
245.58
257.95
225.05
184.53
159.34
Sundry Debtors
236.87
201.84
205.03
205.62
177.09
127.39
133.54
129.16
89.96
96.10
Cash & Bank
277.99
129.94
14.69
234.12
272.23
242.51
124.07
113.50
84.71
55.69
Other Current Assets
86.62
19.10
13.11
26.21
55.18
59.48
60.09
48.38
43.55
35.61
Short Term Loans & Adv.
65.29
52.06
38.82
52.46
44.94
40.76
45.56
41.23
33.71
26.23
Net Current Assets
896.73
811.37
646.59
570.40
483.37
413.48
289.62
242.30
187.20
135.87
Total Assets
2,110.06
1,862.07
1,591.75
1,445.29
1,339.16
1,209.90
1,089.07
940.21
833.46
783.61

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Mar 13
Cash From Operating Activity
186.58
331.28
317.58
84.54
133.89
169.81
139.20
105.51
106.42
104.27
PBT
395.89
317.20
242.64
260.44
227.47
179.72
161.09
153.79
121.90
135.53
Adjustment
33.47
25.44
39.02
30.91
29.78
35.68
37.60
40.02
32.34
24.60
Changes in Working Capital
-143.06
67.25
106.00
-113.46
-50.88
15.31
-10.44
-36.04
-14.41
-18.58
Cash after chg. in Working capital
286.30
409.89
387.65
177.90
206.36
230.71
188.25
157.77
139.84
141.56
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-99.72
-78.61
-70.07
-93.35
-72.47
-60.90
-49.05
-52.26
-33.41
-37.28
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
-53.60
-229.58
-442.06
-53.79
-44.37
-43.80
-37.64
-30.22
-26.38
-80.55
Net Fixed Assets
-97.28
-29.31
-79.62
-64.26
-34.67
-51.39
178.86
-24.65
-19.62
-83.53
Net Investments
181.66
-130.74
-400.04
-11.85
-25.30
-10.55
-99.80
0.00
-4.31
-5.84
Others
-137.98
-69.53
37.60
22.32
15.60
18.14
-116.70
-5.57
-2.45
8.82
Cash from Financing Activity
-113.88
-95.03
-95.06
-68.24
-60.29
2.89
-99.32
-45.85
-51.16
-41.40
Net Cash Inflow / Outflow
19.10
6.67
-219.54
-37.48
29.23
128.90
2.23
29.44
28.88
-17.68
Opening Cash & Equivalents
19.30
12.63
232.17
269.65
238.40
109.51
114.21
82.43
53.55
71.23
Closing Cash & Equivalent
38.40
19.30
12.63
232.17
270.57
238.40
116.44
111.87
82.43
53.55

Financial Ratios

Consolidated /

Standalone
Description
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Mar 13
Book Value (Rs.)
140.42
122.17
106.30
98.37
88.81
80.35
68.47
110.64
100.14
92.59
ROA
14.91%
13.77%
12.11%
12.12%
11.84%
10.52%
10.48%
11.77%
10.44%
12.73%
ROE
20.37%
18.80%
16.23%
16.28%
16.11%
14.67%
15.52%
17.86%
15.83%
20.03%
ROCE
27.38%
25.20%
21.69%
25.17%
24.30%
21.73%
23.32%
26.16%
22.60%
27.40%
Fixed Asset Turnover
3.05
2.63
2.80
3.24
3.15
3.23
2.48
2.05
1.91
2.28
Receivable days
39.00
44.77
47.45
43.71
38.22
34.92
38.64
31.87
32.64
34.14
Inventory Days
68.47
68.86
73.01
68.57
64.96
67.38
71.05
61.29
60.32
57.97
Payable days
131.14
136.23
59.46
54.51
59.66
45.41
33.96
31.82
30.26
31.25
Cash Conversion Cycle
-23.66
-22.61
60.99
57.77
43.52
56.89
75.74
61.34
62.69
60.87
Total Debt/Equity
0.00
0.00
0.00
0.00
0.00
0.01
0.02
0.02
0.03
0.04
Interest Cover
97.32
93.82
55.30
174.68
149.43
90.62
67.69
53.77
40.92
46.22

News Update:


  • Grindwell Norton inaugurates Paper Maker manufacturing plant in Bengaluru
    26th Dec 2022, 17:59 PM

    This plant will cater to emerging high growth needs in construction, furniture and automotive industries

    Read More
  • Grindwell Norton reports 26% rise in Q2 consolidated net profit
    2nd Nov 2022, 15:07 PM

    Total consolidated income of the company increased by 24.27% to Rs 649.64 crore for Q2FY23

    Read More
  • Grindwell Norton - Quarterly Results
    2nd Nov 2022, 13:28 PM

    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.