Grindwell Norton Limited (GRINDWELL)
ISIN: - Industry: Building Products & Equipment Sector: Industrials Website
2067
10.05(0.49%)

Grindwell Norton Limited manufactures and sells abrasives, ceramics, and plastic products in India. The company offers bonded abrasives in the form of wheels and other shapes, such as segments, sticks, etc. for various applications, including lapping, honing, super-finishing, thread grinding, fluting, OD grinding, ID grinding, and surface grinding, as well as for rough applications comprising snagging, cutting-off, burr removal, and weld preparation. It also provides coated abrasives products in various shapes, such as discs, belts, wheels, and sheets and rolls for material removal and surface preparation; non-woven abrasives; super abrasives for precision applications, including diamond and cubic boron nitride; thin wheels used for cutting, deburring, and weld-removal; and cutting-edge abrasive products. In addition, the company offers silicon carbide grains primarily for use as raw material in the manufacture of abrasives and refractories, as well as for stone polishing; and performance ceramics and refractories for use in sanitary-ware, table-ware, ballistic armor protection, wear resistance systems, etc. Further, it produces and markets performance plastics comprising bearings, seals, tubing and hoses, films, fabrics, and foams for use in the automotive, oil and gas, life sciences, construction, energy, and general industrial applications. The company also exports its products. The company was founded in 1941 and is based in Mumbai, India. Grindwell Norton Limited is a subsidiary of Compagnie de Saint-Gobain.

Pricing Updates

TODAY'S HIGH

2076.55

TODAY'S LOW

2056

52 WEEK HIGH

2100

52 WEEK LOW

1166.4

Major Holders

% of Shares Held by
All Insider

58.24%

% of Shares Held by
Institutions

19.13%

% of Float Held by
Institutions

45.83%

Number of Institutions
Holding Shares

48

Company Overview

MARKET CAP

22892.64 Cr.

ETERPRISE VALUE

21555.75 Cr.

NO. OF SHARES

11.07 Cr.

BOOK VALUE

141.66

DIV. YIELD

12%

DEBT

15.09 Cr.

GROSS PROFIT

1111.24 Cr.

CASH

609.37 Cr.

REVENUE

2211.41 Cr.

REVENUE/SHARE

199.752

OHLC Chart 1y 2y 5y 10y

Price Chart

1d 1w 1m 3m 6m 1Yr 2Yr 5Yr

Volumes Chart

1d 1w 1m 3m 6m 1Yr 2Yr 5Yr

Cashflows

ParticularsMar 2022Mar 2021Mar 2020Mar 2019
Investments57.51 Cr.-198.78 Cr.-392.87 Cr.12.18 Cr.
Change To Liabilities16.10 Cr.84.08 Cr.43 Cr.-13.23 Cr.
Total cashflows from Investing Activities-53.60 Cr.-229.57 Cr.-442.05 Cr.-53.78 Cr.
Net Borrowings-4.58 Cr.-8.57 Cr.-8.85 Cr.-8.85 Cr.
Total Cash from Financing Activities-113.88 Cr.-95.03 Cr.-95.06 Cr.-68.23 Cr.
Other Liabilities1.59 Cr.-4.44 Cr.32.05 Cr.-12.76 Cr.
Total Assets0000
Net Income295.65 Cr.239.18 Cr.182.52 Cr.167.24 Cr.
Change in Cash19.10 Cr.6.66 Cr.-219.53 Cr.-38.40 Cr.
Effect of Exchange Rate0000
Total Cash from Operating Activities186.58 Cr.331.27 Cr.317.58 Cr.84.54 Cr.
Depreciation53.47 Cr.53.81 Cr.57.61 Cr.44.63 Cr.
Other Cashflows from Investing Activities8.79 Cr.17.46 Cr.75.40 Lakhs93.89 Lakhs
Dividends Paid-105.18 Cr.-83.04 Cr.-66.43 Cr.-55.36 Cr.
Change to Inventory-125.07 Cr.-19.19 Cr.25.23 Cr.-56.68 Cr.
Change to Account Receivables-35.69 Cr.6.80 Cr.5.70 Cr.-30.77 Cr.
Other Cashflows from Financing Activities-4.12 Cr.-3.41 Cr.-19.77 Cr.-12.87 Cr.
Change to Net Income-19.47 Cr.-29.51 Cr.-28.72 Cr.-14.47 Cr.
Capital Expenditures-125.59 Cr.-48.34 Cr.-50.41 Cr.-67.21 Cr.

Financials

ParticularsMar 2022Mar 2021Mar 2020Mar 2019
Research DevelopmentNoneNoneNoneNone
Effect of Accounting ChargesNoneNoneNoneNone
Income Before Tax395.89 Cr.317.20 Cr.242.63 Cr.260.44 Cr.
Minority Interest11.56 Cr.12.13 Cr.13.57 Cr.13.85 Cr.
Net Income347.90 Cr.269.74 Cr.206.81 Cr.226.54 Cr.
Selling General Administrative250.69 Cr.215.98 Cr.208.70 Cr.192.97 Cr.
Gross Profit1122.82 Cr.911.37 Cr.858.65 Cr.879.53 Cr.
Ebit347.90 Cr.269.74 Cr.206.81 Cr.226.54 Cr.
Operating Income347.90 Cr.269.74 Cr.206.81 Cr.226.54 Cr.
Other Operating Expenses470.76 Cr.371.28 Cr.385.34 Cr.414.78 Cr.
Interest Expense-4.12 Cr.-3.25 Cr.-4.46 Cr.-1.10 Cr.
Extraordinary ItemsNoneNoneNoneNone
Non RecurringNoneNoneNoneNone
Other ItemsNoneNoneNoneNone
Income Tax Expense100.81 Cr.79.46 Cr.58.74 Cr.91.72 Cr.
Total Revenue2012.76 Cr.1637.91 Cr.1579.56 Cr.1598.06 Cr.
Total Operating Expenses1664.86 Cr.1368.17 Cr.1372.75 Cr.1371.51 Cr.
Cost of Revenue889.94 Cr.726.54 Cr.720.91 Cr.718.52 Cr.
Total Other Income Expense Net47.99 Cr.47.45 Cr.35.81 Cr.33.89 Cr.
Discontinued OperationsNoneNoneNoneNone
Net Income from Continuous Ops.295.08 Cr.237.74 Cr.183.89 Cr.168.72 Cr.
Net Income Applicable to Common Shares295.65 Cr.239.18 Cr.182.52 Cr.167.24 Cr.

Balance Sheet

ParticularsMar 2022Mar 2021Mar 2020Mar 2019
Intangible Assets10.37 Cr.8.57 Cr.43.57 Lakhs49.98 Lakhs
Capital Surplus027.90 Cr.27.90 Cr.27.90 Cr.
Total Liabilities533.46 Cr.487.71 Cr.394.21 Cr.337.49 Cr.
Stock Holder Equity1568.46 Cr.1364.82 Cr.1187.32 Cr.1097.91 Cr.
Minority Interest11.56 Cr.12.13 Cr.13.57 Cr.13.85 Cr.
Other Liabilities147.83 Cr.45.27 Cr.45.75 Cr.50.31 Cr.
Total Assets2113.48 Cr.1864.67 Cr.1595.11 Cr.1449.27 Cr.
Common Stock55.36 Cr.55.36 Cr.55.36 Cr.55.36 Cr.
Retained Earnings01156.25 Cr.1002.03 Cr.902.18 Cr.
Other Liabilities42.84 Cr.45.92 Cr.39.28 Cr.48.77 Cr.
Good Will49 Lakhs48.80 Lakhs48.80 Lakhs48.80 Lakhs
Treasury Stock1513.10 Cr.125.29 Cr.102.01 Cr.112.46 Cr.
Other Assets45.36 Cr.31.67 Cr.23.60 Cr.31.59 Cr.
Cash277.99 Cr.19.29 Cr.12.63 Cr.232.16 Cr.
Current Liabilities482.62 Cr.435.51 Cr.342.29 Cr.288.72 Cr.
Long Term Asset Charges3.42 Cr.2.60 Cr.3.37 Cr.3.98 Cr.
Short Long Term Debt0000
Other Stockholder Equity1513.10 Cr.125.29 Cr.102.01 Cr.112.46 Cr.
Property Plant Equipment441.78 Cr.384.95 Cr.412.77 Cr.387.05 Cr.
Total Cur. Assets1379.34 Cr.1246.87 Cr.988.88 Cr.859.12 Cr.
Long Term Investments236.14 Cr.192.10 Cr.168.93 Cr.170.51 Cr.
Net Tangible Assets1557.60 Cr.1355.76 Cr.1186.40 Cr.1096.93 Cr.
Short Term Investments330.25 Cr.110.11 Cr.47.18 Lakhs1.91 Cr.
Net Receivables237.81 Cr.214.83 Cr.219.12 Cr.224.54 Cr.
Long Term Debt0000
Inventory447.61 Cr.322.54 Cr.303.34 Cr.328.58 Cr.
Accounts Payable327.70 Cr.311.78 Cr.226.29 Cr.180.71 Cr.

New Offers


Upstox offer
Upstox

Open a demat account through us and get the account opening charges waived off

open paperless account