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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.
TODAY'S HIGH
2076.55
TODAY'S LOW
2056
52 WEEK HIGH
2100
52 WEEK LOW
1166.4
% 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
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
| Particulars | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|
| Investments | 57.51 Cr. | -198.78 Cr. | -392.87 Cr. | 12.18 Cr. |
| Change To Liabilities | 16.10 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 Liabilities | 1.59 Cr. | -4.44 Cr. | 32.05 Cr. | -12.76 Cr. |
| Total Assets | 0 | 0 | 0 | 0 |
| Net Income | 295.65 Cr. | 239.18 Cr. | 182.52 Cr. | 167.24 Cr. |
| Change in Cash | 19.10 Cr. | 6.66 Cr. | -219.53 Cr. | -38.40 Cr. |
| Effect of Exchange Rate | 0 | 0 | 0 | 0 |
| Total Cash from Operating Activities | 186.58 Cr. | 331.27 Cr. | 317.58 Cr. | 84.54 Cr. |
| Depreciation | 53.47 Cr. | 53.81 Cr. | 57.61 Cr. | 44.63 Cr. |
| Other Cashflows from Investing Activities | 8.79 Cr. | 17.46 Cr. | 75.40 Lakhs | 93.89 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. |
| Particulars | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|
| Research Development | None | None | None | None |
| Effect of Accounting Charges | None | None | None | None |
| Income Before Tax | 395.89 Cr. | 317.20 Cr. | 242.63 Cr. | 260.44 Cr. |
| Minority Interest | 11.56 Cr. | 12.13 Cr. | 13.57 Cr. | 13.85 Cr. |
| Net Income | 347.90 Cr. | 269.74 Cr. | 206.81 Cr. | 226.54 Cr. |
| Selling General Administrative | 250.69 Cr. | 215.98 Cr. | 208.70 Cr. | 192.97 Cr. |
| Gross Profit | 1122.82 Cr. | 911.37 Cr. | 858.65 Cr. | 879.53 Cr. |
| Ebit | 347.90 Cr. | 269.74 Cr. | 206.81 Cr. | 226.54 Cr. |
| Operating Income | 347.90 Cr. | 269.74 Cr. | 206.81 Cr. | 226.54 Cr. |
| Other Operating Expenses | 470.76 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 Items | None | None | None | None |
| Non Recurring | None | None | None | None |
| Other Items | None | None | None | None |
| Income Tax Expense | 100.81 Cr. | 79.46 Cr. | 58.74 Cr. | 91.72 Cr. |
| Total Revenue | 2012.76 Cr. | 1637.91 Cr. | 1579.56 Cr. | 1598.06 Cr. |
| Total Operating Expenses | 1664.86 Cr. | 1368.17 Cr. | 1372.75 Cr. | 1371.51 Cr. |
| Cost of Revenue | 889.94 Cr. | 726.54 Cr. | 720.91 Cr. | 718.52 Cr. |
| Total Other Income Expense Net | 47.99 Cr. | 47.45 Cr. | 35.81 Cr. | 33.89 Cr. |
| Discontinued Operations | None | None | None | None |
| Net Income from Continuous Ops. | 295.08 Cr. | 237.74 Cr. | 183.89 Cr. | 168.72 Cr. |
| Net Income Applicable to Common Shares | 295.65 Cr. | 239.18 Cr. | 182.52 Cr. | 167.24 Cr. |
| Particulars | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|
| Intangible Assets | 10.37 Cr. | 8.57 Cr. | 43.57 Lakhs | 49.98 Lakhs |
| Capital Surplus | 0 | 27.90 Cr. | 27.90 Cr. | 27.90 Cr. |
| Total Liabilities | 533.46 Cr. | 487.71 Cr. | 394.21 Cr. | 337.49 Cr. |
| Stock Holder Equity | 1568.46 Cr. | 1364.82 Cr. | 1187.32 Cr. | 1097.91 Cr. |
| Minority Interest | 11.56 Cr. | 12.13 Cr. | 13.57 Cr. | 13.85 Cr. |
| Other Liabilities | 147.83 Cr. | 45.27 Cr. | 45.75 Cr. | 50.31 Cr. |
| Total Assets | 2113.48 Cr. | 1864.67 Cr. | 1595.11 Cr. | 1449.27 Cr. |
| Common Stock | 55.36 Cr. | 55.36 Cr. | 55.36 Cr. | 55.36 Cr. |
| Retained Earnings | 0 | 1156.25 Cr. | 1002.03 Cr. | 902.18 Cr. |
| Other Liabilities | 42.84 Cr. | 45.92 Cr. | 39.28 Cr. | 48.77 Cr. |
| Good Will | 49 Lakhs | 48.80 Lakhs | 48.80 Lakhs | 48.80 Lakhs |
| Treasury Stock | 1513.10 Cr. | 125.29 Cr. | 102.01 Cr. | 112.46 Cr. |
| Other Assets | 45.36 Cr. | 31.67 Cr. | 23.60 Cr. | 31.59 Cr. |
| Cash | 277.99 Cr. | 19.29 Cr. | 12.63 Cr. | 232.16 Cr. |
| Current Liabilities | 482.62 Cr. | 435.51 Cr. | 342.29 Cr. | 288.72 Cr. |
| Long Term Asset Charges | 3.42 Cr. | 2.60 Cr. | 3.37 Cr. | 3.98 Cr. |
| Short Long Term Debt | 0 | 0 | 0 | 0 |
| Other Stockholder Equity | 1513.10 Cr. | 125.29 Cr. | 102.01 Cr. | 112.46 Cr. |
| Property Plant Equipment | 441.78 Cr. | 384.95 Cr. | 412.77 Cr. | 387.05 Cr. |
| Total Cur. Assets | 1379.34 Cr. | 1246.87 Cr. | 988.88 Cr. | 859.12 Cr. |
| Long Term Investments | 236.14 Cr. | 192.10 Cr. | 168.93 Cr. | 170.51 Cr. |
| Net Tangible Assets | 1557.60 Cr. | 1355.76 Cr. | 1186.40 Cr. | 1096.93 Cr. |
| Short Term Investments | 330.25 Cr. | 110.11 Cr. | 47.18 Lakhs | 1.91 Cr. |
| Net Receivables | 237.81 Cr. | 214.83 Cr. | 219.12 Cr. | 224.54 Cr. |
| Long Term Debt | 0 | 0 | 0 | 0 |
| Inventory | 447.61 Cr. | 322.54 Cr. | 303.34 Cr. | 328.58 Cr. |
| Accounts Payable | 327.70 Cr. | 311.78 Cr. | 226.29 Cr. | 180.71 Cr. |
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