Grindwell Norton Limited (NSE:GRINDWELL)
India flag India · Delayed Price · Currency is INR
1,923.10
-38.60 (-1.97%)
Nov 11, 2026, 12:59 PM IST

Grindwell Norton Financials Overview

Millions INR. Fiscal year is Apr - Mar.

Revenue & Profits

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Revenue
32,82030,73228,11626,86825,41320,128
Revenue Growth
13.55%9.30%4.65%5.72%26.26%22.88%
Gross Profit
17,31116,36115,22914,64613,65111,112
Operating Income
5,3714,8564,2154,4874,5013,473
Net Income
4,6254,1573,6873,8363,6192,956
Earnings Per Share
41.7837.5433.3034.6532.6926.70
EPS Growth
21.52%12.73%-3.89%6.00%22.42%23.61%

Revenue by Segment

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Abrasives
15,81314,90814,02513,58312,75111,356
Ceramics & Plastics
14,27813,10611,88711,01810,5847,187
Digital Services
2,3572,2251,8411,8891,6591,362
Others
780.12878.93540.77540.87653.15397.4
Inter-Segment
-408.34-385.98-178.11-163.77-232.7-174.2
Total
32,82030,73228,11626,86825,41320,128

Cash & Debt

Fiscal Year
CurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Cash & Investments
11,51911,5568,7816,5835,7216,063
Total Debt
557.07607.13835.49825.96513.65150.93
Net Cash (Debt)
10,96210,9497,9455,7575,2075,912
Net Cash Growth
44.61%37.81%38.02%10.55%-11.92%-7.24%
Net Cash Per Share
99.0298.8971.7651.9947.0353.40

Cash Flow & CapEx

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Operating Cash Flow
5,4365,4214,5853,6793,9261,866
Capital Expenditures
-686.86-1,189-940.65-1,724-3,216-1,256
Free Cash Flow
4,7494,2323,6441,956710.39609.91
Free Cash Flow Growth
44.75%16.14%86.34%175.29%16.48%-78.44%

Margins

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Gross Margin
52.75%53.24%54.17%54.51%53.72%55.21%
Operating Margin
16.36%15.80%14.99%16.70%17.71%17.26%
Pretax Margin
18.83%18.07%17.50%18.92%19.12%19.67%
Profit Margin
14.09%13.53%13.11%14.28%14.24%14.69%
FCF Margin
14.47%13.77%12.96%7.28%2.79%3.03%

Dividends

Fiscal Year
CurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingNov '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Dividend Per Share
19.00019.00017.00017.00014.50012.000
Dividend Per Share Growth
11.76%11.77%0%17.24%20.83%26.32%
Dividend Yield
0.99%1.40%1.01%0.90%0.77%0.67%

Valuation

Fiscal Year
CurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingNov '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
PE Ratio
46.0336.0450.6454.8157.3667.39
P/FCF Ratio
45.6535.4051.23107.52292.22326.66
PS Ratio
6.614.886.647.838.179.90