Grindwell Norton Limited (NSE:GRINDWELL)
India flag India · Delayed Price · Currency is INR
1,873.10
+46.30 (2.53%)
Oct 21, 2026, 3:30 PM IST

Grindwell Norton Financials Overview

Millions INR. Fiscal year is Apr - Mar.

Revenue & Profits

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJun '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Revenue
31,73030,73228,11626,86825,41320,128
Revenue Growth
12.94%9.30%4.65%5.72%26.26%22.88%
Gross Profit
16,94116,36115,22914,64613,65111,112
Operating Income
5,1214,8564,2154,4874,5013,473
Net Income
4,3674,1573,6873,8363,6192,956
Earnings Per Share
39.4437.5433.3034.6532.6926.70
EPS Growth
18.05%12.73%-3.89%6.00%22.42%23.61%

Revenue by Segment

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJun '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Abrasives
15,26114,90814,02513,58312,75111,356
Ceramics & Plastics
13,66613,10611,88711,01810,5847,187
Digital Services
2,3042,2251,8411,8891,6591,362
Others
896.55878.93540.77540.87653.15397.4
Inter-Segment
-396.96-385.98-178.11-163.77-232.7-174.2
Total
31,73030,73228,11626,86825,41320,128

Cash & Debt

Fiscal Year
CurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJun '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Cash & Investments
11,55611,5568,7816,5835,7216,063
Total Debt
607.13607.13835.49825.96513.65150.93
Net Cash (Debt)
10,94910,9497,9455,7575,2075,912
Net Cash Growth
37.81%37.81%38.02%10.55%-11.92%-7.24%
Net Cash Per Share
98.8898.8971.7651.9947.0353.40

Cash Flow & CapEx

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

Margins

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJun '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Gross Margin
53.39%53.24%54.17%54.51%53.72%55.21%
Operating Margin
16.14%15.80%14.99%16.70%17.71%17.26%
Pretax Margin
18.39%18.07%17.50%18.92%19.12%19.67%
Profit Margin
13.76%13.53%13.11%14.28%14.24%14.69%
FCF Margin
-13.77%12.96%7.28%2.79%3.03%

Dividends

Fiscal Year
CurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingOct '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
1.01%1.40%1.01%0.90%0.77%0.67%

Valuation

Fiscal Year
CurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingOct '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
PE Ratio
47.4936.0450.6454.8157.3667.39
P/FCF Ratio
49.1735.4051.23107.52292.22326.66
PS Ratio
6.564.886.647.838.179.90