Grindwell Norton Limited (NSE:GRINDWELL)

Grindwell Norton Cash Flow Statement

Financials in millions INR. Fiscal year is April - March.

Operating Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Net Income	4,625	4,157	3,687	3,836	3,619	2,956
Depreciation & Amortization	1,020	1,005	880.76	672.51	571.2	511.72
Other Amortization	46.07	46.07	45.7	36.3	30.25	22.95
Asset Writedown & Restructuring Costs	16.02	22.62	15.99	11.35	34.88	-31.29
Loss (Gain) From Sale of Investments	-537.83	-400.37	-324.22	-232.6	-192.2	-161.01
Loss (Gain) on Equity Investments	-7.23	-0.77	-9.41	4.19	18.63	9.85
Stock-Based Compensation	42.91	34.69	20.77	16.37	13.87	15.67
Provision & Write-off of Bad Debts	14.43	26.18	27.75	4.52	12.95	-
Other Operating Activities	-160.3	-271.26	-131.8	-345.33	-93.84	-27.95
Change in Accounts Receivable	-121.35	-361.33	-71.91	-773.16	-448.76	-356.9
Change in Inventory	-506.93	84.18	-22.75	-236.62	-163.32	-1,251
Change in Accounts Payable	1,121	919.91	619.63	825.35	-476.41	161.04
Change in Other Net Operating Assets	-115.24	159.85	-152.78	-139.86	999.66	15.98
Operating Cash Flow	5,436	5,421	4,585	3,679	3,926	1,866
Operating Cash Flow Growth	16.25%	18.25%	24.61%	-6.28%	110.41%	-43.68%

Investing Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Capital Expenditures	-686.86	-1,189	-940.65	-1,724	-3,216	-1,256
Sale of Property, Plant & Equipment	13.17	10.26	17.59	33.63	8.2	56.92
Investment in Securities	-2,204	-2,256	-1,468	-339.19	458.47	575.07
Other Investing Activities	411.42	281.24	263.47	212.49	148.43	87.96
Investing Cash Flow	-2,466	-3,154	-2,127	-1,817	-2,600	-535.95

Financing Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Long-Term Debt Issued	-	-	17.1	80.09	118.07	21.53
Long-Term Debt Repaid	-	-186.1	-253.91	-145.82	-113.45	-67.34
Lease Payments	-179.68	-166.64	-152.75	-89.83	-63.36	-67.34
Net Debt Issued (Repaid)	-236.17	-186.1	-236.82	-65.73	4.63	-45.81
Common Dividends Paid	-2,104	-1,882	-1,882	-1,605	-1,329	-1,052
Other Financing Activities	-69.14	-81.67	-93.47	-77.59	-78.01	-41.2
Financing Cash Flow	-2,409	-2,150	-2,213	-1,749	-1,402	-1,139

Net Cash Flow

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Miscellaneous Cash Flow Adjustments	-9.04	-43.68	-23.23	-18.99	88.67	-
Net Cash Flow	551.76	73.87	221.72	94.91	12.13	191.01

Free Cash Flow

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Free Cash Flow	4,749	4,232	3,644	1,956	710.39	609.91
Free Cash Flow Growth	44.75%	16.14%	86.34%	175.29%	16.48%	-78.44%
Free Cash Flow Margin	14.47%	13.77%	12.96%	7.28%	2.79%	3.03%
Free Cash Flow Per Share	42.90	38.23	32.91	17.66	6.42	5.51
Levered Free Cash Flow	4,259	3,758	3,145	1,406	-243.83	219.29
Unlevered Free Cash Flow	4,302	3,809	3,200	1,448	-196.33	241.6
Free Cash Flow After Leases	4,570	4,066	3,492	1,866	647.04	542.57

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash Interest Paid	69.14	81.67	93.47	77.59	78.01	41.2
Cash Income Tax Paid	1,504	1,384	1,144	1,374	1,232	997.18
Change in Working Capital	377.19	802.61	372.19	-324.3	-88.83	-1,431

Data Source: S&P Global Market Intelligence Last updated: Oct 29, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 9, 2026

Data Sources Report a data error