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INVESTMENT INSIGHTS

Check Before You Invest : Grindwell Norton Ltd

BSE: 506076 NSE: GRINDWELL ISIN: INE536A01023
  |   Sector:  Capital Goods & Industrial Consumables   |   Industry:  Abrasives

Snapshot

Q.1 Which industry/sub-sector does Grindwell Norton Ltd belong to?
Grindwell Norton Ltd belongs to the Capital Goods & Industrial Consumables sector, operating specifically within the Abrasives segment.
Q.2 Is Grindwell Norton Ltd a good quality company?
Grindwell Norton Ltd is a good quality company, based on a consistently good 10 year financial track record.
Q.3 Is Grindwell Norton Ltd undervalued or overvalued?
Grindwell Norton Ltd appears Fair, as its key valuation ratios are in line with their past averages.
Q.4 Is Grindwell Norton Ltd a good buy now?
Grindwell Norton Ltd is a neutral opportunity now, based on stable price trend analysis suggesting prices may move sideways. However, you need to check its quality and valuation before making a decision

Performance Analysis

Q.1 Revenue growth of Grindwell Norton Ltd?
Grindwell Norton Ltd revenue growth is 3.2% for FY-2025 , which is below its 5 year CAGR of 12% , indicating slower growth.
Q.2 Gross Profit margin of Grindwell Norton Ltd?
Grindwell Norton Ltd Gross profit margin which is the profit after deduction of direct costs, is 20.3% for FY-2025 , which is below its 5 year median of 21.3% , indicating decreasing margins.
Q.3 Operating Profit Margin of Grindwell Norton Ltd?
Grindwell Norton Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is 18.23% for FY-2025 , which is below its 5 year median of 19.84% indicating decreasing margins.
Q.4 Net Profit Margin of Grindwell Norton Ltd?
Grindwell Norton Ltd Net Profit Margin is 13.18% for FY-2025 , is below with its 5 year median of 14.5%, indicating decreasing margins.
Current Level Historic Median
Gross Profit Margin 20.3 21.3
Operating Profit Margin 18.23 19.84
Net Profit Margin 13.18 14.5
Q.5 Return on Asset of Grindwell Norton Ltd?
Grindwell Norton Ltd Return on Asset is 10.14%, which is below its 5 year historical median of 11.66%, indicating deteriorated asset utilization efficiency.
Q.6 Return on Equity (ROE) of Grindwell Norton Ltd?
Grindwell Norton Ltd Return on equity is 16.95% for FY-2025 , which is below its historical median of 19.91%, indicating the business is making worse use of its shareholders capital.
Q.7 Return on capital employed (ROCE) of Grindwell Norton Ltd?
Grindwell Norton Ltd Return on capital employed is 22.65% for FY-2025 , which is above its estimated weighted average cost of capital(WACC) 13.5%, indicating value creation.
Q.8 Cash conversion cycle of Grindwell Norton Ltd?
Grindwell Norton Ltd Cash conversion cycle is 38 days, below its historical median of 38 days, indicating improved working capital management. However, you need to compare this with its peers in the industry.
Current Level Historic Median
Asset Turnover 0.79 0.82
ROE 16.95 19.91
ROCE 22.65 26.45
Cash Conversion Cycle 38 days 38 days
Q.9 Debt to Equity ratio of Grindwell Norton Ltd?
Grindwell Norton Ltd Debt-to-Equity ratio is 0.00 , which is lower with the industry average of 0.01 , indicating lower debt levels in the industry.
Q.10 Debt to cash flow from operations of Grindwell Norton Ltd?
Grindwell Norton Ltd Debt to cash flow from operations is 0.01 , which is at a healthy level.

Ownership & governance

Q.1 Promoter shareholding and pledge status of Grindwell Norton Ltd?
Promoters hold 58.03% of the Grindwell Norton Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Peer comparison (industry-wise, mcap)

Q.1 Revenue growth of Grindwell Norton Ltd vs industry peers?
Grindwell Norton Ltd revenue CAGR is 12.01% , compared to the industry median CAGR of 12.01% , indicating slower growth and losing its market share.
Profit Metrics
Current Level Industry Median
Revenue 2,737.4 2,523.8
Gross Profit 555.6 537.6
Operating Profit 497 497
Net Profit 361 350
Operating Efficiency
Current Level Industry Median
Asset Turnover 0.79 0.92
ROE 16.95 19.91
ROCE 22.65 26.45
Cash Conversion Cycle (days) 38.32 80

Valuation & price assessment

Q.1 Stock return of Grindwell Norton Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 17.1% based on the current price.
Q.2 What return has the stock given over the last decade?
9Y 5Y 3Y 1Y
Share Price 17.1% 11.7% -5.7% -7%
Q.3 Valuation ratios of Grindwell Norton Ltd vs historical?
The current P/E is higher that its historical median.
Q.4 How do the current valuation ratios measure up against the historic numbers and the current industry numbers?
Valuation Ratios Current Historic Median Industry Median
Price to Earnings 45.3 33.23 43.00
Price to Book 7.39 4.71 10.22
Price to Sales 6.06 4.12 9.26
EV to EBITDA 27.75 21.29 32.80

Check more companies

1. Carborundum Univer.
2. Grindwell Norton
3. Wendt India
4. John Oakey & Mohan Ltd.
5. Alirox Abrasives
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