Grindwell Norton Ltd Stock Price Today (NSE: GRINDWELL)

Grindwell Norton Ltd

2055.30+8.00 (+0.39%)
Market Closed

Fundamental Score

...

Grindwell Norton Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Grindwell Norton Ltd share price today is 2055.30, up +0.39% on NSE/BSE as of 17 June 2026. Grindwell Norton Ltd (GRINDWELL) is a Mid-cap company in the Abrasives & Bearings sector with a market capitalisation of 17.26K (Cr). The 52-week high for GRINDWELL share price is 2002.70 and the 52-week low is 1329.00. At a P/E ratio of 45.34x, GRINDWELL is currently trading below its industry average P/E of 52.12x. The company has a Return on Equity (ROE) of 16.04% and a debt-to-equity ratio of 0.04.

Grindwell Norton Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
2055.30
Low
1561.00
Volume
1.6L
Change
+17.74%

Grindwell Norton Ltd share price chart: 17.74% return over the past month. 52-week high ₹2002.70, 52-week low ₹1329.00.

Grindwell Norton Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
1837.901875.901817.101859.0047.51K (Cr)
1869.001912.401830.101848.001.75L (Cr)
1930.001948.601797.801839.8084.87K (Cr)
1912.301912.301912.301912.300.00 (Cr)
1913.401945.001893.201912.3026.03K (Cr)
1930.001944.001903.001913.4027.41K (Cr)
1962.101962.101921.101936.0031.82K (Cr)
1962.501975.501930.001943.4044.33K (Cr)
1929.001999.001903.101962.5073.01K (Cr)
1881.302002.701866.001928.801.88L (Cr)

Grindwell Norton Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
1869.001912.401817.101859.00-0.54%
1575.902002.701565.001839.80+16.75%
1355.601681.701355.501575.90+16.25%
1600.001633.501329.001353.10-15.43%
1519.201726.001505.001662.40+9.43%
1565.001617.001491.201543.40-1.38%
1559.901625.001505.901564.10+0.27%
1689.101699.601519.901555.60-7.90%
1594.001748.801542.501689.10+5.97%
1558.601706.001515.001588.20+1.90%
1540.401597.801448.601563.50+1.50%
1739.201842.001535.001540.40-11.43%

Returns & Performance

Average

Return on Equity (ROE)

16.04%

Profit generated per ₹1 of shareholder equity

Excellent

Return on Capital (ROCE)

20.90%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

19.34%

Average operating profit margin over 5 years

Good

Dividend Yield

1.09%

Annual dividend as % of current share price

Grindwell Norton Ltd Valuation Check

Good

Price to Earnings (P/E)

45.34x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

52.12x

Average P/E of all peers in this sector

Market-cap Classification
Mid-cap
Balance of growth potential and stability.

Shareholding Pattern

Excellent

Promoter Holding

58.03%

% shares held by company founders/management

Average

FII Holding

6.38%

% shares held by foreign institutional investors

Good

DII Holding

18.37%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

11.12%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

11.65%

Revenue growth vs same quarter last year

Good

Revenue Growth (5-Year CAGR)

12.22%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

15.09%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

15.09%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.04x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

57.97x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

986.69 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Grindwell Norton Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of GRINDWELL across key market metrics for learning purposes.

Positive Indicators

11 factors identified

Strong Return on Equity (16.04%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (20.90%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Strong Operating Margins (19.34%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Consistent Growth Track Record (12.22% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (15.09% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (15.09% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Conservative Debt Levels (D/E: 0.04)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (57.97x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Strong Cash Generation (₹986.69 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Balanced Promoter Holding (58.03%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

1 factors identified

Premium Valuation Risk (P/E: 45.34x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Grindwell Norton Ltd vs Abrasives & Bearings Peers

Peer Comparison - Abrasives & Bearings

Compare Grindwell Norton Ltd with 7 other companies in the same sector

8 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
63.3/100
2055
₹17258.99
45.3
Average
16.04%
Good
20.90%
Excellent
0.0
Excellent
15.09%
Excellent
12.22%
Good
1.09%
55.2/100
3538
₹23706.31
52.1
Average
16.95%
Good
20.93%
Excellent
0.0
Excellent
12.63%
Good
14.24%
Good
1.14%
34.1/100
1035
₹16809.65
67.3
Average
10.85%
Average
16.12%
Good
0.1
Excellent
6.03%
Good
13.49%
Good
0.45%
56.3/100
1649
₹9625.35
17.3
Average
21.43%
Excellent
28.83%
Excellent
0.0
Excellent
0.74%
47.9/100
6911
₹1631.15
59.1
Average
15.11%
Good
19.81%
Good
0.0
Excellent
30.95%
Excellent
10.29%
Good
0.61%
31.3/100
186
₹321.37
60.4
Average
5.86%
Poor
11.96%
Average
0.7
Good
0.57%
45.7/100
460
₹230.55
37.7
Average
13.63%
Average
16.13%
Good
0.3
Excellent
19.60%
Excellent
16.68%
Excellent
0.00%
17.3/100
33
₹71.01
-18.67%
Poor
-14.24%
Poor
8.86%
Good
0.00%

Grindwell Norton Ltd PE Ratio History

Historical price-to-earnings ratio for GRINDWELL — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 202533.30₹1564.1047x
FY 202434.65₹1919.9055.4x
FY 202332.69₹2329.1071.2x
FY 202226.70₹1783.6566.8x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Grindwell Norton Ltd Dividend History

Annual cash dividends paid by GRINDWELL — dividend yield 1.09%

Financial YearDividends Paid (₹ Cr)
FY 2025188.22 Cr
FY 2024160.54 Cr
FY 2023132.86 Cr
FY 2022105.18 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Grindwell Norton Ltd Quarterly Performance

Latest quarterly metrics for GRINDWELL — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

11.65%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

11.12%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

12.22%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

15.09%

Compounded annual net profit growth over 5 years

Grindwell Norton Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for GRINDWELL — calculated from daily price history

82RSI 14
Overbought — RSI 82

Momentum is strong — price may be stretched. Watch for pullbacks.

SMA 50
1609
▲ Price above SMA 50 — Short-term bullish
SMA 200
1597
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
134K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Grindwell Norton Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Grindwell Norton Ltd (GRINDWELL) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Grindwell Norton Ltd

About GRINDWELL (Grindwell Norton Ltd)

Grindwell Norton Ltd is a prominent force in the abrasives and bearings landscape, renowned for its comprehensive portfolio of high-performance solutions. As a leading manufacturer..., Grindwell Norton crafts a wide array of abrasive products, ranging from robust bonded abrasives designed for heavy-duty grinding to flexible coated abrasives that deliver precision finishing. They are also known for specialized non-woven abrasives used in demanding applications, thin wheels optimized for cutting, and durable construction products used on job sites. The company extends its expertise to the automotive sector, providing aftermarket solutions, adhesives, and sealants tailored to industry requirements. Grindwell Norton's commitment to innovation and quality has solidified its position as a trusted partner for industries demanding superior grinding and finishing solutions. Beyond abrasives, Grindwell Norton also excels in the realm of ceramics and plastics. They offer a diverse range of advanced ceramic materials, engineered for exceptional performance in demanding environments. These ceramic components find applications in industries ranging from aerospace to electronics, where their heat resistance, strength, and wear resistance are critical. The company's plastics division further complements its portfolio, manufacturing precision-molded plastic parts and components. These plastic products are tailored to meet the specific needs of various sectors, including the medical and automotive industries. This strategic diversification enables Grindwell Norton to cater to a broad spectrum of customer requirements, delivering innovative solutions that drive efficiency and performance. Moreover, Grindwell Norton has embraced the digital age with its Digital Services segment, demonstrating a commitment to innovation and customer centricity. Through this division, the company leverages data analytics, connectivity, and automation to optimize manufacturing processes and enhance product performance. Their life science solutions include advanced biopharmaceutical systems, medical components, and cell culture solutions. The company is investing in advanced technologies to develop and deliver cutting-edge digital solutions that empower businesses to achieve greater efficiency, productivity, and sustainability. The company’s digital initiatives reflect a proactive approach to meeting the evolving needs of its customers and solidifying its position as a leader in the abrasives, ceramics, and plastics industry.

Company Details

Symbol:GRINDWELL
Industry:Abrasives & Bearings
Sector:Abrasives & Bearings

Key Leadership

Mr. Venugopal Ramnath Shanbhag
MD & Whole-time Executive Director
Mr. Krishnaswamy Visweswaran
Compliance Officer & Company Secretary
Mr. Hari Singudasu
Executive Director

Corporate Events

Upcoming
Earnings Date
Recent
Ex-Dividend Date

GRINDWELL Share Price: Frequently Asked Questions

What is the current share price of Grindwell Norton Ltd?

Grindwell Norton Ltd (GRINDWELL) trades at ₹2055.30 on NSE and BSE. Market cap ₹17.26K (Cr). Educational data only.

What is the P/E ratio of Grindwell Norton Ltd?

Grindwell Norton Ltd has a P/E of 45.34x vs industry average 52.12x.

What is the Bull Run score for Grindwell Norton Ltd?

Grindwell Norton Ltd has a Bull Run score of 63.3/100 based on 25+ financial parameters.

Does Grindwell Norton Ltd pay dividends?

Grindwell Norton Ltd has a dividend yield of 1.09%. Past dividends don't guarantee future payments.

What is the ROE of Grindwell Norton Ltd?

Grindwell Norton Ltd has ROE of 16.04%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Grindwell Norton Ltd?

Grindwell Norton Ltd has debt-to-equity of 0.04.

Is Grindwell Norton Ltd a good investment?

Bull Run gives Grindwell Norton Ltd a score of 63.3/100. This is not investment advice — consult a SEBI-registered advisor.