Grindwell Norton Limited

BSE:506076 Stock Report

Market Cap: ₹228.7b

Grindwell Norton Valuation

Is 506076 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 506076 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 506076 (₹2065.35) is trading above our estimate of fair value (₹645.88)

Significantly Below Fair Value: 506076 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 506076?

Key metric: As 506076 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 506076. This is calculated by dividing 506076's market cap by their current earnings.
What is 506076's PE Ratio?
PE Ratio61.1x
Earnings₹3.74b
Market Cap₹228.68b

Price to Earnings Ratio vs Peers

How does 506076's PE Ratio compare to its peers?

The above table shows the PE ratio for 506076 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average50.4x
500472 SKF India
41.3x14.0%₹231.3b
522113 Timken India
62.7x21.1%₹248.0b
ELGIEQUIP Elgi Equipments
54x15.3%₹176.9b
500241 Kirloskar Brothers
43.8xn/a₹172.8b
506076 Grindwell Norton
61.1x15.2%₹228.7b

Price-To-Earnings vs Peers: 506076 is expensive based on its Price-To-Earnings Ratio (61.1x) compared to the peer average (50.4x).


Price to Earnings Ratio vs Industry

How does 506076's PE Ratio compare vs other companies in the IN Machinery Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
504220 W.S. Industries (India)
4.8xn/aUS$87.30m
No more companies available in this PE range
506076 61.1xIndustry Avg. 35.8xNo. of Companies24PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 506076 is expensive based on its Price-To-Earnings Ratio (61.1x) compared to the Indian Machinery industry average (35.8x).


Price to Earnings Ratio vs Fair Ratio

What is 506076's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

506076 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio61.1x
Fair PE Ratio35.2x

Price-To-Earnings vs Fair Ratio: 506076 is expensive based on its Price-To-Earnings Ratio (61.1x) compared to the estimated Fair Price-To-Earnings Ratio (35.2x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 506076 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹2,065.35
₹2,379.20
+15.2%
6.5%₹2,580.00₹2,170.00n/a5
Nov ’25₹2,253.90
₹2,423.40
+7.5%
8.7%₹2,749.00₹2,170.00n/a5
Oct ’25₹2,411.00
₹2,440.80
+1.2%
7.9%₹2,749.00₹2,170.00n/a5
Sep ’25₹2,435.45
₹2,397.33
-1.6%
8.4%₹2,749.00₹2,170.00n/a6
Aug ’25₹2,571.45
₹2,397.33
-6.8%
8.4%₹2,749.00₹2,170.00n/a6
Jul ’25₹2,834.05
₹2,390.83
-15.6%
8.7%₹2,749.00₹2,170.00n/a6
Jun ’25₹2,561.40
₹2,303.00
-10.1%
6.1%₹2,512.00₹2,170.00n/a6
May ’25₹2,113.35
₹2,232.33
+5.6%
5.7%₹2,512.00₹2,130.00n/a6
Apr ’25₹1,947.95
₹2,236.50
+14.8%
5.7%₹2,512.00₹2,130.00n/a6
Mar ’25₹2,109.75
₹2,236.50
+6.0%
5.7%₹2,512.00₹2,130.00n/a6
Feb ’25₹2,326.95
₹2,258.67
-2.9%
7.6%₹2,604.00₹2,030.00n/a6
Jan ’25₹2,356.55
₹2,263.40
-4.0%
8.3%₹2,604.00₹2,030.00n/a5
Dec ’24₹2,109.25
₹2,298.67
+9.0%
8.2%₹2,604.00₹2,030.00n/a6
Nov ’24₹2,139.20
₹2,301.50
+7.6%
8.3%₹2,604.00₹2,047.00₹2,253.906
Oct ’24₹2,070.95
₹2,301.50
+11.1%
8.3%₹2,604.00₹2,047.00₹2,411.006
Sep ’24₹2,253.25
₹2,301.50
+2.1%
8.3%₹2,604.00₹2,047.00₹2,435.456
Aug ’24₹2,439.15
₹2,241.83
-8.1%
10.6%₹2,604.00₹1,897.00₹2,571.456
Jul ’24₹2,279.90
₹2,216.83
-2.8%
11.2%₹2,604.00₹1,897.00₹2,834.056
Jun ’24₹2,113.20
₹2,130.67
+0.8%
8.4%₹2,475.00₹1,897.00₹2,561.406
May ’24₹1,902.05
₹2,147.17
+12.9%
4.8%₹2,340.00₹2,041.00₹2,113.356
Apr ’24₹1,874.90
₹2,147.17
+14.5%
4.8%₹2,340.00₹2,041.00₹1,947.956
Mar ’24₹1,817.10
₹2,147.17
+18.2%
4.8%₹2,340.00₹2,041.00₹2,109.756
Feb ’24₹1,978.65
₹2,130.17
+7.7%
7.8%₹2,460.00₹1,957.00₹2,326.956
Jan ’24₹1,784.70
₹2,130.17
+19.4%
7.8%₹2,460.00₹1,957.00₹2,356.556
Dec ’23₹1,943.85
₹2,130.17
+9.6%
7.8%₹2,460.00₹1,957.00₹2,109.256
Nov ’23₹2,140.85
₹1,952.83
-8.8%
9.0%₹2,196.00₹1,670.00₹2,139.206

Analyst Forecast: Target price is less than 20% higher than the current share price.


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