GRINDWELL Stock Overview
Manufactures and sells abrasives, ceramics, and plastic products in India and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 3/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 4/6 |
Grindwell Norton Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹2,367.90 |
| 52 Week High | ₹2,960.00 |
| 52 Week Low | ₹1,875.20 |
| Beta | 0.50 |
| 11 Month Change | -3.14% |
| 3 Month Change | -14.00% |
| 1 Year Change | 14.33% |
| 33 Year Change | 72.22% |
| 5 Year Change | 289.75% |
| Change since IPO | 3,413.20% |
Recent News & Updates
Getting In Cheap On Grindwell Norton Limited (NSE:GRINDWELL) Is Unlikely
Sep 18
Grindwell Norton (NSE:GRINDWELL) Has A Pretty Healthy Balance Sheet
Aug 28Recent updates
Getting In Cheap On Grindwell Norton Limited (NSE:GRINDWELL) Is Unlikely
Sep 18Grindwell Norton (NSE:GRINDWELL) Has A Pretty Healthy Balance Sheet
Aug 28A Look Into Grindwell Norton's (NSE:GRINDWELL) Impressive Returns On Capital
May 29Analyst Estimates: Here's What Brokers Think Of Grindwell Norton Limited (NSE:GRINDWELL) After Its Annual Report
May 09Grindwell Norton Limited's (NSE:GRINDWELL) Share Price Not Quite Adding Up
Apr 09If EPS Growth Is Important To You, Grindwell Norton (NSE:GRINDWELL) Presents An Opportunity
Mar 22Grindwell Norton Limited Just Missed Earnings - But Analysts Have Updated Their Models
Feb 06Grindwell Norton (NSE:GRINDWELL) Knows How To Allocate Capital
Jan 31Grindwell Norton Limited (NSE:GRINDWELL) Investors Are Less Pessimistic Than Expected
Dec 28Is Now The Time To Put Grindwell Norton (NSE:GRINDWELL) On Your Watchlist?
Oct 16Grindwell Norton (NSE:GRINDWELL) Knows How To Allocate Capital
Sep 28Does Grindwell Norton (NSE:GRINDWELL) Have A Healthy Balance Sheet?
Aug 15We Ran A Stock Scan For Earnings Growth And Grindwell Norton (NSE:GRINDWELL) Passed With Ease
Jun 30Why You Should Care About Grindwell Norton's (NSE:GRINDWELL) Strong Returns On Capital
Jun 14Grindwell Norton (NSE:GRINDWELL) Could Easily Take On More Debt
May 13Do Grindwell Norton's (NSE:GRINDWELL) Earnings Warrant Your Attention?
Mar 28Why We Like The Returns At Grindwell Norton (NSE:GRINDWELL)
Mar 07Investors Should Be Encouraged By Grindwell Norton's (NSE:GRINDWELL) Returns On Capital
Dec 01We Ran A Stock Scan For Earnings Growth And Grindwell Norton (NSE:GRINDWELL) Passed With Ease
Nov 17Grindwell Norton (NSE:GRINDWELL) Is Achieving High Returns On Its Capital
Aug 29Here's Why We Think Grindwell Norton (NSE:GRINDWELL) Might Deserve Your Attention Today
Aug 15Grindwell Norton (NSE:GRINDWELL) Seems To Use Debt Rather Sparingly
Aug 02Grindwell Norton's (NSE:GRINDWELL) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 07Grindwell Norton (NSE:GRINDWELL) Has Announced That It Will Be Increasing Its Dividend To ₹12.00
May 24Grindwell Norton (NSE:GRINDWELL) Has Announced That It Will Be Increasing Its Dividend To ₹12.00
May 10With EPS Growth And More, Grindwell Norton (NSE:GRINDWELL) Is Interesting
Apr 20Investors Should Be Encouraged By Grindwell Norton's (NSE:GRINDWELL) Returns On Capital
Feb 13Should You Be Adding Grindwell Norton (NSE:GRINDWELL) To Your Watchlist Today?
Jan 14Grindwell Norton (NSE:GRINDWELL) Could Become A Multi-Bagger
Nov 10Here's Why We Think Grindwell Norton (NSE:GRINDWELL) Is Well Worth Watching
Oct 06Grindwell Norton (NSE:GRINDWELL) Could Easily Take On More Debt
Sep 08Grindwell Norton (NSE:GRINDWELL) Is Achieving High Returns On Its Capital
Aug 02Here's Why I Think Grindwell Norton (NSE:GRINDWELL) Might Deserve Your Attention Today
May 26Returns At Grindwell Norton (NSE:GRINDWELL) Appear To Be Weighed Down
May 02Are Strong Financial Prospects The Force That Is Driving The Momentum In Grindwell Norton Limited's NSE:GRINDWELL) Stock?
Mar 13Trade Alert: Rajani Seshadri At Grindwell Norton Limited (NSE:GRINDWELL), Has Just Spent ₹977k Buying 3.5% More Shares
Feb 28Here's Why We Think Grindwell Norton (NSE:GRINDWELL) Is Well Worth Watching
Feb 15Results: Grindwell Norton Limited Exceeded Expectations And The Consensus Has Updated Its Estimates
Feb 02The Case For Grindwell Norton Limited (NSE:GRINDWELL): Could It Be A Nice Addition To Your Dividend Portfolio?
Jan 27Should We Be Excited About The Trends Of Returns At Grindwell Norton (NSE:GRINDWELL)?
Jan 14If You Had Bought Grindwell Norton (NSE:GRINDWELL) Shares Five Years Ago You'd Have Earned 98% Returns
Jan 01Shareholder Returns
| GRINDWELL | IN Machinery | IN Market | |
|---|---|---|---|
| 7D | -4.1% | 1.1% | 1.1% |
| 1Y | 14.3% | 51.6% | 40.9% |
Return vs Industry: GRINDWELL underperformed the Indian Machinery industry which returned 51.6% over the past year.
Return vs Market: GRINDWELL underperformed the Indian Market which returned 40.9% over the past year.
Price Volatility
| GRINDWELL volatility | |
|---|---|
| GRINDWELL Average Weekly Movement | 3.8% |
| Machinery Industry Average Movement | 6.2% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in IN Market | 9.5% |
| 10% least volatile stocks in IN Market | 3.8% |
Stable Share Price: GRINDWELL has not had significant price volatility in the past 3 months.
Volatility Over Time: GRINDWELL's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1941 | 2,524 | B. Santhanam | www.grindwellnorton.co.in |
Grindwell Norton Limited manufactures and sells abrasives, ceramics, and plastic products in India and internationally. It operates through Abrasives, Ceramics and Plastics, Digital Services, and Others segment. The company offers bonded abrasives in the form of wheels and other shapes, such as segments, sticks, and cones etc. for various applications, including lapping, honing, super-finishing, thread grinding, fluting, OD grinding, ID grinding, and surface and sace grinding, as well as for rough applications comprising snagging, offhand grinding, and burr removal.
Grindwell Norton Limited Fundamentals Summary
| GRINDWELL fundamental statistics | |
|---|---|
| Market cap | ₹265.32b |
| Earnings (TTM) | ₹3.80b |
| Revenue (TTM) | ₹27.24b |
69.1x
P/E Ratio9.6x
P/S RatioIs GRINDWELL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GRINDWELL income statement (TTM) | |
|---|---|
| Revenue | ₹27.24b |
| Cost of Revenue | ₹12.40b |
| Gross Profit | ₹14.84b |
| Other Expenses | ₹11.04b |
| Earnings | ₹3.80b |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 34.31 |
| Gross Margin | 54.48% |
| Net Profit Margin | 13.94% |
| Debt/Equity Ratio | 4.0% |
How did GRINDWELL perform over the long term?
See historical performance and comparison