Grindwell Norton Ltd Share Price
As on 19 November 2025 at 02:57 IST
Grindwell Norton Ltd. Q1 FY26 Results:
Net profit for the period increased 2% to ₹94.4 crores in Q1 FY26, from ₹93 crores in Q1 FY25. Total income for the quarter increased 1% year-on-year to ₹727 crores, from ₹721 crores.
About Grindwell Norton Ltd
Grindwell Norton Ltd. (GNO) is a leading manufacturer of abrasives, ceramics, and performance plastics. The company operates in the industrial manufacturing sector. Founded in 1941, Grindwell Norton Ltd. has years of experience in the industry. The company’s headquarters are located in Mumbai, Maharashtra, India. GNO’s main products span several categories. In the abrasives segment, the company offers a wide range of grinding wheels, coated abrasives, and super abrasives. The ceramics segment includes high-performance refractories and silicon carbide products. The performance plastics segment features advanced materials used in various industrial applications. +
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LOGINOver 1 Month
-1.52%
Over 6 Months
-6.97%
Over 1 Year
-22.48%
Over 3 Years
-19.02%
Grindwell Norton Ltd Summary
Close ₹1,624.90
Open ₹1,594
High ₹1,643.70
Low ₹1,593.10
Volume 41,640
Net Turnover (in Cr) ₹6.77
52Wk High ₹2,280
52Wk Low ₹1,356.05
52Wk High / Low
1,356.05
2,280
Grindwell Norton Ltd Fundamentals
Key Financial Data
Market Cap (in Cr) ₹17,990.89
EPS (TTM) 33.81
Book Value (BV) 204.52
Div. Yield 1.05 %
P/E (TTM) 48
Price/Book Value 7.93
Delivery % 31.33 %
Face Value 5
Key Ratios
PE Ratio 51.74
PB Ratio 8.33
EV to Sales 6.75
PEG Ratio -9.89
ROA 15.19
ROE 16.83
Debt-Equity 0.04
Net Profit Margin 13.18
Operating Profit Margin 21.09
Grindwell Norton Ltd Financials
Profit and Loss
| Particulars (in ₹ Cr.) | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Total Revenue | 2,891.47 | 2,755.08 | 2,597.41 | 2,065.85 | 1,688.88 |
| Total Expenses | 2,400.44 | 2,245.97 | 2,109.65 | 1,668.98 | 1,371.61 |
| Profit Before Tax | 491.96 | 508.33 | 485.90 | 395.89 | 317.20 |
| Profit After Tax | 371.27 | 383.96 | 361.52 | 295.08 | 237.74 |
| Operating Profit After Depreciation | 500.37 | 516.86 | 495.56 | 400.99 | 320.69 |
Balance Sheet
| Particulars (in ₹ Cr.) | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Fixed Assets | 886.34 | 756 | 586.36 | 386.40 | 370.02 |
| Total Non Current Assets | 1,254.88 | 1,196.30 | 1,031.39 | 741.54 | 617.79 |
| Total Current Assets | 1,801.91 | 1,573.32 | 1,378.50 | 1,377.79 | 1,246.88 |
| Total Assets | 3,056.79 | 2,769.62 | 2,409.90 | 2,119.32 | 1,864.67 |
| Total Shareholder's Fund | 2,255.50 | 2,055.27 | 1,805.81 | 1,568.46 | 1,364.82 |
Cash Flow
| Particulars (in ₹ Cr.) | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Net Cash From Operating Activities | 458.49 | 367.94 | 392.60 | 186.58 | 331.28 |
| Net Cash Used In Investing Activities | -215.07 | -183.57 | -251.18 | -53.60 | -229.58 |
| Net Cash Used In Financing Activities | -221.25 | -174.87 | -140.20 | -113.88 | -95.03 |
Profit and Loss
| Particulars (in ₹ Cr.) | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Total Revenue | 2,817.22 | 2,719.99 | 2,579.76 | 2,058.68 | 1,683.87 |
| Total Expenses | 2,338.58 | 2,211.96 | 2,088.92 | 1,659.06 | 1,364.24 |
| Profit Before Tax | 478.64 | 504.83 | 490.85 | 399.62 | 319.64 |
| Profit After Tax | 360.83 | 380.72 | 365.91 | 298 | 242.07 |
| Operating Profit After Depreciation | 487.29 | 514.95 | 498.37 | 403.58 | 322.88 |
Balance Sheet
| Particulars (in ₹ Cr.) | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Fixed Assets | 861.53 | 731.20 | 570.29 | 366.49 | 348.10 |
| Total Non Current Assets | 1,247.38 | 1,187.80 | 1,028.44 | 739.25 | 613.32 |
| Total Current Assets | 1,771.08 | 1,555.02 | 1,352.60 | 1,353.53 | 1,229.30 |
| Total Assets | 3,018.46 | 2,742.82 | 2,381.04 | 2,092.78 | 1,842.62 |
| Total Shareholder's Fund | 2,243.36 | 2,051.05 | 1,804.36 | 1,563.04 | 1,357.06 |
Cash Flow
| Particulars (in ₹ Cr.) | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Net Cash From Operating Activities | 452.93 | 363.93 | 398.40 | 185.52 | 330.74 |
| Net Cash Used In Investing Activities | -212.50 | -175.87 | -257.13 | -55.22 | -225.47 |
| Net Cash Used In Financing Activities | -219.20 | -173.77 | -139.78 | -113.53 | -94.69 |
| Particulars (in ₹ Cr.) | 2025-09 | 2025-06 | 2025-03 | 2024-12 | 2024-09 |
|---|---|---|---|---|---|
| Total Revenue | 774.74 | 703.46 | 709.51 | 702.61 | 693.87 |
| Total Expenses | 634.07 | 573.57 | 582.19 | 579.17 | 564.66 |
| Profit Before Tax | 143.25 | 125.89 | 122.89 | 116.15 | 127.51 |
| Profit After Tax | 107.43 | 94.44 | 92.84 | 87.97 | 97.09 |
| Operating Profit after Depreciation | 171.74 | 153.96 | 150.28 | 141.74 | 152.62 |
| Particulars (in ₹ Cr.) | 2025-09 | 2025-06 | 2025-03 | 2024-12 | 2024-09 |
|---|---|---|---|---|---|
| Total Revenue | 761.22 | 693.86 | 691.23 | 683.21 | 671.98 |
| Total Expenses | 624.40 | 564.60 | 568.36 | 564.64 | 546.63 |
| Profit Before Tax | 140.13 | 125.81 | 119.24 | 111.74 | 124.46 |
| Profit After Tax | 105.12 | 94.39 | 91.33 | 83.55 | 94.04 |
| Operating Profit after Depreciation | 167.81 | 153.09 | 145.61 | 136.52 | 148.75 |
Grindwell Norton Ltd Technicals
Support and Resistance
S3 S2 S1 Pivot R1 R2 R3
S1 1,597.43
S2 1,569.97
S3 1,546.83
Pivot 1,620.57
R1 1,648.03
R2 1,671.17
R3 1,698.63
Moving Average
20 SMA 1,621.89
50 SMA 1,630.66
100 SMA 1,630.77
200 SMA 1,662.56
Grindwell Norton Ltd Corporate Actions
Grindwell Norton Ltd
₹17.0/Share
Announcement Date 15 Jul 2025
Record Date 15 Jul 2025
Div Yield 340%
Grindwell Norton Ltd Peer Comparison
| Company | Price | Market Cap (in Cr) |
|---|---|---|
| Cummins India Ltd | ₹4,381.40 | ₹1,21,452.41 |
| Tube Investments of India Ltd | ₹3,091.80 | ₹59,829.07 |
| APL Apollo Tubes Ltd | ₹1,778 | ₹49,363.69 |
| Welspun Corp Ltd | ₹906.40 | ₹23,893.33 |
| Jyoti CNC Automation Ltd | ₹971.60 | ₹22,096.43 |
Grindwell Norton Ltd Top Mutal Funds Invested
| Fund Name | AUM |
|---|---|
| SBI Infrastructure Fund-Series | 3.53% |
| SBI MNC Fund | 2.83% |
| SBI Midcap Fund | 1.69% |
| ICICI Pru Smallcap Fund | 1.33% |
| UTI-Mid Cap Fund | 1.02% |
Grindwell Norton Ltd News
Grindwell Norton to discuss results
On 30 October 2025
14 Oct 2025, 05:34 pm
Board of Grindwell Norton approves purchase of land at Halol, Gujarat
At meeting held on 25 July 2025
25 Jul 2025, 04:33 pm
Grindwell Norton to discuss results
On 25 July 2025
11 Jul 2025, 10:33 am
Board of Grindwell Norton approves change in directorate
At meeting held on 09 May 2025
09 May 2025, 07:32 pm
Grindwell Norton to convene AGM
On 25 July 2025
09 May 2025, 05:04 pm
Grindwell Norton Ltd Stock Analysis
- Annual revenue for Grindwell Norton Ltd increased by 3.57% to ₹2,817.22 crore in FY 2025 from ₹2,719.99 crore in FY 2024.
- Annual Net Profit for Grindwell Norton Ltd decreased by 5.22% to ₹360.83 crore in FY 2025 from ₹380.72 crore in FY 2024.
- Promoter Shareholding in Grindwell Norton Ltd remains unchanged by 0.00% in the most recent quarter, from 58.03% in June 2025 to 58.03% in September 2025.
- Grindwell Norton Ltd delivered a 1-year return of -22.48% compared to the Nifty 50, which provided a return of 10.91% as of the last trading session.
- Grindwell Norton Ltd share price moved down by 2.28% from its previous close of INR ₹1,624.90. The latest Grindwell Norton Ltd share price is INR ₹1,587.80.
- Grindwell Norton Ltd share price today has been at a low of 1,581.50 and a high of 1,621.50. Over the past 52 weeks, the Grindwell Norton Ltd share price has seen a low of 1,356.05 and a high of 2,280.
About Grindwell Norton Ltd
Grindwell Norton Ltd. (GNO) is a leading manufacturer of abrasives, ceramics, and performance plastics. The company operates in industrial manufacturing, providing high-quality and versatile products, which are designed for various industrial applications. GNO’s extensive range includes grinding wheels, super abrasives, and non-woven abrasives. Additionally, the company produces high-performance refractories, silicon carbide, and other advanced materials.
Founded in 1941, Grindwell Norton Ltd. has over years of experience in the industry. The company’s headquarters are located in Mumbai, Maharashtra, India. In 1990, GNO became a part of the Saint-Gobain Group, a global leader in light and sustainable construction. This partnership has enabled GNO to enhance its offerings and expand its reach worldwide. The company's promoters include Saint Gobain Abrasives Inc. with a 26.77% stake.
The registered office of Grindwell Norton Ltd. is in Andheri, Mumbai, and the registrar's office is in Vikhroli, Mumbai. A team of managerial promoters manages the operations of the company. They are
While Grindwell Norton Ltd. is a significant player in the industrial manufacturing sector, it is not currently the number one stock in its sector. However, it holds a strong market position with a substantial share in the Indian and international markets.
Grindwell Norton Ltd. is a leading company in the industrial manufacturing sector. It is known for its wide range of products and strong presence in the market. With years of experience, the company keeps growing and improving its services.
One of the primary reasons for GNO’s importance is its role in the abrasives market. Abrasives are vital for numerous automotive, aerospace, construction, and metalworking industries. GNO’s high-quality abrasives ensure precision and efficiency in these industries. This contributes to the production of high-performance products. The company's grinding wheels and super abrasives are known for their durability, which helps manufacturers achieve excellent results.
GNO’s impact extends to the ceramics sector as well. The company produces high-performance refractories and silicon carbide products used in high-temperature applications. These materials are essential for steel, glass, and cement industries, providing thermal insulation and resistance to wear and corrosion. GNO’s ceramics products improve the efficiency and longevity of industrial processes. This reduces downtime and maintenance costs.
Innovation is a crucial aspect of GNO’s operations. The company invests in research and development to create new materials and enhance its products. This emphasis on innovation keeps GNO at the leading edge of technological advancements. It is particularly significant in the abrasives and ceramics industries. The company’s R&D efforts have resulted in new products that improve performance and sustainability. These innovations meet the changing needs of its customers.
Sustainability is another crucial area where GNO makes a significant impact. The company is committed to reducing its environmental footprint through various initiatives. These include optimizing production processes to minimize waste, using eco-friendly materials, and implementing energy-efficient technologies. GNO’s focus on sustainability aligns with global efforts to promote environmentally responsible manufacturing practices.
Employment generation is a significant contribution of Grindwell Norton Ltd. The company provides jobs to thousands of people across its manufacturing facilities and offices. These employment opportunities range from entry-level to skilled technical roles, offering career growth and development. GNO’s role as an employer supports local economies and contributes to the overall well-being of communities.
GNO’s importance is also evident in its contribution to the supply chain ecosystem. The company sources raw materials from various suppliers, supporting local businesses and industries. This creates a ripple effect, benefiting multiple sectors of the economy. Additionally, GNO’s commitment to quality ensures that suppliers adhere to high standards, promoting better practices across the supply chain.
The company’s financial performance has a significant impact on the market. GNO’s strong financial position and consistent growth have instilled confidence among investors and stakeholders. The company’s ability to generate profits and maintain a healthy balance sheet allows it to invest in new initiatives, expand its operations, and enhance its product offerings. This financial stability is crucial for long-term success and sustainability.
Grindwell Norton Ltd. also plays a crucial role in developing infrastructure in its operating regions. The company’s investments in manufacturing facilities and other infrastructure projects have positively impacted local communities.
GNO’s focus on customer satisfaction is another critical aspect of its operations. The company aims to build long-term customer relationships by providing high-quality products and exceptional service. This involves understanding customers' needs and preferences. The company incorporates their feedback into product development.
Founded in 1941, Grindwell Norton Ltd. has over years of experience in the industry. The company’s headquarters are located in Mumbai, Maharashtra, India. In 1990, GNO became a part of the Saint-Gobain Group, a global leader in light and sustainable construction. This partnership has enabled GNO to enhance its offerings and expand its reach worldwide. The company's promoters include Saint Gobain Abrasives Inc. with a 26.77% stake.
The registered office of Grindwell Norton Ltd. is in Andheri, Mumbai, and the registrar's office is in Vikhroli, Mumbai. A team of managerial promoters manages the operations of the company. They are
- Keki Elavia
- B Santhanam
- Aakil Anand Mahajan
- David Eric Molho
- Jean-Claude Lasserre
While Grindwell Norton Ltd. is a significant player in the industrial manufacturing sector, it is not currently the number one stock in its sector. However, it holds a strong market position with a substantial share in the Indian and international markets.
Grindwell Norton Ltd. is a leading company in the industrial manufacturing sector. It is known for its wide range of products and strong presence in the market. With years of experience, the company keeps growing and improving its services.
Importance of Grindwell Norton Limited
Grindwell Norton Ltd. (GNO) plays a vital role in industrial manufacturing. It specializes in making abrasives, ceramics, and performance plastics. The company is essential because it offers a wide variety of products for different industrial uses. These products are vital for grinding and finishing processes, making GNO an essential part of the manufacturing industry.One of the primary reasons for GNO’s importance is its role in the abrasives market. Abrasives are vital for numerous automotive, aerospace, construction, and metalworking industries. GNO’s high-quality abrasives ensure precision and efficiency in these industries. This contributes to the production of high-performance products. The company's grinding wheels and super abrasives are known for their durability, which helps manufacturers achieve excellent results.
GNO’s impact extends to the ceramics sector as well. The company produces high-performance refractories and silicon carbide products used in high-temperature applications. These materials are essential for steel, glass, and cement industries, providing thermal insulation and resistance to wear and corrosion. GNO’s ceramics products improve the efficiency and longevity of industrial processes. This reduces downtime and maintenance costs.
Innovation is a crucial aspect of GNO’s operations. The company invests in research and development to create new materials and enhance its products. This emphasis on innovation keeps GNO at the leading edge of technological advancements. It is particularly significant in the abrasives and ceramics industries. The company’s R&D efforts have resulted in new products that improve performance and sustainability. These innovations meet the changing needs of its customers.
Sustainability is another crucial area where GNO makes a significant impact. The company is committed to reducing its environmental footprint through various initiatives. These include optimizing production processes to minimize waste, using eco-friendly materials, and implementing energy-efficient technologies. GNO’s focus on sustainability aligns with global efforts to promote environmentally responsible manufacturing practices.
Employment generation is a significant contribution of Grindwell Norton Ltd. The company provides jobs to thousands of people across its manufacturing facilities and offices. These employment opportunities range from entry-level to skilled technical roles, offering career growth and development. GNO’s role as an employer supports local economies and contributes to the overall well-being of communities.
GNO’s importance is also evident in its contribution to the supply chain ecosystem. The company sources raw materials from various suppliers, supporting local businesses and industries. This creates a ripple effect, benefiting multiple sectors of the economy. Additionally, GNO’s commitment to quality ensures that suppliers adhere to high standards, promoting better practices across the supply chain.
The company’s financial performance has a significant impact on the market. GNO’s strong financial position and consistent growth have instilled confidence among investors and stakeholders. The company’s ability to generate profits and maintain a healthy balance sheet allows it to invest in new initiatives, expand its operations, and enhance its product offerings. This financial stability is crucial for long-term success and sustainability.
Grindwell Norton Ltd. also plays a crucial role in developing infrastructure in its operating regions. The company’s investments in manufacturing facilities and other infrastructure projects have positively impacted local communities.
GNO’s focus on customer satisfaction is another critical aspect of its operations. The company aims to build long-term customer relationships by providing high-quality products and exceptional service. This involves understanding customers' needs and preferences. The company incorporates their feedback into product development.
FAQ’s
What is the share price of Grindwell Norton Ltd today?
Grindwell Norton Ltd share price as on 18 Nov 2025 is ₹ 1587.8
What is the Market Cap of Grindwell Norton Ltd?
The market cap of Grindwell Norton Ltd stock is ₹17,990.89 Cr.
What is the PE Ratio of Grindwell Norton Ltd?
The Price to Earnings (P/E) Ratio of Grindwell Norton Ltd is 51.74
What is the PB Ratio of Grindwell Norton Ltd?
The Price to Book (P/B) Ratio of Grindwell Norton Ltd is 8.33
What is the 52 week high of Grindwell Norton Ltd Share Price?
The 52 week high of Grindwell Norton Ltd share price stands at ₹2,280
What is the 52 week low of Grindwell Norton Ltd Share Price?
The 52 week low of Grindwell Norton Ltd share price stands at ₹1,356.05
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