Grindwell Norton Limited

Capital Goods · Industrial Products

NSE: GRINDWELL BSE: 506076
₹1994.10
▲ 77.40 (4.04%)
Sept. 30, 2026 · NSE · nse_bhavcopy
Quality
78/100
Strong
Valuation
12/100
Expensive
Momentum
68/100
Neutral

QVM read Quality business Quality Strong, Valuation Expensive, Momentum Neutral

Tradinity's own scoring, not a copy of any third party's -- see the Key Metrics section for the real ratios behind each number.

Key Metrics

Market Capitalization
₹22,079 Cr
PE (TTM)
50.9
Industry median 24.4 (265 companies)
Price to Book
8.7
PEG (TTM)
2.6
Institutions holding %
24.80%
FII + DII, latest filed period
Piotroski Score
5
Relative return vs Nifty50, qtr %
-4.4
Relative return vs Sector, qtr %
-0.2
Free Cash Flow
₹423 Cr
as of March 31, 2026
Industry median ₹-0 Cr (379 companies)
EPS Growth (YoY)
22.27%
as of June 30, 2026
Industry median 18.18% (314 companies)
Net Profit Growth (TTM)
20.20%
as of June 30, 2026
Industry median 12.01% (310 companies)
Operating Revenue Growth (TTM)
14.07%
as of June 30, 2026
Industry median 8.28% (307 companies)
Profit Growth (YoY)
30.39%
as of March 31, 2026
Industry median 15.23% (307 companies)
Revenue Growth (YoY)
14.41%
as of June 30, 2026
Industry median 16.28% (288 companies)
Current Ratio
2.81
as of March 31, 2026
Industry median 2.00 (375 companies)
Debt to Equity
0.02
as of March 31, 2026
Industry median 0.15 (334 companies)
Interest Coverage
82.62
as of June 30, 2026
Industry median 6.34 (319 companies)
Net Margin
14.55%
as of June 30, 2026
Industry median 5.55% (300 companies)
Operating Margin (EBIT)
19.61%
as of June 30, 2026
Industry median 9.14% (306 companies)
Operating Margin (TTM)
18.72%
as of June 30, 2026
Industry median 8.26% (317 companies)
Return on Assets
11.70%
as of March 31, 2026
Industry median 4.65% (315 companies)
Return on Capital Employed
20.23%
as of March 31, 2026
Industry median 11.69% (315 companies)
Return on Equity
15.77%
as of March 31, 2026
Industry median 8.58% (315 companies)

Investment checklist

Tradinity's own yes/no questions with the rule stated beside each. “Items without enough data are left out, never counted as a No, and the totals count only answered questions. A summary of numbers on this page, not advice.

Financials

6 of 7 met
  • Yes Revenue is higher than a year earlier in each of the last 4 quarters
  • Yes Quality score is Strong (70 or more)
  • No Piotroski F-score is 7 or more (score 5)
  • Yes Debt to equity is below 0.5 (0.02)
  • Yes Return on equity is 15% or more (15.8%)
  • Yes Net cash flow for the latest year is positive
  • Yes Cash from operations is higher than the year before

Ownership

3 of 3 met
  • Yes FII/FPI or DII holding rose in the latest quarter
  • Yes Promoter holding rose or was unchanged in the latest quarter
  • Yes Promoter pledge is 5% of their holding or less and not rising (0.0% pledged)

Peer comparison

2 of 3 met
  • Yes 1-year return beats the industry median
  • No Revenue growth beats the industry median
  • Yes Profit growth beats the industry median

Value and momentum

2 of 6 met
  • Yes Price sits in the Buy zone of its own historical PE range (Buy Zone)
  • No Valuation score is Undervalued (70 or more)
  • No Momentum score is Bullish (70 or more)
  • Yes Price is above the 5, 10 and 20 day averages
  • No Price is above the 50, 100 and 200 day averages
  • No Latest candle has a bullish shape (hammer, dragonfly doji, white marubozu)

Price

Download CSV

PE/EPS use each quarter's real filed EPS only from 45 days after quarter-end (no look-ahead) against the raw close of the day. Price-to-book isn't a mode here: the feed has no dated share count, so there's no real history to chart.

RSI (14) (same adjusted close series as the price chart above)

MACD (12, 26, 9) (same adjusted close series as the price chart above)

Relative Returns (vs NIFTY 50)

Prices adjusted for splits and bonuses. * = a corporate action affecting this date could not be parsed and is not reflected.

Price range

Day return
4.0%
Low 1916.0000 · High 2016.0000
1W return
0.8%
Low 1901.2000 · High 2038.0000
1M return
-1.4%
Low 1813.6000 · High 2038.0000
52W return
22.1%
Low 1329.0000 · High 2455.0000
Lifetime High ₹2950.9500 (July 4, 2024)
Lifetime Low ₹71.9500 (March 6, 2009)

Full price history and technicals →

EMA & SMA

Bullish6
Bearish0
5D
1955.4
10D
1946.0
20D
1951.9
50D
1981.2
100D
1945.7
200D
1785.8

Delivery and volume

Day avg. delivery
90.8%
Week avg. delivery
75.8%
Month avg. delivery
67.1%

Week = 5 sessions, Month = 22 sessions ending the latest trading day — the same combined NSE+BSE delivery data as the table below, just summed.

Resistance and support

1975.37
Pivot
First resistance2034.73
Second resistance2075.37
Third resistance2134.73
First support1934.73
Second support1875.37
Third support1834.73
Day RSI53.9
Day MFI79.9
Day MACD-16.01
Day MACD signal-27.98

Beta

1M1.67
3M0.35
1Y0.69
3Y0.68

Price change analysis

↓ -1.4%
Over 1 Month
LowHigh
1813.602038.00
↓ -7.4%
Over 3 Months
LowHigh
1813.602455.00
↑ 41.9%
Over 6 Months
LowHigh
1355.502455.00
↑ 22.1%
Over 1 Year
LowHigh
1329.002455.00
Legend Positive indicator Neutral indicator Negative indicator

Buy/Sell Zone

View Buy/Sell Zone →
Current PE 50.9 (own history: 36.3–80.6)
Buy Zone
Revenue (June 30, 2026)
₹794 Cr
Net profit (June 30, 2026)
₹116 Cr
Basic EPS (June 30, 2026)
₹10.4300

Ranks #16 of 335 in Industrial Products by market cap -- full peer table on the Financials page.

Shareholding pattern / Ownership

Shareholding summary

Jun 2026
  • Promoter58.03%
  • Mutual funds18.47%
  • FII/FPI5.21%
  • Other DII1.12%
  • Public17.17%

Largest holders

NameCategoryShares %Shares
Saint Gobain Abrasives IncPromoter26.7700%29635520
Spafi-Societe De Participations Financieres Et IndustriellesPromoter24.5600%27192480
Sbi Midcap FundPublic9.3100%10308439
Uti-Flexi Cap FundPublic2.5100%2780104
Vera Anand MahajanPromoter1.7100%1889115

As of June 30, 2026. Only holders the filing discloses individually.

Historical promoter holding

Promoters holdings were unchanged at 58.03% in Jun 2026 qtr

Historical fii holding

FII/FPI holdings decreased from 5.56% to 5.21% in Jun 2026 qtr

Historical mutual fund holding

Mutual funds holdings increased from 17.74% to 18.47% in Jun 2026 qtr

37 mutual fund schemes also hold this stock.

All shareholding details →

Insider trading, SAST & pledges

All 63 insider trades, 4 SAST, 0 pledge events →

Latest insider trades

FiledPersonCategoryTypeQuantityValue
10 Aug 2023 Danesh M. Narang Promoter Buy 0 ₹0
10 Aug 2023 Mikhil M. Narang Promoter Sell 0 ₹0
8 Mar 2022 Rajani Seshadri Immediate relative Buy 0 ₹0
12 Aug 2021 K. M. NARANG Promoter Sell 0 ₹0
11 Aug 2021 KHURSHEED M NARANGK Promoter Sell 0 ₹0
25 Feb 2021 Rajani Seshadri Immediate relative Buy 0 ₹0
9 Dec 2020 Rajani Seshadri Immediate relative Buy 0 ₹0
8 Dec 2020 Rajani Seshadri Immediate relative Buy 0 ₹0
4 Dec 2020 Rajani Seshadri Immediate relative Buy 0 ₹0
3 Dec 2020 Rajani Seshadri Immediate relative Buy 0 ₹0

All insider and SAST disclosures →

DateClientDealActionQuantityPriceExchange
25 Oct 2022 ISHARES INDIA SC MAURITIUS COMPANY Block Sell 17,742 2045.9000 BSE
25 Oct 2022 ISHARES MSCI INDIA SMALL-CAP ETF Block Buy 17,742 2045.9000 BSE
25 Oct 2022 ISHARES CORE EMERGING MARKETS MAURITIUS CO Block Sell 119,090 2045.9000 BSE
25 Oct 2022 ISHARES CORE MSCI EMERGING MARKETS ETF Block Buy 119,090 2045.9000 BSE
17 Oct 2022 ISHARES MSCI INDIA SMALL-CAP ETF Block Buy 17,723 2049.0000 BSE
17 Oct 2022 ISHARES INDIA SC MAURITIUS COMPANY Block Sell 17,723 2049.0000 BSE
17 Oct 2022 ISHARES CORE MSCI EMERGING MARKETS ETF Block Buy 118,973 2049.0000 BSE
17 Oct 2022 ISHARES CORE EMERGING MARKETS MAURITIUS CO Block Sell 118,973 2049.0000 BSE
11 Oct 2022 ISHARES MSCI INDIA SMALL-CAP ETF Block Buy 8,664 2019.3500 BSE
11 Oct 2022 ISHARES INDIA SC MAURITIUS COMPANY Block Sell 8,664 2019.3500 BSE

All bulk and block deals →

Last 12 months ₹19.00 per share
Dividend yield 0.95%
Ex-dateSubjectPer share (₹)Record date
10 Jul 2026 Dividend - Rs 19 Per Share 19.0000 10 Jul 2026
15 Jul 2025 Dividend - Rs 17 Per Share 17.0000 15 Jul 2025
9 Jul 2024 Annual General Meeting/Dividend - Rs 17 Per Share 17.0000 —
4 Aug 2023 Annual General Meeting/Dividend - Rs 14.50 Per Share 14.5000 —
19 Jul 2022 Annual General Meeting/Dividend - Rs 12 Per Share 12.0000 —
19 Jul 2021 Annual General Meeting/Dividend - Rs 9.50 Per Share 9.5000 —
16 Jul 2020 Annual General Meetingdividend - Rs 7.50 Per Share 7.5000 —
17 Jul 2019 Annual General Meeting/Dividend - Rs 6 Per Share 6.0000 —
18 Jul 2018 Annual General Meeting/Dividend- Rs 5 Per Share 5.0000 —
17 Jul 2017 Annual General Meeting/Dividend - Rs 4/- Per Share 4.0000 —

Corporate Actions

Full history (22 events) →

Bonuses, splits, buybacks and other events. Dividends are listed separately above.

Ex-dateTypeSubject
14 Jul 2016BONUS Bonus 1:1
20 Mar 2009AGMAgm/Div-Rs.4/- Per Share
19 Mar 2008AGMAgm/Div-Rs4 Per Share
19 Dec 2007OTHERSpl Int Div - Rs.4 Per Sh
22 Mar 2007AGMAgm/Int Div-Rs3.50 Per Sh

All corporate actions →

Quarterly results, AGMs, buybacks and other board-approved business.

DatePurposeResults
24 Jul 2026 Financial Results Yes
8 May 2026 Financial Results/Dividend Yes
6 Feb 2026 Financial Results Yes
30 Oct 2025 Financial Results Yes
25 Jul 2025 Financial Results Yes

Corporate Announcements

All 711 announcements, with search →

Exchange disclosures (NSE and BSE), most recent first.

DateCategoryAnnouncement
28 Sep 2026 Company Update Grindwell Norton Ltd-$ - 506076 - Announcement under Regulation 30 (LODR)-Newspaper Publication
28 Sep 2026 Copy of Newspaper Publication Please find attached the Newspaper Advertisements regarding Special Window for transfer requests and dematerialisation of physical shares
25 Sep 2026 Trading Window Grindwell Norton Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
25 Sep 2026 Insider Trading / SAST Grindwell Norton Ltd-$ - 506076 - Closure of Trading Window
3 Sep 2026 General Updates Please find attached the ESG Rating from NSE Sustainability Ratings & Analytics Limited
27 Aug 2026 Analysts/Institutional Investor Meet/Con. Call Updates Grindwell Norton Limited has informed the Exchange about Schedule of meet
27 Aug 2026 Analysts/Institutional Investor Meet/Con. Call Updates Grindwell Norton Limited has informed the Exchange about Schedule of meet
14 Aug 2026 Analysts/Institutional Investor Meet/Con. Call Updates Grindwell Norton Limited has informed the Exchange about Schedule of meet
6 Aug 2026 Analysts/Institutional Investor Meet/Con. Call Updates Grindwell Norton Limited has informed the Exchange about Schedule of meet
5 Aug 2026 Copy of Newspaper Publication Please find attached newspaper advertisements regarding Special Window for transfer requests and dematerialisation of physical shares

All announcements →

SWOT

Tradinity's own rule-based read of the real ratios elsewhere on this page -- not a copy of any third party's, and never a forward-looking prediction.

Strengths

  • Low financial leverage (Debt/Equity 0.02)
  • Comfortable interest coverage (82.6x)
  • Healthy liquidity (Current Ratio 2.81)

Weaknesses

Data unavailable.

Opportunities

Data unavailable.

Threats

  • PE above 35 (50.9) -- priced for continued strong execution

Data unavailable (no single-stock futures or options activity on record for this company).

Frequently asked questions about Grindwell Norton Limited

Where is the share price?

The price at the top of this page is the last traded price from exchange data; during market hours it refreshes on its own. The Chart & Technicals section has the full price history.

Where are the financial results?

The Financials page has quarterly and annual results, ratios, cash flow and the balance sheet, on a standalone or consolidated basis.

Who owns the company?

The Ownership section shows the latest shareholding pattern from exchange filings, with promoter, FII, DII and public holdings by quarter.

Does Tradinity give buy or sell advice?

No. The scores and checklist on this page are rule-based summaries of published figures, not recommendations. Tradinity is not a registered investment adviser.