Flash Finance

Grindwell Norton LimitedGRINDWELLCorporate

Industrials Building Products & Equipment Latest results: Jun 2026 15 quarters of data
Consolidated Standalone
₹1,879.90
MCap ₹20,814 Cr · P/E 47.6
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AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹803 Cr
Sales · Jun 2026
+14.2% YoY
₹157 Cr
Operating Profit · Jun 2026
+20.8% YoY
19.6%
OPM % · Jun 2026
+5.9% YoY
₹115 Cr
Net Profit · Jun 2026
+22.3% YoY
₹10.43
EPS · Jun 2026
+22.3% YoY

📝 Grindwell Norton Limited — results explained

Quarter ended June 2026 (Q1 FY27)

Grindwell Norton Limited reported revenue of ₹803 crore for the quarter ended June 2026 (Q1 FY27), up 14.2% from ₹703 crore in the same quarter last year, and down 4.6% sequentially over the March 2026 quarter.

Net profit rose 22.3% year-on-year to ₹115 crore, from ₹94 crore. Earnings per share (EPS) came in at ₹10.43.

Operating profit stood at ₹157 crore — an operating margin (OPM) of 19.6%, compared with 18.5% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Grindwell Norton Limited posted revenue of ₹3,073 crore, a growth of 9.3% over FY25, with a net profit of ₹416 crore (up 12.1% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹3,173 crore with a net profit of ₹437 crore.

Valuation snapshot

At the current price of ₹1,879.90, GRINDWELL has a market capitalisation of ₹20,814 crore and a trailing P/E of about 47.6.

Within the Building Products & Equipment industry, it is the 5th-largest of the 7 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 58.03%, foreign institutional investors (FIIs) 5.34%, domestic institutional investors (DIIs) 19.67%, public shareholders 16.96% of Grindwell Norton Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹20,814 Cr
Current Price ?
₹1,879.9
P/E ?
47.63below ind
Industry P/E ?
47.80
P/B ?
8.21
P/S ?
6.56
P/FCF ?
49.09
Enterprise Value ?
₹20,875 Cr
EV/EBITDA ?
34.73
PEG ?
7.94
Earnings Yield ?
2.4%
Dividend Yield ?
1.00%
Profitability & Returns
Sales (TTM) ?
₹3,173 Cr
OPM ?
18.9%
Profit after tax (TTM) ?
₹437 Cr
EPS (TTM) ?
₹39.47
ROCE ?
23.0%
ROE ?
17.2%
ROA ?
12.7%
Growth
Sales — latest qtr ?
₹803 Cr
PAT — latest qtr ?
₹115 Cr
YoY qtr sales growth ?
14.2%
YoY qtr profit growth ?
22.3%
Sales growth (3y) ?
7%
Sales growth (5y) ?
13%
Profit growth (3y) ?
6%
Profit growth (5y) ?
13%
Financial Health
Debt ?
₹61 Cr
Debt to Equity ?
0.02
Interest Coverage ?
55.4
Current Ratio ?
N/A
Ownership
Promoter holding ?
58.03%
Change in promoter holding ?
-0.01%
Pledged percentage ?
N/A
Market
Return 3 months ?
-9.9%
Return 6 months ?
19.3%

🗓️ Quarterly results (15 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 YoY % QoQ %
Sales 604665668667660691706694703710703775753842803 +14.2% -4.6%
Operating Profit 119129135131128125116129123127130141139164157 +20.8% -4.3%
Other Income 72110231417112318131531172125 +67.1% +19.0%
Interest 422222222222221 -53.8% -50.0%
Depreciation 161517171820212323252626272627 +3.8% +3.8%
Profit Before Tax 108133130135122120125128116123126143128158154 +22.3% -2.5%
Net Profit 8098971029293939788939410796119115 +22.3% -3.4%
EPS 7.248.968.769.208.328.368.418.697.848.368.539.658.6010.7210.43 +22.3% -2.7%
OPM % 19.7% 19.4% 20.2% 19.7% 19.4% 18.1% 16.5% 18.6% 17.5% 17.9% 18.5% 18.2% 18.5% 19.5% 19.6% +5.9% +0.5%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹2,812 Cr ₹3,073 Cr ₹3,173 Cr +9.3%
Operating Profit ₹495 Cr ₹574 Cr ₹601 Cr +15.9%
OPM % 17.62% 18.68% 18.94% +6.0%
NPM % 13.20% 13.54% 13.77% +2.6%
Other Income ₹65 Cr ₹84 Cr ₹94 Cr +29.4%
Depreciation ₹92 Cr ₹105 Cr ₹106 Cr +14.1%
Interest ₹9 Cr ₹8 Cr ₹7 Cr -9.5%
EBIT ₹403 Cr ₹469 Cr ₹495 Cr +16.2%
PBT ₹492 Cr ₹556 Cr ₹584 Cr +12.9%
Tax — — — —
Net Profit ₹371 Cr ₹416 Cr ₹437 Cr +12.1%
EPS ₹33.30 ₹37.50 ₹39.40 +12.6%
Material Cost — — — —
Employee Cost — — — —
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 55555555 +0.0%
Reserves 1,7502,0002,2002,479 +12.7%
Borrowings 51838461 -27.4%
Other Liabilities 549628716842 +17.6%
Total Liabilities 2,4062,7663,0553,438 +12.5%
Fixed Assets 586756886887 +0.1%
CWIP 1241282651 +96.2%
Investments 642689892999 +12.0%
Other Assets 1,0541,1931,2511,500 +19.9%
Total Assets 2,4062,7663,0553,438 +12.5%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 393368458542 +18.3%
Cash from Investing Activity -251-184-215-315 -46.5%
Cash from Financing Activity -140-175-221-215 +2.7%
Net Cash Flow 192212 -45.5%
Free Cash Flow 72199366424 +15.8%
CFO/OP 103%97%111%119% +7.2%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 40494747 +0.0%
Inventory Days 146148140123 -12.1%
Days Payable 88110122132 +8.2%
Cash Conversion Cycle 98866639 -40.9%
Working Capital Days 444737103 +178.4%
ROCE % 28%25%21%23% +9.5%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026 % Chg
Promoters 58.04%58.04%58.04%58.04%58.03% -0.0%
FIIs 6.81%6.38%6.39%5.56%5.34% -4.0%
DIIs 18.20%18.37%18.35%19.18%19.67% +2.6%
Public 16.95%17.22%17.23%17.23%16.96% -1.6%
No. of Shareholders 47,11048,55749,01046,99444,141 -6.1%

⚖️ Peer comparison

Industry: Building Products & Equipment · 7 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 CPPLUS ADITYA INFOTECH ₹3,832.00 45,333 94.4 4,884 477 14.5% 9.8% — — 89.5% 332.5%
2 SUPREMEIND Supreme Industries ₹3,364.40 42,755 41.4 11,326 1,033 14.4% 9.1% 7.4% -0.7% 4.2% 39.0%
3 ASTRAL Astral ₹1,411.40 37,917 65.9 6,785 576 16.3% 8.5% 12.6% 2.8% 15.9% 52.2%
4 BLUESTARCO Blue Star ₹1,558.00 32,031 62.9 12,797 510 7.1% 4.0% 3.6% -10.6% 13.3% -15.3%
5 GRINDWELL Grindwell Norton ₹1,872.80 20,736 47.5 3,173 437 18.9% 13.8% 9.3% 12.1% 14.2% 22.3%
6 KAJARIACER Kajaria Ceramics ₹1,228.80 19,310 35.8 5,055 548 18.6% 10.8% 3.2% 65.2% 20.4% 55.0%
7 FINPIPE Finolex Industries ₹153.70 9,503 15.9 4,114 599 16.5% 14.6% -0.7% -24.2% 12.1% 73.7%
❓ Frequently asked questions
What was Grindwell Norton Limited's revenue in Q1 FY27?
Grindwell Norton Limited reported revenue of ₹803 crore for the quarter ended June 2026 (Q1 FY27), up 14.2% from ₹703 crore in the same quarter last year, and down 4.6% sequentially over the March 2026 quarter.
What was Grindwell Norton Limited's net profit in Q1 FY27?
Net profit rose 22.3% year-on-year to ₹115 crore, from ₹94 crore. Earnings per share (EPS) came in at ₹10.43.
What is GRINDWELL's market capitalisation and P/E ratio?
At the current price of ₹1,879.90, GRINDWELL has a market capitalisation of ₹20,814 crore and a trailing P/E of about 47.6.
Who owns Grindwell Norton Limited? (shareholding pattern)
As of Sep 2026, promoters held 58.03%, foreign institutional investors (FIIs) 5.34%, domestic institutional investors (DIIs) 19.67%, public shareholders 16.96% of Grindwell Norton Limited.
TTM ends 2026-06-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI