Grindwell Norton Limited
NSE: GRINDWELL · Abrasives & Bearings
Snapshot
Unlock Grindwell Norton Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Grindwell Norton Limited is a prominent manufacturer of abrasives, ceramics, and performance plastics in India. As a subsidiary of Compagnie de Saint-Gobain, the company provides high-precision industrial solutions for sectors including automotive, energy, and life sciences.
Business Model
The company generates revenue through the manufacturing and sale of a diverse portfolio of industrial products, including bonded and coated abrasives, silicon carbide grains, and performance plastics. It leverages its parent company's global technological expertise to serve both domestic and international markets.
- Founded:1941
Growth Outlook
Growth is driven by increasing demand for high-precision abrasive and ceramic products across the automotive, construction, and industrial manufacturing sectors. The company continues to expand its reach through both domestic industrial growth and export opportunities.
Key Risks
- Raw Material Price Volatility. Fluctuations in the cost of raw materials like silicon carbide and energy can significantly impact operating margins.
- Cyclical Industrial Demand. The company's performance is closely linked to the capital expenditure cycles of the automotive and general industrial sectors.
- Foreign Exchange Risk. As an exporter and subsidiary of a global entity, the company is exposed to currency fluctuations affecting international trade.
- Competitive Intensity. The abrasives market faces stiff competition from both domestic players and global manufacturers, potentially pressuring pricing power.
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Key Metrics
REVENUE
₹3,282 Cr
TTM · consolidated
NET PROFIT
₹463 Cr
TTM · consolidated
EPS
₹41.75
TTM · consolidated
RETURN ON EQUITY
19.0%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
24.1%
TTM · consolidated
P/E
47.2×
Q2 FY27 · consolidated
EV/EBITDA
28.4x
Q2 FY27 · consolidated
EBITDA MARGIN
22.3%
TTM · consolidated
NET PROFIT MARGIN
15.1%
Q2 FY27 · consolidated
DEBT TO EQUITY
0.0x
Q2 FY27 · consolidated
Peers · Abrasives & Bearings
| Company | Mkt Cap | P/E (TTM) | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Grindwell Norton LimitedGRINDWELL | ₹20,800 Cr | 47.2× | 28.39 | 13.6% | 22.3% | 19.0% | 24.1% | +16.6% |
Timken India Ltd.TIMKEN | ₹21,452 Cr | 50.0× | 28.98 | — | 19.3% | 14.5% | 18.9% | -4.0% |
Carborundum Universal Ltd.CARBORUNIV | ₹19,628 Cr | 97.6× | 27.86 | 10.1% | 12.8% | 5.1% | 7.4% | +19.9% |
SKF India (Industrial) LimitedSKFINDUS | ₹11,709 Cr | — | — | — | 11.0% | — | — | — |
SKF India Ltd.SKFINDIA | ₹6,895 Cr | 34.4× | 13.96 | -38.6% | 15.4% | 10.7% | 17.8% | -32.1% |
Wendt IndiaWENDT | ₹1,352 Cr | 71.0× | 29.54 | 14.1% | 16.4% | 7.7% | 11.5% | -18.9% |
As of Q2 FY27
Financials
Grindwell Norton Limited
NSE: GRINDWELL · Abrasives & Bearings
Snapshot
Unlock Grindwell Norton Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Grindwell Norton Limited is a prominent manufacturer of abrasives, ceramics, and performance plastics in India. As a subsidiary of Compagnie de Saint-Gobain, the company provides high-precision industrial solutions for sectors including automotive, energy, and life sciences.
Business Model
The company generates revenue through the manufacturing and sale of a diverse portfolio of industrial products, including bonded and coated abrasives, silicon carbide grains, and performance plastics. It leverages its parent company's global technological expertise to serve both domestic and international markets.
- Founded:1941
Growth Outlook
Growth is driven by increasing demand for high-precision abrasive and ceramic products across the automotive, construction, and industrial manufacturing sectors. The company continues to expand its reach through both domestic industrial growth and export opportunities.
Key Risks
- Raw Material Price Volatility. Fluctuations in the cost of raw materials like silicon carbide and energy can significantly impact operating margins.
- Cyclical Industrial Demand. The company's performance is closely linked to the capital expenditure cycles of the automotive and general industrial sectors.
- Foreign Exchange Risk. As an exporter and subsidiary of a global entity, the company is exposed to currency fluctuations affecting international trade.
- Competitive Intensity. The abrasives market faces stiff competition from both domestic players and global manufacturers, potentially pressuring pricing power.
Start your research today
Unlock AI insights, financials, peers and live data on Grindwell Norton Limited and 5,000+ companies — free.
Key Metrics
REVENUE
₹3,282 Cr
TTM · consolidated
NET PROFIT
₹463 Cr
TTM · consolidated
EPS
₹41.75
TTM · consolidated
RETURN ON EQUITY
19.0%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
24.1%
TTM · consolidated
P/E
47.2x
Q2 FY27 · consolidated
EV/EBITDA
28.4x
Q2 FY27 · consolidated
EBITDA MARGIN
22.3%
TTM · consolidated
NET PROFIT MARGIN
15.1%
Q2 FY27 · consolidated
DEBT TO EQUITY
0.0x
Q2 FY27 · consolidated
Peers · Abrasives & Bearings
As of Q2 FY27