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Grindwell Norton GRINDWELL.NS · INR

Industrials · NSE · 🇮🇳 India

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1,961.70

+2.22%

Close of 9 Nov 2026, in INR

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in INR, from our data supplier.

FY2026

Revenue

₹30.73bn

FY2017FY2026

Net income

₹4.16bn

FY2017FY2026

Free cash flow

₹4.50bn

FY2017FY2026

Shareholders' equity

₹25.35bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue₹30.73bn₹28.12bn₹26.87bn₹25.41bn₹20.13bn₹16.38bn₹15.80bn₹15.98bn₹14.31bn₹12.65bn
Research and development—₹30.6m₹36.9m₹29.7m₹32.7m₹31.8m———₹30.7m
Operating income₹5.64bn₹5.01bn₹5.16bn₹4.94bn₹8.46bn₹6.95bn₹6.50bn₹6.87bn₹6.10bn₹5.14bn
Net income₹4.16bn₹3.69bn₹3.84bn₹3.62bn₹2.96bn₹2.39bn₹1.83bn₹1.67bn₹1.50bn₹1.19bn
Diluted earnings per share37.5333.3034.6432.6726.6921.6216.5015.1113.5410.77

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets₹34.38bn₹30.57bn₹27.70bn₹24.12bn₹21.13bn₹18.65bn₹15.95bn₹14.49bn₹13.44bn₹12.10bn
Cash and short-term investments₹11.58bn₹8.81bn₹6.58bn₹5.83bn₹6.09bn₹6.51bn₹4.27bn₹2.58bn₹2.75bn₹2.50bn
Total liabilities₹8.88bn₹7.87bn₹7.03bn₹5.95bn₹5.39bn₹4.88bn₹3.94bn₹3.37bn₹3.41bn₹3.06bn
Debt₹607.1m₹835.5m₹826.0m₹513.6m₹150.9m₹121.5m₹424.4m−₹151.0m₹363,000₹77.6m
Shareholders' equity₹25.35bn₹22.55bn₹20.55bn₹18.06bn₹15.68bn₹13.65bn₹11.87bn₹10.98bn₹9.91bn₹8.93bn
Shares outstanding111m111m111m111m111m111m111m111m111m111m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations₹5.68bn₹4.58bn₹3.68bn₹3.56bn₹1.87bn₹3.31bn₹3.18bn₹845.4m₹1.34bn₹1.61bn
Capital spending−₹1.19bn−₹940.6m−₹1.72bn−₹1.64bn−₹1.26bn−₹483.4m−₹504.2m−₹672.2m−₹385.4m−₹412.6m
Free cash flow₹4.50bn₹3.64bn₹1.96bn₹1.92bn₹609.9m₹2.83bn₹2.67bn₹173.3m₹951.7m₹1.20bn
Dividends paid−₹1.88bn−₹1.88bn−₹1.61bn−₹1.33bn−₹1.05bn−₹830.4m−₹664.3m−₹553.6m−₹442.9m−₹442.9m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue₹8.01bn₹8.42bn₹7.53bn₹7.75bn₹7.03bn₹7.10bn₹7.03bn₹6.94bn
Operating income₹1.30bn₹1.38bn₹1.31bn₹1.14bn₹2.99bn₹2.78bn₹2.98bn₹3.04bn
Net income₹1.16bn₹1.19bn₹951.7m₹1.07bn₹944.5m₹925.4m₹868.2m₹961.8m
Diluted earnings per share10.4310.728.609.658.538.367.848.69
Cash from operations———₹2.04bn—₹4.56bn—₹1.95bn
Capital spending———−₹806.0m—−₹940.0m—−₹351.0m
Free cash flow———₹1.24bn—₹3.62bn—₹1.60bn
Total assets—₹34.38bn—₹31.42bn—₹30.57bn—₹28.40bn
Cash and short-term investments₹11.56bn₹11.58bn₹8.38bn₹8.38bn₹8.78bn₹8.81bn₹6.62bn₹6.62bn
Debt—₹193.2m—₹799.4m—₹835.5m—₹801.7m
Shareholders' equity₹25.50bn₹25.35bn₹22.96bn₹22.82bn₹22.70bn₹22.55bn₹20.70bn₹20.57bn

Growth per year

Compound annual rate

3 years5 years10 years
Revenue6.5%13.4%10.3%
Operating income4.5%-4.1%1.4%
Net income4.7%11.7%14.7%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin18.1%18.7%24.5%30.1%
Net margin13.3%13.8%14.0%12.8%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings51.547.055.471.366.688.143.640.041.151.4
Price to sales7.06.27.910.29.812.95.04.24.34.8

Dividends and splits

Per share, in the currency the company pays

Paid for 31 years. Last went ex-dividend on 10 Jul 2026.

FY2027FY2026FY2025FY2024FY2023FY2022FY2021FY2020
Paid in the year19.0017.0017.0014.5012.009.507.506.00
  • 2-for-1 split · 14 Jul 2016
  • 4-for-1 split · 26 May 2006
  • 2-for-1 split · 4 Sept 1996

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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