Grindwell Norton Limited Share Price and Company Fundamentals
Last traded: Today at 9:59 AM
Grindwell Norton Limited manufactures and sells abrasives, ceramics, and plastic products in India and internationally. It operates through Abrasives, Ceramics & Plastics, Digital Services, and Others segments. The company offers abrasives, including bonded and coated abrasives, non-woven abrasives, thin wheels, construction products, automotive aftermarket, adhesives and sealants, performance grinding products; life science solutions, such as biopharmaceutical systems, medical components, cell therapy solutions, and industrial and consumer solutions; and performance polymer solutions, including engineered components, tape solutions, and ADFORS. It also provides performance ceramics and refractories solutions comprising ceramic systems, wear resistance technology, specialty ceramic for energy, iron and steel, foundry, and non-ferrous industries; silicon carbide crude and grains, including ceramic foam filters for metallurgy, crucible, abrasive, refractory, and advanced materials applications; and design and commissioning solutions. The company serves construction and mobility industries. Grindwell Norton Limited was founded in 1941 and is based in Mumbai, India. Grindwell Norton Limited is a subsidiary of Compagnie de Saint-Gobain S.A.
Key Metrics
PE ratio
44.78
PB ratio
7.63
Dividend yield
1.07%
Beta
0.26
Market cap
₹173.96B
Enterprise value
₹166.43B
Company profile
| Industry / Sector | Building Products & Equipment / Industrials |
|---|---|
| Full time employees | 2429 |
| Website | https://www.grindwellnorton.co.in |
| Mailing address | Leela Business Park 5th Level Andheri-Kurla Road, Marol Andheri (East) Mumbai 400059 India |
| Phone / Fax | 91 22 4021 2121 / 91 22 4021 2102 |
Dividends
Dividend yield
1.07%
Dividend amount
₹17.00
Payout ratio
48.38%
5Y Avg. yield
-%
Grindwell Norton Limited paid ₹17.00 dividend and the ex-dividend date was 15 Jul 2025.The dividend payout ratio is 48.38%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.GRINDWELL dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
Company Executives
As of Mar 2026, following are the company executives and directors listed on Grindwell Norton Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Venugopal Ramnath Shanbhag | MD & Whole-time Executive Director | 55 | |
| Mr. Hari Singudasu | Executive Director | 57 | |
| Mr. Prakash Sabarad | Chief Financial Officer | ||
| Mr. Denis D'Silva | Manager of Accounts | 68 | |
| Mr. Girish Thanwardas Shajani | Company Secretary, Compliance Officer & Nodal Officer | ||
| Ms. Anwesa Sen | Head of Human Resources | 51 | |
| Mr. Anand Bhushan | Chief Operating Officer of INDEC | 49 | |
| Mr. Nilesh Ved | Head Internal Audit | 52 | |
| Mr. Amit Koul | Vice President of Abrasives | 50 |
Profitability and management effectiveness
Profit margin
13.23%
Operating margin
14.87%
Return on assets
-
Return on equity
-
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Grindwell Norton Limited is 173.96B and its enterprise value is 166.43B. The enterprise value to revenue ratio of GRINDWELL is 5.66. The enterprise value to EBITDA ratio of GRINDWELL is 32.07.
The GRINDWELL's stocks Beta value is 0.26 making it 74% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Grindwell Norton Limited (NSE:GRINDWELL) Frequently Asked Questions
1. What is Grindwell Norton Limited's Stock Symbol?
Grindwell Norton Limited trades on NSE under the ticker symbol "GRINDWELL".
2. What is Grindwell Norton Limited's stock price today?
One share of GRINDWELL stock can currently be purchased for approximately ₹1571.2.
3. How can I contact Grindwell Norton Limited?
Grindwell Norton Limited's mailing address is Leela Business Park 5th Level Andheri-Kurla Road, Marol Andheri (East) Mumbai 400059 India. The company can be reached via phone at 91 22 4021 2121.
4. What is Grindwell Norton Limited's official website?
The official website of Grindwell Norton Limited is https://www.grindwellnorton.co.in.