Grindwell Norton Limited Share Price and Company Fundamentals
Last traded: Today at 9:48 AM
Grindwell Norton Limited provides abrasives, life sciences, performance plastics, and ceramics solutions in India and internationally. The company operates through the Abrasives, Ceramics & Plastics, Digital Services, and Others segments. It offers abrasives, such as bonded and coated abrasives, thin wheels, superabrasives, non-woven abrasives, construction products, automotive aftermarket, adhesives and sealants, and performance grinding solutions; performance polymer solutions, including engineered components, tape solutions, and life sciences. The company also provides ceramic systems, wear resistance technology, specialty ceramics, energy, iron and steel, foundry, and non-ferrous; silicon carbide solutions comprising metallurgy and crucible applications, abrasives and refractories industry, ceramic foam filters, and applications in advanced materials; and technical textiles and glass fiber technical fabrics for construction, infrastructure, and industrial markets. In addition, it offers plant engineering, system integration, customized automation, utilities and environmental engineering, special purpose machine building, contract manufacturing, and electrical and automation solutions. The company was founded in 1941 and is based in Mumbai, India. Grindwell Norton Limited operates as a subsidiary of Compagnie de Saint-Gobain S.A.
Key Metrics
PE ratio
50.76
PB ratio
8.57
Dividend yield
0.94%
Beta
0.52
Market cap
₹217.32B
Enterprise value
₹208.79B
Company profile
| Industry / Sector | Building Products & Equipment / Industrials |
|---|---|
| Full time employees | 2385 |
| 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
0.94%
Dividend amount
₹19.00
Payout ratio
43.10%
5Y Avg. yield
-%
Grindwell Norton Limited paid ₹19.00 dividend and the ex-dividend date was 10 Jul 2026.The dividend payout ratio is 43.10%. 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 Sep 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. Prakash Sabarad | Chief Financial Officer | ||
| Mr. Girish Thanwardas Shajani | Company Secretary, Compliance Officer & Nodal Officer | ||
| Mr. Hari Singudasu | Executive Director | 57 | |
| Mr. Anand Bhushan | Chief Operating Officer of INDEC | 49 | |
| Mr. Amit Koul | Vice President of Abrasives | 50 | |
| Mr. Denis D'Silva | Manager of Accounts | 69 | |
| Ms. Anwesa Sen | Head of Human Resources | 51 | |
| Mr. Nilesh Ved | Head Internal Audit | 52 |
Profitability and management effectiveness
Profit margin
13.76%
Operating margin
16.24%
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 217.32B and its enterprise value is 208.79B. The enterprise value to revenue ratio of GRINDWELL is 6.58. The enterprise value to EBITDA ratio of GRINDWELL is 35.04.
The GRINDWELL's stocks Beta value is 0.52 making it 48% 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 ₹1962.8.
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.