Grindwell Norton Ltd

GRINDWELL
NSE· Capital Goods
2,043.30
+28.70 (+1.42%)
52W Low · ₹1,329.0052W High · ₹2,455.00
Mid Range
Market Cap
₹21681.19L Cr
Volume
32.5K
Prev Close
₹2,011.60
ISIN
INE536A01023

Orion Score

Fundamentals-based quality & risk · not a recommendation

70/100
Quality

Grindwell Norton Ltd scores 70/100 (Quality) on the Orion Score — strong business quality (81), moderate growth (64), strong balance-sheet safety (89) and rich valuation (17). A fundamentals-based quality & risk score, not a buy/sell recommendation.

Quality
81
Growth
64
Safety
89
Value
17

Full Orion analysis

Risk checks

  • Profit converts to cash (CFO 1.0× PAT)
  • Low debt, comfortable interest cover
  • No distress, manipulation or dilution flags

Forensic accounting

Piotroski F 4/9Altman Z Safe(8.28)Beneish M Clean(-2.56)

Piotroski F = fundamental health (0–9, higher is better) · Altman Z = bankruptcy / distress risk · Beneish M = earnings-manipulation check

Technical / Momentum

Price Trend

78/100

Strong

Technical momentum companion — separate from the fundamentals-based Orion Score.

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VestAI Stock Score

VALUATION
Low Debt
D/E 0.02x — lean balance sheet
QUALITY
Average
ROCE 17.4% — decent returns
MOMENTUM
Neutral
RSI 48.9 — consolidating

Price Chart

SMA 20
SMA 50
SMA 200

Key Fundamentals

Q4 FY2026

P/E Ratio
52.08
ROCE
17.45%
ROE (1Y)
17.30%
D/E Ratio
0.02x
OPM
16.49%
TTM EPS
₹37.60
Dividend Yield
97.00%
Qtrly Sales
₹838.77 Cr
Qtrly Profit
₹118.74 Cr

Technical Signals

Quarterly Results

Revenue & Profit in ₹ Crores

Revenue Net Profit
QuarterRevenueNet ProfitOPMEPS
Q4 2026₹838.77₹118.7416.5%₹10.72
Q3 2026₹749.83₹95.1714.9%₹8.60
Q1 2026₹700.06₹94.4514.8%₹8.53
Q4 2025₹705.9₹92.5414.5%₹8.36
Q3 2025₹699.2₹86.8214.3%₹7.84

Annual P&L

Revenue & Profit in ₹ Crores (Yearly)

Revenue Net Profit
YearRevenueNet ProfitEBITDAOPM
FY 2026₹3,060.36₹415.66₹668.6515.3%
FY 2025₹2,798.95₹368.72₹593.9615.0%
FY 2024₹2,668.64₹383.64₹586.9716.9%
FY 2023₹2,525.2₹361.9₹553.8417.9%

Peer Comparison — Capital Goods

Top companies in the same sector by market cap

CompanyMkt CapP/EROCEROED/EOPM
GRINDWELL₹21,681 Cr52.0817.45%17.30%0.02x16.49%
BEL₹2,96,046 Cr48.8029.65%27.56%0.00x27.47%
BHEL₹1,45,306 Cr58.453.65%6.29%0.31x5.48%
APARINDS₹55,798 Cr57.1728.67%19.74%0.18x10.84%
COCHINSHIP₹36,631 Cr51.2910.41%12.52%0.28x18.71%
BEML₹14,269 Cr101.015.20%4.86%0.11x13.88%

Balance Sheet

All values in ₹ Crores

MetricFY 2025FY 2024FY 2023FY 2022
Total Assets₹3,056.79₹2,769.62₹2,409.9₹2,119.32
Equity₹2,255.5₹2,055.27₹1,805.81₹1,568.46
Total Debt₹83.55₹82.6₹51.36₹15.09
Cash₹71.28₹49.1₹39.61₹38.4
Net Debt
Working Capital₹1,166.13₹1,002.97₹881.23₹889.33

Shareholding Pattern

Q1 FY2027

Promoter
58.32%
FII
12.18%
DII
9.96%
Public
19.54%

Quarter-over-Quarter Trend

QuarterPromoterFIIDIIPublic
Q1 FY202758.32% ↑12.18% ↑9.96% ↓19.54% ↑
Q3 FY202658.04%6.39%18.35% ↓17.23% ↑
Q2 FY202658.04%6.38% ↓18.37% ↑17.22% ↑
Q1 FY202658.04%6.81% ↑18.2% ↓16.95% ↑
Q4 FY202558.04%6.75% ↓18.33% ↑16.88% ↓
Q3 FY202558.04%6.97% ↓18.07% ↑16.91% ↓
Q2 FY202558.04%8.25% ↓16.69% ↑17.01% ↓
Q1 FY202558.04%8.63%16.14%17.19%

Corporate Actions

Ex-DateActionDetails
2026-07-10
DIVIDEND
Dividend - Rs 19 Per Share

Funds Holding This Stock

54 mutual fund schemes

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About Grindwell Norton Ltd (GRINDWELL) Stock

Grindwell Norton Ltd is listed on the NSE under the Capital Goods sector, Abrasives & Bearings industry. ISIN: INE536A01023. Track live share price, technical analysis, RSI, MACD, PE ratio, and smart money holdings on VestAI — India's AI-powered stock analysis platform.