Grindwell Norton Limited Logo

Grindwell Norton Limited

GRINDWELL.NS

(3.8)
Stock Price

2.391,55 INR

15.46% ROA

21.32% ROE

68.27x PER

Market Cap.

258.193.504.000,00 INR

3.51% DER

0.62% Yield

14.73% NPM

Grindwell Norton Limited Stock Analysis

Grindwell Norton Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Grindwell Norton Limited Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (21.41%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

The stock's ability to make a lot of money from its assets shows that it is very profitable, making it a good choice for people who want to invest and make a lot of money.

3 DER

The stock has a minimal amount of debt (3%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

4 Revenue Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

5 Net Profit Growth

The net profit of this company has steadily increased over the last five years, showcasing a favorable financial performance and making it an enticing option for investors seeking growth potential.

6 Assets Growth

This company's revenue has experienced steady growth over the last five years, indicating a reliable and prosperous financial trajectory.

7 Dividend

Shareholders can rely on the company's remarkable dividend history, consistently paying dividends for the past five years, demonstrating a steadfast dedication to rewarding investors.

8 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (17.950) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

9 PBV

The stock's high Price-to-Book Value (P/BV) ratio (12.98x) suggests it's overvalued, potentially making it an expensive investment.

10 Graham Number

The Graham number calculation reveals that this company's stock price is potentially inflated, implying that it may not be a desirable investment option.

11 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

Grindwell Norton Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Grindwell Norton Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

Grindwell Norton Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Grindwell Norton Limited Revenue
Year Revenue Growth
2005 3.178.820.000
2006 3.729.230.000 14.76%
2007 4.408.280.000 15.4%
2008 5.016.220.000 12.12%
2009 7.022.189.000 28.57%
2010 7.807.431.000 10.06%
2011 9.063.210.000 13.86%
2012 9.469.870.000 4.29%
2013 9.655.031.000 1.92%
2014 11.353.676.000 14.96%
2015 11.827.072.000 4%
2016 12.633.621.000 6.38%
2017 14.309.753.000 11.71%
2018 15.980.636.000 10.46%
2019 15.795.694.000 -1.17%
2020 16.379.156.000 3.56%
2021 20.127.588.000 18.62%
2022 25.413.400.000 20.8%
2023 26.452.400.000 3.93%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Grindwell Norton Limited Research and Development Expenses
Year Research and Development Expenses Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Grindwell Norton Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2005 1.455.210.000
2006 1.637.770.000 11.15%
2007 1.929.080.000 15.1%
2008 2.177.970.000 11.43%
2009 2.878.329.000 24.33%
2010 3.331.231.000 13.6%
2011 1.223.861.000 -172.19%
2012 193.018.000 -534.07%
2013 223.692.000 13.71%
2014 271.846.000 17.71%
2015 348.062.000 21.9%
2016 416.361.000 16.4%
2017 433.891.000 4.04%
2018 505.599.000 14.18%
2019 486.823.000 -3.86%
2020 527.503.000 7.71%
2021 681.499.000 22.6%
2022 39.632.000 -1619.57%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Grindwell Norton Limited EBITDA
Year EBITDA Growth
2005 615.850.000
2006 793.720.000 22.41%
2007 959.880.000 17.31%
2008 918.020.000 -4.56%
2009 1.450.727.000 36.72%
2010 1.482.034.000 2.11%
2011 1.735.876.000 14.62%
2012 1.635.518.000 -6.14%
2013 1.568.400.000 -4.28%
2014 1.932.014.000 18.82%
2015 1.976.824.000 2.27%
2016 2.144.255.000 7.81%
2017 2.592.125.000 17.28%
2018 2.893.326.000 10.41%
2019 2.833.138.000 -2.12%
2020 3.611.057.000 21.54%
2021 4.367.068.000 17.31%
2022 5.538.400.000 21.15%
2023 6.165.200.000 10.17%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Grindwell Norton Limited Gross Profit
Year Gross Profit Growth
2005 1.959.020.000
2006 2.293.220.000 14.57%
2007 2.981.090.000 23.07%
2008 3.271.200.000 8.87%
2009 4.618.445.000 29.17%
2010 5.216.654.000 11.47%
2011 4.956.331.000 -5.25%
2012 5.123.178.000 3.26%
2013 5.311.006.000 3.54%
2014 6.253.699.000 15.07%
2015 6.639.435.000 5.81%
2016 6.808.940.000 2.49%
2017 7.765.119.000 12.31%
2018 8.493.828.000 8.58%
2019 8.308.800.000 -2.23%
2020 8.841.032.000 6.02%
2021 10.839.678.000 18.44%
2022 13.796.500.000 21.43%
2023 14.493.200.000 4.81%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Grindwell Norton Limited Net Profit
Year Net Profit Growth
2005 354.030.000
2006 460.180.000 23.07%
2007 1.334.000.000 65.5%
2008 542.060.000 -146.1%
2009 860.467.000 37%
2010 836.098.000 -2.91%
2011 1.028.369.000 18.7%
2012 973.149.000 -5.67%
2013 839.237.000 -15.96%
2014 1.032.171.000 18.69%
2015 1.046.074.000 1.33%
2016 1.193.948.000 12.39%
2017 1.497.450.000 20.27%
2018 1.672.448.000 10.46%
2019 1.825.216.000 8.37%
2020 2.391.826.000 23.69%
2021 2.956.454.000 19.1%
2022 3.619.100.000 18.31%
2023 4.075.600.000 11.2%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Grindwell Norton Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2005 1
2006 4 100%
2007 12 66.67%
2008 5 -200%
2009 8 42.86%
2010 7 0%
2011 9 22.22%
2012 9 -12.5%
2013 8 -14.29%
2014 9 22.22%
2015 10 0%
2016 11 10%
2017 14 23.08%
2018 15 13.33%
2019 16 6.25%
2020 22 23.81%
2021 27 19.23%
2022 33 18.75%
2023 37 11.11%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Grindwell Norton Limited Free Cashflow
Year Free Cashflow Growth
2005 184.810.000
2006 31.240.000 -491.58%
2007 -196.470.000 115.9%
2008 -215.850.000 8.98%
2009 619.718.000 134.83%
2010 540.319.000 -14.69%
2011 89.154.000 -506.05%
2012 210.803.000 57.71%
2013 800.796.000 73.68%
2014 677.333.000 -18.23%
2015 962.684.000 29.64%
2016 1.198.285.000 19.66%
2017 951.713.000 -25.91%
2018 173.284.000 -449.22%
2019 2.671.630.000 93.51%
2020 667.907.500 -300%
2021 609.906.000 -9.51%
2022 1.919.600.000 68.23%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Grindwell Norton Limited Operating Cashflow
Year Operating Cashflow Growth
2005 321.340.000
2006 449.230.000 28.47%
2007 271.390.000 -65.53%
2008 438.860.000 38.16%
2009 1.035.696.000 57.63%
2010 830.657.000 -24.68%
2011 1.186.808.000 30.01%
2012 1.042.713.000 -13.82%
2013 1.064.202.000 2.02%
2014 1.055.134.000 -0.86%
2015 1.358.383.000 22.32%
2016 1.610.872.000 15.67%
2017 1.337.076.000 -20.48%
2018 845.441.000 -58.15%
2019 3.175.826.000 73.38%
2020 793.956.500 -300%
2021 1.865.812.000 57.45%
2022 3.557.000.000 47.55%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Grindwell Norton Limited Capital Expenditure
Year Capital Expenditure Growth
2005 136.530.000
2006 417.990.000 67.34%
2007 467.860.000 10.66%
2008 654.710.000 28.54%
2009 415.978.000 -57.39%
2010 290.338.000 -43.27%
2011 1.097.654.000 73.55%
2012 831.910.000 -31.94%
2013 263.406.000 -215.83%
2014 377.801.000 30.28%
2015 395.699.000 4.52%
2016 412.587.000 4.09%
2017 385.363.000 -7.06%
2018 672.157.000 42.67%
2019 504.196.000 -33.31%
2020 126.049.000 -300%
2021 1.255.906.000 89.96%
2022 1.637.400.000 23.3%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Grindwell Norton Limited Equity
Year Equity Growth
2005 1.745.550.000
2006 1.983.070.000 11.98%
2007 2.797.330.000 29.11%
2008 3.079.680.000 9.17%
2009 3.553.875.000 13.34%
2010 4.002.274.000 11.2%
2011 4.611.930.000 13.22%
2012 5.162.412.000 10.66%
2013 5.578.981.000 7.47%
2014 6.158.315.000 9.41%
2015 6.737.752.000 8.6%
2016 8.930.196.000 24.55%
2017 9.905.232.000 9.84%
2018 11.117.736.000 10.91%
2019 12.009.003.000 7.42%
2020 13.769.590.000 12.79%
2021 15.800.224.000 12.85%
2022 18.168.900.000 13.04%
2023 18.557.000.000 2.09%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Grindwell Norton Limited Assets
Year Assets Growth
2005 2.667.470.000
2006 3.169.050.000 15.83%
2007 4.369.150.000 27.47%
2008 4.796.120.000 8.9%
2009 5.608.902.000 14.49%
2010 6.264.399.000 10.46%
2011 7.431.773.000 15.71%
2012 7.836.095.000 5.16%
2013 8.334.552.000 5.98%
2014 9.374.842.000 11.1%
2015 9.949.528.000 5.78%
2016 12.098.977.000 17.77%
2017 13.437.854.000 9.96%
2018 14.492.726.000 7.28%
2019 15.951.199.000 9.14%
2020 18.646.703.000 14.46%
2021 21.134.797.000 11.77%
2022 24.117.900.000 12.37%
2023 25.406.200.000 5.07%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Grindwell Norton Limited Liabilities
Year Liabilities Growth
2005 921.920.000
2006 1.185.980.000 22.27%
2007 1.558.720.000 23.91%
2008 1.663.560.000 6.3%
2009 1.991.271.000 16.46%
2010 2.203.114.000 9.62%
2011 2.761.994.000 20.23%
2012 2.602.492.000 -6.13%
2013 2.679.391.000 2.87%
2014 3.130.587.000 14.41%
2015 3.114.297.000 -0.52%
2016 3.056.411.000 -1.89%
2017 3.408.837.000 10.34%
2018 3.374.990.000 -1%
2019 3.942.196.000 14.39%
2020 4.877.113.000 19.17%
2021 5.334.573.000 8.58%
2022 5.949.000.000 10.33%
2023 6.849.200.000 13.14%

Grindwell Norton Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
234.61
Net Income per Share
34.16
Price to Earning Ratio
68.27x
Price To Sales Ratio
9.94x
POCF Ratio
0
PFCF Ratio
0
Price to Book Ratio
14
EV to Sales
9.92
EV Over EBITDA
44.36
EV to Operating CashFlow
0
EV to FreeCashFlow
0
Earnings Yield
0.01
FreeCashFlow Yield
0
Market Cap
258,19 Bil.
Enterprise Value
257,67 Bil.
Graham Number
357.74
Graham NetNet
39.42

Income Statement Metrics

Net Income per Share
34.16
Income Quality
0
ROE
0.22
Return On Assets
0
Return On Capital Employed
0
Net Income per EBT
0.75
EBT Per Ebit
0.98
Ebit per Revenue
0.2
Effective Tax Rate
0.25

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.55
Operating Profit Margin
0.2
Pretax Profit Margin
0.2
Net Profit Margin
0.15

Dividends

Dividend Yield
0.01
Dividend Yield %
0.62
Payout Ratio
0
Dividend Per Share
14.5

Operating Metrics

Operating Cashflow per Share
0
Free CashFlow per Share
0
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.2
Return on Tangible Assets
0.15
Days Sales Outstanding
44.98
Days Payables Outstanding
108.81
Days of Inventory on Hand
150.06
Receivables Turnover
8.11
Payables Turnover
3.35
Inventory Turnover
2.43
Capex per Share
0

Balance Sheet

Cash per Share
57,80
Book Value per Share
166,52
Tangible Book Value per Share
159.11
Shareholders Equity per Share
166.52
Interest Debt per Share
6.73
Debt to Equity
0.04
Debt to Assets
0.03
Net Debt to EBITDA
-0.09
Current Ratio
2.53
Tangible Asset Value
17,62 Bil.
Net Current Asset Value
8,05 Bil.
Invested Capital
0.04
Working Capital
9,01 Bil.
Intangibles to Total Assets
0.04
Average Receivables
3,01 Bil.
Average Payables
3,24 Bil.
Average Inventory
4731050000
Debt to Market Cap
0

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Grindwell Norton Limited Dividends
Year Dividends Growth
2007 8
2008 4 -75%
2009 4 0%
2010 6 33.33%
2011 6 0%
2012 7 0%
2013 7 0%
2014 7 0%
2015 7 0%
2016 7 0%
2017 4 -50%
2018 5 20%
2019 6 16.67%
2020 8 14.29%
2021 19 63.16%
2022 12 -58.33%
2023 15 14.29%

Grindwell Norton Limited Profile

About Grindwell Norton Limited

Grindwell Norton Limited manufactures and sells abrasives, ceramics, and plastic products in India. The company offers bonded abrasives in the form of wheels and other shapes, such as segments, sticks, etc. for various applications, including lapping, honing, super-finishing, thread grinding, fluting, OD grinding, ID grinding, and surface grinding, as well as for rough applications comprising snagging, cutting-off, burr removal, and weld preparation. It also provides coated abrasives products in various shapes, such as discs, belts, wheels, and sheets and rolls for material removal and surface preparation; non-woven abrasives; super abrasives for precision applications, including diamond and cubic boron nitride; thin wheels used for cutting, deburring, and weld-removal; and cutting-edge abrasive products. In addition, the company offers silicon carbide grains primarily for use as raw material in the manufacture of abrasives and refractories, as well as for stone polishing; and performance ceramics and refractories for use in sanitary-ware, table-ware, ballistic armor protection, wear resistance systems, etc. Further, it produces and markets performance plastics comprising bearings, seals, tubing and hoses, films, fabrics, and foams for use in the automotive, oil and gas, life sciences, construction, energy, and general industrial applications. The company also exports its products. The company was founded in 1941 and is based in Mumbai, India. Grindwell Norton Limited is a subsidiary of Compagnie de Saint-Gobain.

CEO
Mr. B. Santhanam
Employee
2.322
Address
Leela Business Park
Mumbai, 400059

Grindwell Norton Limited Executives & BODs

Grindwell Norton Limited Executives & BODs
# Name Age
1 Mr. Anand Bhushan
Chief Operating Officer of INDEC
70
2 Mr. Krishnaswamy Visweswaran
Compliance Officer & Company Secretary
70
3 Mr. Hari Singudasu
Chief Financial Officer
70
4 Mr. Denis D'Silva
Manager of Accounts
70
5 Mr. B. Santhanam
MD & Executive Director
70
6 Mr. Krishna Kumar Prasad B.Sc. (ENGG.), PGDM (IIM)
Vice President of Ceramics, Plastics & Corporate Services and Whole-Time Director
70
7 Ms. Anwesa Sen
Head of Human Resources
70

Grindwell Norton Limited Competitors

Carborundum Universal Limited Logo
Carborundum Universal Limited

CARBORUNIV.NS

(2.8)
Timken India Limited Logo
Timken India Limited

TIMKEN.NS

(2.5)
Schaeffler India Limited Logo
Schaeffler India Limited

SCHAEFFLER.NS

(3.2)
SKF India Limited Logo
SKF India Limited

SKFINDIA.NS

(3.2)
AIA Engineering Limited Logo
AIA Engineering Limited

AIAENG.NS

(2.5)