Grindwell Norton Limited
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- Market Cap.:
- ₹232.01 billion
- Book Value:
- Revenue TTM:
- ₹25.41 billion
- Operating Margin TTM:
- Gross Profit TTM:
- ₹8.59 billion
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Grindwell Norton Limited had its IPO on under the ticker symbol GRINDWELL.
The company operates in the Industrials sector and Building Products & Equipment industry. Grindwell Norton Limited has a staff strength of 0 employees.
Shares of Grindwell Norton Limited opened at ₹2077.85 at the start of the last trading session i.e. 2023-05-30.
The stocks traded within a range of ₹2074.25 - ₹2139.8, and closed at ₹2113.2.
This is a +2.39% increase from the previous day's closing price.
A total volume of 56,510 shares were traded at the close of the day’s session.
In the last one week, shares of Grindwell Norton Limited have increased by +1.34%.
Grindwell Norton Limited's Key Ratios
Grindwell Norton Limited has a market cap of ₹232.01 billion, indicating a price to book ratio of 13.2724 and a price to sales ratio of 9.206.
In the last 12-months Grindwell Norton Limited’s revenue was ₹25.41 billion with a gross profit of ₹8.59 billion and an EBITDA of ₹5.00 billion. The EBITDA ratio measures Grindwell Norton Limited's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Grindwell Norton Limited’s operating margin was 17.29% while its return on assets stood at 12.14% with a return of equity of 21.29%.
In Q1, Grindwell Norton Limited’s quarterly earnings growth was a positive 10.7% while revenue growth was a positive 19%.
Grindwell Norton Limited’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at ₹32.61 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Grindwell Norton Limited’s profitability.
Grindwell Norton Limited stock is trading at a EV to sales ratio of 9.009 and a EV to EBITDA ratio of 40.5497. Its price to sales ratio in the trailing 12-months stood at 9.206.
Grindwell Norton Limited stock pays annual dividends of ₹14.5 per share, indicating a yield of 0.7% and a payout ratio of 50.7%.
Balance sheet and cash flow metrics
- Total Assets
- ₹24.12 billion
- Total Liabilities
- ₹5.16 billion
- Operating Cash Flow
- Capital Expenditure
- ₹1.64 billion
- Dividend Payout Ratio
Grindwell Norton Limited ended 2023 with ₹24.12 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹24.12 billion while shareholder equity stood at ₹18.06 billion.
Grindwell Norton Limited ended 2023 with ₹0 in deferred long-term liabilities, ₹5.16 billion in other current liabilities, in common stock, ₹0 in retained earnings and ₹467.90 million in goodwill. Its cash balance stood at ₹396.10 million and cash and short-term investments were ₹0. The company’s total short-term debt was ₹0 while long-term debt stood at ₹39.50 million.
Grindwell Norton Limited’s total current assets stands at ₹13.79 billion while long-term investments were ₹0 and short-term investments were ₹5.44 billion. Its net receivables were ₹2.80 billion compared to accounts payable of ₹2.99 billion and inventory worth ₹4.64 billion.
In 2023, Grindwell Norton Limited's operating cash flow was ₹-2229000000.00 while its capital expenditure stood at ₹1.64 billion.
Comparatively, Grindwell Norton Limited paid ₹0.51 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Grindwell Norton Limited stock is currently trading at ₹2113.2 per share. It touched a 52-week high of ₹2325 and a 52-week low of ₹2325. Analysts tracking the stock have a 12-month average target price of ₹.
Its 50-day moving average was ₹1894.98 and 200-day moving average was ₹1980.68 The short ratio stood at 0 indicating a short percent outstanding of 0%.
Around 5821% of the company’s stock are held by insiders while 1959% are held by institutions.
Frequently Asked Questions About Grindwell Norton Limited
Similar Industry Stocks (Building Products & Equipment)
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.