Grindwell Norton Limited

$ 2 142.00 1.73 %

Grindwell Norton Limited (GNL) is an Indian manufacturer and supplier of a diverse portfolio of industrial solutions, primarily focused on abrasives, ceramics, and high-performance plastic products. The company also exports its offerings internationally. GNL provides a wide array of abrasive products. Their bonded abrasives, available in forms like wheels, segments, and sticks, are engineered for a broad spectrum of uses, from precision operations such as lapping, honing, super-finishing, and various types of grinding (thread, fluting, OD, ID, surface) to demanding rough applications like snagging, cutting-off, burr removal, and weld preparation. Additionally, they supply coated abrasives—including discs, belts, wheels, sheets, and rolls—designed for effective material removal and surface conditioning. Their lineup also features non-woven abrasives, high-performance super abrasives (such as diamond and cubic boron nitride) for critical precision tasks, thin wheels for cutting, deburring, and weld-removal, and other cutting-edge abrasive solutions. Furthermore, GNL produces silicon carbide grains, which serve as a vital raw material for manufacturing abrasives and refractories, and for polishing stone surfaces. In the ceramics sector, Grindwell Norton offers performance ceramics and refractory materials. These are utilized across various sectors, including sanitaryware, tableware, ballistic armor protection, and wear-resistance systems. The company also develops and markets high-performance plastic products, such as bearings, seals, tubing, hoses, films, fabrics, and foams. These specialized components serve crucial roles in industries such as automotive, oil and gas, life sciences, construction, energy, and general manufacturing. Established in 1941, Grindwell Norton Limited is headquartered in Mumbai, India, and operates as a subsidiary of Compagnie de Saint-Gobain.

CEO: Venugopal Ramnath Shanbhag - https://www.grindwellnorton.co.in

Price objectif

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Recommandation

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DCF

$ 1 303.84

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GRINDWELL.NS vs S&P500

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Quick ratio

2.17

suggests a healthy liquidity position, showing that the company can likely meet its short-term obligations.

P/E ratio

57.17

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

37.47

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

17.78 %

reflects reasonable profitability, showing good use of equity.

ROIC

18.41 %

generates a return higher than the cost of its capital, thereby creating value for its investors.

WACC

6.73

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.02

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

11.18

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

45.33 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
4 indicates moderate financial health
Altman score
17.87 indicates good financial health and low risk of bankruptcy
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Cash / Debt

Cash Ratio
0.65 indicates that the company has a moderate ability to cover its short-term debts with its cash
Debt Ratio
0.02 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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