Grindwell Norton Limited
GRINDWELL · Capital Goods · NSE
₹2,013
Current Market Price
Fair Value (DCF)
₹653
Discount to FV
-67.6%
Updated 2h ago
YieldIQ Score
48/100
Piotroski F-Score
7/9
Economic Moat
Moderate
Confidence
50%
ROE
16.4%
Debt/Equity
0.02
WACC
10.0%
Market Cap
₹22,291 Cr
Quality & Valuation
Neutral model outputs — no recommendations.
ROCE
25.8%
Return on capital employed
EV / EBITDA
22.4×
Enterprise multiple
Debt / EBITDA
0.1×
Leverage vs earnings
Interest Coverage
69.0×
EBIT covers interest
Current Ratio
2.81×
Short-term liquidity
Asset Turnover
1.10×
Revenue per ₹ of assets
Revenue CAGR (3Y)
6.6%
3-year revenue growth
Revenue CAGR (5Y)
13.3%
5-year revenue growth
DCF Scenario Analysis
vs CMP ₹2,013.3
Bear case
Margin of Safety —
Implied upside -418.9%
Base case
Margin of Safety —
Implied upside -208.2%
Bull case
Margin of Safety —
Implied upside -137.8%
Ratio Trends
GRINDWELL · last 9 annual periods
ROE
16.4%
ROCE
25.8%
Operating Margin
—
Debt / Equity
0.02×
PE
36.0×
EV / EBITDA
22.4×
Historical Financials
GRINDWELL · Annual, last 5 years· amounts in ₹Cr unless noted
| Metric | 2022 NSE_XBRL | 2023 NSE_XBRL | 2024 NSE_XBRL | 2025 yfinance | 2026 yfinance | CAGR |
|---|---|---|---|---|---|---|
| Revenue | ₹2002 Cr | ₹2525 Cr | ₹2669 Cr | ₹2799 Cr | ₹3060 Cr | +11.2% |
| EBITDA | ₹453 Cr | ₹554 Cr | ₹587 Cr | ₹594 Cr | ₹669 Cr | +10.2% |
| EBIT | ₹400 Cr | ₹496 Cr | ₹517 Cr | — | — | +6.6% |
| PAT | ₹296 Cr | ₹362 Cr | ₹384 Cr | ₹369 Cr | ₹416 Cr | +8.9% |
| EPS (diluted) | ₹26.70 | ₹32.69 | ₹34.65 | — | — | +6.7% |
| CFO | ₹187 Cr | ₹393 Cr | ₹368 Cr | ₹458 Cr | ₹542 Cr | +30.6% |
| CapEx | ₹-126 Cr | ₹-322 Cr | ₹-172 Cr | ₹-94.1 Cr | ₹-119 Cr | — |
| FCF | ₹61.0 Cr | ₹71.0 Cr | ₹196 Cr | ₹364 Cr | ₹423 Cr | +62.3% |
| Total Assets | ₹2119 Cr | ₹2410 Cr | ₹2770 Cr | ₹3057 Cr | ₹3438 Cr | +12.9% |
| Total Debt | ₹15.1 Cr | ₹51.4 Cr | ₹82.6 Cr | ₹83.5 Cr | ₹60.7 Cr | +41.6% |
| Shareholders' Equity | ₹1568 Cr | ₹1806 Cr | ₹2055 Cr | ₹2255 Cr | ₹2535 Cr | +12.7% |
CAGR computed across the visible window. Signs reverse if start value is zero or negative.
Peer Comparison
GRINDWELL vs 3 closest peers by market-cap band
| Peer | MoS | Score | Verdict | ROE | PE |
|---|---|---|---|---|---|
 KAJARIACER Kajaria Ceramics Limited | -80.5%-44.6% upside | 45 | Above Fair Value | 10.7% | — |
 FINPIPE FINPIPE | — | — | Pending | 9.6% | 15.5× |
 CERA CERA | — | — | Pending | 13.9% | 28.8× |
Click a ticker to view its fair-value analysis.
Dividend History
9 ex-dividend events on file. Source: NSE corporate-actions feed.
Total paid (5Y)
₹70.00/sh
Last payout
2025-07-15
₹17.00
Peak payout
₹17.00
Trailing yield
0.84%
Amounts parsed from NSE subject lines. Percent-of-face-value declarations are converted using the per-ticker face value (defaults to ₹10).
AI Analysis Summary
Model-generated description of metrics. Not investment advice. Grindwell Norton Limited (GRINDWELL.NS) trades at 2013.30 vs a model fair value of 653.29, a gap of -67.6%. Piotroski F-score: 7/9. Moat ...
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Risk profile of GRINDWELL →
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ROE decomposition
Why ROE is what it is →
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Analyse GRINDWELLNow →Model estimates using publicly available data. Not investment advice. YieldIQ is not registered with SEBI as an investment adviser or research analyst. Past performance does not guarantee future results.