Grindwell Norton Share Price

    1605.8
    +10.60 (0.66%)
    GRINDWELL • 02 Sep, 2025 | 03:29 PM
    Buy
    with MTF at2.86xleverage

    1Y Annualised Return

    -36.73%

    3Y Annualised Return

    -10.53%

    5Y Annualised Return

    25.39%

    10Y Annualised Return

    15.43%

    The current prices are delayed, login or Open Demat Account for live prices.

    Grindwell Norton Stock Performance

    1W Return2.88
    1Y Return-34.16
    Today's Low1583.1
    Prev. Close1,595.20
    Mkt Cap (Cr.)17,779.42
    1M Return5.14
    3Y Return-26.99
    52-Week High2632
    Open1,595.00
    PE Ratio48.85
    6M Return11.68
    Today's High1620.3
    52-Week Low1356.05
    Face Value5

    Grindwell Norton Company background

    Founded in: 1950
    Managing director: Venugopal Shanbhag
    Grindwell Norton Limited (GNL) is one of the subsidiary of Compagnie de SaintGobain (SaintGobain), a transnational group with its headquarters in Paris and with sales of EUR 46.60 billion in 2025. SaintGobain has reorganized its businesses into two broad areas: Construction or Building related businesses focused on serving regional markets and HighPerformance Solutions (HPS) catering to the global market. GNOs businesses are part of the HPS Sector. Within GNO, the businesses are divided into 2 major segments: Abrasives Ceramics Plastics. The main businesses in GNL segment are Silicon Carbide, High Performance Refractories and Performance Plastics. The Abrasives business has four manufacturing sites: Mora (near Mumbai), Bengaluru, Nagpur and Baddi (Himachal Pradesh). All the sites are certified under ISO 9001, ISO 14001 and OHSAS 18001. SaintGobain is a major player worldwide in Abrasives. Besides, to augment its manufacturing capacity, GNO also has contract manufacturing and extensive sourcing arrangements both at domestic and international level.Silicon Carbide (SiC) is manufactured at GNLs plant located at Tirupati in Andhra Pradesh. SiC is also manufactured by the companys subsidiary, SaintGobain Ceramic Materials Bhutan Private Limited, at its plant near Phuentsholing in Bhutan. Both the plants are certified under ISO 9001, ISO 14001 and OHSAS 18001.High Performance Refractories (HPR) has two plants: one is located at Bengaluru and other at Halol, near Vadodara, in Gujarat. Both the plants are certified under ISO 9001, ISO 14001 and OHSAS 18001.The Performance Plastics business produces and markets more than 800 standard and custommade polymer products through three business segments: Engineered Components (ENC), Fluid Systems (FLS) and Composites (CMP). GNL has a plant for ENC and FLS products situated at Bengaluru. This plant is certified under ISO 9001, ISO 14001, OHSAS 18001 and TS 1694.Originally registered as a private limited company in the early forties, GNL was later converted into a public limited company in 1950. Grindwell Norton is the pioneer in the manufacture of industrial abrasives, by setting up the first grindingwheel factory. The company has commissioned its first silicon carbide plant in 1972 and the second one in 1979. In the early 1970s, it started manufacturing coated discs (sander discs). The zircona aluminium oxide discs are sold under the Zircon brand. In 1983, a jumbo coatedabrasive plant was commissioned. To indigenise production, a unit for centralised lubricating systems was set up in 198990 with technical assistance from Lincoln, Germany. The company commissioned a small super abrasive resin bond wheel plant at Bangalore in Jan.95. For its forays into industrial and engineered ceramics, it has technical collaborations with the SaintGobain group, France and SEPR. The fused cast refractory was set up in Mar.95. A new plant for manufacturing nonwoven abrasives was inaugurated in Mar.96 at Bangalore. The expansion of the high performance refractories plant was also completed 199899.The installed capacity of Abrasive Grains refractories have been reduced due to the restructuring of Ceramics Business and discontinuation of manufacturing operations of Fused Cast Refractories. The company has sold its Fused Cast Refractories business to M/s SEPR Refractories India Ltd for a consideration of Rs.68.83 Million during the year 2002.The year 2003 was pretty good for the company in respect of refractories business. The volumes and profit were above the projections. This business was certified under ISO 9001:2000, during the year 2003. During the financial year ended 31 March 2014, Grindwell Nortons Abrasives business took the lead in increasing prices, but, in a very competitive market, where suppliers seemed more concerned with maintaining volumes than margins, the improvement in price realization fell significantly short of what was required to offset the cost increases. Under the circumstances, the companys management did well to limit the drop in volumes and margins. During the year, the new Nonwoven plant in Bangalore was fully commissioned and the Bonded Abrasives expansion project at Nagpur, which was slowed down last year, was also completed and commissioned.The companys new High Performance Refractories plant in Halol (Gujarat) stabilized during the year.Production in the grain plant of Grindwell Nortons subsidiary in Bhutan, which was commissioned in 2013, stabilized and the subsidiary started selling Silicon Carbide grains directly to its customers.During the year under review, Grindwell Norton invested Rs.4.31 crore in the equity capital of SaintGobain Research India Limited (SGRI).The Scheme of Amalgamation involving the merger of SEPR Refractories India Ltd., SaintGobain Crystals Detectors India Ltd. and SaintGobain Sekurit India Ltd. which was approved by the Board of Directors on 19 April 2013, was approved by the shareholders in the Court Convened Meeting held on 27 November 2013, with the requisite majority. However as per SEBI Circular dated 4 February 2013, read with Circular dated 21 May 2013, the requisite majority of public shareholders (other than Promoter and Promoter group) did not approve the Scheme. Consequently, the Scheme of Amalgamation was not acted uponDuring the financial year ended 31 March 2015, Grindwell Nortons Abrasives business focused on new products and new markets to reverse the drop in volumes in the past two years. The workers union of Grindwell Nortons Bengaluru plant went on strike for a period of 20 days in November 2015 due to an impasse in the wage negotiations. The management had taken all steps to meet customer requirements during the strike period and there was no major impact on the financial performance of the company due to the strike.During the year ended 31 March 2018, the companys Abrasives business unit continued to focus on new products and new markets. The Next Level initiative continued to engage the employees at all levels and there was progress on several dimensions.In Silicon Carbide business, Grindwell Nortons Tirupati plant benefited from improved availability of power in the first half of the year.During the FY2020, the Company signed a Joint Venture Agreement with Shinagawa Refractories Co. Ltd., Japan and incorporated a Private Limited Company, SG Shinagawa Refractories India Private Limited to manufacture tap hole clay for the steel industry. The Company invested Rs 11.27 crore in SG Shinagawa Refractories India Private Limited and holds 49% of the equity. The project work has started at the Halol (Gujarat) site of the Company.During the year 2021, the business commenced construction of a new Coated Maker. The Company invested in the equity capital of Andhra Pradesh Gas Power Corporation Ltd. (APGPCL), which entitled it to receive additional electricity and increased production at the Tirupati plant.The Joint Venture Company, SG Shinagawa Refractories India Pvt Ltd. commenced the commercial production during FY 2021. The Company invested in Cleanwin Energy Three LLP for a stake of 27.27% for purchase of wind power for its Mora unit.The Company acquired 49% equity stake in Advanced Synthetic Minerals Private Limited (ASMPL) on January 24, 2024. Later, it sold its 49% stake held in SG Shinagawa Refractories India Private Limited. During the Financial year 202324, the Company commissioned the new Paper maker Unit in Bengaluru. The Company acquired PRS Permacel Private Limited (PRS) by execution of Share Purchase Agreement on May 12, 2022 and postacquisition, PRS became a 100% subsidiary of the Company. Thereafter, whollyowned subsidiary, PRS Permacel Private Limited got merged with the Company through Scheme of Merger effective from May 27, 2022.

    Grindwell Norton Financial Highlights


    Grindwell Norton reported a Q1 FY 2025-26 revenue of ₹703.46 crore, up 5.0% YoY, with net profit decreased -3.7% to ₹94.2 crore. For the full year FY2025–2026, revenue reached ₹2891.47 crore and profit touched at ₹370.33 crore. As of Jun '25, Grindwell Norton’s market capitalisation stood at ₹17,779.42 crores. Shareholding as of Jun '25 shows promoters holding 58%, with FIIs at 6.8%, DIIs at 18.2%, and public at 17%.

    As of 02 Sep, 2025, Grindwell Norton share price is ₹1605.8. The stock opened at ₹1595 and had closed at ₹1595.2 the previous day. During today’s trading session, Grindwell Norton share price moved between ₹1,583.10 and ₹1,620.30, with an average price for the day of ₹1601.70. Over the last 52 weeks, the stock has recorded a low of ₹1,356.05 and a high of ₹2,632.00. In terms of performance, Grindwell Norton share price has increased by 11.7% over the past six months and has declined by 36.73% over the last year.
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    Grindwell Norton SIP Return Calculator

    Over the past

    1 year
    3 years
    5 years
    Total Investment of ₹65,00,000
    Would have become ₹54,35,427 (-16.38%)
    Daily SIP of 25,000 would have become 54,35,427 in 1 year with a gain of -10,64,572 (-16.38%)
    View details of Market Depth

    Grindwell Norton Fundamental

    Market Cap (in crs)

    17,779.42

    Face Value

    5

    Turnover (in lacs)

    1,136.15

    Key Metrics

    Qtr Change %
    38.99% Fall from 52W High
    -10.6
    Dividend yield 1yr %
    Market Runner Up
    1.1

    Grindwell Norton Key Financials

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    Grindwell Norton Quarterly Revenue
    Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024
    703.46 Cr
    709.51 Cr
    702.61 Cr
    693.87 Cr
    705.6 Cr
    Grindwell Norton Yearly Revenue
    Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
    2891.47 Cr
    2755.08 Cr
    2597.41 Cr
    2065.85 Cr
    1688.88 Cr
    1619.94 Cr
    Grindwell Norton Quarterly Net Profit/Loss
    Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024
    94.2 Cr
    92.61 Cr
    87.62 Cr
    97.12 Cr
    92.97 Cr
    Grindwell Norton Yearly Net Profit/Loss
    Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
    370.33 Cr
    384.37 Cr
    363.38 Cr
    296.06 Cr
    237.81 Cr
    183.89 Cr

    Grindwell Norton Result Highlights

    • Grindwell Norton Ltd reported a 2.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 0.8%.

    • Its expenses for the quarter were up by 2.4% QoQ and 0.9% YoY.

    • The net profit increased 1.9% QoQ and increased 1.1% YoY.

    • The earnings per share (EPS) of Grindwell Norton Ltd stood at 8.5 during Q1 FY 2025-26.

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    Data Source: BSE, Company announcements

    The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results.

    Grindwell Norton Shareholding Pattern

    Promoter
    58%
    Foreign Institutions
    6.8%
    Mutual Funds
    17.5%
    Domestic Institutions
    18.2%
    Public
    17%
    Promoter
    58%
    Foreign Institutions
    6.8%
    Mutual Funds
    17.6%
    Domestic Institutions
    18.3%
    Public
    16.9%
    Promoter
    58%
    Foreign Institutions
    7%
    Mutual Funds
    17.2%
    Domestic Institutions
    18%
    Public
    16.9%
    Promoter
    58%
    Foreign Institutions
    8.2%
    Mutual Funds
    15.8%
    Domestic Institutions
    16.7%
    Public
    17%
    Promoter
    58%
    Foreign Institutions
    8.6%
    Mutual Funds
    15.2%
    Domestic Institutions
    16.2%
    Public
    17.2%
    Promoter
    58%
    Foreign Institutions
    8.3%
    Mutual Funds
    14.9%
    Domestic Institutions
    15.9%
    Public
    17.8%

    Grindwell Norton Technical Analysis

    Moving Averages Analysis
    1605.8
    Current Price
    Bullish Moving Averages
    9
    Bearish Moving Averages
    7
    5Day EMA
    1,580.00
    10Day EMA
    1,560.80
    12Day EMA
    1,557.20
    20Day EMA
    1,559.00
    26Day EMA
    1,568.50
    50Day EMA
    1,608.60
    100Day EMA
    1,667.80
    200Day EMA
    1,784.10
    5Day SMA
    1,574.80
    10Day SMA
    1,554.20
    20Day SMA
    1,520.40
    30Day SMA
    1,565.10
    50Day SMA
    1,631.70
    100Day SMA
    1,678.20
    150Day SMA
    1,674.50
    200Day SMA
    1,759.90
    Delivery & Volume
    Loading chart...

    Delivery & Volume

    PeriodCombined Delivery VolumeNSE+BSE Traded Volume
    Day Rs
    62351 Rs
    72499 Rs
    Week Rs
    26611 Rs
    38848 Rs
    Month Rs
    42386 Rs
    57718 Rs
    1,603.07
    Pivot
    Resistance
    First Resistance
    1,623.03
    Second Resistance
    1,640.27
    Third Resistance
    1,660.23
    Support
    First Support
    1,585.83
    Second support
    1,565.87
    Third Support
    1,548.63
    Relative Strength Index
    57.33
    Money Flow Index
    54.45
    MACD
    -11.28
    MACD Signal
    -30.40
    Average True Range
    43.82
    Average Directional Index
    24.71
    Rate of Change (21)
    4.25
    Rate of Change (125)
    8.11
    Name
    Holding Percent
    Sbi Magnum Midcap Fund
    8.13
    Uti-Flexi Cap Fund
    2.06
    Axis Mutual Fund Trustee Limited A/C Axis Mutual Fund A/C Axis Small Cap Fund
    1.35
    Icici Prudential Smallcap Fund
    1.32
    Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund
    1.2

    Grindwell Norton Latest News

    23 AUG 2025 | Saturday

    Grindwell Norton Ltd-$ - 506076 - Announcement under Regulation 30 (LODR)-Newspaper Publication

    14 AUG 2025 | Thursday

    Grindwell Norton Ltd-$ - 506076 - Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Launch Of 100 Days Campaign Titled 'Saksham Niveshak'

    14 AUG 2025 | Thursday

    Grindwell Norton Ltd-$ - 506076 - Announcement under Regulation 30 (LODR)-Credit Rating

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    Grindwell Norton Share Price FAQs

    Grindwell Norton share price is ₹1605.8 in NSE and ₹1602.75 in BSE as on 2/9/2025.

    Grindwell Norton share price in the past 1-year return was -34.15. The Grindwell Norton share hit a 1-year low of Rs. 1356.05 and a 1-year high of Rs. 2632.

    The market cap of Grindwell Norton is Rs. 17779.42 Cr. as of 2/9/2025.

    The PE ratios of Grindwell Norton is 48.85 as of 2/9/2025.

    The PB ratios of Grindwell Norton is 7.92 as of 2/9/2025

    The Mutual Fund Shareholding in Grindwell Norton was 17.46% at the end of 2/9/2025.

    You can easily buy Grindwell Norton shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.

    The 52-week high and low of Grindwell Norton share price is ₹2632 and ₹1356.05 as of 2/9/2025.

    The earnings per share (EPS) of Grindwell Norton stood at 8.5 during Q1 FY 2025-26.

    Please be aware that Grindwell Norton stock prices are subject to continuous fluctuations due to various factors.

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