Why is Grindwell Norton Ltd. ?
1
High Management Efficiency with a high ROE of 18.06%
2
Company has a low Debt to Equity ratio (avg) at 0 times
3
Positive results in Mar 26
- NET SALES(Q) Highest at Rs 842.21 cr
- PBDIT(Q) Highest at Rs 164.20 cr.
- OPERATING PROFIT TO NET SALES(Q) Highest at 19.50%
4
Stock is technically in a Bullish range
- The technical trend has improved from Mildly Bullish on 25-May-26 and has generated -4.89% returns since then
- Multiple factors for the stock are Bullish like MACD, Bollinger Band, KST and OBV
5
High Institutional Holdings at 24.74%
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
How much should you buy?
- Overall Portfolio exposure to Grindwell Norton should be less than 10%
- Overall Portfolio exposure to Industrial Products should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Industrial Products)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Grindwell Norton for you?
Medium Risk, High Return
Absolute
Risk Adjusted
Volatility
Grindwell Norton
44.52%
0.12
29.85%
Sensex
-1.65%
-0.64
13.06%
Quality key factors
Factor
Value
Sales Growth (5y)
11.46%
EBIT Growth (5y)
8.07%
EBIT to Interest (avg)
61.94
Debt to EBITDA (avg)
0.11
Net Debt to Equity (avg)
-0.43
Sales to Capital Employed (avg)
1.29
Tax Ratio
25.01%
Dividend Payout Ratio
50.61%
Pledged Shares
0
Institutional Holding
24.80%
ROCE (avg)
33.40%
ROE (avg)
18.06%
Valuation Key Factors 
Factor
Value
P/E Ratio
54
Industry P/E
57
Price to Book Value
9.27
EV to EBIT
45.23
EV to EBITDA
37.27
EV to Capital Employed
15.58
EV to Sales
7.06
PEG Ratio
3.00
Dividend Yield
0.90%
ROCE (Latest)
32.60%
ROE (Latest)
16.38%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Mildly Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
No Trend
Technical Movement
12What is working for the Company
OPERATING CF(Y)
Highest at Rs 542.14 Cr
CASH AND CASH EQUIVALENTS(HY)
Highest at Rs 490.06 cr
PBT LESS OI(Q)
At Rs 129.55 cr has Grown at 26.96%
PAT(Q)
At Rs 115.51 cr has Grown at 22.3%
-1What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Loading Valuation Snapshot...
Here's what is working for Grindwell Norton
Operating Cash Flow - Annually
Highest at Rs 542.14 Cr and Grown
each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 129.55 cr has Grown at 26.96%
Year on Year (YoY)MOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 115.51 cr has Grown at 22.3%
Year on Year (YoY)MOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Cash and Cash Equivalents - Half Yearly
Highest at Rs 490.06 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents