Why did Grindwell Norton (GRINDWELL) stock move recently?

On 7/29/2026, Grindwell Norton moved +3.7% — Grindwell Norton rose after analysts lifted price targets following its Q1 FY27 results last week, which showed 22% profit growth on margin expansion despite softer revenue; a July 29 note highlighted upgraded targets to ₹2,169. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is Grindwell Norton (GRINDWELL) overvalued or fairly valued?

MarketChacha shows Grindwell Norton's valuation in context — a forward P/E of about 42.1, a price-to-book of about 9.5 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is Grindwell Norton's revenue?

Grindwell Norton reported revenue of ₹3,026 Cr for FY2026, with net profit of ₹413 Cr, per official filings.

What is the share price of Grindwell Norton (GRINDWELL)?

Grindwell Norton last traded at ₹2,163.50 (+0.8% on the day), as of 8/17/2026 — a delayed quote shown for education, not investment advice.

Grindwell Norton

GRINDWELL · NSE · Industrials/Abrasives · India

Snapshot

TickerGRINDWELL

ExchangeNSE

SectorIndustrials/Abrasives

IndustryBuilding Products & Equipment

CountryIndia

Employees2,385

HeadquartersMumbai, India

Websitewww.grindwellnorton.co.in

Filings tracked2

About Grindwell Norton

Grindwell Norton Limited provides abrasives, life sciences, performance plastics, and ceramics solutions in India and internationally. The company operates through the Abrasives, Ceramics & Plastics, Digital Services, and Others segments. It offers abrasives, such as bonded and coated abrasives, thin wheels, superabrasives, non-woven abrasives, construction products, automotive aftermarket, adhesives and sealants, and performance grinding solutions; performance polymer solutions, including engineered components, tape solutions, and life sciences. The company also provides ceramic systems, wear resistance technology, specialty ceramics, energy, iron and steel, foundry, and non-ferrous; silicon carbide solutions comprising metallurgy and crucible applications, abrasives and refractories industry, ceramic foam filters, and applications in advanced materials; and technical textiles and glass fiber technical fabrics for construction, infrastructure, and industrial markets. In addition, it offers plant engineering, system integration, customized automation, utilities and environmental engineering, special purpose machine building, contract manufacturing, and electrical and automation solutions. The company was founded in 1941 and is based in Mumbai, India. Grindwell Norton Limited operates as a subsidiary of Compagnie de Saint-Gobain S.A.

Who owns it

Promoters58.3%
Institutions22.1%
Public & other19.6%

45 institutional holders

Ownership breakdown from public market data. Promoter pledge is not included here — that comes from exchange shareholding filings.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Net margin trend14.2% → 13.5%

Margin has held broadly steady over the period — stable profitability.

Growth qualityrev 5% · PAT 4%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (Yahoo Finance). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev ₹856 Cr · EPS 10.80

Est. earnings growth +25.6%

Next fiscal year

Rev ₹3,973 Cr · EPS 51.43

Est. earnings growth +13.3%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: Yahoo Finance

Annual

Quarterly · last 5

Revenue (FY2026)

₹3,073 Cr

Net margin

13.5%

Revenue CAGR (3y)

+6.5%

Profit CAGR (3y)

+4.7%

Net profit (FY2026)

₹416 Cr

Ask MarketChacha about GRINDWELL

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Why it moved

Jul 29, 2026
Grindwell Norton rose after analysts lifted price targets following its Q1 FY27 results last week, which showed 22% profit growth on margin expansion despite softer revenue; a July 29 note highlighted upgraded targets to ₹2,169.
source 1 ↗source 2 ↗source 3 ↗· confidence: high
Jul 22, 2026
No specific company catalyst or news identified for the decline; the stock appears to have moved with broader market or sector sentiment.
· confidence: low

Daily moves with the verified reason behind them. Education only — not investment advice.

Financials

Yearly

Period	Revenue	Net profit	Net margin
FY2026	₹3,073 Cr	₹416 Cr	13.5%
FY2025	₹2,812 Cr	₹369 Cr	13.1%
FY2024	₹2,687 Cr	₹384 Cr	14.3%
FY2023	₹2,541 Cr	₹362 Cr	14.2%

Quarterly

Period	Revenue	Net profit	Net margin
Q1 FY27	₹803 Cr	₹116 Cr	14.4%
Q4 FY26	₹842 Cr	₹119 Cr	14.1%
Q3 FY26	₹753 Cr	₹95 Cr	12.6%
Q2 FY26	₹775 Cr	₹107 Cr	13.8%
Q1 FY26	₹703 Cr	₹94 Cr	13.4%

Figures as reported, in ₹ (crore). Source: Yahoo Finance.

Filings & announcements

2026

Shareholder Meeting / Postal Ballot-Outcome of AGM
The 76th Annual General Meeting ("AGM") of the Company was held on July 24, 2026, and the business outlined in the Notice dated May 8, 2026, was transacted. In this regard please find attached ....
BSE7/25/2026material
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
The 76th Annual General Meeting of the Company was held on July 24, 2026, and the business mentioned in the Notice dated May 8, 2026, were transacted. In this regard, please find attached ....
BSE7/25/2026material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.