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 8.12% 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.
6
Market Beating Performance
- The stock has generated a return of 23.22% in the last 1 year, much higher than market (BSE500) returns of 0.84%
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
23.22%
0.72
32.30%
Sensex
-4.95%
-0.37
13.26%
Quality key factors
Factor
Value
Sales Growth (5y)
13.41%
EBIT Growth (5y)
11.68%
EBIT to Interest (avg)
60.18
Debt to EBITDA (avg)
0.11
Net Debt to Equity (avg)
-0.43
Sales to Capital Employed (avg)
1.29
Tax Ratio
24.95%
Dividend Payout Ratio
51.05%
Pledged Shares
0
Institutional Holding
24.74%
ROCE (avg)
33.40%
ROE (avg)
18.06%
Valuation Key Factors 
Factor
Value
P/E Ratio
55
Industry P/E
59
Price to Book Value
9.03
EV to EBIT
46.49
EV to EBITDA
37.97
EV to Capital Employed
15.15
EV to Sales
7.09
PEG Ratio
4.37
Dividend Yield
0.82%
ROCE (Latest)
32.60%
ROE (Latest)
16.38%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Mildly Bullish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Bullish
Bullish
Technical Movement
9What is working for the Company
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%
PBT LESS OI(Q)
Highest at Rs 136.57 cr.
PAT(Q)
Highest at Rs 118.74 cr.
EPS(Q)
Highest at Rs 10.72
-1What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Loading Valuation Snapshot...
Here's what is working for Grindwell Norton
Net Sales - Quarterly
Highest at Rs 842.21 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 164.20 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Highest at 19.50%
in the last five quartersMOJO Watch
Company's efficiency has improved
Operating Profit to Sales
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 136.57 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 136.57 cr has Grown at 36.35%
Year on Year (YoY)MOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 118.74 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 118.74 cr has Grown at 28.3%
Year on Year (YoY)MOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 10.72
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)