Grindwell Norton Complete Financial Statements
12 Years of Data
2026 - 2015
In FY2026, Grindwell Norton (GRINDWELL) reported revenue ₹860 Cr, net profit ₹119 Cr and EPS ₹10.72, with a net profit margin of 13.8% and ROE of 4.7%. Full financial statements from FY2015 to FY2026 (12 years) — income statement, balance sheet and cash flow in ₹ Crores. Download as Excel or CSV. Explore GRINDWELL intrinsic value to estimate fundamental worth using multiple valuation models.
Complete Financial Data Export
Profitability Ratios
Net Profit Margin
13.84%
2026 data
EBITDA Margin
21.16%
2026 data
Operating Margin
19.00%
2026 data
Return on Assets
3.46%
2026 data
Return on Equity
4.69%
2026 data
Balance Sheet Ratios
Current Ratio
15.64
2026 data
Equity Ratio
73.73%
2026 data
Asset Turnover
0.25
2026 data
GRINDWELL Revenue, Net Profit & EBITDA — Year-on-Year Growth
GRINDWELL YoY (Mar 2025 vs Mar 2026) — revenue +18.0%, net profit +28.0%, EBITDA +23.8%, expenses +16.5%. For live price, earnings ratios and company overview, see GRINDWELL share price.
Revenue Growth
+18.0%
Year-over-Year
Net Profit Growth
+28.0%
Year-over-Year
EBITDA Growth
+23.8%
Year-over-Year
Expense Growth
+16.5%
Year-over-Year
Assets Growth
+12.5%
Year-over-Year
Equity Growth
+11.7%
Year-over-Year
Operating Cash Flow Growth
+24.7%
Year-over-Year
Investing Cash Flow Growth
-16.8%
Year-over-Year
Financing Cash Flow Growth
-26.3%
Year-over-Year
GRINDWELL Income Statement — Revenue, EBITDA & Net Profit
Grindwell Norton revenue ₹860 Cr, EBITDA ₹182 Cr, net profit ₹119 Cr, EPS ₹10.72 (2026) — net profit margin 13.8%. Review GRINDWELL price earnings ratio to evaluate earnings-based valuation against sector peers.
Periods
₹ Crores
| Particulars | Mar 2026 | Sept 2025 | Mar 2025 | Jun 2025 | Dec 2025 | Sept 2024 | Mar 2024 | Jun 2024 | Dec 2024 | Sept 2023 | Mar 2023 | Jun 2023 | Dec 2023 | Sept 2022 | Mar 2022 | Jun 2022 | Dec 2022 | Sept 2021 | Mar 2021 | Jun 2021 | Dec 2021 | Sept 2020 | Mar 2020 | Jun 2020 | Dec 2020 | Sept 2019 | Mar 2019 | Jun 2019 | Dec 2019 | Sept 2018 | Mar 2018 | Jun 2018 | Dec 2018 | Sept 2017 | Mar 2017 | Jun 2017 | Dec 2017 | Sept 2016 | Mar 2016 | Jun 2016 | Dec 2016 | Sept 2015 | Mar 2015 | Jun 2015 | Dec 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 860 | 803 | 729 | 724 | 769 | 714 | 705 | 719 | 718 | 684 | 682 | 679 | 670 | 650 | 570 | 649 | 609 | 523 | 519 | 450 | 519 | 444 | 374 | 257 | 463 | 399 | 412 | 419 | 416 | 420 | 388 | 388 | 399 | 350 | 332 | 342 | 370 | 318 | 318 | 315 | 321 | 281 | 300 | 292 | 276 |
| Expenses | 678 | 634 | 582 | 574 | 614 | 565 | 567 | 573 | 579 | 536 | 536 | 534 | 533 | 513 | 435 | 510 | 485 | 412 | 396 | 353 | 413 | 346 | 306 | 213 | 360 | 327 | 338 | 341 | 341 | 346 | 311 | 312 | 331 | 287 | 274 | 286 | 301 | 265 | 260 | 261 | 271 | 234 | 249 | 244 | 230 |
| EBITDA | 182 | 169 | 147 | 151 | 155 | 150 | 138 | 147 | 138 | 148 | 146 | 145 | 137 | 137 | 135 | 139 | 124 | 111 | 123 | 98 | 107 | 98 | 68 | 44 | 103 | 72 | 75 | 78 | 75 | 74 | 77 | 76 | 68 | 64 | 59 | 56 | 69 | 52 | 58 | 54 | 51 | 47 | 51 | 48 | 46 |
| Operating Profit Margin % | 19.00% | 18.00% | 18.00% | 18.00% | 18.00% | 18.00% | 18.00% | 19.00% | 17.00% | 19.00% | 19.00% | 20.00% | 19.00% | 19.00% | 22.00% | 20.00% | 19.00% | 20.00% | 22.00% | 19.00% | 18.00% | 21.00% | 16.00% | 8.00% | 21.00% | 16.00% | 16.00% | 16.00% | 16.00% | 17.00% | 18.00% | 18.00% | 15.00% | 16.00% | 16.00% | 15.00% | 17.00% | 14.00% | 17.00% | 16.00% | 13.00% | 15.00% | 16.00% | 15.00% | 15.00% |
| Depreciation | 26 | 26 | 25 | 26 | 27 | 23 | 20 | 21 | 24 | 17 | 15 | 17 | 18 | 16 | 13 | 14 | 16 | 13 | 14 | 14 | 13 | 14 | 14 | 13 | 14 | 15 | 11 | 14 | 15 | 11 | 11 | 11 | 12 | 11 | 11 | 11 | 12 | 10 | 11 | 10 | 10 | 11 | 11 | 10 | 11 |
| Interest | 2 | 2 | 3 | 2 | 2 | 2 | 2 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 4 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 1 | 1 | 0 | 1 | 1 | 1 | 1 |
| Profit Before Tax | 158 | 143 | 123 | 126 | 128 | 128 | 120 | 125 | 116 | 135 | 133 | 130 | 122 | 120 | 120 | 125 | 108 | 97 | 110 | 86 | 93 | 87 | 54 | 32 | 88 | 60 | 66 | 66 | 63 | 64 | 68 | 67 | 63 | 54 | 49 | 47 | 59 | 43 | 48 | 45 | 43 | 37 | 41 | 39 | 37 |
| Tax | 39 | 36 | 30 | 31 | 33 | 30 | 28 | 32 | 28 | 33 | 34 | 33 | 30 | 30 | 30 | 32 | 28 | 25 | 31 | 23 | 23 | 22 | 12 | 4 | 23 | 8 | 23 | 23 | 16 | 24 | 23 | 23 | 22 | 18 | 14 | 16 | 19 | 14 | 17 | 16 | 15 | 13 | 14 | 14 | 12 |
| Net Profit | 119 | 107 | 93 | 94 | 96 | 97 | 93 | 93 | 88 | 102 | 99 | 97 | 92 | 90 | 90 | 93 | 80 | 72 | 80 | 64 | 70 | 64 | 42 | 28 | 65 | 52 | 43 | 43 | 47 | 41 | 44 | 44 | 42 | 36 | 34 | 30 | 40 | 30 | 31 | 30 | 28 | 25 | 28 | 26 | 25 |
| Earnings Per Share (₹) | 10.72 | 9.65 | 8.36 | 8.53 | 8.60 | 8.69 | 8.36 | 8.42 | 7.84 | 9.20 | 8.96 | 8.76 | 8.32 | 8.13 | 8.10 | 8.35 | 7.24 | 6.50 | 7.27 | 5.80 | 6.30 | 5.81 | 3.74 | 2.57 | 5.96 | 4.70 | 3.84 | 3.86 | 4.18 | 3.64 | 3.97 | 3.91 | 3.73 | 3.22 | 3.05 | 2.71 | 3.61 | 2.64 | 9.50 | 2.63 | 2.44 | 2.20 | 4.92 | 2.28 | 4.38 |
GRINDWELL Balance Sheet — Assets, Liabilities & Shareholders' Equity
GRINDWELL total assets ₹3,438 Cr, total equity ₹2,535 Cr, total liabilities ₹ Cr (2026) — ROE 4.7%.
Years
Annual Data
₹ Crores
| Particulars | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| Total Assets | 3,438 | 3,057 | 2,770 | 2,410 | 2,119 | 1,865 | 1,595 | 1,449 | 1,344 | 1,215 | 1,089 | 940 |
| Current Assets | 2,112 | 1,802 | 1,573 | 1,379 | 1,378 | 1,247 | 989 | 859 | 776 | 675 | 576 | 516 |
| Fixed Assets | 892 | 886 | 756 | 586 | 386 | 370 | 385 | 345 | 342 | 368 | 351 | 360 |
| Capital Work in Progress | 51 | 26 | 128 | 124 | 67 | 24 | 29 | 43 | 25 | 6 | 14 | 7 |
| Investments | 482 | 892 | 689 | 642 | 531 | 713 | 583 | 183 | 171 | 146 | 135 | 0 |
| Other Assets | 0 | 1,254 | 1,197 | 1,058 | 1,136 | 757 | 599 | 879 | 806 | 695 | 590 | 573 |
| LIABILITIES | ||||||||||||
| Total Liabilities | ||||||||||||
| Current Liabilities | 135 | 152 | 133 | 96 | 51 | 52 | 52 | 49 | 48 | 49 | 41 | 42 |
| Non-Current Liabilities | ||||||||||||
| SHAREHOLDERS' EQUITY | ||||||||||||
| Total Equity | 2,535 | 2,270 | 2,067 | 1,817 | 1,580 | 1,377 | 1,201 | 1,112 | 1,003 | 904 | 773 | 624 |
| Share Capital | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 28 | 28 |
| Reserves & Surplus | 2,479 | 2,200 | 2,000 | 1,750 | 1,513 | 1,310 | 1,132 | 1,043 | 935 | 838 | 736 | 588 |
GRINDWELL Cash Flow Statement — Operating, Investing & Financing
Grindwell Norton operating cash flow ₹459 Cr, investing ₹-215 Cr, financing ₹-221 Cr, net cash flow ₹22 Cr (2025).
Periods
₹ Crores
| Particulars | March 2025 | March 2024 | March 2023 | March 2022 | March 2021 | March 2020 | March 2019 | March 2018 | March 2017 | March 2016 | March 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | 459 | 368 | 393 | 187 | 331 | 318 | 85 | 134 | 170 | 139 | 106 |
| Investing Activities | -215 | -184 | -251 | -54 | -230 | -442 | -54 | -41 | -40 | -38 | -30 |
| Financing Activities | -221 | -175 | -140 | -114 | -95 | -95 | -68 | -60 | 3 | -102 | -46 |
| Net Cash Flow | 22 | 10 | 1 | 19 | 7 | -220 | -38 | 32 | 133 | 0 | 29 |