Overall Fundamental outlook

Business Operations:

Sector: Industrials
Industry: Building Products & Equipment

Grindwell Norton Limited manufactures and sells abrasives, ceramics, and plastic products in India and internationally. It operates through Abrasives, Ceramics and Plastics, Digital Services, and Others segment. The company offers bonded abrasives in the form of wheels and other shapes, such as segments, sticks, and cones etc. for various applications, including lapping, honing, super-finishing, thread grinding, fluting, OD grinding, ID grinding, and surface and sace grinding, as well as for rough applications comprising snagging, offhand grinding, and burr removal. It also provides coated abrasives products in various shapes, such as discs, belts, wheels, and sheets and rolls for polishing and surface preparation; non-woven abrasives; super abrasives for precision applications, such as auto, bearing, steel, solar, and electronics industries; thin wheels used for cutting, deburring, and weld-removal; and cutting-edge abrasive products. In addition, the company offers silicon carbide grains primarily for use as raw material in the manufacture of abrasives, iron foundries, and refractories, as well as for stone polishing; and PCR ceramic products for use in sanitary-ware, tableware, ballistic armor protection, wear resistance systems, etc. Further, the company produces and markets performance plastics comprising bearings, seals, tubing and hoses, films, fabrics, and single use bags and assemblies for use in the automotive, oil and gas, life sciences, construction, energy, and general industrial applications. Grindwell Norton Limited was founded in 1941 and is based in Mumbai, India. Grindwell Norton Limited is a subsidiary of Compagnie de Saint-Gobain S.A.

Revenue projections:

Revenue projections for GRINDWELL
Revenue projections for GRINDWELL

GRINDWELL's revenue projections show a decrease from last year, which tends to make investors more cautious. This could have a negative impact on the company's bottom line, as lower revenues typically suggest reduced profitability and growth potential, prompting concern among investors.

Financial Ratios:

currentRatio 2.83400
forwardPE 39.20289
debtToEquity 3.68100
earningsGrowth 0.00000
revenueGrowth 0.02700
grossMargins 0.54615
operatingMargins 0.14436
trailingEps 33.23000
forwardEps 0.00000

GRINDWELL's current ratio being 2.834 shows it has more than enough assets to cover its short-term debts. The company's liquidity position is strong, with ample cash reserves available to meet its immediate financial obligations without strain.

Price projections:

Price projections for GRINDWELL
Price projections for GRINDWELL



Recommendation changes over time:

Recommendations trend for GRINDWELL
Recommendations trend for GRINDWELL


The analysts' collective view on GRINDWELL is mixed, with no consensus on whether to buy or sell. This lack of clarity signals potential uncertainty for investors, urging them to look for additional market data before deciding on their investment strategy.