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

With GRINDWELL's revenue expected to be lower than the previous year, investors may become cautious. Declining revenues often negatively impact the bottom line, reducing profitability and raising concerns among investors about the company's ability to maintain strong financial performance moving forward.

Financial Ratios:

currentRatio 0.000000
forwardPE 34.153687
debtToEquity 3.681000
earningsGrowth 0.013000
revenueGrowth -0.003000
grossMargins 0.541660
operatingMargins 0.147810
trailingEps 33.370000
forwardEps 0.000000

GRINDWELL's low earnings and revenue growth point to a potential decline in profits. This signals a downturn in financial performance, suggesting that the company might face challenges in maintaining its current level of profitability.
Grindwell Norton Limited's negative gross and operating margins indicate the company is operating at a loss, unable to generate profit from its core business activities. This suggests financial strain and potential challenges in maintaining profitability.

Price projections:

Price projections for GRINDWELL
Price projections for GRINDWELL

The price of GRINDWELL has remained consistently close to the lower limit of projections. This ongoing pattern raises concerns about the stock's performance and may reflect market hesitance regarding the company's growth prospects.

Recommendation changes over time:

Recommendations trend for GRINDWELL
Recommendations trend for GRINDWELL


The analysts' collective view on Grindwell Norton Limited remains unclear, offering no definitive buy or sell signals. Investors may need to consider a broader range of market indicators and trends to form a more informed opinion on the stock's potential.