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 Norton Limited's revenue is projected to decrease from last year, a development that could lead investors to adopt a more cautious approach. A revenue decline can negatively affect profitability, signaling challenges for the company and making it less attractive for those seeking solid financial performance.

Financial Ratios:

currentRatio 2.635000
forwardPE 36.749416
debtToEquity 3.481000
earningsGrowth 0.110000
revenueGrowth 0.117000
grossMargins 0.538380
operatingMargins 0.147580
trailingEps 34.370000
forwardEps 0.000000

With a current ratio of 2.635, GRINDWELL has the liquidity needed to easily service its short-term debt. The company's cash reserves and current assets are sufficient, indicating that GRINDWELL is in a strong position to meet its immediate financial obligations without difficulty.
Grindwell Norton Limited's positive earnings and revenue growth signal the company's business is on track for further expansion. These strong financial trends suggest that Grindwell Norton Limited will continue to grow its operations, driven by increasing profits and revenue.

Price projections:

Price projections for GRINDWELL
Price projections for GRINDWELL

Over time, analysts have gradually revised Grindwell Norton Limited's price projections downward. This suggests growing concerns about the company's ability to meet previous expectations, pointing to a more conservative outlook.

Recommendation changes over time:

Recommendations trend for GRINDWELL
Recommendations trend for GRINDWELL


A sell bias from analysts for GRINDWELL indicates caution, but investors should rely on a broader range of market indicators before making any decisions. This broader perspective will help provide a clearer understanding of GRINDWELL's overall market position and potential future trends.