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

Revenues for GRINDWELL are forecasted to decline from last year's levels, prompting caution among investors. When revenues fall, it can have a significant negative impact on the company's bottom line, reducing profitability and making the stock less attractive to risk-averse investors.

Financial Ratios:

currentRatio 2.834000
forwardPE 39.884533
debtToEquity 3.681000
earningsGrowth 0.000000
revenueGrowth 0.027000
grossMargins 0.546150
operatingMargins 0.144360
trailingEps 33.230000
forwardEps 0.000000

GRINDWELL's current ratio, being 2.834, means the company is well-positioned to meet its short-term debt obligations. This reflects GRINDWELL's strong liquidity, as its cash reserves and current assets provide more than enough coverage for its immediate liabilities.

Price projections:

Price projections for GRINDWELL
Price projections for GRINDWELL



Recommendation changes over time:

Recommendations trend for GRINDWELL
Recommendations trend for GRINDWELL


Analysts have shown a buy bias for Grindwell Norton Limited, marking it as a favorable investment option. This could inspire investors to see Grindwell Norton Limited as a strong place to park their money, given the positive outlook and growth potential associated with the stock in recent evaluations.