Grindwell Norton Limited
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Grindwell Norton Limited's yearly results (2023–2026), compared with Industrials companies in India. Tap ? on any ratio for what it means.
What stands out
- Debt Due Cover Ratio: Debt due within a year is covered 537.3 times by its yearly operating cash. Higher than 98% of Industrials companies in India.
Where ₹100 of sales goes
Latest year (Mar 2026). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
₹117Over the last 3 years, every ₹100 of reported profit came with ₹117 of operating cash.
Higher than 72% of Industrials companies in India.
Self-Funding Ratio
3.6×Over the last 3 years its own operating cash covered its investment spending (capex) 3.6 times.
Higher than 83% of Industrials companies in India.
Cash Locked Ratio
₹9For every ₹100 of sales, ₹9 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against ₹15 tied up three years earlier.
Less money tied up than 79% of Industrials companies in India.
Growth quality
Steadiness Ratio
3/3 · 2/3Sales grew in 3 of the last 3 years; profit grew in 2 of 3.
Steadier than 61% of Industrials companies in India.
Growth Efficiency Ratio
₹10Sales grew 21% in 3 years; of every extra ₹100 of sales, ₹10 became extra profit.
Higher than 54% of Industrials companies in India.
Asset Productivity Ratio
+21% / +43%In 3 years sales changed by +21% while total assets changed by +43%. Assets grew faster than sales.
Balance-sheet strength
Debt Due Cover Ratio
537.3×Debt due within a year is covered 537.3 times by its yearly operating cash.
Higher than 98% of Industrials companies in India.
Cash Cushion Ratio
+5%Cash, after subtracting all debt, equals 5% of its market value (net cash).
Higher than 81% of Industrials companies in India.
Tangible Assets Ratio
97%Of every ₹100 the company owns, ₹97 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
Less tangible than 74% of Industrials companies in India.
Tangible Net Worth Ratio
96%Of every ₹100 of net worth, ₹96 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
Less tangible than 68% of Industrials companies in India.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (14)
Grindwell Norton Limited owes ₹0.26 for every ₹1 it owns. Net profit rose 13% in the year to Mar 2026, and grew 5% a year on average over 3 years.
Compared with Industrials companies in India · latest annual results Mar 2026.
P/E ratio
47.7Investors pay ₹47.7 for every ₹1 of Grindwell Norton Limited's yearly profit, higher than 75% of Industrials companies in India.
P/B ratio
8.20The share price is 8.20 times Grindwell Norton Limited's book value per share, higher than 84% of Industrials companies in India.
Market cap
₹20,788 CrThe total market value of all of Grindwell Norton Limited's shares at today's price (share price × number of shares), larger than 88% of Industrials companies in India. PosiCap size class: Meso Cap.
Net worth (book value)
₹2,535 CrWhat Grindwell Norton Limited would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (31 Mar 2026).
Book value per share
₹228.93Net worth divided by the number of shares. The share price of ₹1,878 is 8.2 times this, which is the P/B above.
Return on equity (ROE)
17.2%Grindwell Norton Limited earned 17.2% on its shareholders' money over the last year, higher than 74% of Industrials companies in India.
Owes vs Owns
0.26×Grindwell Norton Limited owes ₹0.26 for every ₹1 it owns (low), lower than 78% of Industrials companies in India.
Dividend yield
1.04%Grindwell Norton Limited pays 1.04% of its share price as dividends a year, higher than 75% of dividend-paying Industrials companies in India.
Revenue growth
+9%Revenue rose 9% in the year to Mar 2026, and grew 7% a year on average over 3 years.
Profit growth
+13%Net profit rose 13% in the year to Mar 2026, and grew 5% a year on average over 3 years.
Profit margin
13.6%Grindwell Norton Limited keeps ₹14 of every ₹100 of revenue as net profit.
Cash quality
1.3×Cash from Grindwell Norton Limited's business was 1.3× its reported profit in the year to Mar 2026 — its profit turned into cash.
Interest cover
59.5×Grindwell Norton Limited's operating profit covered its interest costs 59.5 times in the year to Mar 2026.
Cash vs debt
Net cashGrindwell Norton Limited held ₹1,100 Cr more cash than debt (net cash) at Mar 2026.
Questions
What is Grindwell Norton Limited's P/E ratio?
Investors pay ₹47.7 for every ₹1 of Grindwell Norton Limited's yearly profit, higher than 75% of Industrials companies in India.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Grindwell Norton Limited: ₹20,788 Cr ÷ ₹2,535 Cr (31 Mar 2026) = 8.2.
What is Grindwell Norton Limited's return on equity?
Grindwell Norton Limited earned 17.2% on its shareholders' money over the last year, higher than 74% of Industrials companies in India.
How much does Grindwell Norton Limited owe compared with what it owns?
Grindwell Norton Limited owes ₹0.26 for every ₹1 it owns (low), lower than 78% of Industrials companies in India.
Does Grindwell Norton Limited pay a dividend?
Yes. Grindwell Norton Limited pays 1.04% of its share price as dividends a year, higher than 75% of dividend-paying Industrials companies in India.
Is Grindwell Norton Limited's revenue growing?
Revenue rose 9% in the year to Mar 2026, and grew 7% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.