GrindWell

BSE: 506076 | NSE: GRINDWELL
GrindWell (CIN: L26593MH1950PLC008163) operates in the Other Industrial Products industry and has been listed in the stock market since 21st Feb 1984. It currents trades on NSE with symbol GRINDWELL and on BSE with scrip code 506076.
The registered office of the company is 5th Level, Leela Business Park, Andheri-Kurla Road, Marol, Andheri East,Mumbai,Maharashtra,400059.

The management team of GrindWell is led by Mr. KEKI M. ELAVIA who is the Non-Executive - Independent Director-Chairperson. Other members of the management team consist of Deepak Chindarkar (Designation:Chief Financial Officer), Ms. ARCHANA NIRANJAN HINGORANI (Designation:Non-Executive - Independent Director), Mr. PATRICK MILLOT (Designation:Non-Executive - Nominee Director), Ms. MARIE ARMELLE CHUPIN (Designation:Non-Executive - Nominee Director), Mr. KRISHNA PRASAD (Designation:Executive Director), Mr. LAURENT GUILLOT (Designation:Non-Executive - Nominee Director), Mr. SREEDHAR NATARAJAN (Designation:Non-Executive - Nominee Director), Mr. SHIVANAND SALGAOCAR (Designation:Non-Executive - Independent Director), Mr. ANAND MAHAJAN (Designation:Executive Director), Mr. MIKHIL NARANG (Designation:Non-Executive - Non Independent Director), Mr. Subodh Satchitanand Nadkarni (Designation:Non-Executive & Independent Director), K Visweswaran (Designation:Company Secretary & Compliance Officer), .

The price and other financial information of GrindWell is as below -

BSE 563.9 -0.8 (-0.14%)

BSE

563.9 -0.8 (-0.14%)
Volume: 879.00
M. Cap: 6,235.00
P/E: 38.13
Prev. Close: 564.70
Day
52 Wk

NSE

560.00 -5.35 (-0.95%)
Volume: 6,129.00
M. Cap: 6,235.00
P/E: 38.13
Prev. Close: 565.35
Day
52 Wk

Stock Price Chart

Shareholding Pattern

Category No. of shares Percent(%)
Promoters 77,46,772 7.00
ForeignPromoter 5,68,28,000 51.33
NBFC and Mutual Funds 1,68,16,299 15.19
General Public 1,66,55,952 15.04
Others 74,96,531 6.77
Foreign Institutions 48,15,142 4.35
Financial Institutions 3,61,304 0.33
Total 11,07,20,000 100.01

NSE Trade Data

Trade Snapshot
VWAP 557.19
Face Value 5.00
Traded Volume (shares) 6,129.00
Traded Value (lacs) 34.15
Free Float Market Cap (Crs) 2,629.01
52 week high 616.90
52 week low 470.45
Lower Price Band 452.30
Upper Price Band 678.40
Security-wise Delivery Position
Quantity Traded 5,160.00
Deliverable Quantity (gross across client level) 2,687.00
% of Deliverable Quantity to Traded Quantity 52.07 %
Value at Risk (VaR in %)
Security VaR 4.51
Index VaR -
VAR Margin 7.50
Extreme Loss Rate 5.00
Adhoc Margin -
Applicable Margin Rate 12.50

Financial Data

Consolidated
Figures in crore 2019 2018 2017
Net Sales 1,598.06 1,430.97 1,263.36
Operating Profit 307.18 273.85 223.98
Other Income 35.36 26.95 30.85
Interest 1.50 1.53 2.01
Depreciation 45.23 44.84 42.25
Profit Before Tax 260.45 227.48 179.72
Tax 91.73 76.59 58.83
Profit After Tax 168.72 150.89 120.89
Share Capital 55.36 55.36 55.36
Reserves 1,042.55 935.16 837.66
Net Worth 1,097.91 990.52 893.02
Loans 21.57 21.95 27.02
Gross Block 516.07 469.01 452.77
Investments 182.65 170.80 145.49
Cash 234.12 272.23 242.51
Debtors 205.62 177.09 127.39
Net Working Capital 562.66 487.34 411.43
Operating Profit Margin (%) 19.22 19.14 17.73
Net Profit Margin (%) 10.56 10.54 9.57
Earning Per Share (Rs) 15.11 13.52 10.78
Dividend (%) 120.00 100.00 80.00
Dividend Payout 55.36 44.29 0.00
Standalone
Figures in crore 2018 2017 2016
Net Sales 1,405.38 1,236.43 1,126.00
Operating Profit 265.34 213.68 192.64
Other Income 29.01 32.94 24.59
Interest 1.05 1.10 0.69
Depreciation 42.18 39.83 36.85
Profit Before Tax 222.11 172.75 155.10
Tax 74.95 56.74 52.96
Profit After Tax 147.16 116.01 102.14
Share Capital 55.36 55.36 27.68
Reserves 927.48 832.56 733.77
Net Worth 982.84 887.92 761.45
Loans 21.56 21.98 15.77
Gross Block 434.74 417.94 359.09
Investments 191.14 165.84 155.29
Cash 269.64 242.34 123.88
Debtors 173.24 123.42 126.37
Net Working Capital 473.07 397.07 286.61
Operating Profit Margin (%) 18.88 17.28 17.11
Net Profit Margin (%) 10.47 9.38 9.07
Earning Per Share (Rs) 13.29 10.48 17.13
Dividend (%) 100.00 80.00 130.00
Dividend Payout 44.29 0.00 79.29
Dividend Declared (₹)
The company has declared dividend 15 times between 06 Feb 2001 and 17 Jul 2019, totaling Rs. 72.00 so far. The most recent dividend was declared on 17 Jul 2019 for Rs. 6.
Bonus History
Date Ratio
14 Jul 2016 issue 1:1
26 May 2006 issue 1:1

Financial Data Graph

The peers of GrindWell are BHARATFORG, PRECWIRE and RKFORGE. You can get more detailed information on those company by clicking on the respective names.

* The above data is collected from public sources and we do not guarantee the accuracy of the same.*

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