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. PRADIP SHAH who is the Non-Executive - Independent Director-Chairperson. Other members of the management team consist of Deepak Chindarkar (Designation:Chief Financial Officer), Ms. MARIE-ARMELLE CHUPIN (Designation:Non-Executive - Nominee Director), Mr. KEKI M. ELAVIA (Designation:Non-Executive - Independent Director), Dr. Archana Niranjan Hingorani (Designation:Non-Executive & Independent Director), Mr. PATRICK MILLOT (Designation:Non-Executive - Nominee Director), Mr. MIKHIL NARANG (Designation:Non-Executive - Non Independent Director), Mr. SHIVANAND SALGAOCAR (Designation:Non-Executive - Independent Director), Mr. LAURENT GUILLOT (Designation:Non-Executive - Nominee Director), Mr. KRISHNA PRASAD (Designation:Executive Director), Mr. ANAND MAHAJAN (Designation:Executive Director), Mr. SREEDHAR NATARAJAN (Designation:Non-Executive - Nominee Director), K Visweswaran (Designation:Company Secretary & Compliance Officer), .

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

BSE 576.2 9.25 (1.63%)

BSE

576.2 9.25 (1.63%)
Volume: 2,454.00
M. Cap: 6,386.00
P/E: 38.97
Prev. Close: 566.95
Day
52 Wk

NSE

576.45 11.90 (2.11%)
Volume: 7,435.00
M. Cap: 6,386.00
P/E: 38.97
Prev. Close: 564.55
Day
52 Wk

Stock Price Chart

Shareholding Pattern

Category No. of shares Percent(%)
Promoters 77,50,115 7.00
ForeignPromoter 5,68,28,000 51.33
General Public 1,70,15,616 15.37
NBFC and Mutual Funds 1,66,64,343 15.05
Others 72,76,676 6.57
Foreign Institutions 48,25,671 4.36
Financial Institutions 3,59,579 0.32
Total 11,07,20,000 100

NSE Trade Data

Trade Snapshot
VWAP 572.22
Face Value 5.00
Traded Volume (shares) 7,435.00
Traded Value (lacs) 42.54
Free Float Market Cap (Crs) 2,625.29
52 week high 616.90
52 week low 470.45
Lower Price Band 451.65
Upper Price Band 677.45
Security-wise Delivery Position
Quantity Traded 11,417.00
Deliverable Quantity (gross across client level) 3,712.00
% of Deliverable Quantity to Traded Quantity 32.51 %
Value at Risk (VaR in %)
Security VaR 3.51
Index VaR -
VAR Margin 7.50
Extreme Loss Rate 5.00
Adhoc Margin -
Applicable Margin Rate 12.50

Financial Data

Consolidated
Figures in crore 2018 2017 2016
Net Sales 1,430.97 1,263.36 1,150.58
Operating Profit 273.85 223.98 206.09
Other Income 26.95 30.85 22.58
Interest 1.53 2.01 2.42
Depreciation 44.84 42.25 42.58
Profit Before Tax 227.48 179.72 161.09
Tax 76.59 58.83 54.71
Profit After Tax 150.89 120.89 106.38
Share Capital 55.36 55.36 27.68
Reserves 935.16 837.66 735.49
Net Worth 990.52 893.02 763.17
Loans 21.95 27.02 27.94
Gross Block 469.01 452.77 392.99
Investments 170.80 145.49 134.94
Cash 272.23 242.51 124.07
Debtors 177.09 127.39 133.54
Net Working Capital 487.34 411.43 301.85
Operating Profit Margin (%) 19.14 17.73 17.91
Net Profit Margin (%) 10.54 9.57 9.25
Earning Per Share (Rs) 13.52 10.78 17.69
Dividend (%) 100.00 80.00 130.00
Dividend Payout 44.29 0.00 71.97
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, RKFORGE and DCM. 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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