GrindWell

BSE: 506076 | NSE: GRINDWELL
GrindWell (CIN: L26593MH1950PLC008163) operates in the Abrasives & Bearings industry and has been listed in the stock market since 21 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 SUBODH SATCHITANAND NADKARNI who is the Non-Executive - Independent Director-Chairperson. Other members of the management team consist of ARCHANA NIRANJAN HINGORANI (Designation:Non-Executive - Independent Director), SREEDHAR NATARAJAN (Designation:Non-Executive - Nominee Director), VENUGOPAL RAMNATH SHANBHAG (Designation:Executive Director-MD), DAVID ERIC MOLHO (Designation:Non-Executive - Non Independent Director), AAKIL MAHAJAN (Designation:Non-Executive - Non Independent Director), KAUSTUBH GOVIND SHUKLA (Designation:Non-Executive - Independent Director), HARI SINGUDASU (Designation:Executive Director), STEPHANIE BILLET (Designation:Non-Executive - Non Independent Director), Prakash Sabarad (Designation:Chief Financial Officer), Girish T Shajani (Designation:Company Secretary & Compliance Officer), .

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

BSE 1936.35 -10.1 (-0.52%)

BSE

1936.35 -10.1 (-0.52%)
Volume: 5,564.00
M. Cap: 21,497.40
P/E: 51.58
Prev. Close: 1,946.45
Day
52 Wk

NSE 2425 11.25 (0.47%)

NSE

2425 11.25 (0.47%)
Volume: 24,515.00
M. Cap: 21,491.86
P/E: 51.58
Prev. Close: 1,943.40
Day
52 Wk

Stock Price Chart

F&O Data

Shareholding Pattern

Category No. of shares Percent(%)
Promoters 6,42,54,259 58.03
Pledge 0 0.00
Foreign Institutions 61,56,431 5.56
Financial Institutions 2,12,30,076 19.18
NBFC and Mutual Funds 1,96,37,736 17.74
Others 1,90,79,234 17.22
Total 13,03,57,736 117.73

Financial Data

Consolidated
Figures in crore 2025 2024 2023
Net Sales 2,811.59 2,686.77 2,541.34
Operating Profit 593.96 586.98 553.84
Other Income 80.82 68.31 56.07
Interest 9.35 7.76 7.80
Depreciation 92.65 70.88 60.15
Profit Before Tax 491.96 508.34 485.89
Tax 120.69 124.38 124.37
Profit After Tax 371.27 383.96 361.52
Share Capital 55.36 55.36 55.36
Reserves 2,200.13 1,999.91 1,750.45
Net Worth 2,255.49 2,055.27 1,805.81
Loans 137.97 132.53 103.80
Gross Block 1,381.01 1,162.79 938.37
Investments 891.51 689.35 642.06
Cash 264.64 213.05 139.02
Debtors 362.43 357.46 280.20
Net Working Capital 604.27 626.51 568.73
Operating Profit Margin (%) 21.13 21.85 21.79
Net Profit Margin (%) 13.20 14.29 14.23
EPS 33.30 34.65 32.69
Dividend (%) 340.00 340.00 290.00
Dividend Payout 188.22 160.54 132.86
Standalone
Figures in crore 2025 2024 2023
Net Sales 2,737.36 2,651.68 2,523.76
Operating Profit 577.20 580.58 556.48
Other Income 79.86 68.31 56.01
Interest 8.65 6.92 7.53
Depreciation 89.91 68.83 58.11
Profit Before Tax 478.64 504.83 490.84
Tax 117.81 124.11 124.93
Profit After Tax 360.83 380.72 365.91
Share Capital 55.36 55.36 55.36
Reserves 2,187.99 1,995.68 1,748.99
Net Worth 2,243.35 2,051.04 1,804.35
Loans 132.63 124.68 93.94
Gross Block 1,337.26 1,120.29 906.63
Investments 911.39 710.17 665.31
Cash 263.05 212.39 133.31
Debtors 355.63 352.56 277.43
Net Working Capital 577.84 607.17 544.78
Operating Profit Margin (%) 21.09 21.89 22.05
Net Profit Margin (%) 13.18 14.36 14.50
Earning Per Share (Rs) 32.59 34.39 33.05
Dividend (%) 340.00 340.00 290.00
Dividend Payout 188.22 160.54 132.86
Dividend Declared (₹)
The company has declared dividend 5 times between 19 Jul 2021 and 15 Jul 2025, totaling Rs. 69.00 so far. The most recent dividend was declared on 15 Jul 2025 for Rs. 17.
Bonus History
Date Ratio
14 Jul 2016 issue issue 1:1
26 May 2006 issue issue 1:1

Financial Data Graph

The peers of GrindWell are TIMKEN, CARBORUNIV and WENDT. 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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