Grindwell Norton Ltd. News and Updates

Name: Latest research reports of Grindwell Norton Ltd. authored by Prabhudas Lilladhar and published by - Trendlyne research reports.
Item: Grindwell Norton Ltd.
Rating: 3
Author: Prabhudas Lilladhar

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Grindwell Norton Ltd.

27 Jul 2025

1634.00

-0.97%

Grindwell Norton (GWN IN) Q1FY26 Result Update Subdued...

Hold: Grindwell Norton Ltd.

Prabhudas Lilladhar

Grindwell Norton (GWN) delivered a subdued performance for the quarter, with revenue remaining largely flat YoY at Rs7.0bn and EBITDA margin contracting by 40bps YoY to 18.5%. The Abrasives segment reported negligible growth, while margins weakened furtherlikely impacted by continued Chinese dumping. The Ceramics & Plastics (C&P) segment also posted a decline...

Grindwell Norton Ltd. is trading above its 50 day SMA of 1597.6

Grindwell Norton Ltd.

30 May 2025

1634.00

-0.97%

Grindwell Norton (GWN IN) Analyst Meet Update Persistent...

Hold: Grindwell Norton Ltd.

Target

Prabhudas Lilladhar

to cater to a broader customer base, while the Ceramics & Plastics segment continues to benefit from healthy domestic demand across precision grinding, glass grinding, defence, and industrial applications. Management's focus on application engineering, technical servicing, & innovation will position GWN favorably among competitors. However, persistent Chinese dumping in Abrasives and subdued export demand in the C&P segment remain key nearterm headwinds....

Grindwell Norton Ltd. has lost -33.26% in the last 1 Year

Grindwell Norton Ltd.

10 May 2025

1634.00

-0.97%

Grindwell Norton (GWN IN) Q4FY25 Result Update Soft...

Accumulate: Grindwell Norton Ltd.

Target

Prabhudas Lilladhar

Abrasives/Digital Services EBIT margin fell by 97/418bps YoY to 13.4%/23.8% in Q4FY25 while Ceramics EBIT margin grew by 104bps YoY to 17.3%. Grindwell Norton (GWN) reported a muted performance for the quarter, with revenue growing modestly by 2.7% YoY and EBITDA margins remaining largely stable at 17.9%. The domestic demand shown resilience across both the Abrasives and Ceramics segments. However, export demand remained subdued, likely due to persistent pressure from Chinese dumping and overall...

Grindwell Norton Ltd. has lost -33.26% in the last 1 Year

Grindwell Norton Ltd.

04 Apr 2025

1634.00

-0.97%

Treading on glass, the Saint-Gobain way

Business Line

Sreedhar had got a job in the Ministry of Industry just as he had graduated, much to his parents' delight as he got a pensionable job. But, to their chagrin, he quit a few months later saying the job was not for him and joined Grindwell Norton, which later came into the Saint-Gobain fold

Grindwell Norton Ltd. has an average target of 1739.00 from 1 broker.

Grindwell Norton Ltd.

14 Feb 2025

1634.00

-0.97%

Grindwell Norton (GWN IN) Q3FY25 Result Update Soft...

Accumulate: Grindwell Norton Ltd.

Recommendation Target

Prabhudas Lilladhar

We revise our FY26/27E EPS estimates by -13.6%/-14.8% factoring in possibility of intense Chinese dumping impacting revenue, and slower exports. We downgrade the rating to Accumulate' from Buy', with a revised TP of Rs1,890 (Rs Rs2,511 earlier). Grindwell Norton (GWN) reported a muted quarter with revenue growing by 6.5% YoY and EBITDA margin declining by 180bps to 17.6%. During 9MFY25, Abrasives segment revenue grew by 5.1% YoY to Rs10.4bn while EBIT margin dipped to 12.8% (vs 13.8% in 9MFY25). Growth in abrasives will be driven by demand for high-productivity solutions in steel and...