Grindwell Norton Ltd.

NSE: GRINDWELL | BSE: 506076 | ISIN: INE536A01023 | Industry: Abrasives & Bearings
| Expensive Performer
1686.1000 -46.10 (-2.66%)
NSE Apr 30, 2025 15:31 PM
Volume: 23,533
 

1686.10
-2.66%
ICICI Securities Limited
Revenues came in strong at | 383.5 crore, up 17.5% YoY, above our estimate of | 374.8 crore. This was on account of the better performance in ceramics and new initiatives' segment. These segments grew 16.8% and 42.1%, respectively. New initiatives segment contributed 9.3% to the topline EBITDA margins came in at 18.9% vs. 16.2% in Q4FY17 (our estimate: 15.9%). This was due to improving utilisation in all three segments. Gross margins dropped 240 bps YoY. However, employee...
Grindwell Norton Ltd. has lost -20.14% in the last 6 Months
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