Grindwell Norton Ltd.

NSE: GRINDWELL | BSE: 506076 | ISIN: INE536A01023 | Industry: Abrasives & Bearings
| Falling Comet
1527.3000 -13.10 (-0.85%)
NSE Aug 01, 2025 15:31 PM
Volume: 16,286
 

1527.30
-0.85%
ICICI Securities Limited
Better operating margins led by product mix, cost efficiencies Topline growth of 11.6% YoY was primarily led by ceramics & plastics segment (~34% contribution), up 18.0% to | 155.1 crore YoY. Abrasive segment (~58% contribution) grew 12% to | 265.3 crore YoY while new initiatives' segment de-grew 9.2% to | 41.2 crore YoY. Abrasive segment posted EBIT margin of 13.5%, an improvement of 170 bps YoY. While EBIT margins for ceramics and plastic segment expanded to 24.1%, YoY (vs. 12.7% in Q3FY20) and for new initiative' segment EBIT margin was at 28.5%...
Prabhudas Lilladhar released a Hold report for Grindwell Norton Ltd. with a price target of 1739.0 on 27 Jul, 2025.
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