Grindwell Norton Ltd.

NSE: GRINDWELL | BSE: 506076 | ISIN: INE536A01023 | Industry: Abrasives & Bearings
| Expensive Star
2162.1000 -65.90 (-2.96%)
NSE Jun 29, 2026 13:18 PM
Volume: 51,056
 

2162.10
-2.96%
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%...
Grindwell Norton has gained 28.04% in the last 1 Year
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