Grindwell Norton Ltd.

NSE: GRINDWELL | BSE: 506076 | ISIN: INE536A01023 | Industry: Abrasives & Bearings
| Mid-range Performer
1634.0000 -5.70 (-0.35%)
NSE Sep 23, 2025 13:09 PM
Volume: 8,117
 

1634.00
-0.35%
ICICI Securities Limited
Abrasives segment grew 11.5% YoY, | 222.85 crore in Q1FY17 vs. | 199.75 crore in Q1FY16 (our estimate: 11% YoY growth). Nonabrasives segment grew 2.5% YoY, | 113 crore in Q1FY17 vs. | 110 crore in Q1FY16 (our estimate 5% YoY growth). Abrasives' segment contributed ~66.5% of topline, while the Ceramics & Plastics' segment contributed 25.5% to the topline Absolute EBITDA came in at | 50.4 crore vs. our estimate of | 51 crore. EBITDA margins came in at 16.2% vs. 15.5% in Q1FY16 (Idirect estimate: 15.5%) on account of lower power and other expenditure costs during Q1FY17...
Grindwell Norton Ltd. has lost -31.25% in the last 1 Year
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