Grindwell Norton Ltd.

NSE: GRINDWELL | BSE: 506076 | ISIN: INE536A01023 | Industry: Abrasives & Bearings
| Expensive Performer
1833.3000 -8.50 (-0.46%)
NSE Jun 09, 2025 15:42 PM
Volume: 19,667
 

1833.30
-0.46%
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. is trading below its 200 day SMA of 1975.6
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