Results Snapshot
Figures in Cr
Consolidated - Balance Sheet Results
Mar'26
Mar'25
Mar'24
Mar'23
Mar'22
Mar'21
EQUITY AND LIABILITIES
No of Months
12
12
12
12
12
12
Share Capital
55.36
55.36
55.36
55.36
55.36
55.36
Share Warrants & Outstandings
Total Reserve
2,479.39
2,200.14
1,999.91
1,750.45
1,513.10
1,309.46
Shareholder's Funds
2,534.75
2,255.50
2,055.27
1,805.81
1,568.46
1,364.82
Minority Interest
15.18
14.05
11.50
11.08
11.56
12.13
Long-Term Borrowings
0.00
1.01
6.36
3.95
0.00
0.00
Secured Loans
0.00
0.00
0.00
3.95
0.00
0.00
Unsecured Loans
0.00
1.01
6.36
0.00
0.00
0.00
Deferred Tax Assets / Liabilities
40.24
34.17
18.09
9.88
12.09
16.71
Other Long Term Liabilities
45.25
63.88
54.42
25.92
8.56
6.98
Long Term Trade Payables
0.00
0.00
0.00
0.00
0.00
0.00
Long Term Provisions
47.69
50.20
49.62
52.02
26.77
25.91
Total Non-Current Liabilities
133.18
149.26
128.49
91.77
47.43
49.60
Current Liabilities
Trade Payables
514.32
425.28
362.37
279.23
327.70
311.79
Other Current Liabilities
201.13
175.49
161.18
178.68
133.46
101.10
Short Term Borrowings
1.01
6.31
11.69
13.59
2.15
0.00
Short Term Provisions
36.15
28.69
35.11
25.77
25.14
22.63
Total Current Liabilities
752.61
635.78
570.35
497.27
488.46
435.51
Total Liabilities
3,435.72
3,054.59
2,765.61
2,405.92
2,115.91
1,862.07
ASSETS
Non-Current Assets
0.00
0.00
0.00
0.00
0.00
0.00
Gross Block
1,334.56
1,262.31
1,068.16
873.83
674.33
616.97
Less: Accumulated Depreciation
518.46
466.23
392.51
339.02
301.42
259.03
Less : Impairment of Assets
0.00
0.00
0.00
0.00
0.00
0.00
Net Block
816.10
796.08
675.65
534.82
372.91
357.94
Lease Adjustment
0.00
0.00
0.00
0.00
0.00
0.00
Capital Work in Progress
51.16
25.42
127.46
123.53
66.24
24.00
Intangible assets under development
0.47
0.61
0.32
0.67
0.87
0.00
Pre-operative Expenses pending
0.00
0.00
0.00
0.00
0.00
0.00
Assets in transit
0.00
0.00
0.00
0.00
0.00
0.00
Non Current Investments
331.01
275.64
242.09
206.84
200.47
191.97
Long Term Loans & Advances
52.62
63.44
51.96
74.50
58.58
28.92
Other Non Current Assets
1.58
1.84
14.78
36.18
26.43
0.29
Total Non-Current Assets
1,323.61
1,252.68
1,192.29
1,027.42
738.12
615.19
Current Assets Loans & Advances
Current Investments
668.14
615.86
447.26
435.23
330.25
521.40
Inventories
481.46
489.88
487.61
463.94
447.61
322.54
Sundry Debtors
396.77
362.43
357.46
280.20
236.87
201.84
Cash and Bank
490.06
264.64
213.05
139.02
277.99
129.94
Other Current Assets
9.47
5.91
6.28
4.85
13.26
11.48
Short Term Loans and Advances
66.21
63.19
61.67
55.25
71.80
59.68
Total Current Assets
2,112.11
1,801.91
1,573.32
1,378.50
1,377.79
1,246.88
Net Current Assets (Including Current Investments)
1,359.50
1,166.13
1,002.97
881.23
889.33
811.37
Total Current Assets Excluding Current Investments
1,443.97
1,186.05
1,126.06
943.28
1,047.53
725.48
Miscellaneous Expenses not written off
0.00
0.00
0.00
0.00
0.00
0.00
Total Assets
3,435.72
3,054.59
2,765.61
2,405.92
2,115.91
1,862.07
Contingent Liabilities
55.79
55.62
46.74
33.18
63.67
31.33
Total Debt
1.01
7.32
18.05
17.54
2.15
0.00
Book Value per share (adjusted)
228.63
203.41
185.33
162.79
141.36
122.97
Balance Sheet Analysis Highlights
Borrowings
YoY Growth in year ended Mar 2026 is -86.20% vs -59.45% in Mar 2025
Other Long Term Liabilities
YoY Growth in year ended Mar 2026 is -29.16% vs 17.38% in Mar 2025
Fixed Assets
YoY Growth in year ended Mar 2026 is 5.57% vs 2.29% in Mar 2025
Investments
YoY Growth in year ended Mar 2026 is 20.09% vs 13.86% in Mar 2025
Current Assets
YoY Growth in year ended Mar 2026 is 17.22% vs 14.53% in Mar 2025
Compare Balance Sheet Results of Grindwell Norton
Figures in Cr
Consolidated - Balance Sheet Results
Change(INR)
Change(%)
No of Months
12
12
EQUITY AND LIABILITIES
Share Capital
55.36
75.22
-19.86
-26.40%
Share Warrants & Outstandings
Total Reserve
2,479.39
2,839.36
-359.97
-12.68%
Shareholder's Funds
2,534.75
2,914.57
-379.82
-13.03%
Minority Interest
15.18
0.00
15.18
0.00%
Long-Term Borrowings
0.00
0.00
0.00
0.00%
Secured Loans
0.00
0.00
0.00
0.00%
Unsecured Loans
0.00
0.00
0.00
0.00%
Deferred Tax Assets / Liabilities
40.24
35.37
4.87
13.77%
Other Long Term Liabilities
45.25
41.84
3.41
8.15%
Long Term Trade Payables
0.00
0.00
0.00
0.00%
Long Term Provisions
47.69
11.00
36.69
333.55%
Total Non-Current Liabilities
133.18
88.21
44.97
50.98%
Current Liabilities
Trade Payables
514.32
610.45
-96.13
-15.75%
Other Current Liabilities
201.13
72.78
128.35
176.35%
Short Term Borrowings
1.01
0.00
1.01
0.00%
Short Term Provisions
36.15
13.40
22.75
169.78%
Total Current Liabilities
752.61
696.63
55.98
8.04%
Total Liabilities
3,435.72
3,699.41
-263.69
-7.13%
ASSETS
Non-Current Assets
0.00
0.00
0.00
0.00%
Gross Block
1,334.56
2,036.42
-701.86
-34.47%
Less: Accumulated Depreciation
518.46
708.02
-189.56
-26.77%
Less : Impairment of Assets
0.00
0.00
0.00
0.00%
Net Block
816.10
1,328.40
-512.30
-38.57%
Lease Adjustment
0.00
0.00
0.00
0.00%
Capital Work in Progress
51.16
100.72
-49.56
-49.21%
Intangible assets under development
0.47
0.00
0.47
0.00%
Pre-operative Expenses pending
0.00
0.00
0.00
0.00%
Assets in transit
0.00
0.00
0.00
0.00%
Non Current Investments
331.01
10.15
320.86
3,161.18%
Long Term Loans & Advances
52.62
83.25
-30.63
-36.79%
Other Non Current Assets
1.58
2.38
-0.80
-33.61%
Total Non-Current Assets
1,323.61
1,633.22
-309.61
-18.96%
Current Assets Loans & Advances
Current Investments
668.14
50.72
617.42
1,217.31%
Inventories
481.46
788.26
-306.80
-38.92%
Sundry Debtors
396.77
811.26
-414.49
-51.09%
Cash and Bank
490.06
275.44
214.62
77.92%
Other Current Assets
9.47
8.27
1.20
14.51%
Short Term Loans and Advances
66.21
132.23
-66.02
-49.93%
Total Current Assets
2,112.11
2,066.19
45.92
2.22%
Net Current Assets (Including Current Investments)
1,359.50
1,369.56
-10.06
-0.73%
Total Current Assets Excluding Current Investments
1,443.97
2,015.46
-571.49
-28.36%
Miscellaneous Expenses not written off
0.00
0.00
0.00
0.00%
Total Assets
3,435.72
3,699.41
-263.69
-7.13%
Contingent Liabilities
55.79
182.40
-126.61
-69.41%
Total Debt
1.01
0.00
1.01
0.00%
Book Value per share (adjusted)
228.63
387.48
-158.85
-41.00%
Annual - Borrowings
Borrowings 1.01 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is -86.20% vs -59.45% in Mar 2025
Annual - Other Long Term Liabilities
Other Long Term Liabilities 45.25 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is -29.16% vs 17.38% in Mar 2025
Annual - Fixed Assets
Fixed Assets 867.26 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 5.57% vs 2.29% in Mar 2025
Annual - Investments
Investments 331.01 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 20.09% vs 13.86% in Mar 2025
Annual - Current Assets
Current Assets 2,112.11 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 17.22% vs 14.53% in Mar 2025






