Why is Grindwell Norton Ltd. ?
1
Poor long term growth as Net Sales has grown by an annual rate of 14.83% and Operating profit at 17.61% over the last 5 years
2
Flat results in Sep 25
- DEBTORS TURNOVER RATIO(HY) Lowest at 0.71 times
3
With ROE of 16.7, it has a Very Expensive valuation with a 7.7 Price to Book Value
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -27.01%, its profits have risen by 1.7% ; the PEG ratio of the company is 27.3
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Industrial Products)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Grindwell Norton for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Grindwell Norton
-27.41%
-0.80
33.72%
Sensex
4.25%
0.45
11.83%
Quality key factors
Factor
Value
Sales Growth (5y)
14.83%
EBIT Growth (5y)
17.61%
EBIT to Interest (avg)
67.47
Debt to EBITDA (avg)
0.10
Net Debt to Equity (avg)
-0.33
Sales to Capital Employed (avg)
1.29
Tax Ratio
24.69%
Dividend Payout Ratio
51.05%
Pledged Shares
0
Institutional Holding
24.76%
ROCE (avg)
33.86%
ROE (avg)
19.36%
Valuation Key Factors 
Factor
Value
P/E Ratio
46
Industry P/E
51
Price to Book Value
7.68
EV to EBIT
39.86
EV to EBITDA
32.17
EV to Capital Employed
11.01
EV to Sales
5.80
PEG Ratio
27.32
Dividend Yield
1.07%
ROCE (Latest)
27.61%
ROE (Latest)
16.68%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
Bullish
Bollinger Bands
Sideways
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
No Trend
No Trend
OBV
No Trend
No Trend
Technical Movement
9What is working for the Company
OPERATING CF(Y)
Highest at Rs 458.49 Cr
DPR(Y)
Highest at 51.05%
NET SALES(Q)
Highest at Rs 774.74 cr
PBDIT(Q)
Highest at Rs 140.67 cr.
PBT LESS OI(Q)
Highest at Rs 112.26 cr.
PAT(Q)
Highest at Rs 106.88 cr.
EPS(Q)
Highest at Rs 9.65
-4What is not working for the Company
DEBTORS TURNOVER RATIO(HY)
Lowest at 0.71 times
Loading Valuation Snapshot...
Here's what is working for Grindwell Norton
Operating Cash Flow - Annually
Highest at Rs 458.49 Cr
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (Rs Cr)
Net Sales - Quarterly
Highest at Rs 774.74 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 140.67 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 112.26 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 106.88 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 9.65
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)
Dividend Payout Ratio (DPR) - Annually
Highest at 51.05%
in the last five yearsMOJO Watch
Company is distributing higher proportion of profits generated as dividend
DPR (%)
Here's what is not working for Grindwell Norton
Debtors Turnover Ratio- Half Yearly
Lowest at 0.71 times and Fallen
each half year in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio
Non Operating Income - Quarterly
Highest at Rs 30.99 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income






