Why is Grindwell Norton Ltd. ?
1
High Management Efficiency with a high ROE of 18.06%
2
The company is Net-Debt Free
3
Positive results in Jun 26
- OPERATING CF(Y) Highest at Rs 542.14 Cr
- PAT(Latest six months) At Rs 234.25 cr has Grown at 25.27%
- CASH AND CASH EQUIVALENTS(HY) Highest at Rs 490.06 cr
4
High Institutional Holdings at 24.8%
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
5
Market Beating Performance
- The stock has generated a return of 39.51% in the last 1 year, much higher than market (BSE500) returns of 2.91%
How much should you buy?
- Overall Portfolio exposure to Grindwell Norton should be less than 10%
- Overall Portfolio exposure to Industrial Products should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Industrial Products)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Grindwell Norton for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Grindwell Norton
39.51%
1.05
37.50%
Sensex
-3.2%
-0.24
13.59%
Quality key factors
Factor
Value
Sales Growth (5y)
11.46%
EBIT Growth (5y)
8.07%
EBIT to Interest (avg)
61.94
Debt to EBITDA (avg)
0.11
Net Debt to Equity (avg)
-0.43
Sales to Capital Employed (avg)
1.29
Tax Ratio
25.01%
Dividend Payout Ratio
50.61%
Pledged Shares
0
Institutional Holding
24.80%
ROCE (avg)
33.40%
ROE (avg)
18.06%
Valuation Key Factors 
Factor
Value
P/E Ratio
53
Industry P/E
57
Price to Book Value
9.07
EV to EBIT
44.20
EV to EBITDA
36.42
EV to Capital Employed
15.23
EV to Sales
6.90
PEG Ratio
2.94
Dividend Yield
0.92%
ROCE (Latest)
32.60%
ROE (Latest)
16.38%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Mildly Bullish
Dow Theory
No Trend
No Trend
OBV
No Trend
No Trend
Technical Movement
12What is working for the Company
OPERATING CF(Y)
Highest at Rs 542.14 Cr
PAT(Latest six months)
At Rs 234.25 cr has Grown at 25.27%
CASH AND CASH EQUIVALENTS(HY)
Highest at Rs 490.06 cr
PBT LESS OI(Q)
At Rs 129.55 cr has Grown at 26.96%
-1What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Loading Valuation Snapshot...
Here's what is working for Grindwell Norton
Operating Cash Flow - Annually
Highest at Rs 542.14 Cr and Grown
each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 129.55 cr has Grown at 26.96%
Year on Year (YoY)MOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 115.51 cr has Grown at 22.3%
Year on Year (YoY)MOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Cash and Cash Equivalents - Half Yearly
Highest at Rs 490.06 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents






