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Grindwell Norton Ltd

NSE:GRINDWELLIndustrialsNSE:NIFTY_MICROCAP250NSE:NIFTY_TOTAL_MKT

₹1,826.80−2.82%At closeAt close · Mon 19 Oct · ≈ AED 70.58 · Market cap $2.19B · Next earnings Wed 4 Nov

Ratio	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026	Current · undated	YoY
Gross margin	55.6%	55.2%	53.7%	54.5%	54.2%	38.9%	—	—
Operating margin	42.5%	42.0%	41.6%	42.0%	41.8%	15.3%	15.3%	+0.0 pts
Net margin	14.6%	14.7%	14.2%	14.3%	13.1%	13.5%	13.5%	+0.0 pts
EBITDA margin	19.2%	19.5%	19.7%	18.8%	17.6%	21.8%	—	—
Return on equity	17.5%	18.8%	20.0%	18.7%	16.3%	16.4%	16.3%	−0.1 pts
Return on assets	12.8%	14.0%	15.0%	13.9%	12.1%	12.1%	12.1%	+0.0 pts
Return on capital employed	48.7%	52.1%	55.2%	51.3%	48.6%	17.5%	—	—
Debt / equity	0.0×	0.0×	0.0×	0.0×	0.0×	0.0×	0.0×	−0.6%
Debt / assets	0.7%	0.7%	2.1%	3.0%	2.7%	1.8%	—	—
Interest coverage	203.4×	205.4×	135.5×	145.3×	125.8×	57.5×	—	—
Current ratio	2.9×	2.8×	2.8×	2.8×	2.8×	2.8×	2.8×	+0.0%
Quick ratio	2.1×	1.9×	1.8×	1.9×	2.1×	2.2×	—	—
Cash ratio	0.0×	0.1×	0.1×	0.1×	0.4×	0.7×	0.7×	+0.0%
Asset turnover	0.9×	1.0×	1.1×	1.0×	0.9×	0.9×	—	—
Inventory turnover	2.3×	2.0×	2.5×	2.5×	2.6×	3.9×	—	—
Receivables turnover	8.1×	8.5×	9.1×	7.5×	7.8×	7.7×	—	—
Dividend payout	34.7%	35.6%	36.7%	41.8%	51.0%	45.3%	—	—

Margins, returns, leverage and liquidityUpdated Tue 31 Mar ·

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Current snapshot ratios have no reporting date and are shown separately from fiscal periods.