Grindwell Norton Ltd.

NSE: GRINDWELL | BSE: 506076 | ISIN: INE536A01023 | Industry: Abrasives & Bearings
| Falling Comet
1467.9000 -6.60 (-0.45%)
NSE Aug 14, 2025 15:31 PM
Volume: 40,094
 

1467.90
-0.45%
ICICI Securities Limited
Revenues came in at | 416.8 crore, up 21% YoY, below our estimates of | 395.5 crore. Abrasives, ceramics and new initiatives' segment contributed 62%, 31% and 8.5%, respectively Increased contribution from higher margin segments like ceramics and new initiatives' segment led to a strong operational performance with GNL reporting 17% EBITDA margins (vs. 16.8% in Q2FY18) for the quarter. Gross margins fell 290 bps due to cost pressure in abrasives segment of the business. Employee expenses rose only...
Prabhudas Lilladhar released a Hold report for Grindwell Norton Ltd. with a price target of 1739.0 on 27 Jul, 2025.
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