Nifty
Sensex
:
:
23250.10
76295.36
-82.25 (-0.35%)
-322.08 (-0.42%)

Abrasives

Rating :
N/A

BSE: 506076 | NSE: GRINDWELL

1907.90
06-Feb-2025
  • Open
  • High
  • Low
  • Previous Close
  •  1878.40
  •  1919.80
  •  1868.20
  •  1880.15
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  16696
  •  317.77
  •  2960.00
  •  1356.05

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 18,311.43
  • 49.65
  • 5
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 18,149.97
  • 1.03%
  • 8.55

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 58.03%
  • 1.32%
  • 11.42%
  • FII
  • DII
  • Others
  • 6.97%
  • 17.88%
  • 4.38%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 9.00
  • 11.21
  • 10.11

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 11.18
  • 14.46
  • 5.42

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 14.03
  • 16.02
  • 9.07

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 49.12
  • 61.85
  • 64.25

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 9.07
  • 10.99
  • 12.52

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 30.85
  • 37.16
  • 41.45

Earnings Forecasts:

Description
2024
2025
2026
2027
Adj EPS
34.65
37.1
44.37
51.46
P/E Ratio
60.44
56.45
47.2
40.7
Revenue
2669
2990
3379
3857
EBITDA
519
578
671
775
Net Income
384
419
491
570
ROA
14.8
17.2
18.8
20
P/B Ratio
11.28
10.28
9.17
8.15
ROE
19.87
19.06
20.39
21.26
FCFF
209.06
268.25
376.09
447.52
FCFF Yield
0.93
1.2
1.68
2

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Dec 24
Dec 23
Var%
Sep 24
Sep 23
Var%
Jun 24
Jun 23
Var%
Mar 24
Mar 23
Var%
Net Sales
702.61
659.94
6.47%
693.87
667.40
3.97%
705.60
668.35
5.57%
691.08
664.80
3.95%
Expenses
579.16
532.13
8.84%
564.63
535.97
5.35%
572.46
533.15
7.37%
566.08
535.51
5.71%
EBITDA
123.44
127.81
-3.42%
129.24
131.43
-1.67%
133.14
135.20
-1.52%
125.00
129.29
-3.32%
EBIDTM
17.57%
19.37%
18.63%
19.69%
18.87%
20.23%
18.09%
19.45%
Other Income
17.95
13.83
29.79%
23.41
22.59
3.63%
15.77
14.60
8.01%
17.29
21.16
-18.29%
Interest
2.10
1.92
9.38%
2.29
1.81
26.52%
2.46
2.16
13.89%
1.87
1.84
1.63%
Depreciation
23.49
17.61
33.39%
22.82
16.92
34.87%
21.44
16.69
28.46%
19.66
15.29
28.58%
PBT
115.80
121.75
-4.89%
127.54
135.29
-5.73%
125.01
130.95
-4.54%
120.76
133.32
-9.42%
Tax
28.19
30.30
-6.96%
30.42
33.09
-8.07%
32.04
33.39
-4.04%
27.60
34.40
-19.77%
PAT
87.62
91.45
-4.19%
97.12
102.20
-4.97%
92.97
97.56
-4.70%
93.16
98.92
-5.82%
PATM
12.47%
13.86%
14.00%
15.31%
13.18%
14.60%
13.48%
14.88%
EPS
7.84
8.32
-5.77%
8.69
9.20
-5.54%
8.42
8.76
-3.88%
8.36
8.96
-6.70%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Net Sales
2,793.16
2,686.77
2,541.34
2,012.76
1,637.92
1,579.57
1,598.06
1,430.98
1,263.36
1,150.57
1,135.37
Net Sales Growth
4.99%
5.72%
26.26%
22.89%
3.69%
-1.16%
11.68%
13.27%
9.80%
1.34%
 
Cost Of Goods Sold
1,264.83
1,206.65
1,161.68
889.94
720.83
712.96
709.53
623.54
554.42
494.23
481.72
Gross Profit
1,528.33
1,480.12
1,379.66
1,122.82
917.09
866.60
888.53
807.43
708.94
656.34
653.65
GP Margin
54.72%
55.09%
54.29%
55.79%
55.99%
54.86%
55.60%
56.42%
56.12%
57.04%
57.57%
Total Expenditure
2,282.33
2,167.33
2,043.39
1,613.86
1,322.71
1,315.14
1,326.25
1,184.09
1,070.25
967.06
955.40
Power & Fuel Cost
-
125.52
115.81
85.15
67.55
83.76
81.78
70.01
60.95
68.15
76.21
% Of Sales
-
4.67%
4.56%
4.23%
4.12%
5.30%
5.12%
4.89%
4.82%
5.92%
6.71%
Employee Cost
-
325.79
297.36
250.69
207.77
204.84
192.58
176.79
170.21
148.33
132.85
% Of Sales
-
12.13%
11.70%
12.46%
12.68%
12.97%
12.05%
12.35%
13.47%
12.89%
11.70%
Manufacturing Exp.
-
274.79
260.54
229.33
194.95
197.26
211.12
192.41
167.93
146.83
140.64
% Of Sales
-
10.23%
10.25%
11.39%
11.90%
12.49%
13.21%
13.45%
13.29%
12.76%
12.39%
General & Admin Exp.
-
129.47
113.37
92.91
70.07
73.41
86.45
78.21
79.83
62.86
51.24
% Of Sales
-
4.82%
4.46%
4.62%
4.28%
4.65%
5.41%
5.47%
6.32%
5.46%
4.51%
Selling & Distn. Exp.
-
6.99
8.42
5.23
4.70
4.13
3.07
1.69
1.17
5.71
28.44
% Of Sales
-
0.26%
0.33%
0.26%
0.29%
0.26%
0.19%
0.12%
0.09%
0.50%
2.50%
Miscellaneous Exp.
-
98.12
86.21
60.60
56.85
38.77
41.71
41.43
35.73
40.94
28.44
% Of Sales
-
3.65%
3.39%
3.01%
3.47%
2.45%
2.61%
2.90%
2.83%
3.56%
3.90%
EBITDA
510.82
519.44
497.95
398.90
315.21
264.43
271.81
246.89
193.11
183.51
179.97
EBITDA Margin
18.29%
19.33%
19.59%
19.82%
19.24%
16.74%
17.01%
17.25%
15.29%
15.95%
15.85%
Other Income
74.42
68.31
57.75
55.56
59.84
40.45
35.36
26.95
30.85
22.58
18.35
Interest
8.72
7.76
7.80
4.12
3.42
4.47
1.50
1.53
2.01
2.42
2.91
Depreciation
87.41
70.88
60.15
53.47
54.36
57.78
45.23
44.84
42.25
42.58
41.61
PBT
489.11
509.11
487.76
396.87
317.27
242.63
260.44
227.47
179.72
161.09
153.79
Tax
118.25
124.38
124.37
100.81
79.46
58.74
91.72
76.58
58.83
54.70
49.60
Tax Rate
24.18%
24.45%
25.50%
25.40%
25.04%
24.21%
35.22%
33.67%
32.73%
33.96%
32.25%
PAT
370.87
383.64
361.90
295.65
239.25
182.52
167.24
149.75
119.40
105.23
103.21
PAT before Minority Interest
368.55
383.96
361.52
295.08
237.81
183.89
168.72
150.89
120.89
106.38
104.19
Minority Interest
-2.32
-0.32
0.38
0.57
1.44
-1.37
-1.48
-1.14
-1.49
-1.15
-0.98
PAT Margin
13.28%
14.28%
14.24%
14.69%
14.61%
11.56%
10.47%
10.46%
9.45%
9.15%
9.09%
PAT Growth
-4.94%
6.01%
22.41%
23.57%
31.08%
9.14%
11.68%
25.42%
13.47%
1.96%
 
EPS
33.50
34.66
32.69
26.71
21.61
16.49
15.11
13.53
10.79
9.51
9.32

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Shareholder's Funds
2,055.27
1,805.81
1,568.46
1,364.82
1,187.33
1,097.92
990.52
893.02
763.17
615.83
Share Capital
55.36
55.36
55.36
55.36
55.36
55.36
55.36
55.36
27.68
27.68
Total Reserves
1,986.52
1,738.69
1,502.72
1,300.66
1,124.92
1,037.13
931.34
837.66
733.83
588.15
Non-Current Liabilities
128.49
91.77
47.43
49.60
48.55
44.79
43.23
44.15
30.12
41.99
Secured Loans
6.36
3.95
0.00
0.00
0.00
0.00
0.00
1.92
2.78
6.38
Unsecured Loans
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Long Term Provisions
49.62
52.02
26.77
25.91
22.97
20.32
20.35
17.28
0.00
10.79
Current Liabilities
570.35
497.27
488.46
435.51
342.29
288.72
293.02
261.49
286.03
273.79
Trade Payables
362.37
279.23
327.70
311.79
226.29
180.72
194.80
165.59
83.32
88.72
Other Current Liabilities
158.27
158.57
113.63
94.31
86.30
82.42
65.47
75.23
171.27
122.32
Short Term Borrowings
6.69
8.59
0.00
0.00
0.00
0.00
0.04
5.84
12.39
8.53
Short Term Provisions
43.01
50.87
47.13
29.42
29.70
25.59
32.71
14.84
19.05
54.22
Total Liabilities
2,765.61
2,405.93
2,115.92
1,862.06
1,591.74
1,445.29
1,339.15
1,209.90
1,089.07
940.20
Net Block
755.68
585.68
385.53
370.02
384.57
345.07
342.20
368.13
350.47
360.23
Gross Block
1,162.79
938.37
701.22
646.92
612.35
516.07
469.01
452.77
392.99
608.16
Accumulated Depreciation
407.11
352.68
315.69
276.90
227.77
171.00
126.82
84.64
42.52
247.93
Non Current Assets
1,192.29
1,027.42
738.12
615.19
602.86
586.16
562.76
534.93
513.42
424.12
Capital Work in Progress
127.78
124.21
67.11
24.00
29.12
42.97
24.52
6.21
13.58
6.73
Non Current Investment
242.09
206.84
200.47
191.97
168.81
170.51
170.80
145.49
134.94
35.15
Long Term Loans & Adv.
51.96
74.50
58.58
28.92
20.09
26.73
24.18
13.85
13.41
22.01
Other Non Current Assets
14.78
36.18
26.43
0.29
0.27
0.87
1.06
1.25
1.01
0.00
Current Assets
1,573.32
1,378.50
1,377.79
1,246.88
988.89
859.13
776.40
674.97
575.65
516.09
Current Investments
447.26
435.23
330.25
521.40
413.89
12.14
0.00
0.00
0.00
0.00
Inventories
487.61
463.94
447.61
322.54
303.34
328.58
271.89
245.58
257.95
225.05
Sundry Debtors
357.46
280.20
236.87
201.84
205.03
205.62
177.09
127.39
133.54
129.16
Cash & Bank
213.05
139.02
277.99
129.94
14.69
234.12
272.23
242.51
124.07
113.50
Other Current Assets
67.96
10.53
21.33
19.10
51.93
78.67
55.18
59.48
60.09
48.38
Short Term Loans & Adv.
47.14
49.57
63.73
52.06
38.82
52.46
44.94
40.76
45.56
41.23
Net Current Assets
1,002.97
881.23
889.33
811.37
646.59
570.40
483.37
413.48
289.62
242.30
Total Assets
2,765.61
2,405.92
2,115.91
1,862.07
1,591.75
1,445.29
1,339.16
1,209.90
1,089.07
940.21

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Cash From Operating Activity
367.94
392.60
186.58
331.28
317.58
84.54
133.89
169.81
139.20
105.51
PBT
508.33
485.90
395.89
317.20
242.64
260.44
227.47
179.72
161.09
153.79
Adjustment
29.47
38.81
33.47
25.44
39.02
30.91
29.78
35.68
37.60
40.02
Changes in Working Capital
-32.43
-8.88
-143.06
67.25
106.00
-113.46
-50.88
15.31
-10.44
-36.04
Cash after chg. in Working capital
505.37
515.82
286.30
409.89
387.65
177.90
206.36
230.71
188.25
157.77
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-137.43
-123.23
-99.72
-78.61
-70.07
-93.35
-72.47
-60.90
-49.05
-52.26
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-181.68
-260.05
-53.60
-229.58
-442.06
-53.79
-44.37
-43.80
-37.64
-30.22
Net Fixed Assets
-222.57
-296.58
-97.28
-29.31
-79.62
-64.26
-34.67
-51.39
178.86
-24.65
Net Investments
-44.86
-113.21
181.66
-130.74
-400.04
-11.85
-25.30
-10.55
-99.80
0.00
Others
85.75
149.74
-137.98
-69.53
37.60
22.32
15.60
18.14
-116.70
-5.57
Cash from Financing Activity
-174.87
-140.20
-113.88
-95.03
-95.06
-68.24
-60.29
2.89
-99.32
-45.85
Net Cash Inflow / Outflow
11.39
-7.65
19.10
6.67
-219.54
-37.48
29.23
128.90
2.23
29.44
Opening Cash & Equivalents
37.72
46.99
19.30
12.63
232.17
269.65
238.40
109.51
114.21
82.43
Closing Cash & Equivalent
49.10
39.61
38.40
19.30
12.63
232.17
270.57
238.40
116.44
111.87

Financial Ratios

Consolidated /

Standalone
Description
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Book Value (Rs.)
184.12
161.73
140.42
122.17
106.30
98.37
88.81
80.35
68.47
110.64
ROA
14.85%
15.99%
14.84%
13.77%
12.11%
12.12%
11.84%
10.52%
10.48%
11.77%
ROE
20.05%
21.61%
20.30%
18.80%
16.23%
16.28%
16.11%
14.67%
15.52%
17.86%
ROCE
26.53%
29.15%
27.32%
25.20%
21.69%
25.17%
24.30%
21.73%
23.32%
26.16%
Fixed Asset Turnover
2.62
3.16
3.05
2.63
2.80
3.24
3.15
3.23
2.48
2.05
Receivable days
42.33
36.42
39.00
44.77
47.45
43.71
38.22
34.92
38.64
31.87
Inventory Days
63.17
64.20
68.47
68.86
73.01
68.57
64.96
67.38
71.05
61.29
Payable days
97.04
95.35
131.14
136.23
59.46
54.51
59.66
45.41
33.96
31.82
Cash Conversion Cycle
8.46
5.27
-23.66
-22.61
60.99
57.77
43.52
56.89
75.74
61.34
Total Debt/Equity
0.01
0.01
0.00
0.00
0.00
0.00
0.00
0.01
0.02
0.02
Interest Cover
66.52
63.29
97.08
93.82
55.30
174.68
149.43
90.62
67.69
53.77

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.