GRINDWELL quarterly results and annual financials: sales, operating profit, OPM, net profit, EPS, balance sheet, cash flow and ratios like ROCE, with YoY and QoQ growth.
Grindwell Norton Ltd reported sales of ₹884 Cr, operating profit of ₹166 Cr (OPM 19%) and net profit of ₹133 Cr for the quarter ended Sep 2026. Figures in ₹ crore, consolidated where available.
GRINDWELL quarterly results (₹ Cr)
Metric
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Sales
703
710
703
775
753
842
803
884
Expenses
579
582
574
634
614
678
646
717
Operating Profit
123
127
130
141
139
164
157
166
OPM
18%
18%
18%
18%
18%
19%
20%
19%
Other Income
18
23
24
31
19
21
25
40
Interest
2
2
2
2
2
2
1
2
Depreciation
23
25
26
26
27
26
27
27
Profit before tax
116
123
126
143
128
158
154
178
Tax
24%
24%
25%
25%
26%
24%
25%
25%
Net Profit
88
93
94
107
96
119
115
133
EPS in Rs
7.84
8.36
8.53
9.65
8.6
10.72
10.43
11.99
GRINDWELL profit & loss, annual (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
TTM
Sales
2,013
2,541
2,687
2,812
3,073
3,282
Expenses
1,612
2,040
2,167
2,297
2,497
2,656
Operating Profit
400
501
520
515
576
626
OPM
20%
20%
19%
18%
19%
19%
Other Income
53
53
67
79
93
105
Interest
4
8
8
9
8
7
Depreciation
53
60
71
93
105
107
Profit before tax
396
486
508
492
555
618
Tax
25%
26%
24%
25%
25%
-
Net Profit
295
362
384
371
417
463
EPS in Rs
26.7
32.69
34.65
33.3
37.54
41.74
Dividend Payout
45%
44%
49%
51%
51%
-
GRINDWELL balance sheet (₹ Cr)
Metric
Mar 2024
Mar 2025
Sep 2025
Mar 2026
Sep 2026
Equity Capital
55
55
55
55
55
Reserves
2,000
2,200
2,226
2,479
2,547
Borrowings
83
84
80
61
56
Other Liabilities
628
716
780
840
909
Total Liabilities
2,766
3,055
3,142
3,436
3,567
Fixed Assets
756
886
883
887
867
CWIP
128
26
51
52
48
Investments
689
892
927
999
1,018
Other Assets
1,193
1,251
1,281
1,498
1,633
Total Assets
2,766
3,055
3,142
3,436
3,567
GRINDWELL cash flows (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
Cash from Operating Activity
187
393
368
458
542
Cash from Investing Activity
-54
-251
-184
-159
-244
Cash from Financing Activity
-114
-140
-175
-221
-215
Net Cash Flow
19
1
9
78
83
Free Cash Flow
67
72
199
366
424
CFO/OP
72%
103%
97%
111%
118%
CFO/EBITDAShare of operating profit converting into cash: CFO (before tax) / Operating Profit