Compliance updated on Sep 10, 2026 Screened by AAOIFI-Certified Shariah Advisor & Auditor

Financial data updated nightly

Grindwell Norton Ltd

GRINDWELL.NS ✓ COMPLIANT ☆ Track — members

NSE · Industrials · Industrial Machinery & Equipment ·

India Mid Cap Analyst: BUY

Last Close

$19.99

▲ +0.77%

Market Cap $2.22B · Vol 25.90K

Key Metrics

P/E Ratio

48.37

FWD: 40.57

Market Cap

$2.22B

Mid Cap

Div Yield

1.00%

Annual dividend

EPS Growth

+16.57%

YoY

RSI (14)

29.01

Momentum

Beta

1.28

vs Market

52W High

$25.72

21.56% below

52W Low

$13.92

40.59% above

Volume

25.90K

Avg 24.81K

P/B

5.91

Price-to-book

ROE

17.35%

Return on equity

Free Float

41.69%

Public shares

Shariah Compliance8 STANDARDS

✓ Yes, Grindwell Norton Ltd (GRINDWELL.NS) stock is Shariah compliant

AAOIFI—
Dow Jones Islamic (DJIM)—
FTSE Shariah—
MSCI Islamic—
S&P Shariah—
Al Rajhi—
Alinma—
Albilad—

Unlock the full Shariah report

See the verdict under each standard, the exact screening ratios, purification and zakat per share. AAOIFI-certified methodology trusted by global Islamic funds.

Which standards does GRINDWELL.NS pass?

The full report shows the verdict under each of the 8 major Shariah standards, with the business-activity and financial-ratio screens behind every one.

Do I need to purify my investment?

Members see the purification amount per share, updated every financial period under the AAOIFI methodology.

Can I calculate zakat for my shares?

Members get zakat per share and a built-in calculator for their exact holding.

Historical Returns

-3.38%

-9.87%

-0.37%

+24.74%

YTD

+21.97%

+17.22%

-25.06%

+31.72%

Financials & Valuation

TTM · Annual

Total Revenue	$328.83M
Net Income	$44.60M
Revenue Growth (YoY)	+14.19%
Gross Margin	40.61%
Operating Margin	15.32%
Net Profit Margin	13.56%
ROE	17.35%
ROA · ROIC	17.10% · 16.99%

P/E Ratio	48.37
Forward P/E (FY1)	40.57
PEG Ratio	2.83
P/S	4.87
P/B	5.91
P/FCF	33.80
EPS Growth	+16.57%
Outstanding Shares	110.72M

Technical Indicators

50-Day SMA	$21.55
200-Day SMA	$18.47
RSI (14)	29.01
Beta	1.28
52-Week High	$25.72
52-Week Low	$13.92

Volume Today	25.90K
Avg Daily Volume (30D)	24.81K
Relative Volume	1.04x
Volatility (10D)	17.85
Volatility (30D)	21.57
Free Float	41.69%

Analyst Consensus

BUY

Current Price $19.99

Mean Target $22.63

52W Low$13.92 52W High$25.72

Current

Target

$13.92 $25.72

Current Analyst target

+13.23% upside potential · 3 analysts

Identifiers

ExchangeNSE

FIGIBBG001S83F57

ISININE536A01023

CountryIndia

Sub-IndustryIndustrial Machinery & Equipment (NEC)

Earnings DateOct 28, 2026

TypeStocks

Instrument TypeFULLPAID Fully Paid Ordinary

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Company Profile

Grindwell Norton Limited is an India-based company, which is engaged in the manufacturing of abrasives, performance plastics and refractory products. The Company's segments include abrasives, ceramics and plastics, digital services, and others. The abrasives segment markets and manufactures a full range of bonded abrasives, coated abrasives (including non-woven abrasives), thin wheels and super abrasives. Its performance ceramics and refractories business makes ceramic and refractory products for a wide range of industrial applications. The products manufactured include silicon carbide based shaped refractory and ceramic products. Its performance plastics business produces and markets more than 800 standard and custom-made polymer products through three business divisions: engineered components, life sciences and composites. It provides various digital services, such as application development, infrastructure management, and cybersecurity to the Saint-Gobain group globally.