GRINDWELL NORTON LIMITED

GRINDWELL NORTON LIMITED is a Public company incorporated on July 31, 1950. It is classified as a Company limited by shares and is registered at Registrar of Companies, ROC Mumbai.

The authorized share capital is ₹66 Cr and its paid-up capital is ₹55.36 Cr.

Current status of the company is Active and its registered office is at 5TH LEVEL, LEELA BUSINESS PARK, ANDHERI-KURLA ROAD MAROL, ANDHERI EAST,MUMBAI,Mumbai City,Maharashtra,400059-India.

Financial Overview

MARKET PRICE • LIVE

₹1,921

Source: Screener.in ↗

M.Cap: ₹21,287 Cr

P/E

51.2

Book Value

₹229

ROCE

22.7%

ROE

17.4%

High/Low

₹2,003/N/A

Div Yield

0.99%

Qtrly Sales

₹ 842 Cr

Qtrly OPM

19%

Qtrly Net Profit

₹ 119 Cr

Strengths

Company has reduced debt.
Company is almost debt free.
Company has been maintaining a healthy dividend payout of 50.2%

Weaknesses

Stock is trading at 8.39 times its book value
Working capital days have increased from 62.3 days to 103 days

Auth. Capital

₹66 Cr

Paid-Up Capital

₹55.36 Cr

Company Details

Legal Name	GRINDWELL NORTON LIMITED
Incorporation	July 31, 1950
Category	Public / Company limited by shares
ROC	ROC Mumbai
Registration	008163
Address	5TH LEVEL, LEELA BUSINESS PARK, ANDHERI-KURLA ROAD MAROL, ANDHERI EAST,MUMBAI,Mumbai City,Maharashtra,400059-India