Company Grindwell Norton Limited

Equities

GRINDWELL

INE536A01023

Industrial Machinery & Equipment

Market Closed - Bombay S.E. 03:30:50 26/04/2024 pm IST 5-day change 1st Jan Change
2,088 INR -0.42% Intraday chart for Grindwell Norton Limited +2.40% -10.22%

Business Summary

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.

Number of employees: 2,322

Sales per Business

INR in Million2022Weight2023Weight Delta
Abrasives
50.2 %
11,356 56.4 % 12,751 50.2 % +12.28%
Ceramics & Plastics
40.7 %
7,012 34.8 % 10,351 40.7 % +47.61%
Digital Services
6.5 %
1,362 6.8 % 1,659 6.5 % +21.80%
Others
2.6 %
397 2.0 % 653 2.6 % +64.36%

Sales per region

INR in Million2022Weight2023Weight Delta
India
82.2 %
16,744 83.2 % 20,881 82.2 % +24.71%
International
17.8 %
3,384 16.8 % 4,532 17.8 % +33.93%

Managers

Managers TitleAgeSince
Chief Executive Officer 67 04/20/04
Compliance Officer 54 07/06/07
Director/Board Member - 23/17/23
Sales & Marketing 49 -
Human Resources Officer 50 01/17/01

Members of the board

Members of the board TitleAgeSince
Director/Board Member 56 01/19/01
Chief Executive Officer 67 04/20/04
Chairman 78 26/12/26
Compliance Officer 54 07/06/07
Director/Board Member 68 25/19/25
Director/Board Member - 30/22/30
Director/Board Member - 24/23/24
Director/Board Member - 12/21/12
Director/Board Member 54 04/19/04
Director/Board Member - 23/17/23

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 110,720,000 46,301,414 ( 41.82 %) 0 41.82 %

Shareholders

NameEquities%Valuation
57,128,000 51.60 % 1 301 M ₹
UTI Asset Management Co. Ltd. (Investment Management)
5.622 %
6,224,298 5.622 % 142 M ₹
SBI Funds Management Ltd.
3.644 %
4,035,150 3.644 % 92 M ₹
Axis Asset Management Co. Ltd.
2.435 %
2,696,225 2.435 % 61 M ₹
1,889,115 1.706 % 43 M ₹
Sundaram Asset Management Co. Ltd.
1.396 %
1,545,925 1.396 % 35 M ₹
1,482,515 1.339 % 34 M ₹
Nippon Life India Asset Management Ltd. (Invt Mgmt)
1.274 %
1,410,071 1.274 % 32 M ₹
HSBC Asset Management (India) Pvt Ltd.
1.097 %
1,214,665 1.097 % 28 M ₹
1,057,028 0.9547 % 24 M ₹

Company contact information

Grindwell Norton Ltd.

Leela Business Park Andheri-Kurla Road, Marol

400059, Mumbai

+91 22 4021 2121

http://www.grindwellnorton.co.in
address Grindwell Norton Limited(GRINDWELL)
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