Alerts will be sent to your verified email
Verify EmailGRINDWELL
Balance sheet of Grindwell Norton is strong.
It shouldn't have solvency or liquidity issues.
Yes, The net debt of Grindwell Norton is increasing.
Latest net debt of Grindwell Norton is -₹257.32 Crs as of Mar-25.
This is greater than Mar-24 when it was -₹408.04 Crs.
The profit is oscillating.
The profit of Grindwell Norton is ₹370 Crs for TTM, ₹384 Crs for Mar 2024 and ₹362 Crs for Mar 2023.
The company seems to pay a good stable dividend.
Grindwell Norton latest dividend payout ratio is 49.06% and 3yr average dividend payout ratio is 46.12%
Companies resources are allocated to majorly productive assets like Plant & Machinery