GRINDWELL

Grindwell Norton Balance Sheet

₹2,020.00-0.64%
Market cap
₹22,365 crore
P/E
51.2
P/B
8.82
ROE
17.4%
Dividend yield
0.94%

As of Mar 2022, Grindwell Norton had total assets of ₹13,700 crore and borrowings of ₹1,200 crore, against shareholders' equity of ₹9,000 crore — a debt-to-equity ratio of 0.13. Borrowings rose 2,236.45% from Mar 2023.

Grindwell Norton balance sheet

As at each financial year end, newest first. H1 = half-year.

Grindwell Norton balance sheet (₹ crore)
ItemMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital50055.3655.3655.3655.36
Reserves8,5001,1701,3951,5711,799
Borrowings1,20051.3682.683.5560.71
Other liabilities3,500542620704827
Total liabilities13,7002,4102,7703,0573,438
Fixed assets6,500615811837851
Capital work in progress400100100100100
Investments2,500482554611688
Other assets4,3007238319171,031
Total assets13,7002,4102,7703,0573,438

Balance sheet ratios

Debt to equity
0.13

Source: Company filings (consolidated), in ₹ crore. Data as of 7 October 2026. How this data is compiled.

Grindwell Norton balance sheet — frequently asked questions

What is the total debt of Grindwell Norton?

Grindwell Norton reported borrowings of ₹1,200 crore as of Mar 2022, compared with ₹51.36 crore as of Mar 2023.

What is Grindwell Norton's debt-to-equity ratio?

Based on the Mar 2022 balance sheet, Grindwell Norton's debt-to-equity ratio is 0.13 — borrowings of ₹1,200 crore against equity capital and reserves of ₹9,000 crore.

What are Grindwell Norton's total assets?

Grindwell Norton's total assets were ₹13,700 crore as of Mar 2022, including fixed assets of ₹6,500 crore and investments of ₹2,500 crore.

Same Data For Peers

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Figures are for information only and are not investment advice or a recommendation to buy, sell or hold any security. Investments in securities are subject to market risks; read all related documents carefully before investing.