Grindwell Norton Profile
Key Indicators
- Authorised Capital ₹ 66.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 55.36 Cr
as on 16-11-2024
- Company Age 74 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 33.98 Cr
as on 16-11-2024
- Satisfied Charges ₹ 277.68 Cr
as on 16-11-2024
- Revenue 17.55%
(FY 2023)
- Profit 17.68%
(FY 2023)
- Ebitda 19.32%
(FY 2023)
- Net Worth 14.47%
(FY 2023)
- Total Assets 11.56%
(FY 2023)
About Grindwell Norton
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 506076 and on the National Stock Exchange(NSE) under GRINDWELL.
The Corporate was formerly known as Grindwell Abrasives Limited. The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 66.00 Cr and a paid-up capital of Rs 55.36 Cr.
The company currently has active open charges totaling ₹33.98 Cr. The company has closed loans amounting to ₹277.68 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Grindwell Norton Limited India are Hari Singudasu as CFO and Krishnaswamy Visweswaran as Company Secretary. Archana Hingorani, Subodh Nadkarni, Santhanam, and Six other members serve as directors at the Company.
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Grindwell Norton Limited offer?
Grindwell Norton Limited offers a wide range of products and services, including Packaging Films & Foils, Protective Film, Abrasives & Grains, Abrasive Wheels, Saw Blades & Grinding Wheels, Grinding Wheels, Drills, Grinders, Saws & Power Tools, Electric Cutting Tools, Abrasive Tool, Abrasive Belts.
Who are the key members and board of directors at Grindwell Norton?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Santhanam  | Managing Director | 24-Jul-2020 | Current |
| Hari Singudasu | CFO | 29-Jan-2024 | Current |
| Krishnaswamy Visweswaran | Company Secretary | 07-Jun-2006 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Venugopal Shanbhag | Whole-Time Director | 07-Jun-2024 | Current |
| Sreedhar Natarajan | Director | 25-Jul-2019 | Current |
David Molho  | Director | 12-Oct-2021 | Current |
| Archana Hingorani | Director | 25-Jul-2019 | Current |
| Subodh Nadkarni | Director | 24-Jul-2020 | Current |
Jeanclaude Lasserre  | Director | 04-Aug-2023 | Current |
Financial Performance of Grindwell Norton.
Grindwell Norton Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.55% increase. The company also saw a substantial improvement in profitability, with a 17.68% increase in profit. The company's net worth Soared by an impressive increase of 14.47%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Grindwell Norton?
In 2023, Grindwell Norton had a promoter holding of 58.04% and a public holding of 41.96%. The company had 1 Subsidiary and 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Saint-Gobain Sekurit India LimitedActive 51 years 2 monthsSanthanam and Venugopal Shanbhag are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Citi Bank N.A. Creation Date: 30 Jun 2017 | ₹9.00 Cr | Open |
Yes Bank Limited Creation Date: 06 Feb 2007 | ₹12.49 Cr | Open |
Yes Bank Limited Creation Date: 26 Dec 2006 | ₹12.49 Cr | Open |
How Many Employees Work at Grindwell Norton?
Grindwell Norton has a workforce of 2282 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Grindwell Norton, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Grindwell Norton's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
