General information about company |
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| Scrip Code | 506076 | ||
| NSE Symbol | GRINDWELL | ||
| MSEI Symbol | NA | ||
| ISIN | INE536A01023 | ||
| Name of company | GRINDWELL NORTON LIMITED | ||
| Type of company | Main Board | ||
| Class of security | Equity | ||
| Date of start of financial year | 01-Apr-2025 | ||
| Date of end of financial year | 31-Mar-2026 | ||
| Date of board meeting when results were approved | 25-Jul-2025 | ||
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 10-Jul-2025 | ||
| Description of presentation currency | INR (in Actuals) | ||
| Reporting Type | Quarterly | ||
| Reporting Quarter | First quarter | ||
| Nature of report standalone or consolidated | Consolidated | ||
| Whether results are audited or unaudited for the quarter ended | Unaudited | ||
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | |||
| Segment Reporting | Multi segment | ||
| Description of single segment | |||
| Start date and time of board meeting | 25-Jul-2025 12:30:00 | ||
| End date and time of board meeting | 25-Jul-2025 13:40:00 | ||
| Whether cash flow statement is applicable on company | |||
| Type of cash flow statement | |||
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion | ||
Financial Results Ind-AS |
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| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
| A | Date of start of reporting period | 01-Apr-2025 | |
| B | Date of end of reporting period | 30-Jun-2025 | |
| C | Whether results are audited or unaudited | Unaudited | |
| D | Nature of report standalone or consolidated | Consolidated | |
| Part I | Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column. | ||
| 1 | Income | ||
| Revenue from operations | 7034557000 | ||
| Other income | 238250000 | ||
| Total income | 7272807000 | ||
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 2388314000 | |
| (b) | Purchases of stock-in-trade | 1102166000 | |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | -296468000 | |
| (d) | Employee benefit expense | 851655000 | |
| (e) | Finance costs | 21649000 | |
| (f) | Depreciation, depletion and amortisation expense | 259134000 | |
| (f) | Other Expenses | ||
| 1 | Other Expenses | 1689998000 | 1689998000 |
| Total other expenses | 1689998000 | ||
| Total expenses | 6016448000 | ||
| 3 | Total profit before exceptional items and tax | 1256359000 | |
| 4 | Exceptional items | 0 | |
| 5 | Total profit before tax | 1256359000 | |
| 6 | Tax expense | ||
| 7 | Current tax | 316036000 | |
| 8 | Deferred tax | -1726000 | |
| 9 | Total tax expenses | 314310000 | |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0 | |
| 11 | Net Profit Loss for the period from continuing operations | 942049000 | |
| 12 | Profit (loss) from discontinued operations before tax | 0 | |
| 13 | Tax expense of discontinued operations | 0 | |
| 14 | Net profit (loss) from discontinued operation after tax | 0 | |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 2363000 | |
| 16 | Total profit (loss) for period | 944412000 | |
| 17 | Other comprehensive income net of taxes | 34016000 | |
| 18 | Total Comprehensive Income for the period | 978428000 | |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | 944511000 | ||
| Total profit or loss, attributable to non-controlling interests | -99000 | ||
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | 978527000 | ||
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | -99000 | ||
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 553600000 | ||
| Face value of equity share capital | 5 | ||
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | ||
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | 8.53 | ||
| Diluted earnings (loss) per share from continuing operations | 8.53 | ||
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | ||
| Diluted earnings (loss) per share from discontinued operations | 0 | ||
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 8.53 | ||
| Diluted earnings (loss) per share from continuing and discontinued operations | 8.53 | ||
| 24 | Debt equity ratio | ||
| 25 | Debt service coverage ratio | ||
| 26 | Interest service coverage ratio | ||
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
Disclosure of notes on financial results |
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| Textual Information(1) | 1 The unaudited Consolidated Financial Results for the quarter ended June 30 2025 consolidated financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on July 25 2025. The Statutory Auditors of Grindwell Norton Limited the Company or the Parent Company have carried out a limited review of the above consolidated financial results. These nconsolidated financial results are prepared and published in accordance with Regulation 33 of the SEBI Listing Obligations and Disclosure Requirements Regulations 2015 as amended. n n2 The consolidated financial results are prepared in accordance wrth the recognition and measurement principles laid down in Indian Accounting Standard 34 Interim Financial Reporting Ind AS 34 as prescribed under Section 133 of the Companies Act 2013 read with the relevant Rules issued thereunder and other accounting principles generally accepted 1n India. n n3 Figures for the quarter ended March 31 2025 are the balancing figures between audited figures for the full financial year and the published year to date figures upto third quarter of the financial year ended March 31 2025. n n4 The above consolidated financial results have been prepared in accordance with Ind AS 110 Consolidated Financial Statements. The consolidated financial results consist of the results of the Parent Company its Subsidiary namely Saint Gobain Ceramic Materials Bhutan Private Limited Joint Venture entity namely Advanced Synthetic Minerals Private Limited The Company also has an Associate namely Cleanwin Energy nThree LLP where as per the contractual terms the Company is not entitled for any share of Profit or Loss. The unaudited financial results of a Subsidiary and a Joint Venture entity for the quarter ended June 30 2025 duly certified by the Management. have been considered whilst preparing these consolidated financial results n n5 Key numbers of standalone financial results of the Company are as under: n n nParticularstQuarter endedt Year ended nt 30 06 2025 31 03 2025 30 06 2024 31 03 2025 n Unaudited Refer Note 3 t Unaudited t Audited n nTotal Incomet 71768.33 71397.57 t 70670.97 t281722.40 nProfit before taxt 12579.55 11924.59 t 12319.75 t 47864.28 nNet Profit t 9439.42 9132.78 t 9190.59 t 36083.06 n n n6 The Segment wise information as required under Regulation 33 of SEBI Listing Obligations and Disclosure Requirements Regulations 2015 as amended is furnished in Annexure I. n n7 The consolidated financial results are available on the BSE Limited website www.bseindia.com National Stock Exchange of India Limited website www.nseindia.com and on the Companys website www.grindwellnorton.co.in. n | ||
Remarks |
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| Debt equity ratio | |
| Debt service coverage ratio | |
| Interest service coverage ratio | |
Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results |
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| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
| Date of start of reporting period | 01-Apr-2025 | ||||||
| Date of end of reporting period | 30-Jun-2025 | ||||||
| Whether accounts are audited or unaudited | Unaudited | ||||||
| Nature of report standalone or consolidated | Consolidated | ||||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | Abrasives | 3515760000 | 3515760000 | ||||
| 2 | Ceramics and Plastics | 2979232000 | 2979232000 | ||||
| 3 | Digital Services | 509039000 | 509039000 | ||||
| 4 | Others | 109488000 | 109488000 | ||||
| Total Segment Revenue | 7113519000 | ||||||
| Less: Inter segment revenue | 78962000 | 78962000 | |||||
| Revenue from operations | 7034557000 | ||||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Abrasives | 451577000 | 451577000 | ||||
| 2 | Ceramics and Plastics | 518882000 | 518882000 | ||||
| 3 | Digital Services | 142913000 | 142913000 | ||||
| 4 | Others | 17364000 | 17364000 | ||||
| Total Profit before tax | 1130736000 | ||||||
| i. Finance cost | 21649000 | 21649000 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | -149635000 | -149635000 | |||||
| Profit before tax | 1258722000 | ||||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Abrasives | 7899369000 | 7899369000 | ||||
| 2 | Ceramics and Plastics | 8975799000 | 8975799000 | ||||
| 3 | Digital Services | 1255128000 | 1255128000 | ||||
| 4 | Others | 411700000 | 411700000 | ||||
| Total Segment Asset | 18541996000 | 18541996000 | |||||
| Un-allocable Assets | 13428336000 | 13428336000 | |||||
| Net Segment Asset | 31970332000 | 31970332000 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Abrasives | 2982223000 | 2982223000 | ||||
| 2 | Ceramics and Plastics | 3082140000 | 3082140000 | ||||
| 3 | Digital Services | 979253000 | 979253000 | ||||
| 4 | Others | 213326000 | 213326000 | ||||
| Total Segment Liabilities | 7256942000 | 7256942000 | |||||
| Un-allocable Liabilities | 1032192000 | 1032192000 | |||||
| Net Segment Liabilities | 8289134000 | 8289134000 | |||||
| Disclosure of notes on segments | |||||||
Other Comprehensive Income |
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| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
| A | Date of start of reporting period | 01-Apr-2025 | |
| B | Date of end of reporting period | 30-Jun-2025 | |
| C | Whether results are audited or unaudited | Unaudited | |
| D | Nature of report standalone or consolidated | Consolidated | |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Remeasurement of post employment benefits obligations Gain or loss | 7746000 | 7746000 |
| 2 | Change in fair value of equity instruments at Fair Value through Other Comprehensive Income FVOCI Gain | 81531000 | 81531000 |
| Total Amount of items that will not be reclassified to profit and loss | 89277000 | ||
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 13612000 | |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| 1 | Net Gain or Loss on Cash Flow Hedge | -55657000 | -55657000 |
| Total Amount of items that will be reclassified to profit and loss | -55657000 | ||
| 4 | Income tax relating to items that will be reclassified to profit or loss | -14008000 | |
| 5 | Total Other comprehensive income | 34016000 | |
Details of Impact of Audit Qualification |
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| Whether results are audited or unaudited | Unaudited |
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Auditor's opinion | |
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results | Yes |
| Sr No. | Audit firm's name | Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI | Certificate valid upto | ||
| 1 | Kalyaniwalla and Mistry LLP Chartered Accountants | Yes | 31-Jul-2027 | ||
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