Integrated Filing — IndAS



General information about company

Scrip Code 506076
NSE Symbol GRINDWELL
MSEI Symbol NOTLISTED
ISIN INE536A01023
Name of company GRINDWELL NORTON LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 24-07-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 14-07-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
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 24-07-2026   12:30:00
End date and time of board meeting 24-07-2026   13:30:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

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 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 80,329.30 80,329.30
Other income 2,457.93 2,457.93
Total income 82,787.23 82,787.23
2 Expenses
(a) Cost of materials consumed 27,806.04 27,806.04
(b) Purchases of stock-in-trade 10,904.59 10,904.59
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (2,582.06) (2,582.06)
(d) Employee benefit expense 9,718.51 9,718.51
(e) Finance costs 137.76 137.76
(f) Depreciation, depletion and amortisation expense 2,652.68 2,652.68
(f) Other Expenses
1 Other Expenses 18,781.11 18,781.11
Total other expenses 18,781.11 18,781.11
Total expenses 67,418.63 67,418.63
3 Total profit before exceptional items and tax 15,368.60 15,368.60
4 Exceptional items 0.00 0.00
5 Total profit before tax 15,368.60 15,368.60
6 Tax expense
7 Current tax 4,039.63 4,039.63
8 Deferred tax (158.56) (158.56)
9 Total tax expenses 3,881.07 3,881.07
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 11,487.53 11,487.53
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 44.11 44.11
16 Total profit (loss) for period 11,531.64 11,531.64
17 Other comprehensive income net of taxes 1,089.74 1,089.74
18 Total Comprehensive Income for the period 12,621.38 12,621.38
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 11,551.33 11,551.33
Total profit or loss, attributable to non-controlling interests (19.69) (19.69)
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 12,641.07 12,641.07
Total comprehensive income for the period attributable to owners of parent non-controlling interests (19.69) (19.69)
21 Details of equity share capital
Paid-up equity share capital 5,536.00 5,536.00
Face value of equity share capital 5 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 10.43 10.43
Diluted earnings (loss) per share from continuing operations 10.43 10.43
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 10.43 10.43
Diluted earnings (loss) per share from continuing and discontinued operations 10.43 10.43
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

Textual Information(1) 1.The unaudited Consolidated Financial Results for the quarter ended June 30, 2026, (consolidated financial results) have been reviewed by the Audit Committee and approved by the Board of Directors at the ir respective meetings held on July 24, 2026. The Statutory Auditors of Grindwell Norton Limited (the Company,the Parent Company), have carried out a limited review of the above consolidated financial results. These consolidated financial results are prepared and published in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 2.The consolidated financial results are prepared in accordance with 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 in India. 3.Figures for the quarters ended March 31 , 2026 are the balancing figures between audited figures for the full financial year and the published unaud ited year to date figures upto the end of the third quarter of the finan cial year ended March 31, 2026, which were subject to limited review. 4.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 (together known as Group), its Joint Venture entity Advanced Synthetic Minerals Private Limited . The Company also has an Associate, Cleanwin Energy Three LLP, where as per the current contractual terms, the Company is not entitled to any share of profiU(loss). The unaudited consolidated financial results of the Subsidiary and the Joint Venture entity as at June 30, 2026, duly certified by the Management, have been considered whilst preparing these consolidated financial results for the quarter ended June 30, 2026. 5. Key numbers of standalone financial results of the Company are as under: (in Lakhs) Particulars Quarter ended Year ended 30-06-2026 31-03-2026 30-06-2025 31-03-2026 (Unaudited) (Refer Note 3) (Unaudited) (Audited) Total Income 81 ,843.52 85,042.24 71,768.33 3,12,079.31 Profit before tax 15,435.25 15,726.40 12,579.55 54,961.79 Net Profit for the period 11 ,552.88 11 ,908.61 9,439.42 41,259.84 6. The Segment wise information as requ ired under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, is furn ished in Annexure I. 7. 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 Company's website, www.grindwellnorton.co .in.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

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 01-04-2026 01-04-2026
Date of end of reporting period 30-06-2026 30-06-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Abrasives 38,689.38 38,689.38
2 Ceramics & Plastics 35,390.11 35,390.11
3 Digital Services 5,878.17 5,878.17
4 Others 1,271.02 1,271.02
Total Segment Revenue 81,228.68 81,228.68
Less: Inter segment revenue 899.38 899.38
Revenue from operations 80,329.30 80,329.30
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Abrasives 4,898.37 4,898.37
2 Ceramics & Plastics 7,497.16 7,497.16
3 Digital Services 1,408.73 1,408.73
4 Others 244.96 244.96
Total Profit before tax 14,049.22 14,049.22
i. Finance cost 137.76 137.76
ii. Other Unallocable Expenditure net off Unallocable income (1,501.25) (1,501.25)
Profit before tax 15,412.71 15,412.71
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Abrasives 83,350.89 83,350.89
2 Ceramics & Plastics 95,709.49 95,709.49
3 Digital Services 9,275.38 9,275.38
4 Others 3,768.72 3,768.72
Total Segment Asset 1,92,104.48 1,92,104.48
Un-allocable Assets 1,64,718.54 1,64,718.54
Net Segment Asset 3,56,823.02 3,56,823.02
4 Segment Liabilities
Segment Liabilities
1 Abrasives 33,004.30 33,004.30
2 Ceramics & Plastics 32,711.36 32,711.36
3 Digital Services 9,224.19 9,224.19
4 Others 1,898.35 1,898.35
Total Segment Liabilities 76,838.20 76,838.20
Un-allocable Liabilities 12,254.87 12,254.87
Net Segment Liabilities 89,093.07 89,093.07
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

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 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated 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/loss) 24.95 24.95
2 Change in fair value of equity instruments at Fair Value through Other Comprehensive Income (FVOCI) - Gain 995.88 995.88
Total Amount of items that will not be reclassified to profit and loss 1,020.83
2 Income tax relating to items that will not be reclassified to profit or loss 148.69 148.69
3 Amount of items that will be reclassified to profit and loss
1 Net Gain/(Loss) on Cash Flow Hedge 290.79 290.79
Total Amount of items that will be reclassified to profit and loss 290.79
4 Income tax relating to items that will be reclassified to profit or loss 73.19 73.19
5 Total Other comprehensive income 1,089.74 1,089.74