Grindwell Norton delivered a strong FY26!
Revenue jumped 9.3% to Rs 3073 Cr, while Net Profit surged 12.3% to Rs 417 Cr.
EBIT also climbed 12.5% to Rs 564 Cr, pushing EBIT margin to 18.3%. The Ceramics & Plastics segment led growth with revenue up 10.3% and EBIT up 15.1%. Strategic focus areas include robust R&D, launching new products for sectors like EV, electronics, and medical.
The company continues significant capacity expansion, investing around Rs 794 Cr over the last 5 years in new lines and facilities.
Sustainability efforts are strong, showing significant reductions in CO2, energy, and water.
Key metrics: Return on Business Assets hit 45.8%. The board proposed a dividend of Rs 19.00 per share for FY26. Management's capex roadmap and new product push signal a strong growth trajectory. #GrindwellNorton #Earnings
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