Grindwell Norton Ltd

Common Name

Grindwell Norton

Country

India

Sector

Industrials

Industry

Building Products & Equipment

Employees

2,429

Ticker

GRINDWELL

Exchange

NATIONAL STOCK EXCHANGE OF INDIA

Website

www.grindwellnorton.co.in

Description

Grindwell Norton Ltd. is a leading manufacturer and supplier of abrasives and related products in the Indian market. As part of Saint-Gobain, a global leader in construction materials, Grindwell Norto... Show more

Financial Statements of Grindwell Norton

Below are the financial statements of Grindwell Norton, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in millions of INR	2024	2023
Non-current assets	—	—
Property, plant and equipment	5,821.47^a	4,404.56^a
Right-of-use asset	800.31^a	508.67^a
Capital work-in-progress	1,274.62^a	1,235.32^a
Goodwill	467.87^a	467.87^a
Other intangible assets	467.2^a	475.75^a
Intangible asset under development	3.17^a	6.75^a
Investment accounted for using the equity method	146.68^a	85.14^a
Financial assets	—	—
Investments	2,274.22^a	1,983.22^a
Loans	77.83^a	62.86^a
Other financial assets	291.2^a	502.15^a
Income tax asset (net)	59.66^a	76.94^a
Deferred tax assets (net)	40.1^a	18.4^a
Other non-current assets	238.72^a	464.94^a
Total non-current assets	11,963.04^a	10,313.93^a
Current assets	—	—
Inventories	4,876.05^a	4,639.43^a
Financial assets	—	—
Investments	4,472.56^a	4,352.28^a
Trade receivables	3,574.56^a	2,802.03^a
Cash and cash equivalents	491.04^a	396.14^a
Bank balances other than (iii) above	1,639.42^a	994.1^a
Loans	15.37^a	11.23^a
Other financial assets	215.24^a	91.55^a
Other current assets	448.95^a	498.27^a
Total current assets	15,733.19^a	13,785.04^a
Total assets	27,696.23^a	24,098.96^a
Equity	—	—
Equity share capital	553.6^a	553.6^a
Other equity	19,999.15^a	17,504.49^a
Equity attributable to owners of the company	20,552.75^a	18,058.09^a
Non-controlling interest	115.04^a	110.75^a
Total equity	20,667.78^a	18,168.84^a
Financial liabilities	—	—
Borrowings	63.62^a	39.52^a
Lease liabilities	541.09^a	255.02^a
Non-current liabilities	—	—
Provisions	496.19^a	520.17^a
Deferred tax liabilities (net)	220.99^a	138.53^a
Other non-current liabilities	3.1^a	4.2^a
Total non-current liabilities	1,324.99^a	957.43^a
Financial liabilities	—	—
Borrowings	116.91^a	135.9^a
Lease liabilities	104.35^a	83.21^a
Trade payables	—	—
Total outstanding dues of micro and small enterprises	57.87^a	91.64^a
Total outstanding dues of creditors other than (ii)(a) above	3,565.83^a	2,700.68^a
Other financial liabilities	948.43^a	909.57^a
Current liabilities	—	—
Provisions	351.09^a	257.68^a
Current tax liabilities (net)	79^a	251.05^a
Other current liabilities	479.97^a	542.96^a
Total current liabilities	5,703.46^a	4,972.69^a
Total liabilities	7,028.45^a	5,930.12^a
Total equity and liabilities	27,696.23^a	24,098.96^a

Verified Sources Behind Grindwell Norton’s Financial Fundamentals Data

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a. Grindwell Norton's Annual Report 2024

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Grindwell Norton Ltd

Financial Statements of Grindwell Norton

Verified Sources Behind Grindwell Norton’s Financial Fundamentals Data

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