Grindwell Norton LimitedQ1 FY27 Results & Financial Update
Grindwell Norton Limited: Q1 FY27 consolidated results and company financials – revenue ₹803.29 Cr, PAT ₹115.32 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.
Quarter at a glanceCurrent reported figures.Change figures appear when a comparable reported period is available.
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Quarterly Results AnalysisExplore Grindwell Norton Q1 FY27 quarterly results and earnings: revenue, profit (PAT), EBITDA, margins, YoY and QoQ growth, order book or business updates where reported, financial performance and management commentary. Reported figures and Nivata calculations are shown separately; no buy, sell or hold recommendation is provided.
Quarter overview
Quarterly earnings analysis
For the quarter ended 30 June 2026 (Q1 FY27), Grindwell Norton reported consolidated revenue from operations of INR 803.293 crore, supported by total income of INR 827.8723 crore.
The company recorded profit before tax (PBT) of INR 154.1271 crore for the quarter, reflecting profitability across its core industrial manufacturing operations after accounting for operational expenses.
Profit after tax (PAT) stood at INR 115.3164 crore for Q1 FY27, yielding a PAT margin of approximately 14.36% on operating revenue.
Basic and diluted earnings per share (EPS) for the quarter was reported at INR 10.43.
Total expenses for the period included depreciation and amortization of INR 26.5268 crore, alongside finance costs of INR 1.3776 crore and tax expenses amounting to INR 38.8107 crore.
Other income contributed INR 24.5793 crore to the overall financial performance during the quarter.
Grindwell Norton Limited reported its financial results for the quarter ended 30 June 2026, delivering total revenue from operations of INR 803.293 crore on a consolidated basis. Total income for the quarter stood at INR 827.8723 crore, bolstered by other income of INR 24.5793 crore.
Profit before tax for Q1 FY27 was recorded at INR 154.1271 crore, reflecting the underlying operational earnings after accounting for expenses. The tax expense for the period amounted to INR 38.8107 crore, representing the statutory provision applied against quarterly profits.
01 · Business model
What does Grindwell Norton do?
Grindwell Norton Limited manufactures and sells a diversified portfolio of abrasives, ceramics, and high-performance plastics. Its core offerings support heavy industries, precision manufacturing, automotive fabrication, and infrastructure development.
The company's primary revenue engine stems from bonded and coated abrasives, alongside specialized refractory products and ceramic materials utilized in thermal management and high-temperature industrial applications.
Operating on a consolidated basis, Grindwell Norton serves domestic and international industrial customers through an extensive distribution network, supplying consumable tools and engineered components integral to modern manufacturing operations.
02 · Financial snapshot
Current-quarter financial snapshot
| Metric | Q1 FY27 |
|---|---|
| Revenue from operations | ₹803.29 Cr |
| Total income | ₹827.87 Cr |
| Profit before tax | ₹154.13 Cr |
| Profit after tax | ₹115.32 Cr |
| EPS | ₹10.43 |
03 · Why it moved
Why the quarter looked the way it did
What drove revenue
Consolidated revenue from operations reached INR 803.293 crore for Q1 FY27, driven by sustained industrial demand across its abrasive and ceramic product lines.
Non-operating sources contributed INR 24.5793 crore, bringing total consolidated income to INR 827.8723 crore.
Revenue is driven by ongoing industrial consumption of bonded and coated abrasives across automotive, fabrication, and heavy engineering sectors.
Total income of INR 827.8723 crore incorporates non-operational receipts of INR 24.5793 crore alongside core revenue from operations of INR 803.293 crore.
Revenue from operations reached INR 803.293 crore for the quarter ended 30 June 2026, driven by industrial demand for abrasives and ceramics.
Other income added INR 24.5793 crore, lifting total income to INR 827.8723 crore for Q1 FY27.
What drove margins
The company absorbed INR 26.5268 crore in depreciation and amortization expenses alongside INR 1.3776 crore in finance costs during the quarter.
Tax expenses for Q1 FY27 were recorded at INR 38.8107 crore against a PBT of INR 154.1271 crore.
Depreciation and amortization expenses of INR 26.5268 crore reflect the capital-intensive nature of manufacturing abrasive grains, bonded wheels, and ceramic products.
Finance costs were contained at INR 1.3776 crore for the quarter, indicating minimal leverage impact on bottom-line margins.
Tax expenses of INR 38.8107 crore were provisioned against a profit before tax of INR 154.1271 crore, establishing the quarterly effective tax rate.
Depreciation and amortization expenses were reported at INR 26.5268 crore, reflecting ongoing capital asset utilization.
Finance costs remained contained at INR 1.3776 crore for the quarter.
04 · Reported developments
What changed operationally
Generated consolidated PAT of INR 115.3164 crore on operating revenue of INR 803.293 crore for Q1 FY27.
05 · Beyond the numbers
What changed beyond the numbers
Reported update
Consolidated Filing Submission
The company filed its financial results for the quarter ended 30 June 2026 through the official stock exchange structured filing portal under Ind AS reporting standards.
Reported update
Statutory Filing Submission
The financial results for Q1 FY27 were submitted through official exchange structured filings on 24 July 2026.
06 · Key Q&A
The quarter, answered directly
What does Grindwell Norton do?
Grindwell Norton Limited manufactures and sells a diversified portfolio of abrasives, ceramics, and high-performance plastics. Its core offerings support heavy industries, precision manufacturing, automotive fabrication, and infrastructure development.
What is the clearest takeaway from Q1 FY27?
For the quarter ended 30 June 2026 (Q1 FY27), Grindwell Norton reported consolidated revenue from operations of INR 803.293 crore, supported by total income of INR 827.8723 crore.
What drove revenue or demand?
Consolidated revenue from operations reached INR 803.293 crore for Q1 FY27, driven by sustained industrial demand across its abrasive and ceramic product lines.
What mattered most for margins or profitability?
The company absorbed INR 26.5268 crore in depreciation and amortization expenses alongside INR 1.3776 crore in finance costs during the quarter.
What changed operationally beyond the headline numbers?
The company filed its financial results for the quarter ended 30 June 2026 through the official stock exchange structured filing portal under Ind AS reporting standards.
What should the next disclosure help confirm?
Monitor upcoming quarterly financial filings to track operating performance and margin trends in subsequent periods of FY27.
07 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
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08 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
Subsequent Quarterly Disclosures: Monitor upcoming quarterly financial filings to track operating performance and margin trends in subsequent periods of FY27.
- 02
Subsequent Quarterly Disclosures: Monitor future exchange filings for subsequent quarter results and complete comparative period disclosures as they become available.
- 03
Subsequent Quarterly Disclosures: Monitor upcoming quarterly financial filings for sequential operational trends and revenue progression.
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