Grindwell Norton Limited (GRINDWELL) — Financial Results(2 announcements)

· NSE 🔴 High Importance ✨ Positive
1 Financial Results 🔴 High Importance ✨ Positive 📄 PDF
Revenue: ₹3.16 L CrNet Profit: ₹11,933.81 Cr
📢 Key Event
Board approves audited FY26 results and recommends ₹19 dividend per share
🔄 What Changed
Net profit rose to ₹41,259.84 lakhs from prior year; revenue increased to ₹3,01,321.63 lakhs
🔮 What's Next
AGM scheduled for July 24, 2026, to approve dividend; record date set for July 10, 2026
💡 Investor Takeaway
Shareholders may soon receive a dividend of ₹19 per share, pending AGM approval, reflecting strong profitability

Grindwell Norton Limited announced on May 8, 2026, that its Board approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, along with an unmodified audit opinion from Kalyaniwalla & Mistry LLP. The company recommended a dividend of ₹19 per equity share (380% of ₹5 face value) for FY 2025-26, subject to shareholder approval at the AGM on July 24, 2026, with a record date of July 10, 2026. Revenue from operations for FY 2026 stood at ₹3,01,321.63 lakhs, up from ₹2,01,321.63 lakhs in FY 2025, while net profit reached ₹41,259.84 lakhs. The audit confirmed compliance with SEBI LODR and Ind AS, and the financials included detailed income, expenses, and comprehensive income figures.

2 Financial Results 🔴 High Importance Neutral 📄 PDF
Net Profit: ₹41,259.84 Cr
📢 Key Event
Board approves audited financial results and recommends ₹19/share dividend
🔄 What Changed
Net profit of ₹41,259.84 lakhs reported with unmodified audit opinion
🔮 What's Next
AGM scheduled for July 24, 2026, with dividend approval contingent on shareholder vote
💡 Investor Takeaway
Shareholders may approve a high dividend, but final payout depends on AGM vote

Grindwell Norton Limited approved its audited standalone and consolidated financial results for the year ended March 31, 2026, reporting total income of ₹3,12,079.31 lakhs and net profit of ₹41,259.84 lakhs, alongside an unmodified audit opinion from Kalyaniwalla & Mistry LLP. The Board recommended a dividend of ₹19 per share (380% of ₹5 face value), subject to shareholder approval at the AGM on July 24, 2026, with a record date of July 10, 2026. The 76th AGM will be held via video conferencing. The filing confirms compliance with SEBI LODR and Ind AS, and includes disclosures on labor code impacts and segment performance, though segment revenue figures appear inconsistent with prior disclosures.

About Grindwell Norton Limited (GRINDWELL)

Capital Goods · Industrial Products · Listed on NSE

Market Cap: ₹20,592.81 Cr P/E: 55.8

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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