Grindwell Norton Limited (NSE:GRINDWELL) — Market Cap & Net Worth

$1.89 Billion USD  · Rs174.48 Billion INR  · Rank #6488

Market Cap & Net Worth: Grindwell Norton Limited (GRINDWELL)

Grindwell Norton Limited (NSE:GRINDWELL) has a market capitalization of $1.89 Billion (Rs174.48 Billion) as of May 4, 2026. Listed on the NSE stock exchange, this India-based company holds position #6488 globally and #290 in its home market, demonstrating a -5.90% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Grindwell Norton Limited's stock price Rs1575.90 by its total outstanding shares 110720000 (110.72 Million). Analyse Grindwell Norton Limited operating cash flow efficiency to see how efficiently the company converts income to cash.

Grindwell Norton Limited Market Cap History: 2015 to 2026

Grindwell Norton Limited's market capitalization history from 2015 to 2026. Data shows growth from $424.94 Million to $1.89 Billion (14.59% CAGR).

Index Memberships

Grindwell Norton Limited is a constituent of 5 market indices:

Index Total Market Cap Weight (%) Rank by Market Cap
NIFTY 500
NIFTY500
$3.11 Trillion 0.06% #260 of 500
NIFTY MIDCAP 150
NIFTYMIDCAP150
$695.80 Billion 0.27% #110 of 150
NIFTY MIDSMALLCAP 400
NIFTYMIDSML400
$1.11 Trillion 0.17% #174 of 400
NIFTY MNC
NIFTYMNC
$231.65 Billion 0.81% #23 of 30
NIFTY TOTAL MARKET
NIFTYTOTALMKT
$3.20 Trillion 0.06% #258 of 750

Weight: Grindwell Norton Limited's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

Grindwell Norton Limited Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Grindwell Norton Limited's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

0.07x

Grindwell Norton Limited's market cap is 0.07 times its annual revenue

Industry average: 0.28x Lower than industry average

Latest Price to Earnings (P/E) Ratio

0.51x

Grindwell Norton Limited's market cap is 0.51 times its annual earnings

Industry average: 15.28x Lower than industry average

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2016 $367.57 Million $11.53 Billion $1.05 Billion 0.03x 0.35x
2017 $616.30 Million $12.65 Billion $1.19 Billion 0.05x 0.52x
2018 $637.90 Million $14.31 Billion $1.50 Billion 0.04x 0.43x
2019 $691.39 Million $15.98 Billion $1.67 Billion 0.04x 0.41x
2020 $836.55 Million $15.80 Billion $1.83 Billion 0.05x 0.46x
2021 $2.25 Billion $16.38 Billion $2.39 Billion 0.14x 0.94x
2022 $2.11 Billion $20.13 Billion $2.96 Billion 0.10x 0.71x
2023 $2.77 Billion $25.41 Billion $3.62 Billion 0.11x 0.77x
2024 $2.30 Billion $26.87 Billion $3.84 Billion 0.09x 0.60x
2025 $1.87 Billion $28.12 Billion $3.69 Billion 0.07x 0.51x

Competitor Companies of GRINDWELL by Market Capitalization

Companies near Grindwell Norton Limited in the global market cap rankings as of May 4, 2026.

Key companies related to Grindwell Norton Limited by market ranking:

  • Trane Technologies plc (NYSE:TT): Ranked #234 globally with a market cap of $103.17 Billion USD.
  • Trane Technologies plc (F:2IS): Ranked #295 globally with a market cap of $87.59 Billion USD ( €74.92 Billion EUR).
  • Johnson Controls International PLC (NYSE:JCI): Ranked #298 globally with a market cap of $86.82 Billion USD.
  • Carrier Global Corp (NYSE:CARR): Ranked #518 globally with a market cap of $51.37 Billion USD.
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#234 Trane Technologies plc NYSE:TT $103.17 Billion $486.48
#295 Trane Technologies plc F:2IS $87.59 Billion €419.30
#298 Johnson Controls International PLC NYSE:JCI $86.82 Billion $145.08
#518 Carrier Global Corp NYSE:CARR $51.37 Billion $67.62

Grindwell Norton Limited Historical Marketcap From 2015 to 2026

Between 2015 and today, Grindwell Norton Limited's market cap moved from $424.94 Million to $ 1.89 Billion, with a yearly change of 14.59%.

Year Market Cap Change (%)
2026 Rs1.89 Billion +0.75%
2025 Rs1.87 Billion -18.53%
2024 Rs2.30 Billion -17.07%
2023 Rs2.77 Billion +31.39%
2022 Rs2.11 Billion -6.30%
2021 Rs2.25 Billion +169.17%
2020 Rs836.55 Million +21.00%
2019 Rs691.39 Million +8.39%
2018 Rs637.90 Million +3.51%
2017 Rs616.30 Million +67.67%
2016 Rs367.57 Million -13.50%
2015 Rs424.94 Million --

End of Day Market Cap According to Different Sources

On May 3rd, 2026 the market cap of Grindwell Norton Limited was reported to be:

Source Market Cap
Yahoo Finance $1.89 Billion USD
MoneyControl $1.89 Billion USD
MarketWatch $1.89 Billion USD
marketcap.company $1.89 Billion USD
Reuters $1.89 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Grindwell Norton Limited

NSE:GRINDWELL India Building Products & Equipment
Market Cap
$1.89 Billion
Rs174.48 Billion INR
Market Cap Rank
#6488 Global
#290 in India
Share Price
Rs1575.90
Change (1 day)
-1.02%
52-Week Range
Rs1353.10 - Rs1844.00
All Time High
Rs2933.22
About

Grindwell Norton Limited manufactures and sells abrasives, ceramics, and plastic products in India and internationally. It operates through Abrasives, Ceramics & Plastics, Digital Services, and Others segments. The company offers abrasives, including bonded and coated abrasives, non-woven abrasives, thin wheels, construction products, automotive aftermarket, adhesives and sealants, performance gr… Read more