Grindwell Norton Limited (GRINDWELL) — Net Asset Quality Index
Grindwell Norton Limited (GRINDWELL) has a Net Asset Quality Index of 73.1% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of Rs31.42 Billion minus total liabilities of Rs8.45 Billion yields net assets of Rs22.96 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read GRINDWELL liabilities breakdown for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Grindwell Norton Limited Net Asset Quality Index Over Time (2005–2025)
This chart shows how Grindwell Norton Limited's Net Asset Quality Index has evolved across 21 annual periods from 2005 to 2025. As of September 2025, the index stands at 73.1%, representing net assets of Rs22.96 Billion against total assets of Rs31.42 Billion INR. For live market cap and overall valuation, see market cap of Grindwell Norton Limited.
Annual Net Asset Quality Index for Grindwell Norton Limited (2005–2025)
The table below presents the year-by-year Net Asset Quality Index for Grindwell Norton Limited from 2005 to 2025, covering 21 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check GRINDWELL strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (INR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 74.2% | Rs22.70 Billion | Rs30.57 Billion | Rs7.87 Billion | ▼ -0.4 pp |
| 2024 | 74.6% | Rs20.67 Billion | Rs27.70 Billion | Rs7.03 Billion | ▼ -0.7 pp |
| 2023 | 75.3% | Rs18.17 Billion | Rs24.12 Billion | Rs5.95 Billion | ▲ +0.9 pp |
| 2022 | 74.5% | Rs15.74 Billion | Rs21.13 Billion | Rs5.39 Billion | ▲ +0.6 pp |
| 2021 | 73.8% | Rs13.77 Billion | Rs18.65 Billion | Rs4.88 Billion | ▼ -1.4 pp |
| 2020 | 75.3% | Rs12.01 Billion | Rs15.95 Billion | Rs3.94 Billion | ▼ -1.4 pp |
| 2019 | 76.7% | Rs11.12 Billion | Rs14.49 Billion | Rs3.37 Billion | ▲ +2.1 pp |
| 2018 | 74.6% | Rs10.03 Billion | Rs13.44 Billion | Rs3.41 Billion | ▼ -0.1 pp |
| 2017 | 74.7% | Rs9.04 Billion | Rs12.10 Billion | Rs3.06 Billion | ▲ +6.0 pp |
| 2016 | 68.7% | Rs6.84 Billion | Rs9.95 Billion | Rs3.11 Billion | ▲ +2.1 pp |
| 2015 | 66.6% | Rs6.24 Billion | Rs9.37 Billion | Rs3.13 Billion | ▼ -1.2 pp |
| 2014 | 67.9% | Rs5.66 Billion | Rs8.33 Billion | Rs2.68 Billion | ▲ +1.1 pp |
| 2013 | 66.8% | Rs5.23 Billion | Rs7.84 Billion | Rs2.60 Billion | ▲ +4.0 pp |
| 2012 | 62.8% | Rs4.67 Billion | Rs7.43 Billion | Rs2.76 Billion | ▼ -2.0 pp |
| 2011 | 64.8% | Rs4.06 Billion | Rs6.26 Billion | Rs2.20 Billion | ▲ +0.3 pp |
| 2010 | 64.5% | Rs3.62 Billion | Rs5.61 Billion | Rs1.99 Billion | ▼ -0.8 pp |
| 2009 | 65.3% | Rs3.13 Billion | Rs4.80 Billion | Rs1.66 Billion | ▲ +1.0 pp |
| 2008 | 64.3% | Rs2.81 Billion | Rs4.37 Billion | Rs1.56 Billion | ▲ +1.7 pp |
| 2007 | 62.6% | Rs1.98 Billion | Rs3.17 Billion | Rs1.19 Billion | ▼ -2.9 pp |
| 2006 | 65.4% | Rs1.75 Billion | Rs2.67 Billion | Rs921.92 Million | ▲ +13.6 pp |
| 2005 | 51.9% | Rs1.57 Billion | Rs3.02 Billion | Rs1.45 Billion | — |