Grindwell Norton Limited (GRINDWELL) - Total Assets
Based on the latest financial reports, Grindwell Norton Limited (GRINDWELL) holds total assets worth Rs31.42 Billion INR (≈ $339.76 Million USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See shareholders equity of Grindwell Norton Limited for net asset value and shareholders' equity analysis.
Grindwell Norton Limited - Total Assets Trend (2005–2025)
This chart illustrates how Grindwell Norton Limited's total assets have evolved over time, based on quarterly financial data.
Grindwell Norton Limited - Asset Composition Analysis
Current Asset Composition (March 2025)
Grindwell Norton Limited's total assets of Rs31.42 Billion consist of 59.0% current assets and 41.1% non-current assets.
| Asset Category | Amount (INR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Rs590.00 Million | 8.7% |
| Accounts Receivable | Rs3.62 Billion | 11.9% |
| Inventory | Rs4.90 Billion | 16.0% |
| Property, Plant & Equipment | Rs8.18 Billion | 26.8% |
| Intangible Assets | Rs473.13 Million | 1.6% |
| Goodwill | Rs467.87 Million | 1.5% |
Asset Composition Trend (2005–2025)
This chart illustrates how Grindwell Norton Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see GRINDWELL market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Grindwell Norton Limited's current assets represent 59.0% of total assets in 2025, an increase from 52.7% in 2005.
- Cash Position: Cash and equivalents constituted 8.7% of total assets in 2025, up from 1.9% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 2005.
- Asset Diversification: The largest asset category is property, plant & equipment at 26.8% of total assets.
Grindwell Norton Limited Competitors by Total Assets
Key competitors of Grindwell Norton Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xiamen Solex High-Tech Industries Co Ltd
SHG:603992
|
China | CN¥4.38 Billion |
|
Everjoy Health Group Co Ltd
SHE:002162
|
China | CN¥2.01 Billion |
|
D&O Home Collection Co Ltd
SHE:002798
|
China | CN¥5.62 Billion |
|
Zhejiang Lianxiang Smart Home
SHG:603272
|
China | CN¥650.52 Million |
|
Jiangsu Jingxue Insulation
SHE:301010
|
China | CN¥1.50 Billion |
|
Deceuninck
BR:DECB
|
Belgium | €708.72 Million |
|
PT Mulia Industrindo Tbk
JK:MLIA
|
Indonesia | Rp7.34 Trillion |
|
Bigbloc Construction Limited
NSE:BIGBLOC
|
India | Rs3.77 Billion |
Grindwell Norton Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.63 | 2.57 | 2.95 |
| Quick Ratio | 1.91 | 1.79 | 2.19 |
| Cash Ratio | 0.29 | 0.28 | 0.00 |
| Working Capital | Rs11.49 Billion | Rs10.05 Billion | Rs6.71 Billion |
Grindwell Norton Limited - Advanced Valuation Insights
This section examines the relationship between Grindwell Norton Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 7.94 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | 10.4% |
| Total Assets | Rs30.57 Billion |
| Market Capitalization | $1.89 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Grindwell Norton Limited's assets below their book value (0.06x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Grindwell Norton Limited's assets grew by 10.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Grindwell Norton Limited (2005–2025)
The table below shows the annual total assets of Grindwell Norton Limited from 2005 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | Rs30.57 Billion ≈ $330.58 Million |
+10.37% |
| 2024-03-31 | Rs27.70 Billion ≈ $299.52 Million |
+14.84% |
| 2023-03-31 | Rs24.12 Billion ≈ $260.83 Million |
+14.11% |
| 2022-03-31 | Rs21.13 Billion ≈ $228.56 Million |
+13.34% |
| 2021-03-31 | Rs18.65 Billion ≈ $201.66 Million |
+16.90% |
| 2020-03-31 | Rs15.95 Billion ≈ $172.51 Million |
+10.06% |
| 2019-03-31 | Rs14.49 Billion ≈ $156.73 Million |
+7.85% |
| 2018-03-31 | Rs13.44 Billion ≈ $145.33 Million |
+11.07% |
| 2017-03-31 | Rs12.10 Billion ≈ $130.85 Million |
+21.60% |
| 2016-03-31 | Rs9.95 Billion ≈ $107.60 Million |
+6.13% |
| 2015-03-31 | Rs9.37 Billion ≈ $101.39 Million |
+12.48% |
| 2014-03-31 | Rs8.33 Billion ≈ $90.14 Million |
+6.36% |
| 2013-03-31 | Rs7.84 Billion ≈ $84.74 Million |
+5.44% |
| 2012-03-31 | Rs7.43 Billion ≈ $80.37 Million |
+18.64% |
| 2011-03-31 | Rs6.26 Billion ≈ $67.75 Million |
+11.69% |
| 2010-03-31 | Rs5.61 Billion ≈ $60.66 Million |
+16.95% |
| 2009-03-31 | Rs4.80 Billion ≈ $51.87 Million |
+9.77% |
| 2008-03-31 | Rs4.37 Billion ≈ $47.25 Million |
+37.87% |
| 2007-03-31 | Rs3.17 Billion ≈ $34.27 Million |
+18.80% |
| 2006-03-31 | Rs2.67 Billion ≈ $28.85 Million |
-11.73% |
| 2005-03-31 | Rs3.02 Billion ≈ $32.68 Million |
-- |
About Grindwell Norton Limited
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