Grindwell Norton (NSE:GRINDWELL) EV-to-EBIT: 33.65 (As of Sep. 21, 2026) — Near Median

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NSE:GRINDWELL Grindwell Norton Ltd NSE:GRINDWELL
95 GF Score
Price ₹1,895.60
GF Value ₹2,225.12
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Grindwell Norton EV-to-EBIT?

Grindwell Norton NSE:GRINDWELL +1.79% 95 EV-to-EBIT is 33.65 as of Sep. 21, 2026, which is 1% above its 10-year median of 33.38. GuruFocus rates NSE:GRINDWELL with a GF Score™ of 95/100 and a GF Value™ of ₹2,225.12 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,416 Construction companies, Grindwell Norton ranks worse than 85.73% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Grindwell Norton's Enterprise Value is ₹198,748 Mil. Grindwell Norton's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹5,907 Mil. Therefore, Grindwell Norton's EV-to-EBIT for today is 33.65.

The historical rank and industry rank for Grindwell Norton's EV-to-EBIT or its related term are showing as below:

NSE:GRINDWELL' s EV-to-EBIT Range Over the Past 10 Years
Min: 15.76   Med: 33.38   Max: 61.83
Current: 33.64

During the past 13 years, the highest EV-to-EBIT of Grindwell Norton was 61.83. The lowest was 15.76. And the median was 33.38.

NSE:GRINDWELL's EV-to-EBIT is ranked worse than
85.73% of 1416 companies
in the Construction industry
Industry Median: 11.085 vs NSE:GRINDWELL: 33.64

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Grindwell Norton's Enterprise Value for the quarter that ended in Jun. 2026 was ₹ Mil. Grindwell Norton's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹5,907 Mil. Grindwell Norton's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was %.


Grindwell Norton  (NSE:GRINDWELL) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Grindwell Norton's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=5907.162/
= %

Grindwell Norton's Enterprise Value for the quarter that ended in Jun. 2026 was ₹ Mil.
Grindwell Norton's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹5,907 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Grindwell Norton EV-to-EBIT Related Terms


Grindwell Norton EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Grindwell Norton's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Grindwell Norton EV-to-EBIT Chart

Grindwell Norton Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.24 40.86 39.61 35.75 24.67

Grindwell Norton Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 32.58 - 24.67 -

NSE:GRINDWELL vs TT, JCI, CARR: EV-to-EBIT Comparison

For the Building Products & Equipment subindustry, Grindwell Norton's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Grindwell Norton EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, Grindwell Norton's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Grindwell Norton's EV-to-EBIT falls into.


NSE:GRINDWELL
95GF Score
Grindwell Norton Ltd NSE:GRINDWELL
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Grindwell Norton EV-to-EBIT Calculation

Grindwell Norton's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=198747.901/5907.162
=33.65

Grindwell Norton's current Enterprise Value is ₹198,748 Mil.
Grindwell Norton's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹5,907 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 33.65 mean?
Grindwell Norton (NSE:GRINDWELL) has a EV-to-EBIT of 33.65 as of Sep. 21, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Grindwell Norton and its competitors. This is near median its historical median of 33.38. Over the past decade, Grindwell Norton's EV-to-EBIT has ranged from 15.76 to 61.83. According to the industry distribution chart, Grindwell Norton ranks #1214 out of 1416 companies in the Construction industry, placing it in the top 85.7%.
Is Grindwell Norton's EV-to-EBIT too high?
Grindwell Norton's current EV-to-EBIT of 33.65 is near median its 10-year median of 33.38. Over the past 10 years, this metric has ranged from a low of 15.76 to a high of 61.83. The Construction industry median EV-to-EBIT is 11.09. Grindwell Norton's value of 33.65 is 203.6% above this industry median. Based on the distribution chart, Grindwell Norton ranks #1214 out of 1416 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Grindwell Norton has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Grindwell Norton's EV-to-EBIT compare to TT and JCI?
According to the Construction industry distribution chart, Grindwell Norton ranks #1214 out of 1416 companies for EV-to-EBIT. This places Grindwell Norton in the lower half of its industry. The industry median EV-to-EBIT is 11.09. Grindwell Norton's value of 33.65 is 203.6% above this benchmark. Historically, Grindwell Norton's own EV-to-EBIT has ranged from 15.76 to 61.83 over the past decade. While the company's 10-year median is 33.38 vs. the industry median of 11.09, Grindwell Norton has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Construction company?
The median EV-to-EBIT among Construction companies is 11.09, based on 1,416 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Grindwell Norton's current EV-to-EBIT of 33.65 is 203.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Grindwell Norton and its competitors. For the Construction industry, the median EV-to-EBIT is 11.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grindwell Norton's current EV-to-EBIT is 33.65, which is near median its own 10-year median of 33.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grindwell Norton stock overvalued right now?
Based on GuruFocus' analysis, Grindwell Norton (NSE:GRINDWELL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,225.12, compared to a current price of ₹1,895.60 — trading 14.8% below its estimated fair value. The current EV-to-EBIT is 33.65, which is near median its 10-year median of 33.38 and 203.6% above the Construction industry median of 11.09. Grindwell Norton's overall GF Score™ is 95/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Grindwell Norton (NSE:GRINDWELL), the current EV-to-EBIT is 33.65 as of Sep. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Grindwell Norton (NSE:GRINDWELL) Overvalued in 2026?

Based on GuruFocus' analysis, Grindwell Norton stock appears to be undervalued. The current stock price of ₹1,895.60 is trading 14.8% below its estimated GF Value™ of ₹2,225.12. GuruFocus considers Grindwell Norton to be Modestly Undervalued.

Key valuation signals for NSE:GRINDWELL:

  • EV-to-EBIT: 33.65 (near median its 10-year median of 33.38)
  • GF Value™: ₹2,225.12 vs. price of ₹1,895.60 (14.8% below fair value)
  • GF Score™: 95/100 with 1 warning sign
  • Industry Position: 203.6% above the Construction median (#1214 of 1416)

No single metric tells the full story. See the NSE:GRINDWELL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grindwell Norton Business Description

Other Exchanges 506076:India
Address Andheri-Kurla Road, Leela Business Park, 5th Level, Marol, Andheri (East), Mumbai, MH, IND, 400 059
Grindwell Norton Ltd is a company that produces abrasives and ceramics products. The company's businesses are divided into segments: Abrasives, Ceramics and Plastics, Digital Services and Others. The company manufactures various types of abrasives, which include bonded, coated, non-woven, construction, thin wheels, and super abrasives. Grindwell's Ceramics and Plastics division produces silicon carbide, high-temperature refractories, and fused cast ceramics. The silicon carbide products serve as raw materials that are used to create abrasives, and the company's refractories are structures used for processing both ferrous and non-ferrous metals. The company generates the vast majority of its revenue from Ceramics and Plastics division.
95GF Score

Get the complete analysis for NSE:GRINDWELL

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,895.60
Price
₹2,225.12
GF Value