Grindwell Norton (NSE:GRINDWELL) Gross Margin %: 52.50% (As of Mar. 2026) — Near Median


NSE:GRINDWELL Grindwell Norton Ltd NSE:GRINDWELL
99 GF Score
Price ₹2,018.00
GF Value ₹2,415.65
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Grindwell Norton Gross Margin %?

Grindwell Norton NSE:GRINDWELL -0.77% 99 Gross Margin % is 52.50% as of Mar. 2026, which is 3% above its 10-year median of 50.99. GuruFocus rates NSE:GRINDWELL with a GF Score™ of 99/100 and a GF Value™ of ₹2,415.65 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,721 Construction companies, Grindwell Norton ranks better than 90.41% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Grindwell Norton's Gross Profit for the three months ended in Mar. 2026 was ₹4,404 Mil. Grindwell Norton's Revenue for the three months ended in Mar. 2026 was ₹8,388 Mil. Therefore, Grindwell Norton's Gross Margin % for the quarter that ended in Mar. 2026 was 52.50%.


The historical rank and industry rank for Grindwell Norton's Gross Margin % or its related term are showing as below:

NSE:GRINDWELL' s Gross Margin % Range Over the Past 10 Years
Min: 49.88   Med: 50.99   Max: 53.44
Current: 53.44


During the past 13 years, the highest Gross Margin % of Grindwell Norton was 53.44%. The lowest was 49.88%. And the median was 50.99%.

NSE:GRINDWELL's Gross Margin % is ranked better than
90.41% of 1721 companies
in the Construction industry
Industry Median: 20.73 vs NSE:GRINDWELL: 53.44

Grindwell Norton had a gross margin of 52.50% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Grindwell Norton was -0.70% per year.


Grindwell Norton  (NSE:GRINDWELL) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Grindwell Norton had a gross margin of 52.50% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Grindwell Norton Gross Margin % Related Terms


Grindwell Norton Gross Margin % Historical Data

* Premium members only.

The historical data trend for Grindwell Norton's Gross Margin % 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 Gross Margin % Chart

Grindwell Norton Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.86 50.35 51.12 50.85 49.88

Grindwell Norton Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % 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 53.81 54.37 54.17 52.87 52.50

NSE:GRINDWELL vs TT, JCI, CARR: Gross Margin % Comparison

For the Building Products & Equipment subindustry, Grindwell Norton's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Construction Industry

For the Construction industry and Industrials sector, Grindwell Norton's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Grindwell Norton's Gross Margin % falls into.


NSE:GRINDWELL
99GF Score
Grindwell Norton Ltd NSE:GRINDWELL
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Grindwell Norton Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Grindwell Norton's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=15265.3 / 30603.571
=(Revenue - Cost of Goods Sold) / Revenue
=(30603.571 - 15338.319) / 30603.571
=49.88 %

Grindwell Norton's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=4403.9 / 8387.741
=(Revenue - Cost of Goods Sold) / Revenue
=(8387.741 - 3983.873) / 8387.741
=52.50 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 52.50% mean?
Grindwell Norton (NSE:GRINDWELL) has a Gross Margin % of 52.50% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Grindwell Norton and its competitors. This is near median its historical median of 50.99. Over the past decade, Grindwell Norton's Gross Margin % has ranged from 49.88 to 53.44. According to the industry distribution chart, Grindwell Norton ranks #165 out of 1721 companies in the Construction industry, placing it in the top 9.6%.
Is Grindwell Norton's Gross Margin % too high?
Grindwell Norton's current Gross Margin % of 52.50% is near median its 10-year median of 50.99. Over the past 10 years, this metric has ranged from a low of 49.88 to a high of 53.44. The Construction industry median Gross Margin % is 20.73. Grindwell Norton's value of 52.50% is 153.3% above this industry median. Based on the distribution chart, Grindwell Norton ranks #165 out of 1721 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Grindwell Norton has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Grindwell Norton's Gross Margin % compare to TT and JCI?
According to the Construction industry distribution chart, Grindwell Norton ranks #165 out of 1721 companies for Gross Margin %. This places Grindwell Norton in the top 10% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 20.73. Grindwell Norton's value of 52.50% is 153.3% above this benchmark. Historically, Grindwell Norton's own Gross Margin % has ranged from 49.88 to 53.44 over the past decade. While the company's 10-year median is 50.99 vs. the industry median of 20.73, 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 Gross Margin % for a Construction company?
The median Gross Margin % among Construction companies is 20.73, based on 1,721 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Grindwell Norton's current Gross Margin % of 52.50% is 153.3% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Grindwell Norton and its competitors. For the Construction industry, the median Gross Margin % is 20.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grindwell Norton's current Gross Margin % is 52.50%, which is near median its own 10-year median of 50.99. 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 ₹2,415.65, compared to a current price of ₹2,018.00 — trading 16.5% below its estimated fair value. The current Gross Margin % is 52.50%, which is near median its 10-year median of 50.99 and 153.3% above the Construction industry median of 20.73. Grindwell Norton's overall GF Score™ is 99/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Grindwell Norton (NSE:GRINDWELL), the current Gross Margin % is 52.50% as of Mar. 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 ₹2,018.00 is trading 16.5% below its estimated GF Value™ of ₹2,415.65. GuruFocus considers Grindwell Norton to be Modestly Undervalued.

Key valuation signals for NSE:GRINDWELL:

  • Gross Margin %: 52.50% (near median its 10-year median of 50.99)
  • GF Value™: ₹2,415.65 vs. price of ₹2,018.00 (16.5% below fair value)
  • GF Score™: 99/100 with 6 warning signs
  • Industry Position: 153.3% above the Construction median (#165 of 1721)

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.
99GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹2,018.00
Price
₹2,415.65
GF Value