Grindwell Norton (NSE:GRINDWELL) Total Inventories: ₹4,815 Mil (As of Mar. 2026)


NSE:GRINDWELL Grindwell Norton Ltd NSE:GRINDWELL
96 GF Score
Price ₹2,153.80
GF Value ₹2,408.71
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Grindwell Norton Total Inventories?

Grindwell Norton NSE:GRINDWELL -0.57% 96 Total Inventories is ₹4,815 Mil as of Mar. 2026. GuruFocus rates NSE:GRINDWELL with a GF Score™ of 96/100 and a GF Value™ of ₹2,408.71 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Grindwell Norton's total inventories for the quarter that ended in Mar. 2026 was ₹4,815 Mil. Grindwell Norton's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was ₹2,407 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Grindwell Norton's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ₹71.86.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Grindwell Norton's Days Inventory for the three months ended in Mar. 2026 was 55.14.

Inventory Turnover measures how fast the company turns over its inventory within a year. Grindwell Norton's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.65.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Grindwell Norton's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.29.


Grindwell Norton  (NSE:GRINDWELL) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Grindwell Norton's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is

Net-Net Working Capital Per Share (Q: Mar. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(11603.996+0.75 * 3967.736+0.5 * 4814.618-8879.24
-0-151.811)/110.720
=71.86

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Grindwell Norton's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=2407.309/3983.873*365 / 4
=55.14

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

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

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2026 ) / Average Total Inventories (Q: Mar. 2026 )
=3983.873 / 2407.309
=1.65

4. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Grindwell Norton's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=2407.309 / 8387.741
=0.29

* 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.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Grindwell Norton Total Inventories Related Terms


Grindwell Norton Total Inventories Historical Data

* Premium members only.

The historical data trend for Grindwell Norton's Total Inventories 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 Total Inventories Chart

Grindwell Norton Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,476.11 4,639.43 4,876.05 4,898.80 4,814.62

Grindwell Norton Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Inventories 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 4,898.80 0.00 5,108.60 0.00 4,814.62
NSE:GRINDWELL
96GF Score
Grindwell Norton Ltd NSE:GRINDWELL
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grindwell Norton Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of ₹4,815 Mil mean?
Grindwell Norton (NSE:GRINDWELL) has a Total Inventories of ₹4,815 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Grindwell Norton and its competitors.
Is Grindwell Norton's Total Inventories too high?
Grindwell Norton's current Total Inventories is ₹4,815 Mil. Overall, Grindwell Norton has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Grindwell Norton's Total Inventories compare to TT and JCI?
Grindwell Norton's Total Inventories of ₹4,815 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Construction company?
A good Total Inventories depends on the Construction industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Grindwell Norton and its competitors. Grindwell Norton's current Total Inventories is ₹4,815 Mil. 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 ₹2,408.71, compared to a current price of ₹2,153.80 — trading 10.6% below its estimated fair value. The current Total Inventories is ₹4,815 Mil. Grindwell Norton's overall GF Score™ is 96/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Grindwell Norton (NSE:GRINDWELL), the current Total Inventories is ₹4,815 Mil 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 ₹2,153.80 is trading 10.6% below its estimated GF Value™ of ₹2,408.71. GuruFocus considers Grindwell Norton to be Modestly Undervalued.

Key valuation signals for NSE:GRINDWELL:

  • Total Inventories: ₹4,815 Mil
  • GF Value™: ₹2,408.71 vs. price of ₹2,153.80 (10.6% below fair value)
  • GF Score™: 96/100 with 6 warning signs

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.
96GF Score

Get the complete analysis for NSE:GRINDWELL

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

₹2,153.80
Price
₹2,408.71
GF Value