Grindwell NortonNSE:GRINDWELL +0.90%97 Net Margin % is 14.16% as of Mar. 2026, which is 6% above its 10-year median of 13.38. GuruFocus rates NSE:GRINDWELL with a GF Score™ of 97/100 and a GF Value™ of ₹2,408.71 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,760 Construction companies, Grindwell Norton ranks better than 87.78% on this metric.
The historical rank and industry rank for Grindwell Norton's Net Margin % or its related term are showing as below:
NSE:GRINDWELL'
s Net Margin % Range Over the Past 10 Years
Min: 9.51 Med: 13.38 Max: 14.77
Current: 13.57
NSE:GRINDWELL's Net Margin % is ranked better than 87.78% of 1760
companies
in the Construction industry
Industry Median: 3.91
vs NSE:GRINDWELL: 13.57
Grindwell Norton (NSE:GRINDWELL) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Grindwell Norton Net Margin % Related Terms
Grindwell Norton Net Margin % Historical Data
* Premium members only.
The historical data trend for Grindwell Norton's Net 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.
NSE:GRINDWELL vs TT, JCI, CARR: Net Margin % Comparison
For the Building Products & Equipment subindustry, Grindwell Norton's Net Margin %, along with its competitors' market caps and Net 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 Net Margin % vs Construction Industry
For the Construction industry and Industrials sector, Grindwell Norton's Net Margin % distribution charts can be found below:
* The bar in red indicates where Grindwell Norton's Net Margin % falls into.
* 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 (NSE:GRINDWELL) has a Net Margin % of 14.16% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Grindwell Norton and its competitors. This is near median its historical median of 13.38. Over the past decade, Grindwell Norton's Net Margin % has ranged from 9.51 to 14.77. According to the industry distribution chart, Grindwell Norton ranks #215 out of 1760 companies in the Construction industry, placing it in the top 12.2%.
Is Grindwell Norton's Net Margin % too high?
Grindwell Norton's current Net Margin % of 14.16% is near median its 10-year median of 13.38. Over the past 10 years, this metric has ranged from a low of 9.51 to a high of 14.77. The Construction industry median Net Margin % is 3.91. Grindwell Norton's value of 14.16% is 262.1% above this industry median. Based on the distribution chart, Grindwell Norton ranks #215 out of 1760 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 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Grindwell Norton's Net Margin % compare to TT and JCI?
According to the Construction industry distribution chart, Grindwell Norton ranks #215 out of 1760 companies for Net Margin %. This places Grindwell Norton in the top 12% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.91. Grindwell Norton's value of 14.16% is 262.1% above this benchmark. Historically, Grindwell Norton's own Net Margin % has ranged from 9.51 to 14.77 over the past decade. While the company's 10-year median is 13.38 vs. the industry median of 3.91, 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 Net Margin % for a Construction company?
The median Net Margin % among Construction companies is 3.91, based on 1,760 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Grindwell Norton's current Net Margin % of 14.16% is 262.1% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Grindwell Norton and its competitors. For the Construction industry, the median Net Margin % is 3.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grindwell Norton's current Net Margin % is 14.16%, which is near median its own 10-year median of 13.38. 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 ₹2,408.71, compared to a current price of ₹2,166.10 — trading 10.1% below its estimated fair value. The current Net Margin % is 14.16%, which is near median its 10-year median of 13.38 and 262.1% above the Construction industry median of 3.91. Grindwell Norton's overall GF Score™ is 97/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Grindwell Norton (NSE:GRINDWELL), the current Net Margin % is 14.16% 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 ₹2,166.10 is trading 10.1% below its estimated GF Value™ of ₹2,408.71.
GuruFocus considers Grindwell Norton to be Modestly Undervalued.
Key valuation signals for NSE:GRINDWELL:
Net Margin %: 14.16% (near median its 10-year median of 13.38)
GF Value™: ₹2,408.71 vs. price of ₹2,166.10 (10.1% below fair value)
Industry Position: 262.1% above the Construction median (#215 of 1760)
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 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.
97GF Score
Get the complete analysis for NSE:GRINDWELL
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:GRINDWELL has been successfully added to your 
