GRINDWELLBSEGrindwell Norton Ltd-$HighPositive
Announced Fri, 8 May · 18:45 IST

Please find attached intimation regarding Dividend, record date and payment date.

GRINDWELL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+6.4%1-day move
₹1680.00
prior close
₹1746.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+1.3+1.4+2.4+6.4+5.7+7.0+10.9+10.0+14.0+10.7+12.8+21.1
Up moveDown movePending
AI summary

Grindwell Norton reported strong FY26 results with standalone revenue of Rs 3,02,587 Lakhs, up 10.5% from Rs 2,73,736 Lakhs in FY25. Net profit grew 14.3% to Rs 41,260 Lakhs from Rs 36,083 Lakhs, while EPS improved to Rs 37.27 from Rs 32.59. The Board recommended a dividend of Rs 19 per equity share (380% of face value Rs 5), subject to shareholder approval at the AGM on July 24, 2026. The record date for dividend entitlement is July 10, 2026, with payment starting July 28, 2026. Statutory auditors Kalyaniwalla & Mistry LLP issued an unmodified (clean) opinion on the financial statements.

Likely market impact

The company demonstrated solid operational performance with double-digit revenue and profit growth, supported by a clean audit. The dividend yield remains attractive for shareholders, and the healthy cash flow from operations (Rs 53,007 Lakhs) indicates ability to fund the dividend.