Peers

Grindwell Norton Ltd. stands out as a strong performer in the abrasives industry with solid profitability metrics and a favorable growth trajectory. It offers a good balance of growth and valuation compared to its peers, making it a compelling choice for investors.

• • Grindwell Norton leads in ROE and ROCE, indicating strong profitability and efficient use of capital.
• • The company’s low debt levels suggest financial stability, positioning it favorably against peers with higher debt ratios.
• • Despite a higher PE ratio, its growth metrics justify the valuation, particularly the low PEG ratio which indicates potential for future growth.

• • Grindwell Norton Ltd.: Strong ROE (20.05%) and low debt to equity ratio (0.0089) indicate robust profitability and financial stability.
• • Wendt (India) Ltd.: Highest EPS growth (177.90) and solid profitability metrics, including a high EBITDA margin (27.65%).
• • Carborundum Universal Ltd.: Offers a strong revenue growth YoY (4.08%) and decent profitability metrics, although slightly lower than Grindwell.