Grindwell Norton Ltd reported a strong performance for Q4 FY26 with consolidated revenue from operations rising to ₹842 crore and net profit increasing to ₹119 crore. The company also announced a final dividend of ₹19 per share. Strong growth across abrasives, ceramics, and digital services boosted annual profitability and operational momentum.
Grindwell Norton Ltd, a leading industrial abrasives and ceramics manufacturer under the Saint-Gobain Group, delivered solid Q4 FY26 earnings supported by healthy demand across key business segments. The company’s board also approved a dividend payout, signaling confidence in long-term growth and cash flow strength.
Q4 FY26 Financial Performance
The company reported consolidated revenue from operations of ₹842.21 crore in the March 2026 quarter, compared to ₹709.51 crore in the corresponding quarter last year, reflecting robust year-on-year growth. Consolidated net profit stood at ₹119.34 crore against ₹92.84 crore a year earlier.
Profit before tax for Q4 FY26 came in at ₹157.79 crore, while total comprehensive income rose to ₹144.94 crore. Earnings per share increased to ₹10.72 from ₹8.36 in Q4 FY25.
Annual FY26 Performance
For the full financial year FY26, Grindwell Norton posted consolidated revenue from operations of ₹3,073.19 crore, compared with ₹2,811.59 crore in FY25. Annual net profit climbed to ₹416.79 crore from ₹371.27 crore last year.
The company’s total comprehensive income for FY26 stood at ₹465.14 crore, highlighting improved profitability and operational efficiency.
Dividend Announcement And Shareholder Details
The board recommended a dividend of ₹19 per equity share of face value ₹5 each for FY26, subject to shareholder approval at the upcoming Annual General Meeting scheduled on July 24, 2026. The record date for dividend eligibility has been fixed as July 10, 2026, while dividend payments are expected from July 28, 2026.
Segment Performance Remains Strong
The abrasives business remained the largest contributor with quarterly revenue of ₹414.15 crore, followed by ceramics and plastics at ₹342.12 crore. Digital services revenue also improved to ₹60.53 crore during the quarter.
Management also highlighted that the implementation of India’s new labour codes resulted in an incremental employee benefit obligation of ₹100.27 lakh during FY26.
Key Highlights
- Q4 FY26 consolidated revenue rose to ₹842.21 crore
- Quarterly net profit increased to ₹119.34 crore
- FY26 consolidated revenue crossed ₹3,073 crore
- FY26 net profit reached ₹416.79 crore
- Dividend of ₹19 per share recommended
- EPS improved to ₹10.72 in Q4 FY26
- Strong contribution from abrasives and ceramics segments
- AGM scheduled for July 24, 2026
- Record date for dividend fixed as July 10, 2026
Sources: Grindwell Norton Q4 FY26 Exchange Filing, NSE, BSE