Grindwell Norton Limited · NSE:GRINDWELL
Grindwell Norton — Investor Presentation (May 2026)
39 slides from Grindwell Norton's investor presentation, May 29, 2026
Slide 1: Grindwell Norton Limited Analyst's Meet May 29, 2026
GRINDWELL NORTON LIMITED ANALYST’S MEET MAY 29, 2026
Slide 2: Disclaimer
• This presentation report is for distribution only under such circumstances as may be permitted by applicable law. It is solely for information purposes only. • Certain statements in this presentation are forward looking statements, which involve a number of risks, and uncertainties that could caus
Slide 3: Be the go-to partner for our customers
OUTPERFORM BECOME THE OUR MARKETS GO-TO PARTNER FOR OUR CUSTOMERS BE ASOLUTIONS COMPANY LEAD & GROW 4 in
Slide 4: Sustainability
SUSTAINABILITY
Slide 5: Substantial reduction since 2017
Substantial reduction since 2017…….. CO2 Scope1 1.34x Energy 1.36x by (43%)* by (42%)* Output by 2.33x 0.94x (59%)* Water 0.91x NRW by by (61%)* 5 * Proportionate reduction
Slide 6: Sustainability initiatives: effluent treatment and water reuse
Electro coagulation for treating Use of treated water in Scrubbers & Polished water used in Process Effluent Boilers Acetone replaced with Green C, Plant Recovered grains from Trims used in CBG to replace PNG for process based Citric acid Acetone is highly Hand sanding rolls irritant to respiratory
Slide 7: New Products and Innovation
NEW PRODUCTS AND INNOVATION
Slide 8: Target market segments
Steel, Foundry & Forge General Engineering Automotive Core heavy manufacturing Broad industrial applications Mobility and component ecosystem Life Science / Medical Consumer Products Emerging High-precision regulated Mass-market manufacturing EV, Electronics, Solar, sectors Space and Aerospace 8
Slide 9: Norton abrasives new product range
Norton Xpert Rapid Heavy Fabrication Range - Norton Champ Metal Flap Disc - Norton Xpert Rapid INOX Range - Ensures clean Norton Spitfire Range - Engineered for Offers powerful and long-lasting performance. Designed for smooth grinding speed. Designed for performance. cuts, minimal burr, and consist
Slide 10: Cold storage bags and silicone tubing products
Cold storage bags – The Cold Storage Sani-Tech® STHT®-LT: It is a platinum-cured Sani-Tech STHT-80: It is a premium Bag is an advanced solution specifically silicone tubing designed specifically for low platinum-cured silicone tubing designed for designed for the storage and transportation temperatu
Slide 11: Single use bags and Rulon fluoropolymers
Single use bags assemblies - Single- Rulon® Fluoropolymers Torsion Bar - Uses a NORGLIDE® use bags constructed of a multilayer • PTFE Filled Compounds • Low friction Bearing to replace a needle bearing film optimized for bioprocessing and low wear • Broad chemical improving hysteresis and NVH applic
Slide 12: New products for refractory customers
New products for Petrochemical & Carbon Black Market New products for customers For Sanitary Ware market - Advancer ST Advancer ST Plates AL 100 AL 102 and MS 2R Improved and advanced version of Neutral ramming Mass and New Shapes for customers For WRT market - CN 178 Coil Coat solutions for Foundry
Slide 13: Awards and Accolades
AWARDS AND ACCOLADES
Slide 14: CII EHS, Kaizen and safety awards
Grindwell Norton Limited, Bangalore Grindwell Norton Mora Plant won the Gold Award at the 54th CII National won the CII EHS Excellence Awards Gold Trophy organized by QCFI Kaizen Competition organized by the 2025 under the “Silver Category”, Confederation of Indian Industry- presented by the Confede
Slide 15: Events and Exhibitions
EVENTS AND EXHIBITIONS
Slide 16: Events and exhibitions showcased solutions
Showcased LO-MASS® and LO- Presented advanced solutions Showcased integrated mobility Demonstrated integrated solutions MASS® ULTRA silicon carbide supporting India’s evolving defence solutions focused on rail enabling precision, reliability, and solutions designed to enhance manufacturing ecosystem
Slide 17: Digital
DIGITAL
Slide 18: Digital adoption
DIGITAL ADOPTION > Sales And Product Sales Support § Channel & edie Management | (Functions i) Partners Retailers os Our Stakeholders DIGITAL PLATFORMS a Digital Landscape DATA ANALYSIS To redefine stakeholder experience by enabling frictionless interactions, data-driven collaboration and scalable d
Slide 19: Social media views and reach by business
NORTON ABRASIVES SAINT-GOBAIN AUTOMOTIVE SOLUTIONS PERFORMANCE CERAMICS AND REFRACTORIES 5.6M Views 4.4M Reach 19
Slide 20: Grindwell Norton Website Revamped
GRINDWELL NORTON WEBSITE REVAMPED 20
Slide 21: Employee Engagement
EMPLOYEE ENGAGEMENT
Slide 22: eNPS and Engagement Index survey results
Score indicates slight increase in 2025 me@SG 2025 (+1 across most indexes) Survey Results 62 92% eNPS eNPS Score YoY Trend Engagement Index 2025 62 Mental Diversity & 2024 61 Well-Being Inclusion Index Index 2023 66 92% 93% Engagement Results YoY Trend TEC Management Index Index 89% I feel apprecia
Slide 23: HR initiatives: learning, hiring, ER and onboarding
LEARNING & HIRING & TALENT IR & ER EMPLOYEE EXPERIENCE DEVELOPMENT ACQUISITION EXCELLENCE & ONBOARDING LMS (KnowHub) - ATS (DISHA) – Driving Discipline through Elevating Moments that Matter Developing Talent Transformational Tool Data ◆ Launched new recruitment tool ◆ New ER Pulse Dashboard launched
Slide 24: Top Employer and Human Capital awards
Award by Top Employer Institute – Award by Economic Times Human Capital for 11th Consecutive year
Slide 25: Corporate Social Responsibility
CORPORATE SOCIAL RESPONSIBILITY
Slide 26: CSR strategy
CSR Strategy 19 6 ~19,000 9.1 26 2 Alignment with Business Identity Workplace Learning (Crores) Flagship Skills & Vocational Training STATES PEOPLE Amont PARTNERS & UT BENEFITED spent PROJECTS Sustainability during Innovation & Incubation 2025-26 Research Alignment with Business Values Livelihood Pr
Slide 27: Investment
INVESTMENT
Slide 28: Capacity expansion projects
PCR Halol Expansion Non-woven New Line Started in 2022 Phase 1 completed in 2024 Started in 2024 Phase 2 WIP Coated Paper Maker PPS C-Flex Extrusion Line Bangalore Commenced production in 2023 Completed in 2022 Capacity expansion in LS 28
Slide 29: Capex projects; ~Rs.794 crores over 5 years
Tap hole clay – PCR Halol Single Use Bags – PPL Bangalore Asian Construction Press – Fire Protection System – Mora – Himachal – TW BA 29 Total Capex during last 5 years amounting to ~Rs.794 crores (6% of Revenue)
Slide 30: Key Financial Indicators
KEY FINANCIAL INDICATORS
Slide 31: Key Financials (As Published)
(Rs. in crores) Key Financials (As Published) FY 23-24 FY 24-25 FY 25-26 YOY Growth % Revenue from Operations 2687 2812 3073 9.3% Earning Before Interest and Tax (EBIT) 516 501 564 12.5% Profit Before Tax 509 492 555 12.9% Net Profit for the year 384 371 417 12.3% EBIT Margin (Revenue from Operation
Slide 32: Increase in Revenue from Operations ~9.3%
(Rs. in crores) CAGR: 2019-20 to 2025-26 GDP: 9.5% GNO Rev. from Op: 11.7% 3073 2687 2812 2541 2013 1580 1638 19/20 20/21 21/22 22/23 23/24 24/25 25/26 2025-26 vs 2024-25: Increase in Revenue from Operations ~9.3% 32
Slide 33: Increase in EBIT 12.6%
(Rs. in crores) CAGR: 2019-20 to 2025-26 564 EBIT: 14.7% 516 494 501 400 321 247 19/20 20/21 21/22 22/23 23/24 24/25 25/26 2025-26 vs 2024-25: Increase in EBIT 12.6% 33
Slide 34: Revenue by segment: Abrasives and Ceramics & Plastics
(Rs. in crores) CAGR 2019-20 to 2025-26 Abrasives: 8.4% Abrasives C&P 1491 Ceramics & Plastics: 17.3% 1403 1358 1275 1136 1311 1189 920 931 1102 1035 701 503 539 19/20 20/21 21/22 22/23 23/24 24/25 25/26 2025-26 vs 2024-25: Increase in Revenue from Operations: Abrasives ~6.3% Ceramics & Plastics ~10
Slide 35: Segment EBIT: Abrasives and C&P
(Rs. in crores) CAGR: 2019-20 to 2025-26 Abrasives: 10.3% C&P: 19.6% 228 231 207 201 173 189 192 180 181 130 156 107 112 79 19/20 20/21 21/22 22/23 23/24 24/25 25/26 Abrasives C&P 2025-26 vs 2024-25: Abrasives increased by ~6.1% and C&P by ~15.1% 35
Slide 36: Revenue: domestic and export
CAGR: 2019-20 to 2025-26 GDP: 9.5% (Rs. in crores) GNO Rev. from Op: 11.7% Domestic: 12.5% Export: 8.5% 3073 2812 2687 2541 2566 2013 2271 2342 1580 1638 2088 1675 1269 1284 453 415 470 507 311 354 338 19/20 20/21 21/22 22/23 23/24 24/25 25/26 GNO (Total) Exports Domestic 36
Slide 37: Dividend per share
(Rs. Per Share) 25.0 19.00 20.0 17.00 17.00 14.50 15.0 12.00 9.50 10.0 7.50 5.0 19/20 20/21 21/22 22/23 23/24 24/25 25/26 FY 2025-26 dividend proposed by Board, subject to approval of shareholders in ensuing AGM 37
Slide 38: Be the go-to partner for our customers
OUTPERFORM BECOME THE OUR MARKETS GO-TO PARTNER FOR OUR CUSTOMERS BE ASOLUTIONS COMPANY LEAD & GROW 4 in
Slide 39: Thank you
IZ LEAD & GROW gr 2030 THANK YOU “sant WD SAINT-GOBAIN