Grindwell Norton Limited · NSE:GRINDWELL
Grindwell Norton — Investor Presentation (May 2025)
33 slides from Grindwell Norton's investor presentation, May 29, 2025
Slide 1: Grindwell Norton Limited Analyst's Meet
GRINDWELL NORTON LIMITED ANALYST’S MEET MAY 29, 2025
Slide 2: Disclaimer
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
Slide 3: Unleash Growth in GNO
UNLEASH GROWTH IN GNO G R O W T H GROW RESOURCE ONE WORLD. ONE WORLD CLASS TECHNOLOGY & HUNTER’S MINDSET O P T I M I Z AT I O N SAINT-GOBAIN I N N O VAT I O N • Deliver on Growth • Enhance • Commitment to • Best-in-Class • Innovate and Improve • Outperform Productivity Sustainability Products • Fost
Slide 4: Unleash Growth
Unleash. Growth 4 SAINT-GOBAIN
Slide 5: Organisation
ORGANISATION “ont Ws SAINT-GOBAIN
Slide 6: People and Talent
PEOPLE AND TALENT Ops Nag/HP Partner Ac Adh & Thin Wh Auto After Abr. Opex-Abr & Nagpur Indirect Ch Sealant Mktg.Paint/Const Digital Ch S. C. Dey Sudersan R Yogesh K. Surya Joshi Harish P VP Abrasives Amit Koul Super Abra. Purchase Sales-Dom./ Coated Bonded Abr VS Nagaraj Non-WW Abhijeet Exp. Kamal
Slide 7: Sustainability and EHS
SUSTAINABILITY AND EHS “ont Ws SAINT-GOBAIN
Slide 8: Sustainability – 2024 vs 2017
SUSTAINABILITY – 2024 VS 2017 Substantial reduction since 2017…….. CO2 Scope1 1.43x Energy 1.46x by (38%)* by (36%)* Output by 2.29x 1.41x (36%)* Water 1.04x NRW by by (55%)* 8 * Proportionate reduction
Slide 9: Focused Improvements – EHS
FOCUSED IMPROVEMENTS – EHS Shift from Gas Fired Kilns to Electrical Kilns – Savings of ~960 tons of CO2 9 Reduced specific energy by 30%
Slide 10: Economy
Growth “is “ont Ws SAINT-GOBAIN
Slide 11: India: GDP and IIP Growth (%)
INDIA: GDP AND IIP GROWTH (%) Yearly GDP Growth (%) trend Yearly IIP(%) growth trend 9.1 11.4 8.0 8.3 7.4 7.2 9.2 6.4 6.8 6.5 6.5 5.5 5.9 5.2 3.9 4.0 4.6 4.4 4 3.3 3.3 3.3 3.8 12-13 24-25 (F) 13-14 14-15 15-16 16-17 17-18 18-19 19-20 20-21 21-22 22-23 23-24 -0.8 24-25(F) 14-15 15-16 16-17 17-18 19-2
Slide 12: New Products and Innovation
NEW PRODUCTS AND INNOVATION “ont Ws SAINT-GOBAIN
Slide 13: Abrasives New Products
ABRASIVES NEW PRODUCTS Norton Hitech Prime– Comes with patented Metal Bond PE Wheels – New range for Auto Norton Spitfire Range– Best-in-class products for grain & bond technology for increased wheel life and Solar glass edge grinding Cutting, Grinding and Finishing applications and excellent perfor
Slide 14: C&P New Products
C&P NEW PRODUCTS Single Use Bags and Assemblies Ball Joint – Steering inner/Outer ball Seat Ring– Valve seats joint Pack Seal Compression pad Electric Insulation Battery pack- Solutions for battery pack to Wire Harness – Electrical insulation for Electrical insulation Double Sided enhance performanc
Slide 15: Investment
Growth “is “ont Ws SAINT-GOBAIN
Slide 16: Major Capex 2020-21 to 2024-25
MAJOR CAPEX 2020-21TO 2024-25 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 16
Slide 17: Digital & Automation
DIGITAL & AUTOMATION “ont Ws SAINT-GOBAIN
Slide 18: IT and Digital
IT AND DIGITAL CUSTOMER CONNECT MANUAL TO DIGITIZATION • Enriched Customer Portal to • MES system for online tracking enhance ease of transactions of manufacturing processes ANALYTICS INFRASTRUCTURE • Data analytics for market • IT Infrastructure and security in intelligence, supply chain, line with
Slide 19: Employee Engagement
EMPLOYEE ENGAGEMENT “ont Ws SAINT-GOBAIN
Slide 20: Employee Engagement – Me@Saint-Gobain
EMPLOYEE ENGAGEMENT – ME@SAINT-GOBAIN ME@SAINT-GOBAIN – GRINDWELL NORTON LIMITED Engagement 92 93 93 Participation % 97.4 D&I Index TEC Index G & I Index 94 Index The Engagement Index is at 92, surpassing the Industry Average of 83. Our Employee Net Promoter Score (E-NPS) of 61 significantly sur
Slide 21: Corporate Social Responsibility (CSR)
CORPORATE SOCIAL RESPONSIBILITY (CSR)
Slide 22: CSR Initiatives: 2024-25
CSR INITIATIVES: 2024-25 CSR Strategy 18 5 ~88000 91.9 21 2 Alignment with Business Identity Workplace Learning Flagship STATES PEOPLE (MN INR) PARTNERS & UT BENEFITED BUDGET PROJECTS ANCHORS Skills & Vocational Training 2024-25 Sustainability Innovation & Incubation Research Alignment with Business
Slide 23: Key Financial Indicators
Growth ls nin, “Sane KEY FINANCIAL INDICATORS “ont Ws SAINT-GOBAIN
Slide 24: GDP, GNO Revenue and PBT Index to 2019-20
GDP, GNO REVENUE AND PBT INDEX TO 2019-20 GDP Revenue PBT 210 200 203 178 170 163 161 165 131 150 127 134 104 118 100 99 19/20 20/21 21/22 22/23 23/24 24/25 24
Slide 25: Revenue from Operations
REVENUE FROM OPERATIONS (Rs. Crores) CAGR: 2019-20 to 2024-25 GDP: 10.5% 2812 2687 GNO Rev. from Op: 12.2% 2541 2013 1580 1638 19/20 20/21 21/22 22/23 23/24 24/25 2024-25 vs 2023-24: Increase in Revenue from Operations ~4.6% 25
Slide 26: Domestic and Exports Revenue
DOMESTIC AND EXPORTS REVENUE (Rs. Crores) CAGR: 2019-20 to 2024-25 GDP: 10.5% GNO Rev. from Op: 12.2% Domestic: 13.4% Export: 6.8% GNO (Total) Exports Domestic 2812 2687 2541 2013 2380 2271 1638 2088 1580 1675 1269 1284 453 415 432 311 354 338 19/20 20/21 21/22 22/23 23/24 24/25 26
Slide 27: Segment Revenue
SEGMENT REVENUE (Rs. Crores) CAGR 2019-20 to 2024-25 Abrasives C&P Abrasives: 8.8% Ceramics & Plastics: 18.8% 1403 1358 1275 1136 1189 920 931 1102 1035 701 539 503 19/20 20/21 21/22 22/23 23/24 24/25 2024-25 vs 2023-24: Increase in Revenue from Operations: • Abrasives ~3.3% • Ceramics & Plastics ~7
Slide 28: Earning Before Interest and Tax (EBIT)
EARNING BEFORE INTEREST AND TAX (EBIT) (Rs. Crores) CAGR: 2019-20 to 2024-25 EBIT: 15.2% 494 516 501 400 321 247 19/20 20/21 21/22 22/23 23/24 24/25 2024-25 vs 2023-24: Decrease in EBIT -2.9% 28
Slide 29: Segment Earning Before Interest and Tax (EBIT)
SEGMENT EARNING BEFORE INTEREST AND TAX (EBIT) (Rs. Crores) CAGR: 2019-20 to 2024-25 Abrasives: 11.1% C&P: 20.5% 228 207 201 173 189 180 181 130 156 107 112 79 19/20 20/21 21/22 22/23 23/24 24/25 Abrasives C&P 2024-25 vs 2023-24: Abrasives decreased by ~4.3% and C&P by ~3.3% 29
Slide 30: EBIT & PAT
EBIT & PAT (Rs. Crores) CAGR: 2019-20 to 2024-25 EBIT: 15.2% PAT: 15.1% 494 516 501 400 321 247 362 384 371 295 238 184 19/20 20/21 21/22 22/23 23/24 24/25 EBIT PAT 2024-25 vs 2023-24: EBIT decreased by ~2.9% and PAT by ~3.3% 30
Slide 31: Key Financial Indicators
KEY FINANCIAL INDICATORS (Rs. Crores) Key Financials (As Published) FY 22-23 FY 23-24 FY 24-25 Growth % Revenue from Operations 2541 2687 2812 4.6% Earning Before Interest and Tax (EBIT) 494 516 501 -2.9% Profit Before Tax 486 509 492 -3.3% Net Profit for the year 362 384 371 -3.3% EBIT Margin (on N
Slide 32: Dividend
DIVIDEND 20.0 17.00 17.00 14.50 15.0 12.00 9.50 10.0 7.50 Dividend Per Share (Rs.) 5.0 0.0 19/20 20/21 21/22 22/23 23/24 24/25 Note – FY 2024-25 dividend proposed by Board, subject to approval of shareholder in ensuing AGM 32
Slide 33: Thank You
THANK YOU YEARS YOUNG |AKING THE WORLD ABETTER HOME,