TickerKhojComparison · NSE · data 2026-11-01
Grindwell Norton Limited vs Himadri Speciality Chemical Ltd.
In plain words
Size: Himadri Speciality Chemical Ltd. is about 1.2 times the market value of Grindwell Norton Limited.
Valuation (P/E): Grindwell Norton Limited 45 vs Himadri Speciality Chemical Ltd. 30.
Profit growth over 3 years: Himadri Speciality Chemical Ltd. 51.5% a year vs Grindwell Norton Limited 4.7% a year.
Debt to equity: Himadri Speciality Chemical Ltd. 0.16 vs Grindwell Norton Limited 0.02.
Differences in the numbers, not a recommendation of either stock.
Side by side
| GRINDWELL | HSCL | |
|---|---|---|
| Price | ₹1,878.6 | ₹509.2 |
| Market cap | ₹20,815 cr | ₹25,716 cr |
| P/E | 45 | 30 |
| P/B | 8 | 5 |
| ROE | 17.4% | 17.8% |
| ROCE | 19.2% | 20.7% |
| Debt / equity | 0.02 | 0.16 |
| Operating margin | 15.8% | 19.5% |
| Dividend yield | 1.01% | 0.16% |
| Sales growth, 3 years (yearly) | 6.5% | 3.7% |
| Profit growth, 3 years (yearly) | 4.7% | 51.5% |
| 1-year return | 18.7% | 4.3% |
| Revenue, last 12 months | ₹3,282 cr | ₹5,595 cr |
| Net profit, last 12 months | ₹462 cr | ₹855 cr |
| Latest quarter | Sept 2026 | Sept 2026 |
| Quarter net profit | ₹133 cr | ₹232 cr |
| Quarter profit vs a year earlier | +24.2% | +31.5% |
| Promoter holding | 58.03% | 52.49% |
| Health check | Average (5/10) | Average (6/10) |
Common questions
Which has a higher P/E, Grindwell Norton Limited or Himadri Speciality Chemical Ltd.?
Grindwell Norton Limited trades at the higher P/E (45 against 30). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Himadri Speciality Chemical Ltd. (17.8% against 17.4%).
Which carries more debt?
Himadri Speciality Chemical Ltd. has the higher debt-to-equity ratio (0.16 against 0.02).