Financial Performance Highlights (FY25-26 vs FY24-25)

Revenue and Profitability:

  • Revenue from Operations: ₹3,073 crores (9.3% YoY growth from ₹2,812 crores)
  • EBIT (Earning Before Interest and Tax): ₹564 crores (12.5% YoY growth from ₹501 crores)
  • Profit Before Tax: ₹555 crores (12.9% YoY growth from ₹492 crores)
  • Net Profit for the year: ₹417 crores (12.3% YoY growth from ₹371 crores)

Margin and Efficiency Metrics:

  • EBIT Margin: 18.3% (vs 17.8% in FY24-25 and 19.2% in FY23-24)
  • Business Assets Turnover Ratio: 2.83 (vs 2.52 in FY24-25 and 2.37 in FY23-24)
  • Return on Business Assets (EBIT excl. Investment Income): 45.8% (vs 39.5% in FY24-25 and 41.2% in FY23-24)

Segment Performance:

  • Abrasives Revenue Growth: ~6.3% YoY
  • Ceramics & Plastics Revenue Growth: ~10.3% YoY
  • EBIT by Segment: Abrasives increased ~6.1% YoY, Ceramics & Plastics increased ~15.1% YoY
  • Long-term CAGR (2019-20 to 2025-26): Abrasives 10.3%, Ceramics & Plastics 19.6%

Dividend Information

  • FY 2025-26 dividend proposed by Board, subject to approval of shareholders in ensuing AGM

Capital Expenditure

  • Total Capex during last 5 years: ~₹794 crores (6% of Revenue)
  • Specific projects:
  • PCR Halol Expansion: Started 2022, Phase 1 completed 2024, Phase 2 WIP
  • Non-woven New Line: Started 2024
  • Coated Paper Maker Bangalore: Completed 2022
  • PPS C-Flex Extrusion Line: Commenced production 2023, capacity expansion in LS
  • Tap hole clay – PCR Halol
  • Asian Construction Press – Himachal – TW
  • Single Use Bags – PPL Bangalore
  • Fire Protection System – Mora – BA

New Products and Innovation

Abrasives Division:

  • Norton Spitfire Range: Engineered for speed and performance
  • Norton Xpert Rapid Heavy Fabrication Range: For tough jobs with long-lasting performance
  • Norton Xpert Rapid INOX Range: For SS fabrication with clean cuts and minimal burr
  • Norton Champ Metal Flap Disc: For smooth grinding and consistent finishing
  • Norton Massa No-fil Sheet: Minimizes clogging and maximizes efficiency
  • Norton Lion WPP: For wet sanding applications
  • Norton Dry Sheet: For everyday dry sanding
  • Norton Alkon Plus Narrow Belt R259: Strong and rigid backing for extended life
  • Norton Alkon Premium Narrow Belt 209: Flexible for grinding on contours
  • Norton Alkon NB & Rolls R305: For surface finishing in casting/forging
  • A316 Velcro disc: Aggressive material removal and high performance

Specialty Products Division:

  • Cold storage bags: For biopharmaceutical storage at ultra-low temperatures
  • Sani-Tech STHT-80: Platinum-cured silicone tubing for high burst pressure/vacuum
  • Sani-Tech® STHT®-LT: Platinum-cured silicone tubing for low temperature applications (-114°C)
  • Meldin® Ball Joint Liners: Thermoplastic liners for automotive applications
  • Furon® Tubings & Valves: High-purity fluid handling for semiconductor & PV cell manufacturing
  • Transfer Adhesive Tapes (Fire resistant): For automotive material mounting
  • Single use bags assemblies: For bioprocessing applications
  • Rulon® Fluoropolymers: PTFE filled compounds with 1000+ formulations
  • Torsion Bar: Uses NORGLIDE® Bearing to replace needle bearing
  • Advancer ST: New products for sanitary ware market
  • Advancer ST Plates: Improved version of Neutral ramming Mass
  • Hearth Temp. Control for BF Life > 12 Yrs

Sustainability Initiatives

  • Substantial reduction in environmental impact since 2017
  • Electro coagulation for treating Effluent
  • Use of treated water in Scrubbers & Boilers, polished water in Process
  • CBG to replace PNG for process
  • Acetone replaced with Green C, Plant-based Citric acid
  • Recovered grains from Trims used in Hand sanding rolls

Awards and Accolades

  • Grindwell Norton Limited, Bangalore: CII EHS Excellence Awards 2025 under "Silver Category"
  • Grindwell Norton Mora Plant: Gold Trophy by QCFI
  • Gold Award at 54th CII National Kaizen Competition
  • EcoVadis Silver Certification for Halol Plant
  • Halol Plant enters Millionaire club for safety
  • Top Employer Institute Award for 11th consecutive year
  • Economic Times Human Capital Award

Events and Exhibitions

  • Defence Manufacturing Conclave 2025: Presented advanced solutions for defence manufacturing
  • Demonstrated integrated solutions for semiconductor and electronics manufacturing (53 leads)
  • Showcased MASS® ULTRA silicon carbide solutions for ceramics industry
  • Presented integrated mobility solutions for rail infrastructure

Digital Initiatives

  • Norton Abrasives digital solutions
  • Saint-Gobain Automotive Solutions digital offerings
  • Performance Ceramics and Refractories digital tools
  • Grindwell Norton website revamped

Employee Engagement Metrics

  • Participation %: 98%
  • eNPS Score: 62%
  • Mental Well-Being Index: 92%
  • TEC Index: 93%
  • Diversity & Inclusion Index: 93%
  • Engagement Index: 92%

Learning & Development

  • Launched new LMS Tool named KnowHub
  • Launched GNO wide training calendar

Hiring & Talent Acquisition

  • Launched new recruitment tool named DISHA
  • Focused Campus Drive initiatives

IR & ER Excellence

  • New ER Pulse Dashboard launched for all plants
  • On-time monthly reporting & proactive action
  • First Time Manager Orientation (40+ GNO managers)
  • New onboarding pilot completed (rollout underway)

Corporate Social Responsibility Strategy

Alignment with Business Identity:

  • Workplace Learning
  • Skills & Vocational Training
  • Sustainability
  • Innovation & Incubation Research

Alignment with Business Values:

  • Livelihood Projects
  • Environment
  • Gender Diversity & Inclusions
  • Education
  • Healthcare & Sanitation

Alignment with Local Needs:

  • Community support near plant locations

Forward-Looking Statements Disclaimer

The presentation contains forward-looking statements involving risks and uncertainties that could cause actual results to differ materially. The information is for informational purposes only and should not be considered investment advice. The company accepts no liability for any loss arising from the presentation.