1. India Stocks

  2. •

    Process industries

  3. •

    Chemicals: specialty
Grauer & Weil India Ltd.

Grauer & Weil India Ltd.

77.38
INR
-1.18
(-1.50%)
3.53EPS
21.88P/E
35.01BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
8.55
9.24
9.37
8.78
10.06
12.36
12.69
12.98
16.35
20.66
22.64
23.99
26.02
27.23
Basic EPS, GAAP
0.67
0.74
0.93
1.2
1.41
1.41
1.67
1.52
1.74
2.49
3.23
3.47
3.62
3.53
Free Cash Flow per Basic Share
0.88
0.99
1.51
1.58
1.37
-0.28
1.35
2.17
0.49
2.08
2.82
2.21
2.17
- -
Dividend per Share
0.07
0.09
0.25
0.05
0.24
0.36
0.66
- -
0.25
0.33
0.4
0.5
0.5
- -
Book Value per Share
4.27
4.79
5.58
6.62
7.8
8.85
9.81
11.34
12.85
14.98
17.76
20.72
23.86
- -
Tangible Book Value per Share
4.25
4.77
5.55
6.6
7.78
8.82
9.79
11.32
12.83
14.86
17.63
20.56
23.7
- -
Basic Weighted Avg Shares
453
453
453
453
453
453
453
453
453
453
453
453
453
454
Sales/Revenue/Turnover
3,875
4,187
4,249
3,981
4,560
5,604
5,756
5,885
7,415
9,369
10,267
10,879
11,797
12,359
Operating Margin (%)
12.84
15.18
16.84
18.55
18.88
16.56
13.89
14.23
12.91
14.74
17.14
15.8
14.61
13.31
Depreciation Expense
115
164
142
139
150
155
190
184
196
198
211
224
244
247
Net Income, GAAP
303
334
421
542
638
639
758
688
788
1,130
1,463
1,572
1,640
1,602
Effective Tax Rate (%)
14.3
27.72
24.33
25.58
29.65
32.14
20.51
26.98
26.26
25.67
25.45
25
24.03
24.09
Profit Margin (%)
7.82
7.97
9.91
13.62
13.99
11.4
13.18
11.69
10.62
12.06
14.25
14.45
13.9
12.96
Working Capital
229
357
703
1,223
1,877
1,951
2,314
3,137
3,607
4,158
5,699
6,394
5,437
- -
LT Debt
370
107
3
4
9
6
24
20
42
34
55
37
69
- -
Total Equity
1,934
2,171
2,528
3,003
3,535
4,012
4,448
5,140
5,824
6,792
8,052
9,393
10,816
- -
Return on Invested Capital (%)
11.28
12.4
15.1
16.49
16.65
14.25
15.24
12.19
12.12
15.1
16.3
14.28
12.55
- -
Return on Capital (%)
15.16
14.83
16.6
18.47
19.1
16.45
17.51
14.03
14.11
17.45
19.45
17.86
16.22
- -
Return on Common Equity (%)
16.8
16.26
17.93
19.6
19.51
16.93
17.93
14.35
14.37
17.91
19.71
18.02
16.23
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
77
- -
LT Borrowings
- -
26
- -
LT Finance Leases
- -
43
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
453
453
453
Market Capitalization
33,743
24,607
35,012

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
8,613
- -
Cash, Cash Equivalents & STI
- -
4,547
- -
Accounts Receivable, Net
- -
1,756
- -
Inventories
- -
1,788
- -
Total Current Liabilities
- -
3,175
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
77
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.67%
16.05%
15.15%
Free Cash Flow
-39.93%
51.37%
-1.77%
Net Income, GAAP
15.52%
19.83%
4.34%
Sales/Revenue/Turnover
11.24%
15.27%
8.43%
Total Cash Common Dividend
- -
- -
0.24%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2,641
2,547
2,748
3,399
10,879
2026
2,533
2,912
2,906
3,554
11,797
2027
2,987
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1.12
0.83
0.95
0.57
3.47
2026
0.96
0.85
0.71
1.09
3.62
2027
0.88
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.5
2026
- -
- -
- -
- -
0.5
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Nirajkumar U. More
Full Time Employees
987
Sector
Process industries
Industry
Chemicals: specialty
Address
Growel Corporate Mumbai MH India 400101
IPO Date
Jan 1, 1990
Website
growel.com
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Business
Grauer & Weil (India) Limited manufactures and markets specialty chemicals, industrial paints and coatings, engineering equipment, lubricants and oils for surface finishing applications; electroplating chemicals including zinc, nickel, chrome, copper, precious metals plating solutions, phosphating, anodizing, strippers and pre-treatment chemicals; protective, powder, liquid, pipeline, marine, anti-fouling and aerospace coatings; turnkey electroplating plants, filtration systems, effluent treatment plants and handling equipment; high-temperature chain oils, grinding coolants, cutting oils, wire drawing lubricants and hydraulic oils; water treatment chemicals and PCB/electronics solutions. The company, founded in 1957 and headquartered in Mumbai, India, holds a leading position with approximately 35% market share in India's electroplating chemicals sector, serving automobiles (30-40% of revenue), consumer durables, sanitary fittings, fasteners, gems and jewellery; it operates six manufacturing plants and 15 offices across India, two international offices including subsidiaries Grauer & Weil (Shanghai) Limited and Growel Chemicals Co. Limited, with exports to global markets and a branch in Dubai targeting the MENA region. Recent developments include total operating income growth of 9% year-over-year to ₹1,070 crore in FY24 driven by surface finishing (82% of revenue) and engineering segments (revenue doubled to ₹156 crore over four years), strong liquidity of ₹459 crore in cash equivalents as of September 2024 supporting planned ₹300 crore capex through FY27 for paints capacity expansion, electroplating chemicals augmentation and a new R&D centre, alongside temporary closure of its Kandivali Mumbai mall from March 2025 following a court-upheld pollution directive with a Supreme Court appeal filed, putting mall-related capex on hold.