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Grauer & Weil (India) Limited

Grauer & Weil (India) Limited

GRAUWEIL.NS
Grauer & Weil (India) LimitedIN flagNational Stock Exchange of India
81.07
INR
+0.92
- -
36.30BMarket Cap
Grauer & Weil (India) Limited
GRAUWEIL.NS
(National Stock Exchange of India)

Recent

price

81.07

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
7.55
7.37
7.42
8.55
9.24
9.37
8.78
10.06
12.36
12.69
12.98
16.35
20.66
22.64
25.02
26.27
26.2
Revenue per Share
0.3
0.52
0.44
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
3.61
Basic EPS, GAAP
-0.16
0.74
0.84
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
- -
Free Cash Flow per Basic Share
- -
0.05
0.09
0.07
0.09
0.25
0.05
0.24
0.36
0.66
- -
0.25
0.33
0.4
0.5
0.5
- -
Dividend per Share
0.5
0.55
0.57
0.48
0.49
0.59
0.9
0.74
0.8
0.7
0.9
1
0.96
3.78
1.63
1
1
Book Value per Share
3.25
3.37
3.67
4.25
4.77
5.55
6.6
7.78
8.82
9.79
11.32
12.83
14.86
17.63
20.58
23.72
23.65
Tangible Book Value per Share
371
453
453
453
453
453
453
453
453
453
453
453
453
453
453
453
454
Basic Weighted Avg Shares
2,803
3,342
3,364
3,875
4,187
4,249
3,981
4,560
5,604
5,756
5,885
7,415
9,369
10,267
11,333
11,902
11,904
Sales/Revenue/Turnover
12.6
15.14
12.72
12.84
15.18
16.84
18.55
18.88
16.56
13.89
14.23
12.91
14.74
17.14
14.61
14.2
14.22
Operating Margin (%)
75
99
110
115
164
142
139
150
155
190
184
196
198
211
224
244
244
Depreciation Expense
113
234
198
303
334
421
542
638
639
758
688
788
1,130
1,463
1,572
1,640
1,640
Net Income, GAAP
30.02
23.1
16.9
14.3
27.72
24.33
25.58
29.65
32.14
20.51
26.98
26.26
25.67
25.45
25.01
24.03
24.03
Effective Tax Rate (%)
4.04
7.01
5.89
7.82
7.97
9.91
13.62
13.99
11.4
13.18
11.69
10.62
12.06
14.25
13.87
13.78
13.78
Profit Margin (%)
680
112
121
229
357
703
1,223
1,877
1,951
2,314
3,137
3,607
4,158
5,699
6,394
5,438
5,438
Working Capital
1,533
702
579
370
107
3
4
9
6
24
20
42
34
55
37
69
69
LT Debt
1,206
1,532
1,674
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
10,816
Total Equity
9.63
14.36
13.31
15.87
17.07
19.41
17.69
17.26
15.67
13.99
11.87
12.05
15.37
16.76
13.72
12.37
12.01
Return on Invested Capital (%)
12.16
24.32
14.98
36.39
46.51
71.91
96.79
128.05
131.45
139.43
120.29
121.89
166.19
112.24
112.2
228.46
283.61
Return on Capital (%)
60.99
107.33
78.05
127.72
152.08
172.87
160.93
171.51
183.25
223.18
189.69
183.62
255.4
136.19
128.23
275.63
361.76
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
74
- -
77
LT Borrowings
14
- -
37
LT Finance Leases
30
- -
31
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
453
- -
453
Market Capitalization
- -
- -
- -

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
8,436
- -
8,613
Cash, Cash Equivalents & STI
4,921
- -
4,744
Accounts Receivable, Net
1,464
- -
1,756
Inventories
1,692
- -
1,788
Total Current Liabilities
2,835
- -
3,175
Payables & Accruals
- -
- -
- -
ST Debt
74
- -
77
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

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%
-1.78%
Net Income, GAAP
15.52%
19.83%
4.35%
Sales/Revenue/Turnover
11.34%
15.47%
5.02%
Total Cash Common Dividend
- -
3.22%
0.22%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,003
2,505
2,850
2,909
10,267
2025
2,641
2,547
2,748
3,399
11,333
2026
2,533
2,912
2,906
3,554
11,902

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.81
0.83
0.94
- -
3.23
2025
1.12
0.83
0.95
0.57
3.47
2026
0.96
0.85
0.71
1.09
3.62

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.4
2025
- -
- -
- -
- -
0.5
2026
- -
- -
- -
- -
0.5
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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.