Grauer & Weil (India) Ltd
Incorporated in 1957, Grauer & Weil
(India) Ltd manufactures and sells
Surface Finishings besides being
in Engineering and Mall business[1]
- Market Cap ₹ 2,855 Cr.
- Current Price ₹ 63.0
- High / Low ₹ 111 / 59.8
- Stock P/E 20.1
- Book Value ₹ 21.9
- Dividend Yield 0.79 %
- ROCE 22.9 %
- ROE 17.2 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Commodities Chemicals Chemicals & Petrochemicals Commodity Chemicals
Part of BSE Allcap BSE Commodities
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 378 | 407 | 411 | 431 | 492 | 598 | 616 | 604 | 766 | 975 | 1,054 | 1,127 | 1,163 | |
| 318 | 331 | 335 | 344 | 397 | 492 | 518 | 503 | 653 | 821 | 865 | 938 | 997 | |
| Operating Profit | 61 | 76 | 76 | 87 | 95 | 106 | 97 | 102 | 114 | 155 | 188 | 189 | 166 |
| OPM % | 16% | 19% | 19% | 20% | 19% | 18% | 16% | 17% | 15% | 16% | 18% | 17% | 14% |
| 3 | 0 | 0 | 3 | 10 | 5 | 20 | 15 | 15 | 18 | 31 | 46 | 48 | |
| Interest | 17 | 14 | 10 | 3 | 3 | 2 | 3 | 3 | 3 | 2 | 4 | 3 | 3 |
| Depreciation | 11 | 16 | 14 | 14 | 15 | 15 | 19 | 18 | 20 | 20 | 21 | 22 | 24 |
| Profit before tax | 36 | 46 | 53 | 74 | 87 | 94 | 95 | 95 | 106 | 151 | 194 | 209 | 187 |
| Tax % | 14% | 28% | 26% | 25% | 31% | 32% | 21% | 27% | 26% | 26% | 26% | 25% | |
| 31 | 33 | 39 | 55 | 61 | 64 | 76 | 70 | 78 | 112 | 144 | 157 | 142 | |
| EPS in Rs | 0.68 | 0.73 | 0.86 | 1.22 | 1.34 | 1.41 | 1.67 | 1.54 | 1.73 | 2.47 | 3.18 | 3.46 | 3.13 |
| Dividend Payout % | 12% | 15% | 16% | 16% | 22% | 21% | 15% | 16% | 19% | 16% | 8% | 14% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 13% |
| 3 Years: | 14% |
| TTM: | 3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 17% |
| 3 Years: | 25% |
| TTM: | -11% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 24% |
| 3 Years: | 6% |
| 1 Year: | -32% |
| Return on Equity | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 17% |
| 3 Years: | 18% |
| Last Year: | 17% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 45 | 45 |
| Reserves | 173 | 198 | 229 | 282 | 331 | 379 | 423 | 493 | 561 | 657 | 780 | 891 | 950 |
| 97 | 68 | 27 | 20 | 7 | 21 | 23 | 22 | 25 | 23 | 26 | 12 | 12 | |
| 133 | 124 | 119 | 128 | 146 | 159 | 174 | 214 | 217 | 246 | 289 | 330 | 310 | |
| Total Liabilities | 426 | 413 | 398 | 453 | 507 | 581 | 643 | 751 | 825 | 949 | 1,118 | 1,278 | 1,317 |
| 225 | 216 | 210 | 212 | 206 | 231 | 241 | 238 | 247 | 239 | 238 | 249 | 258 | |
| CWIP | 1 | 0 | 0 | 0 | 0 | 3 | 1 | 4 | 1 | 3 | 14 | 26 | 20 |
| Investments | 5 | 3 | 1 | 3 | 5 | 3 | 3 | 3 | 2 | 24 | 56 | 81 | 422 |
| 195 | 193 | 186 | 239 | 296 | 344 | 398 | 507 | 575 | 683 | 809 | 922 | 617 | |
| Total Assets | 426 | 413 | 398 | 453 | 507 | 581 | 643 | 751 | 825 | 949 | 1,118 | 1,278 | 1,317 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 49 | 55 | 77 | 90 | 72 | 33 | 84 | 117 | 44 | 113 | 158 | 145 | |
| -6 | -9 | -8 | -56 | -61 | -13 | -53 | -43 | -17 | -116 | -109 | -123 | |
| -43 | -46 | -62 | -10 | -25 | -2 | -36 | -3 | -15 | -18 | -20 | -41 | |
| Net Cash Flow | 0 | -0 | 7 | 24 | -14 | 17 | -5 | 71 | 12 | -21 | 29 | -19 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 91 | 83 | 72 | 63 | 66 | 68 | 67 | 77 | 62 | 68 | 64 | 63 |
| Inventory Days | 108 | 118 | 115 | 116 | 99 | 105 | 126 | 107 | 120 | 82 | 89 | 96 |
| Days Payable | 79 | 66 | 68 | 73 | 81 | 68 | 95 | 110 | 91 | 76 | 86 | 89 |
| Cash Conversion Cycle | 120 | 135 | 119 | 105 | 83 | 105 | 98 | 74 | 92 | 74 | 67 | 71 |
| Working Capital Days | 17 | 28 | 53 | 40 | 49 | 56 | 56 | 36 | 49 | 43 | 33 | 32 |
| ROCE % | 18% | 21% | 24% | 25% | 26% | 26% | 20% | 19% | 19% | 24% | 26% | 23% |
Insights
In beta| Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Number of Production Sites Number |
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| Mall Occupancy Rate % |
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| Total Employee Strength Number |
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| Mall Total Spanning Area sq. ft. |
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| Mall Leasable Area sq. ft. |
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| Engineering Projects Executed Since Inception Number |
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| Market Share in Domestic Electroplating Chemicals % |
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| New Products Introduced During Year Number |
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| Number of Branch Offices Number |
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| Number of Dealers/Distributors Number |
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| Surface Finishing Production Volume KL |
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| Total Installed Capacity - Chemicals & Paints MT |
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| R&D Expenditure (Percentage of Turnover) % |
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Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
2d - Newspaper Publication of dispatch of Postal Ballot Notice.
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 2 Mar
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Feb - Newspaper publication of Unaudited Financial Result of the Company for quarter ended 31st December, 2025
-
Result - Financial Results For December 31, 2025
13 Feb - Board approved standalone and consolidated unaudited results for quarter/nine months ended 31 Dec 2025 on Feb 13, 2026.
- Results - Financial Results For December 31, 2026 13 Feb
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
Business Overview:[1]
Growel is the first Indian surface finishing solution company to be AS 9100 certified. It is the only Indian company and one of the few global cos offering complete corrosion protection solutions on all types of substrates across various industries.