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 ₹ 3,428 Cr.
- Current Price ₹ 75.6
- High / Low ₹ 106 / 49.7
- Stock P/E 20.9
- Book Value ₹ 23.9
- Dividend Yield 0.66 %
- ROCE 21.4 %
- ROE 16.2 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
Cons
- Working capital days have increased from 53.6 days to 94.7 days
* 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 Commodities BSE 1000
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 409 | 413 | 432 | 497 | 600 | 618 | 605 | 768 | 981 | 1,068 | 1,134 | 1,190 | |
| 333 | 335 | 346 | 400 | 494 | 521 | 505 | 655 | 825 | 877 | 944 | 997 | |
| Operating Profit | 76 | 78 | 86 | 98 | 106 | 97 | 101 | 114 | 156 | 191 | 189 | 193 |
| OPM % | 19% | 19% | 20% | 20% | 18% | 16% | 17% | 15% | 16% | 18% | 17% | 16% |
| 1 | 2 | 4 | 10 | 5 | 20 | 15 | 16 | 18 | 31 | 46 | 50 | |
| Interest | 14 | 10 | 3 | 3 | 2 | 3 | 3 | 3 | 3 | 5 | 4 | 3 |
| Depreciation | 16 | 14 | 14 | 15 | 15 | 19 | 18 | 20 | 20 | 21 | 22 | 24 |
| Profit before tax | 46 | 56 | 73 | 91 | 94 | 95 | 94 | 107 | 152 | 196 | 210 | 216 |
| Tax % | 28% | 24% | 26% | 30% | 32% | 21% | 27% | 26% | 26% | 25% | 25% | 24% |
| 33 | 42 | 54 | 64 | 64 | 76 | 69 | 79 | 113 | 146 | 157 | 164 | |
| EPS in Rs | 0.74 | 0.93 | 1.20 | 1.41 | 1.41 | 1.67 | 1.52 | 1.74 | 2.49 | 3.23 | 3.47 | 3.62 |
| Dividend Payout % | 15% | 15% | 17% | 21% | 21% | 15% | 16% | 19% | 16% | 8% | 14% | 14% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 14% |
| 3 Years: | 7% |
| TTM: | 5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 20% |
| 3 Years: | 13% |
| TTM: | 7% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 17% |
| 3 Years: | 12% |
| 1 Year: | -27% |
| Return on Equity | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 17% |
| 3 Years: | 18% |
| Last Year: | 16% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 45 | 45 |
| Reserves | 194 | 228 | 278 | 331 | 379 | 422 | 491 | 560 | 657 | 783 | 894 | 1,036 |
| 68 | 27 | 20 | 7 | 21 | 23 | 22 | 25 | 24 | 27 | 12 | 15 | |
| 125 | 119 | 133 | 146 | 159 | 174 | 214 | 217 | 251 | 292 | 334 | 349 | |
| Total Liabilities | 410 | 397 | 454 | 507 | 581 | 642 | 750 | 824 | 954 | 1,124 | 1,286 | 1,445 |
| 216 | 210 | 212 | 206 | 231 | 241 | 238 | 247 | 244 | 243 | 254 | 277 | |
| CWIP | 0 | 0 | 0 | 0 | 3 | 1 | 4 | 1 | 3 | 14 | 27 | 37 |
| Investments | 2 | 1 | 1 | 3 | 1 | 0 | 0 | 1 | 17 | 49 | 71 | 443 |
| 192 | 186 | 241 | 297 | 346 | 399 | 508 | 576 | 690 | 817 | 934 | 688 | |
| Total Assets | 410 | 397 | 454 | 507 | 581 | 642 | 750 | 824 | 954 | 1,124 | 1,286 | 1,445 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 55 | 77 | 87 | 71 | 33 | 84 | 117 | 44 | 114 | 160 | 144 | 152 | |
| -9 | -8 | -54 | -61 | -13 | -53 | -43 | -17 | -116 | -109 | -120 | -184 | |
| -46 | -62 | -10 | -25 | -2 | -36 | -3 | -15 | -19 | -20 | -42 | -28 | |
| Net Cash Flow | 0 | 8 | 23 | -14 | 17 | -5 | 71 | 12 | -21 | 31 | -19 | -60 |
| Free Cash Flow | 45 | 69 | 72 | 62 | -12 | 62 | 102 | 22 | 95 | 128 | 105 | 100 |
| CFO/OP | 83% | 114% | 120% | 94% | 63% | 110% | 132% | 72% | 98% | 107% | 105% | 98% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 80 | 70 | 63 | 65 | 68 | 67 | 77 | 62 | 68 | 63 | 64 | 54 |
| Inventory Days | 120 | 115 | 118 | 100 | 106 | 126 | 108 | 121 | 83 | 90 | 98 | 112 |
| Days Payable | 67 | 68 | 82 | 81 | 68 | 95 | 110 | 91 | 77 | 86 | 90 | 99 |
| Cash Conversion Cycle | 133 | 117 | 99 | 83 | 106 | 99 | 75 | 92 | 75 | 68 | 72 | 67 |
| Working Capital Days | 26 | 50 | 38 | 49 | 56 | 57 | 36 | 49 | 43 | 34 | 32 | 95 |
| ROCE % | 21% | 24% | 25% | 27% | 26% | 20% | 19% | 19% | 24% | 26% | 23% | 21% |
Insights
In beta| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Market share in domestic electroplating chemicals % |
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| Dealers and distributors count count ・Standalone data |
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| Mall leasable area sq ft ・Standalone data |
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| Countries of presence count ・Standalone data |
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| Total installed capacity - Surface finishing (all 5 plants) MT ・Standalone data |
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| Engineering projects executed (cumulative) count ・Standalone data |
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| New products introduced count ・Standalone data |
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| Total production - Surface finishing KL ・Standalone data |
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| R&D Expenditure (Percentage of Turnover) % ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Cessation
10 Jul - Sanjay Koul resigned as SMP and Lubricants Business Head, effective July 9, 2026.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Jul - Certificate pursuant to reg. 74(5) of SEBI (DP) Regulation, 2018 for quarter ended June 30, 2026
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Closure of Trading Window
27 Jun - Trading window closes from July 1, 2026 until 48 hours after June quarter results.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Annual Secretarial Compliance Report for year ended 31 March 2026; BSE issued warning for delayed intimation and SDD updates.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
28 May - Newspaper Publication of Audited Financial Result of the Company for quarter ended 31st March, 2026
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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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.