GRAUWEIL
Grauer & Weil India share price & financials
- Price
- ₹77.92
- Market cap
- ₹3.4k Cr
- Sector
- Chemicals
What Grauer & Weil India Limited does
Grauer & Weil (India) Limited, operating under the Growel brand, provides integrated corrosion-protection and surface-finishing solutions built around electroplating, phosphating, anodising and specialty chemicals used by automotive, electronics, aerospace, defence and infrastructure customers. It also manufactures industrial, protective and architectural paints/coatings, designs and installs turnkey surface-finishing plants and equipment for metal-finishing customers, and produces industrial and metalworking lubricants under the Grodal brand. A separate real estate arm operates Growel's 101, a retail, dining and entertainment mall in Kandivali, Mumbai. Manufacturing is carried out across multiple plants in India, with exports to customers worldwide.
Segments
- Chemicals (Surface Finishing / Specialty Chemicals)
- Paints
- Engineering
- Lubricants
- Real Estate
- Manufacturing plants in India
- 6
- Installed capacity at key plants
- Dadra Chemicals 48,930 MT; Dadra Paints 21,291 MT; Jammu 23,370 MT; Barotiwala 13,983 MT
- Countries exported to
- 50+
- Branch offices
- 25+, including 3 overseas branches & depots
- Technical service centres
- 30+
- Active dealers/distributors
- 150+, including international
Quarterly results
Q1 FY27: revenue up 18.5%, net profit down 4.5% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 254 | 273 | 338 | 249 | 287 +13% | 288 +5% | 354 +5% | 295 +18% |
| EBITDA | 43 | 52 | 30 | 53 | 44 +2% | 40 −23% | 60 +100% | 50 −6% |
| Net profit | 38 | 43 | 26 | 44 | 39 +3% | 34 −21% | 51 +96% | 42 −5% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −34.6% 1Y
1Y: ₹115.6 on 25 Oct 2023 → ₹75.6. High ₹115.6 (25 Oct 2023), low ₹63.49 (18 May 2026).
Financials, as filed
Revenue grew 6.3% a year over 3 years, FY23 to FY26. Operating margin widened to 16.7%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹982 Cr | ₹1.1k Cr | ₹1.1k Cr | ₹1.2k Cr |
| Operating profit | ₹156 Cr | ₹188 Cr | ₹189 Cr | ₹197 Cr |
| Operating margin | 15.9% | 17.8% | 16.8% | 16.7% |
| Interest | ₹2 Cr | ₹3 Cr | ₹2 Cr | ₹2 Cr |
| Depreciation | ₹20 Cr | ₹20 Cr | ₹23 Cr | ₹24 Cr |
| Net profit | ₹113 Cr | ₹144 Cr | ₹158 Cr | ₹168 Cr |
| Net margin | 11.5% | 13.7% | 14.0% | 14.3% |
| Cash from operations | ₹113 Cr | ₹158 Cr | ₹145 Cr | ₹154 Cr |
| Free cash flow | ₹100 Cr | ₹127 Cr | ₹107 Cr | ₹107 Cr |
| ROCE | 24.0% | 26.0% | 23.0% | 21.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹23 Cr | ₹23 Cr | ₹23 Cr | ₹23 Cr | ₹45 Cr | ₹45 Cr |
| Reserves | ₹493 Cr | ₹561 Cr | ₹657 Cr | ₹780 Cr | ₹952 Cr | ₹1.0k Cr |
| Borrowings | ₹22 Cr | ₹25 Cr | ₹23 Cr | ₹26 Cr | ₹12 Cr | ₹14 Cr |
| Other liabilities | ₹214 Cr | ₹217 Cr | ₹246 Cr | ₹289 Cr | ₹319 Cr | ₹342 Cr |
| Total liabilities | ₹751 Cr | ₹825 Cr | ₹949 Cr | ₹1.1k Cr | ₹1.3k Cr | ₹1.4k Cr |
| Fixed assets | ₹238 Cr | ₹247 Cr | ₹239 Cr | ₹238 Cr | ₹269 Cr | ₹266 Cr |
| Capital work in progress | ₹4 Cr | ₹1 Cr | ₹3 Cr | ₹14 Cr | ₹20 Cr | ₹37 Cr |
| Investments | ₹3 Cr | ₹2 Cr | ₹24 Cr | ₹56 Cr | ₹407 Cr | ₹458 Cr |
| Other assets | ₹507 Cr | ₹575 Cr | ₹683 Cr | ₹809 Cr | ₹633 Cr | ₹676 Cr |
| Total assets | ₹751 Cr | ₹825 Cr | ₹949 Cr | ₹1.1k Cr | ₹1.3k Cr | ₹1.4k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, FIIs trimmed −0.44 pp while the public added +0.40 pp. The shareholder count shrank 7% to 53,332.
- Promoters
- 69.0%
- FIIs
- 0.3%
- DIIs
- 0.1%
- Public
- 30.6%
Since Jun 2025
- FIIs −0.44 pp
- Public +0.40 pp
- DIIs +0.03 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 69.0%, FIIs 1.2%, DIIs 0.0%, Public 29.7%.Dec '23: Promoters 69.0%, FIIs 1.1%, DIIs 0.0%, Public 29.9%.Mar '24: Promoters 69.0%, FIIs 0.9%, DIIs 0.0%, Public 30.0%.Jun '24: Promoters 69.0%, FIIs 0.9%, DIIs 0.0%, Public 30.0%.Sep '24: Promoters 69.0%, FIIs 0.9%, DIIs 0.1%, Public 30.0%.Dec '24: Promoters 69.0%, FIIs 0.8%, DIIs 0.1%, Public 30.0%.Mar '25: Promoters 69.0%, FIIs 0.9%, DIIs 0.1%, Public 30.0%.Jun '25: Promoters 69.0%, FIIs 0.8%, DIIs 0.0%, Public 30.1%.Sep '25: Promoters 69.0%, FIIs 0.7%, DIIs 0.0%, Public 30.3%.Dec '25: Promoters 69.0%, FIIs 0.6%, DIIs 0.0%, Public 30.4%.Mar '26: Promoters 69.0%, FIIs 0.4%, DIIs 0.1%, Public 30.5%.Jun '26: Promoters 69.0%, FIIs 0.3%, DIIs 0.1%, Public 30.6%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Integrated Investment Management Services Private Limited newly disclosed 1.18% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Grauer & Weil India Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Poona Bottling Company Private Limited | 18.92% | unchanged |
| Ridhi Sidhi Ltd | 14.27% | unchanged |
| Umeshkumar Nandlal More | 10.06% | unchanged |
| Niraj Kumar More | 7.87% | unchanged |
| Premlata More | 5.61% | unchanged |
| Growel Projects Llp | 5.54% | unchanged |
| Aman More | 2.10% | unchanged |
| Yash More | 2.10% | unchanged |
| Pallavi More | 1.39% | unchanged |
| Vijaya S | 1.23% | unchanged |
| Integrated Investment Management Services Private Limited | 1.18% | newly disclosed |
| Investor Education And Protection Fund Authority Ministry Of Corporate Affairs | 1.06% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
FairTo justify its price of ₹76, this stock must grow earnings at 15% every year for 7 years. Our analysis caps realistic growth at ~14%. At that growth it is worth ₹69 — downside of 8%.
- Growth the price implies
- 15.4% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 14.1% a year
- net profit, FY23–FY26 · EPS 13.8%
- The gap
- 0.0 pp
- -8% downside if it only repeats history
Learn to analyse Grauer & Weil India Limited
Guides on how to read this kind of business and the numbers that matter.