Grauer & Weil (India) Ltd.

About

Grauer & Weil (India) Limited engages in the manufacturing and selling of surface finishing chemicals in India and internationally. The company operates through Surface Finishing, Engineering, and Shoppertainment segments. The company offers electroplating and specialty chemicals, zinc flake coatings, phosphating and anodizing chemicals, strippers for paint and powder coating, blackening, protective post-treatment, precious metals and lacquers, electronic and PCB solutions; and paint products, including protective, pipe, automotive and general industrial, marine, aerospace paint products, as well as architectural coatings, including water proofing. It also supplies customized turnkey plants and components for surface finishing, waste-water and effluent treatment, and other engineering solutions; and lubricants, such as rust preventives, cutting oils, wire-drawing lubricants, heat treatment fluid, forming fluid non wire, industrial cleaner, and other industrial oil. In addition, the company is involved in the conceptualization, designing, manufacturing, and installing of surface finishing systems; and operates shopping malls. The company serves its products to automotive and heavy equipment, hardware, electronics, white goods, jewelry, PSUs, aeronautics, railway, defense, oil and gas, marine, drinking water, OEM, power, chemical and fertilizer, hardware and fasteners, steel, electricals and electronics, architectural and bath fittings, general manufacturing, wire and cables, tube and pipe, die casting, bearings, tool and auto manufacturing, aluminum, and glass industries. Grauer & Weil (India) Limited was incorporated in 1957 and is headquartered in Mumbai, India.

Key Metrics

as of Sep 2026

Market Cap3,204 Cr

P/E20.00

Div Yield0.71 %

Book Value₹23.90

52w High₹99.80

52w Low₹49.70

Face Value₹1.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	299.00	355.00	291.00	291.00	253.00	340.00	275.00	255.00	264.00	333.00	285.00	250.00	200.00
Expenses	251.00	296.00	252.00	248.00	201.00	311.00	222.00	212.00	200.00	294.00	230.00	202.00	152.00
Operating Profit	48.00	59.00	39.00	43.00	53.00	30.00	52.00	43.00	64.00	39.00	55.00	49.00	48.00
OPM %	16.00	17.00	13.00	15.00	21.00	9.00	19.00	17.00	24.00	12.00	19.00	20.00	24.00
Other Income	12.00	13.00	12.00	11.00	13.00	12.00	12.00	14.00	8.00	8.00	9.00	7.00	6.00
Depreciation	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	5.00	5.00	5.00	5.00	5.00
Interest	1.00	1.00	0.00	0.00	1.00	2.00	1.00	0.00	0.00	3.00	0.00	0.00	0.00
Profit before tax	54.00	65.00	44.00	48.00	58.00	34.00	58.00	51.00	67.00	39.00	58.00	51.00	48.00
Tax %	26.00	24.00	26.00	20.00	25.00	25.00	26.00	26.00	24.00	26.00	26.00	26.00	23.00
Net Profit	40.00	50.00	32.00	39.00	44.00	26.00	43.00	38.00	51.00	29.00	43.00	37.00	37.00
EPS in Rs	0.88	1.09	0.71	0.85	0.96	0.57	0.95	0.83	1.12	0.64	0.94	0.83	0.81

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	1,190.00	1,133.00	1,068.00	981.00	768.00	605.00	618.00	600.00	497.00	432.00	413.00	409.00
Expenses	996.00	944.00	877.00	825.00	655.00	505.00	521.00	494.00	400.00	346.00	335.00	333.00
Operating Profit	194.00	189.00	191.00	156.00	114.00	101.00	97.00	106.00	98.00	86.00	78.00	76.00
OPM %	16.00	17.00	18.00	16.00	15.00	17.00	16.00	18.00	20.00	20.00	19.00	19.00
Other Income	50.00	47.00	31.00	18.00	16.00	15.00	20.00	5.00	10.00	4.00	2.00	1.00
Interest	4.00	4.00	5.00	3.00	3.00	3.00	3.00	2.00	3.00	3.00	10.00	14.00
Depreciation	24.00	22.00	21.00	20.00	20.00	18.00	19.00	15.00	15.00	14.00	14.00	16.00
Profit before tax	216.00	210.00	196.00	152.00	107.00	94.00	95.00	94.00	91.00	73.00	56.00	46.00
Tax %	24.00	25.00	25.00	26.00	26.00	27.00	21.00	32.00	30.00	26.00	24.00	28.00
Net Profit	164.00	157.00	146.00	113.00	79.00	69.00	76.00	64.00	64.00	54.00	42.00	33.00
EPS in Rs	3.62	3.47	3.23	2.49	1.74	1.52	1.67	1.41	1.41	1.20	0.93	0.74
Dividend Payout %	28.00	14.00	8.00	16.00	19.00	16.00	15.00	21.00	21.00	17.00	15.00	15.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	45.00	45.00	23.00	23.00	23.00	23.00	23.00	23.00	23.00	23.00	23.00	23.00
Reserves	1,036.00	894.00	783.00	657.00	560.00	491.00	422.00	379.00	331.00	278.00	228.00	194.00
Borrowings	15.00	12.00	27.00	24.00	25.00	22.00	23.00	21.00	7.00	20.00	27.00	68.00
Other Liabilities	349.00	334.00	292.00	251.00	217.00	214.00	174.00	159.00	146.00	133.00	119.00	125.00
Total Liabilities	1,445.00	1,286.00	1,124.00	954.00	824.00	750.00	642.00	581.00	507.00	454.00	397.00	410.00
Fixed Assets	277.00	254.00	243.00	244.00	247.00	238.00	241.00	231.00	206.00	212.00	210.00	216.00
CWIP	37.00	27.00	14.00	3.00	1.00	4.00	1.00	3.00	0.00	0.00	0.00	0.00
Investments	443.00	71.00	49.00	17.00	1.00	0.00	0.00	1.00	3.00	1.00	1.00	2.00
Other Assets	688.00	934.00	817.00	690.00	576.00	508.00	399.00	346.00	297.00	241.00	186.00	192.00
Total Assets	1,445.00	1,286.00	1,124.00	954.00	824.00	750.00	642.00	581.00	507.00	454.00	397.00	410.00

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Cash from Operating Activity	152.00	144.00	160.00	114.00	44.00	117.00	84.00	33.00	71.00	87.00	77.00	55.00
Cash from Investing Activity	-184.00	-120.00	-109.00	-116.00	-17.00	-43.00	-53.00	-13.00	-61.00	-54.00	-8.00	-9.00
Cash from Financing Activity	-28.00	-42.00	-20.00	-19.00	-15.00	-3.00	-36.00	-2.00	-25.00	-10.00	-62.00	-46.00
Net Cash Flow	-60.00	-19.00	31.00	-21.00	12.00	71.00	-5.00	17.00	-14.00	23.00	8.00	0.00
Free Cash Flow	100.00	105.00	128.00	95.00	22.00	102.00	62.00	-12.00	62.00	72.00	69.00	45.00
CFO/OP %	98.00	105.00	107.00	98.00	72.00	132.00	110.00	63.00	94.00	120.00	114.00	83.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	54.00	64.00	63.00	68.00	62.00	77.00	67.00	68.00	65.00	63.00	70.00	80.00
Inventory Days	112.00	98.00	90.00	83.00	121.00	108.00	126.00	106.00	100.00	118.00	115.00	120.00
Days Payable	99.00	90.00	86.00	77.00	91.00	110.00	95.00	68.00	81.00	82.00	68.00	67.00
Cash Conversion Cycle	67.00	72.00	68.00	75.00	92.00	75.00	99.00	106.00	83.00	99.00	117.00	133.00
Working Capital Days	27.00	32.00	34.00	43.00	49.00	36.00	57.00	56.00	49.00	38.00	50.00	26.00
ROCE %	21.00	23.00	26.00	24.00	19.00	19.00	20.00	26.00	27.00	25.00	24.00	21.00

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	69.04	69.03	69.03	69.03	69.03	69.03	69.04	69.04	69.04	69.04	69.04	69.04
FIIs	0.35	0.42	0.59	0.68	0.79	0.86	0.85	0.95	0.91	0.95	1.07	1.21
DIIs	0.05	0.06	0.02	0.03	0.02	0.10	0.09	0.05	0.02	0.02	0.02	0.02
Public	30.55	30.48	30.35	30.26	30.15	30.01	30.03	29.98	30.03	29.99	29.87	29.73
No. of Shareholders	53,332	53,385	54,606	55,578	57,371	59,925	61,714	60,540	58,402	49,450	43,660	43,852

Corporate Actions

22 records

Action	Ex Date	Record Date	Ratio	Amount (₹)
Dividend	06 Aug 2025	06 Aug 2025	—	0.50
Dividend	20 Sep 2024	—	—	0.50
Bonus	10 Apr 2024	10 Apr 2024	1:1	—
Dividend	04 Aug 2023	—	—	0.80
Dividend	14 Sep 2022	—	—	0.65
Dividend	20 Sep 2021	—	—	0.50
Dividend	18 Feb 2020	22 Feb 2020	—	0.50
Dividend	29 Aug 2019	—	—	0.60
Dividend	23 Aug 2018	—	—	0.60
Dividend	18 Sep 2017	—	—	0.40
Dividend	04 Aug 2016	—	—	0.08
Dividend	21 Mar 2016	22 Mar 2016	—	0.20
Dividend	13 Aug 2015	—	—	0.22
Dividend	24 Jul 2014	—	—	0.16
Dividend	19 Jul 2013	—	—	0.12
Dividend	23 Aug 2012	—	—	0.15
Dividend	22 Sep 2011	—	—	0.08
Split	11 Aug 2011	12 Aug 2011	10:1	—
Dividend	21 Sep 2010	—	—	0.80
Dividend	09 Nov 2009	—	—	0.40
Dividend	12 Aug 2008	—	—	2.50
Dividend	02 Aug 2007	—	—	1.00