
About Grauer and Weil (India) Limited
Data last updated:
Grauer and Weil (India) Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 25 November 1957 and has been in existence for over 69 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L74999MH1957PLC010975. Its GSTIN is 27AAACG3741K1ZL (Maharashtra). The company holds 28 GST registrations, of which 21 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 505710 and NSE: GRAUWEIL.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹45.34 Cr. It was formerly known as Grauer and Weil (India) Private Limited. It is led by directors including Nirajkumar More (Managing Director) and Rohit Rameshkumar More (Whole-Time Director).
Its last annual general meeting (AGM) was held on 13 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Akurli Road Kandivli (East), Mumbai, Maharashtra, India – 400101.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹1,292.99 Cr, a growth of 3.4% compared to the previous year. For the same year it recorded a net profit of ₹153.11 Cr (net margin 11.8%) and EBITDA of ₹194.43 Cr (EBITDA margin 15%). The net worth stands at ₹1,081.63 Cr (up 15.2% YoY). Total assets are valued at ₹1,118.4 Cr (up 13.6% YoY).
The company has about 1,430 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Grauer & Weil India. As per MCA filings, the company has open charges of ₹210.48 Cr and satisfied charges of ₹400.58 Cr on record. Court records list 153 cases involving the company, including 117 filed by the company and 36 filed against it; 47 cases are pending. The company has 6 deals on record (5 market trades, 1 funding round), with disclosed funding of ₹9.88 Cr; the latest was in October 2009. Its 4 peer companies in the Business Services industry (Foundry and Fabrication, Mall Management, Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 2 larger and 2 smaller; the largest is Clariant Igl Specialty Chemicals Private Limited with revenue of ₹1,302.01 Cr. The company has 15 MSME Form 1 returns on record between 2019 and 2024, listing 1,966 overdue payments to 214 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website growel.com.
Company details
CIN history
Grauer and Weil (India) has one previous CIN (Corporate Identification Number): L74999MH1957PTC010975. The current CIN is L74999MH1957PLC010975, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74999MH1957PLC010975 | Current |
| L74999MH1957PTC010975 | Previous |
Contact details
Grauer and Weil (India) Limited's registered office is in Mumbai, Maharashtra. Its website is growel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressAkurli Road Kandivli (East), Mumbai, Maharashtra, India – 400101
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Grauer and Weil (India) Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Grauer and Weil (India) operates one associated brand: Grauer & Weil India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electroplating chemicals, paints, and equipment are manufactured by the company. | growel.com |
Business activity
The main business activity of Grauer and Weil (India) is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Grauer and Weil (India) Limited, buy the company report.
Financials of Grauer and Weil (India) Limited
FY 2025-26 filings availableGrauer and Weil (India) Limited reported revenue of ₹1,292.99 Cr (up 3.4% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,293 | 1,251 | 1,153 | 1,083 | 837 | 656 | 675 |
| Revenue growth | +3.4% | +8.5% | +6.5% | +29.4% | +27.6% | -2.8% | - |
| EBITDA | 194 | 189 | 191 | 155 | 113 | 101 | 97.22 |
| EBITDA margin | +15.0% | +15.1% | +16.6% | +14.3% | +13.6% | +15.4% | +14.4% |
| Profit before tax | 216 | 210 | 196 | 152 | 107 | 94.23 | 95.41 |
| Net profit | 153 | 145 | 146 | 113 | 77.03 | 66.13 | 69.44 |
| Net profit margin | +11.8% | +11.6% | +12.6% | +10.5% | +9.2% | +10.1% | +10.3% |
| EPS (₹) | 3.62 | 3.47 | 6.45 | 4.98 | 3.47 | 3.04 | 3.35 |
| Balance sheet | |||||||
| Total assets | 1,118 | 984 | 873 | 742 | 641 | 572 | 501 |
| Net worth | 1,082 | 939 | 805 | 679 | 582 | 514 | 445 |
| Total debt | 14.53 | 11.82 | 26.86 | 24.44 | 24.70 | 21.79 | 22.68 |
| Cash & bank | 235 | 468 | 423 | 287 | 258 | 254 | 135 |
| Net working capital | 331 | 577 | 543 | 424 | 381 | 333 | 252 |
| Cash flow | |||||||
| Cash from operations | 152 | 144 | 160 | 114 | 43.89 | 117 | 84.04 |
| Cash from investing | (184) | (120) | (109) | (116) | (16.56) | (42.73) | (52.78) |
| Cash from financing | (27.69) | (42.29) | (20.24) | (18.86) | (15.03) | (2.66) | (36.50) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 325 | 299 | 355 | 291 | 291 | 253 | 340 | 275 |
| Revenue growth (YoY) | +11.7% | +17.9% | +4.5% | +5.8% | +14.3% | -4.1% | - | - |
| Other income | 12.55 | 12.43 | 13.36 | 11.91 | 11.33 | 12.74 | 12.21 | 11.89 |
| EBITDA | 38.44 | 48.17 | 59.10 | 38.68 | 43.33 | 52.57 | 29.53 | 52.31 |
| EBITDA margin | +11.8% | +16.1% | +16.6% | +13.3% | +14.9% | +20.8% | +8.7% | +19.0% |
| Depreciation | 6.48 | 6.37 | 5.95 | 6.14 | 6.28 | 6.08 | 5.81 | 5.71 |
| Interest | 0.55 | 0.65 | 1.28 | 0.48 | 0.09 | 0.83 | 1.58 | 0.52 |
| Profit before tax | 43.96 | 53.58 | 65.23 | 43.97 | 48.29 | 58.40 | 34.35 | 57.97 |
| Tax | 10.27 | 13.77 | 15.72 | 11.64 | 9.72 | 14.79 | 8.61 | 14.85 |
| Net profit | 33.69 | 39.81 | 49.51 | 32.33 | 38.57 | 43.61 | 25.74 | 43.12 |
| EPS (₹) | 0.74 | 0.88 | 1.09 | 0.71 | 0.85 | 0.96 | 0.57 | 0.95 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,281 | 1,245 | 1,139 | 1,077 | 835 | 655 | 673 |
| Revenue growth | +2.9% | +9.3% | +5.7% | +29.0% | +27.5% | -2.7% | - |
| EBITDA | 198 | 189 | 188 | 154 | 113 | 102 | 97.30 |
| EBITDA margin | +15.4% | +15.2% | +16.6% | +14.3% | +13.6% | +15.5% | +14.5% |
| Profit before tax | 219 | 209 | 194 | 151 | 106 | 95.06 | 95.36 |
| Net profit | 156 | 145 | 143 | 112 | 76.96 | 66.95 | 69.39 |
| Net profit margin | +12.2% | +11.6% | +12.6% | +10.5% | +9.2% | +10.2% | +10.3% |
| EPS (₹) | 3.69 | 3.46 | 6.35 | 4.94 | 3.45 | 3.07 | 3.34 |
| Balance sheet | |||||||
| Total assets | 1,118 | 981 | 870 | 741 | 642 | 574 | 502 |
| Net worth | 1,082 | 937 | 803 | 679 | 584 | 516 | 446 |
| Total debt | 14.12 | 11.51 | 25.57 | 23.40 | 24.67 | 21.74 | 22.68 |
| Cash & bank | 234 | 466 | 421 | 287 | 258 | 254 | 135 |
| Net working capital | 326 | 571 | 538 | 421 | 380 | 333 | 250 |
| Cash flow | |||||||
| Cash from operations | 154 | 145 | 158 | 113 | 43.80 | 117 | 83.73 |
| Cash from investing | (184) | (123) | (109) | (116) | (16.56) | (42.73) | (52.56) |
| Cash from financing | (27.88) | (41.19) | (20.19) | (18.37) | (15.00) | (2.72) | (36.50) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 319 | 295 | 354 | 288 | 287 | 249 | 338 | 273 |
| Revenue growth (YoY) | +10.9% | +18.3% | +4.7% | +5.3% | +13.0% | -4.8% | - | - |
| Other income | 12.60 | 12.45 | 13.22 | 11.91 | 11.29 | 12.71 | 12.10 | 11.81 |
| Total expenses | 280 | 245 | 293 | 248 | 244 | 197 | 308 | 221 |
| EBITDA | 38.93 | 50.05 | 60.50 | 39.92 | 43.84 | 52.60 | 29.63 | 52.13 |
| EBITDA margin | +12.2% | +17.0% | +17.1% | +13.9% | +15.3% | +21.1% | +8.8% | +19.1% |
| Depreciation | 6.35 | 6.24 | 5.84 | 6.02 | 6.20 | 6.06 | 5.79 | 5.66 |
| Interest | 0.51 | 0.60 | 1.26 | 0.47 | 0.24 | 0.81 | 1.54 | 0.46 |
| Profit before tax | 44.67 | 55.66 | 66.62 | 45.34 | 48.69 | 58.44 | 34.40 | 57.82 |
| Tax | 10.26 | 13.82 | 15.63 | 11.68 | 9.73 | 14.79 | 8.63 | 14.85 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 325 | 299 | 355 | 291 | 291 | 253 | 340 | 275 |
| Revenue growth (YoY) | +11.7% | +17.9% | +4.5% | +5.8% | +14.3% | -4.1% | - | - |
| Other income | 12.55 | 12.43 | 13.36 | 11.91 | 11.33 | 12.74 | 12.21 | 11.89 |
| EBITDA | 38.44 | 48.17 | 59.10 | 38.68 | 43.33 | 52.57 | 29.53 | 52.31 |
| EBITDA margin | +11.8% | +16.1% | +16.6% | +13.3% | +14.9% | +20.8% | +8.7% | +19.0% |
| Depreciation | 6.48 | 6.37 | 5.95 | 6.14 | 6.28 | 6.08 | 5.81 | 5.71 |
| Interest | 0.55 | 0.65 | 1.28 | 0.48 | 0.09 | 0.83 | 1.58 | 0.52 |
| Profit before tax | 43.96 | 53.58 | 65.23 | 43.97 | 48.29 | 58.40 | 34.35 | 57.97 |
| Tax | 10.27 | 13.77 | 15.72 | 11.64 | 9.72 | 14.79 | 8.61 | 14.85 |
| Net profit | 33.69 | 39.81 | 49.51 | 32.33 | 38.57 | 43.61 | 25.74 | 43.12 |
| EPS (₹) | 0.74 | 0.88 | 1.09 | 0.71 | 0.85 | 0.96 | 0.57 | 0.95 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,293 | 1,251 | 1,153 | 1,083 | 837 | 656 | 675 |
| Revenue growth | +3.4% | +8.5% | +6.5% | +29.4% | +27.6% | -2.8% | - |
| Other income | 49.58 | 46.72 | 30.99 | 19.02 | 16.32 | 14.74 | 20.46 |
| Total expenses | 1,099 | 1,062 | 962 | 927 | 723 | 555 | 578 |
| Employee cost | 119 | 115 | 107 | 94.03 | 81.66 | 70.07 | 74.27 |
| EBITDA | 194 | 189 | 191 | 155 | 113 | 101 | 97.22 |
| EBITDA margin | +15.0% | +15.1% | +16.6% | +14.3% | +13.6% | +15.4% | +14.4% |
| Depreciation | 24.45 | 22.39 | 21.12 | 19.81 | 19.63 | 18.41 | 19.01 |
| Interest | 3.67 | 3.60 | 4.77 | 2.53 | 3.24 | 2.85 | 3.26 |
| Profit before tax | 216 | 210 | 196 | 152 | 107 | 94.23 | 95.41 |
| Tax | 51.87 | 52.41 | 49.94 | 39.01 | 28.05 | 25.42 | 19.57 |
| Net profit | 153 | 145 | 146 | 113 | 77.03 | 66.13 | 69.44 |
| Net profit margin | +11.8% | +11.6% | +12.6% | +10.5% | +9.2% | +10.1% | +10.3% |
| EPS (₹) | 3.62 | 3.47 | 6.45 | 4.98 | 3.47 | 3.04 | 3.35 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 45.34 | 45.34 | 22.67 | 22.67 | 22.67 | 22.67 | 22.67 |
| Reserves & surplus | 1,036 | 894 | 783 | 657 | 560 | 491 | 422 |
| Shareholders' funds (net worth) | 1,082 | 939 | 805 | 679 | 582 | 514 | 445 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 4.99 | 4.02 | 19.29 | 14.94 | 15.00 | 14.31 | 13.76 |
| Unsecured loans | 9.54 | 7.80 | 7.57 | 9.50 | 9.70 | 7.48 | 8.92 |
| Total debt | 14.53 | 11.82 | 26.86 | 24.44 | 24.70 | 21.79 | 22.68 |
| Total liabilities | 1,118 | 984 | 873 | 742 | 641 | 572 | 501 |
| Assets | |||||||
| Gross block | 447 | 410 | 375 | 361 | 344 | 318 | 302 |
| Net block | 277 | 254 | 243 | 244 | 247 | 238 | 241 |
| Capital work in progress | 37.07 | 26.80 | 14.20 | 2.99 | 0.99 | 3.63 | 1.32 |
| Investments | 443 | 71.00 | 49.42 | 17.28 | 0.63 | 0.17 | 0.33 |
| Inventories | 179 | 156 | 138 | 127 | 143 | 92.92 | 108 |
| Sundry debtors | 176 | 199 | 186 | 184 | 130 | 127 | 114 |
| Cash & bank balances | 235 | 468 | 423 | 287 | 258 | 254 | 135 |
| Loans & advances | 51.46 | 42.52 | 37.84 | 26.96 | 20.23 | 24.75 | 22.74 |
| Total current assets | 641 | 865 | 784 | 625 | 551 | 499 | 380 |
| Total current liabilities | 310 | 289 | 241 | 201 | 171 | 165 | 129 |
| Net working capital | 331 | 577 | 543 | 424 | 381 | 333 | 252 |
| Total assets | 1,118 | 984 | 873 | 742 | 641 | 572 | 501 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 108 | 127 | 95.99 | 117 | 105 | 33.45 | 38.68 |
| Net cash from operating activities | 152 | 144 | 160 | 114 | 43.89 | 117 | 84.04 |
| Net cash from investing activities | (184) | (120) | (109) | (116) | (16.56) | (42.73) | (52.78) |
| Net cash from financing activities | (27.69) | (42.29) | (20.24) | (18.86) | (15.03) | (2.66) | (36.50) |
| Net change in cash | (59.65) | (18.73) | 30.69 | (21.10) | 12.30 | 71.34 | (5.23) |
| Closing cash | 235 | 468 | 423 | 287 | 258 | 254 | 135 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +3.4% | +8.5% | +6.5% | +29.4% | +27.6% | -2.8% | - |
| EBITDA growth | +2.9% | -1.2% | +23.1% | +37.0% | +12.5% | +3.6% | - |
| PBT growth | +3.0% | +6.8% | +29.1% | +42.3% | +13.4% | -1.2% | +1.4% |
| Net income growth | +5.6% | -0.4% | +28.4% | +47.3% | +16.5% | -4.8% | - |
| Revenue CAGR (3Y) | +6.1% | +14.4% | +20.7% | +17.1% | +8.5% | +6.3% | +11.8% |
| EBITDA CAGR (3Y) | +7.8% | +18.6% | +23.8% | +16.9% | +4.4% | +1.0% | +4.4% |
| Profitability & leverage | |||||||
| Net income margin | +12.7% | +12.6% | +12.7% | +10.4% | +9.4% | +10.5% | +11.2% |
| Return on capital employed | +20.9% | +23.0% | +24.9% | +22.3% | +18.1% | +18.1% | +20.7% |
| Return on net worth | +16.2% | +18.0% | +19.7% | +17.9% | +14.4% | +14.4% | +17.9% |
| Debt / equity | 0.01 | 0.02 | 0.03 | 0.04 | 0.04 | 0.05 | 0.05 |
| Long-term debt / equity | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 |
| Interest cover | 2.16 | 2.16 | 2.81 | 1.87 | 3.46 | 3.46 | 4.17 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.02 | 3.18 | 3.13 | 3.07 | 2.53 | 2.11 | 2.33 |
| Inventory turnover | 7.72 | 8.51 | 8.71 | 8.01 | 7.09 | 6.51 | 6.70 |
| Debtors turnover | 6.91 | 6.51 | 6.24 | 6.90 | 6.51 | 5.44 | 5.98 |
| EPS (₹) | 3.62 | 3.47 | 6.45 | 4.98 | 3.47 | 3.04 | 3.35 |
| Dividend per share (₹) | 1.00 | 0.50 | 0.50 | 0.80 | 0.65 | 0.50 | 0.50 |
| Book value per share (₹) | 23.86 | 20.72 | 35.52 | 29.96 | 25.69 | 22.67 | 19.62 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 319 | 295 | 354 | 288 | 287 | 249 | 338 | 273 |
| Revenue growth (YoY) | +10.9% | +18.3% | +4.7% | +5.3% | +13.0% | -4.8% | - | - |
| Other income | 12.60 | 12.45 | 13.22 | 11.91 | 11.29 | 12.71 | 12.10 | 11.81 |
| Total expenses | 280 | 245 | 293 | 248 | 244 | 197 | 308 | 221 |
| EBITDA | 38.93 | 50.05 | 60.50 | 39.92 | 43.84 | 52.60 | 29.63 | 52.13 |
| EBITDA margin | +12.2% | +17.0% | +17.1% | +13.9% | +15.3% | +21.1% | +8.8% | +19.1% |
| Depreciation | 6.35 | 6.24 | 5.84 | 6.02 | 6.20 | 6.06 | 5.79 | 5.66 |
| Interest | 0.51 | 0.60 | 1.26 | 0.47 | 0.24 | 0.81 | 1.54 | 0.46 |
| Profit before tax | 44.67 | 55.66 | 66.62 | 45.34 | 48.69 | 58.44 | 34.40 | 57.82 |
| Tax | 10.26 | 13.82 | 15.63 | 11.68 | 9.73 | 14.79 | 8.63 | 14.85 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,281 | 1,245 | 1,139 | 1,077 | 835 | 655 | 673 |
| Revenue growth | +2.9% | +9.3% | +5.7% | +29.0% | +27.5% | -2.7% | - |
| Other income | 49.37 | 46.41 | 30.69 | 19.02 | 15.73 | 14.74 | 20.27 |
| Total expenses | 1,084 | 1,056 | 950 | 923 | 722 | 553 | 575 |
| Employee cost | 115 | 113 | 104 | 92.70 | 80.96 | 69.27 | 73.16 |
| EBITDA | 198 | 189 | 188 | 154 | 113 | 102 | 97.30 |
| EBITDA margin | +15.4% | +15.2% | +16.6% | +14.3% | +13.6% | +15.5% | +14.5% |
| Depreciation | 24.12 | 22.28 | 20.67 | 19.64 | 19.56 | 18.33 | 18.95 |
| Interest | 3.76 | 3.47 | 4.48 | 2.47 | 3.24 | 2.85 | 3.26 |
| Profit before tax | 219 | 209 | 194 | 151 | 106 | 95.06 | 95.36 |
| Tax | 51.83 | 52.45 | 49.95 | 38.99 | 28.05 | 25.42 | 19.57 |
| Net profit | 156 | 145 | 143 | 112 | 76.96 | 66.95 | 69.39 |
| Net profit margin | +12.2% | +11.6% | +12.6% | +10.5% | +9.2% | +10.2% | +10.3% |
| EPS (₹) | 3.69 | 3.46 | 6.35 | 4.94 | 3.45 | 3.07 | 3.34 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 45.34 | 45.34 | 22.67 | 22.67 | 22.67 | 22.67 | 22.67 |
| Reserves & surplus | 1,036 | 891 | 780 | 657 | 561 | 493 | 423 |
| Shareholders' funds (net worth) | 1,082 | 937 | 803 | 679 | 584 | 516 | 446 |
| Secured loans | 4.58 | 3.71 | 18.00 | 14.30 | 14.97 | 14.26 | 13.76 |
| Unsecured loans | 9.54 | 7.80 | 7.57 | 9.10 | 9.70 | 7.48 | 8.92 |
| Total debt | 14.12 | 11.51 | 25.57 | 23.40 | 24.67 | 21.74 | 22.68 |
| Total liabilities | 1,118 | 981 | 870 | 741 | 642 | 574 | 502 |
| Assets | |||||||
| Gross block | 436 | 405 | 374 | 355 | 344 | 317 | 303 |
| Net block | 266 | 249 | 238 | 239 | 247 | 238 | 241 |
| Capital work in progress | 37.07 | 25.88 | 14.20 | 2.99 | 0.99 | 3.63 | 1.32 |
| Investments | 458 | 81.26 | 56.16 | 24.03 | 2.28 | 2.56 | 2.59 |
| Inventories | 171 | 154 | 135 | 125 | 142 | 91.99 | 108 |
| Sundry debtors | 174 | 196 | 184 | 182 | 131 | 128 | 114 |
| Cash & bank balances | 234 | 466 | 421 | 287 | 258 | 254 | 135 |
| Loans & advances | 49.69 | 40.67 | 36.33 | 25.19 | 20.22 | 24.50 | 22.72 |
| Total current assets | 629 | 856 | 776 | 619 | 551 | 498 | 379 |
| Total current liabilities | 303 | 285 | 238 | 198 | 171 | 165 | 129 |
| Net working capital | 326 | 571 | 538 | 421 | 380 | 333 | 250 |
| Total assets | 1,118 | 981 | 870 | 741 | 642 | 574 | 502 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 106 | 125 | 95.62 | 117 | 105 | 33.29 | 38.61 |
| Net cash from operating activities | 154 | 145 | 158 | 113 | 43.80 | 117 | 83.73 |
| Net cash from investing activities | (184) | (123) | (109) | (116) | (16.56) | (42.73) | (52.56) |
| Net cash from financing activities | (27.88) | (41.19) | (20.19) | (18.37) | (15.00) | (2.72) | (36.50) |
| Net change in cash | (58.28) | (19.34) | 29.37 | (21.29) | 12.23 | 71.39 | (5.32) |
| Closing cash | 234 | 466 | 421 | 287 | 258 | 254 | 135 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +2.9% | +9.3% | +5.7% | +29.0% | +27.5% | -2.7% | - |
| EBITDA growth | +4.7% | +0.2% | +22.4% | +35.9% | +11.7% | +4.3% | - |
| PBT growth | +4.6% | +8.0% | +28.6% | +42.0% | +11.8% | -0.3% | +1.5% |
| Net income growth | +8.0% | +1.4% | +27.0% | +46.2% | +15.0% | -3.5% | - |
| Revenue CAGR (3Y) | +6.0% | +14.2% | +20.3% | +17.0% | +8.6% | +6.6% | +11.7% |
| EBITDA CAGR (3Y) | +8.7% | +18.5% | +22.9% | +16.5% | +4.4% | +2.4% | +3.9% |
| Profitability & leverage | |||||||
| Net income margin | +13.1% | +12.6% | +12.7% | +10.4% | +9.4% | +10.6% | +11.3% |
| Return on capital employed | +21.2% | +23.0% | +24.7% | +22.2% | +18.0% | +18.2% | +20.6% |
| Return on net worth | +16.6% | +18.1% | +19.4% | +17.7% | +14.2% | +14.5% | +17.9% |
| Debt / equity | 0.01 | 0.02 | 0.03 | 0.04 | 0.04 | 0.05 | 0.05 |
| Long-term debt / equity | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 |
| Interest cover | 2.17 | 2.08 | 2.67 | 1.84 | 3.45 | 3.43 | 4.16 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.05 | 3.20 | 3.13 | 3.08 | 2.53 | 2.11 | 2.33 |
| Inventory turnover | 7.89 | 8.63 | 8.76 | 8.06 | 7.13 | 6.56 | 6.72 |
| Debtors turnover | 6.92 | 6.56 | 6.23 | 6.89 | 6.46 | 5.43 | 5.98 |
| EPS (₹) | 3.69 | 3.46 | 6.35 | 4.94 | 3.45 | 3.07 | 3.34 |
| Dividend per share (₹) | 1.00 | 0.50 | 0.50 | 0.80 | 0.65 | 0.50 | 0.50 |
| Book value per share (₹) | 23.85 | 20.66 | 35.41 | 29.96 | 25.74 | 22.75 | 19.66 |
To see the full year-wise statements and ratios of Grauer and Weil (India) Limited, buy the company report.
Board of directors of Grauer and Weil (India) Limited
Grauer and Weil (India) has 8 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirajkumar More Also directs: Ridhi Sidhi Limited | Managing Director | 12 Aug 1993 | 33 Years 2 Months | Current |
| Rohit Rameshkumar More | Whole-Time Director | 14 Mar 2003 | 23 Years 7 Months | Current |
| Yogesh Ramchand Samat | Whole-Time Director | 01 Jul 2021 | 5 Years 4 Months | Current |
| Ayush Agarwala Also directs: Vidhik Seva Foundation | Director | 04 Aug 2022 | 4 Years 3 Months | Current |
| Prerna Sonthalia Goradia Also directs: Exposome Private Limited | Director | 29 Jul 2020 | 6 Years 3 Months | Current |
| Umesh Kumar More | Whole-Time Director | 17 Jul 1969 | 57 Years 3 Months | Current |
Peer comparison
Grauer and Weil (India) Limited is compared with the 4 companies closest to it by revenue in the Business Services industry (Foundry and Fabrication, Mall Management, Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Clariant Igl Specialty Chemicals Private Limited | ₹1,302.01 Cr (FY 2025) | 13.0% | Kashipur, Uttarakhand, India | |||
| Grauer and Weil (India) Limitedthis company | ₹1,292.99 Cr (FY 2026) | ₹153.11 Cr | 11.8% | 3.4% | 1,430 | Mumbai, Maharashtra, India |
| Nippon Paint (India) Private Limited | ₹1,265.99 Cr (FY 2021) | -1.0% | Sunguvarchatiram, Tamil Nadu, India | |||
| Hemani Industries Limited | ₹1,166.06 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| PCBL (TN) Limited | ₹1,136.78 Cr (FY 2025) | 122.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Grauer and Weil (India) Limited, buy the company report.
Auditor
Grauer and Weil (India) Limited is audited by M. M. Nissim & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. M. Nissim & Co LLP | FY 2023 | 107122W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 69.00%, foreign institutional investors hold 0.40%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 30.60%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 69.00% | 69.00% | 69.00% | 69.00% |
| Public | 31.00% | 31.00% | 31.00% | 31.00% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jan 2026 | 101236447 | Others | ₹10 Cr | Open | |
| 26 Feb 2024 | 100883718 | Others | ₹2.7 Cr | Open | |
| 14 Jun 2023 | 100737675 | Others | ₹1.75 Cr | Open | |
| 22 Jan 2019 | 100245938 | Hdfc Bank Limited | ₹12.8 Lakh | Open | |
| 11 Sep 2018 | 100217787 | Hdfc Bank Limited | ₹37.22 Lakh | Open |
To see the full charge records of Grauer and Weil (India) Limited, buy the company report.
Total charge records: 61 View all charges
Deals & funding
Grauer and Weil (India) Limited has 6 deals on record (5 market trades, 1 funding round), with disclosed funding of ₹9.88 Cr; the latest was in October 2009.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2009 | Funding round | ₹9.88 Cr | Investors: Others -Grauer And Weil (India) Limited, 3 individuals |
| May 2008 | Market trade | ₹1.62 Cr | Buyer: Sarojni Finance And Investment P Ltd |
| Jul 2007 | Market trade | ₹59.5 Lakh | Seller: an individual |
| Dec 2006 | Market trade | ₹1.35 Cr | Buyer: an individual Seller: an individual |
| May 2006 | Market trade | ₹2.27 Cr | Buyer: an individual Seller: Oman National Investment |
To see the full deal history of Grauer and Weil (India) Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Grauer and Weil (India) Limited has 153 court cases on record: 117 filed by Grauer and Weil (India), 36 filed against it. 47 cases are pending and 106 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 97 | 21 | 36 |
| High courts | 51 | 13 | 10 |
| Supreme Court | 4 | 2 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 153)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Wave Energy and Infrastructures India Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Malpani Trade Links Private Limited and 3 Others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Wave Energy and Infrastructures India Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Paridhi Fabrotech Private Limited and 2 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Satnam Global Infraprojects Limited | Pending |
To see the full case history of Grauer and Weil (India) Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Grauer and Weil (India) Limited was last rated by Care on 05 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 05 Nov 2021 |
To see the full credit ratings and regulatory alerts of Grauer and Weil (India) Limited, buy the company report.
MSME payment delays
Grauer and Weil (India) Limited has 15 MSME Form 1 returns on record between 2019 and 2024, listing 1,966 overdue payments to 214 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 214)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Neoteric Investment and Trading Co. Pvt Ltd | |||
| an individual supplier | |||
| Prince Multiplast Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Grauer and Weil (India) Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Grauer and Weil (India) has 1 subsidiary company and 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Kantrees Automation Systems Private Limited | U74140KA1989PTC010324 |
To see the full group structure of Grauer and Weil (India) Limited, buy the company report.
Employees & EPFO
Grauer and Weil (India) Limited has a workforce of 1,430 employees on its EPFO records as of May 2026, across 6 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 1,430 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Grauer and Weil (India) Limited, buy the company report.
GST
Grauer and Weil (India) has 28 GST registrations: 21 active and 7 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACG3741K1ZL | Maharashtra | Active | 01 Jul 2017 |
| 27AAACG3741K2ZK | Maharashtra | Active | 25 Jul 2017 |
| 06AAACG3741K1ZP | Haryana | Active | 01 Jul 2017 |
| 07AAACG3741K2ZM | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Grauer and Weil (India) Limited, buy the company report.
Recent activity
Grauer and Weil (India) Limited has 37 board changes on record since 1969: 23 appointments and 14 cessations. The latest: Suresh Rukmanand Pareek ceased to be Director on 30 Jul 2024.
158 earlier events are in the company report.
News
Frequently asked questions
Grauer and Weil (India) is an active public limited company based in Mumbai, Maharashtra, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 25 November 1957 (69+ years old) and is registered under CIN L74999MH1957PLC010975. Listed on BSE: 505710 and NSE: GRAUWEIL.
Grauer and Weil (India) reported revenue of ₹1,292.99 Cr for FY 2025-26 (up 3.4% YoY) based on consolidated financials.
Grauer and Weil (India) has 8 current directors:
- Nirajkumar More - Managing Director
- Rohit Rameshkumar More - Whole-Time Director
- Yogesh Ramchand Samat - Whole-Time Director
- Umesh Kumar More - Whole-Time Director
- Ayush Agarwala - Director
- Prerna Sonthalia Goradia - Director
- Ashok Kumar Kanodia - Director
- Anil Mahabirprasad Gadodia - Director
The latest financial statements of Grauer and Weil (India) on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 13 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Grauer and Weil (India) is 27AAACG3741K1ZL, registered in Maharashtra. The company has 28 GST registrations in all, of which 21 are active and 7 are cancelled or inactive. Other active GSTINs include 27AAACG3741K2ZK (Maharashtra), 06AAACG3741K1ZP (Haryana), 07AAACG3741K2ZM (Delhi).
The CIN (Corporate Identification Number) of Grauer and Weil (India) is L74999MH1957PLC010975. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Grauer and Weil (India) is a listed company as per MCA records. Its shares are listed on both BSE (code: 505710) and NSE (symbol: GRAUWEIL).
Grauer and Weil (India) has 153 court cases on record: 117 filed by the company and 36 filed against it. 47 are pending. Most are in the district courts.
Grauer and Weil (India) was incorporated on 25 November 1957, making it 69+ years old. It is registered with the Registrar of Companies, Mumbai.
Grauer and Weil (India) has 6 deals on record (5 market trades, 1 funding round), with disclosed funding of ₹9.88 Cr; the latest was in October 2009.
The peers of Grauer and Weil (India) by revenue are Clariant Igl Specialty Chemicals Private Limited, Nippon Paint (India) Private Limited, Hemani Industries Limited, PCBL (TN) Limited, all in the Business Services industry (Foundry and Fabrication, Mall Management, Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Suresh Rukmanand Pareek ceased to be Director on 30 Jul 2024. Tarun Kumar Govil ceased to be Director on 30 Jul 2024. Anil Mahabirprasad Gadodia was appointed as Director on 27 Jul 2024. Grauer and Weil (India) has 37 board changes on record in total.

