Abrasive is mostly utilized in technological, industrial, and domestic applications. These materials are mostly used to complete and piece. There are several Abrasives Companies that manufacture this material and we have picked the top three companies in India for you.
Applications Of Abrasives And Types
These are used for several purposes based on their type. They are generally natural or synthetic. There are several grades of synthetic abrasives that are just as good as their natural counterparts. The synthetic abrasives are created and not mined. Abrasives are available in different shapes and they are bonded or coated.
Here are some of their applications.
- Sharpening
- Cutting
- Polishing
- Sanding
- Grinding
- Drilling
- Honing
- Buffing
Types of Abrasives
- Coated Abrasives-These tends to have some sort of material like cloth or paper as a backing. These are then coated with a kind of abrasive material.
- Bonded Abrasives-These contains abrasive materials that are present with a matrix.
- Synthetic Abrasives- These contain elements like slags, carbide, silicon, steel abrasive, glass powder, dry ice, aluminum, ceramic, and Borazon.
- Natural Abrasive- These are made of powdered feldspar, Sandstone, sand, Iron oxide, Diamond, and calcite
Top 3 Abrasives Companies in India
Here is a list of the top 3 companies in India that manufacture Abrasive:
Carborundum
This company started in the year 1954 and this is a collaboration between Grinding Wheel Ltd, Carborundum, and the Murugappa Group. The company literally changed the way bonded and coated abrasives were manufactured in India. The company in the present scene has a reputation for manufacturing more than 20,000 different types of abrasives. The company has manufacturing units in ten locations spread all over India.
The company employs sophisticated technology and has an ISO 9001 certification. The company has a strong distribution and marketing network all over India and overseas. Carborundum exports its products to more than 43 countries.
- Market Cap (Rs Crore): 7,957
- Book Value (Rs): 104
- Face Value (RS): 1.00
Profit and Loss (in Rs. Crore)
- MAR 2020: 272
- MAR 2019: 248
- MAR 2018: 216
- MAR 2017: 175
2020 Quarterly Result (in Rs. Crores)
- June Net Profit: 20
- September Net Profit: 86
Grindwell Norton
This company is a listed organization on the Stock exchange in Mumbai and it has revolutionized the manufacturing of grinding wheels since 1941. In the year 1990, a company called Saint-Gobain took over Norton and started to accompany called Grindwell Norton. In the year 1996, the company stepped up its equity stakes. Today the company owns several production units and their presence is growing. The company has plans in Himachal Pradesh, Nagpur, Bangalore, and Mumbai.
- Market Cap (Rs Crore): 7,479
- Book Value (Rs): 107
- Face Value (RS): 5.00
Profit and Loss (in Rs. Crore)
- MAR 2020: 183
- MAR 2019: 167
- MAR 2018: 150
- MAR 2017: 119
2020 Quarterly Result (in Rs. Crores):
- June Net Profit: 28
- September Net Profit: 64
Wendt
This company started out as a collaboration between Khataus and Wendt in the year 1980. In the year 19991, Carborundum bought stakes that belonged to Khataus. The German Chamber Of Commerce has included this company in its list of 25 successful companies.
- Market Cap (Rs Crore): 636
- Book Value (Rs): 684
- Face Value (RS): 10.00
Profit and Loss (in Rs. Crore)
- MAR 2020: 10
- MAR 2019: 15
- MAR 2018: 13
- MAR 2017: 12
2020 Quarterly Result (in Rs. Crores)
- June Net Profit: 0.41
- September Net Profit: 2.78
The 3 Best Abrasives Companies in India
| Sl. No. | Company | Establishment | Head office | Website |
| 1 | Carborundum | 1954 | Chennai | https://www.cumi-murugappa.com/ |
| 2 | Grindwell Norton | 1941 | Mumbai | https://www.grindwellnorton.co.in/ |
| 3 | Wendt | 1980 | Hosur | https://www.wendtindia.com/ |
So, these were the 3 leading Abrasives Companies from India that have made their mark in the industry through constant innovation. These companies are known for their high- standards and business ethics.
