Grasim Industries Limited Share Price & Analysis
Price Chart
Fundamentals
Concerns
- ✗Heavy debt load (D/E 2.2x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| ULTRACEMCO UltraTech Cement Limited | ₹11,870 | ₹3.5L Cr | 41.8 | 4.57 | 11.2 | 12.8 | 0.35 |
| AMBUJACEM Ambuja Cements Limited | ₹430 | ₹1.1L Cr | 21.8 | 1.79 | 8.85 | 5.61 | 0.02 |
| SHREECEM SHREE CEMENT LIMITED | ₹26,690 | ₹96K Cr | 56.9 | 4.14 | 7.51 | 10.3 | 0.1 |
| JKCEMENT JK Cement Limited | ₹5,762 +1.84% | ₹42K Cr | 42.7 | 6.32 | 15.6 | 15.1 | 1 |
| DALBHARAT Dalmia Bharat Limited | ₹1,865 | ₹34K Cr | 31.6 | 1.94 | 6.11 | 7.59 | 0.4 |
| ACC ACC Limited | ₹1,359 -2.08% | ₹26K Cr | 12.2 | 1.25 | 10.9 | 11.2 | 0.02 |
| RAMCOCEM The Ramco Cements Limited | ₹907 -1.18% | ₹22K Cr | 83.8 | 2.54 | 3.34 | 6.12 | 0.48 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
GRASIM · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 42.75% | 43.05% | 43.05% | 43.11% | 43.11% | 43.11% |
| FII | 12.52% | 12.70% | 13.69% | 13.78% | 13.50% | 13.45% |
| DII | 16.70% | 16.69% | 16.66% | 17.75% | 17.90% | 18.24% |
| Public | 27.69% | 27.24% | 26.29% | 25.04% | 25.17% | 24.87% |
| Others | 0.33% | 0.31% | 0.30% | 0.31% | 0.31% | 0.30% |
Corporate Events
Dividend - Rs 10 Per Share
Grasim Industries Limited has informed the Exchange that the meeting of the Board of Directors of the Company will held on Wednesday, 20th May 2026, inter alia, to consider and approve Standalone and Consolidated Audited Financial Results of the Company f
Dividend - Rs 10 Per Share
Annual General Meeting/Dividend - Rs 10 Per Share
Rights 6:179 @ Premium Rs 1810/-
Annual General Meeting/Dividend - Rs 10 Per Share
Latest News
All news →Grasim to acquire additional stake in Aditya Birla Capital via preferential issue
*Grasim to acquire additional stake in Aditya Birla Capital via preferential issue*\nGrasim Industries is acquiring more equity shares of Aditya Birla Capital through a preferential issue. This move strengthens its holding in the financial arm of the Aditya Birla Group. The acquisition highlights strategic consolidation within the group.\n\n📊 *STOCKS:* GRASIM | 🏢 *SECTOR:* Corporate | #HIGHIMPACT #Acquisition
Grasim Industries announces change in senior management
*Grasim Industries announces change in senior management.* The company has disclosed a shift in its senior management personnel, as per an NSE filing. Such changes can influence strategic direction and investor sentiment. Impact will depend on the roles and successors involved. 📊 *STOCKS:* GRASIM | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #ManagementChange
Grasim inaugurates CPVC resin plant in Gujarat with Lubrizol
*Grasim inaugurates CPVC resin plant in Gujarat with Lubrizol*. Grasim Industries has inaugurated its **CPVC resin plant** at Vilayat, Gujarat, developed in collaboration with Lubrizol Advanced Materials India Private Limited. The project marks a strategic expansion in specialty chemicals with potential long-term demand growth. The plant strengthens Grasim’s position in high-margin polymer products. 📊 *STOCKS:* GRASIM | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #CPVC
Grasim announces record date, book closure, and AGM details
*Grasim announces record date, book closure, and AGM details.* The company has informed shareholders about the upcoming **record date** and **book closure** period for dividend distribution. The **Annual General Meeting** will be held shortly thereafter. Routine corporate exercise with no immediate price trigger. 📊 *STOCKS:* GRASIM | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #RecordDate
Grasim sets dividend record date for August 2026
*Grasim sets dividend record date for August 2026.* Grasim Industries has announced **07-Aug-2026** as the record date for dividend distribution. Shareholders registered on or before this date will be eligible for dividends. The announcement is a routine corporate action with no immediate financial impact. 📊 *STOCKS:* GRASIM | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #dividend
Grasim transfers unclaimed shares to IEPF
*Grasim transfers unclaimed equity shares to IEPF.* The company issued a public notice via newspaper advertisement as part of regulatory compliance for transferring dormant shares to the Investor Education and Protection Fund. This action pertains to investor accounts with no activity for years. No financial impact expected for active shareholders. 📊 *STOCKS:* GRASIM | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #IEPF
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹44.3K Cr ▲11.1% | ₹39.9K Cr ▼0.5% | ₹40.1K Cr ▼9.4% | ₹44.3K Cr ▲25.1% | ₹35.4K Cr ▲3.4% | ₹34.2K Cr ▼1.1% | ₹34.6K Cr ▼8.3% | ₹37.7K Cr |
| Op. Profit | ₹8.9K Cr ▲15.6% | ₹7.7K Cr ▼13.0% | ₹8.8K Cr ▲0.8% | ₹8.8K Cr ▲28.6% | ₹6.8K Cr ▲12.9% | ₹6.0K Cr ▼9.8% | ₹6.7K Cr ▼15.3% | ₹7.9K Cr |
| OPM | 20.0% ▲5.3% | 19.0% ▼13.6% | 22.0% ▲10.0% | 20.0% ▲5.3% | 19.0% ▲5.6% | 18.0% ▼5.3% | 19.0% ▼9.5% | 21.0% |
| Net Profit | ₹2.2K Cr ▲49.1% | ₹1.5K Cr ▼45.9% | ₹2.8K Cr ▼6.9% | ₹3.0K Cr ▲71.5% | ₹1.7K Cr ▲76.4% | ₹983 Cr ▼52.4% | ₹2.1K Cr ▼24.1% | ₹2.7K Cr |
| EPS (₹) | 15.23 ▲87.3% | 8.13 ▼61.0% | 20.85 ▼5.1% | 21.98 ▲76.5% | 12.45 ▲160.5% | 4.78 ▼70.7% | 16.33 ▼21.5% | 20.8 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.8L Cr ▲18.2% | ₹1.5L Cr ▲13.4% | ₹1.3L Cr ▲11.4% | ₹1.2L Cr ▲22.9% | ₹95.7K Cr ▲25.3% | ₹76.4K Cr ▲11.9% | ₹68.3K Cr ▼11.6% | ₹77.2K Cr ▲38.1% | ₹55.9K Cr ▲55.0% | ₹36.1K Cr |
| Expenses | ₹1.4L Cr ▲15.7% | ₹1.2L Cr ▲15.8% | ₹1.0L Cr ▲8.1% | ₹96.0K Cr ▲27.6% | ₹75.3K Cr ▲30.3% | ₹57.8K Cr ▼0.2% | ₹57.9K Cr ▼4.4% | ₹60.6K Cr ▲36.8% | ₹44.3K Cr ▲54.4% | ₹28.7K Cr |
| Op. Profit | ₹36.3K Cr ▲28.4% | ₹28.3K Cr ▲3.9% | ₹27.2K Cr ▲26.0% | ₹21.6K Cr ▲5.7% | ₹20.4K Cr ▲9.6% | ₹18.6K Cr ▲79.6% | ₹10.4K Cr ▼37.7% | ₹16.6K Cr ▲43.3% | ₹11.6K Cr ▲57.2% | ₹7.4K Cr |
| OPM | 21.0% ▲10.5% | 19.0% ▼9.5% | 21.0% ▲16.7% | 18.0% ▼14.3% | 21.0% ▼12.5% | 24.0% ▲60.0% | 15.0% ▼31.8% | 22.0% ▲4.8% | 21.0% ▲5.0% | 20.0% |
| Other Income | ₹1.0K Cr ▼31.0% | ₹1.5K Cr ▲93.7% | ₹783 Cr ▼79.0% | ₹3.7K Cr ▲126.5% | ₹1.6K Cr ▲45.8% | ₹1.1K Cr ▼84.0% | ₹7.1K Cr ▲483.3% | ₹-1.8K Cr ▼550.2% | ₹410 Cr ▼61.9% | ₹1.1K Cr |
| Interest | ₹15.1K Cr ▲21.2% | ₹12.5K Cr ▲34.7% | ₹9.3K Cr ▲53.5% | ₹6.0K Cr ▲26.5% | ₹4.8K Cr ▼16.5% | ₹5.7K Cr ▼16.9% | ₹6.9K Cr ▲13.7% | ₹6.1K Cr ▲65.4% | ₹3.7K Cr ▲421.8% | ₹702 Cr |
| Depreciation | ₹7.7K Cr ▲19.7% | ₹6.5K Cr ▲29.1% | ₹5.0K Cr ▲9.9% | ₹4.6K Cr ▲9.4% | ₹4.2K Cr ▲3.2% | ₹4.0K Cr ▲0.7% | ₹4.0K Cr ▲12.1% | ₹3.6K Cr ▲31.1% | ₹2.7K Cr ▲50.7% | ₹1.8K Cr |
| PBT | ₹14.5K Cr ▲33.7% | ₹10.8K Cr ▼21.0% | ₹13.7K Cr ▼7.0% | ₹14.7K Cr ▲12.1% | ₹13.1K Cr ▲31.3% | ₹10.0K Cr ▲52.7% | ₹6.6K Cr ▲26.9% | ₹5.2K Cr ▼8.4% | ₹5.6K Cr ▼5.3% | ₹6.0K Cr |
| Tax % | 29.0% ▲3.6% | 28.0% ▲0.0% | 28.0% ▲12.0% | 25.0% ▲66.7% | 15.0% ▼50.0% | 30.0% ▲3100.0% | -1.0% ▼102.1% | 47.0% ▲34.3% | 35.0% ▲20.7% | 29.0% |
| Net Profit | ₹10.3K Cr ▲32.8% | ₹7.8K Cr ▼21.9% | ₹9.9K Cr ▼10.4% | ₹11.1K Cr ▼1.1% | ₹11.2K Cr ▲60.4% | ₹7.0K Cr ▲5.2% | ₹6.6K Cr ▲141.9% | ₹2.7K Cr ▼25.6% | ₹3.7K Cr ▼13.1% | ₹4.2K Cr |
| EPS (₹) | 72.98 ▲34.0% | 54.46 ▼36.2% | 85.42 ▼14.9% | 100.33 ▼9.6% | 110.96 ▲75.3% | 63.3 ▼2.5% | 64.9 ▲160.5% | 24.91 ▼36.8% | 39.43 ▼39.9% | 65.64 |
| Div Payout | 14.0% ▼22.2% | 18.0% ▲50.0% | 12.0% ▲20.0% | 10.0% ▲11.1% | 9.0% ▼35.7% | 14.0% ▲133.3% | 6.0% ▼77.8% | 27.0% ▲80.0% | 15.0% ▲87.5% | 8.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹136 Cr ▲0.0% | ₹136 Cr ▲2.3% | ₹133 Cr ▲0.8% | ₹132 Cr ▲0.0% | ₹132 Cr ▲0.0% | ₹132 Cr ▲0.0% | ₹132 Cr ▲0.0% | ₹132 Cr ▲0.8% | ₹131 Cr ▲40.9% | ₹93 Cr |
| Reserves | ₹99.5K Cr ▲2.2% | ₹97.4K Cr ▲10.0% | ₹88.5K Cr ▲12.6% | ₹78.6K Cr ▲4.0% | ₹75.6K Cr ▲15.6% | ₹65.4K Cr ▲15.7% | ₹56.5K Cr ▼2.4% | ₹57.9K Cr ▲1.1% | ₹57.2K Cr ▲82.9% | ₹31.3K Cr |
| Borrowings | ₹2.1L Cr ▲10.2% | ₹1.9L Cr ▲35.9% | ₹1.4L Cr ▲33.1% | ₹1.0L Cr ▲37.9% | ₹74.7K Cr ▼5.5% | ₹79.1K Cr ▼6.7% | ₹84.8K Cr ▲0.3% | ₹84.5K Cr ▲26.0% | ₹67.1K Cr ▲628.0% | ₹9.2K Cr |
| Other Liabilities | ₹2.3L Cr ▲4.1% | ₹2.2L Cr ▲16.0% | ₹1.9L Cr ▲20.2% | ₹1.6L Cr ▲11.8% | ₹1.4L Cr ▲13.0% | ₹1.2L Cr ▲19.5% | ₹1.0L Cr ▲4.2% | ₹98.6K Cr ▲18.2% | ₹83.5K Cr ▲276.9% | ₹22.1K Cr |
| Total Liabilities | ₹5.3L Cr ▲6.0% | ₹5.0L Cr ▲21.3% | ₹4.1L Cr ▲22.4% | ₹3.4L Cr ▲16.5% | ₹2.9L Cr ▲8.2% | ₹2.7L Cr ▲9.5% | ₹2.4L Cr ▲1.3% | ₹2.4L Cr ▲16.0% | ₹2.1L Cr ▲231.3% | ₹62.7K Cr |
| Assets | ||||||||||
| Fixed Assets | ₹1.5L Cr ▲2.7% | ₹1.4L Cr ▲40.5% | ₹1.0L Cr ▲5.9% | ₹94.9K Cr ▲6.6% | ₹89.0K Cr ▲4.7% | ₹85.0K Cr ▼3.1% | ₹87.7K Cr ▲0.7% | ₹87.1K Cr ▲25.8% | ₹69.3K Cr ▲99.1% | ₹34.8K Cr |
| CWIP | ₹14.3K Cr ▼2.9% | ₹14.8K Cr ▼19.6% | ₹18.4K Cr ▲136.0% | ₹7.8K Cr ▲17.6% | ₹6.6K Cr ▲14.7% | ₹5.8K Cr ▲47.8% | ₹3.9K Cr ▲41.1% | ₹2.8K Cr ▲20.8% | ₹2.3K Cr ▲76.6% | ₹1.3K Cr |
| Investments | ₹1.1L Cr ▼23.2% | ₹1.4L Cr ▲8.7% | ₹1.3L Cr ▲22.7% | ₹1.1L Cr ▲8.9% | ₹96.8K Cr ▲9.9% | ₹88.0K Cr ▲32.7% | ₹66.3K Cr ▲5.7% | ₹62.7K Cr ▼4.9% | ₹66.0K Cr ▲364.8% | ₹14.2K Cr |
| Other Assets | ₹2.6L Cr ▲29.1% | ₹2.0L Cr ▲24.2% | ₹1.6L Cr ▲27.3% | ₹1.3L Cr ▲33.1% | ₹96.8K Cr ▲9.3% | ₹88.5K Cr ▲2.7% | ₹86.2K Cr ▼2.6% | ₹88.5K Cr ▲25.8% | ₹70.4K Cr ▲464.5% | ₹12.5K Cr |
| Total Assets | ₹5.3L Cr ▲6.0% | ₹5.0L Cr ▲21.3% | ₹4.1L Cr ▲22.4% | ₹3.4L Cr ▲16.5% | ₹2.9L Cr ▲8.2% | ₹2.7L Cr ▲9.5% | ₹2.4L Cr ▲1.3% | ₹2.4L Cr ▲16.0% | ₹2.1L Cr ▲231.3% | ₹62.7K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹-17.2K Cr ▼60.2% | ₹-10.7K Cr ▲15.5% | ₹-12.7K Cr ▼280.2% | ₹7.0K Cr ▼53.3% | ₹15.1K Cr ▼9.3% | ₹16.6K Cr ▲1101.8% | ₹-1.7K Cr ▲59.9% | ₹-4.1K Cr ▼156.8% | ₹7.3K Cr ▲24.2% | ₹5.9K Cr |
| Investing CF | ₹-23.3K Cr ▼0.9% | ₹-23.1K Cr ▼68.6% | ₹-13.7K Cr ▼1202.2% | ₹-1.1K Cr ▲85.3% | ₹-7.1K Cr ▲37.1% | ₹-11.4K Cr ▼413.7% | ₹-2.2K Cr ▼243.1% | ₹1.5K Cr ▲144.1% | ₹-3.5K Cr ▲22.3% | ₹-4.5K Cr |
| Financing CF | ₹43.0K Cr ▲26.7% | ₹33.9K Cr ▲28.1% | ₹26.5K Cr ▲493.1% | ₹-6.7K Cr ▲15.9% | ₹-8.0K Cr ▼134.1% | ₹-3.4K Cr ▼182.2% | ₹4.2K Cr ▲20.6% | ₹3.4K Cr ▲190.8% | ₹-3.8K Cr ▼178.3% | ₹-1.4K Cr |
| Net Cash Flow | ₹2.5K Cr ▲3226.7% | ₹75 Cr ▲4.2% | ₹72 Cr ▲109.6% | ₹-748 Cr ▼897.3% | ₹-75 Cr ▼104.1% | ₹1.8K Cr ▲540.4% | ₹287 Cr ▼66.5% | ₹856 Cr ▲4380.0% | ₹-20 Cr ▼81.8% | ₹-11 Cr |
| Free Cash Flow | ₹-33.7K Cr ▼12.1% | ₹-30.0K Cr ▼22.1% | ₹-24.6K Cr ▼1577.6% | ₹-1.5K Cr ▼112.7% | ₹11.5K Cr ▼1.0% | ₹11.6K Cr ▲305.4% | ₹-5.7K Cr ▲21.1% | ₹-7.2K Cr ▼230.8% | ₹5.5K Cr ▲76.1% | ₹3.1K Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 23d ▲21.1% | 19d ▲5.6% | 18d ▼14.3% | 21d ▲0.0% | 21d ▼32.3% | 31d ▼3.1% | 32d ▼5.9% | 34d ▲13.3% | 30d ▼6.3% | 32d |
| Inventory Days | 179d ▼7.7% | 194d ▲7.8% | 180d ▼10.0% | 200d ▲11.7% | 179d ▲0.0% | 179d ▲16.2% | 154d ▼9.4% | 170d ▲4.3% | 163d ▼3.0% | 168d |
| Days Payable | 177d ▼19.9% | 221d ▲2.3% | 216d ▼9.6% | 239d ▲4.4% | 229d ▲33.1% | 172d ▲29.3% | 133d ▼8.9% | 146d ▲24.8% | 117d ▲20.6% | 97d |
| Cash Conv. Cycle | 25d ▲457.1% | -7d ▲58.8% | -17d ▲5.6% | -18d ▲37.9% | -29d ▼176.3% | 38d ▼28.3% | 53d ▼8.6% | 58d ▼23.7% | 76d ▼26.2% | 103d |
| Working Capital Days | -105d ▼15.4% | -91d ▼21.3% | -75d ▲14.8% | -88d ▲14.6% | -103d ▼22.6% | -84d ▼78.7% | -47d ▲50.5% | -95d ▼400.0% | -19d ▲66.1% | -56d |
| ROCE | 8.0% ▼11.1% | 9.0% ▼10.0% | 10.0% ▲11.1% | 9.0% ▲0.0% | 9.0% ▲12.5% | 8.0% ▲0.0% | 8.0% ▼20.0% | 10.0% ▼23.1% | 13.0% ▲18.2% | 11.0% |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About Grasim Industries Limited
Grasim Industries Limited is the flagship company of the Aditya Birla group, it ranks amongst India's largest private sector companies. On standalone basis, GIL’s core businesses comprise of viscose Staple fibre (VSF), caustic soda, speciality chemicals, rayon-grade wood pulp (RGWP) with plants at multiple locations. It also has certain other businesses such as fertiliser, textile, etc. [1]
Construction Materials · Cement & Cement Products