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 | ₹10,919 | ₹3.3L Cr | 39.8 | 4.2 | 11.2 | 12.8 | 0.35 |
| AMBUJACEM Ambuja Cements Limited | ₹418 | ₹1.1L Cr | 21.8 | 1.74 | 8.85 | 5.61 | 0.02 |
| SHREECEM SHREE CEMENT LIMITED | ₹24,110 | ₹90K Cr | 51.7 | 3.74 | 7.78 | 10.5 | 0.1 |
| JKCEMENT JK Cement Limited | ₹4,948 +0.56% | ₹39K Cr | 38.4 | 5.43 | 15.6 | 15.1 | 1 |
| DALBHARAT Dalmia Bharat Limited | ₹1,688 | ₹33K Cr | 28.3 | 1.76 | 6.56 | 8.03 | 0.4 |
| ACC ACC Limited | ₹1,330 -1.55% | ₹26K Cr | 12.1 | 1.25 | 10.9 | 11.2 | 0.02 |
| RAMCOCEM The Ramco Cements Limited | ₹881 +0.38% | ₹21K Cr | 79.5 | 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
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
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