Avsar.

Commodities · Cement & Cement Products

Grasim Industries Ltd (GRASIM)

₹2,981.40

Mkt cap
₹2.03L Cr
P/E ratio
35.40
P/B
1.96
Div yield
0.34%
ROE
4.98%
ROCE
8.01%
EPS (TTM)
₹84.22
Book value
₹1,520
52W range
2,503–3,411
Sector
Commodities

Price history

Previous close

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]

NSE GRASIMBSE 500300
Health check
Cautious
ValuationExpensive
ProfitabilityWeak
GrowthHigh
TechnicalsNeutral
52-week range
−12.60% from high
₹2,981
₹2,503+19.14% from low₹3,411
Current
₹2,981.40
Prev close
₹2,932.80
Day
+1.66%
Price performance
1D
+1.66%
1W
+3.02%
1M
−3.83%
3M
−3.97%
6M
+6.36%
1Y
+4.08%
YTD
+4.38%

Financials

Revenue, profit & margin
P/E ratio
35.4×
GRASIM is 50% above the sector median of 23.6×
GRASIM35.4×
Sector median23.6×
 Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Trend
Sales31,06530,22131,96537,72734,61034,22335,37844,26740,11839,90044,31251,10148,716
Expenses24,70824,17325,07329,83527,92728,19728,57535,51731,29632,22835,44240,22737,565
Operating Profit6,3576,0486,8937,8926,6826,0266,8048,7508,8227,6718,87010,87411,152
OPM %20%20%22%21%19%18%19%20%22%19%20%21%23%
Other Income296285256-4824740338248537640665143318
Interest2,0322,2262,4332,5862,7953,0273,2703,4073,5513,6693,9094,0154,298
Depreciation1,1831,2451,2441,3291,4431,5721,6081,8311,8101,8991,9752,0421,988
Profit before tax3,4382,8623,4723,9282,6911,8302,3083,9963,8372,5103,0514,9605,183
Tax %25%29%25%31%23%46%25%26%28%40%27%26%26%
Net Profit2,5762,0242,6032,7222,0669831,7342,9732,7711,4982,2333,6843,846
EPS in Rs23.1717.1022.2520.8016.334.7812.4521.9820.878.1315.2327.8631.53
Raw PDF

Earnings

Results dates & reactions
Next results
13 Nov '26scheduled

Fresh quarters land in the Financials table above, tagged NSE until screener catches up.

Avg earnings-day move +0.30% · closed higher next day 30 of last 57
 Q2FY24Q3FY24Q4FY24Q1FY25Q2FY25Q3FY25Q4FY25†Q1FY26Q2FY26Q3FY26Q4FY26Q1FY27
Broadcast13 Nov '23◦9 Feb '2423 May '249 Aug '2414 Nov '24◦10 Feb '25◦22 May '258 Aug '25◦5 Nov '25◦10 Feb '26◦20 May '26◦12 Aug '26
Earnings day+0.78%+5.41%+0.70%+1.10%−0.27%+0.74%−0.57%+2.50%−6.31%−0.72%+6.17%−0.43%
+1 day+0.71%+4.38%+0.18%+1.04%−0.63%+0.47%−0.68%+1.81%−5.46%−0.96%+6.20%−1.96%
+5 days+2.35%+2.35%−3.75%+2.11%+3.69%−0.41%−4.82%+5.08%−3.62%−0.68%+5.09%−1.57%
+15 days+7.93%+9.60%+0.88%+5.74%+5.20%−3.30%−0.40%+3.34%−4.93%−7.78%+4.52%−0.82%
+30 days+10.68%+8.88%+12.78%+4.80%−3.24%+5.88%+4.91%+4.30%−2.58%−11.03%+8.14%−4.69%
FilingXBRLXBRLXBRLXBRLXBRLXBRLXBRLXBRLXBRLXBRLXBRLXBRL

Corporate actions

Last 6 months
KindValueEx-dateRecord
dividend
Dividend - Rs 10 Per Share
10.007 Aug '267 Aug '26

Results analysis

Shareholding

as of Sep 2026
45.20%Promoter
Promoters45.20%1.47
FIIs14.50%0.13
DIIs15.25%0.88
Public24.70%0.45
Ownership trend

Peers

7 companies
Valuation vs quality
P/E × ROCE · bubble = market cap
NameCMPP/EMkt CapDiv YldNP QtrQtr Profit VarSales QtrQtr Sales VarROCE
UltraTech Cem.₹11,045.0036.613,25,4732.17%1,501+21.66%23,295+18.81%12.66%
Grasim Inds₹2,981.4035.362,02,8950.34%3,846+49.95%48,716+21.43%8.01%
Ambuja Cements₹348.0528.6486,4840.57%236−87.23%9,197+0.24%5.61%
Shree Cement₹22,995.0052.4082,9680.65%263−15.13%5,897+23.85%10.27%
J K Cements₹4,785.5037.3936,9770.42%169+7.76%3,733+23.66%15.10%
Dalmia BharatLtd₹1,326.2022.6524,8750.68%192−15.27%3,890+6.99%7.59%
ACC₹1,130.0023.1021,2200.66%93−87.65%5,689−5.26%11.25%
Median: 32 Co.₹151.3223.642,5770.35%35−22.44%742+14.36%7.01%

Filings

Annual reports15
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022Annual Report 2021Annual Report 2020Annual Report 2019Annual Report 2018Annual Report 2017Annual Report 2016Annual Report 2015Annual Report 2014Annual Report 2013Annual Report 2012
Concall transcripts87
TranscriptAug 2026PPTAug 2026RECAug 2026TranscriptMay 2026PPTMay 2026RECMay 2026TranscriptFeb 2026PPTFeb 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptAug 2025PPTAug 2025TranscriptMay 2025PPTMay 2025PPTMay 2025TranscriptFeb 2025PPTFeb 2025RECFeb 2025TranscriptNov 2024PPTNov 2024TranscriptAug 2024PPTAug 2024TranscriptMay 2024
Credit ratings6
Rating update 22 JulcareRating update 22 JulcrisilRating update 6 JulcareRating update 26 JunfitchRating update 1 JunicraRating update 29 Maycrisil
Announcements5
Update On Acquisition Of Solenergi Power Private Limited By Aditya Birla Renewables Limited, A Subsidiary Of The Company 30 Oct - CCI approved ABReN’s acquisition of Solenergi Power Pvt LtdShell Overseas Investment BV.Board Meeting Intimation for Considering And Approving The Unaudited Financial Results Of The Company For The Quarter And Half Year Ended 30Th September 2026 30 Oct - Board meeting on 13 November 2026 to approve Q2 FY27 standalone and consolidated results.Intimation of Repayment of Commercial Paper (CP) 26 Oct - Grasim fully repaid 15,000 commercial papers worth ₹750 crore on 26 October 2026.Rumour verification - Regulation 30(11) 25 Oct - Bombay HC quashed reassessment notice over alleged Rs 329 crore Vodafone Idea rights issue income.Clarification sought from Grasim Industries Ltd 23 Oct - Exchange has sought clarification from Grasim Industries Ltd on October 23, 2026, with reference to news appeared in https://www.ndtvprofit.com dated October 23, 2026 (Link: https://www.ndtvprofit.com/business/bombay-high-court-quashes-rs-329-crore-tax-claim-against-grasim-industries-over-vodafone-idea-rights-issue-12219710) …