Grasim Industries Limited

Grasim Industries Limited

GRASIM.NS
Grasim Industries LimitedIN flagNational Stock Exchange of India
3,213.00
INR
+32.10
- -
2.18TMarket Cap
Grasim Industries Limited
GRASIM.NS
(National Stock Exchange of India)

Recent

price

3,213.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
468.13
545.29
602.97
633.05
708.91
732.48
760.22
908.96
1,156.29
1,127.02
1,149
1,434.7
1,766.74
1,964.96
2,226.56
- -
1,998.01
Revenue per Share
49.51
57.5
58.72
44.94
37.82
52.68
90.59
44.05
25.66
66.95
65.31
114.51
103.57
85.29
55.57
- -
65.06
Basic EPS, GAAP
40.69
-2.9
-38.2
3.98
28.08
66.04
116.25
-137.01
-88.47
175.17
173.35
-23.51
-375.01
-458.02
-515.12
- -
- -
Free Cash Flow per Basic Share
7.06
5.41
6.36
6.55
6.28
6.86
7.88
9.45
9.48
10.7
6.58
16.16
17.45
17.07
23.75
- -
- -
Dividend per Share
314.26
19.41
19.6
6.13
21.82
47.02
72.4
58.95
61.72
71.89
93.34
156.1
198.9
184.2
163.07
- -
2.01
Book Value per Share
357.64
428.78
494.6
545.44
631.1
698.9
803.95
984.08
864.21
927.56
1,111.15
1,322.3
1,427.99
1,673.42
1,853.38
- -
1,995.61
Tangible Book Value per Share
460
460
461
461
461
469
469
608
660
659
659
659
659
659
667
- -
678
Basic Weighted Avg Shares
215,502
251,065
277,720
291,786
326,883
343,206
356,283
552,747
762,963
742,686
757,392
945,887
1,164,666
1,295,790
1,484,779
1,754,307
1,355,312
Sales/Revenue/Turnover
16.79
17.61
16.81
11.84
11.01
13.31
15.63
13.29
11.84
12.79
15.19
13.66
10.53
11.2
8.16
9.67
10.32
Operating Margin (%)
11,384
11,544
12,521
14,575
15,632
18,338
18,076
27,244
35,322
39,667
39,788
41,241
45,290
50,013
64,537
77,259
58,271
Depreciation Expense
22,790
26,475
27,044
20,715
17,438
24,681
42,456
26,786
16,930
44,117
43,048
75,498
68,273
56,245
37,057
49,665
44,130
Net Income, GAAP
24.79
27.22
28.37
20.49
29.5
26.17
28.67
34.56
46.84
- -
30.93
15.33
24.77
27.55
28.35
28.83
26.42
Effective Tax Rate (%)
10.58
10.54
9.74
7.1
5.33
7.19
11.92
4.85
2.22
5.94
5.68
7.98
5.86
4.34
2.5
2.83
3.26
Profit Margin (%)
55,566
51,989
36,343
54,120
4,443
6,136
74,644
-22,128
11,151
50,659
60,346
-11,263
-20,286
-60,677
-140,512
-65,335
-65,335
Working Capital
41,148
57,245
66,531
76,120
62,616
55,442
67,687
407,372
566,169
600,829
539,245
478,542
681,120
877,778
1,260,792
1,591,146
1,591,146
LT Debt
189,247
223,020
258,775
285,502
323,326
361,581
410,890
836,987
885,221
909,371
1,025,616
1,161,747
1,229,128
1,389,384
1,578,128
1,698,652
1,698,652
Total Equity
11.9
12.1
10.33
7.46
6.12
7.18
7.91
4.75
2.96
- -
4.42
5.85
4.4
4.15
2.77
3.23
2.75
Return on Invested Capital (%)
7.1
10.36
12.36
9.09
7.38
9.16
20.7
4.28
1.58
- -
2.34
3.99
2.46
1.4
0.73
0.78
0.72
Return on Capital (%)
16.9
34.47
301.13
349.5
270.58
153.81
151.73
76.77
44.22
100.16
79.06
91.82
58.34
44.53
32.19
90.22
80.16
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
- -
- -
687,384
LT Borrowings
- -
- -
1,568,286
LT Finance Leases
- -
- -
22,860
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
678
- -
678
Market Capitalization
1,855,393
1,914,374
1,734,964

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
- -
- -
1,130,663
Cash, Cash Equivalents & STI
- -
- -
373,508
Accounts Receivable, Net
- -
- -
109,696
Inventories
- -
- -
154,286
Total Current Liabilities
- -
- -
1,195,998
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
687,384
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
19.19%
10.67%
7.64%
Free Cash Flow
90.9%
282.91%
-2.66%
Net Income, GAAP
20.46%
9.62%
34.02%
Sales/Revenue/Turnover
18.83%
18.4%
18.15%
Total Cash Common Dividend
25.14%
39.56%
5.5%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
310,652
302,207
319,655
363,276
1,295,790
2025
346,098
342,225
353,783
442,673
1,484,779
2026
401,181
- -
443,120
511,011
1,754,307

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
23.92
17.66
22.99
- -
85.29
2025
16.24
4.73
12.29
22.22
55.57
2026
20.91
- -
15.28
28.87
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
17.07
2025
- -
- -
- -
- -
23.75
2026
- -
- -
- -
- -
- -
Business
Grasim Industries Limited Grasim Industries Limited (GRASIM.NS), a flagship company of the Aditya Birla Group, manufactures viscose staple fibre, diversified chemicals, fashion yarn and fabrics; it operates through subsidiaries including UltraTech Cement, India's largest cement producer, Aditya Birla Capital, a leading diversified financial services provider, and Aditya Birla Renewables, a clean energy solutions player. Incorporated in 1947 and headquartered in Mumbai, India, the company maintains manufacturing plants in Nagda (Madhya Pradesh), Kharach and Veraval (Gujarat), Bharuch (Gujarat), and Harihar (Karnataka), with global exports of viscose rayon fibre to over 50 countries; its core products encompass cellulosic staple fibres under Birla Cellulose for apparel, home textiles and non-wovens, a comprehensive chemicals portfolio including caustic soda, chlorine derivatives such as stable bleaching powder, polyaluminium chloride, chlorosulphonic acid, chlorinated paraffin wax, calcium chloride, aluminium chloride and chloromethane, epoxy resins, reactive diluents and hardeners, as well as linen fabrics, wool tops, worsted yarn and cotton fabrics under brands like Linen Club, Cavallo, Soktas; it also produces rayon-grade wood pulp, insulators, textiles and solar power engineering solutions. Grasim recently launched Birla Opus paints with six greenfield plants achieving 1,332 million litres per annum capacity, introduced Birla Pivot as a B2B online marketplace for building materials, secured a ₹12.5 billion sustainability-linked investment from the International Finance Corporation for decarbonization in its paints expansion, approved a 26% equity stake acquisition in special purpose vehicles Ampin Energy C&I Three and Ampin Energy C&I One for renewable energy projects supplying its paint plants in Karnataka and Tamil Nadu, and through UltraTech Cement completed strategic acquisitions of India Cements and Kesoram Cement to accelerate capacity towards 200 million tonnes per annum ahead of schedule.