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Grasim Industries Ltd

GRASIM

Grasim Industries Ltd

GRASIM
MaterialsCement
LargecapWith a market cap of ₹1,82,708 cr, stock is ranked 52
Low RiskStock is 1.71x as volatile as Nifty
2,722.701.17% (-32.15)
2,722.701.17% (-32.15)

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MaterialsCement
LargecapWith a market cap of ₹1,82,708 cr, stock is ranked 52
Low RiskStock is 1.71x as volatile as Nifty

How to use scorecard? Learn more

MaterialsCement
LargecapWith a market cap of ₹1,82,708 cr, stock is ranked 52
Low RiskStock is 1.71x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
34.761.310.36%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
32.203.671.16%

Forecast & Ratings

Detailed Forecast 
70%
Analysts have suggested that investors can buy this stock

from 10 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Grasim Industries Limited is a holding company. The Company's segments include Viscose Staple Fibre and Wood Pulp, Cement, Chemicals, and textiles.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 11.13%, vs industry avg of 9.54%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 33.05% to 33.49%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 27.14%, vs industry avg of 15.48%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue35,342.0937,145.5757,024.0278,057.0076,734.4677,876.4597,418.541,21,448.091,32,331.261,35,200.87
Raw Materialssubtract9,034.059,313.2612,695.6016,768.1314,444.3711,905.1918,294.1623,446.6125,586.851,06,806.00
Power & Fuel Costsubtract6,013.705,795.418,631.2912,423.4511,080.7110,363.7815,520.7023,168.7322,202.38
Employee Costsubtract2,127.822,265.593,992.475,428.215,760.395,534.746,327.717,193.867,963.18
Selling & Administrative Expensessubtract7,547.587,504.559,517.3113,525.1413,295.4913,489.9316,478.4319,560.9421,435.24
Operating & Other expensessubtract3,387.723,804.4610,165.0815,117.2014,704.7016,817.0418,717.8722,755.9227,165.05
Depreciation/Amortizationsubtract1,833.791,807.592,724.363,571.384,004.234,033.404,161.074,551.595,001.325,186.53
Interest & Other Itemssubtract718.09702.403,663.176,060.036,890.315,723.484,776.006,043.739,277.439,970.24
Taxes & Other Itemssubtract2,211.202,785.012,956.163,470.472,142.525,704.075,592.827,899.458,075.327,982.16
EPS43.4455.3043.4525.6566.8165.17114.25103.2985.2579.82
DPS3.674.486.186.973.988.969.969.9610.009.96
Payout ratio0.080.080.140.270.060.140.090.100.120.12

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2022

Annual report

PDF

Investor Presentation

May 24PDF
Mar 30PDF
Mar 4PDF
+2 more
FY 2023

Annual report

PDF

Investor Presentation

May 26PDF
Feb 14PDF
Nov 14PDF
Aug 12PDF
FY 2024

Annual report

PDF

Investor Presentation

Aug 10PDF
 

Peers & Comparison

Comparing 3 stocks from 
MaterialsCement

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Grasim Industries Ltd32.481.310.36%
UltraTech Cement Ltd47.855.560.60%
Ambuja Cements Ltd42.703.000.29%
Shree Cement Ltd37.774.360.42%

Price Comparison

Compare GRASIM with any stock or ETF
Compare GRASIM with any stock or ETF
GRASIM
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding43.06%6.06%10.60%16.70%23.58%

Dec 2023

Feb 2024

Mar 2024

Jun 2024

Shareholding History

JunSepDec '23FebMarJun16.17%16.09%16.43%16.22%16.49%16.70%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Grasim Industries Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Quant ELSS Tax Saver Fund - Growth - Direct Plan

Growth
0.3301%5.42%5.12%15/54 (+6)
SBI Large & Midcap Fund - Growth - Direct Plan

Growth
0.2969%1.93%-0.17%48/87 (-35)
Franklin India Flexi Cap Fund - Growth - Direct Plan

Growth
0.2296%2.41%-0.14%14/61 (0)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Dividend Cuts

Dividends are the portion of earnings that a company distributes to all its shareholders every year

GRASIM has increased or maintained dividend levels over the last 5 years

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.35%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹3.52 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateAug 6, 2024

Final
Final | Div/Share: ₹10.00

Dividend/Share

10.00

Ex DateEx Date

Aug 6, 2024

Cash Dividend

Ex DateEx DateAug 11, 2023

Final
Final | Div/Share: ₹10.00

Dividend/Share

10.00

Ex DateEx Date

Aug 11, 2023

Cash Dividend

Ex DateEx DateAug 11, 2022

Final
Final | Div/Share: ₹5.00

Dividend/Share

5.00

Ex DateEx Date

Aug 11, 2022

Cash Dividend

Ex DateEx DateAug 11, 2022

Special
Special | Div/Share: ₹5.00

Dividend/Share

5.00

Ex DateEx Date

Aug 11, 2022

Cash Dividend

Ex DateEx DateAug 12, 2021

Special
Special | Div/Share: ₹4.00

Dividend/Share

4.00

Ex DateEx Date

Aug 12, 2021

News & Opinions
Corporate
Grasim Industries repays commercial paper of Rs 1,000 cr

Grasim Industries has repaid commercial paper aggregating Rs 1,000 crore on maturity i.e. today, 14 August 2024. Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Grasim Indus Board approves acquisition of minor stake in renewable energy entity

The Board of Grasim Industries at its meeting held on 09 August 2024 has approved the acquisition of 26% equity stake in AMPIN Energy C&I Three and AMPIN Energy C&I One, a Special Purpose Vehicles (SPVs) for the purpose of generation and transmission of renewable energy to Chamarajanagar, Karnataka and Cheyyar, Tamil Nadu, Company's Paint plants respectively.Powered by Capital Market - Live

1 month agoCapital Market - Live
Market Overview
Sensex spurts 819 pts; Nifty above 24,350; VIX drops 7.45%

The key equity benchmarks ended with robust gains on Friday. The Nifty settled above the 24,350 mark. All sectoral indices on the NSE ended in green with PSU bank, media, and auto shares gaining the most. As per provisional closing, the barometer index, the S&P BSE Sensex, was up 819.69 points or 1.04% to 79,705.91. The Nifty 50 index gained 250.50 points or 1.04% to 24,367.50. In the broader market, the S&P BSE Mid-Cap index added 1.21% and the S&P BSE Small-Cap index rose 0.79%. The market breadth was strong. On the BSE, 2,339 shares rose and 1,565 shares fell. A total of 102 shares were unchanged. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, tumbled 7.45% to 15.37. Buzzing Index: The Nifty PSU Bank index added 1.92% to 6,994.45. The index shed 0.87% in past trading sessions. Indian Bank (up 3.92%), Canara Bank (up 3.18%), Union Bank of India (up 2.13%), State Bank of India (up 2.1%), Bank of Baroda (up 1.8%), Punjab National Bank (up 0.89%) and UCO Bank (up 0.19%) edged higher. On the other hand, Punjab & Sind Bank (down 0.57%), Bank of India (down 0.39%) and Central Bank of India (down 0.2%) declined. Stocks in Spotlight: Grasim Industries added 1.26%. The company reported 23.38% decline in consolidated net profit to Rs 1,207.93 crore in Q1 FY25 as compared with Rs 1,576.47 crore in Q1 FY24. Revenue from operations increased 9% YoY to Rs 33,860.75 crore in Q1 FY25, driven by strong performance from its diversified businesses portfolio. Cellulosic Staple Fibre, Building Materials and Financial Services businesses delivered superior performance. Eicher Motors jumped 5.55% after the company's consolidated net profit jumped 19.94% to Rs 1,101.46 crore in Q1 FY25 as compared with Rs 918.34 crore posted in corresponding quarter last year. Revenue from operations increased 10.2% YoY to Rs 4,393.05 crore during the quarter. JSW Steel advance 2.58% after the company's consolidated crude steel production for the month of July 2024 was at 22.15 lakh tonnes, which is higher by 9% as compared with the same period last year. Life Insurance Corporation of India (LIC) rose 0.83%. The state-run life insurer's standalone net profit rose 9.61% to Rs 10,461.05 crore on 15.66% increase in total premium income to Rs 1,13,770.14 crore in Q1 FY25 over Q1 FY24. Oil India rallied 4.78%. The petroleum business company reported 9.09% decline in standalone net profit to Rs 1,466.84 in Q1 FY25 as compared to Rs 1,613.43 crore posted in Q1 FY24. However, revenue from operations (excluding excise duty) jumped 17.67% to Rs 5,331.92 crore in Q1 FY25 from Rs 4531.18 crore reported in the same period a year ago. Steel Authority of India (SAIL) slipped 5.96% after the company's standalone net profit dropped 92.87% to Rs 10.68 crore in Q1 FY25 from Rs 149.83 crore in Q1 FY24. Revenue from operations fell 1.48% to Rs 23,997.78 crore during the quarter as compared with Rs 24,357.58 crore posted in same quarter last fiscal Container Corporation of India (CONCOR) declined 1.82%. The company reported 5.14% increase in consolidated net profit to Rs 258.17 crore in Q1 FY25 as compared to Rs 245.56 crore posted in Q1 FY24. Revenue from operations grew by 9.38% year on year (YoY) to Rs 2,103.13 crore during the quarter ended 30 June 2024. Biocon shed 0.75%. The company's conosldidated net profit surged to Rs 659.7 crore in Q1 FY25 as compared with Rs 101.4 crore in Q1 FY24. Revenue from operations increased marginally YoY to Rs 3,432.9 crore in during the quarter. Global Markets: European stocks advanced while most Asian stocks ended higher on Friday, buoyed by a strong Wall Street performance. Investor sentiment was lifted by China's release of July consumer price index data, which showed a modest increase and eased deflation concerns. The country's consumer prices rose 0.5% year-on-year last month. However, core CPI, excluding volatile food and energy items, cooled to 0.4% from 0.6% in June. U.S. stocks surged on Thursday after the Labor Department reported a larger-than-expected drop in initial jobless claims to 233,000 for the week ended August 3. The Dow Jones Industrial Average rose 1.76%, the S&P 500 gained 2.30% and the Nasdaq Composite added 2.87%. Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Grasim Inds Q1 PAT drops 23% YoY to Rs 1,208 cr

Revenue from operations increased 9% YoY to Rs 33,860.75 crore in Q1 FY25, driven by strong performance from its diversified businesses portfolio. Cellulosic Staple Fibre, Building Materials and Financial Services businesses delivered superior performance. Profit before exceptional items and tax declined 14.37% to Rs 2,943.67 crore in Q1 FY25 as compared with Rs 3,437.60 crore posted in same quarter last year. Exceptional items stood at Rs 32.50 crore. Consolidated EBITDA was lower by 4% at Rs 4,760 crore in Q1 FY25. This was driven by investments in the Paints business. Revenue from Cellulosic Staple Fibre (CSF) business for the quarter was at Rs 3,787 crore. up 6% YoY. sales volume stood at 212 KT, up 14% YoY. Cellulosic Fashion Yarn (CFY) business recorded marginal volume growth of 2% YoY, due to subdued demand conditions in the downstream value chain and lower priced export into India by from Chinese producers. Revenue from Chemicals business declined 4% YoY to Rs 2,066 crore in Q1 FY25. Speciality Chemicals (epoxy polymers and curing agents) revenue mix improved to 30% for the quarter from 25% in Q1FY24. The building materials business reported revenue of Rs 18,701 crore, up 11% YoY, led by the growth in Cement and ramp-up in revenues from new growth businesses - Paints and B2B E-Commerce. EBITDA stood at Rs 2,909 crore, down 7% YoY mainly due to initial funding of new growth businesses. Consolidated sales volumes of cement business (UltraTech) grew by 7% YoY to 31.95 MT and ready-mix concrete sales volumes grew by 22% YoY to 3.25 Mn. During the quarter, grey cement capacity expanded by 8.7 Mn TPA, taking the total grey cement capacity to 154.9 Mn TPA. The board of directors of UltraTech approved the purchase of 32.72% equity stake of the promoters & their associates in India Cements Limited (ICL). UltraTech will pay Rs 3,954 crore at Rs 390 per share. This has triggered a mandatory open offer, at Rs 390/share. The company said that the paints business under the brand name 'Birla Opus' is ramping up production across product categories at already commissioned three plants. Trial production has also commenced at the Chamarajanagar plant. The first flagship experience store is operational in Mumbai. Media campaign under 'Make life Beautiful' was launched with a focus on rapid brand building across all marketing channels. Outreach to influencers (contractors and painters) remains on track. The total Capex for the business is Rs 7,795 crore till June 2024, approximately 77% of the planned capex outlay. The financial services business (Aditya Birla Capital), revenue and EBITDA, as consolidated in accordance with Ind AS, stood at Rs 8,807 crore and Rs 1,058 crore, registering growth of 25% and 17%, respectively. The overall lending portfolio (NBFC and HFC) increased by 27% YoY and 3% QoQ to Rs 1,27,705 crore. The consolidated capex for Q1 FY25 stood at Rs 983 crore. The budgeted standalone capex for FY25 is Rs 4,553 crore of which around Rs 3,000 crore, is towards new growth businesses. Grasim Industries, a flagship company of the Aditya Birla Group, is a leading diversified player with leadership presence across many sectors. It is a leading global producer of viscose staple fibre and viscose filament yarn, the largest chlor-alkali, advanced material, linen yarn and fabrics producer in India. The company recently has entered paints business and setting up six plants across pan India locations. The counter rose 1.21% to Rs 2,574.80 on the BSE.Powered by Capital Market - Live

1 month agoCapital Market - Live
Earnings
Grasim Industries consolidated net profit declines 23.38% in the June 2024 quarter

Net profit of Grasim Industries declined 23.38% to Rs 1207.93 crore in the quarter ended June 2024 as against Rs 1576.47 crore during the previous quarter ended June 2023. Sales rose 9.00% to Rs 33860.75 crore in the quarter ended June 2024 as against Rs 31065.19 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales33860.7531065.19 9 OPM %19.8020.46 - PBDT4311.404620.40 -7 PBT2943.673437.87 -14 NP1207.931576.47 -23 Powered by Capital Market - Live

1 month agoCapital Market - Live

Grasim Industries Share Price Today Live Updates: Grasim Industries Closes at Rs 2612.25 with Strong Trading Volume - The Economic Times

1 month agoEconomic Times

Grasim Industries Share Price Today Live Updates: Grasim Industries Sees 1.88% Decline in Current Price with Average Daily Volatility of 3.63 Units - The Economic Times

1 month agoEconomic Times

Last date to buy today! Grasim Industries among 12 stocks to trade ex-dividend on Tuesday

1 month agoEconomic Times
Corporate
Grasim Industries announces board meeting date

Grasim Industries will hold a meeting of the Board of Directors of the Company on 9 August 2024.Powered by Capital Market - Live

1 month agoCapital Market - Live

Grasim Industries Share Price Today Live Updates: Grasim Industries Sees Marginal Decline in Price, Yields 12.19% Returns Over 3 Months - The Economic Times

1 month agoEconomic Times