Grasim Industries Ltd
GRASIMGrasim Industries Ltd
GRASIM


Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
AvgAverage profitability - not good, not bad
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
43.69 | 1.22 | 0.39% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
27.82 | 3.16 | 1.50% |
Forecast & Ratings
Detailed Forecast from 11 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Grasim Industries Limited is a holding company. The Company's segments include Viscose Staple Fibre and Wood Pulp, Cement, Chemicals, and textiles.
Investor Presentation
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Lakh cr.
All values in ₹ Lakh cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 35,342.09 | 37,145.57 | 57,024.02 | 78,057.00 | 76,734.46 | 77,876.45 | 97,418.54 | 1,21,448.09 | 1,32,331.26 | 1,41,689.97 | ||||||||||
Raw Materials | 9,034.05 | 9,313.26 | 12,695.60 | 16,768.13 | 14,444.37 | 11,905.19 | 18,294.16 | 23,446.61 | 25,586.85 | 1,13,186.36 | ||||||||||
Power & Fuel Cost | 6,013.70 | 5,795.41 | 8,631.29 | 12,423.45 | 11,080.71 | 10,363.78 | 15,520.70 | 23,168.73 | 22,202.38 | |||||||||||
Employee Cost | 2,127.82 | 2,265.59 | 3,992.47 | 5,428.21 | 5,760.39 | 5,534.74 | 6,327.71 | 7,193.86 | 7,963.18 | |||||||||||
Selling & Administrative Expenses | 7,547.58 | 7,504.55 | 9,517.31 | 13,525.14 | 13,295.49 | 13,489.93 | 16,478.43 | 19,560.94 | 21,435.24 | |||||||||||
Operating & Other expenses | 3,387.72 | 3,804.46 | 10,165.08 | 15,117.20 | 14,704.70 | 16,817.04 | 18,717.87 | 22,755.92 | 27,165.05 | |||||||||||
EBITDA | 7,231.22 | 8,462.30 | 12,022.27 | 14,794.87 | 17,448.80 | 19,765.77 | 22,079.67 | 25,322.03 | 27,978.56 | 28,503.61 | ||||||||||
Depreciation/Amortization | 1,833.79 | 1,807.59 | 2,724.36 | 3,571.38 | 4,004.23 | 4,033.40 | 4,161.07 | 4,551.59 | 5,001.32 | 5,724.33 | ||||||||||
PBIT | 5,397.43 | 6,654.71 | 9,297.91 | 11,223.49 | 13,444.57 | 15,732.37 | 17,918.60 | 20,770.44 | 22,977.24 | 22,779.28 | ||||||||||
Interest & Other Items | 718.09 | 702.40 | 3,663.17 | 6,060.03 | 6,890.31 | 5,723.48 | 4,776.00 | 6,043.73 | 9,277.43 | 11,458.58 | ||||||||||
PBT | 4,679.34 | 5,952.31 | 5,634.74 | 5,163.46 | 6,554.26 | 10,008.89 | 13,142.60 | 14,726.71 | 13,699.81 | 11,320.70 | ||||||||||
Taxes & Other Items | 2,211.20 | 2,785.01 | 2,956.16 | 3,470.47 | 2,142.52 | 5,704.07 | 5,592.82 | 7,899.45 | 8,075.32 | 7,454.08 | ||||||||||
Net Income | 2,468.14 | 3,167.30 | 2,678.58 | 1,692.99 | 4,411.74 | 4,304.82 | 7,549.78 | 6,827.26 | 5,624.49 | 3,866.62 | ||||||||||
EPS | 43.44 | 55.30 | 43.45 | 25.65 | 66.81 | 65.17 | 114.25 | 103.29 | 85.25 | 58.72 | ||||||||||
DPS | 3.67 | 4.48 | 6.18 | 6.97 | 3.98 | 8.96 | 9.96 | 9.96 | 10.00 | 10.00 | ||||||||||
Payout ratio | 0.08 | 0.08 | 0.14 | 0.27 | 0.06 | 0.14 | 0.09 | 0.10 | 0.12 | 0.17 |
Company Updates
Annual report
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PDFInvestor Presentation
Peers & Comparison
MaterialsCement
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Grasim Industries Ltd | 30.04 | 1.22 | 0.39% |
UltraTech Cement Ltd | 47.50 | 5.52 | 0.61% |
Ambuja Cements Ltd | 34.60 | 2.43 | 0.36% |
Shree Cement Ltd | 42.51 | 4.91 | 0.37% |
Price Comparison
Compare GRASIM with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
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) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
The rupee value of the stock held by the fund divided by the stock’s market cap 0.3674% | Percentage of the fund’s portfolio invested in the stock 5.90% | Change in the portfolio weight of the stock over the last 3 months 0.18% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 5/47 (+1) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.2614% | Percentage of the fund’s portfolio invested in the stock 0.77% | Change in the portfolio weight of the stock over the last 3 months -0.22% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 11/225 (-2) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.2467% | Percentage of the fund’s portfolio invested in the stock 2.32% | Change in the portfolio weight of the stock over the last 3 months -0.01% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 12/63 (0) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividend Cuts
GRASIM has increased or maintained dividend levels over the last 5 years
Dividend Yield
Current dividend yield is 0.39%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹3.90 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateAug 6, 2024
Dividend/Share
₹10.00
Ex DateEx Date
Aug 6, 2024
Cash Dividend
Ex DateEx DateAug 11, 2023
Dividend/Share
₹10.00
Ex DateEx Date
Aug 11, 2023
Cash Dividend
Ex DateEx DateAug 11, 2022
Dividend/Share
₹5.00
Ex DateEx Date
Aug 11, 2022
Cash Dividend
Ex DateEx DateAug 11, 2022
Dividend/Share
₹5.00
Ex DateEx Date
Aug 11, 2022
Cash Dividend
Ex DateEx DateAug 12, 2021
Dividend/Share
₹4.00
Ex DateEx Date
Aug 12, 2021
The headline equity benchmarks traded with substantial losses in mid-morning trade as investors remained cautious following Trump's decision to impose a 25% tariff on steel and aluminum imports, with the possibility of additional trade measures. The market sentiment was further subdued by continued selling from foreign institutional investors (FIIs). The Nifty traded below the 23,300 level. Media shares witnessed selling pressure for the fourth consecutive trading session. At 11:30 IST, the barometer index, the S&P BSE Sensex, slipped 312.25 points or 0.41% to 76,990.39. The Nifty 50 index lost 113.95 points or 0.49% to 23,267.65. The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index fell 2.32%, and the S&P BSE Small-Cap index dropped 2.84%. The market breadth was weak. On the BSE, 637 shares rose and 3,114 shares fell. A total of 128 shares were unchanged. IPO Update: The initial public offer (IPO) of Ajax Engineering received bids for 49,04,382 shares as against 1,41,49,997 shares on offer, according to stock exchange data at 11:15 IST on 11 February 2024. The issue was subscribed to 0.35 times. The issue opened for bidding on 10 February 2024 and it will close on 12 February 2024. The price band of the IPO is fixed between Rs 599 and Rs 629 per share. An investor can bid for a minimum of 23 equity shares and in multiples thereof. Buzzing Index: The Nifty Media index fell 1.74% to 1,555.50. The index dropped 5.77% in four consecutive trading sessions. Saregama India (down 4.96%), Den Networks (down 3.49%), Dish TV India (down 3.14%), Zee Entertainment Enterprises (down 2.44%), Tips Music (down 2.01%), Network 18 Media & Investments (down 1.92%), Hathway Cable & Datacom (down 1.89%), Nazara Technologies (down 0.72%) and PVR Inox (down 0.66%) declined. Stocks in Spotlight: Grasim Industries rose 1.55% after the company's consolidated net profit zoomed 130.56% to Rs 898.96 crore on 3.66% rise in revenue from operations to Rs 34,792.85 in Q3 FY25 over Q2 FY25. Ashoka Buildcon declined 1.52%. The company's consolidated net profit surged 502% to Rs 661.5 crore in Q3 FY25 as against Rs 109.8 crore posted in Q3 FY24. Revenue from operations declined 10% to Rs 2,387.9 crore in Q3 FY25 over Q3 FY24. Global Markets: US Dow Jones index futures were down 62 points, suggesting a negative opening for US equities. Most Asian stocks traded lower on Tuesday as investors remained cautious over Donald Trump's latest tariff decisions. The U.S. President signed off on 25% tariffs on steel and aluminum imports, warning that more trade measures could follow. On Monday, Trump formalized the tariffs through executive orders, stating that there would be no exceptions. While major steel exporters like Canada, Mexico, and Brazil had previously enjoyed some quota-based exemptions, those privileges are now revoked. Trump hinted that tariffs on metals could go even higher and suggested he was considering duties on cars, semiconductors, and pharmaceuticals. He also proposed raising U.S. import tariffs to match the rates imposed by foreign countries on American goods. In the U.S., the S&P 500 closed higher on Monday as a tech-driven rally, led by Nvidia, offset worries about Trump's tariff threats. Investors also looked ahead to key economic data and Federal Reserve Chairman Jerome Powell's testimony later in the week. The Dow Jones Industrial Average rose 0.4%, the S&P 500 index gained 0.7%, and the NASDAQ Composite climbed 1%. Nvidia jumped 3%, leading the tech sector higher after analysts described the stock as a buying opportunity following its recent dip. The optimism comes ahead of the company's quarterly earnings report, set for release on February 26. Fed Chair Jerome Powell is expected to face tough questions on the potential economic impact of tariffs when he delivers his semiannual monetary policy testimony before Congress on Tuesday and Wednesday. Meanwhile, investors are closely watching U.S. consumer inflation data for January, scheduled for release on Wednesday. The report could influence the Fed's stance on interest rates and shape market expectations in the coming weeks. Powered by Capital Market - Live
Net profit of Grasim Industries declined 40.64% to Rs 898.97 crore in the quarter ended December 2024 as against Rs 1514.44 crore during the previous quarter ended December 2023. Sales rose 8.85% to Rs 34792.85 crore in the quarter ended December 2024 as against Rs 31965.48 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales34792.8531965.48 9 OPM %19.5321.56 - PBDT3980.024716.17 -16 PBT2448.443471.74 -29 NP898.971514.44 -41 Powered by Capital Market - Live
Grasim Industries will hold a meeting of the Board of Directors of the Company on 10 February 2025.Powered by Capital Market - Live
According to the company's exchange filing, the affected workers received immediate medical treatment at a local hospital and are expected to recover fully. In response to the incident, all emergency protocol measures were initiated. The company has suspended operations at the plant pending an internal investigation. Operations are expected to resume once cleared by the relevant regulatory authorities. Grasim Industries stated that it does not anticipate any material impact on the financials of the company due to the said incident. 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 has recently entered the paints business and is setting up six plants across pan-India locations. The company's consolidated net profit to Rs 389.90 crore in Q2 FY25 as compared with Rs 1,163.75 crore posted in Q2 FY24. Revenue from operations increased 11.06% YoY to Rs 33,562.85 crore in second quarter of FY25. Powered by Capital Market - Live
Grasim Industries has repaid commercial paper aggregating Rs 500 crore on 10 January 2025 (maturity date). Powered by Capital Market - Live
Grasim Industries has allotted 2,00,000 7.21% Fully Paid, Unsecured, Listed, Rated, Redeemable, Rupee Denominated, Non-Convertible Debentures of face value of Rs 1,00,000/- each (7.21% GIL 2034, Series I) aggregating to Rs 2,000 crore, on private placement basis. Powered by Capital Market - Live
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 company's consolidated net profit to Rs 389.90 crore in Q2 FY25 as compared with Rs 1,163.75 crore posted in Q2 FY24. Revenue from operations increased 11.06% YoY to Rs 33,562.85 crore in second quarter of FY25, driven by the superior performance of financial services, cellulosic staple fibre and specialty chemicals businesses. The counter declined 0.58% to Rs 2,655 on the BSE. Powered by Capital Market - Live
Grasim Industries has repaid commercial paper aggregating Rs 500 crore on 10 December 2024. Powered by Capital Market - Live
Grasim Industries has repaid commercial paper aggregating to Rs 400 crore on 03 December 2024. Powered by Capital Market - Live
Birla Opus Paints, a division of Grasim Industries, unveiled its fourth plant at Chamarajnagar, Mysore. The Chamarajnagar plant, with a capacity of 230 MLPA, will produce Water based paints, Enamel paints and Wood Finish Paints. The Water based paints will use inhouse manufactured advanced Emulsions as key raw material through unique polymer synthesis process helping company offer innovative paint features like multi stain resistance, outstanding dirt resistance, crack bridge-ability and high scrub resistance leaving no furniture marks when consumer paints with Birla Opus luxury products. The Solvent based paints will use inhouse resins with exquisite designer molecules for high corrosion resistance, better durability, faster drying and superior gloss. The plant is fully sustainable with zero liquid discharge and equipped with 4th generation manufacturing technology to manage supply chain at lightning speed, with zero defects and end to end product traceability - a first of its kind feature. Birla Opus Paints had previously outlined plans to establish six strategically located manufacturing plants with a total capacity of 1,332 MLPA, at an upfront investment of Rs.10,000 crore. The paints business has already incurred a total capex of Rs. 8,470 crore (85% of the total project costs). Currently, four plants are operational, contributing 866 MLPA. Of the remaining two, the Mahad plant near Pune has entered trial production, while the Kharagpur plant near Kolkata is progressing as planned. Powered by Capital Market - Live
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 11.13%, vs industry avg of 9.5%
Increasing Market Share
Over the last 5 years, market share increased from 33.02% to 33.51%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 27.14%, vs industry avg of 15.49%