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Grasim Industries Ltd

GRASIM

Grasim Industries Ltd

GRASIM
MaterialsCement
LargecapWith a market cap of ₹1,78,120 cr, stock is ranked 51
Low RiskStock is 1.71x as volatile as Nifty
2,692.701.23% (+32.65)
2,692.701.23% (+32.65)

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MaterialsCement
LargecapWith a market cap of ₹1,78,120 cr, stock is ranked 51
Low RiskStock is 1.71x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

Avg

Average profitability - not good, not bad

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

MaterialsCement
LargecapWith a market cap of ₹1,78,120 cr, stock is ranked 51
Low RiskStock is 1.71x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
39.741.280.37%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
31.173.551.31%

Forecast & Ratings

Detailed Forecast 
78%
Analysts have suggested that investors can buy this stock

from 9 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.

Investor Presentation

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Nov 14, 2024

PDF
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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 9.5%

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 33.09% to 33.58%

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 15.53%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue35,342.0937,145.5757,024.0278,057.0076,734.4677,876.4597,418.541,21,448.091,32,331.261,38,739.71
Raw Materialssubtract9,034.059,313.2612,695.6016,768.1314,444.3711,905.1918,294.1623,446.6125,586.851,10,262.52
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/Amortizationsubtract1,833.791,807.592,724.363,571.384,004.234,033.404,161.074,551.595,001.325,437.18
Interest & Other Itemssubtract718.09702.403,663.176,060.036,890.315,723.484,776.006,043.739,277.4310,696.00
Taxes & Other Itemssubtract2,211.202,785.012,956.163,470.472,142.525,704.075,592.827,899.458,075.327,861.92
EPS43.4455.3043.4525.6566.8165.17114.25103.2985.2568.07
DPS3.674.486.186.973.988.969.969.9610.0010.00
Payout ratio0.080.080.140.270.060.140.090.100.120.15

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
Feb 14PDF
FY 2023

Annual report

PDF

Investor Presentation

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

Annual report

PDF

Investor Presentation

Aug 10PDF
FY 2025

Annual Report Pending

Investor Presentation

Nov 14PDF
 

Peers & Comparison

Comparing 3 stocks from 
MaterialsCement

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Grasim Industries Ltd31.671.280.37%
UltraTech Cement Ltd48.335.620.60%
Ambuja Cements Ltd39.492.780.31%
Shree Cement Ltd40.844.720.39%

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 Holding43.11%7.02%10.73%15.83%23.31%

Feb 2024

Mar 2024

Jun 2024

Sep 2024

Shareholding History

SepDec '23FebMarJunSep16.09%16.43%16.22%16.49%16.70%15.83%

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
0.3472%5.73%0.31%7/42 (+1)
Kotak Equity Arbitrage Fund - Growth - Direct Plan

Growth
0.3053%0.99%0.24%16/228 (+12)
SBI Large & Midcap Fund - Growth - Direct Plan

Growth
0.2941%1.79%-0.14%49/85 (-2)

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 0.37%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹3.70 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
Spotlight
Grasim Inds board OKs Rs 2,000-cr NCD issue

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

1 day agoCapital Market - Live
Corporate
Grasim Industries repays CPs of Rs 500 cr

Grasim Industries has repaid commercial paper aggregating Rs 500 crore on 10 December 2024. Powered by Capital Market - Live

3 days agoCapital Market - Live
Corporate
Grasim Industries repays commercial paper of Rs 400 cr

Grasim Industries has repaid commercial paper aggregating to Rs 400 crore on 03 December 2024. Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Birla Opus Paints unveils its 4th plant at Chamarajnagar, Mysore

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

3 weeks agoCapital Market - Live
Spotlight
Grasim Inds PAT slumps 67% YoY to Rs 390 crore in Q2

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. Profit before exceptional items and tax stood at Rs 2,051.08 crore in September 2024 quarter, up 28.33% YoY. Exceptional loss stood at Rs 83.45 crore during the quarter. Consolidated EBITDA was lower by 10% YoY at Rs 4,042 crore in the quarter ended 30 September 2024, as a result of lower profitability in the cement business and initial investments in the paints business under brand 'Birla Opus'. Revenue from Cellulosic Staple Fibre (CSF) business for the quarter was at Rs 4,125 crore, up 6.07% YoY. Sales volume stood at 219 KT, up 4.29% YoY. Cellulosic Fashion Yarn (CFY) volume improved marginally by 1% YoY to 11.1 KT, however realisation remained impacted due to low priced imports from China. Revenue from Chemicals business rose 3.32% YoY to Rs 2,054 crore in Q2 FY25. Caustic soda sales volume was down by 4% YoY, due to lower production on account of maintenance shutdown of the captive power plant at Vilayat. The building materials business reported revenue of Rs 16,683 crore, up 3% YoY, driven by paints and B2B E-Commerce businesses. EBITDA stood at Rs 1,886 crore, mainly due to lower realisations in cement business and initial investments in building a consumer facing brand 'Birla Opus' in the Indian decorative paints market. Consolidated sales volumes of cement business (UltraTech) grew by 4% YoY to 27.84 MT and ready-mix concrete sales volumes grew by 19% YoY to 3.01 million. The total capex for the business was at 8,470 crore till September 2024, around 85% 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 10,252 crore and Rs 1,280 crore, registering growth of 33% and 25%, respectively. The overall lending portfolio (NBFC and HFC) increased by 27% YoY to Rs 1,37,946 crore. On the outlook front, the firm stated, 'Grasim Industries with its significant presence across businesses is well positioned to capitalise on the opportunities in diverse sectors of the fast-growing Indian economy. The Government's continued focus on infrastructure & housing, manufacturing, financialisation and thrust on increasing economic prosperity of the large section of people augurs well for the company.' 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 0.79% to Rs 2,528.55 on Thursday, 14 November 2024. The stock market is closed today on account of Guru Nanak Jayanti. Powered by Capital Market - Live

4 weeks agoCapital Market - Live
Earnings
Grasim Industries consolidated net profit declines 66.50% in the September 2024 quarter

Net profit of Grasim Industries declined 66.50% to Rs 389.90 crore in the quarter ended September 2024 as against Rs 1163.75 crore during the previous quarter ended September 2023. Sales rose 11.06% to Rs 33562.85 crore in the quarter ended September 2024 as against Rs 30220.68 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales33562.8530220.68 11 OPM %17.9320.01 - PBDT3546.884106.87 -14 PBT2051.082861.72 -28 NP389.901163.75 -66 Powered by Capital Market - Live

4 weeks agoCapital Market - Live
Corporate
Grasim Industries allots 30,440 equity shares under ESOS

Grasim Industries has allotted 30,440 equity shares under ESOS on 22 October 2024. Consequently, the paid up equity share capital has increased to 68,05,46,457 equity shares. Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Grasim Industries repays commercial paper of Rs 500 crore

Grasim Industries has repaid commercial paper of Rs 500 crore on 11 October 2024. Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Grasim Industries to table results

Grasim Industries will hold a meeting of the Board of Directors of the Company on 14 November 2024.Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Aditya Birla Renewables allots NCDs aggregating Rs 2,500 cr

Grasim Industries announced that its wholly owned subsidiary, Aditya Birla Renewables has allotted 2,50,000 Unsecured, Listed, Rated, Redeemable Non-Convertible Debentures bearing a face value of Rs. 1 lakh each for an aggregate amount of Rs. 2,500 crore on private placement basis on 24 September 2024. Powered by Capital Market - Live

2 months agoCapital Market - Live