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Last Updated: January 31, 2026, 8:46 pm
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 500300 | NSE: GRASIM

Grasim Industries Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: January 31, 2026, 8:46 pm

Market Cap 1,91,839 Cr.
Current Price 2,819
Intrinsic Value₹1,838.86
High / Low 2,979/2,301
Stock P/E44.3
Book Value 1,464
Dividend Yield0.35 %
ROCE7.50 %
ROE3.95 %
Face Value 2.00
PEG Ratio-4.18

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Grasim Industries Ltd

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Bheema Cements Ltd 52.7 Cr. 16.2 19.5/16.2 0.600.00 %13.1 %108 % 10.0
UltraTech Cement Ltd 3,74,066 Cr. 12,694 13,102/10,04848.2 2,4440.61 %10.9 %9.29 % 10.0
The Ramco Cements Ltd 26,488 Cr. 1,121 1,209/788137 3220.18 %4.83 %1.56 % 1.00
The India Cements Ltd 14,184 Cr. 458 490/239 3250.00 %5.49 %8.83 % 10.0
Star Cement Ltd 8,891 Cr. 220 309/19729.4 74.40.45 %8.39 %6.05 % 1.00
Industry Average36,921.52 Cr1,942.7037.20573.470.57%8.79%85.81%7.13

All Competitor Stocks of Grasim Industries Ltd

Quarterly Result

MetricSep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Sales 27,48628,63833,46231,06530,22131,96537,72734,61034,22335,37844,26740,11839,900
Expenses 22,89423,77527,33224,70824,17325,07329,83527,92728,19728,57535,51731,29632,228
Operating Profit 4,5914,8636,1316,3576,0486,8937,8926,6826,0266,8048,7508,8227,671
OPM % 17%17%18%20%20%22%21%19%18%19%20%22%19%
Other Income 2542,972308296285256-48247403382485372406
Interest 1,3731,6081,8162,0322,2262,4332,5862,7953,0273,2703,4073,5513,669
Depreciation 1,1161,1391,2071,1831,2451,2441,3291,4431,5721,6081,8311,8101,899
Profit before tax 2,3565,0873,4153,4382,8623,4723,9282,6911,8302,3083,9963,8342,510
Tax % 36%12%31%25%29%25%31%23%46%25%26%28%40%
Net Profit 1,5094,4552,3562,5762,0242,6032,7222,0669831,7342,9732,7671,498
EPS in Rs 14.8336.9720.1223.1717.1022.2520.8016.334.7812.4521.9820.858.13

Last Updated: January 1, 2026, 2:16 pm

Below is a detailed analysis of the quarterly data for Grasim Industries Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:

  • For Sales, as of Sep 2025, the value is 39,900.00 Cr.. The value appears to be declining and may need further review. It has decreased from 40,118.00 Cr. (Jun 2025) to 39,900.00 Cr., marking a decrease of 218.00 Cr..
  • For Expenses, as of Sep 2025, the value is 32,228.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 31,296.00 Cr. (Jun 2025) to 32,228.00 Cr., marking an increase of 932.00 Cr..
  • For Operating Profit, as of Sep 2025, the value is 7,671.00 Cr.. The value appears to be declining and may need further review. It has decreased from 8,822.00 Cr. (Jun 2025) to 7,671.00 Cr., marking a decrease of 1,151.00 Cr..
  • For OPM %, as of Sep 2025, the value is 19.00%. The value appears to be declining and may need further review. It has decreased from 22.00% (Jun 2025) to 19.00%, marking a decrease of 3.00%.
  • For Other Income, as of Sep 2025, the value is 406.00 Cr.. The value appears strong and on an upward trend. It has increased from 372.00 Cr. (Jun 2025) to 406.00 Cr., marking an increase of 34.00 Cr..
  • For Interest, as of Sep 2025, the value is 3,669.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3,551.00 Cr. (Jun 2025) to 3,669.00 Cr., marking an increase of 118.00 Cr..
  • For Depreciation, as of Sep 2025, the value is 1,899.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,810.00 Cr. (Jun 2025) to 1,899.00 Cr., marking an increase of 89.00 Cr..
  • For Profit before tax, as of Sep 2025, the value is 2,510.00 Cr.. The value appears to be declining and may need further review. It has decreased from 3,834.00 Cr. (Jun 2025) to 2,510.00 Cr., marking a decrease of 1,324.00 Cr..
  • For Tax %, as of Sep 2025, the value is 40.00%. The value appears to be increasing, which may not be favorable. It has increased from 28.00% (Jun 2025) to 40.00%, marking an increase of 12.00%.
  • For Net Profit, as of Sep 2025, the value is 1,498.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2,767.00 Cr. (Jun 2025) to 1,498.00 Cr., marking a decrease of 1,269.00 Cr..
  • For EPS in Rs, as of Sep 2025, the value is 8.13. The value appears to be declining and may need further review. It has decreased from 20.85 (Jun 2025) to 8.13, marking a decrease of 12.72.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: December 15, 2025, 5:18 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 28,33131,73434,48736,06855,89477,20068,25276,40495,701117,627130,978148,478159,663
Expenses 23,41626,59028,57628,68244,28160,56057,88057,76975,27096,038103,783120,216127,616
Operating Profit 4,9155,1445,9117,38711,61216,64010,37318,63520,43121,58927,19528,26232,048
OPM % 17%16%17%20%21%22%15%24%21%18%21%19%20%
Other Income 5765301,3201,076410-1,8467,0761,1301,6483,7337831,5171,646
Interest 4476677187023,6636,0606,8905,7234,7766,0449,27712,50013,897
Depreciation 1,4571,5631,8341,8082,7243,5714,0044,0334,1614,5525,0016,4547,148
Profit before tax 3,5863,4434,6795,9525,6355,1636,55410,00913,14314,72713,70010,82512,648
Tax % 20%30%26%29%35%47%-1%30%15%25%28%28%
Net Profit 2,9542,5823,4554,2463,6882,7456,6396,98711,20611,0789,9267,7568,973
EPS in Rs 43.6636.7551.1565.6439.4324.9164.9063.30110.96100.3385.4254.4663.41
Dividend Payout % 9%9%9%8%15%27%6%14%9%10%12%18%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)-12.59%33.81%22.89%-13.14%-25.57%141.86%5.24%60.38%-1.14%-10.40%-21.86%
Change in YoY Net Profit Growth (%)0.00%46.40%-10.92%-36.04%-12.43%167.43%-136.62%55.14%-61.53%-9.26%-11.46%

Grasim Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:17%
5 Years:17%
3 Years:16%
TTM:14%
Compounded Profit Growth
10 Years:9%
5 Years:-6%
3 Years:-21%
TTM:-22%
Stock Price CAGR
10 Years:18%
5 Years:32%
3 Years:18%
1 Year:2%
Return on Equity
10 Years:7%
5 Years:7%
3 Years:6%
Last Year:4%

Last Updated: September 5, 2025, 5:15 am

Balance Sheet

Last Updated: December 4, 2025, 1:18 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 92929393131132132132132132133136136
Reserves 21,52323,04827,33631,29457,23057,88856,50165,36275,56778,61088,52097,37399,482
Borrowings 9,68111,93012,5059,21367,07084,48784,77779,07874,744103,039137,155186,326205,403
Other Liabilities 16,44118,96319,64222,14783,46798,620102,772122,777138,706155,042186,309216,206225,081
Total Liabilities 47,73654,03359,57662,747207,899241,127244,181267,349289,149336,823412,116500,040530,102
Fixed Assets 25,20931,82834,27134,78669,25787,12987,73685,02388,99694,896100,494141,148145,019
CWIP 4,0452,7551,7881,2972,2902,7663,9045,7696,6157,77818,35814,76514,333
Investments 7,6117,25510,60114,20065,99562,74766,33788,01796,766105,355129,306140,496107,901
Other Assets 10,87212,19412,91612,46470,35688,48486,20488,54096,771128,793163,959203,632262,848
Total Assets 47,73654,03359,57662,747207,899241,127244,181267,349289,149336,823412,116500,040530,102

Below is a detailed analysis of the balance sheet data for Grasim Industries Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:

  • For Equity Capital, as of Sep 2025, the value is 136.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 136.00 Cr..
  • For Reserves, as of Sep 2025, the value is 99,482.00 Cr.. The value appears strong and on an upward trend. It has increased from 97,373.00 Cr. (Mar 2025) to 99,482.00 Cr., marking an increase of 2,109.00 Cr..
  • For Borrowings, as of Sep 2025, the value is 205,403.00 Cr.. The value appears to be increasing, which may not be favorable. However, Borrowings exceed Reserves, which may signal higher financial risk. It has increased from 186,326.00 Cr. (Mar 2025) to 205,403.00 Cr., marking an increase of 19,077.00 Cr..
  • For Other Liabilities, as of Sep 2025, the value is 225,081.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 216,206.00 Cr. (Mar 2025) to 225,081.00 Cr., marking an increase of 8,875.00 Cr..
  • For Total Liabilities, as of Sep 2025, the value is 530,102.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 500,040.00 Cr. (Mar 2025) to 530,102.00 Cr., marking an increase of 30,062.00 Cr..
  • For Fixed Assets, as of Sep 2025, the value is 145,019.00 Cr.. The value appears strong and on an upward trend. It has increased from 141,148.00 Cr. (Mar 2025) to 145,019.00 Cr., marking an increase of 3,871.00 Cr..
  • For CWIP, as of Sep 2025, the value is 14,333.00 Cr.. The value appears to be declining and may need further review. It has decreased from 14,765.00 Cr. (Mar 2025) to 14,333.00 Cr., marking a decrease of 432.00 Cr..
  • For Investments, as of Sep 2025, the value is 107,901.00 Cr.. The value appears to be declining and may need further review. It has decreased from 140,496.00 Cr. (Mar 2025) to 107,901.00 Cr., marking a decrease of 32,595.00 Cr..
  • For Other Assets, as of Sep 2025, the value is 262,848.00 Cr.. The value appears strong and on an upward trend. It has increased from 203,632.00 Cr. (Mar 2025) to 262,848.00 Cr., marking an increase of 59,216.00 Cr..
  • For Total Assets, as of Sep 2025, the value is 530,102.00 Cr.. The value appears strong and on an upward trend. It has increased from 500,040.00 Cr. (Mar 2025) to 530,102.00 Cr., marking an increase of 30,062.00 Cr..

However, the Borrowings (205,403.00 Cr.) are higher than the Reserves (99,482.00 Cr.), which may signal higher financial risk.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +3,5494,5945,8687,288-4,140-1,65916,62015,0757,038-12,685-10,719-17,170
Cash from Investing Activity +-2,336-2,359-4,515-3,5091,546-2,212-11,364-7,146-1,053-13,712-23,114-23,313
Cash from Financing Activity +-1,046-2,278-1,365-3,7993,4494,158-3,418-8,003-6,73326,46933,90842,978
Net Cash Flow168-42-11-208562871,838-75-74872752,495

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-5.00-6.00-7.00-2.00-56.00-68.00-74.00-61.00-54.00-82.00-110.00-158.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days323032303432312121181923
Inventory Days209207168163170154179179200180194179
Days Payable16010297117146133172229239216221177
Cash Conversion Cycle8213610376585338-29-18-17-725
Working Capital Days1-44-56-19-95-47-84-103-88-75-91-105
ROCE %10%9%11%13%10%8%8%9%9%10%9%8%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters42.75%42.75%42.75%42.75%42.75%43.05%43.05%43.11%43.11%43.11%43.11%43.11%
FIIs12.58%12.45%12.29%12.17%12.52%12.70%13.69%13.78%13.50%13.45%13.79%14.37%
DIIs16.48%16.82%16.82%16.90%16.70%16.69%16.66%17.75%17.90%18.24%17.91%17.27%
Public27.88%27.69%27.82%27.80%27.69%27.24%26.29%25.04%25.17%24.87%24.87%24.92%
Others0.31%0.30%0.30%0.35%0.33%0.31%0.30%0.31%0.31%0.30%0.30%0.31%
No. of Shareholders2,47,0652,47,2652,43,2652,39,7802,34,4462,52,3172,53,6712,65,2022,58,9552,55,1692,47,6282,44,718

Shareholding Pattern Chart

No. of Shareholders

Grasim Industries Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Franklin India Flexi Cap Fund 1,649,761 2.34 466.721,592,1082025-12-07 06:48:423.62%
Quant ELSS Tax Saver Fund 1,498,059 3.42 423.8683,0002025-12-07 06:48:42119.34%
SBI Contra Fund 1,115,585 0.63 315.61,000,0002025-12-07 06:48:4211.56%
Aditya Birla Sun Life Flexi Cap Fund 1,079,587 1.22 305.42N/AN/AN/A
ICICI Prudential Multi Asset Fund 1,042,750 0.38 294.99993,5382025-12-07 06:48:424.95%
Nippon India Focused Fund 998,096 3.21 282.36N/AN/AN/A
Franklin India ELSS Tax Saver Fund 685,013 2.9 193.79658,1982025-12-07 00:16:104.07%
ICICI Prudential Multicap Fund 640,713 1.11 181.26N/AN/AN/A
Nippon India Large Cap Fund 602,666 0.34 170.49N/AN/AN/A
ICICI Prudential Balanced Advantage Fund 590,177 0.24 166.96606,2322026-01-26 05:12:36-2.65%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 2.002.002.002.002.00
Basic EPS (Rs.) 55.5785.29103.98114.9865.57
Diluted EPS (Rs.) 55.5085.29103.88114.9865.50
Cash EPS (Rs.) 204.44223.47234.22227.66164.59
Book Value[Excl.RevalReserv]/Share (Rs.) 1432.801335.131866.801764.721558.52
Book Value[Incl.RevalReserv]/Share (Rs.) 1432.801335.131866.801764.721558.52
Revenue From Operations / Share (Rs.) 2181.731972.571786.561453.761160.97
PBDIT / Share (Rs.) 436.72428.60382.76322.84299.08
PBIT / Share (Rs.) 341.89353.28313.63259.63237.78
PBT / Share (Rs.) 154.70204.99220.50186.03145.62
Net Profit / Share (Rs.) 109.61148.15165.09164.45103.30
NP After MI And SOA / Share (Rs.) 54.4584.71103.69114.6965.42
PBDIT Margin (%) 20.0121.7221.4222.2025.76
PBIT Margin (%) 15.6717.9017.5517.8520.48
PBT Margin (%) 7.0910.3912.3412.7912.54
Net Profit Margin (%) 5.027.519.2411.318.89
NP After MI And SOA Margin (%) 2.494.295.807.885.63
Return on Networth / Equity (%) 3.806.348.679.976.57
Return on Capital Employeed (%) 5.867.327.717.387.27
Return On Assets (%) 0.741.362.022.601.61
Long Term Debt / Equity (X) 1.270.970.840.610.80
Total Debt / Equity (X) 1.881.521.290.960.95
Asset Turnover Ratio (%) 0.320.340.150.120.08
Current Ratio (X) 0.890.931.361.431.60
Quick Ratio (X) 0.740.781.201.271.48
Inventory Turnover Ratio (X) 10.1810.602.492.611.62
Dividend Payout Ratio (NP) (%) 18.0211.689.637.846.10
Dividend Payout Ratio (CP) (%) 6.576.185.775.053.14
Earning Retention Ratio (%) 81.9888.3290.3792.1693.90
Cash Earning Retention Ratio (%) 93.4393.8294.2394.9596.86
Interest Coverage Ratio (X) 2.383.074.174.453.44
Interest Coverage Ratio (Post Tax) (X) 1.622.122.813.172.21
Enterprise Value (Cr.) 413908.61332695.83249289.17219817.67190182.63
EV / Net Operating Revenue (X) 2.792.542.122.302.49
EV / EBITDA (X) 13.9311.699.8910.349.66
MarketCap / Net Operating Revenue (X) 1.201.160.911.151.25
Retention Ratios (%) 81.9788.3190.3692.1593.89
Price / BV (X) 1.821.711.371.451.46
Price / Net Operating Revenue (X) 1.201.160.911.151.25
EarningsYield 0.020.030.060.060.04

After reviewing the key financial ratios for Grasim Industries Ltd, here is a detailed analysis based on the latest available data and recent trends:

  • For FaceValue, as of Mar 25, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 2.00.
  • For Basic EPS (Rs.), as of Mar 25, the value is 55.57. This value is within the healthy range. It has decreased from 85.29 (Mar 24) to 55.57, marking a decrease of 29.72.
  • For Diluted EPS (Rs.), as of Mar 25, the value is 55.50. This value is within the healthy range. It has decreased from 85.29 (Mar 24) to 55.50, marking a decrease of 29.79.
  • For Cash EPS (Rs.), as of Mar 25, the value is 204.44. This value is within the healthy range. It has decreased from 223.47 (Mar 24) to 204.44, marking a decrease of 19.03.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 1,432.80. It has increased from 1,335.13 (Mar 24) to 1,432.80, marking an increase of 97.67.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 1,432.80. It has increased from 1,335.13 (Mar 24) to 1,432.80, marking an increase of 97.67.
  • For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 2,181.73. It has increased from 1,972.57 (Mar 24) to 2,181.73, marking an increase of 209.16.
  • For PBDIT / Share (Rs.), as of Mar 25, the value is 436.72. This value is within the healthy range. It has increased from 428.60 (Mar 24) to 436.72, marking an increase of 8.12.
  • For PBIT / Share (Rs.), as of Mar 25, the value is 341.89. This value is within the healthy range. It has decreased from 353.28 (Mar 24) to 341.89, marking a decrease of 11.39.
  • For PBT / Share (Rs.), as of Mar 25, the value is 154.70. This value is within the healthy range. It has decreased from 204.99 (Mar 24) to 154.70, marking a decrease of 50.29.
  • For Net Profit / Share (Rs.), as of Mar 25, the value is 109.61. This value is within the healthy range. It has decreased from 148.15 (Mar 24) to 109.61, marking a decrease of 38.54.
  • For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 54.45. This value is within the healthy range. It has decreased from 84.71 (Mar 24) to 54.45, marking a decrease of 30.26.
  • For PBDIT Margin (%), as of Mar 25, the value is 20.01. This value is within the healthy range. It has decreased from 21.72 (Mar 24) to 20.01, marking a decrease of 1.71.
  • For PBIT Margin (%), as of Mar 25, the value is 15.67. This value is within the healthy range. It has decreased from 17.90 (Mar 24) to 15.67, marking a decrease of 2.23.
  • For PBT Margin (%), as of Mar 25, the value is 7.09. This value is below the healthy minimum of 10. It has decreased from 10.39 (Mar 24) to 7.09, marking a decrease of 3.30.
  • For Net Profit Margin (%), as of Mar 25, the value is 5.02. This value is within the healthy range. It has decreased from 7.51 (Mar 24) to 5.02, marking a decrease of 2.49.
  • For NP After MI And SOA Margin (%), as of Mar 25, the value is 2.49. This value is below the healthy minimum of 8. It has decreased from 4.29 (Mar 24) to 2.49, marking a decrease of 1.80.
  • For Return on Networth / Equity (%), as of Mar 25, the value is 3.80. This value is below the healthy minimum of 15. It has decreased from 6.34 (Mar 24) to 3.80, marking a decrease of 2.54.
  • For Return on Capital Employeed (%), as of Mar 25, the value is 5.86. This value is below the healthy minimum of 10. It has decreased from 7.32 (Mar 24) to 5.86, marking a decrease of 1.46.
  • For Return On Assets (%), as of Mar 25, the value is 0.74. This value is below the healthy minimum of 5. It has decreased from 1.36 (Mar 24) to 0.74, marking a decrease of 0.62.
  • For Long Term Debt / Equity (X), as of Mar 25, the value is 1.27. This value exceeds the healthy maximum of 1. It has increased from 0.97 (Mar 24) to 1.27, marking an increase of 0.30.
  • For Total Debt / Equity (X), as of Mar 25, the value is 1.88. This value exceeds the healthy maximum of 1. It has increased from 1.52 (Mar 24) to 1.88, marking an increase of 0.36.
  • For Asset Turnover Ratio (%), as of Mar 25, the value is 0.32. It has decreased from 0.34 (Mar 24) to 0.32, marking a decrease of 0.02.
  • For Current Ratio (X), as of Mar 25, the value is 0.89. This value is below the healthy minimum of 1.5. It has decreased from 0.93 (Mar 24) to 0.89, marking a decrease of 0.04.
  • For Quick Ratio (X), as of Mar 25, the value is 0.74. This value is below the healthy minimum of 1. It has decreased from 0.78 (Mar 24) to 0.74, marking a decrease of 0.04.
  • For Inventory Turnover Ratio (X), as of Mar 25, the value is 10.18. This value exceeds the healthy maximum of 8. It has decreased from 10.60 (Mar 24) to 10.18, marking a decrease of 0.42.
  • For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 18.02. This value is below the healthy minimum of 20. It has increased from 11.68 (Mar 24) to 18.02, marking an increase of 6.34.
  • For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 6.57. This value is below the healthy minimum of 20. It has increased from 6.18 (Mar 24) to 6.57, marking an increase of 0.39.
  • For Earning Retention Ratio (%), as of Mar 25, the value is 81.98. This value exceeds the healthy maximum of 70. It has decreased from 88.32 (Mar 24) to 81.98, marking a decrease of 6.34.
  • For Cash Earning Retention Ratio (%), as of Mar 25, the value is 93.43. This value exceeds the healthy maximum of 70. It has decreased from 93.82 (Mar 24) to 93.43, marking a decrease of 0.39.
  • For Interest Coverage Ratio (X), as of Mar 25, the value is 2.38. This value is below the healthy minimum of 3. It has decreased from 3.07 (Mar 24) to 2.38, marking a decrease of 0.69.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 1.62. This value is below the healthy minimum of 3. It has decreased from 2.12 (Mar 24) to 1.62, marking a decrease of 0.50.
  • For Enterprise Value (Cr.), as of Mar 25, the value is 413,908.61. It has increased from 332,695.83 (Mar 24) to 413,908.61, marking an increase of 81,212.78.
  • For EV / Net Operating Revenue (X), as of Mar 25, the value is 2.79. This value is within the healthy range. It has increased from 2.54 (Mar 24) to 2.79, marking an increase of 0.25.
  • For EV / EBITDA (X), as of Mar 25, the value is 13.93. This value is within the healthy range. It has increased from 11.69 (Mar 24) to 13.93, marking an increase of 2.24.
  • For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.20. This value is within the healthy range. It has increased from 1.16 (Mar 24) to 1.20, marking an increase of 0.04.
  • For Retention Ratios (%), as of Mar 25, the value is 81.97. This value exceeds the healthy maximum of 70. It has decreased from 88.31 (Mar 24) to 81.97, marking a decrease of 6.34.
  • For Price / BV (X), as of Mar 25, the value is 1.82. This value is within the healthy range. It has increased from 1.71 (Mar 24) to 1.82, marking an increase of 0.11.
  • For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.20. This value is within the healthy range. It has increased from 1.16 (Mar 24) to 1.20, marking an increase of 0.04.
  • For EarningsYield, as of Mar 25, the value is 0.02. This value is below the healthy minimum of 5. It has decreased from 0.03 (Mar 24) to 0.02, marking a decrease of 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Grasim Industries Ltd as of February 1, 2026 is: ₹2,056.60

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of February 1, 2026, Grasim Industries Ltd is Overvalued by 27.05% compared to the current share price ₹2,819.00

Intrinsic Value of Grasim Industries Ltd as of February 1, 2026 is: ₹1,838.86

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of February 1, 2026, Grasim Industries Ltd is Overvalued by 34.77% compared to the current share price ₹2,819.00

Last 5 Year EPS CAGR: -10.59%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a low average Working Capital Days of -67.17, which is a positive sign.
  2. The company has shown consistent growth in sales (81.08 cr) and profit (7.92 cr) over the years.
  1. The stock has a low average ROCE of 9.50%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 41.67, which may not be favorable.
  3. The company has higher borrowings (81,954.46) compared to reserves (59,979.54), which may suggest financial risk.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Grasim Industries Ltd:
    1. Net Profit Margin: 5.02%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 5.86% (Industry Average ROCE: 8.79%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 3.8% (Industry Average ROE: 85.81%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 1.62
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 0.74
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 44.3 (Industry average Stock P/E: 37.2)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 1.88
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Grasim Industries Ltd. is a Public Limited Listed company incorporated on 25/08/1947 and has its registered office in the State of Madhya Pradesh, India. Company's Corporate Identification Number(CIN) is L17124MP1947PLC000410 and registration number is 000410. Currently Company is involved in the business activities of Manufacture of basic chemicals. Company's Total Operating Revenue is Rs. 31563.23 Cr. and Equity Capital is Rs. 136.11 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
CementP.O. Birlagram, Dist. Ujjain, Nagda Madhya Pradesh 456331Contact not found
Management
NamePosition Held
Mr. Kumar Mangalam BirlaChairman (Non - Executive) & Non Independent Direc
Mrs. Rajashree BirlaNon Exe.Non Ind.Director
Ms. Ananyashree BirlaNon Exe.Non Ind.Director
Mr. Sushil AgarwalNon Exe.Non Ind.Director
Ms. Anita RamachandranIndependent Director
Mr. N Mohan RajIndependent Director
Mrs. V ChandrasekaranIndependent Director
Mr. Adesh Kumar GuptaIndependent Director
Mr. Yazdi Piroj DandiwalaIndependent Director
Mr. Himanshu KapaniaExecutive & Managing Director
Mr. Ashvin Dhirajlal ParekhIndependent Director
Mr. Haigreve KhaitanIndependent Director
Mr. Mukkavilli JagannathNon Exe.Non Ind.Director

FAQ

What is the intrinsic value of Grasim Industries Ltd?

Grasim Industries Ltd's intrinsic value (as of 01 February 2026) is ₹1838.86 which is 34.77% lower the current market price of ₹2,819.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹1,91,839 Cr. market cap, FY2025-2026 high/low of ₹2,979/2,301, reserves of ₹99,482 Cr, and liabilities of ₹530,102 Cr.

What is the Market Cap of Grasim Industries Ltd?

The Market Cap of Grasim Industries Ltd is 1,91,839 Cr..

What is the current Stock Price of Grasim Industries Ltd as on 01 February 2026?

The current stock price of Grasim Industries Ltd as on 01 February 2026 is ₹2,819.

What is the High / Low of Grasim Industries Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Grasim Industries Ltd stocks is ₹2,979/2,301.

What is the Stock P/E of Grasim Industries Ltd?

The Stock P/E of Grasim Industries Ltd is 44.3.

What is the Book Value of Grasim Industries Ltd?

The Book Value of Grasim Industries Ltd is 1,464.

What is the Dividend Yield of Grasim Industries Ltd?

The Dividend Yield of Grasim Industries Ltd is 0.35 %.

What is the ROCE of Grasim Industries Ltd?

The ROCE of Grasim Industries Ltd is 7.50 %.

What is the ROE of Grasim Industries Ltd?

The ROE of Grasim Industries Ltd is 3.95 %.

What is the Face Value of Grasim Industries Ltd?

The Face Value of Grasim Industries Ltd is 2.00.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Grasim Industries Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE
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