Share Price and Basic Stock Data
Last Updated: November 22, 2025, 8:36 am
| PEG Ratio | -4.06 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Grasim Industries Ltd, a prominent player in the cement industry, reported a current market price of ₹2,745 and a market capitalization of ₹1,86,792 Cr. The company’s revenue from operations has shown a consistent upward trajectory, with sales increasing from ₹95,701 Cr in FY 2022 to ₹117,627 Cr in FY 2023, and further to ₹130,978 Cr in FY 2024. The trailing twelve months (TTM) revenue stood at ₹159,663 Cr, indicating robust growth. Quarterly sales figures also reflect this trend, with the most recent quarter (June 2025) recording sales of ₹40,118 Cr, a significant rise from ₹28,042 Cr in June 2022. This growth can be attributed to strong demand in the construction sector, alongside the company’s strategic initiatives to enhance production capacity. As Grasim continues to expand its market presence, it remains well-positioned to capitalize on the ongoing infrastructure development in India.
Profitability and Efficiency Metrics
Grasim’s profitability metrics exhibit a mixed performance. The operating profit margin (OPM) was reported at 22%, which is competitive within the sector. However, the net profit for FY 2025 declined to ₹7,756 Cr from ₹11,078 Cr in FY 2023, indicating challenges in maintaining profitability amidst rising expenses. The interest coverage ratio (ICR) stood at 2.38x, highlighting the company’s ability to cover interest expenses, albeit with a decline from previous years. The return on equity (ROE) was relatively low at 3.95%, suggesting that shareholder returns are under pressure. Additionally, the cash conversion cycle (CCC) was reported at 25 days, showcasing efficient working capital management. Overall, while Grasim maintains a solid OPM, the declining net profit and ROE raise concerns about operational efficiency and cost management strategies.
Balance Sheet Strength and Financial Ratios
Grasim Industries has a robust balance sheet with total borrowings reported at ₹205,403 Cr, which reflects a significant increase from ₹186,326 Cr in FY 2025. The company’s reserves stood at ₹99,482 Cr, providing a solid equity cushion. The total debt-to-equity ratio was noted at 1.88x, indicating high leverage, which could pose risks if market conditions worsen. The price-to-book value (P/BV) ratio was reported at 1.82x, slightly above the sector average, suggesting the stock may be fairly valued relative to its book value. The current ratio of 0.89x indicates a tight liquidity position, below the ideal threshold of 1, which could affect short-term financial stability. Overall, while Grasim’s balance sheet shows strength through its substantial reserves, high leverage and liquidity concerns merit close monitoring.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Grasim Industries indicates a diversified ownership structure. Promoters hold 43.11% of the company, reflecting strong insider confidence. Foreign institutional investors (FIIs) have increased their stake to 14.37%, while domestic institutional investors (DIIs) hold 17.27%. This trend suggests growing institutional interest and confidence in Grasim’s long-term prospects. Public shareholding stands at 24.92%, showing a moderate level of retail investor engagement. The number of shareholders has fluctuated, recently recorded at 2,44,718, indicating a stable investor base. However, the declining net profit and ROE may cause some investors to reassess their positions. The steady promoter holding coupled with increasing institutional stakes can be interpreted as a positive signal for potential investors looking for stability amidst market volatility.
Outlook, Risks, and Final Insight
Looking ahead, Grasim Industries faces both opportunities and challenges. The ongoing infrastructure projects in India present significant growth potential for the cement sector, supporting revenue expansion. However, rising raw material costs and interest rates pose risks to profitability. The company’s high leverage could exacerbate financial strain if market conditions deteriorate. Additionally, the declining ROE and net profit indicate potential operational inefficiencies that need addressing. In a scenario where Grasim successfully manages its costs and leverages its market position, it may enhance profitability and shareholder returns. Conversely, failure to navigate these challenges could result in continued pressure on margins and investor confidence. Hence, while the growth outlook remains positive, careful management of risks is crucial for sustaining long-term value creation.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Grasim Industries Ltd
| 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 | 24.0/16.2 | 0.60 | 0.00 % | 13.1 % | 108 % | 10.0 | |
| UltraTech Cement Ltd | 3,45,579 Cr. | 11,729 | 13,102/10,048 | 47.1 | 2,444 | 0.66 % | 10.9 % | 9.29 % | 10.0 |
| The Ramco Cements Ltd | 23,876 Cr. | 1,010 | 1,209/788 | 124 | 322 | 0.20 % | 4.83 % | 1.56 % | 1.00 |
| The India Cements Ltd | 12,509 Cr. | 404 | 430/239 | 325 | 0.00 % | 5.49 % | 8.83 % | 10.0 | |
| Star Cement Ltd | 9,082 Cr. | 224 | 309/172 | 30.0 | 74.4 | 0.45 % | 8.39 % | 6.05 % | 1.00 |
| Industry Average | 35,973.19 Cr | 1,908.15 | 37.58 | 573.56 | 0.53% | 8.79% | 85.81% | 7.13 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 28,042 | 27,486 | 28,638 | 33,462 | 31,065 | 30,221 | 31,965 | 37,727 | 34,610 | 33,563 | 35,378 | 44,267 | 40,118 |
| Expenses | 22,059 | 22,894 | 23,775 | 27,332 | 24,708 | 24,173 | 25,073 | 29,835 | 27,927 | 27,546 | 28,575 | 35,517 | 31,296 |
| Operating Profit | 5,983 | 4,591 | 4,863 | 6,131 | 6,357 | 6,048 | 6,893 | 7,892 | 6,682 | 6,017 | 6,804 | 8,750 | 8,822 |
| OPM % | 21% | 17% | 17% | 18% | 20% | 20% | 22% | 21% | 19% | 18% | 19% | 20% | 22% |
| Other Income | 221 | 254 | 2,972 | 308 | 296 | 285 | 256 | -48 | 247 | 398 | 382 | 485 | 372 |
| Interest | 1,246 | 1,373 | 1,608 | 1,816 | 2,032 | 2,226 | 2,433 | 2,586 | 2,795 | 2,951 | 3,270 | 3,407 | 3,551 |
| Depreciation | 1,089 | 1,116 | 1,139 | 1,207 | 1,183 | 1,245 | 1,244 | 1,329 | 1,443 | 1,496 | 1,608 | 1,831 | 1,810 |
| Profit before tax | 3,869 | 2,356 | 5,087 | 3,415 | 3,438 | 2,862 | 3,472 | 3,928 | 2,691 | 1,968 | 2,308 | 3,996 | 3,834 |
| Tax % | 29% | 36% | 12% | 31% | 25% | 29% | 25% | 31% | 23% | 44% | 25% | 26% | 28% |
| Net Profit | 2,759 | 1,509 | 4,455 | 2,356 | 2,576 | 2,024 | 2,603 | 2,722 | 2,066 | 1,100 | 1,734 | 2,973 | 2,767 |
| EPS in Rs | 28.42 | 14.83 | 36.97 | 20.12 | 23.17 | 17.10 | 22.25 | 20.80 | 16.33 | 5.92 | 12.45 | 21.98 | 20.85 |
Last Updated: August 20, 2025, 10:10 am
Below is a detailed analysis of the quarterly data for Grasim Industries Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 40,118.00 Cr.. The value appears to be declining and may need further review. It has decreased from 44,267.00 Cr. (Mar 2025) to 40,118.00 Cr., marking a decrease of 4,149.00 Cr..
- For Expenses, as of Jun 2025, the value is 31,296.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 35,517.00 Cr. (Mar 2025) to 31,296.00 Cr., marking a decrease of 4,221.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 8,822.00 Cr.. The value appears strong and on an upward trend. It has increased from 8,750.00 Cr. (Mar 2025) to 8,822.00 Cr., marking an increase of 72.00 Cr..
- For OPM %, as of Jun 2025, the value is 22.00%. The value appears strong and on an upward trend. It has increased from 20.00% (Mar 2025) to 22.00%, marking an increase of 2.00%.
- For Other Income, as of Jun 2025, the value is 372.00 Cr.. The value appears to be declining and may need further review. It has decreased from 485.00 Cr. (Mar 2025) to 372.00 Cr., marking a decrease of 113.00 Cr..
- For Interest, as of Jun 2025, the value is 3,551.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3,407.00 Cr. (Mar 2025) to 3,551.00 Cr., marking an increase of 144.00 Cr..
- For Depreciation, as of Jun 2025, the value is 1,810.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 1,831.00 Cr. (Mar 2025) to 1,810.00 Cr., marking a decrease of 21.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 3,834.00 Cr.. The value appears to be declining and may need further review. It has decreased from 3,996.00 Cr. (Mar 2025) to 3,834.00 Cr., marking a decrease of 162.00 Cr..
- For Tax %, as of Jun 2025, the value is 28.00%. The value appears to be increasing, which may not be favorable. It has increased from 26.00% (Mar 2025) to 28.00%, marking an increase of 2.00%.
- For Net Profit, as of Jun 2025, the value is 2,767.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2,973.00 Cr. (Mar 2025) to 2,767.00 Cr., marking a decrease of 206.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 20.85. The value appears to be declining and may need further review. It has decreased from 21.98 (Mar 2025) to 20.85, marking a decrease of 1.13.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: November 15, 2025, 5:18 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 28,331 | 31,734 | 34,487 | 36,068 | 55,894 | 77,200 | 68,252 | 76,404 | 95,701 | 117,627 | 130,978 | 148,478 | 159,663 |
| Expenses | 23,416 | 26,590 | 28,576 | 28,682 | 44,281 | 60,560 | 57,880 | 57,769 | 75,270 | 96,038 | 103,783 | 120,216 | 127,616 |
| Operating Profit | 4,915 | 5,144 | 5,911 | 7,387 | 11,612 | 16,640 | 10,373 | 18,635 | 20,431 | 21,589 | 27,195 | 28,262 | 32,048 |
| OPM % | 17% | 16% | 17% | 20% | 21% | 22% | 15% | 24% | 21% | 18% | 21% | 19% | 20% |
| Other Income | 576 | 530 | 1,320 | 1,076 | 410 | -1,846 | 7,076 | 1,130 | 1,648 | 3,733 | 783 | 1,517 | 1,646 |
| Interest | 447 | 667 | 718 | 702 | 3,663 | 6,060 | 6,890 | 5,723 | 4,776 | 6,044 | 9,277 | 12,500 | 13,897 |
| Depreciation | 1,457 | 1,563 | 1,834 | 1,808 | 2,724 | 3,571 | 4,004 | 4,033 | 4,161 | 4,552 | 5,001 | 6,454 | 7,148 |
| Profit before tax | 3,586 | 3,443 | 4,679 | 5,952 | 5,635 | 5,163 | 6,554 | 10,009 | 13,143 | 14,727 | 13,700 | 10,825 | 12,648 |
| Tax % | 20% | 30% | 26% | 29% | 35% | 47% | -1% | 30% | 15% | 25% | 28% | 28% | |
| Net Profit | 2,954 | 2,582 | 3,455 | 4,246 | 3,688 | 2,745 | 6,639 | 6,987 | 11,206 | 11,078 | 9,926 | 7,756 | 8,973 |
| EPS in Rs | 43.66 | 36.75 | 51.15 | 65.64 | 39.43 | 24.91 | 64.90 | 63.30 | 110.96 | 100.33 | 85.42 | 54.46 | 63.41 |
| Dividend Payout % | 9% | 9% | 9% | 8% | 15% | 27% | 6% | 14% | 9% | 10% | 12% | 18% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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: November 9, 2025, 2:06 pm
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 92 | 92 | 93 | 93 | 131 | 132 | 132 | 132 | 132 | 132 | 133 | 136 | 136 |
| Reserves | 21,523 | 23,048 | 27,336 | 31,294 | 57,230 | 57,888 | 56,501 | 65,362 | 75,567 | 78,610 | 88,520 | 97,373 | 99,482 |
| Borrowings | 9,681 | 11,930 | 12,505 | 9,213 | 67,070 | 84,487 | 84,777 | 79,078 | 74,744 | 103,039 | 137,155 | 186,326 | 205,403 |
| Other Liabilities | 16,441 | 18,963 | 19,642 | 22,147 | 83,467 | 98,620 | 102,772 | 122,777 | 138,706 | 155,042 | 186,309 | 216,206 | 225,081 |
| Total Liabilities | 47,736 | 54,033 | 59,576 | 62,747 | 207,899 | 241,127 | 244,181 | 267,349 | 289,149 | 336,823 | 412,116 | 500,040 | 530,102 |
| Fixed Assets | 25,209 | 31,828 | 34,271 | 34,786 | 69,257 | 87,129 | 87,736 | 85,023 | 88,996 | 94,896 | 100,494 | 141,148 | 145,019 |
| CWIP | 4,045 | 2,755 | 1,788 | 1,297 | 2,290 | 2,766 | 3,904 | 5,769 | 6,615 | 7,778 | 18,358 | 14,765 | 14,333 |
| Investments | 7,611 | 7,255 | 10,601 | 14,200 | 65,995 | 62,747 | 66,337 | 88,017 | 96,766 | 105,355 | 129,306 | 140,496 | 107,901 |
| Other Assets | 10,872 | 12,194 | 12,916 | 12,464 | 70,356 | 88,484 | 86,204 | 88,540 | 96,771 | 128,793 | 163,959 | 203,632 | 262,848 |
| Total Assets | 47,736 | 54,033 | 59,576 | 62,747 | 207,899 | 241,127 | 244,181 | 267,349 | 289,149 | 336,823 | 412,116 | 500,040 | 530,102 |
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.
Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 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.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 32 | 30 | 32 | 30 | 34 | 32 | 31 | 21 | 21 | 18 | 19 | 23 |
| Inventory Days | 209 | 207 | 168 | 163 | 170 | 154 | 179 | 179 | 200 | 180 | 194 | 179 |
| Days Payable | 160 | 102 | 97 | 117 | 146 | 133 | 172 | 229 | 239 | 216 | 221 | 177 |
| Cash Conversion Cycle | 82 | 136 | 103 | 76 | 58 | 53 | 38 | -29 | -18 | -17 | -7 | 25 |
| Working Capital Days | 1 | -44 | -56 | -19 | -95 | -47 | -84 | -103 | -88 | -75 | -91 | -105 |
| ROCE % | 10% | 9% | 11% | 13% | 10% | 8% | 8% | 9% | 9% | 10% | 9% | 8% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| SBI Large & Midcap Fund | 2,010,050 | 2.04 | 558.14 | 2,010,050 | 2025-04-22 17:25:34 | 0% |
| Franklin India Flexi Cap Fund | 1,592,108 | 2.54 | 442.09 | 1,592,108 | 2025-04-22 17:25:34 | 0% |
| Nippon India ETF Nifty 50 BeES | 1,036,032 | 0.93 | 287.68 | 1,036,032 | 2025-04-22 09:14:30 | 0% |
| SBI Contra Fund | 1,000,000 | 0.73 | 277.68 | 1,000,000 | 2025-04-22 17:25:34 | 0% |
| ICICI Prudential Multi Asset Fund | 993,538 | 0.59 | 275.88 | 993,538 | 2025-04-22 17:25:34 | 0% |
| SBI Flexi Cap Fund | 880,275 | 1.07 | 244.43 | 880,275 | 2025-04-22 17:25:34 | 0% |
| ICICI Prudential Large & Mid Cap Fund | 753,661 | 1.33 | 209.27 | 753,661 | 2025-04-22 17:25:34 | 0% |
| Kotak Equity Arbitrage Fund - Regular Plan | 737,500 | 0.4 | 204.79 | 737,500 | 2025-04-22 17:25:34 | 0% |
| Quant ELSS Tax Saver Fund | 683,000 | 1.71 | 189.65 | 683,000 | 2025-04-22 02:17:08 | 0% |
| Franklin India ELSS Tax Saver Fund | 658,198 | 2.59 | 182.77 | 658,198 | 2025-04-22 17:25:34 | 0% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Basic EPS (Rs.) | 55.57 | 85.29 | 103.98 | 114.98 | 65.57 |
| Diluted EPS (Rs.) | 55.50 | 85.29 | 103.88 | 114.98 | 65.50 |
| Cash EPS (Rs.) | 204.44 | 223.47 | 234.22 | 227.66 | 164.59 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 1432.80 | 1335.13 | 1866.80 | 1764.72 | 1558.52 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 1432.80 | 1335.13 | 1866.80 | 1764.72 | 1558.52 |
| Revenue From Operations / Share (Rs.) | 2181.73 | 1972.57 | 1786.56 | 1453.76 | 1160.97 |
| PBDIT / Share (Rs.) | 436.72 | 428.60 | 382.76 | 322.84 | 299.08 |
| PBIT / Share (Rs.) | 341.89 | 353.28 | 313.63 | 259.63 | 237.78 |
| PBT / Share (Rs.) | 154.70 | 204.99 | 220.50 | 186.03 | 145.62 |
| Net Profit / Share (Rs.) | 109.61 | 148.15 | 165.09 | 164.45 | 103.30 |
| NP After MI And SOA / Share (Rs.) | 54.45 | 84.71 | 103.69 | 114.69 | 65.42 |
| PBDIT Margin (%) | 20.01 | 21.72 | 21.42 | 22.20 | 25.76 |
| PBIT Margin (%) | 15.67 | 17.90 | 17.55 | 17.85 | 20.48 |
| PBT Margin (%) | 7.09 | 10.39 | 12.34 | 12.79 | 12.54 |
| Net Profit Margin (%) | 5.02 | 7.51 | 9.24 | 11.31 | 8.89 |
| NP After MI And SOA Margin (%) | 2.49 | 4.29 | 5.80 | 7.88 | 5.63 |
| Return on Networth / Equity (%) | 3.80 | 6.34 | 8.67 | 9.97 | 6.57 |
| Return on Capital Employeed (%) | 5.86 | 7.32 | 7.71 | 7.38 | 7.27 |
| Return On Assets (%) | 0.74 | 1.36 | 2.02 | 2.60 | 1.61 |
| Long Term Debt / Equity (X) | 1.27 | 0.97 | 0.84 | 0.61 | 0.80 |
| Total Debt / Equity (X) | 1.88 | 1.52 | 1.29 | 0.96 | 0.95 |
| Asset Turnover Ratio (%) | 0.32 | 0.34 | 0.15 | 0.12 | 0.08 |
| Current Ratio (X) | 0.89 | 0.93 | 1.36 | 1.43 | 1.60 |
| Quick Ratio (X) | 0.74 | 0.78 | 1.20 | 1.27 | 1.48 |
| Inventory Turnover Ratio (X) | 10.18 | 10.60 | 2.49 | 2.61 | 1.62 |
| Dividend Payout Ratio (NP) (%) | 18.02 | 11.68 | 9.63 | 7.84 | 6.10 |
| Dividend Payout Ratio (CP) (%) | 6.57 | 6.18 | 5.77 | 5.05 | 3.14 |
| Earning Retention Ratio (%) | 81.98 | 88.32 | 90.37 | 92.16 | 93.90 |
| Cash Earning Retention Ratio (%) | 93.43 | 93.82 | 94.23 | 94.95 | 96.86 |
| Interest Coverage Ratio (X) | 2.38 | 3.07 | 4.17 | 4.45 | 3.44 |
| Interest Coverage Ratio (Post Tax) (X) | 1.62 | 2.12 | 2.81 | 3.17 | 2.21 |
| Enterprise Value (Cr.) | 413908.61 | 332695.83 | 249289.17 | 219817.67 | 190182.63 |
| EV / Net Operating Revenue (X) | 2.79 | 2.54 | 2.12 | 2.30 | 2.49 |
| EV / EBITDA (X) | 13.93 | 11.69 | 9.89 | 10.34 | 9.66 |
| MarketCap / Net Operating Revenue (X) | 1.20 | 1.16 | 0.91 | 1.15 | 1.25 |
| Retention Ratios (%) | 81.97 | 88.31 | 90.36 | 92.15 | 93.89 |
| Price / BV (X) | 1.82 | 1.71 | 1.37 | 1.45 | 1.46 |
| Price / Net Operating Revenue (X) | 1.20 | 1.16 | 0.91 | 1.15 | 1.25 |
| EarningsYield | 0.02 | 0.03 | 0.06 | 0.06 | 0.04 |
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.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
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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:
- 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.
- 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.
- 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.
- 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.
- 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.
- Stock P/E: 43 (Industry average Stock P/E: 37.58)
- 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.
- 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.
Stock Rating: - Net Profit Margin: 5.02%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Cement | P.O. Birlagram, Dist. Ujjain, Nagda Madhya Pradesh 456331 | grasim.secretarial@adityabirla.com http://www.grasim.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Kumar Mangalam Birla | Chairman (Non - Executive) & Non Independent Direc |
| Mrs. Rajashree Birla | Non Exe.Non Ind.Director |
| Ms. Ananyashree Birla | Non Exe.Non Ind.Director |
| Mr. Sushil Agarwal | Non Exe.Non Ind.Director |
| Ms. Anita Ramachandran | Independent Director |
| Mr. N Mohan Raj | Independent Director |
| Mrs. V Chandrasekaran | Independent Director |
| Mr. Adesh Kumar Gupta | Independent Director |
| Mr. Yazdi Piroj Dandiwala | Independent Director |
| Mr. Himanshu Kapania | Executive & Managing Director |
| Mr. Ashvin Dhirajlal Parekh | Independent Director |
| Mr. Haigreve Khaitan | Independent Director |
| Mr. Mukkavilli Jagannath | Non Exe.Non Ind.Director |
FAQ
What is the intrinsic value of Grasim Industries Ltd?
Grasim Industries Ltd's intrinsic value (as of 22 November 2025) is 1996.64 which is 27.00% lower the current market price of 2,735.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 1,86,176 Cr. market cap, FY2025-2026 high/low of 2,979/2,276, 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 1,86,176 Cr..
What is the current Stock Price of Grasim Industries Ltd as on 22 November 2025?
The current stock price of Grasim Industries Ltd as on 22 November 2025 is 2,735.
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 2,979/2,276.
What is the Stock P/E of Grasim Industries Ltd?
The Stock P/E of Grasim Industries Ltd is 43.0.
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 0.37 %.
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.