Share Price and Basic Stock Data
Last Updated: November 8, 2025, 2:33 am
| PEG Ratio | -3.81 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Grasim Industries Ltd, a major player in the cement industry, reported a market capitalization of ₹1,99,590 Cr and a share price of ₹2,933. The company recorded sales of ₹117,627 Cr for the fiscal year ending March 2023, reflecting a significant growth trajectory from ₹95,701 Cr in March 2022. The sales figures indicate a robust upward trend, with trailing twelve months (TTM) sales reaching ₹153,327 Cr. Quarterly sales also demonstrated resilience, peaking at ₹37,727 Cr in March 2024, while the most recent quarter (June 2025) recorded sales of ₹40,118 Cr. Such performance showcases the company’s ability to capitalize on increasing market demand and operational efficiencies. The operating profit margin (OPM) fluctuated but stood at 20% for the trailing twelve months, highlighting the company’s effective cost management strategies amidst rising expenses.
Profitability and Efficiency Metrics
Grasim’s profitability metrics reflect a mixed performance amidst operational challenges. The company recorded a net profit of ₹11,078 Cr for the fiscal year ending March 2023, which declined to ₹7,756 Cr for March 2025. The operating profit for the same period rose from ₹21,589 Cr to ₹28,262 Cr, indicating improved operational efficiency despite the declining net profit. The return on equity (ROE) stood at 3.95%, while the return on capital employed (ROCE) was recorded at 7.50%, both of which are below the industry average. The interest coverage ratio (ICR) of 2.38x indicates a moderate ability to cover interest obligations, emphasizing the need for continued focus on profitability. The cash conversion cycle (CCC) of 25 days suggests operational efficiency, although it has changed from previous periods, indicating fluctuations in working capital management.
Balance Sheet Strength and Financial Ratios
Grasim’s balance sheet reflects a substantial equity capital of ₹136 Cr alongside reserves that rose to ₹97,373 Cr by March 2025. However, the company’s borrowings surged to ₹186,326 Cr, resulting in a high total debt-to-equity ratio of 1.88x, raising concerns regarding financial leverage. The current ratio stood at 0.89, indicating potential liquidity challenges, as it falls below the ideal benchmark of 1.0 typically seen in the sector. The book value per share, reported at ₹1,432.80, has shown a consistent increase, indicating a strengthening asset base. The company’s enterprise value (EV) of ₹413,908.61 Cr indicates investor perceptions of future growth potential, although the EV/EBITDA ratio of 13.93x suggests that the stock may be relatively overvalued compared to industry peers, necessitating careful evaluation by investors.
Shareholding Pattern and Investor Confidence
Grasim’s shareholding structure reveals a stable distribution among various stakeholders, with promoters holding 43.11% and domestic institutional investors (DIIs) at 17.91%. Foreign institutional investors (FIIs) have increased their stake to 13.79%, signaling growing confidence in the company’s long-term prospects. The public shareholding stood at 24.87%, reflecting a diverse investor base. Over recent quarters, the number of shareholders has fluctuated, peaking at 2,65,202 in September 2024, before declining to 2,47,628. This variation highlights shifts in investor sentiment, potentially influenced by the company’s financial performance and broader market conditions. The gradual increase in promoter shareholding from 42.75% in September 2022 to the current level indicates a commitment to maintaining control and confidence in future growth.
Outlook, Risks, and Final Insight
Grasim Industries faces a mixed outlook influenced by both growth opportunities and inherent risks. The company’s capacity to leverage its strong market position in the cement sector, along with rising sales, suggests potential for recovery and growth. However, challenges such as high debt levels and fluctuating profitability metrics pose significant risks. The declining net profit and rising interest expenses could impact future earnings, necessitating strategic cost management. A focus on improving operational efficiencies and maintaining healthy cash flows will be crucial in navigating these challenges. Investors should remain vigilant regarding market conditions and the company’s ability to adapt to changing economic landscapes, as these factors will ultimately dictate the company’s performance moving forward. The balance between leveraging growth opportunities and managing financial risks will be paramount for Grasim’s sustained success.
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 | 3.95 | 0.00 % | 13.1 % | 108 % | 10.0 | |
| UltraTech Cement Ltd | 3,49,165 Cr. | 11,849 | 13,102/10,048 | 47.6 | 2,444 | 0.65 % | 10.9 % | 9.29 % | 10.0 |
| The Ramco Cements Ltd | 24,421 Cr. | 1,034 | 1,209/788 | 127 | 322 | 0.19 % | 4.83 % | 1.56 % | 1.00 |
| The India Cements Ltd | 11,728 Cr. | 378 | 430/239 | 325 | 0.00 % | 5.49 % | 8.83 % | 10.0 | |
| Star Cement Ltd | 9,959 Cr. | 246 | 309/172 | 32.9 | 74.4 | 0.41 % | 8.39 % | 6.05 % | 1.00 |
| Industry Average | 35,169.50 Cr | 1,957.02 | 40.85 | 570.17 | 0.51% | 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: October 15, 2025, 5:16 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 | 153,327 |
| 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 | 122,933 |
| 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 | 30,393 |
| 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 | 1,637 |
| Interest | 447 | 667 | 718 | 702 | 3,663 | 6,060 | 6,890 | 5,723 | 4,776 | 6,044 | 9,277 | 12,500 | 13,180 |
| 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 | 6,745 |
| 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 | 12,105 |
| 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 | 8,575 |
| 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 | 61.20 |
| 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: July 25, 2025, 3:09 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 92 | 92 | 93 | 93 | 131 | 132 | 132 | 132 | 132 | 132 | 133 | 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
Below is a detailed analysis of the balance sheet data for Grasim Industries Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 136.00 Cr.. The value appears strong and on an upward trend. It has increased from 133.00 Cr. (Mar 2024) to 136.00 Cr., marking an increase of 3.00 Cr..
- For Reserves, as of Mar 2025, the value is 97,373.00 Cr.. The value appears strong and on an upward trend. It has increased from 88,520.00 Cr. (Mar 2024) to 97,373.00 Cr., marking an increase of 8,853.00 Cr..
- For Borrowings, as of Mar 2025, the value is 186,326.00 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 137,155.00 Cr. (Mar 2024) to 186,326.00 Cr., marking an increase of 49,171.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 216,206.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 186,309.00 Cr. (Mar 2024) to 216,206.00 Cr., marking an increase of 29,897.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 500,040.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 412,116.00 Cr. (Mar 2024) to 500,040.00 Cr., marking an increase of 87,924.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 141,148.00 Cr.. The value appears strong and on an upward trend. It has increased from 100,494.00 Cr. (Mar 2024) to 141,148.00 Cr., marking an increase of 40,654.00 Cr..
- For CWIP, as of Mar 2025, the value is 14,765.00 Cr.. The value appears to be declining and may need further review. It has decreased from 18,358.00 Cr. (Mar 2024) to 14,765.00 Cr., marking a decrease of 3,593.00 Cr..
- For Investments, as of Mar 2025, the value is 140,496.00 Cr.. The value appears strong and on an upward trend. It has increased from 129,306.00 Cr. (Mar 2024) to 140,496.00 Cr., marking an increase of 11,190.00 Cr..
- For Other Assets, as of Mar 2025, the value is 203,632.00 Cr.. The value appears strong and on an upward trend. It has increased from 163,959.00 Cr. (Mar 2024) to 203,632.00 Cr., marking an increase of 39,673.00 Cr..
- For Total Assets, as of Mar 2025, the value is 500,040.00 Cr.. The value appears strong and on an upward trend. It has increased from 412,116.00 Cr. (Mar 2024) to 500,040.00 Cr., marking an increase of 87,924.00 Cr..
However, the Borrowings (186,326.00 Cr.) are higher than the Reserves (97,373.00 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 - No data available for this post.
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: 42.8 (Industry average Stock P/E: 40.85)
- 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 08 November 2025) is 1987.36 which is 27.07% lower the current market price of 2,725.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 1,85,414 Cr. market cap, FY2025-2026 high/low of 2,979/2,276, reserves of ₹97,373 Cr, and liabilities of 500,040 Cr.
What is the Market Cap of Grasim Industries Ltd?
The Market Cap of Grasim Industries Ltd is 1,85,414 Cr..
What is the current Stock Price of Grasim Industries Ltd as on 08 November 2025?
The current stock price of Grasim Industries Ltd as on 08 November 2025 is 2,725.
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 42.8.
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.