Grasim Industries

    GRASIM
    Infra
    ₹2,894.00
    Price as of 25 Oct 2026, 10:28 pm IST

    Market cap ₹1.96 L Cr

    P/E
    34.51
    Day range
    ₹2,857.80 – ₹2,901.30
    52-week range
    ₹2,502.50 – ₹3,411.10
    Volume
    3.14 L
    Open
    ₹2,875.00
    Prev close
    ₹2,894.40

    Latest results · Q1 FY27(consolidated)Revenue ₹48,716 Cr+21.4%Profit ₹3,846 Cr+39.0%Margin 7.9%YoY vs the same quarter last year

    No red flags in exchange filings: no rising pledge, promoter selling, surveillance or critical filing on record.

    F&O margin for one lot of GRASIM (250 shares)

    Research profile

    Composite 57 / 100

    Factor percentiles

    Value43
    Quality41
    Momentum64
    Low volatility80

    Derived metrics

    Earn. yield
    2.9%
    Graham no.
    ₹1,698.69
    vs Graham
    -41.3%
    ROE ÷ P/B
    5.4%
    12-1 mom.
    +12.7%
    Return / vol
    0.19
    Magic Formula
    #503
    Piotroski
    5/6
    FCF yield
    -17.0%
    PEG
    1.24

    Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.

    Peer comparison

    All 188 in Infra
    Largest Infra companies tracked, with sector medians
    CompanyM-capP/EP/BROEROCEOPMD/ESales YoY
    Larsen & ToubroLT₹5.02 L Cr30.254.5918.3%15.0%12.0%1.15+6.7%
    Adani PortsADANIPORTS₹3.92 L Cr29.064.2116.2%14.0%58.0%0.66+18.6%
    Adani EnterprisesADANIENT₹3.35 L Cr39.934.0715.2%6.0%15.0%1.32+49.9%
    UltraTech CementULTRACEMCO₹3.25 L Cr38.094.4311.1%13.0%16.0%0.40+18.8%
    Grasim IndustriesGRASIM₹1.96 L Cr34.511.9010.2%8.0%23.0%2.20+21.4%
    InterGlobe AviationINDIGO₹1.76 L Cr19.6325.56-29.3%5.0%13.0%11.15+19.9%
    DLFDLF₹1.63 L Cr35.633.6010.0%6.0%1.8%0.01-23.3%
    Tata MotorsTMCV₹1.46 L Cr34.779.5426.0%36.0%10.0%0.25+36.3%
    Sector median₹12,817 Cr32.004.3415.0%17.0%15.0%0.18+19.8%

    Sector as classified in the tracked universe; medians use every tracked Infra company, and P/E only profitable ones. Tinted figures beat the median.

    Latest news

    Updated 7d ago

    Headlines about Grasim Industries from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.

    Key metrics

    P/E (TTM)
    34.3
    EPS (TTM)
    ₹83.86
    Price / Book
    1.90
    ROE (FY26)
    10.2%
    ROCE (latest year)
    8%
    Dividend yield
    0.35%

    Moving averages (NSE)

    20-day
    ₹2,962.29
    Price below
    50-day
    ₹3,144.56
    Price below
    200-day
    ₹2,981.03
    Price below

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +14.3%
    Profit 3Y CAGR
    -2.4%
    Revenue YoY (Jun 2026)
    +21.4%
    Profit YoY (Jun 2026)
    +38.8%
    Operating margin
    23.0%
    Net margin
    7.9%

    Revenue, profit & margin - quarterly

    ₹ crore; a loss shows red. Operating margin below, same periods.

    0 Cr20K Cr40K Cr60K Cr
    • Revenue
    • Net profit

    Operating margin

    Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Jun 20260%15%30%

    Who owns the company

    % of equity by quarter, latest Sept 2026

    Dec '24Mar '25Jun '25Sept '25Dec '25Mar '26Jun '26Sept '260%25%50%75%100%
    • Promoter
    • Public
    • DII
    • FII
    • Others

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-40K Cr-20K Cr0 Cr20K Cr40K Cr60K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY260%5%10%15%20%15% screen

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); the ratio below, same years.

    0 Cr1L Cr2L Cr3L Cr
    • Equity
    • Debt

    Debt to equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 20260x2x4x

    Dividends per share

    ₹ by fiscal year of the ex-date; the latest year runs to date.

    FY18FY19FY20FY21FY22FY23FY24FY25FY26FY27₹0₹2.5₹5₹7.5₹10

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Sales30,22131,96537,72734,61034,22335,37844,26740,11839,90044,31251,10148,716
    Expenses24,17325,07329,83527,92728,19728,57535,51731,29632,22835,44240,22737,565
    Operating Profit6,0486,8937,8926,6826,0266,8048,7508,8227,6718,87010,87411,152
    OPM %20%22%21%19%18%19%20%22%19%20%21%23%
    Other Income285256-4824740338248537640665143318
    Interest2,2262,4332,5862,7953,0273,2703,4073,5513,6693,9094,0154,298
    Depreciation1,2451,2441,3291,4431,5721,6081,8311,8101,8991,9752,0421,988
    Profit before tax2,8623,4723,9282,6911,8302,3083,9963,8372,5103,0514,9605,183
    Tax %29%25%31%23%46%25%26%28%40%27%26%26%
    Net Profit2,0242,6032,7222,0669831,7342,9732,7711,4982,2333,6843,846
    EPS in Rs₹17.10₹22.25₹20.80₹16.33₹4.78₹12.45₹21.98₹20.87₹8.13₹15.23₹27.86₹31.53

    From company filings, updated 26 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.

    Working-capital cycle

    Debtor Days23

    +2 days since Mar 2021

    Inventory Days130

    -49 days since Mar 2021

    Days Payable152

    -77 days since Mar 2021

    Cash Conversion Cycle1

    +30 days since Mar 2021

    Working Capital Days-81

    +22 days since Mar 2021

    Strengths, risks & growth

    Grasim Industries Limited is the flagship company of the Aditya Birla group, it ranks amongst India's largest private sector companies. On standalone basis, GIL’s core businesses comprise of viscose Staple fibre (VSF), caustic soda, speciality chemicals, rayon-grade wood pulp (RGWP) with plants at multiple locations. It also has certain other businesses such as fertiliser, textile, etc. [1]

    Strengths

    • Promoter holding has increased by 1.47% over last quarter.

    Risks

    • Company has a low return on equity of 5.21% over last 3 years.
    • Dividend payout has been low at 14.6% of profits over last 3 years

    Compounded Sales Growth

    10 Years
    +18%
    5 Years
    +18%
    3 Years
    +14%
    TTM
    +20%

    Compounded Profit Growth

    10 Years
    +8%
    5 Years
    +2%
    3 Years
    -10%
    TTM
    +40%

    Stock Price CAGR

    10 Years
    +14%
    5 Years
    +11%
    3 Years
    +16%
    1 Year
    +2%

    Return on Equity

    10 Years
    +7%
    5 Years
    +7%
    3 Years
    +5%
    Last Year
    +5%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderDec 2025Mar 2026Jun 2026Sept 2026Change
    Promoter43.21%43.73%43.73%45.20%+1.47 pp
    FII14.49%14.91%14.63%14.50%-0.13 pp
    DII16.99%16.28%16.13%15.25%-0.88 pp
    Public24.93%24.75%25.15%24.70%-0.45 pp
    Others0.36%0.34%0.34%0.33%-0.01 pp

    Filed with NSE for Sept 2026: promoters 45.20%, public 54.47% · XBRL filing

    Analysts & fund holdings

    100%
    100% recommend buy
    10 analysts cover the stock
    Valuation vs Construction Materials
    P/E34.5 vs 23.4
    Sector P/B2.92
    Beta1.14

    Who holds the shares, quarter by quarter

    Mutual funds 5.52% (-0.88 pp)
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    Sept 26
    • Promoters45.4%
    • Foreign institutions14.6%
    • Mutual funds5.5%
    • Insurance6.7%
    • Other domestic institutions3.1%
    • Retail7.2%
    • Others17.6%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    Aditya Birla SL Flexi Cap Fund0.22%1.59%+0.08 pp
    Aditya Birla SL Large Cap Fund0.18%1.30%+1.30 pp
    SBI Contra Fund0.17%0.76%+0.03 pp
    UTI Nifty 50 Index Fund0.16%1.10%+0.04 pp
    Franklin India Flexi Cap Fund0.14%1.53%+0.07 pp

    Scorecard

    Performance
    Avg
    Valuation
    High
    Growth
    Low
    Profitability
    Avg
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Risk & trend

    From 275 daily sessions to 23 Oct 2026.

    Computed

    Risk

    Volatility (1Y)
    22.7%
    Downside volatility
    23.0%
    Worst 5% of days
    2.3%
    Average of that tail
    3.4%
    Max drawdown (1Y)
    15.5%
    Below its peak
    14.4%

    Against the market

    Beta vs Nifty 50
    1.11
    Correlation
    0.65
    Relative strength (3M)
    -1.7%
    ATR (14)
    2.1%

    Return

    Return 1M
    -7.5%
    Return 3M
    -7.0%
    Return 6M
    +4.2%
    Return 1Y
    +4.3%
    vs 200-day average
    -2.9%

    Momentum

    RSI (14)
    36.7
    MACD histogram
    5.21
    Stochastic %K
    33.6
    ADX (14)
    44.7
    +DI / −DI
    8.9 / 25.1
    Money flow index
    45.2

    Participation

    Delivery (20d avg)
    54.1%
    vs its 60-day baseline
    -2.2 pts
    Volume vs 20-day
    -0.5σ
    Close vs day's VWAP
    +0.5%
    52-week position
    43 / 100

    These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.

    Financial quality

    From consolidated statements to 31 Mar 2026.

    Computed

    Piotroski F-Score

    5 of 6 tested

    • Return on assets positive — passed
    • Operating cash flow positive — not testableno cash flow statement for this period
    • Return on assets improving — passed
    • Cash flow exceeds profit — not testableneeds cash flow and profit against assets
    • Debt to assets falling — failed
    • Current ratio improving — passed
    • No new equity issued — not testableno share count is collected, and financing cash flow mixes equity with debt
    • Operating margin improving — passed
    • Asset turnover improving — passed
    Free cash flow
    -₹33,436 Cr
    FCF yield
    -17.0%
    Cash conversion
    -1.73
    Accruals ratio
    0.049
    Net debt
    ₹2.25 L Cr
    Net debt / equity
    2.18
    EV / sales
    2.29
    PEG
    1.24
    Capex intensity
    8.9%
    Revenue CAGR
    15.4%
    Profit CAGR
    27.9%

    Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.

    Model simulation

    30 independent runs of NeoQuasar/Kronos-small, conditioned on daily bars to 23 Oct 2026, simulating 10 sessions ahead.

    Research
    Research output, not advice. Model output for research only. Not investment advice, not a price target, and not a prediction of actual returns. Generated by a statistical model from past prices; past patterns do not determine future prices.

    Lower edge (10th percentile)

    ₹2,686.79

    -7.2%

    Upper edge (90th percentile)

    ₹2,933.98

    +1.4%

    The marker is the last close, ₹2,894. Eight of every ten simulated runs ended inside this range; the middle run ended at ₹2,798.89 (-3.3%), which is the centre of the simulation and not an expected or target price.

    The model reads price history only. It has not seen this company's results, its filings, its industry or anything that happened after 23 Oct 2026. Ranges widen with horizon because the further out the simulation runs, the less the recent past constrains it.

    Corporate actions

    • dividend
      ₹10.00

      Dividend - Rs 10 Per Share

      7 Aug 2026
      ex-date
    • dividend
      ₹10.00

      Dividend - Rs 10 Per Share

      12 Aug 2025
      ex-date
    • dividend
      ₹10.00

      Annual General Meeting/Dividend - Rs 10 Per Share

      6 Aug 2024
      ex-date
    • rights
      Not available — not reported in this filing

      Rights 6:179 @ Premium Rs 1810/-

      10 Jan 2024
      ex-date
    • dividend
      ₹10.00

      Annual General Meeting/Dividend - Rs 10 Per Share

      11 Aug 2023
      ex-date
    • dividend
      ₹5.00

      Annual General Meeting/Dividend - Rs 5 Per Share/Special Dividend - Rs 5 Per Share

      11 Aug 2022
      ex-date
    • dividend
      ₹5.00

      Annual General Meeting/Dividend - Rs 5 Per Share/ Special Dividend - Rs 4 Per Share

      12 Aug 2021
      ex-date
    • dividend
      ₹4.00

      Dividend - Rs 4 Per Share

      26 Aug 2020
      ex-date
    • dividend
      ₹7.00

      Annual General Meeting/Dividend - Rs 7 Per Sh

      8 Aug 2019
      ex-date
    • dividend
      ₹6.20

      Dividend Rs 6.20 Per Share

      31 Aug 2018
      ex-date
    • dividend
      ₹5.50

      Annual General Meeting/Dividend - Rs 5.50 Per Share

      8 Sept 2017
      ex-date
    • other
      Not available — not reported in this filing

      Scheme Of Arrangement

      19 Jul 2017
      ex-date
    • split
      ₹2.00

      Face Value Split From Rs 10 To Re 2

      6 Oct 2016
      ex-date
    • dividend
      ₹22.50

      Dividend - Rs 22.50 Per Share

      7 Sept 2016
      ex-date
    • dividend
      ₹18.00

      Annual General Meeting / Dividend Rs 18/- Per Share

      3 Sept 2015
      ex-date
    • dividend
      ₹21.00

      Dividend - Rs 21/- Per Share

      20 Aug 2014
      ex-date
    • dividend
      ₹22.50

      Annual General Meeting / Dividend - Rs 22.50/- Per Share

      31 Jul 2013
      ex-date
    • dividend
      ₹22.50

      Annual General Meeting/ Dividend Rs 22.50 Per Share

      27 Aug 2012
      ex-date
    • dividend
      ₹20.00

      Dividend-Rs.20/- Per Share

      6 Sept 2011
      ex-date
    • dividend
      ₹30.00

      Dividend-Rs.30/- Per Share

      10 Aug 2010
      ex-date

    Company announcements

    Company Update
    Commencement Of Commercial Production Of EPICHLOROHYDRIN Plant At Vilayat, Gujarat

    Commencement of commercial production of EPICHLOROHYDRIN Plant at Vilayat, Gujarat

    Company Update
    Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015

    Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015

    Company Update
    Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    Certificate regarding Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30th September 2026

    Insider Trading / SAST
    Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

    The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kumar Birla & Others

    Insider Trading / SAST
    Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

    The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kumar Mangalam Birla & Others

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Newspaper Advertisement - Public Notice regarding loss of Share Certificates

    Others
    Intimation of Repayment of Commercial Paper (CP)

    Repayment of Commercial Paper

    Insider Trading / SAST
    Closure of Trading Window

    Intimation of Closure of Trading Window from 1st October 2026 onwards for the Unaudited Financial Results for the quarter and half year ending 30th September 2026

    Company Update
    Allotment Of Equity Shares By Aditya Birla Renewables Limited, A Subsidiary Of The Company

    Allotment of Equity Shares by Aditya Birla Renewables Limited, a subsidiary of the Company

    Others
    Intimation of Repayment of Commercial Paper (CP)

    Redemption of Commercial Paper

    Company Update
    Update On Joint Venture

    Update on Joint Venture

    Others
    Intimation of Repayment of Commercial Paper (CP)

    Repayment of Commercial Paper

    Company Update
    Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015

    Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015

    Others
    Intimation of Repayment of Commercial Paper (CP)

    Repayment of Commercial Paper

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Intimation of schedule of Analysts / Institutional Investor Meet

    Filed with BSE (scrip 500300); the last 45 days. Documents open at bseindia.com.

    SEBI filings & orders

    From SEBI's website. An order may concern the company, its officers or trading in its shares, and may be under appeal - read the order itself. Personal identifiers are withheld.

    Buybacks, open offers & rights issues

    • Rights issue - LOF

      Grasim Industries Limited - LOF

      8 Jan 2024
      Read on SEBI

    Regulatory orders

    Documents

    Credit ratings

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 12 Aug 2026 (unaudited). View the source filing. Figures are as filed and are not investment advice.

    FAQ

    Grasim Industries: common questions

    Answered from the figures on this page.

    Grasim Industries last traded at ₹2,894.00 (NSE, as of 25 Oct 2026). The last session moved it down 0.01%.

    Grasim Industries is valued at about ₹1.96 lakh crore (NSE, as of 25 Oct 2026).

    Grasim Industries trades at a price-to-earnings ratio of 34.51 (NSE, as of 25 Oct 2026). The P/E compares the share price with earnings per share, so it is only comparable between companies in the same industry.

    Grasim Industries has traded between ₹2,502.50 and ₹3,411.10 over the past 52 weeks, to 25 Oct 2026. It is currently 43% of the way up that range.

    Grasim Industries (GRASIM) is classified under Infra on this site's screener.