GRASIM · Grasim Industries Ltd · Construction - Raw Materials
GRASIM · Grasim Industries Ltd · Construction - Raw Materials
As of 05 Nov close
52-week range
5.4% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Stock Condition as of 05 Nov 2026 close
Slowest input: promoter pledge (disclosed quarterly), as of 18 Jul 2026
Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹48,716 Cr
Revenue YoY
PAT YoY
+51.3%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
3.2
P/S (TTM)
1.2
Sector P/E
32
Dividend yield
+0.3%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| GRASIM (this stock) | 36.9 | 3.2 | +3.1% | +5.5% | 2.2 | +0.3% |
| UltraTech Cement | 38.8 | 5.4 | +9.3% | +11.1% | 0.31 | +2.2% |
| Ambuja Cements | 23.3 | 2.6 | +11.2% | +7.5% | 0.01 | +0.5% |
| Shree Cement | 55.9 | 3.4 | +7.4% | +7.0% | 0.08 | +0.7% |
Promoter
stable
FII
falling 1q
MF
6.38% (-0.15pp)
falling 2q
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
- mediumthehindubusinessline.com· 01 Oct 2026, 01:17 pmSelling deepens into midday; auto and metals lead declines as FII outflows cross ₹26,000 crore
- loweconomictimes.indiatimes.com· 13 Aug 2026, 06:00 amStocks in news: UltraTech Cement, Tata Motors PV, Axis Bank, Apollo Hospitals and Ircon
- lowseekingalpha.com· 13 Aug 2026, 01:17 amGrasim Industries Limited (GRSXY) Q1 2027 Earnings Call Transcript
- mediummacrothehindubusinessline.com· 12 Aug 2026, 09:55 amMarkets open flat as crude stays near $90, inflation data in focus
- lowthehindubusinessline.com· 08 Aug 2026, 08:47 pmBandu’s Blockbusters for August 9, 2026
- lowthehindubusinessline.com· 23 Jul 2026, 01:36 pmSensex, Nifty sink below key EMAs at midday; Adani Enterprises, Cipla lead losses
Concalls & investor presentations
AI-generatedKey takeaway: Grasim Industries Limited reported its Q1 FY27 earnings during an earnings call on August 12, 2026. Management highlighted that the company achieved record revenues of INR 48,716 crores, reflecting a 21% year-over-year growth and marking the 24th consecutive quarter of revenue growth. Standalone revenues grew 28% year-on-year to INR 11,795 crores, with EBITDA more than doubling to INR 1,094 crores. The paints segment, Birla Opus, saw a 64% increase in revenue to INR 1,661 crores, while the B2B e-commerce business, Birla Pivot, grew 75% year-on-year to INR 2,548 crores. Management noted challenges in the global economy, including inflation and geopolitical tensions, but emphasized India's resilience and growth potential. The company also discussed its strategic focus on expanding market share and profitability across its various business segments, including chemicals and cellulosic fibers, while maintaining a strong balance sheet with a net debt to EBITDA ratio of 1.45 times.
Management emphasized strong revenue growth and strategic business performance.
Sourced from an exchange-filed transcript, dated 17 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Grasim Industries Limited's investor presentation for Q1FY27 reported a consolidated revenue of ₹48,716 crore, reflecting a 21% year-over-year increase, driven by strong performance across its diversified business portfolio. The standalone revenue reached an all-time high of ₹11,795 crore, up 28% YoY. Consolidated EBITDA also saw a significant rise to ₹8,077 crore, a 26% increase YoY. The presentation highlighted growth in various segments, including a 12% YoY increase in the chemicals segment and a 16% rise in cement revenue. The company reported a total lending portfolio growth of 32% YoY in its financial services segment. Additionally, Grasim emphasized its commitment to sustainability, with improvements in renewable power capacity and water recycling efforts. The document outlined strategic priorities and growth drivers across its key business segments, positioning Grasim as a significant player in India's growth story.
The presentation highlighted strong financial performance and growth across multiple business segments.
Sourced from an exchange-filed presentation, dated 12 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Grasim Industries Limited held its Q4 FY26 Earnings Conference Call on May 20, 2026, where management reported significant growth across various segments. Consolidated revenue reached INR 1,75,431 crores, marking an 18% CAGR from FY21 to FY26. Standalone revenue also hit an all-time high of INR 41,039 crores, with a 27% CAGR during the same period. The paints segment, Birla Opus, achieved a 52% year-on-year revenue growth in Q4 FY26, with a market share increase of 370 basis points over FY25. Management highlighted the expansion of distribution and product offerings as key growth drivers. The B2B e-commerce platform, Birla Pivot, also saw its revenue more than double year-on-year. Management discussed challenges related to raw material costs and inflation but remained committed to achieving market share goals. The company announced a final dividend of 500%, reflecting its financial strength and commitment to shareholders.
Management emphasized strong growth and strategic advancements across multiple business segments.
Sourced from an exchange-filed transcript, dated 25 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Grasim Industries Limited's investor presentation for Q4FY26 detailed the company's audited financial results for the quarter and the fiscal year ending March 31, 2026. The presentation highlighted a consolidated revenue of ₹175,431 crore, an increase of 18% year-over-year, with an EBITDA of ₹25,872 crore, up 29%. The company reported a profit after tax (PAT) of ₹5,203 crore, reflecting a 33% increase. Key segments such as Cement, Chemicals, and Financial Services showed strong performance, with Cement achieving a record EBITDA of ₹5,688 crore, up 20% YoY. The presentation also noted macroeconomic indicators, including a 5.1% growth in the manufacturing sector and a 16.9% increase in non-food bank credit. Grasim emphasized its leadership in various sectors and ongoing investments in sustainability and capacity expansion across its business segments.
The presentation emphasized strong financial performance and growth across multiple business segments.
Sourced from an exchange-filed presentation, dated 20 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Grasim Industries Limited held its Q3 FY26 earnings conference call on February 11, 2026, where management provided updates on financial performance and business developments. The company reported a consolidated revenue of Rs. 44,312 crores for the quarter, a 25% year-on-year increase, with strong contributions from building materials, financial services, and new businesses. Management highlighted the growth of its Birla Opus paints business, which gained market share and achieved a sales volume increase of 70% year-on-year. The B2B e-commerce platform, Birla Pivot, reached an annualized revenue run rate of Rs. 8,500 crores. Management noted the resilience of India's domestic demand and the positive impact of government policies on growth across various sectors. The call concluded with management expressing confidence in the company's growth trajectory and commitment to value creation for stakeholders.
Management emphasized strong financial performance and growth across multiple business segments.
Sourced from an exchange-filed transcript, dated 13 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Grasim Industries Limited's investor presentation for Q3FY26 reported a consolidated revenue of ₹44,312 crore, reflecting a 25% year-over-year increase. EBITDA rose by 33% to ₹6,215 crore, driven by operational efficiencies. The presentation highlighted a 9% year-over-year revenue growth in the Cellulosic Fibres segment, attributed to higher sales volumes and a favorable product mix. The Chemicals segment saw a 5% revenue increase, while the Cement division reported a 23% rise in revenue, with a consolidated sales volume growth of 15%. The financial services sector also performed well, with a 27% revenue growth. Management emphasized sustainability efforts, including increased renewable energy capacity and improved water recycling rates. The document outlined strategic priorities such as market leadership, innovation, and capital allocation. Overall, the presentation conveyed a strong performance across various business segments.
Management highlighted strong financial performance and growth across multiple segments.
Sourced from an exchange-filed presentation, dated 10 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedGrasim Industries Limited reported a record consolidated revenue of ₹1,75,431 crore in FY2025-26, reflecting an 18% YoY growth driven by its key subsidiaries UltraTech Cement and Aditya Birla Capital. The company's standalone operations also saw a 30% revenue increase to ₹41,039 crore. The report highlights strategic business developments, including a Composite Scheme of Arrangement for renewable energy assets and a Scheme of Amalgamation for financial services entities. The auditor's report confirms the financial statements present a true and fair view, with no material misstatements detected. The company maintains strong internal controls and has no defaults in loan repayments or statutory dues.
- Record consolidated revenue of ₹1,75,431 crore with 18% YoY growth in FY2025-26
- Standalone revenue reached ₹41,039 crore, up 30% YoY
- Completed Composite Scheme of Arrangement for renewable energy assets and Scheme of Amalgamation for financial services entities
- No defaults in loan repayments or statutory dues as of 31st March 2026
- Auditor confirmed financial statements present a true and fair view with no material misstatements
Key takeaway: Grasim Industries Limited delivered strong financial performance in FY2025-26 with significant revenue growth, strategic business developments, and no material financial or compliance risks noted.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (3 items); Regulatory Action (3 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
3 occurrencesRecent (last 12 months)
The statutory auditor of Aditya Birla Sun Life AMC Limited reported a key audit matter regarding revenue from asset management and advisory fees, highlighting inherent risks in computing revenue streams and potential material misstatements.
Earlier (1-3 years ago)
The statutory auditor of Aditya Birla Housing Finance Limited (ABHFL) reported a key audit matter related to IT systems and controls, highlighting dependencies on multiple IT systems for financial reporting.
The statutory joint auditors of Aditya Birla Finance Limited (ABFL) identified 'IT systems and controls' as a key audit matter due to the high level of automation, significant number of systems used by management, and complexity of the IT architecture impacting financial reporting.
Regulatory Action
3 occurrencesRecent (last 12 months)
Competition Commission of India (CCI) imposed penalties of ₹301.61 crore and ₹3.49 crore for anti-competitive conduct related to Cellulosic Staple Fibre turnover, with the company appealing these decisions.
Earlier (1-3 years ago)
The Competition Commission of India (CCI) imposed a penalty of ₹301.61 crore in March 2020 and an additional ₹3.49 crore (₹1 lakh per day) for non-compliance, with the company appealing and obtaining stays. CCI also issued an August 2021 order but waived further penalties due to overlap.
The Competition Commission of India (CCI) imposed a penalty of ₹301.61 crore in March 2020 and an additional ₹3.49 crore (₹1 lakh per day) for non-compliance, with the company appealing and obtaining stays from NCLAT and Delhi High Court.
Routine disclosures
Contingent Liability
3 occurrencesRecent (last 12 months)
The company has made a provision against contingent liability as of 31st March 2026, with details in Note 2.28.1 (b) of the Standalone Financial Statements.
Earlier (1-3 years ago)
The company has a provision against contingent liability recognized under Ind AS 103 related to a business combination, with details in Note 2.28.1 (b).
The company has provisions against warranty and contingent liabilities created or written back, indicating the presence of contingent liabilities.
Related-Party Transaction
3 occurrencesRecent (last 12 months)
The company entered into material related-party transactions with Hindalco Industries Limited (a promoter group company) and AV Group NB Inc., with an aggregate value of up to ₹2,535 crore, approved by the Board on 22nd May 2025.
Earlier (1-3 years ago)
The company approved material related party transactions with Hindalco Industries Limited (up to ₹1,250 crore) and AV Group NB Inc (up to ₹1,108 crore) during FY 2024-25. Additionally, transactions between ABReL (RJ) Projects Limited and ABReL EPC Limited (up to ₹2,600 crore) were approved, subject to arm's length basis and ordinary course of business.
The company has related-party transactions with Hindalco Industries Limited, a promoter group company, which may exceed the threshold for material related party transactions as per SEBI Listing Regulations.
Statutory dues in dispute
3 occurrencesRecent (last 12 months)
Grasim Industries Limited has not deposited statutory dues related to Customs Duty, Interest, and Penalty from 2002-03 to 2020-21, with cases pending before the Appellate Authority and High Court.
Earlier (1-3 years ago)
The company has statutory dues not deposited due to disputes, including customs duty, electricity duty, and excise duty, with amounts disputed from various periods and pending before different forums like High Court, Supreme Court, and Assessing Authority.
Grasim Industries Limited has disputed statutory dues related to Income Tax, Entry Tax, Excise Duty, and Sales Tax/VAT/GST, with amounts in dispute from 2000-2024, pending before various authorities including Appellate Authority, Assessing Authority, and High Court.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
3.23% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).