Live Grasim Industries Share Price Chart

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Grasim Industries Performance

Days Range

Low: ₹2,224.80
High: ₹2,253.40
Previous Close ₹2,254.05
Open ₹2,239.00
Volume 4,15,008
Day’s Range ₹2,224.80 - ₹2,253.40
52W Range ₹1,649.14 - ₹2,323.75
Market Cap ₹1,50,635 Cr

Grasim Industries Fundamentals

ROCE (TTM) 8.06
P/E Ratio (TTM) 26.38
P/B Ratio 1.78
Industry P/E 22
Debt to Equity 1.47
ROE 7.97
EPS (TTM) 85.4
Dividend Yield 0.44
Book Value 1263.07
Face Value 2

Grasim Industries Financials

Mar 2023Jun 2023Sep 2023Dec 2023
Net Sales33,462.1431,065.1930,220.6831,965.48
Expenses28,538.8525,890.9725,413.1526,316.48
Profit before tax3,415.033,437.872,861.723,471.74
Operating Profit2,355.672,576.352,024.052,603.43
Net Profit2,355.672,576.352,024.052,603.43
EPS in Rs20.8524.0117.7323.08

About Grasim Industries

History

Grasim Industries Limited, a prominent member of the Aditya Birla Group’s flagship companies, stands as one of India’s foremost publicly traded entities. With a rich history spanning 76 years since its inception in 1947 as a textile manufacturer, Grasim has transformed into a leading diversified conglomerate with a strong presence across multiple sectors. It holds a prominent global position as a producer of Viscose, Diversified Chemicals, and Linen Yarn and is a key contributor to India’s fabric production landscape. 

Notably, Grasim has ventured into the paints business, establishing six manufacturing plants across various locations in India. Capitalising on the synergies within the group, Grasim has introduced “Birla Pivot,” an online B2B marketplace specialising in building materials. Additionally, through its subsidiaries, UltraTech Cement and Aditya Birla Capital, Grasim assumes a significant role as India’s leading cement manufacturer and a diversified player in the financial services sector.

Today, it is a leading global player in Viscose Staple Fibre (VSF) and a diversified player with a leadership presence across many sectors, including chemicals, cement, financial services, and insulators, through its subsidiaries UltraTech Cement and Aditya Birla Capital. 

Business Segments

Grasim Industries holds the 11th position in the list of the Top 500 Indian large companies, as recognised by Business World. Grasim Limited has ventured into various products and industries, such as:

  • Viscose Stable Fibre (VSF): Grasim is a pioneer in VSF production, a sustainable and biodegradable alternative to cotton. VSF is used in various applications, including apparel, home textiles, dress materials, knitwear, and non-woven products.
  • Viscose Filament Yarn (VFY): Grasim is the largest VFY manufacturer in India and the third-largest globally. The company is also a significant VFY exporter, serving customers in 45 countries.
  • Chemicals: Grasim’s chemicals business offers a wide range of products, including chlorine derivatives and epoxy.
  • Textiles: Grasim operates four strategic business units (SBUs) in textiles, including linen spinning, linen fabric, wool combing, and worsted spinning. The company has played a crucial role in popularising linen in India through its ‘Linen Club’ brand.
  • Insulators: Grasim has a Composite Hallow Core Insulators (CHCI) plant, a joint venture with Maschinenfabrik Reinhausen GmbH of Germany, established in 2019.
  • Paints: Grasim plans to set up six manufacturing plants in India by 2025, with a total capacity of 1,332 MLPA, aiming to become a significant player in the decorative paints industry.
  • B2B e-Commerce: The Aditya Birla Group has launched Birla Pivot, the B2B e-Commerce business unit of Grasim Industries Ltd.

Subsidiaries

Grasim Industries and its subsidiaries are part of the larger Aditya Birla Group, a conglomerate with a significant presence in multiple industries, including cement, financial services, metals, textiles, and more. The subsidiaries of Grasim Limited include,

  • Ultratech Cement Ltd: Ultratech Cement is the largest manufacturer of grey cement, Ready Mix Concrete (RMC), and white cement in India. It is also a prominent player in the global cement industry, with a consolidated capacity of 119.95 Million Tonnes Per Annum (MTPA) of grey cement.
  • Aditya Birla Capital Limited (ABCL): ABCL is the holding company for the financial services businesses of the Aditya Birla Group. Its subsidiaries provide a wide range of financial solutions, including protection, investment, and financing, catering to diverse customer needs across various life stages.

Key Personnel

Mr. H K Agarwal, Managing Director

Mr. H K Agarwal currently serves as the Managing Director of Grasim Industries Limited, a prominent flagship company within the Aditya Birla Group (ABG). Additionally, he holds the position of Business Director for the Group’s global Pulp & Fibre Business, Birla Cellulose. His role also extends to being a Director of Aditya Birla Management Corp. Private Limited, the central corporate entity responsible for offering strategic direction and vision to the Group’s various companies.

Corporate Actions

Face Value Split

  • Grasim Industries Limited underwent a face value split from ₹10 to ₹2 on October 8, 2016.

Financial Performance

  • Grasim Industries Limited achieved significant milestones in the fiscal year 2022-23, with consolidated revenues exceeding ₹1 trillion. This marks a transformative era of growth for the company.
  • On a standalone basis, the company recorded revenues of ₹26,840 crore, surpassing $3 billion, which represents a remarkable 29% year-on-year growth compared to ₹20,857 crore in the previous fiscal year (2021-22).
  • The EBITDA registered a 2% year-on-year increase, reaching ₹4,198 crore, compared to ₹4,111 crore in FY21-22.
  • Reported PAT from continuing operations for FY 2022-23 amounted to ₹2,124 crore, down from ₹2,695 crore in FY 2021-22.
Parent Organisation Birla AV
Founded 1947
Managing Director Kumar Mangalam Birla
NSE Symbol GRASIM

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Grasim Industries FAQs

What is the Share price of Grasim Industries (GRASIM)?

Grasim Industries (GRASIM) share price as of April 15, 2024, on NSE is Rs 2,244.00 (NSE) and Rs 2,237.85 (BSE) on BSE.

Can I buy Grasim Industries (GRASIM) shares?

Yes, You can buy Grasim Industries (GRASIM) shares by opening a Demat account with Angel One.

How do I buy Grasim Industries (GRASIM) from Angel One?

Grasim Industries (GRASIM) share can be brought through the following modes:
  1. Direct investment: You can buy Grasim Industries (GRASIM) shares by opening a Demat account with Angel One.
  2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Grasim Industries (GRASIM) shares.

What is the total Asset of Grasim?

The total asset of Grasim is Rs. 289,149 Crores.

What is the main business of Grasim?

Grasim is the biggest manufacturer of linen, insulators, chlor-alkali, and viscose staple fibre in India.

Who are the promoters of Grasim?

The promoters of Grasim are Birla Group Holdings Private Limited, Igh Holdings Private Limited, Hindalco Industries Limited, Umang Commercial Company Private Limited, Pilani Investment And Industries Corporation Ltd. and P.T. Indo Bharat Rayon.

What are the Brands that comes under Grasim?

The brands that come under Grasim are UltraTech Cement Limited., Aditya Birla Capital Limited, Sun God Trading and Investment Limited, Samruddhi Swastik Trading and Investment Limited., Grasim Premium Fabrics Private Limited, ABNL Investment Limited, Aditya Birla Renewables Limited and Aditya Birla Solar Limited.