High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
Past Returns: In past three years, the stock has provided 16.5% return compared to 9.3% by NIFTY 50.
Balance Sheet: Reasonably good balance sheet.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Size: It is among the top 200 market size companies of india.
Insider Trading: There's significant insider buying recently.
Growth: Good revenue growth. With 45.8% growth over past three years, the company is going strong.
Smart Money: Smart money has been increasing their position in the stock.
Momentum: Stock is suffering a negative price momentum. Stock is down -8.7% in last 30 days.
Valuation | |
|---|---|
| Market Cap | 1.75 LCr |
| Price/Earnings (Trailing) | 38.52 |
| Price/Sales (Trailing) | 1.03 |
| EV/EBITDA | 15.46 |
| Price/Free Cashflow | -5.68 |
| MarketCap/EBT | 13.27 |
| Enterprise Value | 3.73 LCr |
Fundamentals | |
|---|---|
| Revenue (TTM) | 1.7 LCr |
| Rev. Growth (Yr) | 26.8% |
| Earnings (TTM) | 9.47 kCr |
| Earnings Growth (Yr) | 21.1% |
Profitability | |
|---|---|
| Operating Margin | 8% |
| EBT Margin | 8% |
| Return on Equity | 5.84% |
| Return on Assets | 1.79% |
| Free Cashflow Yield | -17.62% |
Growth & Returns | |
|---|---|
| Price Change 1W | -3.2% |
| Price Change 1M | -8.7% |
| Price Change 6M | -8.1% |
| Price Change 1Y | -2% |
| 3Y Cumulative Return | 16.5% |
| 5Y Cumulative Return | 12.1% |
| 7Y Cumulative Return | 17.4% |
| 10Y Cumulative Return | 15.7% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -23.98 kCr |
| Cash Flow from Operations (TTM) | -17.17 kCr |
| Cash Flow from Financing (TTM) | 43.64 kCr |
| Cash & Equivalents | 4.75 kCr |
| Free Cash Flow (TTM) | -34.35 kCr |
| Free Cash Flow/Share (TTM) | -504.73 |
Balance Sheet | |
|---|---|
| Total Assets | 5.3 LCr |
| Total Liabilities | 3.68 LCr |
| Shareholder Equity | 1.62 LCr |
| Current Assets | 1.01 LCr |
| Current Liabilities | 1.1 LCr |
| Net PPE | 1.08 LCr |
| Inventory | 16.34 kCr |
| Goodwill | 21.48 kCr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.38 |
| Debt/Equity | 1.25 |
| Interest Coverage | 2.82 |
| Interest/Cashflow Ops | -4.89 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 10 |
| Dividend Yield | 0.36% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 3.4% |
Past Returns: In past three years, the stock has provided 16.5% return compared to 9.3% by NIFTY 50.
Balance Sheet: Reasonably good balance sheet.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Size: It is among the top 200 market size companies of india.
Insider Trading: There's significant insider buying recently.
Growth: Good revenue growth. With 45.8% growth over past three years, the company is going strong.
Smart Money: Smart money has been increasing their position in the stock.
Momentum: Stock is suffering a negative price momentum. Stock is down -8.7% in last 30 days.
Investor Care | |
|---|---|
| Dividend Yield | 0.36% |
| Dividend/Share (TTM) | 10 |
| Shares Dilution (1Y) | 0.00% |
| Earnings/Share (TTM) | 66.57 |
Financial Health | |
|---|---|
| Current Ratio | 0.91 |
| Debt/Equity | 1.25 |
Technical Indicators | |
|---|---|
| RSI (14d) | 38.93 |
| RSI (5d) | 55.98 |
| RSI (21d) | 35.34 |
| MACD Signal | Sell |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Sell |
| RSI Signal | Hold |
| RSI5 Signal | Hold |
| RSI21 Signal | Hold |
| SMA 5 Signal | Sell |
| SMA 10 Signal | Sell |
| SMA 20 Signal | Sell |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
Summary of Grasim Industries's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Management's outlook for Grasim Industries remains optimistic, highlighting resilience in demand and a strong market presence. As of the latest quarter ending December 31, 2025, the company reported a consolidated revenue of Rs.44,312 crores, reflecting a 25% year-on-year increase, with a nine-month revenue total of Rs.1,24,330 crores, up 19% year-on-year. Standalone revenue also reached a high of Rs.10,432 crores, growing by 28% year-on-year. Management emphasized that the performance is underpinned by growth across sectors including building materials, financial services, cellulose fibers, and chemicals.
Key forward-looking points provided by management include:
Birla Opus Paints: The company's paint business is experiencing accelerated growth, with sales volume rising by 70% YOY. Birla Opus aims to achieve Rs.10,000 crores in revenue by Q4 FY28, suggesting a focus on expanding market share from its current single-digit levels. Management highlighted that the brand now has a presence in over 10,400 towns, covering various population centers across India.
B2B E-Commerce (Birla Pivot): The B2B e-commerce business is on track to exceed an annual revenue run rate of Rs.8,500 crores, significantly ahead of FY27 guidance. Management anticipates achieving breakeven by FY27, underscoring strong execution and network effects in the procurement digitization space.
Chemicals and Renewables: The chemicals segment has shown robust growth, with caustic soda sales volumes reaching an all-time high of 313,000 tons. The renewable energy segment expects to increase its share to over 40% by FY27.
Price Increases: Management noted strategic price adjustments of 2% to 6% across products, asserting that such increases are primarily aimed at premiumizing the brand and testing market reactions rather than being a response to raw material cost pressures.
Overall, Grasim Industries is aligned with India's growth drivers, focused on infrastructure, housing, and urban development, while enhancing efficiency and sustainability across its operations.
Question 1: "Given the maturing growth rates in your paints business, how do you plan to achieve the Rs.10,000 crores target for FY28?"
Answer: "We are seeing robust growth with quarterly increases of around 18-20%. Our market share has grown by 300 basis points, and we have a strong pipeline of dealers and contractors. Our strategy includes expanding dealer networks and continuing to drive consumer demand, ensuring we're well-positioned to hit the FY28 target."
Question 2: "With the recent price increases of 2% to 6%, how do you expect to maintain growth?"
Answer: "The price increases are primarily to maintain a competitive gap with market leaders. We're testing the consumer response while also observing strong demand from our existing dealer network, ensuring that we maintain growth despite these adjustments."
Question 3: "Regarding Birla Pivot, can you share updates on profitability or breakeven expectations?"
Answer: "We anticipate reaching breakeven by FY27. We've made swift progress in scaling operations to support this goal, benefiting from our current revenue growth momentum."
Question 4: "What's your view on how volume and value will move in the paint industry next year?"
Answer: "We're optimistic about industry growth, projecting increases of 5-6% overall. We plan to minimize the volume-value gap by enhancing our premium offerings, aiming for a balanced growth trajectory."
Question 5: "Can you elaborate on the institutional versus retail business mix?"
Answer: "Our current mix is about 85% retail and 15% institutional, where institutional growth has been slower but is supported by a strong project pipeline that we aim to elevate to industry averages of 12-15%."
Question 6: "What is your policy on dealer performance with provided tinting machines?"
Answer: "We provide these machines free of charge. If dealers underperform, we monitor the situation closely, but our focus is on maintaining positive relationships with dealers who can deliver solid throughput."
Question 7: "When will you start sharing revenue and EBITDA figures for the paints business?"
Answer: "We expect to provide these figures soon, likely in the upcoming financial year, once all related inventory has been accounted for."
Analysis of Grasim Industries's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Dec 31, 2025
| Description | Share | Value |
|---|---|---|
| Building Material | 56.2% | 25.2 kCr |
| Financial Services | 26.7% | 11.9 kCr |
| Cellulosic Fibres | 9.6% | 4.3 kCr |
| Chemicals | 5.2% | 2.3 kCr |
| Others | 2.3% | 1 kCr |
| Total | 44.8 kCr |
Understand Grasim Industries ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| BIRLA GROUP HOLDINGS PRIVATE LIMITED | 23.18% |
| LIFE INSURANCE CORPORATION OF INDIA | 7.33% |
| IGH HOLDINGS PRIVATE LIMITED | 6.64% |
| HINDALCO INDUSTRIES LIMITED | 4.29% |
| PILANI INVESTMENT AND INDUSTRIES | 3.94% |
| P.T. Indo Bharat Rayon | 2.94% |
| CITIBANK N.A. NEW YORK, NYADR DEPARTMENT | 2.3% |
| SBI NIFTY 50 ETF | 1.43% |
| GAGANDEEP CREDIT CAPITAL PVT LTD | 1.41% |
| SHAMYAK INVESTMENT PRIVATE LIMITED | 1.4% |
| GOVERNMENT PENSION FUND GLOBAL | 1.28% |
| THELEME MASTER FUND LIMITED | 1.23% |
| NPS TRUST- A/C LIC PENSION FUND SCHEME - STATE GOV | 1.1% |
| SAMYAKTVA CONSTRUCTION LLP | 1.08% |
| Thai Rayon Public Company Limited | 0.7% |
| Anatole Investments Pte Ltd | 0.66% |
| KUMAR MANGALAM BIRLA | 0.26% |
| Qualified institutional Buyer | 0.25% |
| P T Sunrise Bumi Textiles | 0.19% |
| P T Elegant Textile Industry | 0.12% |
Distribution across major stakeholders
Distribution across major institutional holders
Detailed comparison of Grasim Industries against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| ULTRACEMCO | UltraTech Cement | 3.13 LCr | 86.37 kCr | -15.20% | -5.60% | 40.78 | 3.63 | - | - |
| AMBUJACEM | Ambuja Cements | 1.03 LCr | 40.8 kCr | -19.80% | -21.70% | 27.79 | 2.53 | - | - |
| SHREECEM | Shree Cements | 83.43 kCr | 21.09 kCr | -11.70% | -23.60% | 46.55 | 3.96 | - | - |
| ACC | ACC | 24.92 kCr | 25.11 kCr | -21.20% | -32.40% | 9.41 | 0.99 | - | - |
| TATACHEM | Tata Chemicals | 16.63 kCr | 14.97 kCr | -18.70% | -23.40% | 45.41 | 1.11 | - | - |
| BIRLACORPN | Birla Corp | 6.86 kCr | 9.76 kCr | -16.60% | -18.50% | 13.22 | 0.7 | - | - |
Comprehensive comparison against sector averages
GRASIM metrics compared to Cement
| Category | GRASIM | Cement |
|---|---|---|
| PE | 38.52 | 27.97 |
| PS | 1.03 | 1.94 |
| Growth | 20.1 % | 11.7 % |
Grasim Industries is a prominent company operating primarily in the Cement & Cement Products sector, holding the stock ticker GRASIM. With a substantial market capitalization of Rs. 187,391.2 Crores, the company is significant within the industry.
Grasim Industries Limited, along with its subsidiaries, engages in diverse areas such as fibre, yarn, pulp, chemicals, textiles, fertilizers, and insulators, serving both domestic and international markets.
The company is organized into several key segments:
Cellulosic Fibres: This segment provides cellulosic staple fibre and cellulosic fashion yarn.
Chemicals: Grasim’s Chemicals segment offers chlor-alkali products, including caustic soda and chlorine derivatives, alongside specialty chemicals like epoxy polymers and curing agents.
Building Materials: This segment is involved in producing grey and white cement-based products, ready-mix concrete, and decorative paints. Under the Birla Opus brand, it also provides painting services and operates Birla Pivot, a business-to-business e-commerce platform for building materials.
Financial Services: Grasim's financial offerings include non-banking financial services, housing finance, asset management, and health and life insurance along with advisory services.
Others: This segment covers a range of textile products and the manufacturing of ceramic and composite insulators. Additionally, the company has a notable presence in electricity generation, with a capacity of 894 MW from various renewable sources.
Founded in 1947 and based in Mumbai, India, Grasim Industries boasts a trailing 12-month revenue of Rs. 141,435.2 Crores and shares dividends with a yield of 0.82% per year. In the last year, it returned Rs. 20 dividend per share to its investors.
However, in recent years, the company has diluted its shareholders by 3.4% while experiencing a commendable revenue growth of 53.6% over the past three years.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
GRASIM vs Cement (2021 - 2026)