GRASIM

Grasim Industries Share Price Grasim Industries

₹2,231.5
-2.65 (-0.12%)
05 March, 2024 16:25 BSE: 500300 NSE: GRASIMISIN: INE047A01021

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Grasim Industries Performance

Day Range

  • Low 2,220
  • High 2,252
₹ 2,231

52 Week Range

  • Low 1,521
  • High 2,269
₹ 2,231
  • Open Price2,230
  • Previous Close2,234
  • Volume401260

Grasim Industries Share Price

  • Over 1 Month 4.21%
  • Over 3 Month 9.03%
  • Over 6 Month 21.58%
  • Over 1 Year 40.22%

Grasim Industries Key Statistics

P/E Ratio 26.3
PEG Ratio -0.8
Market Cap Cr 148,171
Price to Book Ratio 1.2
EPS 31.3
Dividend 0.4
Relative Strength Index 61.34
Money Flow Index 50.86
MACD Signal 29.06
Average True Range 53.64
Grasim Industries Financials
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 6,4006,4426,2386,646
Operating Expenses Qtr Cr 5,8785,8485,5646,220
Operating Profit Qtr Cr 523594673426
Depreciation Qtr Cr 296292288300
Interest Qtr Cr 107107106107
Tax Qtr Cr 31604142
Net Profit Qtr Cr 23679535594
IndicatorMar 2023
Total Revenue Annual Cr 27,858
Operating Expenses Annual Cr 23,660
Operating Profit Annual in Cr 3,180
Depreciation Cr 1,097
Interest Annual Cr 368
Tax Annual Cr 522
Net Profit Annual Cr 2,124
IndicatorMar 2023
Cash from Operating Activity Annual Cr 2,319
Cash from Investing Activity Annual Cr -2,190
Cash from Financing Annual Activity Cr -165
Net Cash Flow Annual Cr -36
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 46,955
Fixed Assets Annual Cr 19,145
Total Non Current Assets Annual Cr 51,458
Total Current Assets Annual Cr 10,720
Total Assets Annual Cr 62,177
IndicatorMar 2023
Book Value Per Share Annual Rs 713
ROE Annual % 5
ROCE Annual % 6
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 16
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 31,96530,22131,06533,462
Operating Expenses Qtr Cr 27,07225,99626,38028,810
Operating Profit Qtr Cr 4,8934,2254,6854,653
Depreciation Qtr Cr 1,2441,2451,1831,207
Interest Qtr Cr 433398361338
Tax Qtr Cr 8688388621,059
Net Profit Qtr Cr 1,5141,1641,5761,369
IndicatorMar 2023
Total Revenue Annual Cr 121,239
Operating Expenses Annual Cr 96,038
Operating Profit Annual in Cr 21,589
Depreciation Cr 4,552
Interest Annual Cr 6,044
Tax Annual Cr 3,649
Net Profit Annual Cr 6,827
IndicatorMar 2023
Cash from Operating Activity Annual Cr -12,685
Cash from Investing Activity Annual Cr -13,687
Cash from Financing Annual Activity Cr 26,469
Net Cash Flow Annual Cr 97
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 78,750
Fixed Assets Annual Cr 82,537
Total Non Current Assets Annual Cr 242,840
Total Current Assets Annual Cr 94,365
Total Assets Annual Cr 337,205
IndicatorMar 2023
Book Value Per Share Annual Rs 1,867
ROE Annual % 9
ROCE Annual % 8
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 21

Grasim Industries Technicals

EMA & SMA

Current Price
₹2,231.5
-2.65 (-0.12%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹2,177.25
  • 50 Day
  • ₹2,124.48
  • 100 Day
  • ₹2,057.31
  • 200 Day
  • ₹1,956.81
  • 20 Day
  • ₹2,163.67
  • 50 Day
  • ₹2,120.49
  • 100 Day
  • ₹2,048.09
  • 200 Day
  • ₹1,925.04

Grasim Industries Resistance and Support

PIVOT
₹2,240.15
Resistance
First Resistance 2,254.00
Second Resistance 2,273.85
Third Resistance 2,287.70
RSI 61.34
MFI 50.86
MACD Single Line 29.06
MACD 35.84
Support
First Resistance 2,220.30
Second Resistance 2,206.45
Third Resistance 2,186.60

Grasim Industries Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 437,503 24,447,668 55.88
Week 791,212 42,519,715 53.74
1 Month 1,131,075 48,342,147 42.74
6 Month 785,384 39,504,802 50.3

Grasim Industries Result Highlights

Grasim Industries Synopsis

NSE-Bldg-Constr Prds/Misc

Grasim Inds. is involved in the business activities of Manufacture of synthetic or artificial filament staple fibre not textured. Company’s Total Operating Revenue is Rs. 26839.71 Cr. and Equity Capital is Rs. 131.69 Cr. for the Year ended 31/03/2023. Grasim Industries Ltd. is a Public Limited Listed company incorporated on 25/08/1947 and has its registered office in the State of Madhya Pradesh, India. Company’s Corporate Identification Number(CIN) is L17124MP1947PLC000410 and registration number is 000410.
Market Cap 152,298
Sales 25,726
Shares in Float 37.85
No of funds 769
Yield 0.44
Book Value 3.13
U/D Vol ratio 1.3
LTDebt / Equity 9
Alpha 0.01
Beta 1.02

Grasim Industries

Owner NameFeb-24Dec-23Sep-23Jun-23
Promoters 43.06%42.75%42.75%42.75%
Mutual Funds 6.3%5.81%5.48%4.72%
Insurance Companies 8.24%8.67%9.18%9.83%
Foreign Portfolio Investors 12.43%12.52%12.17%12.29%
Financial Institutions/ Banks 1.68%0.16%1.6%0.38%
Individual Investors 11.08%11.13%11.19%11.3%
Others 17.21%18.96%17.63%18.73%

Grasim Industries Management

Name Designation
Mr. Kumar Mangalam Birla Chairman & Non-Exe.Director
Mr. Harikrishna Agarwal Managing Director
Mrs. Rajashree Birla Non Executive Director
Dr. Santrupt Misra Non Executive Director
Mr. Raj Kumar Non Executive Director
Mr. Cyril Shroff Independent Director
Dr. Thomas M Connelly Jr Independent Director
Ms. Anita Ramachandran Independent Director
Mr. N Mohan Raj Independent Director
Mrs. V Chandrasekaran Independent Director
Mr. N Mohanraj Independent Director
Mr. Adesh Kumar Gupta Independent Director
Ms. Ananyashree Birla Non Executive Director
Mr. Aryaman Vikram Birla Non Executive Director
Mr. Yazdi Piroj Dandiwala Independent Director

Grasim Industries Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Grasim Industries Corporate Action

Date Purpose Remarks
2024-02-08 Quarterly Results
2024-01-04 Others Inter alia, to consider and approve various matters in connection with the Rights issue, including the specific terms of the Rights issue. issue of equity shares of Rs. 2/- in the ratio of 6:179 @ premium of Rs. 1810/-.
2023-11-13 Quarterly Results
2023-10-16 Others Inter alia, to consider the proposal for raising of fund by way of equity shares or other securities through rights issue, qualified institutions placement, preferential issue or any other method. issue of equity shares of Rs. 2/- in the ratio of 6:179 @ premium of Rs. 1810/-.
2023-08-10 Quarterly Results

About Grasim Industries

Grasim Industries Limited is the flagship company of the Aditya Birla Group and is a highly diversified player. Its primary business involves producing viscose and cement, which make up over 90% of its revenue and operating profits. 

Over the years, it has forayed into several sectors. For instance, it is a leading global company in viscose staple fibre (VSF) and is the largest chemicals (Chlor-Alkali-s) player. Its subsidiary, UltraTech Cement, is the largest cement producer in the country. Aditya Birla Capital Capital is another subsidiary through which Grasim Industries has entered the financial services market. It is an NBFC which is into asset management and life insurance.

Today Grasim is an $11 billion conglomerate. It reported an increase of 25% in consolidated revenue in FY 22 at ₹95,701 Cr. Cr. and EBITDA of ₹17,772 Cr. The net profit for the year was 3,051.27 Cr.

History of Grasim Industries

Grasim Industries was founded in 1947, just ten days after independence. The vision of Mr G D Birla that the country would face an acute cotton shortage was the motivating factor behind its conception. The first unit started in Gwalior with the production of fabrics in 1950 using imported artificial rayon. Since then, the company has diversified into several other fields and set up new facilities across the country.

Grasim started the VSF production in 1954 and proceeded to set up the Engineering Division for plant and machinery for VSF in 1962. Their next set of expansions was the composite textile mill in 1963 in Harayana and Rayon production in 1968 in Kerala.

Their cement business started with Vikram Cement in 1985. In 1992, they set up Birla International Marketing Corporation and started Birla Consultancy & Software Services to provide IT consulting services and software development in 1993. 

Aditya Birla Financial Services Private Limited was incorporated in October 2007 under the Companies Act 1956 and received the certificate of registration from the Reserve Bank of India in May 2009 to commence the business as an NBFC. It was converted into a public limited company in 2014. It was rechristened as Aditya Birla Capital Limited in June 2017.

Corporate Social Responsibility Information

Grasim Industries Ltd.'s CSR activities are spearheaded by Ms Rajashree Birla through the Aditya Birla Centre for Community Initiatives and Rural Development. Under her leadership, the group works in over 7000 villages and has a reach of 9 million people. The group also runs 20 hospitals, has held five thousand medical camps and has helped ten lakh patients till now. The group runs 56 schools across India to provide quality education to children with limited resources.

The company's CSR initiatives focus on building a sustainable and better future for the country while also transforming the lives of rural and tribal communities. Under the 'We Care' philosophy of the Aditya Birla Group (ABG), Grasim's socio-economic interventions have helped transform the lives of communities, especially in rural and tribal belts.

As part of its CSR initiatives, Grasim Industries Ltd. recognises the need for environment protection & conservation and the social development of communities. 

Grasim's CSR projects focus on other areas such as education, healthcare, sustainable livelihood, infrastructure development and social reform. Grasim's agricultural interventions have encouraged farmers to switch from traditional to modern practices for better productivity.

Environmental Impact

As part of the sustainability initiatives of the company, Grasim has made its VSF unit at Nagda the lowest consumer of water globally. Moreover, the company has been able to reduce over 50% in water consumption by the pulp and fibre business. Grasim is also the first VSF Company to receive Gold Level Material Health Certificate by C2CPII, USA, for dope-dyed VSF.

Community Development

Grasim Industries Ltd. has been actively involved in building the community. It empowers more than 3000 women every year through self-help groups. The company has educated almost 49,061 students through schools, scholarships and adult education programmes. Grasim has also enabled 1,000,000 people by providing career guidance to local youth, upskilling local farmers and artisans and infrastructure development projects. 

Financial Information

Bottom Line

Over the last 5 years, the revenue of Grasim Industries Ltd. has grown at a yearly rate of 17.12%, vs industry avg of 11.44%.  

Grasim Industries FAQs

What is Share Price of Grasim Industries ?

Grasim Industries share price is ₹2,231 As on 05 March, 2024 | 16:11

What is the Market Cap of Grasim Industries ?

The Market Cap of Grasim Industries is ₹148170.9 Cr As on 05 March, 2024 | 16:11

What is the P/E ratio of Grasim Industries ?

The P/E ratio of Grasim Industries is 26.3 As on 05 March, 2024 | 16:11

What is the PB ratio of Grasim Industries ?

The PB ratio of Grasim Industries is 1.2 As on 05 March, 2024 | 16:11

What sector is Grasim Industries?

The Aditya Birla Group's flagship company, Grasim Industries, was founded on August 25, 1947. It is one of India's largest private-sector firms. Grasim began as a textile producer in 1948 and now operates in the areas of viscose staple fibre (VSF), cement, chemicals, and textiles.

Is Grasim Industries a good investment?

Grasim Industries has an operating revenue of INR 87,882.67 Cr. on a trailing 12-month basis. Annual revenue growth of 2% is not great, Pre-tax margin of 13% is healthy. Institutional holding has gone up in the last reported quarter is a positive sign. As per analysts rating in the last 6 months, the recommendation is to BUY Grasim Industries.

What is the ROE of Grasim Industries?

Grasim Industries has an ROE of 6% which is fair but needs improvement.

Who is the Managing Director of Grasim Industries Limited?

Dilip Gaur is the Managing Director of Grasim Industries Limited.

How to buy Grasim Industries Ltd. shares?

You can buy the shares of Grasim Industries Ltd. by registering at 5Paisa and setting up a Demat account in your name to start trading.

Q2FY23