GRASIM

GRASIM INDUSTRIES

Large Cap BSE: 500300 NSE: GRASIM
₹1812.45
4.25 (0.24%)
  • Advice
  • Hold
As on 08 December, 2022 | 22:08

Grasim Industries Performance

Day Range

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52 Week Range

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Grasim Industries Share Price

Grasim Industries Share Returns

  • Over 1 Month 2.1%
  • Over 3 Month 2.41%
  • Over 6 Month 36.4%
  • Over 1 Year 5.61%

Grasim Industries Key Statistics

P/E Ratio 16
PEG Ratio 0.7
Market Cap Cr 119,332
Price to Book Ratio 1
EPS 45.4
Dividend 0.6
Relative Strength Index 63.59
Money Flow Index 70.23
MACD Signal 17.99
Average True Range 35.47

Grasim Industries Investment Rating

  • Master Rating:
  • Grasim Industries has an operating revenue of Rs. 108,740.71 Cr. on a trailing 12-month basis. An annual revenue growth of 25% is outstanding, Pre-tax margin of 13% is healthy, ROE of 9% is fair but needs improvement. The company has a debt to equity of 61%, which is bit higher. The stock from a technical standpoint is comfortably placed above its key moving averages, around 5% and 13% from 50DMA and 200DMA. It is currently FORMING a base in its weekly chart and is trading around 6% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 77 which is a FAIR score but needs to improve its earnings, a RS Rating of 61 which is FAIR indicating the recent price performance, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 52 indicates it belongs to a fair industry group of Bldg-Constr Prds/Misc and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Grasim Industries Financials
IndicatorSep 2022Jun 2022Mar 2022Dec 2021Sep 2021Jun 2021Mar 2021
Oper Rev Qtr Cr 6,7457,2536,3765,7854,9333,7634,394
Operating Expenses Qtr Cr 5,7895,9335,6244,8634,1323,0223,583
Operating Profit Qtr Cr 9571,320753922801740811
Depreciation Qtr Cr 266255283222207202215
Interest Qtr Cr 85878153555854
Tax Qtr Cr 309214-40619929499126
Net Profit Qtr Cr 9648091,068522979482480

Grasim Industries Technicals

EMA & SMA

Current Price
1812.45
4.25 (0.24%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 1763.36
  • 50 Day
  • 1725.85
  • 100 Day
  • 1678.48
  • 200 Day
  • 1629.26
  • 20 Day
  • 1747.95
  • 50 Day
  • 1718.78
  • 100 Day
  • 1671.84
  • 200 Day
  • 1595.01

Grasim Industries Resistance and Support

PIVOT
₹1815.9
Resistance
First Resistance 1831.8
Second Resistance 1855.4
Third Resistance 1871.3
RSI 63.59
MFI 70.23
MACD Single Line 17.99
MACD 26.94
Support
First Resistance 1792.3
Second Resistance 1776.4
Third Resistance 1752.8

Grasim Industries Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 346,236 12,627,227 36.47
Week 788,507 31,019,858 39.34
1 Month 822,516 33,920,549 41.24
6 Month 838,630 36,237,215 43.21

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. 20856.84 Cr. and Equity Capital is Rs. 131.66 Cr. for the Year ended 31/03/2022. 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 118,953
Sales 26,159
Shares in Float 37.53
No of funds 796
Yield 0.28
Book Value 2.45
U/D Vol ratio 1.1
LTDebt / Equity 6
Alpha
Beta 1.21

Grasim Industries

Owner NameSep-22Jun-22Mar-22Dec-21
Promoters 42.75%42.76%42.76%
Mutual Funds 4.18%5.09%4.28%
Insurance Companies 10.36%9.95%9.69%
Foreign Portfolio Investors 12.03%11.49%12.71%
Financial Institutions/ Banks 0.31%0.27%0.19%
Individual Investors 11.55%12.3%12.25%
Others 18.82%18.14%18.12%

Grasim Industries Management

Name Designation
Mr. Kumar Mangalam Birla Chairman
Mr. H K Agarwal Managing Director
Mrs. Rajashree Birla Non Executive Director
Mr. Shailendra K Jain Non Executive Director
Dr. Santrupt Misra Non Executive Director
Mr. Raj Kumar Non Executive Director
Mr. Cyril Shroff Independent Director
Dr. Thomas Connelly Jr Independent Director
Mr. 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

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
2022-11-14 Quarterly Results
2022-08-12 Quarterly Results
2022-05-24 Audited Results & Dividend
2022-02-14 Quarterly Results
2021-11-12 Quarterly Results (Revised) per share(310%)Dividend

Grasim Industries MF Shareholding

Name Amount(cr)
SBI Nifty 50 ETF 151468
HDFC Balanced Advantage Fund Growth 49709
UTI Nifty 50 Exchange Traded Fund 39494
ICICI Prudential Bluechip Fund Growth 34823
SBI Balanced Advantage Fund Regular Growth 23785

About Company

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.

Shareholding Pattern

As of March 2022, the promoter & promoter group holding was 42.76%, 12.71% are with FIIs, 14.42% with DIIs and 30.11% with others. A total of 54 mutual funds and 594 FII have invested in Grasim Industries Ltd. 

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

Top Line

After remaining almost constant for the last 3 years, the total revenue of Grasim Industries Ltd. grew to 97,418.54 Cr in 2022 from 78,057 Cr in 2019.

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%. The net income grew to 7,549.78 Cr in 2022 as compared to 1,692.99 Cr in 2019. 

Grasim Industries FAQs

What is Share Price of Grasim Industries ?

Grasim Industries share price is ₹1812 As on 08 December, 2022 | 21:54

What is the Market Cap of Grasim Industries ?

The Market Cap of Grasim Industries is ₹119332 Cr As on 08 December, 2022 | 21:54

What is the P/E ratio of Grasim Industries ?

The P/E ratio of Grasim Industries is 16 As on 08 December, 2022 | 21:54

What is the PB ratio of Grasim Industries ?

The PB ratio of Grasim Industries is 1 As on 08 December, 2022 | 21:54

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