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Grasim Industries Limited is the flagship company of the Aditya Birla group, it ranks amongst India's largest private sector companies. On standalone basis, GIL’s core businesses comprise of viscose Staple fibre (VSF), caustic soda, speciality chemicals, rayon-grade wood pulp (RGWP) with plants at multiple locations. It also has certain other businesses such as fertiliser, textile, etc.[1]
Business SegmentsGrasim, the flagship company of the Aditya Birla Group,ranks amongst the top publicly listed companies in India, with a presence across various businesses:[1]
| S.No. | Name | Current Price (Rs.) | Price to Earning | Market Capitalization (Rs.Cr.) | Dividend yield (%) | Net Profit latest quarter (Rs.Cr.) | YOY Quarterly profit growth (%) | Sales latest quarter (Rs.Cr.) | YOY Quarterly sales growth (%) | Return on capital employed (%) | Sales (Rs.Cr.) | OPM (%) | Profit after tax (Rs.Cr.) | Profit after tax latest quarter (Rs.Cr.) | Price to book value | Return on assets (%) | Debt to equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | UltraTech Cem. | 11608.00 | 46.61 | 341864.50 | 0.67 | 1237.98 | 75.23 | 19606.93 | 20.33 | 10.89 | 81724.53 | 18.35 | 7334.75 | 1231.58 | 4.75 | 5.19 | 0.35 |
| 2. | Grasim Inds | 2730.40 | 540.97 | 185949.31 | 0.37 | 804.55 | 6.31 | 9610.34 | 26.06 | 1.52 | 35879.50 | 3.46 | 343.73 | 804.55 | 3.38 | 0.24 | 0.24 |
| 3. | Ambuja Cements | 536.90 | 23.08 | 132637.87 | 0.37 | 2302.28 | 233.64 | 9174.49 | 21.48 | 10.50 | 38772.67 | 18.83 | 5746.21 | 1935.75 | 2.36 | 7.02 | 0.02 |
| 4. | Shree Cement | 26450.00 | 55.52 | 95439.75 | 0.42 | 309.82 | 303.60 | 4761.07 | 17.44 | 6.71 | 20146.65 | 23.33 | 1718.89 | 308.51 | 4.25 | 3.97 | 0.10 |
| 5. | J K Cements | 5618.50 | 41.96 | 43424.58 | 0.27 | 159.25 | 275.56 | 3019.20 | 17.93 | 13.99 | 12883.19 | 18.56 | 1034.93 | 160.53 | 6.70 | 5.11 | 1.00 |
| 6. | Dalmia BharatLtd | 1990.30 | 33.58 | 37373.49 | 0.45 | 239.00 | 413.04 | 3417.00 | 10.69 | 5.58 | 14325.00 | 20.13 | 1112.86 | 236.00 | 2.11 | 2.48 | 0.40 |
| 7. | ACC | 1815.20 | 10.56 | 34103.82 | 0.41 | 1119.26 | 401.44 | 5931.67 | 27.99 | 17.44 | 24060.83 | 14.84 | 3230.72 | 1119.23 | 1.71 | 9.46 | 0.02 |
| – | Median: 34 Co. | 188.24 | 32.07 | 3025.13 | 0.24 | 19.92 | 119.45 | 601.69 | 17.41 | 5.42 | 2503.97 | 11.29 | 65.69 | 22.52 | 2.39 | 1.08 | 0.55 |
Standalone figures in ₹ crores
| Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 6,196 | 6,646 | 6,238 | 6,442 | 6,400 | 6,768 | 6,894 | 7,623 | 8,120 | 8,926 | 9,223 | 9,610 |
Expenses | 5,719 | 6,220 | 5,564 | 5,848 | 5,878 | 6,241 | 6,569 | 7,298 | 7,850 | 8,705 | 8,839 | 9,244 |
Operating Profit | 477 | 426 | 673 | 594 | 522 | 527 | 325 | 325 | 271 | 221 | 385 | 366 |
Other Income | 103 | 116 | 116 | 760 | 120 | -455 | 93 | 1,244 | 102 | 113 | 144 | 1,419 |
Profit before tax | 215 | 135 | 396 | 955 | 239 | -388 | -70 | 1,002 | -230 | -368 | -156 | 1,081 |
Tax % | -20% | 31% | 10% | 17% | 1% | 14% | -26% | 28% | -27% | -22% | -24% | 26% |
Net Profit | 257 | 94 | 355 | 795 | 236 | -441 | -52 | 721 | -169 | -288 | -118 | 805 |
EPS in Rs | 3.78 | 1.37 | 5.22 | 11.68 | 3.47 | -6.70 | -0.79 | 10.95 | -2.56 | -4.23 | -1.74 | 11.82 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 5,567 | 6,300 | 8,969 | 10,346 | 15,786 | 20,550 | 16,082 | 12,386 | 20,857 | 26,840 | 25,847 | 31,563 | 35,880 |
Expenses | 4,706 | 5,635 | 7,473 | 8,189 | 12,696 | 16,479 | 13,946 | 10,822 | 17,641 | 23,649 | 23,531 | 30,402 | 34,638 |
Operating Profit | 861 | 665 | 1,496 | 2,157 | 3,090 | 4,071 | 2,135 | 1,564 | 3,216 | 3,190 | 2,316 | 1,161 | 1,242 |
Other Income | 385 | 322 | 326 | 472 | 179 | -1,800 | 270 | 527 | 1,182 | 920 | 541 | 1,531 | 1,778 |
Interest | 42 | 39 | 147 | 58 | 128 | 199 | 238 | 236 | 247 | 368 | 440 | 684 | 792 |
Depreciation | 220 | 263 | 445 | 446 | 628 | 760 | 814 | 828 | 914 | 1,097 | 1,215 | 1,676 | 1,902 |
Profit before tax | 985 | 685 | 1,230 | 2,125 | 2,513 | 1,312 | 1,354 | 1,027 | 3,237 | 2,645 | 1,202 | 333 | 326 |
Net Profit | 896 | 530 | 971 | 1,560 | 1,769 | 515 | 1,288 | 905 | 3,051 | 2,124 | 945 | 212 | 230 |
EPS in Rs | 18.88 | 11.17 | 20.12 | 32.33 | 26.03 | 7.58 | 18.95 | 13.31 | 44.85 | 31.21 | 14.36 | 3.12 | 3.29 |
Dividend Payout % | 22% | 31% | 22% | 16% | 23% | 89% | 20% | 65% | 22% | 31% | 70% | 321% | – |
Standalone figures in ₹ crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 92 | 92 | 93 | 93 | 131 | 132 | 132 | 132 | 132 | 132 | 133 | 136 | 136 |
Reserves | 10,736 | 11,091 | 13,778 | 16,138 | 44,658 | 41,828 | 37,560 | 42,816 | 48,484 | 46,823 | 51,982 | 54,262 | 54,878 |
Borrowings | 1,302 | 1,115 | 1,839 | 701 | 2,969 | 3,311 | 5,158 | 4,223 | 4,384 | 5,352 | 9,729 | 11,863 | 12,946 |
Other Liabilities | 1,748 | 2,067 | 2,085 | 2,919 | 5,959 | 6,524 | 6,729 | 7,529 | 9,636 | 9,871 | 12,294 | 11,720 | 12,290 |
Total Liabilities | 13,878 | 14,365 | 17,796 | 19,851 | 53,718 | 51,794 | 49,579 | 54,700 | 62,636 | 62,177 | 74,138 | 77,981 | 80,251 |
Fixed Assets | 3,548 | 5,188 | 6,963 | 6,887 | 10,817 | 11,232 | 12,234 | 10,966 | 14,858 | 16,220 | 17,105 | 23,730 | 23,527 |
Gross Block | 5,448 | 7,334 | 7,795 | 8,155 | 12,729 | 13,832 | 15,660 | 14,958 | 19,683 | 22,048 | 24,028 | 32,149 | – |
Accumulated Depreciation | 1,900 | 2,146 | 832 | 1,268 | 1,912 | 2,600 | 3,426 | 3,991 | 4,825 | 5,828 | 6,923 | 8,418 | – |
CWIP | 1,807 | 450 | 318 | 375 | 745 | 1,567 | 2,793 | 4,033 | 1,743 | 2,926 | 7,131 | 2,785 | 3,116 |
Investments | 5,604 | 5,350 | 7,100 | 8,996 | 35,547 | 31,128 | 27,542 | 33,640 | 38,691 | 33,897 | 39,212 | 39,635 | 41,665 |
Other Assets | 2,919 | 3,377 | 3,416 | 3,592 | 6,609 | 7,867 | 7,009 | 6,060 | 7,345 | 9,135 | 10,689 | 11,830 | 11,943 |
Total Assets | 13,878 | 14,365 | 17,796 | 19,851 | 53,718 | 51,794 | 49,579 | 54,700 | 62,636 | 62,177 | 74,138 | 77,981 | 80,251 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operating Activity | 62 | 448 | 1,341 | 2,259 | 2,353 | 2,556 | 3,315 | 2,402 | 2,656 | 2,319 | 1,778 | -25 |
Cash from Investing Activity | 221 | 27 | -697 | -844 | -1,910 | -2,263 | -4,277 | -875 | -1,896 | -2,190 | -5,586 | -2,883 |
Cash from Financing Activity | -274 | -448 | -663 | -1,404 | -451 | -299 | 993 | -1,509 | -777 | -165 | 3,840 | 2,896 |
Net Cash Flow | 10 | 27 | -19 | 12 | -9 | -7 | 31 | 18 | -17 | -36 | 32 | -13 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 40 | 40 | 40 | 42 | 60 | 62 | 66 | 39 | 30 | 22 | 28 | 30 |
Inventory Days | 149 | 146 | 132 | 131 | 129 | 110 | 131 | 143 | 153 | 127 | 141 | 121 |
Days Payable | 55 | 49 | 49 | 84 | 113 | 89 | 132 | 174 | 180 | 133 | 148 | 97 |
Cash Conversion Cycle | 134 | 137 | 124 | 89 | 77 | 83 | 65 | 8 | 2 | 16 | 21 | 54 |
Working Capital Days | 58 | 68 | 16 | 27 | -1 | 10 | -25 | -65 | -42 | -28 | -37 | -11 |
ROCE % | 8% | 5% | 10% | 13% | 9% | 8% | 4% | 2% | 6% | 6% | 4% | 2% |
Direct from BSE filings, auto-summarised
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