GRASIM · NSE

Grasim Industries Limited

₹3,209.2

+1.14% (+₹36.1)

Prev. close

₹3,173.1

Volume

6,82,793

Delivery %

69.8%

As of

18 Sept 2026

Price history

Bullish

Chandan Taparia · Motilal Oswal Financial Services Ltd · 01 Sept 2026

Bullish on Grasim Industries, recommending a buy with a target price of ₹3,570 and a stop loss of ₹3,270. The stock is respecting its 20 DEMA and bouncing from it, indicating buying interest on dips. It has given a breakout over the last 8-10 sessions above ₹3,350, and sustaining this level could trigger fresh buying momentum.

Entry ₹3,336.6 (first trade after call)Target ₹3,570 (+7.0%)Stop ₹3,270 (-2.0%)R:R ~3.5:1Stopped out · 02 Sept 2026

Target ₹3,570PENDINGCall pageClear
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Chandan Taparia's call · 01 Sept 2026

Analyst sentiment

Analysts lean bullish

2 analyst stances · last 90 days · one per analyst

Trackable

2 · 2 bull / 0 neutral / 0 bear

Long-Horizon

none in window

Commentary

none in window

Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded

Bullish 100% (2)Neutral 0% (0)Bearish 0% (0)
Explore by date range →

Analyst opinions

CallAnalystInstrumentVerdictActions
Bullish on Grasim Industries, recommending a buy with a target price of ₹3,570 and a stop loss of ₹3,270. The stock is r…Chandan TapariaMotilal Oswal Financial Services LtdGrasim IndustriesPENDING
Bullish on Grasim Industries, recommending a buy with a target price of ₹3,570 and a stop loss of ₹3,270. The stock is respecting its 20 DEMA and bouncing from it, indicating buying interest on dips. It has given a breakout over the last 8-10 sessions above ₹3,350, and sustaining this level could trigger fresh buying momentum.
Trade setupTarget ₹3,570Track opinion →

This call hasn't reached its evaluation window yet — the verdict will appear here once it's graded.

Fundamentals

About Grasim Industries Limited

Grasim Industries Limited, together with its subsidiaries, primarily produces cellulosic fibres, diversified chemicals, fashion yarns, and fabrics in india and internationally. The company operates through Cellulosic Fibres, Chemicals, Building Materials, Financial Services, and Others segments. It offers cellulosic staple fibre; and cellulosic fashion yarn; chlor-alkali comprising caustic soda; chlorine derivatives; and specialty chemicals, such as epoxy polymers and curing agents. The company also provides grey cement, white cement-based putty, and ready-mix concrete; and decorative paints, including exterior and interior emulsions, waterproofing, textures and designer finishes, enamels, colorants, wallpapers, stainers and non-mechanized tools, and wood finishes under the Birla opus brand name. In addition, it operates Birla Pivot, a business-to-business e-commerce platform for building and construction materials; and offers non-banking financial services, housing finance, equity broking, wealth management, asset management and reconstruction, and health and life insurance services. Further, the company provides textile products, such as linen fabrics, wool tops and worsted yarn, and cotton fabrics under Linen Club, Cavallo, Soktas, and Giza House brands; and manufactures and sells ceramic and composite insulators for transmission and distribution lines, sub-stations, equipment, and railway industries, as well as engages in generating clean energy using solar, wind, hybrid, floating solar systems, and battery storage solutions. The company was incorporated in 1947 and is based in Mumbai, India.

Details

Sector

Basic Materials

Industry

Building Materials

CEO

Mr. Himanshu Kapania

Headquarters

Mumbai

Employees

28,259

Website

grasim.com

Key stats

Market cap

₹2.15 L Cr

P/E ratio (TTM)

37.9

Dividend yield

0.31%

EPS (TTM)

₹83.82

Beta (1Y · daily vs NIFTY 50)

1.11

Beta (5Y · monthly vs NIFTY 50)

1.18

Shares float

36.11 Cr

EPS · quarter ended Jun 2026

₹31.60

Upcoming earnings

05 Nov 2026

Financial Performance

01 · Financials

0 L Cr0.5 L Cr1 L Cr1.5 L Cr2 L Cr0%10%20%30%FY21FY22FY23FY24FY25FY26
RevenueNet incomeEBITDARevenue growth YoY

FY21 growth needs FY20 filings, which the data source doesn't provide.

02 · Earnings Per Share (EPS)

050100150FY21FY22FY23FY24FY25FY26

03 · Dividend Profile

035810-100%0%100%200%26 Aug 2012 Aug 2111 Aug 2211 Aug 2306 Aug 2412 Aug 2507 Aug 26
Dividend (₹/share)Annualised yieldAnnual dividend growth (FY)

Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based · pre-FY23 not filed in verifiable form

-50%0%50%100%FY21FY22FY23FY24FY25FY26
SalesFixed assetsReceivables (trade + unbilled)Inventory

05 · Capital Structure & Asset Utilization

Pre-FY23 not filed in verifiable form

0 L Cr2 L Cr4 L Cr6 L CrFY21FY22FY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

Pre-FY23 not filed in verifiable form

0 L Cr2 L Cr4 L Cr6 L CrFY21FY22FY23FY24FY25FY26
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

Pre-FY23 not filed in verifiable form

-2 L Cr0 L Cr2 L Cr4 L CrFY21FY22FY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹76,397.81 Cr₹95,701.13 Cr₹1.18 L Cr₹1.31 L Cr₹1.48 L Cr₹1.75 L Cr
EBITDA₹15,424.49 Cr₹17,703.30 Cr₹20,507.98 Cr₹20,267.17 Cr₹20,050.58 Cr₹25,633.17 Cr
₹4,304.82 Cr₹7,549.78 Cr₹6,827.26 Cr₹5,624.49 Cr₹3,705.68 Cr₹4,966.48 Cr
Diluted EPS₹65.49₹114.8₹103.88₹85.15₹55.5₹73.13

Net income for at least one year shown could not be independently verified against the company's own annual report — the two sources disagree for at least one overlapping year, so the year(s) this deck cannot verify are left blank rather than shown with an unverified number.

09 · Balance Sheet

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹2.68 L Cr₹2.89 L Cr₹3.37 L Cr₹4.12 L Cr₹5.00 L Cr₹5.69 L Cr
₹79,077.82 Cr₹74,560.79 Cr₹1.03 L Cr₹1.37 L Cr₹1.86 L Cr₹2.28 L Cr
Stockholders' equity₹65,494.06 Cr₹75,698.23 Cr₹78,741.99 Cr₹88,653.00 Cr₹97,509.00 Cr₹1.03 L Cr

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹14,700.88 Cr₹7,037.68 Cr₹-12,685.00 Cr₹-10,719.00 Cr₹-17,170.00 Cr₹-17,810.00 Cr
Investing cash flow₹-7,133.99 Cr₹-1,052.16 Cr₹-13,686.71 Cr₹-23,113.20 Cr₹-23,982.07 Cr₹-17,803.17 Cr
₹-8,013.54 Cr₹-6,733.09 Cr₹26,469.00 Cr₹33,908.00 Cr₹42,978.00 Cr₹33,523.00 Cr
Capital expenditure₹-3,651.04 Cr₹-8,652.45 Cr₹-12,036.00 Cr₹-19,485.00 Cr₹-17,181.00 Cr₹-15,626.00 Cr
End cash position₹2,988.74 Cr₹2,240.70 Cr₹2,312.56 Cr₹2,387.65 Cr₹4,882.70 Cr₹2,797.89 Cr

Debt issued, Debt repaid have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source has no quarterly cash-flow-statement coverage.

11 · Shareholding Pattern

NSE, quarterly

Line itemSep 21Dec 21Mar 22Jun 22Sep 22Dec 22Mar 23Jun 23(2Q)Sep 23Dec 23Feb 24Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Promoter42.26%42.54%42.76%42.76%42.75%42.75%42.75%42.75%42.75%43.06%43.06%43.06%43.11%43.11%43.11%43.11%43.11%43.22%43.74%43.74%
Public57.49%57.21%57.01%57.02%56.97%56.94%56.95%56.91%56.92%56.62%56.63%56.64%56.57%56.58%56.58%56.59%56.58%56.42%55.92%55.93%
Employee trusts0.26%0.25%0.23%0.22%0.28%0.31%0.30%0.35%0.33%0.32%0.31%0.30%0.31%0.31%0.30%0.30%0.31%0.36%0.34%0.34%

Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.

12 · Peer Comparison

Basic Materials

Company
UltraTech Cement Limited₹3.17 L Cr₹11,01436.94.1310.7%0.31+16.6%-12.8%
JSW Steel Limited₹3.06 L Cr₹1,275.612.43.0622.3%1.19+9.3%+13.8%
Hindustan Zinc Limited₹2.42 L Cr₹59614.210.6961.1%0.39+18.6%+31.0%
Asian Paints Limited₹2.35 L Cr₹2,451.349.311.0120.2%0.18+5.1%-1.1%
Tata Steel Limited₹2.28 L Cr₹187.2920.72.2310.6%0.90+6.2%+9.3%
Hindalco Industries Limited₹2.18 L Cr₹986.513.31.599.8%0.73+15.0%+31.5%
Grasim Industries Limited₹2.15 L Cr₹3,209.237.92.084.8%2.20+18.2%+11.5%
Solar Industries India Limited₹1.71 L Cr₹18,81586.127.2526.7%0.29+30.6%+27.0%
Vedanta Aluminium Metal Limited₹1.60 L Cr₹416.542.1
Pidilite Industries Limited₹1.58 L Cr₹1,572.159.814.5822.6%0.04+11.1%-48.5%
JINDAL STEEL LIMITED₹1.11 L Cr₹1,10341.12.196.6%0.44+5.5%+4.7%
Lloyds Metals And Energy Limited₹1.02 L Cr₹1,799.321.17.3526.5%1.49+153.9%+34.2%

Ranked by market cap within Basic Materials, same metrics as the Fundamentals screener. Click a column to sort.

Documents

Annual reports

Show all 30

Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.

Index membership

65 indices

NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.

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