About
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, that include epoxy polymers and curing agents. The company also provides grey cement, white cement-based putty, and ready-mix concrete; and decorative paints comprising interior and exterior water- based paints, enamel paints, wood finishes, waterproofing solutions, and wallpapers 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, asset management, and health and life insurance, protection, investments, advisory, and value-added 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; manufactures and sells ceramic and composite insulators for transmission and distribution lines, sub-stations, power equipment, and railway electrification industries; and engages in generating clean energy using solar, wind, hybrid, and floating solar systems. The company was incorporated in 1947 and is based in Mumbai, India.
Key Metrics
as of Sep 2026Market Cap226,074 Cr
P/E39.40
Div Yield0.30 %
Book Value₹1,520.00
52w High₹3,412.00
52w Low₹2,502.00
Face Value₹2.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 48,716.00 | 51,101.00 | 44,312.00 | 39,900.00 | 40,118.00 | 44,267.00 | 35,378.00 | 34,223.00 | 34,610.00 | 37,727.00 | 31,965.00 | 30,221.00 | 31,065.00 |
| Expenses | 37,565.00 | 40,227.00 | 35,442.00 | 32,228.00 | 31,296.00 | 35,517.00 | 28,575.00 | 28,197.00 | 27,927.00 | 29,835.00 | 25,073.00 | 24,173.00 | 24,708.00 |
| Operating Profit | 11,152.00 | 10,874.00 | 8,870.00 | 7,671.00 | 8,822.00 | 8,750.00 | 6,804.00 | 6,026.00 | 6,682.00 | 7,892.00 | 6,893.00 | 6,048.00 | 6,357.00 |
| OPM % | 23.00 | 21.00 | 20.00 | 19.00 | 22.00 | 20.00 | 19.00 | 18.00 | 19.00 | 21.00 | 22.00 | 20.00 | 20.00 |
| Other Income | 318.00 | 143.00 | 65.00 | 406.00 | 376.00 | 485.00 | 382.00 | 403.00 | 247.00 | -48.00 | 256.00 | 285.00 | 296.00 |
| Depreciation | 1,988.00 | 2,042.00 | 1,975.00 | 1,899.00 | 1,810.00 | 1,831.00 | 1,608.00 | 1,572.00 | 1,443.00 | 1,329.00 | 1,244.00 | 1,245.00 | 1,183.00 |
| Interest | 4,298.00 | 4,015.00 | 3,909.00 | 3,669.00 | 3,551.00 | 3,407.00 | 3,270.00 | 3,027.00 | 2,795.00 | 2,586.00 | 2,433.00 | 2,226.00 | 2,032.00 |
| Profit before tax | 5,183.00 | 4,960.00 | 3,051.00 | 2,510.00 | 3,837.00 | 3,996.00 | 2,308.00 | 1,830.00 | 2,691.00 | 3,928.00 | 3,472.00 | 2,862.00 | 3,438.00 |
| Tax % | 26.00 | 26.00 | 27.00 | 40.00 | 28.00 | 26.00 | 25.00 | 46.00 | 23.00 | 31.00 | 25.00 | 29.00 | 25.00 |
| Net Profit | 3,846.00 | 3,684.00 | 2,233.00 | 1,498.00 | 2,771.00 | 2,973.00 | 1,734.00 | 983.00 | 2,066.00 | 2,722.00 | 2,603.00 | 2,024.00 | 2,576.00 |
| EPS in Rs | 31.53 | 27.86 | 15.23 | 8.13 | 20.87 | 21.98 | 12.45 | 4.78 | 16.33 | 20.80 | 22.25 | 17.10 | 23.17 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 175,431.00 | 148,478.00 | 130,978.00 | 117,627.00 | 95,701.00 | 76,404.00 | 68,252.00 | 77,200.00 | 55,894.00 | 36,068.00 | 34,487.00 | 31,734.00 |
| Expenses | 139,135.00 | 120,216.00 | 103,783.00 | 96,038.00 | 75,270.00 | 57,769.00 | 57,880.00 | 60,560.00 | 44,281.00 | 28,682.00 | 28,576.00 | 26,590.00 |
| Operating Profit | 36,296.00 | 28,262.00 | 27,195.00 | 21,589.00 | 20,431.00 | 18,635.00 | 10,373.00 | 16,640.00 | 11,612.00 | 7,387.00 | 5,911.00 | 5,144.00 |
| OPM % | 21.00 | 19.00 | 21.00 | 18.00 | 21.00 | 24.00 | 15.00 | 22.00 | 21.00 | 20.00 | 17.00 | 16.00 |
| Other Income | 1,047.00 | 1,517.00 | 783.00 | 3,733.00 | 1,648.00 | 1,130.00 | 7,076.00 | -1,846.00 | 410.00 | 1,076.00 | 1,320.00 | 530.00 |
| Interest | 15,144.00 | 12,500.00 | 9,277.00 | 6,044.00 | 4,776.00 | 5,723.00 | 6,890.00 | 6,060.00 | 3,663.00 | 702.00 | 718.00 | 667.00 |
| Depreciation | 7,726.00 | 6,454.00 | 5,001.00 | 4,552.00 | 4,161.00 | 4,033.00 | 4,004.00 | 3,571.00 | 2,724.00 | 1,808.00 | 1,834.00 | 1,563.00 |
| Profit before tax | 14,473.00 | 10,825.00 | 13,700.00 | 14,727.00 | 13,143.00 | 10,009.00 | 6,554.00 | 5,163.00 | 5,635.00 | 5,952.00 | 4,679.00 | 3,443.00 |
| Tax % | 29.00 | 28.00 | 28.00 | 25.00 | 15.00 | 30.00 | -1.00 | 47.00 | 35.00 | 29.00 | 26.00 | 30.00 |
| Net Profit | 10,300.00 | 7,756.00 | 9,926.00 | 11,078.00 | 11,206.00 | 6,987.00 | 6,639.00 | 2,745.00 | 3,688.00 | 4,246.00 | 3,455.00 | 2,582.00 |
| EPS in Rs | 72.98 | 54.46 | 85.42 | 100.33 | 110.96 | 63.30 | 64.90 | 24.91 | 39.43 | 65.64 | 51.15 | 36.75 |
| Dividend Payout % | 14.00 | 18.00 | 12.00 | 10.00 | 9.00 | 14.00 | 6.00 | 27.00 | 15.00 | 8.00 | 9.00 | 9.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 136.00 | 136.00 | 133.00 | 132.00 | 132.00 | 132.00 | 132.00 | 132.00 | 131.00 | 93.00 | 93.00 | 92.00 |
| Reserves | 103,334.00 | 97,373.00 | 88,520.00 | 78,610.00 | 75,567.00 | 65,362.00 | 56,501.00 | 57,888.00 | 57,230.00 | 31,294.00 | 27,336.00 | 23,048.00 |
| Borrowings | 227,853.00 | 186,326.00 | 137,155.00 | 103,039.00 | 74,744.00 | 79,078.00 | 84,777.00 | 84,487.00 | 67,070.00 | 9,213.00 | 12,505.00 | 11,930.00 |
| Other Liabilities | 237,811.00 | 216,206.00 | 186,309.00 | 155,042.00 | 138,706.00 | 122,777.00 | 102,772.00 | 98,620.00 | 83,467.00 | 22,147.00 | 19,642.00 | 18,963.00 |
| Total Liabilities | 569,134.00 | 500,040.00 | 412,116.00 | 336,823.00 | 289,149.00 | 267,349.00 | 244,181.00 | 241,127.00 | 207,899.00 | 62,747.00 | 59,576.00 | 54,033.00 |
| Fixed Assets | 149,452.00 | 141,148.00 | 100,494.00 | 94,896.00 | 88,996.00 | 85,023.00 | 87,736.00 | 87,129.00 | 69,257.00 | 34,786.00 | 34,271.00 | 31,828.00 |
| CWIP | 16,465.00 | 14,765.00 | 18,358.00 | 7,778.00 | 6,615.00 | 5,769.00 | 3,904.00 | 2,766.00 | 2,290.00 | 1,297.00 | 1,788.00 | 2,755.00 |
| Investments | 154,982.00 | 140,496.00 | 129,306.00 | 105,355.00 | 96,766.00 | 88,017.00 | 66,337.00 | 62,747.00 | 65,995.00 | 14,200.00 | 10,601.00 | 7,255.00 |
| Other Assets | 248,236.00 | 203,632.00 | 163,959.00 | 128,793.00 | 96,771.00 | 88,540.00 | 86,204.00 | 88,484.00 | 70,356.00 | 12,464.00 | 12,916.00 | 12,194.00 |
| Total Assets | 569,134.00 | 500,040.00 | 412,116.00 | 336,823.00 | 289,149.00 | 267,349.00 | 244,181.00 | 241,127.00 | 207,899.00 | 62,747.00 | 59,576.00 | 54,033.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -17,810.00 | -17,170.00 | -10,719.00 | -12,685.00 | 7,038.00 | 15,075.00 | 16,620.00 | -1,659.00 | -4,140.00 | 7,288.00 | 5,868.00 | 4,594.00 |
| Cash from Investing Activity | -17,798.00 | -23,313.00 | -23,114.00 | -13,712.00 | -1,053.00 | -7,146.00 | -11,364.00 | -2,212.00 | 1,546.00 | -3,509.00 | -4,515.00 | -2,359.00 |
| Cash from Financing Activity | 33,523.00 | 42,978.00 | 33,908.00 | 26,469.00 | -6,733.00 | -8,003.00 | -3,418.00 | 4,158.00 | 3,449.00 | -3,799.00 | -1,365.00 | -2,278.00 |
| Net Cash Flow | -2,085.00 | 2,495.00 | 75.00 | 72.00 | -748.00 | -75.00 | 1,838.00 | 287.00 | 856.00 | -20.00 | -11.00 | -42.00 |
| Free Cash Flow | -33,130.00 | -33,688.00 | -30,042.00 | -24,610.00 | -1,467.00 | 11,525.00 | 11,638.00 | -5,667.00 | -7,186.00 | 5,495.00 | 3,120.00 | 1,315.00 |
| CFO/OP % | -42.00 | -52.00 | -30.00 | -49.00 | 49.00 | 91.00 | 177.00 | 1.00 | -21.00 | 112.00 | 119.00 | 95.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 23.00 | 23.00 | 19.00 | 18.00 | 21.00 | 21.00 | 31.00 | 32.00 | 34.00 | 30.00 | 32.00 | 30.00 |
| Inventory Days | 130.00 | 179.00 | 194.00 | 180.00 | 200.00 | 179.00 | 179.00 | 154.00 | 170.00 | 163.00 | 168.00 | 207.00 |
| Days Payable | 152.00 | 177.00 | 221.00 | 216.00 | 239.00 | 229.00 | 172.00 | 133.00 | 146.00 | 117.00 | 97.00 | 102.00 |
| Cash Conversion Cycle | 1.00 | 25.00 | -7.00 | -17.00 | -18.00 | -29.00 | 38.00 | 53.00 | 58.00 | 76.00 | 103.00 | 136.00 |
| Working Capital Days | -81.00 | -105.00 | -91.00 | -75.00 | -88.00 | -103.00 | -84.00 | -47.00 | -95.00 | -19.00 | -56.00 | -44.00 |
| ROCE % | 8.00 | 8.00 | 9.00 | 10.00 | 9.00 | 9.00 | 8.00 | 8.00 | 10.00 | 13.00 | 11.00 | 9.00 |
Corporate Actions
33 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 07 Aug 2026 | 07 Aug 2026 | — | 10.00 | |
| Dividend | 12 Aug 2025 | 12 Aug 2025 | — | 10.00 | |
| Dividend | 06 Aug 2024 | — | — | 10.00 | |
| Rights | 10 Jan 2024 | 10 Jan 2024 | 6:179 | — | |
| Other | 10 Jan 2024 | 10 Jan 2024 | — | — | Right Issue of Equity Shares |
| Dividend | 11 Aug 2023 | — | — | 10.00 | |
| Dividend | 11 Aug 2022 | — | — | 5.00 | |
| Dividend | 12 Aug 2021 | — | — | 4.00 | NSE/BSE dividend mismatch: BSE/NSE=5.0; BSE/NSE=4.0 |
| Dividend | 12 Aug 2021 | — | — | 5.00 | NSE/BSE dividend mismatch: BSE/NSE=5.0; BSE/NSE=4.0 |
| Dividend | 26 Aug 2020 | — | — | 4.00 | |
| Dividend | 08 Aug 2019 | — | — | 7.00 | |
| Dividend | 31 Aug 2018 | — | — | 6.20 | |
| Dividend | 08 Sep 2017 | — | — | 5.50 | |
| Other | 19 Jul 2017 | 20 Jul 2017 | — | — | Spin Off |
| Other | 19 Jul 2017 | 20 Jul 2017 | — | — | Scheme Of Arrangement |
| Split | 06 Oct 2016 | 08 Oct 2016 | 10:2 | — | |
| Dividend | 07 Sep 2016 | — | — | 22.50 | |
| Dividend | 03 Sep 2015 | — | — | 18.00 | |
| Dividend | 20 Aug 2014 | — | — | 21.00 | |
| Dividend | 31 Jul 2013 | — | — | 22.50 | |
| Dividend | 27 Aug 2012 | — | — | 22.50 | |
| Dividend | 06 Sep 2011 | — | — | 20.00 | |
| Dividend | 10 Aug 2010 | — | — | 30.00 | |
| Other | 26 May 2010 | 28 May 2010 | — | — | Scheme of Arrangement |
| Dividend | 24 Jul 2009 | — | — | 30.00 | |
| Other | 24 Jul 2009 | — | — | — | Dividend-Rs.30/- Pr Share |
| Dividend | 22 Jul 2008 | — | — | 30.00 | |
| Other | 22 Jul 2008 | — | — | — | Dividend-Rs.30/- Pr Share |
| Other | 28 Jun 2007 | — | — | — | Agm |
| Dividend | 15 Mar 2007 | 19 Mar 2007 | — | 5.50 | |
| Dividend | 09 Aug 2006 | — | — | 20.00 | |
| Dividend | 29 Jun 2005 | — | — | 16.00 | |
| Dividend | 28 May 2001 | — | — | 8.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
-
Rating update22 Jul from care
-
Rating update22 Jul from crisil
-
Rating update6 Jul from care
-
Rating update26 Jun from fitch
-
Rating update1 Jun from icra
-
Rating update29 May from crisil
Conference Calls
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript