GRASIM

Grasim Industries Share Price

₹2,501.85 -24.35 (-0.96%)

25 Dec, 2024 10:20

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Performance

  • Low
  • ₹2,495
  • High
  • ₹2,542
  • 52 Week Low
  • ₹2,017
  • 52 Week High
  • ₹2,878
  • Open Price₹2,515
  • Previous Close₹2,526
  • Volume364,336

Investment Returns

  • Over 1 Month -3.73%
  • Over 3 Month -4.48%
  • Over 6 Month -0.53%
  • Over 1 Year + 22.75%
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Grasim Industries Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.

  • P/E Ratio
  • 37.4
  • PEG Ratio
  • -1.2
  • Market Cap Cr
  • 167,498
  • P/B Ratio
  • 1.2
  • Average True Range
  • 60.63
  • EPS
  • 74.39
  • Dividend Yield
  • 0.4
  • MACD Signal
  • -7.41
  • RSI
  • 36.37
  • MFI
  • 26.29

Grasim Industries Financials

Grasim Industries Technicals

EMA & SMA

Current Price
₹2,501.85
-24.35 (-0.96%)
pointer
  • stock-down_img
  • Bullish Moving Average 0
  • stock-up_img
  • Bearish Moving Average 16
  • 20 Day
  • ₹2,601.39
  • 50 Day
  • ₹2,628.04
  • 100 Day
  • ₹2,623.23
  • 200 Day
  • ₹2,523.46

Resistance and Support

2513.08 Pivot Speed
  • R3 2,578.57
  • R2 2,560.48
  • R1 2,531.17
  • S1 2,483.77
  • S2 2,465.68
  • S3 2,436.37

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Ratings

Master Rating

EPS Strenth

Price Strength

Buyer Demand

Group Rank

Grasim Industries Ltd., a flagship of the Aditya Birla Group, is a diversified leader in sectors like cellulosic fibres, chemicals, and cement. It recently ventured into decorative paints with Birla Opus and launched the B2B marketplace Birla Pivot.

Grasim Industries has an operating revenue of Rs. 137,116.21 Cr. on a trailing 12-month basis. An annual revenue growth of 9% is good, Pre-tax margin of 10% is healthy, ROE of 6% is fair but needs improvement. The company has a debt to equity of 97%, which is bit higher. The stock from a technical standpoint is trading below to its 50DMA and close to its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. It is currently FORMING a base in its weekly chart and is trading around 10% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 33 which is a POOR score indicating inconsistency in earnings, a RS Rating of 46 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C+ which is evident from recent supply seen, Group Rank of 154 indicates it belongs to a poor 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 poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation.

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Grasim Industries Corporate Actions - Bonus, Splits, Dividends

Date Purpose Remarks
2024-11-14 Quarterly Results
2024-08-09 Quarterly Results
2024-05-22 Audited Results & Final Dividend
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/-.

Grasim Industries F&O

Grasim Industries Shareholding Pattern

43.11%
7.02%
8.34%
13.78%
1.64%
10.83%
15.28%

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 3,000 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%.  

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  • NSE Symbol
  • GRASIM
  • BSE Symbol
  • 500300
  • Managing Director
  • Mr. Harikrishna Agarwal
  • ISIN
  • INE047A01021

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Grasim Industries FAQs

Grasim Industries share price is ₹2,501 As on 25 December, 2024 | 10:06

The Market Cap of Grasim Industries is ₹167498.2 Cr As on 25 December, 2024 | 10:06

The P/E ratio of Grasim Industries is 37.4 As on 25 December, 2024 | 10:06

The PB ratio of Grasim Industries is 1.2 As on 25 December, 2024 | 10:06

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.

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.

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

Dilip Gaur is the Managing Director of Grasim Industries Limited.

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Q2FY23