Grasim Industries Ltd

BSE: GRASIM500300ISIN INE047A01021

Commodities
Cement & Cement Products
BSE 100

BSE listing

Share price

₹3,171.00-4.20 (-0.13%)

as of 18 Sep 2026

52W high: ₹3,412.30
52W low: ₹2,504.35
Off 52W high: -7.07%
1M return: -3.70%
3M return: +0.49%
6M return: +21.25%
1Y return: +10.17%
20D avg volume: 16,077
50 DMA: ₹3,222.62
200 DMA: ₹2,956.18

Key ratios Consolidated

Market cap: ₹2,15,799 Cr
Current price: ₹3,171.00
52W high / low: ₹3,412.30 / ₹2,504.35
Face value: ₹2.00
P/E: 18.96
P/B: —
EPS (TTM): ₹167.20
Book value / share: —
ROE: —
ROCE: 4.00%
Operating margin: —
Net margin: —
Debt / equity: 1.32
Net debt: ₹2,22,150 Cr
Interest cover: 5.03
Dividend yield: 0.32%
Dividend / share (TTM): ₹10.00
Payout: 5.98%
Cash conversion cycle: 14.5 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	48,716	51,101	44,312	39,900	40,118	44,267	34,793	33,563	33,861	37,727	31,965	30,221
	305.15	227.54	265.22	345.26	342.10	383.41	368.98	395.36	300.02	427.23	256.49	284.59
	43,851	46,282	41,270	37,796	36,657	40,756	32,724	31,993	31,249	33,750	28,749	27,639
	9,298	8,694	8,082	7,542	7,657	7,483	6,605	6,316	6,232	5,840	5,615	5,407
	3,378	3,670	2,879	2,409	2,151	2,050	1,691	1,260	1,120	1,110	620.97	767.61
	3,026	3,014	2,864	2,773	2,595	2,685	2,419	2,386	2,111	2,057	2,064	1,983
	918.90	922.11	932.56	869.02	816.23	821.42	698.54	580.81	480.57	463.30	432.64	397.80
	1,988	2,042	1,975	1,899	1,810	1,831	1,532	1,496	1,368	1,329	1,244	1,245
	25,871	27,562	24,480	22,325	21,941	25,676	4,804	4,856	4,551	4,633	4,320	4,068
	5,170	5,047	3,307	2,449	3,803	3,895	2,438	1,965	2,912	4,404	3,473	2,866
	-13.25	-84.61	-199.93	0.00	-38.38	-67.32	0.00	-83.45	32.50	-569.36	0.00	0.00
	5,157	4,962	3,107	2,449	3,765	3,828	2,438	1,882	2,944	3,835	3,473	2,866
	1,337	1,276	817.72	1,012	1,066	1,023	604.14	867.47	708.43	1,207	868.31	837.67
	3,846	3,802	2,233	1,498	2,767	2,973	1,844	1,100	2,268	2,722	2,603	2,024
	31.64	28.87	15.28	8.16	20.91	22.22	13.47	5.86	18.25	20.69	23.08	17.73
Key metrics
	8,064	7,926	6,015	5,217	6,392	6,480	4,668	3,958	4,792	5,627	5,150	4,509
	16.60%	15.50%	13.60%	13.10%	15.90%	14.60%	13.40%	11.80%	14.20%	14.90%	16.10%	14.90%
	7.90%	7.40%	5.00%	3.80%	6.90%	6.70%	5.30%	3.30%	6.70%	7.20%	8.10%	6.70%
	—	1.30%	—	0.80%	—	1.20%	—	—	—	—	—	—
	21.40%	15.40%	27.40%	18.90%	18.50%	17.30%	8.80%	11.10%	—	—	—	—
	39.00%	27.90%	21.10%	36.20%	22.00%	9.20%	-29.20%	-45.60%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17
Income statement
	1,84,029	1,75,431	1,48,478	1,30,978	1,17,627	95,701	76,398	77,625	72,971	57,338	40,247
	1,143	1,180	1,459	1,264	3,612	821.34	1,052	966.61	801.40	990.23	947.78
	1,69,199	1,62,005	1,39,170	1,18,062	1,06,633	84,207	67,526	71,125	65,993	51,531	35,372
	33,615	31,974	26,823	22,430	—	16,890	11,007	14,618	14,972	11,635	8,689
	12,336	11,109	5,858	3,157	—	1,405	898.44	1,470	1,507	1,060	624.41
	11,677	11,246	9,722	7,963	—	6,328	5,535	5,865	5,193	3,992	—
	3,643	3,540	2,802	1,655	—	1,296	1,809	2,338	1,781	—	702.40
	7,904	7,726	6,454	5,001	—	4,161	4,033	4,041	3,260	2,724	1,808
	1,00,238	96,307	88,325	16,710	—	12,521	10,039	11,027	8,947	7,417	5,055
	15,973	14,606	10,767	14,180	14,606	12,316	9,924	7,467	7,779	6,798	5,823
	-297.79	-322.92	-238.85	-569.36	-88.03	-69.11	-341.73	-1,382	-2,575	-432.85	0.00
	15,675	14,283	10,528	13,611	14,518	12,247	9,582	6,085	5,204	6,365	5,823
	4,443	4,172	3,069	3,774	3,649	1,936	3,022	30.65	2,457	1,947	1,707
	11,380	10,300	7,756	9,926	11,078	11,206	6,987	6,677	2,776	3,690	4,246
	83.95	73.21	55.57	85.29	103.98	108.16	62.88	67.42	26.96	—	—
Key metrics
	27,222	25,549	19,784	20,267	14,518	17,703	15,424	12,464	10,245	9,089	8,333
	14.79%	14.60%	13.30%	15.50%	12.30%	18.50%	20.20%	16.10%	14.00%	15.90%	20.70%
	6.18%	5.90%	5.20%	7.60%	9.40%	11.70%	9.10%	8.60%	3.80%	6.40%	10.50%
	—	4.00%	3.40%	—	—	—	—	—	—	—	—
	—	18.20%	13.40%	11.40%	22.90%	25.30%	-1.60%	6.40%	27.30%	42.50%	—
	—	32.80%	-21.90%	-10.40%	-1.10%	60.40%	4.60%	140.50%	-24.80%	-13.10%	—
	—	-33,436	-34,351	—	—	—	—	—	—	—	—
	—	-1.73	-2.21	—	—	—	—	—	—	—	—
	—	1.32	1.16	—	—	—	—	—	—	—	—
	—	2,22,150	1,78,766	—	—	—	—	—	—	—	—
	—	14.5	22.9	—	—	—	—	—	—	—	—
Balance sheet
	—	5,69,555	5,00,536	—	—	—	—	—	—	—	—
	—	1,13,066	93,472	—	—	—	—	—	—	—	—
	—	2,798	4,883	—	—	—	—	—	—	—	—
	—	10,970	9,159	—	—	—	—	—	—	—	—
	—	15,429	15,614	—	—	—	—	—	—	—	—
	—	5,275	4,564	—	—	—	—	—	—	—	—
	—	1,12,103	1,03,939	—	—	—	—	—	—	—	—
	—	19,435	15,438	—	—	—	—	—	—	—	—
	—	1,19,600	1,07,524	—	—	—	—	—	—	—	—
	—	2,24,948	1,83,649	—	—	—	—	—	—	—	—
	—	68,119	59,722	—	—	—	—	—	—	—	—
	—	1,56,829	1,23,927	—	—	—	—	—	—	—	—
	—	1,69,865	1,57,813	—	—	—	—	—	—	—	—
Cash flow
	—	-17,810	-17,170	—	—	—	—	—	—	—	—
	—	-17,803	-23,982	—	—	—	—	—	—	—	—
	—	33,523	43,643	—	—	—	—	—	—	—	—
	—	15,626	17,181	—	—	—	—	—	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	11,795	11,774	10,432	9,610	9,223	8,926	8,120	7,623	6,894	6,768	6,400	6,442
	143.97	118.95	105.85	1,419	143.70	226.92	101.50	1,294	93.13	260.26	120.16	760.32
	11,641	12,051	10,730	9,949	9,523	9,407	8,452	7,865	7,057	6,701	6,281	6,247
	5,187	4,635	4,415	4,166	4,227	3,956	3,840	3,749	3,467	3,004	3,114	3,060
	2,675	2,871	2,291	1,841	1,622	1,470	1,058	785.91	681.67	618.45	362.07	219.43
	786.30	745.79	785.71	765.76	700.18	721.02	689.68	652.73	589.62	488.25	586.92	533.08
	269.48	246.08	239.36	203.13	206.13	200.93	181.41	161.47	139.88	120.70	107.14	106.89
	526.64	570.99	538.60	501.66	478.50	500.78	421.08	405.78	348.57	339.01	296.45	291.85
	2,690	2,796	2,534	2,420	2,453	2,585	1,426	1,398	1,154	1,108	955.74	900.27
	297.51	-157.65	-192.88	1,081	-156.34	-254.24	-230.41	1,052	-70.22	327.13	239.07	955.17
	0.00	-81.86	-47.67	0.00	0.00	-114.00	—	-49.98	—	-715.60	—	—
	297.51	-239.51	-240.55	1,081	-156.34	-368.24	-230.41	1,002	-70.22	-388.47	239.07	955.17
	50.86	-75.97	-66.11	276.30	-38.16	-80.25	61.76	280.71	18.10	52.46	2.76	160.43
	246.65	-163.54	-174.44	804.55	-118.18	-287.99	-168.65	720.86	-52.12	-440.93	236.31	794.74
	3.64	-2.41	-2.57	11.86	-1.74	-4.28	-2.53	10.84	-0.79	-6.66	3.61	12.10
Key metrics
	1,094	577.56	537.41	1,786	528.29	333.47	372.08	1,569	418.23	71.24	642.66	1,354
	9.30%	4.90%	5.20%	18.60%	5.70%	3.70%	4.60%	20.60%	6.10%	1.10%	10.00%	21.00%
	2.10%	-1.40%	-1.70%	8.40%	-1.30%	-3.20%	-2.10%	9.50%	-0.80%	-6.50%	3.70%	12.30%
	—	0.00%	—	1.90%	—	-0.30%	—	—	—	—	—	—
	27.90%	31.90%	28.50%	26.10%	33.80%	31.90%	26.90%	18.30%	—	—	—	—
	308.70%	43.20%	-3.40%	11.60%	-126.70%	34.70%	-171.40%	-9.30%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17
Income statement
	43,611	41,039	31,563	25,847	26,840	20,857	12,386	18,609	20,550	16,035	11,253
	1,788	1,788	1,715	1,257	1,018	895.31	513.68	525.45	567.98	461.36	473.93
	44,371	42,253	32,782	25,187	25,125	18,802	11,886	17,449	17,439	13,710	9,602
	18,403	17,444	15,012	12,185	12,695	9,794	5,216	9,047	9,565	7,088	4,680
	9,678	8,625	3,995	1,426	466.22	152.90	56.45	310.85	267.35	170.48	59.68
	3,084	2,997	2,653	2,145	2,023	1,774	1,391	1,620	1,529	1,143	678.00
	958.05	894.70	683.69	440.42	367.67	247.24	235.95	303.85	199.05	128.13	57.62
	2,138	2,090	1,676	1,215	1,097	913.96	828.17	846.76	760.39	627.66	446.14
	10,441	10,203	9,588	3,843	3,992	3,023	1,809	2,491	2,232	1,709	1,007
	1,028	573.98	496.68	1,917	2,733	2,950	1,014	1,685	3,680	2,786	2,125
	-129.53	-129.53	-163.98	-715.60	-88.03	-69.11	-80.99	-294.08	-2,368	-272.61	—
	898.30	444.45	332.70	1,202	2,645	2,881	932.89	1,391	1,312	2,513	2,125
	185.08	96.06	120.60	256.17	521.51	185.71	122.44	121.35	796.39	744.48	564.94
	713.22	348.39	212.10	945.39	2,124	3,051	905.00	1,270	515.30	1,769	1,560
	10.52	5.14	3.18	14.34	32.34	41.05	12.34	19.35	7.84	—	—
Key metrics
	3,994	3,429	2,693	2,857	4,110	4,042	1,997	2,542	2,271	3,269	2,629
	9.16%	8.40%	8.50%	11.10%	15.30%	19.40%	16.10%	13.70%	11.10%	20.40%	23.40%
	1.64%	0.80%	0.70%	3.70%	7.90%	14.60%	7.30%	6.80%	2.50%	11.00%	13.90%
	—	2.00%	1.50%	—	—	—	—	—	—	—	—
	—	30.00%	22.10%	-3.70%	28.70%	68.40%	-33.40%	-9.40%	28.20%	42.50%	—
	—	64.30%	-77.60%	-55.50%	-30.40%	237.20%	-28.70%	146.40%	-70.90%	13.40%	—
	—	593.34	-3,860	—	—	—	—	—	—	—	—
	—	7.69	-0.12	—	—	—	—	—	—	—	—
	—	0.21	0.20	—	—	—	—	—	—	—	—
	—	11,703	11,086	—	—	—	—	—	—	—	—
	—	26.0	43.6	—	—	—	—	—	—	—	—
Balance sheet
	—	81,032	77,981	—	—	—	—	—	—	—	—
	—	15,815	14,704	—	—	—	—	—	—	—	—
	—	12.86	35.22	—	—	—	—	—	—	—	—
	—	3,212	2,554	—	—	—	—	—	—	—	—
	—	5,732	6,051	—	—	—	—	—	—	—	—
	—	1,864	1,673	—	—	—	—	—	—	—	—
	—	22,697	21,626	—	—	—	—	—	—	—	—
	—	6,024	4,831	—	—	—	—	—	—	—	—
	—	12,509	11,731	—	—	—	—	—	—	—	—
	—	11,715	11,121	—	—	—	—	—	—	—	—
	—	2,121	2,436	—	—	—	—	—	—	—	—
	—	9,594	8,686	—	—	—	—	—	—	—	—
	—	55,277	54,398	—	—	—	—	—	—	—	—
Cash flow
	—	2,681	-25.43	—	—	—	—	—	—	—	—
	—	-1,524	-2,883	—	—	—	—	—	—	—	—
	—	-1,179	2,896	—	—	—	—	—	—	—	—
	—	2,087	3,835	—	—	—	—	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +15.21%
Sales CAGR 5Y: +27.07%
Sales CAGR 10Y: —
Profit CAGR 3Y: -45.26%
Profit CAGR 5Y: -17.38%
Profit CAGR 10Y: —
Sales YoY (TTM): +28.67%
Profit YoY (TTM): +388.37%

Consolidated

Sales CAGR 3Y: +14.25%
Sales CAGR 5Y: +18.09%
Sales CAGR 10Y: —
Profit CAGR 3Y: -2.40%
Profit CAGR 5Y: +8.07%
Profit CAGR 10Y: —
Sales YoY (TTM): +20.48%
Profit YoY (TTM): +31.03%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Jun 2026

Promoter holding: 43.75%

Holder	Type	Holding	Previous	Change
Birla Group Holdings Private Limited	Promoter	23.18%	—	—
IGH Holdings Private Limited	Promoter Group	6.64%	—	—
Life Insurance Corporation of India	Public	6.59%	—	—
Pilani Investment and Industries	Promoter Group	4.46%	—	—
Hindalco Industries Limited	Promoter Group	4.29%	—	—
P.T. Indo Bharat Rayon	Promoter Group	2.94%	—	—
Citibank N.A. New York, NYADR Department	Public	2.53%	—	—
SBI Nifty 50 ETF	Public	1.60%	—	—
Gagandeep Credit Capital Pvt Ltd	Public	1.46%	—	—
NPS Trust A/c UTI Pension Fund Limited-Scheme Stat	Public	1.44%	—	—
Shamyak Investment Private Limited	Public	1.43%	—	—
Theleme Master Fund Limited	Public	1.17%	—	—
ICICI Prudential Nifty ETF	Public	1.01%	—	—
Thai Rayon Public Company Limited	Promoter Group	0.70%	—	—
Anatole Investments Pte Ltd	Promoter Group	0.66%	—	—

Public shareholders are disclosed individually only above 1%.

Filings & corporate actions

Recent announcements

Redemption of Commercial Paper18 Sep 2026 · Others / Intimation of Repayment of Commercial Paper (CP)
Update on Joint Venture18 Sep 2026 · Company Update / General
Repayment of Commercial Paper17 Sep 2026 · Others / Intimation of Repayment of Commercial Paper (CP)
Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 201512 Sep 2026 · Company Update / General
Repayment of Commercial Paper11 Sep 2026 · Others / Intimation of Repayment of Commercial Paper (CP)
Intimation of schedule of Analysts / Institutional Investor Meet9 Sep 2026 · Company Update / Analyst / Investor Meet
Corporate Dossier of Grasim Industries Limited3 Sep 2026 · Company Update / General
Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 201529 Aug 2026 · Company Update / General
Intimation of schedule of Analysts / Institutional Investor Meet28 Aug 2026 · Company Update / Analyst / Investor Meet
Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 201526 Aug 2026 · Company Update / General
Newspaper Advertisement regarding Special Window - Re - Lodgement for Transfer and Dematerialisation of Physical Securities24 Aug 2026 · Company Update / Newspaper Publication
Appointment of Joint Statutory Auditor for a term of 5 consecutive years22 Aug 2026 · Company Update / Appointment of Statutory Auditor/s
Scrutinizer''s Report and Voting Results of the 79th Annual General Meeting of the Company22 Aug 2026 · AGM/EGM / AGM
Incorporation of UHG Holdings IFSC Private Limited21 Aug 2026 · Company Update / Acquisition
Proceedings of the 79th Annual General Meeting held on 21st August 202621 Aug 2026 · AGM/EGM / AGM
Chairman Speech at the 79th Annual General Meeting of the Company21 Aug 2026 · Company Update / General
Repayment of Commercial Paper18 Aug 2026 · Others / Intimation of Repayment of Commercial Paper (CP)
Transcript of Conference Call on the Unaudited Financial Results (Standalone & Consolidated) for the quarter ended 30th June 202617 Aug 2026 · Company Update / Earnings Call Transcript
Intimation under Regulations 33 and 47 of SEBI (LODR) Regulations, 201513 Aug 2026 · Company Update / Newspaper Publication
Audio Recording - Earnings Call12 Aug 2026 · Company Update / Analyst / Investor Meet
Grant of Stock Options - Grasim Industries Limited Employee Stock Option and Performance Stock Unit Scheme 202212 Aug 2026 · Company Update / General
Monitoring Agency Report for the quarter ended 30th June 202612 Aug 2026 · Company Update / Monitoring Agency Report
Presentation on Unaudited Financial Results (Standalone & Consolidated) for the quarter ended 30th June 202612 Aug 2026 · Company Update / Investor Presentation
Press Release on the Unaudited Financial Results (Standalone & Consolidated) for the quarter ended 30th June 202612 Aug 2026 · Company Update / Press Release / Media Release
Unaudited Financial Results (Standalone & Consolidated) for the quarter ended 30th June 202612 Aug 2026 · Result / Financial Results
Unaudited Financial Results (Standalone & Consolidated) for the quarter ended 30th June 202612 Aug 2026 · Board Meeting / Outcome of Board Meeting
Intimation of schedule of Analysts / Institutional Investor Meet11 Aug 2026 · Company Update / Analyst / Investor Meet
Commencement of commercial production of CPVC Resin Plant at Vilayat, Gujarat in collaboration with Lubrizol Advanced Materials India Private Limited11 Aug 2026 · Company Update / General
Newspaper Advertisement - Public Notice Regarding Loss of Share Certificate.7 Aug 2026 · Company Update / Newspaper Publication
Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 20156 Aug 2026 · Company Update / General
Repayment of Commercial Paper6 Aug 2026 · Others / Intimation of Repayment of Commercial Paper (CP)
Intimation of schedule of Analysts / Institutional Investor Meet29 Jul 2026 · Company Update / Analyst / Investor Meet
Grasim Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2026 ,inter alia, to consider and approve the Unaudited Financial Results ....29 Jul 2026 · Board Meeting / Board Meeting
Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 201528 Jul 2026 · Company Update / General
Repayment of Commercial Paper28 Jul 2026 · Others / Intimation of Repayment of Commercial Paper (CP)
Newspaper Advertisement regarding 79th Annual General Meeting of the Company21 Jul 2026 · Company Update / Newspaper Publication
Letter to Shareholders pursuant to Regulations 30 and 36(1)(b) of the SEBI (Listing Obligations & Disclosure Requirements), Regulations, 201520 Jul 2026 · Company Update / General
Letter to Shareholders for KYC updation17 Jul 2026 · Company Update / General
Business Responsibility and Sustainability Report for the financial year ended 2025-2616 Jul 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Notice of the 79th Annual General Meeting of the Company16 Jul 2026 · AGM/EGM / AGM

Corporate actions

Purpose	Ex date	Record date	Payment date
Dividend - Rs. - 10.0000	7 Aug 2026	7 Aug 2026	—
Dividend - Rs. - 10.0000	12 Aug 2025	12 Aug 2025	—
Final Dividend - Rs. - 10.0000	6 Aug 2024	—	—

Board meetings

12 Aug 2026 Board Meeting - Financial Results