Grasim Industries Ltd
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.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockRule-based from financial data. Not advice.
Historically, Apr has averaged the highest return (+5.3%); Feb the lowest (-3.3%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.4%Neutral MonthJan 2026: -0.39% | -0.7%Neutral MonthFeb 2026: -0.67% | -8.7%Negative MonthMar 2026: -8.74% | +9.3%Positive MonthApr 2026: +9.28% | +13.0%Positive MonthMay 2026: +13.00% | -1.7%Neutral MonthJun 2026: -1.74% | -0.0%Neutral MonthJul 2026: -0.00% | +6.0%*Positive MonthAug 2026: +6.01% | β | β | β | β |
| 2025 | +2.6%Positive MonthJan 2025: +2.62% | -8.1%Negative MonthFeb 2025: -8.12% | +13.4%Positive MonthMar 2025: +13.35% | +4.7%Positive MonthApr 2025: +4.68% | -7.0%Negative MonthMay 2025: -6.96% | +11.8%Positive MonthJun 2025: +11.84% | -3.5%Negative MonthJul 2025: -3.48% | +0.9%Neutral MonthAug 2025: +0.90% | -0.6%Neutral MonthSep 2025: -0.56% | +4.9%Positive MonthOct 2025: +4.95% | -5.3%Negative MonthNov 2025: -5.31% | +3.3%Positive MonthDec 2025: +3.29% |
| 2024 | +1.9%Neutral MonthJan 2024: +1.90% | +0.7%Neutral MonthFeb 2024: +0.74% | +4.4%Positive MonthMar 2024: +4.45% | +5.3%Positive MonthApr 2024: +5.34% | -3.8%Negative MonthMay 2024: -3.78% | +15.1%Positive MonthJun 2024: +15.07% | +4.1%Positive MonthJul 2024: +4.07% | -3.0%Negative MonthAug 2024: -3.00% | +3.8%Positive MonthSep 2024: +3.83% | -3.7%Negative MonthOct 2024: -3.70% | -3.2%Negative MonthNov 2024: -3.25% | -6.2%Negative MonthDec 2024: -6.19% |
| 2023 | -7.8%Negative MonthJan 2023: -7.85% | -0.8%Neutral MonthFeb 2023: -0.80% | +3.5%Positive MonthMar 2023: +3.47% | +5.4%Positive MonthApr 2023: +5.39% | -0.3%Neutral MonthMay 2023: -0.30% | +1.1%Neutral MonthJun 2023: +1.09% | +5.2%Positive MonthJul 2023: +5.17% | -1.7%Neutral MonthAug 2023: -1.69% | +8.3%Positive MonthSep 2023: +8.27% | -2.8%Negative MonthOct 2023: -2.82% | +6.3%Positive MonthNov 2023: +6.27% | +6.5%Positive MonthDec 2023: +6.46% |
| 2022 | +6.5%Positive MonthJan 2022: +6.49% | -7.4%Negative MonthFeb 2022: -7.44% | +4.1%Positive MonthMar 2022: +4.11% | +1.6%Neutral MonthApr 2022: +1.64% | -15.6%Negative MonthMay 2022: -15.63% | -7.4%Negative MonthJun 2022: -7.44% | +19.0%Positive MonthJul 2022: +19.04% | +6.7%Positive MonthAug 2022: +6.73% | -0.2%Neutral MonthSep 2022: -0.22% | +2.8%Positive MonthOct 2022: +2.84% | +2.0%Positive MonthNov 2022: +2.04% | -1.8%Neutral MonthDec 2022: -1.82% |
| 2021 | β | β | β | β | β | +3.3%Positive MonthJun 2021: +3.33% | +2.1%Positive MonthJul 2021: +2.06% | -3.3%Negative MonthAug 2021: -3.26% | +11.2%Positive MonthSep 2021: +11.21% | +3.1%Positive MonthOct 2021: +3.11% | -3.4%Negative MonthNov 2021: -3.37% | -2.4%Negative MonthDec 2021: -2.42% |
| AvgΒ±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation β the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position β all Januaries together, all Februaries together, and so on β to show whether a given month has leaned positive or negative historically. βSimpleβ counts each month as +1 or β1. βWeightedβ gives larger moves more influence: +2 above +10%, β2 below β10%. With only 6 years of history for this asset, each monthβs score reflects a small number of observations β read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the assetβs full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each dayβs closing price by the price on January 1st of that year (or the assetβs first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen β at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in βAverage fromβ, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ31.56 K Cr | β | βΉ212.00 Cr | β | β | 0.4% | 22.1% | -77.6% |
| Mar 2024 | βΉ25.85 K Cr | β | βΉ945.00 Cr | β | β | 1.8% | -3.7% | -55.5% |
| Mar 2023 | βΉ26.84 K Cr | β | βΉ2.12 K Cr | β | β | 4.5% | 28.7% | -30.4% |
| Mar 2022 | βΉ20.86 K Cr | β | βΉ3.05 K Cr | β | β | 6.3% | 68.4% | 237.1% |
| Mar 2021 | βΉ12.39 K Cr | β | βΉ905.00 Cr | β | β | 2.1% | -23.0% | -29.7% |
| Mar 2020 | βΉ16.08 K Cr | β | βΉ1.29 K Cr | β | β | 3.4% | -21.7% | 150.1% |
| Mar 2019 | βΉ20.55 K Cr | β | βΉ515.00 Cr | β | β | 1.2% | 30.2% | -70.9% |
| Mar 2018 | βΉ15.79 K Cr | β | βΉ1.77 K Cr | β | β | 3.9% | 52.6% | 13.4% |
| Mar 2017 | βΉ10.35 K Cr | β | βΉ1.56 K Cr | β | β | 9.6% | 15.4% | 60.7% |
| Mar 2016 | βΉ8.97 K Cr | β | βΉ971.00 Cr | β | β | 7.0% | 42.4% | 83.2% |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue / Net 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 |
| Total 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 |
| EBIT / 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 |
| OPM % | 15% | 11% | 17% | 21% | 20% | 20% | 13% | 13% | 15% | 12% | 9% | 4% | 3% |
| Other Income | 385 | 322 | 326 | 472 | 179 | -1,800 | 270 | 527 | 1,182 | 920 | 541 | 1,531 | 1,778 |
| Finance Costs | 42 | 39 | 147 | 58 | 128 | 199 | 238 | 236 | 247 | 368 | 440 | 684 | 792 |
| Depreciation & Amortisation | 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 |
| Tax % | 9% | 23% | 21% | 27% | 30% | 61% | 5% | 12% | 6% | 20% | 21% | 36% | - |
| Net Profit / PAT | 896 | 530 | 971 | 1,560 | 1,769 | 515 | 1,288 | 905 | 3,051 | 2,124 | 945 | 212 | 230 |
| EPS (βΉ) | 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% | - |
Peer Comparison
Diversified sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| Grasim Industries Ltdthis co. | βΉ1.89 L Cr | βΉ31.56 K Cr | 549.00 | 3.43 | 68.70 | 22.1% |
| 3M India Ltd. | βΉ39.24 K Cr | βΉ4.45 K Cr | 70.80 | 24.47 | 46.20 | 6.1% |
| Godrej Industries Ltd. | βΉ33.63 K Cr | βΉ4.17 K Cr | 36559.00 | 18.99 | 89.85 | 38.2% |
| DCM Shriram Limited | βΉ18.37 K Cr | βΉ11.78 K Cr | 26.70 | 2.54 | 18.58 | 10.5% |
| Balmer Lawrie & Co. Ltd. | βΉ2.96 K Cr | βΉ2.48 K Cr | 12.30 | 2.00 | 7.91 | 7.7% |
| Industry Average | β | βΉ10.89 K Cr | 164.70 | 10.29 | 46.25 | 16.9% |
