Sharescart Research Club logo ×
Screener Research Unlisted Startup Funding New IPO New

Grasim Industries

₹2850.4 50.4 | 1.8%

Market Cap ₹193984 Cr.

Stock P/E 33.5

P/B 2.2

Current Price ₹2850.4

Book Value ₹ 1294.7

Face Value 2

52W High ₹2875.5

Dividend Yield 0.35%

52W Low ₹ 1751.7

Grasim Industries Research see more...

Overview Inc. Year: 1947Industry: Diversified

Grasim Industries Ltd is an India-based company. The company is producer of viscose staple fiber, chlor-alkali, linen, insulators, textiles, chemical substances, viscose filament yarn (VFY), and fertilizers.

Read More..

Grasim Industries Share Price

New

| |

Volume
Price

Quarterly Price

Show Value Show %

Peer Comparison

Grasim Industries Quarterly Results

#(Fig in Cr.) Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Net Sales 24402 28811 28042 27486 28638 33462 31065 30221 31965 37727
Other Income 122 180 168 252 2972 220 296 285 256 427
Total Income 24524 28991 28210 27738 31609 33682 31361 30505 32222 38154
Total Expenditure 19531 23470 22059 22894 23754 27332 24708 24168 25072 29835
Operating Profit 4992 5521 6151 4843 7856 6351 6653 6337 7150 8320
Interest 1146 1188 1246 1373 1608 1816 2032 2226 2433 2586
Depreciation 1026 1128 1089 1116 1139 1207 1183 1245 1244 1329
Exceptional Income / Expenses 0 -69 0 -88 0 0 0 0 0 -569
Profit Before Tax 2821 3136 3816 2266 5108 3328 3438 2866 3473 3835
Provision for Tax 275 -464 1110 847 632 1059 862 838 868 1207
Profit After Tax 2546 3600 2705 1419 4476 2268 2576 2029 2604 2628
Adjustments -800 -823 -772 -410 -1960 -900 -1000 -865 -1090 -1258
Profit After Adjustments 1746 2777 1933 1009 2516 1369 1576 1164 1514 1370
Adjusted Earnings Per Share 26.4 42 29.3 15.3 38.1 20.7 23.8 17.6 22.9 20.6

Grasim Industries Profit & Loss

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
Net Sales 29323 32838 34487 36068 55932 77209 75269 76404 95701 117627 130978 130978
Other Income 576 539 662 948 861 829 969 1058 821 3612 1264 1264
Total Income 29900 33377 35149 37016 56792 78038 76238 77462 96522 121239 132243 132242
Total Expenditure 24409 27694 28083 28683 43610 60584 58008 57769 75270 96038 103783 103783
Operating Profit 5491 5683 7066 8333 13183 17454 18230 19693 21253 25201 28459 28460
Interest 447 667 718 702 3663 6060 6890 5736 4776 6044 9277 9277
Depreciation 1457 1563 1834 1808 2724 3571 4004 4033 4161 4552 5001 5001
Exceptional Income / Expenses 0 -9 -28 0 -433 -2688 -1406 -342 -69 -88 -569 -569
Profit Before Tax 3586 3443 4679 5952 5635 5163 6492 9771 12627 14727 13700 13612
Provision for Tax 735 1016 1225 1707 1947 2419 -84 3022 1936 3649 3774 3775
Profit After Tax 2851 2427 3455 4246 3688 2745 6576 6749 10691 11078 9926 9837
Adjustments -780 -684 -987 -1078 -1009 -1052 -2164 -2444 -3141 -4251 -4301 -4213
Profit After Adjustments 2072 1744 2468 3167 2679 1693 4412 4305 7550 6827 5624 5624
Adjusted Earnings Per Share 44.9 37.8 52.7 67.6 40.6 25.6 66.8 65.2 114.2 103.3 84.7 84.9

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 11% 20% 11% 16%
Operating Profit CAGR 13% 13% 10% 18%
PAT CAGR -10% 14% 29% 13%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 56% 23% 27% 16%
ROE Average 12% 14% 13% 12%
ROCE Average 11% 12% 11% 12%

Grasim Industries Balance Sheet

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Shareholder's Funds 21614 23140 27429 31387 57362 58020 56632 65494 75698 78742 88652
Minority's Interest 6936 7682 8729 9702 26337 30503 34305 37068 40476 44171 50286
Borrowings 7612 6384 5544 6769 40793 56686 58738 52488 46546 66712 86116
Other Non-Current Liabilities 3024 3707 3411 3895 40885 47153 47888 59791 68544 77665 94629
Total Current Liabilities 8550 13120 14463 10995 42522 48276 46380 51922 57884 69533 92433
Total Liabilities 47736 54033 59576 62747 207899 241127 244181 267349 289149 336823 412116
Fixed Assets 25209 31828 34271 34786 69257 87113 87720 85008 88981 94882 100480
Other Non-Current Assets 8565 9021 10229 9502 98332 104133 104408 122066 143400 174418 225249
Total Current Assets 13962 13175 15058 18451 40263 48786 51445 57956 56758 67504 86365
Total Assets 47736 54033 59576 62747 207899 241127 244181 267349 289149 336823 412116

Grasim Industries Cash Flow

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Opening Cash & Cash Equivalents 229 199 125 113 94 937 1225 5146 5480 2241 2313
Cash Flow from Operating Activities 3549 4594 5868 7288 -4140 -1659 16803 15075 7038 -12685 -10719
Cash Flow from Investing Activities -2389 -2370 -4573 -3488 510 -2271 -11548 -9229 -3543 -13687 -23113
Cash Flow from Financing Activities -1046 -2278 -1365 -3799 3449 4158 -3418 -8003 -6733 26469 33908
Net Cash Inflow / Outflow 114 -54 -69 2 -181 228 1838 -2158 -3239 97 76
Closing Cash & Cash Equivalent 397 157 113 94 949 1224 3063 2989 2241 2313 2388

Grasim Industries Ratios

# Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Earnings Per Share (Rs) 44.94 37.82 52.67 67.57 40.59 25.64 66.8 65.16 114.23 103.28 84.71
CEPS(Rs) 93.47 86.54 112.85 129.14 97.15 95.67 160.2 163.21 224.71 236.45 224.82
DPS(Rs) 4.2 3.6 4.5 5.5 6.2 7 4 9 10 10 10
Book NAV/Share(Rs) 467.67 500.15 584.41 668.75 867.26 875.33 853.52 987.16 1140.76 1184.99 1327.04
Core EBITDA Margin(%) 15.1 14.11 16.62 18.35 20.31 20.35 20.99 22.35 19.73 17.05 19.14
EBIT Margin(%) 12.39 11.27 14.01 16.53 15.32 13.73 16.28 18.6 16.81 16.41 16.17
Pre Tax Margin(%) 11.02 9.44 12.14 14.79 9.29 6.32 7.9 11.72 12.2 11.63 9.64
PAT Margin (%) 8.76 6.66 8.97 10.55 6.08 3.36 8 8.1 10.33 8.75 6.99
Cash Profit Margin (%) 13.24 10.94 13.72 15.04 10.57 7.73 12.87 12.93 14.35 12.35 10.51
ROA(%) 6.21 4.77 6.08 6.94 2.73 1.22 2.71 2.64 3.84 3.54 2.65
ROE(%) 13.85 10.88 13.7 14.46 8.33 4.77 11.52 11.1 15.21 14.41 11.93
ROCE(%) 13.33 12.39 14.39 16.53 11.27 8.41 9.48 10.97 11.93 12.63 11.38
Receivable days 26.27 25.81 26.76 27.26 24.7 26.56 27.71 22.18 17.22 16.36 16.56
Inventory Days 44.85 45.26 42.33 38 30.35 28.85 30.85 28.54 27.73 29.84 31.73
Payable days 148.56 121.32 96.25 104.85 116.9 119.29 156.32 194.87 186.46 180.83 186.85
PER(x) 12.8 19.08 14.53 15.47 25.87 33.33 7.09 22.2 14.52 15.74 27.01
Price/Book(x) 1.23 1.44 1.31 1.56 1.21 0.98 0.55 1.47 1.45 1.37 1.72
Dividend Yield(%) 0.73 0.5 0.59 0.52 0.59 0.82 0.84 0.62 0.6 0.61 0.44
EV/Net Sales(x) 1.22 1.36 1.34 1.55 2.41 1.8 1.47 2.19 1.88 1.74 2.16
EV/Core EBITDA(x) 6.52 7.89 6.52 6.71 10.24 7.96 6.07 8.51 8.45 8.14 9.92
Net Sales Growth(%) 5.07 11.99 5.02 4.58 55.07 38.04 -2.51 1.51 25.26 22.91 11.35
EBIT Growth(%) -26.6 1.91 31.3 23.29 39.72 20.71 19.23 15.88 12.22 19.35 10.62
PAT Growth(%) -23.02 -14.87 42.32 22.89 -13.14 -25.57 139.58 2.64 58.4 3.63 -10.4
EPS Growth(%) -23.44 -15.85 39.28 28.3 -39.94 -36.82 160.51 -2.46 75.31 -9.58 -17.98
Debt/Equity(x) 0.45 0.52 0.46 0.29 1.17 1.46 1.48 1.19 0.97 1.29 1.53
Current Ratio(x) 1.63 1 1.04 1.68 0.95 1.01 1.11 1.12 0.98 0.97 0.93
Quick Ratio(x) 1.14 0.64 0.75 1.29 0.81 0.87 0.96 1 0.82 0.81 0.8
Interest Cover(x) 9.02 6.16 7.52 9.47 2.54 1.85 1.94 2.7 3.64 3.44 2.48
Total Debt/Mcap(x) 0.37 0.36 0.35 0.19 0.97 1.5 2.66 0.81 0.67 0.94 0.87

Grasim Industries Shareholding Pattern

# Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
Promoter 42.76 42.76 42.75 42.75 42.75 42.75 42.75 42.75 43.06 43.06
FII 12.71 11.49 12.03 12.58 12.45 12.29 12.18 12.52 12.7 13.69
DII 14.43 15.35 16.87 16.49 16.82 16.84 16.92 16.69 16.69 16.66
Public 26.24 26.52 24.47 24.3 24.1 24.24 24.25 24.13 23.77 23.58
Others 3.86 3.88 3.88 3.88 3.88 3.88 3.91 3.91 3.79 3.01
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company has delivered good profit growth of 29% CAGR over last 5 years

Cons

  • Promoter holding is low: 43.06%.
  • Company has a low return on equity of 14% over the last 3 years.
  • Debtor days have increased from 180.83 to 186.85days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Grasim Industries News

IPO

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....