Grasim Industries share price
NSE: GRASIMBSE: 500300Cement & Cement ProductsLarge Cap
Share price at the NSE close on 27 Oct 2026. Previous close ₹2,950.00.
27 Oct: open ₹2,930.10, high ₹2,941.40, low ₹2,881.00
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹1,97,423 Cr44th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 34.67
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 1.91
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.34%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 5.7%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 4.7%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 1.32
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 4,61,43542.9% delivered
About Grasim Industries
Grasim Industries Limited makes cellulosic fibres (textile fibres made from wood pulp) and yarn, caustic soda and other chemicals, and decorative paints sold under the Birla Opus brand.12 It also runs Birla Pivot, an online marketplace that sells building materials to businesses.3 Through its subsidiaries it makes cement as UltraTech and offers loans, insurance and asset management as Aditya Birla Capital, across India.45
Its results are reported in Cellulosic Fibres, Chemicals, Building Materials (cement, paints and Birla Pivot), Financial Services, and other businesses, mainly textiles, insulators and renewable power.6 On a standalone basis, it has 27 manufacturing plants in India.7 In the year to Mar 2026 it sold to customers in 92 countries, and exports made up 9% of its operating revenue.8
It was incorporated in 1947, and its registered office is at Nagda, Madhya Pradesh.9 Its chemicals business was launched in 1972, and Birla Opus paints were launched in 2024.110
It is part of the Aditya Birla Group, and its promoter group held 43.74% of its shares at the end of March 2026.1112 It holds 56.11% of UltraTech Cement, 53.06% of Aditya Birla Capital and 70.15% of Aditya Birla Renewables.13
Grasim Industries key points
Results
- Consolidated revenue was ₹48,716 crore in the quarter to Jun 2026, up 21% from a year earlier, and EBITDA (earnings before interest, tax, depreciation and amortisation) was ₹8,077 crore, up 26% and its highest for a quarter.14
- Consolidated profit attributable to shareholders was ₹2,146 crore in the quarter, against ₹1,421 crore a year earlier.15
- In the year to Mar 2026, consolidated revenue rose 18.15% to ₹1,75,430.74 crore, EBITDA was ₹25,872.09 crore against ₹20,023.13 crore, and profit attributable to shareholders was ₹4,966.48 crore against ₹3,705.68 crore.16
Market position
- UltraTech's domestic grey cement (ordinary building cement) capacity passed 200 million tonnes a year in April 2026.17
- By its own estimate, Birla Opus is 3rd in India's organised decorative paints market after gaining about 30 basis points (hundredths of a percentage point) of share in the quarter to Jun 2026, and 2nd by installed capacity.1819
Business segments
- Building Materials. Revenue rose 21% to ₹28,835 crore in the quarter to Jun 2026: cement ₹24,648 crore, up 16%; Birla Opus paints ₹1,661 crore, up 64%; Birla Pivot ₹2,548 crore, up 75%.201821
- Financial Services. Aditya Birla Capital's loan book was ₹2,19,289 crore at the end of June 2026, up 32% in a year, and its fund and insurance businesses managed ₹7,52,745 crore. Aditya Birla Capital's quarterly profit, adjusted for Grasim's consolidation, rose 42% to ₹1,142 crore.2223
- Cellulosic Fibres. Revenue rose 12% to ₹4,530 crore in the quarter to Jun 2026 and EBITDA roughly doubled to ₹632 crore; specialty fibres were 27% of staple fibre sales volume, against 21% a year earlier.2425
- Chemicals. Revenue rose 10% to ₹2,640 crore in the quarter to Jun 2026 and EBITDA 16% to ₹491 crore; chlor-alkali (caustic soda and chlorine) was 49% of revenue, chlorine derivatives 21% and specialty chemicals 30%.2627
Plants and capacity
- Fibres. Staple fibre capacity is 890K tonnes a year across 4 sites, used at 97% in the year to Mar 2026, with its own pulp from Harihar; fashion yarn capacity is 51K tonnes a year at Veraval and Kalyan.2829
- Chemicals. Caustic soda capacity is 1,505K tonnes a year and specialty chemicals (epoxy resins and curing agents) 246K tonnes a year.30
- Paints. Birla Opus has 6 plants with 1,332 million litres a year of capacity, about 24% of India's organised decorative paints capacity; the sixth, at Kharagpur, started in October 2025.31
Expansion and capital spending
- In its exchange filing of 8 Jun 2026, the company said it plans to invest ₹3,094 crore in a second Lyocell (wood-pulp fibre) phase of 110K tonnes a year at Harihar by 2030; on 12 Aug 2026 it said this was going through environmental clearance.3233
- In its exchange filing of 13 Jul 2026, the company said its renewables subsidiary approved buying Shell's Solenergi Power (about 5.0 GWp, gigawatts at peak, 3.3 GWp operating) at an enterprise value (price including debt) of ₹17,200 crore, subject to approvals, by 31 Dec 2026.3435
- The company stated in its annual report for the year to Mar 2026 that UltraTech plans to raise its grey cement capacity to over 240 million tonnes a year by March 2028.17
What the company expects
- On its earnings call of 12 Aug 2026, the company said it expects Birla Opus revenue to grow over 50% in the year to Mar 2027, and to build Birla Opus into a ₹10,000 crore brand by the year to Mar 2028.3637
- In its presentation of 12 Aug 2026, the company said Birla Pivot is on track to reach EBITDA break-even by the end of the year to Mar 2027.38
- In its presentation of 12 Aug 2026, the company said it expects chlorine integration (the share of the chlorine it makes that it uses itself or sells by pipeline) to reach about 68% by the end of the year to Mar 2027.3940
Recent events
- On 21 Oct 2026, the company started commercial production at its 50K tonnes a year epichlorohydrin plant at Vilayat, Gujarat; epichlorohydrin is a chlorine-based raw material for epoxy resins.41
- In its exchange filing of 11 Aug 2026, the company said its CPVC (chlorinated PVC, a plastic used in pipes) resin plant at Vilayat, built with Lubrizol, had started commercial production, with planned capacity of about 50,000 tonnes a year.42
Last updated
All 44 sources, each with its page
- 1. Annual report, 16 Jul 2026, page 30
- 2. Annual report, 16 Jul 2026, page 110
- 3. Annual report, 16 Jul 2026, page 53
- 4. Annual report, 16 Jul 2026, page 48
- 5. Annual report, 16 Jul 2026, page 55
- 6. Annual report, 16 Jul 2026, page 554
- 7. Annual report, 16 Jul 2026, page 218
- 8. Annual report, 16 Jul 2026, page 218
- 9. Annual report, 16 Jul 2026, page 2
- 10. Annual report, 16 Jul 2026, page 51
- 11. Annual report, 16 Jul 2026, page 58
- 12. Annual report, 16 Jul 2026, page 202
- 13. Investor presentation, 12 Aug 2026, page 41
- 14. Investor presentation, 12 Aug 2026, page 9
- 15. Investor presentation, 12 Aug 2026, page 36
- 16. Annual report, 16 Jul 2026, page 110
- 17. Annual report, 16 Jul 2026, page 33
- 18. Investor presentation, 12 Aug 2026, page 27
- 19. Investor presentation, 12 Aug 2026, page 26
- 20. Investor presentation, 12 Aug 2026, page 30
- 21. Investor presentation, 12 Aug 2026, page 29
- 22. Investor presentation, 12 Aug 2026, page 32
- 23. Investor presentation, 12 Aug 2026, page 9
- 24. Investor presentation, 12 Aug 2026, page 17
- 25. Investor presentation, 12 Aug 2026, page 16
- 26. Earnings call, 12 Aug 2026, page 8
- 27. Investor presentation, 12 Aug 2026, page 20
- 28. Exchange filing, 8 Jun 2026, page 2
- 29. Annual report, 16 Jul 2026, page 44
- 30. Annual report, 16 Jul 2026, page 46
- 31. Annual report, 16 Jul 2026, page 110
- 32. Exchange filing, 8 Jun 2026, page 3
- 33. Earnings call, 12 Aug 2026, page 8
- 34. Exchange filing, 13 Jul 2026, page 1
- 35. Exchange filing, 13 Jul 2026, page 5
- 36. Earnings call, 12 Aug 2026, page 12
- 37. Earnings call, 12 Aug 2026, page 7
- 38. Investor presentation, 12 Aug 2026, page 29
- 39. Investor presentation, 12 Aug 2026, page 19
- 40. Investor presentation, 12 Aug 2026, page 20
- 41. Exchange filing, 21 Oct 2026, page 1
- 42. Exchange filing, 11 Aug 2026, page 1
- 43. Exchange filing, 5 May 2026, page 1
- 44. Exchange filing, 5 May 2026, page 2
Results
Consolidated; ₹ crore.Grasim Industries quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +20.5%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- –
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹48,716 Crdown 4.67%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹3,846 Crup 1.16%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 7.9%
Revenue by quarter
Net profit by quarter, a loss in red
The quarters either side of a change of basis do not compare. From the quarter to Mar 2025, the company's revenue for the year to Mar 2025, ₹1,48,478 Cr, differs from its quarters added, ₹1,46,484 Cr.
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 33,563 | 34,793 | 44,267 | 40,118 | 39,900 | 44,312 | 51,101 | 48,716 |
| Net profit | 1,100 | 1,844 | 2,973 | 2,767 | 1,498 | 2,233 | 3,802 | 3,846 |
| Net margin | 3.3% | 5.3% | 6.7% | 6.9% | 3.8% | 5.0% | 7.4% | 7.9% |
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹1,75,431 Crup 18.15%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹10,300 Crup 32.80%
- Net margin
- 5.9%
Revenue by year
Net profit by year, a loss in red
The years either side of a change of basis do not compare. From the year to Mar 2021, the company's revenue for that year, ₹76,398 Cr, differs from its quarters added, ₹77,407 Cr. From the year to Mar 2025, the company's revenue for that year, ₹1,48,478 Cr, differs from its quarters added, ₹1,46,484 Cr.
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 40,247 | 57,338 | 72,971 | 77,625 | 76,398 | 95,701 | 1,17,627 | 1,30,978 | 1,48,478 | 1,75,431 |
| Net profit | 4,246 | 3,688 | 2,776 | 6,677 | 6,987 | 11,206 | 11,078 | 9,926 | 7,756 | 10,300 |
| Net margin | 10.5% | 6.4% | 3.8% | 8.6% | 9.1% | 11.7% | 9.4% | 7.6% | 5.2% | 5.9% |
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Building Material $Building Material $, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹1,01,202 Crup 24.34%57.1%
- Financial ServicesFinancial Services, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹45,427 Crup 11.75%25.6%
- Cellulosic FibresCellulosic Fibres, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹17,104 Crup 7.59%9.7%
- ChemicalsChemicals, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹9,592 Crup 10.92%5.4%
- Others *Others *, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹3,892 Crup 18.38%2.2%
Valuation
Today, against the company's own history. Its history crosses a change of basis in the accounts in the years to Mar 2021 and Mar 2025: days before it are of the company before the change.Grasim Industries PE ratio and valuation
At or below today's level on 84% of 1,882 trading days over the last 10 years.
At or below today's level on 79% of 1,969 trading days since Nov 2018.
At or below today's level on 10% of 2,460 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −1.7% | +34.0% | −26.9% | 0.4% |
| 3 years | +16.5% | −11.0% | +30.5% | 0.4% |
| 5 years | +12.5% | +2.2% | +9.6% | 0.5% |
Mutual fund holdings
283 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 165 of the 199 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 4 more funds filed their first portfolio on record, holding it.All 283 funds holding Grasim Industries
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 3
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 4
- AddedAdded. Funds that held more shares than at the end of the month before.
- 96
- CutCut. Funds that held fewer shares than at the end of the month before.
- 103
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 73
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 19
| Fund | |||
|---|---|---|---|
| 73,19,604 | 1.10% | ₹2,241.2 Cr | |
| 25,10,213 | 1.10% | ₹768.6 Cr | |
| 23,49,790 | 1.10% | ₹719.5 Cr | |
| 15,40,731 | 1.10% | ₹471.8 Cr | |
| 14,50,000 | 1.59% | ₹444.0 Cr | |
| 11,82,037 | 1.30% | ₹361.9 Cr | |
| 11,15,585 | 0.76% | ₹341.6 Cr | |
| 10,12,235 | 1.10% | ₹309.9 Cr | |
| 9,08,986 | 1.53% | ₹278.3 Cr | |
| 8,02,242 | 1.10% | ₹245.6 Cr |
Promoter and insider buying and selling
Trades made since 28 Oct 2025.Grasim Industries insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Promoters and promoter group: no market trade · 4 pledge filings of unclear kind
- Others: no market trade · 8 pledge filings of unclear kind
Grasim Industries competitors and peers
Cement & Cement Products, 38 listed companies, priced on 27 Oct 2026. The table lists the 8 companies closest to Grasim Industries in market cap. 2 companies in its own group left out: one owns more than half of the other, directly or through a company it controls, or one owner more than half of both.Construction materials companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| 86,670 | – | 1.46 | +7.7% | – | – | 3.4% | 0.57% | |
| 84,068 | 53.09 | 3.52 | +14.3% | −7.9% | 6.8% | 6.8% | 0.64% | |
| 37,842 | 39.50 | 5.15 | +17.3% | −7.4% | 13.9% | 11.5% | 0.41% | |
| 28,491 | 58.15 | 1.58 | +6.1% | −56.4% | 2.7% | 5.0% | 0.33% | |
| 21,549 | 24.42 | 1.04 | +4.6% | −73.6% | 4.3% | 5.1% | 0.65% | |
| 17,291 | 26.81 | 2.14 | +8.6% | +101.2% | 8.3% | 5.0% | 0.34% | |
| 15,898 | 20.93 | 2.34 | – | – | 11.8% | 7.7% | 0.43% | |
| 12,136 | 29.26 | 1.27 | +10.6% | +52.0% | 4.4% | 6.6% | 0.00% |
Dividends
Per share, by the year it was paid for, and the latest payments.Grasim Industries dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossary| Ex-date | Type | Per share |
|---|---|---|
| 7 Aug 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹10.00 |
| 12 Aug 2025 | Final | ₹10.00 |
| 6 Aug 2024 | Final | ₹10.00 |
| 11 Aug 2023 | Final | ₹10.00 |
| 11 Aug 2022 | Final | ₹5.00 |
| 11 Aug 2022 | Special | ₹5.00 |
Latest announcements
Routine notices left out.Grasim Industries announcements
Oct 2026
21 Oct · Commencement of commercial production/operations
16 Oct · General Updates
Sep 2026
23 Sep · General Updates
Grasim Industries share price by year
Each calendar year to 2025.Grasim Industries share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 2,829.00 | +15.8% | 2,958.70 | 2,288.15 |
| 2024 | 2,442.70 | +14.4% | 2,843.75 | 2,049.60 |
| 2023 | 2,134.80 | +23.9% | 2,139.95 | 1,550.60 |
| 2022 | 1,723.50 | +6.2% | 1,918.70 | 1,285.05 |
| 2021 | 1,622.25 | +74.8% | 1,874.45 | 933.40 |
| 2020 | 927.85 | +24.8% | 937.70 | 400.10 |
| 2019 | 743.65 | −9.9% | 941.60 | 649.00 |
| 2018 | 825.60 | −29.2% | 1,248.00 | 759.05 |
| 2017 | 1,165.75 | +35.1% | 1,307.80 | 845.45 |
| 2016 | 862.75 | +14.9% | 1,057.22 | 660.12 |
Recent sessions
The 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 26 Oct 2026 | 2,871.10 | 2,950.00 | 2,858.00 | 2,950.00 | 2,910.52 | 2,18,825 | 32.9% |
| 23 Oct 2026 | 2,875.00 | 2,901.30 | 2,857.80 | 2,894.00 | 2,879.85 | 3,14,075 | 47.7% |
| 22 Oct 2026 | 2,854.00 | 2,894.40 | 2,828.20 | 2,894.40 | 2,867.55 | 2,14,550 | 39.9% |
| 21 Oct 2026 | 2,865.00 | 2,913.90 | 2,861.10 | 2,889.10 | 2,882.54 | 3,05,442 | 56.9% |
| 19 Oct 2026 | 2,920.00 | 2,954.80 | 2,866.50 | 2,879.00 | 2,913.12 | 3,08,699 | 37.7% |
| 16 Oct 2026 | 2,899.00 | 2,924.60 | 2,843.40 | 2,920.00 | 2,897.50 | 5,23,802 | 52.9% |
| 15 Oct 2026 | 2,874.90 | 2,908.30 | 2,865.00 | 2,885.90 | 2,894.46 | 3,27,872 | 59.2% |
| 14 Oct 2026 | 2,907.00 | 2,921.60 | 2,866.10 | 2,873.00 | 2,888.91 | 3,28,898 | 60.1% |
| 13 Oct 2026 | 2,864.00 | 2,919.90 | 2,854.00 | 2,912.00 | 2,895.99 | 3,27,115 | 42.4% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 10 Jan 2024 | Rights issue | – | Shareholders were offered new shares. Noted, not adjusted for. |
| 6 Oct 2016 | Split | 0.2000 | Each share became 5. |
| 26 May 2010 | Demerger | 0.8530 | Part of the business became a separate company. The factor is the opening price on the ex-date divided by the previous close. The chart shows earlier prices with the demerger reinvested. |
Company details
- NSE symbol
- GRASIM
- BSE code
- 500300
- ISIN
- INE047A01021
- Industry
- Cement & Cement Products
- Website
- www.grasim.com
- CIN
- L17124MP1947PLC000410
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1947
- Registered office
- Birlagram, Nagda 456331, Madhya Pradesh
- Share registrar
- KFin Technologies Ltd
- Keeps the register of shareholders and handles transfers and dividend payments