Aditya Birla Group’s flagship company, Grasim Industries Limited, is among India’s top publicly traded companies. Grasim is commemorating 75 years of magnificent existence. It began as a textile factory in India in 1947.
It has grown into a major diversified business with leadership positions in a variety of industries. It is the largest Chlor-Alkali, advanced material, linen yarn, and fabrics producer in India, as well as a top global producer of Viscose Staple Fibre and Viscose Filament Yarn.
The corporation has entered the paints market by establishing six factories across India. It is also India’s largest cement producer and a significant diversified financial services business through its subsidiaries UltraTech Cement and Aditya Birla Capital.
Current Performance of the Company
In recent times, the annual sales growth of 24.63 percent surpassed the company’s three-year CAGR of 9.28 percent.
In the fiscal year ending on March 31, 2022, the company spent 1.35 per cent of its operational revenues on interest charges and 6.61 per cent on labour costs.
The stock returned by 54.04 per cent over three years, compared to 38.54 per cent for the Nifty 100 index. (as of the previous trading session)
Table of contents
History of GRASIM Share Price
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. VSF and cement are the company’s major activities, accounting for more than 90% of revenues and operating earnings.
With a 24 percent global market share, the Aditya Birla Group is the world’s largest producer of VSF. It is also India’s second-largest producer of caustic soda (used in the manufacture of VSF).
Grasim is a significant player in the cement industry in India, with a capacity of 52 million tpa through its subsidiary UltraTech Cement Limited. UltraTech was acquired by Grasim in July 2004 for a controlling interest and management control. This acquisition, one of the largest of its kind in the cement industry, propelled the Aditya Birla Group to the top of the Indian league.
The cement business was completely restructured on July 1, 2010, when Samruddhi Cement Limited (SCL) and UltraTech merged. SCL had already acquired Grasim’s cement business. The merger has formed India’s largest cement manufacturer, giving a platform for the corporation to pursue aggressive growth in the future.
UltraTech Cement Limited announced in 2013 that it would demerger the Gujarat Cement Factory of Jaypee Cement Corporation Limited in Gujarat, which consists of an integrated cement unit in Sewagram and a grinding unit in Wanakbori. Jaiprakash Associates Limited’s wholly-owned subsidiary, JCCL, is a wholly-owned subsidiary of Jaiprakash Associates Limited (JAL).
| Date | Open | High | Low | Close* | Adj Close** | Volume |
| Jun 01, 2022 | 1,425.00 | 1,450.00 | 1,412.60 | 1,436.55 | 1,436.55 | 867,697 |
| May 01, 2022 | 1,676.00 | 1,703.50 | 1,340.25 | 1,428.60 | 1,428.60 | 21,263,099 |
| Apr 01, 2022 | 1,661.20 | 1,830.90 | 1,658.00 | 1,692.30 | 1,692.30 | 19,309,544 |
| Mar 01, 2022 | 1,598.50 | 1,678.60 | 1,407.20 | 1,664.00 | 1,664.00 | 25,806,241 |
| Feb 01, 2022 | 1,736.60 | 1,790.00 | 1,535.00 | 1,598.50 | 1,598.50 | 17,508,860 |
| Jan 01, 2022 | 1,629.75 | 1,929.80 | 1,617.00 | 1,727.50 | 1,727.50 | 21,532,338 |
| Dec 01, 2021 | 1,667.00 | 1,769.70 | 1,587.55 | 1,622.25 | 1,622.25 | 21,659,473 |
| Nov 01, 2021 | 1,722.00 | 1,893.00 | 1,642.70 | 1,662.45 | 1,662.45 | 18,530,906 |
| Oct 01, 2021 | 1,659.95 | 1,798.40 | 1,590.00 | 1,721.10 | 1,721.10 | 22,489,780 |
| Sep 01, 2021 | 1,510.00 | 1,694.30 | 1,480.20 | 1,669.45 | 1,669.45 | 27,309,159 |
| Aug 12, 2021 | 4 Dividend | |||||
| Aug 01, 2021 | 1,565.00 | 1,614.20 | 1,430.05 | 1,500.40 | 1,496.41 | 22,923,475 |
| Jul 01, 2021 | 1,503.25 | 1,599.50 | 1,461.00 | 1,551.35 | 1,547.22 | 23,570,828 |
| Jun 01, 2021 | 1,475.60 | 1,547.00 | 1,420.05 | 1,498.75 | 1,494.76 | 28,136,783 |
| May 01, 2021 | 1,396.60 | 1,494.90 | 1,350.60 | 1,471.20 | 1,467.28 | 38,351,869 |
| Apr 01, 2021 | 1,460.00 | 1,472.70 | 1,262.00 | 1,401.75 | 1,398.02 | 31,338,592 |
| Mar 01, 2021 | 1,206.95 | 1,456.00 | 1,202.20 | 1,450.55 | 1,446.69 | 38,440,081 |
| Feb 01, 2021 | 1,060.00 | 1,289.00 | 1,047.35 | 1,200.80 | 1,197.60 | 39,650,594 |
| Jan 01, 2021 | 924.50 | 1,114.65 | 920.25 | 1,055.65 | 1,052.84 | 58,673,360 |
| Dec 01, 2020 | 867.00 | 954.00 | 862.15 | 927.85 | 925.38 | 45,673,227 |
| Nov 01, 2020 | 784.40 | 885.85 | 775.50 | 875.75 | 873.42 | 49,331,168 |
| Oct 01, 2020 | 749.20 | 804.00 | 733.45 | 778.35 | 776.28 | 42,092,585 |
| Sep 01, 2020 | 676.95 | 749.65 | 651.05 | 744.20 | 742.22 | 78,156,280 |
| Aug 26, 2020 | 4 Dividend | |||||
| Aug 01, 2020 | 630.00 | 717.50 | 610.70 | 674.85 | 669.06 | 76,867,444 |
| Jul 01, 2020 | 619.80 | 653.40 | 565.00 | 633.05 | 627.62 | 57,549,875 |
| Jun 01, 2020 | 592.50 | 644.40 | 568.20 | 619.70 | 614.38 | 52,941,646 |
| May 01, 2020 | 504.90 | 602.00 | 469.20 | 589.20 | 584.14 | 53,675,032 |
| Apr 01, 2020 | 477.90 | 572.85 | 451.20 | 504.90 | 500.57 | 47,253,037 |
| Mar 01, 2020 | 701.00 | 708.80 | 385.05 | 476.10 | 472.01 | 70,180,561 |
| Feb 01, 2020 | 775.00 | 806.65 | 684.00 | 687.20 | 681.30 | 44,524,599 |
| Jan 01, 2020 | 746.80 | 836.90 | 711.00 | 778.90 | 772.21 | 39,990,630 |
| Dec 01, 2019 | 810.00 | 822.00 | 732.80 | 743.65 | 737.27 | 39,242,853 |
| Nov 01, 2019 | 768.70 | 825.25 | 712.00 | 787.05 | 780.29 | 55,110,091 |
| Oct 01, 2019 | 736.80 | 774.90 | 633.60 | 768.75 | 762.15 | 56,619,695 |
| Sep 01, 2019 | 710.95 | 786.00 | 688.50 | 730.10 | 723.83 | 31,252,430 |
| Aug 08, 2019 | 7 Dividend | |||||
| Aug 01, 2019 | 777.00 | 786.85 | 680.05 | 710.95 | 698.16 | 37,346,470 |
| Jul 01, 2019 | 919.50 | 949.50 | 756.50 | 788.35 | 774.17 | 34,642,668 |
| Jun 01, 2019 | 890.10 | 937.80 | 852.35 | 914.10 | 897.66 | 27,432,89 |
GRASIM Share Price NSE
As of 6 June 2022 at 13:08 Hours, the share price of Mindtree Limited on NSE was as follows:
| Particulars | Prices (INR) |
| Open | 1334.00 |
| Previous Close | 1339.45 |
| High | 1340.00 |
| Low | 1310.00 |
| UC Limit | 1473.35 |
| LC Limit | 1205.55 |
| 52 Week High | 1929.80 |
| 52 Week Low | 1310.00 |
GRASIM Share Price BSE
As of 6 June 2022 at 13:08 Hours, the share price of Mindtree Limited on NSE was as follows:
| Particulars | Prices (INR) |
| Open | 1342.95 |
| Previous Close | `1339.10 |
| High | 1342.95 |
| Low | 1310.80 |
| UC Limit | 1473.00 |
| LC Limit | 1205.20 |
| 52 Week High | 1939.00 |
| 52 Week Low | 1310.80 |
Management of Grasim
| Name | Designation |
| Vipin Anand | Non-Executive Director |
| Dilip Singh Gaur | MD, Business Head of Fibre & Pulp and Director |
| Kumar Mangalam Birla | Non-Executive Chairman |
| Shailendra Kumar Jain | Non-Executive Director |
| Adesh Kumar Gupta | Independent Director |
| Thomas Martin Connelly | Independent Director |
| Rajashree Birla | Non-Executive Director |
| Cyril Suresh Shroff | Independent Director |
| N. Mohan Raj | Non-Executive Independent Director |
| Santrupt B. Mishra | Additional Non-Executive Non-Independent Director |
| V. Chandrasekaran | Independent Director |
| Anita Ramachandran | Additional Independent Director |
| Hari Krishna Agarwal | MD, Additional Director & Business Head of Pulp & Fibre |
| Atul Daga | CFO & Whole-Time Director of UltraTech Cement Limited |
| Raj Kumar | Non-Executive Director |
Grasim Company Location
P.O. Birlagram,
Nagda – 456 331
Dist. Ujjain,
Madhya Pradesh, India
Contact: 91-7366-246766
Email: grasim[dot]secretarial@adityabirla[dot]com
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Grasim Company Performance
Grasim strives to provide long-term value to its workers, 262,600+ shareholders, society, and consumers. In FY 2022, the company had a consolidated net sales of 95,701 crores and an EBITDA of 17,772 crores.
| QUARTERLY RESULTS OF GRASIM INDUSTRIES (in Rs. Cr.) | MARCH ’22 | DECEMBER ’21 | SEPTEMBER ’21 | JUNE ’21 | MARCH ’21 |
| Net Sales/Income from operations | 28,811.39 | 24,402.24 | 22,564.22 | 19,919.40 | 24,398.92 |
| Other Operating Income | — | — | — | — | — |
| Total Income From Operations | 28,811.39 | 24,402.24 | 22,564.22 | 19,919.40 | 24,398.92 |
| EXP. | |||||
| Consumption of Raw Materials | 5,093.38 | 4,478.82 | 3,941.11 | 3,376.29 | 3,735.48 |
| Purchase of Traded Goods | 513.43 | 384.77 | 238.58 | 267.78 | 291.03 |
| Increase/Decrease in Stocks | 188.46 | -262.6 | -106.91 | -740.69 | 265 |
| Power & Fuel | 5,002.75 | — | — | — | 3,314.68 |
| Employees Cost | 1,664.71 | 1,613.77 | 1,601.62 | 1,447.61 | 1,540.72 |
| Depreciation | 1,128.09 | 1,025.57 | 1,016.81 | 990.6 | 1,043.18 |
| Excise Duty | — | — | — | — | — |
| Admin. And Selling Expenses | — | — | — | — | — |
| R & D Expenses | — | — | — | — | — |
| Provisions And Contingencies | — | — | — | — | — |
| Exp. Capitalised | — | — | — | — | — |
| Other Expenses | 11,881.66 | 14,201.97 | 12,860.96 | 11,102.01 | 9,810.11 |
| P/L Before Other Inc., Int., Excpt. Items & Tax | 3,338.91 | 2,959.94 | 3,012.05 | 3,475.80 | 4,398.72 |
| Other Income | 179.86 | 121.54 | 253.36 | 269.89 | 130.61 |
| P/L Before Int., Excpt. Items & Tax | 3,518.77 | 3,081.48 | 3,265.41 | 3,745.69 | 4,529.33 |
| Interest | 314.06 | 260.31 | 311.65 | 409.68 | 886.96 |
| P/L Before Exceptional Items & Tax | 3,204.71 | 2,821.17 | 2,953.76 | 3,336.01 | 3,642.37 |
| Exceptional Items | -69.11 | — | — | — | -62.08 |
| P/L Before Tax | 3,135.60 | 2,821.17 | 2,953.76 | 3,336.01 | 3,580.29 |
| Tax | -464.2 | 275.1 | 1,065.02 | 1,060.40 | 1,064.14 |
| P/L After Tax from Ordinary Activities | 3,599.80 | 2,546.07 | 1,888.74 | 2,275.61 | 2,516.15 |
| Prior Year Adjustments | — | — | — | — | — |
| Extra Ordinary Items | 414.34 | 33.49 | 32.26 | 35.65 | 17.15 |
| Net Profit/(Loss) For the Period | 4,014.14 | 2,579.56 | 1,921.00 | 2,311.26 | 2,533.30 |
| Minority Interest | -1,293.31 | -909.31 | -673.22 | -780.67 | -901.15 |
| Share Of P/L Of Associates | 56.32 | 75.89 | 111.41 | 136.71 | 83.34 |
| Net P/L After M.I & Associates | 2,777.15 | 1,746.14 | 1,359.19 | 1,667.30 | 1,715.49 |
| Equity Share Capital | 131.67 | 131.66 | 131.64 | 131.62 | 131.62 |
| Reserves Excluding Revaluation Reserves | — | — | — | — | — |
| Equity Dividend Rate (%) | — | — | — | — | — |
| EPS BEFORE EXTRA ORDINARY | |||||
| Basic EPS | 42.29 | 26.6 | 20.7 | 25.39 | 26.13 |
| Diluted EPS | 42.23 | 26.56 | 20.67 | 25.35 | 26.1 |
| EPS AFTER EXTRA ORDINARY | |||||
| Basic EPS. | 42.29 | 26.6 | 20.7 | 25.39 | 26.13 |
| Diluted EPS. | 42.23 | 26.56 | 20.67 | 25.35 | 26.1 |
Grasim Stock Returns in 2020 & 2021
| Date | Price | Open | High | Low | Vol. | Chg% |
| Dec 21 | 1,622.25 | 1,667.00 | 1,769.70 | 1,587.55 | 21.66M | -2.42% |
| Nov 21 | 1,662.45 | 1,722.00 | 1,893.00 | 1,642.70 | 18.53M | -3.41% |
| Oct 21 | 1,721.10 | 1,659.95 | 1,798.40 | 1,590.00 | 22.49M | 3.09% |
| Sep 21 | 1,669.45 | 1,510.00 | 1,694.30 | 1,480.20 | 27.31M | 11.27% |
| Aug 21 | 1,500.40 | 1,560.83 | 1,609.90 | 1,430.05 | 22.92M | -3.28% |
| July 21 | 1,551.35 | 1,503.25 | 1,599.50 | 1,461.00 | 23.57M | 3.51% |
| Jun 21 | 1,498.75 | 1,475.60 | 1,547.00 | 1,420.05 | 28.14M | 1.87% |
| May 21 | 1,471.20 | 1,396.60 | 1,494.90 | 1,350.60 | 38.35M | 4.95% |
| April 21 | 1,401.75 | 1,460.00 | 1,472.70 | 1,262.00 | 31.34M | -3.36% |
| March 21 | 1,450.55 | 1,206.95 | 1,456.00 | 1,202.20 | 38.44M | 20.80% |
| Feb 21 | 1,200.80 | 1,060.00 | 1,289.00 | 1,047.35 | 39.65M | 13.75% |
| Jan 21 | 1,055.65 | 924.50 | 1,114.65 | 920.25 | 58.67M | 13.77% |
| Dec 20 | 927.85 | 867.00 | 954.00 | 862.15 | 45.67M | 5.95% |
| Nov 20 | 875.75 | 784.40 | 885.85 | 775.50 | 49.33M | 12.51% |
| Oct 20 | 778.35 | 749.20 | 804.00 | 733.45 | 42.09M | 4.59% |
| Sept 20 | 744.20 | 676.95 | 749.65 | 651.05 | 78.16M | 10.28% |
| Aug 20 | 674.85 | 630.00 | 717.50 | 610.70 | 76.87M | 6.60% |
| July 20 | 633.05 | 619.80 | 653.40 | 565.00 | 57.55M | 2.15% |
| June 20 | 619.70 | 592.50 | 644.40 | 568.20 | 52.94M | 5.18% |
| May 20 | 589.20 | 493.00 | 602.00 | 469.20 | 53.68M | 16.70% |
| April 20 | 504.90 | 477.90 | 572.85 | 451.20 | 47.25M | 6.05% |
| March 20 | 476.10 | 701.00 | 708.80 | 385.05 | 70.18M | -30.72% |
| Feb 20 | 687.20 | 775.00 | 806.65 | 684.00 | 44.52M | -11.77% |
| Jan 20 | 778.90 | 746.80 | 836.90 | 711.00 | 39.99M | 4.74% |
Grasim Listings and Indices
| Nifty 100 | NIfty 200 |
| Nifty 50 | Nifty 50 Equal Weight |
| NIfty 500 | Nifty 500 Multicap 50:25:25 Index |
| Nifty Commodities | Nifty High Beta 50 |
| Nifty Infrastructure | NIfty LargeMidCap 250 |
| Nifty Total Market | Nifty100 Equal Weight |
| Nifty50 USD | Nifty50 Value 20 |
| S&P BSE 100 | S&P BSE 100 ESG Index |
| S&P BSE 100 LargeCap TMC Index | S&P BSE 200 |
| S&P BSE 250 LargeMidCap Index | S&P BSE 500 |
| S&P BSE AllCap | S&P BSE Baisc Materials |
| S&P BSE Carbonex | S&P BSE Divident Stability Index |
| S&P BSE Dollex-100 | S&P BSE Dollex- 200 |
| S&P BSE Enhanced Value | S&P BSE Greenex |
| S&P BSE India Manufacturing | S&P BSE LargeCap |
| S&P BSE LargeMidCap | S&P BSE Momentum |
| S&P BSE Sensex 50 |
Should You Invest in Grasim?
Grasim Industries Ltd’s revenue climbed by 25% to Rs.957.01 billion in the fiscal year that ended on March 31, 2022, to Rs. 70.34 billion, net income before extraordinary items climbed by 73 per cent. Due to favourable market conditions, revenues reflect an increase in demand for the Company’s products and services. Finance Costs connected to NBFC/NHFCs B decreased by 11% to RS34.8B, boosting net income (expense).
The above-mentioned data depicts a distinctive surge in the price of Grasim’s share and hence proves to be good for investment or buying prospects.
FAQ’s about Grasim Share Price
Q1. Is Grasim a good stock?
Grasim’s Price-to-Earnings Ratio (13.4x) is attractive when compared to the Indian Basic Materials industry average (16.6x). GRASIM is a solid value stock based on its Price-to-Earnings Ratio (13.4x) versus the Indian market (20x).
Q2. Is Grasim a debt-free company?
After selling its fertiliser business, Grasim Industries, the flagship of the Aditya Birla Group, has become a net debt free firm on a standalone basis.
Q3. Will Grasim's share go up?
The movement as of 02 Jun 2022, Grasim Industries Limited “GRASIM’s” prediction appears to be significantly bearish.
Q4. Is Grasim a holding company?
Grasim industries ltd. controls three stocks with a net worth of around Rs. 16,330.6 crore, according to corporate shareholdings declared for March 31, 2022.
