Grasim Industries Ltd Analyst Rating
based on 11 analysts
70.00%
Buy
20.00%
Hold
10.00%
Sell
Based on 11 analysts offering long term price targets for Grasim Industries Ltd. An average target of ₹2886.27
Source: S&P Global Market Intelligence
Grasim Industries Ltd Share analysis
Grasim Industries Ltd price forecast by 11 analysts
Upside of7.49%
High
₹3100
Target
₹2886.27
Low
₹2435
Grasim Industries Ltd target price ₹2886.27, a slight upside of 7.49% compared to current price of ₹2599.7. According to 11 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Grasim Industries Ltd revenue growth forecast
Expected growth rate Q1, FY2026:
Forecast
Actual
Including amortisation and stock based compensations
Grasim Industries Ltd EPS growth forecast
EPS estimate Q1, FY2026:
Forecast
Actual
Source: S&P Global Market Intelligence
Grasim Industries Ltd Performance
Day's Low
Day's High
₹2,595.35₹2,68552 Week's Low
52 Week's High
₹2,016.55₹2,877.75
| Returns % | |
| 1 Month Return | + 6.67 % |
| 3 Month Return | -2.53 % |
| 1 Year Return | + 27.27 % |
| Market Stats | |
| Previous Close | ₹2,685.15 |
| Open | ₹2,685.00 |
| Volume | 8.87L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹1,76,819.72Cr |
Grasim Industries Ltd Key Statistics
| P/E Ratio | 39.61 |
| PEG Ratio | -1.21 |
| Market Cap | ₹1,76,819.72 Cr |
| P/B Ratio | 2.92 |
| EPS | 149.48 |
| Dividend Yield | 0.43 |
| Sector | Textiles |
| ROE | 2.7 |
Grasim Industries Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹1,76,819.72 Cr | 49.85% | 0.58 | ₹9,925 Cr | ₹1,30,978 Cr | |
| HOLD | ₹1,01,355.33 Cr | 7.28% | 0.54 | ₹2,396 Cr | ₹20,520 Cr | |
| BUY | ₹1,42,109.91 Cr | 38.12% | 0.51 | ₹4,738 Cr | ₹33,159 Cr | |
| BUY | ₹3,44,777.66 Cr | 37.98% | 0.57 | ₹7,003 Cr | ₹70,908 Cr | |
| BUY | ₹42,197.68 Cr | 10.73% | 0.52 | ₹2,336 Cr | ₹19,958 Cr |
Grasim Industries Ltd Mutual Fund Holdings
About Grasim Industries Ltd
Grasim Industries Ltd. is the largest producer of Viscose Staple Fibre in India and the world. It is also one of the largest producers of Cement in India with a capacity of over 20 million tonnes per annum. Grasim's chemical division produces caustic soda, chloromethanes, liquid chlorine, hydrochloric acid and other chemicals. Its textile division manufactures, markets and distributes a wide range of fabrics under the brand name ‘Grasim’.
The company's popular brands include Grasim Suiting, Grasim Shirts, Grasim Home Furnishing, Grasim Towels, Grasim Innerwear, Grasim Footwear, Grasim Jeans, Grasim Kids Wear, Grasim Accessories, Grasim Furniture and Grasim Furnishings.
Share Price: ₹2599.70 per share as on 17 Dec, 2024 04:01 PM
Market Capitalisation: ₹1,76,819.72Cr as of today
Revenue: ₹33,562.85Cr as on September 2024 (Q3 24)
Net Profit: ₹1,100.16Cr as on September 2024 (Q3 24)
Listing date: 03 Nov, 1994
Chairperson Name: Kumar Mangalam Birla
| Organisation | Grasim Industries Ltd |
| Headquarters | Mumbai |
| Industry | Textiles |
| E-voting on shares | Click here to vote |
Key events for Grasim Industries Ltd
Investec Raises Concerns Over Paints Sector Competition - 17 Dec, 2024
Investec has expressed concerns regarding the paints sector, highlighting weak demand and intense competition as challenges for Q3 FY25. While demand remains subdued, there is cautious optimism for a recovery in Q4. The entry of new players like Grasim could significantly impact market leaders such as Asian Paints and Berger Paints.Grasim Industries Approves Rs 2,000 Crore NCD Issuance - 12 Dec, 2024
Grasim Industries has received board approval to raise up to Rs 2,000 crore through non-convertible debentures (NCDs) on a private placement basis, aimed at supporting ongoing expansion plans.Grasim Industries Approves NCDs Amid Profit Decline - 11 Dec, 2024
Grasim Industries has approved a ₹2,000 crore NCD issue while reporting a significant drop in net profit for Q2. The company continues to expand its operations, including the Kharagpur plant's trial runs planned for FY2025.Grasim Industries Expands Production Capacity Amid Revenue Decline - 09 Dec, 2024
Grasim Industries has expanded its Caustic Soda Lye production capacity by 400 TPD at its Gujarat plant, aiming for an annual revenue boost of ₹500 crore. However, the company reported a 45.6% decline in net profit year-over-year for Q2 FY25, despite an 11.05% increase in consolidated revenue from operations.Grasim Challenges Market Leaders with Paints Entry - 05 Dec, 2024
Grasim Industries has entered the paints sector with its brand Birla Opus, investing ₹10,000 crore to compete against established players like Asian Paints. The company is expanding its distribution network and launching innovative products, positioning itself for significant market share growth.Grasim Industries Shares Rise, Market Cap Gains - 02 Dec, 2024
Grasim Industries Limited's shares increased by 2.31%, resulting in a market cap rise of Rs 4,052 crore, reaching Rs 1,75,585.02 crore. The stock's positive performance reflects the company's focus on expansion and operational efficiency.Grasim Industries Shows Potential for Short-Term Gains - 26 Nov, 2024
Grasim Industries Ltd has bounced back after falling 10% from recent highs, finding support above the 200-day EMA. Experts suggest buying for targets of Rs 2,750-2,800.Grasim Reports Mixed Financial Results for September 2024 - 22 Nov, 2024
Grasim Industries reported a 11.06% increase in net sales to Rs 33,562.85 crore for September 2024. However, net profit fell 66.5% to Rs 389.90 crore, and EBITDA decreased by 10.37%. EPS also dropped to Rs 5.86 from Rs 17.73. Despite these challenges, shares have shown positive returns over the last 6 and 12 months.Grasim Industries Targets Growth in Paints and VSF - 21 Nov, 2024
Grasim Industries is ramping up its paints business, aiming for a high single-digit market share and $1 billion revenue. Analysts maintain buy ratings with revised target prices, highlighting recovery in VSF and overall revenue growth despite challenges in chemicals.Grasim Industries Receives Upgrade Amid Paints Growth - 20 Nov, 2024
ICICI Securities has upgraded Grasim Industries to ADD with a target price of Rs 2,731, highlighting the promising ramp-up of its new decorative paints business, Birla Opus. Despite a decline in EBITDA due to losses in other segments, the paints revenue is projected to reach Rs 40 billion by FY26.Grasim Expands Paint Capacity with New Plant - 19 Nov, 2024
Grasim Industries has commenced operations at its fourth paint manufacturing facility in Chamarajnagar, Karnataka, increasing its total capacity to 866 MLPA, positioning it as India's second-largest decorative paint manufacturer. The company aims for Rs. 10,000 crore revenue within three years.Grasim Faces Profit Drop but Analysts Remain Positive - 18 Nov, 2024
Grasim Industries reported a 66% drop in net profit, yet revenue rose 11.1%. Analysts maintain Buy ratings, adjusting target prices amid mixed performance.
Insights on Grasim Industries Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTPrice Rise
In the last 7 days, GRASIM stock has moved up by 1.1%
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 6.06% to 7.02% in Sep 2024 quarter
- POSITIVE IMPACT
Promoter Holding Up
Promoters have increased holdings from 43.06% to 43.11% in Sep 2024 quarter
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, GRASIM has outperformed top 5 stocks with highest market-cap in Construction Materials
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 13.69% to 13.78% in Sep 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, UltraTech Cement Ltd has given 62.8% return, outperforming this stock by 1.6%
NEGATIVE IMPACTRevenue Fall
Revenue is down for the last 3 quarters, 38.24K Cr → 34.04K Cr (in ₹), with an average decrease of 5.5% per quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 23.28% to 22.99% in Sep 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 4 quarters, 1.51K Cr → 389.9 Cr (in ₹), with an average decrease of 29.7% per quarter
News
Zee says $239 mn fundraise will fortify growth plans
Zee Entertainment Enterprises raised $239 million via foreign currency convertible bonds to bolster its financial position and drive growth strategies. This fundraising initiative aims to provide the necessary capital for both organic and inorganic expansion. The bonds attracted interest from various funds. Additionally, the company is addressing staff morale following a 15% workforce reduction.01 Aug, 2024 07:17 AMNot found. Sign Up to RSS.app to use this feed.
Not found. Sign Up to RSS.app to use this feed. - create a new RSS feed at RSS.app. - (tPKFNuVtDQwNRmjv)08 Aug, 2024 05:51 PMGrasim Industries Ltd Financials
Index Inclusions
Grasim Industries Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 43.11% | 0.13 | |
| Foreign Institutions | 13.78% | 0.65 | |
| Mutual Funds | 7.02% | 15.92 | |
| Retail Investors | 22.99% | ||
| Others | 13.09% |
Grasim Industries Ltd Key Indicators
Grasim Industries Ltd Valuation
Grasim Industries Ltd in the last 5 years
Lowest (6.49x)
March 24, 2020
Today (39.61x)
December 16, 2024
Industry (82.09x)
December 16, 2024
Highest (70.33x)
October 1, 2018
Grasim Industries Ltd Earnings and Dividends
Grasim Industries Ltd Earnings Results
Grasim Industries Ltd’s net profit fell -66.5% since last year same period to ₹389.90Cr in the Q2 2024-2025. On a quarterly growth basis, Grasim Industries Ltd has generated -67.72% fall in its net profits since last 3-months.
Read More about Earnings ResultsGrasim Industries Ltd Dividends May,2024
In the quarter ending March 2024, Grasim Industries Ltd has declared dividend of ₹10 - translating a dividend yield of 0.77%.
Read More about Dividends
Grasim Industries Ltd Technicals Summary
Bearish
Neutral
Bullish
Grasim Industries Ltd is currently in a Bearish trading position according to technical analysis indicators.
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Grasim Industries Ltd (GRASIM) share price today is ₹2599.7
Grasim Industries Ltd is listed on NSE
Grasim Industries Ltd is listed on BSE
- Today’s highest price of Grasim Industries Ltd is ₹2685.
- Today’s lowest price of Grasim Industries Ltd is ₹2595.35.
PE Ratio of Grasim Industries Ltd is 39.61
PE ratio = Grasim Industries Ltd Market price per share / Grasim Industries Ltd Earnings per share
Today’s traded volume of Grasim Industries Ltd(GRASIM) is 8.87L.
Today’s market capitalisation of Grasim Industries Ltd(GRASIM) is ₹176819.72Cr.
| Grasim Industries Ltd(GRASIM | Price |
|---|---|
52 Week High | ₹2877.75 |
52 Week Low | ₹2016.55 |
Grasim Industries Ltd(GRASIM) share price is ₹2599.7. It is down -9.66% from its 52 Week High price of ₹2877.75
Grasim Industries Ltd(GRASIM) share price is ₹2599.7. It is up 28.92% from its 52 Week Low price of ₹2016.55
| Grasim Industries Ltd(GRASIM | Returns |
|---|---|
1 Day Returns | -85.45% |
1 Month Returns | 6.67% |
3 Month Returns | -2.53% |
1 Year Returns | 27.27% |