as of —
₹—
Change
—
Day Open
₹—
Day High
₹—
Day Low
₹—
NSE Close — 25 Sep 2026
₹3,191.0
Change
+24.5 (0.77%)
Open
₹3,175.0
Prev. Close
₹3,166.5
Day High
₹3,212.5
Day Low
₹3,161.0
Volume Analysis
Traded
773,413
Delivered
461,742
Delivery %
59.7%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (2)
- •Promoter holding is rising
- •Strong operating margin (21.0%)
Weaknesses (3)
- •High debt-to-equity ratio (2.2)
- •Low return on equity (4.98%)
- •Below-average fundamentals quality score (46/100)
Opportunities (1)
- •FII holding has been rising
Threats (0)
No signal for this stock
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹3,266.84 | ₹3,239.67 | ₹3,215.34 | ₹3,188.17 | ₹3,163.84 | ₹3,136.67 | ₹3,112.34 |
| Fibonacci | ₹3,239.67 | ₹3,220.0 | ₹3,207.84 | ₹3,188.17 | ₹3,168.5 | ₹3,156.34 | ₹3,136.67 |
| Camarilla | ₹3,205.16 | ₹3,200.44 | ₹3,195.72 | ₹3,188.17 | ₹3,186.28 | ₹3,181.56 | ₹3,176.84 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
+11.9%
1 Week
+0.79%
1 Month
-3.01%
3 Months
+2.94%
6 Months
+23.07%
1 Year
+16.17%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹1,579.85
Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
10.43%
Net margin 6.12% × asset turnover 0.31x × equity multiplier 5.5x
Company Overview
Sector
Construction Materials
Market Cap
₹215,293 Cr
P/E (TTM)
37.5
ROE
4.98%
Book Value
₹1,520.0
Face Value
₹2.0
Source: Screener.in (Consolidated figures) — data as of 24 Sep 2026. Not investment advice.
TopFund Analysis
Grasim Industries Ltd scores weakly on TopFund's composite fundamentals check within the Construction Materials sector, at 46/100. The strongest factor is Corporate Governance (90/100), while Financial Strength (0/100) is the weakest area to weigh before deciding. Notably: Promoter holding is rising; strong operating margin (21.0%); high debt-to-equity ratio (2.2); low return on equity (4.98%). FII holding has been rising.
TopFund Score — Fundamentals Quality
46/100 — WeakData confidence: 78/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- −Company has a low return on equity of 5.21% over last 3 years.
- −Dividend payout has been low at 14.6% of profits over last 3 years
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
Grasim repaid ₹750 crore commercial papers in full on 24 September 2026; outstanding nil.
ABReN allotted 23.15 crore shares to Grasim for ₹235 crore on 23 September 2026.
Grasim fully repaid 800 crore commercial papers on 18 September 2026.
AVNB will temporarily idle its 190K TPA Nackawic pulp mill around end-October 2026.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 31,065 | 30,221 | 31,965 | 37,727 | 34,610 | 34,223 | 35,378 | 44,267 | 40,118 | 39,900 | 44,312 | 51,101 | 48,716 |
| Expenses + | 24,708 | 24,173 | 25,073 | 29,835 | 27,927 | 28,197 | 28,575 | 35,517 | 31,296 | 32,228 | 35,442 | 40,227 | 37,565 |
| Operating Profit | 6,357 | 6,048 | 6,893 | 7,892 | 6,682 | 6,026 | 6,804 | 8,750 | 8,822 | 7,671 | 8,870 | 10,874 | 11,152 |
| OPM % | 20.0% | 20.0% | 22.0% | 21.0% | 19.0% | 18.0% | 19.0% | 20.0% | 22.0% | 19.0% | 20.0% | 21.0% | 23.0% |
| Other Income + | 296 | 285 | 256 | -48 | 247 | 403 | 382 | 485 | 376 | 406 | 65 | 143 | 318 |
| Interest | 2,032 | 2,226 | 2,433 | 2,586 | 2,795 | 3,027 | 3,270 | 3,407 | 3,551 | 3,669 | 3,909 | 4,015 | 4,298 |
| Depreciation | 1,183 | 1,245 | 1,244 | 1,329 | 1,443 | 1,572 | 1,608 | 1,831 | 1,810 | 1,899 | 1,975 | 2,042 | 1,988 |
| Profit before tax | 3,438 | 2,862 | 3,472 | 3,928 | 2,691 | 1,830 | 2,308 | 3,996 | 3,837 | 2,510 | 3,051 | 4,960 | 5,183 |
| Tax % | 25.0% | 29.0% | 25.0% | 31.0% | 23.0% | 46.0% | 25.0% | 26.0% | 28.0% | 40.0% | 27.0% | 26.0% | 26.0% |
| Net Profit + | 2,576 | 2,024 | 2,603 | 2,722 | 2,066 | 983 | 1,734 | 2,973 | 2,771 | 1,498 | 2,233 | 3,684 | 3,846 |
| EPS in Rs | 23 | 17 | 22 | 21 | 16 | 5 | 12 | 22 | 21 | 8 | 15 | 28 | 32 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 31,734 | 34,487 | 36,068 | 55,894 | 77,200 | 68,252 | 76,404 | 95,701 | 117,627 | 130,978 | 148,478 | 175,431 | 184,029 |
| Expenses + | 26,590 | 28,576 | 28,682 | 44,281 | 60,560 | 57,880 | 57,769 | 75,270 | 96,038 | 103,783 | 120,216 | 139,135 | 145,462 |
| Operating Profit | 5,144 | 5,911 | 7,387 | 11,612 | 16,640 | 10,373 | 18,635 | 20,431 | 21,589 | 27,195 | 28,262 | 36,296 | 38,567 |
| OPM % | 16.0% | 17.0% | 20.0% | 21.0% | 22.0% | 15.0% | 24.0% | 21.0% | 18.0% | 21.0% | 19.0% | 21.0% | 21.0% |
| Other Income + | 530 | 1,320 | 1,076 | 410 | -1,846 | 7,076 | 1,130 | 1,648 | 3,733 | 783 | 1,517 | 1,047 | 932 |
| Interest | 667 | 718 | 702 | 3,663 | 6,060 | 6,890 | 5,723 | 4,776 | 6,044 | 9,277 | 12,500 | 15,144 | 15,891 |
| Depreciation | 1,563 | 1,834 | 1,808 | 2,724 | 3,571 | 4,004 | 4,033 | 4,161 | 4,552 | 5,001 | 6,454 | 7,726 | 7,904 |
| Profit before tax | 3,443 | 4,679 | 5,952 | 5,635 | 5,163 | 6,554 | 10,009 | 13,143 | 14,727 | 13,700 | 10,825 | 14,473 | 15,704 |
| Tax % | 30.0% | 26.0% | 29.0% | 35.0% | 47.0% | -1.0% | 30.0% | 15.0% | 25.0% | 28.0% | 28.0% | 29.0% | — |
| Net Profit + | 2,582 | 3,455 | 4,246 | 3,688 | 2,745 | 6,639 | 6,987 | 11,206 | 11,078 | 9,926 | 7,756 | 10,300 | 11,261 |
| EPS in Rs | 37 | 51 | 66 | 39 | 25 | 65 | 63 | 111 | 100 | 85 | 54 | 73 | 83 |
| Dividend Payout % | 9.0% | 9.0% | 8.0% | 15.0% | 27.0% | 6.0% | 14.0% | 9.0% | 10.0% | 12.0% | 18.0% | 14.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | 23,048 | 27,336 | 31,294 | 57,230 | 57,888 | 56,501 | 65,362 | 75,567 | 78,610 | 88,520 | 97,373 | 103,334 |
| Borrowings + | 11,930 | 12,505 | 9,213 | 67,070 | 84,487 | 84,777 | 79,078 | 74,744 | 103,039 | 137,155 | 186,326 | 227,853 |
| Other Liabilities + | 18,963 | 19,642 | 22,147 | 83,467 | 98,620 | 102,772 | 122,777 | 138,706 | 155,042 | 186,309 | 216,206 | 237,811 |
| Total Liabilities | 54,033 | 59,576 | 62,747 | 207,899 | 241,127 | 244,181 | 267,349 | 289,149 | 336,823 | 412,116 | 500,040 | 569,134 |
| Fixed Assets + | 31,828 | 34,271 | 34,786 | 69,257 | 87,129 | 87,736 | 85,023 | 88,996 | 94,896 | 100,494 | 141,148 | 149,452 |
| CWIP | 2,755 | 1,788 | 1,297 | 2,290 | 2,766 | 3,904 | 5,769 | 6,615 | 7,778 | 18,358 | 14,765 | 16,465 |
| Investments | 7,255 | 10,601 | 14,200 | 65,995 | 62,747 | 66,337 | 88,017 | 96,766 | 105,355 | 129,306 | 140,496 | 154,982 |
| Other Assets + | 12,194 | 12,916 | 12,464 | 70,356 | 88,484 | 86,204 | 88,540 | 96,771 | 128,793 | 163,959 | 203,632 | 248,236 |
| Total Assets | 54,033 | 59,576 | 62,747 | 207,899 | 241,127 | 244,181 | 267,349 | 289,149 | 336,823 | 412,116 | 500,040 | 569,134 |
| Equity Capital | 92 | 93 | 93 | 131 | 132 | 132 | 132 | 132 | 132 | 133 | 136 | 136 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 4,594 | 5,868 | 7,288 | -4,140 | -1,659 | 16,620 | 15,075 | 7,038 | -12,685 | -10,719 | -17,170 | -17,810 |
| Cash from Investing Activity + | -2,359 | -4,515 | -3,509 | 1,546 | -2,212 | -11,364 | -7,146 | -1,053 | -13,712 | -23,114 | -23,313 | -17,798 |
| Cash from Financing Activity + | -2,278 | -1,365 | -3,799 | 3,449 | 4,158 | -3,418 | -8,003 | -6,733 | 26,469 | 33,908 | 42,978 | 33,523 |
| Net Cash Flow | -42 | -11 | -20 | 856 | 287 | 1,838 | -75 | -748 | 72 | 75 | 2,495 | -2,085 |
| CFO/OP | 95 | 119 | 112 | -21 | 1 | 177 | 91 | 49 | -49 | -30 | -52 | -42 |
| Free Cash Flow | 1,315 | 3,120 | 5,495 | -7,186 | -5,667 | 11,638 | 11,525 | -1,467 | -24,610 | -30,042 | -33,688 | -33,130 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Others | 0.35% | 0.33% | 0.31% | 0.3% | 0.31% | 0.31% | 0.3% | 0.3% | 0.31% | 0.36% | 0.34% | 0.34% |
| Public | 27.8% | 27.69% | 27.24% | 26.29% | 25.04% | 25.17% | 24.87% | 24.87% | 24.92% | 24.93% | 24.75% | 25.15% |
| Promoters | 42.75% | 42.75% | 43.05% | 43.05% | 43.11% | 43.11% | 43.11% | 43.11% | 43.11% | 43.21% | 43.73% | 43.73% |
| FII | 12.17% | 12.52% | 12.7% | 13.69% | 13.78% | 13.5% | 13.45% | 13.79% | 14.37% | 14.49% | 14.91% | 14.63% |
| DII | 16.9% | 16.7% | 16.69% | 16.66% | 17.75% | 17.9% | 18.24% | 17.91% | 17.27% | 16.99% | 16.28% | 16.13% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Construction Materials — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Grasim Industries Ltd (this stock) | 215,293 | 37.5 | 2.09 | 4.98% |
| Ultratech Cement Limited | 328,715 | 38.1 | 4.29 | 11.1% |
| Ambuja Cements Ltd | 95,442 | 20.3 | 1.6 | 8.85% |
| Shree Cement Limited | 81,254 | 49.8 | 3.49 | 7.51% |
| JK Cement Limited | 38,654 | 39.6 | 5.49 | 15.6% |
| Dalmia Bharat Limited | 32,685 | 29.8 | 1.82 | 6.11% |
| ACC Limited | 23,212 | 12.2 | 1.13 | 10.9% |
Which Mutual Funds Hold Grasim Industries Ltd?
Frequently Asked Questions about Grasim Industries Ltd
Grasim Industries Ltd (GRASIM) closed at ₹3,191.0 on NSE on 25 September 2026, up 24.5 (0.77%) from the previous close.
Grasim Industries Ltd trades on the NSE (National Stock Exchange of India) under the symbol GRASIM.
Grasim Industries Ltd has a trailing twelve-month P/E (price-to-earnings) ratio of 37.5.
Grasim Industries Ltd has a dividend yield of 0.32%.
Grasim Industries Ltd's 52-week high is ₹3,412.0 and its 52-week low is ₹2,502.0.
Grasim Industries Ltd has a market capitalisation of ₹215,293 crore.
Grasim Industries Ltd has a TopFund Quality Score of 46/100 (Weak), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
Community Sentiment
What are other investors saying about Grasim Industries Ltd?
No votes yet — be the first to share your view.
Sign in to voteDiscussion
User-generated content — not investment advice, and not verified or endorsed by TopFund.
Sign in to join the discussionNo comments yet — start the discussion.