Grasim Industries share price
NSE: GRASIMBSE: 500300Cement & Cement ProductsLarge Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹2,894.40.
- 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.
- ₹1,96,960 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. The filing of 12 Aug 2026
- 34.6
- 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. The filing of 20 May 2026
- 1.9
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.35%
- 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. The filing of 12 Aug 2026
- 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. The filing of 12 Aug 2026
- 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. The filing of 20 May 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.
- 3,14,07547.7% delivered
Results
Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 12 Aug
- 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.
- ₹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.
- 7.9%
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 | Sep 2024Filed 14 Nov | Dec 2024Filed 10 Feb | Mar 2025Filed 4 Jul | Jun 2025Filed 8 Aug | Sep 2025Filed 5 Nov | Dec 2025Filed 10 Feb | Mar 2026Filed 20 May | Jun 2026Filed 12 Aug |
|---|---|---|---|---|---|---|---|---|
| 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 marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 3.3% | 5.3% | 6.7% | 6.9% | 3.8% | 5.0% | 7.4% | 7.9% |
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.
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.PE ratio and valuation history
At or below today's level on 84% of 1,884 trading days over the last 10 years.
At or below today's level on 79% of 1,967 trading days since Nov 2018.
At or below today's level on 70% of 1,839 trading days since May 2019.
At or below today's level on 10% of 2,462 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 funds holding it
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.Mutual fund holdings
- 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.
- 19
| Fund | |||
|---|---|---|---|
 SBI Nifty 50 ETFSBI Mutual Fund | 73,19,604 | 1.10% | ₹2,241.2 Cr |
 UTI Nifty 50 ETFUTI Mutual Fund | 25,10,213 | 1.10% | ₹768.6 Cr |
 Nippon India ETF Nifty 50 BeESNippon India Mutual Fund | 23,49,790 | 1.10% | ₹719.5 Cr |
 ICICI Prudential Nifty 50 ETFICICI Prudential Mutual Fund | 15,40,731 | 1.10% | ₹471.8 Cr |
 Aditya Birla Sun Life Flexi Cap FundAditya Birla Sun Life Mutual Fund | 14,50,000 | 1.59% | ₹444.0 Cr |
| Aditya Birla Sun Life Large Cap FundAditya Birla Sun Life Mutual Fund | 11,82,037 | 1.30% | ₹361.9 Cr |
| SBI Contra FundSBI Mutual Fund | 11,15,585 | 0.76% | ₹341.6 Cr |
| UTI Nifty 50 Index FundUTI Mutual Fund | 10,12,235 | 1.10% | ₹309.9 Cr |
 Franklin India Flexi Cap FundFranklin Templeton Mutual Fund | 9,08,986 | 1.53% | ₹278.3 Cr |
 HDFC Nifty 50 Index FundHDFC Mutual Fund | 8,02,242 | 1.10% | ₹245.6 Cr |
Peers and competitors
Cement & Cement Products, 38 listed companies, priced on 23 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.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Ambuja CementsAMBUJACEM | 89,180 | – | 1.5 | 14.3 | +7.7% | – | – | 3.4% | 0.56% |
 Shree CementSHREECEM | 82,030 | 50.3 | 3.5 | 18.2 | +12.6% | +9.6% | 7.3% | 7.0% | 0.66% |
 JK CementJKCEMENT | 37,506 | 39.7 | 5.3 | 18.5 | +15.9% | −5.5% | 14.4% | 12.6% | 0.41% |
 Dalmia BharatDALBHARAT | 29,847 | 32.0 | 1.7 | 12.1 | +7.6% | −0.2% | 5.3% | 6.5% | 0.57% |
 ACCACC | 21,772 | 11.4 | 1.1 | 8.1 | +11.8% | −21.1% | 9.8% | 7.3% | 0.65% |
 The Ramco CementsRAMCOCEM | 17,471 | 27.1 | 2.2 | 15.7 | +8.6% | +101.2% | 8.3% | 5.0% | 0.34% |
 JSW CementJSWCEMENT | 15,949 | 21.0 | 2.4 | 16.1 | – | – | 11.6% | 8.2% | 0.43% |
 Nuvoco Vistas CorporationNUVOCO | 11,808 | 28.5 | 1.2 | 8.6 | +10.6% | +52.0% | 4.4% | 6.6% | 0.00% |
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
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.| 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. | ₹10.00 |
| 12 Aug 2025 | 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. | ₹10.00 |
| 6 Aug 2024 | 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. | ₹10.00 |
| 11 Aug 2023 | 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. | ₹10.00 |
| 11 Aug 2022 | 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. | ₹5.00 |
| 11 Aug 2022 | Special | ₹5.00 |
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
23 Oct · News Verification
Exchange has sought clarification from Grasim Industries Limited with respect to recent news item captioned Bombay HC Quashes Rs 329 Crore Tax Claim Against Grasim Over Vodafone Idea Rights Issue.. The response from the Company is awaited.21 Oct · Commencement of commercial production/operations
16 Oct · General Updates
Sep 2026
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 last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 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% |
| 12 Oct 2026 | 2,899.40 | 2,919.50 | 2,854.80 | 2,858.00 | 2,874.32 | 1,17,363 | 47.0% |
| 9 Oct 2026 | 2,863.80 | 2,894.90 | 2,857.80 | 2,890.00 | 2,882.57 | 2,22,643 | 60.2% |
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. |
About Grasim Industries
Grasim Industries is a diversified Indian company that belongs to the Aditya Birla Group. It was incorporated in 1947 and started as a textiles manufacturer. Its registered office is at Nagda in Madhya Pradesh, its corporate office is in Worli, Mumbai, and it employs nearly 50,000 people.
Its businesses are grouped into Cellulosic Fibres, Chemicals, Building Materials, Financial Services and Other Businesses. Cellulosic Fibres makes cellulosic staple fibre and cellulosic fashion yarn for textiles, and the staple fibre is exported to over 50 countries. Chemicals makes caustic soda, chlorine derivatives and specialty chemicals such as epoxy resins and curing agents. Building Materials covers cement, decorative paints under the Birla Opus brand, and Birla Pivot, a business-to-business e-commerce platform for building materials. Financial Services covers lending, insurance and asset management. Other Businesses are textiles, renewable energy and insulators.
The company has 27 plants across India. The cement business is run by UltraTech Cement, a subsidiary in which Grasim holds 56.11 per cent. UltraTech also operates in the UAE, Bahrain and Sri Lanka. Aditya Birla Capital runs financial services and Aditya Birla Renewables runs renewable energy; both are subsidiaries. Grasim also has pulp and fibre joint ventures in Canada, Sweden and China.
Its chemicals business was launched in 1972. Aditya Birla Nuvo, another group company, was merged into Grasim with effect from July 2017. The Birla Opus brand was launched in 2024 and now has six plants. In the year to March 2026, UltraTech integrated its acquisitions India Cements and Kesoram Cement. Kumar Mangalam Birla chairs both Grasim's board and the Aditya Birla Group, which operates in 41 countries.
- Legal name
- Grasim Industries Limited
- NSE symbol
- GRASIM
- BSE code
- 500300
- ISIN
- INE047A01021
- Industry
- Cement & Cement Products
- Listed
- Jan 1957 on BSE, May 1995 on NSE
- Face value
- ₹2
- CIN
- L17124MP1947PLC000410
- Corporate identity number, the registrar of companies' code for it