Grasim Industries Ltd.
GRASIMCommodities filings
We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
18 transcript(s)/analyst meet(s) served; 0 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 18 documents here); elsewhere sentences render unattributed.
| Kind | Date | Period | Served | Attribution rate |
|---|---|---|---|---|
| TRANSCRIPT | 20220530 | 2022-03-31 | yes | |
| TRANSCRIPT | 20220817 | 2022-06-30 | yes | |
| TRANSCRIPT | 20221116 | 2022-09-30 | yes | |
| TRANSCRIPT | 20230216 | 2022-12-31 | yes | |
| TRANSCRIPT | 20230529 | 2023-03-31 | yes | |
| TRANSCRIPT | 20230814 | 2023-06-30 | yes | |
| TRANSCRIPT | 20231120 | 2023-09-30 | yes | |
| TRANSCRIPT | 20240213 | 2023-12-31 | yes | |
| TRANSCRIPT | 20240528 | 2024-03-31 | yes | |
| TRANSCRIPT | 20240814 | 2024-06-30 | yes | |
| TRANSCRIPT | 20241119 | 2024-09-30 | yes | |
| TRANSCRIPT | 20250217 | 2024-12-31 | yes | |
| TRANSCRIPT | 20250528 | 2025-03-31 | yes | |
| TRANSCRIPT | 20250814 | 2025-06-30 | yes | |
| TRANSCRIPT | 20251111 | 2025-09-30 | yes | |
| TRANSCRIPT | 20260213 | 2025-12-31 | yes | |
| TRANSCRIPT | 20260525 | 2026-03-31 | yes | |
| TRANSCRIPT | 20260817 | 2026-06-30 | yes |
GRASIM
files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
| Statement division | general |
| Scope served | consolidated |
| Panels on this page | 4 |
Market
No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.
| Last close | 3,166.50 |
| 52-week range | 2531.1 – 3380.5 |
| Return 1M | -3.74% |
| Return 3M | 1.28% |
| Return 1Y | 12.79% |
| Return 3Y | 63.23% |
| Return 5Y | 94.29% |
| Market capitalisation | not shown — we could not confirm it |
| Shares outstanding | not shown — we could not confirm it |
| P/E | not shown — we could not confirm it |
| P/B | not shown — we could not confirm it |
| EV/EBITDA | not shown — we could not confirm it |
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
| Revenue from operations | 48,716.00 |
| Other income | 305.00 |
| Total income | 49,021.00 |
| Cost of materials consumed | 9,298.00 |
| Purchases of stock-in-trade | 3,378.00 |
| Changes in inventories | -629.00 |
| Employee benefit expense | 3,026.00 |
| Finance costs | 919.00 |
Ownership — 2026-06-30, and the change from 2026-03-31
| Holder | Per cent | Change |
|---|---|---|
| promoter and promoter group | 0.44 | 0.00 |
| institutions foreign | 0.17 | -0.00 |
| institutions domestic | 0.16 | -0.00 |
| mutual funds | 0.06 | -0.00 |
| public | 0.56 | 0.00 |
Documents on file
| Class | Most recent | On file |
|---|---|---|
| TRANSCRIPT | 2026-06-30 | 18 |
Financial statements
Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Quarterly results, as filed
| Line | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 27,486.00 | 28,638.00 | 33,462.00 | 31,065.00 | 30,221.00 | 31,965.00 | 37,727.00 | 33,861.00 | 33,563.00 | 34,793.00 | 44,267.00 | 40,118.00 | 39,900.00 | 44,312.00 | 51,101.00 | 48,716.00 |
| Other income | 252.00 | 2,972.00 | 220.00 | 296.00 | 285.00 | 256.00 | 427.00 | 300.00 | 395.00 | 369.00 | 383.00 | 342.00 | 345.00 | 265.00 | 228.00 | 305.00 |
| Total income | 27,738.00 | 31,609.00 | 33,682.00 | 31,361.00 | 30,505.00 | 32,222.00 | 38,154.00 | 34,161.00 | 33,958.00 | 35,162.00 | 44,651.00 | 40,460.00 | 40,245.00 | 44,577.00 | 51,329.00 | 49,021.00 |
| Cost of materials consumed | 5,278.00 | 5,092.00 | 5,912.00 | 5,567.00 | 5,407.00 | 5,615.00 | 5,840.00 | 6,232.00 | 6,316.00 | 6,605.00 | 7,483.00 | 7,657.00 | 7,542.00 | 8,082.00 | 8,694.00 | 9,298.00 |
| Purchases of stock-in-trade | 409.00 | 428.00 | 518.00 | 659.00 | 768.00 | 621.00 | 1,110.00 | 1,120.00 | 1,260.00 | 1,691.00 | 2,050.00 | 2,151.00 | 2,409.00 | 2,879.00 | 3,670.00 | 3,378.00 |
| Changes in inventories | -554.00 | -354.00 | 265.00 | -185.00 | -279.00 | -249.00 | 545.00 | -292.00 | -433.00 | -292.00 | 208.00 | -313.00 | -21.00 | 58.00 | 379.00 | -629.00 |
| Employee benefit expense | 1,849.00 | 1,797.00 | 1,878.00 | 1,859.00 | 1,983.00 | 2,064.00 | 2,057.00 | 2,111.00 | 2,386.00 | 2,419.00 | 2,685.00 | 2,595.00 | 2,773.00 | 2,864.00 | 3,014.00 | 3,026.00 |
| Finance costs | 313.00 | 340.00 | 338.00 | 361.00 | 398.00 | 433.00 | 463.00 | 481.00 | 581.00 | 699.00 | 821.00 | 816.00 | 869.00 | 933.00 | 922.00 | 919.00 |
| Depreciation and amortisation | 1,116.00 | 1,139.00 | 1,207.00 | 1,183.00 | 1,245.00 | 1,244.00 | 1,329.00 | 1,368.00 | 1,496.00 | 1,532.00 | 1,831.00 | 1,810.00 | 1,899.00 | 1,975.00 | 2,042.00 | 1,988.00 |
| Other expenses | 16,972.00 | 18,059.00 | 20,237.00 | 18,480.00 | 18,117.00 | 19,021.00 | 22,406.00 | 20,229.00 | 20,388.00 | 20,071.00 | 25,676.00 | 21,941.00 | 22,325.00 | 24,480.00 | 27,562.00 | 25,871.00 |
| Total expenses | 25,384.00 | 26,501.00 | 30,355.00 | 27,923.00 | 27,639.00 | 28,749.00 | 33,750.00 | 31,249.00 | 31,993.00 | 32,724.00 | 40,756.00 | 36,657.00 | 37,796.00 | 41,270.00 | 46,282.00 | 43,851.00 |
| Profit before exceptional items and tax | 2,354.00 | 5,108.00 | 3,328.00 | 3,438.00 | 2,866.00 | 3,473.00 | 4,404.00 | 2,912.00 | 1,965.00 | 2,438.00 | 3,895.00 | 3,803.00 | 2,449.00 | 3,307.00 | 5,047.00 | 5,170.00 |
| Exceptional items | -88.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -569.00 | 32.00 | -83.00 | 0.00 | -67.00 | -38.00 | 0.00 | -200.00 | -85.00 | -13.00 |
| Profit before tax | 2,266.00 | 5,108.00 | 3,328.00 | 3,438.00 | 2,866.00 | 3,473.00 | 3,835.00 | 2,944.00 | 1,882.00 | 2,438.00 | 3,828.00 | 3,765.00 | 2,449.00 | 3,107.00 | 4,962.00 | 5,157.00 |
| Current tax | 759.00 | 590.00 | 1,100.00 | 814.00 | 762.00 | 708.00 | 1,130.00 | 675.00 | 474.00 | 545.00 | 851.00 | 1,039.00 | 711.00 | 766.00 | 1,079.00 | 1,154.00 |
| Deferred tax | 88.00 | 42.00 | -41.00 | 48.00 | 75.00 | 161.00 | 77.00 | 34.00 | 394.00 | 59.00 | 172.00 | 27.00 | 301.00 | 52.00 | 197.00 | 183.00 |
| Tax expense | 847.00 | 632.00 | 1,059.00 | 862.00 | 838.00 | 868.00 | 1,207.00 | 708.00 | 867.00 | 604.00 | 1,023.00 | 1,066.00 | 1,012.00 | 818.00 | 1,276.00 | 1,337.00 |
| Profit for the period | 1,509.00 | 4,455.00 | 2,356.00 | 2,576.00 | 2,024.00 | 2,603.00 | 2,722.00 | 2,268.00 | 1,100.00 | 1,844.00 | 2,973.00 | 2,767.00 | 1,498.00 | 2,233.00 | 3,802.00 | 3,846.00 |
| Profit attributable to owners | 1,009.00 | 2,516.00 | 1,369.00 | 1,576.00 | 1,164.00 | 1,514.00 | 1,370.00 | 1,208.00 | 390.00 | 899.00 | 1,496.00 | 1,419.00 | 553.00 | 1,037.00 | 1,958.00 | 2,146.00 |
| Profit attributable to non-controlling interests | 500.00 | 1,939.00 | 987.00 | 1,000.00 | 860.00 | 1,089.00 | 1,352.00 | 1,060.00 | 710.00 | 945.00 | 1,477.00 | 1,348.00 | 945.00 | 1,196.00 | 1,844.00 | 1,700.00 |
| Other comprehensive income | 1,437.00 | 77.00 | -1,714.00 | 637.00 | 1,789.00 | 2,397.00 | -861.00 | 3,469.00 | -792.00 | -2,477.00 | 223.00 | 201.00 | 834.00 | 1,498.00 | -1,049.00 | 2,567.00 |
| Total comprehensive income | 2,946.00 | 4,532.00 | 642.00 | 3,213.00 | 3,813.00 | 5,001.00 | 1,861.00 | 5,737.00 | 308.00 | -632.00 | 3,196.00 | 2,968.00 | 2,332.00 | 3,731.00 | 2,753.00 | 6,413.00 |
| Earnings per share, basic | 15.37 | 38.33 | 20.85 | 24.01 | 17.73 | 23.08 | 20.69 | 18.25 | 5.86 | 13.47 | 22.22 | 20.91 | 8.16 | 15.28 | 28.87 | 31.64 |
| Earnings per share, diluted | 15.35 | 38.27 | 20.83 | 23.99 | 17.71 | 23.05 | 20.65 | 18.13 | 5.84 | 13.38 | 22.19 | 20.88 | 8.15 | 15.26 | 28.84 | 31.60 |
Annual results, as filed
| Line | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 72,971.00 | 77,625.00 | 76,398.00 | 95,701.00 | 117,627.00 | 130,978.00 | 148,478.00 | 175,431.00 |
| Other income | 801.00 | 967.00 | 1,052.00 | 821.00 | 3,612.00 | 1,264.00 | 1,459.00 | 1,180.00 |
| Total income | 73,772.00 | 78,592.00 | 77,450.00 | 96,522.00 | 121,239.00 | 132,243.00 | 149,937.00 | 176,611.00 |
| Cost of materials consumed | 14,972.00 | 14,618.00 | 11,007.00 | 16,890.00 | 21,622.00 | 22,430.00 | 26,823.00 | 31,974.00 |
| Purchases of stock-in-trade | 1,507.00 | 1,470.00 | 898.00 | 1,405.00 | 1,824.00 | 3,157.00 | 5,858.00 | 11,109.00 |
| Changes in inventories | -247.00 | -526.00 | 724.00 | -922.00 | -835.00 | -167.00 | -814.00 | 103.00 |
| Employee benefit expense | 5,193.00 | 5,865.00 | 5,535.00 | 6,328.00 | 7,194.00 | 7,963.00 | 9,722.00 | 11,246.00 |
| Finance costs | 1,781.00 | 2,338.00 | 1,809.00 | 1,296.00 | 1,320.00 | 1,655.00 | 2,802.00 | 3,540.00 |
| Depreciation and amortisation | 3,260.00 | 4,041.00 | 4,033.00 | 4,161.00 | 4,552.00 | 5,001.00 | 6,454.00 | 7,726.00 |
| Other expenses | 39,527.00 | 43,319.00 | 43,520.00 | 55,050.00 | 70,956.00 | 78,023.00 | 88,325.00 | 96,307.00 |
| Total expenses | 65,993.00 | 71,125.00 | 67,526.00 | 84,207.00 | 106,633.00 | 118,062.00 | 139,170.00 | 162,005.00 |
| Profit before exceptional items and tax | 7,779.00 | 7,467.00 | 9,924.00 | 12,316.00 | 14,606.00 | 14,180.00 | 10,767.00 | 14,606.00 |
| Exceptional items | -2,575.00 | -1,382.00 | -342.00 | -69.00 | -88.00 | -569.00 | -239.00 | -323.00 |
| Profit before tax | 5,204.00 | 6,085.00 | 9,582.00 | 12,247.00 | 14,518.00 | 13,611.00 | 10,528.00 | 14,283.00 |
| Current tax | 2,342.00 | 1,603.00 | 1,959.00 | 1,954.00 | 3,433.00 | 3,414.00 | 2,249.00 | 3,596.00 |
| Deferred tax | 115.00 | -1,634.00 | 1,063.00 | -18.00 | 216.00 | 360.00 | 819.00 | 577.00 |
| Tax expense | 2,457.00 | -31.00 | 3,022.00 | 1,936.00 | 3,649.00 | 3,774.00 | 3,069.00 | 4,172.00 |
| Profit for the period | 2,776.00 | 6,677.00 | 6,987.00 | 11,206.00 | 11,078.00 | 9,926.00 | 7,756.00 | 10,300.00 |
| Profit attributable to owners | 1,772.00 | 4,425.00 | 4,305.00 | 7,550.00 | 6,827.00 | 5,624.00 | 3,706.00 | 4,966.00 |
| Profit attributable to non-controlling interests | 1,004.00 | 2,252.00 | 2,682.00 | 3,657.00 | 4,251.00 | 4,301.00 | 4,051.00 | 5,334.00 |
| Other comprehensive income | -2,786.00 | -5,002.00 | 4,841.00 | 3,281.00 | -3,181.00 | 3,962.00 | 424.00 | 1,483.00 |
| Total comprehensive income | -11.00 | 1,675.00 | 11,828.00 | 14,487.00 | 7,897.00 | 13,888.00 | 8,181.00 | 11,783.00 |
| Earnings per share, basic | 26.96 | 67.42 | 65.58 | 114.98 | 103.98 | 85.29 | 55.57 | 73.21 |
| Earnings per share, diluted | 26.94 | 67.38 | 65.49 | 114.80 | 103.88 | 85.15 | 55.50 | 73.13 |
Balance sheet, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 307,243.00 | 337,205.00 | 371,569.00 | 412,539.00 | 448,454.00 | 500,536.00 | 530,102.00 | 569,555.00 |
| Non-current assets | 247,045.00 | 269,683.00 | 294,139.00 | 326,151.00 | 358,538.00 | 406,926.00 | 429,284.00 | 456,343.00 |
| Current assets | 60,175.00 | 67,504.00 | 77,419.00 | 86,365.00 | 89,858.00 | 93,472.00 | 100,664.00 | 113,066.00 |
| Property, plant and equipment | 59,242.00 | 63,754.00 | 65,692.00 | 69,505.00 | 77,817.00 | 103,939.00 | 107,876.00 | 112,103.00 |
| Capital work-in-progress | 8,420.00 | 7,730.00 | 12,765.00 | 18,229.00 | 15,903.00 | 14,610.00 | 14,333.00 | 15,877.00 |
| Goodwill | 20,126.00 | 20,138.00 | 20,148.00 | 20,154.00 | 20,634.00 | 21,369.00 | 21,482.00 | 21,596.00 |
| Other intangible assets | 8,719.00 | 8,592.00 | 8,380.00 | 8,303.00 | 8,268.00 | 12,697.00 | 12,437.00 | 12,313.00 |
| Inventories | 11,336.00 | 11,159.00 | 12,255.00 | 13,545.00 | 15,588.00 | 15,614.00 | 16,344.00 | 15,429.00 |
| Trade receivables | 5,569.00 | 5,915.00 | 5,944.00 | 6,979.00 | 7,126.00 | 9,159.00 | 9,243.00 | 10,970.00 |
| Cash and cash equivalents | 2,144.00 | 2,313.00 | 2,208.00 | 2,388.00 | 1,715.00 | 4,883.00 | 4,746.00 | 2,798.00 |
| Total equity and liabilities | 307,243.00 | 337,205.00 | 371,569.00 | 412,539.00 | 448,454.00 | 500,536.00 | 530,102.00 | 569,555.00 |
| Equity | 117,823.00 | 122,913.00 | 130,893.00 | 138,938.00 | 145,721.00 | 157,813.00 | 162,202.00 | 169,865.00 |
| Equity share capital | 132.00 | 132.00 | 132.00 | 133.00 | 134.00 | 136.00 | 136.00 | 136.00 |
| Other equity | 76,378.00 | 78,610.00 | 83,039.00 | 88,520.00 | 92,784.00 | 97,373.00 | 99,482.00 | 103,334.00 |
| Total liabilities | 189,420.00 | 214,292.00 | 240,677.00 | 273,601.00 | 302,732.00 | 342,723.00 | 367,900.00 | 399,689.00 |
| Non-current liabilities | 126,381.00 | 144,759.00 | 163,118.00 | 181,168.00 | 204,378.00 | 235,199.00 | 257,666.00 | 280,090.00 |
| Current liabilities | 63,039.00 | 69,533.00 | 77,558.00 | 92,433.00 | 98,354.00 | 107,524.00 | 110,234.00 | 119,600.00 |
| Borrowings, non-current | 53,746.00 | 66,712.00 | 78,150.00 | 86,116.00 | 100,020.00 | 123,927.00 | 141,219.00 | 156,829.00 |
| Borrowings, current | 32,023.00 | 34,635.00 | 41,918.00 | 48,986.00 | 55,883.00 | 59,722.00 | 61,574.00 | 68,119.00 |
| Trade payables | 14,873.00 | 15,431.00 | 15,792.00 | 18,128.00 | 15,480.00 | 15,438.00 | 16,411.00 | 19,435.00 |
Cash flow, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | -7,590.00 | -12,685.00 | -9,033.00 | -10,719.00 | -10,020.00 | -17,170.00 | -8,015.00 | -17,810.00 |
| Net cash from investing activities | -3,359.00 | -13,687.00 | -9,620.00 | -23,113.00 | -9,082.00 | -23,982.00 | -7,501.00 | -17,803.00 |
| Net cash from financing activities | 10,853.00 | 26,469.00 | 18,549.00 | 33,908.00 | 18,428.00 | 43,643.00 | 15,377.00 | 33,523.00 |
| Purchase of property, plant and equipment | 5,786.00 | 12,036.00 | 8,802.00 | 19,485.00 | 7,552.00 | 17,181.00 | 7,540.00 | 15,626.00 |
| Net increase in cash | -97.00 | 72.00 | -104.00 | 75.00 | -672.00 | 2,495.00 | -137.00 | -2,085.00 |
| con:CFO.BEFORE_TAX | -6,651.00 | -10,590.00 | -7,822.00 | -8,110.00 | -9,250.00 | -14,619.00 | -7,374.00 | -15,309.00 |
| con:INTEREST_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INTEREST_PAID.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:DIVIDENDS_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:TAX_PAID.OPERATING | 939.00 | 2,095.00 | 1,211.00 | 2,609.00 | 769.00 | 2,551.00 | 641.00 | 2,500.00 |
| con:CF_OTHER.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_PURCHASED | 2,302.00 | 7,676.00 | 4,262.00 | 7,564.00 | 5,658.00 | 16,366.00 | 3,767.00 | 6,636.00 |
| con:INVESTMENTS_SOLD | 6,001.00 | 6,963.00 | 4,506.00 | 3,593.00 | 5,115.00 | 19,157.00 | 2,951.00 | 3,457.00 |
| con:PPE_DISPOSALS | 22.00 | 111.00 | 55.00 | 163.00 | 239.00 | 662.00 | 192.00 | 306.00 |
| con:CF_INVESTING.SUBSIDIARIES_SOLD | 0.00 | 3.00 | 0.00 | 0.00 | 252.00 | 320.00 | 715.00 | 789.00 |
| con:CF_INVESTING.SUBSIDIARIES_ACQUIRED | 0.00 | 19.00 | 0.00 | 0.00 | 727.00 | 10,113.00 | 51.00 | 53.00 |
| con:CF_INVESTING.JV_SOLD | 0.00 | 0.00 | 0.00 | 639.00 | 20.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_ACQUIRED | 820.00 | 859.00 | 0.00 | 123.00 | 241.00 | 396.00 | 206.00 | 425.00 |
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
| Holder | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-02-02 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter and promoter group | 42.75 | 42.75 | 42.75 | 43.06 | 43.06 | 43.06 | 43.11 | 43.11 | 43.11 | 43.11 | 0.43 | 0.43 | 0.44 | 0.44 |
| Domestic institutions | 16.84 | 16.92 | 16.69 | 16.77 | 16.69 | 16.66 | 17.75 | 17.90 | 18.24 | 17.91 | 0.17 | 0.17 | 0.16 | 0.16 |
| Mutual funds | — | — | — | — | — | — | — | — | — | 7.06 | 0.07 | 0.07 | 0.07 | 0.06 |
| Insurance companies | 9.83 | 9.18 | 8.67 | 8.24 | 8.47 | 8.44 | 8.34 | 8.44 | 8.55 | 8.42 | 0.08 | 0.08 | 0.07 | 0.07 |
| Foreign institutions | 16.17 | 16.09 | 16.43 | 16.22 | 16.49 | 16.70 | 15.83 | 15.55 | 15.55 | 15.94 | 0.17 | 0.17 | 0.17 | 0.17 |
| Government | — | — | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Public | 56.95 | 56.91 | 56.92 | 56.62 | 56.63 | 56.64 | 56.57 | 56.58 | 56.58 | 56.59 | 0.57 | 0.56 | 0.56 | 0.56 |
| Non-institutional | 23.94 | 23.90 | 23.79 | 23.63 | 23.46 | 23.28 | 22.99 | 23.12 | 22.79 | 22.74 | 0.23 | 0.23 | 0.22 | 0.23 |
| Shares outstanding | 601579091 | 601382761 | 601383969 | 601383969 | 601390395 | 606667788 | 613207788 | 613239848 | 634849215 | 634539137 | 634319314 | 633564964 | 633712546 | 631959827 |
Related parties
Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.
| Counterparty | Relationship | Type | Amount in the period | Transactions |
|---|---|---|---|---|
| Hindalco Industries Limited | Promoter Group | Any other transaction, Purchase of goods or services | 5,628,800,000.00 | 18 |
| AV Group NB Inc , Canada | Joint Venture | Any other transaction, Investment, Purchase of goods | 4,992,100,000.00 | 3 |
| Aditya Group AB, Sweden | Joint Venture | Any other transaction, Investment, Purchase of goods | 3,813,000,000.00 | 3 |
| Aditya Birla Finance Limited | Subsidiary's Subsidiary | Any other transaction, Inter-corporate deposit, Inte | 3,765,800,000.00 | 14 |
| ABReL (RJ) Projects LIMITED | Subsidiary | Any other transaction, Inter-corporate deposit, Inte | 1,489,100,000.00 | 3 |
| Aditya Birla Renewables Solar Limited | Subsidiary | Any other transaction, Inter-corporate deposit, Inte | 1,302,700,000.00 | 13 |
| Aditya Birla Management Corporation Private Limited | Other Related Parties in which Dir | Any other transaction, Purchase of fixed assets, Pur | 1,276,900,000.00 | 19 |
| ABReL SPV 2 Limited | Subsidiary's Subsidiary | Any other transaction, Inter-corporate deposit, Inte | 1,266,400,000.00 | 17 |
| Utkal Alumina International Limited | Relatives of Subsidiary | Any other transaction, Sale of fixed assets, Sale of | 1,257,400,000.00 | 4 |
| Aditya Birla Renewables Limited | Wholly Owned Subsidiary | Any other transaction, Inter-corporate deposit, Inte | 1,056,400,000.00 | 7 |
| ABREL Solar Power Limited | Subsidiary's Subsidiary | Any other transaction, Inter-corporate deposit, Inte | 987,700,000.00 | 12 |
| AV Terrace Bay Inc Canada | Joint Venture | Any other transaction, Investment | 734,200,000.00 | 3 |
| UltraTech Cement Limited | Subsidiary | Any other transaction, Investment, Purchase of goods | 639,300,000.00 | 26 |
| ABREL EPC Limited | Subsidiary | Any other transaction, Inter-corporate deposit, Inte | 621,200,000.00 | 15 |
| Birla Advanced Knits Private Limited | Joint Venture | Any other transaction, Inter-corporate deposit, Inte | 596,100,000.00 | 6 |
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
| Date | Quarter | Who spoke | |
|---|---|---|---|
| 2026-08-17 | Q1FY27 | Read the call | |
| 2026-05-25 | Q4FY26 | Read the call | |
| 2026-02-13 | Q3FY26 | YARN AND INSULATORS BUSINESS | Read the call |
| 2025-11-11 | Q2FY26 | BUSINESS | Read the call |
| 2025-08-14 | Q1FY26 | Read the call | |
| 2025-05-28 | Q4FY25 | Read the call | |
| 2025-02-17 | Q3FY25 | Read the call | |
| 2024-11-19 | Q2FY25 | FASHION YARN AND INSULATOR | Read the call |
| 2024-08-14 | Q1FY25 | Read the call | |
| 2024-05-28 | Q4FY24 | Read the call | |
| 2024-02-13 | Q3FY24 | Read the call | |
| 2023-11-20 | Q2FY24 | FASHION YARN AND INSULATOR | Read the call |
| 2023-08-14 | Q1FY24 | Disclaimer: E&OE - | Read the call |
| 2023-05-29 | Q4FY23 | Disclaimer: E&OE -, GRASIM INDUSTRIES LIMITED | Read the call |
| 2023-02-16 | Q3FY23 | GRASIM INDUSTRIES LIMITED, OFFICER, GRASIM INDUSTRIES LIMITED | Read the call |
| 2022-11-16 | Q2FY23 | GRASIM INDUSTRIES LIMITED, INDUSTRIES LIMITED, LIMITED | Read the call |
| 2022-08-17 | Q1FY23 | GRASIM INDUSTRIES LIMITED, INSULATORS, GRASIM INDUSTRIES LIMITED, LIMITED | Read the call |
| 2022-05-30 | FYFY22 | GRASIM INDUSTRIES LIMITED, LIMITED | Read the call |
What they said about it, quarter by quarter
| Topic | Q3FY23 | Q3FY24 | Q3FY25 | Q3FY26 | Q4FY23 | Q4FY24 | Q4FY25 | Q4FY26 |
|---|---|---|---|---|---|---|---|---|
| Capex | The CAPEX spend is also progressing on expected lines with total investments of more than 1,800 crores till date. | However, the market remains oversupplied due to large capacity additions in FY '23. | So, we have announced a capex of ₹1,350 crores. | As regards CAPEX, post commissioning of Kharagpur plant, we have completed majority of the planned capital expenditure in decorative paint business. | The CAPEX spend is also progressing on expected lines and would be at peak of its requirements in the current and next year. | On the CAPEX front, we continue to focus on growth CAPEX with majority allocation on capacity expansion in building materials segment. | The new plant is expected to be commissioned by mid-'27. | That is the capex plan right now we are implementing, and further capex plan as we get approval in terms of capacity expansion, we will share with you… |
| Capital allocation | — | — | The acquisition of Kesoram cement business is awaiting approval with regards to transfer of mines in Telangana and Karnataka. | — | — | 1,000 crores in Q2 FY24. The board has recommended dividend of Rs. | The industry is also undergoing a structural shape with consolidation of players through merger and acquisition and same expected to reshape the compe… | So obviously our strategy of focusing on the top dealers driving business from the top industry contributing dealers is also paying rich dividend basi… |
| Costs | February 14, 2023 for this important raw material. | To some extent, your analysis is in line, but also it's very dynamic, so we cannot assume, like selling price has come down in this quarter, whereas r… | So I think as regards to cost pressure, the key input prices, which is pulp and caustic soda and sulphur, all these prices have moved up almost more t… | India's raw material ecosystem is full of inefficiencies, discovery gaps, opaque comparisons, fragmented sourcing and complex multi-vendor procurement… | Likewise, commercial production of lyocell fiber was achieved with up to 31% of raw material being textile waste. | Realization in India were lower due to oversupply in Indonesia and declining input prices, basically pulp and caustic apart from other raw materials a… | Moving on to our digital venture, B2B e-commerce launched in line with government's vision of creating digital India empowering SME businesses, Birla … | There is also some optimization on products as we've, as we introduced most of our products with a single supplier, we are in the process of bringing … |
| Debt and cash | That our core and established businesses continue to generate free cash flow across business cycles is a testament to the sales. | — | — | We are going to step further, because in B2B, the ability to buy is often tied to working capital and that is why Birla Pivot is enabling fast, easy, … | As of 31st March 2023, company's standalone net debt stood at Rs. | — | Birla Pivot has made significant progress in FY '25 across all fronts such as technology, revenue scale up, category diversification, digitization and… | So I don't know what's the term of capital allocation, just from a cash flow perspective you can do your math with straightforward net of tax that are… |
| Demand | Overall, chlorine integration including pipeline sales to our ancillaries stood at 60% for the quarter compared to 56% in the corresponding quarter la… | This would enable us to meet our valued customers' growing demand and further solidify Grasim's foothold in India’s growing demand for specialty chemi… | Coming to our company, we continue to leverage our diversified business portfolio, capitalizing on India growth story with a proven track record of cr… | Thirdly, it narrows demand and supply gap across critical markets nationwide, and lastly, it further strengthens UltraTech's leadership position. | May 26,2023 demand slowdown across global markets, supply chain disruptions, et cetera. | However, consumption indicators like property investments and retail sales indicate that domestic demand remains frail, weighing on overall momentum. | However, when large-scale investments came in to build huge capacities ahead of demand and industry focused on affordability, quality, technology and … | We are very confident of growth and the first and foremost industry is likely to move from a single-digit growth to a double-digit growth in FY27 whil… |
| Guidance | We expect that by the end of middle of the next financial year MCAA will be fully operation and we are looking at CTC coming up in FY25 because we hav… | Given such developments, IMF has also revised its global growth forecast for 2024 to 3.1% from earlier forecast of 2.9%, with improved outlook for U.S… | If one can elaborate what sort of cost pressures are we looking at in this quarter and in the coming quarters, some guidance? | Rahul, I do not think we gave the guidance of 2030 earlier. | As you are aware, we don't provide specific Earnings Guidance. | Second is if you see the top two paint companies, they have given guidance of double-digit volume growth in FY25 and even in Q1. So, if you mix all th… | With these guiding philosophies, Birla Opus team dreams to revolutionize every facet of the decorative paints industry and pass on the benefits to all… | What is our since we are past our peak capex phase, what sort of capex guidance should we sort of build in for the respective divisions now? |
| Margin | 561 crore which is higher by 19% on YoY basis and the EBITDA was stable at Rs. | Consolidated EBITDA grew by 34% Y-o-Y to INR5,150 crores. | Consolidated EBITDA for the quarter is ₹4,668 crores is lower by 9% Y-o-Y, mainly due to lower profitability in cement business and initial investment… | Underpinning this strength is our EBITDA growth, which grew by 29% year-on-year with EBITDA per ton of Rs.1,051. | The CAGR in consolidated revenue and EBITDA over FY '20 to FY '23 stood at 16% annually. | 2.1 trillion in April ‘24. w ADITYA EIRLA GRASIM Grasim Industries Limited May 23, 2024 Despite volatility in recent years, Grasim’s revenues have mor… | Cement business under UltraTech has been growing with total capacity expected to reach 215 million tonnes with estimated EBITDA per tonne saving of ab… | You've highlighted in the PPT that there is improvement in performance of paints when you speak about building material segment, which was also led by… |
| People | So, Q4 we believe that capacity utilization should be in the mid-80s or high 80s. | But what has really helped us on 2, 3 areas is firstly our utilization. | So for the Epoxy business, how have been seeing the ramp- up of the newly expanded capacities or let's say, if you can say at what level of utilizatio… | With the launch of Kharagpur and a steady ramp-up of capacity utilization across each of our six plants, the company has executed the natural producti… | Utilization levels are near to highest levels. | In our cellulose fiber business, our CSF volume stood at 208,000 tons with utilization level of over 95%. | In Q4 and entering Q1, slight moderation in Grasim Industries Limited May 23, 2025 China capacity utilization and higher inventory days has resulted c… | So how are we planning towards the adding the capacity on the insulator division and if you can break us how was the overall sales in the insulator di… |
| Pricing | So, we have to contain with that and adjust our pricing accordingly. | So, we were looking at some VSF pricing points in China. | Of course, the CSF realisations have also improved, but the impact of input price hike is more than the impact of the gain in the realisation prices. | Our premiumization effort continues with Paintcraft, recently launched Birla Opus Professional Painting Services, fully GST compliant, transparent pri… | Actually, you are right in your analysis that there is a slight reduction in the price realization in the Quarter 4. | So, just wanted to check, does it imply that you're quite comfortable with your pricing strategy at this point? | And sir, second question is on the pricing. | With respect to your second question on pricing and, you know, strategy in the market, while Himanshu very categorically laid down the glide path of f… |
| Revenue growth | We have demonstrated revenue and PAT growth of 15% CAGR on consolidated level since FY20. At the standalone level the Company has achieved an even bet… | Grasim Industries Limited February 09, 2024 Coming to our financial performance for the quarter ended discussion, the consolidated revenue struck at h… | Caustic soda sales volume growth was muted at 1% Y-o-Y due to lower production at Vilayat restricted by lower power availability, which is expected to… | Starting with Cellulose Fiber, the business has delivered EBITDA of Rs.491 crores, growth of 48% year-on-year. | The consolidated level, UltraTech, Aditya Birla Capital, and Aditya Birla Renewables have added to the strong growth of the underlying standalone busi… | Building materials, this segment growth was majorly driven by superior performance of our cement business which commands a pan India leadership positi… | Birla Pivot has crossed annual run rate (ARR) of ₹5,000 crores based on exit quarter 4 FY '25 in less than 2 years of inception and achieved a 3.3x re… | The entire revenues and EBITDA generated from Grasim will be reinvested in growth of Grasim businesses. |