View ValuationGrasim Industries 향후 성장Future 기준 점검 0/6Grasim Industries 의 수익과 수익은 각각 연간 51.4% 및 39.9% 감소할 것으로 예상됩니다. EPS는 연간 39.7% 만큼 쇠퇴할 것으로 예상됩니다. 자기자본이익률은 3년 후 4.7% 로 예상됩니다.핵심 정보-39.9%이익 성장률-39.69%EPS 성장률Basic Materials 이익 성장6.3%매출 성장률-51.4%향후 자기자본이익률4.73%애널리스트 커버리지Good마지막 업데이트21 May 2026최근 향후 성장 업데이트Price Target Changed • Jun 09Price target increased by 8.0% to ₹3,127Up from ₹2,895, the current price target is an average from 10 analysts. New target price is 20% above last closing price of ₹2,609. Stock is up 6.9% over the past year. The company is forecast to post earnings per share of ₹14.84 for next year compared to ₹55.57 last year.공시 • Jan 14Grasim Industries Limited Announces Suspension of Operations at Karwar Plant, KarnatakaGrasim Industries Limited announced that a minor process safety incident occurred at the company’s Karwar plant, Karnataka on 11 January 2025 due to power tripping led technical malfunction. Affected workers were treated at the local hospital and are expected to make a full recovery. Immediately, all the emergency protocol services were initiated. The plant operations have been suspended, pending internal investigation, and expected to resume operations once cleared by the concerned regulatory Authorities.Price Target Changed • May 25Price target increased by 7.7% to ₹2,635Up from ₹2,446, the current price target is an average from 12 analysts. New target price is 8.0% above last closing price of ₹2,440. Stock is up 45% over the past year. The company is forecast to post earnings per share of ₹25.45 for next year compared to ₹85.29 last year.공시 • Oct 19Grasim Industries Limited Provides Update Regarding the Incident At Century Rayon Plant, ShahadGrasim Industries Limited inform that the Department of Industrial Safety and Health ("DISH"), Kalyan has permitted the plant to restart the operations of Carbon Disulphide ("CS2") refining section of the plant, post compliance of the conditions stipulated in the said order issued by DISH. The company has also obtained requisite permission(s) from other concerned departments including Police Department and Maharashtra Pollution Control Board, Regional Office, Kalyan (MPCB) with whom we have deposited Bank Guarantee of INR 0.2 million as prescribed by MPCB which shall be forfeited for re-starting the operations as mentioned above. Accordingly,the operations of CS2 refining section have re-started on October 17, 2023.공시 • Sep 25Grasim Industries Limited Informs Regarding the Incident At Century Rayon Plant, ShahadGrasim Industries Limited announced that this is in continuation to the letter dated 23rd September 2023 regarding the incident at Century Rayon plant, Shahad ("the plant"), this is to inform that company is in the receipt of theOrder from Department of Industrial Safety & Health, Kalyan (DISH) ("the Order") under the Factories Act, 1948 dated 23rd September 2023 and in accordance with the Order, Carbon Di Sulphide (CS2) refining section of the plant has been closed temporarily and shall be operational after complying the conditions stipulated in the Order. The Management has initiated the necessary steps to comply with the conditions stipulated in the said Order and further this is not likely to have a material impact on the Company's profitability. Company further inform with regrets that 2 (Two) yet to be accounted persons have been found to be deceased.Price Target Changed • Oct 28Price target increased to ₹1,723Up from ₹1,530, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of ₹1,702. Stock is up 121% over the past year. The company posted earnings per share of ₹61.95 last year.모든 업데이트 보기Recent updates공시 • Jun 17Grasim Industries Limited Announces Executive Changes ChangesGrasim Industries Limited had noted that Mr. Kapil Agrawal, Business Head, Textiles Business and Senior Management Personnel of the Company, ceased to be Business Head, Textiles Business and as Senior Management Personnel of the Company, on account of an internal movement within the Aditya Birla Group, effective close of business hours on October 31, 2026. Grasim Industries Limited had approved the appointment of Ms. Sangeeta Tanwani as CEO (Designate) – Textiles Business and as Senior Management Personnel of the Company with effect from August 1, 2026. She will take over as CEO Textiles Business with effect from 1st November 2026. Ms. Sangeeta Tanwani brings over three decades of experience across Retail, FMCG, Financial Services and Pharmaceuticals, with leadership roles spanning Marketing, Branding, Strategy, and business leadership. She joined the Aditya Birla Group in 2018 and has led a significant transformation of Pantaloons, as well as spearheaded the Group’s entry into the fast-growing deep value segment through the build-up of Style Up and its subsequent transformation into “OWND”, a bold new fashion brand designed for India's Gen Z and youthful, trend-conscious consumers.Reported Earnings • May 21Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2026 results: EPS: ₹73.21 (up from ₹55.57 in FY 2025). Revenue: ₹1.75t (up 18% from FY 2025). Net income: ₹49.7b (up 34% from FY 2025). Profit margin: 2.8% (up from 2.5% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates by 5.9%. Revenue is expected to fall by 51% p.a. on average during the next 3 years compared to a 1.9% decline forecast for the Basic Materials industry in India. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.공시 • May 05Grasim Industries Limited to Report Q4, 2026 Results on May 20, 2026Grasim Industries Limited announced that they will report Q4, 2026 results on May 20, 2026Reported Earnings • Feb 11Third quarter 2026 earnings released: EPS: ₹15.28 (vs ₹13.47 in 3Q 2025)Third quarter 2026 results: EPS: ₹15.28 (up from ₹13.47 in 3Q 2025). Revenue: ₹443.1b (up 27% from 3Q 2025). Net income: ₹10.4b (up 15% from 3Q 2025). Profit margin: 2.3% (down from 2.6% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to decline by 48% p.a. on average during the next 3 years, while revenues in the Basic Materials industry in India are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.공시 • Jan 30Grasim Industries Limited to Report Q3, 2026 Results on Feb 10, 2026Grasim Industries Limited announced that they will report Q3, 2026 results on Feb 10, 2026공시 • Jan 20Grasim Industries Limited Appoints Sachin Sahay as CEO of Birla Opus Paints, Effective February 16, 2026Grasim Industries Ltd. has announced that it has appointed ITC's Sachin Sahay as Chief Executive Officer of Birla Opus Paints. "Sahay has been appointed as CEO of Birla Opus Paints and will be designated as Senior Management Personnel of the company, effective February 16, 2026". The appointment comes months after the company announced the exit of Rakshit Hargave as CEO of the paints business. Prior to this,Sachin Sahay was with ITC, where he last served as Executive Vice President - Sales. He brings over 30 years of leadership experience in Sales & Marketing across entrepreneurial roles and multigeography assignments in India. He has played a pivotal role in ITC's FMCG transformation journey, including the creation and scale-up of its FMCG channel from greenfield operations to its current national footprint. In the past, Sahay has led the launch and growth of multiple brands, built largescale distribution capabilities across urban and rural markets, and driven complex transformation initiatives with a strong balance of process rigor and people leadership. He has been instrumental in implementing field force automation and streamlining common stockist operations across ITC's diverse portfolio, including cigarettes, foods, and FMCG, enabling efficient capital deployment and optimized partner engagement.Reported Earnings • Nov 06Second quarter 2026 earnings released: EPS: ₹8.16 (vs ₹5.86 in 2Q 2025)Second quarter 2026 results: EPS: ₹8.16 (up from ₹5.86 in 2Q 2025). Revenue: ₹399.0b (up 19% from 2Q 2025). Net income: ₹5.53b (up 42% from 2Q 2025). Profit margin: 1.4% (up from 1.2% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to decline by 50% p.a. on average during the next 3 years, while revenues in the Basic Materials industry in India are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.공시 • Oct 27Grasim Industries Limited to Report Q2, 2026 Results on Nov 05, 2025Grasim Industries Limited announced that they will report Q2, 2026 results on Nov 05, 2025공시 • Sep 24Grasim Industries Limited to Report Q2, 2026 Results on Nov 14, 2025Grasim Industries Limited announced that they will report Q2, 2026 results on Nov 14, 2025Upcoming Dividend • Aug 05Upcoming dividend of ₹10.00 per shareEligible shareholders must have bought the stock before 12 August 2025. Payment date: 25 September 2025. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 0.4%. Lower than top quartile of Indian dividend payers (1.2%). In line with average of industry peers (0.5%).Reported Earnings • Jul 24Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: ₹55.57 (down from ₹85.29 in FY 2024). Revenue: ₹1.48t (up 13% from FY 2024). Net income: ₹37.1b (down 34% from FY 2024). Profit margin: 2.5% (down from 4.3% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 41%. Revenue is forecast to decline by 55% p.a. on average during the next 3 years, while revenues in the Basic Materials industry in India are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.Declared Dividend • Jul 17Dividend of ₹10.00 announcedDividend of ₹10.00 is the same as last year. Ex-date: 12th August 2025 Payment date: 25th September 2025 Dividend yield will be 0.4%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (18% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 9.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 79% over the next 3 years. A fall of 80% would increase the payout ratio to a potentially unsustainable range, which means the dividend may be at risk.공시 • Jul 16Grasim Industries Limited announces Annual dividend, payable on September 25, 2025Grasim Industries Limited announced Annual dividend of INR 10.0000 per share payable on September 25, 2025, ex-date on August 12, 2025 and record date on August 12, 2025.공시 • Jul 15Grasim Industries Limited, Annual General Meeting, Aug 26, 2025Grasim Industries Limited, Annual General Meeting, Aug 26, 2025, at 11:30 Indian Standard Time.공시 • Jun 23Grasim Industries Limited to Report Q1, 2026 Results on Aug 14, 2025Grasim Industries Limited announced that they will report Q1, 2026 results on Aug 14, 2025Price Target Changed • Jun 09Price target increased by 8.0% to ₹3,127Up from ₹2,895, the current price target is an average from 10 analysts. New target price is 20% above last closing price of ₹2,609. Stock is up 6.9% over the past year. The company is forecast to post earnings per share of ₹14.84 for next year compared to ₹55.57 last year.Reported Earnings • May 23Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: ₹55.57 (down from ₹85.29 in FY 2024). Revenue: ₹1.50t (up 14% from FY 2024). Net income: ₹37.1b (down 34% from FY 2024). Profit margin: 2.5% (down from 4.3% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 41%. Revenue is expected to decline by 74% p.a. on average during the next 2 years, while revenues in the Basic Materials industry in India are expected to grow by 1.1%. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.공시 • May 22+ 2 more updatesGrasim Industries Limited Recommends Dividend for the Financial Year Ended 31St March 2025Grasim Industries Limited at its Board of Directors meeting held on 22 May 2025 Recommended a dividend of INR 10 per equity share of face value of INR 2 for the financial year ended 31st March 2025, subject to the approval of shareholders at the ensuing Annual General Meeting ("AGM") of the Company.공시 • May 10Grasim Industries Limited to Report Q4, 2025 Results on May 22, 2025Grasim Industries Limited announced that they will report Q4, 2025 results on May 22, 2025공시 • Feb 11Grasim Industries Limited Announces Cessation of Harikrishna Agarwal as Managing Director, Effective March 31, 2025Grasim Industries Limited at its board of directors meeting held on February 10, 2025, announced that Mr. Harikrishna Agarwal will cease to be Managing Director and Key Managerial Personnel of the Company with effect from the close of business hours of 31 March 2025, due to early retirement. Earlier, he was re-appointed as the Managing Director of the Company for a period of two years with effect from 1 December 2023 up to 30 November 2025.공시 • Feb 10Grasim Industries Limited Announces Cessation of Harikrishna Agarwal as Member of the Board of Directors, Effective March 31, 2025Grasim Industries Limited at its board of directors meeting held on February 10, 2025, announced that Mr. Harikrishna Agarwal will cease to be a Member of the Board of Directors of the Company with effect from the close of business hours of 31 March 2025, due to early retirement. Earlier, he was re-appointed as the Managing Director of the Company for a period of two years with effect from 1 December 2023 up to 30 November 2025.공시 • Jan 14Grasim Industries Limited Announces Suspension of Operations at Karwar Plant, KarnatakaGrasim Industries Limited announced that a minor process safety incident occurred at the company’s Karwar plant, Karnataka on 11 January 2025 due to power tripping led technical malfunction. Affected workers were treated at the local hospital and are expected to make a full recovery. Immediately, all the emergency protocol services were initiated. The plant operations have been suspended, pending internal investigation, and expected to resume operations once cleared by the concerned regulatory Authorities.공시 • Dec 27Grasim Industries Limited to Report Q3, 2025 Results on Feb 14, 2025Grasim Industries Limited announced that they will report Q3, 2025 results on Feb 14, 2025Reported Earnings • Nov 15Second quarter 2025 earnings released: EPS: ₹5.86 (vs ₹17.73 in 2Q 2024)Second quarter 2025 results: EPS: ₹5.86 (down from ₹17.73 in 2Q 2024). Revenue: ₹335.6b (up 11% from 2Q 2024). Net income: ₹3.90b (down 67% from 2Q 2024). Profit margin: 1.2% (down from 3.9% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to decline by 68% p.a. on average during the next 3 years, while revenues in the Basic Materials industry in India are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.공시 • Oct 21Grasim Industries Limited Announces Executive ChangesGrasim Industries Limited Board of Directors based on the recommendation of Nomination and Remuneration Committee, has approved the changes in the Senior Management Personnel of the company, Mr. Omprakash Chitlange, CEO Cellulosic Fashion Yarn Business of the Company, will superannuate from the closure of business hours on 27th January 2025. Mr. Satyaki Ghosh, who is currently CEO - Domestic Textiles, will be appointed as CEO Cellulosic Fashion Yarn Business of the Company with effect from 28th January 2025. Mr. Satyaki Ghosh, a B.Sc. in Economics and an MBA by qualification, has been with the Aditya Birla Group (`Group') since 2016. During his tenure with the Group, Mr. Satyaki has led the Domestic Textiles and Thai Acrylic Fibre businesses. He has driven multiple advancements in Domestic Textiles business, including launch of e-commerce and D2C businesses, scale up of Linen Club Studio and leading the`Wealth out of Waste' project. He carries strong experience in B2C & B2B businesses, and across geographies.공시 • Sep 26Grasim Industries Limited to Report Q2, 2025 Results on Nov 14, 2024Grasim Industries Limited announced that they will report Q2, 2025 results on Nov 14, 2024공시 • Aug 27Grasim Industries Limited Appoints Vadiraj Kulkarni as the Business Head (Designate) Cellulosic Fibres, Effective from 1 October 2024Grasim Industries Limited announced the appointment of Mr. Vadiraj Kulkarni as the Business Head (Designate) Cellulosic Fibres, Senior Management Personnel of the Company with effect from 1st October 2024. Mr. Harikrishna Agarwal will continue as Managing Director of the Company and Business Director of Cellulosic Fibres and will oversee a planned and phased leadership transition over the coming months, with Mr. Vadiraj Kulkarni gradually taking the charge. Mr. Vadiraj Kulkarni, aged 51 years, will join from ITC Limited wherein he was Chief Executive Officer, Paperboards and Specialty Papers where he led an INR 80,000 million business with four plants across India. He is a senior business leader with more than 28 years of experience in P&L management, operations, and manufacturing in Agro products, Tobacco, and the Pulp and Paper divisions of ITC Limited. Under his leadership, the business doubled its topline and significantly improved margins. His strategic leadership consistently delivered strong business outcomes in a complex and competitive industry while making it the largest pulp and paperboard company in India. He holds Bachelor of Engineering (Chemical Engineering) degree from National Institute of Technology, Warangal in 1996.공시 • Aug 22+ 1 more updateGrasim Industries Limited Announces Cessation of Independent DirectorsGrasim Industries Limited announced cessation of Mr. Cyril Suresh Shroff and Dr. Thomas Martin Connelly Jr. as Independent Directors of the Company with effect from August 22, 2024, on completion of their second term of five years.공시 • Aug 20Grasim Industries Limited Announces Retirement of Raj Kumar as Non-Executive DirectorGrasim Industries Limited announced that Mr. Raj Kumar, a non-executive director of the company, liable to retire by rotation at 77th Annual General Meeting held on 20 August 2024 has not offered himself for re-appointment; accordingly, Mr. Raj Kumar retire as director effective 20 August 2024.Upcoming Dividend • Jul 31Upcoming dividend of ₹10.00 per shareEligible shareholders must have bought the stock before 06 August 2024. Payment date: 19 September 2024. Payout ratio is a comfortable 12% but the company is not cash flow positive. Trailing yield: 0.4%. Lower than top quartile of Indian dividend payers (1.1%). In line with average of industry peers (0.5%).Reported Earnings • Jul 22Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: ₹85.29 (down from ₹104 in FY 2023). Revenue: ₹1.31t (up 11% from FY 2023). Net income: ₹56.2b (down 18% from FY 2023). Profit margin: 4.3% (down from 5.8% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) also missed analyst estimates by 30%. Revenue is expected to fall by 61% p.a. on average during the next 3 years compared to a 6.1% decline forecast for the Basic Materials industry in India. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.공시 • Jul 17Grasim Industries Limited, Annual General Meeting, Aug 20, 2024Grasim Industries Limited, Annual General Meeting, Aug 20, 2024, at 11:00 Indian Standard Time.Declared Dividend • Jul 17Dividend of ₹10.00 announcedDividend of ₹10.00 is the same as last year. Ex-date: 6th August 2024 Payment date: 19th September 2024 Dividend yield will be 0.4%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (12% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 9.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 84% over the next 2 years. However, it would need to fall by 87% to increase the payout ratio to a potentially unsustainable range.공시 • Jun 26Grasim Industries Limited to Report Q1, 2025 Results on Aug 14, 2024Grasim Industries Limited announced that they will report Q1, 2025 results on Aug 14, 2024Price Target Changed • May 25Price target increased by 7.7% to ₹2,635Up from ₹2,446, the current price target is an average from 12 analysts. New target price is 8.0% above last closing price of ₹2,440. Stock is up 45% over the past year. The company is forecast to post earnings per share of ₹25.45 for next year compared to ₹85.29 last year.New Risk • May 24New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.4x net interest cover). Earnings are forecast to decline by an average of 57% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (3.3% increase in shares outstanding).공시 • May 23Grasim Industries Limited Recommends Dividend for the Year Ended 31 March 2024The Board of Directors of Grasim Industries Limited at its meeting held on May 22, 2024, recommended dividend of INR 10 per equity share of face value of 2 each (on fully paid up shares and partly paid up shares in proportion to their share in the paid up share capital) for the financial year ended 31 March 2024, subject to approval of shareholders at the upcoming Annual General Meeting of the Company.Reported Earnings • May 23Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: ₹85.29 (down from ₹104 in FY 2023). Revenue: ₹1.32t (up 12% from FY 2023). Net income: ₹56.2b (down 18% from FY 2023). Profit margin: 4.3% (down from 5.8% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) also missed analyst estimates by 8.5%. Revenue is expected to fall by 80% p.a. on average during the next 2 years compared to a 5.2% decline forecast for the Basic Materials industry in India. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Feb 09Third quarter 2024 earnings released: EPS: ₹23.08 (vs ₹38.33 in 3Q 2023)Third quarter 2024 results: EPS: ₹23.08 (down from ₹38.33 in 3Q 2023). Revenue: ₹322.2b (up 13% from 3Q 2023). Net income: ₹15.1b (down 40% from 3Q 2023). Profit margin: 4.7% (down from 8.8% in 3Q 2023). Revenue is expected to fall by 52% p.a. on average during the next 3 years compared to a 1.9% decline forecast for the Basic Materials industry in India. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Feb 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Earnings are forecast to decline by an average of 44% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Shareholders have been diluted in the past year (3.3% increase in shares outstanding).공시 • Jan 31Grasim Industries Limited has completed a Follow-on Equity Offering in the amount of INR 39.99797 billion.Grasim Industries Limited has completed a Follow-on Equity Offering in the amount of INR 39.99797 billion. Security Name: Equity Shares Security Type: Common Stock Securities Offered: 22,073,935 Price\Range: INR 1812 Discount Per Security: INR 2.3556 Transaction Features: Regulation S; Rights Offering공시 • Jan 24Grasim Industries Limited(NSEI:GRASIM-RE) dropped from FTSE All-World Index (USD)Grasim Industries Limited(NSEI:GRASIM-RE) dropped from FTSE All-World Index (USD)공시 • Jan 05Grasim Industries Limited has filed a Follow-on Equity Offering in the amount of INR 39.99797 billion.Grasim Industries Limited has filed a Follow-on Equity Offering in the amount of INR 39.99797 billion. Security Name: Equity Shares Security Type: Common Stock Securities Offered: 22,073,935 Price\Range: INR 1812 Transaction Features: Rights Offering공시 • Dec 28Grasim Industries Limited Announces Cessation of Santrupt Misra as Non-Executive and Non-Independent DirectorGrasim Industries Limited announced that Dr. Santrupt Misra vide his letter dated December 28, 2023 has stepped down as a Non-Executive and Non-Independent Director of the Company with immediate effect to pursue his other plans and engagements. Date of cessation: December 28, 2023.공시 • Oct 19Grasim Industries Limited Provides Update Regarding the Incident At Century Rayon Plant, ShahadGrasim Industries Limited inform that the Department of Industrial Safety and Health ("DISH"), Kalyan has permitted the plant to restart the operations of Carbon Disulphide ("CS2") refining section of the plant, post compliance of the conditions stipulated in the said order issued by DISH. The company has also obtained requisite permission(s) from other concerned departments including Police Department and Maharashtra Pollution Control Board, Regional Office, Kalyan (MPCB) with whom we have deposited Bank Guarantee of INR 0.2 million as prescribed by MPCB which shall be forfeited for re-starting the operations as mentioned above. Accordingly,the operations of CS2 refining section have re-started on October 17, 2023.공시 • Sep 25Grasim Industries Limited Informs Regarding the Incident At Century Rayon Plant, ShahadGrasim Industries Limited announced that this is in continuation to the letter dated 23rd September 2023 regarding the incident at Century Rayon plant, Shahad ("the plant"), this is to inform that company is in the receipt of theOrder from Department of Industrial Safety & Health, Kalyan (DISH) ("the Order") under the Factories Act, 1948 dated 23rd September 2023 and in accordance with the Order, Carbon Di Sulphide (CS2) refining section of the plant has been closed temporarily and shall be operational after complying the conditions stipulated in the Order. The Management has initiated the necessary steps to comply with the conditions stipulated in the said Order and further this is not likely to have a material impact on the Company's profitability. Company further inform with regrets that 2 (Two) yet to be accounted persons have been found to be deceased.공시 • Sep 16Grasim Industries Limited Unveils Brand Name of Its Paints Business, Birla OpusGrasim Industries Limited unveiled the brand name of its paints business, 'Birla Opus'. The market launch of Birla Opus is scheduled for fourth quarter of 2024. Grasim will offer a full suite of high-quality products in the decorative paints segment. Ahead of the launch, Grasim has successfully piloted the first-of-its-kind painting services in key metros and introduced a range of imported wood finishes. A cutting-edge R&D facility has already been set up in Maharashtra. Grasim had previously committed an investment of INR 10,000 million towards setting up the paints business. The company's manufacturing plants located in Haryana, Punjab, Tamil Nadu, Karnataka, Maharashtra, and West Bengal, will have a total capacity of 1,332 million litres per annum (MLPA), and will serve demand centres across the country. The current estimated value of India's decorative paints industry is INR 70,000 million. The paints industry is witnessing double digit growth year- on-year driven by rising consumer aspirations and the government's push towards 'H Housing for All'.공시 • Jul 25+ 2 more updatesGrasim Industries Limited to Report Q3, 2024 Results on Feb 14, 2024Grasim Industries Limited announced that they will report Q3, 2024 results on Feb 14, 2024공시 • Jun 28Grasim Industries Limited to Report Q1, 2024 Results on Aug 14, 2023Grasim Industries Limited announced that they will report Q1, 2024 results on Aug 14, 2023공시 • May 27Grasim Industries Limited Recommends Dividend for the Financial Year Ended 31 March 2023Grasim Industries Limited Recommended a dividend of INR 10 (Rupees Ten Only) per equity share (of face value of 2 each) for the financial year ended 31 March 2023, subject to approval of shareholders at the upcoming Annual General Meeting ("AGM") of the Company.Reported Earnings • Feb 15Third quarter 2023 earnings released: EPS: ₹38.33 (vs ₹26.09 in 3Q 2022)Third quarter 2023 results: EPS: ₹38.33 (up from ₹26.09 in 3Q 2022). Revenue: ₹286.4b (up 17% from 3Q 2022). Net income: ₹25.2b (up 47% from 3Q 2022). Profit margin: 8.8% (up from 7.0% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Basic Materials industry in India. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 29% per year.Board Change • Feb 03High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. MD & Additional Director Hari Agarwal was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.공시 • Feb 02Grasim Industries Limited Announces Resignation of Shailendra K. Jain as Non-Executive DirectorGrasim Industries Limited informed that Shri Shailendra K. Jain (DIN: 00022454) vide his letter dated 1st February 2023 has stepped down as a Non-Executive Director of the Company with immediate effect due to his advancing age and need to devote time for family affairs. Shri Shailendra K. Jain has been an outstanding leader associated with the Company since 1965 and contributed to realise vision of developing Grasim's Pulp and Fibre business to become a global leader. For his long-standing contribution to the Group, he was conferred with the Lifetime Contribution Award in 2004 and Aditya Birla Group Ratna Award in 2017.Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: ₹15.37 (vs ₹20.21 in 2Q 2022)Second quarter 2023 results: EPS: ₹15.37 (down from ₹20.21 in 2Q 2022). Revenue: ₹274.9b (up 22% from 2Q 2022). Net income: ₹10.1b (down 24% from 2Q 2022). Profit margin: 3.7% (down from 5.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Basic Materials industry in India. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 30% per year.Recent Insider Transactions • Oct 01Insider recently sold ₹25m worth of stockOn the 28th of September, Krishna Maheshwari sold around 15k shares on-market at roughly ₹1,683 per share. This transaction amounted to 5.4% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹42m. Insiders have been net sellers, collectively disposing of ₹269m more than they bought in the last 12 months.Recent Insider Transactions • Sep 14Insider recently sold ₹8.7m worth of stockOn the 7th of September, Krishna Maheshwari sold around 5k shares on-market at roughly ₹1,745 per share. This transaction amounted to 2.2% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹42m. Insiders have been net sellers, collectively disposing of ₹290m more than they bought in the last 12 months.Recent Insider Transactions • Aug 19Insider recently sold ₹4.8m worth of stockOn the 17th of August, Pradip Dubey sold around 3k shares on-market at roughly ₹1,608 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹13m. Insiders have been net sellers, collectively disposing of ₹249m more than they bought in the last 12 months.Reported Earnings • Aug 08Full year 2022 earnings released: EPS: ₹107 (vs ₹61.95 in FY 2021)Full year 2022 results: EPS: ₹107 (up from ₹61.95 in FY 2021). Revenue: ₹957.0b (up 25% from FY 2021). Net income: ₹70.3b (up 73% from FY 2021). Profit margin: 7.4% (up from 5.3% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 17%, compared to a 13% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.공시 • Aug 06+ 3 more updatesGrasim Industries Limited, Annual General Meeting, Aug 31, 2023Grasim Industries Limited, Annual General Meeting, Aug 31, 2023.Upcoming Dividend • Aug 04Upcoming dividend of ₹10.00 per shareEligible shareholders must have bought the stock before 11 August 2022. Payment date: 28 September 2022. Payout ratio is a comfortable 4.7% but the company is not cash flow positive. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.7%). Lower than average of industry peers (0.9%).공시 • Aug 03Grasim Industries Limited, Annual General Meeting, Aug 29, 2022Grasim Industries Limited, Annual General Meeting, Aug 29, 2022, at 11:30 Indian Standard Time.Recent Insider Transactions • Jun 30Insider recently sold ₹3.3m worth of stockOn the 27th of June, Amit Kumar sold around 2k shares on-market at roughly ₹1,335 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹218m more than they bought in the last 12 months.공시 • Jun 29Grasim Industries Limited to Report Q1, 2023 Results on Aug 14, 2022Grasim Industries Limited announced that they will report Q1, 2023 results on Aug 14, 2022공시 • Jun 17Grasim Industries Limited Announces Change of Chief Financial OfficerGrasim Industries Limited Board of Directors at its meeting held on 16 June 2022, inter-alia, based on the recommendation of the Nomination and Remuneration Committee and Audit Committee, have approved the appointment of Mr. Pavan Jain as the next Chief Financial Officer (CFO) and Key Managerial Personnel of the Company with effect from 15th August 2022. Mr. Jain is not related to any of the Directors and Promoters of the Company. This appointment comes in the wake of Mr. Ashish Adukia's plan to pursue career opportunities outside the Aditya Birla Group. He will be relieved from his current responsibilities as Chief Financial Officer of the Company with effect from 14th August 2022. Mr. Pavan Jain is a Fellow Member of the Institute of Chartered Accountants of India and an Associate Member of the Institute of Company Secretaries of India. He has undergone Executive Development Program of The Wharton School, University of Pennsylvania, USA. He has been with the Aditya Birla Group since 1991. Presently he is the Senior President, Grasim Industries Limited (Grasim) and has a stellar career track record spanning over three decades in the Group in different stints with Birla White, Grey Cement and Grasim. He joined Corporate Finance Division of Grasim in 2004. He has contributed in establishing some of the best practices in the Financial Reporting, Internal Controls and Risk Management systems across Grasim Businesses and also to various Corporate/Business restructuring plans and M&A activities of the Company notable among them are the Cement business restructuring, Aditya Birla Nuvo Limited merger with Grasim, acquisition of Domsjo pulp unit in Sweden, acquisition of Soktas India Private Limited now Grasim Premium Fabrics division and divestments of Vikram Ispat, Grasim Bhiwani Textiles Limited, Indo Gulf Fertilisers division of Grasim.Recent Insider Transactions • Jun 02Insider recently sold ₹2.7m worth of stockOn the 27th of May, Amit Kumar sold around 2k shares on-market at roughly ₹1,408 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹308m more than they bought in the last 12 months.Reported Earnings • May 26Full year 2022 earnings released: EPS: ₹107 (vs ₹61.95 in FY 2021)Full year 2022 results: EPS: ₹107 (up from ₹61.95 in FY 2021). Revenue: ₹957.0b (up 25% from FY 2021). Net income: ₹70.3b (up 73% from FY 2021). Profit margin: 7.4% (up from 5.3% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 2.1%, compared to a 15% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.공시 • May 25+ 1 more updateGrasim Industries Limited Recommends Special DividendGrasim Industries Limited recommended a special dividend of INR 5 per equity share, subject to approval of shareholders at the upcoming Annual General Meeting of the Company.공시 • May 14Grasim Industries Limited to Report Q4, 2022 Results on May 24, 2022Grasim Industries Limited announced that they will report Q4, 2022 results on May 24, 2022Buying Opportunity • Apr 30Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be ₹2,116, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 37%.Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. MD , Additional Director & Business Head of Pulp & Fibre Hari Agarwal was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • Apr 02Insider recently sold ₹1.2m worth of stockOn the 30th of March, Hemant Kadel sold around 700 shares on-market at roughly ₹1,655 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹15m. Insiders have been net sellers, collectively disposing of ₹305m more than they bought in the last 12 months.Buying Opportunity • Mar 21Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 4.1%. The fair value is estimated to be ₹1,963, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% per annum over the last 3 years. Earnings per share has grown by 37% per annum over the last 3 years.Recent Insider Transactions • Mar 16Insider recently sold ₹1.2m worth of stockOn the 11th of March, Pavan Jain sold around 784 shares on-market at roughly ₹1,565 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹15m. Insiders have been net sellers, collectively disposing of ₹338m more than they bought in the last 12 months.Buying Opportunity • Feb 24Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 8.6%. The fair value is estimated to be ₹2,021, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% per annum over the last 3 years. Earnings per share has grown by 37% per annum over the last 3 years.Reported Earnings • Feb 15Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: ₹26.27 (up from ₹20.66 in 3Q 2021). Revenue: ₹245.2b (up 17% from 3Q 2021). Net income: ₹26.2b (up 93% from 3Q 2021). Profit margin: 11% (up from 6.5% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 71%. Over the next year, revenue is forecast to grow 2.9%, compared to a 13% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.공시 • Feb 02Grasim Industries Limited to Report Q3, 2022 Results on Feb 14, 2022Grasim Industries Limited announced that they will report Q3, 2022 results on Feb 14, 2022Board Change • Jan 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. MD & Additional Director Hari Agarwal was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • Dec 10Insider recently sold ₹2.0m worth of stockOn the 3rd of December, Ashish Jajoo sold around 1k shares on-market at roughly ₹1,735 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹22m. Insiders have been net sellers, collectively disposing of ₹378m more than they bought in the last 12 months.Recent Insider Transactions • Dec 02Insider recently sold ₹815k worth of stockOn the 23rd of November, Manoranjan Misra sold around 455 shares on-market at roughly ₹1,791 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹22m. Insiders have been net sellers, collectively disposing of ₹376m more than they bought in the last 12 months.Executive Departure • Dec 01MD, Business Head of Fibre & Pulp and Director Dilip Gaur has left the companyOn the 30th of November, Dilip Gaur's tenure as MD, Business Head of Fibre & Pulp and Director of the company ended after 5.7 years in the role. As of September 2021, Dilip still personally held 38.50k shares (₹64m worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 2.33 years. Under Dilip's leadership, the company delivered a total shareholder return of 231%.Reported Earnings • Nov 13Second quarter 2022 earnings released: EPS ₹20.21 (vs ₹8.95 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹228.2b (up 24% from 2Q 2021). Net income: ₹13.3b (up 126% from 2Q 2021). Profit margin: 5.8% (up from 3.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.Price Target Changed • Oct 28Price target increased to ₹1,723Up from ₹1,530, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of ₹1,702. Stock is up 121% over the past year. The company posted earnings per share of ₹61.95 last year.Recent Insider Transactions • Sep 25Insider recently sold ₹13m worth of stockOn the 22nd of September, Krishna Maheshwari sold around 8k shares on-market at roughly ₹1,563 per share. In the last 3 months, they made an even bigger sale worth ₹46m. Despite this recent sale, insiders have collectively bought ₹68m more than they sold in the last 12 months.Recent Insider Transactions • Sep 03Insider recently sold ₹1.3m worth of stockOn the 31st of August, Pavan Jain sold around 900 shares on-market at roughly ₹1,490 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹46m. Despite this recent sale, insiders have collectively bought ₹150m more than they sold in the last 12 months.Recent Insider Transactions • Aug 27Insider recently sold ₹1.5m worth of stockOn the 20th of August, Ashwin Laddha sold around 1k shares on-market at roughly ₹1,476 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹46m. Despite this recent sale, insiders have collectively bought ₹154m more than they sold in the last 12 months.Price Target Changed • Aug 16Price target increased to ₹1,477Up from ₹1,379, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of ₹1,488. Stock is up 138% over the past year.Reported Earnings • Aug 05Full year 2021 earnings released: EPS ₹61.95 (vs ₹66.26 in FY 2020)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: ₹764.0b (up 1.7% from FY 2020). Net income: ₹40.7b (down 6.5% from FY 2020). Profit margin: 5.3% (down from 5.8% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Aug 05Upcoming dividend of ₹9.00 per shareEligible shareholders must have bought the stock before 12 August 2021. Payment date: 26 September 2021. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.4%). In line with average of industry peers (0.4%).이익 및 매출 성장 예측BSE:500300 - 애널리스트 향후 추정치 및 과거 재무 데이터 (INR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수3/31/2029582,75226,55722,96131,73033/31/2028542,74618,95715,58729,22983/31/2027483,26629,11618,44739,67283/31/20261,754,30749,665-334,359-178,096N/A12/31/20251,685,96945,046N/AN/AN/A9/30/20251,596,63342,882-322,940-150,735N/A6/30/20251,539,86240,493N/AN/AN/A3/31/20251,484,77937,057-343,510-171,696N/A12/31/20241,399,43638,666N/AN/AN/A9/30/20241,371,16244,821-299,405-117,063N/A6/30/20241,337,74052,560N/AN/AN/A3/31/20241,309,78556,245-302,044-107,193N/A12/31/20231,267,13556,236N/AN/AN/A9/30/20231,233,85966,249-291,809-141,282N/A6/30/20231,206,50764,703N/AN/AN/A3/31/20231,176,27168,273-247,213-126,851N/A12/31/20221,129,76378,212N/AN/AN/A9/30/20221,087,44670,180-167,377-59,602N/A6/30/20221,038,23373,358N/AN/AN/A3/31/2022957,01170,340-15,50070,377N/A12/31/2021912,88763,696N/AN/AN/A9/30/2021878,82660,18769,468129,979N/A6/30/2021832,73754,934N/AN/AN/A3/31/2021764,04340,674114,265150,751N/A12/31/2020738,32836,511N/AN/AN/A9/30/2020711,77930,103120,182161,797N/A6/30/2020711,43234,244N/AN/AN/A3/31/2020751,40743,490115,435166,203N/A12/31/2019774,04948,872N/AN/AN/A9/30/2019768,46148,052N/AN/AN/A6/30/2019750,70218,864N/AN/AN/A3/31/2019772,00316,930N/A-16,586N/A12/31/2018697,28213,480N/AN/AN/A9/30/2018663,6049,333N/AN/AN/A6/30/2018632,08829,042N/AN/AN/A3/31/2018558,93526,786N/A-41,399N/A12/31/2017487,78327,330N/AN/AN/A9/30/2017420,88429,064N/AN/AN/A6/30/2017368,28832,275N/AN/AN/A3/31/2017360,68431,673N/A72,878N/A12/31/2016373,15430,530N/AN/AN/A9/30/2016372,12529,653N/AN/AN/A6/30/2016369,95326,818N/AN/AN/A3/31/2016344,87524,681N/A58,684N/A12/31/2015353,39721,697N/AN/AN/A9/30/2015337,29418,135N/AN/AN/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 500300 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -39.9%).수익 vs 시장: 500300 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -39.9%).고성장 수익: 500300 의 수익은 향후 3년간 감소할 것으로 예상됩니다.수익 대 시장: 500300 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -51.4%).고성장 매출: 500300 의 수익은 향후 3년 동안 감소할 것으로 예상됩니다(연간 -51.4%).주당순이익 성장 예측향후 자기자본이익률미래 ROE: 500300의 자본 수익률은 3년 후 4.7%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/01 19:41종가2026/07/01 00:00수익2026/03/31연간 수익2026/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Grasim Industries Limited는 41명의 분석가가 다루고 있습니다. 이 중 8명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Rishab Bothra360 ONE Capital Market Private LimitedManish ValechaAnand Rathi Shares and Stock Brokers Limitednull nullAnand Rathi Shares and Stock Brokers Limited38명의 분석가 더 보기
Price Target Changed • Jun 09Price target increased by 8.0% to ₹3,127Up from ₹2,895, the current price target is an average from 10 analysts. New target price is 20% above last closing price of ₹2,609. Stock is up 6.9% over the past year. The company is forecast to post earnings per share of ₹14.84 for next year compared to ₹55.57 last year.
공시 • Jan 14Grasim Industries Limited Announces Suspension of Operations at Karwar Plant, KarnatakaGrasim Industries Limited announced that a minor process safety incident occurred at the company’s Karwar plant, Karnataka on 11 January 2025 due to power tripping led technical malfunction. Affected workers were treated at the local hospital and are expected to make a full recovery. Immediately, all the emergency protocol services were initiated. The plant operations have been suspended, pending internal investigation, and expected to resume operations once cleared by the concerned regulatory Authorities.
Price Target Changed • May 25Price target increased by 7.7% to ₹2,635Up from ₹2,446, the current price target is an average from 12 analysts. New target price is 8.0% above last closing price of ₹2,440. Stock is up 45% over the past year. The company is forecast to post earnings per share of ₹25.45 for next year compared to ₹85.29 last year.
공시 • Oct 19Grasim Industries Limited Provides Update Regarding the Incident At Century Rayon Plant, ShahadGrasim Industries Limited inform that the Department of Industrial Safety and Health ("DISH"), Kalyan has permitted the plant to restart the operations of Carbon Disulphide ("CS2") refining section of the plant, post compliance of the conditions stipulated in the said order issued by DISH. The company has also obtained requisite permission(s) from other concerned departments including Police Department and Maharashtra Pollution Control Board, Regional Office, Kalyan (MPCB) with whom we have deposited Bank Guarantee of INR 0.2 million as prescribed by MPCB which shall be forfeited for re-starting the operations as mentioned above. Accordingly,the operations of CS2 refining section have re-started on October 17, 2023.
공시 • Sep 25Grasim Industries Limited Informs Regarding the Incident At Century Rayon Plant, ShahadGrasim Industries Limited announced that this is in continuation to the letter dated 23rd September 2023 regarding the incident at Century Rayon plant, Shahad ("the plant"), this is to inform that company is in the receipt of theOrder from Department of Industrial Safety & Health, Kalyan (DISH) ("the Order") under the Factories Act, 1948 dated 23rd September 2023 and in accordance with the Order, Carbon Di Sulphide (CS2) refining section of the plant has been closed temporarily and shall be operational after complying the conditions stipulated in the Order. The Management has initiated the necessary steps to comply with the conditions stipulated in the said Order and further this is not likely to have a material impact on the Company's profitability. Company further inform with regrets that 2 (Two) yet to be accounted persons have been found to be deceased.
Price Target Changed • Oct 28Price target increased to ₹1,723Up from ₹1,530, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of ₹1,702. Stock is up 121% over the past year. The company posted earnings per share of ₹61.95 last year.
공시 • Jun 17Grasim Industries Limited Announces Executive Changes ChangesGrasim Industries Limited had noted that Mr. Kapil Agrawal, Business Head, Textiles Business and Senior Management Personnel of the Company, ceased to be Business Head, Textiles Business and as Senior Management Personnel of the Company, on account of an internal movement within the Aditya Birla Group, effective close of business hours on October 31, 2026. Grasim Industries Limited had approved the appointment of Ms. Sangeeta Tanwani as CEO (Designate) – Textiles Business and as Senior Management Personnel of the Company with effect from August 1, 2026. She will take over as CEO Textiles Business with effect from 1st November 2026. Ms. Sangeeta Tanwani brings over three decades of experience across Retail, FMCG, Financial Services and Pharmaceuticals, with leadership roles spanning Marketing, Branding, Strategy, and business leadership. She joined the Aditya Birla Group in 2018 and has led a significant transformation of Pantaloons, as well as spearheaded the Group’s entry into the fast-growing deep value segment through the build-up of Style Up and its subsequent transformation into “OWND”, a bold new fashion brand designed for India's Gen Z and youthful, trend-conscious consumers.
Reported Earnings • May 21Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2026 results: EPS: ₹73.21 (up from ₹55.57 in FY 2025). Revenue: ₹1.75t (up 18% from FY 2025). Net income: ₹49.7b (up 34% from FY 2025). Profit margin: 2.8% (up from 2.5% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates by 5.9%. Revenue is expected to fall by 51% p.a. on average during the next 3 years compared to a 1.9% decline forecast for the Basic Materials industry in India. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.
공시 • May 05Grasim Industries Limited to Report Q4, 2026 Results on May 20, 2026Grasim Industries Limited announced that they will report Q4, 2026 results on May 20, 2026
Reported Earnings • Feb 11Third quarter 2026 earnings released: EPS: ₹15.28 (vs ₹13.47 in 3Q 2025)Third quarter 2026 results: EPS: ₹15.28 (up from ₹13.47 in 3Q 2025). Revenue: ₹443.1b (up 27% from 3Q 2025). Net income: ₹10.4b (up 15% from 3Q 2025). Profit margin: 2.3% (down from 2.6% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to decline by 48% p.a. on average during the next 3 years, while revenues in the Basic Materials industry in India are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.
공시 • Jan 30Grasim Industries Limited to Report Q3, 2026 Results on Feb 10, 2026Grasim Industries Limited announced that they will report Q3, 2026 results on Feb 10, 2026
공시 • Jan 20Grasim Industries Limited Appoints Sachin Sahay as CEO of Birla Opus Paints, Effective February 16, 2026Grasim Industries Ltd. has announced that it has appointed ITC's Sachin Sahay as Chief Executive Officer of Birla Opus Paints. "Sahay has been appointed as CEO of Birla Opus Paints and will be designated as Senior Management Personnel of the company, effective February 16, 2026". The appointment comes months after the company announced the exit of Rakshit Hargave as CEO of the paints business. Prior to this,Sachin Sahay was with ITC, where he last served as Executive Vice President - Sales. He brings over 30 years of leadership experience in Sales & Marketing across entrepreneurial roles and multigeography assignments in India. He has played a pivotal role in ITC's FMCG transformation journey, including the creation and scale-up of its FMCG channel from greenfield operations to its current national footprint. In the past, Sahay has led the launch and growth of multiple brands, built largescale distribution capabilities across urban and rural markets, and driven complex transformation initiatives with a strong balance of process rigor and people leadership. He has been instrumental in implementing field force automation and streamlining common stockist operations across ITC's diverse portfolio, including cigarettes, foods, and FMCG, enabling efficient capital deployment and optimized partner engagement.
Reported Earnings • Nov 06Second quarter 2026 earnings released: EPS: ₹8.16 (vs ₹5.86 in 2Q 2025)Second quarter 2026 results: EPS: ₹8.16 (up from ₹5.86 in 2Q 2025). Revenue: ₹399.0b (up 19% from 2Q 2025). Net income: ₹5.53b (up 42% from 2Q 2025). Profit margin: 1.4% (up from 1.2% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to decline by 50% p.a. on average during the next 3 years, while revenues in the Basic Materials industry in India are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
공시 • Oct 27Grasim Industries Limited to Report Q2, 2026 Results on Nov 05, 2025Grasim Industries Limited announced that they will report Q2, 2026 results on Nov 05, 2025
공시 • Sep 24Grasim Industries Limited to Report Q2, 2026 Results on Nov 14, 2025Grasim Industries Limited announced that they will report Q2, 2026 results on Nov 14, 2025
Upcoming Dividend • Aug 05Upcoming dividend of ₹10.00 per shareEligible shareholders must have bought the stock before 12 August 2025. Payment date: 25 September 2025. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 0.4%. Lower than top quartile of Indian dividend payers (1.2%). In line with average of industry peers (0.5%).
Reported Earnings • Jul 24Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: ₹55.57 (down from ₹85.29 in FY 2024). Revenue: ₹1.48t (up 13% from FY 2024). Net income: ₹37.1b (down 34% from FY 2024). Profit margin: 2.5% (down from 4.3% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 41%. Revenue is forecast to decline by 55% p.a. on average during the next 3 years, while revenues in the Basic Materials industry in India are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.
Declared Dividend • Jul 17Dividend of ₹10.00 announcedDividend of ₹10.00 is the same as last year. Ex-date: 12th August 2025 Payment date: 25th September 2025 Dividend yield will be 0.4%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (18% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 9.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 79% over the next 3 years. A fall of 80% would increase the payout ratio to a potentially unsustainable range, which means the dividend may be at risk.
공시 • Jul 16Grasim Industries Limited announces Annual dividend, payable on September 25, 2025Grasim Industries Limited announced Annual dividend of INR 10.0000 per share payable on September 25, 2025, ex-date on August 12, 2025 and record date on August 12, 2025.
공시 • Jul 15Grasim Industries Limited, Annual General Meeting, Aug 26, 2025Grasim Industries Limited, Annual General Meeting, Aug 26, 2025, at 11:30 Indian Standard Time.
공시 • Jun 23Grasim Industries Limited to Report Q1, 2026 Results on Aug 14, 2025Grasim Industries Limited announced that they will report Q1, 2026 results on Aug 14, 2025
Price Target Changed • Jun 09Price target increased by 8.0% to ₹3,127Up from ₹2,895, the current price target is an average from 10 analysts. New target price is 20% above last closing price of ₹2,609. Stock is up 6.9% over the past year. The company is forecast to post earnings per share of ₹14.84 for next year compared to ₹55.57 last year.
Reported Earnings • May 23Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: ₹55.57 (down from ₹85.29 in FY 2024). Revenue: ₹1.50t (up 14% from FY 2024). Net income: ₹37.1b (down 34% from FY 2024). Profit margin: 2.5% (down from 4.3% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 41%. Revenue is expected to decline by 74% p.a. on average during the next 2 years, while revenues in the Basic Materials industry in India are expected to grow by 1.1%. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.
공시 • May 22+ 2 more updatesGrasim Industries Limited Recommends Dividend for the Financial Year Ended 31St March 2025Grasim Industries Limited at its Board of Directors meeting held on 22 May 2025 Recommended a dividend of INR 10 per equity share of face value of INR 2 for the financial year ended 31st March 2025, subject to the approval of shareholders at the ensuing Annual General Meeting ("AGM") of the Company.
공시 • May 10Grasim Industries Limited to Report Q4, 2025 Results on May 22, 2025Grasim Industries Limited announced that they will report Q4, 2025 results on May 22, 2025
공시 • Feb 11Grasim Industries Limited Announces Cessation of Harikrishna Agarwal as Managing Director, Effective March 31, 2025Grasim Industries Limited at its board of directors meeting held on February 10, 2025, announced that Mr. Harikrishna Agarwal will cease to be Managing Director and Key Managerial Personnel of the Company with effect from the close of business hours of 31 March 2025, due to early retirement. Earlier, he was re-appointed as the Managing Director of the Company for a period of two years with effect from 1 December 2023 up to 30 November 2025.
공시 • Feb 10Grasim Industries Limited Announces Cessation of Harikrishna Agarwal as Member of the Board of Directors, Effective March 31, 2025Grasim Industries Limited at its board of directors meeting held on February 10, 2025, announced that Mr. Harikrishna Agarwal will cease to be a Member of the Board of Directors of the Company with effect from the close of business hours of 31 March 2025, due to early retirement. Earlier, he was re-appointed as the Managing Director of the Company for a period of two years with effect from 1 December 2023 up to 30 November 2025.
공시 • Jan 14Grasim Industries Limited Announces Suspension of Operations at Karwar Plant, KarnatakaGrasim Industries Limited announced that a minor process safety incident occurred at the company’s Karwar plant, Karnataka on 11 January 2025 due to power tripping led technical malfunction. Affected workers were treated at the local hospital and are expected to make a full recovery. Immediately, all the emergency protocol services were initiated. The plant operations have been suspended, pending internal investigation, and expected to resume operations once cleared by the concerned regulatory Authorities.
공시 • Dec 27Grasim Industries Limited to Report Q3, 2025 Results on Feb 14, 2025Grasim Industries Limited announced that they will report Q3, 2025 results on Feb 14, 2025
Reported Earnings • Nov 15Second quarter 2025 earnings released: EPS: ₹5.86 (vs ₹17.73 in 2Q 2024)Second quarter 2025 results: EPS: ₹5.86 (down from ₹17.73 in 2Q 2024). Revenue: ₹335.6b (up 11% from 2Q 2024). Net income: ₹3.90b (down 67% from 2Q 2024). Profit margin: 1.2% (down from 3.9% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to decline by 68% p.a. on average during the next 3 years, while revenues in the Basic Materials industry in India are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
공시 • Oct 21Grasim Industries Limited Announces Executive ChangesGrasim Industries Limited Board of Directors based on the recommendation of Nomination and Remuneration Committee, has approved the changes in the Senior Management Personnel of the company, Mr. Omprakash Chitlange, CEO Cellulosic Fashion Yarn Business of the Company, will superannuate from the closure of business hours on 27th January 2025. Mr. Satyaki Ghosh, who is currently CEO - Domestic Textiles, will be appointed as CEO Cellulosic Fashion Yarn Business of the Company with effect from 28th January 2025. Mr. Satyaki Ghosh, a B.Sc. in Economics and an MBA by qualification, has been with the Aditya Birla Group (`Group') since 2016. During his tenure with the Group, Mr. Satyaki has led the Domestic Textiles and Thai Acrylic Fibre businesses. He has driven multiple advancements in Domestic Textiles business, including launch of e-commerce and D2C businesses, scale up of Linen Club Studio and leading the`Wealth out of Waste' project. He carries strong experience in B2C & B2B businesses, and across geographies.
공시 • Sep 26Grasim Industries Limited to Report Q2, 2025 Results on Nov 14, 2024Grasim Industries Limited announced that they will report Q2, 2025 results on Nov 14, 2024
공시 • Aug 27Grasim Industries Limited Appoints Vadiraj Kulkarni as the Business Head (Designate) Cellulosic Fibres, Effective from 1 October 2024Grasim Industries Limited announced the appointment of Mr. Vadiraj Kulkarni as the Business Head (Designate) Cellulosic Fibres, Senior Management Personnel of the Company with effect from 1st October 2024. Mr. Harikrishna Agarwal will continue as Managing Director of the Company and Business Director of Cellulosic Fibres and will oversee a planned and phased leadership transition over the coming months, with Mr. Vadiraj Kulkarni gradually taking the charge. Mr. Vadiraj Kulkarni, aged 51 years, will join from ITC Limited wherein he was Chief Executive Officer, Paperboards and Specialty Papers where he led an INR 80,000 million business with four plants across India. He is a senior business leader with more than 28 years of experience in P&L management, operations, and manufacturing in Agro products, Tobacco, and the Pulp and Paper divisions of ITC Limited. Under his leadership, the business doubled its topline and significantly improved margins. His strategic leadership consistently delivered strong business outcomes in a complex and competitive industry while making it the largest pulp and paperboard company in India. He holds Bachelor of Engineering (Chemical Engineering) degree from National Institute of Technology, Warangal in 1996.
공시 • Aug 22+ 1 more updateGrasim Industries Limited Announces Cessation of Independent DirectorsGrasim Industries Limited announced cessation of Mr. Cyril Suresh Shroff and Dr. Thomas Martin Connelly Jr. as Independent Directors of the Company with effect from August 22, 2024, on completion of their second term of five years.
공시 • Aug 20Grasim Industries Limited Announces Retirement of Raj Kumar as Non-Executive DirectorGrasim Industries Limited announced that Mr. Raj Kumar, a non-executive director of the company, liable to retire by rotation at 77th Annual General Meeting held on 20 August 2024 has not offered himself for re-appointment; accordingly, Mr. Raj Kumar retire as director effective 20 August 2024.
Upcoming Dividend • Jul 31Upcoming dividend of ₹10.00 per shareEligible shareholders must have bought the stock before 06 August 2024. Payment date: 19 September 2024. Payout ratio is a comfortable 12% but the company is not cash flow positive. Trailing yield: 0.4%. Lower than top quartile of Indian dividend payers (1.1%). In line with average of industry peers (0.5%).
Reported Earnings • Jul 22Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: ₹85.29 (down from ₹104 in FY 2023). Revenue: ₹1.31t (up 11% from FY 2023). Net income: ₹56.2b (down 18% from FY 2023). Profit margin: 4.3% (down from 5.8% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) also missed analyst estimates by 30%. Revenue is expected to fall by 61% p.a. on average during the next 3 years compared to a 6.1% decline forecast for the Basic Materials industry in India. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Jul 17Grasim Industries Limited, Annual General Meeting, Aug 20, 2024Grasim Industries Limited, Annual General Meeting, Aug 20, 2024, at 11:00 Indian Standard Time.
Declared Dividend • Jul 17Dividend of ₹10.00 announcedDividend of ₹10.00 is the same as last year. Ex-date: 6th August 2024 Payment date: 19th September 2024 Dividend yield will be 0.4%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (12% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 9.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 84% over the next 2 years. However, it would need to fall by 87% to increase the payout ratio to a potentially unsustainable range.
공시 • Jun 26Grasim Industries Limited to Report Q1, 2025 Results on Aug 14, 2024Grasim Industries Limited announced that they will report Q1, 2025 results on Aug 14, 2024
Price Target Changed • May 25Price target increased by 7.7% to ₹2,635Up from ₹2,446, the current price target is an average from 12 analysts. New target price is 8.0% above last closing price of ₹2,440. Stock is up 45% over the past year. The company is forecast to post earnings per share of ₹25.45 for next year compared to ₹85.29 last year.
New Risk • May 24New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.4x net interest cover). Earnings are forecast to decline by an average of 57% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (3.3% increase in shares outstanding).
공시 • May 23Grasim Industries Limited Recommends Dividend for the Year Ended 31 March 2024The Board of Directors of Grasim Industries Limited at its meeting held on May 22, 2024, recommended dividend of INR 10 per equity share of face value of 2 each (on fully paid up shares and partly paid up shares in proportion to their share in the paid up share capital) for the financial year ended 31 March 2024, subject to approval of shareholders at the upcoming Annual General Meeting of the Company.
Reported Earnings • May 23Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: ₹85.29 (down from ₹104 in FY 2023). Revenue: ₹1.32t (up 12% from FY 2023). Net income: ₹56.2b (down 18% from FY 2023). Profit margin: 4.3% (down from 5.8% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) also missed analyst estimates by 8.5%. Revenue is expected to fall by 80% p.a. on average during the next 2 years compared to a 5.2% decline forecast for the Basic Materials industry in India. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Feb 09Third quarter 2024 earnings released: EPS: ₹23.08 (vs ₹38.33 in 3Q 2023)Third quarter 2024 results: EPS: ₹23.08 (down from ₹38.33 in 3Q 2023). Revenue: ₹322.2b (up 13% from 3Q 2023). Net income: ₹15.1b (down 40% from 3Q 2023). Profit margin: 4.7% (down from 8.8% in 3Q 2023). Revenue is expected to fall by 52% p.a. on average during the next 3 years compared to a 1.9% decline forecast for the Basic Materials industry in India. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Feb 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Earnings are forecast to decline by an average of 44% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Shareholders have been diluted in the past year (3.3% increase in shares outstanding).
공시 • Jan 31Grasim Industries Limited has completed a Follow-on Equity Offering in the amount of INR 39.99797 billion.Grasim Industries Limited has completed a Follow-on Equity Offering in the amount of INR 39.99797 billion. Security Name: Equity Shares Security Type: Common Stock Securities Offered: 22,073,935 Price\Range: INR 1812 Discount Per Security: INR 2.3556 Transaction Features: Regulation S; Rights Offering
공시 • Jan 24Grasim Industries Limited(NSEI:GRASIM-RE) dropped from FTSE All-World Index (USD)Grasim Industries Limited(NSEI:GRASIM-RE) dropped from FTSE All-World Index (USD)
공시 • Jan 05Grasim Industries Limited has filed a Follow-on Equity Offering in the amount of INR 39.99797 billion.Grasim Industries Limited has filed a Follow-on Equity Offering in the amount of INR 39.99797 billion. Security Name: Equity Shares Security Type: Common Stock Securities Offered: 22,073,935 Price\Range: INR 1812 Transaction Features: Rights Offering
공시 • Dec 28Grasim Industries Limited Announces Cessation of Santrupt Misra as Non-Executive and Non-Independent DirectorGrasim Industries Limited announced that Dr. Santrupt Misra vide his letter dated December 28, 2023 has stepped down as a Non-Executive and Non-Independent Director of the Company with immediate effect to pursue his other plans and engagements. Date of cessation: December 28, 2023.
공시 • Oct 19Grasim Industries Limited Provides Update Regarding the Incident At Century Rayon Plant, ShahadGrasim Industries Limited inform that the Department of Industrial Safety and Health ("DISH"), Kalyan has permitted the plant to restart the operations of Carbon Disulphide ("CS2") refining section of the plant, post compliance of the conditions stipulated in the said order issued by DISH. The company has also obtained requisite permission(s) from other concerned departments including Police Department and Maharashtra Pollution Control Board, Regional Office, Kalyan (MPCB) with whom we have deposited Bank Guarantee of INR 0.2 million as prescribed by MPCB which shall be forfeited for re-starting the operations as mentioned above. Accordingly,the operations of CS2 refining section have re-started on October 17, 2023.
공시 • Sep 25Grasim Industries Limited Informs Regarding the Incident At Century Rayon Plant, ShahadGrasim Industries Limited announced that this is in continuation to the letter dated 23rd September 2023 regarding the incident at Century Rayon plant, Shahad ("the plant"), this is to inform that company is in the receipt of theOrder from Department of Industrial Safety & Health, Kalyan (DISH) ("the Order") under the Factories Act, 1948 dated 23rd September 2023 and in accordance with the Order, Carbon Di Sulphide (CS2) refining section of the plant has been closed temporarily and shall be operational after complying the conditions stipulated in the Order. The Management has initiated the necessary steps to comply with the conditions stipulated in the said Order and further this is not likely to have a material impact on the Company's profitability. Company further inform with regrets that 2 (Two) yet to be accounted persons have been found to be deceased.
공시 • Sep 16Grasim Industries Limited Unveils Brand Name of Its Paints Business, Birla OpusGrasim Industries Limited unveiled the brand name of its paints business, 'Birla Opus'. The market launch of Birla Opus is scheduled for fourth quarter of 2024. Grasim will offer a full suite of high-quality products in the decorative paints segment. Ahead of the launch, Grasim has successfully piloted the first-of-its-kind painting services in key metros and introduced a range of imported wood finishes. A cutting-edge R&D facility has already been set up in Maharashtra. Grasim had previously committed an investment of INR 10,000 million towards setting up the paints business. The company's manufacturing plants located in Haryana, Punjab, Tamil Nadu, Karnataka, Maharashtra, and West Bengal, will have a total capacity of 1,332 million litres per annum (MLPA), and will serve demand centres across the country. The current estimated value of India's decorative paints industry is INR 70,000 million. The paints industry is witnessing double digit growth year- on-year driven by rising consumer aspirations and the government's push towards 'H Housing for All'.
공시 • Jul 25+ 2 more updatesGrasim Industries Limited to Report Q3, 2024 Results on Feb 14, 2024Grasim Industries Limited announced that they will report Q3, 2024 results on Feb 14, 2024
공시 • Jun 28Grasim Industries Limited to Report Q1, 2024 Results on Aug 14, 2023Grasim Industries Limited announced that they will report Q1, 2024 results on Aug 14, 2023
공시 • May 27Grasim Industries Limited Recommends Dividend for the Financial Year Ended 31 March 2023Grasim Industries Limited Recommended a dividend of INR 10 (Rupees Ten Only) per equity share (of face value of 2 each) for the financial year ended 31 March 2023, subject to approval of shareholders at the upcoming Annual General Meeting ("AGM") of the Company.
Reported Earnings • Feb 15Third quarter 2023 earnings released: EPS: ₹38.33 (vs ₹26.09 in 3Q 2022)Third quarter 2023 results: EPS: ₹38.33 (up from ₹26.09 in 3Q 2022). Revenue: ₹286.4b (up 17% from 3Q 2022). Net income: ₹25.2b (up 47% from 3Q 2022). Profit margin: 8.8% (up from 7.0% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Basic Materials industry in India. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 29% per year.
Board Change • Feb 03High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. MD & Additional Director Hari Agarwal was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
공시 • Feb 02Grasim Industries Limited Announces Resignation of Shailendra K. Jain as Non-Executive DirectorGrasim Industries Limited informed that Shri Shailendra K. Jain (DIN: 00022454) vide his letter dated 1st February 2023 has stepped down as a Non-Executive Director of the Company with immediate effect due to his advancing age and need to devote time for family affairs. Shri Shailendra K. Jain has been an outstanding leader associated with the Company since 1965 and contributed to realise vision of developing Grasim's Pulp and Fibre business to become a global leader. For his long-standing contribution to the Group, he was conferred with the Lifetime Contribution Award in 2004 and Aditya Birla Group Ratna Award in 2017.
Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: ₹15.37 (vs ₹20.21 in 2Q 2022)Second quarter 2023 results: EPS: ₹15.37 (down from ₹20.21 in 2Q 2022). Revenue: ₹274.9b (up 22% from 2Q 2022). Net income: ₹10.1b (down 24% from 2Q 2022). Profit margin: 3.7% (down from 5.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Basic Materials industry in India. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 30% per year.
Recent Insider Transactions • Oct 01Insider recently sold ₹25m worth of stockOn the 28th of September, Krishna Maheshwari sold around 15k shares on-market at roughly ₹1,683 per share. This transaction amounted to 5.4% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹42m. Insiders have been net sellers, collectively disposing of ₹269m more than they bought in the last 12 months.
Recent Insider Transactions • Sep 14Insider recently sold ₹8.7m worth of stockOn the 7th of September, Krishna Maheshwari sold around 5k shares on-market at roughly ₹1,745 per share. This transaction amounted to 2.2% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹42m. Insiders have been net sellers, collectively disposing of ₹290m more than they bought in the last 12 months.
Recent Insider Transactions • Aug 19Insider recently sold ₹4.8m worth of stockOn the 17th of August, Pradip Dubey sold around 3k shares on-market at roughly ₹1,608 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹13m. Insiders have been net sellers, collectively disposing of ₹249m more than they bought in the last 12 months.
Reported Earnings • Aug 08Full year 2022 earnings released: EPS: ₹107 (vs ₹61.95 in FY 2021)Full year 2022 results: EPS: ₹107 (up from ₹61.95 in FY 2021). Revenue: ₹957.0b (up 25% from FY 2021). Net income: ₹70.3b (up 73% from FY 2021). Profit margin: 7.4% (up from 5.3% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 17%, compared to a 13% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.
공시 • Aug 06+ 3 more updatesGrasim Industries Limited, Annual General Meeting, Aug 31, 2023Grasim Industries Limited, Annual General Meeting, Aug 31, 2023.
Upcoming Dividend • Aug 04Upcoming dividend of ₹10.00 per shareEligible shareholders must have bought the stock before 11 August 2022. Payment date: 28 September 2022. Payout ratio is a comfortable 4.7% but the company is not cash flow positive. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.7%). Lower than average of industry peers (0.9%).
공시 • Aug 03Grasim Industries Limited, Annual General Meeting, Aug 29, 2022Grasim Industries Limited, Annual General Meeting, Aug 29, 2022, at 11:30 Indian Standard Time.
Recent Insider Transactions • Jun 30Insider recently sold ₹3.3m worth of stockOn the 27th of June, Amit Kumar sold around 2k shares on-market at roughly ₹1,335 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹218m more than they bought in the last 12 months.
공시 • Jun 29Grasim Industries Limited to Report Q1, 2023 Results on Aug 14, 2022Grasim Industries Limited announced that they will report Q1, 2023 results on Aug 14, 2022
공시 • Jun 17Grasim Industries Limited Announces Change of Chief Financial OfficerGrasim Industries Limited Board of Directors at its meeting held on 16 June 2022, inter-alia, based on the recommendation of the Nomination and Remuneration Committee and Audit Committee, have approved the appointment of Mr. Pavan Jain as the next Chief Financial Officer (CFO) and Key Managerial Personnel of the Company with effect from 15th August 2022. Mr. Jain is not related to any of the Directors and Promoters of the Company. This appointment comes in the wake of Mr. Ashish Adukia's plan to pursue career opportunities outside the Aditya Birla Group. He will be relieved from his current responsibilities as Chief Financial Officer of the Company with effect from 14th August 2022. Mr. Pavan Jain is a Fellow Member of the Institute of Chartered Accountants of India and an Associate Member of the Institute of Company Secretaries of India. He has undergone Executive Development Program of The Wharton School, University of Pennsylvania, USA. He has been with the Aditya Birla Group since 1991. Presently he is the Senior President, Grasim Industries Limited (Grasim) and has a stellar career track record spanning over three decades in the Group in different stints with Birla White, Grey Cement and Grasim. He joined Corporate Finance Division of Grasim in 2004. He has contributed in establishing some of the best practices in the Financial Reporting, Internal Controls and Risk Management systems across Grasim Businesses and also to various Corporate/Business restructuring plans and M&A activities of the Company notable among them are the Cement business restructuring, Aditya Birla Nuvo Limited merger with Grasim, acquisition of Domsjo pulp unit in Sweden, acquisition of Soktas India Private Limited now Grasim Premium Fabrics division and divestments of Vikram Ispat, Grasim Bhiwani Textiles Limited, Indo Gulf Fertilisers division of Grasim.
Recent Insider Transactions • Jun 02Insider recently sold ₹2.7m worth of stockOn the 27th of May, Amit Kumar sold around 2k shares on-market at roughly ₹1,408 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹308m more than they bought in the last 12 months.
Reported Earnings • May 26Full year 2022 earnings released: EPS: ₹107 (vs ₹61.95 in FY 2021)Full year 2022 results: EPS: ₹107 (up from ₹61.95 in FY 2021). Revenue: ₹957.0b (up 25% from FY 2021). Net income: ₹70.3b (up 73% from FY 2021). Profit margin: 7.4% (up from 5.3% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 2.1%, compared to a 15% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
공시 • May 25+ 1 more updateGrasim Industries Limited Recommends Special DividendGrasim Industries Limited recommended a special dividend of INR 5 per equity share, subject to approval of shareholders at the upcoming Annual General Meeting of the Company.
공시 • May 14Grasim Industries Limited to Report Q4, 2022 Results on May 24, 2022Grasim Industries Limited announced that they will report Q4, 2022 results on May 24, 2022
Buying Opportunity • Apr 30Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be ₹2,116, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 37%.
Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. MD , Additional Director & Business Head of Pulp & Fibre Hari Agarwal was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • Apr 02Insider recently sold ₹1.2m worth of stockOn the 30th of March, Hemant Kadel sold around 700 shares on-market at roughly ₹1,655 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹15m. Insiders have been net sellers, collectively disposing of ₹305m more than they bought in the last 12 months.
Buying Opportunity • Mar 21Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 4.1%. The fair value is estimated to be ₹1,963, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% per annum over the last 3 years. Earnings per share has grown by 37% per annum over the last 3 years.
Recent Insider Transactions • Mar 16Insider recently sold ₹1.2m worth of stockOn the 11th of March, Pavan Jain sold around 784 shares on-market at roughly ₹1,565 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹15m. Insiders have been net sellers, collectively disposing of ₹338m more than they bought in the last 12 months.
Buying Opportunity • Feb 24Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 8.6%. The fair value is estimated to be ₹2,021, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% per annum over the last 3 years. Earnings per share has grown by 37% per annum over the last 3 years.
Reported Earnings • Feb 15Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: ₹26.27 (up from ₹20.66 in 3Q 2021). Revenue: ₹245.2b (up 17% from 3Q 2021). Net income: ₹26.2b (up 93% from 3Q 2021). Profit margin: 11% (up from 6.5% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 71%. Over the next year, revenue is forecast to grow 2.9%, compared to a 13% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
공시 • Feb 02Grasim Industries Limited to Report Q3, 2022 Results on Feb 14, 2022Grasim Industries Limited announced that they will report Q3, 2022 results on Feb 14, 2022
Board Change • Jan 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. MD & Additional Director Hari Agarwal was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • Dec 10Insider recently sold ₹2.0m worth of stockOn the 3rd of December, Ashish Jajoo sold around 1k shares on-market at roughly ₹1,735 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹22m. Insiders have been net sellers, collectively disposing of ₹378m more than they bought in the last 12 months.
Recent Insider Transactions • Dec 02Insider recently sold ₹815k worth of stockOn the 23rd of November, Manoranjan Misra sold around 455 shares on-market at roughly ₹1,791 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹22m. Insiders have been net sellers, collectively disposing of ₹376m more than they bought in the last 12 months.
Executive Departure • Dec 01MD, Business Head of Fibre & Pulp and Director Dilip Gaur has left the companyOn the 30th of November, Dilip Gaur's tenure as MD, Business Head of Fibre & Pulp and Director of the company ended after 5.7 years in the role. As of September 2021, Dilip still personally held 38.50k shares (₹64m worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 2.33 years. Under Dilip's leadership, the company delivered a total shareholder return of 231%.
Reported Earnings • Nov 13Second quarter 2022 earnings released: EPS ₹20.21 (vs ₹8.95 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹228.2b (up 24% from 2Q 2021). Net income: ₹13.3b (up 126% from 2Q 2021). Profit margin: 5.8% (up from 3.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Oct 28Price target increased to ₹1,723Up from ₹1,530, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of ₹1,702. Stock is up 121% over the past year. The company posted earnings per share of ₹61.95 last year.
Recent Insider Transactions • Sep 25Insider recently sold ₹13m worth of stockOn the 22nd of September, Krishna Maheshwari sold around 8k shares on-market at roughly ₹1,563 per share. In the last 3 months, they made an even bigger sale worth ₹46m. Despite this recent sale, insiders have collectively bought ₹68m more than they sold in the last 12 months.
Recent Insider Transactions • Sep 03Insider recently sold ₹1.3m worth of stockOn the 31st of August, Pavan Jain sold around 900 shares on-market at roughly ₹1,490 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹46m. Despite this recent sale, insiders have collectively bought ₹150m more than they sold in the last 12 months.
Recent Insider Transactions • Aug 27Insider recently sold ₹1.5m worth of stockOn the 20th of August, Ashwin Laddha sold around 1k shares on-market at roughly ₹1,476 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹46m. Despite this recent sale, insiders have collectively bought ₹154m more than they sold in the last 12 months.
Price Target Changed • Aug 16Price target increased to ₹1,477Up from ₹1,379, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of ₹1,488. Stock is up 138% over the past year.
Reported Earnings • Aug 05Full year 2021 earnings released: EPS ₹61.95 (vs ₹66.26 in FY 2020)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: ₹764.0b (up 1.7% from FY 2020). Net income: ₹40.7b (down 6.5% from FY 2020). Profit margin: 5.3% (down from 5.8% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Aug 05Upcoming dividend of ₹9.00 per shareEligible shareholders must have bought the stock before 12 August 2021. Payment date: 26 September 2021. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.4%). In line with average of industry peers (0.4%).