Grasim Industries Limited

NSEI:GRASIM Stock Report

Market Cap: ₹1.7t

Grasim Industries Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Hari Agarwal

Chief executive officer

₹87.9m

Total compensation

CEO salary percentage66.5%
CEO tenure3yrs
CEO ownership0.009%
Management average tenure3.3yrs
Board average tenure3.3yrs

Recent management updates

We Think The Compensation For Grasim Industries Limited's (NSE:GRASIM) CEO Looks About Right

Aug 14
We Think The Compensation For Grasim Industries Limited's (NSE:GRASIM) CEO Looks About Right

Recent updates

Grasim Industries (NSE:GRASIM) Seems To Be Using A Lot Of Debt

Dec 22
Grasim Industries (NSE:GRASIM) Seems To Be Using A Lot Of Debt

Here's What To Make Of Grasim Industries' (NSE:GRASIM) Decelerating Rates Of Return

Oct 10
Here's What To Make Of Grasim Industries' (NSE:GRASIM) Decelerating Rates Of Return

Grasim Industries (NSE:GRASIM) Has A Somewhat Strained Balance Sheet

Sep 19
Grasim Industries (NSE:GRASIM) Has A Somewhat Strained Balance Sheet

Grasim Industries Limited's (NSE:GRASIM) Shareholders Might Be Looking For Exit

Sep 01
Grasim Industries Limited's (NSE:GRASIM) Shareholders Might Be Looking For Exit

We Think The Compensation For Grasim Industries Limited's (NSE:GRASIM) CEO Looks About Right

Aug 14
We Think The Compensation For Grasim Industries Limited's (NSE:GRASIM) CEO Looks About Right

Grasim Industries' (NSE:GRASIM) Dividend Will Be ₹10.00

Aug 01
Grasim Industries' (NSE:GRASIM) Dividend Will Be ₹10.00

Grasim Industries (NSE:GRASIM) Is Due To Pay A Dividend Of ₹10.00

Jul 18
Grasim Industries (NSE:GRASIM) Is Due To Pay A Dividend Of ₹10.00

Return Trends At Grasim Industries (NSE:GRASIM) Aren't Appealing

Jun 29
Return Trends At Grasim Industries (NSE:GRASIM) Aren't Appealing

Is Grasim Industries (NSE:GRASIM) Using Too Much Debt?

Jun 11
Is Grasim Industries (NSE:GRASIM) Using Too Much Debt?

Grasim Industries Limited's (NSE:GRASIM) Earnings Are Not Doing Enough For Some Investors

Apr 07
Grasim Industries Limited's (NSE:GRASIM) Earnings Are Not Doing Enough For Some Investors

Grasim Industries' (NSE:GRASIM) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Jan 18
Grasim Industries' (NSE:GRASIM) Sluggish Earnings Might Be Just The Beginning Of Its Problems

CEO Compensation Analysis

How has Hari Agarwal's remuneration changed compared to Grasim Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹45b

Jun 30 2024n/an/a

₹53b

Mar 31 2024₹88m₹58m

₹56b

Dec 31 2023n/an/a

₹56b

Sep 30 2023n/an/a

₹66b

Jun 30 2023n/an/a

₹65b

Mar 31 2023₹100m₹60m

₹68b

Dec 31 2022n/an/a

₹78b

Sep 30 2022n/an/a

₹70b

Jun 30 2022n/an/a

₹73b

Mar 31 2022₹45m₹45m

₹70b

Compensation vs Market: Hari's total compensation ($USD1.03M) is about average for companies of similar size in the Indian market ($USD1.05M).

Compensation vs Earnings: Hari's compensation has been consistent with company performance over the past year.

CEO

Hari Agarwal (65 yo)

3yrs

Tenure

₹87,866,000

Compensation

Mr. Hari Krishna Agarwal is Managing Director at Grasim Industries Limited since December 1, 2021 and serves as it’s Business Director of Cellulosic Fibres since October 01, 2024. He serves as an Executive...

Leadership Team

NamePositionTenureCompensationOwnership
Hari Agarwal
MD, Business Director of Cellulosic Fibres & Executive Director3yrs₹87.87m0.0088%
₹ 150.8m
Pavan Jain
Chief Financial Officer2.3yrs₹17.62mno data
Hemant Kadel
Senior President of Corporate Finance Divisionno datano datano data
Ankit Panchmatia
Head of Investor Relationsno datano datano data
Sailesh Daga
Company Secretary & Compliance Officer3.7yrs₹14.74mno data
Krishna Maheshwari
Business Head of Cement8.6yrs₹43.04mno data
Aspi Patel
Chief Technology Officer of Fibre & Pulp Businessno datano datano data
Jayant Dua
Business Head of Solar & Textilesno datano datano data
Manmohan Singh
Chief Marketing Officer of Cellulosic Fibreno datano datano data
Anil Rustogi
Chief Financial Officer of Pulp & Fibre Businessno datano datano data
Manoj Kedia
Chief Financial Officer of Chemicalsno datano datano data
Chandra Bhattacharjee
Chief Human Resource Officer of Chemicalsno datano datano data

3.3yrs

Average Tenure

59yo

Average Age

Experienced Management: GRASIM's management team is considered experienced (3.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Hari Agarwal
MD, Business Director of Cellulosic Fibres & Executive Director3yrs₹87.87m0.0088%
₹ 150.8m
Kumar Birla
Non-Executive Non-Independent Chairman32.2yrs₹310.00k0.24%
₹ 4.1b
Rajashree Birla
Non Executive Non-Independent Director28.8yrs₹340.00k0.081%
₹ 1.4b
Adesh Gupta
Non-Executive Independent Director3.6yrs₹485.00k0.010%
₹ 175.5m
Anita Ramachandran
Non-Executive Independent Director6.3yrs₹460.00kno data
Sushil Agarwal
Non-Executive Non-Independent Directorless than a year₹38.07m0.025%
₹ 436.7m
Mohanraj Narendranathan Nair
Non-Executive Independent Director5.4yrs₹510.00kno data
Ashvin Parekh
Independent Directorless than a yearno datano data
Thiru Chandrasekaran
Non-Executive Independent Director3.6yrs₹690.00k0.000010%
₹ 171.4k
Yazdi Dandiwala
Non-Executive Independent Director1.8yrs₹360.00kno data
Ananyashree Birla
Non-Executive Non-Independent Director1.8yrs₹250.00k0.0054%
₹ 92.9m
Aryaman Birla
Non-Executive Non-Independent Director1.8yrs₹300.00k0.0054%
₹ 92.9m

3.3yrs

Average Tenure

67.5yo

Average Age

Experienced Board: GRASIM's board of directors are considered experienced (3.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 21:14
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Grasim Industries Limited is covered by 52 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Manish ValechaAnand Rathi Shares and Stock Brokers Limited
null nullAnand Rathi Shares and Stock Brokers Limited
Rupesh SankheAngel Broking Private Limited