Grasim Industries Limited

NSEI:GRASIM Stock Report

Market Cap: ₹1.7t

Grasim Industries Management

Management criteria checks 4/4

Grasim Industries' CEO is Hari Agarwal, appointed in Dec 2021, has a tenure of 2.92 years. total yearly compensation is ₹87.87M, comprised of 66.5% salary and 33.5% bonuses, including company stock and options. directly owns 0.009% of the company’s shares, worth ₹150.29M. The average tenure of the management team and the board of directors is 3.3 years and 3.2 years respectively.

Key information

Hari Agarwal

Chief executive officer

₹87.9m

Total compensation

CEO salary percentage66.5%
CEO tenure2.9yrs
CEO ownership0.009%
Management average tenure3.3yrs
Board average tenure3.2yrs

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

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

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

Sep 25
Grasim Industries (NSE:GRASIM) Has A Somewhat Strained Balance Sheet

Grasim Industries' (NSE:GRASIM) Returns On Capital Are Heading Higher

Apr 20
Grasim Industries' (NSE:GRASIM) Returns On Capital Are Heading Higher

Here's Why We Think Grasim Industries (NSE:GRASIM) Is Well Worth Watching

Apr 05
Here's Why We Think Grasim Industries (NSE:GRASIM) Is Well Worth Watching

Does Grasim Industries (NSE:GRASIM) Have A Healthy Balance Sheet?

Mar 20
Does Grasim Industries (NSE:GRASIM) Have A Healthy Balance Sheet?

Grasim Industries (NSE:GRASIM) Is Experiencing Growth In Returns On Capital

Jan 10
Grasim Industries (NSE:GRASIM) Is Experiencing Growth In Returns On Capital

Do Grasim Industries' (NSE:GRASIM) Earnings Warrant Your Attention?

Dec 27
Do Grasim Industries' (NSE:GRASIM) Earnings Warrant Your Attention?

Does Grasim Industries (NSE:GRASIM) Have A Healthy Balance Sheet?

Dec 14
Does Grasim Industries (NSE:GRASIM) Have A Healthy Balance Sheet?

With EPS Growth And More, Grasim Industries (NSE:GRASIM) Makes An Interesting Case

Sep 20
With EPS Growth And More, Grasim Industries (NSE:GRASIM) Makes An Interesting Case

Does Grasim Industries (NSE:GRASIM) Have A Healthy Balance Sheet?

Jul 06
Does Grasim Industries (NSE:GRASIM) Have A Healthy Balance Sheet?

Should You Be Adding Grasim Industries (NSE:GRASIM) To Your Watchlist Today?

Jun 20
Should You Be Adding Grasim Industries (NSE:GRASIM) To Your Watchlist Today?

Does Grasim Industries (NSE:GRASIM) Have A Healthy Balance Sheet?

Mar 28
Does Grasim Industries (NSE:GRASIM) Have A Healthy Balance Sheet?

A Look At The Fair Value Of Grasim Industries Limited (NSE:GRASIM)

Feb 16
A Look At The Fair Value Of Grasim Industries Limited (NSE:GRASIM)

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 ($USD1.04M) is about average for companies of similar size in the Indian market ($USD1.11M).

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


CEO

Hari Agarwal (65 yo)

2.9yrs

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 Director2.9yrs₹87.87m0.0088%
₹ 150.7m
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 Officer3.6yrs₹14.74mno data
Krishna Maheshwari
Business Head of Cement8.5yrs₹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 Director2.9yrs₹87.87m0.0088%
₹ 150.7m
Kumar Birla
Non-Executive Non-Independent Chairman32.1yrs₹310.00k0.24%
₹ 4.1b
Rajashree Birla
Non Executive Non-Independent Director28.7yrs₹340.00k0.081%
₹ 1.4b
Adesh Gupta
Non-Executive Independent Director3.5yrs₹485.00k0.010%
₹ 175.3m
Anita Ramachandran
Non-Executive Independent Director6.3yrs₹460.00kno data
Sushil Agarwal
Non-Executive Non-Independent Directorless than a year₹38.07m0.025%
₹ 436.3m
Mohanraj Narendranathan Nair
Non-Executive Independent Director5.3yrs₹510.00kno data
Ashvin Parekh
Independent Directorless than a yearno datano data
Thiru Chandrasekaran
Non-Executive Independent Director3.5yrs₹690.00k0.000010%
₹ 171.2k
Yazdi Dandiwala
Non-Executive Independent Director1.8yrs₹360.00kno data
Ananyashree Birla
Non-Executive Non-Independent Director1.8yrs₹250.00k0.0054%
₹ 92.8m
Aryaman Birla
Non-Executive Non-Independent Director1.8yrs₹300.00k0.0054%
₹ 92.8m

3.2yrs

Average Tenure

67.5yo

Average Age

Experienced Board: GRASIM's board of directors are considered experienced (3.2 years average tenure).