Grasim Industries Limited

BDL:GRA99 Stock Report

Market Cap: US$23.4b

Grasim Industries Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Himanshu Kapania

Chief executive officer

₹216.2m

Total compensation

CEO salary percentage53.38%
CEO tenure1.3yrs
CEO ownershipn/a
Management average tenure1.3yrs
Board average tenure5.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Himanshu Kapania's remuneration changed compared to Grasim Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

₹57b

Mar 31 2026₹216m₹115m

₹50b

Dec 31 2025n/an/a

₹45b

Sep 30 2025n/an/a

₹43b

Jun 30 2025n/an/a

₹40b

Mar 31 2025n/an/a

₹37b

Dec 31 2024n/an/a

₹39b

Sep 30 2024n/an/a

₹45b

Jun 30 2024n/an/a

₹53b

Mar 31 2024n/an/a

₹56b

Dec 31 2023n/an/a

₹56b

Sep 30 2023n/an/a

₹66b

Jun 30 2023n/an/a

₹65b

Mar 31 2023n/an/a

₹68b

Dec 31 2022n/an/a

₹78b

Sep 30 2022n/an/a

₹70b

Jun 30 2022n/an/a

₹73b

Mar 31 2022n/an/a

₹70b

Dec 31 2021n/an/a

₹64b

Sep 30 2021n/an/a

₹60b

Jun 30 2021n/an/a

₹55b

Mar 31 2021n/an/a

₹41b

Dec 31 2020n/an/a

₹37b

Sep 30 2020n/an/a

₹30b

Jun 30 2020n/an/a

₹34b

Mar 31 2020₹700kn/a

₹43b

Compensation vs Market: Himanshu's total compensation ($USD2.26M) is below average for companies of similar size in the Luxembourg market ($USD4.89M).

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

CEO

Himanshu Kapania (65 yo)

1.3yrs
Tenure
₹216,200,000
Compensation

Mr. Himanshu Kapania is Managing Director of Grasim Industries Limited from April 1, 2025. Mr. Kapania is Business Head of Decorative Paint business at Grasim Industries Limited. He serves as a Director at...

Leadership Team

NamePositionTenureCompensationOwnership
Himanshu Kapania
MD, Business Head of Decorative Paint Business & Executive Director1.3yrs₹216.20mno data
Hemant Kadel
Chief Financial Officer1yrno datano data
Ankit Panchmatia
Head of Investor Relationsno datano datano data
Saugata Chakravarty
Chief Legal Officerno datano datano data
Neelabja Chakrabarty
Company Secretary & Compliance Officerless than a yearno datano data
S. Kulkarni
Business Head of Cellulosic Fibres1.6yrsno datano data
Krishna Maheshwari
Business Head of Cement10.3yrs₹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
1.3yrs
Average Tenure
59.5yo
Average Age

Experienced Management: GRA99's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Himanshu Kapania
MD, Business Head of Decorative Paint Business & Executive Directorno data₹216.20mno data
Kumar Birla
Non-Executive Non-Independent Chairman33.8yrs₹400.00k0.31%
$ 71.5m
Rajashree Birla
Non Executive Non-Independent Director30.4yrs₹6.10m0.085%
$ 19.9m
Adesh Gupta
Non-Executive Independent Director5.3yrs₹3.05m0.011%
$ 2.5m
Anita Ramachandran
Non-Executive Independent Director8yrs₹3.15mno data
Sushil Agarwal
Non-Executive Non-Independent Director2.5yrs₹1.79m0.031%
$ 7.2m
Mohanraj Narendranathan Nair
Non-Executive Independent Director7.1yrs₹3.80mno data
Ashvin Parekh
Independent Director2yrs₹2.45mno data
Venkatadri Chandrasekaran
Non-Executive Independent Director5.3yrs₹4.18m0.000010%
$ 2.3k
Yazdi Dandiwala
Non-Executive Independent Director3.5yrs₹3.20mno data
Ananyashree Birla
Non-Executive Non-Independent Director3.5yrs₹1.45m0.0054%
$ 1.3m
Aryaman Birla
Non-Executive Non-Independent Director3.5yrs₹1.75m0.0054%
$ 1.3m
5.3yrs
Average Tenure
69.5yo
Average Age

Experienced Board: GRA99's board of directors are considered experienced (5.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/21 23:22
End of Day Share Price 2026/08/21 00:00
Earnings2026/06/30
Annual Earnings2026/03/31

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.

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 Github.

Analyst Sources

Grasim Industries Limited is covered by 42 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
Rishab Bothra360 ONE Capital Market Private Limited
Manish ValechaAnand Rathi Shares and Stock Brokers Limited
null nullAnand Rathi Shares and Stock Brokers Limited