Grasim Industries Limited Share Price and Company Fundamentals



Price
₹1345.7
Change
24.950 (1.889%)
52 week
1276.6 - 1929.8

Last traded: Last Friday at 9:59 AM

Grasim Industries Limited operates in fibre, yarn, pulp, chemicals, textile, fertilizers, and insulators businesses in India and internationally. The company operates through Viscose, Chemicals, Cement, Financial Services, and Others segments. It provides viscose staple fiber, a man-made biodegradable fiber for use in apparels, home textiles, dress materials, knitted wear products, and non-woven applications; wood pulp products; viscose filament yarn, a natural fibre for manufacturing fabrics; and textile products, such as linen and wool. The company also offers various chemical products, including chlor-alkali and epoxy resin products; and fertilizers comprising neem-coated urea, soil and crop specific customised fertilizers, seeds, agrochemicals, and plant and soil health products under the Birla Shaktiman brand name. In addition, it provides electrical insulators for transmission lines and substations, as well as equipment and railways. Further, the company offers grey cement; white cement under the Birla White brand; ready mix concrete; and cement-based putty. Additionally, it provides various financial services comprising non-bank financial, life insurance, asset management, housing finance, equity broking, wealth management, general insurance advisory, and health insurance services. The company is also involved in solar power designing, engineering procurement, and commissioning business. Grasim Industries Limited was incorporated in 1947 and is based in Mumbai, India.

Key Metrics

PE ratio

12.44

PB ratio

1.17

Dividend yield

0.38%

Beta

0.68

Market cap

-

Enterprise value

-

Company profile

Industry / SectorBuilding Materials / Basic Materials
Websitehttps://www.grasim.com
Mailing addressAditya Birla Centre ‘A’ Wing, 2nd Floor S.K. Ahire Marg Worli Mumbai 400030 India
Phone / Fax91 22 6652 5000 / 91 22 6652 5114

Dividends

Dividend yield

0.38%

Dividend amount

₹5.00

Payout ratio

4.63%

5Y Avg. yield

0.60%

Grasim Industries Limited paid ₹5.00 dividend and the ex-dividend date was 12 Aug 2021.The dividend payout ratio is 4.63%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.GRASIM dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

GRASIM's forward dividend amount is ₹5 and the forward dividend yield is 0.37%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Grasim Industries Limited.

NameTitleAgeTotal Pay
Ms. Hutokshi R. WadiaPres
Mr. Ashish AdukiaChief Financial Officer
Mr. Hari Krishna AgarwalMD , Additional Director & Bus. Head of Pulp & Fibre62
Mr. R. Manjunath B.Com.Exec. Officer of Admin.69
Mr. Sailesh Kumar DagaCompany Sec. & Compliance Officer
Dr. Pragnya RamGroup Exec. Pres of Corp. Communications & CSR76
Mr. Rajeev GopalGlobal Chief Sales & Marketing Officer and Group Exec. Pres of Pulp & Fibre Bus.
Mr. Thomas VargheseBus. Head of Textiles Bus.60
Mr. Gopi Krishna TulsianExec. Pres of Chemical Bus.848.31M
Dr. Sunil Kulwal ACS, FCAChief Exec. Officer of Fertilisers60

Profitability and management effectiveness

Profit margin

7.89%

Operating margin

17.00%

Return on assets

3.66%

Return on equity

9.77%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Grasim Industries Limited is and its enterprise value is .

The GRASIM's stocks Beta value is 0.68 making it 32% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Grasim Industries Limited (NSE:GRASIM) Frequently Asked Questions

1. What is Grasim Industries Limited's Stock Symbol?

Grasim Industries Limited trades on NSE under the ticker symbol "GRASIM".

2. What is Grasim Industries Limited's stock price today?

One share of GRASIM stock can currently be purchased for approximately ₹1345.7.

3. How can I contact Grasim Industries Limited?

Grasim Industries Limited's mailing address is Aditya Birla Centre ‘A’ Wing, 2nd Floor S.K. Ahire Marg Worli Mumbai 400030 India. The company can be reached via phone at 91 22 6652 5000.

4. What is Grasim Industries Limited's official website?

The official website of Grasim Industries Limited is https://www.grasim.com.