Grasim Industries vs Ambuja Cements: share price, P/E, ROE and financials compared
Grasim Industries
Ambuja Cements
Grasim Industries and Ambuja Cements at a glance
Grasim Industries and Ambuja Cements are both listed in Construction Materials. Grasim Industries is the larger by market cap, at ₹2.2L Cr against ₹97,057 Cr for Ambuja Cements (2.3 times as large). On valuation, Ambuja Cements has the lower P/E (34.7× against 38.5×) and the lower price-to-book (1.62× against 2.12×). On returns and margins, Grasim Industries has the higher operating margin (15.0% against 14.3%), while Ambuja Cements has the higher ROCE (4.6% against 4.0%). Ambuja Cements carries less debt for its equity, with a debt-to-equity of 0.01× against 1.35×.
Key metrics, side by side
| Metric | Grasim IndustriesGRASIM | Ambuja CementsAMBUJACEM |
|---|---|---|
| Price (₹) | 3,227.00 | 390.60 |
| Market cap (₹ Cr) | 2,18,884 | 97,057 |
| P/E | 38.5× | 34.7× (the lower figure, shaded) |
| P/B | 2.12× | 1.62× (the lower figure, shaded) |
| Dividend yield, trailing | 0.31% | 0.51% (the higher figure, shaded) |
| ROE | 4.9% | 4.5% |
| ROCE | 4.0% | 4.6% (the higher figure, shaded) |
| Operating margin (OPM) | 15.0% (the higher figure, shaded) | 14.3% |
| Net margin (NPM) | 3.1% | 7.2% (the higher figure, shaded) |
| Sales CAGR 3Y | +14.3% | – |
| Profit CAGR 3Y | −10.1% | – |
| Debt to equity | 1.35× | 0.01× (the lower figure, shaded) |
| Interest cover | 5.2× | 15.8× (the higher figure, shaded) |
| Net profit TTM (₹ Cr) | – | 2,804 |
| 1Y return | +12.0% (the higher figure, shaded) | −31.6% |
| Promoter holding | – | 67.33% |
Grasim Industries vs Ambuja Cements: common questions
Which is bigger, Grasim Industries or Ambuja Cements?
By market cap, Grasim Industries is bigger at ₹2.2L Cr, against ₹97,057 Cr for Ambuja Cements (prices as of 6 Nov 2026).
Which has a lower P/E ratio, Grasim Industries or Ambuja Cements?
Grasim Industries trades at a P/E of 38.5× and Ambuja Cements at 34.7×. Ambuja Cements has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, Grasim Industries or Ambuja Cements?
Grasim Industries reports a return on equity of 4.9% and Ambuja Cements 4.5%. The two are close. ROE is net profit as a share of shareholders’ equity.