Grasim Industries vs J.K. Cement: share price, P/E, ROE and financials compared
Grasim Industries
J.K. Cement
Grasim Industries and J.K. Cement at a glance
Grasim Industries and J.K. Cement are both listed in Construction Materials. Grasim Industries is the larger by market cap, at ₹2.2L Cr against ₹40,487 Cr for J.K. Cement (5.4 times as large). On valuation, Grasim Industries has the lower P/E (38.5× against 42.3×) and the lower price-to-book (2.12× against 5.51×). On returns and margins, J.K. Cement has the higher ROCE (13.3% against 4.0%), the higher ROE (13.6% against 4.9%) and the higher operating margin (15.8% against 15.0%). Over three years, Grasim Industries has faster 3-year sales growth (+14.3% against +12.1% a year), while J.K. Cement has faster 3-year profit growth (+32.8% against −10.1% a year). J.K. Cement carries less debt for its equity, with a debt-to-equity of 1.01× against 1.35×.
Key metrics, side by side
| Metric | Grasim IndustriesGRASIM | J.K. CementJKCEMENT |
|---|---|---|
| Price (₹) | 3,227.00 | 5,239.80 |
| Market cap (₹ Cr) | 2,18,884 | 40,487 |
| P/E | 38.5× (the lower figure, shaded) | 42.3× |
| P/B | 2.12× (the lower figure, shaded) | 5.51× |
| Dividend yield, trailing | 0.31% | 0.38% |
| ROE | 4.9% | 13.6% (the higher figure, shaded) |
| ROCE | 4.0% | 13.3% (the higher figure, shaded) |
| Operating margin (OPM) | 15.0% | 15.8% (the higher figure, shaded) |
| Net margin (NPM) | 3.1% | 6.3% (the higher figure, shaded) |
| Sales CAGR 3Y | +14.3% (the higher figure, shaded) | +12.1% |
| Profit CAGR 3Y | −10.1% | +32.8% (the higher figure, shaded) |
| Debt to equity | 1.35× | 1.01× (the lower figure, shaded) |
| Interest cover | 5.2× (the higher figure, shaded) | 4.4× |
| Net profit TTM (₹ Cr) | – | 958 |
| 1Y return | +12.0% (the higher figure, shaded) | −9.1% |
| Promoter holding | 45.20% | 45.66% |
Grasim Industries vs J.K. Cement: common questions
Which is bigger, Grasim Industries or J.K. Cement?
By market cap, Grasim Industries is bigger at ₹2.2L Cr, against ₹40,487 Cr for J.K. Cement (prices as of 6 Nov 2026).
Which has a lower P/E ratio, Grasim Industries or J.K. Cement?
Grasim Industries trades at a P/E of 38.5× and J.K. Cement at 42.3×. Grasim Industries 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 J.K. Cement?
Grasim Industries reports a return on equity of 4.9% and J.K. Cement 13.6%. J.K. Cement has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Grasim Industries or J.K. Cement?
Over the last three years: Sales grew +14.3% a year at Grasim Industries and +12.1% at J.K. Cement, so Grasim Industries grew sales faster; profit grew −10.1% a year at Grasim Industries and +32.8% at J.K. Cement, so J.K. Cement grew profit faster. Past growth doesn’t predict future growth.