Grasim Industries share price, P/E, ROE & financials

On 6 Nov 2026, Grasim Industries was priced at ₹3,227.00, or 38.5× trailing earnings, against an industry P/E of 27.3×. Sales grew 14% a year over 3 years while net profit fell 10%; its ROCE of 4.0% is the lowest among the 7 largest Building Materials peers. Debt is 1.35× equity, and its dividend yield is 0.3%. It is a large-cap company with a market cap of ₹2.2 lakh crore, ranked 2nd of 58 Building Materials companies by market cap; the shares rose 12% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹3,188.50
Day high: ₹3,227.00
Day low: ₹3,174.60
Prev. close: ₹3,227.60
Volume: 9.2 L

Health check

1 good · 2 fair · 3 to check

ReturnsAhead
+12.0% over a year, better than 7 of 7 peers.
Price tagPricier
P/E 38.5 vs industry 27.3.
GrowthSteady
Sales +14.3%, profit −10.1% a year over 3 years.
ProfitabilityWeak
ROCE 4.0% vs peer median 10.2%.
Balance sheetFair
Debt 1.35× equity, interest covered 5.2×, Piotroski 6 of 9.
Red flags1 to check
Return on equity is low at 4.9%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Building Materials

57 listed peers. Screen the industry

Large cap

₹2.2L Cr, #2 of 58 in its industry by size.

Defensive

Beta 0.40 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹1,84,029 Cr · profit ₹5,692 Cr

Market cap: ₹2.2L Cr; Large cap
P/E: 38.5; Industry 27.3
Price to book: 2.12; Peers 2.39
Dividend yield: 0.31%
ROE: 4.9%; Peers 6.9%
ROCE: 4.0%; Peers 10.2%
Debt to equity: 1.35; Debt ₹2.3L Cr
EPS (TTM): ₹83.85; Face value ₹2
OPM (TTM): 15.0%; Net margin 3.1%
Sales growth: +21.4%; Latest quarter vs a year ago
Profit growth: +51.1%; Latest quarter vs a year ago
Price to sales: 1.19; EV/EBITDA 13.0

Strengths

Quarterly profit up 51.1% on a year ago.
Quarterly sales up 21.4% on a year ago.
Promoter stake up from 43.1% to 45.2%.

Risks to check

Return on equity is low at 4.9%.

Derived automatically from reported figures. Not a recommendation.

About Grasim Industries

Grasim Industries Limited, together with its subsidiaries, primarily produces cellulosic fibres, diversified chemicals, fashion yarns, and fabrics in india and internationally. The company operates through Cellulosic Fibres, Chemicals, Building Materials, Financial Services, and Others segments. It offers cellulosic staple fibre; and cellulosic fashion yarn; chlor-alkali comprising caustic soda; chlorine derivatives; and specialty chemicals, such as epoxy…

Headquarters: Mumbai
Employees: 28,259
Sector: Basic Materials
ISIN: INE047A01021
Website: grasim.com

Price range

52 weeks

₹2,502.50₹3,411.10

Today

₹3,174.60₹3,227.00

Avg volume (3M): 8.2 L
1-year return: plus 12.0%
From 52-week high: minus 5.4%

Analyst consensus

10 analysts

No consensusMean target ₹3,837.50 18.9%

Target range, with today’s price

Low ₹3,500.00High ₹4,175.00

Today’s price ₹3,227.00 is below the lowest analyst target.

Next results expected around 13 Nov 2026

Consensus from Yahoo Finance. Not a recommendation.

Peers · Building Materials

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
ULTRACEMCOUltraTech Cement	12,450.00	plus 1.63%	3,66,110	41.6	22.8	11.8%	19.1%	0.38	11.9%	plus 3.6%
GRASIMGrasim Industries	3,227.00	minus 0.02%	2,18,884	38.5	16.8	4.0%	15.0%	1.35	14.3%	plus 12.0%
AMBUJACEMAmbuja Cements	390.60	plus 0.67%	97,057	34.7	14.6	4.6%	14.3%	0.01	–	minus 31.6%
SHREECEMShree Cement	25,100.00	plus 0.82%	90,563	57.2	18.0	10.2%	20.1%	0.09	5.7%	minus 9.8%
JKCEMENTJ.K. Cement	5,239.80	minus 0.20%	40,487	42.3	19.2	13.3%	15.8%	1.01	12.1%	minus 9.1%
DALBHARATDalmia Bharat	1,470.30	plus 0.27%	27,602	56.3	9.6	7.0%	16.5%	0.57	3.0%	minus 28.5%
ACCACC	1,236.20	plus 0.77%	23,214	26.4	7.9	10.4%	8.7%	0.02	–	minus 33.1%
RAMCOCEMThe Ramco Cements	817.35	plus 0.70%	19,313	31.8	15.9	9.6%	14.9%	0.48	3.3%	minus 21.0%
Median of 7 peers	–	0.70%	40,487	41.6	15.9	10.2%	15.8%	0.38	5.7%	−21.0%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Mar 25	Jun 25	Dec 25	Mar 26	Jun 26
44,267	40,118	44,312	51,101	48,716
–	–	–	+15.4%	+21.4%
38,103	34,030	38,363	43,318	40,944
6,164	6,088	5,949	7,783	7,772
13.9%	15.2%	13.4%	15.2%	16.0%
552	414	209	344	331
821	816	933	922	919
1,831	1,810	1,975	2,042	1,988
−67.3	−38.4	−200	−84.6	−13.3
3,996	3,837	3,051	5,078	5,183
25.6%	27.8%	26.8%	25.1%	25.8%
1,496	1,421	1,037	1,958	2,146
–	–	–	+30.9%	+51.1%
22.19	20.91	15.26	28.84	31.60

Sep 25 not reported by the data source.

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +14.3%
Profit CAGR 3Y: −10.1%
EPS CAGR 3Y: −10.9%
ROE: 4.9%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
1,16,467	1,29,579	1,47,178	1,73,925
–	+11.3%	+13.6%	+18.2%
99,678	1,10,060	1,28,648	1,49,261
16,789	19,519	18,531	24,664
14.4%	15.1%	12.6%	14.2%
3,490	755	1,035	810
1,252	1,644	2,772	3,434
4,529	5,001	6,454	7,726
230	70.1	485	159
14,727	13,700	10,825	14,473
24.8%	27.5%	28.3%	28.8%
6,827	5,624	3,706	4,966
–	minus 17.6%	minus 34.1%	+34.0%
103.47	85.15	55.50	73.13

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
132	133	136	136
78,610	88,520	97,373	1,03,334
1,03,027	1,37,144	1,86,315	2,27,842
1,55,436	1,86,743	2,16,712	2,38,243
3,37,205	4,12,539	5,00,536	5,69,555
77,325	93,570	1,24,739	1,33,802
11,173	21,547	17,670	18,272
76,929	97,884	1,11,619	1,20,691
22,411	26,971	28,223	31,754
1,49,367	1,72,567	2,18,285	2,65,037
3,37,205	4,12,539	5,00,536	5,69,555

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
−12,685	−10,719	−17,170	−17,810
−13,687	−23,113	−23,982	−17,803
26,469	33,908	42,978	33,523
97.3	75.7	1,826	−2,090
−12,036	−19,485	−17,181	−15,626
−24,721	−30,204	−34,351	−33,436
−1,151	−1,126	−1,584	−1,671

Shareholding pattern

Source: NSE filings

45.2%

promoters

Promoters45.20%
Public54.47%
Employee trusts0.33%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	45.20%	54.47%	plus 1.46
30 Jun 2026	43.74%	55.93%	0.00
31 Mar 2026	43.74%	55.92%	plus 0.52
31 Dec 2025	43.22%	56.42%	plus 0.11
30 Sep 2025	43.11%	56.58%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you