Grasim Industries Ltd.
Snapshot View

1549.25 -32.95 ▼-2.1%

23 July 2021, 04:00:00 P.M.
Volume: 37,314

Overview View Details

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Website http://www.grasim.com
Financial Indicators
Market Cap 101,952.71 Cr.
Earnings per share (EPS) 65.42 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 23.68 Trailing Twelve Months Ending 2021-03
Industry PE 28.89 Trailing Twelve Months Ending 2021-03
Book Value / Share 995.23 Trailing Twelve Months Ending 2021-03
Price to Book Value 1.56 Calculated using Price: 1,549.25
Dividend Yield 0.58 Period Ending 2020-03
No. of Shares Subscribed 65.81 Cr. 658,077,851 Shares
FaceValue 2
Company Profile

Grasim Industries Ltd., a flagship company of Aditya Birla Group, ranks amongst the top publicly listed companies in India. Incorporated in 1947, it started as a textiles manufacturer in India. Today, it has evolved into a leading diversified player with leadership presence across many sectors. It is a leading global producer of Viscose Staple Fibre, the largest Chlor-Alkali, Linen and Insulators player in India. Through its subsidiaries, UltraTech Cement and Aditya Birla Capital, it is also India’s largest cement producer and a leading diversified financial services player.

Business area of the company

  • Viscose staple fibre - Grasim is India's pioneer in viscose staple fibre (VSF), a man-made, biodegradable fibre with characteristics akin to cotton. An extremely versatile and easily blendable fibre, VSF is widely used in apparels, home textiles, dress material, knitted wear and non-woven applications.
  • Viscose Filament Yarn - Grasim is one of India’s major Viscose Filament Yarn (VFY) player. Also known as rayon, VFY is a natural fibre which can be made to resemble silk, cotton and wool in its feel and texture. Known for its versatility, VFY has superior drape, fluidity and lustre which makes it a popular choice for manufacturing fabrics such as georgettes, crepes and chiffons.
  • Chemicals - in 1972, Grasim’s chemicals business was set up to manufacture caustic soda for the company’s VSF unit. Currently, it is one of India’s largest caustic soda producers and is a market leader in the chlor-alkali segment.  Over the years, Grasim’s chemicals business has created a strong foothold in the industry and offers a wide range of products from chlorine derivatives to epoxy.
  • Textiles - Grasim ventured into the textiles industry in 1949 by setting up Jaya Shree Textiles at Rishra, West Bengal. Currently, Jaya Shree Textiles is one of India’s leading linen and wool manufacturers. It has four strategic business units (SBUs) i.e., linen spinning, linen fabric, wool combing and worsted spinning. All four SBUs are driven by the common goal of making the workplace a source of creativity, innovation, and self-fulfilment for all employees.
  • Fertilisers - Grasim’s fertiliser division, Indo Gulf Fertilisers (IGF) is a leading agri-solutions provider. From sowing to harvesting, it develops solutions and products for each stage of farming. Marketed under the name ‘Birla Shaktiman’, the brand is one of the most popular fertiliser brands in the Indo-Gangetic plain, the core market where it operates.
  • Insulators - Aditya Birla Insulators is India’s largest manufacturer of electrical insulators and is amongst the top four insulator manufacturers globally. It produces the widest range of insulators in India including insulators for transmission lines & substations up to 1200 kV voltage level, as well as equipment & railways.

Awards

1993

  • Rajiv Gandhi National Quality award.

1995

  • Jamnalal Bajaj Uchit Vyavahar Puraskar for fair business practices.

1998

  • The Ramakrishna Bajaj National Quality award in 1998.

1999

  • First in India to be certified ISO 9001:2000, by DNV, The Netherlands (2001).
  • IMC Ramakrishna Bajaj National Quality award (certificates of merit).
  • Best productivity award by the National Productivity Council.

2000

  • National energy conservation award by Ministry of Power, Government of India.
  • IQRS level 6 rating from DNV, The Netherlands.
  • Best energy efficient unit award by CII.

2001

  • National award for 'Quality excellence in the Indian Cement Industry' from the National Council for Cement and Building Materials.
  • TPM Excellence award, first category, by JIPM, Tokyo.

2004

  • Birla Super Cement received the Environment Excellence Award under the silver category by GreenTech Foundation.
  • Birla Super Cement certified with the OHSAS 18001:1999 for their occupational health and safety management system by Det Norske Veritas (DNV).
  • Aditya Limestone Mines wins the following awards at the Mines Safety Week 2004, Udaipur.
  • Grasim, Nagda received the FICCI Annual Award 2003-2004 in recognition of corporate initiative in rural development.

2005

  • Environmental and Ecological Gold Award by Greenland Society.
  • Golden Peacock Eco-Innovation Award by IOD.
  • Safety awards for longest accident-free period (Membrane Cell) and lowest average frequency rate (CSA plant) by the Government of India.
  • Social Awareness Award won by Aditya Cement.
  • TERI CSR Award presented to Aditya Cement.
  • CII National Energy Management Award for the most energy efficient unit.

2006

  • Greentech Environmental Excellence Award by Greentech Foundation.
  • Distinguished Achiever Award to Mr. Ravi Uppal from the Aditya Birla Group.
  • Young Achiever Award to Mr. Rakesh Jha from the Aditya Birla Group.

2007

  • IMC Ramakrishna Bajaj National Quality Special Award for performance excellence 2007 in the manufacturing category.

2009

  • TERI CSR Award presented to Vikram Cement.

2012

  • The first cement unit in India to be certified ISO 14001 (1997) and OHSA 18001 (certifications from DNV, Rotterdam, The Netherlands, in 2001)

2017

  • Social Awareness Award won by Vikram Cement.
  • Best performance in terms of Energy Saving under PAT cycle 1 in Chlor Alkali Sector in December 17 - Bureau of Energy Efficiency, Govt. of India, Ministry of Power.
  • SA 8000 certification achieved.
  • FAI Award: Improvement in Overall Performance of company for the year FY2016-17 by Fertilizer Association of India (FAI).

2018

  • Award for Best Export Performance in the Category of Viscose Staple Fibre (Gold Trophy) 2018 conferred by textile minister Ms. Smriti Irani at SRTEPC.
  • CSR - ET NOW Award for Community Development (Rishra) in 2018.
  • Award for Best Export Performance in the Category of Viscose Staple Fibre (Gold Trophy) 2018.

2019

  • Ranked 2nd for Best Corporate Governance Practices in Asia-Pacific by IR Global Rankings. Also, ranked best company in corporate governance practices in basic materials industry, globally.
  • Grasim wins ‘Best Manufacturing Company (>Rs 2,500 crore) category’ at Business Today’s Business Leaders of Madhya Pradesh Awards 2019.
  • Grasim has bagged the Dun & Bradstreet Corporate Award 2019 as the Top Company for its stellar performance in the Indian Textiles sector.

2020

  • Grasim Industries ranked 9th among the top 10 Indian corporates for its Sustainability and CSR practices by the ET and Futurescape 7th Responsible Business Rankings 2020. 
  • Grasim Industries, Grasilene Division, Harihar, has been bestowed with the CII-ITC Sustainability Award 2019 for Excellence in Environment Management.
  • Grasim Industries Limited (Staple Fibre Division- Nagda) wins the prestigious Golden Peacock Award for CSR in the Textile and Apparel sector for the year 2019.

Milestones:

  • 1950 - Production of fabrics at Gwalior with imported man-made rayon.
  • 1954 - VSF production commences at Nagda (Madhya Pradesh).
  • 1962 - Inception of Engineering Division for plant and machinery for VSF.
  • 1963 - Composite textile mill at Bhiwani (Haryana).
  • 1968 - Rayon production commences at Mavoor, Kerala.
  • 1972 - VSF and Pulp plant at Harihar (Karnataka) based on in-house engineering and know-how. Nagda commences production of rayon grade caustic soda - for VSF production.
  • 1977 - Grasim's third rayon plant - at Harihar, Karnataka - goes into production.
  • 1985 - Vikram Cement - Grasim's first cement plant goes on stream at Jawad (Madhya Pradesh).
  • 1987 - Vikram Cement's second production line is commissioned.
  • 1991 - A third production line is added at Vikram Cement.
  • 1992 - Grasim sets up Birla International Marketing Corporation (BIMC), a merchant exporter.
  • 1993 - Vikram Ispat, India's third largest gas-based sponge iron plant is commissioned. Birla Consultancy & Software Services is set up, to provide IT consulting services and for software development.
  • 1995 - Grasim commissions two Greenfield cement plants - Grasim Cement at Rawan (Chattisgarh) and Aditya Cement at Shambhupura (Rajasthan).  Vikram Woollens, spinning unit at Malanpur (Madhya Pradesh) set up.
  • 1996 - The first phase of Grasim's fourth VSF plant is commissioned at Kharach (Gujarat).
  • 1999 - Grasim's viscose staple fibre (VSF) and rayon grade pulp units at Mavoor are closed down owing to lack of raw material.
  • 2000 - The Lawson Competency Centre is set up as a division of Birla Consultancy & Software Services, the software arm of Grasim, following a tie up with Lawson Software (USA), among Fortune's top five private software companies.
  • 2001 - Four Ready-Mix Concrete plants commissioned with an aggregate capacity of one million cubic meters.
  • 2002 - VSF Research & Application Centre set up at Kharach in Gujarat.
  • 2007 - Eighteen ready-mix concrete plants commissioned.
  • 2009 - Grasim hives off its sponge iron business by way of slump sale. Grasim commissions a greenfield cement plant at Kotputli (Rajasthan).Vikram Cement and Aditya Cement win the Federation of Indian Mineral and Industries' 'Social Awareness Award for the year 2008-09'.
  • 2010 - Consolidation of the cement business under UltraTech Cement Limited.
  • 2011 - Acquired Domsjo Fabriker AB (Domsjo), Sweden, in a joint venture with Group Companies.
  • 2012 - Acquired assets of Terrace Bay, a paper grade mill, in a JV with Group company Thai Rayon, in July 2012.
  • 2013 - Caustic soda and Epoxy plant commissioned at Vilayat.
  • 2014 - Grasim’s state-of-the-art Viscose Staple Fibre plant is commissioned at Vilayat, Gujarat.
  • 2015 - Grasim Industries has submitted a copy of the Presentation on Aditya Birla Chemicals (India) Limited to Merge with Grasim. Grasim Industries has completed the last phase of its Greenfield Viscose Staple Fibre (VSF) Plant at Vilayat (Gujarat) for production of Specialty Fibre, by commissioning the 4th line. Grasim Industries has received Competition Commission of India (CCI) approval on marger of Aditya Birla Chemicals (India) with Grasim Industries. The Scheme of Amalgamation of Aditya Birla Chemicals (India) with Grasim Industries has sanctioned by the Hon'ble High Court of Madhya Pradesh.
  • 2016 - Aditya Birla Chemicals (India) merged with Grasim Industries.
  • 2017 - Grasim Industries Limited - Vilayat Unit wins 4th CSR Impact Award as ‘Company with the Best CSR Impacts 2016-17’ for the projects Aajeevika project, BalSanskar project and ‘Tandrusti Aapna Hath Ma’ at India CSR Summit - Gurugram (NCR). Merger of Aditya Birla Nuvo with Grasim.
  • 2018 - Grasim Industry has been ranked 205 in the list of ‘Global 2000 - Growth Champions 2018’ by Forbes Magazine USA.
  • 2019 - Grasim Industry signed a definitive agreement to acquire 100% equity shareholding of soktas India Private Limited from Its current Promoters, for an enterprise value of Rs 165 crore. 
  • 2020 - Grasim commissioned the third generation 16 KTPA specially fibre plant using in-house green technology at Kharach, Gujarat.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-2.08%
1 Week
-1.46%
1 Month
+3.36%
3 Month
+21.31%
6 Month
+54.25%
1 Year
+158.96%
2 Year
+75.35%
5 Year
+58.58%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 22.40 20.23 13.85 10.88 12.93 14.02 9.97 4.72 10.71
Return on Capital Employed (%) 22.73 20.62 13.33 12.75 13.88 16.21 12.15 8.40 9.25
Return on Assets (%) 10.30 9.19 6.21 4.77 5.74 6.73 3.26 1.21 2.52

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 17,069 19,657 21,614 23,140 27,429 31,387 57,362 58,020 56,652
Non Curr. Liab. 7,892 9,159 10,636 10,091 8,955 10,663 81,678 103,839 106,665
Curr. Liab. 6,336 9,086 8,550 13,120 14,463 10,995 42,522 48,765 46,626
Minority Int. 5,233 6,221 6,936 7,682 8,729 9,702 26,337 30,503 34,335
Equity & Liab. 36,531 44,123 47,736 54,033 59,576 62,747 207,899 241,127 244,278
Non Curr. Assets 24,996 31,402 33,774 40,849 44,500 44,288 167,590 191,246 191,933
Curr. Assets 11,535 12,721 13,962 13,184 15,077 18,459 40,309 49,881 52,345
Misc. Exp. not W/O
Total Assets 36,531 44,123 47,736 54,033 59,576 62,747 207,899 241,127 244,278

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 25,245 27,909 29,323 32,838 34,487 36,068 55,932 77,264 77,847
Other Income 742 620 576 659 662 948 861 826 967
Total Income 25,986 28,529 29,900 33,498 35,149 37,016 56,792 78,090 78,814
Total Expenditure -19,666 -21,986 -24,409 -27,694 -28,083 -28,683 -43,610 -60,621 -60,343
PBIDT 6,321 6,543 5,491 5,804 7,066 8,333 13,183 17,470 18,470
Interest -314 -324 -447 -788 -718 -702 -3,663 -6,060 -6,926
Depreciation -1,154 -1,252 -1,457 -1,563 -1,834 -1,808 -2,724 -3,571 -4,041
Taxation -1,321 -1,467 -735 -1,016 -1,225 -1,707 -1,947 -2,434 -6
Exceptional Items 204 -9 -28 -433 -2,688 -1,382
PAT 3,531 3,704 2,851 2,427 3,262 4,116 4,415 2,716 6,115

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 4,295 4,242 3,549 4,594 5,868 7,288 -4,140 -1,659 16,666
Cash Fr. Inv. -3,629 -5,725 -2,389 -2,370 -4,573 -3,488 510 -2,271 -11,635
Cash Fr. Finan. -679 1,348 -1,046 -2,278 -1,365 -3,799 3,449 4,158 -3,185
Net Change -12 -136 114 -54 -69 2 -181 228 1,845
Cash & Cash Eqvt 327 229 397 157 113 94 949 1,224 3,073

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 40.15 40.15 40.11 40.26 40.26 40.92 41.42 41.83 42.09
Public 57.36 57.40 57.59 57.61 57.61 57.17 56.70 56.34 56.10
Depository Receipts 2.49 2.45 2.30 2.13 2.13 1.92 1.88 1.83 1.81
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Tue, 20 Jul 2021
Shareholding for the Period Ended June 30 2021
Grasim Industries Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Sat, 17 Jul 2021
Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Advertisement regarding Loss of share certificates already transferred to the Investor Education Protection Fund Authority
Thu, 15 Jul 2021
Announcement under Regulation 30 (LODR)-Joint Venture
Intimation of Execution of Joint Venture Agreement

Technical Scans View Details

Fri, 23 Jul 2021
Decreasing Relative Strength - Benchmark index Decreasing Relative Strength - Benchmark index
Close Within 2 Year High Zone Close Within 2 Year High Zone
Close Within 5 Year High Zone Close Within 5 Year High Zone
Both SRS And ARS Above Zero Both SRS And ARS Above Zero
Stochastic Reversing from Overbought Zone Stochastic Reversing from Overbought Zone

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