Fortune India 500 2025 edition
Rank#25- Total income
- ₹1,51,048 Cr
- Profit
- ₹3,706 Cr
Last year #27
Grasim Industries Ltd - manufacturing in Ujjain, Madhya Pradesh, India. FY 2026 financials & compliance.
Active Listed - NSE: GRASIM · BSE: 500300 Public Limited Company manufacturing Fortune India 500 · #25 India's Most Valuable Nifty 50
Market Cap
₹1,96,614 Cr
GRASIM · NSE
Share Price
₹2,894.40
+0.18% today
Revenue
₹1,75,431 Cr
FY 2025-26 · +18.2% YoY
EBITDA
₹35,973 Cr
Margin 20.5%
Net Profit
₹5,046 Cr
FY 2025-26 · +39.7% YoY
P/E (TTM)
33.5x
P/B 1.9x
ROE
10.2%
ROCE 7.2%
Debt / Equity
2.06
Interest cover 53.6x
About Grasim Industries Ltd
Data last updated:
Grasim Industries Ltd is a public limited company based in Ujjain, Madhya Pradesh, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 25 August 1947 and has been in existence for over 79 years.
Grasim Industries is ranked #25 on the Fortune India 500 (2025). It is part of the Nifty 50, Nifty 500 and BSE 500 indices. Its director Kumar Mangalam Birla and family are #6 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN L17124MP1947PLC000410. Its GSTIN is 23AAACG4464B1Z6 (Madhya Pradesh). The company holds 164 GST registrations, of which 103 are active. Its shares are listed on BSE: 500300 and NSE: GRASIM.
The company has an authorised share capital of ₹423.5 Cr and a paid-up capital of ₹136.12 Cr. It was formerly known as The Gwalior Rayon Silk Manufacturing Weaving Company Limited. It is led by directors including Himanshu Kapania (Managing Director) and Anita Ramachandran.
Its last annual general meeting (AGM) was held on 26 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Birlagram Nagda, Ujjain, Madhya Pradesh, India – 456331.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹1,75,431 Cr, a growth of 18.2% compared to the previous year. For the same year it recorded a net profit of ₹5,045.86 Cr (net margin 2.9%) and EBITDA of ₹35,973 Cr (EBITDA margin 20.5%). The net worth stands at ₹1,03,481 Cr (up 6.1% YoY). Total assets are valued at ₹5,05,569 Cr (up 14.7% YoY).
The company has about 23,055 employees on its provident fund (EPFO) records. Its group structure includes 7 subsidiaries and 2 joint ventures.
The company is associated with 8 brands, including Navyasa, Livaeco, Birla Pivot, Aditya Birla Renewables, Aditya Birla Nuvo and others. As per MCA filings, the company has open charges of ₹1,300 Cr and satisfied charges of ₹10,910 Cr on record. Court records list 2,844 cases involving the company, including 1,802 filed by the company and 1,045 filed against it; 916 cases are pending. The company has 48 deals on record (39 market trades, 5 debt financings, 2 rights issues), with disclosed funding of ₹6,500 Cr; the latest was in June 2024. The company has 31 MSME Form 1 returns on record between 2018 and 2024, listing 1,240 overdue payments to 496 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website grasim.com.
Company details
CIN L17124MP1947PLC000410
Registration Number 000410
Incorporation Date 25 August 1947
ROC Gwalior
Listing Status Listed - Listed on NSE (GRASIM); Listed on BSE (500300)
Company Status Active
Date of Last AGM 26 August 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
Key People
Himanshu Kapania Managing Director Anita Ramachandran Director Venkatadri Chandrasekaran Director Recognitions & Rankings of Grasim Industries
India's Most Valuable Companies 2025 edition · Source: Hurun India
- Revenue
- ₹1,49,937 Cr
2024 #35 2023 #31 2022 #34
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #6 Kumar Mangalam Birla & family ₹2,68,700 Cr
Stock market indices
Nifty 50 Nifty 500 BSE 500
Contact details
Grasim Industries Ltd's registered office is in Ujjain, Madhya Pradesh. Its website is grasim.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBirlagram Nagda, Ujjain, Madhya Pradesh, India – 456331
- IndustryManufacturing, Textile & Fabric Production, Construction Materials
To see the full contact details of Grasim Industries Ltd, buy the company report.
Comprehensive company report
Grasim Industries Ltd - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Secure checkout · GST invoice included
Brands
Grasim Industries operates multiple associated brands including Navyasa, Livaeco, and Birla Pivot. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform selling designer sarees, tunics, and women's clothing for modern consumers. | navyasabyliva.in | |
| Produces sustainable, eco-enhanced fabrics for apparel using responsible forestry practices. | livaeco.com | |
| Online platform for procuring steel, cement, tiles, and electrical supplies. | birlapivot.com | |
| Executes large-scale solar, wind, and hybrid energy projects for utilities and industries. | adityabirlarenewables.com | |
| Online retailer offering premium linen apparel for men, including shirts and trousers. | linenclub.com | |
| Fabrics, synthetic yarns, viscose, chemicals, and linen products are manufactured. | grasim.com | |
| Conglomerate having interest in Manufacturing, Finance, Fashion and Telecom. | adityabirlanuvo.com | |
| Viscose filament yarn is manufactured for apparel and home textiles. | raysil.co.in |
Business activity
The main business activity of Grasim Industries is manufacturing. In detail, this covers textile, leather and other apparel products and chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | |
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Grasim Industries Ltd, buy the company report.
Financials of Grasim Industries Ltd
FY 2025-26 filings availableGrasim Industries Ltd reported revenue of ₹1,75,431 Cr (up 18.2% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹1,75,431 Cr
+18.2% YoY
EBITDA
₹35,973 Cr
+28.4% YoY
Profit After Tax
₹5,046 Cr
+39.7% YoY
Net Worth
₹1,03,481 Cr
+6.1% YoY
Total Assets
₹5,05,569 Cr
+14.7% YoY
Total Debt
₹2,27,842 Cr
+22.3% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,75,431 | 1,48,478 | 1,30,978 | 1,17,627 | 95,701 | 76,404 | 68,252 |
| Revenue growth | +18.2% | +13.4% | +11.4% | +22.9% | +25.3% | +11.9% | - |
| EBITDA | 35,973 | 28,023 | 26,626 | 21,501 | 20,362 | 18,294 | 8,967 |
| EBITDA margin | +20.5% | +18.9% | +20.3% | +18.3% | +21.3% | +23.9% | +13.1% |
| Profit before tax | 14,473 | 10,825 | 13,700 | 14,727 | 13,143 | 10,009 | 6,554 |
| Net profit | 5,046 | 3,612 | 5,892 | 6,832 | 7,421 | 4,543 | 5,389 |
| Net profit margin | +2.9% | +2.4% | +4.5% | +5.8% | +7.8% | +6.0% | +7.9% |
| EPS (₹) | 72.98 | 54.45 | 84.71 | 103.69 | 114.68 | 65.41 | 67.06 |
| Balance sheet | |||||||
| Total assets | 5,05,569 | 4,40,760 | 3,60,056 | 2,94,144 | 2,49,863 | 2,32,318 | 2,15,404 |
| Net worth | 1,03,481 | 97,520 | 88,664 | 78,753 | 75,709 | 65,505 | 56,644 |
| Total debt | 2,27,842 | 1,86,315 | 1,37,144 | 1,03,027 | 74,733 | 79,067 | 84,766 |
| Cash & bank | 6,188 | 7,905 | 4,649 | 3,713 | 3,253 | 5,337 | 3,804 |
| Net working capital | 36,067 | 25,348 | 21,195 | 14,418 | 7,008 | 8,888 | 12,825 |
| Cash flow | |||||||
| Cash from operations | (17,810) | (17,170) | (10,719) | (12,685) | 7,038 | 15,075 | 16,620 |
| Cash from investing | (17,798) | (23,313) | (23,114) | (13,712) | (1,053) | (7,146) | (11,364) |
| Cash from financing | 33,523 | 42,978 | 33,908 | 26,469 | (6,733) | (8,003) | (3,418) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 48,716 | 51,101 | 44,312 | 39,900 | 40,118 | 44,267 | 35,378 | 34,223 |
| Revenue growth (YoY) | +21.4% | +15.4% | +25.3% | +16.6% | +15.9% | - | - | - |
| Other income | 331 | 228 | 265 | 406 | 414 | 552 | 382 | 487 |
| EBITDA | 11,138 | 10,790 | 8,670 | 7,671 | 8,784 | 8,683 | 6,804 | 5,943 |
| EBITDA margin | +22.9% | +21.1% | +19.6% | +19.2% | +21.9% | +19.6% | +19.2% | +17.4% |
| Depreciation | 1,988 | 2,042 | 1,975 | 1,899 | 1,810 | 1,831 | 1,608 | 1,572 |
| Interest | 4,298 | 4,015 | 3,909 | 3,669 | 3,551 | 3,407 | 3,270 | 3,027 |
| Profit before tax | 5,183 | 4,960 | 3,051 | 2,510 | 3,837 | 3,996 | 2,308 | 1,830 |
| Tax | 1,337 | 1,276 | 818 | 1,012 | 1,066 | 1,023 | 574 | 847 |
| Net profit | 3,846 | 3,684 | 2,233 | 1,498 | 2,771 | 2,973 | 1,734 | 983 |
| EPS (₹) | 31.60 | 28.84 | 15.26 | 8.15 | 20.88 | 22.19 | 12.21 | 4.71 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 41,039 | 31,563 | 25,847 | 26,840 | 20,857 | 12,386 | 16,082 |
| Revenue growth | +30.0% | +22.1% | -3.7% | +28.7% | +68.4% | -23.0% | - |
| EBITDA | 1,641 | 977 | 1,600 | 3,092 | 3,147 | 1,483 | 1,817 |
| EBITDA margin | +4.0% | +3.1% | +6.2% | +11.5% | +15.1% | +12.0% | +11.3% |
| Profit before tax | 444 | 333 | 1,202 | 2,645 | 3,237 | 1,027 | 1,354 |
| Net profit | 422 | 318 | 1,313 | 2,070 | 2,979 | 828 | 1,518 |
| Net profit margin | +1.0% | +1.0% | +5.1% | +7.7% | +14.3% | +6.7% | +9.4% |
| EPS (₹) | 5.12 | 3.12 | 14.24 | 32.25 | 46.35 | 13.75 | 19.58 |
| Balance sheet | |||||||
| Total assets | 68,143 | 66,531 | 61,957 | 52,388 | 53,129 | 47,672 | 42,996 |
| Net worth | 55,277 | 54,398 | 52,115 | 46,955 | 48,616 | 42,948 | 37,692 |
| Total debt | 12,490 | 11,863 | 9,729 | 5,352 | 4,384 | 4,223 | 5,158 |
| Cash & bank | 132 | 194 | 310 | 474 | 225 | 133 | 78.96 |
| Net working capital | 1,340 | 1,807 | (204) | (590) | (907) | (990) | 1,361 |
| Cash flow | |||||||
| Cash from operations | 2,681 | (25.43) | 1,778 | 2,319 | 2,656 | 2,402 | 3,315 |
| Cash from investing | (1,524) | (2,883) | (5,586) | (2,190) | (1,896) | (875) | (4,277) |
| Cash from financing | (1,179) | 2,896 | 3,840 | (165) | (777) | (1,509) | 993 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 11,795 | 11,774 | 10,432 | 9,610 | 9,223 | 8,926 | 8,120 | 7,623 |
| Revenue growth (YoY) | +27.9% | +31.9% | +28.5% | +26.1% | +33.8% | - | - | - |
| Other income | 144 | 119 | 106 | 1,419 | 144 | 227 | 102 | 1,294 |
| Total expenses | 10,845 | 11,316 | 10,000 | 9,244 | 8,839 | 8,819 | 7,850 | 7,348 |
| EBITDA | 950 | 459 | 432 | 366 | 385 | 107 | 271 | 275 |
| EBITDA margin | +8.1% | +3.9% | +4.1% | +3.8% | +4.2% | +1.2% | +3.3% | +3.6% |
| Depreciation | 527 | 571 | 539 | 502 | 478 | 501 | 421 | 406 |
| Interest | 269 | 246 | 239 | 203 | 206 | 201 | 181 | 161 |
| Profit before tax | 298 | (240) | (241) | 1,081 | (156) | (368) | (230) | 1,002 |
| Tax | 50.86 | (75.97) | (66.11) | 276 | (38.16) | (80.25) | (61.76) | 281 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 22 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 48,716 | 51,101 | 44,312 | 39,900 | 40,118 | 44,267 | 35,378 | 34,223 |
| Revenue growth (YoY) | +21.4% | +15.4% | +25.3% | +16.6% | +15.9% | - | - | - |
| Other income | 331 | 228 | 265 | 406 | 414 | 552 | 382 | 487 |
| EBITDA | 11,138 | 10,790 | 8,670 | 7,671 | 8,784 | 8,683 | 6,804 | 5,943 |
| EBITDA margin | +22.9% | +21.1% | +19.6% | +19.2% | +21.9% | +19.6% | +19.2% | +17.4% |
| Depreciation | 1,988 | 2,042 | 1,975 | 1,899 | 1,810 | 1,831 | 1,608 | 1,572 |
| Interest | 4,298 | 4,015 | 3,909 | 3,669 | 3,551 | 3,407 | 3,270 | 3,027 |
| Profit before tax | 5,183 | 4,960 | 3,051 | 2,510 | 3,837 | 3,996 | 2,308 | 1,830 |
| Tax | 1,337 | 1,276 | 818 | 1,012 | 1,066 | 1,023 | 574 | 847 |
| Net profit | 3,846 | 3,684 | 2,233 | 1,498 | 2,771 | 2,973 | 1,734 | 983 |
| EPS (₹) | 31.60 | 28.84 | 15.26 | 8.15 | 20.88 | 22.19 | 12.21 | 4.71 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,75,431 | 1,48,478 | 1,30,978 | 1,17,627 | 95,701 | 76,404 | 68,252 |
| Revenue growth | +18.2% | +13.4% | +11.4% | +22.9% | +25.3% | +11.9% | - |
| Other income | 1,370 | 1,756 | 1,353 | 3,821 | 1,717 | 1,472 | 8,482 |
| Total expenses | 1,39,458 | 1,20,455 | 1,04,353 | 96,126 | 75,339 | 58,111 | 59,286 |
| Employee cost | 11,246 | 9,722 | 7,963 | 7,194 | 6,328 | 5,535 | 5,760 |
| EBITDA | 35,973 | 28,023 | 26,626 | 21,501 | 20,362 | 18,294 | 8,967 |
| EBITDA margin | +20.5% | +18.9% | +20.3% | +18.3% | +21.3% | +23.9% | +13.1% |
| Depreciation | 7,726 | 6,454 | 5,001 | 4,552 | 4,161 | 4,033 | 4,004 |
| Interest | 15,144 | 12,500 | 9,277 | 6,044 | 4,776 | 5,723 | 6,890 |
| Profit before tax | 14,473 | 10,825 | 13,700 | 14,727 | 13,143 | 10,009 | 6,554 |
| Tax | 4,172 | 3,069 | 3,774 | 3,649 | 1,936 | 3,022 | (84.32) |
| Net profit | 5,046 | 3,612 | 5,892 | 6,832 | 7,421 | 4,543 | 5,389 |
| Net profit margin | +2.9% | +2.4% | +4.5% | +5.8% | +7.8% | +6.0% | +7.9% |
| EPS (₹) | 72.98 | 54.45 | 84.71 | 103.69 | 114.68 | 65.41 | 67.06 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 147 | 147 | 144 | 143 | 143 | 143 | 143 |
| Reserves & surplus | 1,04,021 | 97,916 | 88,988 | 78,607 | 75,564 | 65,359 | 56,498 |
| Shareholders' funds (net worth) | 1,03,481 | 97,520 | 88,664 | 78,753 | 75,709 | 65,505 | 56,644 |
| Minority interest | 66,395 | 60,304 | 50,286 | 44,171 | 40,476 | 37,068 | 34,305 |
| Secured loans | 1,34,520 | 1,02,752 | 78,186 | 59,417 | 38,615 | 43,052 | 53,647 |
| Unsecured loans | 93,323 | 83,562 | 58,957 | 43,611 | 36,118 | 36,015 | 31,119 |
| Total debt | 2,27,842 | 1,86,315 | 1,37,144 | 1,03,027 | 74,733 | 79,067 | 84,766 |
| Total liabilities | 5,05,569 | 4,40,760 | 3,60,056 | 2,94,144 | 2,49,863 | 2,32,318 | 2,15,404 |
| Assets | |||||||
| Gross block | 1,92,783 | 1,77,054 | 1,30,740 | 1,20,450 | 1,10,332 | 1,02,442 | 1,01,591 |
| Net block | 1,49,452 | 1,41,148 | 1,00,494 | 94,896 | 88,996 | 85,023 | 87,736 |
| Capital work in progress | 16,465 | 14,765 | 18,358 | 7,778 | 6,615 | 5,769 | 3,904 |
| Investments | 1,54,982 | 1,40,496 | 1,29,306 | 1,05,355 | 96,766 | 88,017 | 66,337 |
| Inventories | 15,429 | 15,614 | 13,545 | 11,159 | 9,536 | 6,197 | 6,841 |
| Sundry debtors | 10,970 | 9,159 | 6,979 | 5,915 | 5,429 | 4,342 | 5,793 |
| Cash & bank balances | 6,188 | 7,905 | 4,649 | 3,713 | 3,253 | 5,337 | 3,804 |
| Loans & advances | 54,342 | 39,958 | 39,088 | 28,248 | 19,795 | 19,792 | 18,324 |
| Total current assets | 86,929 | 72,637 | 64,261 | 49,035 | 38,013 | 35,668 | 34,761 |
| Total current liabilities | 50,861 | 47,288 | 43,067 | 34,618 | 31,006 | 26,780 | 21,936 |
| Net working capital | 36,067 | 25,348 | 21,195 | 14,418 | 7,008 | 8,888 | 12,825 |
| Total assets | 5,05,569 | 4,40,760 | 3,60,056 | 2,94,144 | 2,49,863 | 2,32,318 | 2,15,404 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 4,883 | 2,388 | 2,313 | 2,241 | 2,989 | 3,063 | 1,225 |
| Net cash from operating activities | (17,810) | (17,170) | (10,719) | (12,685) | 7,038 | 15,075 | 16,620 |
| Net cash from investing activities | (17,798) | (23,313) | (23,114) | (13,712) | (1,053) | (7,146) | (11,364) |
| Net cash from financing activities | 33,523 | 42,978 | 33,908 | 26,469 | (6,733) | (8,003) | (3,418) |
| Net change in cash | (2,085) | 2,495 | 75.09 | 71.86 | (748) | (74.61) | 1,838 |
| Closing cash | 6,188 | 7,905 | 4,649 | 3,713 | 3,253 | 5,337 | 3,804 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +18.2% | +13.4% | +11.4% | +22.9% | +25.3% | +11.9% | - |
| EBITDA growth | +28.4% | +5.3% | +23.8% | +5.6% | +11.3% | +104.0% | - |
| PBT growth | +33.7% | -21.0% | -7.0% | +12.1% | +31.3% | +52.7% | +26.9% |
| Net income growth | +39.7% | -38.7% | -13.8% | -7.9% | +63.3% | -15.7% | - |
| Revenue CAGR (3Y) | +14.3% | +15.8% | +19.7% | +19.9% | +7.4% | +11.0% | +23.7% |
| EBITDA CAGR (3Y) | +18.7% | +11.2% | +13.3% | +33.9% | +13.5% | +18.9% | +6.7% |
| Profitability & leverage | |||||||
| Net income margin | +5.9% | +5.2% | +7.6% | +9.4% | +11.7% | +9.1% | +9.7% |
| Return on capital employed | +7.2% | +6.8% | +8.2% | +9.0% | +8.9% | +8.4% | +8.1% |
| Return on net worth | +10.3% | +8.3% | +11.9% | +14.4% | +15.9% | +11.4% | +13.3% |
| Debt / equity | 2.06 | 1.74 | 1.43 | 1.15 | 1.09 | 1.34 | 1.47 |
| Long-term debt / equity | 1.42 | 1.15 | 0.93 | 0.75 | 0.72 | 0.93 | 1.02 |
| Interest cover | 53.61 | 57.95 | 42.90 | 35.66 | 29.48 | 40.14 | 138.85 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.95 | 0.96 | 1.04 | 1.02 | 0.90 | 0.75 | 0.69 |
| Inventory turnover | 11.30 | 10.18 | 10.60 | 11.37 | 12.17 | 11.72 | 9.82 |
| Debtors turnover | 17.43 | 18.40 | 20.32 | 20.74 | 19.59 | 15.08 | 10.94 |
| EPS (₹) | 72.98 | 54.45 | 84.71 | 103.69 | 114.68 | 65.41 | 67.06 |
| Dividend per share (₹) | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 9.00 | 4.00 |
| Book value per share (₹) | 1,530.48 | 1,440.78 | 1,342.18 | 1,195.82 | 1,149.77 | 995.15 | 860.82 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 11,795 | 11,774 | 10,432 | 9,610 | 9,223 | 8,926 | 8,120 | 7,623 |
| Revenue growth (YoY) | +27.9% | +31.9% | +28.5% | +26.1% | +33.8% | - | - | - |
| Other income | 144 | 119 | 106 | 1,419 | 144 | 227 | 102 | 1,294 |
| Total expenses | 10,845 | 11,316 | 10,000 | 9,244 | 8,839 | 8,819 | 7,850 | 7,348 |
| EBITDA | 950 | 459 | 432 | 366 | 385 | 107 | 271 | 275 |
| EBITDA margin | +8.1% | +3.9% | +4.1% | +3.8% | +4.2% | +1.2% | +3.3% | +3.6% |
| Depreciation | 527 | 571 | 539 | 502 | 478 | 501 | 421 | 406 |
| Interest | 269 | 246 | 239 | 203 | 206 | 201 | 181 | 161 |
| Profit before tax | 298 | (240) | (241) | 1,081 | (156) | (368) | (230) | 1,002 |
| Tax | 50.86 | (75.97) | (66.11) | 276 | (38.16) | (80.25) | (61.76) | 281 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 41,039 | 31,563 | 25,847 | 26,840 | 20,857 | 12,386 | 16,082 |
| Revenue growth | +30.0% | +22.1% | -3.7% | +28.7% | +68.4% | -23.0% | - |
| Other income | 1,788 | 1,715 | 1,257 | 1,018 | 1,251 | 608 | 588 |
| Total expenses | 39,398 | 30,586 | 24,247 | 23,748 | 17,710 | 10,903 | 14,264 |
| Employee cost | 2,997 | 2,653 | 2,145 | 2,023 | 1,774 | 1,391 | 1,560 |
| EBITDA | 1,641 | 977 | 1,600 | 3,092 | 3,147 | 1,483 | 1,817 |
| EBITDA margin | +4.0% | +3.1% | +6.2% | +11.5% | +15.1% | +12.0% | +11.3% |
| Depreciation | 2,090 | 1,676 | 1,215 | 1,097 | 914 | 828 | 814 |
| Interest | 895 | 684 | 440 | 368 | 247 | 236 | 238 |
| Profit before tax | 444 | 333 | 1,202 | 2,645 | 3,237 | 1,027 | 1,354 |
| Tax | 96.06 | 121 | 256 | 522 | 186 | 122 | 66.35 |
| Net profit | 422 | 318 | 1,313 | 2,070 | 2,979 | 828 | 1,518 |
| Net profit margin | +1.0% | +1.0% | +5.1% | +7.7% | +14.3% | +6.7% | +9.4% |
| EPS (₹) | 5.12 | 3.12 | 14.24 | 32.25 | 46.35 | 13.75 | 19.58 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 136 | 136 | 133 | 132 | 132 | 132 | 132 |
| Reserves & surplus | 55,141 | 54,262 | 51,982 | 46,823 | 48,484 | 42,816 | 37,560 |
| Shareholders' funds (net worth) | 55,277 | 54,398 | 52,115 | 46,955 | 48,616 | 42,948 | 37,692 |
| Secured loans | 0.00 | 0.00 | 17.77 | 269 | 135 | 233 | 751 |
| Unsecured loans | 12,490 | 11,863 | 9,711 | 5,082 | 4,249 | 3,990 | 4,407 |
| Total debt | 12,490 | 11,863 | 9,729 | 5,352 | 4,384 | 4,223 | 5,158 |
| Total liabilities | 68,143 | 66,531 | 61,957 | 52,388 | 53,129 | 47,672 | 42,996 |
| Assets | |||||||
| Gross block | 35,110 | 32,149 | 24,028 | 22,048 | 19,683 | 14,958 | 15,660 |
| Net block | 24,702 | 23,730 | 17,105 | 16,220 | 14,858 | 10,966 | 12,234 |
| Capital work in progress | 1,795 | 2,785 | 7,131 | 2,926 | 1,743 | 4,033 | 2,793 |
| Investments | 42,114 | 39,635 | 39,212 | 33,897 | 38,691 | 33,640 | 27,542 |
| Inventories | 5,732 | 6,051 | 5,215 | 4,493 | 3,941 | 2,179 | 2,657 |
| Sundry debtors | 3,212 | 2,554 | 1,974 | 1,597 | 1,690 | 1,312 | 2,927 |
| Cash & bank balances | 132 | 194 | 310 | 474 | 225 | 133 | 78.96 |
| Loans & advances | 2,482 | 2,158 | 2,181 | 1,100 | 902 | 680 | 875 |
| Total current assets | 11,558 | 10,958 | 9,680 | 7,664 | 6,759 | 4,304 | 6,539 |
| Total current liabilities | 10,218 | 9,150 | 9,884 | 8,254 | 7,665 | 5,294 | 5,178 |
| Net working capital | 1,340 | 1,807 | (204) | (590) | (907) | (990) | 1,361 |
| Total assets | 68,143 | 66,531 | 61,957 | 52,388 | 53,129 | 47,672 | 42,996 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 35.22 | 48.17 | 16.48 | 52.69 | 69.22 | 51.03 | 19.55 |
| Net cash from operating activities | 2,681 | (25.43) | 1,778 | 2,319 | 2,656 | 2,402 | 3,315 |
| Net cash from investing activities | (1,524) | (2,883) | (5,586) | (2,190) | (1,896) | (875) | (4,277) |
| Net cash from financing activities | (1,179) | 2,896 | 3,840 | (165) | (777) | (1,509) | 993 |
| Net change in cash | (22.36) | (12.95) | 31.69 | (36.21) | (16.53) | 18.19 | 31.48 |
| Closing cash | 132 | 194 | 310 | 474 | 225 | 133 | 78.96 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +30.0% | +22.1% | -3.7% | +28.7% | +68.4% | -23.0% | - |
| EBITDA growth | +67.9% | -38.9% | -48.2% | -1.8% | +112.2% | -18.4% | - |
| PBT growth | +33.6% | -72.3% | -54.6% | -18.3% | +215.1% | -24.1% | +3.3% |
| Net income growth | +32.7% | -75.8% | -36.6% | -30.5% | +259.7% | -45.4% | - |
| Revenue CAGR (3Y) | +15.2% | +14.8% | +27.8% | +18.6% | +0.5% | -7.8% | +15.8% |
| EBITDA CAGR (3Y) | -19.0% | -32.3% | +2.6% | +19.4% | +22.7% | -19.1% | -5.5% |
| Profitability & leverage | |||||||
| Net income margin | +0.9% | +0.7% | +3.7% | +7.9% | +14.6% | +7.3% | +8.0% |
| Return on capital employed | +2.1% | +1.8% | +3.8% | +5.7% | +6.1% | +2.4% | +4.2% |
| Return on net worth | +0.8% | +0.6% | +2.7% | +4.4% | +6.5% | +2.1% | +3.8% |
| Debt / equity | 0.22 | 0.20 | 0.15 | 0.10 | 0.09 | 0.12 | 0.11 |
| Long-term debt / equity | 0.18 | 0.16 | 0.12 | 0.08 | 0.07 | 0.07 | 0.05 |
| Interest cover | -199.38 | -97.85 | 114.28 | 18.43 | 11.07 | 36.01 | 23.70 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.22 | 1.12 | 1.12 | 1.29 | 1.20 | 0.81 | 1.09 |
| Inventory turnover | 6.97 | 5.60 | 5.33 | 6.36 | 6.82 | 5.12 | 5.75 |
| Debtors turnover | 14.23 | 13.94 | 14.47 | 16.33 | 13.89 | 5.84 | 5.01 |
| EPS (₹) | 5.12 | 3.12 | 14.24 | 32.25 | 46.35 | 13.75 | 19.58 |
| Dividend per share (₹) | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 9.00 | 4.00 |
| Book value per share (₹) | 812.24 | 799.32 | 784.86 | 713.11 | 738.45 | 652.60 | 572.95 |
To see the full year-wise statements and ratios of Grasim Industries Ltd, buy the company report.
Board of directors of Grasim Industries Ltd
Grasim Industries has 14 current directors and 30 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anita Ramachandran Also directs: Ultratech Cement Limited, Blue Star Limited, FSN E-Commerce Ventures Limited and 5 more | Director | 14 Aug 2018 | 8 Years 2 Months | Current |
| Venkatadri Chandrasekaran Also directs: Ultratech Cement Limited, Care Ratings Limited, Tata Investment Corporation Limited and 4 more | Director | 24 May 2021 | 5 Years 4 Months | Current |
| Adesh Kumar Gupta Also directs: Anand Rathi Wealth Limited, Krsnaa Diagnostics Limited, Krazybee Services Limited and 4 more | Director | 24 May 2021 | 5 Years 4 Months | Current |
| Kumar Mangalam Birla Also directs: Aditya Birla Real Estate Limited, Aditya Birla Fashion and Retail Limited, Ultratech Cement Limited and 5 more | Director | 14 Oct 1992 | 34 Years 0 Months | Current |
| Rajashree Birla Also directs: Aditya Birla Real Estate Limited, Ultratech Cement Limited, Hindalco Industries Limited and 5 more | Director | 14 Mar 1996 | 30 Years 7 Months | Current |
| Mohanraj Narendranathan Nair | Director | 12 Jul 2019 | 7 Years 3 Months | Current |
Showing 6 of 14 current directors. View all directors
Auditor
Grasim Industries Ltd is audited by B S R & Co. LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2024 | 101248W/W-100022 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 43.70%, foreign institutional investors hold 14.60%, domestic institutional investors hold 18.70% and retail and other public shareholders hold 23.00%.
Sep 2026
QUARTER
43.70% Promoters
18.70% DII (Domestic Institutional)
14.60% FII (Foreign Institutional)
23.00% Retail & Others
Promoter holding - history
Now 43.70% · Sep 2026High 43.70% · Jun 2026Low 43.10% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 43.70% | 43.70% | 43.20% | 43.10% |
| Public | 56.30% | 56.30% | 56.80% | 56.90% |
Charges & borrowings
Open charges
₹1,300 Cr
Satisfied charges
₹10,910 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 2018 | 100171891 | Others | ₹294.92 Cr | Satisfied | |
| 30 Dec 2016 | 100074384 | Others | ₹24 Cr | Satisfied | |
| 26 May 2015 | 10574479 | Hdfc Bank Limited | ₹10 Cr | Satisfied | |
| 26 May 2015 | 10574486 | Hdfc Bank Limited | ₹16.5 Cr | Satisfied | |
| 02 Dec 2014 | 10533443 | Hdfc Bank Limited | ₹36.39 Cr | Satisfied |
To see the full charge records of Grasim Industries Ltd, buy the company report.
Total charge records: 67 View all charges
Deals & funding
Grasim Industries Ltd has 48 deals on record (39 market trades, 5 debt financings, 2 rights issues), with disclosed funding of ₹6,500 Cr; the latest was in June 2024.
Total deals
48
Market trades
39
Debt financings
5
Rights issues
2
Acquisition
1
Disclosed funding
₹6,500 Cr
Deals on record (5 of 48)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2024 | Market trade | ₹376.55 Cr | Buyer: Bofa Securities Europe Sa Seller: Bofa Securities Europe Sa |
| Apr 2021 | Market trade | ₹78.6 Cr | Buyer: Samyaktva Construction LLP Seller: 2 individuals |
| Sep 2018 | Market trade | ₹123.21 Cr | Buyer: Pilani Investment And Industries Corporation Limited Seller: Manav Investment and Trading Company Ltd |
| Mar 2016 | Market trade | ₹105.84 Cr | Buyer: Camden Industries Limited Seller: Kesoram Industries Ltd |
| May 2015 | Acquisition | ₹11.39 Cr | Buyer: Future Consumer Limited Seller: Grasim Industries Ltd |
To see the full deal history of Grasim Industries Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Grasim Industries Ltd has 2,844 court cases on record: 1,802 filed by Grasim Industries, 1,045 filed against it. 916 cases are pending and 1,928 are disposed.
Total cases
2,844
Filed by the company
1,802
Filed against the company
1,045
Pending
916
Disposed
1,928
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1,434 | 364 | 655 |
| High courts | 1,264 | 617 | 242 |
| Supreme Court | 131 | 60 | 9 |
| NCLAT | 10 | 3 | 8 |
| NCLT | 5 | 1 | 2 |
Cases on record (5 of 2,844)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Ultratech Cement Limited | Pending |
| District court, Ujjain, Madhya Pradesh | Court case (MJC SUC) | Filed against the company by Vishal | Pending |
| Bombay High Court | Court case (COMIP) | Filed against the company by Ultratech Cement Limited | Pending |
| Bombay High Court | Court case (LPETN) | Filed against the company by Ultratech Cement Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Ramalingam Construction Company Pvt Ltd | Pending |
To see the full case history of Grasim Industries Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Grasim Industries Ltd was last rated by Care on 05 Dec 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 05 Dec 2022 |
To see the full credit ratings and regulatory alerts of Grasim Industries Ltd, buy the company report.
MSME payment delays
Grasim Industries Ltd has 31 MSME Form 1 returns on record between 2018 and 2024, listing 1,240 overdue payments to 496 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 496)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Soor Neogi Coomar & Co Private Limited | |||
| an individual supplier | |||
| Vaalve Bathware India Limited | |||
| Farmland Rain Water Harvesting Syst | |||
| an individual supplier |
To see the full MSME payment records of Grasim Industries Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Grasim Industries has 7 subsidiary companies, 2 joint ventures, and 2 associated companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
7
Subsidiary companies
2
Joint ventures
2
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Ultratech Cement Limited | L26940MH2000PLC128420 | |
| Aditya Birla Capital Limited | L67120GJ2007PLC058890 | |
| Aditya Birla Power Composites Limited | U31900GJ2019PLC110313 | |
| Aditya Birla Renewables Limited | U40300MH2015PLC267263 | |
| Samruddhi Swastik Trading and Investments Limited | U67120MP1994PLC008447 | |
| Abnl Investment Limited | U67910GJ1994PLC022685 |
To see the full group structure of Grasim Industries Ltd, buy the company report.
Employees & EPFO
Grasim Industries Ltd has a workforce of 23,055 employees on its EPFO records as of Mar 08, 2025, across 26 active EPFO establishments.
Employee count
23,055
Active EPFO establishments
26
Employee growth
9.07%
GST
Grasim Industries has 164 GST registrations: 103 active and 61 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
164
Active
103
Cancelled / inactive
61
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAACG4464B1Z6 | Madhya Pradesh | Active | 01 Jul 2017 |
| 23AAACG4464B5Z2 | Madhya Pradesh | Active | 01 Jul 2017 |
| 23AAACG4464B7Z0 | Madhya Pradesh | Active | 01 Jul 2017 |
| 23AAACG4464B9ZY | Madhya Pradesh | Active | 27 Jul 2018 |
To see the full GST registrations and return filing status of Grasim Industries Ltd, buy the company report.
Recent activity
Grasim Industries Ltd has 70 board changes on record since 1983: 43 appointments and 27 cessations. The latest: Neelabja Chakrabarty was appointed as Company Secretary on 06 Oct 2025.
Filing
Grasim Industries Ltd has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Gwalior.
Appointed
Neelabja Chakrabarty was appointed as Company Secretary.
AGM
Grasim Industries Ltd last Annual general meeting of members was held on 26 Aug 2025 as per latest MCA records.
Appointed
Hemant Kumar Kadel was appointed as CFO.
Ceased
Pavan Kumar Jain ceased to be CFO.
Ceased
Sailesh Kumar Daga ceased to be Company Secretary.
Appointed
Himanshu Kapania was appointed as Managing Director.
Ceased
Harikrishna Agarwal ceased to be Managing Director.
Charges
A charge registered on 17 Sep 1997 via Charge ID 80024325 with State Bank Of India was fully satisfied on 21 Mar 2025.
Appointed
Haigreve Khaitan was appointed as Director.
Appointed
Mukkavilli Jagannath was appointed as Director.
Appointed
Ashvin Dhirajlal Parekh was appointed as Director.
240 earlier events are in the company report.
News
Grasim Industries: Bombay HC Rejects Tax Dept Notice To Reassess Co's Income
Grasim Industries Limited: Starts Commercial Production At Epichlorohydrin Plant In Vilayat, Gujarat; New Plant Has Capacity Of 50,000 TPA, Important Step In Growth Plans.
Grasim Industries: Temporarily Shuts Down Pulp Operations At Canadian Facility Due To Market And Economic Conditions.
From our blog
Frequently asked questions
Grasim Industries is an active public limited company based in Ujjain, Madhya Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 25 August 1947 (79+ years old) and is registered under CIN L17124MP1947PLC000410. Listed on BSE: 500300 and NSE: GRASIM.
Grasim Industries reported revenue of ₹1,75,431 Cr for FY 2025-26 (up 18.2% YoY) based on consolidated financials.
Grasim Industries has 14 current directors:
- Himanshu Kapania - Managing Director
- Anita Ramachandran - Director
- Venkatadri Chandrasekaran - Director
- Adesh Kumar Gupta - Director
- Kumar Mangalam Birla - Director
- Rajashree Birla - Director
- Mohanraj Narendranathan Nair - Director
- Aryaman Vikram Birla - Director
- Ananyashree Birla - Director
- Yazdi Dandiwala - Director
- Haigreve Khaitan - Director
- Ashvin Dhirajlal Parekh - Director
- Mukkavilli Jagannath - Director
- Sushil Agarwal - Director
The latest financial statements of Grasim Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 26 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Grasim Industries is 23AAACG4464B1Z6, registered in Madhya Pradesh. The company has 164 GST registrations in all, of which 103 are active and 61 are cancelled or inactive. Other active GSTINs include 23AAACG4464B5Z2 (Madhya Pradesh), 23AAACG4464B7Z0 (Madhya Pradesh), 23AAACG4464B9ZY (Madhya Pradesh).
The CIN (Corporate Identification Number) of Grasim Industries is L17124MP1947PLC000410. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Grasim Industries is listed on both BSE (code: 500300) and NSE (symbol: GRASIM).
Grasim Industries has 2,844 court cases on record: 1,802 filed by the company and 1,045 filed against it. 916 are pending. Most are in the district courts.
Grasim Industries was incorporated on 25 August 1947, making it 79+ years old. It is registered with the Registrar of Companies, Gwalior.
Grasim Industries has 48 deals on record (39 market trades, 5 debt financings, 2 rights issues), with disclosed funding of ₹6,500 Cr; the latest was in June 2024.
Neelabja Chakrabarty was appointed as Company Secretary on 06 Oct 2025. Hemant Kumar Kadel was appointed as CFO on 20 Aug 2025. Pavan Kumar Jain ceased to be CFO on 15 Aug 2025. Grasim Industries has 70 board changes on record in total.