Asia300

Grasim Industries Ltd.

India

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Mar 24, 2017
Prev close: 1,060.5
Mar 24, 2017
Market cap:
Market cap(USD):
495,051.15M
7,568.28M
Shares: 466.80M

Currency in INR

Company profile

Market(Ticker): BOM(500300)
Sector:
Industry:
Non-Energy Minerals
Construction Materials
Full time employees: 16,951

Business summary

Grasim Industries Ltd. manufactures viscose staple fibre, cement, chemicals, and textiles. It operates through the following segments: Fibre & Pulp, Chemicals and Others. The Fibre and Pulp segment includes viscose staple fibre and rayon grade pulp. The Chemicals segment produces caustic soda, epoxy and other allied chemicals. The Others segment manufactures textiles such as fabrics and synthetic yarns. The company was founded on August 25, 1947 and is headquartered in Nagda, India.

Company background

Grasim Industries is a core unit of Aditya Birla Group, which is part of one of India's three largest conglomerates -- Birla Group. Founded in 1948, Grasim is a major player in the textile and cement businesses.
Birla's history goes back further; it started out as Marwari, a group of leading merchants in the northern state of Rajasthan. Ghanshyam Das Birla built the foundation between World War I and World War II. His family had close ties to Mohandas Gandhi, also known as Mahatma Gandhi; the pacifist leader was assassinated at the family's house in Delhi.
The group was divided after Ghanshyam Das Birla's death. Aditya Birla, which took over much of the group's operations, is led by Kumar Mangalam Birla, a great-grandson of Ghanshyam Das Birla.
Grasim Industries is now the world's largest producer of viscose staple fiber, a material for clothing. It is also a major producer of caustic soda. It went into the cement business in 1985 and presides over Ultra Tech Cement.
The founding family and group companies own more than 20% of the business.

In the news

Financial highlights

Mar 2016

  • Local currency
  • US Dollar
Revenue 363,535.6M
Gross profit 136,807.8M
Operating income 45,907.2M
Income before tax 43,353.4M
Net income 23,591.5M
EBITDA 65,016.8M
Diluted EPS 50.50
Dividends per share 4.5
Total assets 600,521.6M
Total liabilities 257,370.1M
Total equity 258,305M
Operating cash flow 54,194.2M

Currency in INR

Revenue 5,552.63M
Gross profit 2,089.59M
Operating income 701.18M
Income before tax 662.17M
Net income 360.33M
EBITDA 993.06M
Diluted EPS 0.77
Dividends per share 0.06
Total assets 9,068.24M
Total liabilities 3,886.44M
Total equity 3,900.56M
Operating cash flow 827.76M

Currency in USD

Valuation measures

Mar 2016

PER 15.19
ROA 4.11%
ROE 9.63%
Operating margin 12.62%
Profit margin 6.48%

Key executive

  • Managing Director & Director: Dilip Roopsingh Gaur
  • CFO & Additional Whole Time Director: Sushil Kumar Agarwal
  • Secretary & Compliance Officer: Hutkoshi R. Wadia
  • Chief Executive Officer-Textile Business: Thomas Varghese
  • Chief Financial Officer-Cement Business: K. C. Birla

Share holders

  • Aditya Birla Group(15.1%)
  • Life Insurance Corp. of India(7.2%)
  • Aberdeen Asset Management (Asia) Ltd.(5.7%)
  • Capital Research & Management Co. (World Investors)(5.0%)
  • Pilani Investment & Industries Corp. Ltd.(4.6%)
  • Aberdeen Asset Managers Ltd.(3.9%)
  • Hindalco Industries Ltd.(2.4%)
  • ICICI Prudential Life Insurance Co. Ltd. (Invt Port)(2.0%)
  • Capital Research & Management Co. (Global Investors)(1.8%)
  • Umang Commercial Co. Ltd.(1.7%)

Address

  • Website: http://www.grasim.com
  • Address: Birlagram, Nagda, 456331, India
  • Phone: +91.7366.246760

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