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Non-Energy Minerals

Grasim Industries Ltd.

  • 982.00 INR
  • -17.05
  • -1.71%
  • India
    Aug 16, 2018
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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.

Business Summary

Grasim Industries Ltd. engages in the production of chemicals and cement. It operates through the following segments: Fibre and Pulp, Chemicals, Cement, and Others. The Fibre and Pulp segment includes viscose staple fibre and wood pulp. The Chemicals segment produces caustic soda, allied chemicals, and epoxy. The Cement segment consists of grey cement, white cement, and allied products, The Others segment offers textiles. The company was founded on August 25, 1947 and is headquartered in Nagda, India.

Financial Highlights

Mar 2018 INRUSD
Gross Profit248,097.30M3,848.49M
Operating income98,232.10M1,523.78M
Income before tax56,373.10M874.46M
Net income26,785.80M415.50M
Diluted EPS44.170.68
Dividends Per Share----
Total Assets2,078.67B31,870.86M
Total liabilities1,241.68B19,037.90M
Total equity573,618.50M8,794.90M
Operating cash flow----
Currency in INRCurrency in USD

Historical Data

 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 290,996.10M 325,167M 343,650.50M 359,343.50M 561,980.30M
Gross Profit 100,096.10M 109,737.60M 130,074.20M 140,382.60M 248,097.30M
Operating income 32,325.20M 33,023.80M 46,318.30M 55,830.10M 98,232.10M
Income before tax 35,862.20M 34,433.50M 44,863.20M 58,229.20M 56,373.10M
Net income 20,715.40M 17,438M 24,681.40M 31,673M 26,785.80M
EBITDA 46,900M 48,353.90M 64,047.70M 73,499.50M 125,475.70M
Diluted EPS 45.10 37.92 52.83 67.77 44.17
Dividends Per Share 4.20 3.60 4.50 5.50 --
Total Assets 480,042.70M 544,933.60M 614,114.10M 644,320.80M 2,078.67B
Total liabilities 194,540.30M 236,718.20M 252,532.80M 233,337M 1,241.68B
Total equity 216,142.20M 231,395.70M 273,195.30M 312,770.20M 573,618.50M
Operating cash flow 30,544M 39,937.40M 52,407M 67,914.20M --
 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 4,815.08M 5,318.09M 5,248.90M 5,358.77M 8,717.46M
Gross Profit 1,656.28M 1,794.75M 1,986.75M 2,093.47M 3,848.49M
Operating income 534.88M 540.10M 707.46M 832.57M 1,523.78M
Income before tax 593.40M 563.15M 685.23M 868.35M 874.46M
Net income 342.77M 285.19M 376.98M 472.32M 415.50M
EBITDA 776.05M 790.82M 978.26M 1,096.07M 1,946.38M
Diluted EPS 0.74 0.62 0.80 1.01 0.68
Dividends Per Share 0.06 0.05 0.06 0.08 --
Total Assets 8,037.88M 8,707.61M 9,273.49M 9,922.55M 31,870.86M
Total liabilities 3,257.40M 3,782.57M 3,813.39M 3,593.39M 19,037.90M
Total equity 3,619.10M 3,697.52M 4,125.41M 4,816.66M 8,794.90M
Operating cash flow 505.40M 653.17M 800.46M 1,012.78M --

Valuation Measures

Mar 2018
Operating margin17.47%
Profit margin4.76%

Key executives

  • Managing Director & Director: Dilip Roopsingh Gaur
  • President, Secretary & Compliance Officer: Hutokshi R. Wadia
  • Group Chief Financial Officer & Director: Sushil Kumar Agarwal
  • Chief Technology Officer-Fibre & Pulp Business: Aspi Patel
  • Chief Executive Officer-Textile Business: Thomas Varghese


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Contact Details

Related Companies

  • Vikram Cement Pvt Ltd.
  • Grasim Industries Ltd. XXXVIII
  • Aditya Birla Capital Ltd.
  • Samruddhi Swastik Trading & Investments Ltd.
  • Vikram Sponge Iron Ltd.
  • Aditya Birla Money Limited
  • Grasim Industries Ltd. Spice 638
  • Harish Cement Ltd.
  • Aditya Birla Chemicals (India) Limited
  • UltraTech Cement Limited
  • Aditya Birla Nuvo Limited


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Last Updated on 16 Aug, 2018

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