| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 48,716 | 40,118 | +21.4% |
| EBITDA | 7,772 | 6,088 | +27.7% |
| EBITDA margin | 16.0% | 15.2% | +0.8 pts |
| Profit before tax | 5,157 | 3,765 | +37.0% |
| Net profit | 3,846 | 2,767 | +39.0% |
| EPS | ₹31.64 | ₹20.91 | +51.3% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 1,97,360 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 20,541 | 20,541 | 22,023 | 20,664 | 17,119 | ||
| 66,395 | 66,395 | 60,304 | 50,286 | 44,171 | ||
| 2,24,948 | 2,24,948 | 1,83,649 | 1,35,102 | 1,01,348 | ||
| 4,68,162 | — | — | — | — | ||
| 1,84,029 | 1,75,431 | 1,48,478 | 1,30,978 | 1,17,627 | ||
| — | +18.2% | +13.4% | +11.4% | — | ||
| 26,377 | 24,692 | 18,564 | 19,572 | 16,866 | ||
| 14.3% | 14.1% | 12.5% | 14.9% | 14.3% | ||
| 18,473 | 16,966 | 12,110 | 14,571 | 12,314 | ||
| 11,380 | 10,300 | 7,756 | 9,926 | 11,078 | ||
| 6.2% | 5.9% | 5.2% | 7.6% | 9.4% | ||
| ₹83.66 | ₹72.98 | ₹54.45 | ₹82.65 | ₹100.32 | ||
| — | +34.0% | −34.1% | −17.6% | — | ||
| — | −17,810 | −17,170 | −10,719 | −12,685 | ||
| — | −15,626 | −17,181 | −19,485 | −12,036 | ||
| −33,436 | −33,436 | −34,351 | −30,204 | −24,721 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 1,97,359.5 | |
| - Cash, Equiv & ST Investments | 17,118.9 | 20,664.3 | 22,022.6 | 20,540.6 | 20,540.6 | |
| + Minority Interest | 44,170.8 | 50,286.0 | 60,303.6 | 66,395.3 | 66,395.3 | |
| + Total Debt | 1,01,347.9 | 1,35,102.2 | 1,83,648.7 | 2,24,947.8 | 2,24,947.8 | |
| Enterprise Value | — | — | — | — | 4,68,162.0 | |
| Revenue | 1,17,627.1 | 1,30,978.5 | 1,48,477.9 | 1,75,430.7 | 1,84,028.9 | |
| Growth %, YoY | — | +11.4 | +13.4 | +18.2 | — | |
| EBITDA | 16,865.6 | 19,572.4 | 18,564.1 | 24,692.0 | 26,376.5 | |
| Margin % | 14.34 | 14.94 | 12.50 | 14.08 | 14.33 | |
| EBIT | 12,314.0 | 14,571.1 | 12,110.4 | 16,966.0 | 18,472.6 | |
| Net Income | 11,078.2 | 9,925.7 | 7,756.3 | 10,300.3 | 11,379.5 | |
| Margin % | 9.42 | 7.58 | 5.22 | 5.87 | 6.18 | |
| EPS, Adj (current shares) | 100.32 | 82.65 | 54.45 | 72.98 | 83.66 | |
| Growth %, YoY | — | -17.6 | -34.1 | +34.0 | — | |
| Cash from Operations | -12,685.1 | -10,719.3 | -17,169.7 | -17,809.6 | — | |
| Capital Expenditures | -12,036.2 | -19,485.0 | -17,181.3 | -15,626.3 | — | |
| Free Cash Flow | -24,721.3 | -30,204.4 | -34,351.0 | -33,435.9 | -33,435.9 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Grasim Industries (NSE: GRASIM) had a market capitalisation of ₹1,99,592 crore at the 29 October 2026 close (₹2,932.80 a share), a PE ratio of 35.1 on the last four quarters' profit and a price-to-book ratio of 1.93. In FY26 its consolidated net profit attributable to shareholders was ₹4,966 crore on revenue of ₹1,75,431 crore; in Q1 FY27 (April–June 2026) it was ₹2,146 crore, up 51.3% year on year. Its debt-to-equity ratio was 1.32 on 31 March 2026. Promoters held 45.20% of the shares on 30 September 2026.
Grasim Industries' PE ratio is 35.1 at the 29 October 2026 close (₹2,932.80 a share): a market capitalisation of ₹1,99,592 crore divided by consolidated net profit attributable to shareholders of ₹5,694 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit attributable to shareholders (₹4,966 crore) it is 40.2.
Grasim Industries' price-to-book (PB) ratio is 1.93 at the 29 October 2026 close: a market capitalisation of ₹1,99,592 crore divided by shareholders' equity (book value) of ₹1,03,470 crore on 31 March 2026. That is a book value of ₹1,520.39 per share against a share price of ₹2,932.80.
In FY26, Grasim Industries' return on equity (ROE) was 4.9% and its return on capital employed (ROCE) was 4.0%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 4.0% and ROCE 3.4%.
Grasim Industries' market capitalisation was ₹1,99,592 crore (₹2.00 lakh crore) at the 29 October 2026 close: 68.06 crore shares at ₹2,932.80 each.
Grasim Industries' basic earnings per share (EPS) were ₹73.21 in FY26, against ₹55.57 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹83.95.
In 2026, Grasim Industries has declared one dividend: ₹10 with record date 7 August 2026.
No. Grasim Industries had borrowings of ₹2,24,948 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 1.32. Its cash and current investments were ₹23,931 crore, so its net debt was ₹2,01,017 crore.
Grasim Industries' debt-to-equity ratio was 1.32 on 31 March 2026: borrowings of ₹2,24,948 crore against total equity of ₹1,69,865 crore. A year earlier, on 31 March 2025, it was 1.16.
Grasim Industries' dividend yield is 0.34% at the 29 October 2026 close: dividends of ₹10 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹2,932.80. They were ₹10 on 7 August 2026.
Grasim Industries' net worth — shareholders' equity in its consolidated balance sheet — was ₹1,03,470 crore (₹1.03 lakh crore) on 31 March 2026, up 6.1% from ₹97,509 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹1,99,592 crore at the 29 October 2026 close.
Grasim Industries' book value per share was ₹1,520.39 on 31 March 2026: shareholders' equity of ₹1,03,470 crore divided by the 68.06 crore shares in issue, up 6.1% from ₹1,432.80 a year earlier. The share price at the 29 October 2026 close was ₹2,932.80.
Promoters held 45.20% of Grasim Industries on 30 September 2026, up 1.46 percentage points from 43.74% the previous quarter and up 2.09 percentage points from 43.11% a year earlier, according to the shareholding pattern filed with NSE.
On 30 September 2026, Grasim Industries' shares were held by promoters 45.20%, foreign portfolio investors (FII/FPI) 17.09%, domestic institutions (DII) 15.25% (including mutual funds at 5.50%) and retail and other non-institutional investors 22.13%. Over the year, FII holding was up 0.53 percentage points from 16.56% and DII holding was down 2.03 percentage points from 17.28%.
Grasim Industries' latest results are for Q1 FY27 (April–June 2026), filed on 12 August 2026: consolidated net profit attributable to shareholders ₹2,146 crore, up 51.3% from ₹1,419 crore in Q1 FY26; revenue from operations ₹48,716 crore, up 21.4% year on year.
In FY26 (April 2025–March 2026), Grasim Industries' consolidated net profit attributable to shareholders was ₹4,966 crore, up 34.0% from ₹3,706 crore in FY25, on revenue from operations of ₹1,75,431 crore (up 18.2%). Over three years, from FY23, net profit was down 27.3%.
In FY26, Grasim Industries generated ₹17,810 crore of cash from operations and spent ₹15,626 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹33,436 crore. In FY25 it was −₹34,351 crore.
Grasim Industries has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.
In FY26, Grasim Industries earned net profit attributable to shareholders of ₹4,966 crore on revenue of ₹1,75,431 crore, against ₹8,166 crore on ₹88,512 crore for UltraTech Cement. Grasim Industries' operating margin was 9.7% (UltraTech Cement 14.0%) and its return on equity 4.9% (UltraTech Cement 11.1%). At the 29 October 2026 close, Grasim Industries' market capitalisation was ₹1,99,592 crore against ₹3,29,305 crore for UltraTech Cement, and its PE ratio on FY26 profit 40.2 against 40.3.
On FY26 consolidated figures, against UltraTech Cement, Asian Paints and Tata Chemicals: Grasim Industries' operating margin of 9.7% is the third highest of the four (UltraTech Cement 14.0%, Asian Paints 15.4%, Tata Chemicals 4.1%; peer average 11.2%); its return on equity of 4.9% is the third highest of the four (UltraTech Cement 11.1%, Asian Paints 21.2%, Tata Chemicals −8.9%; peer average 7.8%); its revenue growth over three years of 14.3% a year is the highest of the four (UltraTech Cement 11.9% a year, Asian Paints 1.1% a year, Tata Chemicals −4.6% a year; peer average 2.8% a year).
From Grasim Industries' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.