Loading live market data…
Loading live market data…
Every ratio from the Fundamental Analysis track, computed on a real company and annotated with what the number actually means. Then the three financial statements, so you can do the cash-flow check yourself.
Grasim Industries Limited, together with its subsidiaries, primarily produces cellulosic fibres, diversified chemicals, fashion yarns, and fabrics in india and internationally. The company operates through Cellulosic Fibres, Chemicals, Building Materials, Financial Services, and Others segments. It offers cellulosic staple fibre; and cellulosic fashion yarn; chlor-alkali comprising caustic soda; chlorine derivatives; and specialty chemicals, such as epoxy polymers and curing agents. The company also provides grey cement, white cement-based putty, and ready-mix concrete; and decorative paints, including exterior and interior emulsions, waterproofing, textures and designer finishes, enamels, colorants, wallpapers, stainers and non-mechanized tools, and wood finishes under the Birla opus brand name. In addition, it operates Birla Pivot, a business-to-business e-commerce platform for building and construction materials; and offers non-banking financial services, housing finance, equity broking, wealth management, asset management and reconstruction, and health and life insurance services. Further, the company provides textile products, such as linen fabrics, wool tops and worsted yarn, and cotton fabrics under Linen Club, Cavallo, Soktas, and Giza House brands; and manufactures and sells ceramic and composite insulators for transmission and distribution lines, sub-stations, equipment, and railway industries, as well as engages in generating clean energy using solar, wind, hybrid, floating solar systems, and battery storage solutions. The company was incorporated in 1947 and is based in Mumbai, India.
How the price compares to earnings, assets and cash generation.
You are paying 35.3 years of current profit for each share. The earnings yield is 2.8%. The tracked Cement & Infra median is 36.3× (n=6), so this trades cheaper than its peers.
The market values the company at 1.9× its accounting net worth. High is normal for asset-light businesses and unusual for banks.
This is the only common multiple that accounts for debt — it is what an actual acquirer would look at, because they would inherit the borrowings.
Pays 0.33% of the current price out each year. Remember that yield rises when price falls — check the dividend is covered by cash flow.
Based on the next-year earnings estimate — 19.6× against 35.3× trailing. A forward P/E well below trailing is pricing in an earnings jump; treat the forecast with caution.
You pay 1.1× annual sales. Useful when earnings are depressed or negative and P/E breaks down — but a high multiple needs high margins to justify it.
Returns on capital and margins, the numerical shadow of a moat.
Not available.
Not available.
Keeps ₹18.8 of operating profit from every ₹100 of sales. Compare only against companies in the same industry.
A thin net margin. A modest rise in input costs or interest rates could erase it entirely.
Keeps ₹56.4 of gross profit per ₹100 of sales, before operating costs. A high, stable gross margin is the clearest single sign of pricing power.
Leverage and liquidity. This is where fragility shows up first.
A conservative balance sheet that can absorb a downturn without a crisis.
Not available.
Not available.
Against cash of ₹22970.58 Cr. Net debt is what matters, not gross borrowings.
Not available.
Revenue and earnings momentum, and how the two compare.
Ask where the growth came from: more volume, higher prices, or an acquisition. They are very different in quality.
Profits are growing faster than sales — margins are expanding, which is the sign of genuine operating leverage.
EBITDA of ₹37870.83 Cr and operating cash flow of —.
Not available.
The figures quoted per share, and how much profit is handed back to owners.
₹83.90 of profit earned per share over the last twelve months. Price divided by this is the trailing P/E.
The accounting net worth behind each share is ₹1525.54; price-to-book compares the market price with this.
Pays out 12% of profit as dividends and retains the rest. Above roughly 85% leaves little to reinvest and is hard to sustain through a weak year.
Market cap plus net debt — closer to what an acquirer actually pays. Against a market cap of ₹2,00,909 Cr.
Nine yes/no tests of profitability, funding and efficiency across the last two years; higher is stronger. A test is dropped only where the data is missing, so the score is out of 9.
NOPAT ÷ invested capital. What the business earns on all its capital, debt and equity — harder to flatter with leverage than ROE.
A company creates value only when ROIC clears its cost of capital (WACC) — judge this figure against the company’s cost of capital, and watch the trend across years.
Five weighted ratios in one bankruptcy early-warning number. Read the zone and, over time, the trend.
In the distress zone — a red flag worth pairing with the debt schedule and cash-flow statement.
Reported figures, most recent year first. All values in rupees.
| FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Revenue | ₹1,73,925 Cr | ₹1,47,178 Cr | ₹1,29,579 Cr | ₹1,16,467 Cr |
| Cost of revenue | ₹1,01,619 Cr | ₹86113.66 Cr | ₹74028.36 Cr | ₹67295.06 Cr |
| Gross profit | ₹72305.36 Cr | ₹61064.61 Cr | ₹55550.64 Cr | ₹49171.59 Cr |
| Operating expenses | ₹55367.58 Cr | ₹48987.67 Cr | ₹41032.87 Cr | ₹36912.03 Cr |
| Operating income | ₹16937.78 Cr | ₹12076.94 Cr | ₹14517.77 Cr | ₹12259.56 Cr |
| Interest expense | ₹3434.48 Cr | ₹2771.79 Cr | ₹1643.52 Cr | ₹1252.26 Cr |
| Pre-tax income | ₹14472.75 Cr | ₹10825.06 Cr | ₹13699.81 Cr | ₹14726.71 Cr |
| Tax | ₹4172.46 Cr | ₹3068.73 Cr | ₹3774.16 Cr | ₹3648.51 Cr |
| Net profit | ₹4966.48 Cr | ₹3705.68 Cr | ₹5624.49 Cr | ₹6827.26 Cr |