Grasim Industries Ltd.
NSE: GRASIMGrasim Industries Ltd.: A 30-second snapshot
Grasim Industries trades at Rs 3,322.20, up 21.9% over the past year and within 2.6% of its 52-week high, above both its 50-day (Rs 3,138.91) and 200-day (Rs 2,888.00) moving averages with RSI at 62 (neutral). ROE stands at 6.29%, net profit margin at 2.83%, and trailing PE at 45.50x (forward PE 22.61x), against zero tracked years of positive free cash flow and a rising debt trend, with debt-to-equity at 1.35x. Mean analyst rating is 1.3 across 10 analysts (1-5 scale, lower = more constructive), and news flow over the tracked period was majority positive (4 of 8 headlines).
P/E
45.5
Forward P/E
22.6
ROE
+6.3%
Debt / Equity
135.04
Profit Margin
+2.8%
Div. Yield
+0.3%
5Y ROE > 15%
0/5
5Y FCF > 0
0/5
Quality
43/100
News
8 headlines · 4 positive · 1 negative
Grasim Industries Board To Announce Q1 Earnings: Date, What To Watch, Share Price - NDTV Profit
NDTV Profit
Grasim invested ₹74,000 crore in capex over five years, says Kumar Mangalam Birla - BusinessLine
BusinessLine
Grasim shares fall after Citi says renewable energy acquisition may weigh on stock - CNBC TV18
CNBC TV18
Grasim's Rs 17,200 Crore Renewable Bet Gets Morgan Stanley, Citi's Backing, With 20% Upside Seen - NDTV Profit
NDTV Profit
Grasim Subsidiary to Acquire 100% of Solenergi Power for ₹17,200 Crore in Major Renewables Push - Sahi
Sahi
Recent context
- ·A Grasim subsidiary agreed to acquire 100% of Solenergi Power (Sprng Energy) for approximately Rs 17,200 crore, reported around July 13-14, 2026.
- ·Coverage of the deal diverged on the same day: one report said Citi flagged the acquisition as a potential drag on the stock, while another referenced Morgan Stanley and Citi backing for the transaction.
- ·Chairman Kumar Mangalam Birla noted approximately Rs 74,000 crore invested in capex over the past five years (BusinessLine, July 20, 2026), and Q1 earnings were flagged as upcoming (NDTV Profit, July 29, 2026).
Strengths
- +Price up 21.9% over 1 year and 13.59% over 3 months, trading above both the 50-day and 200-day moving averages and within 2.6% of the 52-week high.
- +5-year earnings growth of 60.8% alongside 5-year revenue growth of 10.5%.
- +Mean analyst rating of 1.3 across 10 analysts on a 1-5 scale (lower = more constructive).
- +News sentiment over the tracked period was majority positive (4 of 8 headlines), including coverage of a ~Rs 17,200 crore renewable-energy acquisition (Solenergi Power) and Rs 74,000 crore of capex deployed over the past five years per management commentary.
Weaknesses
- −Free cash flow has not been positive in any tracked year, the persistence consistency score is 0, and the debt trend is recorded as rising, with debt-to-equity at 1.35x.
- −ROE of 6.29% has not exceeded 15% in any tracked year, and net profit margin is 2.83%.
- −Trailing PE of 45.50x is the 2nd-highest among 6 tracked Cement-sector peers, with a quality score of 25 ranking 4th of 6.
- −1 of 8 tracked headlines was negative, with one report citing Citi's caution that the recent renewable-energy acquisition may weigh on the stock, alongside other same-day coverage describing backing for the deal — a mixed read on a single capital-allocation event.
Open questions
- ?Does the record of zero tracked years with positive free cash flow reflect the capital intensity of ongoing capex (Rs 74,000 crore over 5 years) or a structural profitability gap?
- ?How does the 45.50x trailing PE relative to a 6.29% ROE compare with what the 22.61x forward PE implies about expected earnings acceleration?
- ?What return profile does the ~Rs 17,200 crore renewable-energy acquisition target, and how might it interact with an already-rising debt trend?
- ?How does Grasim's mix of cement and non-cement businesses affect the relevance of comparing its margin and ROE directly against pure-play cement peers like UltraTech or Shree Cement?
Peer comparison: Cement
Ranks 4 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| GRASIM | Grasim Industries Ltd.You're viewing | 45.5 | +6.3% | 25 |
| Industry avg | across 5 peers | 34.2 | — | 30 |
| ULTRACEMCO | UltraTech Cement Ltd. | 40.6 | — | 43 |
| SHREECEM | Shree Cement Ltd. | 56.5 | — | 39 |
| DALBHARAT | Dalmia Bharat Ltd. | 36.8 | — | 30 |
| ACC | ACC Ltd. | 13.2 | — | 21 |
| AMBUJACEM | Ambuja Cements Ltd. | 23.8 | — | 19 |
Technical state
Current price
₹3,322.20
SMA 50
₹3,138.91
SMA 200
₹2,888.00
RSI (14)
62.0 (neutral)
From 52w high
-2.6%
1Y return
+21.9%
3M return
+13.6%
50-DMA
Above
200-DMA
Above
Algorithmic support levels
Risk flags
- highFree cash flow has not been positive in any tracked year, the persistence consistency score is 0, and the debt trend is recorded as rising; debt-to-equity is 1.35x (Yahoo field reports 135.044, which is percent-scaled) — together these show no track record of stable cash generation alongside increasing leverage.
- mediumTrailing PE of 45.50x (forward PE 22.61x) is the 2nd-highest among 6 tracked Cement-sector peers, while ROE of 6.29% and net profit margin of 2.83% are both low in absolute terms; quality score of 25 ranks 4th of 6 peers and PE rank places it 5th of 6 (i.e., 2nd most expensive).
- low1 of 8 tracked headlines was negative — reporting that Citi flagged the ~Rs 17,200 crore renewable-energy acquisition (Solenergi Power) as a potential drag on the stock — while other same-day coverage referenced Morgan Stanley and Citi backing for the same deal, producing a mixed read around a single capital-allocation event.
- lowROE and 1-year price-change figures are null for all 5 listed Cement-sector peers, so peer ranking could only be computed on PE and quality score, not on ROE or price performance.
Cross-section contradictions
- Mean analyst rating of 1.3 across 10 analysts (1-5 scale, lower = more constructive) sits toward the constructive end of the scale even though the same dataset records zero FCF-positive years, a consistency score of 0, and ROE that has not exceeded 15% in any tracked year.
- The stock trades 2.61% below its 52-week high, above both the 50-day (Rs 3,138.91) and 200-day (Rs 2,888.00) moving averages, up 21.9% over 1 year and 13.59% over 3 months, while persistence data over the same tracked history shows no FCF-positive year and a rising debt trend.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 11 Aug 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 12 Aug 2026 · rotates through NIFTY 500 every ~5 days