Grasim Industries share price today

Grasim Industries Ltd's share price was ₹3,138.00 at the close on 4 November 2026. It has been rising for 23 weeks. That is 4.4% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹2,564 and ₹3,323, and at that close it sat 76% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Grasim Industries Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 3 weeks in a row.

Over the last 11 years the share price moved +493% while the NIFTY 500 moved +257%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: revenue up on a year earlier for 11 quarters in a row (every quarter we can compare), indian funds and insurers (DIIs) cut their stake for 6 quarters in a row and best operating margin in 15 quarters.

1. Revenue up on a year earlier for 11 quarters in a row (every quarter we can compare)

   In the June 2026 quarter revenue was ₹48,716 crore, +21.4% on a year earlier.

   Why: Revenue rose because cement sales volume grew and paints and Birla Pivot sold more.

   From the earnings call on 12 Aug 2026.

2. Indian funds and insurers (DIIs) cut their stake for 6 quarters in a row

   From 18.2% to 15.3% of the company by the September 2026 quarter.

3. Best operating margin in 15 quarters

   Operating margin was 23% in the June 2026 quarter, against 22% a year earlier.

   Next results: check whether chemicals margins come under pressure from high-cost stock, as management warned.

   From the earnings call on 12 Aug 2026.

For April to June 2026 (the quarter ended 30 June 2026), Grasim Industries reported revenue of ₹48,716 crore, up 21.4% from ₹40,118 crore a year earlier, and a profit of ₹3,846 crore, up 38.8% from ₹2,771 crore.

Grasim Industries results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Grasim Industries' management discussed these results on a call held on 12 August 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Grasim Industries closed at ₹3,138.00 on 4 November 2026, up 15.2% from ₹2,724.60 a year earlier (7 November 2025) and up 75.8% over five years. Its highest weekly close since February 2016 was ₹3,323.00 on 7 August 2026.

Grasim Industries share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

565 weekly closes from 26 February 2016 to 4 November 2026.

4 Nov 2026: Grasim Industries closed at ₹3,138.00, up 5.3% on the week and up 5.9% on the month. 12 Aug 2026: Grasim Industries held its results call for April to June 2026. Management guided: Birla Opus FY27 revenue growth above 50%.

Earlier

• 7 Aug 2026: ex-date for a dividend of ₹10 a share.
• Results for April to June 2026: Revenue up 21.4% and profit up 38.8% on a year earlier.

Grasim Industries paid ₹10 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.32% at the ₹3,138.00 close on 4 November 2026. The last was a dividend of ₹10 a share, ex-date 7 August 2026.

Grasim Industries dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Yes. Grasim Industries Ltd paid out 14% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 12 August 2026, Grasim Industries' management guided: Birla Opus FY27 revenue growth above 50%.

“We are building Birla Opus into a Rs 10,000 crore brand by FY28, and every leading indicator tells us that we are firmly on that path.”Himanshu Kapania, on the call for April to June 2026

What management guided

• Birla Opus ₹10,000 crore revenue by FY28; full-year profitability remains linked to reaching goal scale.
• Birla Pivot operating profit break-even by FY27 exit.
• ECH commissioning in July to September 2026 and chlorine integration at 68% by FY27 exit.
• Standalone FY27 capital spending ₹3,157 crore; Lyocell Phase I ₹1,350 crore and 55,000 tonnes per annum, and Phase II ₹3,094 crore and 110,000 tonnes per annum, progressing through engineering and environmental clearance.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 12 August 2026.

When Grasim Industries reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Birla Opus: test whether price carry-through and normalized channel inventory preserve the FY27 growth floor through monsoon seasonality.

Grasim Industries is on one of our India lists: Nifty 50 companies.

Grasim Industries Ltd earned ₹3,846 Cr of net profit in the Jun 2026 quarter, +38.8% on the same quarter a year earlier. That is the 6th quarter in a row of profit growth. Full-year FY26 profit was ₹10,300 Cr. Over 10 years profit has grown 11.5% a year on average. That is 7.9% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹2,771 Cr.

For the full year, FY26 profit was ₹10,300 Cr (+32.8% on the year before).

Why profit moved: revenue changed +21.4% on a year earlier and the margin moved +1.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +36.0% and revenue +19.7%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

FY26-Q4. revenue ₹51,101 Cr and profit ₹3,684 Cr as reported.

FY27-Q1. revenue ₹48,716 Cr and profit ₹3,846 Cr as reported.

Why-sources: our stock research file (14 June 2026) and the company’s own results for those quarters.

Grasim Industries Ltd reported ₹48,716 Cr of revenue in the Jun 2026 quarter, +21.4% on the same quarter a year earlier. That is the 11th quarter in a row with growth on the year before. Over 10 years it has grown 17.7% a year on average. The last full year, FY26, came in at ₹1,75,431 Cr.

Revenue is everything the company billed its customers in the period.

Why this happened. Birla Opus crossed 10% revenue market share in March 2026, #3 position per C003. Combined Birla Opus plus white putty within striking distance of incumbent #2 per C025. Distribution 11,500 towns, 50,000+ dealer touchpoints per C004. FY28 goal Rs 10,000 Cr per C005. Institutional sales momentum per C026b.

The last four reported quarters add to ₹1,84,029 Cr.

FY26 revenue was ₹1,75,431 Cr, +18.2% on the year before.

Recent pace: the last four quarters grew +19.7% on average, against 17.7% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +19.5%, against +17.0% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +33.1%, against +9.4% a year (accelerating).

FY26-Q4. revenue ₹51,101 Cr and profit ₹3,684 Cr as reported.

FY27-Q1. revenue ₹48,716 Cr and profit ₹3,846 Cr as reported.

Why-sources: our stock research file (14 June 2026) and the company’s own results for those quarters.

Grasim Industries Ltd's operating margin was 23.0% in the Jun 2026 quarter, 1.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between 15.0% and 24.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why this happened. Cellulosic fiber FY26: revenue Rs 17,104 Cr (+8% YoY per C026), EBITDA Rs 1,751 Cr (+15% YoY per C027), EBITDA growing faster than revenue. Phase-1 Lyocell 55,000 MTPA expansion at Harihar progressing per C026. Operating leverage confirmed.

Why the margin moved: operating margin changed +0.9 percentage points on the year while gross margin changed +0.4 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

FY26-Q4. revenue ₹51,101 Cr and profit ₹3,684 Cr as reported.

FY27-Q1. revenue ₹48,716 Cr and profit ₹3,846 Cr as reported.

Why-sources: our stock research file (14 June 2026) and the company’s own results for those quarters.

Over the last 3 years Grasim Industries Ltd's operations used more cash than they brought in, so cash conversion was −163%, a gap worth watching. In FY26 its operations used ₹17,810 Cr of cash, against ₹10,300 Cr of profit. After ₹17,730 Cr of spending on assets, free cash was −₹35,540 Cr: it spent more than its operations brought in.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why −163% of profit came in as cash: the cash cycle got 30 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. When less than 70% of profit comes in as cash, it is the thing to watch on this page.

What to look at next: less of the profit turns into cash than it should, and the cash cycle is 30 days longer. The next section looks at where the cash is stuck.

Grasim Industries Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 1 days in FY26, up from −29 days in FY21. It spent ₹82,424 Cr on assets over the last 3 years. Customers take 23 days to pay, and stock sits for 130 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹1,75,431 Cr, each day of that cycle ties up about ₹481 Cr, so roughly ₹481 Cr is tied up in the business at any time.

FY26: customers took 23 days to pay and stock sat for 130 days, about 4.3 months of sales sitting as stock, for a full cycle of 1 days, longer than FY21's −29.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 130 days. Customers pay about 23 days after that. Suppliers are paid at 152 days. Together that makes the 1-day cycle.

Spending on assets: ₹82,424 Cr over the last 3 years, against ₹19,181 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹16,465 Cr (FY26): assets paid for that are not earning yet.

In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit.

Grasim Industries Ltd's P/E is 37.3×, near the high end of its own history: higher than 83% of past readings. Its usual P/E (the middle reading) is 19.5×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹82.75.