Grasim Industries Ltd - Company Profile
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Grasim Industries Ltd (Grasim) is a distributor, manufacturer, and marketer of construction materials. The company operates diversified businesses including the production of Viscose Staple Fiber (VSF), chemicals, cement, and diversified financial services. Grasim's major products include caustic soda, grey cement, white cement, and non-banking financial services, asset management, and life insurance. Grasim's products and services find applications across various industries including textiles, construction, finance, and insurance. The company has manufacturing plants, joint ventures, and subsidiaries in Sweden, China, India, Sri Lanka, Canada, and Bangladesh. Grasim is headquartered in Mumbai, Maharashtra, India.
Grasim Industries Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Cement | Non-Bank Financial Services | Birla Pivot |
| Textiles | Insurance Services | Epotec |
| Chemicals | Asset Management | Soktas |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Financing Agreements | In June, the company invested INR3,094 crore in a Phase II Lyocell capacity of 110K TPA at Harihar, Karnataka, India. |
| 2026 | Regulatory Approval | In May, the company's board of directors approved the acquisition of a 26% stake in Ampin C&I Power Thirty Private Limited. |
| 2025 | Plans/Strategy | In November, the company announced its plans to acquire a 26% stake in three Special Purpose Vehicles (SPVs) for renewable energy projects. |
Competitor Comparison
| Key Parameters | Grasim Industries Ltd | Adani Enterprises Ltd | Ambuja Cements Ltd | ACC Ltd | Jaiprakash Associates Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Mumbai | Ahmedabad | Mumbai | Ahmedabad | Noida |
| State/Province | Maharashtra | Gujarat | Maharashtra | Gujarat | Uttar Pradesh |
| No. of Employees | 27,327 | 10,482 | 5,909 | 2,836 | 4,482 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jayant V Dhobley | Chief Executive Officer - Global Chemicals, Fashion Yarn, & Insulators; Head - Global Chemicals, Fashion Yarn, & Insulators | Senior Management | 2021 | - |
| Kumar Mangalam Birla | Chairman | Non Executive Board | - | 58 |
| V. Chandrasekaran | Director | Non Executive Board | 2021 | 67 |
| Sushil Agarwal | Director | Non Executive Board | 2024 | 61 |
| Ashvin Dhirajlal Parekh | Director | Non Executive Board | 2024 | 71 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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