Grasim Industries Ltd - Company Profile
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Grasim Industries Ltd (Grasim), a subsidiary of Aditya Birla Group, is a manufacturer, distributor, and marketer of construction materials. The company operates diversified businesses including viscose, cement, chemicals, and textiles. It offers a wide range of products such as grey cement, white cement, viscose staple fiber, yarn, pulp, caustic soda, allied chemicals, epoxy, linen, and wool. Grasim sells its textile products through a network of exclusive showrooms, also through wholesalers and multi-brand outlets. The company has manufacturing plants, joint ventures, and subsidiaries in Sweden, China, India, Sri Lanka, Canada, the Middle East and Bangladesh. Grasim is headquartered in Mumbai, Maharashtra, India.
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Products and Services
Products | Brands |
---|---|
Cement | Textiles: |
Textiles | Graviera |
Chemicals | Navyasa |
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 |
---|---|---|
2024 | Plans/Strategy | In April, the company announced its plans to acquire a 26% stake in Clean Max Decimus. |
2024 | Financing Agreements | In March, the company received INR 1,250 Crore investment from the International Finance Corporation. |
2023 | Corporate Changes/Expansions | In October, Soktas announced the opening of its brand outlet in Jayanagar, Bengaluru, India. |
Competitor Comparison
Key Parameters | Grasim Industries Ltd | Ambuja Cements Ltd | ACC Ltd | Jaiprakash Associates Ltd | HeidelbergCement India Ltd |
---|---|---|---|---|---|
Headquarters | India | India | India | India | India |
City | Mumbai | Mumbai | Mumbai | Noida | Gurgaon |
State/Province | Maharashtra | Maharashtra | Maharashtra | Delhi | Haryana |
No. of Employees | 24,455 | 4,361 | 5,472 | 5,893 | 1,002 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Kumar Mangalam Birla | Chairman | Executive Board | 1992 | 56 |
Jayant V Dhobley | Chief Executive Officer; Head - Chemicals, Fashion Yarn and Insulators Business | Senior Management | 2021 | - |
Pavan K Jain | Chief Financial Officer | Senior Management | 2022 | - |
Harikrishna Agarwal | Managing Director | Senior Management | 2015 | 63 |
Anil Rustogi | Chief Financial Officer - Pulp and Fiber | Senior Management | - | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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