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.
Headquarters
India
Address
Birlagram 456 331, Mumbai, Maharashtra, 400030
Website
www.grasim.com
Telephone
91 22 24995000
No of Employees
24,455
Industry
Construction
Ticker Symbol & Exchange
GRASIM (NSE)
Revenue (2022)
$15.0B
22.9%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-9.6%
(2022 vs 2021)
Market Cap*
$18.1B
Net Profit Margin (2022)
XYZ
-26.5%
(2022 vs 2021)
* As of and is in US$
Grasim Industries Ltd premium industry data and analytics
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 | New Delhi | 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 |
| Rakshit Hargave | Chief Executive Officer - Paints | 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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