The dividend yield of Grasim Industries is 0.61% (March 2022).
In the past year (ending December 2022), Grasim Industries has recorded a consolidated rise in net profit of 17% YoY. Revenues have also surged by 26% for the same period.
The revenue of Grasim Industries is Rs. 5,458 crores, and the profit of Grasim Industries is Rs. 84,165 crores, for the period ending December 2022 (nine-month period).
The debt-to-equity ratio of Grasim Industries is 0.08 (March 2022).
Some of the major subsidiaries of Grasim Industries are UltraTech Cement, Century Rayon, Aditya Birla Payments and Aditya Birla Capital.
Grasim Industries is one of the largest private-sector companies in India. The business model of Grasim Industries is diverse, with subsidiaries in the areas of textiles, chemicals, paints, fibre and more. The business model is growth-centric and aims include building large customer bases.
This flagship company of the Aditya Birla Group wishes to spread its wings by extending its plants and adding employees to facilitate optimal production. Launching new brands in its textile segment is also on the anvil. Over the next 5 years, the company aims to get into the business of B2B e-commerce and has already invested Rs. 2,000 crores for this purpose.
With many areas of expansion and growth on the horizon, Grasim Industries can only extend itself in the future. Investing in the future is the company’s key strategy towards development, globally and domestically.