Grasim Industries quarterly results and financials

Grasim Industries (GRASIM)₹3,170−1.17%(9 Nov 2026 close)Cement & Cement Products

Key facts

In the Jun 2026 quarter (consolidated), Grasim Industries reported sales of ₹48,584 Cr, up 21.5% from Jun 2025, and net profit of ₹3,846 Cr, up 38.8% year on year. For the year to Mar 2026, sales were ₹1.75 L Cr and net profit ₹10,301 Cr.

Sales (Jun 2026): ₹48,584 Cr
Net profit (Jun 2026): ₹3,846 Cr
Sales (FY Mar 2026): ₹1.75 L Cr
Net profit (FY Mar 2026): ₹10,301 Cr
EPS (Jun 2026): ₹31.62
Borrowings (Mar 2026): ₹2.28 L Cr

Company filings, consolidated accounts; latest reported quarter Jun 2026

Grasim Industries quarterly results

₹ crore unless stated; each column is a quarter.

Grasim Industries Quarterly results
	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	30,096	31,835	37,599	34,471	34,101	35,251	44,111	39,984	39,753	44,171	50,963	48,584
Expenses	24,172	25,058	29,846	27,932	28,207	28,569	35,531	31,283	32,222	35,472	40,258	37,571
Operating Profit	6,072	6,911	7,923	6,707	6,048	6,823	8,782	8,852	7,699	8,900	10,914	11,185
OPM %	20.1%	22.1%	21.1%	19.1%	18.1%	19.1%	20.1%	22.0%	19.1%	20.1%	21.0%	23.1%
Other Income	285	256	−48.01	247	403	382	485	375	406	64.99	143	318
Interest	2,220	2,427	2,578	2,789	3,020	3,261	3,398	3,543	3,658	3,901	4,006	4,285
Depreciation	1,249	1,248	1,334	1,446	1,576	1,613	1,836	1,816	1,904	1,982	2,046	1,992
Profit before tax	2,850	3,458	3,916	2,680	1,824	2,299	3,982	3,820	2,500	3,042	4,940	5,166
Tax %	29.0%	25.0%	31.0%	23.0%	46.1%	25.1%	26.0%	28.1%	40.0%	27.1%	26.0%	26.1%
Exceptional items	0.00	0.00	−394	−67.84	−44.93	0.00	−49.91	−27.94	0.00	−146	−62.85	−9.99
Net Profit	2,024	2,603	2,724	2,067	984	1,734	2,975	2,771	1,499	2,234	3,684	3,846
EPS (Rs)	17.15	22.31	20.85	16.38	4.80	12.49	22.04	20.95	8.16	15.27	27.95	31.62

Grasim Industries profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Grasim Industries Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	34,359	35,942	55,706	76,887	68,077	76,127	95,393	1,17,140	1,30,532	1,47,953	1,74,956	1,83,471
Expenses	28,580	28,669	44,306	60,583	57,889	57,816	75,324	96,009	1,03,820	1,20,262	1,39,244	1,45,523
Operating Profit	5,926	7,410	11,650	16,701	10,405	18,700	20,483	21,649	27,301	28,364	36,430	38,698
OPM %	17.0%	20.1%	21.1%	22.1%	15.1%	24.1%	21.1%	18.1%	21.1%	19.1%	21.0%	21.1%
Other Income	1,319	1,076	410	−1,846	7,072	1,129	1,646	3,730	783	1,516	1,046	931
Interest	716	700	3,652	6,040	6,867	5,705	4,759	6,026	9,248	12,466	15,110	15,850
Depreciation	1,840	1,812	2,733	3,584	4,018	4,045	4,170	4,563	5,018	6,471	7,742	7,925
Profit before tax	4,659	5,928	5,611	5,143	6,533	9,980	13,104	14,671	13,657	10,786	14,414	15,648
Tax %	26.1%	29.0%	35.0%	47.1%	−1.0%	30.0%	15.0%	25.1%	28.0%	28.0%	29.0%	—
Exceptional items	343	63.89	−204	−1,343	−975	−239	129	−4.99	−268	93.84	−78.81	−219
Net Profit	3,456	4,245	3,691	2,747	6,638	6,988	11,206	11,078	9,933	7,761	10,301	11,263
EPS (Rs)	51.31	65.87	39.58	24.98	65.15	63.50	111.29	100.72	85.64	54.61	73.20	83.00
Dividend payout %	9.1%	8.0%	15.1%	27.1%	6.1%	14.1%	9.0%	10.1%	12.1%	18.1%	14.1%	—

Grasim Industries balance sheet

₹ crore, at each year end.

Grasim Industries Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	91.82	92.77	92.79	131	132	132	132	132	132	133	136	136
Reserves	22,953	27,224	31,175	57,095	57,659	56,317	65,066	75,311	78,344	88,242	97,131	1,03,039
Borrowings	11,903	12,490	9,196	67,028	84,321	84,661	78,979	74,608	1,02,853	1,36,980	1,86,135	2,27,567
Other Liabilities	19,054	19,708	22,244	83,868	99,093	1,03,265	1,23,295	1,39,295	1,55,786	1,87,203	2,17,244	2,38,953
Total Liabilities	54,002	59,515	62,707	2,08,123	2,41,205	2,44,375	2,67,472	2,89,346	3,37,114	4,12,557	5,00,645	5,69,694
Fixed Assets	31,752	34,146	34,667	69,035	86,908	87,534	84,709	88,669	94,556	1,00,227	1,40,822	1,49,027
CWIP	2,751	1,783	1,295	2,285	2,761	3,894	5,753	6,598	7,763	18,327	14,737	16,424
Investments	7,282	10,635	14,243	66,238	62,899	66,509	88,316	97,133	1,05,732	1,29,730	1,40,849	1,55,478
Other Assets	12,216	12,951	12,502	70,564	88,637	86,437	88,694	96,945	1,29,062	1,64,274	2,04,239	2,48,766
Inventories	4,775	4,139	4,222	5,848	7,050	6,827	6,186	9,517	11,129	13,524	15,588	15,401
Trade receivables	2,649	3,006	3,015	5,205	6,701	5,803	4,344	5,436	5,918	6,982	9,163	10,973
Cash & equivalents	438	2,298	2,297	1,312	1,902	3,789	5,319	3,239	3,698	4,632	7,878	6,165
Total Assets	54,002	59,515	62,707	2,08,123	2,41,205	2,44,375	2,67,472	2,89,346	3,37,114	4,12,557	5,00,645	5,69,694

Grasim Industries cash flow

₹ crore, for each year.

Grasim Industries Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	4,582	5,854	7,279	−4,130	−1,654	16,581	15,044	7,023	−12,652	−10,698	−17,144	−17,785
Cash from investing activity	−2,362	−4,520	−3,517	1,549	−2,216	−11,378	−7,161	−1,054	−13,726	−23,171	−23,344	−17,816
Cash from financing activity	−2,282	−1,367	−3,804	3,454	4,162	−3,424	−8,016	−6,746	26,501	33,955	43,066	33,581
Net cash flow	−42.04	−11.02	−20.02	858	287	1,841	−75.11	−750	72.11	75.12	2,497	−2,087
Capex	3,293	2,770	1,839	3,284	4,175	5,070	3,643	8,575	12,014	19,458	17,147	15,594
Free cash flow	1,318	3,127	5,506	−7,203	−5,676	11,666	11,554	−1,470	−24,644	−30,127	−33,788	−33,212
CFO / OP %	95.1%	119.0%	112.0%	−21.0%	1.0%	177.0%	91.0%	49.0%	−49.0%	−30.0%	−52.0%	−41.9%

Grasim Industries ratios

Working-capital days and returns, by year.

Grasim Industries Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	31	33	31	35	33	32	22	22	19	20	24	24
Inventory days	206	167	162	169	153	178	178	199	179	193	178	129
Days payable	102	97	117	146	133	172	229	239	216	221	177	152
Cash conversion cycle	136	103	76	58	53	38	−29	−18	−17	−7	25	1
Working capital days	−44	−56	−19	−95	−47	−84	−103	−88	−75	−91	−105	−81
ROCE %	9.0%	11.0%	13.0%	10.1%	8.0%	8.0%	9.0%	9.0%	10.0%	9.1%	8.1%	8.0%

Grasim Industries: frequently asked questions

What are the latest quarterly results of Grasim Industries?

For the Jun 2026 quarter, Grasim Industries reported sales of ₹48,584 Cr, up 21.5% year on year and net profit of ₹3,846 Cr, up 38.8% year on year. The operating margin was 23.1%.

What is the annual revenue of Grasim Industries?

Grasim Industries' sales for the year to Mar 2026 were ₹1.75 L Cr; over the last twelve months they were ₹1.83 L Cr.

What is the net profit of Grasim Industries?

Net profit for the year to Mar 2026 was ₹10,301 Cr, and ₹11,263 Cr over the last twelve months. Earnings per share over the same trailing period were ₹83.00.

How much debt does Grasim Industries have?

Grasim Industries reported borrowings of ₹2.28 L Cr at Mar 2026, against cash and equivalents of ₹6,165 Cr.

What is the free cash flow of Grasim Industries?

Cash from operations was −₹17,785 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹33,212 Cr.

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