Table of Contents
- Introduction
- What is Grasim Industries Ltd?
- Overview About Grasim Industries Ltd
- Annual Performance Of Grasim Industries Ltd Company
- Grasim Share Price Target 2024, 2025, 2027, 2030
- How To Purchase Grasim Industries Share?
- Investors Types and The Ratio Of Grasim Share
- Grasim Industries Ltd Share Peer’s Company
- Advantages and Disadvantages Of Grasim Share
- FAQ
- What is the Grasim Share Price Target for the year 2024?
- What is the Grasim Share Price Target for the year 2025?
- What is the Grasim Share Price Target for the year 2027?
- What is the Grasim Share Price Target for the year 2029?
- What is the Grasim Share Price Target for the year 2030?
- Is Grasim Share good to buy?
- Conclusion
Introduction
In this comprehensive blog, we will explore the potential future performance of Grasim Industries Ltd shares. This analysis includes financial Grasim Share Price Target, business policies, shareholding patterns, and forecasted share prices for the years 2024, 2025, 2027, and 2030. Leveraging expert insights and data analysis, we aim to provide a clear understanding of Grasim Industries Ltd’s share price trajectory. This guide is particularly beneficial for potential investors considering Grasim Industries Ltd shares for long-term investment.
What is Grasim Industries Ltd?
Grasim Industries Limited, part of the Aditya Birla Group, was established in 1947 as a textile manufacturing company. Over the years, it has diversified into chemicals, cement, and more recently, paints. Headquartered in Mumbai, Grasim Industries has evolved into a significant player in multiple sectors, making it a notable entity in India’s industrial landscape.
Overview About Grasim Industries Ltd
Grasim Industries is a leading manufacturer of Viscose Staple Fiber (VSF) in India and exports to over 50 countries. It operates in diverse segments, including textiles, chemicals, and cement, with UltraTech Cement being a major subsidiary. Grasim has six main paint manufacturing plants across India and is a prominent producer of caustic soda with a capacity of 1,350 KTPA.
Key Information
Company Name | Grasim Industries Ltd |
Established | 1947 |
Market Cap | ₹1,94,771.62 Crore |
Book Value | ₹766.56 |
Face Value | ₹2 |
52 Week High | ₹2,860.85 |
52 Week Low | ₹1,740.59 |
NSE Sine | GRASIM |
Annual Performance Of Grasim Industries Ltd Company
To understand the potential of Grasim shares, we need to analyze the company’s annual performance. This includes key financial ratios such as PE ratio, Return on Assets (ROA), Current Ratio, and Return on Equity (ROE).
Financial Ratios
Metric | Value |
PE Ratio | 204.72 |
Return On Assets (ROA) | 3.45% |
Current Ratio | 1.26 |
Return On Equity (ROE) | 4.56% |
Grasim Share Price Target 2024, 2025, 2027, 2030
Grasim Industries’ shares are traded on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). Over the past year, the share price has seen a significant increase, indicating positive investor sentiment and robust business performance.
Grasim Share Price Target 2024
In the textile industry, Grasim’s most in-demand products include fabrics, VSF, grey fabric, and yarn. The company has expanded into the paints industry through UltraTech Cement. By the end of FY 2025, Grasim plans to enhance its paint manufacturing capacity to 1,332 MLPA.
Year | 1st Price Target | 2nd Price Target |
2024 | ₹2,725 | ₹3,141.96 |
Grasim’s net sales have grown significantly, from ₹20,753.12 Crore in March 2022 to ₹26,256.31 Crore in March 2023. The company’s efforts to improve export facilities and market partnerships have contributed to this growth.
Grasim Share Price Target 2025
In addition to caustic soda, Grasim produces various chemicals used in industries such as paper, textiles, detergents, and pharmaceuticals. The company’s joint venture with Aditya Birla Chemicals has bolstered its chemical production capabilities.
Year | 1st Price Target | 2nd Price Target |
2025 | ₹3,241.96 | ₹3,589.23 |
Grasim’s status as a debt-free company with an efficient cash conversion cycle and high interest cover ratio (8.12%) positions it well for future growth.
Grasim Share Price Target 2027
Grasim’s presence in the cement industry, through UltraTech Cement, has seen a 14% increase in sales growth. The company’s promoter holding is strong at 43%, attracting significant investor interest.
Year | 1st Price Target | 2nd Price Target |
2027 | ₹3,952.41 | ₹4,352.85 |
With favorable market conditions and a robust business model, Grasim has achieved a profit growth of 21% over the last three years.
Grasim Share Price Target 2030
Grasim’s share price has shown a bullish trend, with substantial growth over the past two years. The company’s revenue growth and plans to expand into renewable energy sources further strengthen its long-term prospects.
Year | 1st Price Target | 2nd Price Target |
2030 | ₹5,125.12 | ₹5,423.74 |
How To Purchase Grasim Industries Share?
Grasim Industries shares can be purchased through various trading platforms:
- Zerodha
- Upstox
- Groww
- Angelone
Investors Types and The Ratio Of Grasim Share
Grasim Industries shares are held by a diverse group of investors, including promoters, the public, Foreign Institutional Investors (FII), and Domestic Institutional Investors (DII).
Investor Type | Percentage Holding |
Promoter Holding | 44.12% |
Public Holding | 25.15% |
FII (Foreign Institutional Investors) | 13.23% |
DII (Domestic Institutional Investors) | 17.50% |
Grasim Industries Ltd Share Peer’s Company
Grasim Industries operates in a competitive landscape with several peer companies:
- Andrew Yule
- BALMLAWRIE
- Birla Corporation
- Beardsell
Advantages and Disadvantages Of Grasim Share
Advantages
- Profit Growth: Grasim has achieved a 20% profit growth over the last three years, indicating strong business performance.
- Revenue Growth: The company has a 19.12% revenue growth, reflecting its robust business operations.
- Zero Promoter Pledges: The absence of promoter pledges is a positive indicator of financial health.
- Book Value Increase: The company’s book value has risen over the past two years, signaling improved financial stability.
Disadvantages
- Poor ROE: Grasim’s Return on Equity (ROE) is relatively low at 4.56%, which may concern some investors.
- High EV/EBITDA: The company’s EV/EBITDA value of 46.12% suggests a high valuation relative to earnings before interest, taxes, depreciation, and amortization, which could impact profitability.
Also Read: Wipro Share Price Target 2024, 2025, 2027, 2030, 2040
FAQ
Conclusion
In conclusion, Grasim Industries Ltd has demonstrated significant growth and resilience across its diverse business segments. With its strategic expansions, robust financial health, and strong market position, the company appears well-positioned for continued success in the coming years.
Investing in Grasim Industries Ltd shares presents an opportunity for potential long-term gains, given the company’s strategic expansions and strong market position. However, it is crucial to conduct thorough research and consult with financial advisors to tailor investment decisions to individual risk appetites and financial goals.
Disclaimer: The financial markets involve risks, and past performance is not indicative of future results. This analysis is for educational purposes only and should not be construed as financial advice. Always seek professional guidance before making investment decisions.