Grasim Industries, incorporated in the year 1947, is a Large Cap company (having a market cap of Rs 114633.03 Crore) operating in Diversified sector.
Grasim Industries key Products/Revenue Segments include Sale of Products, Scrap, Export Incentives, Other Operating Revenue, Power, Sale of services for the year ending 31-Mar-2022.
Financials
For the quarter ended 31-12-2022, the company has reported a Consolidated Total Income of Rs 31609.45 Crore, up 13.96 % from last quarter Total Income of Rs 27737.58 Crore and up 28.89 % from last year same quarter Total Income of Rs 24523.78 Crore. Company has reported net profit after tax of Rs 4476.20 Crore in latest quarter.
The company’s top management includes Mr.Kumar Mangalam Birla, Mr.N Mohanraj, Mrs.V Chandrasekaran, Mr.N Mohan Raj, Mr.Anita Ramachandran, Dr.Thomas Connelly Jr, Mr.Cyril Shroff, Mr.Raj Kumar, Dr.Santrupt Misra, Mr.Shailendra K Jain, Mrs.Rajashree Birla, Mr.H K Agarwal, Mr.Adesh Kumar Gupta. Company has S R B C & Co. LLP as its auditors. As on 31-03-2023, the company has a total of 66 Crore shares outstanding.
Investment Rationale
The stock has crossed its previous swing high.
Promoter/FII Holdings
Promoters held 42.75 per cent stake in the company as of 31-Mar-2023, while FIIs owned 12.45 per cent, DIIs 15.0 per cent.
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