Grasim Industries Ltd is an Indian company that operates in various sectors, including textiles, chemicals, and cement. It is a part of the Aditya Birla Group, a conglomerate with diverse business interests. Grasim Industries was incorporated in 1947 and has its headquarters in Mumbai, Maharashtra, India.
In this Article we will discuss about Cipla Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030.
Table of Contents
Introduction
The company’s textile division manufactures and sells a wide range of fabrics, including viscose staple fiber, grey fabric, and yarn. Grasim is known for its brand “Grasim” and is one of the leading players in the Indian textile industry.
In the chemicals sector, Grasim Industries produces various products such as caustic soda, chlorine, epoxy, and allied chemicals. These products find applications in industries like textiles, detergents, paper, and pharmaceuticals. The company’s chemical division operates through its subsidiary, Aditya Birla Chemicals (India) Limited.
Grasim Industries is also a major player in the cement industry. It owns and operates cement plants across India under the brand name “UltraTech Cement.” UltraTech Cement is one of the largest cement manufacturers globally and is known for its quality and innovation in the construction industry.
Business Model of Grasim Industries Limited
The business model of Grasim Industries Ltd can be described as a diversified conglomerate operating in multiple sectors. Here are some key aspects of their business model:
- Vertical Integration: Grasim Industries follows a strategy of vertical integration, wherein it operates across various stages of the value chain in its different sectors. For example, in the textiles division, the company engages in the production of viscose staple fiber, fabric manufacturing, and yarn production. This integration helps Grasim have better control over the supply chain and enhances operational efficiency.
- Diversification: Grasim Industries is involved in multiple sectors, including textiles, chemicals, and cement. This diversification helps the company reduce risks associated with operating in a single industry and allows it to capitalize on different market opportunities. The company leverages its expertise and resources across these sectors to drive growth and profitability.
- Strong Brands: Grasim Industries has developed strong brands in its various sectors. For instance, the “Grasim” brand is well-known in the textile industry for its quality products, while “UltraTech Cement” is a leading brand in the cement industry. These brands help the company maintain a competitive edge and command customer loyalty.
- Focus on Innovation: Grasim Industries emphasizes innovation across its sectors. It invests in research and development to develop new products, improve existing ones, and stay ahead of market trends. Innovation allows the company to offer differentiated products and solutions, creating value for customers and driving growth.
- Sustainability and Corporate Social Responsibility: Grasim Industries is committed to sustainable practices and corporate social responsibility. The company focuses on reducing its environmental footprint, promoting employee safety, and contributing to the communities in which it operates. Sustainability initiatives are integrated into its business operations to create long-term value while addressing social and environmental concerns.
- Strategic Partnerships and Acquisitions: Grasim Industries actively seeks strategic partnerships and acquisitions to expand its business portfolio and enter new markets. Collaborations and acquisitions help the company gain access to new technologies, resources, and distribution networks, facilitating growth and market expansion.
Shareholding of Grasim Industries Limited
As of March 31, 2023, the shareholding pattern of Grasim Industries Limited was as follows:
- Promoter and promoter group: 46.24%
- FIIs: 19.86%
- DIIs: 10.31%
- Mutual funds: 4.67%
- Others: 20.02%
The promoter and promoter group held a majority stake of 46.24% in Grasim Industries Limited. FIIs held a 19.86% stake, DIIs held a 10.31% stake, and mutual funds held a 4.67% stake. The remaining 20.02% of the shares were held by other investors.
Grasim Industries limited Share
Grasim Industries Share listed on the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE).
As of June 14, 2023, Grasim’s share price on the NSE was INR 1766.75/- Grasim Share 52 week high at Rs. 1839.50/- & 52 week low Rs.1276.60/-. The P/E Ratio of Grasim Share is 17.
| Company Name | Grasim Industries Limited |
| Share Name | GRASIM |
| Sector | Multiple |
| Headquater | Mumbai |
| Foundation | 1947 |
| Key Person | Jayant V Dhobley (Chairman) |
| Market Cap | 1,16,328.50 Crores Rs. |
| Revenue | 27,858.05 Crore Rs |
| Official Website | Click Here |
Grasim Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2040, 2050
| Year | First Target | Second Target |
| 2023 | 1940 | 2310 |
| 2024 | 2350 | 2760 |
| 2025 | 2795 | 3240 |
| 2026 | 3280 | 3690 |
| 2027 | 3725 | 4150 |
| 2028 | 4190 | 4520 |
| 2029 | 4560 | 4950 |
| 2030 | 5040 | 5560 |
| 2040 | 18450 | 19200 |
| 2050 | 34600 | 35850 |
Note:- “That these share price targets for “Grasim Share” are only provided for the purpose of reference and that this prediction will only hold true in the event that there is optimism in the market. Any uncertainties regarding the company or the current state of the global market will not be addressed in this analysis.”
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Annual Result Summary of Grasim Industries Limited
here is a summary of Grasim Industries Limited’s annual results:
- Consolidated net profit: Increased by 16.14% to ₹33,462.14 crore from ₹28,637.86 crore in the previous year.
- Consolidated revenue from operations: Increased by 17.36% to ₹1,17,627.1 crore from ₹1,00,143.4 crore in the previous year.
- Cement business: Sales volume increased by 12.5% to 29.2 million tonnes from 26.0 million tonnes in the previous year.
- Textile business: Yarn sales volume increased by 11.9% to 1.7 million tonnes from 1.5 million tonnes in the previous year.
- Chemicals business: VSF sales volume increased by 13.1% to 4.9 lakh tonnes from 4.3 lakh tonnes in the previous year.
Grasim Share Price Target 2023
Grasim Industries may continue to explore opportunities for expansion, both domestically and internationally, through strategic partnerships, acquisitions, and market diversification.
Grasim share price target 2023 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2023 | ₹1940 | ₹2310 |
Grasim Share Price Target 2024
The company’s commitment to sustainability and corporate social responsibility could also contribute to its long-term viability and stakeholder value.
Grasim share price target 2024 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2024 | ₹2350 | ₹2760 |
Grasim Share Price Target 2025
Grasim Industries Limited has announced the implementation of the next phase of its transformational growth journey. The company has set a target of achieving a consolidated revenue of Rs. 1 lakh crore by FY2025.
Grasim share price target 2025 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2025 | ₹2795 | ₹3240 |
Grasim Share Price Target 2026
Grasim is a leader in sustainable manufacturing. The company has been investing in new technologies and processes to reduce its environmental impact. This is becoming increasingly important to consumers and investors, who are looking for companies that are committed to sustainability.
Grasim share price target 2026 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2026 | ₹3280 | ₹3690 |
Grasim Share Price Target 2027
Grasim is expanding its product portfolio to meet the growing demand for its products. The company is investing in new businesses, such as solar power and infrastructure. This will help Grasim to diversify its revenue streams and reduce its reliance on any one industry.
Grasim share price target 2027 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2027 | ₹3725 | ₹4140 |
Grasim Share Price Target 2028
The future of Grasim Industries Ltd. looks bright. The company is well-positioned to benefit from the growth of the Indian economy and the rising demand for its products.
Grasim share price target 2028 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2028 | ₹4190 | ₹4520 |
Grasim Share Price Target 2029
it is worth noting that Grasim Industries has been operating as a diversified conglomerate, which can provide resilience and flexibility in navigating changing market dynamics. The company’s focus on sustainability and innovation, along with its strong market presence, could position it for future growth and success.
Grasim share price target 2029 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2029 | ₹4560 | ₹4950 |
Grasim Share Price Target 2030
Grasim Industries emphasizes sustainability and corporate social responsibility. The company aims to create long-term value for its stakeholders while maintaining a focus on environmental stewardship and social well-being.
Grasim share price target 2030 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2030 | ₹5540 | ₹5560 |
Dividend History of Grasim Industries Share
Here is a brief overview of Grasim’s dividend history over the past few years:
- In 2023, Company declared a final dividend of Rs. 10 per share.
- In 2022, Company declared a final dividend of Rs.10 per share.
- In 2021, Company declared a final dividend of Rs. 9 per share.
- In 2020, Company declared a final dividend of Rs. 4 per share.
Joint venture & Subsidiaries of Grasim Industries Limited
Grasim Industries Limited, being a part of the Aditya Birla Group, has various joint ventures and subsidiaries that contribute to its diversified business portfolio. Here are some notable joint ventures and subsidiaries associated with Grasim Industries:
- Aditya Birla Chemicals (India) Limited: This subsidiary of Grasim Industries operates in the chemicals sector. It manufactures and sells a range of chemicals, including chlor-alkali, epoxy, and fluorine chemicals.
- UltraTech Cement Limited: Grasim Industries has a significant stake in UltraTech Cement, one of the largest cement manufacturers globally. UltraTech Cement operates independently and has a strong presence in the cement industry.
- Aditya Birla Capital Limited: Grasim Industries has a significant shareholding in Aditya Birla Capital, a leading financial services company. Aditya Birla Capital offers a wide range of financial solutions, including insurance, asset management, lending, and wealth management.
- Grasim Bhiwani Textiles Limited: This subsidiary of Grasim Industries is engaged in the manufacturing and sale of textile products, including fabrics and yarn.
- Aditya Birla Renewable Limited: It is a subsidiary of Grasim Industries involved in the renewable energy sector. The company focuses on developing and operating renewable power projects, including solar and wind energy.
- Aditya Birla Chemicals (Thailand) Limited: Grasim Industries has a joint venture in Thailand called Aditya Birla Chemicals (Thailand) Limited. The joint venture is involved in the manufacturing and sale of chemicals and other related products.
- Aditya Birla Insulators: Grasim Industries has a subsidiary named Aditya Birla Insulators, which is engaged in the production of insulators for electrical transmission and distribution systems.
Future Plan of Grasim Industries Limited
rasim Industries Limited is a leading Indian multinational conglomerate company with interests in cement, textiles, chemicals, and plastics. The company has announced a number of future plans, including:
- Investing ₹10,000 crore in its paints business by FY25. This investment will be used to expand production capacity, upgrade technology, and strengthen the company’s distribution network.
- Expanding its cement capacity by 20 million tonnes per annum (mtpa) by FY25. This expansion will be funded through a combination of internal accruals and debt.
- Investing in new technologies and solutions to improve the sustainability of its operations. Grasim has set a target of reducing its greenhouse gas emissions intensity by 50% by 2030.
- Continuing to focus on innovation and product development. Grasim is committed to developing new products and solutions that meet the needs of its customers.
FAQs-
Grasim Industries has a history of paying dividends to its shareholders. The dividend payout frequency and amount are decided by the company’s board of directors and depend on various factors, including financial performance, profitability, and cash flows.
As of June 14, 2023, the P/E ratio of Grasim Industries is 15.30 and the P/B ratio is 2.20.
As with any investment, there are risks associated with investing in Grasim Industries. These risks include:
The company’s share price could fall.
The company could report lower profits than expected.
The company could face legal challenges.
The company could be acquired by another company.
The benefits of investing in Grasim Industries include:
The company has a strong track record of profitability.
The company is a market leader in its industry.
The company is well-managed and has a good corporate governance track record.
The company pays dividends to its shareholders.
Yes, Grasim Industries is a NFTY50 stock. This means that it is one of the 50 stocks that are included in the Nifty 50 index.
As per our analysis share price target for GRASIM is 2025 will be Rs.2795/-
