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GRASIM INDUSTRIES LTD.930.90 20.85 (2.29%)

  • BSE: 500300
  • |
  • NSE: GRASIM
  • |
  • ISIN NO: INE047A01021
  • |
  • INDUSTRY: Cement & Cement Products
Profile

GRASIM

Grasim Industries Limited or GRASIM

The Grasim Industries is the flagship company of the Aditya Birla Group which was incorporated on August 25, 1947. It also ranks among India's largest private sector companies. And starting as a textile manufacturer in the year 1948, currently, the Grasim's businesses comprise of the viscose staple fiber or VSF, and cement, and chemicals, and textiles. The core businesses are VSF and cement, which contribute to about 90 percent of it ... s revenues and also various operating profits. Also, the Aditya Birla Group is the world's largest producer of VSF by commanding 24% of global market share and the second largest producer of caustic soda (which is used in the production of VSF) in the country. In cement, Grasim via its subsidiary named UltraTech Cement Limited which has a capacity of about 52 million TPA and is also a leading player in India. In July 2004, the company acquired a majority stake and management control in UltraTech. It became one of the largest of its kind in the cement sector, and this acquisition catapulted the Aditya Birla Group and helped it to be on the top of the league in the country. The amalgamation of Samruddhi Cement Limited or SCL with UltraTech as on July 1, 2010, has completed the restructuring of the cement business. Earlier, the Grasim's cement business was demerged with the SCL. Then, the merger also created the largest cement company in India, which provided a platform that will help in pursuing a tremendous growth. The company in 2013 announced to acquire the Gujarat Cement Unit of 4.8mtpa of the Jaypee Cement Corporation Limited in Gujarat by adopting the way of a demerger and comprising of an integrated cement unit at Sewagram as well as the Grinding Unit at Wanakbori. Now, the JCCL is a wholly–owned subsidiary of Jaiprakash Associates Limited (JAL).

Some of the Business Areas:

  1. Viscose staple fiber:
It is India's pioneer in viscose staple fiber (VSF) which is a human-made, and biodegradable fiber with the characteristics akin to cotton. It is an extremely versatile and easily blendable fiber, and VSF is now widely used in apparel, and home textiles, and dress material, and knitted wear and the non–woven applications. Its VSF plants located at Nagda in Madhya Pradesh, and Kharach in Gujarat and the Harihar in Karnataka, with an approximate capacity of about 333,975 TPA.
  1. Cement:
The company ventured into cement production in the mid-1980s and set up its first cement plant which is located at the Jawad in Madhya Pradesh, and since then it has become one of the leading cement companies in India. Currently, its cement operations span the length and breadth of India, with about 11 composite plants, and eight split grinding units, and four bulk terminals and the 53 ready–mix concrete plants. And all these plants are located close to the sizeable limestone mines and are fully automated to ensure consistent quality. All units use state of the art equipment and technology, which are ISO 9001 certified for quality systems and ISO 14001 certified for the environmental management systems.
  1. Chemicals:
The Rayon grade caustic soda is an essential raw material in the VSF production. And to achieve the reliable and the economic supply of this chemical, the company has set up a rayon grade caustic soda unit which is located at Nagda in 1972 with an initial capacity of approximately 33,000 TPA. And since then it has grown to 258,000 TPA and making it the country's second largest caustic soda unit.
  1. Textiles:
The company holds a strong presence in both fabrics and synthetic yarns, via its subsidiaries such as Grasim Bhiwani Textiles Limited which is well-known for its branded suitings, and Grasim and Gravier which is mainly in the polyester – cellulosic branded menswear. And all of its textile plants are located at Bhiwani in Haryana and Malanpur in Madhya Pradesh.

Some of the Products and services:

  1. Viscose staple fiber (VSF)
  2. Grey cement
  3. White cement
  4. Fertilizers
  5. Chemicals
  6. Mining
  7. Fatty Alcohol/Fatty Acids
  8. Insulators
  9. Software
  10. BPO
  11. Finance and Insurance
  12. Retail
  13. Sponge iron and
  14. Textiles.

The Subsidiaries:

  • Hindalco Industries Ltd.
  • Aditya Birla Nuvo Ltd.
  • UltraTech Cement Ltd.

The Milestones:

  1. 2012 – Acquired assets of Terrace Bay, a paper grade mill, in a JV with Group Company Thai Rayon, in July 2012
  2. 2011 – Acquired Domsjo Fabriker AB (Domsjo), Sweden, in a joint venture with Group Companies
  3. 2010 – Consolidation of the cement business under UltraTech Cement Limited
  4. 2009
  • The Company hives off its sponge iron business by way of slump sale.
  • The company also commissions a Greenfield cement plant at Kotputli in Rajasthan. Whereas Vikram Cement and Aditya Cement win the Federation of Indian Mineral and Industries' 'Social Awareness Award for the year 2008–09'.

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Key Data
  • Market cap 48315.00 CR.
  • Book value 572.62
  • Stock P/E 71
  • Dividend Yield 0.54%
  • ROCE 4.43%
  • ROE 3.70%
  • Sales Growth (3Y) 21.62%
  • Face Value (3Y) 2.00
Trend Analysis
  • Short Term Trend :
    Up
  • Medium Term Trend :
    Up
  • Long Term Trend :
    Up

Are you friends with trend?

There is a saying in stock market, "Trend is your best friend"

It means, a good trader doesn't place his money against the trend. Many new traders lose money because they are trying to catch trend reversals but seasoned traders wait for a clear trend to emerge before taking the trade in the direction of trend.

Day Technicals

What is Opening Range Breakout?

An opening range breakout is breaking out of the day's range after a stock has moved for some time in a sideways trend. In technical terms, its a breakout from the support and resistance level in an upward or downward trend.

NR7

What is NR7 trading strategy?

Narrow Range trading strategy or NR7 Trading strategy is a breakout based method which assumes that the price of security trends up or down after a brief consolidation in a narrow range.

Opening Price clues

How to use Opening Price Clues in your trades?

If the stock has same open and high after it has traded for some time, it implies there was a consistent selling pressure that didn't allow the stock to move higher from the opening price. Similarly, if the stock has same open and low price, it implies there was a consistent buying intent that kept the stock price above the opening price.

Day High Low Range
TIME LOWEST HIGHEST
10 AM 913.10 928.00
11 AM - -
12 PM - -
1 PM - -
2 PM - -
3 PM - -
Japanese Candlestick Patterns
Candle Pattern 1 :None
Candle Pattern 2 : None
Candle Pattern 3 :None
Candlestick Price Action
Higher High Higher Low
Pivot Points
Name S4 S3 S2 S1 Pivot Points R1 R2 R3 R4
classic 856.95 875.85 894.75 902.40 913.65 921.30 932.55 951.45 970.35
woodie's 873.74 892.64 899.32 911.55 918.22 930.45 937.12 949.35 968.25
fibonacci - 894.75 901.97 906.43 913.65 920.87 925.33 932.55 -
camarilla 899.66 904.85 906.58 908.32 -- 911.78 913.52 915.25 920.44
Past Performance & Moving Averages
Day’s LOW HIGH RANGE SMA PERFORMANCE Nifty
10 DAY 832.00
924.90
873.02 7.06 % 1.20 %
20 DAY 778.70
924.90
842.85 8.92 % 2.63 %
50 DAY 675.50
924.90
791.86 22.12 % 12.63 %
100 DAY 565.00
924.90
722.71 38.18 % 14.59 %
200 DAY 385.05
924.90
649.40 84.18 % 49.13 %
YTD 385.05
924.90
666.58 23.21 % 7.96 %
52 Week 385.05
949.50
706.84 18.67 % 9.46 %

Why are moving Averages important in technical Analysis?

An opening range breakout is breaking out of the day's range after a stock has moved for some time in a sideways trend. In technical terms, its a breakout from the support and resistance level in an upward or downward trend.

Gaps On Day Chart
Unfilled Gap Up On 2020-09-28
715.00 ~ 712.20 SUPPORT
Unfilled Gap Up On 2020-07-29
599.35 ~ 597.95 SUPPORT
Unfilled Gap Down On 2016-10-06
1019.00 ~ 4902.00 RESISTANCE
Industry Growth Rate

In Last 1 Year the industry has grown by 20.44 %

In Last 5 Year the industry has grown by 16.75 %

Peer comparison

Sales

COMPANY NAME201420152016201720182019
GRASIM28331.0031734.0034487.0036068.0055894.0072971.00
ULTRACEMCO20730.0023306.0025153.0025375.0030979.0037379.00
SHREECEM5715.006259.005514.008594.009833.0012555.00
AMBUJACEM9955.009437.0020094.0023609.0026041.0027104.00
ACC11646.0011706.0010990.0013285.0014802.0015658.00
Total 15275.40 16488.40 19247.60 21386.20 27509.80 33133.40

Financial

LAST FISCAL CURRENT GROWTH 10 YEAR CAGR
S.NO. COMPANY NAME MARKET CAP CMP BOOK VALUE EPS STOCK P/E ROE ICR REVENUE NET PROFIT NPM REVENUE NET PROFIT REVENUE NET PROFIT
1 ULTRATECH CEMENT LTD. 141147.76 4892.25 1206.00 88.65 50.45 8.85 4.38% 37379.00 2435.00 6.51% 20.66% 9.59% 19.10% 9.55%
2 SANGHI INDUSTRIES LTD. 40986.11 16.35 67.53
3 HIL LTD. 69215.57 924.75 934.48 135.22 9.58 12.63 10.00% 2208.00 101.00 4.57% 72.50% 24.69%
4 SHREE CEMENT LTD. 89986.60 24946.95 2809.00 288.86 86.18 28.74 11.22% 12555.00 1006.00 8.01% 27.68%
5 K.C.P.LTD. 49983.05 38.80 36.72 6.38 10.41 6.31 5.78% 1661.00 82.00 4.94% 12.53% 12.04% 0.12%
6 MANGALAM CEMENT LTD. 45128.96 168.20 205.61
7 GRASIM INDUSTRIES LTD. 59855.91 910.00 600.85 26.94 29.69 8.82 2.72% 72971.00 1772.00 2.43% 30.55% 14.90%
8 DECCAN CEMENTS LTD.-$ 34013.76 242.30 325.33
9 AMBUJA CEMENTS LTD. 51830.18 261.15 108.34
10 VISAKA INDUSTRIES LTD. 27239.13 172.00 327.75
11 ANJANI PORTLAND CEMENT LTD.-$ 33479.54 133.35 102.80
12 EVEREST INDUSTRIES LTD. 29876.75 191.00 293.32 39.56 6.56 3.88 13.13% 1408.00 62.00 4.40% 10.78% 16.98% 10.28% 16.04%
13 NCL INDUSTRIES LTD.-$ 28377.21 62.70 118.73
14 SHREE DIGVIJAY CEMENT CO.LTD.-$ 52731.35 37.30 17.21
15 ACC LTD. 32289.69 1720.65 584.47
16 GUJARAT SIDHEE CEMENT LTD. 22033.20 25.15 45.99 563.00 5.04%
17 The Ramco Cements Limited 20834.30 883.95 200.98 21.68 36.71 21.29 19.74% 5162.00 511.00 9.90% 16.66%
18 Dalmia Bharat Ltd 22739.80 1180.60 393.82 15.79 56.06 7.90 3.52% 9480.00 308.00 3.25% 10.50% 5.48%
19 KAKATIYA CEMENT SUGAR & INDUSTRIES LTD. 10999.26 141.35 289.43
20 J.K.CEMENT LTD. 16173.67 2094.00 396.37 34.12 40.86 3.43 3.21% 5259.00 264.00 5.02% 8.34% 13.40% 6.47%
Sales

What is Sales Trend ?

Sales trend is a methodology to understand sales results which helps in understanding the trends of the market over a specific period of time. Sales results are an indicative of the sales patterns followed by the customer over a time period.

Profitability

What is Profit & EPS Trend ?

EPS Trends was initially built in late 2015 when I was just getting into frontend development. Coming from a background in Rails, I was frustrated with how many decisions you had to make early on as a javascript developer.

Net Profit
EPS

What is EBITDA Margin & EBIT Margin ?

Corporate accounting is required to adhere to the standards and practices collectively referred to as the generally accepted accounting principles. EBITDA is an excellent way for corporate accountants to start compiling data, but it should not be considered an absolute result. This is due to the fact that many consider EBITDA more of a broad stroke than a definitive form of accounting practice.

EBITDA Margin
EBIT Margin
NPM
Cash Flow

Why is the Cash Flow Analysis important?

A business needs cash to pay its expenses, to pay bank loans, to pay taxes and to purchase new assets. A cash flow report determines whether a business has enough cash to do exactly this.

Operating Activities
Financing Activities
Investing Activities
Financial Health

What Is Financial Health?

Financial health is a term used to describe the state of one's personal monetary affairs. There are many dimensions to financial health, including the amount of savings you have, how much you’re putting away for retirement, and how much of your income you are spending on fixed or non-discretionary expenses.

Debt to Equity
Piotroski Score
  • 0
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9

What Is the Piotroski Score?

The Piotroski score is a discrete score between 0-9 that reflects nine criteria used to determine the strength of a firm's financial position.

Altman Z Score (Mfg Company)
  • 1.33
    Distress (< 1.81)
  • Caution (>1.81 < 2.99)
  • Safe (3 & above)
Altman Z Score (Non-Mfg Company)
  • Distress ( < 1.23)
  • 1.55
    Caution (>1.23 < 2.6)
  • Safe (2.6 & above)
Valuation

What Is Valuation?

Valuation is the analytical process of determining the current (or projected) worth of an asset or a company. There are many techniques used for doing a valuation. An analyst placing a value on a company looks at the business's management, the composition of its capital structure, the prospect of future earnings, and the market value of its assets, among other metrics.

GRASIM: Future
TRADING SYMBOL OI VOLUME LAST PRICE LOT SIZE EXPIRY DATE
GRASIM20DECFUT 17193100.00 767600.00 932.25 950 2020-12-31
GRASIM21JANFUT 228000.00 12350.00 933.35 950 2021-01-28
GRASIM21FEBFUT 0.00 0.00 919.00 950 2021-02-25
ROLLOVER COST: 0.12% (INR 1.10)
ROLLOVER%:1.31%
What is the significance of Rollover data?

Rollover in an important data point and should be analyzed in the expiry week. Rollover involves carry forwarding of ‘futures’ positions from one series (which is nearing expiry date) to the next one.

Rollover percentage actually indicates whether the traders are willing to carry forward their existing. positions (long or short) to the next series or not. Generally, the rollover figures alone will not indicate which direction traders are betting on. You should also check whether absolute open interest is increasing or decreasing over expiries

What is Options Max Pain Theory?

Options Max Pain Theory suggests,

“On option expiration day, the underlying stock price often moves toward a point that brings maximum loss to option buyers.”

Ratio Analysis

The Bank was incorporated in the year 2004 by Rana Kapoor and Late Ashok Kapur, which is a new age private sector bank. And since the inception of the bank has fructified into a “Full-Service Commercial Bank,” it has steadily built Corporate and Institutional Banking, Financial Markets, Investment Banking, Corporate Finance, Branch Banking, Business and Transaction Banking, and Wealth Management business lines across the whole country.

It is well-equipped to offer a spectrum of products and services to all the corporate and retail customers.

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Bulk Deals
Symbol Name Deal Date Client Name Transcation Type Quantity Price
GRASIM 2006-03-30 ABERDEN GLOBAL ASIA PACI P 580000.00 1994.00
GRASIM 2006-03-30 ABERDGEN INTL FUND ASIA S 580000.00 1994.00
GRASIM 2006-03-30 ABERDEN GLOBAL EMERGING P 39000.00 1994.00
GRASIM 2006-03-30 ABERDEN INTL EMERGING S 39000.00 1994.00
Block Deals
Symbol Name Deal Date Client Name Transcation Type Quantity Price
GRASIM 2017-10-27 MERRILL LYNCH CAPITAL MARKETS ESPANA SA SV S 201555.00 1198.00
GRASIM 2017-10-27 MERRILL LYNCH MARKETS SINGAPORE PTE. LTD. P 201555.00 1198.00
GRASIM 2017-07-18 MACQUARIE BANK LIMITED S 1125000.00 1303.00
GRASIM 2017-07-18 INDIA OPPORTUNITIES GROWTH FUND LTD - PINEWOOD STRATEGY P 1125000.00 1303.00
GRASIM 2016-03-22 CAMDEN INDUSTRIES LIMITED P 142220.00 3721.00
GRASIM 2016-03-22 KESORAM INDUSTRIES LTD S 142220.00 3721.00
Dividend history
Ex Date Amount
2019-08-08 7.00
2018-08-31 6.20
2017-09-08 5.50
2016-09-07 22.50
2015-09-03 18.00
2014-08-20 21.00
2013-07-31 22.50
2012-08-27 22.50
2011-09-06 20.00
2010-08-10 30.00
2009-07-24 30.00
2008-07-22 30.00
2001-05-28 8.00
Bonus Data
Company Name Split Date From Value To Value
Split Data
Company Name Split Date From Value To Value
GRASIM INDUSTRIES LTD. 2016-10-06 10.00 2.00