Stock · GRASIM · Construction Materials
GRASIM share price target 2026
Support, resistance, the F&O structure and the BazaarBaazi Crack Score for Grasim Industries Limited, refreshed every end-of-day run. A systematic, data-only read on Grasim Industries Limited: where it trades versus its 50-day and 200-day lines, the live 52-week range, and momentum, refreshed from the scanner's real price series each run.
The verdict
BazaarBaazi reads GRASIM as constructive with a Crack Score of 87/100 as of 21 Jul 2026.
BazaarBaaziSource & method
The scanner's readScanned · scanned 21 Jul 2026
Where GRASIM stands on the 500-name BazaarBaazi setup scanner: technicals, filed fundamentals and money flow read together, refreshed every run.
Scanned and scored this run, but the evidence is incomplete or conflicted. The engine fails closed to NO_TRADE.
Technical axis
100/100Fundamental axis
100/100Money flow
49/100Result pulse · Q4 FY26
97/100Technical evidence
price above 50DMA
price above 150DMA
price above 200DMA
50 > 150 > 200 DMA (clean stack)
relative strength rising vs NIFTY
RS line near its highs (leadership)
RS slope +16.2% (3m)
outperforming and above 50DMA
Red flags
above 200DMA (not a confirmed short-side trend)
profit growth strong (+27.88% YoY)
strong filed result (score 97.0)
Relative valuation
P/E (TTM)
43.4P/E vs sector
+1.3%Sector percentile
56PEG
1.56Scanner levels from the deterministic engine run of 2026-07-21, not a SEBI-registered recommendation and not investment advice. The fundamental axis reads the official filing: Q4 FY26 result.
Price target: support and resistanceComputed 21 Jul 2026
Support and resistance for GRASIM are read inside the latest show; no spot was printed in the most recent editorial note.
Levels are read inside the latest show. The most recent editorial reference is Systematic Read on 21 Jul 2026.
These are structural reference lines, not a SEBI-registered price target. BazaarBaazi is independent media; the levels frame how the desk reads the GRASIM chart, refreshed every end-of-day run.
The Crack Score, and how it is built87 / 100 · High conviction
The Crack Score is a deterministic 0 to 100 conviction number. Here is exactly what moved it for GRASIM, so the figure is a transparent signal rather than a vibe.
Base 50, adjusted by the factors above and clamped to 0 to 100. How the Crack Score works.
About Grasim Industries LimitedBusiness profile
What GRASIM actually does, and the edge that holds its position.
Grasim is two very different bets stapled together: a holding company sitting on a controlling stake in UltraTech, India's largest cement maker, and an operating business that is the world's largest viscose staple fibre and filament yarn producer with a chemicals arm in chlorine and caustic soda. The newest and most-watched piece is Birla Opus, its frontal assault on India's organised paints market against entrenched incumbents. Because of that conglomerate structure, the share price reflects both its own operations and the value of its listed subsidiary stakes, which is the source of both its appeal and its perennial discount.
Grasim's viscose business enjoys a globally leading position in a segment with high capital barriers, benefiting from backward integration into pulp-like raw materials. Its cement exposure through UltraTech gives it scale-driven cost advantages in India's largest building material, while the holding-company structure gives financial flexibility across cycles.
The F&O viewHorizon · swing
How the futures and options structure on GRASIM reads right now.
The editorial price read on GRASIM is bullish. Strike-level option inventory is unavailable, so the page withholds writer, wall and pin claims. Single-stock F&O on GRASIM can be thinner than index F&O, so the desk weights price and filed evidence over raw OI. This is not a derivatives trade recommendation.
Why it movedLatest editorial line
The most recent BazaarBaazi read on what is driving GRASIM.
Systematic read: a disclosed, data-only model on real 1-year price structure.
Read in Systematic Read on 21 Jul 2026. Why GRASIM moved, the living explainer, tracks every move on one URL.
The 2026 to 2030 pictureStructural read
What genuinely drives GRASIM over a multi-year horizon. A structural read, not a price forecast.
Over 2026 to 2030 the market will focus on whether Birla Opus can establish itself as a credible third force in the organised paints market, which would add a new earnings stream to a conglomerate previously valued primarily for cement and VSF. The holding-company discount to sum-of-parts is the perennial structural issue; any value-unlocking event in the portfolio would be a re-rating catalyst. The risk is capital misallocation in the paints ramp-up compressing group returns. WHAT BAZAARBAAZI THINKS: You are buying UltraTech at a discount and getting a paints option thrown in, which is the honest way to frame this; the catch the Crack Score cannot price is that holding-company discounts can sit there for years without closing, and the heavy cash being poured into Birla Opus only pays off if it genuinely cracks a market two giants already own.
What to watch:
- Birla Opus dealer reach and revenue ramp versus incumbents
- UltraTech cement realisation and capacity utilisation as the largest NAV component
- VSF demand and fibre prices as a textile-cycle indicator
- Holding company discount to sum-of-parts NAV
- Capital allocation decisions across cement, VSF and paints
Peers and how to compare4 listed names
The listed names GRASIM is most often read against. Compare them on the same Crack Score and levels.
UltraTech Cement (subsidiary) · ULTRACEMCO
Read the ULTRACEMCO verdict and levels
Indo Bharat Rayon (VSF, listed)
Listed peer in the same space
Asian Paints (paints incumbent)
Listed peer in the same space
Berger Paints (paints, listed competitor)
Listed peer in the same space
Live valuation readQ4 FY26 earnings · live spot
P/E, P/B, yield and the quality set for Grasim Industries Limited, computed from the latest filed results times the live spot. The price-driven ratios (marked) refresh every session; ROE and margins hold until the next results.
P / E
43.4x
Earnings yield
2.30%
P / B
2.08x
P / S
1.23x
EV / EBITDA
11.9x
Dividend yield
0.31%
Market cap
Rs 2.16 lakh cr
Enterprise value
Rs 4.22 lakh cr
Stored from Grasim Industries Limited's filed results, as of 2026-07-21 and currency-checked. Price input Rs 3,179.80 from baked EOD spot. Open the calculator, move the price and watch every ratio react.
Latest filed resultsQ4 FY26
Grasim Industries Limited's most recent quarter, parsed straight from the official NSE filing. Every figure links back to its primary source.
Result Pulse
97 / 100Revenue
Rs 51,101 crNet profit
Rs 3,802 crEPS (quarter)
Rs 28.87| Growth | YoY | QoQ |
|---|---|---|
| Revenue | +15.4% | +15.3% |
| Net profit | +27.9% | +70.3% |
| Net margin | +7.4% | |
Figures are the Q4 FY26 result for Grasim Industries Limited, parsed straight from the official NSE integrated filing and verified to the paisa. The EPS shown is for the quarter, not a trailing-twelve-month figure, so it is not a P/E input.
Earnings history, every filed quarter32 quarters on record
Grasim Industries Limited's official quarterly revenue, EPS and Result Pulse trail, every quarter the desk holds from the verified filings export, back to 30 Jun 2018. These are quarterly facts, not TTM valuation inputs.
GRASIM official result trail
32 quarters
Quarterly figures only: revenue, net profit and EPS are copied from official filings. EPS here is not trailing twelve month EPS and is not used for valuation.
| Quarter | Revenue | EPS | PAT YoY | Pulse | Source |
|---|---|---|---|---|---|
| Q4 FY26ended 31 Mar 2026 / Consolidated, audited | Rs 51,101 cr | Rs 28.87 | n/a | n/a | Filing |
| Q3 FY26ended 31 Dec 2025 / Consolidated, audited | Rs 44,312 cr | Rs 15.28 | n/a | 60/100 | Filing |
| Q2 FY26ended 30 Sep 2025 / Consolidated, audited | Rs 39,900 cr | Rs 8.16 | n/a | n/a | Filing |
| Q1 FY26ended 30 Jun 2025 / Consolidated, audited | Rs 40,118 cr | Rs 20.91 | n/a | n/a | Filing |
| Q4 FY25ended 31 Mar 2025 / Consolidated, audited | Rs 44,267 cr | Rs 22.22 | n/a | n/a | Filing |
| Q3 FY25ended 31 Dec 2024 / Consolidated, audited | Rs 34,793 cr | Rs 13.47 | n/a | n/a | Filing |
| Q2 FY25ended 30 Sep 2024 / Consolidated, audited | Rs 33,563 cr | Rs 5.86 | n/a | n/a | Filing |
| Q1 FY25ended 30 Jun 2024 / Consolidated, audited | Rs 33,861 cr | Rs 18.25 | n/a | n/a | Filing |
| Q4 FY24ended 31 Mar 2024 / Consolidated, audited | Rs 37,727 cr | Rs 20.69 | n/a | n/a | Filing |
| Q3 FY24ended 31 Dec 2023 / Consolidated, audited | Rs 31,965 cr | Rs 23.08 | n/a | n/a | Filing |
| Q2 FY24ended 30 Sep 2023 / Consolidated, audited | Rs 30,221 cr | Rs 17.73 | n/a | n/a | Filing |
| Q1 FY24ended 30 Jun 2023 / Consolidated, audited | Rs 31,065 cr | Rs 24.01 | n/a | n/a | Filing |
| Q4 FY23ended 31 Mar 2023 / Consolidated, audited | Rs 33,462 cr | Rs 20.85 | n/a | n/a | Filing |
| Q3 FY23ended 31 Dec 2022 / Consolidated, audited | Rs 28,638 cr | Rs 38.33 | n/a | n/a | Filing |
| Q2 FY23ended 30 Sep 2022 / Consolidated, audited | Rs 27,486 cr | Rs 15.37 | n/a | n/a | Filing |
| Q1 FY23ended 30 Jun 2022 / Consolidated, audited | Rs 28,042 cr | Rs 29.44 | n/a | n/a | Filing |
| Q4 FY22ended 31 Mar 2022 / Consolidated, audited | Rs 28,811 cr | Rs 42.29 | n/a | n/a | Filing |
| Q3 FY22ended 31 Dec 2021 / Consolidated, audited | Rs 24,402 cr | Rs 26.60 | n/a | n/a | Filing |
| Q2 FY22ended 30 Sep 2021 / Consolidated, audited | Rs 22,564 cr | Rs 20.70 | n/a | n/a | Filing |
| Q1 FY22ended 30 Jun 2021 / Consolidated, audited | Rs 19,919 cr | Rs 25.39 | n/a | n/a | Filing |
| Q4 FY21ended 31 Mar 2021 / Consolidated, audited | Rs 24,399 cr | Rs 26.13 | n/a | n/a | Filing |
| Q3 FY21ended 31 Dec 2020 / Consolidated, audited | Rs 20,986 cr | Rs 21.07 | n/a | n/a | Filing |
| Q2 FY21ended 30 Sep 2020 / Consolidated, audited | Rs 18,400 cr | Rs 14.07 | n/a | n/a | Filing |
| Q1 FY21ended 30 Jun 2020 / Consolidated, audited | Rs 13,621 cr | Rs 3.60 | n/a | n/a | Filing |
| Q4 FY20ended 31 Mar 2020 / Consolidated, audited | Rs 19,902 cr | Rs 22.94 | n/a | n/a | Filing |
| Q3 FY20ended 31 Dec 2019 / Consolidated, audited | Rs 19,205 cr | Rs 10.36 | n/a | n/a | Filing |
| Q2 FY20ended 30 Sep 2019 / Consolidated, audited | Rs 18,430 cr | Rs 15.26 | n/a | n/a | Filing |
| Q1 FY20ended 30 Jun 2019 / Consolidated, audited | Rs 18,861 cr | Rs 18.75 | n/a | n/a | Filing |
| Q4 FY19ended 31 Mar 2019 / Consolidated, audited | Rs 20,965 cr | Rs 17.56 | n/a | n/a | Filing |
| Q3 FY19ended 31 Dec 2018 / Consolidated, audited | Rs 18,419 cr | Rs 14.57 | n/a | n/a | Filing |
| Q2 FY19ended 30 Sep 2018 / Consolidated, audited | Rs 16,795 cr | Rs -21.99 | n/a | n/a | Filing |
| Q1 FY19ended 30 Jun 2018 / Consolidated, audited | Rs 16,857 cr | Rs 16.98 | n/a | n/a | Filing |
The official financialsFiled to 31 Mar 2026
Grasim Industries Limited's statements as filed: trailing twelve month P&L, the balance sheet, and the cash engine. Parsed from official XBRL, shown in crore.
Trailing twelve months, on filed quarters
Revenue (TTM)
1,75,431 crNet profit (TTM)
10,300 crEBIT (TTM)
17,823 crProfit before tax (TTM)
14,283 crNet margin (TTM)
5.9%Finance costs (TTM)
3,540 crBalance sheet, as filed 2026-03-31
Total assets
5,69,555 crShareholder equity
1,69,865 crTotal borrowings
2,24,948 crCash and equivalents
2,798 crInventory
15,429 crTrade receivables
10,970 crThe cash engine, latest filed year
Operating cash flow
-17,810 crCapex
15,626 crFree cash flow
-33,436 crInvesting flow
-17,803 crFinancing flow
33,523 crAnnual trail, filed year over filed year
| Year | Revenue | Net profit | Equity | Borrowings | CFO |
|---|---|---|---|---|---|
| FY26 | 1,75,431 cr | 10,300 cr | 1,69,865 cr | 2,24,948 cr | -17,810 cr |
| FY25 | 1,48,478 cr | 7,756 cr | 1,57,813 cr | 1,83,649 cr | -17,170 cr |
| FY24 | 1,30,978 cr | 9,926 cr | 1,38,938 cr | 1,35,102 cr | -10,719 cr |
| FY23 | 1,17,627 cr | 11,078 cr | 1,22,913 cr | 1,01,348 cr | -12,685 cr |
| FY22 | 95,701 cr | 11,206 cr | 1,16,175 cr | 73,003 cr | 7,038 cr |
| FY21 | 76,398 cr | 6,987 cr | 1,02,562 cr | 62,525 cr | n/a |
Every figure is parsed from Grasim Industries Limited's official NSE XBRL filings by the BazaarBaazi earnings lab and shown in crore rupees. Display data, not a valuation model input.
Management on record32 earnings calls
Every GRASIM earnings call BazaarBaazi has indexed, latest 31 May 2026. Read management in its own words, straight from the filed transcript.
Grasim Industries Limited earnings calls on record
32 calls since 31 Aug 2018
Show 24 older calls
Each entry links to the transcript PDF the company filed with the exchange. Primary sources, in management's own words.
What changed58 disclosures
Every recent official filing from Grasim Industries Limited, straight from the exchange feed, with the BazaarBaazi Event Heat on the disclosure flow.
Grasim Industries Limited has filed 58 official disclosures recently. The most recent is a AGM / EGM dated 21 Jul 2026.
Event Heat
39 / 100Newspaper Advertisement regarding 79th Annual General Meeting of the Company
Letter to Shareholders pursuant to Regulations 30 and 36(1)(b) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015
Newspaper Advertisement regarding 79th Annual General Meeting of the Company
Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30th June 2026
Intimation regarding Record Date, Book Closure and Annual General Meeting
Acquisition of Solenergi Power Private Limited by Aditya Birla Renewables Limited, a subsidiary of the Company
Event Heat is a dated net read of Grasim Industries Limited's last 90 days of official disclosures, balancing the constructive filings against the ones to watch. It is a signal from what the company has filed, not investment advice. Every line above links to its official exchange filing, and the full market desk is at the disclosures hub.
Key fundamentalsEditorial reference
The anchor data BazaarBaazi references when reading the GRASIM chart. Not a substitute for a registered research note.
| Ticker | GRASIM |
|---|---|
| Full name | Grasim Industries Limited |
| Sector | Construction Materials |
| Index class | LARGE CAP |
| ISIN | INE047A01021 |
| Market-cap band | ~4.2 lakh cr (indicative) |
| Last referenced level | Inside latest show |
| Last session move | Not referenced this cycle |
| Editorial line in | Systematic Read on 21 Jul 2026 |
| Aliases tracked | GRASIM |
Reference chartLevels in show
The daily frame the desk reads on GRASIM.
FAQ16 reader questions · AEO-eligible
The line on GRASIM, distilled and schema-marked for AI Overview, Perplexity, and reader search.
What is the GRASIM share price target for 2026?
BazaarBaazi does not publish a SEBI-registered price target on GRASIM. The desk reads structural support and resistance inside each show against the printed spot; the most recent editorial line is Systematic Read on 21 Jul 2026.
What is BazaarBaazi's Crack Score for GRASIM?
The BazaarBaazi Crack Score for GRASIM is 87 out of 100 as of 21 Jul 2026, a high conviction reading. It is a computed conviction number from the signed stance, how consistent the recent verdicts have been, the quality of the printed structure, and how fresh the review is. It is a transparency signal, not investment advice.
What is the F&O view on GRASIM?
Strike-level option inventory for GRASIM is unavailable, so BazaarBaazi withholds participant, direction and positioning claims. The editorial chart stance is not substituted for an option-chain observation.
What sector is GRASIM in and which peers does BazaarBaazi track?
GRASIM sits in Construction Materials (large cap), indicative market cap ~4.2 lakh cr (indicative), ISIN INE047A01021. The peers BazaarBaazi reads alongside it are THE INDIA CEMENTS LIMITED, Nuvoco Vistas Corporation Limited, UltraTech Cement Limited. A systematic, data-only read on Grasim Industries Limited: where it trades versus its 50-day and 200-day lines, the live 52-week range, and momentum, refreshed from the scanner's real price series each run.
How often is the GRASIM view updated?
This page is one evergreen URL refreshed in place. The Crack Score and levels re-compute on every BazaarBaazi end-of-day run, and the dated stamp shows the last refresh. The latest signed verdict on GRASIM is bullish, published in Systematic Read on 21 Jul 2026.
Is Grasim a good long-term stock?
What drives this name is UltraTech's value compounding inside the holding plus the option that Birla Opus turns into a real third paints force, and the risk the Crack Score cannot fully capture is that the holding-company discount may simply never close while the paints cash burn runs ahead of returns. The Crack Score on this page reflects the current risk-reward on those drivers.
What is the Grasim share price target for 2030?
The 2030 case is really UltraTech's NAV path plus how much paints share Birla Opus actually wins, wrapped in a holding-company discount that can widen or close on sentiment alone, so no fixed target is honest. BazaarBaazi publishes a Crack Score that reflects the current structural balance rather than a number.
Why is Grasim share price falling?
Because so much of its value is UltraTech, weak cement realisations drag it down by reflection, while the Grasim-specific worries are the cash going into Birla Opus and bouts of holding-company de-rating when the market sours on conglomerate structures. Separate a cement-cycle move from a genuine doubt about the paints bet.
Is GRASIM a qualifying setup on the BazaarBaazi scanner right now?
On the 2026-07-21 run of the 500-name BazaarBaazi setup scanner, Grasim Industries Limited sits in the Scanned tier with a setup score of 84/100 (technical 100, fundamental 100). The scanner is a deterministic engine over real OHLCV and official filings, refreshed nightly, and it is a signal rather than investment advice.
Where can I read Grasim Industries Limited's earnings call transcripts?
BazaarBaazi indexes 32 GRASIM earnings calls going back to 2018-08-31, latest 2026-05-31. Every entry on this page links straight to the transcript PDF the company filed with the exchange, so you read management in the primary source.
What was Grasim Industries Limited's Q4 FY26 net profit?
Grasim Industries Limited reported a net profit of Rs 3,802 cr for Q4 FY26 (the quarter ended 31 March 2026). That is +27.9% year on year. The figure is from the company's official NSE filing.
What was Grasim Industries Limited's Q4 FY26 revenue?
Grasim Industries Limited reported revenue of Rs 51,101 cr for Q4 FY26. That is +15.4% year on year. The figure is from the company's official NSE filing.
How does BazaarBaazi rate Grasim Industries Limited's Q4 FY26 result?
BazaarBaazi gives Grasim Industries Limited's Q4 FY26 result a Result Pulse of 97 out of 100, with a verdict of Profit acceleration. The Result Pulse is a BazaarBaazi editorial score for the quality of the filed result, not investment advice.
What has Grasim Industries Ltd announced recently?
Grasim Industries Ltd's two most material recent disclosures are an agm / egm dated 21 Jul 2026, "Newspaper Advertisement regarding 79th Annual General…", and a regulatory dated 20 Jul 2026, "Letter to Shareholders pursuant to Regulations 30 and…". Both link to the company's own official filing on the BazaarBaazi stock page.
Has Grasim Industries Ltd declared a dividend recently?
Yes. Grasim Industries Ltd filed a dividend disclosure on 13 Jul 2026, filed as "Record date for the purpose of Dividend is 07-Aug-2026". Any amount shown is the exchange's own record, linked from the BazaarBaazi stock page. A dividend is a declared payout, not a forecast of future returns.
What did Grasim Industries Ltd's latest board meeting cover?
Grasim Industries Ltd's most recent board-meeting disclosure on record dated 16 Jul 2026 reads "Notice of Annual General Meeting to be held on August 21, 2026". That is the agenda as filed with the exchange, linked from the BazaarBaazi stock page, and BazaarBaazi adds no claim of its own to it.
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