|
02 Oct 2025 |
Grasim Industries
|
Consensus Share Price Target
|
2789.70 |
3250.36 |
- |
16.51 |
buy
|
|
|
|
|
16 Nov 2022
|
Grasim Industries
|
ICICI Securities Limited
|
2789.70
|
1820.00
|
1727.50
(61.49%)
|
Target met |
Accumulate
|
|
|
Grasim Industries’ (Grasim) Q2FY23 standalone EBITDA at Rs9.6bn (up 19% YoY) was below our / consensus estimates. VSF EBITDA fell to ~Rs15/kg (calculated) from Rs21/kg QoQ and Rs33/kg YoY owing to inflation in pulp, caustic soda, fuel, etc.
|
|
30 Aug 2022
|
Grasim Industries
|
Motilal Oswal
|
2789.70
|
1880.00
|
1685.00
(65.56%)
|
Pre-Bonus/
Split |
Buy
|
|
|
|
|
15 Aug 2022
|
Grasim Industries
|
ICICI Securities Limited
|
2789.70
|
1725.00
|
1622.60
(71.93%)
|
Target met |
Accumulate
|
|
|
Grasim Industries’ (Grasim) Q1FY23 standalone EBITDA at Rs13.2bn (up 78% YoY) was significantly above our / consensus estimates led by higher VSF volumes (94% utilisation of expanded capacities) and record profitability (30% EBITDA margins) in chemicals.
|
|
01 Jun 2022
|
Grasim Industries
|
Geojit BNP Paribas
|
2789.70
|
1506.00
|
1339.45
(108.27%)
|
Target met |
Hold
|
|
|
|
|
25 May 2022
|
Grasim Industries
|
SMC online
|
2789.70
|
|
1396.70
(99.74%)
|
Pre-Bonus/
Split |
Results Update
|
|
|
|
|
25 May 2022
|
Grasim Industries
|
Sharekhan
|
2789.70
|
1740.00
|
1428.60
(95.28%)
|
Target met |
Buy
|
|
|
|
|
16 Feb 2022
|
Grasim Industries
|
SMC online
|
2789.70
|
|
1722.75
(61.93%)
|
Pre-Bonus/
Split |
|
|
|
to Rs 12,984.93 crore (accounting for 52.19% of total sales). Sales of Chemicals - Caustic Soda 2.51% of total sales). Sales of Financial Services segment has gone up 11.53% to Rs 5,599.93 crore (accounting for 22.51% of total sales). Sales of Viscose - Pulp,Viscose Staple Fibre and Filament Yarn segment has gone up 55.49% to Rs 3,335.44 crore (accounting for 13.40% of...
|
|
06 Jan 2022
|
Grasim Industries
|
Motilal Oswal
|
2789.70
|
2050.00
|
1797.65
(55.19%)
|
Pre-Bonus/
Split |
Buy
|
|
|
Focus on backward integration in the Chemical segment should improve chlorine usage as Grasim plans to increase chlorine consumption in value added products (VAPs) to 40% by FY25E from 28% in FY21. Chemical segment's OPM should improve to 19% in FY23E from 13% in FY21. Further, likely capacity expansions of 37%/33% in the VSF/Caustic soda segments, respectively, should improve volume/profits during FY22-24E. We estimate a 16%/15% volume CAGR for the VSF/Chemical business, respectively, over FY21-24. Grasim's plan to augment the capex of its Paints business indicates its intent of...
|
|
17 Nov 2021
|
Grasim Industries
|
Geojit BNP Paribas
|
2789.70
|
1971.00
|
1774.50
(57.21%)
|
Pre-Bonus/
Split |
Hold
|
|
|
Strong-demand momentum, increase in prices and capacity expansion remain key growth drivers. However, higher energy, raw material, and logistics costs are expected to put pressure on margins. Hence, we...
|
|
15 Nov 2021
|
Grasim Industries
|
SMC online
|
2789.70
|
|
1774.50
(57.21%)
|
Pre-Bonus/
Split |
|
|
|
businesses. Backed by strong demand, realisation and volumes have improved in key businesses, offsetting the cost increase. Grasim's consolidated revenue for Q2FY22 was up 26 per cent at Rs 22,564.22 crore as against Rs.17949.53 crore during the corresponding quarter last year. Consolidated PBIDTA grew 12% to Rs 5,289.87 crore in Q2 FY22 as against Rs 4,439.51 crore in Q2 FY21. The demand momentum picked up in Q2 FY22 and continued thereafter across all businesses. Realisation and volumes have improved in key businesses on account of strong...
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