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Grasim Industries Limited (500300) Fair Value & Analysis

Other · IN · Market cap ₹511B

GI Grasim Industries Limited 500300 · BSE
Price₹3,260
Fair Value₹957.48
Upside-70.6%
Quality35/100
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Expensive Growth
Thin margins · 4.7% net margin
Moderate debt
0.48% dividend yield
Trails peers (5/13)
Moderate moat 46/100
Evidence: High Range ₹718.11 – ₹1,197 Share as image

Fair value as of: Aug 14, 2026

From 16 valuation models · updated today

Share price +5.1% over the past month.

Below-average quality, and screening another 71% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (₹1,197). The favourable scenario is already priced in.
  • Weak quality (35/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (5 years)

₹3,358 ₹1,245 Fair Value ₹957.48 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 14, 2026.

How to read this chart

60‑month range ₹1,245 – ₹3,358 · fair‑value band ₹718.11 – ₹1,197 · the ₹3,260 price screens above the ₹957.48 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 14, 2026.

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Analysis

Grasim Industries Limited (500300) currently trades at ₹3,260, while our model-based Fair Value estimate is ₹957.48, implying the stock looks roughly 70.6% overvalued today. The Quality Score stands at 35/100 (below-average quality), in the Other sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Grasim Industries Limited generated revenue of ₹712B at a net margin of 4.7%. Revenue declined 0.2% year over year. The stock trades on a trailing P/E of 15.9 (as of Aug 14, 2026). Fundamentals as of Aug 14, 2026

Our scenario range runs from ₹718.11 (bear case) to ₹1,197 (bull case); at ₹3,260, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 4% below its 52-week high and 31% above its 52-week low, currently above its 200-day average. For context, the median of 10 Other peers we cover trades at -52% fair-value upside, at -71%, 500300 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income ₹1,118 ₹1,114 ₹1,015 76
ROIC Compounder ₹1,123 ₹1,891 ₹3,162 72
Gordon GGM ₹231.59 ₹505.59 ₹850.68 70
All 16 models by family
Earnings-Based
Graham-Dodd ₹382.99 ₹2,121 ₹2,944 54
Lynch FV ₹591.78 ₹845.40 ₹1,099 50
PEG = 1.0 ₹591.78 ₹845.40 ₹1,099 46
EPV ₹1,123 ₹1,644 ₹2,107 59
Dividend Discount
Gordon GGM ₹231.59 ₹505.59 ₹850.68 70
DDM Multi-Stage ₹231.59 ₹414.16 ₹526.91 61
Multiples
P/E Multiple ₹718.11 ₹957.48 ₹1,197 63
P/S Multiple ₹718.11 ₹957.48 ₹1,197 58
P/B Multiple ₹718.11 ₹957.48 ₹1,197 55
EV/EBIT ₹1,615 ₹2,764 ₹3,912 53
EV/EBITDA ₹1,366 ₹2,432 ₹3,497 54
EV/Revenue ₹538.34 ₹1,554 ₹2,569 43
Asset-Based
NCAV (Graham) ₹741.02 ₹992.97 ₹1,482 50
Economic Profit
Residual Income ₹1,118 ₹1,114 ₹1,015 76
ROIC Compounder ₹1,123 ₹1,891 ₹3,162 72
Growth Earnings
Growth-Adj P/E ₹810.17 ₹1,157 ₹1,505 68

Widest divergence: Growth Earnings (₹1,157) versus Dividend Discount (₹414.16). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) ₹712B
Revenue growth (YoY) -0.2%
Net margin 4.7%
P/E ratio 15.9 as of Aug 14, 2026
Operating margin 16.7%
EPS (TTM) ₹50.95
More key figures
Dividend yield 0.5%
EPS growth (YoY) -7.8%

Figures from reported company fundamentals · as of Aug 14, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 35/100

Of which business quality 32 · Market factors (momentum, volatility) 66

Profitability 23
Margins and returns on capital today
Quality Growth 48
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 30
Balance sheet, leverage, solvency risk
Investment 34
Disciplined investing over empire-building
Low Volatility 77
Calm price path (market factor)
Momentum 57
Price trend over the last 3–12 months (market factor)
52W Momentum 70
Distance to the 52-week high (market factor)
Net Issuance 76
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Grasim Industries Limited manufactures and sells of viscose staple fiber and filament yarn, chemical, fertilizers, textiles, insulators, and cement in India and internationally. The company operated through Viscose, Chemicals, Cement, Financial Services, and Other segment.

Full company description

Grasim Industries Limited manufactures and sells of viscose staple fiber and filament yarn, chemical, fertilizers, textiles, insulators, and cement in India and internationally. The company operated through Viscose, Chemicals, Cement, Financial Services, and Other segment. It offers viscose staple fiber, a man-made biodegradable fiber for use in apparels, home textiles, dress materials, knitted wear products, and non-woven applications; and rayon grade and wood pulp products; textile products that include linen and wool. The company also provides grey cement; white cement under the Birla White brand; ready mix concrete; and putty. In addition, it offers caustic soda, stable bleaching powder, polyaluminium chloride, chlorosulphonic acid, chlorinated paraffin wax, calcium chloride, and aluminium chloride, as well as epoxy products. Further, the company retails linen under the Linen Club Fabrics brand; and offers life insurance, asset management, private equity, corporate lending, structured finance, general insurance broking, wealth management, equity, currency and commodity broking, online personal finance management, housing finance, pension fund management, and health insurance services, as well as urea's, fertilizers, seeds, agrochemicals, plant and soil health products, and insulators under the Birla Shaktiman brand. It is also involved in solar power designing, engineering, procurement, and commissioning businesses. The company was founded in 1947 and is based in Nagda, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Grasim Industries Limited reported revenue of ₹1.5T in FY2025 versus ₹764B in FY2021, a compound +18.1%/yr. Reported net income was ₹37.1B in FY2025, compounding −3.7%/yr from FY2021.

Growth Quality 58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
₹1.5T
Latest YoY
+13.4%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+15.8%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+13.8%
Avg. growth/yr (11Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+15.9%
Revenue +18.1%/yr
FY21 ₹764B
FY22 ₹957B
FY23 ₹1.2T
FY24 ₹1.3T
FY25 ₹1.5T
Net income −3.7%/yr
FY21 ₹43.0B
FY22 ₹75.5B
FY23 ₹68.3B
FY24 ₹56.2B
FY25 ₹37.1B

500300 screens 71% overvalued. Compare with Federal Home Loan Mortgage Corporation →

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Cite: Fair Value Calculator (2026). "Grasim Industries Limited Fair Value". https://www.fairvalue-calculator.com/stock/500300

Peer Group

Other · 386 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 35 · Bottom 25%
Fair Value upside −71% · Bottom 25%
Return on assets 0% · Top 25%
Net margin (TTM) 5% · Top 25%
Operating margin (TTM) 17% · Top 25%
Revenue growth -0% · Bottom 25%
Dividend yield (TTM) 0.5% · Above median
Debt / equity 1.27× · Higher than 75% of peers

Valuation Multiples vs Other median · lower = cheaper

P/E (TTM) 15.9× · Pricier than median
P/B 0.52× · Pricier than median
P/S (TTM) 0.72× · Pricier than median
EV/EBITDA 11.0× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 10
FUTURE 0 · sector 0
PAST 0 · sector 0
HEALTH 36 · sector 97
DIVIDEND 10 · sector 0

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

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Frequently asked questions

Is Grasim Industries Limited (500300) overvalued or undervalued?
As of Aug 14, 2026, our model estimates a fair value of ₹957.48 versus a price of ₹3,260, about −71% (overvalued).
What is the fair value of 500300?
Our model-based fair value for Grasim Industries Limited is ₹957.48 (as of Aug 14, 2026), built from audited fundamentals. The current price is ₹3,260.
What is the quality score of 500300?
Grasim Industries Limited has a Quality Score of 35/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Grasim Industries Limited (500300)?
Grasim Industries Limited reported trailing-twelve-month revenue of about ₹712B (latest available figure, as of Aug 14, 2026).
What is the net profit margin of 500300?
The net profit margin of Grasim Industries Limited is about 4.7%, meaning it keeps roughly 4.7% of revenue as net income. Based on the latest reported figures.
Does Grasim Industries Limited pay a dividend?
Grasim Industries Limited currently shows a dividend yield of about 0.48% relative to its recent price (as of Aug 14, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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