Grasim Industries Profile
Key Indicators
- Authorised Capital ₹ 423.50 Cr
- Paid Up Capital ₹ 132.80 Cr
- Company Age 77 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1,300.00 Cr
- Satisfied Charges ₹ 9,609.84 Cr
- Revenue Growth 28.07%
- Profit Growth -30.40%
- Ebitda -1.13%
- Net Worth -3.42%
- Total Assets -0.73%
About Grasim Industries
Grasim Industries Ltd (GIL) was founded in India on 25 August 1947 and has a glorious history of 77 years and six months. Its registered office is in Ujjain, Madhya Pradesh, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500300 and on the National Stock Exchange(NSE) under GRASIM.
The Corporate was formerly known as The Gwalior Rayon Silk Manufacturing Weaving Company Limited. The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 423.50 Cr and a paid-up capital of Rs 132.80 Cr.
The company currently has active open charges totaling ₹1,300.00 Cr. The company has closed loans amounting to ₹9,609.84 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Grasim Industries Ltd India are Pavan Jain as CFO and Sailesh Daga as Company Secretary. Kumar Birla, Cyril Shroff, Adesh Kumar, and Eleven other members serve as directors at the Company.
Company Details
- Location
Ujjain, Madhya Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
What products or services does Grasim Industries Ltd offer?
Grasim Industries Ltd offers a wide range of products and services, including Soaps, Detergent Powder & Cakes, Sodium Silicate, Industrial Chemicals & Supplies, Monomer, Petroleum and Petrochemical Products, Liquid Paraffin, Flavours & Aromatics, Antioxidants, Yarns & Threads, Synthetic Fibers.
Who are the key members and board of directors at Grasim Industries?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pavan Jain | CFO | 15-Aug-2022 | Current |
Sailesh Daga  | Company Secretary | 01-Apr-2021 | Current |
| Harikrishna Agarwal | Managing Director | 01-Dec-2021 | Current |
Board Members (13)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Venkatadri Chandrasekaran | Director | 24-May-2021 | Current |
| Sushil Agarwal | Director | 27-Feb-2024 | Current |
| Rajashree Birla | Director | 14-Mar-1996 | Current |
| Kumar Birla | Director | 14-Oct-1992 | Current |
| Cyril Shroff | Director | 25-Jul-2000 | Current |
| Anita Ramachandran | Director | 14-Aug-2018 | Current |
Financial Performance of Grasim Industries.
Grasim Industries Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 28.07% increase. The company also saw a substantial fall in profitability, with a 30.4% decrease in profit. The company's net worth dipped by a decrease of 3.42%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Grasim Industries?
In 2023, Grasim Industries had a promoter holding of 42.75% and a public holding of 57.25%. The company had 8 Subsidiaries, 2 Joint Ventures and 3 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Vodafone Idea LimitedKumar Birla and Sushil Agarwal are mutual person
Svatantra Micro Housing Finance Corporation LimitedAnanyashree Birla is a mutual person
Krsnaa Diagnostics LimitedAdesh Kumar is a mutual person
Hindalco-Almex Aerospace LimitedYazdi Dandiwala is a mutual person
Godrej And Boyce Manufacturing Company LimitedAnita Ramachandran is a mutual person
Aditya Birla Capital LimitedKumar Birla and Sushil Agarwal are mutual person
Charges (Loans)
₹1,300.00 Cr
₹9,609.84 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 1300.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Sep 1997 | State Bank Of India | ₹1,300.00 Cr | Open |
| 27 Mar 2018 | Others | ₹294.92 Cr | Satisfied |
| 30 Dec 2016 | Others | ₹24.00 Cr | Satisfied |
| 26 May 2015 | Hdfc Bank Limited | ₹10.00 Cr | Satisfied |
| 26 May 2015 | Hdfc Bank Limited | ₹16.50 Cr | Satisfied |
How Many Employees Work at Grasim Industries?
Grasim Industries has a workforce of 21078 employees as of Sep 16, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Grasim Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Grasim Industries's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
