- Grasim Industries reported a net loss of 1.7 billion rupees, contrasting with a profit of 2.36 billion rupees in the previous year.
- The estimated net loss was 1.31 billion rupees, indicating that the actual loss exceeded expectations.
- Company revenue reached 81.2 billion rupees, marking a 27% increase from the prior year, surpassing the estimated 80.12 billion rupees.
- Viscose segment revenue was 39.3 billion rupees, a 5.9% increase year-over-year, though it fell short of the 40.94 billion rupees estimate.
- Chemicals segment revenue was 22.3 billion rupees, up 12% year-over-year, beating the estimated 21.6 billion rupees.
- Total costs increased significantly by 35% from the previous year to 84.5 billion rupees.
- Raw material costs were 38.4 billion rupees, a 23% increase from the prior year, and lower than the estimated 42.1 billion rupees.
- Other income decreased by 15%, amounting to 1.02 billion rupees.
- Analysts provide 5 buy recommendations, 3 hold, and 1 sell for Grasim Industries‘ stock.
A look at Grasim Industries Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Grasim Industries Limited, part of the renowned Aditya Birla group, is poised for a promising long-term outlook as per Smartkarma Smart Scores. With a strong value score and impressive momentum, the company exhibits robust fundamentals and positive market sentiment. While its dividend and growth scores are moderate, indicating stable performance and potential for expansion, Grasim’s resilience score highlights its ability to withstand economic fluctuations. Overall, Grasim Industries stands out as a solid investment choice with a well-rounded profile across key factors.
Grasim Industries Limited, belonging to the diverse Aditya Birla group, is known for its wide array of products such as Viscose Staple Fiber (VSF), cement, chemicals, and textiles. The company’s strong emphasis on value and momentum, coupled with its solid presence in various sectors, positions it favorably for long-term growth and sustainability. Despite facing challenges in terms of resilience, Grasim’s overall Smartkarma Smart Scores paint a positive picture for investors looking for a stable and potentially rewarding investment opportunity in the market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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