Grasim Industries Promoters Acquire 2.01% Stake via Open Market Purchases

Key numbers

Stake Acquired	2.01%Promoter Group
Market Cap	₹2,13,840 CrLarge Cap
Revenue TTM	₹1,84,029 CrOperating
RSI	45.66Neutral Zone

Key highlights

• Acquisition of 1,36,82,270 equity shares conducted between February 2024 and September 2024
• Individual acquirers include Kumar Mangalam Birla and his children, along with Pilani Investment and Industries Corporation
• Promoter group holding increased from 43.06% to 45.07% following the market purchases
• Transactions were executed on the open market in compliance with SEBI SAST Regulations
• The company maintains a total diluted share capital of 68.05 crore equity shares

What the Promoters Bought

Between February 7, 2024, and September 24, 2026, members of the promoter group acquired 1,36,82,270 equity shares of Grasim Industries. The acquisition was executed through the open market, representing a 2.01% increase in stake. Key individual acquirers included Kumar Mangalam Birla, who added 6.46 lakh shares, while Pilani Investment and Industries Corporation Limited acquired the largest portion of 1.29 crore shares.

Additional purchases were made by Ananyashree Birla, Aryaman Vikram Birla, and Advaitesha Birla, who each acquired 36,800 shares during this period.

Shareholding Picture

• Prior to these transactions, the promoter group held 29,30,29,623 shares accounting for 43.06% of voting rights
• Post-acquisition holding has risen to 30,67,11,893 shares, equating to 45.07% of the total voting capital
• The filing indicates zero shares are held under encumbrances such as pledges or liens by the acquirers
• Birla Group Holdings Private Limited remains the single largest promoter entity with a 19.10% stake
• Institutional holding for the current quarter stands at 33.29%, while FII holding is 14.63%

Business Overview

Grasim Industries, a flagship company of the Aditya Birla Group, operates as a diversified conglomerate with a strong presence in several core sectors. It is a leading global producer of Viscose Staple Fibre and holds a dominant position in the Indian Chlor-Alkali and advanced materials markets. The company has recently expanded its portfolio by entering the decorative paints segment under the brand name Birla Opus.

Furthermore, Grasim acts as a holding company for major group entities, including UltraTech Cement and Aditya Birla Capital.

Financial Context

For the trailing twelve-month period, Grasim Industries reported an operating revenue of ₹1,84,028.86 crore and a net profit of ₹5,693.72 crore. The company currently trades at a price-to-earnings multiple of 37.56, compared to the industry average of 35.54 and a broader sector P/E of 32.99. Annual revenue growth stood at 17.79%, while net profit saw a year-on-year increase of 34.02%.

The company's price-to-book value is 1.99, supported by a net profit quarterly growth of 51.26% on a year-on-year basis.

Grasim Industries · financial snapshot

Share price	₹3142.3
Market capitalisation	₹2.14L Cr
Revenue (annual)	₹1.75L Cr
Net profit (annual)	₹4,966.48 Cr
P/E (TTM)	37.56×Sector 32.99×
Promoter holding	43.74%0.00% QoQ
FII holding	14.63%Current quarter

Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.