GRASIM · NSE
Grasim Industries
Phase 2 · Hyper Growth
Revenue is growing fast; the company is approaching cash-flow break-even but is not there yet.
Phase 1
Startup
Phase 2
Hyper Growth
Phase 3
Operating Leverage
Phase 4
Capital Return
Phase 5
Decline
Revenue growth (YoY)
18.2%
Mar 2026 vs Mar 2025
Net profit growth (YoY)
32.8%
Operating cash flow
-₹17810 Cr
Mar 2026
Returning capital?
Yes
Last dividend ex-date 2026-08-06
Revenue, profit & operating cash flow
₹ crore, by fiscal year
RevenueNet profitOperating cash flowRevenue ends at ₹175431 Cr. Net profit ends at ₹10300 Cr. Operating cash flow ends at -₹17810 Cr.
Judge management on
Growth & margins — is revenue growth converting into improving unit economics?
Key metric to watch
Operating margin trend and progress toward cash-flow break-even.
Typically valued on
Revenue or gross-profit multiples, since earnings are still thin or negative.
| Fiscal year | Revenue | Net profit | Operating cash flow |
|---|---|---|---|
| Mar 2021 | ₹76404 Cr | ₹6987 Cr | ₹15075 Cr |
| Mar 2022 | ₹95701 Cr | ₹11206 Cr | ₹7038 Cr |
| Mar 2023 | ₹117627 Cr | ₹11078 Cr | -₹12685 Cr |
| Mar 2024 | ₹130978 Cr | ₹9926 Cr | -₹10719 Cr |
| Mar 2025 | ₹148478 Cr | ₹7756 Cr | -₹17170 Cr |
| Mar 2026 | ₹175431 Cr | ₹10300 Cr | -₹17810 Cr |
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