GRASIMBSEGrasim Industries LtdHighPositive
Announced Wed, 20 May · 14:45 IST

Recommended Dividend for the year ended 31st March 2026

Corporate Actions View source PDF

GRASIM · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+8.0%1-day move
₹2928.00
prior close
₹2963.60
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3+0.5+0.2+0.2+8.0+7.9+8.3+8.1+8.2+5.9+5.5+8.6+7.1
Up moveDown movePending
AI summary

Grasim Industries Board has recommended a dividend of ₹ 10 per equity share (500% on face value ₹ 2) for FY 2025-26, subject to shareholder approval at the AGM. Standalone revenue grew 30% year-on-year to ₹ 41,039 crore, while net profit increased 64% to ₹ 348 crore. Basic EPS improved to ₹ 5.14 from ₹ 3.18 in the previous year. The company also announced appointment of Deloitte Haskins & Sells as joint statutory auditor for five years, replacing BSR & Co. LLP. Additionally, BlackRock invested ₹ 1,000 crore in subsidiary Aditya Birla Renewables, which remains under Grasim's control.

Likely market impact

The recommended dividend of ₹ 10 per share signals continued shareholder returns. The strong improvement in revenue and profitability indicates a healthy financial position, though standalone net profit remains modest relative to revenue due to dividend income from subsidiaries being offset by other expenses.