Grasim Industries Limited operates within the Cement, hydraulic sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Grasim Industries Limited with three other
cement and concrete producers in Asia:
Ultra Tech Cement Limited
(2020
sales of 415.89 billion Indian Rupees [US$5.54 billion]
of which 100%
was Cement),
Taiheiyo Cement Corporation
of JAPAN
(884.35 billion Japanese Yen [US$8.12 billion]
of which 70%
was Cement Business), and
Tangshan Jidong Cement Co.
which is
based in CHINA
(35.42 billion Chinese Renmimbi [US$5.42 billion]
of which 78%
was Cement).
Sales Analysis.
During the year ended March of 2020, sales at
Grasim Industries Limited were 776.25 billion Indian Rupees (US$10.34 billion).
This
is
an
increase of 6.4%
versus 2019, when the company's sales were 729.71 billion Indian Rupees .
This was the third consecutive year of growth at Grasim Industries Limited.
Sales of Cement saw an increase
that was more than double the company's growth rate: sales were up
12.8% in 2020, from
367.58 billion Indian Rupees to 414.58 billion Indian Rupees .
Grasim Industries Limited also saw significant increases in sales in
Financial Services (up 11.1% to 166.85 billion Indian Rupees )
.
Not all segments of Grasim Industries Limited experienced an increase in sales in 2020:
sales of Chemicals fell 14.9% to 46.08 billion Indian Rupees .
Grasim Industries Limited also experienced decreases in sales in
Viscose Staple Fiber (down 10.8% to 91.21 billion Indian Rupees )
.