Grasim Industries vs Ultratech Cement: Share Price, Valuation and Results Compared

Grasim Industries Limited (NSE: GRASIM) and Ultratech Cement Ltd (NSE: ULTRACEMCO) are both listed in the Concrete industry. Grasim Industries has a market capitalisation of ₹2,07,349 Cr and Ultratech Cement ₹3,34,971 Cr, as of 9 Nov 2026. Their P/E ratios are 41.8 and 41 respectively. Return on equity is 6.29% for Grasim Industries and 10.59% for Ultratech Cement. Over one year, Grasim Industries's share price is up 9.3% and Ultratech Cement's is up 2.7%.

Grasim Industries vs Ultratech Cement — Key Figures

MetricGrasim IndustriesUltratech Cement
NSE SymbolGRASIMULTRACEMCO
BSE Code500300532538
Share Price₹3,169.70₹12,275.00
Market Cap₹2,07,349 Cr₹3,34,971 Cr
P/E Ratio41.841
Return on Equity6.29%10.59%
Return on Assets3.34%5.62%
Dividend Yield0.33%2.11%
Beta (1Y)0.460.52
1-Year Price Change+9.3%+2.7%
3-Month Price Change-6.2%+2.0%
52-Week Range₹2,502.50 – ₹3,411.10₹10,325.00 – ₹13,110.00
Latest QuarterQ1 FY27Q2 FY27
Quarterly Revenue₹48,716 Cr₹23,295 Cr
Quarterly Net Profit₹3,846 Cr₹1,504 Cr
Net Margin7.9%6.5%
EPS (Basic, Quarter)₹31.64₹50.78
Results Basisconsolidatedconsolidated
HeadquartersMumbai, MaharashtraMumbai, Maharashtra

The figures sit side by side and are not ranked. Quarterly figures are in ₹ crore, parsed from each company's exchange filing (XBRL); the two companies' latest quarters can differ.

About the Companies

Grasim Industries Limited

Grasim Industries Limited, together with its subsidiaries, primarily produces cellulosic fibres, diversified chemicals, fashion yarns, and fabrics in india and internationally. The company operates through Cellulosic Fibres, Chemicals, Building Materials, Financial Services, and Others segments. It offers cellulosic staple fibre; and cellulosic fashion yarn; chlor-alkali comprising caustic soda; chlorine derivatives, and specialty chemicals, that include epoxy polymers and curing agents. The company also provides grey cement, white cement-based putty, and ready-mix concrete; and decorative pai…

Ultratech Cement Ltd

UltraTech Cement Limited, together with its subsidiaries, engages in the manufacture and sale of clinker, cement, ready mix concrete, and related products in India, the United Arab Emirates, Bahrain, and Sri Lanka. The company offers ordinary Portland, Portland pozzolana, composite, Weather Plus, and Portland slag; white cement, wall care putty, and value-added products; ready-mix concrete; dry mix mortars, such as tile and marble binders, plasters and mortars, industrial and precision grouts, repair and rehabilitation, and flooring screed; and waterproofing products, including liquid and ceme…

Frequently Asked Questions

Which is larger by market cap, Grasim Industries or Ultratech Cement?

Ultratech Cement has a market capitalisation of ₹3,34,971 Cr, against ₹2,07,349 Cr for Grasim Industries as of 9 Nov 2026, about 1.6 times the size by market cap.

What is the P/E ratio of Grasim Industries and Ultratech Cement?

Grasim Industries has a P/E of 41.8 and Ultratech Cement a P/E of 41 as of 9 Nov 2026.

What is the return on equity of Grasim Industries and Ultratech Cement?

Grasim Industries has a return on equity of 6.29% and Ultratech Cement 10.59%.

How have Grasim Industries and Ultratech Cement shares moved over one year?

Grasim Industries's share price is up 9.3% over one year and Ultratech Cement's is up 2.7%.

What were the latest quarterly results of Grasim Industries and Ultratech Cement?

Grasim Industries reported revenue of ₹48,716 Cr and net profit of ₹3,846 Cr for Q1 FY27. Ultratech Cement reported revenue of ₹23,295 Cr and net profit of ₹1,504 Cr for Q2 FY27. Figures are parsed from each company's exchange filing.

Which industry are Grasim Industries and Ultratech Cement in?

Both are classified under Construction Materials > Concrete on FinBizNet.

Is this comparison a recommendation to buy or sell Grasim Industries or Ultratech Cement?

No. The page lays the two companies' published figures side by side and draws no conclusion from them. It is descriptive market data, not investment advice.

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Data as of 9 Nov 2026. Descriptive market data only — not investment advice.