Comparison · NSE · data 2026-11-01
Ambuja Cements Limited vs Grasim Industries Ltd.
In plain words
Size: Grasim Industries Ltd. is about 2.3 times the market value of Ambuja Cements Limited.
Valuation (P/E): Grasim Industries Ltd. 35.6 vs Ambuja Cements Limited 30.8.
Return on equity: Ambuja Cements Limited 8.4% vs Grasim Industries Ltd. 4.9%.
Profit growth over 3 years: Ambuja Cements Limited 31.8% a year vs Grasim Industries Ltd. -10.1% a year.
Debt to equity: Grasim Industries Ltd. 2.2 vs Ambuja Cements Limited 0.01.
Differences in the numbers, not a recommendation of either stock.
Side by side
| AMBUJACEM | GRASIM | |
|---|---|---|
| Price | ₹348.05 | ₹2,981.4 |
| Market cap | ₹86,596 cr | ₹2,01,687 cr |
| P/E | 30.8 | 35.6 |
| P/B | 1.5 | — |
| ROE | 8.4% | 4.9% |
| ROCE | 4.2% | 8.2% |
| Debt / equity | 0.01 | 2.2 |
| Operating margin | 4.2% | 21.3% |
| Dividend yield | 0.57% | 0.34% |
| Sales growth, 3 years (yearly) | 9.3% | 14.3% |
| Profit growth, 3 years (yearly) | 31.8% | -10.1% |
| 1-year return | -39.4% | 0.7% |
| Revenue, last 12 months | ₹39,712 cr | ₹1,84,029 cr |
| Net profit, last 12 months | ₹2,804 cr | ₹5,694 cr |
| Latest quarter | Sept 2022 | Jun 2026 |
| Quarter net profit | ₹93 cr | ₹2,146 cr |
| Quarter profit vs a year earlier | — | +51.3% |
| Promoter holding | 67.33% | 45.20% |
| Health check | Average (4.4/10) | Average (4.7/10) |
Common questions
Which has a higher P/E, Ambuja Cements Limited or Grasim Industries Ltd.?
Grasim Industries Ltd. trades at the higher P/E (35.6 against 30.8). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Ambuja Cements Limited (8.4% against 4.9%).
Which carries more debt?
Grasim Industries Ltd. has the higher debt-to-equity ratio (2.2 against 0.01).