Comparison · NSE · data 2026-10-30
Grasim Industries Ltd. vs Shree Cement Limited
In plain words
Size: Grasim Industries Ltd. is about 2.4 times the market value of Shree Cement Limited.
Valuation (P/E): Shree Cement Limited 52.4 vs Grasim Industries Ltd. 35.6.
Return on equity: Shree Cement Limited 7.8% vs Grasim Industries Ltd. 4.9%.
Profit growth over 3 years: Shree Cement Limited 11.1% a year vs Grasim Industries Ltd. -10.1% a year.
Debt to equity: Grasim Industries Ltd. 2.2 vs Shree Cement Limited 0.08.
Differences in the numbers, not a recommendation of either stock.
Side by side
| GRASIM | SHREECEM | |
|---|---|---|
| Price | ₹2,981.4 | ₹22,995 |
| Market cap | ₹1,98,403 cr | ₹83,421 cr |
| P/E | 35.6 | 52.4 |
| P/B | — | 3.5 |
| ROE | 4.9% | 7.8% |
| ROCE | 8.2% | 7.5% |
| Debt / equity | 2.2 | 0.08 |
| Operating margin | 21.3% | 7.6% |
| Dividend yield | 0.34% | 0.65% |
| Sales growth, 3 years (yearly) | 14.3% | 5.4% |
| Profit growth, 3 years (yearly) | -10.1% | 11.1% |
| 1-year return | 0.7% | -21.3% |
| Revenue, last 12 months | ₹1,84,029 cr | ₹23,031 cr |
| Net profit, last 12 months | ₹5,694 cr | ₹1,583 cr |
| Latest quarter | Jun 2026 | Sept 2026 |
| Quarter net profit | ₹2,146 cr | ₹262 cr |
| Quarter profit vs a year earlier | +51.3% | -15.1% |
| Promoter holding | 45.20% | 62.55% |
| Health check | Average (4.6/10) | Weak (3.4/10) |
Common questions
Which has a higher P/E, Grasim Industries Ltd. or Shree Cement Limited?
Shree Cement Limited trades at the higher P/E (52.4 against 35.6). 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?
Shree Cement Limited (7.8% against 4.9%).
Which carries more debt?
Grasim Industries Ltd. has the higher debt-to-equity ratio (2.2 against 0.08).