Is Grasim Industries (GRASIM) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 101.0% / 30% | 15.9% / 30% | 5.0% / 30% | 0.34% / 5% | ✗ NOT HALAL |
| DJIM | 101.0% / 33% | 15.9% / 33% | 5.0% / 33% | 0.34% / 5% | ✗ NOT HALAL |
| MSCI | 37.2% / 33% | 5.8% / 33% | 1.8% / 33% | 0.34% / 5% | ✗ NOT HALAL |
| S&P | 101.0% / 33% | 15.9% / 33% | 5.0% / 33% | 0.34% / 5% | ✗ NOT HALAL |
| FTSE | 37.2% / 33% | 5.8% / 33% | 1.8% / 50% | 0.34% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 56.3% | |
| Operating Margin | 15.7% | |
| Net Margin | 2.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$171.7B |
| Free Cash Flow | -$343.5B |
| Total Debt | $1.9T |
| Debt-to-Equity | 126.6 |
| Total Assets | $5.0T |
Price & Trading
| Last Close | INR 2,647.80 |
| 50-Day MA | INR 2,774.09 |
| 200-Day MA | INR 2,791.05 |
| Avg Volume | 754K |
| Beta | 0.2 |
|
52-Week Range
INR 2,465.50
| |
About Grasim Industries (GRASIM)
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 paints comprising interior and exterior water- based paints, enamel paints, wood finishes, waterproofing solutions, and wallpapers under the Birla Opus brand name. In addition, it operates Birla Pivot, a business-to-business e-commerce platform for building and construction materials; and offers non-banking financial services, housing finance, asset management, and health and life insurance, protection, investments, advisory, and value-added services. Further, the company provides textile products, such as linen fabrics, wool tops and worsted yarn, and cotton fabrics under Linen Club, Cavallo, Soktas, and Giza House brands; manufactures and sells ceramic and composite insulators for transmission and distribution lines, sub-stations, power equipment, and railway electrification industries; and engages in generating clean energy using solar, wind, hybrid, and floating solar systems. The company was incorporated in 1947 and is based in Mumbai, India.
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Frequently Asked Questions
Is Grasim Industries (GRASIM) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Grasim Industries is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Grasim Industries's debt ratio?
Grasim Industries's debt ratio is 101.0% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 37.2%.
What are Grasim Industries's key financial metrics?
Grasim Industries has a market capitalization of $1.8T, trailing P/E ratio of 39.4, and revenue of $1.5T. The company maintains a gross margin of 56.3% and a net margin of 2.7%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.