The foundation of our Group rests on a philosophy of trusteeship, which imagines corporations as institutions that drive collective prosperity. This philosophy has played an integral role in shaping our actions for generations, guiding us in our quest to enrich lives. Over the years, this purpose, though unstated, has been our unwavering anchor.
Kumar Mangalam Birla
Chairman
I am delighted to present to you the Annual Integrated Report of Grasim Industries Ltd. for FY23. With our eyes firmly set on the future, Grasim Industries Limited entered a new phase of growth as it celebrated its distinguished journey of 75-years of existence last year.
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Harikrishna Agarwal
Managing Director
Grasim, the flagship Company of the Aditya Birla Group (ABG), has evolved into a leading diversified player. Having begun our journey as a textile manufacturer in 1947, today we are the leading global producer of VSF, and the largest Chlor-Alkali, Speciality Chemicals (Epoxy Polymers and Curing Agents), VFY and Linen Textiles player in India
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A business runs on various enablers that give it the courage to
spread its wings and achieve greater ambitions. We understand
that sustainable businesses with long-term viability must use
the six capitals at their disposal to generate and sustain value
for their stakeholders.
Financial resources that the Company already has or obtains through financing
Revenue growth
Market capitalisation
(` crore) (31st March 2023)
Consolidated revenue
(` crore)
Tangible assets used by the Company to conduct its business activities
Capacity utilisation (VSF and Chlor-Alkali Business)
Capex expenditure
(` crore)
Intangible, knowledge-based assets
R&D expenditure
(` crore)
Patents granted
R&D centres
Natural resources impacted by the Company’s activities
Trees planted
Reduction in freshwater withdrawal intensity
Reduction in energy consumption intensity
Ability to share, relate and collaborate with stakeholders, promoting community development and well-being
Beneficiaries
School / Hospital run by Company
Materials procured from local vendors
Employee knowledge, skills, experience and motivation
Permanent employees
Female addition
Total training hours
Grasim’s diversified portfolio enables us to provide an extensive array of products and services to cater to the needs of our customers.
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Enrich lives by building dynamic and responsible businesses and institutions that inspire trust" is at the heart of everything we do, shaping our strategies and driving our decisions.
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