Screening rules
Why it screened this way
✗
Debt is 119.0% of 36m avg market cap (limit: <33%).
✗
Debt is 107.1% of current market cap (limit: <33%).
NSECementIndia
Grasim Industries Limited
Non-Compliant₹2,553
-1.54% today · Day ₹2,514 – ₹2,575 · NSE (public)
This stock doesn't meet 2 Shariah rules. See below to understand why.
68/100
Non-Compliant
This stock doesn't meet 2 Shariah rules. See below to understand why.
Market Cap₹1.7 L
Revenue₹1.5 L
Total Debt₹1.9 L
Debt / Mcap119.05%
Non-Halal Income0.34%
SectorCement
Price Chart
Loading chart...
52-Week Range17% from low
52-Week Low₹2,466
52-Week High₹2,979
Prev Close₹2,593
Multi-Methodology Screening
Screened against 3 international Shariah standards
ConsensusNon-Compliant0/3 pass
S&P Shariah IndicesNon-Compliant
Debt Ratio119.0%/ 33.0%
Non-Halal Income0.3%/ 5.0%
Interest Income0.3%/ 5.0%
Receivables5.3%/ 33.0%
Cash & IB Securities5.8%/ 33.0%
SectorAllowed
Debt is 119.0% of 36m avg market cap (limit: <33%).
Debt is 107.1% of current market cap (limit: <33%).
AAOIFI StandardsNon-Compliant
Debt Ratio37.2%/ 30.0%
Non-Halal Income0.3%/ 5.0%
Interest Income0.3%/ 5.0%
Receivables1.8%/ 49.0%
Cash & IB Securities5.8%/ 30.0%
SectorAllowed
Debt is 37.2% of total assets (limit: <30%).
Debt is 37.2% of current total assets (limit: <30%).
FTSE Yasaar (Maxis)Non-Compliant
Debt Ratio37.2%/ 33.0%
Non-Halal Income0.3%/ 5.0%
Interest Income0.3%/ 5.0%
Receivables1.8%/ 50.0%
Cash & IB Securities5.8%/ 33.0%
SectorAllowed
Debt is 37.2% of total assets (limit: <33%).
Debt is 37.2% of current total assets (limit: <33%).
Each methodology uses different denominators and thresholds. A stock may be compliant under one standard but not another. The consensus reflects the majority verdict across all three.
Compliance check
Green = safe, amber = close to limit, red = over the limit
Debt level
119.05%Current debt
107.14%Income purity
0.34%Interest earned
0.34%Similar stocks
Other stocks in Cement