Grasim Industries reported a stellar FY26, achieving record-breaking revenue of ₹1,75,431 Cr and an all-time high EBITDA of ₹25,872 Cr, representing a 29% YoY growth. The company’s performance was bolstered by robust contributions from its diverse business segments, including Building Materials, Financial Services, and Cellulosic Fibres. With a 33% increase in Adjusted PAT, the firm continues to solidify its position as a key contributor to India’s economic growth.
Financial Highlights of FY26
For the fiscal year ended 31st March 2026, Grasim Industries achieved a significant financial milestone. Consolidated revenue surged to ₹1,75,431 Cr, an 18% increase YoY, while EBITDA rose to ₹25,872 Cr. The company’s Adjusted PAT also grew by 33% to ₹5,203 Cr. In the final quarter, Q4FY26, revenue reached ₹51,101 Cr, marking a 15% YoY growth, driven by superior operational efficiency across all core segments.
Building Materials and Infrastructure
The building materials segment, comprising Cement, Paints, and B2B E-commerce, reported a record quarterly revenue of ₹30,042 Cr, up 19% YoY. UltraTech Cement achieved a major milestone, with total capacity crossing 200 mtpa, cementing its position as the world’s largest cement company outside China. The paints business, Birla Opus, demonstrated impressive growth, capturing an additional 90 bps market share QoQ and reaching 90% consumer brand awareness.
Diversified Growth Engines
Grasim’s other key segments also showed strong momentum:
- Cellulosic Fibres: Segment revenue grew 14% YoY to ₹4,614 Cr, with EBITDA doubling to ₹588 Cr due to higher volume growth and favorable product mixes.
- Financial Services: Aditya Birla Capital reported a 10% YoY revenue growth to ₹13,422 Cr, with the total lending portfolio reaching a record ₹2,07,368 Cr, up 32% YoY.
- B2B E-commerce: The Birla Pivot platform saw revenue more than double on a YoY basis, benefiting from expanded product categories and new buyer acquisition.
Strategic Outlook and Sustainability
Looking ahead, Grasim continues to invest in sustainable growth. The company successfully increased its recycled water usage to 51% and boosted its renewable power capacity to 24%. To reward shareholders, the Board of Directors has recommended a dividend of ₹10 per equity share on a ₹2 face value. The company remains committed to supporting India’s ‘Viksit Bharat’ initiative through continued investments in capacity expansion and digital innovation.
Source: BSE
