Grasim Industries Limited has reported its strongest-ever financial performance for FY26, driven by robust growth across building materials, cellulosic fibres, chemicals and emerging consumer businesses. The company achieved record consolidated revenue of ₹1,75,431 crore for the financial year, registering an 18% year-on-year increase, while EBITDA rose 29% to an all-time high of ₹25,872 crore.
Adjusted profit after tax grew 33% year-on-year to ₹5,203 crore, supported by operational efficiencies, scale expansion and improved profitability across multiple segments. The company also reported its highest-ever quarterly revenue and EBITDA during Q4 FY26 at ₹51,101 crore and ₹8,011 crore respectively.
On a standalone basis, revenue rose 30% year-on-year to ₹41,039 crore, supported by strong momentum in the paints business under the Birla Opus brand and continued growth of the B2B e-commerce platform Birla Pivot. EBITDA increased 25% to ₹3,558 crore despite continued investments in new growth businesses.
The company’s cellulosic fibres segment recorded strong recovery during the year, supported by improving demand conditions in China and rising specialty fibre exports. Revenue from the segment increased 14% year-on-year to ₹4,614 crore, while EBITDA doubled to ₹588 crore due to favourable product mix, volume growth and operational improvements.
The chemicals business also delivered stable growth, with revenue increasing 7% year-on-year to ₹2,458 crore. Improved profitability in caustic soda and chlorine derivatives contributed to EBITDA growth despite pressure from softer international caustic soda prices.
Building materials emerged as a major growth driver during the year. The segment reported record quarterly revenue of ₹30,042 crore during Q4 FY26, led by strong performances across cement, paints and B2B commerce operations.
UltraTech Cement crossed a major milestone during the year with total global cement capacity exceeding 205 million tonnes per annum, making it the world’s largest cement producer outside China. The business is targeting further expansion to over 240 million tonnes per annum by FY28.
Meanwhile, Birla Opus continued to strengthen its market presence in the decorative paints segment, supported by rapid dealer expansion, increasing contractor engagement and growing consumer awareness. The company stated that the paints business gained market share during the quarter and expanded distribution to more than 50,000 dealers across India.
Grasim also highlighted continued progress on sustainability initiatives. Recycled water usage increased significantly during FY26, while renewable energy capacity share rose to 24%. The company also introduced “Livaeco Lyocell,” a next-generation sustainable fibre developed through an advanced closed-loop production process. The Board of Directors has recommended a dividend of ₹10 per equity share for FY26.
The company stated that ongoing infrastructure development, manufacturing growth and the Government’s Viksit Bharat vision continue to create long-term opportunities across its businesses. With strategic investments across core industries and consumer-facing segments, Grasim aims to strengthen its role in India’s industrial and economic growth journey.
Grasim Industries Limited, the flagship company of the Aditya Birla Group, is among India’s top publicly listed enterprises. Established in 1947 as a textiles manufacturer, Grasim has grown into a diversified leader across multiple sectors. It is a global pioneer in Cellulosic Fibres and a prominent producer of Diversified Chemicals, Fashion Yarn, and Fabrics in India. Marking its next phase of growth, Grasim has ventured into the paints industry under the brand ‘Birla Opus,’ with three out of six planned decorative paint plants commencing operations in April 2024.
