GRASIMNSEGrasim Industries Limited· Cement And Cement ProductsMediumNeutral
Announced Mon, 25 May · 16:34 IST

Grasim Industries Limited has informed the Exchange about Transcript

Mgmt Guided Margin ImprovementMgmt Guided Margin PressureOrder Pipeline DisclosedAnalyst Day Multiyear TargetsInvestor Communications View source PDF

GRASIM · price

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₹3172.00
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AI summary

Grasim Industries held its Q4 FY26 earnings call covering strong performance across businesses. Consolidated revenue reached INR 1,75,431 crores with 18% CAGR over FY21-26. Birla Opus (paints) delivered 52% YoY revenue growth in Q4 and doubled full-year revenue to 10% market share, positioning the company near the number 2 spot in decorative paints. Birla Pivot (B2B e-commerce) more than doubled revenue YoY and is on track for EBITDA breakeven in FY27. UltraTech Cement crossed 200 million TPA capacity, becoming the world's largest cement company outside China. Aditya Birla Capital approved INR 4,000 crore capital raise with Grasim investing INR 2,880 crore to maintain its 52.3% stake. The Board announced a 500% dividend (INR 10 per share) marking the 63rd consecutive year of uninterrupted dividends. Raw material costs have risen 20-25% of COGS due to crude volatility and currency depreciation, prompting multiple price hikes in paints.

Likely market impact

Grasim is transitioning from a manufacturing leader to a diversified platform with multiple growth engines. The paints business is gaining market share ahead of schedule, while B2B e-commerce is scaling rapidly. The company remains committed to its INR 10,000 crore paints revenue target while managing raw material cost pressures through price increases.