GRASIMNSEGrasim Industries Limited· Cement And Cement ProductsMediumNeutral
Announced Fri, 8 Aug · 14:23 IST

Grasim Industries Limited has informed the Exchange about Investor Presentation

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

GRASIM · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Grasim Industries reported strong Q1FY26 consolidated results with revenue up 16% YoY to ₹40,118 Cr. and EBITDA up 36% YoY to ₹6,430 Cr., driven by Cement and Chemicals. Cement (UltraTech) volumes grew 9.7% YoY to 36.8 million tons with operating EBITDA per ton rising 37% YoY to ₹1,248, while Chemicals revenue increased 16% YoY to ₹2,391 Cr. with EBITDA up 36% YoY. The Cellulosic Fibres segment remained a weak spot, with EBITDA down 20% YoY to ₹322 Cr. due to higher input costs and low-priced imports from China. Paints business (Birla Opus) posted double-digit QoQ revenue growth, expanded to 8,000+ towns, and the Kharagpur plant trial run commenced ahead of Q2FY26 commercial launch. Net debt to TTM EBITDA improved to 1.62x from 1.77x, and cumulative Paints capex stood at ₹9,555 Cr. as of June 30, 2025.

Likely market impact

Broad-based growth and margin expansion in core businesses reinforce Grasim's diversified earnings story, though pressure in Cellulosic Fibres remains a near-term drag. The improving leverage profile and strong Paints scale-up are positive for long-term shareholders.