Grasim Industries Reports Strong Q1FY27 Results Driven by Revenue Growth and Business Diversification

Grasim Industries Reports Strong Q1FY27 Results Driven by Revenue Growth and Business Diversification​

Grasim Industries Limited announced its financial results for the quarter ended 30th June 2026, showing robust growth across its diversified business segments. Consolidated revenue stood at ₹ 48,716 Cr., marking a 21% increase year-on-year (YoY). The company also reported an EBITDA of ₹ 8,077 Cr., up 26% YoY, and Adjusted PAT of ₹ 2,153 Cr., which saw a jump of 49% compared to the same period last year.

The consolidated financial performance highlights the strength of the company's operations:


In standalone terms, revenue for Q1FY27 reached ₹ 11,795 Cr., reflecting a 28% YoY rise. EBITDA more than doubled to ₹ 1,094 Cr., driven by the resilient performance of Core businesses such as Cellulosic Fibres and Chemicals. Growth areas like Paints and B2B E-commerce continued their rapid acceleration.

Segment Performance Highlights​

The Building Materials segment was a major contributor to the overall growth, with revenue reaching ₹ 28,835 Cr., up 21% YoY. This performance was underpinned by both the Cement business and the Decorative Paints vertical. UltraTech’s total grey cement capacity (India and Overseas) stands at 205.5 MTPA, with plans to expand it beyond 240 MTPA by March-28.

The decorative paints business, Birla Opus, generated revenue of ₹ 1,661 Cr., a significant increase of 64% YoY. This growth was facilitated by strong dealer onboarding and the company's differentiated retail ecosystem. Meanwhile, the B2B E-Commerce vertical, Birla Pivot, recorded revenue at ₹ 2,548 Cr., reflecting a 75% YoY rise and showing continued digital adoption among businesses.

Cellulosic Fibres generated revenue of ₹ 4,530 Cr., up 12% YoY, benefiting from improved global prices and favorable product mix. Operating rates in the China CSF market were reported at 93%, compared to 82% in Q1FY26. The segment achieved an EBITDA of ₹ 632 Cr., which was nearly double compared to Q1FY26, amid a healthier demand-supply scenario.

The Chemicals business maintained its trajectory with revenue reaching ₹ 2,640 Cr., up 10% YoY. The segment’s profitability improved, reporting an EBITDA of ₹ 491 Cr., up 16% YoY. Specialty Chemicals contributed significantly to this improvement, with its revenue share in the overall Chemicals segment expanding by 200 basis points (bps) to 30%.

Financial Services and Other Businesses​

Aditya Birla Capital continued strong growth across its financial services franchise. The total lending portfolio (NBFC and HFC) expanded to ₹ 2,19,289 Cr., registering a 32% YoY increase. Customer assets within the asset management and insurance businesses stood at ₹ 7,52,745 Cr.

Revenue from other businesses, which includes Textiles and Renewables, came in at ₹ 1,126 Cr., up 30% YoY. The Renewables business specifically saw revenue rise by 59% YoY to ₹ 307 Cr., while its EBITDA grew by 71% YoY to ₹ 250 Cr.

Sustainability and Capex​

The Company reported spending ₹ 375 Cr. on capital expenditure in Q1FY27. In terms of sustainability, the renewable capacity power share to total power requirement increased to 24% on a standalone basis, up from 23% in Q1FY26. The proportion of recycled water consumption stood at 50%.

GRASIM Stock Price Movement​

As of 3:10 PM, shares of Grasim Industries Limited are slipping by 0.97% in live trading, currently standing at ₹3290 as investors monitor the stock's movement. The equity’s performance remains dynamic, driven by earlier strength that allowed it to touch its 52-week high and sees over 1.5 million shares traded so far today.