GRASIM INDUSTRIES LTD

Grasim Industries Limited reported its Q1 FY27 earnings during an earnings call on August 12, 2026. Management highlighted that the company achieved record revenues of INR 48,716 crores, reflecting a 21% year-over-year growth and marking the 24th consecutive quarter of revenue growth. Standalone revenues grew 28% year-on-year to INR 11,795 crores, with EBITDA more than doubling to INR 1,094 crores. The paints segment, Birla Opus, saw a 64% increase in revenue to INR 1,661 crores, while the B2B e-commerce business, Birla Pivot, grew 75% year-on-year to INR 2,548 crores. Management noted challenges in the global economy, including inflation and geopolitical tensions, but emphasized India's resilience and growth potential. The company also discussed its strategic focus on expanding market share and profitability across its various business segments, including chemicals and cellulosic fibers, while maintaining a strong balance sheet with a net debt to EBITDA ratio of 1.45 times.

Management emphasized strong revenue growth and strategic business performance.