Grasim Industries reported a consolidated EBITDA of ₹8,077 crore for the quarter ended June 30, 2026, marking a new high and rising 26% year-on-year. Consolidated revenue grew 21% to ₹48,716 crore, while adjusted profit after tax (PAT) surged 49% to ₹2,153 crore. The strong performance was driven by robust growth across its diversified portfolio, particularly in building materials and financial services, signaling resilient demand and effective cost management. This result underscores the company’s ability to generate significant operating leverage even as it navigates macroeconomic headwinds.

The Board of Directors, chaired by Managing Director Himanshu Kapania, approved the unaudited results on August 12, 2026, in compliance with SEBI Listing Regulations. Joint statutory auditors B S R & Co. LLP and KKC & Associates LLP conducted a limited review. Standalone revenue reached an all-time high of ₹11,795 crore, up 28% year-on-year, with standalone net profit turning positive at ₹246.65 crore compared to a loss of ₹118.18 crore in the previous year.

Financial Performance Highlights

Consolidated operating margins improved to 16.14% from 15.41% in the prior year period. The adjusted PAT growth outpaced revenue expansion, reflecting operational efficiency. Standalone EBITDA more than doubled to ₹1,094 crore, up 107% year-on-year, supported by favorable product mix and pricing in core businesses. Net debt to trailing twelve-month (TTM) EBITDA stood at 1.45x as on June 30, 2026, improving from 1.62x a year ago, indicating better leverage management despite increased borrowing.

Segment-wise Contribution

The Building Materials segment remained the largest contributor with revenue of ₹28,835 crore. Within this segment, UltraTech Cement’s total grey cement capacity stands at 205.5 MTPA, with sales volumes rising 12.2% to 41.3 million tons. Birla Opus paints revenue jumped 64% to ₹1,661 crore, gaining market share, while Birla Pivot B2B e-commerce revenue surged 75% to ₹2,548 crore.

Financial Services recorded revenue of ₹12,155 crore, with the total lending portfolio growing 32% to ₹2,19,289 crore. Cellulosic Fibres revenue rose 12% to ₹4,530 crore due to higher global prices, despite a 4% dip in sales volumes. Chemicals segment revenue increased 10% to ₹2,640 crore, with EBITDA up 16% to ₹491 crore.

Strategic Developments

Aditya Birla Renewables Limited signed a Share Purchase Agreement on July 13, 2026, to acquire 100% of Solenergi Power Private Limited for an enterprise value of approximately ₹17,200 crore. Additionally, Aditya Birla Capital Limited raised ₹4,000 crore through preferential allotment, with Grasim investing ₹2,880 crore to maintain its 52.30% stake. The company’s budgeted capex for FY27 is ₹3,157 crore, with nearly 45% allocated to growth projects.

What the Numbers Show

The divergence between standalone and consolidated profitability underscores the critical role of subsidiaries like UltraTech Cement and Aditya Birla Capital in Grasim’s earnings mix. While the standalone entity returned to profitability, over 90% of the group’s bottom line originates from subsidiaries. The surge in adjusted PAT (49%) versus revenue growth (21%) indicates significant operating leverage and margin expansion across key segments, particularly in chemicals and building materials.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE047A01021/3f49f40a-8117-4adb-b268-3c70e6ba4774.pdf

Grasim Industries has scheduled two key investor interaction events for August 2026, providing analysts and institutional investors with opportunities to engage with management. The meetings are part of the company’s regular disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. These sessions aim to facilitate dialogue on the company’s strategic direction and operational performance without disclosing any unpublished price-sensitive information.

The first engagement is a virtual one-on-one meeting with GIC, scheduled for August 13, 2026. This session will allow the global investment corporation to discuss specific areas of interest directly with Grasim’s management team. The second event is the Motilal Oswal Annual Global Investor Conference, 2026, taking place physically in Mumbai on August 17, 2026. At this larger forum, Grasim will participate in both group discussions and one-on-one meetings, offering broader access to various market participants.

Meeting Schedule

The detailed schedule for the upcoming investor interactions is outlined below:

Disclosure Protocols

Grasim Industries emphasized that all discussions will be conducted within the framework of existing public disclosures. The latest Investor Presentation and Corporate Presentation, which form the basis for these interactions, are already available on the company’s website at www.grasim.com . Management explicitly stated that no unpublished price-sensitive information (UPSI) will be shared or discussed during any of the scheduled meetings. This ensures compliance with insider trading regulations and maintains a level playing field for all investors.

Administrative Details

The intimation was issued by Neelabja Chakrabarty, Company Secretary and Compliance Officer of Grasim Industries Limited, on August 11, 2026. The notice was circulated to BSE Limited and the National Stock Exchange of India Limited, as well as the Luxembourg Stock Exchange and Citi Bank N.A., reflecting the company’s broad investor base and international listing structures. While the schedule is firm, the company noted that changes may occur due to exigencies on the part of either the investors or the company.