Grasim Industries Expands Paint Production with New Resin Block in Kharagpur

1 min read     Updated on 13 Nov 2025, 04:37 AM
scanx
Reviewed by
Jubin VergheseScanX News Team
Overview

Grasim Industries has commenced commercial production at its new Resin Block in the Birla Opus Paints plant in Kharagpur, West Bengal. The new block, operational from November 12, 2025, adds 24 Million Litres Per Annum (MLPA) to the company's paint production capacity. This expansion brings the total Resin Block capacity to 92 MLPA, complementing the existing 376 MLPA Emulsion Block capacity. The production is intended for the domestic market. Additionally, Grasim will participate in the 28th Citic CLSA India Forum in Mumbai on November 18, 2025.

24534478

*this image is generated using AI for illustrative purposes only.

Grasim Industries , a diversified player in the Indian market, has announced an expansion in its paint production capabilities. The company's Birla Opus Paints plant in Kharagpur, West Bengal, has commenced commercial production at its new Resin Block, marking a step in Grasim's foray into the paints sector.

Key Highlights of the Expansion

  • Commercial Production Start Date: November 12, 2025
  • Location: Kharagpur, West Bengal
  • New Capacity: 24 Million Litres Per Annum (MLPA)

Capacity Overview

The addition of the new Resin Block has bolstered Grasim Industries' production capabilities. Here's a breakdown of the company's current capacities:

Production Unit Capacity (MLPA)
New Resin Block 24.00
Total Resin Blocks 92.00
Emulsion Blocks 376.00

Market Focus

Grasim Industries has confirmed that the production from this new facility will cater to the domestic market, potentially strengthening the company's position in India's paint industry.

Corporate Communication

In addition to the production expansion news, Grasim Industries has also announced its participation in the upcoming 28th Citic CLSA India Forum. The event details are as follows:

  • Date: November 18, 2025
  • Location: Mumbai
  • Meeting Type: Physical, Group Meeting

The company has stated that no unpublished price-sensitive information will be shared during this investor meeting.

Conclusion

This expansion represents a step for Grasim Industries in its paint business vertical. The increased production capacity could potentially allow the company to capture a larger share of the Indian paint market. Investors and market watchers will be observing how this expansion translates into market performance and financial results in the future.

Historical Stock Returns for Grasim Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.30%-3.98%-1.09%+0.90%+9.77%+235.98%
Grasim Industries
View in Depthredirect
like17
dislike

Grasim Industries Reports 26% Standalone Revenue Growth in Q2FY26, BirlaOpus Expands Market Presence

2 min read     Updated on 11 Nov 2025, 07:49 PM
scanx
Reviewed by
Shriram ShekharScanX News Team
Overview

Grasim Industries posted a 26% YoY increase in standalone revenue to INR 9,610.00 crores in Q2 FY26. BirlaOpus, its paints business, expanded capacity to 1,332 million liters annually and achieved double-digit market share. The company announced CEO Rakshit Hargave's resignation from BirlaOpus, effective December 6, 2025. Across segments, UltraTech Cement's EBITDA grew 32% YoY, while the Cellulosic Fibers segment faced challenges. The company's net debt reduced by INR 292.00 crores to INR 6,861.00 crores.

24416390

*this image is generated using AI for illustrative purposes only.

Grasim Industries , a diversified conglomerate, has reported a robust performance in the second quarter of fiscal year 2026, with significant growth in its standalone revenue and expansion of its paints business, BirlaOpus. The company also announced changes in leadership for its paints division.

Strong Financial Performance

Grasim Industries delivered its 21st consecutive quarter of revenue growth, with standalone revenue reaching INR 9,610.00 crores, marking a 26% year-on-year increase. The company's consolidated trailing 12-month revenues approached INR 1,60,000.00 crores, demonstrating consistent growth across its diverse business segments.

BirlaOpus Paints: Expanding Capacity and Market Share

BirlaOpus, Grasim's paints business, has made significant strides in expanding its production capacity and market presence:

  • Commissioned its sixth and largest plant in Kharagpur, with a capacity of 236 million liters
  • Total decorative paints capacity increased to 1,332 million liters per annum across six plants
  • Achieved double-digit market share, including putty revenues
  • Expanded distribution to over 10,000 towns, surpassing the original guidance of 8,500 towns

Leadership Change in Paints Business

The company announced that Rakshit Hargave, CEO of BirlaOpus, has resigned effective December 6, 2025. Managing Director Himanshu Kapania will oversee the paints business in the interim until a new CEO is appointed. The company emphasized that this transition will not impact the business strategy or growth plans.

Performance Across Business Segments

Business Segment Revenue YoY Growth EBITDA YoY Change
Cellulosic Fibers INR 4,149.00 crores 1% INR 350.00 crores -29%
Chemicals Two-year high levels - - -
UltraTech Cement - - INR 966.00/MT 32%
Textiles INR 586.00 crores 6% INR 24.00 crores Returned to profitability
Aditya Birla Renewables INR 259.00 crores Nearly doubled - -

Key Highlights

  • Cellulosic fibers segment faced challenges due to higher input costs
  • Chemicals business performance driven by caustic soda and specialty chemicals
  • UltraTech Cement sales volume grew 6.9% year-on-year to 33.85 million metric tons
  • B2B e-commerce platform BirlaPivot showed 15% sequential revenue growth
  • Net debt declined by INR 292.00 crores to INR 6,861.00 crores

Outlook and Strategy

Grasim Industries remains committed to its growth strategy across all business segments. The company continues to focus on sustainability, with plans to increase renewable energy usage and improve water efficiency. The paints business, BirlaOpus, aims to align its volume market share with its capacity share in the coming years.

Himanshu Kapania, Managing Director, stated, "We remain optimistic about our growth trajectory and are confident in our ability to achieve our stated targets across all business segments, particularly in our paints business where we aim to be the number two player within three years of full-scale operations."

As Grasim Industries navigates through a dynamic market environment, its diversified business model and strategic initiatives position the company for continued growth and market leadership across its various segments.

Historical Stock Returns for Grasim Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.30%-3.98%-1.09%+0.90%+9.77%+235.98%
Grasim Industries
View in Depthredirect
like20
dislike
More News on Grasim Industries
Explore Other Articles
2,767.40
-8.40
(-0.30%)