Grasim Industries Sees Block Trade of 127,117 Shares Worth ₹32.18 Crore
A significant block trade of Grasim Industries Ltd. shares occurred on the National Stock Exchange (NSE). The transaction involved 127,117 shares at ₹2,531.80 per share, totaling ₹32.18 crore. This large-scale trade indicates continued interest in Grasim Industries' stock among institutional investors or large stakeholders. While the specific parties involved remain undisclosed, such trades typically occur between institutional investors or major shareholders.
03Jun 25
Grasim Industries Q4: Loss Narrows, Revenue Surges 32%
Grasim Industries has reported significant improvements in its Q4 financial performance. Revenue increased by 32% year-on-year to Rs 8,925.80 crore. Net loss narrowed to Rs 288.00 crore from Rs 440.90 crore in the previous year. EBITDA stood at Rs 333.50 crore, showing a substantial increase. The company's operating profit turned positive at Rs 106.50 crore compared to a loss in the previous year. Grasim also announced plans to raise up to Rs 1,000 crore through non-convertible debentures.
Grasim Industries, an Aditya Birla Group company, has approved raising up to ₹1,000 crore through Non-Convertible Debentures (NCDs) on a private placement basis. The NCDs will be fully-paid, unsecured, listed, rated, and redeemable, with a face value of ₹1,00,000 each. The issuance will be structured in one or more tranches, providing flexibility in the company's fund-raising strategy.
26May 25
Grasim's Birla Opus Paint Brand Surges to Third Place, Core Business Faces Headwinds
Grasim Industries' paint brand, Birla Opus, has become India's third-largest decorative paint brand within six months of launch. However, the company's core Viscose Staple Fiber (VSF) business is experiencing muted global demand, particularly in China. Tariff uncertainties since mid-April have led to a cautious approach in VSF operations. The success in the paint sector may help offset challenges in the VSF segment.
26May 25
Grasim Industries Outlines Capacity Expansion Plans and Reaffirms Financial Targets
Grasim Industries announced modest viscose fiber capacity increase by H1 FY24. Major projects, including a 54,000 TPA Lyocell production facility, are set for completion by FY26. The company reiterated its Rs 10,000 crore revenue target within three years of full-scale operations, accounting for potential economic fluctuations.
Grasim Industries, an Aditya Birla Group company, posted robust Q4 financial results. Consolidated net profit increased by 9% to Rs 1,496.00 crore, while revenue grew 17% to Rs 44,267.00 crore. EBITDA rose 6% to Rs 6,548.00 crore. The company saw growth across its segments: Cellulosic Fibres revenue up 8%, Chemicals EBITDA up 52%, and UltraTech Cement volumes up 10%. The board recommended a dividend of Rs 10.00 per share.
Grasim Industries' Q4 results show revenue growth of 31.9% YoY to ₹89.25 billion. Net loss reduced to ₹2.90 billion from ₹4.41 billion last year. An exceptional item of ₹7.15 billion impacted profitability. The company reported a loss before tax of ₹2.50 billion, compared to a profit of ₹3.30 billion in the previous year. Despite challenges, Grasim announced a dividend of ₹10.00 per equity share.
22May 25
Grasim Industries Captures 10% Revenue Market Share in Paints Segment
Grasim Industries has reached a 10% revenue market share in the paints segment during the fourth quarter. This milestone combines revenues from Birla Opus decorative paints and Birla White Putty. The achievement highlights Grasim's growing presence in the competitive paints market and its successful diversification strategy. This rapid growth may impact the strategies of established players in the Indian paints industry.
Grasim Industries reported a narrower net loss of ₹288.00 crore in Q4, down from ₹441.00 crore last year. Revenue grew 32% to ₹8,926.00 crore, but EBITDA fell 58% to ₹220.00 crore with margin contracting to 2.50%. The company approved a final dividend of ₹10.00 per equity share and appointed Hemant Kumar Kadel as the new CFO. Consolidated net profit increased 9% to ₹1,496.00 crore, with revenue up 17% to ₹44,267.00 crore.
22May 25
Grasim Industries Announces Rs 10 Dividend, Secures Lowest-Cost Rupee Bond in 5 Years
Grasim Industries Ltd. has declared a dividend of Rs 10.00 per equity share for FY ended March 31. The company is also set to raise up to 10 billion rupees through a bond issuance with a 6.56% coupon rate for a 5-year tenure. This represents Grasim's cheapest rupee-denominated bond since June 2020, indicating improved borrowing conditions for Indian corporates and reflecting the impact of RBI's monetary policies.
21May 25
Grasim Industries Sets Date for Q4 Results, Dividend Decision
Grasim Industries has set May 22 for its board meeting to announce Q4 and full fiscal year results, as well as consider dividend recommendations. An earnings call is scheduled for May 23. The company has closed its trading window for designated persons from April 1 to May 24 to ensure fair trading practices.
05Mar 25
Grasim Industries Expands Paint Business with New Birla Opus Plant in Maharashtra
Grasim Industries has commenced commercial production at its new Birla Opus Paints plant in Mahad, Maharashtra on March 4, 2025. The facility has a total production capacity of 230 MLPA, including 180 MLPA for water-based paints. This marks the fifth of six planned green-field paint plants, bringing Grasim's total decorative paints capacity to 1,096 MLPA under the 'Birla Opus' brand. The expansion is primarily focused on serving the domestic market, signifying a major step in Grasim's diversification strategy into the decorative paints sector.
04Mar 25
Grasim Industries Expands Paint Business with New Birla Opus Plant in Maharashtra
Grasim Industries has commenced commercial production at its Birla Opus Paints plant in Mahad, Maharashtra on March 4, 2025. The facility has a capacity of 180 MLPA for water-based paint, 20 MLPA for distemper, and 30 MLPA for solvent-based paint. This marks the fifth operational plant out of six planned green-field facilities, bringing Grasim's total installed capacity for decorative paints to 1,096 MLPA under the 'Birla Opus' brand.