Grasim has delivered its strongest-ever financial performance in FY26, posting record revenue, profit and operating earnings as aggressive expansion in paints, financial services, cement and digital commerce powered growth across businesses.

Consolidated revenue for FY26 climbed 18% year-on-year to an all-time high of Rs. 1, 75,431 crore, while EBITDA jumped 29% to a record Rs. 25,872 crore. Adjusted profit after tax rose 33% to Rs. 5,203 crore, driven by scale expansion, operational efficiencies and improved profitability across segments.

The momentum accelerated sharply in the fourth quarter, with the company reporting its highest-ever quarterly revenue of Rs. 51,101 crore and EBITDA of Rs. 8,011 crore, marking growth of 15% and 22% respectively over the previous year. Strong performances from the Building Materials, Financial Services and Cellulosic Fibres businesses led the surge.

Standalone operations also delivered record-breaking numbers. FY26 revenue rose 30% to Rs. 41,039 crore, powered by rapid growth in the Paints and B2B E-commerce businesses alongside steady contributions from Cellulosic Fibres and Chemicals.

Standalone EBITDA increased 25% to Rs. 3,558 crore despite continued investments in new ventures Birla Opus and Birla Pivot, which the company said are on a “clear roadmap for profitable growth in the coming years.”

In Q4FY26, standalone revenue soared 32% to a record Rs. 11,774 crore, while EBITDA surged 47% to Rs. 659 crore, supported by strong gains in Cellulosic Fibres and Textiles.

Caustic Soda (CFR-SEA) average international spot prices for Q4FY26 stood at $446/ton, down 15% YoY. Also, caustic realisations in domestic markets were lower. However, slight improvement in chlorine realisations mitigated the overall impact resulting in an ECU decline of 8% YoY to Rs. 32,413/ton.

Caustic soda sales volume stood at its highest ever at 321 KT, up 11% YoY, driven by stable domestic demand. Specialty Chemicals revenue grew by 5% YoY; however, profitability was impacted due to higher input prices, mainly ECH. Revenue for chemicals business segment was up by 7% YoY at Rs. 2,458 crore and EBITDA stood at Rs. 304 crore, up 3% YoY led by better profitability in caustic and chlorine derivatives.

The paints business emerged as a major growth engine, with quarterly revenue rising 52% year-on-year — significantly ahead of industry growth rates. The company also reinforced its position as the country’s No. 3 player in paints, backed by a network of more than 50,000 dealers and 4.5 lakh active contractors and painters.

The B2B E-commerce business recorded explosive growth, with annual revenue jumping 136% year-on-year, fueled by expansion into new product categories and rising repeat purchases.

The cement business crossed a major milestone in April 2026, with total grey cement capacity surpassing 200 million tonnes per annum.

Financial Services also posted strong momentum, with the total lending portfolio across NBFC and HFC operations expanding 32% year-on-year to Rs. 2,07,368 crore.

The Cellulosic Fibres segment reported a 14% rise in quarterly revenue, driven by higher volumes and an improved product mix, while the Chemicals business achieved its highest-ever caustic sales volumes at 321 KT, up 11% year-on-year.

The results underscore the company’s aggressive push to build scale across sunrise sectors as it positions itself as a key driver in India’s long-term economic growth story and the broader vision of “Viksit Bharat.”