Grasim Industries, an Aditya Birla Group company, will commission two major chemical facilities, the Epichlorohydrin (ECH) and Chlorinated Polyvinyl Chloride (CPVC) plants at Vilayat, in FY 2025–26, strengthening its integrated value chain in advanced materials and contributing to the global supply of these polymers.

Kumar Mangalam Birla, Chairman, Grasim Industries, told shareholders at the company’s Annual General Meeting that Grasim's chemicals business continues to consolidate its leadership position with an expanded installed capacity of 1,505 KTPA, making it the largest producer of caustic soda in the country.

"FY 2024–25 saw improved net ECU realisation over the previous year, aided by firmer global pricing. The Chlorine Derivatives segment also posted strong gains, supported by focused portfolio development. In Specialty Chemicals, our epoxy polymers and curing agents capacity has been expanded to the highest-ever level in the country," Birla said.

On paint, Birla informed that Grasim will commission the sixth paint facility next month. "Once fully operational, Birla Opus will command approximately 24% of the installed capacity in India’s decorative paints industry, a staggering entry for a new player in an industry that is around for more than five decades," he said.

Birla Opus is truly reshaping the decorative paints market. With 175 plus products across more than 1,460 SKUs spanning all six decorative paint categories, the brand is redefining customer experience and customer choice. Our footprint now extends to over 8,000 towns, underpinned by a robust network of 141 depots and a differentiated retail strategy led by Birla Opus Studios and Birla Opus Paint Galleries.

“We remain firmly on track to align our revenue share with our installed capacity share of ~24%, and to achieve our near-term revenue aspiration of Rs. 10,000 crore by the third year of full-scale operations,” Birla said.

Birla Pivot, the B2B e-commerce platform, has clocked a revenue run rate of over ₹5,500 crore. The platform is redefining B2B digitisation by putting AI at the heart of operations. With a catalogue of over 40,000 SKUs and a presence in 375 cities across 26 states in a very short span, Birla Pivot is solving pain points with real impact, he added.

The business revenue continues to grow in line with the plan and remains on track to cross ₹8,500 crore in annualised revenue by FY27, as per guidance given by the company earlier.

Overall, Grasim's consolidated revenue surged to an all-time high of nearly Rs.1, 50,000 crore. The company has scaled a new pinnacle, reaching an all-time high market capitalisation of approximately Rs. 1,95,000 crore, now within striking distance of the Rs. 2,00,000 crore milestone.