Grasim Industries has announced a remarkable increase of 32.80 percent in its net consolidated profit for the financial year 2025-26. The profit after tax reached ₹10,300.29 crore in FY26, compared to ₹7,756.33 crore recorded in FY25, as stated in a filing with the BSE.
The company’s net consolidated total income for FY26 was ₹1,76,610.86 crore, reflecting a growth of 17.79 percent from ₹1,49,936.93 crore in FY25. In the fourth quarter of FY26, the net consolidated total income rose by 14.96 percent, amounting to ₹51,328.65 crore, compared to ₹44,650.67 crore in the same quarter of the previous year. The profit after tax for Q4 FY26 increased by 27.88 percent to ₹3,802.23 crore, up from ₹2,973.26 crore in the corresponding quarter of the prior fiscal year.
The board of directors has proposed a dividend of 500 percent, equating to ₹10 per equity share of face value ₹2 each (applicable to both fully paid-up and partly paid-up shares in proportion to their share in the paid-up capital) for the financial year ending March 31, 2026. The total cash outflow for the dividend is expected to be ₹681 crore. As of March 31, 2026, the company’s net worth was recorded at ₹1,03,469.92 crore, with a debt-equity ratio of 1.32, a current liability ratio of 0.13, total debts to total assets ratio of 0.39, an operating margin of 15.37 percent, and a net profit margin of 7.44 percent.
The building materials segment reported quarterly revenue of ₹30,042 crore, marking a 19 percent increase year-on-year. EBITDA saw a year-on-year growth of 22 percent, reaching ₹5,386 crore, driven by enhanced profitability in the Cement business (UltraTech). This growth was somewhat counterbalanced by initial expenses related to establishing a consumer-facing brand, ‘Birla Opus’, in the decorative paints sector.
In the Cement business, UltraTech’s total capacity (including India and overseas) surpassed the milestone of 200 MTPA as of April 2026, with the total global capacity now at 205.5 MTPA. The business is set to expand its capacity to over 240 MTPA by March 2028.
Consolidated sales volumes for the fourth quarter of FY26 reached 44.7 MT, reflecting an increase of nine percent, while the growth in volume was recorded at 19.1 percent. The sales volumes for ready-mix concrete amounted to 4.78 million cubic meters. The total efficiency gains for FY25 and FY26 were noted at ₹185 per metric ton.
The green power mix for this quarter was at 43%, with an objective to achieve 85% by FY30. Revenue from the cement business was reported at ₹25,799 crore, marking a year-on-year increase of 12 percent, while EBITDA was recorded at ₹5,688 crore, representing a 20 percent year-on-year growth. The paints business experienced a revenue growth of 19 percent in Q4 FY26.
Revenue from Birla Opus’s premium products remains approximately 65%. Strategic pricing measures were implemented during Q4 FY26 and have continued into Q1 FY27, effectively narrowing the gap with industry competitors and addressing the increased input costs resulting from a volatile market.
