Grasim Inds Q4 FY26 results (Jan–Mar 2026) and concall

Construction Materials · Concall AI · Call held 20 May 2026

Company page: Grasim Inds share price, financials & guidance record

Grasim Industries reported a landmark Q4 FY26, driven by strong growth in its new businesses, Birla Opus Paints and Birla Pivot B2B e-commerce, which saw revenues double. The company's core businesses like Cement and Cellulosic Fibers also performed robustly, with UltraTech achieving record EBITDA/ton and Cellulosic Fibers doubling Q4 EBITDA. However, significant raw material cost inflation and demand uncertainty in paints pose challenges, which management is addressing through strategic pricing and market share focus.

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What they filed

Q4 FY26: revenue up 31.9%, net profit up 43.1% against the same quarter last year.

₹ Cr · quarterly

Line item	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26
Revenue	7,623	8,120	8,926	9,223	9,610 +26%	10,432 +28%	11,774 +32%
Expenses	7,298	7,850	8,705	8,839	9,244	9,953	11,234
EBITDA	325	271	221	385	366 +13%	479 +77%	540 +144%
Margin	4%	3%	3%	4%	4%	5%	5%
Other income	1,244	102	113	144	1,419	58	37
Interest	161	181	201	206	203	239	246
Depreciation	406	421	501	478	502	539	571
Profit before tax	1,002	-230	-368	-156	1,081 +8%	-241 −5%	-240 +35%
Tax rate	28%	-27%	-22%	-24%	26%	-27%	-32%
Net profit	721	-169	-288	-118	805 +12%	-174 −3%	-164 +43%
EPS	10.95	-2.56	-4.23	-1.74	11.82	-2.56	-2.40

How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.

What they filed

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