Grasim Industries Limited (GRASIM) — Financial Results | 8 August 2025(3 announcements)

Grasim Industries delivered strong Q1FY26 results with consolidated revenue of ₹40,118 crores (up 16% YoY) and EBITDA of ₹6,430 crores (up 36% YoY). Cement revenue grew 13% to ₹21,275 crores with volume growth of 9.7% YoY. Chemicals revenue increased 16% YoY, while cellulosic fibres revenue rose 7% despite EBITDA declining 20% due to input cost pressures. Birla Opus paints achieved double-digit QoQ growth, and Aditya Birla Capital's lending book grew 30% YoY. Net worth stands at ₹99,117 crores with consolidated net debt to TTM EBITDA at 1.62x.

Grasim reported consolidated Q1FY26 revenue of ₹40,118 crores, up 16% YoY, with consolidated PAT growing 32% YoY to ₹1,419 crores. Consolidated EBITDA surged 36% YoY to ₹6,430 crores, driven by strong performance in Cement and Chemicals. TTM revenues crossed ₹1,50,000 crores, doubling since FY2021. Standalone revenue hit an all-time high of ₹9,223 crores, up 34% YoY, propelled by Birla Opus paints and Birla Pivot e-commerce, alongside stable core businesses.

Grasim Industries' Nomination and Remuneration Committee granted 7,03,951 stock options on 8th August 2025, comprising 5,47,483 options and 1,56,468 performance stock units (PSUs) to eligible employees including the Managing Director under the 2022 Employee Stock Option Scheme. Options vest at 33% annually over 3 years with an exercise price of ₹2,743.70, while PSUs vest fully after 3 years at ₹2 per unit. All grants are subject to performance conditions and exercisable within 5 years of vesting.