Grasim Industries achieved its highest-ever quarterly revenue of ₹48,716 crores, representing a remarkable 21% year-on-year growth and marking the 24th consecutive quarter of revenue growth. As per the latest earnings call transcript, this performance reflects the company's broad-based growth model rather than a single-cycle boost. The cement business remained a significant contributor with consolidated sales volume up 12% to 41.31 million tons and total gray cement capacity rising to 205.5 million tons. The company's green power mix has reached 45.6% with renewable power capacity of 1.4 gigawatts, demonstrating strong sustainability progress. Cement EBITDA grew 12% to ₹5,146 crore, aided by lower logistics and power costs and a higher green power mix.
Birla Opus Paints delivered exceptional performance with revenue surging 64% year-over-year to ₹1,661 crores, strengthening its position as India's third-largest decorative paints brand with a combined market share nearing the early teens. The premium and luxury portfolio now contributes approximately 65% of sales value, with the business having expanded to 12,100 towns, 1,470+ exclusive retail outlets, and 228 products with 90% brand awareness. During Q1 FY2027, Birla Opus launched 10 new products and expanded its portfolio to 228 products and 1,945 SKUs. The institutional channel is scaling with 85% year-on-year growth and 11% quarter-on-quarter growth, with nearly 11,000 project sites built during the quarter. Birla Pivot, the B2B e-commerce platform, grew revenue 75% year-over-year to ₹2,548 crore, with an annualized run rate above ₹10,000 crore and on track for EBITDA breakeven by FY27 exit.
Hindalco Industries and Grasim Industries shares declined up to nearly 3% on Thursday, August 13, following the announcement of Aditya Birla Group's new brand royalty framework. As of 2:40 pm, Hindalco was trading at ₹1,046.40, down ₹32.10 or 2.98% from the previous close, while Grasim Industries was at ₹3,250.70, lower by ₹57.10 or 1.73%. The decline reflects investor concerns over the additional cost structure despite the framework being designed to generate extra revenue for the promoter group.
Aditya Birla Group companies are implementing a new brand royalty framework effective June 1, 2026, requiring listed subsidiaries to pay the promoter group for use of the Aditya Birla brand. The royalty will be charged at 0.25% of revenue, subject to an annual cap of ₹225 crore per company. This framework represents a significant shift from family-driven stewardship towards a more structured governance model within the group, designed to bring in extra revenue and set clear rules for using the group's brand name. The royalty expense will be a recurring cost from June 2026, adding to the company's cost structure. Mint's calculations show the fee could generate more than ₹1,000 crore a year for the group's privately owned promoter entity Birla Group Holdings Private Limited (BGH).
Consolidated net debt to TTM EBITDA improved to 1.45 times from 1.62 times a year ago, reflecting stronger profitability and a healthy balance sheet. The chemicals business saw EBITDA grow 16% year-over-year to ₹491 crore, driven by improved realizations and a higher share of specialty chemicals, with chlorine integration expected to reach 68% by FY27 end. The cellulosic fibers business saw EBITDA roughly double, with specialty fiber mix rising to 27% of sales, driven by strong global prices and favorable product mix. Aditya Birla Capital delivered a strong start to FY27, with lending portfolio growing 32% to nearly ₹220,000 crore and housing finance crossing ₹50,000 crore, supported by a ₹4,000 crore equity raise.
