Grasim Industries Ltd emerged as a key contributor to the market recovery, trading at ₹2,983.00 with a significant gain of 3.10% following the announcement of exceptional Q4FY26 results. The stock recorded a volume of 13.06 lakh shares as investors responded positively to the company's record quarterly performance. The broader market staged a sharp recovery with the NIFTY 50 rising 41 points to close at 23,659, remaining largely range-bound for the fourth consecutive session despite ongoing global uncertainties. The company reported consolidated revenue of ₹51,101 crore in Q4FY26, representing a 15.4% year-on-year growth from ₹44,267 crore in Q4FY25. EBITDA rose 22.3% YoY to ₹8,011 crore with margins improving to 16% from 15% in the previous year. PAT attributable to owners increased 30.9% YoY to ₹1,958 crore, demonstrating strong operational performance across cement, paints and financial services businesses.
The Board of Directors announced a dividend of 500% at ₹10 per equity share for FY26, subject to shareholder approval at the Annual General Meeting. This represents a significant payout reflecting the company's strong financial position. For the full financial year FY26, revenue from operations reached ₹1,75,431 crore, registering 18.2% YoY growth from ₹1,48,478 crore in FY25. EBITDA for FY26 stood at ₹25,872 crore compared to ₹20,023 crore in FY25, reflecting 29.2% YoY growth with margins improving to 15% from 13%. PAT for FY26 reached ₹4,966 crore, marking a 34% YoY increase from ₹3,706 crore in FY25.
The chemicals business reported revenue growth of 7% YoY to ₹2,458 crore with EBITDA rising 3% YoY to ₹304 crore, led by higher caustic soda sales volumes and improved chlorine derivative performance. The cellulosic fibres business delivered robust growth with revenue increasing 14% YoY to ₹4,614 crore during Q4FY26, while EBITDA nearly doubled to ₹588 crore supported by volume growth, favourable product mix and lower pulp prices. The paints business under Birla Opus continued gaining market share, crossing 50,000 dealers billed and achieving presence across more than 11,500 towns, with revenue market share in decorative paints crossing 10% during March 2026.
The Indian equity markets traded higher with the NIFTY 50 rising 41 points to settle at 23,659 during the session, as reported by ET Now. Grasim Industries gained 3.10% to ₹2,983.00 following the Q4FY26 announcement, while Hindalco led the gainers with a 3.50% rise to ₹1,085.00 and Reliance Industries gained 2.84% to ₹1,360.30. Bharat Electronics Ltd faced selling pressure, declining 2.27% to ₹413.35, and Tech Mahindra dropped 1.92% to ₹1,439.00. The positive performance was led by strong showings from metal and energy stocks, with metal and energy stocks being the key contributors to the day's gains. The NIFTY Bank advanced 153 points to 53,562, while the Midcap Index climbed 301 points to 61,323, reflecting broad-based sectoral recovery despite the Indian rupee touching a record intraday low of 96.96 against the US dollar.
The company highlighted strong growth in its financial services business, where total lending portfolio increased 32% YoY to ₹2,07,368 crore. Aditya Birla Capital's digital platform crossed 11 million customer acquisitions as of March 31, 2026. In the cement sector, UltraTech Cement's total grey cement capacity crossed 200 MTPA during April 2026, making it the world's largest cement company outside China. The diversified conglomerate operates across cement, chemicals, cellulosic fibres, paints, financial services, textiles, renewable energy and building materials through subsidiaries including UltraTech Cement and Aditya Birla Capital, maintaining presence across multiple high-growth sectors in India.
