Grasim Industries Ltd
Grasim Industries Q2 FY26 earnings call: Revenue & Margins
Q2 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
Paints Business (Birla Opus): - Confident of reaching double-digit market share in Q4 FY '26 or Q1 FY '27. Birla Opus (paints) aims to achieve double-digit market share growth by Q4 FY '26 or Q1 FY '27, targeting strong volume and revenue growth.
From Grasim Industries Ltd's Q2 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Paints Business (Birla Opus):
- Confident of reaching double-digit market share in Q4 FY '26 or Q1 FY '27.
- Guidance remains valid for INR10,000 crore turnover by FY '28.
- Expect continued double-digit quarter-on-quarter sales growth in coming quarters.
- Expansion of distribution to 10,000+ towns with strong dealer participation and secondary sales growth.
- New Kharagpur plant (236 million liters capacity) to improve serviceability and cost efficiency, aiding ramp-up.
- B2B E-commerce:
- Rapid revenue growth, annualizing over INR6,000 crore currently, with targeted INR8,500 crore by FY '27.
- Possible early achievement of growth milestones due to strong repeat buyer activity and broad-based ecosystem integration.
- Chemicals:
2 more points from Grasim Industries Ltd's call on revenue
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Profitability & Margins
See what Grasim Industries Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Grasim outlined a capex outlay of INR 2,263 crores for FY '26, with INR 941 crores already deployed in H1 FY '26.
- Lyocell capacity expansion in the cellulosic fiber business is progressing as scheduled for commissioning by mid-2027.
- The Kharagpur paint plant with 236 million liters per annum capacity started production on 15th October 2025, boosting serviceability in Eastern and Central India and improving logistics efficiency.
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Top-ranked in Cement & Cement Products
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Grasim Industries Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
Grasim Industries Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹51.1K Cr, net profit ₹3.8K Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Grasim Inds's management said in earlier quarters
- Q1 FY27 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q4 FY25 earnings call analysis →
- Q3 FY25 earnings call analysis →
- Q1 FY26 earnings call →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
- Q1 FY24 earnings call →
- Q4 FY23 earnings call →
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Frequently Asked Questions
What were Grasim Industries Ltd Q2 FY26 results?
Paints Business (Birla Opus): - Confident of reaching double-digit market share in Q4 FY '26 or Q1 FY '27. Birla Opus (paints) aims to achieve double-digit market share growth by Q4 FY '26 or Q1 FY '27, targeting strong volume and revenue growth.
What is Grasim Industries Ltd share price analysis?
Grasim Industries Ltd currently shows a neutral. The stock trades at a P/E of 38.5 with a market cap of ₹221,086 Cr. Investors should review the full earnings analysis for detailed insights.
Is Grasim Industries Ltd planning capital expenditure?
Grasim outlined a capex outlay of INR 2,263 crores for FY '26, with INR 941 crores already deployed in H1 FY '26.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.