1 week ago
Grasim Targets ₹2 Lakh Crore Revenue Through New Growth Businesses
Grasim Industries is a large company that runs several kinds of businesses.
It wants to earn ₹2 lakh crore in the financial year ending in FY27.
Its businesses include cement, paints, online building-material sales, financial services, fibres and renewable energy.
The company earned a record ₹1,75,431 crore in FY26.
It has spent nearly ₹74,000 crore building and expanding its businesses over five years.
Its Birla Opus paints business has quickly gained a significant share of India’s decorative-paints market.
Birla Pivot helps businesses buy and sell building materials online.
Grasim also plans to greatly expand its Lyocell fibre capacity and renewable-energy platform.
Grasim Industries targets consolidated revenue of ₹2 lakh crore in FY27, nearly doubling its scale over five years.
The company reported record consolidated revenue of ₹1,75,431 crore and EBITDA of ₹25,872 crore in FY26.
Grasim has invested nearly ₹74,000 crore in capital expenditure over the past five years.
Birla Opus, Birla Pivot and UltraTech Cement are central to Grasim’s building-materials growth strategy.
The company plans to expand Lyocell capacity nearly fivefold and aims to scale renewable-energy capacity to 20 GW and beyond.
- Who
- Grasim Industries and its chairman, Kumar Mangalam Birla.
- What
- Grasim announced a target of ₹2 lakh crore in consolidated revenue for FY27 and outlined expansion plans across paints, digital commerce, cement, fibres and renewable energy.
- Where
- The businesses and markets discussed are primarily in India.
- When
- The announcement was made at Grasim’s 79th annual general meeting on Friday; one report was published on August 21, 2026, and the figures refer to FY26 and FY27.
- Why
- Grasim aims to build on growth in housing, infrastructure, consumption, financial inclusion, digital commerce, sustainability and clean energy.
Key facts
- FY27 revenue target
- ₹2 lakh crore in consolidated revenue
- FY26 consolidated revenue
- ₹1,75,431 crore, described as the company’s highest ever
- FY26 EBITDA
- ₹25,872 crore
- Five-year capital expenditure
- Nearly ₹74,000 crore
- Birla Opus
- Reached a 10% standalone revenue market share in India’s decorative paints market in FY26 and ranked second by capacity market share
- Birla Pivot
- Surpassed its ₹8,500 crore annual revenue guidance one year ahead of schedule
- Lyocell investment
- Nearly ₹4,000 crore to expand capacity to almost five times its current level
- Renewable-energy ambition
- Aditya Birla Renewables has visibility of around 10 GW and aims to reach 20 GW and beyond
Quotes
Kumar Mangalam Birla
Chairman of Grasim Industries and the Aditya Birla Group
“Legacy may give you the licence to exist. But foresight and dynamism are what give you the right to prosper and to lead. And the most important differentiator will remain execution.”
financialexpress.com
“Birla Opus has firmly established itself as a formidable force in India’s decorative paints industry.”
financialexpress.com
Sources
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