Archive · 21 Aug 2026
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.
- 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.
- Where
- The businesses and markets discussed are primarily in India.
- Why
- Grasim aims to build on growth in housing, infrastructure, consumption, financial inclusion, digital commerce, sustainability and clean energy.
- 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