Grasim Industries Limited — Investor Meet, 28-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Grasim’s Q4 standalone revenue rose 32% YoY to ₹8,926 crore, led by core businesses and new ventures. Cellulosic fibres hit a record annual revenue of ₹15,987 crore (+6%), though profits dipped 12% due to raw material costs; Lyocell fibre capacity expansion is on track for mid-FY27. Chemicals saw capacity added but caustic sales fell 3%, offset by growth in chlorine derivatives and epoxy. Birla Opus paint swiftly became India’s No.3 decorative brand (~10% market share), with premium products at 65% share and strong distribution/support infrastructure. B2B platform Birla Pivot crossed ₹5,000 crore ARR, targeting EBITDA breakeven near ₹8,500-10,000 crore revenue. Management expects steady fibre demand, improving chemicals growth, and a slow paint market with focus on premiumization. Confident in medium-term growth despite near-term challenges.