Aditya Birla Group's Grasim Industries Limited started as a textile manufacturing company in 1947. The company was incorporated just 10 days after India's Independence. Over the years, it diversified its portfolio to establish itself as an important player across many sectors. The company is a leading producer of viscose, diversified chemicals, linen yarn and fabrics. Grasim Industries has interests in the paint, financial services, cement and clean energy business.
Business operations
Grasim Industries started fabric production at its Gwalior unit in 1950. Four years later, it started VSF production at its unit in Madhya Pradesh' Nagda. The company set up an engineering division for plant and machinery in 1962. Grasim Industries composite textile mill was set up in Haryana's Bhiwani in 1963. The firm began rayon production at its facility in Marayoor, Kerala.
Another pulp plant came up in Karnataka's Harihar in 1972. The company began caustic soda production at Nagda for captive use. Today, the company is the largest producer of caustic soda in India. In 1985, the company entered the cement business with Vikram Cement by setting up its first plant at Jawad in Madhya Pradesh.
Grasim Industries commissioned Vikram Ispat India's gas-based sponge iron plant in 1993. The company entered the IT industry with the setting up of Birla Consultancy & Software Services.
In 1995, Vikram Woollen's spinning unit came up at Malanpur, Madhya Pradesh. A plant was commissioned by Grasim Industries at Kahrach, Gujarat, in 1996. The company teamed up with Tembec Inc. to set up a joint venture company, Atholville Pulp Mill, in Canada in 1998.
In 2001, the company demerged its consultancy and software service business into a separate entity, Birla Technologies Ltd. Grasim also acquired a 10% stake in L&T. The company divested its Gwalior textile unit, consolidating its operation at Bhiwani to manufacture Grasim and Graviera brands in 2002.
The company acquired AV Nackawic Pulp Mill, Canada, in a joint venture with group companies and Tembec Inc. In 2006, the company took over a plant in China in a joint venture with Birla Jingwei Fibres.
In another key acquisition, the company got stakes in Domsjo Fabriker AB, Sweden. In 2015, the company merged Aditya Birla Chemicals (India) Limited (ABCIL) with Grasim. The merger was finalised in 2016. Aditya Birla Nuvo was later merged with Grasim. Subsequently, the financial services business was demerged and was listed on bourses as Aditya Birla Capital Limited.
UltraTech cement, owned by Grasim Industries, completed the acquisition of cement plants from Jaiprakash Associates and Jaypee Cement Corporations Limited.
Grasim Industries received an agreement to acquire a 100% stake in Soktas India Private Limited from its current promoters in 2019.
In 2021, Grasim entered the paint business. The company announced a foray into the B2B e-commerce space for building materials, Birla Pivot, in 2022. The company announced that it will invest ₹2,000 crore over the next five years. The platform began operation in 2023, catering to customers in Madhya Pradesh, Maharashtra and Delhi.
Grasim Industries Ltd's market capitalisation stands at over ₹1.4 lakh crore as of December 29, 2023. Grasim share price has moved up by over 128% in the last three years.
Grasim Industries Financial Highlights
- Revenue: Grasim Industries reported revenue of ₹1,76,610.86 crore in FY26 vs ₹1,49,936.93 crore in FY25. It showed an increase of 17.79% on a yearly basis.
- Operating Profit: Grasim Industries reported an operating profit of ₹14,482.48 crore in FY26 vs ₹10,825.06 crore in FY25. It showed an increase of 33.79% on a year-on-year basis.
- Net Profit: Grasim Industries reported a net profit of ₹10,310.02 crore in FY26 vs ₹7,756.33 crore in FY25. It showed an increase of 32.92% on a yearly basis.
Grasim Industries Quarterly Result Highlights
- Grasim Industries reported revenue of ₹49,021.35 crore in Jun 2026, compared with ₹51,328.65 crore in Mar 2026, representing a decrease of 4.50% on a quarter-on-quarter (QoQ) basis.
- Grasim Industries reported an operating profit of ₹5,183.12 crore in Jun 2026, compared with ₹4,960.41 crore in Mar 2026, representing an increase of 4.49% on a quarter-on-quarter (QoQ) basis.
- Grasim Industries reported a profit of ₹3,846.28 crore in Jun 2026, compared with ₹3,684.19 crore in Mar 2026, reflecting an increase of 4.40% on a QoQ basis.
- The earnings per share (EPS) of Grasim Industries stood at ₹73.21 during Jun 2026.
Data Source: BSE, Company announcements
Securities shown are illustrative, not recommendations. Past performance does not guarantee future results.
