Grasim Industries Ltd (BOM:500300)

Q2 2026 Grasim Industries Ltd Earnings Call Transcript

Nov 5, 2025 / 10:30 AM GMT

Transcript

Key Points

Positve

Grasim Industries Ltd (BOM:500300) reported consistent revenue growth for 21 consecutive quarters, with trailing 12-month consolidated revenues up by 8% year-on-year.
The company's standalone revenue reached a record high of INR 9,610 crore, marking a 26% increase year-on-year.
Grasim's decorative paints business, Birla Opus, has become the second-largest decorative paints company in India, commanding 24% of the industry capacity.
The B2B e-commerce platform, Birla Pivot, is expanding rapidly and is on track to achieve its revenue target ahead of schedule, driven by strong demand and digital adoption.
Grasim's diversified business model spans high-growth sectors, creating a synergistic engine of growth that combines resilience with opportunity.

Negative

The resignation of Rakshit, CEO of Birla Opus, raises concerns about potential leadership changes and their impact on the company's growth strategy.
The cellulosic fiber segment faced challenges with logistics-related issues, resulting in a 5% year-on-year decline in sales volume.
The chemical business experienced flat caustic sales volume due to constrained production from lower power availability.
The paints industry faced a double-digit decline during the monsoon season, impacting Grasim's quarter-on-quarter performance.
High input prices of key raw materials affected the EBITDA growth in the cellulosic fiber segment.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

GRAS.NS - Grasim Industries Ltd
Q2 2026 Grasim Industries Ltd Earnings Call
Nov 05, 2025 / 10:30AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Ladies and gentlemen, good day and welcome to the Grassam Industries Limited Q2 F5 26 earnings conference call.

As a reminder, all participant lines will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes.

Should you need assistance during the call, please signal an operator by pressing, then 0 on your touchstone phone.

I now hand the conference over to Mr. Ankit Panchmatya, head of investor relations at Grassam Industries.

Thank you and over to you, sir.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.