Grasim Q4 profit jumps 27.8% to ₹3,802 cr; Birla Opus paints volumes up 17% QoQ

Grasim posted record Q4 FY26 revenue of ₹51,101 cr (+15.4%) with net profit at ₹3,802 cr. Building materials led growth as Birla Opus paints revenue rose 19% QoQ on 17% volume gain. Lending book grew 32% to ₹2.07 lakh cr; AUM hit ₹5.91 lakh cr. Board declared 500% dividend.

— Source publishedThu, 21 May, 2026, 14:28 IST·First seen Thu, 21 May, 2026, 14:30 IST·Source Outlook Business

What happened

Grasim Industries Q4 FY26 net profit rose 27.9% to Rs 3,802 cr on record revenue of Rs 51,101 cr, led by building materials (UltraTech, Birla Opus paints, Birla

Key facts

  • Q4 net profit Rs 3,802.23 cr (+27.9%)
  • Q4 revenue Rs 51,101.11 cr (+15.43%)
  • FY26 net profit Rs 10,300.29 cr (+32.8%)
  • FY26 EBITDA Rs 25,872 cr (+29%)
  • Birla Opus Q4 revenue +19% QoQ, volume +17% QoQ
  • Lending portfolio Rs 2,07,368 cr (+32%)
  • Total AUM Rs 5,91,343 cr (+16%)
  • Dividend 500% (Rs 10/share)

Why this matters

With AUM at ₹5.91 lakh cr and paints scaling rapidly, Grasim is positioned to acquire regional paint or NBFC assets to accelerate share gains against incumbents like Asian Paints and Bajaj Finance.