Grasim stock reports 21.43 percent revenue growth

Published on 09/30/2026 at 12:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jefferies set a INR 3,910 target for Grasim on September 1, 2026, with paints and infrastructure demand supporting the thesis. Birla Opus revenue reached INR 1,661 crore in Q1 FY27.

Grasim, INE047A01021, Illustration mit AI erstellt.

Grasim stock is backed by Q1 FY27 consolidated revenue of INR 48,716 crore, a 21.43 percent year-over-year increase, while the company continues scaling paints and digital commerce. The latest quarter gives investors a measurable test of whether newer businesses can offset investment costs.

Revenue growth reaches 21.43 percent

According to Sahi on September 9, 2026, Grasim reported Q1 FY27 consolidated revenue of INR 48,716 crore, up 21.43 percent from INR 40,118 crore in Q1 FY26. Consolidated EBITDA reached INR 8,077 crore, an increase of 25.61 percent year over year.

The growth mix is shifting toward newer platforms. Birla Opus generated INR 1,661 crore in Q1 FY27 revenue, up 64.13 percent year over year, while Birla Pivot revenue rose 75 percent to INR 2,548 crore, according to Sahi.

Jefferies sets INR 3,910 target

Jefferies placed Grasim among its Buy ideas and assigned a INR 3,910 price target in its India Equity Strategy report dated September 1, 2026, according to Financial Express. The brokerage cited Grasim's exposure to fibers, chemicals, building materials, paints and B2B e-commerce, while identifying a path for the paints business to move toward the number-two domestic position.

Motilal Oswal also maintained a Buy view with a INR 3,800 target on September 11, 2026, according to Trendlyne. Its analysis highlighted resilient viscose profitability and tighter supply conditions, while the stock was trading below its 30-day moving average of INR 3,255.90.

NSE price remains below yearly high

Grasim was last at INR 3,061.90 on NSE on September 30, 2026 at 3:15 p.m. IST. The NSE snapshot dated September 29, 2026 showed a close of INR 3,100.00 and a 52-week range of INR 2,502.50 to INR 3,411.10.

Market capitalization stood at INR 2.1 trillion as of September 30, 2026. The valuation case therefore rests on operating execution, especially the pace of Birla Opus expansion and the improvement of margins as newer businesses scale.