Grasim Industries Limited, established in 1947, is the flagship entity of the Aditya Birla Group and stands among India’s most esteemed publicly listed corporations. Initially a textiles manufacturer, Grasim has since evolved into a multifaceted conglomerate with a commanding presence across various industries.
On March 4, 2025, Grasim Industries announced the commencement of commercial production at its Birla Opus Paints plant in Mahad, Maharashtra, effective immediately. The state-of-the-art facility boasts an installed capacity of 180 million litres per annum (MLPA) for water-based paint, 20 MLPA for distemper, and 30 MLPA for solvent-based paint.
With this milestone, five of Grasim’s 6 greenfield paint plants are now operational, bringing the total installed capacity for decorative paints under the ‘Birla Opus’ brand to an impressive 1,096 MLPA. The newly launched production will cater to the surging domestic demand, reinforcing Grasim’s strategic expansion in the paints sector.
“With the commencement of commercial production at our Mahad plant, five out of our six greenfield plants are now operational, elevating our total installed capacity for decorative paints under the ‘Birla Opus’ brand to 1,096 MLPA,” the company stated in a regulatory filing.
Grasim reported a net loss of ₹168.7 crore in Q3 FY25, a substantial increase from the ₹74 crore loss recorded in the same period last year. This contrasts sharply with the previous year’s net profit of ₹236 crore. However, revenue surged by 26.9% to ₹8,120.3 crore, compared to ₹6,400 crore in the prior year.
The company’s EBITDA saw a decline of 48.2% in the December quarter, standing at ₹270.6 crore against ₹522.6 crore in the corresponding period last year.
At 9:43 AM on March 5, 2025, Grasim Industries Ltd shares traded in green at ₹2,394.70 per share on the NSE.
Grasim Industries’ launch of commercial production at the Birla Opus Paints plant in Mahad marks a significant milestone in its entry into the paints sector. With a substantial installed capacity across multiple paint categories, the facility reinforces the company’s commitment to scaling up operations and competing with established players.
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Published on: Mar 5, 2025, 1:48 PM IST
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