Financial Performance Summary

Consolidated Performance

  • Revenue grew 9.2% year-on-year to ₹884.5 crore
  • Performance driven by strong results in India business

India Business Performance

  • Revenue increased 17.3% year-on-year to ₹588.4 crore
  • EBITDA grew 3.3 times to ₹40 crore
  • Third consecutive quarter of double-digit growth
  • 400+ basis points margin improvement

Segment-wise Performance

Roofs Segment:

  • Revenue growth of 28.2% year-on-year
  • Improved margins reported

Walls Segment:

  • Revenue growth of 5.4% year-on-year
  • Improved margins reported

Pipes Segment:

  • Strong turnaround with revenue increasing 19.7% year-on-year
  • EBITDA margins expanded by 630 basis points

Construction Chemicals Segment:

  • Continued growth momentum with 35.3% revenue increase
  • Performance achieved despite significant input cost inflation and pricing pressures

Parador Performance (International Business)

  • Revenue declined 4.4% year-on-year amid challenging market conditions across Europe
  • Profitability affected by cost pressures
  • Business executing comprehensive transformation agenda including cost optimization program in partnership with BCG
  • Diversifying growth drivers through expansion into US, Middle East and India markets
  • Increasing penetration in commercial segments
  • Strengthening leadership position in core DIY and retail channels in Europe

Strategic Initiatives and Progress

Capacity Expansion

  • Greenfield Boards plant at Nellore remains on track for commercialization in Q4 FY27
  • Land allocation for new Hyderabad Boards facility completed
  • Groundbreaking targeted for December 2026

Market Development

  • Focused initiatives accelerating growth in Pipes and Construction Chemicals segments
  • Strengthened innovation pipeline resulting in multiple new product launches across Roofs and Construction Chemicals
  • Additional launches planned in second half of FY27

Sustainability Initiatives

  • Commercialized rooftop solar installations at two manufacturing facilities

Digital Transformation

  • Developing AI-enabled materials discovery platform for architects and designers
  • Aimed at creating differentiated customer experiences and unlocking new growth avenues

Management Commentary

Akshat Seth, Managing Director & CEO, stated: "Our performance over the past year reinforces our confidence in the strategic direction of the business and the strength of our portfolio. While external conditions remain challenging in certain markets, particularly in Europe, our India businesses continue to deliver broad-based growth supported by focused market development, innovation and disciplined execution. We are equally committed to improving profitability through operational excellence and cost optimisation, while investing in capacity expansion, digital capabilities and sustainability initiatives that will drive our next phase of growth. As we build for the future, our focus remains on prudent capital allocation, strengthening our competitive advantages and creating long-term value for all stakeholders."

Outlook

BirlaNu remains optimistic about H2 FY27 despite:

  • Geopolitical uncertainties
  • Raw material inflation
  • Potential demand pressures

Strong performance in the first half provides confidence for continued momentum through H2.

Business Overview

BirlaNu (formerly HIL Limited), part of the CKA Birla Group, is a home and building products and services company serving homeowners, builders and designers with sustainable, innovative solutions. Portfolio spans pipes, construction chemicals, putty, roofs, walls and floors, with brands including BirlaNu Leakproof Pipes, BirlaNu Construction Chemicals, BirlaNu TruColour Putty, Charminar, BirlaNu Aerocon, BirlaNu Clean Coats and Parador.

Operations: 33 manufacturing facilities across India, Germany and Austria

Innovation Centers: India and Germany

Markets: More than 80 international markets

Certifications: GreenPro, IGBC, PEFC, Blue Angel and EPD

Employees: Over 7,000

Recognition: India's Best Companies to Work For, Iconic Brand, Asia's Most Trusted Brand, Super Brand Award