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BirlaNu plans Rs 500 crore capex on chemicals and pipes
Livemint··10 Sept
BirlaNu will invest close to Rs 500 crore over two years to expand construction chemicals and pipes capacity, managing director Akshat Seth said. The businesses account for just under 25 percent of revenue. BirlaNu reported Rs 3,730.4 crore revenue in FY26, up 3.2 percent, while losses widened to Rs 120 crore from Rs 33 crore.
Prism
What It Means For You
- Construction chemicals and pipes are targeted to reach Rs 1,200 to 1,500 crore each.
- BirlaNu reported Rs 3,730.4 crore revenue in FY26, up 3.2 percent year on year.
- A 26 percent stake in Fourth Partner could cut power costs by at least 30 percent.
What's Happening
- BirlaNu has earmarked close to Rs 500 crore over two years to expand capacity.
- Managing director Akshat Seth said the firm is rebalancing toward higher-margin products.
- Construction chemicals and pipes currently account for just under 25 percent of revenue.
BirlaNu's portfolio shift
- BirlaNu reported losses widening to Rs 120 crore from Rs 33 crore in FY26.
- Clean Coats, acquired recently, had about Rs 50 crore revenue with 20 percent profitability.
- Seth expects 12 to 15 percent CAGR over the next four to five years.
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