BirlaNu (formerly HIL Limited) delivered a robust Q2, with consolidated revenue up ~5% YoY to INR 810 Cr.
A key highlight was the significant 330 bps expansion in EBITDA margin, with H1 consolidated EBITDA jumping 20% YoY to INR 63 Cr.
While overall H1 revenue saw a minor dip to INR 1,862 Cr, segments like Walls (+18% revenue) and Construction Chemicals (+31% revenue) performed strongly in India.
Parador (Floors) shined globally with 11% revenue growth and a strong 720 bps margin boost from restructuring. **Strategic Moves:** BirlaNu acquired Clean Coats for INR 110.19 Cr, instantly boosting its Construction Chemicals portfolio with 275+ specialized products and global market access – a margin-accretive deal. **Future Focus:** Management is driving profitability through a value enhancement exercise with BCG.
Expansion plans include a new OPVC facility in Patna and a green-field project in Andhra Pradesh for Designer Boards.
The company plans innovative launches and focuses on accelerating growth, enhancing customer engagement, and strengthening execution.
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