GRASIM / Q3-FY26 / promises

Measure what management said.

Grasim · A quarter-by-quarter view of forward statements and whether delivery is visible yet.

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PositiveQ3-FY26 · 2026-01-30Back to quarter ↗

Management delivery ledger

Promises over time.

12 tracked

Q1-FY26 · Q4 FY25

Kharagpur paint plant commercial launch in H1 FY26

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q2-FY24 · Q1 FY24

Epoxy specialty capacity doubling with 12-month ramp-up

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q2-FY26 · Q1 FY26

Paint business: 6th plant commercial launch by Q2 FY26

Current-quarter results and commentary indicate the prior promise was delivered or materially on track.

met

heuristic_v1

Q2-FY26 · Q1 FY26

Chemicals: ECH and CPVC plants mechanical completion in Q3 FY26

Current-quarter results and commentary indicate the prior promise was delivered or materially on track.

met

heuristic_v1

Q3-FY24 · Q2 FY24

Paints commercial launch in Q4 FY24

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q3-FY24 · Q2 FY24

Epoxy capacity expansion commissioning in Q3 FY24

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q3-FY25 · Q2 FY25

Paints: exit FY25 with high single-digit market share

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q3-FY25 · Q2 FY25

Net debt to EBITDA at 3.5x

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q3-FY26 · Q2 FY26

Paints: double-digit QoQ growth in Q3 FY26

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q4-FY24 · Q3 FY24

Paints launch in Q4 FY24 with pan-India distribution by FY25 end

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q4-FY24 · Q3 FY24

Capex guidance of INR 5,900 crore for FY24

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q4-FY25 · Q3 FY25

Net debt-to-EBITDA not to exceed 3-3.5x

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1