Brands
A new coat of paint: HIL rebrands as BirlaNu Ltd
MUMBAI: One of India’s heavyweight building materials suppliers is having a makeover. HIL Ltd, part of the $3 billion CK Birla Group, has swapped its workmanlike moniker for the snappier BirlaNu Ltd the company announced on Monday.
The rebranding isn’t just cosmetic—it’s meant to cement the firm’s position in the global construction materials market. With 32 manufacturing facilities across India and Europe, and customers in more than 80 countries, BirlaNu appears to be building quite the empire.
“Our new identity, BirlaNu reflects who we are at our core—a company who is always pushing forward,” declares president of the newly christened outfit Avanti Birla. “We’re in this business because we believe in quality, innovation and making things that last.”
Birla, laying it on with a trowel, added: “Whether it’s creating better materials, improving sustainability, or bringing fresh ideas to construction, we’re here crafting innovative buildings and structures that stand the test of time.”
The company has been busy mixing up its business portfolio. Managing director & chief executive Akshat Seth highlighted that BirlaNu has introduced organic based stabilisers in UPVC pipe manufacturing—”an industry first in India, eliminating heavy metals.”
Not content with mere pipes, the firm has also “doubled our AAC block capacity in Chennai to four lakh cubic meters per year, making it one of the country’s largest facilities,” Seth disclosed.
In a move that will floor competitors, BirlaNu is bringing its “global premium flooring brand Parador to India,” marking its thrust into the home and interiors space.
The rebrand appears to be more than just window dressing. With “integrity, collaboration and excellence at its core,” BirlaNu is clearly hoping its new identity will provide solid foundations for future growth.
Whether this fresh lick of paint will help the firm nail its ambitious expansion plans remains to be seen. But one thing’s for certain: the company formerly known as HIL is determined not to hit the wall.
Brands
Eternal posts Rs 54,364 crore revenue, up 168 per cent in FY26
Q4 profit rises to Rs 174 crore as firm streamlines District business
NEW DELHI: Eternal Limited reported a sharp surge in scale for FY26, with consolidated revenue rising 168 per cent year-on-year to Rs 54,364 crore, underscoring strong growth across its core businesses.
The company’s growth was mirrored in its bottom line, with a total annual profit of Rs 366 crore. The fourth quarter was particularly strong, contributing Rs 17,292 crore in revenue and Rs 174 crore in profit, a sharp rise compared to the Rs 39 crore profit recorded in the same period last year.
Key financial metrics from the report include:
- Total assets: Increased to Rs 40,736 crore from last year’s Rs 35,623 crore.
- Delivery charges: The company collected Rs 9,065 crore in delivery and related charges over the year.
- Employee costs: Staffing and benefit expenses amounted to Rs 3,536 crore.
- Liquidity: The firm maintains a cash balance of Rs 996 crore, supported by Rs 632 crore generated from operating activities.
On the strategic front, the company has approved the transfer of its District platform’s technology stack to its wholly owned subsidiary, Wasteland Entertainment Private Limited. The deal, valued at Rs 24.19 crore, will be completed in cash and is expected to close by May 1, 2026, along with the transition of select employees. The move is aimed at consolidating its entertainment and ticketing operations under a focused entity.
From a regulatory standpoint, statutory auditors Deloitte Haskins & Sells issued an unmodified opinion on the financial results. However, they flagged an ongoing show cause notice related to GST on delivery charges, which the company continues to contest, citing a strong legal position.
With robust revenue growth and ongoing structural tweaks, Eternal is clearly sharpening its playbook as it expands beyond its core into a broader consumer services ecosystem.
