On Friday, May 24, Aditya Birla Group’s (ABG) combined market capitalisation surpassed $100 billion (Rs 8,51,460.25 crore) for the first time, joining the likes of Tata Group, Adani Enterprises, and Reliance.
The development came in after the companies managed by the conglomerate added almost $40 billion over the last year, followed by an 11.42% surge in 2024.
Birla Group’s portfolio
The combined valuation of UltraTech Cement, Grasim, Hindalco, Aditya Birla Capital, Aditya Birla Sun Life AMC, Vodafone Idea, Aditya Birla Fashion and Retail, TCNS Clothing, Aditya Birla Money, Century Textiles, Century Enka, and Pilani Investment stood at $100 billion on the BSE. 
Four companies from the group have witnessed their stock prices surging over two-fold in the last year, including Vodafone Idea, Century Textiles and Industries, Pilani Investment and Industries and Aditya Birla Money.
Further, with the successful completion of Vodafone Idea’s Rs 18,000 crore follow-on public offering (FPO) and the market valuation of Vodafone Idea crossing ₹1 lakh crore on Friday, which nearly tripled within the past year. The success of Vodafone has led to the re-rating of most Aditya Birla Group stocks, which primarily focus on commodities. As of Friday’s close, the combined valuation of the group stood at $102.3 billion, according to Bloomberg data.
Additionally, the cement maker Ultra Tech tops the list with a market capitalisation of nearly ₹3 lakh crore, with a 35% increase in net profit for the March quarter. The third most valuable cement company globally attributes to nearly 35% of the group’s valuation.
The Grasim Industries has a market valuation of ₹1.63 lakh crore, and its market capitalisation has doubled to nearly $20 billion in the past three years, owing to the incubation and scaling of new high-growth engines.
Grasim Industries reported strong Q4FY24 results, with record revenue of ₹37,727 Cr. and all-time high EBITDA of ₹6,196 Cr (up 27% YoY). Net profit rose 39% to ₹1,908 Cr, excluding exceptional items.@GrasimInd#GrasimIndustries#Q4FY24#BigInYourLife#AdityaBirlaGroup pic.twitter.com/EbMp6tEzlu
— Aditya Birla Group (@AdityaBirlaGrp) May 23, 2024
Hindalco’s market cap has also doubled in less than two years, adding over $7 billion in the last 12 months. Century Textiles, which encompasses the group’s real estate business, has also nearly tripled its market cap in the same period.
Hindalco Industries announced strong Q4FY24 results, with a 32% increase in consolidated Net Profit to ₹3,174 crore, driven by improved margins and volumes in aluminium and copper segments.
@Hindalco_World #HindalcoIndustries#Q4FY24#AdityaBirlaGroup#BigInYourLife pic.twitter.com/Cikpemr30r
— Aditya Birla Group (@AdityaBirlaGrp) May 24, 2024
Birla Group at the market
With the exceptional numbers gained by the various firms to the group, the Indian multinational conglomerate, headquartered in Mumbai, has outperformed the Indian Indices—Sensex and Nifty, year-to-date, as well as on a one-year, three-year, and five-year time frame. 
Further, in a statement, the group shared that ABG’s market cap accretion has been double that of the S&P, even in US dollar terms across one-year and three-year time horizons.
The group has generated a 57% return over the last year, outperforming the benchmark Nifty50, which is up by 24% during the same period.
About the Birla Group
The Aditya Birla Group, founded in 1857 by Seth Shiv Narayan Birla, has a presence in 36 nations and a combined annual revenue of US$75 billion, over 50% of which is derived from its overseas operations. 
In the country, it is one of the top ten conglomerates with a presence in various sectors such as cement, metals, fashion and retail, financial services, telecom, cement and paints.
