| Revenue growth | Standalone Q2 +14.8%; consolidated +16.9% |
|---|---|
| Margins | Standalone gross margin 40.3%, down 339 bps YoY |
| Demand visibility | Focus on festive and wedding season demand |
Growth
Decorative volume +6.4%, value +14.5% in Q2. Standalone H1 net sales +15.8% to ₹17,580 cr; H1 PAT +25.1% to ₹2,574 cr.
Outlook
No numeric growth guidance. Q3 priorities: festive demand, calibrated pricing, cost efficiency. VAM Phase 2 pending; total capex ₹3,250 cr.
Risks
Raw material inflation, lower price pass-through, elevated competition. Standalone PBDIT margin down 144 bps to 17.1%.
Last quarter's promises, checked
Delivered
- Guided pricing impact 8-9% → calibrated ~12% pricing (= BEAT)
- Industrial to outgrow decorative → PPGAP +33.7% vs decorative value +14.5% (= BEAT)
- Value above volume on mix → value +14.5% vs volume +6.4% (= BEAT)
Partly delivered
- VAE Phase 1 start by Aug → commissioned; start month unconfirmed (= PARTIAL)
Missed
- FY27 volume band 8-10% → Q2 decorative volume +6.4% (= MISS)
- PBDIT margin 18-20% holds → standalone PBDIT 17.1% (= MISS)
Investor Presentation filed with BSE, NSE: ASIANPAINT. Summary written with AI assistance from the document.
Asian Paints Ltd: key numbers
- Share price
- ₹2,302.00
- Market cap
- ₹2,20,807 Cr
- Revenue (annual)
- ₹35,584 Cr
- Net profit (annual)
- ₹4,325 Cr
- P/E (TTM)
- 45.6×Sector 42.1×
- Promoter holding
- 52.65%+0.02% QoQ
- FII holding
- 13.76%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Asian Paints Ltd
All →Asian Paints Dividend
Asian Paints declared an interim dividend of Rs 5.75 per equity share for FY 2026-27 at its 29 October 2026 board meeting. Record date is 04-11-2026 and payment is proposed by 13-11-2026.
Asian Paints Q2 FY27 Results: Net Profit ₹1,085 Cr, Up 6.6% YoY
Asian Paints Ltd reported revenue from operations of ₹9,976 Cr (+16.9% YoY) and net profit of ₹1,085 Cr (+6.6% YoY) for Q2 FY27.
- Key figure
- Net profit ₹1,085 Cr · +6.6% YoY
Asian Paints Other Announcement
The filing discloses the quarterly shareholding pattern of Asian Paints Ltd as of September 30, 2026, including details of promoter group holdings.
Asian Paints Annual General Meeting
Asian Paints Limited issued a Postal Ballot Notice to seek shareholder approval for the appointment of Mr. Leo Puri as an Independent Director for five years.
Asian Paints Board Meeting Date
Asian Paints Limited scheduled a board meeting for 29th October 2026 to consider financial results and a potential interim dividend, setting a record date for November 4th.
Asian Paints Promoter Selling (Off-Market)
Jalaj Ashwin Dani HUF disclosed an inter-se transfer of 1,64,000 Asian Paints Limited shares by the promoter group. The transaction occurred via the block deal window.
- Promoter stake change
- -0.02%