Mumbai, July 29: Asian Paints announced their financial results for the quarter ended June 30, 2026.
We started FY27 on a good note, building on the momentum of the previous quarter and delivering a strong performance across businesses. Decorative business grew at a healthy volume growth of 9%, supported by calibrated pricing actions, translating into a robust value growth of 16.6%. Industrial coatings sustained its mid-teen growth trajectory, growing by more than 16% in value.
Amidst an environment that remained uncertain, the performance reflects our innovation-led strategy, deeper consumer connect and continued strengthening of our service propositions in the market.
Our International business delivered healthy growth across key markets along with margin expansion, with the Middle East performing particularly well despite market challenges arising from the ongoing conflict in the region. Home Décor continued to make steady progress through our Beautiful Homes network, strengthening the Decor relationship with consumers.
We delivered strong profitability, supported by measured price increases, better mix, formulation and sourcing efficiencies and disciplined cost management. With volatility in raw material prices, we will stay agile and continue to focus on tech innovation and customer centricity to maintain our saliency in the market,” said Amit Syngle, Managing Director & CEO of Asian Paints Limited.
Key Financial Highlights
1. Asian Paints Consolidated Results:
• Consolidated Net Sales increased by 17.9% to ₹ 10,521.4 crore from ₹ 8,924.5 crore.
• PBDIT (Profit before depreciation, interest, tax and other income) increased by 33.5% to ₹ 2,168.8 crore from ₹ 1,625.0 crore.
PRESS RELEASE
Page 2 of 2 Corporate Identification Number (CIN): L24220MH1945PLC004598 Regd. Office: Asian Paints House, 6A & 6B, Shanti Nagar, Santacruz (East), Mumbai 400055, Maharashtra, India Tel: +91-22-6218 1000 (B); Fax: +91-22-6218 1111 Email: proffice@asianpaints.com
• PBDIT Margin as % to Net Sales increased to 20.6%, up from 18.2% in the same quarter last year.
• Profit before tax increased by 38.9% to ₹ 2,095.7 crore from ₹ 1,508.7 crore.
• Net Profit after minority interest increased by 40.0% to ₹ 1,539.3 crore from ₹ 1,099.8 crore.
2. Asian Paints Standalone Results:
• Standalone Net Sales increased by 16.7% to ₹ 9,156.5 crore from ₹ 7,848.8 crore.
• PBDIT (Profit before depreciation, interest, tax and other income) for the quarter increased by 32.2% to ₹ 2,011.7 crore from ₹ 1,521.1 crore.
• PBDIT Margin as % to Net Sales increased to 22.0% from 19.4% in the corresponding period of the previous year.
• Profit before tax increased by 34.9% to ₹ 1,982.0 crore from ₹ 1,469.5 crore.
• Net Profit increased by 34.3% to ₹ 1,478.4 crore from ₹ 1,100.5 crore.
3. Segment Highlights:
a. International business: Net Sales increased by 27.2% to ₹ 936.5 crore from ₹ 736.1 crore led by units in Egypt, UAE, Oman, Nepal and Bangladesh. In constant currency terms, Net Sales increased by 20.3%. Profit before tax at ₹ 74.1 crore increased by 94.9%.
b. Home Décor business:
i. Bath Fittings business: Net Sales decreased by 4.3% to ₹ 84.9 crore from ₹ 88.7 crore. Loss before tax increased to ₹ 8.8 crore against ₹ 2.3 crore in the corresponding period of the previous year.
ii. Kitchen business: Net Sales increased by 10.1% to ₹ 108.0 crore from ₹ 98.1 crore. Loss before tax reduced to ₹ 0.3 crore against ₹ 8.8 crore in the corresponding period of the previous year.
iii. White Teak and Weatherseal: Net Sales of White Teak decreased by 7.4% to ₹ 18.7 crore and for Weatherseal it increased by 11.2% to ₹ 16.9 crore.
c. Industrial business:
i. APPPG: Net Sales increased by 21.3% to ₹ 372.9 crore from ₹ 307.4 crore. Profit before tax was ₹ 25.8 crore as against ₹ 24.8 crore in the same period last year.
ii. PPGAP: Net Sales increased by 13.5% to ₹ 651.9 crore from ₹ 574.5 crore. Profit before tax was ₹ 102.7 crore as against ₹ 97.3 crore in the same period last year.