Asian Paints Limited

Asian Paints Limited informed the BSE Limited and National Stock Exchange of India Limited that Geetanjali Trading and Investments Private Limited, a promoter group entity, partially implemented a trading plan to purchase 400,000 equity shares, with the first tranche of 200,000 shares not executed due to the market price remaining above Rs. 2,650 per share, according to a filing on August 21, 2026; the Audit Committee subsequently determined the non-implementation was bona fide.

A disclosure document dated August 11, 2026, reveals that promoters and related entities of a company hold a significant number of shares, totaling approximately 83.34 million, but none are currently pledged. Key entities, including Satyadharma Investments and Trading Company Private Ltd, Castle Investment & Industries Private Limited, and Lyon Investment & Industries Private Limited, hold substantial portions of the total shares, ranging from 19.1% to 15.0%. The document details a complex ownership structure involving numerous private limited companies, trusts, and individual promoters, and serves as a transparency measure for regulatory bodies or lenders. The total share count used for percentage calculations is assumed to be 83,34,280, and the disclosure does not indicate any current risk associated with pledged shares.

As of August 7, 2026, promoters and promoter groups collectively held 50,478,519 shares, representing 52.63% of the total outstanding shares. Individual promoters including Urvashi Ashwin Choksi (0.08%), Ina Ashwin Dani (0.15%), and Malav Ashwin Dani (0.38%) reported shareholdings, while others held zero shares due to involvement in affiliated trusts and companies. Promoter group entities, such as Unnati Trading and Investments Private Limited (1.09%) and Doli Trading and Investments Private Limited (0.98%), also hold significant stakes. Dani Finlease Private Limited holds 10,930 shares, while Vikatmev Containers Ltd. holds 111,600. A total of 1,317,427 shares are pledged, accounting for 1.37% of the total shares. The filing was signed by Smiti Holding and Trading Company Private Limited.

Revenue from sales rose 17.89% year on year (YoY) to Rs 10,521.44 crore in Q1 FY27. Profit before tax jumped 38.91% to Rs 2,095.75 crore in Q1 FY27 as against Rs 1,508.71 crore in Q1 FY26. PBDIT (profit before depreciation, interest, tax and other income) increased 33.5% YoY to Rs 2,168.8 crore in Q1 FY27 from Rs 1,625.0 crore in the corresponding quarter of the previous year. In Q1 FY27, PBDIT Margin as % to Net Sales increased to 20.6%, up from 18.2% in the same quarter last year. On a segmental basis, the international business reported a 27.2% year-on-year (YoY) increase in net sales to Rs 936.5 crore in Q1 FY27 from Rs 736.1 crore in Q1 FY26, driven by operations in Egypt, the UAE, Oman, Nepal and Bangladesh. On a constant currency basis, net sales rose 20.3%, while profit before tax (PBT) surged 94.9% YoY to Rs 74.1 crore in Q1 FY27. In the Home Decor segment, the bath fittings business reported a 4.3% YoY decline in net sales to Rs 84.9 crore in Q1 FY27 from Rs 88.7 crore in Q1 FY26, while its loss before tax widened to Rs 8.8 crore from Rs 2.3 crore in the corresponding quarter of the previous year. The kitchen business posted a 10.1% YoY increase in net sales to Rs 108 crore in Q1 FY27 from Rs 98.1 crore in Q1 FY26, with its loss before tax narrowing sharply to Rs 0.3 crore from Rs 8.8 crore in the year-ago period. Meanwhile, White Teak's net sales declined 7.4% YoY to Rs 18.7 crore in Q1 FY27, while Weatherseal's net sales increased 11.2% YoY to Rs 16.9 crore in the corresponding quarter of the previous year. In the Industrial business, Asian Paints PPG (APPPG) reported a 21.3% year-on-year (YoY) increase in net sales to Rs 372.9 crore in Q1 FY27 from Rs 307.4 crore in Q1 FY26. Profit before tax (PBT) rose to Rs 25.8 crore in Q1 FY27 from Rs 24.8 crore in the corresponding quarter of the previous year. Meanwhile, PPG Asian Paints (PPGAP) posted a 13.5% YoY growth in net sales to Rs 651.9 crore in Q1 FY27 from Rs 574.5 crore in Q1 FY26. Profit before tax (PBT) increased to Rs 102.7 crore from Rs 97.3 crore in the year-ago period. On a standalone basis, net sales increased 16.7% year-on-year (YoY) to Rs 9,156.5 crore in Q1 FY27 from Rs 7,848.8 crore in Q1 FY26. Profit before depreciation, interest, tax and other income (PBDIT) rose 32.2% YoY to Rs 2,011.7 crore from Rs 1,521.1 crore, while the PBDIT margin improved to 22.0% from 19.4% in the corresponding quarter of the previous year. Profit before tax (PBT) climbed 34.9% YoY to Rs 1,982.0 crore in Q1 FY27 from Rs 1,469.5 crore in Q1 FY26. Net profit increased 34.3% YoY to Rs 1,478.4 crore from Rs 1,100.5 crore in the year-ago period. Amit Syngle, Managing Director & CEO of Asian Paints, said, 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 D'cor 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.' Asian Paints is India's leading paint and decor company and ranked among the top 8 coatings companies in the world with a consolidated turnover of Rs 35,516 crore (Rs 355 billion) in FY26 and with a market capitalization of approx Rs 2,528 billion. Powered by Capital Market - Live

Net profit of Asian Paints rose 39.96% to Rs 1539.25 crore in the quarter ended June 2026 as against Rs 1099.77 crore during the previous quarter ended June 2025. Sales rose 17.89% to Rs 10521.44 crore in the quarter ended June 2026 as against Rs 8924.49 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales10521.448924.49 18 OPM %20.6118.21 - PBDT2399.941809.58 33 PBT2095.751508.71 39 NP1539.251099.77 40 Powered by Capital Market - Live

The board of Asian Paints at its meeting held on 29 July 2026 has approved the appointment of Shubhlakshmi Dani (DIN: 02942138) as an Additional and Non-Executive Director of the Company, with immediate effect.

Asian Paints Ltd fell 1.44% today to trade at Rs 2639.3. The BSE Consumer Durables index is down 1.2% to quote at 61259.88. The index is up 4.85 % over last one month. Among the other constituents of the index, Berger Paints India Ltd decreased 1.39% and Titan Company Ltd lost 1.15% on the day. The BSE Consumer Durables index went up 2.97 % over last one year compared to the 6.71% fall in benchmark SENSEX. Asian Paints Ltd has lost 3.9% over last one month compared to 4.85% gain in BSE Consumer Durables index and 1.9% rise in the SENSEX. On the BSE, 1861 shares were traded in the counter so far compared with average daily volumes of 81167 shares in the past one month. The stock hit a record high of Rs 2985.5 on 04 Dec 2025. The stock hit a 52-week low of Rs 2116 on 23 Mar 2026.Powered by Capital Market - Live

Asian Paints has appointed Sudhir Sitapati (DIN: 09197063) as an Additional and Independent Director of the Company for a term of five (5) consecutive years commencing from 29 May 2026 to 28 May 2031.

Asian Paints will hold a meeting of the Board of Directors of the Company on 29 July 2026.

Asian Paints announced that India Rating and Research has assigned the rating IND AAA; Stable / IND A1+ to the bank facilities aggregating to Rs 2,300 crore availed by the company.