Asian Paints Ltd

Stocks to Watch: Asian Paints' step-down subsidiary, Berger Paints Emirates (L.L.C), UAE proposes to set up its second paint manufacturing facility in UAE with an investment of AED 140 million (approximately Rs 340 crore), having an initial capacity of 55,800 KL per annum. Havells India board has approved acquiring a stake of 26% in Kundan Solar (Pali), a special purpose vehicle (SPV), established for the business of developing, installing, operating, managing and maintaining solar power plant. One97 Communications (Paytm)'s wholly owned subsidiary, Paytm Payments Services has received certificate of authorization (COA) to operate as a payment aggregator under the Payment and Settlement Systems Act, 2007. Info Edge (India) has agreed to invest Rs 5 crore in its wholly owned subsidiary, Smartweb Internet Services and about Rs 70 crore in its arm Startup Investments. M&B Engineering's wholly owned subsidiary, Phenix Construction Technologies INC., USA, secured a sizable export order for design, manufacturing and supply of pre-engineered building/ structural steel to its customer in the USA. The said order is worth Rs 7.53 million. Axis Bank appointed Anand Viswanathan as chief risk officer for a period of 3 years with erfect from 1 January 2026 to 31 December 2028. Amit Talgeri will cease to be the chief risk officer upon completion of his 2nd term, with effect from close of business hours of December 31, 2025.Powered by Capital Market - Live

Berger Paints Emirates (L.L.C), UAE, a step-down subsidiary of Asian Paints International Singapore, a wholly owned subsidiary of Asian Paints, proposes to set up its second paint manufacturing facility in UAE with an investment of AED 140 million (approximately Rs 340 crore), having an initial capacity of 55,800 KL per annum. The facility will be spread across 100,000 sqm within Khalifa Economic Zones Abu Dhabi (KEZAD), Abu Dhabi, UAE.Powered by Capital Market - Live

The counter surged 14.67% in the six consecutive trading sessions from its recent closing low of 2,486.60 on 4 November 2025. The company's consolidated net profit climbed 43.04% to Rs 993.59 crore on 6.38% increase in revenue from sales to Rs 8,513.70 crore in Q2 FY26 over Q2 FY25. Profit before tax (PBT) jumped 45.1% to Rs 1,391.52 crore in Q2 Sept 2025. PBDIT (Profit before depreciation, interest, tax, other income, and exceptional items) (before share in profit of associates) increased 21.3% to Rs 1,503.4 crore in Q2 FY26 from Rs 1,239.5 crore in Q2 FY25. In Q2 FY26, PBDIT Margin as % to net sales at 17.7% from 15.5% posted in the corresponding quarter last year. Decorative Business (India) registered volume growth of 10.9% with revenue growth of 6.0% Revenue from international business rose 9.9% to Rs 846 crore in Q2 FY26 compared with Rs 769.5 crore in Q2 FY25. In constant currency terms, sales increased by 10.6%. Profit before exceptional items and tax in Q2 FY'26 was Rs 76.4 crore as against Rs 34.7 crore in the corresponding quarter last year. Within the industrial business segment, revenue from APPG increased 10.2% YoY to Rs 292.6 crore, while PPGAP sales climbed 13.3% YoY to Rs 594.3 crore in Q2 FY26. In the home d'cor segment, the Bath Fittings business declined 4.7% YoY to Rs 79.3 crore, and Kitchen business revenue slipped 7.2% to Rs 97.7 crore from Rs 105.3 crore in Q2 FY25. During the quarter, sales at White Teak dropped 15.2% YoY to Rs 26.4 crore, whereas Weatherseal reported robust growth of 56.9% YoY to Rs 20.7 crore. Meanwhile, the company's board declared an interim dividend of Rs 4.50 per share with a face value of Re 1 each for FY26. The record date for dividend has been fixed as Tuesday, 18th November 2025, and the dividend will be paid on or after Thursday, 27th November 2025. Amit Syngle, managing director & CEO of Asian Paints, said, 'This was a quarter of focused innovation, good execution and regionalisation of initiatives, resulting in a strong performance. We saw an improvement in our domestic decorative business with a double-digit volume growth of 10.9% and a 6% increase in value, despite the challenges posed by an extensive and prolonged monsoon. This growth was driven by our ability to generate demand across urban and rural areas through various regional activations and intense marketing /brand building measures. Growth was further accelerated by enhanced performance in our Automotive and Industrial Protective Coatings segments, contributing to an overall 6.7% value growth in the domestic coatings business. In the International business, we delivered double-digit revenue growth, led by key markets in South Asia, the Middle East and Africa. While the Home D'cor business continues to navigate headwinds, our progress with beautiful homes stores is promising. Our ongoing efforts to elevate cost efficiencies have delivered positive results, allowing us to increase our profit margins even as we increased investments in our brand and retailing initiatives. The business landscape continues to be challenging and highly dynamic. However, we remain steadfast in our commitment to strengthening our brand saliency and driving innovation, to deliver sustained performance and create value for all our stakeholders.' Asian Paints, established in 1942, is the largest listed company in India's decorative paints segment. It ranked among the top eight decorative coatings companies in the world. It is engaged in the business of manufacturing, selling, and distributing paints, coatings, and products related to home d'cor and bath fittings and providing related services.Powered by Capital Market - Live

Profit before tax (PBT) jumped 45.1% to Rs 1391.52 crore in Q2 Sept 2025. PBDIT (Profit before depreciation, interest, tax, other income, and exceptional items) (before share in profit of associates) increased 21.3% to Rs 1,503.4 crore in Q2 FY26 from Rs 1,239.5 crore in Q2 FY25. In Q2 FY26, PBDIT Margin as % to net sales at 17.7% from 15.5% posted in the corresponding quarter last year. Decorative Business (India) registered volume growth of 10.9% with revenue growth of 6.0% Revenue from international business rose 9.9% to Rs 846 crore in Q2 FY26 compared with Rs 769.5 crore in Q2 FY25. In constant currency terms, sales increased by 10.6%. Profit before exceptional items and tax in Q2 FY'26 was Rs 76.4 crore as against Rs 34.7 crore in the corresponding quarter last year. Within the industrial business segment, revenue from APPG increased 10.2% YoY to Rs 292.6 crore, while PPGAP sales climbed 13.3% YoY to Rs 594.3 crore in Q2 FY26. In the home d'cor segment, the Bath Fittings business declined 4.7% YoY to Rs 79.3 crore, and Kitchen business revenue slipped 7.2% to Rs 97.7 crore from Rs 105.3 crore in Q2 FY25. During the quarter, sales at White Teak dropped 15.2% YoY to Rs 26.4 crore, whereas Weatherseal reported robust growth of 56.9% YoY to Rs 20.7 crore. Meanwhile, the company's board declared an interim dividend of Rs 4.50 per share with a face value of Re 1 each for FY26. The record date for dividend has been fixed as Tuesday, 18th November 2025, and the dividend will be paid on or after Thursday, 27th November 2025. Amit Syngle, managing director & CEO of Asian Paints, said, 'This was a quarter of focused innovation, good execution and regionalisation of initiatives, resulting in a strong performance. We saw an improvement in our domestic decorative business with a double-digit volume growth of 10.9% and a 6% increase in value, despite the challenges posed by an extensive and prolonged monsoon. This growth was driven by our ability to generate demand across urban and rural areas through various regional activations and intense marketing /brand building measures. Growth was further accelerated by enhanced performance in our Automotive and Industrial Protective Coatings segments, contributing to an overall 6.7% value growth in the domestic coatings business. In the International business, we delivered double-digit revenue growth, led by key markets in South Asia, the Middle East and Africa. While the Home D'cor business continues to navigate headwinds, our progress with beautiful homes stores is promising. Our ongoing efforts to elevate cost efficiencies have delivered positive results, allowing us to increase our profit margins even as we increased investments in our brand and retailing initiatives. The business landscape continues to be challenging and highly dynamic. However, we remain steadfast in our commitment to strengthening our brand saliency and driving innovation, to deliver sustained performance and create value for all our stakeholders.' Asian Paints, established in 1942, is the largest listed company in India's decorative paints segment. It ranked among the top eight decorative coatings companies in the world. It is engaged in the business of manufacturing, selling, and distributing paints, coatings, and products related to home d'cor and bath fittings and providing related services.Powered by Capital Market - Live

Asian Paints has fixed 18 November 2025 as record date for interim dividend of Rs 4.50 per share for FY 2025-26. The dividend will be paid on or after 27 November 2025. Powered by Capital Market - Live

Net profit of Asian Paints rose 43.04% to Rs 993.59 crore in the quarter ended September 2025 as against Rs 694.64 crore during the previous quarter ended September 2024. Sales rose 6.38% to Rs 8513.70 crore in the quarter ended September 2025 as against Rs 8003.02 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales8513.708003.02 6 OPM %17.6615.49 - PBDT1696.451381.17 23 PBT1391.521139.18 22 NP993.59694.64 43 Powered by Capital Market - Live

Asian Paints announced that the Board of Directors of the Company at its meeting held on 12 November 2025, has recommended a Interim Dividend of Rs.4.50 per share (i.e.450%), subject to the approval of the shareholders.Powered by Capital Market - Live

Asian Paints Ltd gained 0.76% today to trade at Rs 2638.55. The BSE Consumer Durables index is up 0.59% to quote at 60323.68. The index is up 1.25 % over last one month. Among the other constituents of the index, PG Electroplast Ltd increased 0.67% and Titan Company Ltd added 0.66% on the day. The BSE Consumer Durables index went down 2.15 % over last one year compared to the 4.67% surge in benchmark SENSEX. Asian Paints Ltd has added 12.74% over last one month compared to 1.25% gain in BSE Consumer Durables index and 0.85% rise in the SENSEX. On the BSE, 4368 shares were traded in the counter so far compared with average daily volumes of 65449 shares in the past one month. The stock hit a record high of Rs 2934.95 on 07 Nov 2024. The stock hit a 52-week low of Rs 2125 on 04 Mar 2025.Powered by Capital Market - Live

Asian Paints will hold a meeting of the Board of Directors of the Company on 12 November 2025.Powered by Capital Market - Live

On year on year (YoY) basis, the company's consolidated net profit and revenue declined 6% and 0.35%, respectively in Q1 FY26. Profit before tax (PBT) fell 5.9% YoY to Rs 1,508.7 crore in Q1 June 2025. PBDIT (Profit before depreciation, interest, tax and other income) (before share in profit of associates) decreased by 4.1% to Rs 1,625.0 crore in Q1 FY26 from Rs 1,693.8 crore in Q1 FY25. PBDIT Margin slipped to 18.2% in Q1 June 2025 compared with 18.9% in same quarter last year. International business sales increased 8.4% to Rs 736.1 crore in Q1 FY26 from Rs 679.1 crore in Q1 FY25, on the back of growth in Asian markets, UAE & Egypt. In constant currency terms, sales increased by 17.5%. PBT was Rs 38.0 crore as against Rs 6.5 crore in the corresponding period of previous year. Bath and fittings business sales were at Rs 88.7 crore (down 5.1% YoY) while Kitchen business sales stood at Rs 98.1 crore (down 2.3% YoY) during the period under review. In Q1 FY26, sales at White Teak dropped 31.9% to 20.2 crore from Rs 29.7 crore. Sales at Weatherseal increased 32.2% to Rs 15.2 crore in Q1 FY26 from Rs 11.5 crore in Q1 FY25. Under Industrial business, APPPG (Asian Paints PPG) sales were at Rs 307.4 crore in Q1 June 2025, up 4.8% compared with Rs 293.2 crore in Q1 June 2024. PPGAP (PPG Asian Paints) sales stood at Rs 574.5 crore in Q1 FY26, up 11.1%. Amit Syngle, managing director & CEO of Asian Paints, said, 'The paint industry experienced a slight uptick this quarter, driven by marginally improved demand from urban centres, despite monsoons slowing the momentum in June. Our revenues for the coatings business in India were 0.2% lower than last year. Domestic decorative paints business did relatively better compared to the earlier quarters, registering a volume growth of 3.9% and a revenue decline of 1.2%. The revenues from the industrial coatings business grew by 8.8%, on the back of good performance in auto & protective coating segments. The operating margins for the quarter were marginally lower on a year on year basis on account of higher sales and marketing investments. The home d'cor business was slow due to subdued retail consumption however the retail chain of beautiful homes stores did well. On the international front, the portfolio delivered a strong performance with a revenue growth of 11.1% on a like-to-like basis (20.4% in constant currency terms), with all key markets in the Middle East and South Asia performing well. Confident in the long-term growth potential of home d'cor and paints industry, we continue to drive innovation and strengthen our brand saliency as we navigate the current demand challenges.' Asian Paints, established in 1942, is the largest listed company in India's decorative paints segment. It ranked among the top eight decorative coatings companies in the world. It is engaged in the business of manufacturing, selling, and distributing paints, coatings, and products related to home d'cor and bath fittings and providing related services.Powered by Capital Market - Live