Asian Paints (ASIANPAINT) — Financial Results

Asian Paints reported Q2 FY26 consolidated net sales growth of 6.4% with PBDIT expansion of 21.3%, driven by 10.9% volume growth offset by modest 6% value growth. Standalone gross margins expanded 270 bps to 43.7% on material deflation and operational efficiency. International business delivered 9.9% INR growth with PBT margins improving 450 bps to 9%. Industrial segments (PPGAP 13%, APPG 10%) remained robust. Management maintains mid-single-digit full-year value guidance with 4-5% volume-value gap, citing benign raw material environment and strategic investments in marketing and innovation.

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About Asian Paints Limited (ASIANPAINT)

Consumer Durables · Consumer Durables · Listed on NSE

Market Cap: ₹2,49,928.58 Cr P/E: 65.0 ROE: 19.8% ROCE: 26.0%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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