Asian Paints Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Asian Paints reported Q1 FY27 standalone revenue growth of about 17% with decorative value growth of 16.6% and overall volume growth of about 9%, alongside PBDIT margin of 22% and PAT growth above 30%. Management attributed the performance to price increases, premiumization, strong B2B and international growth, and low-cost inventory carried into the quarter. The company also highlighted progress on backward integration, including a completed white cement plant in Fujairah and the upcoming VAM-VAE emulsion plant, while flagging raw material inflation and competitive intensity as ongoing pressures.
Asian Paints reported Q4 FY26 decorative volume growth of 12.4% and value growth of 10.2%, with full coatings volume growth of 12.7% for the quarter. Standalone PBDIT margin for the quarter was 21.2%, up 260 bps year-on-year, and consolidated PAT before minority interest and excluding exceptional items grew 34.1% for the quarter. Management said it has taken cumulative price increases of about 10-11% against an estimated cost impact of about 20%, and discussed plans for further calibrated price increases, backward integration through the VAM-VAE project, and continued competitive intensity in the market.