Asian Paints announced a strong performance for Q2 FY’26, with consolidated net sales reaching ₹8,514 crores, a 6.4% increase. The Board declared an interim dividend of ₹4.5 per share. Standalone PBDIT margin improved significantly to 18.5%. The Decorative Business in India saw volume growth of 10.9%, driving overall revenue. The international business grew by 9.9%, reinforcing the company’s global presence.
Financial Performance Overview
Asian Paints reported a robust financial performance for the second quarter of fiscal year 2026. Key highlights include:
- Consolidated Net Sales: ₹8,514 crores, up 6.4%
- Standalone Net Sales: ₹7,336 crores, up 5.8%
- Consolidated PBDIT: ₹1,503 crores, up 21.3%
Interim Dividend Announcement
The Board of Directors has approved an interim dividend of ₹4.50 per equity share. The record date for determining shareholders eligible for the dividend is November 18, 2025, with payment scheduled on or after November 27, 2025.
Segment Performance
Decorative Business (India): Experienced a volume growth of 10.9%, translating to a revenue increase of 6.0%. This growth was fueled by supportive policy actions and an early start to the festive season, with broad-based expansion across both urban and rural areas.
Industrial Segments: Demonstrated steady double-digit growth, reflecting strong demand in these sectors.
International Business: Achieved a growth of 9.9%, or 10.6% on a constant currency basis. Strong performance was observed in key markets across South Asia, the Middle East, and Africa.
Standalone Performance Details
Key figures for Asian Paints’ standalone operations in Q2 FY’26 include:
- Net Sales: ₹7,335.85 crores, an increase from the previous period.
- Total Income: ₹7,588.25 crores.
- Basic Earnings Per Share (EPS): ₹9.97.
Leadership Commentary
Amit Syngle, Managing Director & CEO of Asian Paints Ltd., stated that the company’s focus on innovation and strong execution drove the results. He highlighted the improvement in the domestic decorative business and the double-digit revenue growth in international markets. He also acknowledged ongoing efforts to enhance cost efficiencies and sustain brand investments.
Source: BSE
