Asian Paints Limited Q2 FY27 Results Disclosure

Financial Results Overview

Standalone Performance (Audited):

  • Q2 FY27 (Quarter ended 30th September 2026):
  • Revenue from operations: ₹8,453.83 crore
  • Profit before tax: ₹1,468.09 crore
  • Profit after tax: ₹1,095.55 crore
  • Basic EPS: ₹11.43 (not annualized)
  • H1 FY27 (Six months ended 30th September 2026):
  • Revenue from operations: ₹17,637.27 crore
  • Profit before tax: ₹3,450.09 crore
  • Profit after tax: ₹2,573.90 crore
  • Basic EPS: ₹26.85 (not annualized)

Consolidated Performance (Unaudited):

  • Q2 FY27:
  • Revenue from operations: ₹9,976.51 crore
  • Profit before tax: ₹1,477.78 crore
  • Profit after tax: ₹1,085.35 crore
  • PAT attributable to owners: ₹1,067.63 crore
  • Basic EPS: ₹11.14 (not annualized)
  • H1 FY27:
  • Revenue from operations: ₹20,518.45 crore
  • Profit before tax: ₹3,573.53 crore
  • Profit after tax: ₹2,644.80 crore
  • PAT attributable to owners: ₹2,606.88 crore
  • Basic EPS: ₹27.20 (not annualized)

Dividend Declaration

The Board declared an interim dividend of ₹5.75 per equity share (face value ₹1 each) for financial year ending 31st March 2027. The record date is fixed as Wednesday, 4th November 2026, with payment to be made on or after Friday, 13th November 2026.

Operational Highlights

  • Commissioned commercial production of Vinyl Acetate Ethylene Emulsion (VAE) on 17th September 2026 at Dahej, Gujarat facility
  • Installed capacity: 1,50,000 tons per annum (Phase 1)
  • Company primarily engaged in 'Paints and Decor' business with no separate reportable segments

Key Financial Metrics

Standalone Balance Sheet (as at 30th September 2026):

  • Total Assets: ₹31,274.33 crore
  • Total Equity: ₹21,106.30 crore
  • Borrowings: ₹1,633.35 crore (Non-current ₹1,183.24 crore + Current ₹450.11 crore)

Consolidated Balance Sheet (as at 30th September 2026):

  • Total Assets: ₹36,215.03 crore
  • Total Equity: ₹22,409.00 crore
  • Borrowings: ₹2,899.88 crore (Non-current ₹1,621.97 crore + Current ₹1,277.91 crore)

Management Commentary

From press release: Domestic decorative business delivered volume growth of 6.4% and value growth of 14.5%. International business grew 29.5% (23.7% in constant currency). Company implementing further staggered price increases to counter sustained raw material inflation.

Investor Conference

The Company will hold a conference with investors on 29th October 2026 at 5.00 PM IST to discuss quarterly performance.