Summary of Key Information:

Reporting Period: Quarter ended 30 June 2026 (Q1 FY2026-27)

Nature of Filing / Announcement: Outcome of Board Meeting - Financial Results and Corporate Actions

Audit Opinion:

Clean/Unmodified - Auditors issued unmodified conclusion on both standalone and consolidated financial results

Key Financial Highlights [₹ in million]:

Standalone Results:

Revenue from Operations: ₹9,650 (₹9,650 crore) for Q1 FY27 vs ₹9,931 (₹9,931 crore) for Q1 FY26 - decline of 2.8%

Total Income: ₹9,906 for Q1 FY27

EBITDA: Not explicitly stated in financial tables

Net Profit: ₹1,355 (₹135.5 crore) for Q1 FY27 vs ₹910 (₹91.1 crore) for Q1 FY26 - increase of 48.8%

EPS: ₹17.51 (basic and diluted) for Q1 FY27

Other Income: ₹813 for Q1 FY27, including dividend income of ₹559 from subsidiary and interest on income tax refund of ₹215

Consolidated Results:

Revenue from Operations: ₹9,650 for Q1 FY27 vs ₹9,931 for Q1 FY26

Total Income: ₹9,906 for Q1 FY27

Net Profit: ₹797 for Q1 FY27

EPS: ₹17.51 (basic and diluted) for Q1 FY27

Profit attributable to owners: ₹797 for Q1 FY27

Segment-wise Performance:

The Company operates in a single reportable segment - "Paints" - as per Ind AS 108, with similar risk, returns and internal business reporting system.

Corporate Actions:

  • Approved sub-division/split of existing equity shares from face value of ₹10 each to ₹1 each (10:1 split)
  • Split subject to shareholder approval via Postal Ballot and regulatory approvals
  • Approved alteration of Memorandum and Articles of Association clauses related to capital structure

Other Significant Information:

  • Company received dividend of ₹559 million from subsidiary ICI India Research and Technology Centre Private Limited (₹447 per equity share)
  • Received interest on income tax refund of ₹215 million
  • Financial results not comparable with previous periods due to slump sale of Powder Coatings business and International Research Center division in Q2 FY26
  • Media release highlights 25% volume growth in comparable business and 18.8% revenue growth in retained business
  • Launched new products: Upgraded Dulux Aquatech Waterproof Basecoat, Dulux Aquatech Damp Cure, and Sadolin Hydro PU wood coating