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Paints & Coatings

5 articles
India’s paints and coatings sector demonstrates resilience and shareholder returns amidst varied performance. Asian Paints concluded FY26 with a 4.1% revenue increase and a robust ₹23 per share dividend, alongside strategic moves like acquiring the remaining stake in White Teak and renewing its joint venture with PPG Group, highlighting continued expansion. Kansai Nerolac, however, reported a 39% profit decline despite revenue growth, impacted by exceptional items including wage code implementation and a warehouse fire, though the company still declared a substantial ₹2.50 per share dividend. Both companies are prioritizing shareholder communication and ESG initiatives, signaling a focus on long-term sustainability and value creation within the sector.