Asian Paints Posts 69% YoY Rise in Q4 Net Profit to ₹1,185.5 Crore, Volume Growth at 12.4%

Asian Paints Reports 69.15% Growth in Consolidated Net Profit for Q4FY26

Asian Paints on Friday announced a consolidated net profit of ₹1,185.49 crore for the fourth quarter of FY26, marking a robust growth of 69.15% from ₹700.83 crore in the year-ago quarter. The company's revenue from operations in Q4FY26 grew 10.62% to ₹9,246.70 crore from ₹8,358.91 crore, year-on-year (YoY).

At the operational level, EBITDA during the March quarter increased 24.4% to ₹1,787 crore from ₹1,436.2 crore, while EBITDA margin improved to 19.3% from 17.2%, YoY. Asian Paint's Decorative Business (India) delivered a volume growth of 12.4%, with value growth of 10.2%. Strong growth in Industrial Coatings aided the overall Coatings performance, enhancing the volume and value growth to 12.7% and 11.0% respectively.

The company's international business saw a significant increase in sales, rising by 11% to ₹888.1 crore in Q4FY26 from ₹799.7 crore YoY, led by units in Sri Lanka, Egypt, and UAE. In constant currency terms, net sales increased by 8.2%. Profit before exceptional items and tax during the March quarter was ₹75.4 crore as against ₹38.2 crore in the corresponding period of the previous year.

Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data

The Home Décor Business also reported notable growth, with the Bath Fittings business' sales growing by 3.7% YoY to ₹95.4 crore. The segment's profit before exceptional items and tax was at ₹4.4 crore against a loss before exceptional items and tax of ₹4.5 crore, YoY. The Kitchen business' sales increased 16.5% YoY to ₹99.1 crore, while its loss before exceptional items and tax reduced to ₹0.9 crore from ₹16.5 crore, YoY.

In its White Teak and Weatherseal business, sales of White Teak in Q4FY26 rose by 16.8% YoY to ₹23.4 crore and for Weatherseal it increased by 24.9% YoY to ₹20.2 crore.

The board of directors of Asian Paints recommended payment of a final dividend of ₹23 per equity share of the face value of Re 1 each for the financial year ended 31 March 2026, subject to the approval of the shareholders of the Company at the ensuing 80th Annual General Meeting. The total dividend for FY26 aggregates to ₹27.50 per share each, including the interim dividend of ₹4.50 per equity share as approved in November 2025.

Asian Paints' dividend record date has been fixed as 23 June 2026, Tuesday, for determining the eligibility of the shareholders for the final dividend. The dividend, if approved by the shareholders, will be paid on or after 13 July 2026, Monday.

Read also: US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline

At 2:30 PM, Asian Paints' share price was trading 0.89% higher at ₹2,696.10 apiece on the BSE.