Asian Paints Reports 69% YoY Increase in Consolidated Net Profit to Rs 1,172 Crore
Asian Paints Ltd Posts Strong Q4 FY26 Earnings
Asian Paints Ltd has reported a robust set of earnings for the fourth quarter of FY26, with consolidated net profit rising 69.3 percent year-on-year to Rs 1,172.1 crore. The company's strong sales and improved margins have contributed to this significant growth. The paint maker's board has also recommended a final dividend of Rs 23 per equity share for FY26.
Consolidated net sales increased 10.8 percent to Rs 9,228.5 crore during the quarter ended March 31, 2026, compared with Rs 8,329.6 crore in the corresponding period last year. This significant increase in sales has played a crucial role in the company's improved profitability.
The company's profitability improved significantly during the quarter. Profit before exceptional items and tax rose 33.9 percent to Rs 1,614.1 crore from Rs 1,205.2 crore a year ago. Profit before depreciation, interest, tax and other income (PBDIT) increased 24.4 percent to Rs 1,786.6 crore. The PBDIT margin expanded to 19.4 percent from 17.2 percent in the year-ago quarter, reflecting improved operating performance.
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Net profit before minority interest and exceptional items increased 34.1 percent year-on-year, while net profit after minority interest surged 69.3 percent to Rs 1,172.1 crore from Rs 692.1 crore in the corresponding quarter of the previous fiscal.
The board recommended a final dividend of Rs 23 per equity share of face value Re 1 each for FY26, subject to shareholder approval at the company's upcoming 80th Annual General Meeting. Including the interim dividend of Rs 4.50 per share paid earlier, the total dividend for FY26 stands at Rs 27.50 per equity share. The company has fixed June 23, 2026, as the record date for determining shareholders eligible for the final dividend. If approved, the dividend will be paid on or after July 13, 2026.
| Category | Q4 FY25 | Q4 FY26 | YoY Growth |
|---|---|---|---|
| Consolidated Net Sales | Rs 8,329.6 crore | Rs 9,228.5 crore | 10.8% |
| Profit Before Exceptional Items and Tax | Rs 1,205.2 crore | Rs 1,614.1 crore | 33.9% |
| Profit Before Depreciation, Interest, Tax and Other Income (PBDIT) | Rs 1,442.2 crore | Rs 1,786.6 crore | 23.6% |
| PBDIT Margin | 17.2% | 19.4% | 12.2% |
| Net Profit After Minority Interest | Rs 692.1 crore | Rs 1,172.1 crore | 69.3% |
Investor Takeaway
Asian Paints reported a strong set of earnings with a 69% YoY increase in consolidated net profit, driven by higher sales and improved margins.
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