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Business Standard
29-07-2025
- Business
- Business Standard
Asian Paints gains after Q1 PAT rises 59% QoQ to Rs 1,100 cr
Asian Paints advanced 1.81% to Rs 2,401.55 after the company's consolidated net profit jumped 58.9% to Rs 1,099.77 crore on 6.93% increase in revenue from operations to Rs 8,938.55 crore in Q1 FY26 over Q4 FY25. On year on year (YoY) basis, the companys consolidated net profit and revenue declined 6% and 0.35%, respectively in Q1 FY26. Profit before tax (PBT) fell 5.9% YoY to Rs 1,508.7 crore in Q1 June 2025. PBDIT (Profit before depreciation, interest, tax and other income) (before share in profit of associates) decreased by 4.1% to Rs 1,625.0 crore in Q1 FY26 from Rs 1,693.8 crore in Q1 FY25. PBDIT Margin slipped to 18.2% in Q1 June 2025 compared with 18.9% in same quarter last year. International business sales increased 8.4% to Rs 736.1 crore in Q1 FY26 from Rs 679.1 crore in Q1 FY25, on the back of growth in Asian markets, UAE & Egypt. In constant currency terms, sales increased by 17.5%. PBT was Rs 38.0 crore as against Rs 6.5 crore in the corresponding period of previous year. Bath and fittings business sales were at Rs 88.7 crore (down 5.1% YoY) while Kitchen business sales stood at Rs 98.1 crore (down 2.3% YoY) during the period under review. In Q1 FY26, sales at White Teak dropped 31.9% to 20.2 crore from Rs 29.7 crore. Sales at Weatherseal increased 32.2% to Rs 15.2 crore in Q1 FY26 from Rs 11.5 crore in Q1 FY25. Under Industrial business, APPPG (Asian Paints PPG) sales were at Rs 307.4 crore in Q1 June 2025, up 4.8% compared with Rs 293.2 crore in Q1 June 2024. PPGAP (PPG Asian Paints) sales stood at Rs 574.5 crore in Q1 FY26, up 11.1%. Amit Syngle, managing director & CEO of Asian Paints, said, The paint industry experienced a slight uptick this quarter, driven by marginally improved demand from urban centres, despite monsoons slowing the momentum in June. Our revenues for the coatings business in India were 0.2% lower than last year. Domestic decorative paints business did relatively better compared to the earlier quarters, registering a volume growth of 3.9% and a revenue decline of 1.2%. The revenues from the industrial coatings business grew by 8.8%, on the back of good performance in auto & protective coating segments. The operating margins for the quarter were marginally lower on a year on year basis on account of higher sales and marketing investments. The home dor business was slow due to subdued retail consumption however the retail chain of beautiful homes stores did well. On the international front, the portfolio delivered a strong performance with a revenue growth of 11.1% on a like-to-like basis (20.4% in constant currency terms), with all key markets in the Middle East and South Asia performing well. Confident in the long-term growth potential of home dor and paints industry, we continue to drive innovation and strengthen our brand saliency as we navigate the current demand challenges. Asian Paints, established in 1942, is the largest listed company in India's decorative paints segment. It ranked among the top eight decorative coatings companies in the world. It is engaged in the business of manufacturing, selling, and distributing paints, coatings, and products related to home dor and bath fittings and providing related services.
Business Upturn
29-07-2025
- Business
- Business Upturn
Asian Paints Q1 Results: Net profit falls 6% YoY to Rs 1,099.8 crore, revenue marginally down
Asian Paints Ltd reported its consolidated financial results for the first quarter of FY26, showing a subdued performance amid a challenging demand environment. The company's consolidated net sales came in at ₹8,924.5 crore, down slightly by 0.2% from ₹8,943.2 crore in the same quarter last year. Profit before depreciation, interest, tax, and other income (PBDIT), before accounting for associate contributions, dropped 4.1% year-on-year to ₹1,625 crore. PBDIT margin also narrowed to 18.2%, compared to 18.9% in Q1 FY25. Profit before tax stood at ₹1,508.7 crore, marking a decline of 5.9% from ₹1,603.6 crore a year earlier. Net profit after minority interest slipped 6% to ₹1,099.8 crore, compared to ₹1,170 crore in the corresponding period last year. Segment Performance: In the international business, sales rose 8.4% to ₹736.1 crore, supported by growth in Asian markets, the UAE, and Egypt. In constant currency terms, the growth was 17.5%. Profit before tax jumped to ₹38 crore from ₹6.5 crore in the same quarter last year. The home décor segment remained weak. Bath fittings revenue fell 5.1% to ₹88.7 crore, with a PBDIT loss of ₹1.3 crore. The kitchen business posted a 2.3% decline in sales to ₹98.1 crore and slipped into a PBDIT loss of ₹6.2 crore, compared to a profit of ₹0.9 crore last year. White Teak sales dropped 31.9% to ₹20.2 crore, while Weatherseal saw a 32.2% rise in sales to ₹15.2 crore. In the industrial coatings business, the Asian Paints PPG (APPPG) JV saw sales rise 4.8% to ₹307.4 crore, though PBT declined to ₹24.8 crore from ₹29.8 crore. The PPG Asian Paints (PPGAP) JV reported an 11.1% increase in sales to ₹574.5 crore, while PBT slipped slightly to ₹97.3 crore from ₹99.2 crore. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
