Asian Paints' Q2 FY 2025-26 Quarterly Results

Result Summary

• Asian Paints Ltd reported a 4.4% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 6.4%.
• Its expenses for the quarter were down by 3.7% QoQ and up 4.0% YoY.
• The net profit decreased 8.8% QoQ and increased 46.8% YoY.
• The earnings per share (EPS) of Asian Paints Ltd stood at 10.36 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Asian Paints Ltd is a leading company in the paint and coatings industry, primarily engaged in the manufacture, sale, and distribution of paints, coatings, and related products. Established in 1942, the company has grown to become one of the largest paint companies in India and a significant player globally. Asian Paints caters to both the decorative and industrial paint segments, offering a wide range of products that include wall finishes, wood finishes, metal finishes, and waterproofing solutions. The company is known for its innovative products, strong brand presence, and extensive distribution network. While recent major developments are not available, Asian Paints continues to focus on expanding its market reach and enhancing its product offerings to meet diverse consumer needs.

Revenue

In Q2FY26, Asian Paints Ltd reported a total income of ₹8729.91 crores, reflecting a 4.4% decline from the previous quarter, Q1FY26, where the total income was ₹9131.34 crores. However, compared to the same quarter in the previous year, Q2FY25, the total income increased by 6.4%, up from ₹8201.09 crores. This year-over-year growth indicates an overall positive trajectory in revenue generation despite the quarter-over-quarter decline. The observed trends in revenue indicate fluctuations in quarterly performance while maintaining an upward trend on an annual basis.

Profitability

The profitability of Asian Paints Ltd in Q2FY26 saw a profit before tax (PBT) of ₹1353.22 crores, which is an 8.1% decrease from the previous quarter's figure of ₹1472.39 crores. Despite this quarter-over-quarter decrease, the PBT showed a significant year-over-year increase of 45.8% from ₹927.92 crores in Q2FY25. Similarly, the profit after tax (PAT) for Q2FY26 was ₹1018.23 crores, down by 8.8% from Q1FY26's ₹1117.05 crores, but up by 46.8% compared to ₹693.66 crores in Q2FY25. Earnings per share (EPS) also followed this trend, decreasing by 9.7% quarter-over-quarter from ₹11.47 to ₹10.36, while increasing by 43.1% year-over-year from ₹7.24. These metrics reflect significant annual growth in profitability despite a decline in quarterly performance.

Operating Metrics

The total expenses for Asian Paints Ltd in Q2FY26 amounted to ₹7376.69 crores, marking a 3.7% decrease from Q1FY26's expenses of ₹7658.95 crores, yet a 4.0% increase from Q2FY25's figure of ₹7093.03 crores. The tax expense for the quarter was ₹373.29 crores, which decreased by 4.7% from the previous quarter's tax of ₹391.66 crores, but increased by 40.7% from ₹265.38 crores in the same quarter last year. These changes illustrate a reduction in expenses and tax obligations on a quarterly basis, yet an increase in both metrics on a year-over-year basis. The financial data provided highlights key trends in the company's operational costs and tax expenses, offering insights into cost management and fiscal responsibilities within the quarter.