ASIAN PAINTS LTD. — Q1FY27 earnings call summary

Filed 03 August 2026 · Official transcript

Multiple analyst queries on pricing impact, demand trends, and margin outlook addressed by management
FY27 volume growth guidance maintained at 8-10%; margin guidance at 18-20% PBDIT
Q1 FY27 volume growth at 9%, decorative and industrial segments grew ~16.5% value-wise
VAM-VAE backward integration plant commissioning in August; expected to improve cost competitiveness
Industrial segment margins pressured due to deferred price hikes; expected to normalize with time
Input cost inflation high (~25%), weighted price increase ~7%, cost initiatives and backward integration underway
Standalone revenue grew 17%, PBDIT margin at 22%; consolidated revenue up 18%, PBDIT margin 20.6%
Premiumization and innovation contributed 17% to revenues, supporting healthy margins