ASIAN PAINTS LTD. — Q4FY26 earnings call summary

Filed 03 June 2026 · Official transcript

FY27 volume growth guidance high single-digit (8-10%); margin guidance maintained at 18-20%
FY26 decorative volume growth ~9%, value growth 4.3%; full coatings value growth 5.3%
Backward integration VAM-VAE project commissioning H1FY27, expected to enhance innovation and green paints
Dividend payout maintained at 60%, final dividend Rs 23/share; total Rs 27.5/share for FY26
Competitive intensity remains high with continued discounting; premiumization and cost efficiencies key to margin retention
Sustainability targets for 2030 being approached early; strong employee engagement reported
Q4FY26 decorative volume growth 12.4%, value growth 10.2%; full coatings volume growth 12.7%, value 11%
Price increases of ~11% passed; further calibrated hikes planned balancing inflation and demand