Paints company Asian Paints announced Q1FY26 results Consolidated Financial Highlights: Consolidated Net Sales decreased by 0.2% to Rs 8,924.5 crore from Rs 8,943.2 crore 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 from Rs 1,693.8 crore PBDIT Margin as % to Net Sales at 18.2% from 18.9% in the corresponding period of the previous year. Profit before tax decreased by 5.9% to Rs 1,508.7 crore from Rs 1,603.6 crore. Net Profit after minority interest decreased by 6.0% to Rs 1,099.8 crore from Rs 1,170.0 crore. Standalone Financial Highlights: Net Sales decreased by 1.2% to Rs 7,848.8 crore from Rs 7,943.7 crore. PBDIT before Other Income for the quarter decreased by 4.8% to Rs 1,520.0 crore from Rs 1,595.9 crore PBDIT Margin as % to Net Sales at 19.4% from 20.1% in the corresponding period of the previous year. Profit before tax decreased by 7.6% to Rs 1,468.2 crore from Rs 1,589.3 crore. Net Profit decreased by 7.5% to Rs 1,099.6 crore from Rs 1,189.2 crore Business Highlights: Decorative Business (India) registered volume growth of 3.9% with revenue decline of 1.2% Subdued demand environment due to macro-economic uncertainties and early monsoon Revenue affected on account of shift in mix Home Décor categories saw a de-growth in Q1FY26 with pressure on household disposable incomes International business registered a value growth of 8.4% on the back of growth in Asian markets, UAE and Egypt Standalone PBDIT margin at 19.4%, down 70 bps International business: Sales increased by 8.4% to Rs 736.1 crore from Rs 679.1 crore 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. 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 décor 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 décor and paints industry, we continue to drive innovation and strengthen our brand saliency as we navigate the current demand challenges” Result PDF