Asian Paints Q4 beats: profit jumps 69.4%, but brokerages split on recovery
Asian Paints posted Q4 revenue of Rs 9,247 cr (+10.6%) and net profit of Rs 1,172 cr (+69.4%), with Ebitda margin at 19.3%. Management guided 8-10% volume growth for FY27 alongside 11%+ price hikes. Jefferies and Macquarie stay Buy; Citi and Goldman Sachs hold Sell despite raising targets.
What happened
Asian Paints Q4 beat estimates with revenue up 10.6% and profit up 69.4%; brokerages split — Jefferies and Macquarie keep Buy, Citi and Goldman Sachs maintain
Key facts
- Revenue Rs 9,247 cr +10.6%
- Ebitda Rs 1,787 cr +24.4%
- Margin 19.3%
- Net profit Rs 1,172 cr +69.4%
- Dividend Rs 23/share
- FY27 volume guidance 8-10%
- Price hikes 11%+
Why this matters
Pricing-led guidance and a split brokerage view suggest competitors like Birla Opus may pressure share, opening windows for bolt-on acquisitions in adjacencies before consensus realigns.