Asian Paints Q4 profit jumps 69% to ₹1,185 cr on better realisations; deco volumes up 12%
Revenue rose 11% to ₹9,247 cr as domestic decorative volumes grew 12% and industrial coatings posted double-digit gains. Home Décor stayed muted, though Beautiful Homes Store expanded to 20 states. Kitchen +16%, White Teak +17%, Weatherseal +25%. FY26 net profit ₹4,395 cr (+18%); ₹23/share dividend declared.
What happened
Asian Paints Q4 net profit jumped 69% to ₹1,185 cr on better realisations; revenue up 11%. Domestic decorative grew 12% volume, industrial double-digit. Home
Key facts
- Q4 net profit ₹1,185 cr (+69%)
- Q4 revenue ₹9,247 cr (+11%)
- Dividend ₹23/share
- Domestic deco volume +12%
- FY26 net profit ₹4,395 cr (+18%)
- FY26 income ₹35,584 cr
- Bath fittings ₹95 cr (+4%)
- Kitchen ₹99 cr (+16%)
- White Teak ₹23 cr (+17%)
- Weatherseal ₹20 cr (+25%)
Why this matters
Outsized growth in Weatherseal (+25%), White Teak (+17%) and Kitchen (+16%) indicates the home décor adjacencies are scaling faster than the core—prioritize bolt-on M&A in premium fittings and modular categories to compound the ecosystem flywheel.