Asian Paints Share Price Live Updates: Asian Paints Moves Past 100-Day EMA
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Mint
12 minutes ago
- Mint
Asian Paints Q1 results 2025: Cons PAT falls 6% YoY to ₹1,099.77 crore
Asian Paints Q1 results 2025: Asian Paints on Tuesday reported a consolidated net profit of ₹ 1,099.77 crore for the first quarter of FY26, falling 6% from ₹ 1,169.98 crore in the year-ago period. Sequentially, the consolidated net profit jumped 59% from ₹ 692.13 crore in Q4FY25. The company's consolidated revenue from operations in Q1FY26 declined 0.34% to ₹ 8,938.55 crore from ₹ 8,969.73 crore, year-on-year (YoY). Sequentially, the growth was 7.1% from ₹ 8,329.59 crore in Q4FY25. The company, in its filing, reported that the decorative Business (India) experienced a volume increase of 3.9% but faced a revenue decline of 1.2%. The soft demand environment, influenced by macroeconomic uncertainties and an early onset of the monsoon, along with the shift in product mix, impacted revenue. In addition, the firm noted that Home Décor categories experienced a decline in Q1 FY'26 due to pressures on disposable incomes of households. Conversely, the international business saw a value growth of 8.4%, driven by expansion in Asian markets, as well as in the UAE and Egypt. "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," said Amit Syngle, Managing Director & CEO of Asian Paints. Amit Syngle also mentioned that the home décor sector has been sluggish due to weak retail spending; however, the Beautiful Homes Stores chain performed strongly. In terms of international business, the portfolio showed robust performance, achieving an 11.1% revenue growth on a like-for-like basis (20.4% when adjusted for constant currency), with all major markets in the Middle East and South Asia doing well. 'We remain optimistic about the long-term growth prospects of the home décor and paints industry and will continue to foster innovation and enhance our brand recognition as we navigate the current demand challenges,' added Syngle. Asian Paints share price today opened at ₹ 2,359 apiece on the BSE, the stock touched an intraday high of ₹ 2,418, and an intraday low of ₹ 2,326.55 per share. According to Rajesh Bhosale, Equity Technical and Derivative Analyst at Angel One, Asian Paints share prices have witnessed strong traction following the result announcement and are up around 2%. With this move, prices have managed to surpass the 200-day simple moving average, forming a higher bottom on the daily chart. Going ahead, ₹ 2,300 may continue to act as support, while the bounce could extend towards ₹ 2,500.
News18
22 minutes ago
- News18
Asian Paints Q1 profit falls 6 pc to Rs 1,117 cr, sales dip marginally
New Delhi, Jul 29 (PTI) Asian Paints on Tuesday reported a decline of 5.87 per cent in consolidated net profit at Rs 1,117.05 crore in the June quarter of FY26, on account of subdued demand for decorative paint, the mainstay of the company. The company had logged a net profit of Rs 1,186.79 crore during the April-June period a year ago, according to a regulatory filing by Asian Paints. Its revenue from sales was marginally down to Rs 8,924.49 crore in the June quarter. In the year-ago period, it stood at Rs 8,943.24 crore. Asian Paints' total expenses were at Rs 7,658.95 crore in the June quarter, up 1.32 per cent year-on-year. However, its total income, which includes revenue from other sources, was flat at Rs 9,131.34 crore in the June quarter. On a standalone basis, which mainly includes domestic numbers, Asian Paints' revenue from sales was down 1.19 per cent to Rs 7,848.83 crore. Though Asian Paints decorative business (India) registered a volume growth of 3.9 per cent, it saw a revenue decline of 1.2 per cent, said Asian Paints in its earnings statement. Moreover, it also faced a 'subdued demand environment due to macro-economic uncertainties and early monsoon" and revenue was affected on account of a shift in the mix. 'Home Décor categories saw a de-growth in Q1 FY26 with pressure on household disposable incomes," said Asian Paints. Home decor business includes bath fittings business, kitchen business and business of two acquired brands — White Teak and Weatherseal — operating in luxury decorative lighting, uPVC windows and door systems. Asian Paints derives a majority of its revenue, over 80 per cent, from its decorative and home décor business segment. However, Asian Paints' sales from its international business 'increased by 8.4 per cent to Rs 736.1 crore from Rs 679.1 crore, on the back of growth in Asian markets, UAE & Egypt", it said. Managing Director & CEO Amit Syngle 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. 'The operating margins for the quarter were marginally lower on a year-on-year basis on account of higher sales and marketing investments," he said. The home décor business was slow due to subdued retail consumption, Syngle added. 'On the international front, the portfolio delivered a strong performance with a revenue growth of 11.1 per cent on a like-for-like basis (20.4 per cent in constant currency terms), with all key markets in the Middle East and South Asia performing well," he said Shares of Asian Paints on Tuesday settled at Rs 2,401.70 on BSE, up 1.81 per cent from the previous close. PTI KRH HVA view comments First Published: July 29, 2025, 16:45 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
New Indian Express
33 minutes ago
- New Indian Express
Indian markets close higher as buying returns across sectors
CHENNAI: Benchmark Indian equity indices ended Tuesday's session with strong gains, rebounding after a three-day losing streak. The BSE Sensex climbed 446.93 points or 0.55% to close at 81,337.95, while the NSE Nifty 50 rose 140.20 points or 0.57% to settle at 24,821.10. Market breadth remained positive with 2,492 stocks advancing, 1,501 declining, and 161 remaining unchanged on the BSE. The total market capitalisation of BSE-listed companies increased by around Rs 2.84 lakh crore, reaching approximately Rs 451.59 lakh crore. Gains were broad-based with all sectoral indices ending in the green. Notable strength was seen in metal, pharma, realty, oil & gas, and healthcare stocks. Among Sensex constituents, 20 of 30 stocks closed in the positive, led by Reliance Industries, Larsen & Toubro, Asian Paints, Tata Motors, and Adani Ports, which gained up to 2.21%. The broader markets also mirrored the upbeat sentiment, with the Nifty Midcap 100 index advancing 0.81% and the Nifty Smallcap 100 rising 1.03%. Volatility eased, with the India VIX falling 4.45% to close at 11.53, indicating reduced market uncertainty. The rally came amid value buying in blue-chip stocks and renewed investor interest following recent corrections. Global cues, currency movements, and upcoming macroeconomic data, including the US Federal Reserve's policy meeting, remain key factors for market direction in the coming days. The Indian rupee weakened slightly, closing near Rs 86.82 per dollar amid foreign fund outflows and a stronger US currency.
