- POSITIVE
Quarterly Revenue Asian Paints Sep-2026 Quarterly Revenue is Rs 8,785 Cr which is growth of 15.8% YoY.
- POSITIVE
Quarterly Net Profit Asian Paints Sep-2026 Quarterly Net Profit is Rs 1,096 Cr which is growth of 14.7% YoY.
NSE: ASIANPAINT | BSE: 500820
Asian Paints Live Share Price Today, Share Analysis and Chart
aboutAsian Paints Ltd. is a market leader in the Indian paint industry and ranks among the top eight coatings companies globally. The company operates in decorative and industrial coatings, while also expanding its footprint in the home décor and improvem... Read More
2320.0018.00(0.78%)
1.3M
NSE+BSE Volume
NSE 30 Oct, 2026 3:31 PM (IST)
Mid-range PerformerThese stocks have strong quality. Their reasonable financials and technicals make them potentially attractive to investorsView SimilarEmbed DVM
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Asian Paints Stock Price Analysis
Day Price Range0.8% 1 Day return | 2320 (LTP) 2,271.22,348 LowHigh |
|---|---|
Week Price Range0.6% 1 Week return | 2320 (LTP) 2,217.12,348 LowHigh |
Month Price Range-3.4% 1 Month return | 2320 (LTP) 2,217.12,424.2 LowHigh |
52 Week Price Range-7.6% 1 Year return | 2320 (LTP) 2,1152,985.7 LowHigh |
Asian Paints Forecaster - Analyst Share Price Target and Estimates
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EPS forecast
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BUY
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Asian Paints quarterly results: revenue, profit, and P&L – 13 quarter history
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| Indicator | Graph | Sep '26 | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 8,785 | 9,443.9 | 8,115.6 | 7,882.3 | 7,588.3 | 8,116.1 | 7,330.5 | 7,547 | 7,049.9 | 8,107.2 | 7,678.4 | 8,151.1 | 7,514.5 | ||
Operating Exp. | 7,013.6 | 7,171.8 | 6,250.2 | 5,997.8 | 5,997.2 | 6,348.4 | 5,868.2 | 5,812.2 | 5,746.2 | 6,288.6 | 5,932.1 | 6,015.9 | 5,757.5 | |
Operating Profit | 1,440.3 | 2,011.7 | 1,670 | 1,626.7 | 1,359.1 | 1,520 | 1,324.2 | 1,508.4 | 1,122.2 | 1,593 | 1,548.8 | 1,897.1 | 1,584.7 | |
Operating Profit Margin % | 17.04% | 21.91% | 21.09% | 21.34% | 18.48% | 19.32% | 18.41% | 20.60% | 16.34% | 20.21% | 20.70% | 23.97% | 21.58% | |
Depr. | 270.6 | 262.9 | 267.2 | 275.1 | 273.5 | 269.3 | 269.4 | 221.4 | 207.3 | 195.7 | 193.5 | 190 | 178.9 | |
Interest | 32.7 | 27.3 | 39.4 | 28 | 29.7 | 30.3 | 34 | 32.8 | 39 | 30.4 | 30.6 | 31 | 27.5 | |
Profit Before Tax | 1,468.1 | 1,982 | 1,558.8 | 1,414.9 | 1,287.9 | 1,468.2 | 979 | 1,480.7 | 857.6 | 1,592.4 | 1,522.1 | 1,914.2 | 1,550.6 | |
Tax | 372.5 | 503.7 | 398 | 389.6 | 332.4 | 368.5 | 284.7 | 372.1 | 255.3 | 400 | 312.7 | 470.7 | 390.4 | |
Net Profit | 1,095.6 | 1,478.4 | 1,160.7 | 1,025.3 | 955.6 | 1,099.6 | 694.3 | 1,108.6 | 602.3 | 1,192.4 | 1,209.4 | 1,443.5 | 1,160.3 | |
EPS Adj. latest | 11.4 | 15.4 | 12.1 | 10.7 | 10 | 11.5 | 7.2 | 11.6 | 6.3 | 12.4 | 12.6 | 15.1 | 12.1 | |
Net profit TTM | 4,760 | 4,620 | 4,241.3 | 3,774.8 | 3,858.1 | 3,504.8 | 3,597.6 | 4,112.7 | 4,447.6 | 5,005.6 | 5,321.6 | 5,345.9 | 4,988.2 | |
Basic EPS TTM | 49.6 | 48.2 | 44.2 | 39.4 | 40.2 | 36.5 | 37.5 | 42.9 | 46.4 | 52.2 | 55.5 | 55.7 | 52 | |
Earnings Transcripts | ||||||||||||||
AI Summary | ||||||||||||||
Results PDF | ||||||||||||||
Result Notes |
*All financials are in INR Cr and price data in INR
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Asian Paints Technical Analysis
Asian Paints EMA & SMA
Bearish-2
3 bullish, 5 bearish
Bullish3
Bearish5
| 5 Day | 2305.8 |
|---|---|
| 10 Day | 2312.9 |
| 12 Day | 2317.5 |
| 20 Day | 2340.1 |
| 26 Day | 2359.1 |
|---|---|
| 50 Day | 2427.4 |
| 100 Day | 2495.5 |
| 200 Day | 2526.9 |
Asian Paints Delivery And Volume
Daily Avg. Delivery Volume %
30 Oct, 202638.2%
Week39.2%
Month52.1%
Legend
Positive IndicatorNeutral IndicatorNegative Indicator
Asian Paints Resistance and Support
2313.07
Pivot
| First Resistance | 2354.9 |
|---|---|
| Second Resistance | 2389.9 |
| Third Resistance | 2431.7 |
| First Support | 2278.1 |
|---|---|
| Second Support | 2236.3 |
| Third Support | 2201.3 |
| Day RSI | 43 |
|---|---|
| Day MACD | -41.6 |
| Day MFI | 57 |
| Day MACD Signal Line | -46.6 |
Asian Paints Beta
| 1 Month | 0.9 |
|---|---|
| 1 Year | 1 |
| 3 Month | 1.0 |
|---|---|
| 3 Year | 0.8 |
Asian Paints Price Change Analysis
↓-3.4%
Over 1 Month
LowHigh
2217.12424.2
↓-15.6%
Over 3 Months
LowHigh
2217.12810
↓-5.1%
Over 6 Months
LowHigh
2217.12864
↓-7.6%
Over 1 Year
LowHigh
21152985.7
Asian Paints Deals - Insider, Bulk, Block and SAST
| Client Name | Deal Type | Action | Date | Avg. Price | Quantity | Exchange |
|---|---|---|---|---|---|---|
| JALAJ A DANI | Block | Sell | 17 Sep 2026 | 2440 | 164,000 | NSE |
| SMITI HOLDING AND TRADING COMPANY PRIVATE LIMITED | Block | Purchase | 17 Sep 2026 | 2440 | 164,000 | NSE |
| THE MTBJ LTD. AS TRST FOR GOVRNMNT PENSION INVSTMNT FUND MTBJ400045828 | Block | Sell | 24 Jun 2026 | 2661.20 | 100,248 | NSE |
| THE MTBJ LTD. AS TRST FOR GOVRNMNT PENSION INVSTMNT FUND MUTB400045794 | Block | Purchase | 24 Jun 2026 | 2661.20 | 100,248 | NSE |
| SMITI HOLDING AND TRADING COMPANY PRIVATE LIMITED | Block | Sell | 23 Feb 2026 | 2410 | 325,000 | BSE |
| UPNISHAD HOLDINGS PRIVATE LIMITED | Block | Purchase | 23 Feb 2026 | 2410 | 325,000 | BSE |
| GOLDMAN SACHS (SINGAPORE) PTE - ODI | Block | Sell | 08 Oct 2025 | 2327 | 180,537 | NSE |
| GOLDMAN SACHS BANK EUROPE SE - ODI | Block | Purchase | 08 Oct 2025 | 2327 | 180,537 | NSE |
| GOLDMAN SACHS (SINGAPORE) PTE - ODI | Block | Sell | 07 Oct 2025 | 2368 | 180,538 | NSE |
| GOLDMAN SACHS BANK EUROPE SE - ODI | Block | Purchase | 07 Oct 2025 | 2368 | 180,538 | NSE |
Asian Paints Corporate Actions
Asian Paints Dividend history and yield
Asian Paints dividend yields, including actual and adjusted, and dividend history, including announcement, record, and ex-dividend dates. Track Asian Paints dividend yield over time.
#Ex-Date | Dividend Amount | Dividend Type | Record Date | Instrument Type |
|---|---|---|---|---|
104 Nov 2026 | 5.75 | INTERIM | 04 Nov 2026 | Equity Share |
223 Jun 2026 | 23 | FINAL | 23 Jun 2026 | Equity Share |
318 Nov 2025 | 4.5 | INTERIM | 18 Nov 2025 | Equity Share |
410 Jun 2025 | 20.55 | FINAL | 10 Jun 2025 | Equity Share |
519 Nov 2024 | 4.25 | INTERIM | 19 Nov 2024 | Equity Share |
Asian Paints Bonus shares
Asian Paints bonus history along with announcement, record, ex-bonus dates, and bonus ratios.
#Ex-Date | Bonus Ratio | Record Date |
|---|---|---|
122 Aug 2003 | 1:2 | 25 Aug 2003 |
202 Aug 2000 | 3:5 | - |
Asian Paints Board Meetings
Asian Paints past and upcoming board meetings.
#Ex-Date | Purpose | Notes |
|---|---|---|
129 Oct 2026 | Quarterly Results and Dividend | - |
229 Jul 2026 | Quarterly Results | - |
329 May 2026 | Audited Results & Final Dividend | - |
427 Jan 2026 | Quarterly Results | - |
512 Nov 2025 | Quarterly Results & Interim Dividend | - |
Asian Paints Stock Split
Asian Paints stock split details, including announcement, record, and ex-split dates, along with the split ratios
#Ex-Date | Old FV | New FV | Record Date |
|---|---|---|---|
130 Jul 2013 | 10 | 1 | 31 Jul 2013 |
Asian Paints Research Reports
Asian Paints research reports with share price targets, and buy/hold/sell recommendations from top brokers.
# Date | Broker Name | Target | Price When Recommended | Type | Upside | Change Since Recommendation | Links |
|---|---|---|---|---|---|---|---|
| 130 Oct 2026 | ICICI Direct | 2740 | 2320 | Buy | 18.1% | -% | |
| 229 Oct 2026 | Axis Direct | 2520 | 2320 | Buy | 8.62% | -% | |
| 329 Jul 2026 | ICICI Direct | 3180 | 2746.2 | Buy | 15.8% | -15.52% | |
| 429 Jul 2026 | Axis Direct Target | 3270 | 2746.2 | Buy | 19.07% | -15.52% | |
| 528 Jul 2026 | Motilal Oswal Target | 3050 | 2758.4 | Neutral | 10.57% | -15.89% |
Asian Paints Corporate Filings
Asian Paints BSE corporate filings and AGM, press releases, insider trading & SAST, results and corporate actions.
| Date | Announcement Title | Details | Links |
|---|---|---|---|
| 29 Oct 2026 | Asian Paints Ltd - 500820 - Audio Recording Of The Investor Conference Call | Find enclosed communication with respect to the link for the audio recording of the investor conference call on the performance of the Company for the quarter and half year ended 30th September 2026, held today, 29th October 2026. | |
| 29 Oct 2026 | Asian Paints Ltd - 500820 - Announcement under Regulation 30 (LODR)-Investor Presentation | Find enclosed the investor presentation on the performance of the Company for the quarter and half year ended 30th September 2026 | |
| 29 Oct 2026 | Q2FY27 Quarterly Result Announced for Asian Paints Ltd. | Paints company Asian Paints announced Q2FY27 results Consolidated Financial Highlights: Revenue from operations stood at Rs 9,976.51 crore for Q2FY27, representing a QoQ decrease of 5.36% compared to Rs 10,541.94 crore in Q1FY27, but a YoY increase of 16.94% compared to Rs 8,531.27 crore in Q2FY26. For H1FY27, Revenue from operations grew by 17.45% YoY to Rs 20,518.45 crore from Rs 17,469.82 crore in H1FY26. Total income reached Rs 10,224.30 crore for Q2FY27, down 5.18% QoQ from Rs 10,782.79 crore in Q1FY27, but up 17.12% YoY from Rs 8,729.91 crore in Q2FY26. For H1FY27, Total income increased by 17.61% YoY to Rs 21,007.09 crore compared to Rs 17,861.25 crore in H1FY26. Profit before tax (PBT) was Rs 1,477.78 crore for Q2FY27, showing a QoQ decline of 29.49% from Rs 2,095.75 crore in Q1FY27, and a YoY increase of 6.20% from Rs 1,391.52 crore in Q2FY26. For H1FY27, PBT registered a YoY growth of 23.22% to Rs 3,573.53 crore from Rs 2,900.23 crore in H1FY26. Profit after tax (PAT) stood at Rs 1,085.35 crore for Q2FY27, down 30.40% QoQ against Rs 1,559.45 crore in Q1FY27, but rising 6.59% YoY from Rs 1,018.23 crore in Q2FY26. For H1FY27, PAT grew 23.86% YoY to Rs 2,644.80 crore from Rs 2,135.28 crore in H1FY26. Basic Earnings Per Share (EPS) was Rs 11.14 for Q2FY27, a decline from Rs 16.06 in Q1FY27 (QoQ) and an increase from Rs 10.37 in Q2FY26 (YoY). For H1FY27, basic EPS grew to Rs 27.20 from Rs 21.84 in H1FY26. Standalone Financial Highlights: Revenue from operations stood at Rs 8,453.83 crore for Q2FY27, showing a QoQ decrease of 7.94% from Rs 9,183.44 crore in Q1FY27, and a YoY increase of 14.92% from Rs 7,356.29 crore in Q2FY26. For H1FY27, Standalone Revenue from operations grew by 15.85% YoY to Rs 17,637.27 crore from Rs 15,224.74 crore in H1FY26. Total income reached Rs 8,784.95 crore for Q2FY27, down 6.98% QoQ from Rs 9,443.89 crore in Q1FY27, but up 15.77% YoY from Rs 7,588.40 crore in Q2FY26. For H1FY27, Total income increased by 16.07% YoY to Rs 18,228.84 crore compared to Rs 15,704.92 crore in H1FY26. Profit before tax (PBT) was Rs 1,468.09 crore for Q2FY27, a QoQ decline of 25.93% from Rs 1,982.00 crore in Q1FY27, and a YoY increase of 13.91% from Rs 1,288.81 crore in Q2FY26. For H1FY27, PBT registered a YoY growth of 25.08% to Rs 3,450.09 crore from Rs 2,758.33 crore in H1FY26. Profit after tax (PAT) stood at Rs 1,095.55 crore for Q2FY27, down 25.89% QoQ against Rs 1,478.35 crore in Q1FY27, but rising 14.56% YoY from Rs 956.28 crore in Q2FY26. For H1FY27, PAT grew 25.14% YoY to Rs 2,573.90 crore from Rs 2,056.80 crore in H1FY26. Basic Earnings Per Share (EPS) was Rs 11.43 for Q2FY27, a decline from Rs 15.42 in Q1FY27 (QoQ) and an increase from Rs 9.98 in Q2FY26 (YoY). For H1FY27, basic EPS grew to Rs 26.85 from Rs 21.46 in H1FY26. Business & Segment Highlights: Decorative Business (India): Delivered volume growth of 6.4% and value growth of 14.5% during Q2FY27. Domestic Coatings Business: Delivered value growth of 16.4%, driven by strong industrial coatings performance aiding the decorative trajectory. International Business: Reported Net Sales growth of 29.5% to Rs 1,095.6 crore in Q2FY27 (up 23.7% in constant currency terms). Profit before tax for the segment decreased by 31.0% to Rs 52.7 crore in Q2FY27. For H1FY27, Net Sales increased by 28.4% to Rs 2,032.1 crore, with Profit before tax rising to Rs 126.8 crore. Home Decor - Bath Fittings Business: Net Sales increased by 18.5% to Rs 94.0 crore in Q2FY27, turning around to a Profit before tax of Rs 8.7 crore from a loss of Rs 4.0 crore in Q2FY26. For H1FY27, Net Sales increased by 6.5% to Rs 178.9 crore, and the loss before tax reduced to Rs 0.1 crore. Home Decor - Kitchen Business: Net Sales rose 13.0% to Rs 110.3 crore in Q2FY27, while loss before tax expanded to Rs 7.9 crore against Rs 3.6 crore in Q2FY26. For H1FY27, Net Sales grew 11.5% to Rs 218.3 crore, with the loss before tax reducing to Rs 8.2 crore. Home Decor - White Teak & Weatherseal: White Teak Net Sales dropped by 11.8% to Rs 23.3 crore in Q2FY27 and decreased by 9.9% in H1FY27 to Rs 42.0 crore. Weatherseal Net Sales decreased by 1.8% to Rs 20.3 crore in Q2FY27 but grew 3.7% to Rs 37.3 crore in H1FY27. Industrial Business - APPPG: Net Sales increased by 28.0% to Rs 374.5 crore in Q2FY27, but Profit before tax fell to Rs 17.2 crore. H1FY27 Sales rose 24.6% to Rs 747.4 crore, with PBT decreasing to Rs 43.1 crore. Industrial Business - PPGAP: Net Sales rose 33.7% to Rs 794.8 crore in Q2FY27, with PBT growing to Rs 112.9 crore. H1FY27 Sales grew 23.8% to Rs 1,446.7 crore, with PBT increasing to Rs 215.6 crore. Manufacturing Expansion: The company commenced commercial production of Vinyl Acetate Ethylene Emulsion (VAE) on 17th September 2026 at Dahej, Gujarat, completing Phase 1 with an installed capacity of 1,50,000 tons per annum. Amit Syngle, Managing Director & CEO of Asian Paints, said: “We delivered a resilient performance in Q2, a seasonally softer quarter, sustaining the momentum of the last few quarters. Overall, the domestic coatings business grew by 16.4% with a volume growth of 6.8%. The Decorative business delivered a value growth of 14.5% with a volume growth of 6.4% and the Industrial coatings business continued its impressive run with a value growth of 31.8%. Our International business grew 29.5%, with strong performance across all regions. Middle East region also registered robust growth despite servicing challenges posed by the ongoing geopolitical situation. In Home Decor, we saw improved scale in part of the business, and we continue to take steps to strengthen its overall performance trajectory. The operating environment this year has been marked by sharp raw material inflation and material availability constraints driven by geopolitical disruptions, the full impact of which was felt in Q2. We calibrated price increases and absorbed part of the cost inflation to protect consumer demand in this challenging environment, resulting in standalone EBITDA margins of 17.1% in a quarter that typically has a lower mix and margin profile. With inflationary pressures showing little sign of easing, we are implementing a further round of staggered price increases in the coatings business, while intensifying our cost-efficiency initiatives. During the quarter, we commissioned Phase 1 of our VAE manufacturing facility at Dahej, a significant milestone in our backward integration journey. This is a strategic investment in our long-term leadership: it expands our ability to deliver strongly differentiated product propositions and strengthens our cost competitiveness. As we enter the festive season, we remain focused on brand building, innovation and service-led differentiation to sustain the growth momentum.” Result PDF | |
| 29 Oct 2026 | Asian Paints Ltd - 500820 - Announcement under Regulation 30 (LODR)-Dividend Updates | The Board of Directors at its meeting held today has approved payment of interim dividend of Rs. 5.75 per equity share for the financial year ending 31st March 2027. Find enclosed the intimation in this regard. | |
| 29 Oct 2026 | Asian Paints Ltd - 500820 - Announcement under Regulation 30 (LODR)-Date of payment of Dividend | The Board of Directors at its meeting held today has approved the payment of interim dividend of Rs. 5.75 per equity share for the financial year ending 31st March 2027. The dividend will be paid to the shareholders on or after 13th November 2026. |
Asian Paints Documents
Asian Paints Earnings Call
Asian Paints earnings calls, including management commentary and AI-generated summaries.
| Date | Title | Links |
|---|---|---|
| 29 Oct 2026 | Asian Paints Ltd - 500820 - Audio Recording Of The Investor Conference Call | Link |
| 03 Aug 2026 | Asian Paints Ltd - 500820 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript | Link |
| 29 Jul 2026 | Asian Paints Ltd - 500820 - Audio Recording Of The Investor Conference | Link |
| 03 Jun 2026 | Asian Paints Ltd - 500820 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript | Link |
| 29 May 2026 | Asian Paints Ltd - 500820 - Audio Recording Of The Investor Conference Held On 29Th May 2026 | Link |
Asian Paints Annual Reports
Asian Paints financials, including annual results, balance sheets, and cash flow statements.
Asian Paints Credit Ratings
Asian Paints credit ratings from CRISIL and leading rating agencies, assessing financial stability, investment grade, and related PDF documentation.
| Date | Rating Agency | Company Name | Description | Links |
|---|---|---|---|---|
| 09 Sep 2026 | crisil ratings | Asian Paints Limited | Asian Paints Limited:Ratings reaffirmed at 'Crisil AAA / Stable / Crisil A1+ ' | Link |
| 23 Jun 2026 | india ratings | India Ratings Withdraws Asian Paints (polymers)’s Bank Loan Facility Rating | Link | |
| 23 Jun 2026 | india ratings | India Ratings Assigns Asian Paints’ Bank Facilities ‘IND AAA’/Stable | Link | |
| 11 May 2026 | crisil ratings | Asian Paints Limited | Asian Paints Limited:Updated on Asian Paints Limited | Link |
| 10 May 2026 | crisil ratings | Asian Paints Limited | Asian Paints Limited:Update on Asian Paints Limited | Link |
Asian Paints Investor Presentations
Asian Paints investor presentations, including business updates, financial insights, and strategic initiatives.
| Date | Report Title | Links |
|---|---|---|
| 29 Oct 2026 | Asian Paints Ltd - 500820 - Announcement under Regulation 30 (LODR)-Investor Presentation | Link |
| 29 Jul 2026 | Asian Paints Ltd - 500820 - Investor Presentation | Link |
| 29 May 2026 | Asian Paints Ltd - 500820 - Announcement under Regulation 30 (LODR)-Investor Presentation | Link |
| 27 Jan 2026 | Asian Paints Ltd - 500820 - Announcement under Regulation 30 (LODR)-Investor Presentation | Link |
| 12 Nov 2025 | Asian Paints Ltd - 500820 - Investor Presentation | Link |
Asian Paints - Company Profile
Asian Paints Management Structure
Asian Paints management structure with salaries, total experience, and qualifications.
Asian Paints Board of Directors
Asian Paints Board of directors with salaries, total experience, and qualifications.
Asian Paints Brands
Brands owned by Asian Paints
| LOGO | BRAND NAME |
|---|---|
![]() | Royale |
![]() | Apcolite |
![]() | Tractor |
![]() | TruCare |
| LOGO | BRAND NAME |
|---|---|
![]() | WoodTech |
![]() | Apex |
![]() | ACE |
![]() | SmartCare |
| LOGO | BRAND NAME |
|---|---|
![]() | Loctite |
![]() | TruGrip |
![]() | FlexEasy |
![]() | Viroprotek |
Website: www.asianpaints.com
About the company - Business Profile
Asian Paints Ltd. is a market leader in the Indian paint industry and ranks among the top eight coatings companies globally. The company operates in decorative and industrial coatings, while also expanding its footprint in the home décor and improvement space. With a consolidated turnover of ₹33,797 crores for FY25, it maintains operations in 14 countries and serves consumers across more than 60 countries. Its integrated business model spans manufacturing, distribution, and services, supported by a network of 26 manufacturing facilities worldwide.
Key Points
- Key facts: Founded in 1945 and headquartered in Mumbai, Maharashtra, Asian Paints is listed on the NSE and BSE. It operates with a market capitalization of approximately ₹2,656 billion (as of December 31, 2025).
- Operations and resources: The company has 25 paint manufacturing facilities (now 26 as per recent reports). In India, its major decorative plants are located in Rohtak (400,000 KL), Mysuru (600,000 KL), and Visakhapatnam (300,000 KL), among others. It also operates specialized units for chemicals (Pentaerythritol in Cuddalore) and industrial coatings (Taloja and Sarigam).
- Ownership and Subsidiaries: Asian Paints has a wide array of subsidiaries, including Asian Paints International Private Limited, Sleek International (Kitchens), and Ess Ess (Bath fittings). It holds a 52.71% stake in Asian Paints (Nepal). Notable joint ventures include PPG Asian Paints Pvt. Ltd. (Automotive) and Asian Paints PPG Pvt. Ltd. (Protective coatings).
- Market Significance: The company is the second-largest paint company in Asia. It serves diverse segments through brands like Apco Coatings, Asian Paints Berger, SCIB Paints, and Taubmans.
- Revenue Breakdown (FY25 Annual):
- Decorative and Home Décor (India): ₹29,545.3 Crores (87.4% of revenue).
- International Business: ₹3,066.4 Crores (9.1% of revenue).
- Industrial Business: ₹1,185.7 Crores (3.5% of revenue).
- Note: International revenue is led by Asia (40%) and Middle East (37%).
- Key Products and Technology:
- NeoBharat Latex: A polymer technology finish offering 3x durability at distemper pricing.
- Apex Ultima Protek Duralife: Provides a 15-year waterproofing warranty.
- Apcolite Insectshield Enamel: An insect-repellent paint effective against mosquitoes and flies.
- AP Assure: A digital platform launched for B2B professionals to manage construction chemicals and coatings projects.
- Employees and Human Capital: As of March 2024, the company employed over 12,000 people globally, with 240+ scientists dedicated to research and development. In India, the permanent employee count stood at 7,804, complemented by a large contract workforce.
- Strategic Initiatives: The company is expanding its manufacturing capacity with upcoming plants in Pithampur (Decorative) and Dahej (VAM/VAE). It recently exited the Indonesia market through divestment in March 2025. Current focus areas include the "Beautiful Homes" retail stores (60+ locations) and expanding into the B2B segment through tailored maintenance solutions.
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