Asian Paints: Nomura retains 'Buy', sees 8-9% volume growth in Q3; cuts target price to Rs 3,200
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Asian Paints Ltd.
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Unlock signals — freeAbout Asian Paints Ltd.
Asian Paints Limited is India's largest paint and coatings company, operating across India, Asia, the Middle East, Africa, and the South Pacific. Its core revenue drivers include wall paints, decorative coatings, and a diversified portfolio of home décor products such as modular kitchens, wardrobes, and bathroom fittings. In Q2 FY27, the company reported a 17% jump in net sales to ₹37,187 crore and a 7.5% rise in net profit to ₹1,068 crore, although EBITDA margin slipped to 15.6% due to input cost inflation. The firm has expanded its value-added engineering (VAE) capacity with a new Dahej plant, aiming to improve margin resilience through pricing power. Asian Paints maintains a strong competitive position with leading brands like Asian Paints, SCIB, and Taubmans, supported by a robust dist
Financial Highlights
| Metric | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹35,495 Cr +2.92% | ₹33,906 Cr -4.48% | ₹35,584 Cr +4.95% |
| EBITDA Margin | 21.37% | 17.71% | 18.82% |
| Net Profit | ₹5,460 Cr +32.97% | ₹3,667 Cr -32.84% | ₹4,325 Cr +17.95% |
| EPS | ₹56.95 | ₹38.25 | ₹45.12 |
Annual figures in Indian Rupees (Crores). Source: company filings (NSE).
Recent News
One Day Left Until Asian Paints Limited (NSE:ASIANPAINT) Trades Ex-Dividend
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Strategic Outlook
- Q2FY27 results: revenue ₹9, 977 Cr, PAT ₹1, 068 Cr, EPS ₹11.14, EBITDA margin 15.6%. Growth context: revenue YoY +16.9%, PAT YoY +7.5%, revenue QoQ -5.4%, PAT QoQ -30.6%. Street verdict: miss.
Management highlights new capacity addition and capex deployment as the primary near‑term growth lever, with execution o...
FY26 (last completed FY): revenue ₹35, 584 Cr, PAT ₹4, 325 Cr, EBITDA margin 18.8%, EPS ₹45.12. Year-on-year: revenue Yo...
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Frequently Asked Questions
What AI signals does NiveshIQ provide for Asian Paints Ltd.?
NiveshIQ detects active intelligence signals for Asian Paints Ltd. (ASIANPAINT) — including earnings catalysts, relative strength patterns, sector sweeps, and pullback setups. It also shows an Expected Move (1D/1W/1M range based on news, fundamentals and technicals) and a Confidence Score based on historical directional and magnitude accuracy. These are exclusive to NiveshIQ.
What are the key financials for Asian Paints Ltd.?
Asian Paints Ltd. operates in the Consumer Durables sector with a market capitalisation of ₹24,924,751.1L Cr. Revenue, net profit, EPS and EBITDA margins across the last three annual periods are shown above, sourced from BSE filings.
Does NiveshIQ provide investment advice?
No. NiveshIQ provides educational market intelligence and research context, not investment advice or buy/sell recommendations.