Asian Paints Limited has released the transcript of its Investor Conference held on May 29, 2026, to discuss the business and financial performance for the quarter and financial year ended March 31, 2026. The company highlighted strong performance across various segments. The decorative business reported a 12.4% volume growth and 10.2% value growth for the quarter, with yearly volume growth at approximately 9%. Overall coatings volume growth was 12.7% and value growth was 11% for the quarter. Key strategic initiatives discussed include strengthening the brand through conventional and digital channels, driving growth with innovation, enhancing customer service, regionalization, focusing on B2B segments, and backward integration. New product launches like "Damp Secure" and "PU Gold" (anti-termite finish) were mentioned, along with advancements in high-performance coatings. The company emphasized its commitment to services, including the "Beautiful Homes Painting Service," "Total Assure" for large projects, "Metacare" for asset maintenance, and "Smart Assure" for waterproofing. The B2B segment, particularly in builder, factory, and government sectors, is identified as a high-growth area. Financially, standalone net sales saw a 10.3% increase, with PBDIT growing by 26% to a margin of 21.2%. Consolidated net sales grew by 11%, with PBDIT increasing by 24.4% to a margin of 19.4%. The company declared a total dividend of ₹27.5 per share, representing a 60% payout ratio. Looking ahead, Asian Paints anticipates continued growth in industrial coatings and international businesses. The company plans to sustain growth momentum amidst volatile macro conditions, carefully managing price increases to balance inflation and demand. Backward integration projects are expected to commission in the first half of the year, contributing to innovation capabilities and potentially green paints. The company reiterated its commitment to maintaining its margin guidance.
