reported a sharp recovery in its fourth-quarter performance for FY2025-26, with consolidated net sales rising 10.8 per cent year-on-year to ₹9,228 crore and standalone net profit surging 67.1 per cent to ₹1,160.7 crore.
The Board of Directors, meeting in Mumbai on May 29, 2026, approved audited standalone and consolidated financial results for the quarter and full year ended March 31, 2026.
The board also recommended a final dividend of ₹23 per share, taking the total dividend for FY26 to ₹27.50 per equity share — including an interim dividend of ₹4.50 paid in November 2025.
The record date for the final dividend has been fixed at June 23, 2026, with payment expected on or after July 13, subject to shareholder approval at the 80th Annual General Meeting scheduled for July 9, 2026.
For the full year FY26, standalone net sales grew 4.3 per cent to ₹30,680 crore, while consolidated net sales rose 5.1 per cent to ₹35,516 crore.
Consolidated net profit after minority interest for the year climbed 17.9 per cent to ₹4,325 crore. PBDIT margins expanded meaningfully — standalone margins improved 130 basis points to 20.1 per cent for the full year, while consolidated margins reached 18.9 per cent, up 110 basis points.
Volume growth was a standout in Q4, with the domestic decorative business recording 12.4 per cent volume growth and 10.2 per cent value growth. Industrial coatings also delivered strong double-digit growth, pushing overall domestic coatings volume and value growth to 12.7 per cent and 11 per cent respectively. The international business posted 11 per cent net sales growth in INR terms during the quarter, led by Sri Lanka, Egypt, and the UAE.
Managing Director and CEO Amit Syngle said margin improvement was driven by material cost deflation and operational efficiencies, while acknowledging that the West Asia conflict remains a source of near-term demand uncertainty.
Despite the strong quarterly numbers, Asian Paints shares on the NSE traded marginally lower at ₹2,668.90, down 0.11 per cent, at a P/E of 68.41 at the late hours. The stock has gained 16.29 per cent over the past year but remains about 3 per cent below its year-to-date opening level.