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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Asian Paints
Asian Paints (ASIANPAINT) investor relations material
Asian Paints Q2 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 26/27 earnings summary29 Oct, 2026
Executive summary
Q2 FY27 consolidated net sales rose 16.9% to ₹9,953.9 cr; PAT after minority interest increased 7.5% to ₹1,067.6 cr.
Domestic coatings grew 16.4% by value and 6.8% by volume; international sales rose 29.5%, while inflation and delayed price pass-through pressured margins.
H1 consolidated net sales grew 17.4% and PAT after minority interest rose 24.5%.
Financial highlights
Q2 consolidated net sales were ₹9,953.9 cr (+16.9%), PBDIT ₹1,557.1 cr (+3.6%) and PAT after minority interest ₹1,067.6 cr (+7.5%).
Q2 standalone net sales were ₹8,423.6 cr (+14.8%), PBDIT ₹1,440.3 cr (+5.9%) and net profit ₹1,095.6 cr (+14.6%).
H1 consolidated net sales were ₹20,475.3 cr (+17.4%), PBDIT ₹3,725.8 cr (+19.1%) and PAT after minority interest ₹2,606.9 cr (+24.5%).
H1 standalone net sales were ₹17,580.1 cr (+15.8%), PBDIT ₹3,452.0 cr (+19.8%) and net profit ₹2,573.9 cr (+25.1%).
Outlook and guidance
FY EBITDA margin expected within the 18%–20% band; calibrated pricing, cost efficiencies and VAE integration support margin recovery.
Q3 volume growth outlook was ~8%–9%, supported by festive and wedding-season demand; monsoon deficit may weigh on rural markets.
Further staggered pricing and cost-efficiency initiatives planned amid persistent inflation, supply-chain volatility and elevated competition.
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Latest events from Asian Paints
- Net sales grew 17.9% with robust margins and profit, driven by innovation and global expansion.ASIANPAINT
Q1 26/27 - Double-digit Q4 growth, margin expansion, and a total FY'26 dividend of ₹27.5 per share.ASIANPAINTQ4 25/26
- Q3 FY26 delivered strong volume and margin growth, but profit was hit by exceptional items.ASIANPAINTQ3 25/26
- Q2 FY26 volume up 10.9%, sales up 6.4%, margins and net profit surged; interim dividend declared.ASIANPAINTQ2 25/26
- Flat sales and pressured margins offset by international and industrial growth.ASIANPAINTQ1 25/26
- Q2 value and margins declined amid weak demand, exceptional losses, and a ₹4.25 dividend.ASIANPAINTQ2 24/25
- Q1 volume up 7%, value down 3%, profits lower; double-digit growth targeted for FY25.ASIANPAINTQ1 24/25
- Profit surged, dividend rose 30%, and innovation, capex, and ESG led strategic focus.ASIANPAINTAGM 2024
- Q3 FY25 profit fell 23% as muted demand led to lower sales, but global and industrial segments were resilient.ASIANPAINTQ3 24/25
Next Asian Paints earnings date
Q3 26/2719 Jan, 2027
Asian Paints
Next Asian Paints earnings date
Q3 26/2719 Jan, 2027
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Frequently asked questions
Asian Paints Limited, manufactures and sells paints and coatings for decorative and industrial use in India and internationally. It offers decorative paints, such as emulsions, enamels, distempers, All-in-One paint, laminates and wood finishes, primers, putties and fillers, metal finishes, home painting tools, toilet cleaners and sprays. Asian Paints Limited was founded in 1942 and is headquartered in Mumbai, India.