Asian Paints' Q3FY26 performance highlighted resilient margins and easing input costs, but slower-than-expected demand recovery and muted volume growth have raised concerns among investors and analyst
Asian Paints share price today: Asian Paints shares slid sharply, falling 6.62 per cent to an intraday low of ₹2,451 on the BSE, making it the top loser on the Sensex.
Sensex Today | Stock Market Highlights: Among the broader indices, Nifty Midcap 100 and Nifty Smallcap 100 ended higher by 0.59 per cent and 0.41 per cent, respectively
Asian Paints attributed the decline in profit to exceptional items worth ₹157.61 crore, including a one-time expense of ₹63.74 crore due to the implementation of the Labour Code
Q3FY26 company results: Firms including Tata Consumer Products, Vishal Mega Mart, Sumitomo Chemical, Prime Focus, and Ramkrishna Forgings are also to release their October-December earnings today
According to Phillip Capital, the risk reward is now favourable for market leaders that are well positioned to navigate near-term volatility and benefit from the revival in India's paint demand
Asian Paints has entered a three-year partnership with the BCCI as Team India's official colour partner, covering 110 matches and offering on-ground activations, digital fan engagement
Volume growth in low double digits and lower raw material costs lifted margins for Asian Paints, though management remains cautious amid intense rivalry and extended monsoon impact
The paint major's profit rose to Rs 993.6 crore in Q2 FY26 as domestic decorative volumes grew 10.9% and international sales gained nearly 10%, helping improve margins and overall profitability
Q2FY26 company results: Firms including Hindustan Aeronautics, Cochin Shipyard, Indraprastha Gas, Info Edge (India), and Pfizer are also to release their July-September earnings reports today
The brokerage has upgraded Asian Paints and Berger Paints to 'Buy,' calling the stability in margins and dealer relationships a "re-rating event" for the industry.