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Asian Paints Ltd

Q2 FY27Consumer Durables

Asian Paints Q2 Results 2026 (FY27): Revenue ₹9,954 Cr, Operating margin 15.6%

Q2 FY27 investor presentation: what the company reported on revenue, margins and capex.

Price₹2,285
Market cap₹2.2L Cr
P/E44.9
Updated29 Oct 2026
Read3 min read

Asian Paints Ltd Q2 FY27 key numbers

Revenue
Net Sales growth of 16.9% to ₹9,954 cr in Q2FY27.

As stated in Asian Paints Ltd's Q2 FY27 investor presentation · published 29 Oct 2026. Reported figures, not investment advice.

Based on Asian Paints Ltd's Q2 FY27 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the investor presentation reports, not management guidance.

The short version

Decorative Revenues up 14.5% in Q2FY27; volume growth of 6.4% (Page 18) - Net Sales growth of 16.9% to ₹9,954 cr in Q2FY27 (Page 27) - Industrial segment revenue up 33.7% to ₹795 cr in Q2FY27 (Pag EBITDA (PBDIT) for Q2 FY27: ₹1,557 crore, up 3.6% YoY - Operating margin (PBDIT margin) for Q2 FY27: 15.6%, down 202 bps YoY - Profit after tax (PAT before minority interest) for Q2 FY27: ₹1,085 c

From Asian Paints Ltd's Q2 FY27 earnings-call transcript · updated 29 Oct 2026.

Revenue & Sales Performance

- Decorative Revenues up 14.5% in Q2FY27; volume growth of 6.4% (Page 18) - Net Sales growth of 16.9% to ₹9,954 cr in Q2FY27 (Page 27) - Industrial segment revenue up 33.7% to ₹795 cr in Q2FY27 (Page 21) - International Business revenue up 30% to ₹1,096 cr in Q2FY27; constant currency growth 23.7% (Page 24) - Home Décor Business revenue up 19% in Q2FY27; Kitchen Bath up 13%, Weatherseal down 2%, White Teak down 12% (Page 20) - PPGAP revenue up 33.7%, APPPG revenue up 28% in Q2FY27 (Page 21) - Q2FY27 volume growth described as resilient despite price hikes (Page 14) **Outlook:** - Near-term environment challenging due to raw material inflation and competitive intensity (Page 29)

2 more points from Asian Paints Ltd's call on revenue

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Profitability & Margins

See what Asian Paints Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • VAE Plant, Dahej:
  • Capacity: 150,000 MT per annum
  • Status: Phase 1 commissioned in Q2 FY27
  • Phase 2 planned with VAM capacity of 100,000 MT
  • Total CAPEX: ₹3,250 crore
  • Gross block addition in Phase 1: ~₹1,060 crore

2 more points from Asian Paints Ltd's call on capex

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Top-ranked in Consumer Durables

Ranked on what management guided this quarter

Guidance-ranked
1Nanta Tech
Rev 1Mar 1
Rev 1Mar 1
3
Rev 1Mar 2
4
Rev 1Mar 2
5
Rev 1Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Asian Paints Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

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Asian Paints Ltd — Quarterly revenue & net profit

Revenue Net profit
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26
Jun 2026Q1 FY27
Sep 2026Q2 FY27

Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹10.0K Cr, net profit ₹1.1K Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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Frequently Asked Questions

What were Asian Paints Ltd Q2 FY27 results?

Decorative Revenues up 14.5% in Q2FY27; volume growth of 6.4% (Page 18) - Net Sales growth of 16.9% to ₹9,954 cr in Q2FY27 (Page 27) - Industrial segment revenue up 33.7% to ₹795 cr in Q2FY27 (Pag EBITDA (PBDIT) for Q2 FY27: ₹1,557 crore, up 3.6% YoY - Operating margin (PBDIT margin) for Q2 FY27: 15.6%, down 202 bps YoY - Profit after tax (PAT before minority interest) for Q2 FY27: ₹1,085 c

What is Asian Paints Ltd share price analysis?

Asian Paints Ltd currently shows a neutral. The stock trades at a P/E of 44.9 with a market cap of ₹219,138 Cr. Investors should review the full earnings analysis for detailed insights.

Is Asian Paints Ltd planning capital expenditure?

VAE Plant, Dahej: - Capacity: 150,000 MT per annum - Status: Phase 1 commissioned in Q2 FY27 - Phase 2 planned with VAM capacity of 100,000 MT - Total CAPEX: ₹3,250 crore - Gross block addition in Phase 1: ~₹1,060 crore - The VAE plant is India's first integrated VAM-VAE ecosystem.

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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.