Asian Paints Limited — Investor Meet, 12-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Asian Paints has announced a board meeting to discuss the financial results for the quarter and half-year. Q4 volume grew 1.8% despite 5.2% value decline; full-year volume rose 2.5%, but value slipped 5.7%. Gross margin improved to ~45% in Q4, while PBDIT margins slightly contracted to ~18.5%. Consolidated sales fell ~4.5% with 17.8% PBDIT margin. Management notes weak urban demand offset by growth in smaller towns and innovation driving 14% of sales. CapEx guidance is Rs 700-800 Cr annually till FY27, focused on backward integration to protect margins. Global business faced currency and demand headwinds; industrial JVs grew revenue but margin pressure persists. Management emphasizes sustainable growth, premiumization, and distribution expansion with a cautiously optimistic outlook.