Asian Paints Limited — Important, 08-07-2025: Updates

Asian Paints has announced a board meeting to consider the financial results for the quarter and half-year. The company faced a challenging FY 2024-25 with subdued urban demand, inflation pressures, and intensified competition causing a 5.4% decline in standalone revenue to Rs. 29,553 Cr and a 32.6% drop in profit after tax. Volume grew 2.5% but value declined 5.7% in decorative paints. Industrial coatings and projects business showed good growth. The company exited Indonesia to focus on stronger markets. Capex plan is around Rs. 1,000 Cr including backward integration in emulsions and white cement, with renewables now 58% of energy use. Asian Paints is enhancing R&D, strengthening differentiation, and actively combating counterfeit products. Dividend guidance totals Rs. 24.8/share, down ~25%. Management remains focused on sustainable growth despite competitive intensity and macro pressures.