Asian Paints Limited — PPTs, 29-07-2025: Investor Presentation

Here is the summary of the attached document:

**1. Financial Highlights:**

Q1 FY26 Decorative India volume growth slowed to 3.9%. Standalone Net Sales dipped 1.2% to Rs 7,769 Cr (PAT -3.7% to Rs 1,059 Cr). Consolidated sales flat at Rs 8,924 Cr (PAT -1.0% to Rs 1,106 Cr). Home Decor faced losses; International business grew 8.4% (INR) with improved profitability. Industrial revenue grew 5-11% but margins were pressured.

**2. Strategic Initiatives & Growth Drivers:**

Innovation drives ~14% of Q1 revenues, including new eco-friendly paints. Distribution expanded to 1.70 lakh touchpoints. Backward integration projects are on track for cost efficiency and differentiation.

**3. Business Developments:**

Subdued consumer spending impacted Home Decor; Weatherseal (uPVC) sales grew 32%. Strong international performance, especially in Asia, UAE, and Egypt, provided a boost.

**4. Market Position & Competitive Advantage:**

A top integrated Home Décor player, leading in Wallcoverings and Decorative Lighting. Leveraging expertise and distribution to scale Industrial Businesses.

**5. Investor Implications:**

Slowing decorative volumes and Home Decor losses are key monitorables. Early urban demand revival and international strength offer positive growth potential. Monitor competitive pressures and raw material prices.