Asian Paints Limited — Investor Meet, 03-06-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Asian Paints reported strong Q4 FY26, with decorative volume growth at 12.4% and value growth at 10.2%. Standalone PAT (excluding exceptional items) increased by 32.7% YoY, achieving gross margins of 45.6%. Management anticipates high single-digit volume growth for FY27 and aims to sustain 18-20% PBDIT margins. Strategies include calibrated price increases, cost efficiencies, and premiumization. The first phase of the VAM-VAE backward integration project is expected in H1. A total dividend of Rs. 27.5 per share (60% payout) was declared. Management remains confident in navigating competitive intensity and volatile macros.