Results - Announcements
Asian Paints Ltd share price declined by 0.24% to Rs 2285.0 after the company's net profit witnessed a sharp fall of 30.40% to Rs 1085.35 crore, while revenue from operations slipped slightly by 5.39% to Rs 9953.89 crore in Q3FY26 over Q2FY26.
The market capitalization of Paints industry group stocks on BSE stood at Rs 3.62 lakh crore, easing 3.17%. It has slipped by 0.94% over last one week and dropped by 14.85% in last one month while the market capitalization of Asian Paints Ltd has eased by 0.29% and 16.86% in the same period respectively.
Profit before tax (PBT) of Asian Paints Ltd stood at Rs 1477.78 crore in Q3 FY26, gaining 6.20% year-on-year, and plunging by 29.49% quarter-on-quarter. EBITDA came in at Rs 1309 crore, rising 0.35% YoY and tumbling by 32.09% sequentially.
Total expenses saw a slight increase of 0.64% to Rs 8733.11 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 5084.28 crore, marginally falling by 6.70% YoY, while employee benefits expense was at Rs 775.64 crore, seeing a marginal contraction of 1.87% YoY.
For the TTM ended FY26, revenue from operations inched higher 5.09% to Rs 35516.37 crore, while net profit improved by 18.46% to Rs 4394.69 crore, compared to previous TTM. EBITDA surged by 563511% to Rs 5972.12 crore, and PBT registered a growth of 17.64% to Rs 6003.44 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 7088.18 crore in FY26, as against Rs 4423.96 crore in FY25.
Asian Paints Ltd plunged by 8.93% in last one year, outperforming the benchmark BSE Sensex which has reduced by 13.45% during the same period.