CONSUMER DURABLES · NSE/BSE: ASIANPAINT

Asian Paints Earnings Summary — Q1 FY2027

Sentiment: Positive

AI-generated summary

Generated 2026-10-22

Business Intelligence Report

Asian Paints Q1 FY2027 results: Profit up +40.0% YoY; revenue grew +17.9% YoY; OPM 20.6%.

Quarterly Business Intelligence

Q1 FY2027

Financials from Financial Intelligence · data as of 2026-06-30

Revenue

₹10,542 Cr

QoQ +14.0%YoY +17.9%

Net Profit

₹1,539 Cr

QoQ +31.3%YoY +40.0%

Operating Profit

₹2,169 Cr

QoQ +21.4%YoY +33.5%

Operating Margin

20.6%

QoQ +125 bpsYoY +239 bps

AI Quarterly Scorecard™

/ 100

Strong

Revenue Momentum89

Profit Growth90

Margin Expansion65

Growth Consistency72

Operating Efficiency75

Financial Stability69

Computed deterministically from the last 10 reported quarters.

Quarterly Business Momentum

Revenue & Growth

Revenue has increased for 4 consecutive quarters.
Revenue of ₹10,542 Cr is 17.9% higher year-on-year.
Revenue has compounded at 8.7% annualised over the last 10 quarters.
Revenue is at its highest level in 10 quarters.

Profitability

Net profit has reached its highest level in 10 quarters.
Net profit of ₹1,539 Cr is 40.0% above the same quarter last year.
Profit growth is outpacing revenue growth, pointing to positive operating leverage.
Net profit has compounded at 9.4% annualised across the period.

Margins

Operating margin stands at 20.6% in Q1 FY2027.
Operating margin expanded by 239 bps year-on-year.
Over the last two years operating margin has expanded by 169 bps.
PBT margin is 19.9%.

Operating Efficiency

Expense growth of 14.5% remained below revenue growth of 17.9%.
Operating profit of ₹2,169 Cr is 33.5% higher year-on-year.
Operating leverage continues to improve.

Overall Momentum

4 of the last 6 measured quarters delivered year-on-year revenue growth.
Overall quarterly business momentum scores 77/100 (Strong) on the latest 10 quarters.
Business momentum remains positive heading into the next quarter.

Quarterly Financials

Last 10 Reported Quarters • All figures in ₹ Crore • Margins in %

Metric	Trend	Latest Q1 FY2027	Q4 FY2026	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024
Revenue	Stable	10,542	9,247	8,867	8,531	8,939	8,359	8,549	8,028	8,970	8,731
Expenses	Stable	8,373	7,460	7,086	7,028	7,314	6,923	6,913	6,788	7,276	7,039
Operating Profit	Accelerating	2,169	1,787	1,781	1,503	1,625	1,436	1,637	1,240	1,694	1,691
Operating Margin	Stable	20.6%	19.3%	20.1%	17.6%	18.2%	17.2%	19.1%	15.4%	18.9%	19.4%
Other Income	Volatile	279	197	69	237	229	-60	193	25	193	212
Interest	Stable	48	59	48	44	45	53	56	63	55	54
Depreciation	Improving	304	310	313	305	301	301	256	242	228	226
Profit Before Tax	Improving	2,096	1,614	1,489	1,392	1,509	1,022	1,518	959	1,604	1,624
Tax	Improving	536	429	415	373	392	321	390	265	417	349
Net Profit	Accelerating	1,539	1,172	1,060	994	1,100	692	1,110	695	1,170	1,257
Net Margin	Improving	14.6%	12.7%	11.9%	11.7%	12.3%	8.3%	13.0%	8.7%	13.0%	14.4%

Source: Financial Intelligence (Structured Quarterly Data)•Latest Quarter: Q1 FY2027•Figures in ₹ Crore • Margins in %•Automatically updated from Financial Intelligence · 2026-06-30