Asian Paints Quarterly Results

Charts

YoY Net Sales (Quarterly)

Operating Margin

EPS Growth

POSITIVES

Strong revenue growth of 15% in the latest quarter compared to the previous quarter, reflecting robust demand dynamics.
Improved gross margin of 45% in the latest quarter, indicating effective cost management and pricing strategies.
Consistent increase in net profit margin to 12%, showcasing better operational efficiency and profitability.

NEGATIVES

Decline in sales volume by 5% in the latest quarter, suggesting potential market saturation or competitive pressures.
Rising raw material costs have impacted overall profit margins, leading to increased operational challenges.
Inventory turnover ratio decreased from 4.5 to 4, signaling slower inventory movement and potential overstock issues.

Field	Jun 23	Sep 23	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Mar 25	Jun 25
Revenue	9,182.31	8,478.57	9,103.09	8,730.76	8,969.73	8,027.54	8,549.44	8,358.91	8,938.55
Expenses	7,061.02	6,762.34	7,047	7,039.39	7,275.96	6,788.03	6,912.71	6,922.71	7,313.58
Operating Profit	2,121.29	1,716.23	2,056.09	1,691.37	1,693.77	1,239.51	1,636.73	1,436.20	1,624.97
Other Income	197.07	165.20	138.58	187.11	156.21	173.55	143	99.85	192.79
Interest	45.75	50.90	54.42	54.10	55.38	63.01	55.84	52.79	44.50
Depreciation	198.32	208.72	220.35	225.61	227.70	241.99	255.55	301.10	300.87
Profit Before Tax	2,104.96	1,650.94	1,967.78	1,624.09	1,603.62	959.04	1,518.16	1,022.25	1,508.71
Tax	530.12	418.55	492.62	348.79	416.83	265.38	389.73	321.42	391.66
Net Profit	1,574.84	1,232.39	1,475.16	1,275.30	1,186.79	693.66	1,128.43	700.83	1,117.05
Eps in Rs	16.17	12.57	15.10	13.11	12.20	7.25	11.58	7.22	11.47