Asian Paints Announces Rs 20.55 Per Share Final Dividend for FY2025
Asian Paints has announced a final dividend of Rs 20.55 per share for the fiscal year 2025, totaling Rs 1,971.00 crore. Key dates for shareholders include: Last date to buy shares - June 9, Record date - June 10, and Dividend payment date - June 30 (subject to shareholder approval). Shareholders must be on record by June 10 to be eligible for the dividend.
09May 25
Asian Paints Faces Downgrades as Q4 Results Disappoint Analysts
Asian Paints faces downgrades from CLSA and Citi after disappointing Q4 results. CLSA maintains 'underperform' rating with a reduced price target of ₹1,966.00, while Citi reiterates 'sell' rating with a target of ₹2,100.00. The company reported only 1.8% volume growth, raising concerns about its market position amidst competitive pressures and weak urban demand.
08May 25
Asian Paints Declares Rs 20.55 Final Dividend Amidst 45% Drop in Q4 Profit
Asian Paints announced a final dividend of Rs 20.55 per share for Q4 FY2025, bringing the total dividend for FY2025 to Rs 24.80 per share. The company's Q4 consolidated net profit fell 45% year-over-year to Rs 692.13 crore due to margin pressure, increased advertising spending, and a one-time cost of Rs 183.00 crore. Despite Q4 challenges, the company's 9-month performance shows resilience with revenue growth of 3.52% and net profit increase of 29.79% year-over-year.
08May 25
Asian Paints Q4 Results: Net Profit Plunges 45%, Revenue and EBITDA Miss Estimates
Asian Paints announced its Q4 FY23 results, showing a 45% year-on-year decline in consolidated net profit to Rs 692.13 crore. Revenue fell 4.3% to Rs 8,358.91 crore, below the estimated Rs 8,680.00 crore. EBITDA decreased 15% to Rs 1,436.20 crore. The decorative business in India saw a volume growth of 1.80%, lower than expected. EBITDA margin decreased to 17.20% from 19.40% year-over-year. Factors affecting performance include inflationary pressures, higher advertisement spends, weak consumer sentiment, and increased competition. Despite challenges, the company declared a dividend of Rs 20.55 per share.
06May 25
Asian Paints Ltd. Sets Date for Q4 and FY25 Results, Dividend Announcement
Asian Paints Ltd. has set May 8, 2025, as the date for releasing its Q4 and full FY2025 financial results. The Board will also consider recommending a final dividend. The company's trading window will be closed from March 21 to May 12, 2025. An investor conference is scheduled for May 8, 2025, to discuss the results.
27Mar 25
Asian Paints Expands Chemical Manufacturing with Rs 3,250 Crore Plant, Announces Leadership Changes
Asian Paints' subsidiary to invest Rs 3,250 crore in a new chemical plant in Gujarat. The company announces senior management changes effective April 21, 2025, including new roles for Joseph Eapen, Rahul Bhatnagar, and Pragyan Kumar. Board-level changes include Jigish Choksi's resignation and Ashish Choksi's appointment as Non-Executive Director.
Asian Paints Completes Divestment of Indonesia Operations for SGD 6.80 Million
Asian Paints Limited has completed the sale of its entire stake in two Indonesian subsidiaries to Berger Paints Singapore for SGD 6.80 million (approx. ₹44.00 crore). The transaction, finalized on March 20, 2025, involves the divestment of PT Asian Paints Indonesia and PT Asian Paints Color Indonesia. This move aligns with Asian Paints' strategy to optimize its international portfolio, potentially focusing on more profitable markets or reallocating resources to higher growth areas.