Asian Paints Q2 Results: Profit Misses Estimates, Margin Contracts
Asian Paints is in focus in a quarterly results development.
· NDTV Profit, Business Today Mkts
Asian Paints Q2 Results: Revenue exceeded the Bloomberg estimate of Rs 9,782 crore, but Ebitda missed consensus by more than Rs 100 crore. The consolidated margin contracted to 15.6% from 17.6% a year earlier.
The analysis
Asian Paints reported Rs 9,782 crore and Rs 100 crore, with movement of 15.6% and 17.6% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is +0.8% on the day at ₹2,302.00, and has returned -16.5% over three months. It sits 22% below its 52-week high. The paints & building materials sector has moved -13.9% over the same period, so Asian Paints is running 2.6 points behind its peers.
For Asian Paints, the question is how much of this is already reflected in the price and how much re-rates the paints & building materials peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- In focus: Asian Paints (ASIANPAINT), in Paints & Building Materials.
- Over three months: Asian Paints -16.5% against Paints & Building Materials -13.9% (2.6 points behind).
- Trading well above normal today: Asian Paints at 4.0 times its 20-day average volume.
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Asian PaintsASIANPAINT · Paints & Building Materials | ₹2,302.00 | +0.8% | -5.6% | -16.5% | -22.5% | 4.0× | — |
Paints & Building Materials
1M -5.6% · 3M -13.9%
Asian Paints
Prices as of 29 Oct 2026, 15:45 IST. Sector moves are the average of the stocks we track in each sector.
In this story
Related coverage
Asian Paints Q2 Results: Net profit rises 7% YoY to Rs 1,068 crore; firm announces Rs 5.75/share dividend
Markets end flat ahead of Fed decision; FPIs buy shares worth ₹4,240 crore
Maruti Q2FY27 results: Net profit declines 26.36% to ₹2,466.1 crore
Allied Blenders Q2 Results: Profit rises 9.7% to Rs 69 crore, revenue up 6.8%
Vedanta Aluminium quarterly profit more than doubles on high prices, record production