Asian Paints Limited has informed the Exchange regarding 'The Board of Directors at their meeting held today i.e., Friday, 29th May 2026, have, inter alia, approved the payment of final dividend of Rs. 23 per equity share of the face value of Re. 1 each for the financial year ended 31st March 2026. The record date for the purpose of determining the entitlement of the shareholders for final dividend has been fixed as Tuesday, 23rd June 2026, and the dividend will be paid to the shareholders on or after Monday, 13th July 2026.
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Asian Paints reported standalone revenue of Rs. 30,769 crore for FY26, up 4.1% from Rs. 29,553 crore in FY25. Profit after tax grew 18.3% to Rs. 4,244 crore from Rs. 3,588 crore, with EPS rising to Rs. 44.27 from Rs. 37.43. On a consolidated basis, revenue was Rs. 35,584 crore (up 4.9%) and PAT was Rs. 4,395 crore (up 18.5%). The Board approved a final dividend of Rs. 23 per share, bringing the total FY26 dividend to Rs. 27.50 per share (including Rs. 4.50 interim dividend already paid). The record date is June 23, 2026, and payment will be made on or after July 13, 2026. Deloitte issued an unmodified (clean) audit opinion. The company's subsidiary Asian White Cement Holdings saw its stake reduce from 70% to 60%, and the amalgamation of Asian Paints (Polymers) Private Limited was completed effective March 31, 2026.
Strong profit growth of ~18% and a total dividend of Rs. 27.50 per share are positive signals for shareholders. The clean audit opinion removes concerns about financial reporting quality. Revenue growth of ~5% is steady but not exceptional.