The Board of Directors at their meeting held today have inter alia approved the convening of 79th Annual General Meeting of the Company on Thursday, 26th June 2025 at 11:00 am IST through video conference and/or other audio visual means.
ASIANPAINT · price
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Asian Paints' board, at its 8th May 2025 meeting, approved audited standalone and consolidated financial results for Q4 and FY25 (ended 31st March 2025), with auditor Deloitte Haskins & Sells LLP issuing an unmodified opinion. Standalone revenue from operations fell to ₹29,552.65 cr from ₹31,226.98 cr in FY24, a decline of about 5.4%, while standalone profit after tax dropped sharply to ₹3,584.88 cr from ₹5,315.01 cr, down roughly 33%. The company recognised an exceptional charge of ₹379.63 cr in FY25, largely a ₹101.30 cr impairment on its investment in Obgenix Software (White Teak) and a ₹78.51 cr fair value loss on related derivative contracts for the future 40% stake. The board recommended a final dividend of ₹20.55 per share, taking total FY25 dividend to ₹24.80 per share (including the ₹4.25 interim paid in November 2024), with record date 10th June 2025. The 79th AGM is scheduled for 26th June 2025 via video conference, and prior-year comparatives have been restated following the amalgamation of Maxbhumi Developers and Sleek International (both wholly-owned subsidiaries) into the company with effect from 1st April 2024.
A weak year — falling revenue, sharply lower profits, and a sizeable one-time impairment — could weigh on the stock near term, though the healthy dividend payout and unmodified auditor opinion signal underlying cash flow strength. Investors should track the 5pm investor call for management commentary on demand trends, margin recovery, and the impact of the White Teak write-off.