{"id":333378,"date":"2026-10-30T12:12:53","date_gmt":"2026-10-30T06:42:53","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=333378"},"modified":"2026-10-30T12:12:53","modified_gmt":"2026-10-30T06:42:53","slug":"asian-paints-share-price-q2-profit-up-7-percent-but-margins-slip-as-price-hikes-yet-to-brighten-margins-what-investors-should-check","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/asian-paints-share-price-q2-profit-up-7-percent-but-margins-slip-as-price-hikes-yet-to-brighten-margins-what-investors-should-check\/","title":{"rendered":"Asian Paints Share Price After Q2 Results: Profit Up 7%, but Price Hikes Are Yet to Brighten Margins"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>The Asian Paints share price traded near Rs 2,311 on 30 Oct 2026, up about 0.4%, after Q2 FY27 net profit rose 7.5% to Rs 1,068 crore on 17% revenue growth, while the consolidated PBDIT margin fell about 2 percentage points to 15.6%.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The Asian Paints share price was near Rs 2,311 on 30 October 2026, up about 0.4%, a day after Q2 FY27 results. Consolidated net profit rose 7.5% to about Rs 1,068 crore and net sales grew about 17% to nearly Rs 9,954 crore, yet the consolidated PBDIT margin fell to 15.6% from about 17.6%. Management said price hikes were staggered and calibrated, and part of the raw material inflation was absorbed. This article is educational and does not tell you to buy, hold or sell.<\/p>\n<\/p><\/div>\n<p>The Asian Paints share price reaction was calm, but the margin line explains why the debate continues. This article covers the Q2 FY27 results, the sequence of price hikes, how the Asian Paints share price compares with its own range and valuation, and the risks to watch.<\/p>\n<p>Three flags. Reports differ on revenue (Rs 9,977 crore against Rs 9,953.9 crore) and on the profit line (PBIDT of Rs 1,847 crore against a 15.6% PBDIT margin, which is about Rs 1,553 crore), probably because one includes other income. Price hike sizes and dates come from secondary reports that carry AI-assisted content notices, so treat them as unconfirmed. I could not open the paywalled Mint piece behind the headline, so this article rests on the results coverage and the company filing.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=asian-paints-share-price-q2-profit-up-7-percent-but-margins-slip-as-price-hikes-yet-to-brighten-margins-what-investors-should-check\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/asian-paints-share-price-q2-profit-up-7-percent-but-margins-slip-as-price-hikes-yet-to-brighten-margins-what-investors-should-check\/#Asian_Paints_Share_Price_Today_A_Muted_Reaction\" title=\"Asian Paints Share Price Today: A Muted Reaction\">Asian Paints Share Price Today: A Muted Reaction<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/asian-paints-share-price-q2-profit-up-7-percent-but-margins-slip-as-price-hikes-yet-to-brighten-margins-what-investors-should-check\/#Q2_FY27_Results_Strong_Sales_Weaker_Margins\" title=\"Q2 FY27 Results: Strong Sales, Weaker Margins\">Q2 FY27 Results: Strong Sales, Weaker Margins<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/asian-paints-share-price-q2-profit-up-7-percent-but-margins-slip-as-price-hikes-yet-to-brighten-margins-what-investors-should-check\/#Volumes_Segments_and_the_Raw_Material_Squeeze\" title=\"Volumes, Segments and the Raw Material Squeeze\">Volumes, Segments and the Raw Material Squeeze<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/asian-paints-share-price-q2-profit-up-7-percent-but-margins-slip-as-price-hikes-yet-to-brighten-margins-what-investors-should-check\/#The_Price_Hike_Timeline_Behind_the_Asian_Paints_Share_Price\" title=\"The Price Hike Timeline Behind the Asian Paints Share Price\">The Price Hike Timeline Behind the Asian Paints Share Price<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/asian-paints-share-price-q2-profit-up-7-percent-but-margins-slip-as-price-hikes-yet-to-brighten-margins-what-investors-should-check\/#Valuation_and_Technical_Picture_of_the_Asian_Paints_Share_Price\" title=\"Valuation and Technical Picture of the Asian Paints Share Price\">Valuation and Technical Picture of the Asian Paints Share Price<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/asian-paints-share-price-q2-profit-up-7-percent-but-margins-slip-as-price-hikes-yet-to-brighten-margins-what-investors-should-check\/#What_to_Watch_Next_on_the_Asian_Paints_Share_Price\" title=\"What to Watch Next on the Asian Paints Share Price\">What to Watch Next on the Asian Paints Share Price<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/asian-paints-share-price-q2-profit-up-7-percent-but-margins-slip-as-price-hikes-yet-to-brighten-margins-what-investors-should-check\/#Risks_for_the_Asian_Paints_Share_Price\" title=\"Risks for the Asian Paints Share Price\">Risks for the Asian Paints Share Price<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/asian-paints-share-price-q2-profit-up-7-percent-but-margins-slip-as-price-hikes-yet-to-brighten-margins-what-investors-should-check\/#Conclusion_Read_the_Asian_Paints_Share_Price_Through_the_Margin_Lens\" title=\"Conclusion: Read the Asian Paints Share Price Through the Margin Lens\">Conclusion: Read the Asian Paints Share Price Through the Margin Lens<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/asian-paints-share-price-q2-profit-up-7-percent-but-margins-slip-as-price-hikes-yet-to-brighten-margins-what-investors-should-check\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/asian-paints-share-price-q2-profit-up-7-percent-but-margins-slip-as-price-hikes-yet-to-brighten-margins-what-investors-should-check\/#What_happened_to_the_Asian_Paints_share_price_after_Q2_FY27_results\" title=\"What happened to the Asian Paints share price after Q2 FY27 results?\">What happened to the Asian Paints share price after Q2 FY27 results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/asian-paints-share-price-q2-profit-up-7-percent-but-margins-slip-as-price-hikes-yet-to-brighten-margins-what-investors-should-check\/#What_were_Asian_Paints_Q2_FY27_numbers\" title=\"What were Asian Paints&#8217; Q2 FY27 numbers?\">What were Asian Paints&#8217; Q2 FY27 numbers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/asian-paints-share-price-q2-profit-up-7-percent-but-margins-slip-as-price-hikes-yet-to-brighten-margins-what-investors-should-check\/#Why_have_price_hikes_not_improved_Asian_Paints_margins_yet\" title=\"Why have price hikes not improved Asian Paints&#8217; margins yet?\">Why have price hikes not improved Asian Paints&#8217; margins yet?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/asian-paints-share-price-q2-profit-up-7-percent-but-margins-slip-as-price-hikes-yet-to-brighten-margins-what-investors-should-check\/#How_much_has_Asian_Paints_raised_prices_in_2026\" title=\"How much has Asian Paints raised prices in 2026?\">How much has Asian Paints raised prices in 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/asian-paints-share-price-q2-profit-up-7-percent-but-margins-slip-as-price-hikes-yet-to-brighten-margins-what-investors-should-check\/#What_is_the_Asian_Paints_interim_dividend_and_record_date\" title=\"What is the Asian Paints interim dividend and record date?\">What is the Asian Paints interim dividend and record date?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/asian-paints-share-price-q2-profit-up-7-percent-but-margins-slip-as-price-hikes-yet-to-brighten-margins-what-investors-should-check\/#Is_the_Asian_Paints_share_price_expensive\" title=\"Is the Asian Paints share price expensive?\">Is the Asian Paints share price expensive?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/asian-paints-share-price-q2-profit-up-7-percent-but-margins-slip-as-price-hikes-yet-to-brighten-margins-what-investors-should-check\/#Should_I_buy_hold_or_sell_the_Asian_Paints_share_price_now\" title=\"Should I buy, hold or sell the Asian Paints share price now?\">Should I buy, hold or sell the Asian Paints share price now?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/asian-paints-share-price-q2-profit-up-7-percent-but-margins-slip-as-price-hikes-yet-to-brighten-margins-what-investors-should-check\/#Is_this_article_investment_advice\" title=\"Is this article investment advice?\">Is this article investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Asian_Paints_Share_Price_Today_A_Muted_Reaction\"><\/span><strong>Asian Paints Share Price Today: A Muted Reaction<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Asian Paints share price: item<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Detail on 30 Oct 2026<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Price at about 12:06 pm<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 2,311.30 on NSE, up about 0.4%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Day range so far<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 2,271.20 to Rs 2,329.90<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">52-week range<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 2,115 to about Rs 2,985.70<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Market capitalisation<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 2,20,491 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Move since late July<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Down about 15.9%, from about Rs 2,747 to about Rs 2,311<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Results date<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Board meeting and investor call on 29 October 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Interim dividend<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 5.75 per share; record date 4 November 2026<\/td>\n<\/tr>\n<\/table>\n<p>The Asian Paints share price has fallen about 16% since late July, so the market had already priced in a good deal of margin worry before the numbers arrived. A flat reaction on results day suggests the figures were close to those worries, not far from them. Weekly volumes in the Asian Paints share price stayed in the range of 18 to 56 lakh shares through the slide.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Track paint and consumer stocks on Univest<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Q2_FY27_Results_Strong_Sales_Weaker_Margins\"><\/span><strong>Q2 FY27 Results: Strong Sales, Weaker Margins<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Asian Paints share price: Q2 FY27 consolidated metric<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Q2 FY27<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Comparison<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Net sales<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 9,954 crore (another report: Rs 9,977 crore)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up about 17% from about Rs 8,514 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Net profit<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 1,067.6 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up about 7.5% from about Rs 993 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">PBDIT margin<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">15.6%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Down about 202 basis points from about 17.6%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Standalone EBITDA margin<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">17.1%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Stated by the CEO<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">International sales<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 1,095.6 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up about 29.5%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Interim dividend<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 5.75 per share<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Record date 4 November 2026<\/td>\n<\/tr>\n<\/table>\n<p>For the Asian Paints share price, sales grew faster than profit, and that gap is the story. Net sales rose about 17% while net profit rose only about 7.5%, and the EBITDA margin narrowed by roughly 2 percentage points. In the March quarter the company had seen a 7% volume rise, and in Q1 FY27 it posted a 40% profit jump, so Q2 marks a clear slowdown in profit growth.<\/p>\n<p>Compared with Q1 FY27, when consolidated net profit was Rs 1,539 crore on revenue of about Rs 10,540 crore, Q2 profit is about 31% lower and sales about 5% lower. Management described Q2 as a seasonally softer quarter. The Q1 figures vary slightly by source, so treat the quarter-on-quarter gap as approximate.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Volumes_Segments_and_the_Raw_Material_Squeeze\"><\/span><strong>Volumes, Segments and the Raw Material Squeeze<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Asian Paints share price: segment<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Reported growth in Q2 FY27<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">India decorative volume<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 6.4%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">India decorative value<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 14.5%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Domestic coatings<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Value up 16.4%; volume up 6.8%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Industrial coatings<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Value up 31.8%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">International business<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Sales up about 29.5%<\/td>\n<\/tr>\n<\/table>\n<p>Decorative volume growth of 6.4% is healthy for a company of this size, but value growth of 14.5% shows that most of the rise came from higher prices. CEO Amit Syngle said sharp raw material inflation and supply constraints linked to geopolitical disruptions hit the quarter, and that price increases were calibrated so that part of the cost rise was absorbed to protect demand. That choice protects volumes and costs margin, which is exactly what the numbers show.<\/p>\n<p>Phase one of the VAE plant at Dahej, with a capacity of 1,50,000 tonnes a year, was commissioned on 17 September 2026. This is a step toward backward integration, which can support the Asian Paints share price over time by reducing exposure to bought-in inputs, though it will not change Q3 margins on its own.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to get stock updates and screeners in one place.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_Price_Hike_Timeline_Behind_the_Asian_Paints_Share_Price\"><\/span><strong>The Price Hike Timeline Behind the Asian Paints Share Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Asian Paints share price: price hike<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Reported detail<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Source note<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Mid-June 2026<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 2% to 4% increase, aimed at offsetting 150 to 200 basis points of input cost inflation<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Secondary report; AI-assisted<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Q1 FY27<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 12% price rise during the quarter, per results coverage<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Outlook Business<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">13 July 2026<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">12% average increase across decoratives, effective immediately, on crude-linked costs<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Secondary report; AI-assisted<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Q2 FY27<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Another staggered round in decoratives; no percentage given<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Results coverage<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">1 November 2026<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 3% increase planned, citing crude-linked inputs, packaging and freight<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Secondary report; AI-assisted<\/td>\n<\/tr>\n<\/table>\n<p>Reports differ on whether the 12% figure and the 2% to 4% figure describe the same round or separate ones, so the cumulative rise cannot be pinned down here. A further hike matters for the Asian Paints share price only if it sticks. What is clear is the direction: repeated price hikes through 2026 against crude-linked raw materials. Rival Berger Paints and Kansai Nerolac typically follow the leader, which would help the whole group if they do.<\/p>\n<p>Why have the price hikes not lifted the EBITDA margin yet? Raw materials rise first and prices follow, so each hike repays cost already incurred. Crude oil derivatives and titanium dioxide are among the inputs that moved. One secondary report puts crude-linked inputs at about half of raw material costs. A staggered hike also reaches the shelf slowly, because dealer stock bought at old prices is sold first. The gross margin therefore recovers with a lag, and the Asian Paints share price must wait for it, which the company itself signals by planning another round for coatings.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Valuation_and_Technical_Picture_of_the_Asian_Paints_Share_Price\"><\/span><strong>Valuation and Technical Picture of the Asian Paints Share Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Asian Paints share price: valuation metric<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Value<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Reference<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Price to earnings<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 45.6<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Industry about 41.7<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Price-to-book<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 10.3<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Book value about Rs 222.81<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Earnings per share (TTM)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 50.43<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Trailing twelve months<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Return on equity<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 20.2%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Strong<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Debt to equity<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 0.18<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Low borrowing<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Dividend yield<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 1.2%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Before the Rs 5.75 interim<\/td>\n<\/tr>\n<\/table>\n<p>At about 45.6 times trailing earnings against an industry figure near 41.7, the Asian Paints share price carries a small premium. A return on equity of about 20% and a low debt ratio support that premium for the Asian Paints share price, while a price-to-book above 10 means expectations are high. The stock trades about 23% below its 52-week high of Rs 2,985.70, and the 52-week low of Rs 2,115 is roughly 8% below the current price.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_to_Watch_Next_on_the_Asian_Paints_Share_Price\"><\/span><strong>What to Watch Next on the Asian Paints Share Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li><strong>Gross margin recovery.<\/strong> Check the investor presentation and call transcript for the gross margin trend behind the Asian Paints share price and the path back toward the company&#8217;s usual EBITDA range.<\/li>\n<li><strong>The 1 November increase.<\/strong> Watch whether the planned 3% hike sticks across dealers, because the Asian Paints share price depends on it.<\/li>\n<li><strong>Rival pricing.<\/strong> Berger Paints and new entrants such as Grasim&#8217;s Birla Opus can cap how much of the cost rise passes through.<\/li>\n<li><strong>Decorative volume.<\/strong> Festive-season volume growth above the 6.4% of Q2 would support the case.<\/li>\n<li><strong>Crude oil.<\/strong> A fall in crude eases raw material costs; a rise reverses the benefit.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Risks_for_the_Asian_Paints_Share_Price\"><\/span><strong>Risks for the Asian Paints Share Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li><strong>Margin lag.<\/strong> Cost rises can outrun price hikes for several quarters.<\/li>\n<li><strong>Volume risk.<\/strong> Repeated price hikes can slow demand, especially in entry-level products.<\/li>\n<li><strong>Competition.<\/strong> New capacity from rivals can force discounts.<\/li>\n<li><strong>Valuation.<\/strong> A multiple above 45 leaves the Asian Paints share price little room for a margin miss.<\/li>\n<li><strong>Data gaps.<\/strong> Hike sizes and dates are unconfirmed, and revenue differs slightly by report.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion_Read_the_Asian_Paints_Share_Price_Through_the_Margin_Lens\"><\/span><strong>Conclusion: Read the Asian Paints Share Price Through the Margin Lens<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Asian Paints share price held steady because Q2 FY27 brought healthy sales growth, a 7.5% profit rise and a Rs 5.75 interim dividend, but the PBDIT margin slipped to 15.6% even after repeated price hikes. The next few quarters will show whether the hikes catch up with raw material costs. Check the filing and invest in line with your own risk profile.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_happened_to_the_Asian_Paints_share_price_after_Q2_FY27_results\"><\/span><strong>What happened to the Asian Paints share price after Q2 FY27 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Asian Paints share price traded near Rs 2,311 on 30 October 2026, up about 0.4%, a day after results. Net profit rose about 7.5% to Rs 1,068 crore, but the PBDIT margin fell to 15.6%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_were_Asian_Paints_Q2_FY27_numbers\"><\/span><strong>What were Asian Paints&#8217; Q2 FY27 numbers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Consolidated net sales were about Rs 9,954 crore, up about 17%, and net profit was about Rs 1,067.6 crore, up about 7.5%. India decorative volume grew 6.4% and value grew 14.5%. The board declared an interim dividend of Rs 5.75 per share.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_have_price_hikes_not_improved_Asian_Paints_margins_yet\"><\/span><strong>Why have price hikes not improved Asian Paints&#8217; margins yet?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Raw material costs rose first, and price hikes recover them with a lag. Management said hikes were staggered and calibrated and that part of the inflation was absorbed to protect demand. Dealer stock at old prices also delays the effect.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_has_Asian_Paints_raised_prices_in_2026\"><\/span><strong>How much has Asian Paints raised prices in 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Reports vary. One cites 2% to 4% from mid-June, results coverage cites about 12% in Q1, another cites a 12% average rise in July, and a further 3% is reported from 1 November. These come from secondary sources, so confirm the cumulative figure with the company.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Asian_Paints_interim_dividend_and_record_date\"><\/span><strong>What is the Asian Paints interim dividend and record date?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The board declared an interim dividend of Rs 5.75 per share with a record date of 4 November 2026. The dividend yield on the trailing basis is about 1.2%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_Asian_Paints_share_price_expensive\"><\/span><strong>Is the Asian Paints share price expensive?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> It trades at about 45.6 times trailing earnings against an industry figure near 41.7, with a return on equity near 20%. The price-to-book of above 10 shows high expectations, so valuation is a risk to weigh.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_buy_hold_or_sell_the_Asian_Paints_share_price_now\"><\/span><strong>Should I buy, hold or sell the Asian Paints share price now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This article does not recommend buying, holding or selling any stock. Check the filing, the margin trend and your own risk profile, or speak to a SEBI-registered adviser.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_article_investment_advice\"><\/span><strong>Is this article investment advice?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. It is educational and not a recommendation to buy or sell. Please check the figures against company filings and your own risk profile before you act on anything you read here.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What happened to the Asian Paints share price after Q2 FY27 results?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Asian Paints share price traded near Rs 2,311 on 30 October 2026, up about 0.4%, a day after results. Net profit rose about 7.5% to Rs 1,068 crore, but the PBDIT margin fell to 15.6%.\"}},{\"@type\":\"Question\",\"name\":\"What were Asian Paints' Q2 FY27 numbers?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Consolidated net sales were about Rs 9,954 crore, up about 17%, and net profit was about Rs 1,067.6 crore, up about 7.5%. India decorative volume grew 6.4% and value grew 14.5%. 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Check the filing, the margin trend and your own risk profile, or speak to a SEBI-registered adviser.\"}},{\"@type\":\"Question\",\"name\":\"Is this article investment advice?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No. It is educational and not a recommendation to buy or sell. Please check the figures against company filings and your own risk profile before you act on anything you read here.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Asian Paints share price after Q2 FY27 results: profit up 7.5% to Rs 1,068 crore, EBITDA margin down to 15.6%, price hikes, raw material costs and valuation explained.<\/p>\n","protected":false},"author":34,"featured_media":333377,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[18473,18475,18471,18476,18470,18472,18469,18474,288,1302],"class_list":["post-333378","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-asian-paints-dividend","tag-asian-paints-ebitda-margin","tag-asian-paints-margins","tag-asian-paints-news","tag-asian-paints-price-hike","tag-asian-paints-q2-fy27","tag-asian-paints-q2-results","tag-asian-paints-raw-material-cost","tag-asian-paints-share-price","tag-paint-stocks"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["333377"],"rank_math_title":["Asian Paints Share Price: Q2 Profit Up 7%, Margins Slip"],"rank_math_description":["Asian Paints share price after Q2 FY27 results: profit up 7.5% to Rs 1,068 crore, EBITDA margin down to 15.6%, price hikes, raw material costs and valuation explained."],"rank_math_focus_keyword":["Asian Paints share price"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/asian-paints-share-price-after-q2-results-profit-up-7-but-price-hikes-are-yet-to.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/333378","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=333378"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/333378\/revisions"}],"predecessor-version":[{"id":333379,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/333378\/revisions\/333379"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/333377"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=333378"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=333378"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=333378"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}