Asian Paints Ltd. (ASIANPAINT) results explained: sales up 17%

Quantooo Lab ยท 2026-10-29

What happened?

Asian Paints Ltd. (ASIANPAINT) reported results on 29 Oct, covering the 3 months to 30 Sep.

The numbers in plain words

Sales were up 16.9% compared with the same period a year earlier. Out of every 100 of sales, about 14 was left as profit before tax (pre-tax margin 14.4%), lower than a year earlier (15.9%). The company is funded more by borrowing than a year ago (38% of assets vs 36%).

Source: the company's NSE results (nse ixbrl) filed 2026-10-29.

How did the share price react?

Since the results, the share price has moved +1.55% (to the close of 30 Oct), while the Nifty 50 moved +1.56%.

What changed in our score?

Our score went from 42 to 35 out of 100; the fundamentals part went from 64 to 29. Every step of the calculation: ASIANPAINT stock page.

How bumpy could the next month be?

Our volatility model expects the next month to be bumpier than usual for ASIANPAINT (21% a year vs a normal 20%).

What does it mean?

Results describe the past few months. They don't tell you where the price goes next, and our own tests found our scores don't reliably predict that either.

Educational, not investment advice.