Asian Paints Eyes Recovery Despite Weak Q4 Results, To Pay Rs 20.55 Dividend In June; Ready To Paint A Rally?

Asian Paints is one of the top 8 coatings firms in the world and the top paint and décor company in India. Through Asian Paints, Apco Coatings, Asian Paints Berger, Asian Paints Causeway, SCIB Paints, Taubmans, and Kadisco Asian Paints, Asian Paints and its subsidiaries operate 26 paint production sites in 14 countries, providing services to customers in more than 60 countries. Following the company's announcement of subpar Q4FY25 results and its recommendation of a sizable dividend of Rs. 20.55, the stock is now exhibiting signs of recovery in the chart pattern. Here's how to set up your bet.

Asian Paints Dividend

The Board of Directors "Recommended payment of final dividend of Rs. 20.55 (Rupees twenty and paise fifty -five only) per equity share of the face value of Re. 1 (Rupee one) each for the financial year ended 31st March 2025, subject to the approval of the shareholders at the ensuing 79 th Annual General Meeting of the Company. The total dividend for the financial year ended 31st March 2025, aggregates to Rs. 24.80 (Rupees twenty-four and paise eighty only) per equity share of the face value of Re. 1 (Rupee one) each including the interim dividend of Rs. 4.25 (Rupees four and paise twenty-five only) per equity share as approved by the Board of Directors at their meeting held on 9th November 2024, which was paid thereafter," said Asian Paints in a stock exchange filing.

Asian Paints Dividend Dates

"The Company has fixed Tuesday, 10th June 2025 as the Record Date for determining the entitlement of members to the final dividend for the financial year ended 31st March 2025. The dividend, if approved by the shareholders will be paid on or after Monday, 30th June 2025," Asian Paints informed stock exchanges.

The 79th Annual General Meeting (AGM) of the corporation will take place on Thursday, June 26, 2025.

Asian Paints Q4 Results

The company's consolidated net profit for the January-March 2025 quarter was Rs 692.1 crore, down 44.9% year-on-year (YoY) from Rs 1,256.7 crore during the same period the previous year. According to the firm, its net sales in Q4 FY25 dropped 4.3% to Rs 8,329.6 crore from Rs 8,701.5 crore in the same period last year. The quarter under review saw a 15.1% drop in profit before depreciation, interest, tax, other income, and exceptional items (PBDIT) to Rs 1,436.2 crores from Rs 1,691.4 crores in the year-ago quarter.

The company's consolidated net sales for the full fiscal year that ended in March 2025 dropped from Rs 35,382.1 crores in FY24 to Rs 33,797.4 crores, a 4.5% decline. While PBDIT [Profit before depreciation, interest, tax, other income, and extraordinary items] (before share in profit of associates) dropped by 20.8% to Rs 6,006.2 crores in FY25 from Rs 7,585.0 crores in FY24, net profit fell by 32.8% to Rs 3,667.2 crores from Rs 5,460.2 crores.

Asian Paints reported a 5.0% drop in its standalone net sales, from Rs 7,537.8 crores in Q4FY24 to Rs 7,157.1 crores in Q4FY25. The standalone net profit dropped from Rs 1,209.4 crores to Rs 694.3 crores, a 42.6% decline, whereas PBDIT dropped 14.8% from Rs 1,554.2 crores in the March 2024 quarter to Rs 1,324.2 crores in the March 2025 quarter.

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Asian Paints Share Price Target

"Asian Paints is showing signs of recovery after forming a short-term base near ₹2250. Immediate resistance lies at ₹2350, and a breakout can push it toward ₹2420-2450. Support is at ₹2250. RSI is around 57, showing moderate strength. The structure is improving and becoming more bullish with volume picking up. A close above ₹2350 would strengthen the uptrend further," commented Riyank Arora - Technical Analyst - Mehta Equities Limited.

Disclaimer

The recommendations made above are by market analysts and are not advised by either the author, nor Greynium Information Technologies. The author, nor the brokerage firm nor Greynium would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.