$ASIANPAINT Financial performance and key operating metrics : Net Sales for Q1FY27 is Rs. 10,521 Crs., 17.89% growth YoY, Total Income is Rs. 10,783 Crs., 18.09% growth YoY, Gross Profit is Rs. 4,575 Crs., 20.35% growth YoY, EBITDA is Rs. 2,148 Crs., 33.36% growth YoY, EBITDA Margin is 20.42% improved by 237 basis points YoY, PBT Rs. 2,096 Crs., 38.91% growth YoY, PAT Rs. 1,559 Crs. 39.6% growth YoY. On QoQ basis Net Sales is up by 14%, Total Income is also up by 14.49%, Gross Profit is up by 10.91%, EBITDA is up by 21.48%, PBT is up by 29.84% and PAT is also up by 31.54%. Automotive OE (PPGAP): 13% top-line growth; PBT +~5%; PBT margin ~15.7% (down ~119 bps). Strength in auto, marine, packaging; refinish slower. International business :Revenue growth ~27% in Q1; performance “broad-based” (Egypt, UAE, Nepal, Bangladesh highlighted). PBT nearly doubled; PBT margin ~7.9% (+275 bps), Only notable drag: Ethiopia impacted by currency devaluation. Near-term margin risk shifts from Q1 to Q2, Innovation is a material growth/mix lever, B2B is being institutionalized. Backward integration is transitioning from capex story to execution: white cement operational; VAM–VAE Phase 1 “by August” is a key upcoming catalyst, with targeted 300–500 bps benefit band where applied and a 2–2.5 year ramp to 150k MT.

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