Asian Paints Targets 8-10% Volume Growth, Boosts Brand & Innovation Spending

• Asian Paints expects 8-10% volume growth in coming quarters, maintaining a similar band as recent performance.
• The company's decorative business in India saw 7.9% volume growth year-on-year in Oct-Dec 2025 quarter.
• Despite muted demand in October due to a short festival window and prolonged monsoon, November and December showed strong pickup.
• Asian Paints plans to invest heavily in brand building, innovation, and technology to drive demand and maintain 18-20% margins.
• Competitive intensity in the paints sector is expected to continue, focusing on pricing, distribution, and reaching various market segments.

Why It Matters: Asian Paints anticipates steady 8-10% volume growth, investing in brand and innovation amidst competitive market.