Archive · 28 Jan 2026
Asian Paints Shares Drop 9% After Q3 Results
Asian Paints, a big paint company in India, had a bad day on January 28, 2026.
Their stock price dropped a lot, about 9% in two days.
This happened because they made less money in the last three months of the year, and they said that people might not be buying as much paint.
Some experts think it's a good time to buy the stock because it might go up later, but others are worried because there's a lot of competition.
The company is trying to make better paints and advertise more to sell more.
They also have some good things happening in other countries like Sri Lanka and the UAE.
So, it's a mix of good and bad news.
Asian Paints share price dropped 9.3% over two sessions following Q3 results.
Q3 net profit declined 4.83% year-on-year due to exceptional items.
Revenue from operations rose 3.71% year-on-year to ₹8,867.02 crore.
Brokerages have mixed views: Motilal Oswal is neutral, HDFC Securities is bullish.
Company's EBITDA margin guidance remains unchanged at 18–20%.
- Who
- Asian Paints, a leading paint company in India
- What
- A significant drop in share price following the release of Q3 results
- When
- January 28, 2026
- Where
- Indian stock market (Nifty 50)
- Why
- Lower profit and guarded management commentary on demand dampened investor sentiment
- Current Share Price
- ₹2,451
- 52-Week High
- ₹2,985.50
- 52-Week Low
- ₹2,125
- Q3 Net Profit
- ₹1,073.92 crore
- Q3 Revenue
- ₹8,867.02 crore
- Exceptional Expenses
- ₹157.61 crore
- EBITDA Margin
- 20.1%
- Gross Margin
- 44.4%
Sources
Asian Paints share price cracks 9% in two sessions after Q3 results: Time to buy the dip or stay cautious?
Asian Paints shares fall most in 14 months; JM Financial says ‘demand challenges persist’
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Asian Paints’ Q3 profit falls nearly 5%, shares slide 4%
Asian Paints plunges 6% after Q3: Is it a ‘Buy the Dip’ signal as margins hit 9-quarter highs?
Asian Paints Shares Slide 7% After Q3 FY26 Results, Profit Hit By ₹158 Crore Exceptional Costs & Weak Demand Outlook