Asian Paints Expands with New Rs. 340 Cr UAE Plant Launch

Asian Paints will be in sharp focus on the National Stock Exchange on November 27 after announcing a major Middle East expansion with a new paint manufacturing facility in the United Arab Emirates (UAE).

Through its subsidiary Berger Paints Emirates, the company will invest Rs. 340 crore (AED 140 million) to build its second UAE factory, located in the Khalifa Economic Zones Abu Dhabi (KEZAD) on a vast 100,000 sq. metre plot.

Key Highlights

• Asian Paints invests Rs. 340 crore in a new UAE factory at KEZAD
• Strong Q2 FY26 earnings with 47 percent profit growth and 10.9 percent volume rise
• Secures Rs. 45 crore BCCI sponsorship covering 110 cricket matches

The upcoming facility will have an initial production capacity of 55,800 kilolitres per year, enabling faster supply to Gulf markets, reducing import reliance, and improving delivery timelines.

The announcement came post-market hours on Wednesday. The Asian Paints stock, which closed slightly lower at Rs. 2,872 (-0.13 percent), is expected to attract investor attention today, as global expansion moves often boost market sentiment.

This investment follows a strong domestic performance. In Q2 FY26 (July–September 2025), Asian Paints reported a 47 percent jump in net profit to Rs. 1,018 crore, compared to Rs. 694 crore last year. Revenue rose 6 percent to Rs. 8,531 crore, decorative paint volumes grew 10.9 percent, EBITDA increased 21 percent, and margins improved to 17.6 percent. The company also declared an interim dividend of Rs. 4.50 per share, payable on or after November 27 to shareholders registered by November 18.

Also Read: Asian Paints to Build Rs. 2,000 Cr Plant in Indore

Adding to its momentum, Asian Paints secured a Rs. 45 crore BCCI cricket sponsorship deal for 110 matches across men’s, women’s, domestic, and international cricket. With a market cap of Rs. 2.75 lakh crore, Asian Paints remains one of the world’s most valuable paint companies—driven by profits, branding, and rapid global expansion.