New Delhi, July 29 -- Asian Paints reported a stronger-than-expected June-quarter (Q1FY27) performance, but the country's largest paint-maker kept its full-year guidance unchanged as it warned of renewed geopolitical risks and intense competition.

The company said it remains on track for 8-10% demand growth and Ebitda margins of 18-20% this fiscal year, even as chief executive Amit Syngle warned that volatility in crude-linked input costs and heightened competitive pressure remain its biggest concerns.

"I think what is our top worry is the whole area of the renewed conflict, the volatility in raw material prices kind of continues," Syngle said during a post-earnings investor conference on Wednesday. "When we look at overall, I think our...