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Asian Paints Ltd

(ASIANPAINT)

₹2429.70.92%

as on 04:01PM, 06 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

Asian Paints Ltd Analyst Rating

based on 36 analysts

HOLD

25.00%

Buy

30.56%

Hold

44.44%

Sell

Based on 36 analysts offering long term price targets for Asian Paints Ltd. An average target of ₹2677.86

Source: S&P Global Market Intelligence

Asian Paints Ltd Share analysis

Asian Paints Ltd price forecast by 36 analysts

Upside of10.21%

High

₹3750

Target

₹2677.86

Low

₹2080

Asian Paints Ltd target price ₹2677.86, a slight upside of 10.21% compared to current price of ₹2429.7. According to 36 analysts rating.

Source: S&P Global Market Intelligence

Asian Paints Ltd Performance

  • Day's Low

    Day's High

    ₹2,427
    ₹2,468
  • 52 Week's Low

    52 Week's High

    ₹2,422.95
    ₹3,422.95
1 Month Return-14.53 %
3 Month Return-25.94 %
1 Year Return-25.28 %
Previous Close₹2,452.20
Open₹2,468.00
Volume17.36L
Upper Circuit-
Lower Circuit-
Market Cap₹2,35,214.48Cr

Asian Paints Ltd Key Statistics

P/E Ratio50.98
PEG Ratio-9.92
Market Cap₹2,35,214.48 Cr
P/B Ratio14.82
EPS57.94
Dividend Yield1.17
SectorPaints/Varnish
ROE31.29

Asian Paints Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
HOLD₹2,35,214.48 Cr8.15%0.54₹5,557 Cr₹35,494 Cr
HOLD₹1,62,346.89 Cr27.66%0.52₹1,747 Cr₹12,382 Cr
SELL₹56,296.29 Cr3.18%0.56₹1,169 Cr₹11,198 Cr
HOLD₹22,465.60 Cr-4.02%0.51₹1,175 Cr₹7,801 Cr
BUY₹6,821.77 Cr-10.8%0.51₹148 Cr₹1,306 Cr

About Asian Paints Ltd

Asian Paints Ltd. is a leading paint manufacturer in India, with a presence in over 15 countries across the globe. Established in 1942, it is one of the oldest paint companies in India. The company is headquartered in Mumbai, Maharashtra and has been listed on the National Stock Exchange and Bombay Stock Exchange since 1994.

Asian Paints Ltd. provides a wide range of products and services in the painting industry. Its main lines of business include decorative paints, industrial coatings, automotive coatings, wood finishes, and waterproofing solutions. The company's top products include Royale Luxury Emulsion, Royale Play, and Apcolite Premium Emulsion. Asian Paints Ltd. also has a wide range of popular brands, such as Royale, Apex, Apcolite, and Weathercoat.

Share Price: ₹2429.70 per share as on 06 Dec, 2024 04:01 PM
Market Capitalisation: ₹2,35,214.48Cr as of today
Revenue: ₹8,003.02Cr as on September 2024 (Q3 24)
Net Profit: ₹693.66Cr as on September 2024 (Q3 24)
Listing date: 03 Nov, 1994
Chairperson Name: Deepak Satwalekar
OrganisationAsian Paints Ltd
Headquarters
IndustryPaints/Varnish
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Key events for Asian Paints Ltd

  • Asian Paints Reports Declining Profits Amid Challenges - 05 Dec, 2024

    Asian Paints Ltd is experiencing significant challenges, reporting a 42.4% decline in net profit for Q2 FY25 due to weak demand and competition. Investor confidence is shaken as the company navigates a tough market landscape.
  • Asian Paints Faces Decline Amidst Tough Competition - 04 Dec, 2024

    Asian Paints reported a challenging Q2 FY25, with net sales down 5.3% and profit after tax dropping 42.4% due to intensified competition and adverse weather conditions. The company is adapting by increasing dealer margins and launching new products, but demand remains subdued.
  • Asian Paints Faces Significant Underperformance Concerns - 29 Nov, 2024

    Asian Paints has underperformed the market, down 30% from its 52-week highs and 20% over the last three years. Profitability issues and intense competition raise concerns about its future prospects, with potential EPS dropping to Rs 50. The stock's fair value estimates range from Rs 2,500 to Rs 3,050, indicating uncertainty in its risk-reward equation.
  • Asian Paints Reports Profit Decline Amid Competition - 28 Nov, 2024

    Asian Paints Ltd reported a significant 42.4% decline in Q2FY25 net profit to Rs 694.64 crore, alongside a 5.3% drop in revenue. The company is facing challenges from weak demand and increased competition from JSW and Birla Group.
  • Asian Paints Expands Retail Network Amid Rising Costs - 25 Nov, 2024

    Asian Paints is expanding its retail network by adding 5,000 to 8,000 new retailers annually. However, employee expenses surged by 13.5% to Rs 676.50 crore in Q2.
  • Asian Paints Shows Strong Fundamentals Amid Market Pressures - 22 Nov, 2024

    Asian Paints reports a sales CAGR of 10.44% and an impressive EPS CAGR of 34.23%, indicating strong operational efficiencies. Despite a -28% stock price return, the fundamentals remain robust, suggesting potential undervaluation. The stock trades at a P/E of 49, below its historical median of 76.4, indicating possible investment opportunities.
  • Asian Paints Strengthens Market Position with New Initiatives - 21 Nov, 2024

    Asian Paints, holding a 45-50% share in India's decorative paints market, is enhancing consumer engagement through corporate branding, loyalty programs for contractors, and improved dealer margins to counter competition.
  • Asian Paints Faces Challenges Amid Ex-Dividend Announcement - 18 Nov, 2024

    Asian Paints is set to go ex-dividend with Rs 4.25 per share. The stock struggles near three-year lows, facing declining volumes and competitive pressure.
  • Asian Paints Declares 425% Interim Dividend - 17 Nov, 2024

    Asian Paints announced a 425% interim dividend for FY25, reflecting strong financial health. The record date for eligibility is November 19, 2024, with payment after November 28, 2024. Despite recent stock declines, the company shows significant long-term growth.
  • Asian Paints Faces Decline in Q2FY25 Performance - 13 Nov, 2024

    Asian Paints reported a 5.3% YoY decline in revenue and a 26.8% drop in EBITDA for Q2FY25. Analysts lowered target prices due to poor performance and competitive pressures, maintaining a cautious outlook.
  • Asian Paints Faces Decline Amid Weak Demand - 12 Nov, 2024

    Asian Paints reported a 42% YoY drop in Q2 profit, hitting a 52-week low as demand remains subdued. Management anticipates single-digit growth amid high competition, leading to multiple downgrades from brokerages.
  • Asian Paints Faces Downgrades After Weak Q2 Results - 11 Nov, 2024

    Asian Paints reported disappointing Q2FY25 results, with a significant drop in revenue and net profit. Analysts downgraded the stock, predicting further declines amid rising competition and poor demand conditions.
  • Asian Paints Faces Significant Profit Decline in Q2 - 10 Nov, 2024

    Asian Paints reported disappointing Q2 results with a 43.7% drop in net profit to ₹694.6 crore, driven by weak consumer sentiment and adverse weather conditions. Revenue fell 5.3% year-over-year, and domestic volumes declined by 0.5%, missing growth expectations. The company anticipates margin recovery as material prices soften.
  • Asian Paints Reports Significant Q2 Profit Decline - 09 Nov, 2024

    Asian Paints announced a 42.4% drop in Q2 FY25 net profit to ₹694.64 crore, attributed to weak demand and adverse weather conditions. Revenue fell 5.3% to ₹8,003.02 crore. The company anticipates margin recovery in the second half of the year due to recent price hikes and stabilization of raw material costs. An interim dividend of ₹4.25 per share was also approved.
  • Asian Paints Q2 Earnings Preview Indicates Weak Demand - 08 Nov, 2024

    Asian Paints is projected to report flat revenue and a significant decline in net profit for Q2, primarily due to weak consumer demand and adverse weather conditions. Analysts anticipate challenges in margins and operating performance amid raw material inflation and increased competition.
  • Asian Paints Launches Campaign with Manish Malhotra - 06 Nov, 2024

    Asian Paints has partnered with designer Manish Malhotra for a new campaign promoting their Exterior Textures. The campaign emphasizes the blend of aesthetics and wall protection, encouraging homeowners to view their exterior walls as canvases for creative expression. The collaboration aims to elevate the perception of exterior textures in home design, showcasing Asian Paints' commitment to innovation and premium design solutions.

Insights on Asian Paints Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 15.27% to 15.28% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 3.80% to 4.86% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Solar Industries India Ltd has given 71.7% return, outperforming this stock by 97.0%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 52.63% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Solar Industries India Ltd has given 290.6% return, outperforming this stock by 310.4%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 4 quarters, 1.44K Cr → 694.64 Cr (in ₹), with an average decrease of 20.2% per quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 9.16K Cr → 8.23K Cr (in ₹), with an average decrease of 10.2% per quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, ASIANPAINT stock has moved down by -14.5%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 19.69% to 18.88% in Sep 2024 quarter

Asian Paints Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹8,451.93Cr (-)₹9,074.94Cr (↑7.37%)₹8,701.46Cr (↓4.12%)₹8,943.24Cr (↑2.78%)₹8,003.02Cr (↓10.51%)
Net Income₹1,232.39Cr (-)₹1,475.16Cr (↑19.70%)₹1,275.30Cr (↓13.55%)₹1,186.79Cr (↓6.94%)₹693.66Cr (↓41.55%)
Net Profit Margin14.58% (-)16.26% (↑11.52%)14.66% (↓9.84%)13.27% (↓9.48%)8.67% (↓34.66%)
Value in ₹ crore
Details2021202220232024
Total Assets₹17,649.62Cr (-)₹19,997.29Cr (↑13.30%)₹22,620.22Cr (↑13.12%)₹26,071.30Cr (↑15.26%)
Total Liabilities₹5,560.43Cr (-)₹6,648.20Cr (↑19.56%)₹7,034.66Cr (↑5.81%)₹7,646.21Cr (↑8.69%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹2,813.07Cr (-)₹3,458.58Cr (↑22.95%)₹1,260.31Cr (↓63.56%)₹4,221.65Cr (↑234.97%)₹5,737.84Cr (↑35.91%)

Index Inclusions

Nifty India Consumption

₹11,658.55

0.28 (32.15%)

S&P BSE Low Volatility

₹1,807.85

-0.09 (-1.56%)

S&P BSE 100 LargeCap TMC

₹9,245.25

0.07 (6.59%)

NIFTY 100

₹25,663.90

0.02 (6.05%)

BSE 200

₹11,413.25

0.13 (15.23%)

Nifty100 Eq Weig

₹32,869.20

0.32 (104.1%)

S&P BSE Quality

₹1,857.22

0.26 (4.85%)

S&P BSE 100 ESG

₹410.39

-0.02 (-0.09%)

BSE 100

₹26,196.86

0.07 (18.2%)

S&P BSE SENSEX 50

₹25,963.50

-0.04 (-11.43%)

Nifty 500

₹23,312.10

0.15 (34.15%)

BSE MFG

₹1,034.65

0.32 (3.26%)

NIFTY 50

₹24,677.80

-0.12 (-30.6%)

S&P BSE 250 LargeMidCap

₹10,831.91

0.13 (14.52%)

S&P BSE Largecap

₹9,626.83

0.08 (8%)

S&P BSE Dividend Stability

₹1,039.45

0.25 (2.63%)

SENSEX

₹81,709.12

-0.07 (-56.74%)

Nifty100 Quality

₹5,790.60

-0.07 (-3.95%)

Nifty 200

₹13,996.80

0.1 (13.4%)

Nifty100 Low Volatility 30

₹19,677.90

-0.14 (-27.05%)

BSE 500

₹36,681.01

0.17 (61.77%)

Nifty LargeMidcap 250

₹16,280.10

0.22 (35.35%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Asian Paints Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
52.63%
0.00
Foreign Institutions
15.28%
0.06
Mutual Funds
4.86%
27.87
Retail Investors
18.88%
-4.11
Others
8.35%
-3.01

Asian Paints Ltd Key Indicators

Details20202021202220232024
Return On Equity %29.0128.3324.6528.3431.29
Details20202021202220232024
Return On Assets %19.8217.7915.1518.1520.94
Details20202021202220232024
Book Value Per Share (₹)105.61133.51143.99166.72195.25
Details20202021202220232024
Earning Per Share (₹)28.9233.4332.1643.7457.94

Asian Paints Ltd Valuation

Asian Paints Ltd in the last 5 years

  • Overview

  • Trends

Lowest (47.59x)

May 9, 2024

Industry (45.15x)

December 6, 2024

Today (50.98x)

December 6, 2024

Highest (115.23x)

December 30, 2020

LowHigh

Asian Paints Ltd Earnings and Dividends

  • Asian Paints Ltd Earnings Results

    Asian Paints Ltd’s net profit fell -42.37% since last year same period to ₹694.64Cr in the Q2 2024-2025. On a quarterly growth basis, Asian Paints Ltd has generated -40.63% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Asian Paints Ltd Dividends November,2024

    In the quarter ending September 2024, Asian Paints Ltd has declared dividend of ₹4.25 - translating a dividend yield of 1.33%.

    Read More about Dividends

Asian Paints Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Asian Paints Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Asian Paints Ltd

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Asian Paints Ltd (ASIANPAINT) share price today is ₹2429.7

Asian Paints Ltd is listed on NSE

Asian Paints Ltd is listed on BSE

  • Today’s highest price of Asian Paints Ltd is ₹2468.
  • Today’s lowest price of Asian Paints Ltd is ₹2427.

PE Ratio of Asian Paints Ltd is 50.98

PE ratio = Asian Paints Ltd Market price per share / Asian Paints Ltd Earnings per share

Today’s traded volume of Asian Paints Ltd(ASIANPAINT) is 17.36L.

Today’s market capitalisation of Asian Paints Ltd(ASIANPAINT) is ₹235214.48Cr.

Asian Paints Ltd(ASIANPAINTPrice
52 Week High
₹3422.95
52 Week Low
₹2422.95

Asian Paints Ltd(ASIANPAINT) share price is ₹2429.7. It is down -29.02% from its 52 Week High price of ₹3422.95

Asian Paints Ltd(ASIANPAINT) share price is ₹2429.7. It is up 0.28% from its 52 Week Low price of ₹2422.95

Asian Paints Ltd(ASIANPAINTReturns
1 Day Returns
-22.5%
1 Month Returns
-14.53%
3 Month Returns
-25.94%
1 Year Returns
-25.28%