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Asian Paints NSEI:ASIANPAINT Stock Report

Last Price

₹2.35k

Market Cap

₹2.3t

7D

-3.0%

1Y

-28.9%

Updated

18 Dec, 2024

Data

Company Financials +

Asian Paints Limited

NSEI:ASIANPAINT Stock Report

Market Cap: ₹2.3t

ASIANPAINT Stock Overview

Engages in the manufacturing, selling, and distribution of paints, coatings, and products related to home decoration and bath fittings in Asia, the Middle East, Africa, and the South Pacific region. More details

ASIANPAINT fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance3/6
Financial Health5/6
Dividends5/6

My Notes

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₹2.66k
FV
11.9% undervalued intrinsic discount
10.53%
Revenue growth p.a.
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6 days ago author updated this narrative

Asian Paints Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Asian Paints
Historical stock prices
Current Share Price₹2,345.45
52 Week High₹3,422.95
52 Week Low₹2,350.50
Beta0.40
1 Month Change-5.57%
3 Month Change-28.79%
1 Year Change-28.86%
3 Year Change-28.49%
5 Year Change30.05%
Change since IPO5,407.91%

Recent News & Updates

Many Would Be Envious Of Asian Paints' (NSE:ASIANPAINT) Excellent Returns On Capital

Dec 02
Many Would Be Envious Of Asian Paints' (NSE:ASIANPAINT) Excellent Returns On Capital

Asian Paints Limited Just Missed Earnings - But Analysts Have Updated Their Models

Nov 12
Asian Paints Limited Just Missed Earnings - But Analysts Have Updated Their Models

Recent updates

Many Would Be Envious Of Asian Paints' (NSE:ASIANPAINT) Excellent Returns On Capital

Dec 02
Many Would Be Envious Of Asian Paints' (NSE:ASIANPAINT) Excellent Returns On Capital

Asian Paints Limited Just Missed Earnings - But Analysts Have Updated Their Models

Nov 12
Asian Paints Limited Just Missed Earnings - But Analysts Have Updated Their Models

What Asian Paints Limited's (NSE:ASIANPAINT) P/E Is Not Telling You

Oct 22
What Asian Paints Limited's (NSE:ASIANPAINT) P/E Is Not Telling You

We Think Asian Paints (NSE:ASIANPAINT) Can Stay On Top Of Its Debt

Sep 27
We Think Asian Paints (NSE:ASIANPAINT) Can Stay On Top Of Its Debt

With EPS Growth And More, Asian Paints (NSE:ASIANPAINT) Makes An Interesting Case

Aug 22
With EPS Growth And More, Asian Paints (NSE:ASIANPAINT) Makes An Interesting Case

Asian Paints (NSE:ASIANPAINT) Might Become A Compounding Machine

Aug 05
Asian Paints (NSE:ASIANPAINT) Might Become A Compounding Machine

Asian Paints Limited Just Missed Earnings - But Analysts Have Updated Their Models

Jul 20
Asian Paints Limited Just Missed Earnings - But Analysts Have Updated Their Models

It's Probably Less Likely That Asian Paints Limited's (NSE:ASIANPAINT) CEO Will See A Huge Pay Rise This Year

Jun 19
It's Probably Less Likely That Asian Paints Limited's (NSE:ASIANPAINT) CEO Will See A Huge Pay Rise This Year

Asian Paints' (NSE:ASIANPAINT) Shareholders Will Receive A Bigger Dividend Than Last Year

Jun 05
Asian Paints' (NSE:ASIANPAINT) Shareholders Will Receive A Bigger Dividend Than Last Year

Asian Paints (NSE:ASIANPAINT) Will Pay A Larger Dividend Than Last Year At ₹28.15

May 22
Asian Paints (NSE:ASIANPAINT) Will Pay A Larger Dividend Than Last Year At ₹28.15

The Asian Paints Limited (NSE:ASIANPAINT) Annual Results Are Out And Analysts Have Published New Forecasts

May 12
The Asian Paints Limited (NSE:ASIANPAINT) Annual Results Are Out And Analysts Have Published New Forecasts

Do Asian Paints' (NSE:ASIANPAINT) Earnings Warrant Your Attention?

Apr 28
Do Asian Paints' (NSE:ASIANPAINT) Earnings Warrant Your Attention?

Asian Paints Limited's (NSE:ASIANPAINT) Popularity With Investors Is Under Threat From Overpricing

Apr 09
Asian Paints Limited's (NSE:ASIANPAINT) Popularity With Investors Is Under Threat From Overpricing

Why You Should Care About Asian Paints' (NSE:ASIANPAINT) Strong Returns On Capital

Feb 19
Why You Should Care About Asian Paints' (NSE:ASIANPAINT) Strong Returns On Capital

Analyst Estimates: Here's What Brokers Think Of Asian Paints Limited (NSE:ASIANPAINT) After Its Third-Quarter Report

Jan 20
Analyst Estimates: Here's What Brokers Think Of Asian Paints Limited (NSE:ASIANPAINT) After Its Third-Quarter Report

We Think Asian Paints (NSE:ASIANPAINT) Can Manage Its Debt With Ease

Jan 16
We Think Asian Paints (NSE:ASIANPAINT) Can Manage Its Debt With Ease

There's Reason For Concern Over Asian Paints Limited's (NSE:ASIANPAINT) Price

Jan 01
There's Reason For Concern Over Asian Paints Limited's (NSE:ASIANPAINT) Price

Shareholder Returns

ASIANPAINTIN ChemicalsIN Market
7D-3.0%-2.1%-0.9%
1Y-28.9%8.5%22.5%

Return vs Industry: ASIANPAINT underperformed the Indian Chemicals industry which returned 8.5% over the past year.

Return vs Market: ASIANPAINT underperformed the Indian Market which returned 22.5% over the past year.

Price Volatility

Is ASIANPAINT's price volatile compared to industry and market?
ASIANPAINT volatility
ASIANPAINT Average Weekly Movement3.5%
Chemicals Industry Average Movement5.7%
Market Average Movement6.2%
10% most volatile stocks in IN Market9.1%
10% least volatile stocks in IN Market4.1%

Stable Share Price: ASIANPAINT has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: ASIANPAINT's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19429,482Amit Synglewww.asianpaints.com

Asian Paints Limited, together with its subsidiaries, engages in the manufacturing, selling, and distribution of paints, coatings, and products related to home decoration and bath fittings in Asia, the Middle East, Africa, and the South Pacific region. The company offers wall coverings; textures painting aids; waterproofing products; wall stickers; mechanized tools; adhesives; modular kitchens and wardrobes; bath fittings and sanitaryware; decorative lighting products; fabrics, furniture, furnishings, and rugs; and unplasticized polyvinyl chloride windows and door systems, as well as personalized interior design, safe painting, and color consulting services. It also provides interior and exterior wall finishes, wood finishes, enamels, tools, undercoats, thinners, and varnishers.

Asian Paints Limited Fundamentals Summary

How do Asian Paints's earnings and revenue compare to its market cap?
ASIANPAINT fundamental statistics
Market cap₹2.26t
Earnings (TTM)₹45.69b
Revenue (TTM)₹347.78b

49.2x

P/E Ratio

6.5x

P/S Ratio

Is ASIANPAINT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ASIANPAINT income statement (TTM)
Revenue₹347.78b
Cost of Revenue₹201.28b
Gross Profit₹146.50b
Other Expenses₹100.81b
Earnings₹45.69b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Jan 16, 2025

Earnings per share (EPS)47.63
Gross Margin42.12%
Net Profit Margin13.14%
Debt/Equity Ratio6.0%

How did ASIANPAINT perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

68%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 11:33
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Asian Paints Limited is covered by 71 analysts. 36 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Videesha ShethAmbit Capital
null nullAnand Rathi Shares and Stock Brokers Limited
Amarjeet MauryaAngel Broking Private Limited