ASIANPAINT Stock Overview
Asian Paints Limited, together with its subsidiaries, manufactures, sells, and distributes paints and coatings for decorative and industrial use in India and internationally.
Asian Paints Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹2,834.85|
|52 Week High||₹3,590.00|
|52 Week Low||₹2,599.35|
|1 Month Change||-9.96%|
|3 Month Change||-9.12%|
|1 Year Change||-3.60%|
|3 Year Change||101.44%|
|5 Year Change||143.48%|
|Change since IPO||6,557.18%|
Recent News & Updates
Asian Paints (NSE:ASIANPAINT) Is Paying Out A Larger Dividend Than Last Year
Asian Paints Limited ( NSE:ASIANPAINT ) has announced that it will be increasing its dividend on the 29th of July to...
Is Now The Time To Put Asian Paints (NSE:ASIANPAINT) On Your Watchlist?
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
|ASIANPAINT||IN Chemicals||IN Market|
Return vs Industry: ASIANPAINT underperformed the Indian Chemicals industry which returned 4.1% over the past year.
Return vs Market: ASIANPAINT underperformed the Indian Market which returned 5.6% over the past year.
|ASIANPAINT Average Weekly Movement||5.0%|
|Chemicals Industry Average Movement||6.7%|
|Market Average Movement||6.9%|
|10% most volatile stocks in IN Market||9.7%|
|10% least volatile stocks in IN Market||4.5%|
Stable Share Price: ASIANPAINT is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: ASIANPAINT's weekly volatility (5%) has been stable over the past year.
About the Company
Asian Paints Limited, together with its subsidiaries, manufactures, sells, and distributes paints and coatings for decorative and industrial use in India and internationally. It operates in Paints and Home Improvement segments. The company offers decorative coatings for interior and exterior walls, metal finishes, and wood finishes; mechanized tools and waterproofing products; adhesives; bath fittings and accessories; modular kitchens and wardrobes; wall coverings and stickers; furniture; furnishings and lightings; kitchen hardware, accessories, and appliances; home décor products; and sanitizers and surface disinfectants, as well as services, including color consultancy, home painting, décor, project, interior design, and sanitization services.
Asian Paints Fundamentals Summary
|ASIANPAINT fundamental statistics|
Is ASIANPAINT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ASIANPAINT income statement (TTM)|
|Cost of Revenue||₹183.01b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||31.59|
|Net Profit Margin||10.48%|
How did ASIANPAINT perform over the long term?See historical performance and comparison
0.7%Current Dividend Yield
Does ASIANPAINT pay a reliable dividends?See ASIANPAINT dividend history and benchmarks
|Asian Paints dividend dates|
|Ex Dividend Date||Jun 09 2022|
|Dividend Pay Date||Jul 29 2022|
|Days until Ex dividend||12 days|
|Days until Dividend pay date||62 days|
Does ASIANPAINT pay a reliable dividends?See ASIANPAINT dividend history and benchmarks
Is Asian Paints undervalued compared to its fair value and its price relative to the market?
Valuation Score 0/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ASIANPAINT (₹2834.85) is trading above our estimate of fair value (₹705.79)
Significantly Below Fair Value: ASIANPAINT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ASIANPAINT is poor value based on its Price-To-Earnings Ratio (89.7x) compared to the Indian Chemicals industry average (17.7x).
PE vs Market: ASIANPAINT is poor value based on its Price-To-Earnings Ratio (89.7x) compared to the Indian market (19.4x).
Price to Earnings Growth Ratio
PEG Ratio: ASIANPAINT is poor value based on its PEG Ratio (4.3x)
Price to Book Ratio
PB vs Industry: ASIANPAINT is overvalued based on its Price-To-Book Ratio (19.7x) compared to the IN Chemicals industry average (2.3x).
How is Asian Paints forecast to perform in the next 1 to 3 years based on estimates from 31 analysts?
Future Growth Score5/6
Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ASIANPAINT's forecast earnings growth (21% per year) is above the savings rate (6.7%).
Earnings vs Market: ASIANPAINT's earnings (21% per year) are forecast to grow faster than the Indian market (17.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ASIANPAINT's revenue (12% per year) is forecast to grow faster than the Indian market (12% per year).
High Growth Revenue: ASIANPAINT's revenue (12% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ASIANPAINT's Return on Equity is forecast to be high in 3 years time (29.5%)
How has Asian Paints performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ASIANPAINT has a high level of non-cash earnings.
Growing Profit Margin: ASIANPAINT's current net profit margins (10.5%) are lower than last year (14.6%).
Past Earnings Growth Analysis
Earnings Trend: ASIANPAINT's earnings have grown by 12% per year over the past 5 years.
Accelerating Growth: ASIANPAINT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ASIANPAINT had negative earnings growth (-3.5%) over the past year, making it difficult to compare to the Chemicals industry average (33.6%).
Return on Equity
High ROE: ASIANPAINT's Return on Equity (21.7%) is considered high.
How is Asian Paints's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: ASIANPAINT's short term assets (₹151.5B) exceed its short term liabilities (₹75.7B).
Long Term Liabilities: ASIANPAINT's short term assets (₹151.5B) exceed its long term liabilities (₹12.1B).
Debt to Equity History and Analysis
Debt Level: ASIANPAINT has more cash than its total debt.
Reducing Debt: ASIANPAINT's debt to equity ratio has reduced from 7% to 5.5% over the past 5 years.
Debt Coverage: ASIANPAINT's debt is well covered by operating cash flow (127.2%).
Interest Coverage: ASIANPAINT's interest payments on its debt are well covered by EBIT (41.8x coverage).
What is Asian Paints's current dividend yield, its reliability and sustainability?
Dividend Score 5/6
Future Dividend Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: ASIANPAINT's dividend (0.67%) is higher than the bottom 25% of dividend payers in the Indian market (0.39%).
High Dividend: ASIANPAINT's dividend (0.67%) is low compared to the top 25% of dividend payers in the Indian market (1.72%).
Stability and Growth of Payments
Stable Dividend: ASIANPAINT's dividends per share have been stable in the past 10 years.
Growing Dividend: ASIANPAINT's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.6%), ASIANPAINT's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (409.8%), ASIANPAINT's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Amit Syngle (55 yo)
Mr. Amit Syngle has been the Managing Director, Chief Executive Officer and Director of Asian Paints Limited since April 1, 2020. Mr. Syngle has been working with Asian Paints for the last 30 years in vari...
CEO Compensation Analysis
Compensation vs Market: Amit's total compensation ($USD1.34M) is about average for companies of similar size in the Indian market ($USD1.26M).
Compensation vs Earnings: Amit's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Board: ASIANPAINT's board of directors are considered experienced (4.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Asian Paints Limited's employee growth, exchange listings and data sources
- Name: Asian Paints Limited
- Ticker: ASIANPAINT
- Exchange: NSEI
- Founded: 1942
- Industry: Specialty Chemicals
- Sector: Materials
- Implied Market Cap: ₹2.719t
- Shares outstanding: 959.20m
- Website: https://www.asianpaints.com
Number of Employees
- Asian Paints Limited
- Asian Paints House
- 6A, Shantinagar
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/27 00:00|
|End of Day Share Price||2022/05/27 00:00|
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.