Asian Paints Limited

NSEI:ASIANPAINT Stock Report

Market Cap: ₹2.2t

Asian Paints Future Growth

Future criteria checks 2/6

Asian Paints is forecast to grow earnings and revenue by 12.5% and 7.1% per annum respectively. EPS is expected to grow by 12% per annum. Return on equity is forecast to be 22.2% in 3 years.

Key information

12.5%

Earnings growth rate

11.99%

EPS growth rate

Chemicals earnings growth19.6%
Revenue growth rate7.1%
Future return on equity22.15%
Analyst coverage

Good

Last updated05 Jun 2025

Recent future growth updates

Asian Paints Limited Just Missed EPS By 14%: Here's What Analysts Think Will Happen Next

May 12
Asian Paints Limited Just Missed EPS By 14%: Here's What Analysts Think Will Happen Next

Asian Paints Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Feb 06
Asian Paints Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

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

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

Recent updates

Asian Paints' (NSE:ASIANPAINT) Dividend Will Be ₹20.55

May 25
Asian Paints' (NSE:ASIANPAINT) Dividend Will Be ₹20.55

Asian Paints Limited Just Missed EPS By 14%: Here's What Analysts Think Will Happen Next

May 12
Asian Paints Limited Just Missed EPS By 14%: Here's What Analysts Think Will Happen Next

Asian Paints' (NSE:ASIANPAINT) Dividend Will Be ₹20.55

May 11
Asian Paints' (NSE:ASIANPAINT) Dividend Will Be ₹20.55

Asian Paints Limited's (NSE:ASIANPAINT) Share Price Not Quite Adding Up

Apr 26
Asian Paints Limited's (NSE:ASIANPAINT) Share Price Not Quite Adding Up

Asian Paints (NSE:ASIANPAINT) Knows How To Allocate Capital

Mar 14
Asian Paints (NSE:ASIANPAINT) Knows How To Allocate Capital

Asian Paints Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Feb 06
Asian Paints Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Is Asian Paints (NSE:ASIANPAINT) Using Too Much Debt?

Jan 07
Is Asian Paints (NSE:ASIANPAINT) Using Too Much Debt?

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
author-image

Inspiring Product Innovation And Global Expansion Fuel Growth Amidst Market Challenges

Expansion in retail and services, along with product innovation, aims to increase revenue and improve customer engagement.

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

Earnings and Revenue Growth Forecasts

NSEI:ASIANPAINT - Analysts future estimates and past financials data (INR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/2028421,12752,95645,19355,02012
3/31/2027389,33448,92139,11253,99535
3/31/2026357,50543,78641,65855,02333
3/31/2025338,59436,67226,18644,240N/A
12/31/2024342,24642,318N/AN/AN/A
9/30/2024347,78145,69126,42846,734N/A
6/30/2024352,24950,798N/AN/AN/A
3/31/2024354,37554,60239,04661,036N/A
12/31/2023354,90854,377N/AN/AN/A
9/30/2023350,24550,62642,41462,079N/A
6/30/2023350,03546,399N/AN/AN/A
3/31/2023344,30141,06529,20141,934N/A
12/31/2022334,35737,227N/AN/AN/A
9/30/2022333,26236,65821,92329,019N/A
6/30/2022319,64634,790N/AN/AN/A
3/31/2022289,81930,3064,4839,865N/A
12/31/2021276,50830,323N/AN/AN/A
9/30/2021259,12032,54915,10219,087N/A
6/30/2021241,66334,893N/AN/AN/A
3/31/2021215,03631,39334,01536,834N/A
12/31/2020195,54227,491N/AN/AN/A
9/30/2020181,86022,75122,43625,850N/A
6/30/2020178,86522,711N/AN/AN/A
3/31/2020200,68527,10126,34630,382N/A
12/31/2019205,12827,207N/AN/AN/A
9/30/2019203,55625,92919,19924,776N/A
6/30/2019199,26122,581N/AN/AN/A
3/31/2019190,84521,61713,18824,695N/A
12/31/2018186,29821,674N/AN/AN/A
9/30/2018176,01220,864N/AN/AN/A
6/30/2018172,22521,021N/AN/AN/A
3/31/2018166,47519,689N/A21,134N/A
12/31/2017163,27519,725N/AN/AN/A
9/30/2017159,24118,692N/AN/AN/A
6/30/2017153,68418,312N/AN/AN/A
3/31/2017149,11919,136N/A15,273N/A
12/31/2016161,23918,770N/AN/AN/A
9/30/2016160,19518,798N/AN/AN/A
6/30/2016156,93318,076N/AN/AN/A
3/31/2016141,24517,452N/A22,430N/A
12/31/2015149,64716,584N/AN/AN/A
9/30/2015144,64615,633N/AN/AN/A
6/30/2015143,20715,116N/AN/AN/A
3/31/2015140,68213,952N/A11,877N/A
12/31/2014138,43313,416N/AN/AN/A
9/30/2014136,53113,028N/AN/AN/A
6/30/2014131,50412,823N/AN/AN/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ASIANPAINT's forecast earnings growth (12.5% per year) is above the savings rate (6.7%).

Earnings vs Market: ASIANPAINT's earnings (12.5% per year) are forecast to grow slower than the Indian market (14.9% per year).

High Growth Earnings: ASIANPAINT's earnings are forecast to grow, but not significantly.

Revenue vs Market: ASIANPAINT's revenue (7.1% per year) is forecast to grow slower than the Indian market (9.3% per year).

High Growth Revenue: ASIANPAINT's revenue (7.1% 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 (22.2%)

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/05 11:43
End of Day Share Price 2025/06/05 00:00
Earnings2025/03/31
Annual Earnings2025/03/31

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.

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 Github.

Analyst Sources

Asian Paints Limited is covered by 68 analysts. 35 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
Nitin BhasinAmbit Capital
null nullAnand Rathi Shares and Stock Brokers Limited