Asian Paints Future Growth

Future criteria checks 1/6

Asian Paints is forecast to grow earnings and revenue by 5.2% and 8.2% per annum respectively. EPS is expected to grow by 5.6% per annum. Return on equity is forecast to be 26.7% in 3 years.

Key information

5.2%

Earnings growth rate

5.6%

EPS growth rate

Chemicals earnings growth	19.0%
Revenue growth rate	8.2%
Future return on equity	26.7%
Analyst coverage	Good
Last updated	20 Jun 2024

Recent future growth updates

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

May 12

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

Jan 20

Recent updates

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

Jun 19

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

Jun 05

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

May 22

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

May 12

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

Apr 28

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

Apr 09

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

Feb 19

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

Jan 20

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

Jan 16

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

Jan 01

Here's Why We Think Asian Paints (NSE:ASIANPAINT) Might Deserve Your Attention Today

Dec 17

We Ran A Stock Scan For Earnings Growth And Asian Paints (NSE:ASIANPAINT) Passed With Ease

Jul 21

Asian Paints (NSE:ASIANPAINT) Is Reinvesting To Multiply In Value

Jun 20

Asian Paints' (NSE:ASIANPAINT) Dividend Will Be Increased To ₹21.25

Jun 04

Is Asian Paints (NSE:ASIANPAINT) A Risky Investment?

May 29

Asian Paints' (NSE:ASIANPAINT) Upcoming Dividend Will Be Larger Than Last Year's

May 14

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

Mar 20

Here's Why We Think Asian Paints (NSE:ASIANPAINT) Is Well Worth Watching

Mar 04

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

Feb 17

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

Dec 17

Here's Why We Think Asian Paints (NSE:ASIANPAINT) Is Well Worth Watching

Dec 01

These 4 Measures Indicate That Asian Paints (NSE:ASIANPAINT) Is Using Debt Reasonably Well

Nov 11

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

Sep 10

Here's Why Asian Paints (NSE:ASIANPAINT) Can Manage Its Debt Responsibly

Jul 29

Asian Paints (NSE:ASIANPAINT) Is Paying Out A Larger Dividend Than Last Year

Jun 05

Asian Paints (NSE:ASIANPAINT) Is Reinvesting To Multiply In Value

May 31

Asian Paints (NSE:ASIANPAINT) Is Paying Out A Larger Dividend Than Last Year

May 13

Is Now The Time To Put Asian Paints (NSE:ASIANPAINT) On Your Watchlist?

Apr 29

Does Asian Paints (NSE:ASIANPAINT) Have A Healthy Balance Sheet?

Mar 24

Here's Why We Think Asian Paints (NSE:ASIANPAINT) Is Well Worth Watching

Jan 22

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

Dec 22

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

Dec 07

Does Asian Paints (NSE:ASIANPAINT) Have A Healthy Balance Sheet?

Sep 20

Is Now The Time To Put Asian Paints (NSE:ASIANPAINT) On Your Watchlist?

Sep 05

A Look Into Asian Paints' (NSE:ASIANPAINT) Impressive Returns On Capital

Aug 21

Is Asian Paints (NSE:ASIANPAINT) A Risky Investment?

Jun 20

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

May 28

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

May 13

Earnings and Revenue Growth Forecasts

NSEI:ASIANPAINT - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	459,039	64,176	57,786	64,554	15
3/31/2026	419,999	58,048	41,757	62,458	36
3/31/2025	380,574	53,381	43,164	61,224	36
3/31/2024	354,375	54,602	39,046	61,036	N/A
12/31/2023	354,908	54,377	N/A	N/A	N/A
9/30/2023	350,245	50,626	42,414	62,079	N/A
6/30/2023	350,035	46,399	N/A	N/A	N/A
3/31/2023	344,301	41,065	29,201	41,934	N/A
12/31/2022	334,357	37,227	N/A	N/A	N/A
9/30/2022	333,262	36,658	21,923	29,019	N/A
6/30/2022	319,646	34,790	N/A	N/A	N/A
3/31/2022	289,819	30,306	4,483	9,865	N/A
12/31/2021	276,508	30,323	N/A	N/A	N/A
9/30/2021	259,120	32,549	15,102	19,087	N/A
6/30/2021	241,663	34,893	N/A	N/A	N/A
3/31/2021	215,036	31,393	34,015	36,834	N/A
12/31/2020	195,542	27,491	N/A	N/A	N/A
9/30/2020	181,860	22,751	22,436	25,850	N/A
6/30/2020	178,865	22,711	N/A	N/A	N/A
3/31/2020	200,685	27,101	26,346	30,382	N/A
12/31/2019	205,128	27,207	N/A	N/A	N/A
9/30/2019	203,556	25,929	19,199	24,776	N/A
6/30/2019	199,261	22,581	N/A	N/A	N/A
3/31/2019	190,845	21,617	13,188	24,695	N/A
12/31/2018	186,298	21,674	N/A	N/A	N/A
9/30/2018	176,012	20,864	N/A	N/A	N/A
6/30/2018	172,225	21,021	N/A	N/A	N/A
3/31/2018	166,475	19,689	6,875	21,134	N/A
12/31/2017	163,275	19,725	N/A	N/A	N/A
9/30/2017	159,241	18,692	N/A	N/A	N/A
6/30/2017	153,684	18,312	N/A	N/A	N/A
3/31/2017	149,119	19,136	N/A	15,273	N/A
12/31/2016	161,239	18,770	N/A	N/A	N/A
9/30/2016	160,195	18,798	N/A	N/A	N/A
6/30/2016	156,933	18,076	N/A	N/A	N/A
3/31/2016	141,245	17,452	N/A	22,430	N/A
12/31/2015	149,647	16,584	N/A	N/A	N/A
9/30/2015	144,646	15,633	N/A	N/A	N/A
6/30/2015	143,207	15,116	N/A	N/A	N/A
3/31/2015	140,682	13,952	N/A	11,877	N/A
12/31/2014	138,433	13,416	N/A	N/A	N/A
9/30/2014	136,531	13,028	N/A	N/A	N/A
6/30/2014	131,504	12,823	N/A	N/A	N/A
3/31/2014	126,435	12,188	N/A	14,020	N/A
12/31/2013	120,975	11,825	N/A	N/A	N/A
9/30/2013	117,187	11,884	N/A	N/A	N/A
6/30/2013	112,363	11,007	N/A	N/A	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ASIANPAINT's forecast earnings growth (5.2% per year) is below the savings rate (6.7%).

Earnings vs Market: ASIANPAINT's earnings (5.2% per year) are forecast to grow slower than the Indian market (15.9% per year).

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

Revenue vs Market: ASIANPAINT's revenue (8.2% per year) is forecast to grow slower than the Indian market (9.6% per year).

High Growth Revenue: ASIANPAINT's revenue (8.2% 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 (26.7%)

Asian Paints Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Price target decreased by 7.2% to ₹2,991

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

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

Price target increased to ₹2,975

Recent updates

Asian Paints Limited to Report Q2, 2025 Results on Oct 23, 2024

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

Asian Paints Limited to Report Q1, 2025 Results on Jul 17, 2024

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

Upcoming dividend of ₹28.15 per share

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

Price target decreased by 7.2% to ₹2,991

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

Asian Paints Limited, Annual General Meeting, Jun 25, 2024

Full year 2024 earnings: EPS and revenues miss analyst expectations

Asian Paints Limited Recommends Final Dividend for the Financial Year Ended 31 March 2024, Payable on or After June 27, 2024

Asian Paints Limited Appoints Gopichand Katragadda as an Independent Director

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

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

Asian Paints Limited Announces Pallavi Shroff Declines Re-Election as an Independent Director, Effective from March 31, 2024

Asian Paints Limited to Report Q4, 2024 Results on May 09, 2024

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

Asian Paints Limited (NSEI:ASIANPAINT) completed the acquisition of 51% stake in Harind Chemicals and Pharmaceuticals Private Limited from Aapex Power and Industries Private Limited, Swapan Ghosh and others for approximately INR 140 million.

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

Asian Paints Limited Announces Completion of Tenure of Appointment of Suresh Narayanan as an Independent Director

Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

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

Asian Paints Limited Appoints Soumitra Bhattacharya as an Additional and Independent Director

Here's Why We Think Asian Paints (NSE:ASIANPAINT) Might Deserve Your Attention Today

Asian Paints (NSE:ASIANPAINT) Is Increasing Its Dividend To ₹5.15

Asian Paints Limited Approves Payment of Interim Dividend for the Financial Year Ending 31 St March 2024, Payable on or After 13 November 2023

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

A Look Into Asian Paints' (NSE:ASIANPAINT) Impressive Returns On Capital

Asian Paints Limited Appoints Ireena Vittal as an Additional and Independent Director

Asian Paints Limited Appoints Ireena Vittal as an Additional and Independent Director

Is Asian Paints (NSE:ASIANPAINT) A Risky Investment?

Asian Paints Limited Approves Final Dividend for the Financial Year Ended 31St March, 2023

Asian Paints Limited Appoints Ireena Vittal as Independent Non-Executive Director

First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

We Ran A Stock Scan For Earnings Growth And Asian Paints (NSE:ASIANPAINT) Passed With Ease

Asian Paints Limited (NSEI:ASIANPAINT) acquired additional 11% stake in Obgenix Software Pvt. Ltd. from Pawan Mehta, Gagan Mehta for INR 540 million.

Asian Paints (NSE:ASIANPAINT) Is Reinvesting To Multiply In Value

Asian Paints' (NSE:ASIANPAINT) Dividend Will Be Increased To ₹21.25

Asian Paints Limited to Report Q2, 2024 Results on Oct 26, 2023

Upcoming dividend of ₹21.25 per share at 0.8% yield

Is Asian Paints (NSE:ASIANPAINT) A Risky Investment?

Asian Paints' (NSE:ASIANPAINT) Upcoming Dividend Will Be Larger Than Last Year's

Full year 2023 earnings: EPS exceeds analyst expectations

Asian Paints Limited Recommends Final Dividend for the Financial Year Ended March 31, 2023, Payable on or after June 30, 2023

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

Here's Why We Think Asian Paints (NSE:ASIANPAINT) Is Well Worth Watching

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

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

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

Here's Why We Think Asian Paints (NSE:ASIANPAINT) Is Well Worth Watching

These 4 Measures Indicate That Asian Paints (NSE:ASIANPAINT) Is Using Debt Reasonably Well

Upcoming dividend of ₹4.40 per share

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Asian Paints Limited (NSEI:ASIANPAINT) entered into definitive agreements to acquire 51% stake in Harind Chemicals and Pharmaceuticals Private Limited from Aapex Power and Industries Private Limited, Swapan Ghosh and others for INR 127.5 million.

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

Here's Why Asian Paints (NSE:ASIANPAINT) Can Manage Its Debt Responsibly

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Asian Paints Limited to Report Q3, 2023 Results on Jan 19, 2023

Asian Paints (NSE:ASIANPAINT) Is Paying Out A Larger Dividend Than Last Year

Upcoming dividend of ₹15.50 per share

Asian Paints (NSE:ASIANPAINT) Is Reinvesting To Multiply In Value

Asian Paints (NSE:ASIANPAINT) Is Paying Out A Larger Dividend Than Last Year

Asian Paints Limited, Annual General Meeting, Jun 29, 2022

Full year 2022 earnings: EPS misses analyst expectations

Is Now The Time To Put Asian Paints (NSE:ASIANPAINT) On Your Watchlist?

Asian Paints Limited Announces Appointment of Directors

Asian Paints Limited (NSEI:ASIANPAINT) agreed to acquire WEATHERSEAL FENESTRATION PRIVATE LIMITED Harish Munireddy, and Pratibha SB for INR 1900 million.

Does Asian Paints (NSE:ASIANPAINT) Have A Healthy Balance Sheet?

Here's Why We Think Asian Paints (NSE:ASIANPAINT) Is Well Worth Watching

Third quarter 2022 earnings: Revenues exceed analyst expectations