Asian Paints Limited

NSEI:ASIANPAINT Stock Report

Market Cap: ₹2.4t

Asian Paints Past Earnings Performance

Past criteria checks 2/6

Asian Paints has been growing earnings at an average annual rate of 11.8%, while the Chemicals industry saw earnings growing at 9.3% annually. Revenues have been growing at an average rate of 11.8% per year. Asian Paints's return on equity is 18.1%, and it has net margins of 10.6%.

Key information

11.83%

Earnings growth rate

11.84%

EPS growth rate

Chemicals Industry Growth17.68%
Revenue growth rate11.80%
Return on equity18.15%
Net Margin10.63%
Last Earnings Update30 Jun 2025

Recent past performance updates

Recent updates

Asian Paints Limited (NSE:ASIANPAINT) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Aug 01
Asian Paints Limited (NSE:ASIANPAINT) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

The Returns On Capital At Asian Paints (NSE:ASIANPAINT) Don't Inspire Confidence

Jul 26
The Returns On Capital At Asian Paints (NSE:ASIANPAINT) Don't Inspire Confidence

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

Jul 08
Does Asian Paints (NSE:ASIANPAINT) Have A Healthy Balance Sheet?

Shareholders Will Probably Hold Off On Increasing Asian Paints Limited's (NSE:ASIANPAINT) CEO Compensation For The Time Being

Jun 20
Shareholders Will Probably Hold Off On Increasing Asian Paints Limited's (NSE:ASIANPAINT) CEO Compensation For The Time Being

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
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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

Revenue & Expenses Breakdown

How Asian Paints makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:ASIANPAINT Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 25338,40735,97041,2540
31 Mar 25338,59436,67240,9670
31 Dec 24342,24642,31840,9810
30 Sep 24347,78145,69140,5330
30 Jun 24352,27050,79839,7290
31 Mar 24354,37554,60238,4440
31 Dec 23354,90854,37735,7840
30 Sep 23350,24550,62635,1200
30 Jun 23350,03546,39934,2850
31 Mar 23344,30141,06533,7240
31 Dec 22334,35737,22731,0540
30 Sep 22333,26236,65830,5730
30 Jun 22319,64634,79029,8620
31 Mar 22289,81930,30629,2870
31 Dec 21276,50830,32326,8790
30 Sep 21259,12032,54926,2040
30 Jun 21241,66334,89325,5780
31 Mar 21215,03631,39324,8720
31 Dec 20195,54227,49123,8800
30 Sep 20181,86022,75123,4280
30 Jun 20178,86522,71123,1150
31 Mar 20200,68527,10124,4710
31 Dec 19205,12827,20724,5180
30 Sep 19203,55625,92924,2290
30 Jun 19199,26122,58123,7390
31 Mar 19190,84521,61720,3470
31 Dec 18186,29821,67421,2220
30 Sep 18176,01220,86420,7070
30 Jun 18172,22521,02120,4560
31 Mar 18166,47519,68920,2540
31 Dec 17163,27519,72519,9300
30 Sep 17159,24118,69219,7230
30 Jun 17153,68418,31219,5640
31 Mar 17149,11919,13618,7050
31 Dec 16161,23918,77022,1230
30 Sep 16160,19518,79821,8980
30 Jun 16156,93318,07621,5210
31 Mar 16141,24517,45217,3230
31 Dec 15149,64716,58434,4620
30 Sep 15144,64615,63334,3120
30 Jun 15143,20715,11634,1810
31 Mar 15140,68213,95218,1870
31 Dec 14138,43313,41629,8060
30 Sep 14136,53113,02829,4560

Quality Earnings: ASIANPAINT has high quality earnings.

Growing Profit Margin: ASIANPAINT's current net profit margins (10.6%) are lower than last year (14.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: ASIANPAINT's earnings have grown by 11.8% 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 (-29.2%) over the past year, making it difficult to compare to the Chemicals industry average (16.5%).


Return on Equity

High ROE: ASIANPAINT's Return on Equity (18.1%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/09 03:16
End of Day Share Price 2025/08/08 00:00
Earnings2025/06/30
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 74 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
Ronak SoniAmbit Capital
Nitin BhasinAmbit Capital
Ashwin MehtaAmbit Capital