Asian Paints Analyst Rating
based on 37 analysts
24.32%
Buy
29.73%
Hold
45.95%
Sell
Based on 37 analysts offering long term price targets for Asian Paints. An average target of ₹2640.7
Source: S&P Global Market Intelligence
Asian Paints Share analysis
Asian Paints price forecast by 37 analysts
Upside of15.79%
High
₹3650
Target
₹2640.70
Low
₹2080
Asian Paints target price ₹2640.7, a slight upside of 15.79% compared to current price of ₹2260.35. According to 37 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Asian Paints revenue growth forecast
Expected growth rate Q1, FY2027:20.54%
Forecast
Actual
Including amortisation and stock based compensations
Asian Paints EPS growth forecast
EPS estimate Q1, FY2027:3.55%
Forecast
Actual
Source: S&P Global Market Intelligence
Asian Paints Performance
Day's Low
Day's High
₹2,255Day's Price Range₹2,31552 Week's Low
52 Week's High
₹2,207.852-Week Price Range₹3,394.9
| Returns % | |
| 1 Month Return | + 0.06 % |
| 3 Month Return | -25.21 % |
| 1 Year Return | -25.34 % |
| Market Stats | |
| Previous Close | ₹2,280.55 |
| Open | ₹2,280.55 |
| Volume | 14.10L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹2,18,749.85Cr |
Asian Paints Key Statistics
| P/E Ratio | 47.85 |
| PEG Ratio | -9.31 |
| Market Cap | ₹2,18,749.85 Cr |
| P/B Ratio | 14.82 |
| EPS | 57.94 |
| Dividend Yield | 1.17 |
| Sector | Paints/Varnish |
| ROE | 31.29 |
Asian Paints Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹2,18,749.85 Cr | 5.19% | 0.54 | ₹5,557 Cr | ₹35,494 Cr | |
| HOLD | ₹1,41,797.81 Cr | 19.41% | 0.52 | ₹1,747 Cr | ₹12,382 Cr | |
| ₹54,619.19 Cr | 0.46% | 0.56 | ₹1,169 Cr | ₹11,198 Cr | ||
| HOLD | ₹19,761.59 Cr | -5.86% | 0.51 | ₹1,175 Cr | ₹7,801 Cr | |
| BUY | ₹5,963.63 Cr | -11.97% | 0.51 | ₹148 Cr | ₹1,306 Cr |
Asian Paints Mutual Fund Holdings
About Asian Paints
Asian Paints Ltd. provides a wide range of products and services in the painting industry. Its main lines of business include decorative paints, industrial coatings, automotive coatings, wood finishes, and waterproofing solutions. The company's top products include Royale Luxury Emulsion, Royale Play, and Apcolite Premium Emulsion. Asian Paints Ltd. also has a wide range of popular brands, such as Royale, Apex, Apcolite, and Weathercoat.
Share Price: ₹2260.35 per share as on 21 Jan, 2025 04:01 PM
Market Capitalisation: ₹2,18,749.85Cr as of today
Revenue: ₹8,003.02Cr as on September 2024 (Q3 24)
Net Profit: ₹693.66Cr as on September 2024 (Q3 24)
Listing date: 03 Nov, 1994
Chairperson Name: Deepak Satwalekar
| Organisation | Asian Paints |
| Headquarters | |
| Industry | Paints/Varnish |
| E-voting on shares | Click here to vote |
Key events for Asian Paints Ltd
ICICI Prudential Acquires Stake in Asian Paints - 20 Jan, 2025
ICICI Prudential Mutual Fund has established a new position in Asian Paints by acquiring a 1.1% stake, totaling 108 lakh equity shares.Asian Paints Launches Innovative Apex Ultima Protek - 17 Jan, 2025
Asian Paints has unveiled its new product, Apex Ultima Protek, enhanced with Graphene for superior durability and weather resistance. The campaign features a humorous ad showcasing the challenges of Kerala homeowners with moss and algae, emphasizing long-lasting protection and a 12-year warranty.Asian Paints Hits 52-Week Low Amid Market Pressures - 15 Jan, 2025
Asian Paints shares fell to a 52-week low due to increased competition and rising crude oil prices, leading to a 32% decline over the past year. The company anticipates challenges in profitability and margins, with a slight recovery expected in the coming quarters.Macquarie Flags Concerns for Asian Paints Stock - 13 Jan, 2025
Macquarie has expressed concerns regarding the paints sector, reducing the target price for Asian Paints and other leading companies, indicating potential weakness ahead.Asian Paints Maintains Strong Market Position - 11 Jan, 2025
Asian Paints Ltd., a leading paint manufacturer in India, has a current P/E ratio of 48, significantly lower than its 5-year average of 76.4, indicating potential valuation insights.Asian Paints Announces Q3 Results Schedule and Interim Dividend - 07 Jan, 2025
Asian Paints will announce its Q3 Results for 2025 on February 4, 2025. The company reported a 42.4% YoY decline in Q2 net profit and a 5.3% drop in net sales. An interim dividend of Rs 4.25 has been declared for FY25.Asian Paints Showcases Olympian's Home Journey - 02 Jan, 2025
In the latest episode of 'Where the Heart Is,' Olympian Manu Bhaker shares her life and home design, featuring Asian Paints' Gokul Pichwai wallpaper. The narrative blends her personal milestones with interior design, reflecting a balance between tradition and modernity, while positioning Asian Paints as a storyteller in her journey.Asian Paints Faces Continued Weakness and Losses - 01 Jan, 2025
Asian Paints has struggled with a 33% decline in 2024, facing headwinds from competition, weak demand, and bearish technical indicators. Analysts advise caution and potential exits on any price rebounds.Asian Paints Faces Market Challenges Amidst Growth Strategy - 31 Dec, 2024
Asian Paints has experienced a slight market share fluctuation and muted revenue growth due to rising costs and competition. CEO Amit Syngle sees potential for strategic acquisitions to enhance growth.Asian Paints Faces Decline Amid Market Challenges - 28 Dec, 2024
Asian Paints' stock rose 0.5% to Rs. 2,273.75 but has seen a 33.05% decline YTD. Q2 FY25 revenue fell 5.3% to Rs. 8,028 crores, with net profit down 43.6% to Rs. 694 crores.Asian Paints Faces Profit Decline and Stock Pressure - 27 Dec, 2024
Asian Paints' stock has declined significantly due to a 42.4% YoY drop in Q2 net profit and ongoing concerns about profitability amid weak demand and rupee depreciation.Asian Paints Unveils New Sonic Identity - 24 Dec, 2024
Asian Paints has introduced a new sonic identity through a collaboration with The Quick Style dance group, showcasing a blend of music, dance, and art. This initiative aims to strengthen the brand's evolving identity, following previous branding updates.Asian Paints Faces Tough Market Conditions Ahead - 23 Dec, 2024
Asian Paints is struggling at a 4-year low due to industry-wide slowdown, increased competition, and declining volumes. Analysts predict potential recovery in 2025 as market dynamics stabilize.
Insights on Asian Paints Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRetail Holding Up
Retail Investor have increased holdings from 18.88% to 19.66% in Dec 2024 quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 4.86% to 5.37% in Dec 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 52.63% of holdings in Dec 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, Solar Industries India Ltd has given 24.8% return, outperforming this stock by 56.0%
- NO EFFECT
Against Peers
In the last 3 years, Solar Industries India Ltd has given 297.3% return, outperforming this stock by 330.3%
NEGATIVE IMPACTPrice Dip
In the last 3 months, ASIANPAINT stock has moved down by -25.9%
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 4 quarters, 1.44K Cr → 694.64 Cr (in ₹), with an average decrease of 20.2% per quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 9.16K Cr → 8.23K Cr (in ₹), with an average decrease of 10.2% per quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 15.28% to 13.61% in Dec 2024 quarter
News
5 Worst Performing Stocks in the Nifty 100 in 2024
In 2024, shares of Asian Paints fell 33%. The companys stock faced selling pressure due to sluggish demand in both urban and rural markets, leading to lower sales volumes. This downturn was attributed to a slowdown in the real estate sector and reduced consumer spending on discretionary items. Additionally, there was a significant increase in the prices of raw materials, particularly crude oil derivatives, which are essential in paint production. The elevated input costs compressed profit margins, adversely affecting the companys profitability. Nevertheless, if we take a longer period, the companys revenue has grown at a CAGR of 18% in the last three years while its net profit has grown at a CAGR of 20%. This has resulted in healthy return ratios. The companys three-year average RoE and RoCE were 27.8% and 33.6%, respectively. Its debt-to-equity ratio was as low as 0.1 on 31 March 2024. Since new products contribute to 12% of revenue; a strong focus on innovation remains a key strategy for the company. As of Q2 FY25, Asian Paints major capex for brownfield expansion stands completed and backward integration projects are on track. The company expects improved margins in the second half of the financial year as the full realization of recent price increases is anticipated. For the third quarter of the financial year, Asian Paints had a cautious outlook due to a high base from last year and current demand conditions.20 Jan, 2025 03:30 PMAll Sectoral Indices Losing Momentum Amid Market Corrections
Major stocks like ITC, Hindustan Unilever, Bajaj Twins, L&T, Kotak Bank, and Asian Paints have been underperformers for the last two years and did not participate in the Niftys rally.20 Jan, 2025 10:50 AMICICI Group's Fresh Stake Acquisitions in Q3FY25
ICICI Prudential Mutual Fund has made a fresh position in Asian Paints Limited in Q3FY25 by purchasing a 1.1 percent stake or 108 lakh equity shares.20 Jan, 2025 09:35 AMAsian Paints Financials
Index Inclusions
Asian Paints Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 52.63% | 0.00 | |
| Foreign Institutions | 13.61% | ||
| Mutual Funds | 5.37% | 10.50 | |
| Retail Investors | 19.66% | 4.12 | |
| Others | 8.74% | 4.60 |
Asian Paints Key Indicators
Asian Paints Valuation
Asian Paints in the last 5 years
Lowest (46.49x)
January 16, 2025
Industry (42.09x)
January 20, 2025
Today (47.85x)
January 20, 2025
Highest (115.23x)
December 30, 2020
Asian Paints Earnings and Dividends
Asian Paints Ltd Earnings Results
Asian Paints Ltd’s net profit fell -42.37% since last year same period to ₹694.64Cr in the Q2 2024-2025. On a quarterly growth basis, Asian Paints Ltd has generated -40.63% fall in its net profits since last 3-months.
Read More about Earnings ResultsAsian Paints Ltd Dividends November,2024
In the quarter ending September 2024, Asian Paints Ltd has declared dividend of ₹4.25 - translating a dividend yield of 1.42%.
Read More about Dividends
Asian Paints Technicals Summary
Bearish
Neutral
Bullish
Asian Paints Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Asian Paints Ltd
Asian Paints Ltd share price today stands at ₹2260.35, Open. ₹2280.55 ; Previous Close. ₹2280.55 ; High. ₹2315 ; Low. ₹2255 ; 52 Week High. ₹3394.9 ; 52 Week Low: ₹2207.8.
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Asian Paints Ltd is listed on NSE
Asian Paints Ltd is listed on BSE
- Today’s highest price of Asian Paints Ltd is ₹2315.
- Today’s lowest price of Asian Paints Ltd is ₹2255.
PE Ratio of Asian Paints Ltd is 47.85
PE ratio = Asian Paints Ltd Market price per share / Asian Paints Ltd Earnings per share
Today’s traded volume of Asian Paints Ltd(ASIANPAINT) is 14.10L.
Today’s market capitalisation of Asian Paints Ltd(ASIANPAINT) is ₹218749.85Cr.
| Asian Paints Ltd(ASIANPAINT | Price |
|---|---|
52 Week High | ₹3394.9 |
52 Week Low | ₹2207.8 |
Asian Paints Ltd(ASIANPAINT) share price is ₹2260.35. It is down -33.42% from its 52 Week High price of ₹3394.9
Asian Paints Ltd(ASIANPAINT) share price is ₹2260.35. It is up 2.38% from its 52 Week Low price of ₹2207.8
| Asian Paints Ltd(ASIANPAINT | Returns |
|---|---|
1 Day Returns | -20.2% |
1 Month Returns | 0.06% |
3 Month Returns | -25.21% |
1 Year Returns | -25.34% |