Price To Earnings Ratio 42.60 | Sector PE 60.88 |
PB Ratio 12.45 | Sector PB 7.81 |
EPS 56.92 | Dividend Yield 1.17 |
Today's Volume 1.053 M | 5 Day Avg. Volume 1.197 M |
PEG Ratio 1.29 | Market Cap. ₹ 2,40,000.00 Cr. |
Time | ASIANPAINT | VS | Industry |
---|---|---|---|
1 Day | -0.11% | -0.85% | |
1 Week | -0.98% | -0.94% | |
1 Month | -16.15% | -11.07% | |
6 Months | -9.56% | 6.42% | |
1 Year | -20.41% | -12.77% |
Period (Days) | SMA | Indication |
---|---|---|
10 | 2470.25 | Bearish |
20 | 2551.92 | Bearish |
30 | 2691.57 | Bearish |
50 | 2870.9 | Bearish |
100 | 2993.5 | Bearish |
200 | 2938.07 | Bearish |
Annual | FY 2024 | FY 2023 | FY 2022 | ||||
---|---|---|---|---|---|---|---|
Operating Activities | 6103.60 | 4193.43 | 986.49 | ||||
Investing Activities | -2517.63 | -1274.64 | -321.69 | ||||
Financing Activities | -2982.50 | -2140.05 | -1807.61 | ||||
Net Cash Flow | 603.47 | 778.74 | -1142.81 |
All Figures in ₹ Cr., unless mentioned otherwise
Name | 1D (%) | 1W (%) | 1M (%) | 6M (%) | 1Y (%) |
---|---|---|---|---|---|
Asian Paints | -0.11 | -0.98 | -16.15 | -9.56 | -20.41 |
Alkyl Amines Chemicals | 0.24 | 5.38 | -2.66 | 22.49 | 2.08 |
Balaji Amines | 0.34 | 3.39 | -3.85 | 0.01 | 6.04 |
Dhanuka Agritech | 3.64 | 3.43 | 1.61 | 8.17 | 61.42 |
Gujarat Alkalies & Chemicals | -0.52 | 1.91 | -6.26 | -4.53 | 5.67 |
This article attempts to study Asian Paints Limited, its business model, and industry fundamentals in order to evaluate if it can be a great investment for you.
Asian Paints Ltd is an Indian paint multinational corporation located in Mumbai. It was founded in 1942 by four friends and has now developed into the leading paints company in India.
Asian Paints manufactures various types of decorative and industrial paint as well as wall coverings, waterproofing, adhesives, and services among others. The corporation also offers bathroom & kitchen products in the Home Improvement and Decor business category.
In addition to its core business, Asian Paints has expanded into related sectors. It introduced lighting, furnishings, and furniture to its portfolio. Recently, the company acquired a 51% stake in Weatherseal Fenestration, which is engaged in the business of interior decoration/furnishing, including manufacturing uPVC windows and door systems.
Asian Paints also acquired a 49% stake in Obgenix Software, commonly known as White Teak, which is engaged in the business of decorative lighting products and fans. Asian Paints is ranked among the top ten Decorative coatings companies in the world with a consolidated turnover of ₹ 345 billion.
The Paint Sector in India is showing promising signs of growth. The Indian Paints and Coatings Market is projected to grow from USD 9.56 billion in 2024 to USD 15.00 billion by 2029, with an expected compound annual growth rate (CAGR) of 9.38% over the forecast period. This growth is driven by competition, decreasing prices of raw materials, and a steadily strengthening industrial environment.
The sector is divided into different segments such as architecture, automotive, joinery, transportation, and packaging. The market for paints can be split into decorative and industrial paints where decorative paints dominate.
Asian Paints Ltd., appears to be a good choice for investment considering the overall growth prospects of the Paint Sector in India. It is one of such leading organizations in this industry that has a strong market presence and diversified product portfolio.
Asian Paints Limited faces competition from several companies in the Paint Sector. Here are some of the key competitors:
Asian Paints Limited, one of the largest paint companies in India and Asia, has a rich history that dates back to 1942. Here's a brief overview:
Here’s a summary of Asian Paints Limited’s financial information as of June 2024:
Metric |
Value |
---|---|
Rs. 2,74,887 Cr. |
|
Book value |
Rs. 195 (Per share) |
1.15 % |
|
37.5 % |
|
31.4 % |
|
Rs. 1.00 |
Here’s a concise summary of Asian Paints Limited’s shareholding pattern as of June 2024 :
Let us compare Asian Paints Ltd with its peers that have full data available. See the table below:
Metric |
Berger Paints India Ltd. |
Kansai Nerolac Paints Ltd. |
Indigo Paints |
Shalimar Paints Limited |
---|---|---|---|---|
45.92 |
18.38 |
42.94 |
-16.66 |
|
P/B Ratio |
9.95 |
3.89 |
6.97 |
3.13 |
Dividend Yield (Avg.) |
0.00 |
1.39 |
0.00 |
0.00 |