Asian Paints
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Asian Paints

2,809.40
-36.40
(-1.28%)
Market Cap
2,69,477.03 Cr
PE Ratio
68.84
Volume
6,36,748.00
Day High - Low
2,854.70 - 2,801.10
52W High-Low
2,985.70 - 2,124.75
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Key Fundamentals
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Market Cap
2,69,477.03 Cr
EPS
38.25
PE Ratio
68.84
PB Ratio
13.94
Book Value
204.11
EBITDA
6,578.80
Dividend Yield
0.87 %
Sector
Paints
Return on Equity
18.49
Debt to Equity
0.12
Analyst Rating and Forecast
- By Refinitiv from33 analysts
SELL
Analysts have suggested that investors can sell this stock
Buy
Buy+33.33 %
+33.33 %
Hold
Hold+24.24 %
+24.24 %
Sell
Sell+42.42 %
+42.42 %
Forecast For
Actual

Company News

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negative
Morgan Stanley reports weak to moderate demand trends for Asian Paints in Q3, with some areas in North India experiencing slow demand after Diwali festivities.
neutral
Asian Paints witnessed a significant block trade on NSE involving 106,751 shares valued at ₹29.66 crores, executed at ₹2,778.40 per share, indicating continued institutional interest in the paint major.
neutral
Asian Paints announces Board meeting on January 27, 2026, to approve Q3FY26 financial results. Trading window closed from Dec 19, 2025 to Jan 29, 2026. Investor conference scheduled same day.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
2,809.40
#1 2,69,477.03
#8 68.84
#1 34,478.20
#9 -4.71
#1 3,710
#2 46.78
52.56
526.15
61,345.26
57.00
11,639.50
3.35
1,183
-23.53
40.16
237.86
19,231.48
17.45
7,962.10
0.87
1,109
11.27
55.36
3,171.50
14,443.11
#1 7.25
4,118.80
3.04
430
#1 1,618.90
40.31
1,221.90
5,825.49
39.29
1,359.20
2.95
142
13.45
57.33
489.20
2,778.30
48.36
379.20
19.21
49
36.09
48.72
73.17
612.51
-9.47
608.90
12.14
-80
28.06
68.11
7.25
227.91
36.94
266.70
-8.85
7
-16.67
67.02
204.00
126.05
14.76
51.80
#1 32.48
9
-
44.25
66.00
101.25
140.42
21.00
21.39
1
-
43.29
Growth Rate
Revenue Growth
-4.71 %
Net Income Growth
-33.25 %
Cash Flow Change
-27.52 %
ROE
-35.37 %
ROCE
-31.99 %
EBITDA Margin (Avg.)
-16.54 %

Quarterly Financial Results

Quarterly Financials
Mar 2015
Jun 2015
Sept 2015
Dec 2015
Mar 2016
Jun 2016
Sept 2016
Dec 2016
Mar 2017
Jun 2017
Sept 2017
Dec 2017
Mar 2018
Jun 2018
Sept 2018
Dec 2018
Mar 2019
Jun 2019
Sept 2019
Dec 2019
Mar 2020
Jun 2020
Sept 2020
Dec 2020
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Revenue
3,532
3,353
3,457
3,826
3,714
3,661
3,794
3,926
3,993
3,905
4,401
4,327
4,528
4,464
4,688
5,328
5,055
5,190
5,171
5,509
4,695
2,970
5,445
6,912
6,623
5,675
7,244
8,549
7,979
8,691
8,548
8,730
8,880
9,382
8,646
9,261
8,914
9,136
8,208
8,714
8,453
9,154
8,751
Expenses
2,978
2,656
2,827
3,103
2,970
2,771
3,004
3,100
3,201
3,150
3,464
3,369
3,644
3,461
3,772
4,160
4,108
3,949
4,099
4,231
3,776
2,453
4,085
5,001
5,333
4,674
6,192
6,985
6,565
7,075
7,230
7,025
6,947
7,061
6,762
7,047
7,039
7,276
6,968
6,913
7,106
7,314
7,028
EBITDA
555
698
630
724
745
890
790
826
792
755
937
957
884
1,003
917
1,168
947
1,242
1,073
1,278
919
517
1,360
1,911
1,290
1,001
1,053
1,564
1,414
1,615
1,318
1,704
1,932
2,321
1,884
2,214
1,875
1,860
1,240
1,802
1,347
1,840
1,723
Operating Profit %
15 %
19 %
17 %
18 %
19 %
23 %
19 %
20 %
18 %
17 %
19 %
21 %
19 %
21 %
18 %
21 %
18 %
23 %
19 %
22 %
19 %
16 %
24 %
26 %
18 %
16 %
13 %
17 %
17 %
18 %
14 %
18 %
21 %
23 %
20 %
22 %
19 %
19 %
13 %
19 %
15 %
18 %
17 %
Depreciation
67
66
68
69
72
84
83
85
83
91
89
90
91
136
144
165
179
192
197
197
195
191
194
193
213
201
203
208
205
208
216
214
220
198
209
220
226
228
242
256
301
301
305
Interest
10
9
9
8
15
6
6
9
9
8
9
9
9
21
26
29
30
27
26
24
26
20
21
21
30
22
24
28
23
29
35
41
39
46
51
54
54
55
63
56
53
45
44
Profit Before Tax
522
664
594
698
658
799
701
732
701
657
840
859
784
846
747
974
738
1,023
849
1,057
699
306
1,146
1,697
1,156
779
826
1,394
1,189
1,407
1,094
1,478
1,710
2,105
1,651
1,968
1,624
1,604
959
1,518
1,022
1,509
1,392
Tax
170
198
175
216
222
247
206
243
221
216
246
291
288
276
243
327
252
351
7
278
219
86
294
431
286
204
221
362
315
371
290
381
451
530
419
493
349
417
265
390
321
392
373
Net Profit
352
466
419
482
436
553
495
489
480
441
594
567
496
570
505
647
486
672
842
780
480
220
852
1,265
870
574
605
1,031
874
1,036
804
1,097
1,258
1,575
1,232
1,475
1,275
1,187
694
1,128
701
1,117
1,018
EPS in ₹
3.55
4.73
4.21
4.89
4.37
5.58
4.96
4.86
4.82
4.46
6.00
5.78
5.01
5.81
5.12
6.63
4.93
6.83
8.58
7.97
4.82
2.28
8.66
12.91
8.88
5.93
6.21
10.59
8.87
10.60
8.16
11.19
12.87
16.17
12.57
15.10
13.11
12.20
7.25
11.58
7.22
11.47
10.37

Balance Sheet

Balance Sheet
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total Assets
8,915
10,561
12,421
13,783
15,661
16,155
20,370
22,984
25,798
29,924
30,371
Fixed Assets
2,660
3,416
3,304
3,732
6,722
6,272
5,859
5,519
5,771
7,147
9,220
Current Assets
5,339
5,735
6,966
6,914
7,634
7,580
12,027
15,152
16,535
17,537
16,992
Capital Work in Progress
196
107
258
1,405
210
140
183
426
1,020
2,698
1,255
Investments
1,187
2,712
2,652
2,141
2,570
2,019
4,737
3,248
4,262
4,588
4,725
Other Assets
4,872
4,326
6,208
6,505
6,160
7,723
9,591
13,791
14,746
15,491
15,172
Total Liabilities
8,915
10,561
12,421
13,783
15,661
16,155
20,370
22,984
25,798
29,924
30,371
Current Liabilities
3,519
3,149
3,885
4,451
5,029
4,380
5,926
7,571
7,896
8,501
8,141
Non Current Liabilities
389
503
557
594
750
1,241
1,215
1,214
1,456
1,999
2,171
Total Equity
5,006
6,909
7,979
8,738
9,883
10,534
13,229
14,199
16,446
19,424
20,059
Reserve & Surplus
4,646
6,429
7,508
8,314
9,424
10,034
12,710
13,716
15,896
18,632
19,304
Share Capital
96
96
96
96
96
96
96
96
96
96
96

Cash Flow

Cash Flow
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Net Cash Flow
147
528
90
-822
434
-351
2,492
-1,138
771
573
-270
Investing Activities
-465
-866
-681
-1,556
-918
-518
-541
-317
-1,282
-2,549
-941
Operating Activities
1,188
2,243
1,527
2,113
2,470
2,632
3,683
987
4,193
6,104
4,424
Financing Activities
-576
-849
-756
-1,379
-1,118
-2,465
-650
-1,808
-2,140
-2,983
-3,753

Share Holding

% Holding
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Promoter
52.79 %
52.79 %
52.79 %
52.63 %
52.63 %
52.63 %
52.63 %
52.63 %
52.63 %
52.63 %
52.63 %
52.63 %
52.63 %
52.63 %
52.63 %
52.63 %
52.63 %
52.63 %
52.63 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
17.65 %
0.00 %
15.89 %
15.27 %
15.28 %
13.61 %
12.22 %
11.85 %
11.64 %
DIIs
6.37 %
6.38 %
5.94 %
6.20 %
6.61 %
7.65 %
7.97 %
9.20 %
10.01 %
9.23 %
10.05 %
9.81 %
11.66 %
12.36 %
13.16 %
14.06 %
15.58 %
21.04 %
21.58 %
Government
0.08 %
0.04 %
0.04 %
0.04 %
0.04 %
0.04 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
12.20 %
11.99 %
12.10 %
12.39 %
12.92 %
13.04 %
12.69 %
12.82 %
13.10 %
12.66 %
12.47 %
12.31 %
12.61 %
12.51 %
11.77 %
12.46 %
12.38 %
12.20 %
11.90 %
Others
28.56 %
28.80 %
29.12 %
28.74 %
27.81 %
26.64 %
26.71 %
25.35 %
24.27 %
25.49 %
7.20 %
25.26 %
7.21 %
7.24 %
7.16 %
7.25 %
7.19 %
2.28 %
2.26 %
No of Share Holders
0
4,99,185
4,92,867
5,77,153
7,12,261
9,46,876
10,11,450
9,11,680
10,82,650
9,97,455
9,85,216
9,75,319
11,05,330
11,11,600
9,75,807
11,92,880
12,13,840
11,71,140
11,08,400

Dividend History

Annual Cash Flows 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Dividend Per Share (₹) 10.3 8.7 10.5 12 17.85 19.15 25.65 33.3 24.8 0.00
Dividend Yield (%) 0.92 0.58 0.63 0.47 0.58 0.69 0.9 1.42 0.87 0.00

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
27 Jan 2026 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
27 Jan 2026 2,764.80 2,845.80
11 Jun 2021 DIVIDEND Dividend
14.50 /share
10 Jun 2021 2,556.25 2,950.45
29 Oct 2021 DIVIDEND Dividend
3.65 /share
28 Oct 2021 3,168.65 3,118.75
10 Jun 2022 DIVIDEND Dividend
15.50 /share
09 Jun 2022 3,005.25 2,687.75
29 Jun 2022 ANNUAL GENERAL MEETING Annual General Meeting
NA
29 Jun 2022 3,005.25 2,726.50
01 Nov 2022 DIVIDEND Dividend
4.40 /share
31 Oct 2022 3,214.10 3,107.70
09 Jun 2023 DIVIDEND Dividend
21.25 /share
09 Jun 2023 3,041.40 3,210.75
27 Jun 2023 ANNUAL GENERAL MEETING Annual General Meeting
NA
27 Jun 2023 3,041.40 3,308.35
03 Nov 2023 DIVIDEND Dividend
5.15 /share
03 Nov 2023 3,061.10 2,955.70
11 Jun 2024 DIVIDEND Dividend
28.15 /share
11 Jun 2024 2,844.25 2,937.55
25 Jun 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
25 Jun 2024 2,844.25 2,895.90
09 Nov 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
09 Nov 2024 3,382.30 2,769.25
19 Nov 2024 DIVIDEND Dividend
4.25 /share
19 Nov 2024 2,769.25 2,483.70
04 Feb 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
04 Feb 2025 2,268.15 2,292.25
08 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
08 May 2025 2,230.95 2,334.10
10 Jun 2025 DIVIDEND Dividend
20.55 /share
10 Jun 2025 2,334.10 2,248.30
26 Jun 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
26 Jun 2025 2,334.10 2,279.45
29 Jul 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
29 Jul 2025 2,215.30 2,359.60
12 Nov 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
12 Nov 2025 2,335.65 2,654.90
18 Nov 2025 DIVIDEND Dividend
4.50 /share
18 Nov 2025 2,654.90 2,887.00

Announcements

Disclosures under Reg. 10(6) of SEBI (SAST) Regulations 20119 days ago
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 20119 days ago
Disclosures under Reg. 10(6) of SEBI (SAST) Regulations 20119 days ago
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 20119 days ago
Disclosures under Reg. 10(6) of SEBI (SAST) Regulations 20119 days ago
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 20119 days ago
Disclosures under Reg. 10(6) of SEBI (SAST) Regulations 20119 days ago
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 20119 days ago
Announcement under Regulation 30 (LODR)-Newspaper PublicationDec 23, 2025
Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations 2011.Dec 19, 2025
Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations 2011.Dec 18, 2025
Closure of Trading WindowDec 15, 2025
Board Meeting Intimation for Board Meeting Intimation For Consideration Of Audited Standalone And Unaudited Consolidated Financial Results Of The Company For The Quarter And Nine Months Period Ending 31St December 2025Dec 15, 2025
Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations 2011Dec 04, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationDec 03, 2025
Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations 2011.Nov 28, 2025
Setting Up Of Second Paint Manufacturing Facility In United Arab Emirates (UAE) By Berger Paints Emirates Ltd Co (L.L.C) UAE A Step-Down Subsidiary Of The CompanyNov 26, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 25, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 21, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptNov 18, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 14, 2025
Audio Recording For The Investor ConferenceNov 12, 2025
Investor PresentationNov 12, 2025
Postponement In Commencement Of Commercial Production/OperationsNov 12, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseNov 12, 2025
Dividend Payment DateNov 12, 2025
Corporate Action-Board approves DividendNov 12, 2025
Financial Results For The Quarter And Half Year Ended 30Th September 2025Nov 12, 2025
Board Meeting Outcome for Quarterly Results Interim DividendNov 12, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationOct 13, 2025
Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Oct 12, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 09, 2025
Record Date For Payment Of Interim Dividend If Any For The Financial Year Ending 31St March 2026Oct 03, 2025
Corporate Action-Board to consider DividendOct 03, 2025
Board Meeting Intimation for Consideration Of Financial Results Of The Company For The Quarter And Half-Year Ended 30Th September 2025Oct 03, 2025
Intimation For Change In Email Address Of MUFG Intime India Private Limited Registrar And Share Transfer Agent Of The CompanyOct 01, 2025
Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations 2011Sep 19, 2025
Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations 2011Sep 19, 2025
Closure of Trading WindowSep 16, 2025
Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations 2011.Sep 12, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 11, 2025
Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations 2011.Sep 08, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 05, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 29, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 27, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 20, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 06, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseAug 04, 2025
Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 (Listing Regulations) - Supplementary Joint Venture AgreementsAug 04, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptAug 02, 2025

Mutual Fund Holdings

Funding HouseCurrent Holding %1M Change1M Change %3M Change %Last 6M Trend
SBI Large Cap Direct Plan-Growth
0.00%
-8300000
-4.29%
-3.81%
ICICI Prudential Large Cap Fund Direct-Growth
0.00%
-6368109
-2.34%
-2.11%
SBI Equity Hybrid Fund Direct Plan-Growth
0.00%
-5700000
-1.98%
-1.75%
SBI Focused Fund Direct Plan-Growth
0.00%
-5300000
-3.56%
-3.26%
SBI Large & Midcap Fund Direct Plan-Growth
0.00%
-3844000
-2.98%
-2.72%
SBI Multicap Fund Direct - Growth
0.00%
-2604000
-3.12%
-2.73%
ICICI Prudential Multi Asset Fund Direct-Growth
0.00%
-2342950
-0.90%
-1.08%
Nippon India Small Cap Fund Direct- Growth
0.00%
-2303100
-0.97%
-0.84%
Mirae Asset Large Cap Fund Direct- Growth
0.00%
-2114041
-1.45%
-1.32%
ICICI Prudential Balanced Advantage Direct-Growth
0.00%
-2044439
-0.84%
-0.75%
SBI Balanced Advantage Fund Direct - Growth
0.00%
-2000000
-1.46%
-1.63%
SBI Contra Direct Plan-Growth
0.00%
-1642500
-0.95%
-1.29%
Nippon India Large Cap Fund Direct-Growth
0.00%
-1636918
-0.94%
-1.08%
SBI ELSS Tax Saver Fund Direct-Growth
0.00%
-1591000
-1.41%
-1.26%
ICICI Prudential Value Direct-Growth
0.00%
-1418095
-0.68%
-0.84%
ICICI Prudential Business Cycle Fund Direct - Growth
0.00%
-1222455
-2.24%
-2.03%
UTI Flexi Cap Fund Direct-Growth
0.00%
-1047000
-1.18%
-1.10%
UTI Nifty 50 Index Fund Direct-Growth
0.00%
-1001901
-1.09%
-0.96%
SBI Flexicap Fund Direct-Growth
0.00%
-925000
-1.13%
-1.00%
SBI Mid Cap Direct Plan-Growth
0.00%
-900000
-1.11%
-0.98%
HDFC NIFTY 50 Index Fund Direct -Growth
0.00%
-852454
-1.09%
-0.96%
DSP ELSS Tax Saver Fund Direct Plan-Growth
0.00%
-623735
-1.02%
-0.91%
ICICI Prudential Equity Savings Fund Direct-Growth
0.00%
-623000
-1.02%
-0.92%
SBI Dividend Yield Fund Direct - Growth
0.00%
-600000
-1.88%
-1.62%
SBI ESG Exclusionary Strategy Fund Direct Plan-Growth
0.00%
-600000
-2.99%
-2.63%

Technical Indicators

RSI(14)
Neutral
58.64
ATR(14)
Less Volatile
47.83
STOCH(9,6)
Neutral
51.61
STOCH RSI(14)
Overbought
86.50
MACD(12,26)
Bullish
0.33
ADX(14)
Weak Trend
19.36
UO(9)
Bearish
50.77
ROC(12)
Uptrend And Accelerating
3.12
WillR(14)
Overbought
-2.29

About Asian Paints

Asian Paints Ltd is India's largest and the world's 9th largest paint company. It operates in 15 countries with 27 manufacturing facilities, serving consumers in over 60 countries. The company produces decorative and industrial paints, coatings, home decor products, and bath fittings. It has manufacturing plants in several Indian states...more
Chairperson NameR Seshasayee