Asian Paints

2,442.00

-41.70

(-1.68%)

Market Cap (₹ Cr.)

₹2,38,188

52 Week High

3,422.95

Book Value

₹195

52 Week Low

2,451.10

PE Ratio

50.69

PB Ratio

13.22

PE for Sector

51.06

PB for Sector

7.27

ROE

28.61 %

ROCE

35.26 %

Dividend Yield

1.34 %

EPS

₹52.96

Industry

Paints/Varnish

Sector

Paints / Varnishes

Investment Returns

In Long Term

In Short Term

1 Year

0.00%

2 Years

0.00%

3 Years

0.00%

4 Years

0.00%

5 Years

0.00%

Growth Rate

Revenue Growth

3.75 %

Net Income Growth

32.47 %

Cash Flow Change

45.55 %

ROE

12.16 %

ROCE

-3.18 %

EBITDA Margin (Avg.)

19.98 %

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
Revenue	2,948	2,810	2,901	3,274	3,095	3,063	3,187	3,293	3,405	3,289	3,666	3,656	3,835	3,775	3,987	4,606	4,308	4,466	4,392	4,750	3,944	2,498	4,621	5,994	5,769	4,891	6,304	7,596	6,849	7,700	7,461	7,684	7,751	8,331	7,515	8,151	7,678	8,107	7,050
Expenses	2,386	2,134	2,297	2,571	2,417	2,254	2,471	2,570	2,681	2,606	2,882	2,769	2,990	2,836	3,137	3,499	3,415	3,290	3,405	3,539	3,136	1,980	3,377	4,219	4,448	3,904	5,277	6,023	5,451	6,124	6,229	6,027	5,878	6,114	5,757	6,016	5,932	6,289	5,946
EBITDA	562	676	603	703	678	809	716	723	724	683	784	886	845	939	851	1,107	892	1,175	988	1,211	808	519	1,244	1,775	1,321	987	1,027	1,573	1,398	1,576	1,233	1,657	1,873	2,217	1,757	2,135	1,746	1,819	1,104
Operating Profit %	16 %	21 %	18 %	19 %	20 %	24 %	20 %	21 %	19 %	19 %	20 %	23 %	21 %	23 %	20 %	23 %	19 %	25 %	20 %	24 %	19 %	19 %	25 %	28 %	20 %	18 %	14 %	19 %	19 %	19 %	15 %	20 %	23 %	24 %	21 %	24 %	20 %	20 %	13 %
Depreciation	56	57	57	59	61	74	73	75	74	76	77	78	80	116	123	144	157	170	174	174	172	167	169	169	193	176	180	184	181	184	189	189	194	172	179	190	194	196	207
Interest	9	3	5	6	10	4	4	5	6	4	5	5	7	16	19	22	23	19	20	20	19	15	15	17	25	16	18	21	14	20	24	25	25	26	28	31	31	30	39
Profit Before Tax	498	616	541	639	607	731	639	644	645	603	702	803	758	808	708	941	712	986	793	1,017	616	337	1,060	1,590	1,103	795	830	1,367	1,203	1,372	1,020	1,443	1,654	2,018	1,551	1,914	1,522	1,592	858
Tax	158	189	171	215	208	217	186	216	194	201	223	281	263	227	178	270	205	312	133	260	172	93	271	401	293	208	221	353	328	372	260	361	431	500	378	458	342	395	245
Net Profit	340	428	371	424	401	501	435	426	441	401	473	529	492	542	481	632	478	652	791	759	452	252	793	1,188	819	596	619	1,020	900	1,017	763	1,086	1,234	1,508	1,160	1,444	1,209	1,192	602
EPS in ₹	3.54	4.46	3.87	4.42	4.18	5.23	4.54	4.44	4.60	4.18	4.94	5.51	5.12	5.65	5.01	6.59	4.98	6.80	8.24	7.91	4.71	2.63	8.27	12.38	8.54	6.21	6.45	10.64	9.38	10.61	7.96	11.32	12.87	15.73	12.10	15.06	12.61	12.44	6.28

Show % Change

Above figures are in Rs. Crores

Balance Sheet

Balance Sheet	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	7,274	8,725	10,358	11,588	13,683	13,588	17,581	19,908	22,530	25,982
Fixed Assets	1,965	2,629	2,605	2,569	5,221	4,961	4,763	4,554	4,643	5,360
Current Assets	4,152	4,542	5,430	5,501	6,053	5,826	9,947	12,748	13,876	14,553
Capital Work in Progress	140	93	220	1,392	179	108	119	225	978	2,561
Investments	1,103	2,797	2,914	2,577	2,964	2,658	5,179	3,811	4,912	5,705
Other Assets	4,066	3,207	4,620	5,050	5,318	5,861	7,519	11,318	11,997	12,356
Total Liabilities	3,044	2,799	3,263	3,790	4,840	4,134	5,492	6,559	6,944	7,557
Current Liabilities	2,759	2,455	2,876	3,399	3,841	3,195	4,575	5,647	5,831	6,221
Non Current Liabilities	285	344	387	391	999	939	916	912	1,113	1,336
Total Equity	4,230	5,926	7,095	7,798	8,843	9,453	12,089	13,349	15,586	18,425
Reserve & Surplus	4,134	5,830	6,999	7,702	8,747	9,357	11,993	13,253	15,490	18,329
Share Capital	96	96	96	96	96	96	96	96	96	96

Show % Change

Above figures are in Rs. Crores

Cash Flow

Cash Flow	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Cash Flow	124	413	-120	-474	473	-462	2,440	-1,069	640	500
Investing Activities	-292	-863	-584	-1,371	-833	-775	-436	-340	-1,397	-2,263
Operating Activities	1,144	1,980	1,420	2,136	2,395	2,813	3,459	1,260	4,222	5,738
Financing Activities	-728	-704	-956	-1,239	-1,089	-2,501	-583	-1,989	-2,185	-2,974

Show % Change

Above figures are in Rs. Crores

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
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 %
FIIs	20.38 %	20.72 %	20.96 %	20.48 %	19.45 %	18.51 %	18.56 %	18.11 %	17.01 %	17.47 %	17.65 %	17.32 %	15.89 %	15.27 %	15.28 %
DIIs	7.28 %	7.26 %	6.84 %	7.15 %	7.57 %	8.42 %	8.78 %	9.20 %	10.01 %	10.05 %	10.05 %	10.58 %	11.66 %	12.36 %	13.16 %
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 %
Public / Retail	19.48 %	19.18 %	19.35 %	19.68 %	20.29 %	20.37 %	19.99 %	20.02 %	20.32 %	19.81 %	19.63 %	19.44 %	19.79 %	19.69 %	18.88 %

Show % Change

Dividend History

Peer Comparison Compare Peers on Screener

Competitors	LTP	Market Cap (₹ Cr.)	P/E Ratio	Revenue (₹ Cr.)	YoY Revenue Growth %	Net Profit (₹ Cr.)	YoY Profit Growth %	RSI
Asian Paints	2,443.20	2,38,188.00	50.69	36,182.69	3.75	5,558	-43.71	15.27
Berger Paints	470.60	55,486.06	48.47	11,262.60	6.06	1,170	-7.61	24.64
Kansai Nerolac Paints	254.90	21,050.89	33.73	7,893.32	4.29	1,176	-31.75	31.10
Akzo Nobel	3,636.60	16,602.18	38.17	3,997.40	4.38	427	3.93	41.02
Indigo Paints	1,501.15	7,148.06	51.15	1,320.30	21.87	149	-12.09	42.00
Shalimar Paints	99.72	865.57	-	543.03	10.59	-74	23.42	35.11
Mcon Rasayan	166.65	128.44	57.70	42.54	36.96	2	-94.33	50.49
Retina Paints	68.25	95.00	128.58	17.32	54.06	1	-	40.16

Corporate Action

Technical Indicators

RSI(14)

Oversold

15.27

ATR(14)

Less Volatile

67.94

STOCH(9,6)

Oversold

5.36

STOCH RSI(14)

Oversold

7.25

MACD(12,26)

Bearish

-37.17

ADX(14)

Very Strong Trend

52.62

UO(9)

Bullish

23.79

ROC(12)

Downtrend And Accelerating

-17.12

WillR(14)

Oversold

-94.35