Asian Paints Ltd
ASIANPAINTAsian Paints Ltd
ASIANPAINT
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 61.80 | 16.16 | 1.02% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 32.20 | 3.67 | 1.16% |
Forecast & Ratings
Detailed Forecast from 29 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Asian Paints Limited is a paint company. The Company is engaged in the business of manufacturing, selling and distribution of paints, coatings, products related to home decor, bath fittings and providing of related services.
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 16,497.73 | 17,626.93 | 17,160.96 | 19,513.90 | 20,566.30 | 22,044.44 | 29,512.86 | 34,968.92 | 36,315.69 | 36,068.30 | ||||||||||
Raw Materials | 6,569.83 | 7,452.60 | 8,128.17 | 9,974.40 | 9,981.99 | 10,425.55 | 17,123.25 | 18,985.53 | 17,410.84 | 28,124.69 | ||||||||||
| Power & Fuel Cost | 114.48 | 106.02 | 110.30 | 119.63 | 97.79 | 86.05 | 117.23 | 138.29 | 133.25 | |||||||||||
| Employee Cost | 989.51 | 1,033.62 | 1,115.48 | 1,236.83 | 1,366.09 | 1,540.75 | 1,786.67 | 2,028.07 | 2,326.18 | |||||||||||
| Selling & Administrative Expenses | 3,917.77 | 4,370.31 | 2,261.33 | 2,372.73 | 2,316.69 | 2,252.55 | 2,949.92 | 3,509.18 | 3,820.60 | |||||||||||
| Operating & Other expenses | 1,967.71 | 1,332.72 | 2,005.26 | 1,771.60 | 2,291.87 | 2,552.29 | 2,436.30 | 3,616.55 | 4,218.88 | |||||||||||
EBITDA | 2,938.43 | 3,331.66 | 3,540.42 | 4,038.71 | 4,511.87 | 5,187.25 | 5,099.49 | 6,691.30 | 8,405.94 | 7,943.61 | ||||||||||
| Depreciation/Amortization | 275.58 | 334.79 | 360.47 | 622.14 | 780.50 | 791.27 | 816.36 | 858.02 | 853.00 | 882.38 | ||||||||||
| PBIT | 2,662.85 | 2,996.87 | 3,179.95 | 3,416.57 | 3,731.37 | 4,395.98 | 4,283.13 | 5,833.28 | 7,552.94 | 7,061.23 | ||||||||||
| Interest & Other Items | 49.00 | 37.33 | 41.47 | 110.47 | 102.33 | 91.63 | 95.41 | 144.45 | 205.17 | 214.80 | ||||||||||
| PBT | 2,613.85 | 2,959.54 | 3,138.48 | 3,306.10 | 3,629.04 | 4,304.35 | 4,187.72 | 5,688.83 | 7,347.77 | 6,846.43 | ||||||||||
| Taxes & Other Items | 868.69 | 1,020.11 | 1,099.55 | 1,150.18 | 923.87 | 1,165.06 | 1,157.15 | 1,582.38 | 1,887.54 | 1,766.59 | ||||||||||
| Net Income | 1,745.16 | 1,939.43 | 2,038.93 | 2,155.92 | 2,705.17 | 3,139.29 | 3,030.57 | 4,106.45 | 5,460.23 | 5,079.84 | ||||||||||
| EPS | 18.19 | 20.22 | 21.26 | 22.48 | 28.20 | 32.73 | 31.59 | 42.81 | 56.92 | 52.96 | ||||||||||
| DPS | 7.50 | 10.30 | 8.70 | 10.50 | 12.00 | 17.85 | 19.15 | 25.65 | 33.30 | 33.30 | ||||||||||
| Payout ratio | 0.41 | 0.51 | 0.41 | 0.47 | 0.43 | 0.55 | 0.61 | 0.60 | 0.58 | 0.63 |
Company Updates
Peers & Comparison
MaterialsPaints
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Asian Paints Ltd | 57.49 | 16.16 | 1.02% |
| Berger Paints India Ltd | 61.92 | 13.42 | 0.56% |
| Kansai Nerolac Paints Ltd | 20.87 | 4.42 | 1.23% |
| Indigo Paints Ltd | 47.65 | 7.78 | 0.24% |
Price Comparison
Compare ASIANPAINT with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Asian Paints Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
Nippon India Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.1900% | Percentage of the fund’s portfolio invested in the stock 1.00% | Change in the portfolio weight of the stock over the last 3 months 0.74% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 174/231 (+12) |
Mirae Asset Large Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.1778% | Percentage of the fund’s portfolio invested in the stock 1.37% | Change in the portfolio weight of the stock over the last 3 months 0.98% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 16/80 (+13) |
UTI Flexi Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.1277% | Percentage of the fund’s portfolio invested in the stock 1.54% | Change in the portfolio weight of the stock over the last 3 months 0.02% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 46/68 (-3) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have Asian Paints Ltd
Events
Dividend Trend
Increasing Dividends
ASIANPAINT has increased dividends consistently over the last 5 years
Dividend Yield
Current dividend yield is 0.99%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹9.92 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJun 11, 2024
Dividend/Share
₹28.15
Ex DateEx Date
Jun 11, 2024
Cash Dividend
Ex DateEx DateNov 3, 2023
Dividend/Share
₹5.15
Ex DateEx Date
Nov 3, 2023
Cash Dividend
Ex DateEx DateJun 9, 2023
Dividend/Share
₹21.25
Ex DateEx Date
Jun 9, 2023
Cash Dividend
Ex DateEx DateOct 31, 2022
Dividend/Share
₹4.40
Ex DateEx Date
Oct 31, 2022
Cash Dividend
Ex DateEx DateJun 9, 2022
Dividend/Share
₹15.50
Ex DateEx Date
Jun 9, 2022
Asian Paints will hold a meeting of the Board of Directors of the Company on 23 October 2024.Powered by Capital Market - Live
Asian Paints has fixed 31 October 2024 as record date for payment of interim dividend. Powered by Capital Market - Live
Asian Paints Stocks Live Updates: Asian Paints Shows Resilience with 0.66% Daily Gain and 6.45% 3-Month Returns - The Economic Times
F&O Radar: Deploy Bull Call Spread in Asian Paints to benefit from potential bullish trend
Why technical analysts are turning bullish on this paint stock in BSE Sensex index
Stock Radar: This Sensex stock from paint sector is showing signs of momentum, reclaiming 200-DMA on daily charts
Asian Paints Share Price Today Live Updates: Asian Paints Sees 0.4% Increase in Current Price, Trading Volume Reaches 583,477 Shares - The Economic Times
F&O stocks to buy today: Asian Paints, SAIL among top 6 trading ideas for 1 August 2024
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 13.23%, vs industry avg of 12.54%
Increasing Market Share
Over the last 5 years, market share increased from 62.7% to 62.82%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 20.42%, vs industry avg of 20.29%