Analyst Rating
based on 37 analysts
29.73%
Buy
29.73%
Hold
40.54%
Sell
Based on 37 analysts offering long term price targets for Asian Paints Ltd. An average target of ₹2908.03
Source: S&P Global Market Intelligence
Asian Paints Ltd Share analysis
Asian Paints Ltd price forecast by 37 analysts
Downside of
High
₹3650
Target
₹2908.03
Low
₹2100
Asian Paints Ltd target price ₹2908.03, a slight downside of -11.2% compared to current price of ₹3293.85. According to 37 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Asian Paints Ltd revenue growth forecast
Expected growth rate Q1, FY2026:15.55%
Forecast
Actual
Including amortisation and stock based compensations
Asian Paints Ltd EPS growth forecast
EPS estimate Q1, FY2026:3.06%
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹3,275₹3,32052 Week's Low
52 Week's High
₹2,670.1₹3,422.95
| Returns % | |
| 1 Month Return | + 6.45 % |
| 3 Month Return | + 13.24 % |
| 1 Year Return | + 1.88 % |
| Market Stats | |
| Previous Close | ₹3,274.65 |
| Open | ₹3,294.00 |
| Volume | 9.63L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹3,14,103.70Cr |
Key Statistics
| P/E Ratio | 61.81 |
| PEG Ratio | 13.47 |
| Market Cap | ₹3,14,103.70 Cr |
| P/B Ratio | 14.82 |
| EPS | 57.94 |
| Dividend Yield | 1.17 |
| Sector | Paints/Varnish |
| ROE | 31.29 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹3,14,103.70 Cr | 22.15% | 0.54 | ₹5,557 Cr | ₹35,494 Cr | |
| HOLD | ₹1,62,364.69 Cr | 29.32% | 0.52 | ₹1,747 Cr | ₹12,382 Cr | |
| ₹72,302.67 Cr | 20.64% | 0.56 | ₹1,169 Cr | ₹11,198 Cr | ||
| HOLD | ₹24,740.51 Cr | -0.01% | 0.51 | ₹1,175 Cr | ₹7,801 Cr | |
| BUY | ₹7,019.69 Cr | -10.54% | 0.51 | ₹148 Cr | ₹1,306 Cr |
Mutual Fund Holdings
Company Information
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: ₹3293.85 per share as on 19 Sep, 2024 04:01 PM
Market Capitalisation: ₹3,14,103.70Cr as of today
Revenue: ₹8,943.24Cr as on June 2024 (Q2 24)
Net Profit: ₹1,186.79Cr as on June 2024 (Q2 24)
Listing date: 03 Nov, 1994
Chairperson Name: Deepak Satwalekar
| Organisation | Asian Paints Ltd |
| Headquarters | |
| Industry | Paints/Varnish |
| E-voting on shares | Click here to vote |
Key events for Asian Paints Ltd
Asian Paints Plans Dividend and Maintains Prices - 14 Sep, 2024
Asian Paints announced a board meeting to discuss an interim dividend for FY 2025 and indicated no plans to cut product prices after a recent hike.
Asian Paints Board Meeting for Dividend Consideration - 13 Sep, 2024
Asian Paints will hold a board meeting on October 23, 2024, to consider an interim dividend for FY25 and review Q2 financial results. The record date for the dividend is set for October 31, 2024.
Asian Paints Shares Rise with Falling Crude Prices - 11 Sep, 2024
Asian Paints Ltd. saw its shares advance in early trade as Brent crude prices dropped to their lowest since 2021, positively impacting the paint sector.
Asian Paints Shows Bullish Technical Indicators - 09 Sep, 2024
Asian Paints has recently shown a Cup pattern breakout, with a bullish RSI rebound. Analysts recommend accumulating shares in the Rs 3,280-3,240 range, targeting Rs 3,420 and Rs 3,500.
Analyst Recommends Asian Paints Buy Amid Bullish Trends - 06 Sep, 2024
Sumeet Bagadia from Choice Broking suggests buying Asian Paints, targeting ₹3562 and ₹3725, supported by bullish patterns and declining crude oil prices, enhancing profitability.
Asian Paints Shares Surge Amid Market Rally - 04 Sep, 2024
On September 4, 2024, Asian Paints shares increased over 2%, reflecting a broader rally in paint stocks. The stock has gained significantly over the past month and six months, although it remains below its all-time high.
Asian Paints Faces Profit Slide and Downgrades - 02 Sep, 2024
Asian Paints shares fell 4.5% after reporting its steepest quarterly profit decline in three years due to weak demand and price cuts. Analysts downgraded the stock, citing increased competition and pressure on margins. Despite retaining its full-year growth guidance, the outlook remains cautious amid rising competition and inflationary pressures.
Nuvama Issues Buy Rating Amid Volume Growth - 23 Aug, 2024
Nuvama Institutional Equities maintains an anti-consensus Buy rating on Asian Paints, anticipating double-digit volume growth for FY25, despite recent mixed trading performance.
Asian Paints Reports Decline in Profit and Revenue - 19 Aug, 2024
Asian Paints reported a 25% decline in consolidated net profit to ₹1,170 crore and a 2.3% drop in total revenue to ₹8,943 crore. Despite a 7% increase in domestic decorative business volume, revenue decreased due to price cuts and a shift in product mix. Total expenses rose, and the stock has fallen over 10% in 2024 YTD.
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 IMPACTPrice Rise
In the last 3 years, ASIANPAINT stock has moved up by 0.1%
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 3.75% to 3.80% in Jun 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 8.94K Cr → 9.16K Cr (in ₹), with an average increase of 2.4% per quarter
NO EFFECTAgainst Peers
In the last 3 years, Solar Industries India Ltd has given 457.1% return, outperforming this stock by 457.0%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 52.63% of holdings in Jun 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, Solar Industries India Ltd has given 133.6% return, outperforming this stock by 131.7%
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 15.89% to 15.27% in Jun 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 19.79% to 19.69% in Jun 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 3 quarters, 1.44K Cr → 1.16K Cr (in ₹), with an average decrease of 10.1% per quarter
Asian Paints Ltd Infographics
Asian Paints Ltd Q1 FY2024-2025 Results: Key Insights
Asian Paints has announced its Q1FY25 earnings, highlighting key performance metrics for the quarter.
News
Asian Paints Allocates Rs 91.26 Cr to CSR Activities in FY 2023-24
Asian Paints' CSR expenditure report for FY 2023-24 highlights its substantial contributions towards societal welfare and sustainable development.31 Jul, 2024 04:13 PMAsian Paints' Total CSR Expenditure Over Eight Years: Rs 518.38 Cr. I India CSR
Asian Paints’ journey of increasing CSR expenditure over the past eight years is a testament to its long-term vision and commitment to sustainability.31 Jul, 2024 04:29 PMCash Market | A multi-month breakout buy trade is seen in Asian Paints
Asian Paints has given a consolidation breakout with a rise in volume, indicating a swift upmove in01 Aug, 2024 07:23 AMCompany Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 52.63% | 0.00 | |
| Foreign Institutions | 15.27% | ||
| Mutual Funds | 3.8% | 1.44 | |
| Retail Investors | 19.69% | ||
| Others | 8.61% | 8.28 |
Key Indicators
Asian Paints Ltd Valuation
Asian Paints Ltd in the last 5 years
Lowest (47.59x)
May 9, 2024
Industry (58.77x)
September 18, 2024
Today (61.81x)
September 18, 2024
Highest (115.23x)
December 30, 2020
Earnings and Dividends
Asian Paints Ltd Earnings Results
Asian Paints Ltd’s net profit fell -24.54% since last year same period to ₹1,169.98Cr in the Q1 2024-2025. On a quarterly growth basis, Asian Paints Ltd has generated -6.9% fall in its net profits since last 3-months.
Read More about Earnings ResultsAsian Paints Ltd Dividends May,2024
In the quarter ending March 2024, Asian Paints Ltd has declared dividend of ₹28.15 - translating a dividend yield of 1.67%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Asian Paints Ltd is currently in a Bullish trading position according to technical analysis indicators.
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Asian Paints Ltd (ASIANPAINT) share price today is ₹3293.85
Asian Paints Ltd is listed on NSE
Asian Paints Ltd is listed on BSE
- Today’s highest price of Asian Paints Ltd is ₹3320.
- Today’s lowest price of Asian Paints Ltd is ₹3275.
PE Ratio of Asian Paints Ltd is 61.81
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 9.63L.
Today’s market capitalisation of Asian Paints Ltd(ASIANPAINT) is ₹314103.7Cr.
| Asian Paints Ltd(ASIANPAINT | Price |
|---|---|
52 Week High | ₹3422.95 |
52 Week Low | ₹2670.1 |
Asian Paints Ltd(ASIANPAINT) share price is ₹3293.85. It is down -3.77% from its 52 Week High price of ₹3422.95
Asian Paints Ltd(ASIANPAINT) share price is ₹3293.85. It is up 23.36% from its 52 Week Low price of ₹2670.1
| Asian Paints Ltd(ASIANPAINT | Returns |
|---|---|
1 Day Returns | 19.2% |
1 Month Returns | 6.45% |
3 Month Returns | 13.24% |
1 Year Returns | 1.88% |