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Asian Paints Limited share price

Asian Paints Limited, together with its subsidiaries, engages in the manufacture, distribution, and sale of paints, coatings, and products related to home decoration and bath fittings, kitchen, and wardrobe in India, Asia, the Middle East, Africa, and the South Pacific region. The company offers wall coverings, waterproofing products, adhesives; and bath fittings and sanitaryware, modular kitchens and wardrobes, fabric, furnishings, rugs, decorative lightings, unplasticized polyvinyl chloride windows and door systems, furniture, textures and painting aids, and mechanized tools. It also provides color consultancy, projects, home painting services, waterproofing and wood solutions, and assure…Read more
Consumer DurablesSpecialty ChemicalsNifty 50Nifty 100Nifty 500NSE: ASIANPAINTISIN INE021A01026
16 Oct 2026, 3:29 PM IST₹2,331.90▼ 18.10 (0.77%)
  • Market Cap₹ 2,23,546 Cr.
  • Current Price₹ 2,331.90
  • High / Low₹ 2,986 / 2,115
  • Stock P/E46.9
  • Book Value₹ 223
  • Dividend Yield1.17 %
  • ROCE24.4 %
  • ROE21.20 %
  • Face Value₹ 1.0
More figures (10)
  • EPS (TTM)₹ 49.68
  • Price / Book10.47
  • OPM15.8 %
  • Debt / Equity0.18
  • Sales growth (5Y)10.4 %
  • Profit growth (5Y)6.5 %
  • Promoter holding52.9 %
  • EV / EBITDA31.9
  • Beta0.30
  • All-time high₹ 3,590

Price chart

Returns1M3M6MYTD1Y3Y CAGR5Y CAGR
ASIANPAINT-3.50%-12.82%-4.44%-15.80%-3.23%-9.17%-6.38%
Nifty 50-0.31%-3.85%-4.34%-11.42%-9.53%+5.46%+4.76%

Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.

Quick take

  • Asian Paints Limited is in the Specialty Chemicals industry (Basic Materials), with a market value of ₹2,23,546 crore.
  • It trades at 46.9 times its last 12 months' earnings and 10.5 times book value.
  • Revenue grew 10.4% a year over the last 5 years, profit 6.5% a year.
  • Return on equity was 21.2% and return on capital employed 24.4% in the latest year.
  • Debt was 0.18 times shareholders' equity.
  • The share price is 21.9% below its 52-week high and down 3.2% over one year.
  • Promoters and insiders hold about 52.9%; institutions about 27.3%.

Pros

  • Strong return on equity: 24.0% on average over the last 3 years.
  • Latest quarter (Jun 2026): sales up 18% and profit up 40% from a year ago.
  • Trades at 46.9 times earnings, below its 3-year median of 59.9.
  • Borrowings are moderate at 0.18 times shareholders' equity.
  • Pays a healthy dividend: about 56% of profit last year.

Cons

  • Trades at 10.5 times its book value.

Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.

AI analysis

Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.

About Asian Paints Limited

Asian Paints Limited, together with its subsidiaries, engages in the manufacture, distribution, and sale of paints, coatings, and products related to home decoration and bath fittings, kitchen, and wardrobe in India, Asia, the Middle East, Africa, and the South Pacific region. The company offers wall coverings, waterproofing products, adhesives; and bath fittings and sanitaryware, modular kitchens and wardrobes, fabric, furnishings, rugs, decorative lightings, unplasticized polyvinyl chloride windows and door systems, furniture, textures and painting aids, and mechanized tools. It also provides color consultancy, projects, home painting services, waterproofing and wood solutions, and assure services; and interior and exterior wall finishes, enamels, tools, undercoats, thinners, and varnishers. The company offers its products under the Asian Paints, SCIB Paints, Apco Coatings, Asian Pain…

Employees
11,162
Head office
Mumbai
NSE industry
Consumer Durables

Peer comparison

Basic MaterialsConsumer DurablesSpecialty Chemicals

Part ofNifty 50Nifty 100Nifty 500

S.No.CompanyCMP ₹P/EMar Cap ₹ CrDiv Yld %NP Qtr ₹ CrQtr Profit Var %Sales Qtr ₹ CrQtr Sales Var %ROCE %
1.Asian Paints2,331.9046.92,23,5461.171,55939.6010,54217.9424.4
2.Solar Industries India20,011.0090.91,81,0800.0665392.663,66870.2629.5
3.Pidilite Industries1,502.8057.81,53,0660.7688430.294,55221.2728.5
4.Berger Paints India473.9545.455,2630.8540528.563,58411.9720.6
5.Linde India6,184.5096.552,7440.07105-11.6769417.3216.3
6.Gujarat Fluorochemicals4,402.9079.148,3660.0721919.021,58823.979.6
7.Himadri Speciality Chemical660.7041.533,3370.1223131.331,69157.9321.0
8.Acutaas Chemicals3,206.0068.226,2480.087418.853309.3227.7
9.Aether Industries1,538.6086.620,4220.006333.4532727.4912.1
10.Aarti Industries503.0034.418,2460.2015561.462,38722.477.5
Median: 57 Co.1,935.2536.66,6670.2722530.812,03921.8720.8

Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.

Quarterly Results

Consolidated figures in ₹ crore /

₹ CrJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
9,1828,4799,1038,7318,9708,0288,5498,3598,9398,5318,8679,24710,542
7,0616,7627,0477,0397,2766,7886,9136,9237,3147,0287,0867,4608,373
Operating Profit2,1211,7162,0561,6911,6941,2401,6371,4361,6251,5031,7811,7872,169
OPM %23%20%23%19%19%15%19%17%18%18%20%19%21%
197165139187156174143100193199161171241
Interest46515454556356534544485948
Depreciation198209220226228242256301301305313310304
Profit before tax2,0741,6221,9201,5991,5679281,4689991,4721,3531,4231,5892,058
26%26%26%22%27%29%27%32%27%28%29%27%26%
1,5751,2321,4751,2751,1876941,1287011,1171,0181,0741,1851,559
EPS in Rs16.1712.5715.1013.1112.207.2511.587.2211.4710.3711.0612.2316.06
Raw filing

Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Latest quarter on the right.

Profit & Loss

Consolidated figures in ₹ crore /

₹ CrMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
17,26219,35020,21121,71329,10134,48935,49533,90635,58437,187
14,06515,82516,04916,85724,29828,22927,91027,89928,88829,947
Operating Profit3,1983,5254,1624,8564,8046,2607,5856,0066,6967,240
OPM %19%18%21%22%17%18%21%18%19%19%
221227304303380386688573724772
Interest35511029295144205227195199
Depreciation3604317817918168588531,0261,2291,232
Profit before tax3,0233,2703,5834,2764,1565,5957,2154,9625,8386,423
34%34%24%26%-120%27%25%28%28%27%
2,0982,2122,7743,2079,1674,1955,5583,7104,3954,837
EPS in Rs21.2622.5128.2032.7331.5942.8356.9538.2545.1249.72
Dividend Payout %47%47%86%56%

Compounded Sales Growth

5 Years:
10%
3 Years:
1%
TTM:
10%

Compounded Profit Growth

5 Years:
7%
3 Years:
2%
TTM:
33%

Stock Price CAGR

5 Years:
-6%
3 Years:
-9%
1 Year:
-3%

Return on Equity

4 Years:
24%
Last Year:
21%

Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.

Balance Sheet

Consolidated figures in ₹ crore, as at 31 March

₹ CrMar 2023Mar 2024Mar 2025Mar 2026
Equity Capital96969696
Reserves15,89618,63219,30421,276
1,9332,4742,2903,929
7,8738,7218,6819,234
Total Liabilities25,79829,92430,37134,534
6,3749,00110,06011,100
CWIP1,0202,6981,4291,935
18,40418,22518,88221,500
Total Assets25,79829,92430,37134,534

Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.

Cash Flows

Consolidated figures in ₹ crore, financial years ending March

₹ CrMar 2023Mar 2024Mar 2025Mar 2026
4,1936,1044,4247,088
-1,275-2,518-874-1,334
-2,140-2,983-3,753-2,377
Net Cash Flow779603-2033,378
Free Cash Flow2,7483,6082,5945,601

Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.

Ratios

RatioMar 2023Mar 2024Mar 2025Mar 2026
ROE25.7%31.5%19.2%21.2%
ROCE32.6%35.3%24.0%24.4%
Operating margin16.0%19.1%14.7%15.8%
Net margin11.9%15.4%10.8%12.2%
Debt / equity0.120.130.120.18
Current ratio2.092.062.092.21
Debtor days49504746
Inventory days107107125104
Days payable63717371
Cash conversion cycle93869979
Working capital days929396113

Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; cash conversion cycle = debtor + inventory − payable days; working capital days = (current assets − current liabilities) ÷ sales × 365.

Shareholding Pattern

Numbers in percentages · as filed with NSE each quarter

  • Promoters 52.63%
  • FIIs 13.32%
  • DIIs 20.77%
  • Public 13.20%
%Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters52.63%52.63%52.63%52.63%52.63%52.63%52.63%52.63%52.63%52.63%52.63%52.63%
17.65%17.32%15.89%15.27%15.28%13.61%12.22%11.85%11.64%12.78%12.11%13.32%
10.05%10.58%11.66%12.36%13.16%14.06%15.58%21.04%21.58%21.14%21.81%20.77%
19.63%19.44%19.79%19.69%18.88%19.66%19.52%14.41%14.09%13.39%13.40%13.20%
No. of Shareholders9,85,2169,75,31911,05,32611,11,6019,75,80711,92,87612,13,83611,71,14511,08,40410,00,99910,01,7999,59,219

Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.

Mutual funds & institutions holding Asian Paints

Holder (above 1%)Stake
Life Insurance Corporation Of IndiaInsurance8.11%
SBI Mutual FundMutual fund · see the fund house4.31%
ICICI Prudential Mutual FundMutual fund · see the fund house1.84%

As named in the shareholding pattern for Jun 2026 filed with NSE; mutual funds together hold 10.09% of the company. Shareholders below 1% are not named in the filing.

Documents

Announcements

All announcements on NSE →

Concalls & investor meets

Filings made by the company with NSE; documents open on NSE's website.

Key dates

Results announced
29 Oct 2026
Ex-dividend date
23 Jun 2026
Latest quarter
30 Jun 2026
Financial year end
31 Mar 2026

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Latest news

From the company (NSE)

Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.

Questions about Asian Paints Limited

What is the share price of Asian Paints Limited today?
Asian Paints Limited (ASIANPAINT) last traded at ₹2,331.90 on NSE (16 Oct 2026, 3:29 PM IST). Prices may be delayed.
What is the market cap of Asian Paints Limited?
About ₹2,23,546 crore at the latest price.
What is the P/E ratio of Asian Paints Limited?
About 46.9 times its earnings over the last 12 months.
Is Asian Paints Limited a good investment?
We do not give views on individual shares. Whether any share suits you depends on your goals, time horizon and risk appetite; for long-term goals, a diversified mutual fund is often a simpler way to own shares. Investments in securities markets are subject to market risks.
How can I buy Asian Paints Limited shares?
You need a trading and demat account with a SEBI-registered stock broker. We can help you open one through Parshvanath Investments, an Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539). We provide execution and account service only, not tips or research.
Important. Prices from NSE via Yahoo Finance. Quarterly and annual results, shareholding and documents are taken from the filings the company made with NSE; balance sheet, cash flow and valuation figures are compiled by Yahoo Finance; ratios are computed by us from them. Figures may be delayed or revised. This page is for information only: it is not research, a recommendation or an offer to buy or sell any security. Investments in securities markets are subject to market risks; read all related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934); share broking is offered through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539).
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