Asianpaint
Current Price
₹ 2,226
Live Data
About Company
Asian Paints is the largest home decor company in India. The 80+yr old company has major brands like Asian Paints, Apco, etc under its umbrella. The co. is into wall paints, wall coverings, waterproofing, texture painting, wall stickers, mechanized tools, adhesives, modular kitchens, sanitaryware, lightings, soft furnishings, and uPVC windows.
Financial Ratios
Key fundamental data analysis
Market Cap
₹ 2,13,567 Cr.
Current Price
₹ 2,226
High / Low
₹ 2,986 / 2,115
Stock P/E
52.3
Book Value
₹ 204
Dividend Yield
1.11 %
ROCE
25.7 %
ROE
20.6 %
Face Value
₹ 1.00
Analysis
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.3%
- Company has been maintaining a healthy dividend payout of 61.1%
Cons
- Stock is trading at 10.9 times its book value
- The company has delivered a poor sales growth of 10.9% over past five years.
Quarterly Results
| Metrics | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 8637 | 8787 | 9182 | 8479 | 9103 | 8731 | 8970 | 8028 | 8549 | 8359 | 8939 | 8531 | 8867 |
| Expenses | 7025 | 6923 | 7061 | 6762 | 7047 | 7039 | 7276 | 6788 | 6913 | 6923 | 7314 | 7028 | 7086 |
| Operating Profit | 1611 | 1865 | 2121 | 1716 | 2056 | 1691 | 1694 | 1240 | 1637 | 1436 | 1625 | 1503 | 1781 |
| OPM % | 19 | 21 | 23 | 20 | 23 | 19 | 19 | 15 | 19 | 17 | 18 | 18 | 20 |
| Other Income | 122 | 104 | 228 | 194 | 186 | 212 | 193 | 25 | 193 | -60 | 229 | 237 | 69 |
| Interest | 41 | 39 | 46 | 51 | 54 | 54 | 55 | 63 | 56 | 53 | 44 | 44 | 48 |
| Depreciation | 214 | 220 | 198 | 209 | 220 | 226 | 228 | 242 | 256 | 301 | 301 | 305 | 313 |
| Profit before tax | 1478 | 1710 | 2105 | 1651 | 1968 | 1624 | 1604 | 959 | 1518 | 1022 | 1509 | 1392 | 1489 |
| Tax % | 26 | 26 | 25 | 25 | 25 | 21 | 26 | 28 | 26 | 31 | 26 | 27 | 28 |
| Net Profit | 1097 | 1258 | 1575 | 1232 | 1475 | 1275 | 1187 | 694 | 1128 | 701 | 1117 | 1018 | 1074 |
| EPS in Rs | 11.18 | 12.87 | 16.16 | 12.57 | 15.09 | 13.1 | 12.2 | 7.24 | 11.58 | 7.22 | 11.47 | 10.36 | 11.05 |
Profit & Loss
| Metrics | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 12220 | 13615 | 14271 | 15062 | 16825 | 19240 | 20211 | 21713 | 29101 | 34489 | 35495 | 33906 | 34696 |
| Expenses | 10217 | 11372 | 11546 | 12068 | 13621 | 15475 | 16049 | 16857 | 24298 | 28229 | 27910 | 27899 | 28350 |
| Operating Profit | 2004 | 2243 | 2725 | 2994 | 3204 | 3765 | 4162 | 4856 | 4804 | 6260 | 7585 | 6006 | 6346 |
| OPM % | 16 | 16 | 19 | 20 | 19 | 20 | 21 | 22 | 17 | 18 | 21 | 18 | 18 |
| Other Income | 124 | 142 | 213 | 338 | 336 | 274 | 350 | 332 | 296 | 431 | 821 | 350 | 475 |
| Interest | 48 | 42 | 49 | 37 | 41 | 110 | 102 | 92 | 95 | 144 | 205 | 227 | 189 |
| Depreciation | 246 | 266 | 276 | 335 | 360 | 622 | 780 | 791 | 816 | 858 | 853 | 1026 | 1220 |
| Profit before tax | 1834 | 2077 | 2614 | 2960 | 3138 | 3306 | 3629 | 4304 | 4188 | 5689 | 7348 | 5103 | 5412 |
| Tax % | 31 | 31 | 32 | 32 | 33 | 33 | 24 | 26 | 26 | 26 | 24 | 27 | - |
| Net Profit | 1263 | 1427 | 1803 | 2016 | 2098 | 2208 | 2774 | 3207 | 3085 | 4195 | 5558 | 3710 | 3910 |
| EPS in Rs | 12.71 | 14.54 | 18.19 | 20.22 | 21.26 | 22.48 | 28.2 | 32.73 | 31.59 | 42.81 | 56.92 | 38.23 | 40.1 |
| Dividend Payout % | 42 | 42 | 41 | 51 | 41 | 47 | 43 | 55 | 61 | 60 | 58 | 65 | - |