ASIANPAINT

Asian Paints Share Price

₹2,887.30 -28 (-0.96%)

05 Nov, 2024 17:32

SIP TrendupStart SIP in ASIANPAINT

Start SIP

Performance

  • Low
  • ₹2,873
  • High
  • ₹2,919
  • 52 Week Low
  • ₹2,670
  • 52 Week High
  • ₹3,423
  • Open Price₹2,895
  • Previous Close₹2,915
  • Volume935,516

Investment Returns

  • Over 1 Month -6.03%
  • Over 3 Month -7.06%
  • Over 6 Month -1.45%
  • Over 1 Year -3.04%
SIP Lightning

Smart Investing Starts Here Start SIP with Asian Paints for Steady Growth!

Asian Paints Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.

  • P/E Ratio
  • 54.5
  • PEG Ratio
  • 5.7
  • Market Cap Cr
  • 276,949
  • P/B Ratio
  • 14.3
  • Average True Range
  • 61.65
  • EPS
  • 55.5
  • Dividend Yield
  • 1
  • MACD Signal
  • -54.74
  • RSI
  • 32.05
  • MFI
  • 39.03

Asian Paints Financial

IndicatorJun 24Mar 24Dec 23Sep 23Jun 23
Net Sales/Income from operations7,881.627,443.897,913.017,342.228,084.87
Total Income From Operations7,881.627,480.937,913.017,342.228,113.96
P/L Before Interest, Excpt. Items & Tax1,622.861,552.671,945.201,578.152,044.44
P/L Before Exceptional Items & Tax1,592.431,522.071,914.191,550.632,018.15
P/L After Tax from Ordinary Activities1,192.401,209.391,443.541,160.251,508.37
Net Profit/Loss For the Period1,192.401,209.391,443.541,160.251,508.37
IndicatorMar 24Mar 23
Revenue From Operations [Gross]30,727.7129,953.12
Revenue From Operations [Net]30,727.7129,953.12
Total Operating Revenues30,850.1230,078.40
Total Revenue31,674.6830,596.41
Total Expenses24,669.6425,106.81
Profit/Loss Before Tax7,005.045,489.60
Profit/Loss For The Period5,321.554,100.18
IndicatorMar 24Mar 23
Net CashFlow - Operating Activity5,737.844,221.65
Net Cash Used In Investing Activity-2,263.19-1,396.88
Net Cash Used in Finance Activity-2,974.48-2,184.87
Net Inc/Dec In Cash And Equivalent500.17639.90
Cash And Equivalent End Of Year3,204.662,704.49
IndicatorMar 24Mar 23
Total Share Capital95.9295.92
Total Non-Current Liabilities1,335.801,112.82
Total Current Liabilities6,221.015,831.46
Total Capital And Liabilities25,981.9022,529.84
Total Non-Current Assets11,428.698,654.11
Total Current Assets14,553.2113,875.73
Total Assets25,981.9022,529.84
Indicator20242023
EBIT Margin (%)23.0818.56
Return On Capital Employed (%)36.0333.43
Return On Equity (%)28.8826.30
Long Term Debt To Equity (%)0.190.31
Book Value/Share (INR)192.09162.48
IndicatorJun 24Mar 24Dec 23Sep 23Jun 23
Net Sales/Income from operations8,969.738,701.469,103.098,478.579,153.79
Total Income From Operations8,969.738,730.769,103.098,478.579,182.31
P/L Before Interest, Excpt. Items & Tax1,622.281,652.871,974.321,672.712,120.04
P/L Before Exceptional Items & Tax1,566.901,598.771,919.901,621.812,074.29
P/L After Tax from Ordinary Activities1,150.071,249.981,427.281,203.261,544.17
Net Profit/Loss For the Period1,150.071,249.981,427.281,203.261,544.17
IndicatorMar 24Mar 23
Revenue From Operations [Gross]35,382.1234,367.83
Revenue From Operations [Net]35,382.1234,367.83
Total Operating Revenues35,494.7334,488.59
Total Revenue36,182.6934,875.07
Total Expenses28,967.9229,231.22
Profit/Loss Before Tax7,214.775,594.98
Profit/Loss For The Period5,424.694,101.48
IndicatorMar 24Mar 23
Net CashFlow - Operating Activity6,103.604,193.43
Net Cash Used In Investing Activity-2,517.63-1,274.64
Net Cash Used in Finance Activity-2,982.50-2,140.05
Net Inc/Dec In Cash And Equivalent572.62771.04
Cash And Equivalent End Of Year3,626.953,054.33
IndicatorMar 24Mar 23
Total Share Capital95.9295.92
Total Non-Current Liabilities1,999.451,456.18
Total Current Liabilities8,500.967,895.93
Total Capital And Liabilities29,924.0925,798.00
Total Non-Current Assets12,387.039,262.84
Total Current Assets17,537.0616,535.16
Total Assets29,924.0925,798.00
Indicator20242023
EBIT Margin (%)20.9016.78
Return On Capital Employed (%)34.6332.33
Return On Equity (%)29.1525.67
Long Term Debt To Equity (%)0.290.47
Book Value/Share (INR)202.50171.45

Asian Paints Technicals

EMA & SMA

Current Price
₹2,887.30
-28 (-0.96%)
pointer
  • stock-down_img
  • Bullish Moving Average 0
  • stock-up_img
  • Bearish Moving Average 16
  • 20 Day
  • ₹3,019.42
  • 50 Day
  • ₹3,077.83
  • 100 Day
  • ₹3,066.81
  • 200 Day
  • ₹3,050.89

Resistance and Support

2920.98 Pivot Speed
  • R3 3,033.12
  • R2 2,997.63
  • R1 2,956.47
  • S1 2,879.82
  • S2 2,844.33
  • S3 2,803.17

Is Asian Paints Worth Buying?

You can only vote for once

Ratings

Master Rating

EPS Strenth

Price Strength

Buyer Demand

Group Rank

Asian Paints Ltd., is a leading provider of paints, coatings, and home décor solutions. The company offers a wide range of products and services, including wall paints, wallpapers, and interior design. Asian Paints has an operating revenue of Rs. 35,282.15 Cr. on a trailing 12-month basis. An annual revenue growth of 4% is not great, Pre-tax margin of 20% is great, ROE of 29% is exceptional. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 55 which is a POOR score indicating inconsistency in earnings, a RS Rating of 28 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C- which is evident from recent supply seen, Group Rank of 108 indicates it belongs to a poor industry group of Chemicals-Paints and a Master Score of D is close to being the worst. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment. Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation. (+)

Asian Paints Corporate Actions - Bonus, Splits, Dividends

Date Purpose Remarks
2024-11-09 Quarterly Results & Interim Dividend
2024-07-17 Quarterly Results
2024-05-09 Audited Results & Final Dividend
2024-01-17 Quarterly Results
2023-10-26 Quarterly Results & Interim Dividend
Date Purpose Remarks
2024-10-31 INTERIM Interim Dividend
2024-06-11 FINAL Rs.28.15 per share(2815%)Final Dividend
2023-11-03 INTERIM Rs.5.15 per share(515%)Interim Dividend
2023-06-09 FINAL Rs.21.25 per share(2125%)Final Dividend
2022-11-01 INTERIM Rs.4.40 per share(440%)Interim Dividend

Asian Paints F&O

Asian Paints Shareholding Pattern

52.63%
4.86%
7.83%
15.28%
0.01%
11.77%
7.62%

About Asian Paints

Asian Paints was founded in 1942 by four friends who did not hesitate to compete with the world's largest paint company operating in the country, then become India's most well-known paint company. Since 1967, the company has been the market leader in paints due to its strong consumer focus and innovative spirit. Asian Paints manufactures various decorative and industrial paints, wall coverings, adhesives, and services.

History

Asian Oil and Paint Company Pvt. Ltd. Founded in 1942, Asian Paints Ltd changed its name to Asian Paints (India) Pvt. Ltd. in 1965 it became a public limited company in 1973. Today the paints company is the world's 9th most extensive, Asia's 3rd and India's largest paint company. The Global giant has paint manufacturing plants in Gujarat, Tamil Nadu, Haryana and Maharastra and 65 foreign countries; in collaboration with Berger, International SCIB paints Apco coating and Taubmans, the company provides its products to 22 countries.

With a group turnover of Rs 289 billion, Asian Paints is India's largest paint company. Asian Paints operates in 15 countries and 26 paint manufacturing facilities worldwide, serving customers over 60 countries. Vertical integration has allowed Asian Paints to diversify into chemical products used in paint manufacturing, such as phthalic anhydride and pentaerythritol. 

The company has also recently launched three Furniture, Furnishings, and Lighting Products brands: Nilaya, Royale, and Ador. It has also introduced the 'Beautiful Homes Service,' a complete end-to-end solution that offers consumers personalized interior design services with a touch of professionalism.

The paint company introduced innovation in paint manufacture by starting a product line of paints such as Colour Worlds (Dealer Tinting Systems), Royale Play Special Effect, Home Solutions (painting solutions Service), Colour Next (Prediction of Colour Trends through in-depth research) and Kids World (painting solutions for kid's room). Asian paints also provide its decorative paint line comprising Interior walls, Wood, Exterior walls and Enamel finishes.

Market Capitalisation and Stock Information


Asian Paints, founded in 1942, became a public limited company in 1965 and is listed on the National Stock Exchange(NSE) and Bombay Stock Exchange (B.S.E.).

● The Face Value of shares is INR 1 each.

● The store is part of the S&P BSE 100 Index.

Shareholding Pattern

Asian Paints Ltd.'s Shareholding Pattern page displays the DII's holding, Shareholding by the general public, Promoter's holding, and F.I.I.s holding as follows:


● Total No Of Shares 959197790 (100%)

● Promoters Share 504785184 (52.63%)

● ForeignInstitutions 186530056 (19.45%)

● CentralGovt 403162 (0.04%)

● Others 70733659 (7.37%)

● General Public 123908317 (12.92%)

● FinancialInstitutions 42124436 (4.39%)

● GDR 223240 (0.02%)


Corporate Social Responsibility Information

Asian Paints stands tall on the threshold of significant achievement by working in all fairness and concern, enabling those who work with them to live better lives. The Asain Paints C.S.R. initiatives are as follows:

Improved Quality of Life for Asian Paint communities

Asian Paints, by its C.S.R. initiative, aims to improve the standard of living for those communities in the vicinity of their manufacturing plants. They have created developmental programmes for paint manufacturers and home improvement services providers to raise undesired communities' living standards by encouraging them to develop skills through vocational training. They aim to achieve that by focusing on four main areas:

Education

Asian Paints recognizes that education is crucial to enable social equality and eradicate poverty. In their, C.S.R. drives Asian Paints to promote education to the undesired community in the areas where they function. Some innovative initiatives are self-defence training for girls, Scholarships to encourage higher studies, workshops for soft skills development, etc.

Healthcare and Hygiene

Asian Paints encourages sanitation and healthcare facilities by investing their resources in them. Provision of safe drinking water, creating awareness through their 'Safar' initiative, etc.

Water Management 

Water is a necessary input in the manufacture of paints, and Asian paints strive to conserve water through wastewater treatment and water conservation projects.   

Vocational Training

The Asian Paints Colour Academy works with cutting-edge technology to help interested and basic-level painters to become experts. The Academy also offers children with zero painting skills vocational instruction in fundamental and specialized painting skills. Participants receive an NSDC certification based on National Occupation Standards established by the NSDC Construction Sector Skills Council.

Financial Information

Bottom Line

Asian paints recorded a drop of 29% in net profits. The net earnings for the second quarter of the financial year 2022 are INR 605.2 against the net profit of the second quarter of the financial year 2021, which was INR 853 Cr. Asian Paints' revenue, however, was INR 5350 Cr in the July-September quarter of the financial year 2021, but for the same quarter, the revenue rose by 32.6% to INR 7096.

Net Worth

However, slightly overvalued Asian Paints is showing a rise and is a fair investment stock.

(+)
  • NSE Symbol
  • ASIANPAINT
  • BSE Symbol
  • 500820
  • Managing Director & CEO
  • Mr. Amit Syngle
  • ISIN
  • INE021A01026

Asian Paints FAQs

Asian Paints share price is ₹2,887 As on 05 November, 2024 | 17:18

The Market Cap of Asian Paints is ₹276949.2 Cr As on 05 November, 2024 | 17:18

The P/E ratio of Asian Paints is 54.5 As on 05 November, 2024 | 17:18

The PB ratio of Asian Paints is 14.3 As on 05 November, 2024 | 17:18

Amit Syngle is the CEO of Asian Paints since 1 Apr, 2020.

The 10 Years CAGR of Asian Paints is 27%, 5 Years is 28%, 3 Years is 35% and 1 Year is 51%.

Asian Paints has an operating revenue of INR 26,121.27 Cr. on a trailing 12-month basis. Annual revenue growth of 7% is good, Pre-tax margin of 20% is great, ROE of 24% is exceptional. The company is debt-free and has a strong balance sheet enabling it to report stable earnings growth across business cycles.

You can easily buy the shares of Asian Paints Ltd . by opening a demat account with 5paisa. 

Q2FY23
Open Free Demat Account

Be a part of 5paisa community - The first listed discount broker of India.

+91
 
footer_form