Asian Paints Overview
Asian Paints Limited is one of the leading paint companies in India and Asia. Asian Paints was established in 1942, the company operates in about 65 countries including India, Bangladesh, Nepal, Sri Lanka, Singapore, Fiji, Indonesia and the Middle East. It is headquartered in Mumbai, Maharashtra (India).
Asian Paints is known for its diverse range of Decorative and industrial paints, enamels and coatings paints. The company’s products cater to a wide range of industries including construction and infrastructure. It also provides services like home decor like wallpapers, laminates and bath fittings.
The company’s brand portfolio includes popular names such as Royale, Apex, Tractor Emulsion and Asian Paints Ultima. These brands have become the most loved products in the domestic market in India, and the company’s marketing campaigns have been successful in establishing it as a strong brand.
Along with its core business of paint manufacturing, Asian Paints has expanded its services into other areas such as home improvement services and home automation.
The company’s subsidiary, Sleek International, offers Modular Kitchens & Wardrobes, while some of the subsidiaries offer Home Solutions, Professional Painting & Waterproofing Services.
Asian Paints has a strong distribution network comprising of over 65,000+ Dealers and Retailers across India. In addition, the company also operates more than 50,000 color consultancy centers,
Which helps customers to choose the right color for their homes and offices. This helps a lot to the customers.
The company has not shied away from investing heavily in research and development to develop new products that meet the changing needs of the customers. Its R&D center in Mumbai is equipped with state-of-the-art facilities.
Asian Paints has also adopted a sustainable business model, and has consistently worked towards environmental and social sustainability and its efforts have earned it several awards and accolades.
The company has also taken up various initiatives like water conservation, waste management and energy conservation to reduce its environmental impact.
It also runs several social initiatives like Project Saksham, which provides education and vocational training to needy youth.
Looking at the financial performance of the company, Asian Paints has been consistently profitable over the years in terms of financial performance as well.
Along with this the company has an experienced and efficient administration team.
Due to which the company has also been recognized as one of the best employers in India, and it also provides a safe and good working environment to its employees.
Thus Asian Paints is a leading paint company with a diverse product portfolio, a strong distribution network. The company’s focus on innovation, customer service and social responsibility has helped it build a strong brand identity and become one of India’s most respected companies.
Asian Paints Business Model
The business model of Asian Paints works on innovation, customer service and sustainable practices. The company’s core business is based on the manufacture and distribution of paints, enamels and coatings for decorative and industrial use. However, it has also expanded into other areas such as home improvement services and home automation.
One of the key aspects of Asian Paints’ business model is its strong focus on innovation. The company invests heavily in research and development to develop new products and technologies.
In order to meet the growing and changing demands of the customers, the company has set up its R&D center in Mumbai which is equipped with state-of-the-art facilities.
More than 200 scientists work in this and work to develop new products keeping in mind the needs of the customers.
Asian Paints also has a strong distribution network consisting of a large number of dealers and retailers across India through which the company provides real time service to its customers.
The same company also runs consulting centers to provide more convenience to the customers, who provide various types of paint related advice to the customers. The company’s distribution network enables it to reach customers in both urban and rural areas, making it one of the leading paint brands in India. becomes one of the most accessible paint brands in the
The company has about 26 manufacturing facilities established in about 16 countries including subsidiaries that provide its services to more than 65 countries globally.
The company’s customer service is a special and important aspect of its business model. It offers a range of services like Color Consultancy, Painting & Waterproofing Services and Home Automation Solutions to provide a variety of convenience to the customers.
It provides a variety of services to the customers including answering their different queries. Its subsidiaries, Home Solutions and Sleek International, Modular Kitchens and Wardrobes provide different types of painting and home improvement services.
It not only attracts the customers towards the company and gives an experience to the customers but also earns a large portion of the revenue.
Asian Paints has also adopted a sustainable business model which also works on reducing its environmental impact and promoting social awareness. The company has kept its commitment towards various types of environmental protection while reducing its carbon footprint and at the same time it also continuously strives to provide support to the society.
Talking about revenue generation, the business model of Asian Paints depends on both direct and indirect sales. The company’s direct sales may include its subsidiaries, Home Solutions and Sleek International, while indirect sales may include the sale of its products through dealers and retailers.
Asian Paints’ revenues are further diversified through its product portfolio, which includes a wide range of decorative and industrial paints, enamels and coatings.
Along with this, the most essential and important thing is that the company has a great management team which continuously gives the best services in the development of the company.
In conclusion, it can be said that, the business model of Asian Paints is primarily based on innovation and paying special attention to the changing needs of the customers. The company’s focus on R&D, customer service and social responsibility has helped it build a strong brand image and become one of India’s most respected companies.
Its diversified product portfolio, strong distribution network and focus on ethical practices make it one of the leading companies in the paint industry in India and Asia.
Performance Of Asian Paints
To install Asian Paints ltd. Paints has been a consistent performer in the industry, delivering healthy revenue and profit growth over the years which can be summed up as:-
Asian Paints continued to report strong revenue growth, driven by both volume growth and price increases. In the financial year 2022, the company recorded a revenue of approximately ₹ 29,481 crores,
Which was an increase compared to the previous year. The company’s revenue growth has been driven by its strong distribution network, brand equity and growth drive with focus on innovation.
Asian Paints has also marched ahead by consistently increasing profits over the years. In the financial year 2022, the company recorded total assets of approximately ₹ 22,984 crore, an increase over the previous year. Due to the profitability of the company, the company is continuously moving towards growth.
Market Share The company has been a major player in the Indian pants industries with around 40% market share. The company has been able to maintain its leadership position in the market owing to its strong brand equity, diverse product portfolio and good and wide distribution network.
Asian Paints has also expanded its international presence in recent years by entering new markets such as Africa and the Middle East.
Return on equity (ROE):
Asian Paints has consistently delivered high return on equity, reflecting efficient use of capital and strong profitability. The company’s ROE in FY22 was around 22.77%, which can be considered higher than the industry average.
Asian Paints strives to always be at the forefront of innovation in the paint industry, acting as a catalyst for the development of new products and technologies that meet the changing needs of customers.
The company has invested heavily in R&D and has established its R&D center in Mumbai which is equipped with state-of-the-art facilities.
Some of the new products launched by the company in recent years include Royal Atmos, which purifies indoor air, and Tractor Emulsion Shine, which provides a glossy finish to walls.
In this way, the company produces its products keeping in mind the needs and demands of different customers.
The company is continuously moving towards development by fulfilling its responsibility towards environmental stability and the company has been continuously seen working for environmental protection in every way.
Overall, it can be understood that Asian Paints has been consistently performing well in the paint industry, delivering strong revenue and profit growth, striving to maintain its market leadership well and good and all these Generates high returns for investors between .
The company’s diversified product portfolio, strong distribution network and efficient operations have been the key factors in its success which are continuously taking the company towards growth.
Fundamental Analysis Of Asian Paints
Share Holders & Holding Pattern Of Asian Paints
|Shareholding Pattern – Asian Paints Ltd.|
|Holder’s Name||No of Shares||% Share Holding|
Services Given By Asian Paints
Share Price History Of Asian Paints
Similar Stocks Of Asian Paints
|Name||Last Price||Market Cap.|
|Net Profit||Total Assets|
History Of Asian Paints
Net Worth Of Asian Paints
Market capitalization of Asian Paints is ₹45.5 Billion.
Income Statement Analysis Of Asian Paints
- Operating income grew by 34.0% on a year-on-year (YoY) basis during the year.
- The company’s operating profit declined by 3.5% during the financial year. Operating profit margin saw a decline and stood at 16.1% in FY22, as against 22.4% in FY21.
- Depreciation charges increased by 3.2% respectively and finance cost increased by 4.1% respectively.
- Other income increased by 25.4%.
- Net profit declined by 3.9% for the year.
- Net profit margin declined during the year from 14.6% in FY21 to 10.5% in FY22.
|Financial Year||FY 2014||FY 2015||FY 2016||FY 2017||FY 2018||FY 2019||FY 2020||FY 2021||FY 2022||TTM|
Valuation Of Asian Paints(You Can Click On Chart For live)
Vision & Value Of Asian Paints
Products Of Asian Paints
Competitor Comparision Of Asian Paints
Compare with Similar Stocks
|Name||Current Value||Change||Change %||52W High||52W Low||% Upside||% Downside|
|Kansai Nerolac Paints||381.45||-1.15||-0.3%||535.90||358.05||28.61%||6.86%|
|Akzo Nobel India||2,312.00||-1.0||-0.04%||2,399.95||1,685.00||3.62%||37.27%|
|Kamdhenu Ventures Limited||218.70||1.4||0.64%||249.60||125.60||12.94%||73.01%|
|Kansai Nerolac Paints||381.10||-1.95||-0.51%||535.90||358.15||28.52%||6.95%|
|KAMDHENU VENTURES LIMITED||219.00||-3.55||-1.6%||249.70||131.00||10.87%||69.89%|
|MCON RASAYAN INDIA LTD||82.50||7.5||10.0%||96.25||62.50||22.08%||20.0%|
Speciality Of Asian Paints In Its Sector
Revenue Distribution By Sectors Of Asian Paints
Balance Sheet Analysis Of Asian Paints
|ALANCE SHEET OF ASIAN PAINTS (in Rs. Cr.)||MAR 22||MAR 21||MAR 20||MAR 19||MAR 18|
|12 mths||12 mths||12 mths||12 mths||12 mths|
|EQUITIES AND LIABILITIES|
|Equity Share Capital||95.92||95.92||95.92||95.92||95.92|
|TOTAL SHARE CAPITAL||95.92||95.92||95.92||95.92||95.92|
|Reserves and Surplus||13,253.17||11,995.18||9,357.37||8,747.04||7,702.24|
|TOTAL RESERVES AND SURPLUS||13,253.17||11,995.18||9,357.37||8,747.04||7,702.24|
|TOTAL SHAREHOLDERS FUNDS||13,349.09||12,091.10||9,453.29||8,842.96||7,798.16|
|Long Term Borrowings||16.16||14.31||18.50||10.89||9.87|
|Deferred Tax Liabilities [Net]||205.30||265.19||282.68||392.39||270.33|
|Other Long Term Liabilities||522.05||473.23||501.32||476.76||3.26|
|Long Term Provisions||168.29||163.51||136.78||118.48||107.35|
|TOTAL NON-CURRENT LIABILITIES||911.80||916.24||939.28||998.52||390.81|
|Short Term Borrowings||0.00||0.00||0.00||4.35||0.00|
|Other Current Liabilities||2,112.07||1,703.12||1,390.83||1,722.50||1,504.61|
|Short Term Provisions||38.08||57.91||44.14||52.27||42.85|
|TOTAL CURRENT LIABILITIES||5,647.44||4,575.33||3,195.05||3,841.41||3,398.96|
|TOTAL CAPITAL AND LIABILITIES||19,908.33||17,582.67||13,587.62||13,682.89||11,587.93|
|Deferred Tax Assets [Net]||0.00||0.00||0.00||0.00||0.00|
|Long Term Loans And Advances||0.00||0.00||64.11||76.00||79.08|
|Other Non-Current Assets||734.75||751.47||403.28||335.66||500.06|
|TOTAL NON-CURRENT ASSETS||7,160.41||7,626.13||7,761.92||7,629.54||6,086.84|
|Cash And Cash Equivalents||308.57||134.91||376.06||167.52||120.84|
|Short Term Loans And Advances||0.00||0.00||21.31||13.98||12.17|
|TOTAL CURRENT ASSETS||12,747.92||9,956.54||5,825.70||6,053.35||5,501.09|
|OTHER ADDITIONAL INFORMATION|
|CONTINGENT LIABILITIES, COMMITMENTS|
|CIF VALUE OF IMPORTS|
|Stores, Spares And Loose Tools||0.00||0.00||0.00||0.00||0.00|
|EXPENDITURE IN FOREIGN EXCHANGE|
|Expenditure In Foreign Currency||4,156.76||2,087.55||2,831.58||2,756.99||0.00|
|REMITTANCES IN FOREIGN CURRENCIES FOR DIVIDENDS|
|Dividend Remittance In Foreign Currency||—||—||—||—||—|
|EARNINGS IN FOREIGN EXCHANGE|
|FOB Value Of Goods||—||—||—||—||147.21|
|Bonus Equity Share Capital||93.99||93.99||93.99||93.99||93.99|
|Non-Current Investments Quoted Market Value||549.62||983.88||1,047.52||985.95||831.42|
|Non-Current Investments Unquoted Book Value||—||—||1,178.06||831.42||65.30|
|Current Investments Quoted Market Value||2,164.34||3,178.81||432.35||1,146.63||—|
|Current Investments Unquoted Book Value||—||—||—||—||—|
Annual Reports Of Asian Paints
Asian Paints Share Price Today Live Chart
Asian Paints Business Analysis
Financial Strength Of Asian Paints
Asian Paints Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030,2040
We here at financesharetargets. in is going to give you approximate information about Stock Predictions, Price Predictions and Targets for 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030 and 2040.
Please note one thing that this forecast, prediction or any target is only a suggestion given by our analysis. The forecast/prediction which will be correct is almost impossible.
Errors always exist in any analysis, but we try our best to give you good price stock predictions/predictions.
Asian Paints Share Price Target 2023
If we look at the share price of Asian paints on NSE, then from the third week of April, the company has given a return of about 2.86% for the past month. If we look at the returns of the same company for the last 5 years, then the company has given a return of about 143.56%.
Which is very good, the company has given good returns to its shareholders for many years in a row, the same company is continuously moving towards growth in the same way,
And a continuous increase in the share price of the company can be seen, due to which it can be estimated that the first target for Asian paints share price target 2023 can be achieved at ₹ 2,900 and the second target at ₹ 3,100.
Asian Paints Share Price Target 2024
Asian Paints Limited is one of the largest paint company in India and Asia and the company is continuously expanding its reach globally, the company currently provides its services to more than 65 countries.
In this way, the company has a large network globally and the way the company is continuously moving towards its growth by diversifying its portfolio.
The company can be expected to develop more in the coming time, due to which the first target for Asian paints share price target 2024 can be at ₹ 3110 and the second target at ₹ 3300.
Asian Paints Share Price Target 2025
The company is developing with a strong revenue and is growing continuously by increasing its revenue. Talking about the market cap of the company, it is a large cap company.
Whose market cap is around 2,75,000 crores, in this way the company is moving forward with a strong revenue, continuously increasing its revenue and profit. invests.
Through this, the company makes its products according to the needs and demands of the customers and by paying special attention to the customers, the company also provides some other facilities.
This is the reason that the company is successful in attracting more and more customers and this can also be understood as one of the main reasons for the growth of the company. According to our analysis, the first target for Asian paints share price target 2025 is ₹ 3310 and the second target is ₹ 3500, expecting a similar development from the company.
Asian Paints Share Price Target 2026
The company has a strong distribution network through which the company delivers its services from small to big cities, for this the company takes the help of distributors and retailers, through these the company is able to deliver its products to different customers on time. makes an effort
And various products of the company are available with distributors according to the demands of different regions, due to which customers can get their products as per their choice.
This can be understood as one of the main reasons that more and more customers like to join it, due to which the company also gets more profit from more customers.
And the company is constantly striving to earn the same kind of profit, due to which its share price can be expected to increase in the coming times along with the profit of the company. Given this, according to our analysis, the first target for Asian paints share price target 2026 can be at ₹3510 and the second target at ₹3700.
Asian Paints Share Price Target 2027
The company has a large number of manufacturing facilities with its subsidiaries spread across India as well as.There are 26 manufacturing facilities in around 16 countries serving the customers globally in more than 65 countries thus the company has a unique position globally.
And the company is continuously moving towards its expansion, in such a situation, its profit can be expected to increase as the company develops more in the coming times.
Due to which its share price will increase, better returns can also be expected, considering that according to our analysis, the first target for Asian paints share price target 2027 can be at ₹ 3710 and the second target at ₹ 3900.
Asian Paints Share Price Target 2028
Talking about its market share with the development of the company, the market share of the company is up to 40%, with which the company is a major leading company in Indian pants industries.
The company continues to grow with its strong brand equity and diverse product portfolio and is expanding its presence internationally as well.
In this way, the company is growing in India as well as internationally, with the hope of expanding the company in the coming times and earning more profits, according to our analysis, Asian paints share price target is the first target for 2028. ₹ 3910 and the second target can be at ₹ 4,100.
Asian Paints Share Price Target 2029
The company’s portfolio of various services includes interior home painting, exterior home, painting, waterproofing, wood solution, designer walls painting and interior design service in painting services such as modular kitchen, Light, wardrobes and flooring, furniture and accessories, bath fittings. is
In this way, the company has various services, through which the company is continuously moving towards its development, expecting similar development, according to our analysis, the first target for Asian paints share price target 2029 is ₹ 4110 and the second target is ₹ 4300.
Asian Paints Share Price Target 2030
Asian Paints company is constantly moving forward by focusing on innovation. The company uses it to meet the changing needs of the customers. Through this, the company is continuously working for the development of its products and techniques. uses the facilities.
So that the company can meet the needs of more and more customers, this can also be understood as one of the main factors in the development of the company and the way the company is continuously earning profit.
As per our analysis, the first target for Asian paints share price target 2030 can be at ₹4310 and the second target can be at ₹4500, expecting better returns with the company’s share price increasing in the near future.
Asian Paints Share Price Target 2040
The way Asian Paints is making a strong presence in the domestic and international market by expanding its products with its wide network and high quality products and changing needs of customers and is constantly striving to improve its products. |
And with all this, the company is moving forward paying special attention to its responsibilities towards innovation, environmental protection and society and is continuously striving to develop itself.
Due to this, the company’s share price can be expected to increase and better returns in the coming time, as per our analysis, the first target for Asian paints share price target 2040 is ₹ 5,000 and the second target is ₹ 5,000. May be at 5,100.
Cash Flow Statement Of Asian Paints
|Y/e 31 Mar ( In .Cr)||Mar-2022||Mar-2021||Mar-2020||Mar-2018|
|Profit before tax||4271.85||4275.75||3583.25||3068.48|
|Working capital 27,893||5548.85||2430.44||2062.89||1299.66|
|Other operating items||—||—||—||—|
|Free cash flow||14480.71||11063.15||8863.46||3868.57|
|Net in cash||32508.81||29651.42||22434.41||17170.26|
Profit & Loss Of Asian Paints (in Crores)
|Profit and Loss for the Year||3188.44||3051.80||2687.15||2132.17||1894.80|
|Non Recurring Items||-53.73||.00||-43.02||-26.36||8.00|
|Other Non Cash Adjustments||.00||.00||.00||.00||.00|
|Equity Dividend (%)||1815.00||485.02||1446.91||709.11||822.08|
|Shares in Issue (Lakhs)||9591.98||9591.98||9591.98||9591.98||9591.98|
|EPS – Annualised (Rs)||32.68||31.82||27.67||22.23||19.75|
Pe Ratio & Book Ratio Of Asian Paints
|KEY FINANCIAL RATIOS OF ASIAN PAINTS (in Rs. Cr.)||MAR 22||MAR 21||MAR 20||MAR 19||MAR 18|
|PER SHARE RATIOS|
|Basic EPS (Rs.)||32.68||31.82||27.67||22.23||19.75|
|Diluted EPS (Rs.)||32.68||31.82||27.67||22.23||19.75|
|Cash EPS (Rs.)||40.20||39.09||34.86||27.87||23.00|
|Book Value [ExclRevalReserve]/Share (Rs.)||139.17||126.05||98.55||92.19||81.30|
|Book Value [InclRevalReserve]/Share (Rs.)||139.17||126.05||98.55||92.19||81.30|
|Dividend / Share(Rs.)||19.15||17.85||12.00||10.50||8.70|
|Revenue from Operations/Share (Rs.)||262.60||193.04||179.25||170.89||147.70|
|Net Profit/Share (Rs.)||32.68||31.82||27.67||22.23||19.75|
|PBDIT Margin (%)||20.00||26.23||24.51||23.11||22.57|
|PBIT Margin (%)||17.14||22.47||20.49||19.81||20.37|
|PBT Margin (%)||16.65||22.08||19.85||19.34||20.22|
|Net Profit Margin (%)||12.44||16.48||15.43||13.00||13.37|
|Return on Networth / Equity (%)||23.48||25.24||28.07||24.11||24.29|
|Return on Capital Employed (%)||30.27||31.99||33.91||33.01||35.25|
|Return on Assets (%)||15.74||17.35||19.53||15.58||16.35|
|Total Debt/Equity (X)||0.00||0.00||0.00||0.00||0.00|
|Asset Turnover Ratio (%)||1.34||1.19||126.54||119.79||122.26|
|Current Ratio (X)||2.26||2.18||1.82||1.58||1.62|
|Quick Ratio (X)||1.32||1.49||0.94||0.90||0.98|
|Inventory Turnover Ratio (X)||3.29||2.86||6.08||6.34||6.50|
|Dividend Payout Ratio (NP) (%)||55.53||15.24||65.59||40.03||52.14|
|Dividend Payout Ratio (CP) (%)||45.14||12.40||52.06||31.93||44.78|
|Earnings Retention Ratio (%)||44.47||84.76||34.41||59.97||47.86|
|Cash Earnings Retention Ratio (%)||54.86||87.60||47.94||68.07||55.22|
|Enterprise Value (Cr.)||295,309.05||243,204.46||159,512.30||142,950.77||107,386.57|
|EV/Net Operating Revenue (X)||11.72||13.13||9.28||8.72||7.58|
|MarketCap/Net Operating Revenue (X)||11.74||13.14||9.30||8.73||7.59|
|Retention Ratios (%)||44.46||84.75||34.40||59.96||47.85|
|Price/Net Operating Revenue||11.74||13.14||9.30||8.73||7.59|
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About Investing In Asian Paints
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Investigating Industry Trends and Analyzing Any Investment Requires Thorough Research and Thinking.
We tell you some point points which you can read and ensure your investment: –
- To evaluate the company’s financial performance, growth potential and industry trends.
- To assess the management teams of the company and its track record.
- Evaluating the competitive position of the company, its financial strengths, weaknesses, executives and looking into the future.
- View company valuations and financial metrics that fall below the company’s value.
- If you want to reduce the risk of investment, then you can also go towards different companies and by looking at them you can make sure that you invest.
Current Status Of Asian Paints
Let us tell you the current status that the growth of this company has just gone down which is worrying, you can see it through the live chart provided by us.
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Expert Opinion On Asian Paints
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