Business description: Asian Paints Limited

Asian Paints is the Indian No. 1 and world's No. 3 in manufacturing and marketing paints and surfaces coating products. Net sales by product family and services as follows:

- paints and surfaces coating products (98.9%): decorative and industrial paints, enameling products, wood varnishes and car paints under Apex, Ace, Roÿale, Utsav, Tractor, Premium, Berger, Scib, Apco and Taubmans brands;

- home improvement services (1.1%).

Number of employees: 11,162

Sales by Activity: Asian Paints Limited

Fiscal Period: March 2022 (INR) 2023 (INR) 2024 (INR) 2025 (INR) 2026 (INR)

Paints and Decor

- 344B 354B 339B 356B

Paints

283B - - - -

Inter-Segment Revenue

-66.2M - - - -

Home Improvement

7.58B - - - -

Geographical breakdown of sales: Asian Paints Limited

Fiscal Period: March 2022 (INR) 2023 (INR) 2024 (INR) 2025 (INR) 2026 (INR)

India

262B 342B 353B 336B 353B

Exports

28.95B 2.33B 1.61B 2.41B 2.71B

Executive Committee: Asian Paints Limited

Manager TitleAgeSince
Chief Executive Officer 59 31/03/2020
Director of Finance/CFO - 26/11/2019
Chief Tech/Sci/R&D Officer - 20/04/2025
Sales & Marketing - -
Human Resources Officer - -

Composition of the Board of Directors: Asian Paints Limited

Director TitleAgeSince
Director/Board Member 58 21/10/2018
Director/Board Member 50 20/10/2013
Director/Board Member 45 31/12/2002
Director/Board Member 59 31/03/2020
Chairman 77 30/09/2023
Director/Board Member 66 20/10/2021
Director/Board Member 49 28/02/2022
Director/Board Member 57 24/07/2023
Director/Board Member 66 25/10/2023
Director/Board Member 58 31/03/2024

Shareholders: Asian Paints Limited

NameStocks%Valuation
Geetanjali Trading & Investments Pvt Ltd.
16.27 %
156,036,391 16.27 % 4 348 M ₹
SBI Funds Management Ltd. (Investment Management)
4.262 %
40,883,073 4.262 % 1 139 M ₹
2.952 %
28,313,860 2.952 % 789 M ₹
Shubhit Holdings Pvt Ltd.
2.414 %
23,150,730 2.414 % 645 M ₹
Sudhanava Investment & Trading Co. Pvt Ltd.
1.981 %
19,001,760 1.981 % 529 M ₹

Company details: Asian Paints Limited

Asian Paints Ltd.

Asian Paints House

400055, Mumbai

+91 22 6218 1000

http://www.asianpaints.com
address Asian Paints Limited(ASIANPAINT)

Group companies: Asian Paints Limited

NameCategory and Sector
Asian Paints (Polymers) Pvt Ltd.
Industrial Specialties
Electrical Products

Paint & Coating

Change 5-day change 1-year change 3-year change Capi.($)
+0.13%+1.88%+13.27%-23.51% 26.77B
-2.33%-1.63%-4.84%+21.50% 79.35B
-1.41%+1.63%+1.02%-22.72% 25.79B
+1.46%+2.02%-9.22%-5.04% 15.65B
-3.28%-0.86%-8.79%+9.31% 12.97B
-0.52%-0.31%-3.74%-22.51% 11.23B
-0.68%+0.16%+8.15%+0.03% 6.87B
+3.17%+3.61%-10.49%-12.10% 5.94B
+0.54%-0.20%+30.63%+18.71% 2.89B
-0.54%-0.23%-30.29%-47.88% 2.87B
Average -0.35%+0.01%-1.43%-8.42% 19.03B
Weighted average by Cap. -1.22%-0.17%-1.62%+0.66%
Trader
Investor
Global
Quality
ESG MSCI
AA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
35
Last Close Price
2,691.40INR
Average target price
2,903.89INR
Spread / Average Target
+7.89%

Quarterly revenue - Rate of surprise

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