Asian Paints Limited Logo

Asian Paints Limited

ASIANPAINT.NS

(3.8)
Stock Price

3.293,85 INR

19.02% ROA

66.81% ROE

62.09x PER

Market Cap.

3.142.892.255.155,00 INR

14.05% DER

0.81% Yield

15.35% NPM

Asian Paints Limited Stock Analysis

Asian Paints Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Asian Paints Limited Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (59.65%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

The stock's ability to make a lot of money from its assets shows that it is very profitable, making it a good choice for people who want to invest and make a lot of money.

3 DER

The stock has a low debt to equity ratio (14%), which means it has a small amount of debt compared to the ownership it holds

4 Assets Growth

With a track record of consistent revenue growth in the past five years, this company presents a compelling opportunity.

5 Dividend Growth

The company's dividend growth has exhibited a remarkable upward trend over the past five years, consistently delivering higher returns to investors.

6 Dividend

Investors can trust the company's impressive dividend track record, consistently distributing dividends over the past five years, showcasing a strong commitment to rewarding shareholders.

7 Revenue Growth

With a track record of continuous revenue growth in the last three years, this company offers a promising investment opportunity

8 Net Profit Growth

The net profit of this company has shown steady growth over the past three years, highlighting its positive financial trajectory and making it an appealing choice for potential investors.

9 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (28.004) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

10 PBV

The stock's high Price-to-Book Value (P/BV) ratio (18.35x) suggests it's overvalued, potentially making it an expensive investment.

11 Graham Number

The Graham number of this company suggests that its stock price may be overvalued, indicating a less favorable investment opportunity.

Asian Paints Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Asian Paints Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Asian Paints Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Asian Paints Limited Revenue
Year Revenue Growth
2003 22.179.080.000
2004 25.605.220.000 13.38%
2005 30.210.350.000 15.24%
2006 36.699.730.000 17.68%
2007 44.043.300.000 16.67%
2008 54.632.300.000 19.38%
2009 66.809.400.000 18.23%
2010 77.062.400.000 13.3%
2011 96.322.400.000 20%
2012 109.586.800.000 12.1%
2013 126.356.300.000 13.27%
2014 140.597.000.000 10.13%
2015 153.857.700.000 8.62%
2016 151.400.100.000 -1.62%
2017 166.447.300.000 9.04%
2018 191.816.400.000 13.23%
2019 200.627.700.000 4.39%
2020 215.030.000.000 6.7%
2021 289.413.500.000 25.7%
2022 343.678.300.000 15.79%
2023 338.077.200.000 -1.66%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Asian Paints Limited Research and Development Expenses
Year Research and Development Expenses Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 872.600.000 100%
2019 836.300.000 -4.34%
2020 809.900.000 -3.26%
2021 905.900.000 10.6%
2022 1.054.099.999 14.06%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Asian Paints Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2003 126.980.000
2004 223.470.000 43.18%
2005 218.930.000 -2.07%
2006 241.370.000 9.3%
2007 430.300.000 43.91%
2008 985.900.000 56.35%
2009 12.590.800.000 92.17%
2010 0 0%
2011 6.313.200.000 100%
2012 353.600.000 -1685.41%
2013 558.300.000 36.66%
2014 540.700.000 -3.26%
2015 622.700.000 13.17%
2016 678.700.000 8.25%
2017 632.700.000 -7.27%
2018 563.300.000 -12.32%
2019 959.800.000 41.31%
2020 327.000.000 -193.52%
2021 366.000.000 10.66%
2022 353.800.000 -3.45%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Asian Paints Limited EBITDA
Year EBITDA Growth
2003 3.274.270.000
2004 3.677.190.000 10.96%
2005 4.227.820.000 13.02%
2006 5.149.280.000 17.89%
2007 7.201.800.000 28.5%
2008 7.284.600.000 1.14%
2009 13.385.000.000 45.58%
2010 13.924.400.000 3.87%
2011 16.502.900.000 15.62%
2012 18.243.500.000 9.54%
2013 21.206.000.000 13.97%
2014 23.788.000.000 10.85%
2015 29.166.000.000 18.44%
2016 32.098.000.000 9.13%
2017 34.128.800.000 5.95%
2018 37.274.600.000 8.44%
2019 44.338.500.000 15.93%
2020 50.663.500.000 12.48%
2021 50.753.200.000 0.18%
2022 67.401.700.000 24.7%
2023 76.422.400.000 11.8%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Asian Paints Limited Gross Profit
Year Gross Profit Growth
2003 9.296.760.000
2004 10.262.560.000 9.41%
2005 11.762.890.000 12.75%
2006 14.069.550.000 16.39%
2007 17.606.800.000 20.09%
2008 20.121.400.000 12.5%
2009 29.229.800.000 31.16%
2010 32.316.800.000 9.55%
2011 36.830.400.000 12.26%
2012 44.809.200.000 17.81%
2013 52.612.800.000 14.83%
2014 60.453.800.000 12.97%
2015 71.279.500.000 15.19%
2016 66.614.500.000 -7%
2017 69.053.300.000 3.53%
2018 77.854.800.000 11.31%
2019 86.188.900.000 9.67%
2020 93.462.600.000 7.78%
2021 105.638.100.000 11.53%
2022 132.113.300.000 20.04%
2023 146.018.400.000 9.52%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Asian Paints Limited Net Profit
Year Net Profit Growth
2003 1.477.200.000
2004 1.812.540.000 18.5%
2005 2.098.230.000 13.62%
2006 2.830.900.000 25.88%
2007 4.280.500.000 33.87%
2008 4.194.800.000 -2.04%
2009 8.839.100.000 52.54%
2010 8.432.400.000 -4.82%
2011 10.205.800.000 17.38%
2012 11.138.800.000 8.38%
2013 12.188.100.000 8.61%
2014 13.951.500.000 12.64%
2015 17.262.100.000 19.18%
2016 19.394.200.000 10.99%
2017 20.389.300.000 4.88%
2018 21.594.900.000 5.58%
2019 27.051.700.000 20.17%
2020 31.392.900.000 13.83%
2021 30.305.700.000 -3.59%
2022 41.064.500.000 26.2%
2023 48.216.800.000 14.83%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Asian Paints Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2003 2
2004 2 0%
2005 2 50%
2006 3 0%
2007 4 50%
2008 4 0%
2009 9 50%
2010 9 0%
2011 10 20%
2012 12 9.09%
2013 13 8.33%
2014 15 14.29%
2015 18 22.22%
2016 20 10%
2017 21 4.76%
2018 23 4.55%
2019 28 21.43%
2020 33 12.5%
2021 32 -3.23%
2022 43 26.19%
2023 50 16%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Asian Paints Limited Free Cashflow
Year Free Cashflow Growth
2003 2.045.920.000
2004 100.220.000 -1941.43%
2005 919.590.000 89.1%
2006 1.759.630.000 47.74%
2007 1.896.100.000 7.2%
2008 793.500.000 -138.95%
2009 6.678.500.000 88.12%
2010 6.051.800.000 -10.36%
2011 1.532.100.000 -295%
2012 5.430.100.000 71.79%
2013 11.507.900.000 52.81%
2014 7.339.100.000 -56.8%
2015 15.088.500.000 51.36%
2016 8.432.000.000 -78.94%
2017 6.874.600.000 -22.65%
2018 10.634.800.000 35.36%
2019 22.182.000.000 52.06%
2020 33.946.400.000 34.66%
2021 4.357.900.000 -678.96%
2022 27.478.200.000 84.14%
2023 0 0%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Asian Paints Limited Operating Cashflow
Year Operating Cashflow Growth
2003 2.487.800.000
2004 1.067.170.000 -133.12%
2005 1.786.770.000 40.27%
2006 2.696.700.000 33.74%
2007 4.976.600.000 45.81%
2008 3.894.000.000 -27.8%
2009 10.631.600.000 63.37%
2010 7.612.800.000 -39.65%
2011 8.263.700.000 7.88%
2012 11.867.900.000 30.37%
2013 14.000.000.000 15.23%
2014 11.876.900.000 -17.88%
2015 23.332.800.000 49.1%
2016 15.273.300.000 -52.77%
2017 21.134.400.000 27.73%
2018 22.142.700.000 4.55%
2019 26.318.900.000 15.87%
2020 36.833.500.000 28.55%
2021 9.864.900.000 -273.38%
2022 41.934.300.000 76.48%
2023 0 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Asian Paints Limited Capital Expenditure
Year Capital Expenditure Growth
2003 441.880.000
2004 966.950.000 54.3%
2005 867.180.000 -11.51%
2006 937.070.000 7.46%
2007 3.080.500.000 69.58%
2008 3.100.500.000 0.65%
2009 3.953.100.000 21.57%
2010 1.561.000.000 -153.24%
2011 6.731.600.000 76.81%
2012 6.437.800.000 -4.56%
2013 2.492.100.000 -158.33%
2014 4.537.800.000 45.08%
2015 8.244.300.000 44.96%
2016 6.841.300.000 -20.51%
2017 14.259.800.000 52.02%
2018 11.507.900.000 -23.91%
2019 4.136.900.000 -178.18%
2020 2.887.100.000 -43.29%
2021 5.507.000.000 47.57%
2022 14.456.100.000 61.91%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Asian Paints Limited Equity
Year Equity Growth
2003 5.294.770.000
2004 5.671.750.000 6.65%
2005 6.462.510.000 12.24%
2006 7.777.920.000 16.91%
2007 9.823.700.000 20.82%
2008 12.031.700.000 18.35%
2009 17.099.800.000 29.64%
2010 21.874.200.000 21.83%
2011 27.485.000.000 20.41%
2012 33.842.900.000 18.79%
2013 40.392.200.000 16.21%
2014 47.423.600.000 14.83%
2015 56.052.500.000 15.39%
2016 76.023.000.000 26.27%
2017 84.102.300.000 9.61%
2018 98.827.400.000 14.9%
2019 105.336.900.000 6.18%
2020 132.291.500.000 20.38%
2021 141.990.900.000 6.83%
2022 164.458.900.000 13.66%
2023 171.779.100.000 4.26%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Asian Paints Limited Assets
Year Assets Growth
2003 13.939.630.000
2004 15.236.710.000 8.51%
2005 17.062.180.000 10.7%
2006 20.240.740.000 15.7%
2007 25.242.200.000 19.81%
2008 28.328.000.000 10.89%
2009 37.845.800.000 25.15%
2010 45.940.900.000 17.62%
2011 58.962.100.000 22.08%
2012 67.889.600.000 13.15%
2013 80.394.300.000 15.55%
2014 89.124.800.000 9.8%
2015 101.433.300.000 12.13%
2016 124.197.600.000 18.33%
2017 137.830.800.000 9.89%
2018 156.613.300.000 11.99%
2019 161.547.700.000 3.05%
2020 203.696.200.000 20.69%
2021 229.844.500.000 11.38%
2022 257.980.000.000 10.91%
2023 274.220.100.000 5.92%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Asian Paints Limited Liabilities
Year Liabilities Growth
2003 7.947.050.000
2004 8.926.430.000 10.97%
2005 9.999.370.000 10.73%
2006 11.862.070.000 15.7%
2007 14.844.800.000 20.09%
2008 15.540.600.000 4.48%
2009 19.801.500.000 21.52%
2010 22.967.800.000 13.79%
2011 30.110.200.000 23.72%
2012 32.439.000.000 7.18%
2013 37.541.900.000 13.59%
2014 39.064.500.000 3.9%
2015 42.438.700.000 7.95%
2016 44.420.100.000 4.46%
2017 50.452.000.000 11.96%
2018 57.785.900.000 12.69%
2019 56.210.800.000 -2.8%
2020 71.404.700.000 21.28%
2021 87.853.600.000 18.72%
2022 93.521.100.000 6.06%
2023 102.441.000.000 8.71%

Asian Paints Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
364.6
Net Income per Share
52.79
Price to Earning Ratio
62.09x
Price To Sales Ratio
8.99x
POCF Ratio
23492.51
PFCF Ratio
23489.48
Price to Book Ratio
18.98
EV to Sales
9.04
EV Over EBITDA
39.57
EV to Operating CashFlow
23622.04
EV to FreeCashFlow
23622.04
Earnings Yield
0.02
FreeCashFlow Yield
0
Market Cap
3.142,89 Bil.
Enterprise Value
3.160,63 Bil.
Graham Number
452.93
Graham NetNet
15.83

Income Statement Metrics

Net Income per Share
52.79
Income Quality
0
ROE
0.62
Return On Assets
0
Return On Capital Employed
0
Net Income per EBT
0.73
EBT Per Ebit
1
Ebit per Revenue
0.21
Effective Tax Rate
0.25

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.43
Operating Profit Margin
0.21
Pretax Profit Margin
0.21
Net Profit Margin
0.15

Dividends

Dividend Yield
0.01
Dividend Yield %
0.81
Payout Ratio
0
Dividend Per Share
26.4

Operating Metrics

Operating Cashflow per Share
0.14
Free CashFlow per Share
0.14
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.26
Return on Tangible Assets
0.19
Days Sales Outstanding
46.42
Days Payables Outstanding
70.54
Days of Inventory on Hand
108.81
Receivables Turnover
7.86
Payables Turnover
5.17
Inventory Turnover
3.35
Capex per Share
0

Balance Sheet

Cash per Share
56,17
Book Value per Share
172,71
Tangible Book Value per Share
170.78
Shareholders Equity per Share
172.71
Interest Debt per Share
26.11
Debt to Equity
0.14
Debt to Assets
0.08
Net Debt to EBITDA
0.22
Current Ratio
1.99
Tangible Asset Value
163,77 Bil.
Net Current Asset Value
63,99 Bil.
Invested Capital
0.14
Working Capital
82,71 Bil.
Intangibles to Total Assets
0.03
Average Receivables
22,23 Bil.
Average Payables
19,71 Bil.
Average Inventory
30407800000
Debt to Market Cap
0.01

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Asian Paints Limited Dividends
Year Dividends Growth
2002 10
2003 10 0%
2004 9 -11.11%
2005 10 10%
2006 14 23.08%
2007 14 7.14%
2008 17 17.65%
2009 20 10.53%
2010 27 29.63%
2011 33 18.18%
2012 40 17.5%
2013 38 -8.11%
2014 6 -516.67%
2015 7 0%
2016 8 14.29%
2017 5 -75%
2018 9 50%
2019 11 27.27%
2020 12 8.33%
2021 18 33.33%
2022 20 5.26%
2023 26 26.92%

Asian Paints Limited Profile

About Asian Paints Limited

Asian Paints Limited, together with its subsidiaries, manufactures, sells, and distributes paints and coatings for decorative and industrial use in India and internationally. It operates in Paints and Home Improvement segments. The company offers decorative coatings for interior and exterior walls, metal finishes, and wood finishes; paints; wall coverings; textures painting aid; waterproofing; wall stickers; mechanised tools; adhesives; modular kitchens; wardrobes; bath fittings and sanitaryware; home décor products; sanitizers and surface disinfectants; furniture, furnishings; and lightings, as well as enamels and thinners. The company offers its products under the Asian Paints, Apco Coatings, Asian Paints Berger, Asian Paints Causeway, SCIB Paints, Taubmans, and Kadisco Asian Paints through a network of dealers and retail stores, as well as operates asianpaints.com, an online shop. Asian Paints Limited was founded in 1942 and is headquartered in Mumbai, India.

CEO
Mr. Amit Syngle
Employee
8.056
Address
Asian Paints House
Mumbai, 400055

Asian Paints Limited Executives & BODs

Asian Paints Limited Executives & BODs
# Name Age
1 Mr. Sumit Midha
Vice President of Retail Sales, Commercial & Marketing
70
2 Mr. Arun Nair
Manager of Corporate Communications
70
3 Savitha Shivsankar
Chief Human Resources Officer
70
4 Mr. Jitendra Kalra
Chief Executive Officer of Asian Paints PPG Private Limited
70
5 Mr. Rahul Bhatnagar
President of Project Sales, R&T and Industrial JVs
70
6 Mr. Ramalingam Jeyapandiyan Jeyamurugan
Chief Financial Officer, Company Secretary & Compliance Officer
70
7 Rajeev Kumar Goel
Senior Vice President of Technology
70
8 Mr. Amit Syngle
MD, Chief Executive Officer & Additional Director
70
9 Hiral Kumar Raja
AVice President of Accounts, SSC & Taxation
70
10 Pragyan Kumar
Chief Executive of Asian Paints International Private Limited
70

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