Asian Paints Limited Stock Price Today (NSE: ASIANPAINT)

Asian Paints Limited

ASIANPAINTPaints
2628.4067.90 (2.52%)
Market Open

Fundamental Score

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Asian Paints Limited Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Asian Paints Limited share price today is 2628.40, down 2.52% on NSE/BSE as of 21 August 2026. Asian Paints Limited (ASIANPAINT) is a Large-cap company in the Paints sector with a market capitalisation of 2.56L (Cr). The 52-week high for ASIANPAINT share price is 2985.70 and the 52-week low is 2115.00. At a P/E ratio of 57.67x, ASIANPAINT is currently trading above its industry average P/E of 35.85x. The company has a Return on Equity (ROE) of 21.79% and a debt-to-equity ratio of 0.18.

Asian Paints Limited Share Price Chart — NSE/BSE Historical Performance

No data
High
2762.40
Low
2579.90
Volume
10.9L
Change
+0.29%

Asian Paints Limited share price chart: 0.29% return over the past month. 52-week high ₹2985.70, 52-week low ₹2115.00.

Asian Paints Limited — Last 10 Trading Days

DateOpenHighLowCloseVolume
2663.102670.102610.102628.4010.17L (Cr)
2751.002751.002690.302696.306.67L (Cr)
2725.002755.502720.002755.505.79L (Cr)
2733.202748.402698.202740.006.48L (Cr)
2742.102747.602720.002735.509.51L (Cr)
2724.702761.502713.502750.009.78L (Cr)
2755.002755.002695.002735.0010.68L (Cr)
2788.002788.002741.602755.007.97L (Cr)
2787.002787.002748.702760.006.89L (Cr)
2774.902807.302732.402775.008.20L (Cr)

Asian Paints Limited — Last 12 Months Price History

MonthOpenHighLowCloseChange
2770.902810.002610.102628.40-5.14%
2648.002864.002579.902747.30+3.75%
2732.602808.332602.122635.70-3.55%
2460.002748.202415.002671.60+8.60%
2224.802582.002142.402444.50+9.88%
2300.002337.902115.002165.20-5.86%
2374.902525.002356.802376.20+0.05%
2775.902914.502400.502428.30-12.52%
2877.702985.702735.002769.50-3.76%
2496.202926.902479.702874.40+15.15%
2353.402550.802308.002510.80+6.69%
2518.002602.002329.202350.00-6.67%

AI Research Briefing

Powered by Gemini · 2026-04-08

Overvalued consumption play vulnerable to margin compression and demand slowdown.

Research Confidence
6.0/10Moderate
COMPOUNDERPositive momentum in the last 1M (14.21%) and 3M (12.9%) [cite: brief].Expensive; P/E of 68.47x significantly higher than the industry P/E of 40.32x [cite: brief].

WHAT'S HAPPENING NOW (last 2-4 weeks)

Asian Paints announced a 6-8% price hike across its product portfolio, implemented in two phases starting April 2026, to offset rising raw material costs linked to crude oil. The first phase, effective April 10, 2026, covered emulsions, enamels, primers, distempers, and the Neo Bharat range, with a sharper hike for thinners. The second phase, from April 21, 2026, applied to the remaining products, including waterproofing solutions, tile adhesives, and wood finishes.

CORE STORY (THE REAL GAME)

Asian Paints is a play on the Indian consumption story, specifically housing and home improvement, but with a premium valuation attached. The market is betting on its ability to consistently pass on raw material cost increases and maintain high growth rates, justifying its premium valuation relative to peers.

Why Now
  • Price hikes to offset rising input costs
  • Solid volume growth in decorative paints
  • Merger to improve operational efficiency
Potential Catalysts
  • Stronger-than-expected festive season demand
  • Further easing of crude oil prices
  • Successful integration of merged entities
Key Risks
  • Expensive valuation at P/E 68.47x vs industry P/E of 40.32x
  • High promoter pledged shares at 9.09%
  • Vulnerability to crude oil price fluctuations
Institutional Activity

FII decreased holdings by 0.21%, while DII increased by 0.52% [cite: brief].

Macro Context

Crude oil price volatility poses a significant headwind.

Cash Flow Quality

Free cash flow generation is strong, with ₹12894.84 Cr over the last 5 years [cite: brief].

3–6 Month Outlook

Next 3-6 months depend on the company's ability to pass on rising input costs and sustain volume growth. Monitor crude oil prices and demand trends closely.

Primary Thesis Risk

Inability to pass on rising input costs will crush margins and trigger a de-rating.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Excellent

Return on Equity (ROE)

21.79%

Profit generated per ₹1 of shareholder equity

Excellent

Return on Capital (ROCE)

26.34%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

18.60%

Average operating profit margin over 5 years

Good

Dividend Yield

1.03%

Annual dividend as % of current share price

Asian Paints Limited Valuation Check

Poor

Price to Earnings (P/E)

57.67x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

35.85x

Average P/E of all peers in this sector

Market-cap Classification
Large-cap
Established & liquid; typically steadier returns.

Shareholding Pattern

Excellent

Promoter Holding

52.63%

% shares held by company founders/management

Good

FII Holding

12.11%

% shares held by foreign institutional investors

Excellent

DII Holding

21.74%

% held by domestic mutual funds, LIC, banks

Poor

Promoter Pledged %

9.85%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

43.83%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

10.62%

Revenue growth vs same quarter last year

Average

Revenue Growth (5-Year CAGR)

10.38%

Compounded annual revenue growth over 5 years

Poor

EPS Growth (5-Year CAGR)

7.28%

Earnings per share growth over 5 years

Poor

Net Profit Growth (5-Year CAGR)

7.28%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.18x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

32.55x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

15.07K (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Asian Paints Limited Fundamental Analysis & Valuation Benchmarking

Educational evaluation of ASIANPAINT across key market metrics for learning purposes.

Positive Indicators

10 factors identified

Strong Return on Equity (21.79%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (26.34%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Strong Operating Margins (18.60%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Robust Profit Growth (43.83%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Conservative Debt Levels (D/E: 0.18)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (32.55x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Healthy Liquidity Position (Current Ratio: 2.09)

Observation: Strong short-term liquidity to meet obligations.

Analysis: Current ratio >1.5 indicates good working capital management.

Strong Cash Generation (₹15069.81 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Balanced Promoter Holding (52.63%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Strong Institutional Confidence (FII+DII: 33.85%)

Observation: Significant professional investor participation.

Analysis: High institutional holding often signals thorough due diligence.

Risk Factors

2 factors identified

Premium Valuation Risk (P/E: 57.67x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

High Price-to-Book Ratio (12.99x)

Observation: Trading at significant premium to book value.

Analysis: High P/B ratios may indicate overvaluation relative to asset base.

Asian Paints Limited vs Paints Peers

Peer Comparison - Paints

Compare Asian Paints Limited with 2 other companies in the same sector

3 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
56.9/100
2628
₹256178.56
57.7
Average
21.79%
Excellent
26.34%
Excellent
0.2
Excellent
7.28%
Good
10.38%
Good
1.03%
48.4/100
3159
₹13422.73
37.2
Average
19.10%
Good
22.73%
Excellent
0.0
Excellent
11.51%
Good
8.25%
Good
1.70%
74.7/100
222
₹131.71
13.7
Average
23.98%
Excellent
31.93%
Excellent
0.0
Excellent
62.08%
Excellent
27.13%
Excellent
1.88%

Asian Paints Limited PE Ratio History

Historical price-to-earnings ratio for ASIANPAINT — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 202538.25₹2769.5072.4x
FY 202456.94₹2281.3540.1x
FY 202342.82₹3402.4079.5x
FY 202231.59₹3087.9097.7x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Asian Paints Limited Dividend History

Annual cash dividends paid by ASIANPAINT — dividend yield 1.03%

Financial YearDividends Paid (₹ Cr)
FY 20253140.21 Cr
FY 20242550.88 Cr
FY 20231936.05 Cr
FY 20221762.80 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Asian Paints Limited Quarterly Performance

Latest quarterly metrics for ASIANPAINT — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

10.62%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

43.83%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

10.38%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

7.28%

Compounded annual net profit growth over 5 years

Asian Paints Limited Technical Indicators

SMA 50, SMA 200, RSI and volume signals for ASIANPAINT — calculated from daily price history

NaNRSI 14
Neutral — RSI NaN

Momentum is balanced — neither overbought nor oversold.

SMA 50
NaN
▼ Price below SMA 50 — Short-term bearish
SMA 200
NaN
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
1098K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Asian Paints Limited Financial Statements

Annual income statement, balance sheet and cash flow for Asian Paints Limited (ASIANPAINT) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Asian Paints Limited

About ASIANPAINT (Asian Paints Limited)

Asian Paints Ltd is a titan in the vibrant world of decorative and industrial coatings, a company whose brushstrokes have colored the landscapes of homes and industries across Asia... and beyond. From humble beginnings in India, the company has ascended to become a multinational powerhouse, driven by a relentless pursuit of innovation and a deep understanding of the diverse needs and tastes of its consumers. Asian Paints crafts a vast spectrum of pigments, textures, and protective finishes, transforming surfaces into canvases of self-expression and functionality. They blend cutting-edge technology with time-honored craftsmanship, ensuring that their products not only beautify but also endure, safeguarding structures against the elements and the wear and tear of daily life. Beyond the familiar sight of paint cans, Asian Paints has steadily expanded its portfolio to encompass a holistic vision of home enhancement. They offer an array of related products designed to curate living spaces that are both aesthetically pleasing and seamlessly functional. This includes durable waterproofing solutions to shield homes from the ravages of moisture, robust adhesives to bind materials with unwavering strength, and an assortment of other building and home improvement essentials. Their commitment to quality and customer satisfaction has established them as a trusted partner for builders, contractors, and homeowners alike, earning them a reputation for reliability and a legacy of enduring value. The company's sprawling distribution network spans continents, bringing its products to both bustling urban centers and remote rural communities. Asian Paints has cultivated a robust supply chain and a keen understanding of local markets, ensuring that its offerings are readily accessible to a diverse customer base. From the sun-drenched shores of the South Pacific to the bustling metropolises of the Middle East, their presence is felt, transforming environments and enriching lives with color and innovation. Driven by a commitment to sustainability and responsible manufacturing practices, Asian Paints strives to minimize its environmental footprint while continuing to paint a brighter future for generations to come.

Company Details

Symbol:ASIANPAINT
Industry:Paints
Sector:Paints

Key Leadership

Mr. Amit Syngle
MD, CEO & Director
Mr. Ramalingam Jeyapandiyan Jeyamurugan
CFO, Company Secretary & Compliance Officer
Ms. Savitha Shivsankar
Chief Human Resources Officer

ASIANPAINT Share Price: Frequently Asked Questions

What is the current share price of Asian Paints Limited?

Asian Paints Limited (ASIANPAINT) trades at ₹2628.40 on NSE and BSE. Market cap ₹2.56L (Cr). Educational data only.

What is the P/E ratio of Asian Paints Limited?

Asian Paints Limited has a P/E of 57.67x vs industry average 35.85x.

What is the Bull Run score for Asian Paints Limited?

Asian Paints Limited has a Bull Run score of 56.9/100 based on 25+ financial parameters.

Does Asian Paints Limited pay dividends?

Asian Paints Limited has a dividend yield of 1.03%. Past dividends don't guarantee future payments.

What is the ROE of Asian Paints Limited?

Asian Paints Limited has ROE of 21.79%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Asian Paints Limited?

Asian Paints Limited has debt-to-equity of 0.18.

Is Asian Paints Limited a good investment?

Bull Run gives Asian Paints Limited a score of 56.9/100. This is not investment advice — consult a SEBI-registered advisor.