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Asian Paints Ltd

ASIANPAINT
MaterialsPaints
LargecapWith a market cap of ₹2,69,295 cr, stock is ranked 27
Low RiskStock is 1.64x as volatile as Nifty
2,808.550.85 (+0.03%)

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Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

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MaterialsPaints
LargecapWith a market cap of ₹2,69,295 cr, stock is ranked 27
Low RiskStock is 1.64x as volatile as Nifty

Key MetricsEdit

No LabelNo Label
49.52
PB RatioPB Ratio
16.37
Dividend YieldDiv. Yield
0.91%
Sector PESector PE
26.70
Sector PBSector PB
3.45
Sector Div YldSctr Div Yld
2.59%

Forecast & RatingsDetailed Forecast 

24%

Analysts have suggested that investors can buy this stock

Price

Price Upside

Pro Only

Earnings

Earnings Growth

Pro Only

Revenue

Rev. Growth

Pro Only

See Detailed Forecast

Company Profile

Asian Paints Limited is a paint company. The Company is engaged in the business of manufacturing, selling and distribution of paints, coatings, products related to home decor, bath fittings and providing of related services.

Brands

Asian Paints

Paints company

Investor PresentationView older 

Jul 25, 2023

PDF
View Older Presentations

Brands

Asian Paints

Paints company

Financial TrendFinancial statements 

202020212022202320.5722.0429.5134.972.713.143.034.11
Revenue
Profit
All values in ₹ Thousand cr.
See financial statements

Holdings TrendDetailed holdings 

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Mutual Fund Holding
Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

See detailed holdings

Recent EventsAll events 

Notice Of Shareholders Meetings-XBRL 
Announced OnApr 8, 2024

ASIAN PAINTS LIMITED has informed the Exchange about Notice of Shareholders Meeting for Postal Ballot | Download

ASIAN PAINTS LIMITED has informed the Exchange about Notice of Shareholders Meeting for Postal Ballot | Download

Shareholders meeting 
Announced OnApr 8, 2024

We invite your attention to our letter nos. APL/SEC/32/2023-24/90 and APL/SEC/32/2023-24/92 dated 28th March 2024, wherein it was informed that the Board of Directors at their meeting held on 28th March 2024 had, inter alia, appointed:1. Dr. Gopichand Katragadda (DIN: 02475721) as an Additional Director in Independent capacity to hold office for a period of five consecutive years from 1st April 2024 to 31st March 2029, subject to the approval of the shareholders of the Company through Postal Ballot; and2. Joshi Apte & Associates, Cost Accountants (Firm Registration No. 000240), as the Cost Auditors of the Company to audit the applicable cost accounting records of the Company's products for the financial year ended 31st March 2024 to fill the casual vacancy caused by the vacation in office of RA & Co., Cost Accountants. The remuneration payable to Joshi Apte & Associates, Cost Accountants shall be subject to ratification by the shareholders of the Company through Postal Ballot.In this regard, please find enclosed the Notice of Postal Ballot (Notice) together with the Explanatory Statement being sent to the members of the Company.In compliance with the provisions of the General Circular No. 09/2023 dated 25th September 2023 and other relevant Circulars issued by the Ministry of Corporate Affairs from time to time, this Notice is being sent only through electronic mode to all the members whose e-mail addresses are registered with the Company/Depositories and whose names appear in the Register of Members of the Company or Register of Beneficial Owners maintained by the Depositories as on Saturday, 30th March 2024 (Cut-off date).The Company has engaged the services of National Securities Depository Limited (NSDL) to provide remote e-voting facility to its members. The remote e-voting period commences on Tuesday, 9th April 2024 at 9.00 a.m. (IST) and ends on Wednesday, 8th May 2024 at 5.00 p.m. (IST). The remote e-voting module shall be disabled by NSDL thereafter.The results of the Postal Ballot will be announced on or before 5.00 p.m. IST on Friday, 10th May 2024.This is for your information and record. | Download

We invite your attention to our letter nos. APL/SEC/32/2023-24/90 and APL/SEC/32/2023-24/92 dated 28th March 2024, wherein it was informed that the Board of Directors at their meeting held on 28th March 2024 had, inter alia, appointed:1. Dr. Gopichand Katragadda (DIN: 02475721) as an Additional Director in Independent capacity to hold office for a period of five consecutive years from 1st April 2024 to 31st March 2029, subject to the approval of the shareholders of the Company through Postal Ballot; and2. Joshi Apte & Associates, Cost Accountants (Firm Registration No. 000240), as the Cost Auditors of the Company to audit the applicable cost accounting records of the Company's products for the financial year ended 31st March 2024 to fill the casual vacancy caused by the vacation in office of RA & Co., Cost Accountants. The remuneration payable to Joshi Apte & Associates, Cost Accountants shall be subject to ratification by the shareholders of the Company through Postal Ballot.In this regard, please find enclosed the Notice of Postal Ballot (Notice) together with the Explanatory Statement being sent to the members of the Company.In compliance with the provisions of the General Circular No. 09/2023 dated 25th September 2023 and other relevant Circulars issued by the Ministry of Corporate Affairs from time to time, this Notice is being sent only through electronic mode to all the members whose e-mail addresses are registered with the Company/Depositories and whose names appear in the Register of Members of the Company or Register of Beneficial Owners maintained by the Depositories as on Saturday, 30th March 2024 (Cut-off date).The Company has engaged the services of National Securities Depository Limited (NSDL) to provide remote e-voting facility to its members. The remote e-voting period commences on Tuesday, 9th April 2024 at 9.00 a.m. (IST) and ends on Wednesday, 8th May 2024 at 5.00 p.m. (IST). The remote e-voting module shall be disabled by NSDL thereafter.The results of the Postal Ballot will be announced on or before 5.00 p.m. IST on Friday, 10th May 2024.This is for your information and record. | Download

Cash Dividend 
Ex. DateNov 3, 2023

Interim • Div/Share: ₹ 5.15

See all events