Asian Paints Limited
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- Market Cap.:
- ₹3,106.84 billion
- Book Value:
- Revenue TTM:
- ₹350.03 billion
- Operating Margin TTM:
- Gross Profit TTM:
- ₹131.10 billion
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Asian Paints Limited had its IPO on under the ticker symbol ASIANPAINT.
The company operates in the Basic Materials sector and Specialty Chemicals industry. Asian Paints Limited has a staff strength of 8,056 employees.
Shares of Asian Paints Limited opened at ₹3260 at the start of the last trading session i.e. 2023-09-13.
The stocks traded within a range of ₹3243 - ₹3279.8, and closed at ₹3256.85.
This is a -0.08% slip from the previous day's closing price.
A total volume of 554,752 shares were traded at the close of the day’s session.
In the last one week, shares of Asian Paints Limited have increased by +0.66%.
Asian Paints Limited's Key Ratios
Asian Paints Limited has a market cap of ₹3,106.84 billion, indicating a price to book ratio of 21.9461 and a price to sales ratio of 9.2739.
In the last 12-months Asian Paints Limited’s revenue was ₹350.03 billion with a gross profit of ₹131.10 billion and an EBITDA of ₹65.95 billion. The EBITDA ratio measures Asian Paints Limited's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Asian Paints Limited’s operating margin was 17.24% while its return on assets stood at 13.99% with a return of equity of 27.38%.
In Q2, Asian Paints Limited’s quarterly earnings growth was a positive 52.5% while revenue growth was a positive 6.7%.
Asian Paints Limited’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at ₹48.25 per share while it has a forward price to earnings multiple of 60.9756 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Asian Paints Limited’s profitability.
Asian Paints Limited stock is trading at a EV to sales ratio of 9.2033 and a EV to EBITDA ratio of 50.9058. Its price to sales ratio in the trailing 12-months stood at 9.2739.
Asian Paints Limited stock pays annual dividends of ₹0 per share, indicating a yield of 0% and a payout ratio of 52.73%.
Balance sheet and cash flow metrics
- Total Assets
- ₹257.98 billion
- Total Liabilities
- ₹78.96 billion
- Operating Cash Flow
- Capital Expenditure
- Dividend Payout Ratio
Asian Paints Limited ended 2023 with ₹257.98 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹257.98 billion while shareholder equity stood at ₹159.92 billion.
Asian Paints Limited ended 2023 with ₹0 in deferred long-term liabilities, ₹78.96 billion in other current liabilities, 959200000.00 in common stock, ₹158.96 billion in retained earnings and ₹2.28 billion in goodwill. Its cash balance stood at ₹5.23 billion and cash and short-term investments were ₹51.34 billion. The company’s total short-term debt was ₹8,960,600,000 while long-term debt stood at ₹761.50 million.
Asian Paints Limited’s total current assets stands at ₹165.35 billion while long-term investments were ₹0 and short-term investments were ₹42.90 billion. Its net receivables were ₹46.37 billion compared to accounts payable of ₹36.35 billion and inventory worth ₹62.11 billion.
In 2023, Asian Paints Limited's operating cash flow was ₹0 while its capital expenditure stood at ₹0.
Comparatively, Asian Paints Limited paid ₹0.53 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Asian Paints Limited stock is currently trading at ₹3256.85 per share. It touched a 52-week high of ₹3566.9 and a 52-week low of ₹3566.9. Analysts tracking the stock have a 12-month average target price of ₹.
Its 50-day moving average was ₹3320.99 and 200-day moving average was ₹3058.9 The short ratio stood at 0 indicating a short percent outstanding of 0%.
Around 5458.1% of the company’s stock are held by insiders while 1697.7% are held by institutions.
Frequently Asked Questions About Asian Paints Limited
Similar Industry Stocks (Specialty Chemicals)
Asian Paints Limited, together with its subsidiaries, engages in the manufacturing, selling, and distribution of paints, coatings, and products related to home decoration and bath fittings in Asia, the Middle East, Africa, and the South Pacific region. The company offers wall coverings; textures painting aids; waterproofing products; wall stickers; mechanized tools; adhesives; modular kitchens and wardrobes; bath fittings and sanitaryware; decorative lighting products; furniture, furnishings, and rugs; and unplasticized polyvinyl chloride windows and door systems, as well as personalized interior design, safe painting, and color consulting services. It also provides interior and exterior wall finishes, wood finishes, enamels, undercoats, thinners, and varnishers; and sanitizers and surface disinfectants. 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.