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: 11,111

Sales by Activity: Asian Paints Limited

Fiscal Period: March 2021 (INR) 2022 (INR) 2023 (INR) 2024 (INR) 2025 (INR)

Paints and Decor

- - 34TCr 35TCr 34TCr

Paints

21TCr 28TCr - - -

Inter-Segment Revenue

-1.65Cr -6.62Cr - - -

Home Improvement

508.71Cr 758.36Cr - - -
See all business segments

Geographical breakdown of sales: Asian Paints Limited

Fiscal Period: March 2021 (INR) 2022 (INR) 2023 (INR) 2024 (INR) 2025 (INR)

India

19TCr 26TCr 34TCr 35TCr 34TCr

Exports

2.49TCr 2.89TCr 232.63Cr 161.44Cr 241.25Cr
See all geographic segments

Executive Committee: Asian Paints Limited

Manager TitleAgeSince
Chief Executive Officer - 01/04/2020
Director of Finance/CFO - 27/11/2019
Chief Tech/Sci/R&D Officer - 21/04/2025
Corporate Officer/Principal - 01/03/2020
Comptroller/Controller/Auditor - 27/02/2015
See ASIAN PAINTS LIMITED governance

Composition of the Board of Directors: Asian Paints Limited

Director TitleAgeSince
Director/Board Member 58 22/10/2018
Director/Board Member 50 21/10/2013
Director/Board Member - 01/01/2003
Director/Board Member - 01/04/2020
Chairman 76 01/10/2023
Director/Board Member 66 21/10/2021
Director/Board Member 49 01/03/2022
Director/Board Member 57 25/07/2023
Director/Board Member 65 26/10/2023
Director/Board Member 57 01/04/2024
Composition of the Board of Directors

Shareholders: Asian Paints Limited

NameEquities%Valuation
Geetanjali Trading & Investments Pvt Ltd.
16.27 %
15,60,36,391 16.27 % 4 808 M ₹
SBI Funds Management Ltd.
5.227 %
5,01,41,124 5.227 % 1 545 M ₹
Siddhant Commercials Pvt Ltd.
4.899 %
4,69,87,850 4.899 % 1 448 M ₹
2.952 %
2,83,13,860 2.952 % 872 M ₹
Shubhit Holdings Pvt Ltd.
2.414 %
2,31,50,730 2.414 % 713 M ₹
List of ASIAN PAINTS LIMITED shareholders

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
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Paint & Coating

Change 5d. change 1-year change 3-years change Capi.($)
-2.03%-2.43%+21.93%-6.26% 2.91TCr
+0.48%+1.29%+1.09%+44.40% 8.82TCr
+0.14%+2.62%-8.33%-15.62% 2.47TCr
-1.37%-1.32%+7.16%-5.52% 1.54TCr
-0.82%-0.10%-12.34%+27.81% 1.42TCr
-0.94%-0.47%-0.03%-14.41% 1.17TCr
-0.12%+1.67%-7.47%+24.29% 716.19Cr
-0.92%+1.16%+10.96%+9.91% 667.99Cr
-0.90%-7.93%+43.87%-34.80% 452.45Cr
+0.18%+1.58%+21.81%+52.89% 282.76Cr
Average -0.63%-0.20%+7.87%+8.27% 2.05TCr
Weighted average by Cap. -0.33%+0.38%+3.63%+18.19%
See all sector performances
Trader
Investor
Global
Quality
ESG MSCI
AA
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
36
Last Close Price
2,756.90INR
Average target price
2,806.03INR
Spread / Average Target
+1.78%
Consensus

Quarterly revenue - Rate of surprise

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