Asian Paints

NSE: ASIANPAINT · Consumer Durables

₹2,359.68

▼ -1.68%

BUY

Illustrative research · not investment advice Demo price · quote unavailable · Fundamentals and research: sample dataset (30 Oct 2026)

Price chart

Illustrative price history · not actual market candles

A. Company overview

India's largest decorative paints company.

Market cap

₹2,47,91,340 Cr

Industry / Sector

Consumer Durables

Segments

Website

Visit ↗

DecorativeIndustrialHome Decor

B. Fundamental analysis (illustrative)

Revenue growth

+16.84%

Net profit growth

+8.10%

Operating margin

26.68%

EBITDA margin

32.84%

ROE

17.54%

ROCE

22.52%

Debt / Equity

1.57

EPS

₹99.69

Operating cash flow

₹34,608 Cr

Working capital

₹9,692 Cr

5-year revenue & profit (₹ Cr)

C. Financial statements (illustrative)

₹ Cr	FY22	FY23	FY24	FY25	FY26
Revenue	83,274	86,897	1,02,071	1,16,493	1,21,144
EBITDA	24,895	26,016	31,015	38,941	39,782
Net profit	15,559	16,260	19,384	24,338	24,864
EPS (₹)	69.78	77.76	85.73	93.71	101.68

D. Valuation analysis

P/E

23.67

P/B

11.96

EV/EBITDA

26.06

Price/Sales

1.05

EPS

₹99.69

Dividend yield

0.85%

Peer comparison — Consumer Durables

Company	CMP	P/E	P/B	ROE	D/E
Asian Paints	2,359.68	23.67	11.96	17.54%	1.57
Titan Company	3,438.05	31.62	1.88	14.15%	0.12

E. Technical analysis

RSI (14)

63.12

MACD

-9.51

Support

₹2,241.70

Resistance

₹2,501.26

Volume

2,22,03,395

Illustrative technical charts · not actual market history

Candlestick (last 50 sessions)

Price with 50-DMA & 200-DMA, volume

Fibonacci retracement levels

23.6% · ₹2286.73

38.2% · ₹2233.43

50.0% · ₹2190.34

61.8% · ₹2147.26

F. Shareholding pattern

Promoter60.55%

FII8.39%

DII5.46%

of which Mutual Funds2.9%

Public25.6%

G. SWOT analysis

Strengths

Established position in Consumer Durables
ROE of 17.54% in demo data

Weaknesses

Elevated leverage
Cyclical exposure

Opportunities

Domestic demand growth
Expansion in Decorative

Threats

Regulatory changes
Competitive intensity

Illustrative template points for demonstration.

H. Research conclusion

Financial strength

Moderate leverage to monitor

Business quality

High capital efficiency

Valuation

Reasonable valuation

Growth

Sales growth of 16.84%

Risk assessment

High risk

Overall

Illustrative BUY opinion · target ₹2,678.79 · stop loss ₹2,192.84

I. Corporate actions

Dividend history (₹/share)

Year	Dividend
FY22	16.05
FY23	17.25
FY24	18.45
FY25	19.66
FY26	20.86

Bonus, splits & announcements

Bonus history: none in demo dataset
Stock split history: none in demo dataset
Board meeting for quarterly results — demo announcement