Asian Paints

    ASIANPAINT
    Diversified
    ₹2472.50
    price as of 11/9/2026, 5:28:05 pm

    Market cap ₹2.37 L Cr

    P/E
    49.74
    Day range
    ₹2,442.80 – ₹2,472.50
    52-week range
    ₹2,115.00 – ₹2,985.70
    Volume
    6.53 L
    Open
    ₹2,453.20
    Prev close
    ₹2,498.10
    Promoters pledged 11.3% of their shares
    52-week range, adjusted for splits and bonuses
    ₹2,115₹2,985.7
    23 Mar 20264 Dec 2025
    Index membership & F&O
    NIFTY 50NIFTY 100NIFTY 200NIFTY 500F&O lot 250

    Price history

    6M change +10.78%RSI (14) 28.7 OversoldSMA 20 · 50 overlaid

    Price & delivery on the exchange

    NSE bhavcopy to 11 Sept 2026 · delivery 54.0% today vs 54.6% average · BSE close ₹2,470

    1 Apr23 Apr15 May5 Jun24 Jun15 Jul3 Aug21 Aug11 Sept₹2,000₹2,250₹2,500₹2,750₹3,0000%25%50%75%100%
    • Delivery
    • NSE close
    • BSE close

    High delivery with a rising price suggests buyers holding rather than trading the move.

    Futures & options

    NSE F&O close, 11 Sept 2026 · options expiring 29 Sept 2026

    Long unwinding
    Near-month future
    ₹2,469.8
    Change
    -0.92%
    Basis over spot
    −₹2.69
    Futures OI (shares)
    71.3 L
    OI change
    -1.30%
    Put-call ratio
    0.59
    Max pain
    ₹2,540
    Resistance (call OI)
    ₹2,600
    Support (put OI)
    ₹2,420
    Lot size
    250

    Open interest by strike

    Calls open above (resistance) and puts below (support), in shares

    208022002280234024002460252025802640270027602820288001.5 L3.0 L4.5 L6.0 Lspot
    • Call OI
    • Put OI

    Futures open interest and price

    Near-month future, day by day since collection began

    The daily history builds from each close.

    Key metrics

    P/E (TTM)
    53.0
    EPS (TTM)
    ₹49.68
    Price / Book
    11.16
    ROE (FY26)
    21.6%
    ROCE (latest year)
    26%
    Dividend yield
    1.10%
    Net margin (TTM)
    13.0%
    Current ratio
    2.21
    Debt / Equity
    0.12
    Revenue growth (5y)
    10.4%
    EPS growth (5y)
    6.6%

    Moving averages (NSE)

    Simple moving averages of the NSE price, and where the last price sits against each
    5-day10-day20-day50-day100-day300-day
    ₹2,530.7Price below₹2,581.31Price below₹2,629.65Price below₹2,678.49Price below₹2,642.86Price below₹2,605.32Price below

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +1.0%
    Profit 3Y CAGR
    +1.6%
    Revenue YoY (Jun 2026)
    +17.9%
    Profit YoY (Jun 2026)
    +39.6%
    Operating margin
    21.0%
    Net margin
    14.8%

    Revenue, profit & margin - quarterly

    Bars in ₹ crore (a loss shows red); line is operating margin

    Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Jun 20260 Cr3.0K Cr6.0K Cr9.0K Cr12.0K Cr0%6%12%18%24%
    • Revenue
    • Net profit
    • Operating margin

    Who owns the company

    Shareholding as of Jun 2026

    • Promoter
    • DII
    • FII
    • Public
    • Others
    • Government

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-4.0K Cr0 Cr4.0K Cr8.0K Cr12.0K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY260%9%18%27%36%15%

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); line is debt-to-equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260 Cr5.5K Cr11.0K Cr16.5K Cr22.0K Cr0.0x0.1x0.1x0.1x0.2x
    • Equity
    • Debt
    • Debt / equity

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Sales8,4799,1038,7318,9708,0288,5498,3598,9398,5318,8679,24710,542
    Expenses6,7627,0477,0397,2766,7886,9136,9237,3147,0287,0867,4608,373
    Operating Profit1,7162,0561,6911,6941,2401,6371,4361,6251,5031,7811,7872,169
    OPM %20%23%19%19%15%19%17%18%18%20%19%21%
    Other Income19418621219325193-6022923769197279
    Interest515454556356534444485948
    Depreciation209220226228242256301301305313310304
    Profit before tax1,6511,9681,6241,6049591,5181,0221,5091,3921,4891,6142,096
    Tax %25%25%21%26%28%26%31%26%27%28%27%26%
    Net Profit1,2321,4751,2751,1876941,1287011,1171,0181,0741,1851,559
    EPS in Rs₹12.57₹15.09₹13.10₹12.20₹7.24₹11.58₹7.22₹11.47₹10.36₹11.05₹12.22₹16.05

    From company filings, updated 11 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.

    Strengths, risks & growth

    Asian Paints is the largest home decor company in India. The 80+yr old company has major brands like Asian Paints, Apco, etc under its umbrella. The co. is into wall paints, wall coverings, waterproofing, texture painting, wall stickers, mechanized tools, adhesives, modular kitchens, sanitaryware, lightings, soft furnishings, and uPVC windows.

    Strengths

    • Company has been maintaining a healthy dividend payout of 61.4%

    Risks

    • Stock is trading at 11.1 times its book value
    • The company has delivered a poor sales growth of 10.4% over past five years.

    Compounded Sales Growth

    10 Years
    +10%
    5 Years
    +10%
    3 Years
    +1%
    TTM
    +10%

    Compounded Profit Growth

    10 Years
    +10%
    5 Years
    +7%
    3 Years
    +2%
    TTM
    +27%

    Stock Price CAGR

    10 Years
    +8%
    5 Years
    -6%
    3 Years
    -9%
    1 Year
    -3%

    Return on Equity

    10 Years
    +25%
    5 Years
    +25%
    3 Years
    +24%
    Last Year
    +22%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderSept 2025Dec 2025Mar 2026Jun 2026Change
    Promoter52.63%52.63%52.63%52.63%0.00 pp
    FII11.64%12.78%12.11%13.32%+1.21 pp
    DII21.50%21.08%21.74%20.70%-1.04 pp
    Government0.07%0.07%0.07%0.07%0.00 pp
    Public14.09%13.37%13.39%13.19%-0.20 pp
    Others0.06%0.06%0.06%0.09%+0.03 pp

    Filed with NSE for Jun 2026: promoters 52.63%, public 47.29% · XBRL filing

    Analysts & fund holdings

    58%
    58% recommend buy
    31 analysts cover the stock
    Valuation vs Chemicals
    P/E49.7 vs 24.9
    Sector P/B3.12
    Beta1.11

    Who holds the shares, quarter by quarter

    Mutual funds 10.09% (-1.33 pp)
    Mar 25
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    • Promoters52.6%
    • Foreign institutions13.3%
    • Mutual funds10.1%
    • Insurance9.7%
    • Other domestic institutions1.0%
    • Retail10.6%
    • Others2.7%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    SBI Large Cap Fund0.78%3.56%+0.02 pp
    SBI Aggressive Hybrid Fund0.58%1.65%-0.05 pp
    ICICI Pru Large Cap Fund0.49%1.55%-0.37 pp
    SBI Large & Midcap Fund0.40%2.41%-0.07 pp
    ICICI Pru Value Fund0.32%1.33%-0.01 pp

    Scorecard

    Performance
    Low
    Valuation
    High
    Growth
    Low
    Profitability
    High
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Corporate actions

    • dividend
      ₹23.00

      Dividend - Rs 23 Per Share

      23 Jun 2026
      ex-date
    • dividend
      ₹4.50

      Interim Dividend - Rs 4.50 Per Share

      18 Nov 2025
      ex-date
    • dividend
      ₹20.55

      Dividend - Rs 20.55 Per Share

      10 Jun 2025
      ex-date
    • dividend
      ₹4.25

      Interim Dividend - Rs 4.25 Per Share

      19 Nov 2024
      ex-date
    • dividend
      ₹28.15

      Dividend - Rs 28.15 Per Share

      11 Jun 2024
      ex-date
    • dividend
      ₹5.15

      Interim Dividend - Rs 5.15 Per Share

      3 Nov 2023
      ex-date
    • dividend
      ₹21.25

      Dividend - Rs 21.25 Per Share

      9 Jun 2023
      ex-date
    • dividend
      ₹4.40

      Interim Dividend - Rs 4.40 Per Share

      31 Oct 2022
      ex-date
    • dividend
      ₹15.50

      Dividend - Rs 15.50 Per Share

      9 Jun 2022
      ex-date
    • dividend
      ₹3.65

      Interim Dividend - Rs 3.65 Per Share

      28 Oct 2021
      ex-date
    • dividend
      ₹14.50

      Dividend - Rs 14.50 Per Sh

      10 Jun 2021
      ex-date
    • dividend
      ₹3.35

      Interim Dividend - Rs 3.35 Per Share

      28 Oct 2020
      ex-date
    • dividend
      ₹1.50

      Annual General Meeting/Dividend - Rs 1.50 Per Share

      23 Jul 2020
      ex-date
    • dividend
      ₹7.15

      Interim Dividend - Rs 7.15 Per Share

      3 Mar 2020
      ex-date
    • dividend
      ₹3.35

      Interim Dividend - Rs 3.35 Per Sh

      30 Oct 2019
      ex-date
    • dividend
      Not available — not reported in this filing

      Dividend Rs -7.65 Per Share

      13 Jun 2019
      ex-date
    • dividend
      ₹2.85

      Interim Dividend - Rs 2.85 Per Sh

      29 Oct 2018
      ex-date
    • dividend
      ₹6.05

      Dividend- Rs 6.05 Per Share

      14 Jun 2018
      ex-date
    • dividend
      ₹2.65

      Interim Dividend - Rs 2.65 Per Share (Purpose Revised)

      31 Oct 2017
      ex-date
    • dividend
      ₹5.65

      Annual General Meeting/Dividend Rs 5.65 Per Share + Special Dividend Rs 2/- Per Share

      15 Jun 2017
      ex-date

    Insider trades

    Last 12 months, market trades
    No market trades
    0 buys · ₹0
    0 sells · ₹0
    Latest insider trades disclosed to NSE
    PersonTypeSharesValueDisclosed
    Mr. Sanjay Rishi
    Immediate relative · Inter-se-Transfer
    Buy1,515₹49.6 L22 Sept 2021
    Mr. Sanjay Rishi jointly with Mr. Vikram Kalia
    Immediate relative · Inter-se-Transfer
    Sell1,515₹49.6 L22 Sept 2021
    Asian Paints Employees Stock Ownership Trust
    Other · Market Purchase
    Buy56,235₹19.0 Cr21 Sept 2021
    Asian Paints Employees Stock Ownership Trust
    Other · Market Purchase
    Buy54,535₹18.1 Cr21 Sept 2021
    Asian Paints Employees Stock Ownership Trust
    Other · Market Purchase
    Buy56,235₹19.0 Cr17 Sept 2021
    Asian Paints Employees Stock Ownership Trust
    Other · Market Purchase
    Buy56,235₹18.9 Cr17 Sept 2021
    Sudhanva Investments and Trading Company Private Limited
    Promoter Group · Pledge Creation
    Pledge3,20,000₹95.6 Cr6 Aug 2021
    Thulaseedharan Nair
    Employees/Designated Employees · Market Purchase
    Buy400₹12.1 L4 Aug 2021
    Mr. Satyen Ashwin Gandhi
    Promoter Group · Revokation of Pledge
    Pledge released1,70,000₹52.2 Cr22 Jun 2021
    Geetanjali Trading and Investments Pvt. ltd
    Promoter Group · Revokation of Pledge
    Pledge released12,46,300₹380 Cr22 Jun 2021
    Smiti Holding and Trading Company Private Limited
    Promoter Group · Pledge Creation
    Pledge23,46,000₹709 Cr22 Jun 2021
    Geetanjali Trading and Investments Pvt. ltd
    Promoter Group · Pledge Creation
    Pledge10,00,000₹302 Cr19 Jun 2021

    Disclosures filed with NSE under SEBI (Prohibition of Insider Trading) Regulations. Pledges and releases are not trades and are not counted above.

    Company announcements

    Insider Trading / SAST
    Closure of Trading Window

    This is to inform you that the trading window for trading in the securities of the Company will be closed from Friday, 18th September 2026 until two trading days from the date of declaration ....

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Directorate

    This is to inform you that the shareholders of the Company have today, approved appointment of Ms. Shubhlakshmi Dani as Non- Executive Director of the Company.

    AGM/EGM
    Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot

    Find enclosed the voting result of the postal ballot

    AGM/EGM
    Shareholder Meeting / Postal Ballot-Scrutinizer"s Report

    Please find enclosed the scrutinizers report on the remote e- voting and the voting results pursuant to regulation 44 of the listing regulations

    Company Update
    Announcement under Regulation 30 (LODR)-Trading Plan under SEBI (PIT) Regulations, 2015

    Pursuant to Regulation 5(5) of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 (PIT Regulations) read with Asian Paints Limited - Code of Conduct ....

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Directorate

    We wish to inform you that the Board of Directors at its meeting held today, have appointed Mr. Leo Puri as Chairman of the Board with effect from 23rd January 2027.

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Directorate

    Find enclosed intimation with respect to appointment of Mr. Leo Puri as Additional and Independent Director effective 7th September 2026.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    The Company will be participating in group and one - on - one meetings as per enclosed communication.

    Insider Trading / SAST
    Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011.

    The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on September 05, 2026 for Satyen A Gandhi

    Insider Trading / SAST
    Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011.

    The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on September 04, 2026 for Smiti Holding and ....

    Company Update
    ESG Rating

    Find enclosed ESG rating received by the Company from NSE Sustainability Ratings & Analytics Ltd.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    This is to inform you that the Company through its representatives, will be participating in the conference as per enclosed letter.

    Insider Trading / SAST
    Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011.

    The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on August 26, 2026 for Smiti Holding and ....

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Pursuant to Regulation 30 read with Para A Part A of Schedule III of the Listing Regulations, please find enclosed copies of notice given to shareholders regarding transfer of equity shares ....

    Company Update
    Announcement under Regulation 30 (LODR)-Trading Plan under SEBI (PIT) Regulations, 2015

    Please find enclosed intimation under Regulation 5(4) of the SEBI (Prohibition of Insider Trading) Regulations, 2015 regarding Audit Committee's determination on partial non-implementation ....

    Filed with BSE (scrip 500820); the last 45 days. Documents open at bseindia.com.

    SEBI filings & orders

    From SEBI's website. An order may concern the company, its officers or trading in its shares, and may be under appeal - read the order itself. Personal identifiers are withheld.

    Regulatory orders

    • Adjudication order

      Adjudication Order in respect of Neeraj Agarwal in the matter of circulation of UPSI through WhatsApp messages with respect to Asian Paints Limited [SAT Appeal No.: 343/2020]

      15 Jun 2020
      Read on SEBI
    • Adjudication order

      Adjudication order in the matter of circulation of UPSI through WhatsApp messages with respect to Shruti Vora in the scrip of Asian Paints Limited [SAT Appeal No.: 312/2020; MA 350/2020]

      29 May 2020
      Read on SEBI

    Documents

    Credit ratings

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 4 Feb 2025 (unaudited). View the source filing. Figures are as filed and are not investment advice.