Asian Paints

Mumbai, India Founded: 1942 • Age: 84 yrs Listed Fortune India 500 · #81 India's Most Valuable · #26
Industrial and decorative paints are manufactured along with related solutions.
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About Asian Paints

Asian Paints is a publicly listed company based in Mumbai (India) founded in 1942. Industrial and decorative paints are manufactured along with related solutions. It operates in the Chemicals & Materials and Real Estate & Construction sectors. The company has 10 employees. Asian Paints has completed 5 acquisitions, including Nanova, Sleek World and Taubmans. Its chief executive, as recorded, is Amit Syngle. Its website asianpaints.com draws about 3.9 million monthly visits. Its Indian entity Asian Paints Limited reported revenue of ₹36,473 Cr. Its focus areas include Chemicals and Materials, Paints and Coatings, Diversified and Real Estate and Construction. Its competitors include Kansai Nerolac, Shalimar Paints and Grauer & Weil India.

Company details

Asian Paints was founded in 1942 in Mumbai, India, and operates within the paints and coatings sector. A variety of interior and exterior wall paints, waterproofing solutions, and home decor products are produced, including enamel, oil, emulsion, synthetic rubber, and bituminous types. Services such as personalized interior designs and wall painting are also provided to support operations across the region.

Asian Paints is ranked #81 on the Fortune India 500 (2025) and #26 among India's most valuable companies (2025).

Recognitions & Rankings of Asian Paints

Fortune India 500 2025 edition
Rank#81
Total income
₹34,824 Cr
Profit
₹3,667 Cr
Last year #73
India's Most Valuable Companies 2025 edition · Source: Hurun India
Rank#26
Valuation
₹2,34,480 Cr
2024 #26 2023 #12 2022 #14
  • Headquarters Mumbai, India
  • Employees 10
  • Stage Public
  • Sectors
    Chemicals & Materials
    Real Estate & Construction
  • Website category Home and Garden · Interior Design
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website asianpaints.com
  • Social LinkedIn X Facebook Instagram YouTube
  • Legal Name Asian Paints Ltd.
Operational Areas
Chemicals & Materials → Paints, Coatings & Surface Treatments
Real Estate & Construction → Building Materials
Key Metrics
  • Market Cap
    ₹2,42,082 Cr

    ASIANPAINT · NSE

  • Share Price
    ₹2,546.00

    +0.88% today

  • Revenue
    ₹35,584 Cr

    FY 2025-26 · +5.0% YoY

  • EBITDA
    ₹6,538 Cr

    Margin 18.4%

  • Net Profit
    ₹4,444 Cr

    FY 2025-26 · +13.2% YoY

  • P/E (TTM)
    46.8x

    P/B 10.7x

  • ROE
    21.6%

    ROCE 25.9%

  • Debt / Equity
    0.15

    Interest cover 3.7x

  • Employee Count
    10
  • Investments & Acquisitions
    Nanova

    & 4 more

Apps and channels of Asian Paints

Asian Paints publishes 2 mobile apps with over 5M+ downloads; its YouTube channel Asian Paints has 1.23M subscribers and 30 videos.

Colour with Asian Paints
Google Play House & Home Everyone Free
Developer: Asian Paints
View on Google Play
Colour with Asian Paints
App Store Lifestyle 4+
Developer: Asian Paints
View on App Store
Asian Paints
YouTube 1.23M subscribers 30 videos Howto & Style
Open channel

Videos from Asian Paints

The most watched videos on Asian Paints's YouTube channel, Asian Paints (1.23M subscribers). Click a video to play it here.

Asian Paints Har Ghar Kuch Kehta Hai | 30 sec Bengali
160.2K views
Asian Paints Har Ghar Kuch Kehta Hai | 45 sec Bengali
155.6K views
Asian Paints Har Ghar Kuch Kehta Hai | 30 sec Telugu
153.8K views
Asian Paints Har Ghar Kuch Kehta Hai | 45 sec Telugu
137.5K views

More on Asian Paints.

Board of directors of Asian Paints Limited (Asian Paints)

Asian Paints Limited is the primary company behind Asian Paints. The boards of the 3 registered companies of Asian Paints currently have 25 directors; the longest-serving is Ajay Sindhwani, appointed in 2011. 53 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ajay Sindhwani
DIN 02994416
Whole-time director03 Aug 201115 yrs 3 moAmrit Traders Private Limited
Neetu Sindhwani
DIN 02994420
Whole-time director03 Aug 201115 yrs 3 moAmrit Traders Private Limited
Amrita Amar Vakil
DIN 00170725
Director14 May 201412 yrs 5 moAsian Paints Limited
Malav Ashwin Dani
DIN 01184336
Director26 Jun 201412 yrs 4 moAsian Paints Limited
Garima Sindhwani
DIN 07681913
Director05 Dec 20169 yrs 11 moAmrit Traders Private Limited
Seshasayee Ramaswami
DIN 00047985
Director23 Jan 20179 yrs 9 moAsian Paints Limited
Raghav Sindhwani
DIN 07923214
Director01 Sep 20179 yrs 2 moAmrit Traders Private Limited
Manish Mahendra Choksi
DIN 00026496
Director22 Oct 20188 yrsAsian Paints Limited
Amit Syngle
DIN 07232566
Managing Director01 Apr 20206 yrs 7 moAsian Paints Limited
Sagar Shrikrishna Khade
DIN 08735274
Director24 Apr 20206 yrs 6 moAsian Paints Industrial Coatings Limited
Hiral Jitendra Raja
DIN 08735226
Director24 Apr 20206 yrs 6 moAsian Paints Industrial Coatings Limited
Venkateswaran Gopalan
DIN 09257136
Director27 Jul 20215 yrs 3 moAsian Paints Industrial Coatings Limited
Rajes Bardia
DIN 09257127
Director27 Jul 20215 yrs 3 moAsian Paints Industrial Coatings Limited
Satyendra Kumar Patidar
DIN 09257898
Director28 Jul 20215 yrs 3 moAsian Paints Industrial Coatings Limited
Milind Shripad Sarwate
DIN 00109854
Director21 Oct 20215 yrsAsian Paints Limited
Nehal Vakil Abhay
DIN 00165627
Director01 Mar 20224 yrs 8 moAsian Paints Limited
Anurag Sahai
DIN 09346336
Director20 Aug 20224 yrs 2 moAsian Paints Industrial Coatings Limited
Ireena Vittal
DIN 05195656
Director25 Jul 20233 yrs 3 moAsian Paints Limited
Soumitra Bhattacharya
DIN 02783243
Director26 Oct 20233 yrsAsian Paints Limited
Gopichand Katragadda
DIN 02475721
Director01 Apr 20242 yrs 7 moAsian Paints Limited
Varun Berry
DIN 05208062
Director23 Oct 20242 yrsAsian Paints Limited
Ashish Ashwin Choksi
DIN 00059132
Director01 Apr 20251 yr 7 moAsian Paints Limited
Sudhir Ganesh Sitapati
DIN 09197063
Director29 May 20265 moAsian Paints Limited
Shubhlakshmi Hasit Dani
DIN 02942138
Director29 Jul 20263 moAsian Paints Limited
Leo Puri
DIN 01764813
Additional Director07 Sep 20262 moAsian Paints Limited

People of Asian Paints

205 people are tracked at Asian Paints (35 in leadership, 11 in board & advisors, 159 in team); the tracked headcount is 10.

NameRoleGroup
Amit Syngle
CEOLeadership
Rose V.
Associate General ManagerLeadership
Mukesh Vijay
Associate General Manager - CommercialLeadership
Kamal Chhauda
Associate General ManagerLeadership
Sumeet Chandak
Supply Planning HeadLeadership
Sandeep Srivastava
Associate General Manager - LogisticsLeadership
Pragyan Kumar
Senior Vice President - India RetailLeadership
Harish Lade
Vice President Supply ChainLeadership
Rajeev Goel
Senior Vice PresidentLeadership
Rahul Bhatnagar
PresidentLeadership
Aashish Kshetry
Vice President - Information TechnologyLeadership
Deepak Bhosale
Associate Vice PresidentLeadership
Ronojoy Chakravarty
General Manager - Head Of Marketing, Asian PaintsLeadership
Palash Patil
General Manager - Purchase - Sourced Products, New Products & New InitiativesLeadership
Shrinivas Bhat
Head Corporate Quality AssuranceLeadership
Rajendrakumar Patil
Head- Corporate SafetyLeadership
Manoj Veeramani
General Manager - Sleek Components Business & Bath MarketingLeadership
Mayank Parekh
State Head - RetailLeadership
Ashish Rae
Associate Vice PresidentLeadership
Rohit Pandey
Chief Sales ExecutiveLeadership

185 more people are available in the full profile.

Premium access

Complete people profiles for Asian Paints

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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IPO & Listings of Asian Paints

Asian Paints is a publicly listed company on the NSE with ticker symbol ASIANPAINT in India, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date01 Sep 1995
  • Listed onBSE: 500820
  • Listed entityAsian Paints Ltd.
  • Exchange sectorProcess industries
  • ISININE021A01026
  • Share price₹2,344.70 (-1.32% on the day) · 2026-10-14
  • Market capitalisation₹226,457 Cr
  • Price to earnings47.2
  • EPS (diluted, trailing year)₹49.68
  • Dividend yield1.16%
  • Volume (last session)700,457

Financials of Asian Paints

Exchange-reported figures of Asian Paints Limited, the listed company behind Asian Paints (NSE: ASIANPAINT).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹35,584 Cr
+4.9% YoY
EBITDA
₹6,538 Cr
+15.9% YoY
Profit After Tax
₹4,444 Cr
+13.1% YoY
Net Worth
₹21,372 Cr
+10.2% YoY
Total Assets
₹26,369 Cr
+16.0% YoY
Total Debt
₹3,929 Cr
+71.5% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue35,58433,90635,49534,48929,10121,71320,211
Revenue growth+5.0%-4.5%+2.9%+18.5%+34.0%+7.4%-
EBITDA6,5385,6437,5856,2114,6884,8564,157
EBITDA margin+18.4%+16.6%+21.4%+18.0%+16.1%+22.4%+20.6%
Profit before tax6,0035,1037,3485,6894,1884,3043,629
Net profit4,4443,9285,4594,1343,0823,1262,695
Net profit margin+12.5%+11.6%+15.4%+12.0%+10.6%+14.4%+13.3%
EPS (₹)45.0938.2356.9242.8131.5932.7328.20
Balance sheet
Total assets26,36922,73322,39618,69516,00914,54511,841
Net worth21,37219,40018,72815,99213,81212,80610,130
Total debt3,9292,2902,4741,9331,5871,0931,118
Cash & bank1,0747821,084844864611783
Net working capital6,1376,5137,1577,0706,3453,3513,197
Cash flow
Cash from operations7,0884,4246,1044,1939863,6833,038
Cash from investing(1,328)(941)(2,548)(1,282)(317)(541)(518)
Cash from financing(2,377)(3,753)(2,982)(2,140)(1,808)(650)(2,871)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue9,97710,5429,2478,8678,5318,9398,3598,549
Revenue growth (YoY)+16.9%+17.9%+10.6%+3.7%+6.3%-0.4%--
Other income290279197227237229123193
EBITDA1,5572,1691,7871,6231,5031,6251,2531,637
EBITDA margin+15.6%+20.6%+19.4%+18.3%+17.7%+18.2%+15.0%+19.2%
Depreciation314304310313305301301256
Interest55.4047.8359.1047.9443.8744.5052.7955.84
Profit before tax1,4782,0961,6141,4891,3921,5091,0221,518
Tax392536429415373392321390
Net profit1,0851,5591,1851,0741,0181,1177011,128
EPS (₹)11.1416.0512.2211.0510.3611.477.2211.58
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue30,76929,55331,22730,07825,18918,51717,194
Revenue growth+4.1%-5.4%+3.8%+19.4%+36.0%+7.7%-
EBITDA6,0145,1777,0445,8204,5344,4933,826
EBITDA margin+19.6%+17.5%+22.6%+19.4%+18.0%+24.3%+22.3%
Profit before tax5,7344,9026,9995,4904,1944,0903,413
Net profit4,3713,8635,3144,0923,1453,0382,671
Net profit margin+14.2%+13.1%+17.0%+13.6%+12.5%+16.4%+15.5%
EPS (₹)44.2537.4155.4142.7532.6831.8227.67
Balance sheet
Total assets23,46720,46519,79816,72314,23512,90510,258
Net worth20,78218,98818,28915,58613,34912,0899,453
Total debt2,3691,1991,280892714648663
Cash & bank446204350363309135376
Net working capital4,7015,2025,5565,6505,1152,3582,347
Cash flow
Cash from operations6,7614,1245,7574,2221,2603,4592,407
Cash from investing(1,190)(746)(2,270)(1,397)(340)(436)(775)
Cash from financing(2,144)(3,416)(2,948)(2,185)(1,989)(583)(2,095)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue8,4549,1837,9207,6247,3567,8687,1927,418
Revenue growth (YoY)+14.9%+16.7%+10.1%+2.8%+5.6%-1.3%--
Other income331260195257232248138227
Total expenses7,0147,1726,2506,1625,9976,3486,0475,909
EBITDA1,4402,0121,6701,4631,3591,5201,1451,509
EBITDA margin+17.1%+22.0%+21.2%+19.2%+18.5%+19.4%+16.0%+20.4%
Depreciation271263267275273269269224
Interest32.6827.2539.3928.0329.6830.2534.0435.29
Profit before tax1,4681,9821,5591,4171,2881,4689801,476
Tax373504398390332369285372

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 07 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue9,97710,5429,2478,8678,5318,9398,3598,549
Revenue growth (YoY)+16.9%+17.9%+10.6%+3.7%+6.3%-0.4%--
Other income290279197227237229123193
EBITDA1,5572,1691,7871,6231,5031,6251,2531,637
EBITDA margin+15.6%+20.6%+19.4%+18.3%+17.7%+18.2%+15.0%+19.2%
Depreciation314304310313305301301256
Interest55.4047.8359.1047.9443.8744.5052.7955.84
Profit before tax1,4782,0961,6141,4891,3921,5091,0221,518
Tax392536429415373392321390
Net profit1,0851,5591,1851,0741,0181,1177011,128
EPS (₹)11.1416.0512.2211.0510.3611.477.2211.58
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue35,58433,90635,49534,48929,10121,71320,211
Revenue growth+5.0%-4.5%+2.9%+18.5%+34.0%+7.4%-
Other income889713821480412332355
Total expenses29,04528,26327,91028,27824,41316,85716,054
Employee cost2,8002,5972,3262,0281,7871,5411,366
EBITDA6,5385,6437,5856,2114,6884,8564,157
EBITDA margin+18.4%+16.6%+21.4%+18.0%+16.1%+22.4%+20.6%
Depreciation1,2291,026853858816791780
Interest19522720514495.4191.63102
Profit before tax6,0035,1037,3485,6894,1884,3043,629
Tax1,6091,3931,7901,4941,1031,098855
Net profit4,4443,9285,4594,1343,0823,1262,695
Net profit margin+12.5%+11.6%+15.4%+12.0%+10.6%+14.4%+13.3%
EPS (₹)45.0938.2356.9242.8131.5932.7328.20
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital95.9295.9295.9295.9295.9295.9295.92
Reserves & surplus21,27619,30418,63215,89613,71612,71010,034
Shareholders' funds (net worth)21,37219,40018,72815,99213,81212,80610,130
Minority interest643659695454388423404
Secured loans1,60342419518121086.74111
Unsecured loans2,3261,8662,2791,7521,3771,0061,007
Total debt3,9292,2902,4741,9331,5871,0931,118
Total liabilities26,36922,73322,39618,69516,00914,54511,841
Assets
Gross block15,31614,09911,6229,6768,5388,3928,282
Net block9,6409,2207,1475,7705,5195,8596,272
Capital work in progress1,8491,2542,6981,020426183140
Investments7,0624,7254,5884,2623,2484,7372,019
Inventories5,7446,7195,9236,2116,1533,7993,390
Sundry debtors4,4624,3144,8894,6373,8712,6021,795
Cash & bank balances1,0747821,084844864611783
Loans & advances2,6201,9322,4372,1472,0831,7481,100
Total current assets13,89913,74714,33413,83812,9728,7597,068
Total current liabilities7,7627,2347,1766,7686,6275,4093,870
Net working capital6,1376,5137,1577,0706,3453,3513,197
Total assets26,36922,73322,39618,69516,00914,54511,841
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash3,3573,6273,0542,2833,4219291,280
Net cash from operating activities7,0884,4246,1044,1939863,6833,038
Net cash from investing activities(1,328)(941)(2,548)(1,282)(317)(541)(518)
Net cash from financing activities(2,377)(3,753)(2,982)(2,140)(1,808)(650)(2,871)
Net change in cash3,383(270)573771(1,138)2,492(351)
Closing cash1,0747821,084844864611783
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+5.0%-4.5%+2.9%+18.5%+34.0%+7.4%-
EBITDA growth+15.9%-25.6%+22.1%+32.5%-3.5%+16.8%-
PBT growth+17.6%-30.6%+29.2%+35.9%-2.7%+18.6%+9.8%
Net income growth+13.2%-28.0%+32.1%+34.1%-1.4%+16.0%-
Revenue CAGR (3Y)+1.1%+5.2%+17.8%+19.5%+14.8%+8.9%+5.3%
EBITDA CAGR (3Y)+1.7%+6.4%+16.0%+14.3%+7.6%+14.9%+11.6%
Profitability & leverage
Net income margin+12.4%+10.9%+15.7%+12.2%+10.6%+14.8%+13.7%
Return on capital employed+25.9%+24.4%+37.8%+34.5%+28.8%+34.4%+33.3%
Return on net worth+21.6%+19.5%+32.0%+28.2%+23.2%+28.0%+28.3%
Debt / equity0.150.120.130.120.100.100.12
Long-term debt / equity0.100.070.060.050.050.050.06
Interest cover3.684.923.052.702.462.253.03
Efficiency & per share
Fixed asset turnover2.422.643.333.793.442.602.46
Inventory turnover5.715.365.855.585.856.046.18
Debtors turnover8.117.377.458.118.999.8810.92
EPS (₹)45.0938.2356.9242.8131.5932.7328.20
Dividend per share (₹)27.5024.8033.3025.6519.1517.8512.00
Book value per share (₹)222.81202.25195.25166.72143.99133.51105.61
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue8,4549,1837,9207,6247,3567,8687,1927,418
Revenue growth (YoY)+14.9%+16.7%+10.1%+2.8%+5.6%-1.3%--
Other income331260195257232248138227
Total expenses7,0147,1726,2506,1625,9976,3486,0475,909
EBITDA1,4402,0121,6701,4631,3591,5201,1451,509
EBITDA margin+17.1%+22.0%+21.2%+19.2%+18.5%+19.4%+16.0%+20.4%
Depreciation271263267275273269269224
Interest32.6827.2539.3928.0329.6830.2534.0435.29
Profit before tax1,4681,9821,5591,4171,2881,4689801,476
Tax373504398390332369285372
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue30,76929,55331,22730,07825,18918,51717,194
Revenue growth+4.1%-5.4%+3.8%+19.4%+36.0%+7.7%-
Other income933770822518452366358
Total expenses24,75624,37624,18324,25820,65414,02413,368
Employee cost2,1772,0141,8161,5141,3101,129985
EBITDA6,0145,1777,0445,8204,5344,4933,826
EBITDA margin+19.6%+17.5%+22.6%+19.4%+18.0%+24.3%+22.3%
Depreciation1,086902743756722697690
Interest12714412493.0670.2571.6680.33
Profit before tax5,7344,9026,9995,4904,1944,0903,413
Tax1,4891,3141,6841,3891,0591,038759
Net profit4,3713,8635,3144,0923,1453,0382,671
Net profit margin+14.2%+13.1%+17.0%+13.6%+12.5%+16.4%+15.5%
EPS (₹)44.2537.4155.4142.7532.6831.8227.67
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital95.9295.9295.9295.9295.9295.9295.92
Reserves & surplus20,68618,89218,19315,49013,25311,9939,357
Shareholders' funds (net worth)20,78218,98818,28915,58613,34912,0899,453
Secured loans84939.2153.4449.3616.1622.2024.40
Unsecured loans1,5201,1601,227843698626639
Total debt2,3691,1991,280892714648663
Total liabilities23,46720,46519,79816,72314,23512,90510,258
Assets
Gross block12,55112,1959,4568,0787,5546,9886,850
Net block7,7428,0015,4944,6434,5544,7634,961
Capital work in progress1,7548722,561978225119108
Investments7,5105,2965,4714,9123,8115,1792,658
Inventories4,8255,8485,1565,3225,2783,1252,827
Sundry debtors3,2283,1983,7003,4632,9161,8101,109
Cash & bank balances446204350363309135376
Loans & advances2,5961,9252,4002,1312,0821,6991,081
Total current assets11,09511,17611,60611,27810,5846,7685,393
Total current liabilities6,3945,9746,0505,6295,4684,4103,047
Net working capital4,7015,2025,5565,6505,1152,3582,347
Total assets23,46720,46519,79816,72314,23512,90510,258
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash3,1303,1682,6182,0653,1346941,156
Net cash from operating activities6,7614,1245,7574,2221,2603,4592,407
Net cash from investing activities(1,190)(746)(2,270)(1,397)(340)(436)(775)
Net cash from financing activities(2,144)(3,416)(2,948)(2,185)(1,989)(583)(2,095)
Net change in cash3,426(38.06)540640(1,069)2,440(462)
Closing cash446204350363309135376
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+4.1%-5.4%+3.8%+19.4%+36.0%+7.7%-
EBITDA growth+16.2%-26.5%+21.0%+28.4%+0.9%+17.4%-
PBT growth+17.0%-30.0%+27.5%+30.9%+2.6%+19.8%+7.7%
Net income growth+13.2%-27.3%+29.9%+30.1%+3.5%+13.8%-
Revenue CAGR (3Y)+0.8%+5.5%+19.0%+20.5%+15.4%+9.3%+5.9%
EBITDA CAGR (3Y)+1.1%+4.5%+16.2%+15.0%+8.9%+15.4%+12.7%
Profitability & leverage
Net income margin+13.8%+12.1%+17.0%+13.6%+12.4%+16.5%+15.4%
Return on capital employed+26.7%+25.1%+39.0%+36.1%+31.4%+35.9%+35.2%
Return on net worth+21.3%+19.3%+31.4%+28.3%+24.7%+28.3%+29.0%
Debt / equity0.090.070.060.060.050.060.07
Long-term debt / equity0.070.050.050.040.040.050.05
Interest cover2.583.361.971.841.841.892.56
Efficiency & per share
Fixed asset turnover2.492.733.563.853.462.682.56
Inventory turnover5.775.375.965.686.006.226.35
Debtors turnover9.588.578.729.4310.6612.6914.61
EPS (₹)44.2537.4155.4142.7532.6831.8227.67
Dividend per share (₹)27.5024.8033.3025.6519.1517.8512.00
Book value per share (₹)216.66197.95190.67162.48139.17126.0398.55

Investments & Acquisitions by Asian Paints

Asian Paints has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Nanova, Sleek World and Taubmans.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Nanova
Manufacturer of nanotechnology-based coatings, paints, resins, and polymers for various applications
nanovacarecoat.comMumbai, India2015Feb 2024••••
Whiteteak
Luxury lighting fixtures and home decor are retailed by Whiteteak.
whiteteak.comBengaluru, India2016Apr 2022$25.98M
Weatherseal
Windows and door products are manufactured in Bengaluru, India.
weatherseal.comBengaluru, India2015Apr 2022$2.72M
Sleek World
Modular kitchens and accessories are designed and manufactured by Sleek.
sleekworld.comMumbai, India1993Dec 2017$7.8M
Taubmans
Paints and coatings for residential use are manufactured and supplied.
taubmans.com.auRegents Park, Australia1897Sep 2003$1.42M
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Timeline of Asian Paints

7 dated milestones of Asian Paints across 82 years, from founding to its latest funding, stage changes and deals.

  1. Founded Asian Paints is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Acquisition Acquires Taubmans.
  4. Acquisition Acquires Sleek World.
  5. Acquisition Acquires Whiteteak.
  6. Acquisition Acquires Weatherseal.
  7. Acquisition Acquires Nanova.

Competitors of Asian Paints

Asian Paints has 3 listed competitors in our database. They include Kansai Nerolac, Shalimar Paints and Grauer & Weil India.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
Kansai Nerolac
nerolac.com1920Mumbai, India4,107
Industrial and decorative paints are manufactured by Kansai Nerolac.
Shalimar Paints
shalimarpaints.com1902Delhi, India175
Protective coatings are manufactured for industrial applications in India.
Grauer & Weil India
growel.com1957Mumbai, India171
Electroplating chemicals, paints, and equipment are manufactured by the company.
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Web traffic of Asian Paints

The website of Asian Paints (asianpaints.com) receives about 3.9M visits a month and ranks #13,411 among all websites worldwide, #138 in Interior Design.

  • Monthly visits
    3.9M

    ▼ 2.5% vs previous month

  • Unique visitors
    2.2M

    per month

  • Global rank
    #13,411

    among all websites

  • Category rank
    #138

    Home and Garden · Interior Design

Similar websites

Websites whose visitors overlap most with Asian Paints. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
Berger Paints
bergerpaints.com
100%
592.3K#82,961View details
Kansai Nerolac
nerolac.com
86%
226.8K#252,075View details
LivSpace
livspace.com
76%
1.3M#39,005View details
AapkaPainter
aapkapainter.com
71%
131.6K#279,004View details
Design Cafe
designcafe.com
56%
291.2K#170,177View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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Top companies in Paints, Coatings & Surface Treatments

3 companies that operate in the same segment as Asian Paints (Paints, Coatings & Surface Treatments) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Indigo Paints
Manufacturer of paints
2000Pune, Maharashtra, IndiaUSD 23.11 MUSD 149.43 M1,213
Kansai Nerolac
Industrial and decorative paints are manufactured by Kansai Nerolac.
1920Mumbai, Maharashtra, IndiaUSD 858.2 M10,570
Shalimar Paints
Protective coatings are manufactured for industrial applications in India.
1902Delhi, Delhi, IndiaUSD 61.39 M1,100
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Related news about Asian Paints

ASIANPAINT: Q2 CONS NET PROFIT 10.7B RUPEES VS 10B (YOY); EST 11.2B
Exchange Update • 9 days ago
ASIANPAINT: Q2 REVENUE 99.8B RUPEES VS 85B (YOY); EST 97.3B
Exchange Update • 9 days ago
ASIANPAINT: Q2 EBITDA 15.6B RUPEES VS 15B (YOY), EST 16.4B; Q2 EBITDA MARGIN 15.6% VS 17.62% (YOY), EST 16.9%
Exchange Update • 9 days ago
ASIAN PAINTS: Q2 FY27 DECORATIVE VOLUME-GROWTH AT 6.4% VS FY27 GUIDANCE OF 8–10%
Exchange Update • 9 days ago
ASIAN PAINTS: Q2 VOLUME-GROWTH AT 6.8% VS EST 8-10%
Exchange Update • 9 days ago
ASIAN PAINTS: CO DECLARES INTERIM DIVIDEND OF ₹5.75 PER SHARE
Exchange Update • 9 days ago
ASIANPAINT: RS. 63.46 CRORES NSE BLOCK TRADE; FOR ~ 266,607 SHARES, AT RS. 2380.30
Exchange Update • 1 month ago
Asian Paints: Company Plans To Raise Prices By About 3% Starting November 1, 2026 Due To Increased Costs For Raw Materials, Packaging, And Logistics.
Exchange Update • 1 month ago
Asian Paints Ltd Spikes 1.17% | Capital Market News - Business Standard
Business Standard • 1 month ago
India’s no. 2 paintmaker Berger Paints plans expansion to fend off Birla, JSW - The Economic Times
Economic Times • 1 month ago
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Articles about Asian Paints on our blog

Frequently Asked Questions about Asian Paints

Asian Paints was founded in 1942.

Asian Paints is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Amit Syngle is the CEO of Asian Paints, as recorded in our data.

Asian Paints has 10 employees.

The primary company behind Asian Paints, Asian Paints Limited, reported revenue of ₹36,473 Cr for FY 2026, up 5% year on year.

Asian Paints was founded in 1942 in Mumbai, India, and operates within the paints and coatings sector. A variety of interior and exterior wall paints, waterproofing solutions, and home decor products are produced, including enamel, oil, emulsion, synthetic rubber, and bituminous types. Services such as personalized interior designs and wall painting are also provided to support operations across the region.

Asian Paints's top competitors include Kansai Nerolac, Shalimar Paints and Grauer & Weil India.

Yes, Asian Paints is publicly traded on NSE under the ticker symbol ASIANPAINT.

Asian Paints has made 5 acquisitions, including Nanova, Sleek World, and Taubmans.

Asian Paints is associated with 3 legal entities: Asian Paints Limited, Amrit Traders Private Limited, Asian Paints Industrial Coatings Limited.

The legal entities of Asian Paints currently have 28 directors, including Ajay Sindhwani, Neetu Sindhwani, Raghav Sindhwani and others.

Yes. Asian Paints publishes Colour with Asian Paints and 1 more app, with over 5 million downloads.

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