About Asian Paints
Asian Paints is a company based in Mumbai (India) founded in 1942.. The company has 33,600 employees as of March 31, 2024. Asian Paints has completed 5 acquisitions, including Nanova, Sleek World and Taubmans. Asian Paints operates in a competitive market with competitors including Mapei, Kansai Nerolac, Bostik, Shalimar Paints and Wanhua Chemical Group, among others.
- Headquarter Mumbai, India
- Employees 33600 as on 31 Mar, 2024
- Stage Public
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Sectors
Chemicals & MaterialsReal Estate & Construction
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Asian Paints Ltd.
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Annual Revenue
$3.96 B (USD)-4.45as on Mar 31, 2025
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Net Profit
$429.22 M (USD)-32.84as on Mar 31, 2025
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EBITDA
$716.23 M (USD)-20.52as on Mar 31, 2025
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Latest Funding Round
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Investors
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Employee Count
33600
as on Mar 31, 2024
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Investments & Acquisitions
Nanova
& 4 more
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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.
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Funding Insights of Asian Paints
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Luxury lighting fixtures and home decor are retailed by Whiteteak.
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2016 | ||||
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Manufacturer of nanotechnology-based coatings, paints, resins, and polymers for various applications
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2015 | ||||
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Windows and door products are manufactured in Bengaluru, India.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Asian Paints
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Asian Paints Comparisons
Competitors of Asian Paints
Asian Paints operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Mapei, Kansai Nerolac, Bostik, Shalimar Paints and Wanhua Chemical Group, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Chemical products including adhesives and sealants for construction are manufactured.
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| domain | founded_year | HQ Location |
Industrial and decorative paints are manufactured by Kansai Nerolac.
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| domain | founded_year | HQ Location |
Industrial adhesives are manufactured by Bostik for diverse applications.
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| domain | founded_year | HQ Location |
Protective coatings are manufactured for industrial applications in India.
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| domain | founded_year | HQ Location |
Chemical products are manufactured and distributed by Wanhua Chemical Group.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Asian Paints
Frequently Asked Questions about Asian Paints
When was Asian Paints founded?
Asian Paints was founded in 1942.
Where is Asian Paints located?
Asian Paints is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Asian Paints?
Amit Syngle is the current CEO of Asian Paints.
How many employees does Asian Paints have?
As of Mar 31, 2024, the latest employee count at Asian Paints is 33,600.
What is the annual revenue of Asian Paints?
Annual revenue of Asian Paints is $3.96B as on Mar 31, 2025.
What does Asian Paints do?
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.
Who are the top competitors of Asian Paints?
Asian Paints's top competitors include Kansai Nerolac, Shalimar Paints and Mapei.
Is Asian Paints publicly traded?
Yes, Asian Paints is publicly traded on NSE under the ticker symbol ASIANPAINT.
How many acquisitions has Asian Paints made?
Asian Paints has made 5 acquisitions, including Nanova, Sleek World, and Taubmans.
What is Asian Paints's ticker symbol?
The ticker symbol of Asian Paints is ASIANPAINT on NSE.