Asian Paints Limited Share Price and Company Fundamentals



Price
₹2769.65
Change
74.450 (2.762%)
52 week
2560.0 - 3590.0

Last traded: Last Friday at 10:00 AM

Asian Paints Limited, together with its subsidiaries, manufactures, sells, and distributes paints and coatings for decorative and industrial use in India and internationally. It operates in Paints and Home Improvement segments. The company offers decorative coatings for interior and exterior walls, metal finishes, and wood finishes; paints; wall coverings; textures painting aid; waterproofing; wall stickers; mechanised tools; adhesives; modular kitchens; wardrobes; bath fittings and sanitaryware; home décor products; sanitizers and surface disinfectants; furniture, furnishings; and lightings, as well as enamels and thinners. The company offers its products under the Asian Paints, Apco Coatings, Asian Paints Berger, Asian Paints Causeway, SCIB Paints, Taubmans, and Kadisco Asian Paints through a network of dealers and retail stores, as well as operates asianpaints.com, an online shop. Asian Paints Limited was founded in 1942 and is headquartered in Mumbai, India.

Key Metrics

PE ratio

86.28

PB ratio

18.93

Dividend yield

0.71%

Beta

0.38

Market cap

-

Enterprise value

-

Company profile

Industry / SectorSpecialty Chemicals / Basic Materials
Full time employees7423
Websitehttps://www.asianpaints.com
Mailing addressAsian Paints House 6A, Shantinagar Mumbai 400055 India
Phone / Fax91 22 6218 1000 / 91 22 6218 1111

Dividends

Dividend yield

0.71%

Dividend amount

₹19.15

Payout ratio

57.44%

5Y Avg. yield

0.61%

Asian Paints Limited paid ₹19.15 dividend and the ex-dividend date was 09 June 2022.The dividend payout ratio is 57.44%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.ASIANPAINT dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

ASIANPAINT's forward dividend amount is ₹19.15 and the forward dividend yield is 0.69%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Asian Paints Limited.

NameTitleAgeTotal Pay
Mr. Amit SyngleMD, CEO & Additional Director55137.51M
Mr. Ramalingam Jeyapandiyan JeyamuruganCFO, Company Sec. & Compliance Officer56
Mr. Arun NairMang. of Corp. Communications
Mr. Aashish KshetryVP of Human Resource & IT53
Mr. Amit Kumar BavejaChief Internal Auditor46
Mr. Jaideep NandiChief Exec. Officer of Asian Paints PPG Pvt Ltd56
Mr. Vivek SubramanianGen. Mang. of Materials62
P. SriramGen. Mang. - Corp. Accounts47
Dr. B. P. MallikVP of Technology65
Mr. Satish KulkarniVP of Projects & Services52

Profitability and management effectiveness

Profit margin

10.47%

Operating margin

13.78%

Return on assets

11.50%

Return on equity

22.49%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Asian Paints Limited is and its enterprise value is .

The ASIANPAINT's stocks Beta value is 0.38 making it 62% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Asian Paints Limited (NSE:ASIANPAINT) Frequently Asked Questions

1. What is Asian Paints Limited's Stock Symbol?

Asian Paints Limited trades on NSE under the ticker symbol "ASIANPAINT".

2. What is Asian Paints Limited's stock price today?

One share of ASIANPAINT stock can currently be purchased for approximately ₹2769.65.

3. How can I contact Asian Paints Limited?

Asian Paints Limited's mailing address is Asian Paints House 6A, Shantinagar Mumbai 400055 India. The company can be reached via phone at 91 22 6218 1000.

4. What is Asian Paints Limited's official website?

The official website of Asian Paints Limited is https://www.asianpaints.com.