About
About Asian Paints Limited
Asian Paints Limited, together with its subsidiaries, engages in the manufacture, distribution, and sale of paints, coatings, and products related to home decoration and bath fittings, kitchen, and wardrobe in India, Asia, the Middle East, Africa, and the South Pacific region. The company offers wall coverings, waterproofing products, adhesives; and bath fittings and sanitaryware, modular kitchens and wardrobes, fabric, furnishings, rugs, decorative lightings, unplasticized polyvinyl chloride windows and door systems, furniture, textures and painting aids, and mechanized tools. It also provides color consultancy, projects, home painting services, waterproofing and wood solutions, and assure services; and interior and exterior wall finishes, enamels, tools, undercoats, thinners, and varnishers. The company offers its products under the Asian Paints, SCIB Paints, Apco Coatings, Asian Paints Berger, Taubmans, Asian Paints Causeway, and Kadisco Asian Paints brand names. It serves homeowners, large projects, dealers, corporates, architects, interior designers, contractors, and influencers through multi-channel distribution network comprising wholesalers, distributors, retail outlets, and e-commerce platforms. Asian Paints Limited was founded in 1942 and is headquartered in Mumbai, India.
Research context
Asian Paints Limited appears in PyInvesting’s India Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- INR
- Sector
- Basic Materials
- Industry
- Specialty Chemicals
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5 years, 6 months ago
Asian Paints Limited is currently in a long term uptrend where the price is trading 19.5% above its 200 day moving average.
From a valuation standpoint, the stock is 99.5% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 12.5.
Asian Paints Limited's total revenue rose by 25.2% to $68B since the same quarter in the previous year.
Its net income has increased by 62.0% to $12B since the same quarter in the previous year.
Finally, its free cash flow fell by 3.8% to $12B since the same quarter in the previous year.
Based on the above factors, Asian Paints Limited gets an overall score of 4/5.