Asian Paints Ltd.
Snapshot View

2990.00 -26.25 ▼-0.9%

05 August 2021, 04:00:00 P.M.
Volume: 21,719

Overview View Details

Sector Chemicals Compare with Sector peers
Industry Paints Compare with Industry peers
Website http://www.asianpaints.com
Financial Indicators
Market Cap 289,318.03 Cr.
Earnings per share (EPS) 36.38 Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE) 82.91 Trailing Twelve Months Ending 2021-06
Industry PE 84.91 Trailing Twelve Months Ending 2021-06
Book Value / Share 139.52 Trailing Twelve Months Ending 2021-06
Price to Book Value 21.62 Calculated using Price: 3,016.25
Dividend Yield 0.59 Period Ending 2021-03
No. of Shares Subscribed 95.92 Cr. 959,197,790 Shares
FaceValue 1
Company Profile

Asian Paints has come a long way since its small beginnings in 1942. It was set up as a partnership firm by four friends who were willing to take on the world’s biggest, most famous paint companies operating in India at that time. Over the course of 25 years, Asian Paints became a corporate force and India's leading paints company. Driven by its strong consumer-focus and innovative spirit, the company has been the market leader in paints since 1967. Today, it is double the size of any other paint company in India.

The company also operates through ‘PPG Asian Paints Pvt Ltd’ (50:50 JV between Asian Paints and PPG Inc, USA, one of the largest automotive coatings manufacturer in the world) to service the increasing requirements of the Indian automotive coatings market. The second 50:50 JV with PPG named ‘Asian Paints PPG Pvt Ltd’ services the protective, industrial powder, industrial containers and light industrial coatings markets in India. Vertical integration has seen Asian Paints diversify into chemical products such as Phthalic Anhydride and Pentaerythritol, which are used in the paint manufacturing process.  The company has discontinued production of Phthalic Anhydride from end of July 2017. Today, the Asian Paints group operates in several countries across the world across four regions viz. Asia, Middle East, South Pacific and Africa through the eight corporate brands viz. Asian Paints, Asian Paints Berger, SCIB Paints, Apco Coatings, Taubmans, Causeway Paints and Kadisco.

Business area of the company

Asian Paints manufactures a wide range of paints for decorative and industrial use. In Decorative paints, the company is present in all the four segments v.i.z Interior Wall Finishes, Exterior Wall Finishes, Enamels and Wood Finishes. It also offers Water proofing, wall coverings and adhesives in its product portfolio. In the Home Improvement and Decor category, the company is present in the Kitchen and Bath fittings space and offers various products under Sleek and Ess Ess brand respectively.

Products:

  • Paints
  • Chemicals
  • Wall coverings
  • Textures Painting aid
  • Waterproofing solutions
  • Wall stickers
  • Mechanised tools
  • Kitchen fittings
  • Bath fittings and sanitaryware
  • Sanitizers and surface disinfectants
  • Adhesives
  • Kitchens & Wardrobes

Services:

  • Home Painting Services
  • Interior Design Services
  • Experience Retail Stores
  • Colour Consultancy
  • Projects
  • Sanitization services

Awards & Recognitions

  • 2002: Forbes Global Magazine, USA ranked Asian Paints amongst the 200 'Best Small Companies of the world'.
  • 2002: The Asset - one of Asia's leading financial magazines ranked Asian Paints amongst the leading Indian companies in Corporate Governance.
  • 2003: Asian Paints received the Ernst & Young 'Entrepreneur of the Year – Manufacturing' award.
  • 2003: Forbes Global Magazine, USA ranked Asian Paints amongst the 200 'Best Small Companies of the world'.
  • 2005: Forbes Global Magazine, USA ranked Asian Paints amongst the 200 'Best Small Companies of the world' in 2002 and 2003 and amongst the top 200 'Under a Billion Firms' of Asia.
  • 2005: Forbes Global Magazine, USA ranked Asian Paints amongst the top 200 'Under a Billion Firms' of Asia.
  • 2005: The Asset - one of Asia's leading financial magazines ranked Asian Paints amongst the leading Indian companies in Corporate Governance.
  • 2011: Asian Paints receives the Best Audit Committee Award from the Asian Centre for Corporate Governance & Sustainability.
  • 2011: Asian Paints was included in Forbes Magazine's - Asia's Fab 50 List of companies.
  • 2012: In March 2012, Asian Paints was presented the Asian Centre for Corporate Governance & Sustainability Award for the Best Governed Company in 2011.
  • 2012: Asian Paints was included in Forbes Magazine's - Asia's Fab 50 List of companies.
  • 2013: Asian Paints was included in Forbes Magazine's - Asia's Fab 50 List of companies.
  • 2014: Asian Paints was included in Forbes Magazine's - Asia's Fab 50 List of companies.
  • 2015: Asian Paints felicitated as one of the Most Impactful Companies of the Decade by CNBC Awaaz.
  • 2015: Asian Paints included in the list of India's Super 50 companies by Forbes India.
  • 2015: Asian Paints was ranked 11th amongst the Top paint companies in the world by Coatings World - Top Companies Report 2015.
  • 2016: Asian Paints wins ‘Outstanding Company of the year’ award for 2016 - ‘CNBC TV18 - India Business Leader Awards.
  • 2016: Top Ranked Indian company in the ‘Forbes Most Innovative company List’ in 2016 (Ranked 18th in the world).
  • 2017: Top Ranked Indian company in the Forbes Most Innovative company List’ (Ranked 8th in the world).
  • 2017: Asian Paints included in the list of India's Super 50 companies by Forbes India.
  • 2017: Asian Paints was ranked 10th amongst the Top paint companies in the world by Coatings World - Top Companies Report 2017.
  • 2018: Asian Paints was ranked 9th amongst the Top paint companies in the world by Coatings World - Top Companies Report 2018.
  • 2019: Asian Paints was ranked 9th amongst the Top paint companies in the world by Coatings World - Top Companies Report 2019.
  • 2019: Included in the Forbes List of World’s Best Regarded Companies. Second Consecutive appearance for Asian Paints in the coveted list.
  • 2020: Ranked 9th among the world’s leading paint companies by Coatings World - Top Companies Report.

Milestones:

  • 2006: Consolidated turnover crosses Rs 3000 crore.
  • 2007: Board of Directors approves setting up of new paint plant in Haryana, India.
  • 2007: Enter into a share purchase agreement for the sale of its stake in Asian Paints Queensland.
  • 2008: Asian Paints performs Bhoomi Pooja at its proposed paint plant site at Rohtak Haryana.
  • 2010: Signs MoU with Maharashtra Government to set up a Mega Project for manufacture of Paints and Intermediates at Kesurdi in Maharashtra.
  • 2010: Commencement of commercial production at its new paint manufacturing facility in Rohtak, Haryana.
  • 2011: The Board of Directors approved company’s plans to enhance its fourteen year old relationship with PPG Industries Inc. to accelerate growth of the non-decorative coatings businesses in India.
  • 2013: Completes acquisition of Sleek Group.
  • 2020: Asian Paints has received approval for Scheme of amalgamation of Reno Chemicals Pharmaceuticals & Cosmetics, a wholly owned subsidiary of the Company.
  • 2020: Forays into Hand & Surface Sanitizer category.
  • 2020: Launches range of furniture, furnishings, lighting products.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-0.87%
1 Week
-0.24%
1 Month
-0.89%
3 Month
+16.45%
6 Month
+25.80%
1 Year
+74.13%
2 Year
+96.12%
5 Year
+161.60%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 37.81 34.02 32.51 31.41 27.84 25.62 24.24 27.79 27.71
Return on Capital Employed (%) 49.86 47.17 44.85 44.35 39.33 36.65 35.44 35.78 36.95
Return on Assets (%) 18.56 17.00 16.80 18.17 17.13 15.68 14.44 16.82 17.42

Balance Sheet View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 3,384 4,039 4,742 6,525 7,604 8,410 9,471 10,130 12,806
Non Curr. Liab. 309 331 389 501 541 575 1,237 1,224 1,200
Curr. Liab. 2,930 3,459 3,519 3,149 3,885 4,451 5,180 4,380 5,926
Minority Int. 161 246 264 384 375 328 361 404 423
Equity & Liab. 6,785 8,075 8,915 10,559 12,405 13,763 16,249 16,138 20,355
Non Curr. Assets 2,778 3,160 3,576 4,824 5,440 6,849 8,622 8,558 8,329
Curr. Assets 4,006 4,915 5,339 5,735 6,966 6,914 7,627 7,580 12,027
Misc. Exp. not W/O
Total Assets 6,785 8,075 8,915 10,559 12,405 13,763 16,249 16,138 20,355

Profit Loss View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 10,939 12,715 14,183 14,271 15,397 16,887 19,350 20,263 21,713
Other Income 114 134 170 213 262 288 233 304 303
Total Income 11,053 12,849 14,353 14,485 15,659 17,175 19,583 20,568 22,016
Total Expenditure -9,201 -10,711 -11,940 -11,494 -12,372 -13,680 -15,586 -16,105 -16,857
PBIDT 1,852 2,138 2,413 2,991 3,287 3,495 3,997 4,463 5,159
Interest -42 -48 -42 -49 -37 -41 -110 -102 -92
Depreciation -155 -246 -266 -276 -335 -360 -622 -781 -791
Taxation -496 -572 -650 -844 -948 -1,042 -1,097 -856 -1,098
Exceptional Items -10 -28 -52
PAT 1,160 1,263 1,427 1,769 1,967 2,052 2,167 2,723 3,178

Cash Flow View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 1,187 1,402 1,188 2,243 1,527 2,113 2,470 3,038 3,683
Cash Fr. Inv. -499 -605 -478 -866 -656 -1,599 -944 -521 -548
Cash Fr. Finan. -601 -626 -576 -849 -756 -1,379 -1,117 -2,871 -650
Net Change 86 171 134 528 115 -865 408 -355 2,485
Cash & Cash Eqvt 736 926 1,067 1,578 1,668 846 1,280 929 3,421

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 52.79 52.79 52.79 52.79 52.79 52.79 52.79 52.79 52.79
Public 47.21 47.21 47.21 47.21 47.21 47.21 47.21 47.21 47.21
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 11.95 11.88 12.53 11.87 11.70 11.86 10.67 9.44 9.03

Announcements View Details

Wed, 04 Aug 2021
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Please find enclosed the intimation letter dated 4th August 2021 received from our RTA - M/s.
TSR Darashaw Consultants Private Limited providing information regarding loss of share
certificate by the shareholder of the Company. Duplicate share certificate will be issued after
completion of necessary procedures prescribed by Law.

This information is being submitted pursuant to Regulation 39(3) of the SEBI (Listing Obligations
and Disclosure Requirements) Regulations 2015.

This is for your information and record.
Wed, 28 Jul 2021
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Please find enclosed the intimation letter dated 27th July 2021 received from our RTA - M/s.
TSR Darashaw Consultants Private Limited providing information regarding loss of share
certificate by the shareholder of the Company. Duplicate share certificate will be issued after
completion of necessary procedures prescribed by Law.

This information is being submitted pursuant to Regulation 39(3) of the SEBI (Listing Obligations
and Disclosure Requirements) Regulations 2015.

This is for your information and record.
Thu, 22 Jul 2021
Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 47 of the Listing Regulations please find enclosed copies of notice given to shareholders regarding transfer of equity shares to the Investor Education and Protection Fund published in the following newspapers:

1. All India Edition of Business Standard
2. Mumbai Edition of The Free Press Journal
3. Mumbai Edition of Navshakti
4. Maharashtra Edition of Punyanagri

This is for your information and records.

Technical Scans View Details

Wed, 04 Aug 2021
Close Within 52 Week High Zone Close Within 52 Week High Zone
Increasing Relative Strength - Sectoral Index Increasing Relative Strength - Sectoral Index
Closing Near 50 SMA Closing Near 50 SMA
Tue, 03 Aug 2021
Higher Trade Quantity Higher Trade Quantity
Closing Above Previous High Closing Above Previous High

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