NSE ASIANPAINT · BSE 500820 · Chemical Manufacturing · NIFTY 50

Asian Paints Share Price

Market open · updated 25 Sep, 2:32 PM IST
₹2,410.60 ▼ −₹51.46 · 2.09% NSE · as of 24 Sep 2026, 8:28 AM · BSE ₹2,402.00
Today's range
₹2,402.00Low₹2,438.10High
52-week range
₹2,116.00Low · 23 Mar 2026₹2,985.50High · 4 Dec 2025

Asian Paints Overview

Where the price stands, how it has moved and how it sits against its averages.

Asian Paints shares last traded at ₹2,410.60 on the NSE, down 2.09% on the day. That is 19.3% below the 52-week high of ₹2,985.50 and 13.9% above the 52-week low of ₹2,116.00. The stock trades at 53.01× earnings, above the sector average of 20.26. Its market value is ₹2,30,399 Cr.

Price returns

1 Day▼ −2.09%
5 Days▲ +1.59%
This month▼ −7.48%
3 Months▼ −7.97%
6 Months▲ +8.14%
This year▼ −11.36%
1 Year▲ +0.33%

Against the market: 1 Month ▼ −3.23% · 3 Months ▼ −5.31% · 6 Months ▲ +8.78% · This year ▲ +0.96% · 1 Year ▲ +10.08%

Shading grows with the size of the move. Prices refresh every 15 minutes while the market is open (9:15 AM–3:30 PM IST).

Moving averages — price is above 0 of 6

  1. 100-day average₹2,638.77 ▼ price 8.6% below
  2. 50-day average₹2,633.19 ▼ price 8.5% below
  3. 300-day average₹2,584.72 ▼ price 6.7% below
  4. 20-day average₹2,526.35 ▼ price 4.6% below
  5. 10-day average₹2,455.47 ▼ price 1.8% below
  6. 5-day average₹2,442.14 ▼ price 1.3% below
  7. Today's price₹2,410.60

Averages above today's price sit higher on the ladder. Price above most of its averages is usually read as an upward trend.

Asian Paints Financial Results

Revenue and net profit in ₹ crore, with the full statements underneath.

Revenue₹ crore
35,584
Net profit₹ crore · losses below zero
5,460
4,325

Year by year

Fiscal yearRevenueGrowthNet profitNet marginEPSDividend
FY 2026 ₹35,584 Cr ▲ +4.9% ₹4,325 Cr 12.2% ₹45.11 ₹27.50
FY 2025 ₹33,906 Cr ▼ −4.5% ₹3,667 Cr 10.8% ₹38.25 ₹24.80
FY 2024 ₹35,495 Cr ▲ +2.9% ₹5,460 Cr 15.4% ₹56.94 ₹33.30
FY 2023 ₹34,489 Cr ▲ +18.5% ₹4,106 Cr 11.9% ₹42.82 ₹25.65
FY 2022 ₹29,101 Cr ▲ +34.0% ₹3,031 Cr 10.4% ₹31.60 ₹19.15
FY 2021 ₹21,713 Cr ▲ +7.4% ₹3,139 Cr 14.5% ₹32.73 ₹17.85
FY 2020 ₹20,211 Cr — ₹2,705 Cr 13.4% ₹26.23 ₹12.00

Balance sheet — FY26

Owes (liabilities)Shareholders' equity
38%
62%
  • Total assets₹34,534 Cr
  • Total liabilities₹13,163 Cr
  • Shareholders' equity₹21,372 Cr
  • Total debt₹3,929 Cr
  • Cash & investments₹8,602 Cr
  • Current ratio2.21×
  • Revenue growth, 5 yr10.38% a year
  • EPS growth, 5 yr6.63% a year
  • Operating margin (TTM)15.73%
  • Net margin (TTM)13.01%

Cash flow — FY26

Operating activities
▲ ₹7,088 Cr
Investing activities
▼ −₹1,334 Cr
Financing activities
▼ −₹2,377 Cr
Free cash flow
▲ ₹5,601 Cr
Net change in cash
▲ ₹3,383 Cr

Right of the line = cash coming in, left = cash going out. Free cash flow = cash from operations minus capital spending.

Full financial statements, FY20–FY26
₹ croreFY20FY21FY22FY23FY24FY25FY26
Total revenue20,211.2521,712.7929,101.2834,488.5935,494.7333,905.6235,583.54
Cost of revenue11,575.5912,293.8518,545.2921,568.4520,504.1819,942.3220,506.74
Gross profit8,635.669,418.9410,555.9912,920.1414,990.5513,963.3015,076.80
Operating expenses16,827.5617,645.2625,225.4629,042.6428,735.9729,285.0030,229.08
Operating income3,383.694,067.533,875.825,445.956,758.764,620.625,354.46
Depreciation780.50791.27816.36858.02853.001,026.341,228.85
Profit before tax3,633.994,304.354,187.725,688.837,347.775,103.076,003.44
Tax1,049.151,097.601,102.911,493.501,790.081,393.361,608.75
Net profit2,705.173,139.293,030.574,106.455,460.233,667.234,325.35
EPS (₹)26.2332.7331.6042.8256.9438.2545.11
Dividend per share (₹)12.0017.8519.1525.6533.3024.8027.50

What Analysts Say

35 analysts

Recommendations from 35 analysts who cover Asian Paints.

Buy average rating 2.57 on a 1–5 scale

▲ 18 bullish (51.4%) · 10 hold (28.6%) · ▼ 7 bearish (20.0%)

Votes

Strong Buy
5 (14%)
Buy
13 (37%)
Hold
10 (29%)
Sell
6 (17%)
Strong Sell
1 (3%)

How the votes changed

Rating3M ago2M ago1M ago1W agoNow3-month change
Strong Buy44555 ▲ +1
Buy1213131313 ▲ +1
Hold1111101010 ▼ −1
Sell76666 ▼ −1
Strong Sell11111 —

Analyst ratings are opinions, not a guarantee of returns.

Asian Paints vs Peers

Side by side with other chemical manufacturing companies. The small bars compare each column.

CompanyPriceChangeMarket capP/EP/BROE (5 yr)Net marginDiv. yieldRating
Asian Paints ₹2,410.60 ▼ −2.09% ₹2,30,399 Cr 53.01 11.01 24.22% 13.01% 1.12% This stock
Solar Industries India ₹19,601.30 ▼ −0.60% ₹1,77,372 Cr 99.61 26.62 30.43% 17.65% 0.06% Neutral
Pidilite Industries ₹1,521.05 ▼ −4.10% ₹1,54,825 Cr 64.76 14.71 21.84% 16.92% 0.73% Moderately Bearish
SRF ₹2,515.20 ▼ −0.98% ₹74,557 Cr 44.57 6.07 15.85% 11.62% 0.31% Bearish
Linde India ₹6,180.00 ▼ −1.72% ₹52,706 Cr 110.53 14.22 — 21.69% 0.06% Bearish
Coromandel International ₹1,930.00 ▼ −1.31% ₹56,969 Cr 29.55 4.77 21.10% 6.03% 0.54% Bearish

Rating = the data provider's overall technical view of each peer. Company names link to their own pages.

Shareholding Pattern

Who owns Asian Paints shares, quarter by quarter (latest on top).

PromoterFIIMFOther
Jun '26
52.6%
13.3%
10.1%
24.0%
Mar '26
Dec '25
Sep '25
HolderSep '25Dec '25Mar '26Jun '26Change
Promoter52.63%52.63%52.63%52.63% 0.00 pts
FII11.64%12.78%12.11%13.32% ▲ +1.21 pts
MF10.89%10.65%11.42%10.09% ▼ −1.33 pts
Other24.84%23.94%23.84%23.96% ▲ +0.12 pts

Asian Paints Key Metrics

Each ratio placed against a benchmark — the sector average, the company's own 5-year average, or a common rule of thumb.

Asian PaintsBenchmarkComfortable → stretched

Valuation Is the price reasonable?

P/E (TTM)Price ÷ yearly earnings per share
53.01
▲ 162% above the sector average of 20.26
P/E, 12-month rangeLow 48.01 · high 106.99
8%
Today's P/E sits 8% of the way from its low to its high
P/BPrice ÷ book value per share
11.01
P/SPrice ÷ sales per share
6.33
P/CFPrice ÷ cash flow per share
38.78
PEGP/E ÷ earnings growth (≈1 is fair)
28.22

Profitability Of every ₹100 of sales, how much is kept?

Gross marginKept after the cost of goods
44.00%
▲ above its 5-yr average of 40.05%
Operating marginKept after running costs
15.73%
▲ above its 5-yr average of 15.46%
Pre-tax marginKept before tax
17.72%
▲ above its 5-yr average of 16.81%
Net marginKept as profit
13.01%
▲ above its 5-yr average of 12.42%

Returns & efficiency How well does it use its money?

Return on equityProfit on shareholders' money
21.22%
▼ below its 5-yr average of 24.22%
Return on assetsProfit on everything it owns
13.54%
▼ below its 5-yr average of 15.34%
Return on investmentProfit on long-term capital
18.97%
▼ below its 5-yr average of 22.24%

Growth Is the business getting bigger?

Revenue — last 12 months
+9.8%
▲ growing
Revenue — 3 yr, a year
+1.1%
▲ growing
Revenue — 5 yr, a year
+10.4%
▲ growing
EPS — last 12 months
+32.5%
▲ growing (off the scale)
EPS — 3 yr, a year
+1.8%
▲ growing
EPS — 5 yr, a year
+6.6%
▲ growing
Dividend — 3 yr, a year
+2.4%
▲ growing
Book value — 5 yr, a year
+10.8%
▲ growing

Financial strength Can it pay its bills and debts?

Debt to equityBorrowings for every ₹1 of shareholders' money
0.18×
✓ Low debt
Current ratioShort-term assets for every ₹1 due within a year
2.21×
✓ Comfortable
Quick ratioLike the current ratio, without inventory
1.58×
✓ Comfortable
Interest coverOperating profit ÷ interest to pay
191.87×
✓ Strong
Payout ratioShare of profit paid as dividend
60.98%
✓ Balanced

Per share What each share stands for

EPS (TTM)
₹49.68
Book value
₹222.95
Cash flow
₹63.28
Dividend
₹27.50
Revenue
₹387.74

The share price is 10.81× the book value behind each share.

Benchmarks: sector averages and 5-year averages come from the data provider; the debt and liquidity bands are common rules of thumb, not investment advice.

All 111 metrics from the data provider

Valuation

P/E excluding extraordinary items, most recent fiscal year54.42
Current Dividend Yield - Common Stock Primary Issue, LTM1.12
Price to Book - most recent fiscal year11.01
P/E Basic excluding extraordinary items - TTM53.01
P/E including extraordinary items - TTM49.41
P/E excluding extraordinary items low, trailing 12 months48.01
Price to Tangible Book - most fiscal year11.26
Dividend Yield - 5 Year Average0.99
Price to sales - most recent fiscal year6.61
Dividend Yield - indicated annual dividend divided by closing price1.12
Price to Cash Flow per share - trailing 12 month38.78
Peg Ratio28.22
Price to Free Cash Flow per Share - most recent fiscal year74.11
P/E Normalized, most recent fiscal year53.03
P/E excluding extraordinary items high, trailing 12 months106.99
P/E excluding extraordinary items, most recent fiscal year quarter49.41
Price to sales - trailing 12 month6.33
Net Debt, LFY−46,727.10

Per share

Dividend Per Share - 5 year average26.08
Cash Flow per share - trailing 12 month63.28
Cash Flow per share - most recent fiscal year58.65
EPS including extraordinary items - trailing 12 month49.68
EPS including extraordinary items - most recent fiscal year45.11
EBITD per share - trailing 12 month75.49
Revenue/share - trailing 12 month387.74
EPS excluding extraordinary items - trailing 12 month49.68
EPS Basic excluding extraordinary items - most recent fiscal year45.12
EPS Basic excluding extraordinary items - trailing 12 month49.72
Book value per share - most recent fiscal year222.94
Dividend per share - most recent fiscal year27.50
Revenue/share - most recent fiscal year371.13
EPS Normalized - most recent fiscal year46.29
Book value (tangible) per share - most recent fiscal year217.98
Dividends per share - trailing 12 month27.50
EPS excluding extraordinary items - most recent fiscal year45.11
Cash per share - most recent fiscal year89.73

Margins

Operating margin - trailing 12 month15.73
Gross Margin - 5 year average40.05
Operating margin - 1st historical fiscal year15.05
Operating Margin - 5 year average15.46
Net Profit Margin % - 1st historical fiscal year12.35
Gross Margin - 1st historical fiscal year42.37
Net Profit Margin % - trailing 12 month13.01
Net Profit Margin - 5 year average12.42
Pretax Margin - 5 year average16.81
Pretax margin - 1st historical fiscal year16.87
Pretax margin - trailing 12 month17.72
Free Operating Cash Flow/Revenue, 5 Year Average1.88
Gross Margin - trailing 12 month44.00

Growth

EPS Change %, TTM over TTM32.46
Revenue growth rate, 5 year10.38
EPS growth rate, 5 year6.63
Revenue Change % - most recent quarter 1 year ago17.94
Growth rate% - dividend, 3 year2.35
Growth rate% - EPS, 3 year1.75
Revenue/share (5 yr growth)10.39
Free Operating Cash Flow, 5 Year CAGR1.86
Tangible Book Value, Total Equity, 5 Year CAGR11.24
Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year Interim CAGR6.50
Capital Spending growth rate, 5 year38.80
Revenue Change %, TTM over TTM9.78
Growth rate% - Revenue, 3 year1.05
Book value per share growth rate, 5 year10.80
EPS Change % - most recent quarter 1 year ago39.93
Net Profit Margin growth rate, 5 year−3.51
Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year CAGR6.76
Total Debt, 5 Year CAGR29.16

Financial strength

Free Cash Flow - most recent fiscal year31,754.80
LT debt/equity - most recent fiscal year0.12
Quick ratio - most recent fiscal year1.58
Payout ratio - trailing 12 month55.33
Current ratio - most recent fiscal year2.21
Current EV/Free Cash Flow, LFY135.21
Total debt/total equity - most recent fiscal year0.18
Net Interest coverage - trailing 12 month191.87
Payout ratio - most recent fiscal year60.98

Returns & efficiency

Return on average equity - 5 year average24.22
Net Income/employee - trailing 12 month43,33,534.00
Revenue/employee - most recent fiscal year3,19,52,180.00
Return on investment - most recent fiscal year18.97
Return on average assets - most recent fiscal year13.54
Receivables turnover - most recent fiscal year8.09
Inventory turnover - most recent fiscal year3.29
Revenue/employee - trailing 12 month3,33,15,650.00
Return on average assets - 5 year average15.34
Net Income/employee - most recent fiscal year39,46,204.00
Asset turnover - most recent fiscal year1.10
Return on average equity - most recent fiscal year21.22
Return on investment - 5 year average22.24

Price & volume

Market Cap2,32,754.14
52 week Low Date23 Mar 2026
Price - 1 Day % Change0.27
Relative (S&P500) price percent change - 13 week−5.31
Avg trading volume last 10 days0.53
Price - 13 week price percent change−7.97
Price - 52 week price percent change0.33
Avg Trading Volume Last 3 months18.52
Price - 5 Day % Change1.59
Price % Change Month To Date−7.48
Relative (S&P500) price percent change - 04 week−3.23
52 week High Date4 Dec 2025
Price - 26 week price percent change8.14
PDATE23 Sep 2026
Price - YTD price percent change−11.36
Relative (S&P500) price percent change - 52 week10.08
NPRICE2,455.00
Relative (S&P500) price percent change - 26 week8.78
52 week Low2,115.00
52 week High2,985.70
Beta1.13
Relative (S&P500) price percent change - Year to Date0.96

Dividends & Corporate Events

Payouts to shareholders, splits and bonus issues, and company meetings — newest first.

Dividend per share₹ per share, by fiscal year
₹33.30
₹27.50
  • Dividend yield1.12%
  • Payout ratio60.98%
  • 5-year average dividend₹26.08 a share
  • Latest dividend₹23.00 per share · 23 Jun 2026

Corporate calendar

  • MeetingPostal Ballot
  • BoardQuarterly Results
  • MeetingAnnual General Meeting
  • Dividend₹23.00 per share · 2,300% · Final dividend
  • BoardAudited Results & Final Dividend
  • BoardQuarterly Results
  • Dividend₹4.50 per share · 450% · Interim dividend
  • BoardQuarterly Results & Interim Dividend
Show 14 older events
  • MeetingAnnual General Meeting
  • Dividend₹20.55 per share · 2,055% · Final dividend
  • BoardAudited Results & Final Dividend
  • BoardQuarterly Results
  • Dividend₹4.25 per share · 425% · Interim dividend
  • BoardQuarterly Results & Interim Dividend
  • MeetingPostal Ballot
  • BoardQuarterly Results
  • MeetingAnnual General Meeting
  • Dividend₹28.15 per share · 2,815% · Final dividend
  • MeetingPostal Ballot
  • Dividend₹5.15 per share · 515% · Interim dividend
  • Dividend₹21.25 per share · 2,125% · Final dividend
  • Dividend₹4.40 per share · 440% · Interim dividend

About Asian Paints

Chemical Manufacturing

Asian Paints Limited is an India-based company which is engaged in the business of manufacturing, selling and distribution of paints, coatings, products related to home decor, bath fittings and providing related services. It operates through the Paints and Home Decor segment Nilaya Play and Nilaya Once Wall W.R.A.P. (Wear Resistant Advanced Polymer) product is a patented paint-film that is anti-bacterial, antifungal and water-resistant. Its services include Painting Services, Interior Solutions, Waterproofing Services, Sleek Kitchen, Bathroom Design & Execution and Wood Solutions. Its segments include Decorative business, Home Decor business, International business and Industrial business. Its Interior Wall Products include Interior Paints, Interior Textures and Wallpapers. Its Exterior Wall Products include Exterior Paints and Exterior Textures. Its Waterproofing Products include Bathroom Waterproofing, Tiling and others. Its Other Surface product include Wood Finishes and others.

Key people

  • Amit SyngleChief Executive Officer, Managing Director, Executive Director
  • Ramalingam Jeyapandiyan JeyamuruganChief Financial Officer, Compliance Officer, Company Secretary

Company facts

  • NSE symbolASIANPAINT
  • BSE code500820
  • ISININE021A01026
  • IndustryChemical Manufacturing
  • IndexNIFTY 50, NIFTY 500
  • Market cap₹2,30,399 Cr
  • Revenue (FY26)₹35,584 Cr
  • Net profit (FY26)₹4,325 Cr

In the News

Recent headlines about Asian Paints — they open on Mint in a new tab.

Stock data comes from the exchange feed via our data provider and may be delayed. It is for information only and is not a recommendation to buy or sell. See all stocks →

Frequently Asked Questions

Asian Paints (NSE: ASIANPAINT) last traded at ₹2,410.60 on the NSE, down 2.09% (₹51.46) on the day, as of 24 Sep 2026, 8:28 AM. On the BSE it was ₹2,402.00. The day's range was ₹2,402.00 – ₹2,438.10.

Asian Paints's 52-week high is ₹2,985.50 (4 Dec 2025) and its 52-week low is ₹2,116.00 (23 Mar 2026). At ₹2,410.60 the share is 19.3% below its high and 13.9% above its low.

Asian Paints's market capitalisation is ₹2,30,399 Cr (₹2.30L Cr). It is part of the NIFTY 50 index.

Asian Paints's P/E ratio (trailing 12 months) is 53.01. The sector average is 20.26, so investors pay 162% more for each rupee of its earnings than for the average company in its sector. Its earnings per share (TTM) are ₹49.68.

Asian Paints shares are up 0.33% over the last year, down 11.36% so far this year, up 8.14% over 6 months, down 7.97% over 3 months. Over the last year the stock did 10.08% better than the market.

In FY26 (year to Mar 2026), Asian Paints reported revenue of ₹35,584 Cr (up 4.95% on the year before) and a net profit of ₹4,325 Cr. Earnings per share were ₹45.11.

Yes. Asian Paints's latest dividend is ₹23.00 per share (2,300%, final dividend), with an ex-date of 23 Jun 2026. The dividend yield is 1.12%. It has paid 8 dividends in the records shown on this page.

Of 35 analysts covering Asian Paints, 18 are bullish (5 strong buy, 13 buy), 10 say hold and 7 are bearish. The consensus is Buy (average rating 2.57 on a scale where 1 is Strong Buy and 5 is Strong Sell). Analyst views are opinions, not a guarantee.

As of Jun 2026: Promoter 52.63%, FII 13.32%, MF 10.09%, Other 23.96%.

Asian Paints's listed peers in Chemical Manufacturing include Solar Industries India, Pidilite Industries, SRF, Linde India, Coromandel International. By market capitalisation it ranks #1 of 6 in this group.