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Asian Paints Ltd Fundamentals

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Market Cap

2,24,692.08 Cr.

Face value

1.00

Book value

212.92

Div. yield

1.06%

P/E ratio

62.47

P/B ratio

11.00

Debt/Eq.

0.04

Market Cap

2,24,692.08 Cr.

Face value

1.00

Book value

212.92

Div. yield

1.06%

P/E ratio

62.47

P/B ratio

11.00

Debt/Eq.

0.04
About Asian Paints Ltd
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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  Read more ▾

IndustryPaints
SectorChemicals
Top subsidiaries
Asian Paints (Polymers) Pvt Ltd.Asian Paints International Pvt Ltd.Asian Paints Industrial Coatings Ltd.Asian White Cement Holding Ltd.Asian Paints (Nepal) Pvt Ltd.Obgenix Software Pvt Ltd.Harind Chemicals & Pharmaceuticals Pvt Ltd.Weatherseal Fenestration Pvt Ltd.
MANAGEMENT
Promoter & Non-Executive DirectorNehal Vakil
Non Executive Independent DirectorMilind Sarwate
Non Executive Independent DirectorSuresh Narayanan
Non Executive Independent DirectorR Seshasayee
Non Executive Independent DirectorVibha Paul Rishi
Vice ChairmanManish Choksi
ChairmanDeepak Satwalekar
Promoter & Non-Executive DirectorJigish Choksi
CFO & Company SecretaryRJ Jeyamurugan
Non Executive Independent DirectorPallavi Shroff
Promoter & Non-Executive DirectorMalav Dani
Promoter & Non-Executive DirectorAmrita Vakil
Promoter & Non-Executive DirectorAshwin Dani
Managing Director & Chief Executive OfficerAmit Syngle
Promoter & Non-Executive DirectorNehal Vakil
Additional Independent DirectorSoumitra Bhattacharya
Independent DirectorIreena Vittal
CFO & Company SecretaryRJ Jeyamurugan
Promoter & Non-Executive DirectorAmrita Vakil
Promoter & Non-Executive DirectorJigish Choksi
Promoter & Non-Executive DirectorMalav Dani
Non Executive Independent DirectorMilind Sarwate
Non Executive Independent DirectorPallavi Shroff
Non Executive Independent DirectorSuresh Narayanan
Vice ChairmanManish Choksi
ChairmanR Seshasayee
Managing Director & Chief Executive OfficerAmit Syngle
Non Executive Independent DirectorVibha Paul Rishi
ChairmanR Seshasayee
Non Executive Independent DirectorSoumitra Bhattacharya
Non Executive Independent DirectorGopichand Katragadda
Non Executive Independent DirectorIreena Vittal
Non Executive Independent DirectorMilind Sarwate
Promoter & Non-Executive DirectorJigish Choksi
Promoter & Non-Executive DirectorMalav Dani
Vice ChairmanManish Choksi
Promoter & Non-Executive DirectorNehal Vakil
Promoter & Non-Executive DirectorAmrita Vakil
Managing Director & Chief Executive OfficerAmit Syngle
ChairmanR Seshasayee
CFO & Company SecretaryRJ Jeyamurugan
Promoter & Non-Executive DirectorMalav Dani
Promoter & Non-Executive DirectorAmrita Vakil
Non Executive Independent DirectorSoumitra Bhattacharya
Promoter & Non-Executive DirectorNehal Vakil
Non Executive Independent DirectorGopichand Katragadda
Non Executive Independent DirectorVarun Berry
Non Executive DirectorAshish Ashwin Choksi
Company Secretary & Compliance Officer, CFORJ Jeyamurugan
Non Executive Independent DirectorMilind Sarwate
Non Executive Independent DirectorIreena Vittal
Vice ChairmanManish Choksi
Managing Director & Chief Executive OfficerAmit Syngle
Other detail of Asian Paints Ltd
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location
Address6 A, Shantinagar, Santacruz E ,Mumbai ,Maharashtra-400055.
MORE DETAILS
NSE Code236
NSE SymbolASIANPAINT
SeriesEQ
ISININE021A01026

About Asian Paints Limited

Asian Paints Limited is India’s foremost paint and décor powerhouse with operations in 14 countries, 26 manufacturing facilities, and a presence in over 60 markets. In India it also highlights the largest distribution and retail network in the paints industry, with 169,000+ retail touchpoints.

The company is positioned as the #1 paint company in India and the #1 integrated home décor player, with leadership positions in decorative lighting and strong ranking in fabric and furnishings. Its portfolio spans paints and coatings, waterproofing, wood finishes, enamels, adhesives, tools and undercoats, as well as a wide range of home décor categories including wall coverings, modular kitchens and wardrobes, bath fittings and sanitaryware, decorative lighting, uPVC windows and doors, furniture, fabric and furnishings, and rugs; services include Colour Consultancy, Projects, Beautiful Homes Painting Services, Beautiful Homes Services, Waterproofing Solutions and Wood Solutions. Notable brands and platforms include Beautiful Homes, Royale Glitz, SmartCare and the Nilaya Anthology experiential retail destination in Mumbai   .


Asian Paints Limited’s Business Segments

  • Decorative and Home Décor (India): A wide range of decorative coatings and décor solutions supported by the largest-of-its-kind painting service.
  • International: Operations across Asia, the Middle East, Africa and the South Pacific, serving diverse consumer segments with local partnerships and innovations. 
  • Industrial: Custom-formulated products for automotive and industrial uses, delivered through dedicated entities and partnerships.

Asian Paints Limited’s Revenue by Industry Vertical (FY24–25, consolidated)

  •  Decorative & home décor business: ₹29,545.3 crore (87.4%)
  •  International business: ₹3,066.4 crore (9.1%)
  •  Industrial business: ₹1,185.7 crore (3.5%)

Asian Paints Limited Key Management

Amit Syngle, Managing Director & CEO: Appointed in April 2020; he has driven the company from ‘share of surface’ to ‘share of space’ by expanding into home décor categories such as furnishings, lighting and furniture.



Latest Updates on Asian Paints Limited

  • Capacity expansion: The Mysuru plant’s installed capacity was doubled from 300,000 KL per annum to 600,000 KL, at an investment of ₹1,164.30 crores; the company describes it as the world’s largest single-site facility for water-based paints post-expansion. 
  • Portfolio moves: Stake in SCIB Chemicals S.A.E. (Egypt) increased by 24.3% to 85.6% for ₹ 34.46 crores; A P International Doha Trading W.L.L. (Qatar) was voluntarily liquidated on 26 November 2024; divestment of PT Asian Paints Indonesia and PT Asian Paints Color Indonesia concluded on March 20, 2025.

Brand and recognition: Launch of Nilaya Anthology, a 100,000+ sq ft experiential luxury décor destination in Mumbai; multiple awards including FICCI Chemicals and Petrochemicals Awards 2024 recognitions and various marketing and manufacturing excellence accolades   .

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Frequently Asked Questions

It manufactures and sells paints, coatings and related products, and offers end-to-end décor solutions and services across categories from wall coverings and waterproofing to kitchens, bath and lighting .

In FY 2024–25, consolidated revenue was ₹29,545.3 crores (Decorative & home décor), ₹3,066.4 crores (International), and ₹1,185.7 crores (Industrial)

Key developments included doubling the Mysuru plant’s capacity, increased capex for APPPL, a higher stake in SCIB Egypt, the Qatar entity’s liquidation, and the Indonesia business divestment .