by Are You Wondering Which Share Is the Right Choice For Investment Currently? Asian Paints Share Price Target 2024-2050 Will be Covered Here In our blog we will go over some basic points about Asian Paints’ share Price Target for 2024, 2025, 2030, 2040, 2050 as per Expert Opinion and Research Results
Asian Paints Share Price Target is an investment share in the share market that we will explore here in detail, covering its financial growth, business policy decisions and forecast share prices annually using expert data and analysis to give an understanding of Asian Paints Share Price Target as soon as it hits 2024-2050. This article may prove beneficial to investors looking for opportunities with this stock and its target price targets for 2024-50.
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Asian Paints Company Overview
Asian Paints Ltd. was established in 1942 with its headquarters located in Mumbai, India. Specializing in paint and coating production, Asian Paints is listed both on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), under Manish Choksi as its Chairman and on asianpaints.com for further details.
| Attribute | Details |
|---|---|
| Company Name | Asian Paints Ltd. |
| Founded | 1942 |
| Headquarters | Mumbai |
| Industry | Chemicals |
| Chairman | Manish Choksi |
| Stock Exchange Listing | NSE & BSE |
| Official Website | asianpaints.com |
Fundamental Analysis by Asian Paints Limited.
Asian Paints Ltd has an estimated market capitalization of Rs2.70,018.97 crore and enterprise value of Rs2.69,705.45 crore. It holds 95.92 crore shares outstanding and an earnings-to-book (P/B) ratio of 15.24. Face value of each share in this company is Rs1, and its dividend yield is 0.92%. Book Value per Share stands at Rs184.70 with cash reserves totalling Rs362.88 crore and debt totalling Rs49.36 crore; promoter holding of 52.63% is maintained. Earnings per share for the trailing twelve months (TTM) total Rs55.73 and sales growth was 19.41% with a return on equity (ROE) rate of 28.38% and return on capital employed (ROCE) rate of 38.50% respectively. Furthermore, profit has experienced substantial increases as well.
| Attribute | Details |
|---|---|
| Company | Asian Paints Ltd. |
| Market Cap | ₹ 2,70,018.97 Cr. |
| Enterprise Value | ₹ 2,69,705.45 Cr. |
| No. of Shares | 95.92 Cr. |
| P/E | 50.51 |
| P/B | 15.24 |
| Face Value | ₹ 1 |
| Div. Yield | 0.92% |
| Book Value (TTM) | ₹ 184.70 |
| Cash | ₹ 362.88 Cr. |
| Debt | ₹ 49.36 Cr. |
| Promoter Holding | 52.63% |
| EPS (TTM) | ₹ 55.73 |
| Sales Growth | 19.41% |
| ROE | 28.38% |
| ROCE | 38.50% |
| Profit Growth | 30.80% |
Asian Paints Financials Services
Income Statement
Asian Paints Ltd. reported revenue of Rs354.38 billion for 2024, representing year-on-year (Y/Y) growth of 2.93%. Operating expenses increased 10.27% year over year to Rs84.34 billion while net income reached Rs54.60 billion, showing year-over-year net profit margin growth of 15.41% to 15.41%; earning per share (EPS) were at Rs56.94, reflecting 31.82% year on year growth while EBITDA growth totalled 20.08% and the effective tax rate for Asian Paints was 24 3% with no difference indicated from last year Y/Y period.
| Attribute | 2024 | Y/Y Change |
|---|---|---|
| Revenue | ₹354.38B | 2.93% |
| Operating Expense | ₹84.34B | 10.27% |
| Net Income | ₹54.60B | 32.97% |
| Net Profit Margin | 15.41% | 29.17% |
| Earnings per Share | ₹56.94 | 31.82% |
| EBITDA | ₹72.29B | 20.08% |
| Effective Tax Rate | 24.36% | — |
Balance Sheet
Asian Paints Ltd. reported cash and short-term investments of Rs54.32 billion, representing year-on-year (Y/Y) growth of 54.91%. Assets totalled Rs299.24 billion with 15.99% year-over-year growth while liabilities rose 12.28% year over year. Equity for the company stood at Rs194.24 billion with no changes from prior year; 959.20 million shares outstanding remained unaltered; price-to-book ratio stood at 11.74; return on assets (ROA) was 15.12% while return on Capital (ROC) achieved 20.93% return with no changes reported year over year changes for either metrics. Asian Paints Share Price Target
| Attribute | 2024 | Y/Y Change |
|---|---|---|
| Cash and Short-term Investments | ₹54.32B | 54.91% |
| Total Assets | ₹299.24B | 15.99% |
| Total Liabilities | ₹105.00B | 12.28% |
| Total Equity | ₹194.24B | — |
| Shares Outstanding | 959.20M | — |
| Price to Book | 11.74 | — |
| Return on Assets | 15.12% | — |
| Return on Capital | 20.93% | — |
Cash Flow
Asian Paints Ltd. reported a net income of Rs54.60 billion in 2024, representing year-on-year (Y/Y) growth of 32.97%. Cash from operations increased 45.55% compared to 2023 while investing activities saw their cash decrease 97.52% to Rs-25.18 billion and financing activities by 39.37%; ultimately leading to a net change in cash of Rs5.73 billion or 25.73% decrease; nevertheless the company managed a strong free cash flow growth of 255.76% despite this. Asian Paints Share Price Target
| Attribute | 2024 | Y/Y Change |
|---|---|---|
| Net Income | ₹54.60B | 32.97% |
| Cash from Operations | ₹61.04B | 45.55% |
| Cash from Investing | ₹-25.18B | -97.52% |
| Cash from Financing | ₹-29.83B | -39.37% |
| Net Change in Cash | ₹5.73B | -25.73% |
| Free Cash Flow | ₹40.93B | 255.76% |
Asian Paints Share Price Target 2024
At Hempel India Limited we produce products used both industrially and decoratively, always meeting customer demands with new paint products introduced over time to meet them. Hempel Paint Company ranks second in Asia and eighth worldwide among paint companies; as these new offerings launch they should lead to further business growth for us soon enough – eventually targeting Rs3869 price target by 2024!
Price estimates range between Rs2200 to Rs3869 by 2024.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
|---|---|---|
| 2024 | 2911 | 3869 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
|---|---|---|
| November | 2747 | 3031 |
| December | 2280 | 2569 |
Asian Paints Share Price Target 2025
This company isn’t just popular within India; their products can also be found around the globe. Now operating in over 60 countries worldwide and earning substantial revenue each year. Their management are working on expanding to new regions over time by creating products tailored specifically for customers in each location – this should help accelerate expansion quickly into new markets – the target price should reach Rs3704 by 2025!
By 2025, we anticipate prices to range between Rs2280 to Rs3704.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
|---|---|---|
| 2025 | 2280 | 3704 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
|---|---|---|
| January | 2280 | 3139 |
| February | 2331 | 3167 |
| March | 2357 | 3189 |
| April | 2400 | 3280 |
| May | 2434 | 3376 |
| June | 2487 | 3457 |
| July | 2455 | 3490 |
| August | 2527 | 3549 |
| September | 2587 | 3589 |
| October | 2574 | 3621 |
| November | 2610 | 3611 |
| December | 2630 | 3704 |
Asian Paints Share Price Target 2030
They have made great strides toward expanding both decorative and industrial paint markets; recently reporting strong progress for cars and chemicals in this sector of industry. While most of their revenue now comes from domestic/decorative paint sales, the focus remains increasing their industrial paint revenue through developing new paints for this niche area of industry; investing heavily into advertising to drive up sales; their price target would be Rs8670 by 2030.
The price would be between ₹7841 to ₹8670.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
|---|---|---|
| 2030 | 7841 | 8670 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
|---|---|---|
| January | 7841 | 8056 |
| February | 7921 | 8132 |
| March | 7954 | 8180 |
| April | 7943 | 8211 |
| May | 8031 | 8283 |
| June | 8085 | 8342 |
| July | 8134 | 8330 |
| August | 8190 | 8437 |
| September | 8152 | 8407 |
| October | 8264 | 8489 |
| November | 8290 | 8470 |
| December | 8380 | 8670 |
Asian Paints Share Price Target 2040
The company consistently updates their product range to remain a strong competitor in the market. They excel in this by listening closely to customer desires when creating new items; doing this keeps their paint popular among buyers. In addition, the firm invests heavily in research teams with the intention of improving quality while simultaneously developing and launching new offerings; recently starting over 130 new projects to increase production while simultaneously unveiling 23 architectural paint types as new offerings; this would place them as one of the strongest brands within their sector by 2040 when their target price would hit Rs15320 per share
2040 prices could range anywhere between Rs13610 to Rs15320.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
|---|---|---|
| 2040 | 13610 | 15320 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
|---|---|---|
| January | 13610 | 13851 |
| February | 13771 | 13934 |
| March | 13750 | 13900 |
| April | 13790 | 13944 |
| May | 13867 | 14060 |
| June | 13922 | 14146 |
| July | 14007 | 14436 |
| August | 14156 | 14480 |
| September | 14231 | 14569 |
| October | 14390 | 14760 |
| November | 14476 | 14980 |
| December | 14780 | 15320 |
Asian Paints Share Price Target 2050
Asian Paints is working tirelessly to strengthen its position within the paint industry as well as in related areas like kitchen and bath products, investing heavily to keep up with high paint demand while expanding rapidly – these efforts should pay dividends soon enough, giving an indication of success for this long-term investment strategy: its price target by 2050 should reach Rs24480!
2050 will see prices range between Rs22440 to Rs24480 for these devices.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2050 | 22440 | 24480 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 22440 | 22673 |
| February | 22521 | 22810 |
| March | 22620 | 22945 |
| April | 22750 | 23021 |
| May | 22870 | 23122 |
| June | 22920 | 23311 |
| July | 23160 | 23641 |
| August | 23341 | 23746 |
| September | 23470 | 23920 |
| October | 23780 | 24020 |
| November | 23890 | 24232 |
| December | 24121 | 24480 |
Should I Invest in Asian Paints Stock?
Asian Paints’ success can be attributed to its strong brand recognition and understanding of customer desires; both have proven instrumental in growing its market. Furthermore, this growth will allow Asian Paints to expand its distribution reach throughout villages and cities all across India; expectedly this growth should benefit them immensely in future years.
Asian Paints Ltd Realizes Successes
The company boasts a market capitalization of Rs3,04,046.52 crore with a price-to-book (P/B) ratio of 15.56 at face value of Rs1 per share and offers a dividend yield of 1.17% on turnover of Rs5.92 crore. Return on equity (ROE) stands at 27.17% while earnings per share (EPS) sits at Rs12.44 (cash EPS is Rs14.47). Revenue stood at Rs7,881.62 crore with net profit reaching Rs1,192.40 crore which represented 13.04% net profit margin; operating income stood at Rs1.47 crore and cost of revenue stood at 5.15 crore – all figures representing 13.04% margin on revenue (net profit margin on revenue side). Finally diluted EPS stands at 12.2.
| Attribute | Value |
|---|---|
| Market Cap | ₹3,04,046.52 Cr |
| P/B | 15.56 |
| Face Value | ₹1 |
| Dividend Yield | 1.17% |
| Turnover (Cr.) | ₹5.92 Cr |
| ROE | 27.17% |
| EPS | ₹12.44 |
| Cash EPS | ₹14.47 |
| Revenue | ₹7,881.62 Cr |
| Net Profit | ₹1,192.40 Cr |
| Diluted EPS | ₹12.2 |
| Net Profit Margin | 13.04% |
| Operating Income | ₹1.47 Cr |
| Cost of Revenue | ₹5.15 Cr |
Are Asian Paints Shares Worth Purchasing (Bull Case & Bear Case)?
Bull Case:
Brand recognition helps this paint manufacturer stand out in an ever-competitive paint market.
Asian Paints continues its expansion within the paint industry by developing innovative new products and offering services tailored to customer demands.
The company plans on expanding their distribution network into smaller towns and villages, in hopes that this may boost future sales.
Investment in research and development leads to cutting-edge products.
At our company, the primary emphasis lies with expansion and keeping up with market trends. Asian Paints Share Price Target
Bear Case:
Many other businesses operate within the paint industry.
Your company is investing heavily in new projects, which if unsuccessful could pose serious risk.
Should raw material costs escalate, this could impact on a company’s profit margins and cause additional problems for profitability.
Asian Paints Shareholding Pattern
The ownership distribution of this company is well-spread across various investor categories, with promoters owning 52.63%. Retail and other individual investors account for 18.93%, reflecting significant public participation. Foreign institutions hold 15.28%, mutual funds hold 4.86% while other domestic institutions possess 8.30% total shares – all indicative of broad market appeal with both domestic and international investors providing financial backing for growth and development.
| Shareholder Type | Percentage |
|---|---|
| Promoters | 52.63% |
| Retail & Other | 18.93% |
| Foreign Institutions | 15.28% |
| Mutual Funds | 4.86% |
| Other Domestic Institutions | 8.30% |
Asian Paints Competitors/Peer Companies
The ownership distribution of this company is well-spread across various investor categories, with promoters owning 52.63%. Retail and other individual investors account for 18.93%, reflecting significant public participation. Foreign institutions hold 15.28%, mutual funds hold 4.86% while other domestic institutions possess 8.30% total shares – all indicative of broad market appeal with both domestic and international investors providing financial backing for growth and development.
FAQ :
What is the target of Asian Paints share price?’
According to Wall Street analysts, ASIANPAINT currently has an average one year price target of 2 724.3582 INR with low estimates being 2 100.8 and high ones being 3 937.5 INR.
Is ASIANPAINT stock a good buy?
Are You Wondering If Asian Paints Ltd Share Is Right Investment Option Long Term? According to analyst recommendations, Asian Paints Ltd Share has received a long term buy rating.
Is ASIANPAINT good for long term?
Why not invest in Asian Paints stock? Did you know they have been manufacturing paint since before India achieved independence in 1942? However, since listing on stock exchanges in 1994 they have posted returns of over 500% and an annual compound annual growth rate of 20% over 10 years!
