Asian Paints Share Price Target 2023, 2024, 2025, 2026,2027,2028,2029, 2030
Asian Paints is a leading Indian multinational paint company headquartered in Mumbai, India. It was founded in 1942 by Champaklal Choksey, Chimanlal Choksi, Suryakant Dani, and Arvind Vakil.
Asian Paints offers a wide range of decorative and industrial coatings and operates in 15 countries across the world. The company has a strong distribution network in India, with over 65,000 dealers and 190+ stock points, and has received numerous awards and recognitions for its performance, quality, and sustainability initiatives.
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Business Model of Asian Paint Limited
Asian Paints’ business model is centered around manufacturing and selling a wide range of paints, coatings, and home improvement products. The company follows a multi-brand and multi-channel distribution strategy, which enables it to cater to different customer segments and market segments.
Some key aspects of Asian Paints’ business model:
- Manufacturing: Asian Paints has several manufacturing plants across India, which produce a range of paints and coatings. The company invests heavily in research and development to develop new products and technologies.
- Distribution: Asian Paints has a vast distribution network in India, which includes more than 65,000 dealers, 190+ stock points, and over 14,000 color consultants. The company also operates exclusive brand stores, where customers can view and purchase its products.
- Multi-brand strategy: Asian Paints has a multi-brand strategy, which includes several sub-brands such as Royale, Apex, and Tractor Emulsion. This enables the company to cater to different customer segments and market segments.
- Marketing: Asian Paints invests heavily in marketing and advertising to build brand awareness and promote its products. The company uses a mix of traditional and digital media to reach its target audience.
- Innovation: Asian Paints has a strong focus on innovation and invests heavily in research and development. The company regularly introduces new products and technologies to meet changing customer needs and preferences.
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Shareholding of Asian Paint Limited
The shareholding pattern of Asian Paints was as follows:
- Promoters: The promoter group of Asian Paints holds a 52.79% stake in the company. The promoter group includes the Choksey, Dani, and Vakil families.
- Institutional Investors: Institutional investors hold a 34.26% stake in Asian Paints. This includes both domestic and foreign institutional investors, such as mutual funds, insurance companies, and foreign portfolio investors.
- Individual Investors: Individual investors hold a 12.95% stake in Asian Paints. This includes retail investors who have invested in the company’s shares through the stock market.
- Others: The remaining 0.01% stake in the company is held by other entities, such as trusts, non-resident Indians, and unclassified investors.
Asian Paint Share
Asian Paints Limited was a publicly traded company listed on the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE).
As of April 18, 2023, Asian Paints’s share price on the NSE was INR 2,855, Asian Paints Share 52 week high at Rs. 3,582/- & 52 week low Rs.25,560/-. The P/E Ratio of Asian Paints Share is 73.55 & Dividend Yield is 0.70%.
Company Name | Asian Paint Limited |
Share Name | ASIANPAINT |
Sector | Infrastructure, Construction, Heavy Industry, Real estate, Defence |
Founded in | 1946 |
Headquarters | Mumbai |
CEO | Mr. Amit Syngle |
Revenue | ₹29,101 crore (2022) |
Market Capitalization | ₹2.79 Lacs Crores |
Primary Exchange | NSE, BSE, |
Official Website | Click Here |
Asian Paint Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2040, 2050
Year | First Target | Second Target |
2023 | 3500 | 3800 |
2024 | 4100 | 4600 |
2025 | 5050 | 5650 |
2026 | 5900 | 6400 |
2027 | 6800 | 7500 |
2028 | 7900 | 8700 |
2029 | 9200 | 10200 |
2030 | 10600 | 11200 |
2040 | 25500 | 26800 |
2050 | 40500 | 42000 |
Note:- “That these share price targets for “Asian Paint Share” are only provided for the purpose of reference and that this prediction will only hold true in the event that there is optimism in the market. Any uncertainties regarding the company or the current state of the global market will not be addressed in this analysis.”
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Annual Result Summary of Asian Paint
Summary of Asian Paints’ consolidated annual results for the financial year ended March 31, 2021:
- Revenue: Asian Paints reported a consolidated revenue of INR 20,046 crore (approximately USD 2.7 billion), which represents a growth of 8.6% over the previous year.
- Net Profit: The company reported a consolidated net profit of INR 3,235 crore (approximately USD 438 million), which represents a growth of 13.1% over the previous year.
- Earnings per share (EPS): The consolidated EPS for the year was INR 37.39 (approximately USD 0.51), which represents a growth of 13.1% over the previous year.
- Dividend: The company declared a final dividend of INR 14.50 per share (approximately USD 0.20), taking the total dividend for the year to INR 21.50 per share (approximately USD 0.29).
- Margins: The company’s EBITDA margin for the year was 20.6%, which represents an improvement over the previous year.
- Geographic Segments: The company’s India operations (including Nepal, Bangladesh, and Sri Lanka) contributed 87% to the consolidated revenue, while the rest of the world (ROW) operations contributed 13%.
Asian Paints Share Price Target 2023
Asian Paints is one of the largest paint companies in India, with a market share of around 40% in the organized paint industry. Asian Paints is one of the largest paint companies in the world and has a strong financial performance. In FY2021, it reported a consolidated revenue of INR 20,046 crore and a net profit of INR 3,235 crore.
Asian Paints share price target 2023 are as follows –
Target Year | 1st Target | 2nd Target |
---|---|---|
2023 | ₹3500 | ₹3800 |
Asian Paints Share Price Target 2024
Asian Paints offers a wide range of paints for interior and exterior walls, wood, metal, and special effects. Some of its popular brands include Royale, Apex, Tractor Emulsion, and Utsav, The company has a strong focus on innovation and invests heavily in research and development. It has four state-of-the-art R&D centers in India and one in Singapore, where it develops new products and technologies.
Asian Paints share price target 2024 are as follows –
Target Year | 1st Target | 2nd Target |
---|---|---|
2024 | ₹4100 | ₹4600 |
Asian Paints Share Price Target 2025
Asian Paints is committed to sustainability and has set several goals to reduce its environmental impact. It has implemented various initiatives such as energy-efficient manufacturing, renewable energy, water conservation, and waste reduction.
Asian Paints share price target 2024 are as follows –
Target Year | 1st Target | 2nd Target |
---|---|---|
2025 | ₹5050 | ₹5650 |
Asian Paints Share Price Target 2026
The company has a diversified revenue base, with around 80% of its revenue coming from decorative paints and the remaining 20% from industrial coatings and other products. Asian Paints has a strong focus on innovation and invests heavily in research and development. The company has over 800 active patents and has set up several innovation centers in India and abroad.
Asian Paints share price target 2026 are as follows –
Target Year | 1st Target | 2nd Target |
---|---|---|
2026 | ₹5900 | ₹6400 |
Asian Paints Share Price Target 2027
Asian Paints has a strong focus on innovation and invests heavily in research and development. The company has over 800 active patents and has set up several innovation centers in India and abroad. The company has been consistently profitable, with a compound annual growth rate of around 19% in net profit over the last 10 years.
Asian Paints share price target 2027 are as follows –
Target Year | 1st Target | 2nd Target |
---|---|---|
2027 | ₹6800 | ₹7500 |
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Asian Paints Share Price Target 2030
Asian Paints is known for its strong distribution network, with over 50,000 dealers and retailers in India alone. The company is committed to sustainability and has set several targets related to reducing its carbon footprint, water consumption, and waste generation.
Asian Paints share price target 2030 are as follows –
Target Year | 1st Target | 2nd Target |
---|---|---|
2030 | ₹10600 | ₹11200 |
Dividends History of Asian Paints Share
Summary of the company’s dividend history for the last five years:
- Financial Year 2021-22: The company declared a final dividend of INR 15.50 per share, taking the total dividend for the year to INR 19.15 per share.
- Financial Year 2020-21: The company declared a final dividend of INR 14.50 per share, taking the total dividend for the year to INR 21.50 per share.
- Financial Year 2019-20: The company declared an interim dividend of INR 3.35 per share and a special dividend of INR 3.65 per share. The total dividend for the year was INR 12.10 per share.
- Financial Year 2018-19: The company declared an interim dividend of INR 1.45 per share and a final dividend of INR 7.10 per share. The total dividend for the year was INR 8.55 per share.
- Financial Year 2017-18: The company declared an interim dividend of INR 1.15 per share and a final dividend of INR 6.40 per share. The total dividend for the year was INR 7.55 per share.
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SWOT Analysis of Asian Paints Limited
Strengths:
- Strong brand recognition and reputation in the market.
- Wide range of products, catering to various customer segments and needs.
- Extensive distribution network, with a presence in over 15 countries.
- Strong financial performance and profitability.
- Innovation-driven approach to product development and technology adoption.
Weaknesses:
- Dependence on the Indian market, which accounts for a significant portion of the company’s revenue.
- Vulnerability to fluctuations in raw material prices and supply chain disruptions.
- Limited presence in certain geographic markets.
- Limited diversification in terms of product offerings, with a heavy focus on decorative paints.
Opportunities:
- Growing demand for sustainable and eco-friendly products, providing an opportunity for innovation in product development.
- Increasing demand for premium paints and coatings, driven by rising disposable incomes and changing consumer preferences.
- Expansion into new geographic markets, such as Africa and South America.
- Diversification into related products and services, such as home décor and painting services.
Threats:
- Intense competition from domestic and international players in the paint and coatings industry.
- Regulatory and compliance risks, such as changes in environmental regulations or taxation policies.
- Economic downturns and market volatility, which can impact consumer demand and purchasing power.
- Technological disruptions and changes in customer preferences that can impact product demand and usage.
Recent News of Asian Paints
Here are some recent news and developments related to Asian Paints Limited:
- The company announced that it had entered into a memorandum of understanding with the Gujarat government to set up a new manufacturing facility in the state. The plant is expected to have an annual capacity of 600,000 kilolitres.
- Asian Paints announced that it had acquired a 51% stake in Reno Chemicals Pharmaceuticals and Cosmetics Private Limited, a Sri Lanka-based manufacturer of personal care products.
- The company announced the launch of a new range of anti-bacterial and anti-viral surface coatings, aimed at addressing the increased demand for hygiene and safety in the wake of the COVID-19 pandemic.
- Asian Paints announced that it had launched a new ‘paint and wallpaper’ store format in Mumbai, aimed at offering customers a one-stop-shop for all their home decor needs.
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Future of Asian Paints Share
Here are some potential factors that could shape the company’s future:
- Expansion into new markets: Asian Paints has already established a strong presence in India and several other countries. The company’s recent partnership with the Gujarat government to set up a new manufacturing facility is an indication of its plans to expand further in the future. Entering into new markets could provide the company with growth opportunities and help diversify its revenue streams.
- Innovation-driven product development: The paint and coatings industry is constantly evolving, with increasing demand for sustainable and eco-friendly products, as well as new technologies and features. Asian Paints’ focus on innovation and product development could help it stay ahead of the curve and maintain its competitive edge in the market.
- Growing demand for premium and decorative paints: Rising disposable incomes and changing consumer preferences have led to increasing demand for premium and decorative paints. Asian Paints, with its strong brand recognition and diverse product range, is well-positioned to capitalize on this trend and capture a larger share of the market.
- Fluctuations in raw material prices and supply chain disruptions: As with any company in the industry, Asian Paints is vulnerable to fluctuations in raw material prices and supply chain disruptions. To mitigate these risks, the company may need to focus on cost management initiatives and diversify its supplier base.
Risk of Asian Paints Share
Some of these risks include:
- Raw material price volatility: The price of raw materials such as pigments, solvents, and chemicals can be volatile and impact Asian Paints’ profit margins. The company may need to pass on the increased costs to customers, which could affect sales volume and profitability.
- Foreign exchange risk: As Asian Paints has operations in several countries, it is exposed to foreign exchange risks. Fluctuations in currency exchange rates could affect the company’s revenue, profits, and cash flows.
- Competition: The paint and coatings industry is highly competitive, with several established players and new entrants vying for market share. Asian Paints faces competition from both domestic and international players, which could impact its pricing power, market share, and profitability.
- Regulatory risks: The paint and coatings industry is subject to several regulations related to environmental protection, health and safety, and taxation. Any changes in regulations could increase compliance costs and impact the company’s operations and profitability.
- Dependence on the Indian market: Asian Paints derives a significant portion of its revenue from the Indian market. Any adverse economic, political, or social developments in India could impact the company’s financial performance.
These are just some of the risks that Asian Paints may face. It is important to note that the company may be exposed to additional risks that are specific to its industry or operations.
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FAQs –
Today, Asian Paints share price is Rs.2855/-
Market Cap of Asian Paints is Rs.2.79 Lac Crores.
As per our analysis share price of Asian Paints in 2023 is in between Rs.3500 to Rs.3800/-
In 2025, Asian Paints Share price target will be Rs.5050 to Rs.5650/-.
52 week high of Asian Paints Ltd Stocks is Rs.3582/-
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