What is Asian Paints Ltd's PE ratio?

Asian Paints Ltd trades at a P/E ratio of 49.20.

What is Asian Paints Ltd's market cap?

Asian Paints Ltd's market capitalisation is ₹2.40L Cr.

When did Asian Paints Ltd last report results?

Asian Paints Ltd last reported Q1FY27 results on 29 Jul '26.

What is Asian Paints Ltd's ROE?

Asian Paints Ltd's return on equity (ROE) is 21.8%.

What sector is Asian Paints Ltd in?

Asian Paints Ltd (ASIANPAINT) is classified in the Consumer Discretionary sector (Paints).

Consumer Discretionary · Paints

Asian Paints Ltd (ASIANPAINT)

₹2,481.60

Mkt cap

₹2.40L Cr

P/E ratio

49.20

P/B

11.13

Div yield

1.10%

ROE

21.80%

ROCE

26.30%

EPS (TTM)

₹50.44

Book value

₹223

52W range

2,121–2,969

Sector

Consumer Discretionary

Price history

Previous close

Asian Paints is the largest home decor company in India. The 80+yr old company has major brands like Asian Paints, Apco, etc under its umbrella. The co. is into wall paints, wall coverings, waterproofing, texture painting, wall stickers, mechanized tools, adhesives, modular kitchens, sanitaryware, lightings, soft furnishings, and uPVC windows.

NSE ASIANPAINTBSE 500820

Health check

Mixed

ValuationExpensive

ProfitabilityStrong

GrowthModerate

TechnicalsNeutral

52-week range

−16.40% from high

₹2,482

₹2,121+16.98% from low₹2,969

Current

₹2,481.60

Prev close

₹2,500.90

Day

−0.77%

Price performance

−0.77%

−3.65%

−9.76%

−8.60%

+8.47%

−2.30%

YTD

−10.50%

Financials

Revenue, profit & margin

P/E ratio

49.2×

ASIANPAINT is 33% above the sector median of 37.1×

ASIANPAINT49.2×

Sector median37.1×

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	9,182	8,479	9,103	8,731	8,970	8,028	8,549	8,359	8,939	8,531	8,867	9,247	10,542
Expenses	7,061	6,762	7,047	7,039	7,276	6,788	6,913	6,923	7,314	7,028	7,086	7,460	8,373
Operating Profit	2,121	1,716	2,056	1,691	1,694	1,240	1,637	1,436	1,625	1,503	1,781	1,787	2,169
OPM %	23%	20%	23%	19%	19%	15%	19%	17%	18%	18%	20%	19%	21%
Other Income	228	194	186	212	193	25	193	-60	229	237	69	197	279
Interest	46	51	54	54	55	63	56	53	44	44	48	59	48
Depreciation	198	209	220	226	228	242	256	301	301	305	313	310	304
Profit before tax	2,105	1,651	1,968	1,624	1,604	959	1,518	1,022	1,509	1,392	1,489	1,614	2,096
Tax %	25%	25%	25%	21%	26%	28%	26%	31%	26%	27%	28%	27%	26%
Net Profit	1,575	1,232	1,475	1,275	1,187	694	1,128	701	1,117	1,018	1,074	1,185	1,559
EPS in Rs	16.16	12.57	15.09	13.10	12.20	7.24	11.58	7.22	11.47	10.36	11.05	12.22	16.05
Raw PDF

Earnings

Results dates & reactions

No upcoming results date on calendar.

Fresh quarters land in the Financials table above, tagged NSE until screener catches up.

Avg earnings-day move −0.30% · closed higher next day 27 of last 66

	Q2FY24	Q3FY24	Q4FY24	Q1FY25	Q2FY25	Q3FY25	Q4FY25	Q1FY26	Q2FY26	Q3FY26	Q4FY26†	Q1FY27
Broadcast	26 Oct '23◦	17 Jan '24◦	9 May '24◦	17 Jul '24◦	9 Nov '24◦	4 Feb '25◦	8 May '25◦	29 Jul '25◦	12 Nov '25◦	28 Jan '26	29 May '26◦	29 Jul '26◦
Earnings day	−0.17%	−2.42%	+2.26%	−1.44%	−8.17%	−3.36%	−0.13%	+0.60%	+3.96%	−4.23%	−1.47%	−0.44%
+1 day	+0.23%	−2.36%	+6.24%	−0.95%	−10.64%	−3.86%	+2.34%	−0.22%	+4.93%	−7.88%	−0.41%	−0.40%
+5 days	+0.59%	−9.04%	+3.68%	−2.46%	−10.32%	−5.36%	+2.21%	+3.74%	+3.25%	−6.49%	−0.46%	−0.12%
+15 days	+6.08%	−8.96%	+6.31%	+1.04%	−11.19%	−5.98%	−1.89%	+6.87%	+6.77%	−7.27%	+0.09%	−4.83%
+30 days	+8.93%	−12.66%	+6.86%	+5.12%	−18.31%	−2.29%	−0.73%	+6.03%	−0.84%	−15.31%	−1.15%	—
Filing	XBRL	XBRL	XBRL	XBRL	XBRL	XBRL	XBRL	XBRL	XBRL	XBRL	XBRL	XBRL

Corporate actions

Last 6 months

Kind	Value	Ex-date	Record
dividend Dividend - Rs 23 Per Share	23.00	23 Jun '26	23 Jun '26

Results analysis

Shareholding

as of Jun 2026

52.63%Promoter

Promoters52.63%

FIIs13.32%1.21

DIIs20.70%1.04

Public13.19%0.20

Government0.07%

Ownership trend

Peers

7 companies

Valuation vs quality

P/E × ROCE · bubble = market cap

Name	CMP	P/E	Mkt Cap	Div Yld	NP Qtr	Qtr Profit Var	Sales Qtr	Qtr Sales Var	ROCE
ASIANPAINT	₹2,500.90	49.18	2,39,843	1.10%	1,559	+39.96%	10,542	+17.94%	26.34%
BERGEPAINT	₹484.50	45.97	56,458	0.83%	405	+18.22%	3,584	+11.97%	21.55%
KANSAINER	₹194.28	24.35	15,701	1.29%	228	+4.83%	2,374	+9.79%	11.99%
JSWDULUX	₹3,186.80	37.81	14,516	1.57%	80	−12.42%	965	−3.02%	22.73%
INDIGOPNTS	₹1,178.00	33.97	5,624	0.42%	42	+60.74%	350	+18.72%	17.94%
SIRCA	₹436.85	37.05	2,484	0.46%	16	+14.07%	130	+13.80%	20.28%
SHALPAINTS	₹83.90	—	698	0.00%	−21	−26.77%	138	−10.90%	−7.93%
Median: 9 Co.	₹436.85	37.05	5,624	0.83%	42	+14.07%	350	+11.97%	20.28%

Filings

Annual reports15

Annual Report 2026bse Annual Report 2025bse Annual Report 2024bse Annual Report 2023bse Annual Report 2022bse Annual Report 2021bse Annual Report 2020bse Annual Report 2019bse Annual Report 2018bse Annual Report 2017bse Annual Report 2016bse Annual Report 2015bse Annual Report 2014bse Annual Report 2013bse Annual Report 2012bse

Credit ratings6

Rating update 24 Junfitch Rating update 12 Maycrisil Rating update 11 Maycrisil Rating update 10 Sep 2025crisil Rating update 10 Sep 2024crisil Rating update 29 Dec 2023crisil

Announcements5

Announcement under Regulation 30 (LODR)-Change in Directorate 7 Sep - Leo Puri appointed additional independent director; to become Chairman from 23 January 2027, subject to shareholder approval.Announcement under Regulation 30 (LODR)-Change in Directorate 7 Sep - Asian Paints appoints Leo Puri as independent director for five years; chairman23 January 2027.Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 7 Sep - Asian Paints to attend Jefferies 5th India Forum on 16 September 2026 in Gurugram.Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011. 5 Sep Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011. 5 Sep - Smiti Holding reported 03 Sep 2026 pledge release of 8.52 lakh shares and new pledge creation of 6.67 lakh shares.