What is Asian Paints Ltd's PE ratio?

Asian Paints Ltd trades at a P/E ratio of 57.00.

What is Asian Paints Ltd's market cap?

Asian Paints Ltd's market capitalisation is ₹2.53L Cr.

When are Asian Paints Ltd's next results?

Asian Paints Ltd's next earnings date is 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)

₹2,637.90

Mkt cap

₹2.53L Cr

P/E ratio

57.00

P/B

11.83

Div yield

1.04%

ROE

21.80%

ROCE

26.30%

EPS (TTM)

₹46.28

Book value

₹223

52W range

2,121–2,969

Sector

Consumer Discretionary

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 500820www.asianpaints.com

Health check

Mixed

ValuationExpensive

ProfitabilityStrong

GrowthModerate

TechnicalsNeutral

52-week range

−11.14% from high

₹2,638

₹2,121+24.35% from low₹2,969

Current

₹2,637.90

Prev close

₹2,639.50

Day

−0.06%

Price performance

−0.06%

−1.99%

−0.28%

+6.15%

−1.41%

+9.96%

YTD

−4.86%

Financials

F

Revenue, profit & margin

P/E ratio

57.0×

ASIANPAINT is 60% above the sector median of 35.7×

ASIANPAINT57.0×

Sector median35.7×

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales	8,787	9,182	8,479	9,103	8,731	8,970	8,028	8,549	8,359	8,939	8,531	8,867	9,247
Expenses	6,923	7,061	6,762	7,047	7,039	7,276	6,788	6,913	6,923	7,314	7,028	7,086	7,460
Operating Profit	1,865	2,121	1,716	2,056	1,691	1,694	1,240	1,637	1,436	1,625	1,503	1,781	1,787
OPM %	21%	23%	20%	23%	19%	19%	15%	19%	17%	18%	18%	20%	19%
Other Income	104	228	194	186	212	193	25	193	-60	229	237	69	197
Interest	39	46	51	54	54	55	63	56	53	44	44	48	59
Depreciation	220	198	209	220	226	228	242	256	301	301	305	313	310
Profit before tax	1,710	2,105	1,651	1,968	1,624	1,604	959	1,518	1,022	1,509	1,392	1,489	1,614
Tax %	26%	25%	25%	25%	21%	26%	28%	26%	31%	26%	27%	28%	27%
Net Profit	1,258	1,575	1,232	1,475	1,275	1,187	694	1,128	701	1,117	1,018	1,074	1,185
EPS in Rs	12.87	16.16	12.57	15.09	13.10	12.20	7.24	11.58	7.22	11.47	10.36	11.05	12.22
Raw PDF

Earnings

EResults dates & reactions

Next results

29 Jul '26scheduled

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

Avg earnings-day move −0.24% · closed higher next day 29 of last 65

	Q1FY24	Q2FY24	Q3FY24	Q4FY24	Q1FY25	Q2FY25	Q3FY25	Q4FY25	Q1FY26	Q2FY26	Q3FY26	Q4FY26†
Broadcast	25 Jul '23◦	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	15 Jul '26◦
Earnings day	−0.81%	−0.17%	−2.42%	+2.26%	−1.44%	−8.17%	−3.36%	+1.38%	+0.60%	+3.96%	−4.23%	+0.18%
+1 day	−0.91%	+0.23%	−2.36%	+6.24%	−0.95%	−10.64%	−3.86%	+2.29%	−0.22%	+4.93%	−7.88%	+0.71%
+5 days	−1.10%	+0.59%	−9.04%	+3.68%	−2.46%	−10.32%	−5.36%	+2.25%	+3.74%	+3.25%	−6.49%	−0.04%
+15 days	−6.39%	+6.08%	−8.96%	+6.31%	+1.04%	−11.19%	−5.98%	+10.32%	+6.87%	+6.77%	−7.27%	—
+30 days	−4.53%	+8.93%	−12.66%	+6.86%	+5.12%	−18.31%	−2.29%	+6.57%	+6.03%	−0.84%	−15.31%	—
Filing	XBRL	XBRL	XBRL	XBRL	XBRL	XBRL	XBRL	XBRL	XBRL	XBRL	XBRL	XBRL

Corporate actions

CLast 6 months

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

Shareholding

Sas 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

P7 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
Asian Paints	₹2,637.90	56.95	2,53,008	1.04%	1,185	+43.83%	9,247	+10.62%	26.34%
Berger Paints	₹497.95	51.37	58,126	0.80%	335	+17.33%	2,868	+6.07%	21.55%
Kansai Nerolac	₹193.19	26.96	15,609	1.29%	110	+15.06%	1,954	+7.54%	11.99%
JSW Dulux	₹2,943.90	37.15	13,415	1.70%	126	+15.96%	883	−12.92%	22.73%
Indigo Paints	₹1,048.90	33.43	5,006	0.33%	57	+0.77%	398	+8.36%	17.94%
Sirca Paints	₹393.45	34.30	2,231	0.51%	18	+25.07%	134	+33.07%	20.28%
Shalimar Paints	₹68.90	—	575	0.00%	−7	+22.37%	156	−12.32%	−7.92%
Median: 9 Co.	₹393.45	35.72	5,006	0.80%	57	+17.33%	398	+7.54%	20.28%

Filings

D

Annual reports15

Financial Year 2026bse Financial Year 2025bse Financial Year 2024bse Financial Year 2023bse Financial Year 2022bse Financial Year 2021bse Financial Year 2020bse Financial Year 2019bse Financial Year 2018bse Financial Year 2017bse Financial Year 2016bse Financial Year 2015bse Financial Year 2014bse Financial Year 2013bse Financial Year 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)-Analyst / Investor Meet - Intimation 23h - Asian Paints will hold investor conference call on 29 July 2026 at 5:00 p.m. IST for Q1 FY27.Video Recording And Transcript Of The 80Th Annual General Meeting Of The Company 16 Jul Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 - ESG Rating 16 Jul - ERAIL assigned Asian Paints ESG rating 68, retained Strong category, improving over previous rating.Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 16 Jul - Regulation 74(5) compliance certificate filed for quarter ended 30 June 2026.Chairman'S Speech At The 80Th Annual General Meeting Of The Company 13 Jul - Chairman’s AGM speech highlighted FY26 sales ₹35,516 crore, profit ₹4,325.4 crore, ₹27.50 dividend, and Fujairah facility commissioning.