Overall Fundamental outlook

Business Operations:

Sector: Basic Materials
Industry: Specialty Chemicals

Asian Paints Limited, together with its subsidiaries, engages in the manufacturing, selling, and distribution of paints, coatings, and products related to home decoration and bath fittings in Asia, the Middle East, Africa, and the South Pacific region. The company offers wall coverings; textures painting aids; waterproofing products; wall stickers; mechanized tools; adhesives; modular kitchens and wardrobes; bath fittings and sanitaryware; decorative lighting products; fabrics, furniture, furnishings, and rugs; and unplasticized polyvinyl chloride windows and door systems, as well as personalized interior design, safe painting, and color consulting services. It also provides interior and exterior wall finishes, wood finishes, enamels, tools, undercoats, thinners, and varnishers. The company offers its products under the Asian Paints, SCIB Paints, Apco Coatings, Asian Paints Berger, Taubman, Asian Paints Causeway, and Kadisco Asian Paints brand names through a network of dealers and retail stores, as well as operates asianpaints.com, an online shop. Asian Paints Limited was founded in 1942 and is headquartered in Mumbai, India.

Revenue projections:

Revenue projections for ASIANPAINT
Revenue projections for ASIANPAINT

With Asian Paints Limited's revenues expected to fall below the previous year's, investors are likely to approach the stock with caution. Declining revenues can negatively affect profitability, which makes it harder for the company to maintain investor confidence and perform well in the market.

Financial Ratios:

currentRatio 2.209000
forwardPE 45.615395
debtToEquity 17.847000
earningsGrowth 0.693000
revenueGrowth 0.112000
grossMargins 0.437890
operatingMargins 0.159690
trailingEps 45.010000
forwardEps 58.328990

ASIANPAINT's current ratio being 2.209 suggests that the company has no issue servicing its short-term debt. Its strong liquidity position, supported by sufficient cash reserves and current assets, ensures that ASIANPAINT can meet its financial obligations with ease.
Asian Paints Limited's low Debt-to-Equity ratio indicates that the company isn't heavily dependent on debt financing. This lower leverage reduces financial risk and enhances stability, showing that Asian Paints Limited is well-positioned to manage its obligations without the burden of excessive debt.
Asian Paints Limited's positive earnings and revenue growth signal that the company is expected to expand its business. This healthy financial trend reflects an optimistic outlook, suggesting continued growth in both sales and profits for Asian Paints Limited.
ASIANPAINT's forward EPS surpassing its trailing EPS signals that the company is anticipated to be more profitable this year than last. This growth expectation highlights ASIANPAINT's potential for increased earnings and a stronger financial performance in the upcoming year.

Price projections:

Price projections for ASIANPAINT
Price projections for ASIANPAINT

Price projections for ASIANPAINT have been revised upward over time, signaling increasing optimism about the company's future. This steady increase reflects a positive outlook for ASIANPAINT's growth and market performance.

Recommendation changes over time:

Recommendations trend for ASIANPAINT
Recommendations trend for ASIANPAINT


Analysts' buy bias for Asian Paints Limited signals that the stock is considered a favorable investment. This outlook might prompt investors to allocate funds to Asian Paints Limited, seeing it as a solid and profitable choice to park their money and potentially benefit from the company's long-term growth.