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Curious about Asian Paints share price targets? Look no further. In this post, we dive deep into the factors shaping Asian Paints’ trajectory from 2024 to 2030. From historical performance to industry trends, we break down everything you need to know to make informed investment decisions. Get ready to unlock the potential of Asian Paints in the years ahead.
What is Asian Paints Ltd.?
An Indian multinational paint company, Asian Paints Ltd, based in Mumbai, Maharashtra, India, specializes in manufacturing, selling, and distributing paints, coatings, home décor products, and bath fittings, along with associated services.
Renowned as India’s leading paints company in terms of market share, Asian Paints also holds ownership of Berger International. Its manufacturing footprint spans 15 countries globally, with significant operations in the Indian subcontinent and the Middle East.
Asian Paints Ltd. Fundamental Analysis
| 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 Ltd. Stock Price Chart – All Time
Asian Paints Ltd. Profit & Loss Analysis – Last 3 Year
| Aspects | MAR 2021 (Cr.) | MAR 2022 (Cr.) | MAR 2023 (Cr.) |
|---|---|---|---|
| Net Sales | 18,516.86 | 25,188.51 | 30,078.40 |
| Total Expenditure | 14,024.08 | 20,600.72 | 24,257.92 |
| Operating Profit | 4,492.78 | 4,587.79 | 5,820.48 |
| Other Income | 366.02 | 451.89 | 518.01 |
| Interest | 71.66 | 70.25 | 93.06 |
| Depreciation | 697.47 | 721.56 | 755.83 |
| Exceptional Items | 0 | -53.73 | 0 |
| Profit Before Tax | 4,089.67 | 4,194.14 | 5,489.60 |
| Tax | 1,037.87 | 1,059.43 | 1,389.42 |
| Net Profit | 3,051.80 | 3,134.71 | 4,100.18 |
| Adjusted EPS (Rs.) | 31.82 | 32.68 | 42.75 |
Asian Paints Share Price target 2024, 2025 to 2030
Asian Paints Share Price Target 2024
In 2023, Indian stocks, including ASIANPAINT, enjoyed a remarkable Bull run. The bullish sentiment is likely to persist in the first quarter of 2024, albeit with some initial consolidation.
| Year | ASIANPAINT Share Price target 2024 |
| 2024 | ₹2947.28 to ₹3227.62 |
According to technical data analysis, ASIANPAINT’s minimum share price target for 2024 is anticipated to be ₹2947.28, with a maximum target of ₹3227.62.
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Asian Paints Share Price Target 2025
| Year | ASIANPAINT Share Price target 2025 |
| 2025 | ₹3418.53 to ₹3738.78 |
Our Experts Predicts, ASIANPAINT’s share price in 2025 showcases promising potential. Starting at ₹3418.53 in January, the forecast suggests a steady climb, with the possibility of reaching ₹3738.78 by December if supported by conducive macro and microeconomic factors and industry trends.
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Asian Paints Share Price Target 2026
| Year | ASIANPAINT Share Price target 2026 |
| 2026 | ₹3955.6 to ₹4241.09 |
Based on technical data analysis, ASIANPAINT is anticipated to have a minimum share price target of Rs. 3955.6 and a maximum target of Rs. 4241.09 in 2026.
With favorable market conditions, ASIANPAINT’s share price is poised to demonstrate resilience throughout 2026, potentially reaching ₹4241.09 by year’s end.
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Asian Paints Share Price Target 2027
| Year | ASIANPAINT Share Price target 2027 |
| 2027 | ₹4250 to ₹4599 |
Utilizing Fibonacci projections, the estimated price target forecast for Asian Paints Ltd (ASIANPAINT) in the first half of 2027 ranges between ₹4250.44 to ₹4400.03. By the second half of 2027, the share price may peak at a maximum value of ₹4599.68.
With favorable market conditions, ASIANPAINT’s share price is poised for a dynamic trajectory throughout 2027, potentially reaching ₹4599.68 by year’s end.
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Asian Paints Share Price Target 2028
| Year | ASIANPAINT Share Price target 2028 |
| 2028 | ₹4600 to ₹5159 |
Utilizing comprehensive analysis, the forecasted share price targets for Asian Paints Ltd (ASIANPAINT) in 2028 showcase promising potential. Starting at ₹4600.08 in January, the projections indicate stability throughout the year, with fluctuations within a narrow range. By December, the share price target is expected to potentially reach ₹5159.53, reflecting bullish market trends and sustained growth momentum.
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Asian Paints Share Price Target 2029
| Year | ASIANPAINT Share Price target 2029 |
| 2029 | ₹5150 to ₹5700 |
In 2029, Asian Paints Ltd (ASIANPAINT) is poised for continued growth, with projected share price targets indicating a stable trajectory throughout the year. Beginning at ₹5150.04 in January, the forecast suggests a consistent trend, with the potential for the share price to reach ₹5700.46 by December, reflecting favorable market conditions and sustained bullish trends.
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Asian Paints Share Price Target 2030
| Year | ASIANPAINT Share Price target 2030 |
| 2030 | ₹5710 to ₹6500 |
In 2030, Asian Paints Ltd (ASIANPAINT) is anticipated to continue its growth trajectory, with projected share price targets indicating stability and potential for advancement throughout the year. Beginning at ₹5700.54 in January, the forecast suggests a consistent trend, with the share price potentially reaching ₹6500.67 by December, supported by favorable market conditions and bullish trends.
Asian Paints Ltd. Share Quick Analysis Report
Investing in stocks necessitates meticulous examination of financial data to ascertain a company’s true value. This typically involves scrutinizing the profit and loss account, balance sheet, and cash flow statement, which can be time-consuming. However, financial ratios offer a simpler way to gauge a company’s performance amidst the deluge of information in its financial statements.
Here are several indispensable tools that should form part of every investor’s research Analysis:
- PE ratio (Price to Earnings): This ratio indicates how much an investor is willing to pay for a share relative to its earnings. A low P/E ratio is generally indicative of undervaluation, although other factors must be considered. Asian Paints boasts a PE ratio of 50.54, suggesting a relatively high valuation.
- Share Price: Currently, Asian Paints trades at Rs 2,816.80 per share. Utilizing valuation calculators can help determine if the share price is undervalued or overvalued.
- Return on Assets (ROA): ROA measures a company’s ability to generate returns on its investments in assets. Asian Paints’ ROA of 19.32% signifies efficient conversion of asset investments into profits, boding well for future performance.
- Current Ratio: This ratio assesses a company’s capacity to meet short-term liabilities with short-term assets. Asian Paints boasts a current ratio of 2.38, indicating stability in addressing unforeseen business and economic challenges.
- Return on Equity (ROE): ROE measures a firm’s capability to generate profits from shareholder investments. Asian Paints’ ROE of 28.38% highlights its proficiency in yielding profits from shareholder equity.
- Debt to Equity Ratio: This metric offers insights into a company’s capital structure and performance. Asian Paints’ D/E ratio of 0.00 signifies a low proportion of debt in its capital, reflecting a favorable capital structure.
- Inventory Turnover Ratio: This activity ratio evaluates a company’s inventory liquidity. Asian Paints’ inventory turnover ratio of 6.75 indicates potential inefficiencies in inventory and working capital management.
- Sales Growth: With a reported revenue growth of 19.41%, Asian Paints demonstrates fair growth and performance relative to its industry.
- Operating Margin: This metric gauges a company’s operational efficiency. Asian Paints boasts an operating margin of 19.35% for the current financial year, reflecting strong operational efficiency.
- Dividend Yield: This ratio indicates the dividend relative to the stock price. Asian Paints’ current dividend yield stands at 0.91%, offering insights into potential returns for investors.
By incorporating these financial ratios into their analysis, investors can gain valuable insights into a company’s performance and make more informed investment decisions.
👍Strengths
- Over the past 3 years, the company has demonstrated robust profit growth of 15.60%.
- The company has maintained strong revenue growth of 20.49% over the past 3 years.
- Consistently maintaining a healthy ROE of 27.12% over the past 3 years.
- Sustaining a healthy ROCE of 36.84% over the past 3 years.
- Virtually debt-free status.
- Demonstrating a healthy Interest coverage ratio of 59.99.
- Efficient Cash Conversion Cycle of 12.83 days.
- Maintaining a healthy liquidity position with a current ratio of 2.38.
👎Weakness
- Trading at a high PE ratio of 50.51.
- Trading at a high EV/EBITDA ratio of 33.56.
Asian Paints Ltd. Share Latest Update
Disclaimer: Dear Readers, Please note, stock price projections for Asian Paints Ltd. in 2024, 2025, and 2030 are based on factors like past performance and market trends. However, investing involves risks, and past performance doesn’t guarantee future results. These projections are for informational purposes only and aren’t financial advice or guarantees. It’s essential to research and consult with experts before making investment decisions.
FAQs
Q. When does Asian Paints share price reach INR 5000?
According to Techincal Analysis, Asian Paints share price may expected to hit INR 5000 in 2028 to 2030 end.
Q. How to buy Asian Paints share?
There is a number of stock brokers in india that provide online broking services:
Zerodha, 5Paisa, Angel One, Dhan and More Stock Brokers.
