One of the top paint manufacturers in India, Asian Paints Ltd. is based in Mumbai. Since its founding in 1942, the business has expanded to become a multinational corporation with operations in more than 15 nations. Asian Paints has a reputation for producing high-quality, creative products and has won multiple honours for its work in the paint industry.
The company offers a wide range of goods, including powder coatings, automotive coatings, ornamental paints, and industrial coatings. Asian Paints is a one-stop shop for all painting needs thanks to its extensive service menu, which includes things like colour consultation and residential painting.
Asian Paints has established a solid reputation for its dedication to sustainability and social responsibility over the years.
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ASIAN PAINTS IN RECENT NEWS
- This Holi, consider adding a splash of color to your investment portfolio with Asian Paints and four other recommended stocks.
- Asian Paints’ Color of the Year features a silver lining, according to the company’s latest announcement.
ASIAN PAINTS SHARE PRICE TARGET 2023
|ASIAN PAINTS SHARE PRICE TARGET 2023||Maximum Price||Minimum Price|
Asian Paints Ltd’s share price will experience a bullish uptrend in 2023. The maximum price for the stock is expected to reach ₹5,119.01 in December 2023, which represents a growth percentage of over 50% from the minimum price of ₹3,356.00 in September 2023.
Furthermore, the company’s share price is expected to reach a maximum price of ₹4,570.55 in November 2023, representing a significant increase from the minimum price of ₹3,515.81 in November.
Overall, the table indicates a positive outlook for the company’s share price in 2023, with a projected growth rate of over 50%. This forecast may be attributed to the company’s strong reputation in the paint industry, innovative product portfolio, and commitment to sustainability, all of which may contribute to continued success and growth.
ASIAN PAINTS SHARE PRICE TARGET 2024
|ASIAN PAINTS SHARE PRICE TARGET 2024||Maximum Price||Minimum Price|
According to the data, it is forecasted that the company’s share price will experience significant growth throughout the year. The maximum price target for the year is ₹7,166.84, expected to be reached in December 2024, while the minimum price target is ₹1,037.03, expected to be reached in January 2024.
The company’s share price is predicted to reach a maximum of ₹7,026.32 in November 2024, representing a significant increase from the minimum price of ₹5,404.86 in the same month. Additionally, the maximum price target for the month of October is expected to be ₹6,691.73, whereas the minimum price target for the same month is ₹5,147.48
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ASIAN PAINTS SHARE PRICE TARGET 2025
|ASIAN PAINTS SHARE PRICE TARGET 2025||Maximum Price||Minimum Price|
According to the data, it is evident that the bullish trend in Asian Paints Ltd’s share price is expected to continue in 2025. The maximum share price target for the year is ₹8,693.49, which is a significant increase from the previous year’s maximum price. Additionally, the minimum price target for the year is ₹5,623.21, indicating a potential growth of over 30% from the previous year’s minimum price.
Furthermore, the uptrend is expected to continue throughout the year, with the share price potentially reaching a maximum of ₹8,523.03 in November 2025. The minimum price for the year is expected to be ₹5,044.75 in May 2025. The growth potential for the year is significant, and investors could potentially benefit from investing in Asian Paints Ltd in 2025.
ASIAN PAINTS SHARE PRICE TARGET 2026 TO 2030
|ASIAN PAINTS SHARE PRICE TARGET BY||Maximum Price||Minimum Price|
Looking ahead to the future, the maximum and minimum share price targets for Asian Paints Ltd in the years 2026 to 2030 are expected to fluctuate significantly. In 2026, the maximum price target is forecasted to be ₹6,085.44, while the minimum price target is expected to be ₹4,259.81. In 2027, the maximum and minimum price targets are projected to be ₹5,172.63 and ₹3,620.84, respectively. The year 2028 is anticipated to be a bullish year for the company, with the maximum price target reaching ₹9,310.73 and the minimum target at ₹6,517.51. In 2029, the maximum and minimum price targets are predicted to reach ₹19,125.68 and ₹13,387.98, respectively, showing a significant uptrend for the company. The upward trend is expected to continue in 2030, with a maximum price target of ₹21,299.05 and a minimum price target of ₹14,909.34. Investors who are looking for a long-term bullish opportunity may want to consider Asian Paints Ltd as a potential investment option.
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FINANCIAL STRENGTH OF ASIAN PAINTS LTD (2018 TO 2022)
|ANNUAL||FY 2022||FY 2021||FY 2020||FY 2019||FY 2018|
|Total Revenue Growth (%)||33.91||7.31||5.35||14.24||11.23|
|Total Expenses Growth (%)||42.10||4.77||4.51||15.54||12.72|
|Profit after Tax (PAT)||3,030.57||3,139.29||2,705.17||2,155.92||2,038.93|
|PAT Growth (%)||-3.46||16.05||25.48||5.74||5.13|
|Operating Profit Margin (%)||15.00||20.11||18.23||17.54||18.17|
|Net Profit Margin (%)||10.41||14.45||13.38||11.20||12.11|
|Basic EPS (₹)||31.59||32.73||28.20||22.48||21.26|
Asian Paints Ltd has witnessed steady growth over the past five years, as evident from its financial bank statement. The company’s total revenue has been on a consistent upward trend, with a growth rate ranging from 5.35% to 33.91%. In FY 2022, the total revenue surged to ₹29,481.29 crore, indicating strong business performance. Similarly, the company’s total expenses have also been increasing steadily, with a growth rate ranging from 4.51% to 42.10%. However, the company has managed to maintain a healthy profit margin, with an operating profit margin ranging from 15% to 20.11% and a net profit margin ranging from 10.41% to 14.45%.
The company’s Profit After Tax (PAT) has been fluctuating over the past five years, with a growth rate ranging from -3.46% to 25.48%. In FY 2022, the PAT was ₹3,030.57 crore, which was lower than the previous year’s PAT of ₹3,139.29 crore. The Basic Earnings Per Share (EPS) also followed a similar trend, with a maximum of ₹32.73 in FY 2021 and a minimum of ₹21.26 in FY 2018. Overall, the financial statement suggests that Asian Paints Ltd has been experiencing stable growth, despite facing some fluctuations in PAT and EPS in recent years.
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Emergency Credit Line Guarantee Scheme
The maximum share price target of Asian Paints in 2028 is Rs. 9310.73
The maximum share price target of Asian Paints in 2029 is Rs. 19125.68
The maximum share price target of Asian Paints in 2030 is Rs. 21299.75
CONCLUSION: ASIAN PAINTS LTD
According to Asian Paints financial statements over the previous five years, both revenue and profit have consistently increased. In comparison to the prior year, the company’s fiscal year 2022 revenue increased at an impressive rate of 33.91%, and its operating profit margin was 15%. Although though PAT growth has slowed down in the same fiscal year by 3.46%, the business has managed to keep a respectable 10.41% net profit margin. Asian Paints has a solid history of sales and profit growth overall, making it a desirable option for investors seeking steady profits over the long term. Thus, it can be said that Asian Paints shares may be an excellent choice for investors.