Asian Paints Share Price Target 2024, 2025, 2027, 2030

If you think about which share will be best for investment in recent times then you should know about Asian Paints Share Price Target. Today in our blog we will explain the basic idea about Asian Paints Share Price Target 2024, 2025, 2027, 2030. We did the research and took advice from experts to make this blog about the company’s growth, performance, etc.

Asian Paints Share Price Target is a trading share in the share market. In this article, we will discuss the company’s financial growth, business policy of the company, the shareholding pattern of the company, and the forecast share price yearly. We use expert data and analysis to give a clear knowledge of Asian Paints Share Price Target. This article may be helpful to those who want to invest in this share right now. Let’s look at Asian Paints Share Price Target 2024 to 2030.

What Is Asian Paints Ltd Company?

Asian Paints Ltd is an Indian multinational paint company that is engaged in the business of manufacturing, selling, and distributing paints, and coatings products related to home decor. The company was established in the year 1942, on 1st February. The headquarters of the company is situated in Mumbai.

Overview Of Asian Paints Company

Asian Paints is India’s largest paint manufacturer company. The manufacturing operation of the company is spread in 16 countries around the world. The company has 26 manufacturing units in 16 different countries and supply products in 65 countries in India and International market. The total number of employees of the company is 32,123. The company became the market leader among paint companies in the year 1967. The production of paints of Asian Paints is a waterproofing and adhesive.

Asian Paints Company also delivers products for home improvement, bath, and kitchen products. In recent times the company also added lighting, furnishings, and furniture to the company’s products portfolio. Asian Paints is a holding company of Berger International. The company became the market leader among paint companies in the year 1967 the company started its journey with an annual turnover of ₹22 Crore and with a 2% PBT Margin in the year 1952.

Financial Data Analysis Of Asian Paints Ltd Company

Before investing any share anyone wants to see the company’s performance, overall profit, and net sales amount. We need a basic idea about the company’s PE ratio, return on assets, current ratio, and return on equity. In the below portion, we discuss the performance of the company. Asian Paints Share Price Target also depended upon the ratio which is described below.

PE Ratio (Price To Earning Ratio)

PE Ratio is calculated by Market price per share Earning price per share. It means the number of times an investor is ready to pay as compared to earnings time. Asian Paints Ltd Company has a PE ratio of 53.02, which is overvalued.

Return on Assets (ROA)

ROA is calculated by Profit After tax ÷ Total Assets. ROA is influenced by 2 factors return on sales and asset turnover. Asian Paints Ltd Company has a ROA of 21.96%, which is a good sign for the company’s growth.

Current Ratio

The current Ratio is calculated by Current Assets ÷ Current Liabilities. Asian Paints Ltd Company has a current ratio of 2.35.

Return On Equity (ROE)

ROE is measured by = Net profit ÷ Average Share holding equity. Asian Paints Ltd Company has an ROE of 31.38%, higher is better.

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Asian Paints Share Price Target History From The Year 2024 to 2030

Asian Paints Share is under BSE (Bombay Stock Exchange) and NSE (National Stock Exchange). Asian Paints Share is a bullish trend in the share market. The last 6 months’ share growth was -328.90 (-9.98%), the last 1 month’s share growth was +49.50 (+1.70%), the last 5 years’ share growth was +1,598.90 (116.78%) and the maximum share growth was +2,956.12 (24,883.16%).

Asian Paints Share Price return amount was 1.81% in the last 1 month, the last 1 year’s return amount was -13.28%, the last 3 years’ return amount was -0.5%, and the last 5 years’ return amount was 116.75%. In the last 3 months, the share hit a lower circuit but as a paints manufacturer company, the company will grow more. If anyone wants to invest in the share it will be profitable long-term.

Asian Paints Share Price Target 2024

Asian Paints Company has 75 years of innovation in the paint sector. The company ranked 2nd in Asia and 8th among the top coatings companies in the world with a consolidated turnover of ₹346 billion. A wide range of manufactured products by Asian Paints company is used for industrial and decorative purposes. For industrial coating space, Asian Paints works with PPG Inc., USA through a joint venture of 50:50. In the industrial paints sector, a wide range of coating solutions of PPG Asian Paints are used to protect and decorate Automotive Parts and Accessories. Under decorative paints, Asian Paints offers Interior Paints, Exterior Paints, Wood Paints, and Metal Paints.

The total revenue amount of Asian Paints Company also increases. In the financial year 2022, March the revenue amount was ₹25,756.45 Crore which became ₹30,785.56 Crore. The net revenue from the operation was ₹25,456.56 Crore in 2022, March which became ₹29,789.56 Crore in financial year 2023, March. The company’s current Tax amount for the year 2022, March was ₹1,345.59 Crore. If we look at the share price forecast of Asian Paints Share Price Target 2024, the 1st Price Target is ₹2,910 and the 2nd Price Target is ₹4,890.

Asian Paints Share Price Target 2025

For acquiring a 51% stake recently Asian Paints Company dealt with Weatherseal Fenestration which engaged manufacturing of uPVC windows and door system. Asian Paints Company also fixed an agreement with Obgenix Software (commonly known as White Teak) for acquiring of 49% stake which engaged in the decoration of listing products and fans.

Some of the brands of the company are Asian Paints Royale Matt, Royale Aspira, Royale Shyne, Ace Emulsion, etc for wall painting. Asian Paints Company has also contributed to made-up modular kitchens providing the facility to more than 1800 families.

The profit growth of the company also increases. The last 5 year’s profit growth was 17.12%, the last 3 years’ profit growth was 16.56% (which was low), last 1 year’s profit growth was 31.2%. The net profit amount was ₹3,256.56 Crore in the year 2022, March which became ₹4,123.56 Crore in the year 2023, March. The operating profit amount was ₹4,256.69 Crore in the year 2022, March which became ₹5,856.23 Crore in March 2023. If we look at the share price forecast of Asian Paints Share Price Target 2025, the 1st Price Target is ₹5,640, and the 2nd Price Target is ₹7,320.

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Asian Paints Share Price Target 2027

In the year 2014, Asian Paints Company acquired the whole business of Ess Ess Pvt Ltd which is a prominent player in the bath segment including sales infrastructure, Brand, and business network. The company has manufacturing units outside of India like Sri Lanka, Nepal, Bangladesh, Indonesia, Oman, UAE, Ethiopia, and many other different countries. Asian Paints Company gives an important look at the advertising and marketing sector. They advertised different products relating to painting, and home decoration products. In the advertising and marketing sector, the company invests a huge amount for growing sales rate.

The sales growth of the company also increasing. In the last 5 years, the sales growth was 17.12% which became 21.12% in the last 3 years. The net sales amount was ₹26,255.56 Crore in the year 2022, March which became ₹31,456.56 Crore in the year 2023, March. The total expenses amount of the company was ₹945.23 Crore in the year 2027 which became ₹11,097.23 Crore in the year 2023. If we look at the share price forecast of Asian Paints Share Price Target 2027 the 1st Price Target is ₹11,120 and the 2nd Price Target is ₹13,245.

Asian Paints Share Price Target 2030

In recent times Asain Paints company changed its product rate to gain more profit. Asian Paints Company started to deliver products itself to save costs for wholesalers and 15-20 % of its margin profits went to distributors of the supply chain. Asian Paints Company now earned 97% of its MRP, and the rest of the other 3% went to the retail seller which is better than the competitor company. Asian Paints company also supplies its products through digital shopping through which the products of the company become easily accessible in different corners of the world. The company has over 160 warehousing centers all over India and outside of India for product distribution.

Asian Paints Company also gives a good concern to the R&D sector for more improvement of the product and innovation of new products. The company has more than 200 scientists for the recharge center and spends 109.5 Crore in the R&D sector. In recent times the company has more than 130 new projects for manufacturing capacity, and 22 new products were launched in architectural paints.

As Asian Paints Company spreads its products outside of India the FII investors ratio of the company is good which is 18% to 19% which is a very positive part of the company’s growth. All the share price forecast depends upon the company’s overall performance, market favorable conditions, etc. If we look at the share price forecast for Asian Paints Share Price Target 2030, the 1st Price Target is ₹20,000 and the 2nd Price Target is ₹21,700.

How To Purchase Asian Paints Share?

The most common trading platform for purchasing the Asian Paints Share is described below.

• Zerodha
• Upstox
• Groww
• Angelone

Peer’s Company of Asian Paints Company

• Akzo Nobel
• Berger Paints
• Indigo Paints
• Kansai Nerolac
• Retina Paints

Investors Types And Ratio Of Asian Paints Company

There are mainly four Types of Investors in Asian Paints Company. The company’s growth also depended upon the ratio of investors who invested in the share.

Promoters Holding

Promoters Holding means how much capital is invested by company promoters (company owner) through overall capital. Asian Paints Company’s promoter holding capacity is 19.25%.

Public Holding

Public Investors an individuals who invest in the public market for profit in the future (large and small companies). Asian Paints Company’s public holding capacity is 51.60%.

FII

Foreign Institutional Investors are those big companies that invest in different countries company. Asian Paints Company’s FII is 18.10%.

DII

Domestic Institutional Investors (like Insurance, companies mutual funds) who invest in their own country. Asian Paints Company’s DII is 11.05%.

Advantages and Disadvantages Of Asian Paints Share

Every share has some advantages and some disadvantages also. So, the Asian Paints Share Price Target also has some advantages and disadvantages described below.

Advantages

• Last 1 year’s profit growth of the company was 31.2% which is a positive part of the company.
• The last 3 years’ revenue growth of the company was 21.12% which is a positive part of the company’s growth.
• The company has an efficient cash conversation cycle which was 12.83 days.
• The company is debt-free and the interest cover ratio of the company is 59.99 which means if anytime company adds some debt it will be recovered in a very short time process.
• The book Value amount per share also increasing in the last 2 years.
• Company with high TTM EPS growth increasing.
• Last 3 years ROE has been 29.12% which is a positive side for the company’s growth.

Disadvantages

• The PE Ratio of the company is high which is 52.02% which is a negative side for the company’s growth.
• The EBITDA amount of the company is high which is 35.02%.

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FAQ

Conclusion

Hopefully, www.sharetargethub.com will help you gain some basic ideas about the Asian Paints Share Price Target. By doing the research and taking advice from expertise we ensure that on a long-term basis, Asian Paints Share Price Target may reach a very high position. Asian Paints Company is related to the manufacturing of the chemical manufacturing sector. So the demand for this sector also increases which helps the share to gain profit in the future.

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