Asian Paints Share Price

Latest Update on Asian Paints Share Price

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Did You Know that the Asian Paints Share Price broke its support level, currently, it is trading below ₹2947, and the last day’s closing trading price was ₹2917, today Asian Paints Share price ranged between ₹2902.65 – ₹2947. If we talk about the past 52 weeks’ low and high prices then asian paint share price ranged between ₹ 2700.10 – ₹3568, its current market cap is 2.81T INR and its P/E Ratio is 51.94
 Asian Paints Share Price

To analyze the  Asian Paints Share Price, it is necessary to first analyze their financial data

 

Income Statement of Asian Paint

If we look at Asian Paint’s income statement quarterly and annual reports then we can see that the quarterly revenue of Asian Paint has increased by +5.40% and net income by +34.96% on the other hand operating expenses by +19.35%. But in case of annual changes annual revenue of Asian Paint has increased by +18.79%, annual net income by +35.50%, and annual operating expense by +16.59%

Quarterly Data
INR DEC 2023 Y/Y CHANGE
Revenue 91.03B 5.40%
Operating expense 21.34B 10.35%
Net income 14.48B 34.96%
Net profit margin 15.90 28.02%
Earnings per share 15.10 34.94%
EBITDA 19.75B 28.65%
Effective tax rate 25.03%
Annual Data
INR 2023 Y/Y CHANGE
Revenue 344.28B 18.79%
Operating expense 76.49B 16.59%
Net income 41.06B 35.50%
Net profit margin 11.93 14.05%
Earnings per share 43.20 33.00%
EBITDA 60.18B 32.60%
Effective tax rate 26.25%

Balance Sheet

If we look at the Q3 result of Asian Paint then we can see that the current total equity of Asian Paint is ₹171.785 billion in INR and its outstanding share is ₹958.75 million in INR and its return on capital is 23.53%. But in the case of annual data, we can see that the current total assets of Asian paint have increased by +12.24% as well as total liability by 6.45% and vice versa

Quarterly Data
INR DEC 2023 Y/Y CHANGE
Cash and short-term investments 39.99B 57.27%
Total assets
Total liabilities
Total equity 171.78B
Shares outstanding 958.75M
Price to book 16.89
Return on assets
Return on capital 23.53%

 

Annual Data
2023 Y/Y CHANGE
Cash and short-term investments 46.40B 14.94%
Total assets 257.98B 12.24%
Total liabilities 93.52B 6.45%
Total equity 164.46B
Shares outstanding 959.20M
Price to book 17.50
Return on assets 13.99%
Return on Capital 19.98%

Cash Flow

If we look at Q3 results then we can see that the quarterly net income of Asian paint has increased by +34.59% and the annual net income by +35.50%

Quarterly Data
INR DEC 2023 Y/Y CHANGE
Net income 14.48B 34.96%
Cash from operations
Cash from investing
Cash from financing
Net change in cash
Free cash flow
Annual Data
INR 2023 Y/Y CHANGE
Net income 41.06B 35.50%
Cash from operations 41.93B 325.09%
Cash from investing -12.75B -296.23%
Cash from financing -21.40B -18.39%
Net change in cash 7.71B 167.76%
Free cash flow 22.83B 2,897.02%

Question & Answer

1. Asian Paints Share price target in 2025?

If we look at the data we can notice that from 2021 to 2024 Asian paints share price has increased by +24.32%

Asian Paints Share Price 4Years price
Years Asian Paints Share Price
2021 ₹2775.55
2022 ₹3576.30
2023 ₹3057.90
2024 ₹2949.20
2025 ₹3126.15 Approx on the basis of annual 6% Growth

2. Asian Paints Share Price in NSE?

  • The current Asian paints share price in NSE is ₹2947

3. Asian Paint Share Price in BSE?

  • The current Asian Paints share price in BSE is ₹2934.60

 

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Reference from –

1 . Google Finance

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