NSE: ASIANPAINT | BSE: 500820

Expensive Performer

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2493.50 -0.10 (-0.00%)

25.74% Fall from 52W High

25,235 NSE+BSE Volume

NSE 18 Sep, 2025 9:27 AM (IST)

239,176

Market Cap

Market Leader

0.7

Beta 1Year

Very Low volatility

Asian Paints Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for ASIANPAINT, BSE:500820 Asian Paints Ltd.

Asian Paints Ltd.

25 Jan 2021

ASIAN PAINTS LTD

Hold: Asian Paints Ltd.

Target

Geojit BNP Paribas

Asian paints (APNT), is the market leader in the Indian paint manufacturing industry with a market share of ~53%. Decorative business recorded 33% volume growth supported by festival demand and growth in Tier 2 to 4 cities, while Q3FY21 revenue grew by 25% YoY. EBITDA margin improved by 439bps YoY to 26.3% due to...

Deven Choksey released a Sell report for Asian Paints Ltd. with a price target of 2470.0 on 29 Aug, 2025.

Asian Paints Ltd.

22 Jan 2021

Asian Paint : Q3FY21 Result Review

Sell: Asian Paints Ltd.

Recommendation Target

IDBI Capital

Asian Paints (APNT) reported above expected result driven by 33% volume growth in decorative coatings followed by double digit revenue growth in both home improvement business and international market. Festive demand and resurgence of construction activity has contributed towards strong revenue growth. Deflationary raw material cost supported 7th consecutive quarter of gross margin expansion. Foray into Home Dcor is tracking well. APNT guides to double the count of stores which are offering Home Dcor solution in next 2 years. Based on revised business outlook, we have revised our EPS estimates upwards for FY21E by 6%. We estimate Rs 2,461 as fair price for APNT...

Number of FII/FPI investors decreased from 921 to 904 in Jun 2025 qtr

Asian Paints Ltd.

22 Jan 2021

Result Update:Asian Paints

Buy: Asian Paints Ltd.

Target

Axis Direct

We downgrade the stock to HOLD from BUY earlier as we await better entry points and get constructive again. Our revised TP is Rs. 2,664 (Rs. 2,300 earlier) as we value the stock at 55x its FY23E EPS. Key risks to our estimates

Asian Paints Ltd. has an average target of 2462.38 from 8 brokers.

Asian Paints Ltd.

22 Jan 2021

Asian Paints

Results Update: Asian Paints Ltd.

SMC online

compared to corresponding previous year period. The company operating margins rose 440 bps to 26.3%. As a result operating profit was up 50% to Rs 1787.89 crore. Other income of the company rose 40% to Rs 97.92 crore. Interest cost decreased 12% to Rs 21.13 crore. Depreciation decreased 2% to Rs 193.17 crore. PBT as a result rose 61% to Rs 1671.51 crore. The effective tax rate fell to 25.8% compared to 26.7% owing to which the...

Deven Choksey released a Sell report for Asian Paints Ltd. with a price target of 2470.0 on 29 Aug, 2025.

Asian Paints Ltd.

22 Jan 2021

Asian Paints

Hold: Asian Paints Ltd.

Recommendation Target

ICICI Securities Limited

APL's decorative segment volume growth remained robust at ~33% YoY in Q3FY21 (11% in Q2FY21) was led by strong pent up demand post opening up of metro regions. The festive & marriage seasons aided in the volume growth during Q3. However, lower realisation is attributable to product mix (skewed towards economy products categories). For 9MFY21, sales recovery was ~97% (led by strong recovery in the decorative volume growth) to | 15,061 crore while absolute EBITDA and PAT at | 3538 crore and | 2336 crore were up by 7% and 2% YoY respectively. While demand...

Asian Paints Ltd. has an average target of 2462.38 from 8 brokers.

Asian Paints Ltd.

21 Jan 2021

Q3FY21 Result Update - Strong Tailwinds but Add on declines only - HOLD

Hold: Asian Paints Ltd.

Target

Prabhudas Lilladhar

Highest ever EBITDA margins on back of favorable sales mix, higher gross margins, cost optimization measures and innovative sourcing measures We are increasing FY22 and F23 EPS by 10.9% and 7.6% and assign Hold rating on the back of robust growth outlook driven by 1) Increase in domestic decorative volume by 33% 2) Revival in consumer sentiment and pickup in housing construction activity 3) improved mix in tier1/2 cities and 4) pick up in International, auto and industrial coating business. We believe 4Q21 and...