Asian Paints Limited, together with its subsidiaries, engages in the manufacturing, selling, and distribution of paints, coatings, and products related to home decoration and bath fittings in Asia, the Middle East, Africa, and the South Pacific region. The company offers wall coverings; textures painting aids; waterproofing products; wall stickers; mechanized tools; adhesives; modular kitchens and wardrobes; bath fittings and sanitaryware; decorative lighting products; fabrics, furniture, furnishings, and rugs; and unplasticized polyvinyl chloride windows and door systems, as well as personalized interior design, safe painting, and color consulting services. It also provides interior and exterior wall finishes, wood finishes, enamels, tools, undercoats, thinners, and varnishers. The company offers its products under the Asian Paints, SCIB Paints, Apco Coatings, Asian Paints Berger, Taubman, Asian Paints Causeway, and Kadisco Asian Paints brand names through a network of dealers and retail stores, as well as operates asianpaints.com, an online shop. Asian Paints Limited was founded in 1942 and is headquartered in Mumbai, India.
Revenue projections:
Revenue projections for ASIANPAINT ASIANPAINT's revenues are expected to fall below last year's, and this forecast tends to raise concerns among investors. A revenue drop can negatively impact the company's profitability, making investors more cautious about their positions due to the risks of declining financial performance.
Financial Ratios:
currentRatio
0.000000
forwardPE
47.082394
debtToEquity
11.418000
earningsGrowth
-0.060000
revenueGrowth
-0.002000
grossMargins
0.418530
operatingMargins
0.148370
trailingEps
37.550000
forwardEps
28.240000
Asian Paints Limited's low Debt-to-Equity ratio shows that the company isn't heavily reliant on debt for financing. This implies a conservative approach to leveraging, reducing financial risk and demonstrating a solid financial foundation, which can enhance investor confidence in the company's long-term stability. ASIANPAINT's low earnings and revenue growth suggest that its profits could shrink. This points to a potential downturn in the company's financial outlook and may indicate challenges in maintaining profitability. ASIANPAINT's negative gross and operating margins highlight that the company is incurring losses, unable to generate profit from production or operations. This could be a sign of rising costs or declining revenues, impacting its financial outlook. ASIANPAINT's forward EPS being lower than its trailing EPS suggests the company is expected to see reduced profitability in the current financial year compared to the previous one. This signals a potential decline in earnings, raising concerns about future financial performance.
Price projections:
Price projections for ASIANPAINT Over time, ASIANPAINT's price projections have consistently been revised lower. This downward shift suggests analysts are becoming more cautious about the company's future, possibly due to emerging risks or challenges.
Recommendation changes over time:
Recommendations trend for ASIANPAINT
The recent sell bias from analysts toward Asian Paints Limited suggests investors should exercise caution. Instead of acting on this bias alone, it's important to evaluate a broader range of market indicators to make more balanced and informed decisions regarding the stock's future prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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