Overall Fundamental outlook

*ASIANPAINT makes the list of companies with the worst technicals at present.

Business Operations:

Sector: Basic Materials
Industry: Specialty Chemicals

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
Revenue projections for ASIANPAINT

Asian Paints Limited is projected to see lower revenues than in the previous year, a trend that usually concerns investors. Declining revenues often harm a company's profitability, leading investors to exercise caution as they weigh the potential risks of continued financial downturns.

Financial Ratios:

currentRatio 2.185000
forwardPE 54.079998
debtToEquity 17.609000
earningsGrowth 0.431000
revenueGrowth 0.063000
grossMargins 0.424170
operatingMargins 0.140480
trailingEps 40.670000
forwardEps 28.240000

ASIANPAINT's current ratio being 2.185 suggests the company will have no issues paying off its short-term debt. With sufficient cash reserves and current assets, ASIANPAINT can easily cover its immediate liabilities, reflecting solid financial health.
ASIANPAINT's high forward PE ratio indicates potential overvaluation, which could restrict future price growth and increase the risk of a correction. It's crucial to consider this metric in tandem with other fundamental data to fully assess the stock's outlook.
ASIANPAINT's low Debt-to-Equity ratio means the company is not over-leveraged, highlighting its conservative use of debt. This suggests reduced financial risk and a stable balance sheet, making ASIANPAINT a financially resilient company with lower exposure to debt-related pressures.
ASIANPAINT's forward EPS falling below its trailing EPS suggests the company is expected to be less profitable this year. This signals a potential decline in earnings, which may raise concerns about ASIANPAINT's financial future.

Price projections:

Price projections for ASIANPAINT
Price projections for ASIANPAINT

Asian Paints Limited's price projections have been gradually revised upward, reflecting increased confidence in the company's future performance. This trend suggests analysts expect Asian Paints Limited to achieve greater success in the coming periods.

Recommendation changes over time:

Recommendations trend for ASIANPAINT
Recommendations trend for ASIANPAINT


Analysts' sell bias for ASIANPAINT suggests caution, but investors should base their decisions on a wide range of market indicators. This ensures a more comprehensive view of ASIANPAINT's market potential and provides a better framework for making balanced investment decisions.