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 revenue projections indicate a decrease from the prior year, which may make investors hesitant. A revenue decline could harm the company's bottom line, prompting investors to be more careful, as lower earnings often signal potential issues with profitability and future performance.
Financial Ratios:
currentRatio
2.087000
forwardPE
43.742508
debtToEquity
11.418000
earningsGrowth
-0.449000
revenueGrowth
-0.040000
grossMargins
0.424410
operatingMargins
0.136270
trailingEps
38.350000
forwardEps
28.240000
With a current ratio 2.087, ASIANPAINT demonstrates the ability to service its short-term debt without difficulty. The company's strong cash reserves and current assets ensure that it can meet its liabilities, reflecting financial stability and healthy liquidity. ASIANPAINT's Debt-to-Equity ratio is low, indicating the company is not over-leveraged. This suggests a prudent approach to financing, with minimal dependence on debt, reducing the financial risk associated with high leverage, and signaling a stable financial outlook. ASIANPAINT's low growth in both earnings and revenue signals a potential profit decline. This could be a sign of financial trouble, suggesting that the company's profitability might shrink in the near future. ASIANPAINT's negative gross and operating margins suggest that the company is currently losing money, unable to generate profit from production or operations. This could signal inefficiencies in cost control or a drop in sales. ASIANPAINT's forward EPS is less than its trailing EPS, signaling that the company's profitability is expected to shrink. This points to a potential downturn in earnings compared to last year.
Price projections:
Price projections for ASIANPAINT Price projections for ASIANPAINT have been steadily revised downward over time, indicating growing concerns about the company's future performance. This downward trend reflects reduced optimism among analysts regarding ASIANPAINT's ability to meet previous expectations.
Recommendation changes over time:
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.
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