Asian Paints Ltd is one of India’s largest and most trusted paint companies, known for its vibrant colors and high-quality products. Established in 1942, the company has grown to become a leader in the paint industry, offering a wide range of products for interior and exterior surfaces, including wall finishes, wood coatings, and waterproofing solutions.
Asian Paints has also expanded into home décor and design services, helping customers create beautiful living spaces. Asian Paints Share Price on NSE as of 8 November 2024 is 2,767.00 INR. Here will provide you more details on Asian Paints Share Price Target 2024, 2025, 2026 to 2030.
Asian Paints Ltd: Market Overview
- Open Price: ₹2,842.85
- High Price: ₹2,847.00
- Low Price: ₹2,762.40
- Previous Close: ₹2,842.85
- Volume: 2,060,486
- Value (Lacs): ₹57,064.13
- VWAP: ₹2,788.33
- UC Limit: ₹3,127.10
- LC Limit: ₹2,558.60
- P/E ratio: 52.23
- Div yield: 1.20%
- 52-wk high: ₹3,422.95
- 52-wk low: ₹2,670.10
- Mkt cap: ₹2.65LCr
- Face Value: ₹1
Asian Paints Share Price Chart
Asian Paints Share Price Target Tomorrow 2024 To 2030
| Asian Paints Share Price Target Years | Share Price Target |
| 2024 | ₹3430 |
| 2025 | ₹4013 |
| 2026 | ₹4830 |
| 2027 | ₹5450 |
| 2028 | ₹5980 |
| 2029 | ₹6785 |
| 2030 | ₹7520 |
Asian Paints Share Price Target 2024
Asian Paints share price target 2024 Expected target could be ₹3430. Here are three key factors that could affect Asian Paints’ share price target in 2024:
- Demand for Home Improvement and Real Estate Growth: Rising demand for home renovations and new housing projects in India could boost sales for Asian Paints. Increased urbanization and government support for affordable housing are likely to drive paint demand, positively impacting revenue and share performance.
- Expansion into Decor and Home Improvement: Asian Paints has been expanding beyond paints into home decor, furnishing, and design services. This diversification allows it to capture a larger share of the home improvement market, boosting growth opportunities and enhancing its brand value, which could support share price appreciation.
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Raw Material Price Stability: Paint manufacturing heavily depends on raw materials like crude oil derivatives, so fluctuations in oil prices can impact profitability. If Asian Paints can effectively manage costs through strategic sourcing or price adjustments, it may help maintain healthy profit margins and strengthen share performance.
Asian Paints Share Price Target 2025
Asian Paints share price target 2025 Expected target could be ₹4013. Here are three risks and challenges that could impact Asian Paints’ share price target in 2025:
- Volatile Raw Material Costs: The cost of key raw materials, particularly those derived from crude oil, is subject to global price fluctuations. Significant increases in these costs without the ability to pass them on to consumers could erode profit margins, affecting the company’s financial performance and share price.
- Intense Market Competition: The paint and home décor industry in India is highly competitive, with both established players and new entrants vying for market share. This intense competition may pressure Asian Paints to spend more on marketing, innovation, or price reductions, potentially impacting profitability.
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Economic Slowdowns or Real Estate Decline: Asian Paints’ growth is closely tied to housing and construction activity. Any economic slowdown or decline in the real estate market could reduce demand for paints and coatings, affecting sales volume and revenue, which could result in a stagnant or reduced share price.
Asian Paints Share Price Target 2030
Asian Paints share price target 2030 Expected target could be ₹7520. Here are three potential risks and challenges for Asian Paints’ share price target in 2030:
- Increased Regulatory and Environmental Pressures: With the growing focus on environmental sustainability, stricter regulations on chemical use and waste management in the paint industry are likely by 2030. Adapting to these regulations might require significant investment in eco-friendly technology and practices, potentially impacting profit margins.
- Technological Disruptions and Innovation Demands: Rapid advancements in technology could shift consumer preferences or introduce new, innovative painting solutions that challenge traditional paints. If Asian Paints lags in adopting these technologies or fails to innovate, it may risk losing market share to more technologically advanced competitors.
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Dependence on Housing and Infrastructure Cycles: Asian Paints’ success is strongly linked to growth in housing and infrastructure. Any downturn in the real estate market, due to economic challenges or a decline in urban expansion, could reduce demand for paints and coatings, affecting long-term revenue growth and share price stability.
Shareholding Pattern For Asian Paints Ltd
- Promoters: 52.63%
- Retails and Others: 18.93%
- FII: 15.28%
- DII: 8.30%
- Mutual Funds: 4.86%
FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE: http://www.asianpaints.com/
Asian Paints Ltd Financials
| (INR) | 2024 | Y/Y change |
| Revenue | 354.38B | 2.93% |
| Operating expense | 84.34B | 10.27% |
| Net income | 54.60B | 32.97% |
| Net profit margin | 15.41 | 29.17% |
| Earnings per share | 56.94 | 31.82% |
| EBITDA | 72.29B | 20.08% |
| Effective tax rate | 24.36% | — |
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