Asian Paints Share Price Target 2024, 2025, 2030, 2040, 2050
Asian Paints makes many types of paints for homes and industries. It also sells waterproofing products and wall coverings, It has expanded its business to include home improvement items like bath and kitchen products, furnishings, lights, and furniture.
In 2022, it won an award for being good at corporate governance for the third year. The company was started in 1942 by four friends: Champaklal Choksey, Chimanlal Choksi, Suryakant Dani, and Arvind Vakil.
What is Asian Paints Ltd NSE: ASIANPAINT?
Contents
- 1 What is Asian Paints Ltd NSE: ASIANPAINT?
- 2 Asian Paints Share Price Target 2024
- 3 Asian Paints Share Price Target 2025
- 4 Asian Paints Share Price Target 2030
- 5 Asian Paints Share Price Target 2040
- 6 Share Price Target 2050
- 7 Should I Buy Asian Paints Stock?
- 8 Asian Paints Ltd Earning Results
- 9 Is Asian Paints Stock Good to Buy? (Bull case & Bear case)
- 10 Conclusion
- 11 FAQs
Asian Paints is famous for its wide range of decorative and industrial paints. It also makes products for waterproofing, and wall putty. Besides paint, Asian Paints offers many helpful services to its customers.
One service is a colour consultancy, where they help people choose the best colours for their homes or offices. Asian Paints also provides painting services for those who want professionals to paint their homes or offices. This service includes checking the site, preparing surfaces, painting, and cleaning up afterwards.
It makes many products that are used for both industrial and decorative purposes. The company is always launching new paint products to meet customer needs, which has helped its business to grow a lot. Over the past few years, they have introduced many new products in different categories. They plan to keep launching new paints, which should lead to more growth soon. As these new products come out, the company’s business is expected to grow. The company is ranked 2nd in Asia and 8th in the world among paint companies. In 2024, ₹3869 would be the price target.
The price would be between ₹2911 to ₹3869 in 2024.
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 2911 | 3379 |
February | 2750 | 3005 |
March | 2751 | 2872 |
April | 2739 | 2915 |
May | 2644 | 2968 |
June | 2749 | 2998 |
July | 2842 | 3098 |
August | 2966 | 3335 |
September | 3054 | 3461 |
October | 3121 | 3580 |
November | 3347 | 3631 |
December | 3545 | 3869 |
This company is not just demanding in India but its products demand from abroad the country. The company now operates in over 60 countries, earning good revenue each year. The management is working on growing the business in new countries over the next few years. They are launching products that meet the needs of customers in each area. This smart plan is expected to help the company expand quickly into new markets. ₹4704 would be the price target in 2025.
In 2025, we expect the price will be between ₹3900 to ₹4704.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | 3900 | 4704 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 3900 | 4139 |
February | 3970 | 4167 |
March | 3990 | 4189 |
April | 4020 | 4280 |
May | 4097 | 4376 |
June | 4165 | 4457 |
July | 4210 | 4490 |
August | 4278 | 4549 |
September | 4250 | 4589 |
October | 4290 | 4621 |
November | 4268 | 4611 |
December | 4380 | 4704 |
They are working on improving their decorative and industrial paints, as well as their domestic paints. Recently, they reported strong progress in the industrial paint market, especially for cars and chemicals. Most of their money now comes from domestic and decorative paints, but they are focused on increasing revenue from industrial paints. They are creating new paints for this area, which should help the company grow more in the future. Also, they spend a lot of money on advertising and marketing their paint and home decoration products to boost their sales. In 2030, the price target would be ₹8670.
The price would be between ₹7841 to ₹8670.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2030 | 7841 | 8670 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 7841 | 8056 |
February | 7921 | 8132 |
March | 7954 | 8180 |
April | 7943 | 8211 |
May | 8031 | 8283 |
June | 8085 | 8342 |
July | 8134 | 8330 |
August | 8190 | 8437 |
September | 8152 | 8407 |
October | 8264 | 8489 |
November | 8290 | 8470 |
December | 8380 | 8670 |
The company keeps updating its product to be a strong competitor in the market. The company is doing well by creating new products based on what customers want, which keeps their paint popular. Also, it invests a lot in research teams to improve its quality and also introduce new products. Recently, they’ve started more than 129 new projects to boost their production and have launched 23 new types of architectural paints. The company is a very strong brand in its sector, in 2040 its price target would be ₹15320.
In 2040, the price will be between ₹13610 to ₹15320.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2040 | 13610 | 15320 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 13610 | 13851 |
February | 13771 | 13934 |
March | 13750 | 13900 |
April | 13790 | 13944 |
May | 13867 | 14060 |
June | 13922 | 14146 |
July | 14007 | 14436 |
August | 14156 | 14480 |
September | 14231 | 14569 |
October | 14390 | 14760 |
November | 14476 | 14980 |
December | 14780 | 15320 |
The company is working hard to become stronger in the paint industry and in related areas like kitchen and bath products. They are investing a lot to keep up with the high demand for paint and to grow their business quickly. Because of these efforts, the company is likely to do well in the future. If you’re looking to invest for the long term and want to benefit from the growing paint market, Asian Paints could be a good option. By the 2050, its price target will be ₹24480.
By 2050, it price will be between ₹22440 to ₹24480.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2050 | 22440 | 24480 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 22440 | 22673 |
February | 22521 | 22810 |
March | 22620 | 22945 |
April | 22750 | 23021 |
May | 22870 | 23122 |
June | 22920 | 23311 |
July | 23160 | 23641 |
August | 23341 | 23746 |
September | 23470 | 23920 |
October | 23780 | 24020 |
November | 23890 | 24232 |
December | 24121 | 24480 |
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2024 | 2911 | 3869 |
2025 | 3900 | 4704 |
2030 | 7841 | 8670 |
2040 | 13610 | 15320 |
2050 | 22440 | 24480 |
Should I Buy Asian Paints Stock?
Asian Paints is increasing its market because of its strong brand and its ability to understand what customers want. This has helped the company to do well over time. The company is also expanding its distribution to small villages and cities all over the country. This growth is expected to benefit the company greatly in the future.
Asian Paints Ltd Earning Results
Market Cap | ₹ 3,04,046.52 |
P/B | 15.56 |
Face Value | ₹1 |
DIV. YIELD | 1.17% |
Turnover (Cr.) | 5.92 |
ROE | 27.17 |
EPS | 12.44 |
Cash EPS | 14.47 |
Revenue | 7,881.62 |
Net Profit | 1,192.40 |
Diluted EPS | 12.2 |
Net profit margin | 13.04% |
Operating income | 1.47KCr |
Cost of revenue | 5.15KCr |
Is Asian Paints Stock Good to Buy? (Bull case & Bear case)
Bull Case:
- It is a well-known and trusted brand, which helps it stay ahead in the paint industry.
- The paint industry is expanding, and Asian Paints is capturing more of the market with new products and a good understanding of what customers want.
- The company is spreading its distribution network to smaller towns and villages, which could boost its future sales.
- It invests a lot in research and development, leading to new and better products.
- The company’s focus is on growth and going with market trends.
Bear Case:
- There are many other companies in the paint industry.
- The company is spending a lot on new projects, and if these don’t succeed, it could be a problem for the company.
- If the cost of raw materials goes up, it might affect the company’s profits.
Conclusion
In this article, we have discussed about the Asian Paints company. We have provided the all necessary data. There is price prediction by our analysis form multiple times. So before taking any decision please read the whole article.