Hi, Friends today we analyze India’s leading Paint manufacturing and distribution company “Asian Paints Share Price Target”, and its future share value performance. And we deeply analyze the current market trend and upcoming opportunities for Asian Paints and is Asian Paints shares may give a good return or not.
Evaluating Asian Paints’ business fundamentals, technical and financial ratios, and company strengths and weaknesses will give more insight into the company’s future share prediction. Also, we look into various factors that affect Asian Paint’s shares. Let’s see in-depth details about Asian Paints Share Price Targets for 2023, 2024, 2025, 2026, and 2030.
Asian Paints share Price Target 2023, 2024, 2025, 2026, and 2030.
Asian Paints Ltd is India’s leading multinational paint company that deals with manufacturing selling and distributing domestic paints. The company is headquartered in Mumbai, Maharashtra. Asian Paint has a footprint in over 60 countries and the company has 26 manufacturing units across India.
Asian Paints was established in 1942, with current employees of 8200 till 2022. The company has a total market cap worth INR 260,000Cr, and the company is a pioneer in the Indian Paint industry. The Indian Paint industry is expected up to INR 1 Lakhs Crore in the next five years.
Asian Paints Share Price Target 2023
Asian Paints Limited is an Indian multinational paints company that works in the chemical sector, and Asian Paints is India’s largest and Asia’s second-largest Paint manufacturing and distribution company.
Asian Paint Ltd share was issued Initial Public Offering (IPO) on 24-10-1945, the company was listed Bombay Stock Exchange (BSE), and the National Stock Exchange (NSE).
Asian Paints Share Price Target 2023: The company has a well-established name in the market, and it has a global presence with over two decades of experience, so you can expect good share growth in the upcoming days. The expected share value of Asian Paints in 2023 is Rs.2900 and the second target is Rs.3000.
|Asian Paints Share Price First Target 2023||Rs.2900|
|Asian Paints Share Price Second Target 2023||Rs.3000|
Asian Paints Share Price Target 2024
Asian Paints Ltd has shown stable growth over the period of time, the company’s P/E ratio is 72.13 which is higher than the sector P/E ratio. The stock is trading at a premium valuation as compared to its previous key valuations.
Asian Paints shares 52 W H/L value 3582.9/2560.0, the company has a strong financial position with a total market capitalization of around INR 300,000 at the end of March 24. The company’s annual revenue growth is 33.91% with 3 years CAGR of 14.6%.
Asian Paints Share Price Target 2024: The company has a strong financial position with stable revenue growth, and it has a global presence in order to increase its market, so you can expect the Asian Paints Share Price Target by 2024 Rs. 3800 with high-returns and the second target Rs.3900.
|Asian Paints Share Price First Target 2024||Rs.3800|
|Asian Paints Share Price Second Target 2024||Rs.3900|
Asian Paints Share Price Target 2025
Asian Paints is the leading player in India’s decorative paints segments with a total market share of around 60%. The company has a wide range of products, including premium range value-added products. The company has been expanding its presence in industrial paint segments which gave it more opportunities in the upcoming days.
Asian Paints has a strong business model and the best marketing team. The company has over 65,000 dealers and distributors across India and serves 60 countries across the globe.
Asian Paints Share Price Target 2025: The company has a strong market position in India and other countries, with a very strong distribution network the company is able to achieve new heights in the upcoming days. The expected share price value of Asian Paints by 2025 is Rs.4600 and the second target is Rs.4700.
|Asian Paints Share Price First Target 2025||Rs.4600|
|Asian Paints Share Price Second Target 2025||Rs.4700|
Asian Paints Share Price Target 2026
The company is more focused on new markets with decorative and industrial paints. Also, the company has the capability of manufacturing expansion as per the market demand.
Asian Paints investing in new products to occupy the future market and adopting new technologies. The company has been expanding its global presence through acquisitions and joint ventures.
Asian Paints Share Price Target 2026: Asian Paints has a well-managed and strong financial company with a strong market position with stable growth. As per the technical analysis, the stock gain more value in the future. The expected share price of Asian Paints by 2026 is Rs. 5400 and the second target is Rs,5450.
|Asian Paints Share Price First Target 2026||Rs.5400|
|Asian Paints Share Price Second Target 2026||Rs.5450|
Asian Paints Share Price Target 2030
Asian Paints Share Price future is decided by its technical analysis, if the company’s financial fundamentals and its technical ratios are solid then it has good share growth in the future. Let’s see the technical analysis of Asian Paints.
- Revenue: Asian Paints shows good revenue growth in FY22 INR 28,943 Cr 34.60% high than its previous FY revenue.
- Earnings Per Share (EPS): The EPS of Asian Paints if FY 22 is 32.48 higher than the 2.07% previous FY.
- Dividend Yield: The company has a dividend yield of 0.7% which shows a moderate payout ratio.
- Price to Earnings (P/E): As of Mar 2023, Asian Paints P/E ratio is around
Overall the company has a stable balance sheet and growth, and a low debt-to-equity ratio which is 0.06%. So the company shares can give solid returns in terms of long-run.
Asian Paints Share Price Target 2030: The company regularly shows very good results in every financial year, and the management has to establish new markets with the latest products, so you can expect the share price target of Asian Paints by 2030 Rs. 8300 and second target Rs. 8500
|Asian Paints Share Price First Target 2025||Rs.8300|
|Asian Paints Share Price Second Target 2025||Rs.8500|
Overview Of Asian Paints Limited
|Founders Names||Champaklal Choksey, Chimanlal Choksi, Suryakant Dani, Arvind Vakil|
|Headquarters Place||Mumbai, Maharashtra, India|
|Key People||Ashwin Dani [Chairman] Manish Choksi [Voice Chairman] Amit Syngle [CEO] Abhay Vakil [Non-Executive Director]|
|Products||Chemicals, Decorative Paints, Industrial Finishing Products Coatings|
|Number Of Employees||7,200|
Business Model Of Asian Paints Limited
Asian paints Ltd is a pioneer in the Indian Paint industry, the company has a comprehensive manufacturing infrastructure, with 28 units across India. The company has a strong distribution network in both urban and rural markets.
The company is more focused on the domestic market and industrial market also. Asian Paints is well known for its strong brand identity
Strengths Of Asian Paints Limited
- Promoter underwriting company
- The book value per share has been improving over the past 2 years
- Company with low debt
- There is growth in net profit and increasing profit margin QoQ
Weaknesses Of Asian Paints Limited
- High advertiser share commitments
- The price is below both the long-term and short-term averages
- It is now difficult for companies to generate net cash
- RoCe has been declining in the last 2 years
- ROA has been declining in the last 2 years
- ROE has been declining in the last 2 years
- MF has completely reduced its holdings in the last quarters
Competitions Of Asian Paints
- Shalimar Paints
- Sirca Paints
- Indigo Paints
- Akzo Nobel
- Kansai Nerolac
- Berger Paints
Shareholdings Pattern Of Asian Paints
|No Of Shares||100. %|
|Foreign Institutions||18.11 %|
|N Banks Mutual Funds||3.67 %|
|General Public||12.82 %|
|Financial Institutions||5.53 %|
Asian Paints Share Price Target 2023, 2024, 2025, 2026, 2030
|Years||First Target||Second Target|
|Asian Paints Share Price Target 2021||Rs. 2,700||Rs. 3,300|
|Asian Paints Share Price Target 2022||Rs. 3,500||Rs. 3,100|
|Asian Paints Share Price Target 2023||Rs. 4,800||Rs. 5,000|
|Asian Paints Share Price Target 2024||Rs. 6,700||Rs. 6,900|
|Asian Paints Share Price Target 2025||Rs. 7,100||Rs. 7,250|
|Asian Paints Share Price Target 2026||Rs. 8,140||Rs. 8,300|
|Asian Paints Share Price Target 2030||Rs. 17,400||Rs. 17,500|
Asian Paints Ltd shares are at their peak position right now, and the technical analysis shows the company shares could be bullish. And Asian Paints has strong financial fundamentals, with over three decades of experience in the market.
The company keeps focusing on new markets and expanding its footprint in the world market. You can expect a multi-bagger from Asian Paints shares in long-term investment.
We have rated this company in this article but we are not SEBI-registered advisors so if you want to invest in this company please do your own research or take advice from a financial advisor
Is Asian Paints a good stock to buy?
Semi Strong but However please check the rating and quality and valuation before investing
Asian Paint Share Price Target of 2025?
Asian Paints Target price for 2025 expected price is Rs. 7100-7250
What is the debt of Asian Paints?
the latest total debt ratio of Asian Paints is Rs. 775 Cr. based on the 2022 consolidated results
The share price target of Asian Paints 2030?
Asian Paints Share Price for 2030 is the expected price is Rs. 17,400-17,500