Asian Paints Ltd (Asian Paints) is a provider of painting and waterproofing solutions. The company’s product portfolio includes industrial and decorative paints, including exteriors, interiors, enamels, and wood finishes. It also offers modular kitchens and wardrobes through Sleek brand and bathroom solutions through Ess Ess brand. The company also operates paint manufacturing facilities in Gujarat, Andhra Pradesh, Uttar Pradesh, Tamil Nadu, Maharashtra, Telangana, and Haryana. It provides these products to automotive original equipment manufacturers, industrial, marine and construction industries, among others. The company along with its subsidiaries, operates in South Asia, South East Asia, South Pacific, Middle East, and Africa. Asian Paints is headquartered in Mumbai, Maharashtra, India.

Headquarters India

Address Asian Paints House, 6a, Shantinagar, Santacruz (East), Mumbai, 400055


Telephone 91 22 39818000

No of Employees 7,423

Industry Chemicals

Ticker Symbol & Exchange ASIANPAINT (NSE)

Revenue (2021) $3.9B 34% (2021 vs 2020)

EPS XXX

Net Income (2021) XXX -3.5% (2021 vs 2020)

Market Cap* $41.8B

Net Profit Margin (2021) XXX -28.0% (2021 vs 2020)

* As of and is in US$

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Petrochemical Plants

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Products and Services

Products Brands
Decorative Paints Asian Paints Causeway
Industrial Paints Utsav
Plain Finishes Apex
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XXX XXX
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2022 Acquisitions/Mergers/Takeovers In April, the company acquired 51% stake in Weatherseal Fenestration Private Limited.
2022 Acquisitions/Mergers/Takeovers In April, the company acquired 49% stake in Obgenix Software Private Limited.
2019 Commercial Operation In January, the company commissioned paint manufacturing unit at Vishakhapatnam in Andhra Pradesh.
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Competitor Comparison

Key Parameters Asian Paints Ltd Berger Paints India Ltd Kansai Nerolac Paints Ltd Akzo Nobel India Ltd Indigo Paints Ltd
Headquarters India India India India India
City Mumbai Kolkata Mumbai Gurgaon Pune
No. of Employees 7,423 3,814 3,105 1,467 691
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Amit Syngle Managing Director; Chief Executive Officer Executive Board 2020 56
R J Jeyamurugan Chief Financial Officer; Company Secretary Senior Management 2019 -
Deepak Satwalekar Chairman Non Executive Board 2021 73
Manish Choksi Vice Chairman Non Executive Board 2018 54
Suresh Narayanan Director Non Executive Board - -
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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