Asian Paints Ltd - Company Profile
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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 provides 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 offers 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, Maharashtra, 400055
Website
www.asianpaints.com
Telephone
91 22 39818000
No of Employees
8,056
Industry
Chemicals
Ticker Symbol & Exchange
ASIANPAINT (NSE)
Revenue (2022)
$4.4B
18.5%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
35.5%
(2022 vs 2021)
Market Cap*
$32.7B
Net Profit Margin (2022)
XYZ
14.4%
(2022 vs 2021)
* As of and is in US$
Asian Paints Ltd premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Decorative Paints | Apco |
| Industrial Paints | Asian Paints Causeway |
| Plain Finishes | Utsav |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Products/Services | In April, the company introduced Neo Bharat Latex Paint. |
| 2024 | New Products/Services | In January, the company launched premium Beautiful Homes in Nagpur. |
| 2023 | Corporate Changes/Expansions | In September, the company launched Beautiful Homes store in Mohali, Punjab, India. |
Competitor Comparison
| Key Parameters | Asian Paints Ltd | Berger Paints India Ltd | Kansai Nerolac Paints Ltd | Akzo Nobel India Ltd | Shalimar Paints Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Mumbai | Kolkata | Mumbai | Gurgaon | Gurgaon |
| State/Province | Maharashtra | West Bengal | Maharashtra | Haryana | Haryana |
| No. of Employees | 8,056 | 4,088 | 3,379 | 1,494 | 558 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| R Seshasayee | Chairman | Executive Board | 2023 | - |
| Amit Syngle | Chief Executive Officer; Managing Director | Executive Board | 2020 | 56 |
| R J Jeyamurugan | Chief Financial Officer; Company Secretary | Senior Management | 2019 | - |
| Manish Choksi | Vice Chairman | Non Executive Board | 2018 | - |
| Pallavi Shroff | Director | Non Executive Board | 2019 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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