Buy Asian Paints target of Rs 1987: Sharekhan

Trade

• Watchlist
• Portfolio
• Message
• Set Alert

 

 

Choose Stock Exchange: BSE LIVE NSE LIVE

26 Aug, 2025 12:21

Volume

Todays L/H

More

×

Sharekhan's research report on Asian Paints

Initiating coverage on Asian Paints Ltd (APL) that leads decorative paints industry with a 55% market share; APL derives over 85% of revenue from this industry unlike peers. Rising middle-income group; rapid urbanisation, shift to organised brands are key growth drivers. FY2022 recovery to ride on higher willingness to spend for home improvement and strong demand for bottom-of- pyramid products; benign input prices to lift margins in FY2022 (PAT to clock CAGR of 14.5% over FY2020-23E).

Outlook

Sturdy balance sheet; FCF is at Rs. 2,157 crore; return ratios above 20%; consistent dividend payout at ~50%.

For all recommendations report, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Read More