Skip to content
Intrinsic value · Buy/Sell verdict · scores — free· 1049 Indian stocks· EOD 2026-07-31

Asian Paints Limited

ASIANPAINTNSEBasic Materials
₹2,747.3
+1.10 (+0.04%)
Hold

Momentum (81/100) does the heavy lifting; valuation (2/100) is the drag.

ExpensiveOvervalued
The bottom line

Asian Paints Limited earns a Hold from StocksWizard, with a blended score of 45/100. At ₹2,747.3 it trades above our blended DCF and relative-multiples fair value of ₹1,373.65, about 50% downside to that estimate — we read it as overvalued by 50%. On 59.0x trailing earnings it sits pricier than the Basic Materials median of about 22.2x. The price is about 7% below its 52-week high of ₹2,942.97 and 31% above the low of ₹2,103.05. Financial health scores 100/100, in the safe band on the Altman Z-score, with a Piotroski F-score of 6/9. The average analyst target of ₹2,848.14 implies about 4% upside across 35 analysts. It clears 10 of 13 investability checks, with durability 75, valuation 4 and momentum 81 on our 0–100 scales.

Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.

Intrinsic value
Our fair value
₹1,373.65down 50.00%
Overvalued by 50%
Price ₹2,747.3Range ₹1,263.76₹1,483.54
DCF + relative blendmedium confidence

With a 20% margin of safety, our buy-below price is ₹1,098.92.

Analyst views

35 analysts17 buy · 10 hold · 8 sell
12-month consensus target₹2,848.14up 3.67%

1-year price

EOD · 2026-07-31
1D
up 0.04%
1W
up 4.15%
1M
up 0.10%
3M
up 14.04%
6M
up 14.70%
1Y

52-week range

-6.65% from the 52-week high.

Trend check
Above 50-DMA₹2,681Above 200-DMA₹2,573

Price above both moving averages reads as an intact uptrend; below both, the trend is against you.

Verdict pillars

Hold45
A
Financial health 100/100
Altman Z 14.36 · Safe zone

Piotroski F-score 6/9 — quality of earnings & balance sheet.

Our scores

Durability75
Valuation4
Momentum81

Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.

Investability checklist

Passed 10 of 13 checks
Each check screens one fundamentals, valuation or trend signal.
  • Pass: ROE above 15%: 20.9%
  • Pass: Low debt (D/E < 0.5): 0.18x
  • Pass: Positive free cash flow
  • Pass: Revenue growth > 10%: 11%
  • Pass: Earnings growing: 69%
  • Pass: Net margin ≥ 10%: 12.2%
  • Pass: Current ratio > 1.5: 2.21
  • Fail: Below our fair value
  • Fail: Margin of safety ≥ 20%
  • Pass: Above 200-day average
  • Pass: Above 50-day average
  • No data: Positive 1-year return
  • Pass: Altman Z in safe zone: Z 14.36
  • Fail: Piotroski ≥ 7: 6/9

Quarterly results

Revenue · 1Q2026
₹9,247 Cr
Net profit
₹1,172 Cr
Margin
13%
2Q2025
3Q2025
4Q2025
1Q2026
Revenue Net profitLatest revenue QoQ +4%

Annual financials

Revenue · 2026
₹35,584 Cr
Net profit
₹4,441 Cr
Margin
12%
2023
2024
2025
2026
Revenue Net profitLatest revenue YoY +5%

Shareholding

  • Promoter52.9%
  • Institutions28.2%
  • Public & other18.9%

Promoter holding via insider stake; institutional via reported holdings.

Key fundamentals

Market cap
₹2.56 L Cr
P/E ratio
59.0
P/B ratio
11.97
EPS (TTM)
₹45.24
ROE
20.9%
Debt / Equity
0.18x
Profit margin
12.2%
Free cash flow
₹4,341 Cr
52-week high
₹2,942.97
-6.65% from high
52-week low
₹2,103.05
Dividend yield
1.0%
Beta
0.30
SWOT snapshot

Bull case vs bear case

Bull case

Strengths

  • Strong return on equity (20.9%).
  • Lightly leveraged balance sheet.
  • Financially solid — Altman Z 14.36.

Opportunities

  • Earnings growing (69% YoY).

Bear case

Threats

  • Rich valuation versus sector peers.
  • Trades ~50% above our estimated fair value.

About Asian Paints Limited

Asian Paints Limited manufactures and distributes paints, coatings, and home decoration products across India, Asia, the Middle East, Africa, and the South Pacific. Its product portfolio includes wall coverings, waterproofing solutions, adhesives, bath fittings, sanitaryware, modular kitchens, wardrobes, fabrics, furnishings, rugs, and decorative lighting.

Asian Paints Limited — frequently asked questions

Is Asian Paints Limited a buy, hold or sell?

StocksWizard currently rates Asian Paints Limited (ASIANPAINT) a Hold, based on a blended score of 45/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.

What is Asian Paints Limited's fair value?

Our blended DCF and relative-valuation model estimates Asian Paints Limited's fair value at about ₹1,373.65, versus a current price of ₹2,747.3 — roughly 50% downside. On that basis the stock looks overvalued by 50%.

Is Asian Paints Limited financially healthy?

Asian Paints Limited scores 100/100 on our financial-health model, placing it in the safe band on the Altman Z-score, with a Piotroski F-score of 6/9.

How has Asian Paints Limited's share price performed?

Asian Paints Limited is up 14% over three months, and last traded at ₹2,747.3. Past performance doesn't predict future returns.

Our verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.