{"id":11257,"date":"2023-02-10T09:27:07","date_gmt":"2023-02-10T09:27:07","guid":{"rendered":"https:\/\/blog.researchandranking.com\/?p=11257"},"modified":"2025-03-28T10:52:56","modified_gmt":"2025-03-28T05:22:56","slug":"asian-paints-share-price-and-fundamental-analysis","status":"publish","type":"post","link":"https:\/\/www.equentis.com\/blog\/asian-paints-share-price-and-fundamental-analysis\/","title":{"rendered":"Asian Paints Share Price: All You Want To Know"},"content":{"rendered":"
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Overview of the Asian Paints Share Price<\/h2>\n\n\n\n

Asian Paints Limited is an international paint manufacturer with Indian roots headquartered in Mumbai, Maharashtra. The firm manufactures, sells, and distributes paints, coatings, home d\u00e9cor goods, bathroom fixtures, etc. Since 1967, the business has held the top position in the paint market. It has grown twice as big as any other paint business in India<\/a>. Asian Paints produces a large selection of paints for both ornamental and industrial purposes.<\/p>\n\n\n\n

Asian Paints, with a total sales of Rs 25,002 crores, is the largest paint manufacturer in India. In the fiscal year 2021\u20132022, the firm brought in \u20b925640.40 crores in sales and made \u20b94194.14 crores in profit. The organization enjoys an exceptional reputation for professionalism, rapid expansion, and creating shareholder wealth in the business sector. Asian Paints has 26 paint production plants worldwide and operates in 15, serving customers in more than 60 nations.<\/p>\n\n\n\n

Asian Paints Business<\/h2>\n\n\n\n

In addition to Asian Paints, the group also conducts business internationally through its affiliates Asian Paints Berger, Apco Coatings, SCIB Paints, Taubmans, Causeway Paints, and Kadisco Asian Paints. Asian Paints produces a large selection of decorative and industrial paints. Asian Paints is a player in the decorative paints market’s four subsectors: interior wall finishes, exterior wall finishes, enamels, and wood finishes. Its product line also includes wall coverings, adhesives, and waterproofing.<\/p>\n\n\n\n

To meet the expanding demands of the Indian automobile coatings industry, Asian Paints also does business through “PPG Asian Paints Pvt Ltd”, a 50:50 joint venture between Asian Paints and PPG Inc., USA, one of the leading automotive coatings manufacturers in the world. The second joint venture (JV) with PPG, known as “Asian Paints PPG Pvt Ltd,” provides services for India’s protective, industrial powder, industrial containers, and light industrial coatings sectors.<\/p>\n\n\n\n

Asian Paints Management<\/h2>\n\n\n\n
Name<\/strong><\/td>Designation<\/strong><\/td><\/tr>
Ashwin Dani<\/td>Chairman (Non-Executive Director)<\/td><\/tr>
Deepak Satwalekar<\/td>Chairman & Independent Director<\/td><\/tr>
Manish Choksi<\/td>Vice Chairman & Non-Executive Director<\/td><\/tr>
Amit Syngle<\/td>Managing Director & CEO<\/td><\/tr>
R J Jeyamurugan<\/td>CFO & Company Secretary<\/td><\/tr>
Malav Dani<\/td>Non-Executive Director<\/td><\/tr>
Jigish Choksi<\/td>Non-Executive Director<\/td><\/tr>
Amrita Vakil<\/td>Non-Executive Director<\/td><\/tr>
Nehal Vakil<\/td>Non-Executive Director<\/td><\/tr>
Suresh Narayanan<\/td>Independent Director<\/td><\/tr>
R Seshasayee<\/td>Independent Director<\/td><\/tr>
Milind Sarwate<\/td>Independent Director<\/td><\/tr>
Pallavi Shroff<\/td>Independent Director<\/td><\/tr>
Vibha Paul Rishi<\/td>Independent Director<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

History of Asian Paints<\/h2>\n\n\n\n

In 1945, The Company was incorporated as a private limited company under Asian Oil and Paint Company Pvt. Ltd. It was converted into a public limited company in 1973. Asian Paints manufactures a wide range of surface coatings catering to different end uses. It also manufactures vinyl pyridine latex used in the manufacture of rubber tires. The company expanded its product range, developed its own technology, set up a distribution network penetrating smaller towns, and plowed a large part of earnings into creating new facilities.<\/p>\n\n\n\n

Here is a timeline of how Asian Paints expanded<\/strong><\/p>\n\n\n\n