Company snapshot

Asian Paints Limited (ASIANPAINT.NS)

ASIANPAINT.NS price

Updating with each market refresh.

Exchange
NSE
Industry
Chemicals - Specialty
Sector
Basic Materials
Market Cap
2,693,187M INR
Country
IN
IPO
2002-07-01

Filters, quality & return

Quick business overview

What Daddy thinks

Is this a great business?

Needs work

Can we reliably predict it for the future?

Pass

Can we buy it for a great price?

Needs work

What they do

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What returns to expect

ROIC

31.2%

P/E

60.5

P/FCF

85.6

Earnings Yield

1.6%

FCF Yield

1.2%

Dividend Yield

1.41%

Due diligence

Understand how the business operates

AI summary
⏳ Doing Due Diligence...

Valuation Lab

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  • How fast can they grow?
  • What multiple do you exit at?
  • What return are you demanding?
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Assumptions

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Assumption
Best Case Bullish but still believable
Base Case What you actually expect
Downside Stress test the thesis
Revenue Growth How fast you think revenue compounds each year. Business record: 13.0
Exit Multiple (P/E) The price-to-earnings multiple you expect at the finish line. Business record: 60.5
Required Return Your minimum acceptable annual return. Market average: 10

Yield Basis
Forecast Horizon

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Revenue growth

Track the top-line runway year over year.

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Net income

Bottom-line dollars delivered to owners.

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Earnings per share

Earnings power per share outstanding.

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Free cash flow

Owner earnings available after spending to grow.

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Operating cash flow

Cash generated from the core business.

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ROIC

Return on invested capital.

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Operating margin

Profit kept from each sales dollar.

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FCF margin

Cash kept after investments.

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Cash to debt

Liquidity versus obligations.

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Debt to equity

Leverage stacked on the balance sheet.

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Shares outstanding

Share count over time.

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Book value per share

Net assets per share.

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Growth story preview

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How Expensive Is It?

Stack the core valuation marks against Daddy's benchmarks.

P/E Ratio
60.55
Paying less is usually better, unless growth justifies a premium.
P/FCF
85.60
Shows how expensive the cash machine is.
Price to Book
11.45
Useful for asset-heavy businesses.
Price to Sales
6.56
Better for early-stage or low-profit firms.
EV Multiple
39.95
Captures the true cost of buying the business.
Price to Fair Value
11.45
<1 = undervalued. >1 = overpriced.
Are They Good With Money?

Return metrics reveal if management compounds hard-earned cash.

ROIC
31.20%
Anything above 10% is great. Shows smart capital allocation.
ROE
18.90%
How well they reward owners.
ROA
12.07%
Useful for comparing across industries.
ROCE
44.67%
Similar to ROIC, more conservative.
Earnings Yield
1.65%
Higher yield means the business throws off more earnings for every dollar invested.
FCF Yield
1.17%
Signals how much cash return owners get per dollar spent.
Do They Keep What They Earn?

Margins show pricing power and discipline.

Gross Margin
41.79
High margin = pricing power.
Operating Margin
29.33
Shows core efficiency.
Net Margin
10.83
How much actually reaches investors.
EBITDA Margin
16.55
Strips out interest, tax, depreciation, amortization.
Can They Handle Pressure?

Liquidity and leverage check the downside risk.

Debt to Equity
0.12
Lower is safer. High debt means risk.
Cash to Debt
2.09
Shows if they can cover liabilities now.
Current Ratio
N/A
Data not available
Interest Coverage
43.89
>2 = manageable debt load.
How Efficient Are They?

Turnover ratios surface operational rhythm.

Asset Turnover
1.11
Higher is better. Retail often wins here.
Inventory Turnover
2.93
Low turnover = slow sales or overstocking.
Receivables Turnover
7.85
Higher = efficient billing.
Dividend Discipline

Payout health for cashflow hunters.

Dividend Yield
1.41%
Good if you want income.
Payout Ratio
0.86
<60% is sustainable.
Dividend per Share
32.75
Higher is fine — unless they’re overpaying.
Cash Confidence

Follow the cash trail to confirm the story.

Income Quality
0.87
>1 means they’re not faking profits.
Op Cash Flow Ratio
0.54
Reliable earnings = higher ratio.
Growth Pulse

Momentum checks to see if the engine is speeding up.

Revenue Growth
13.03%
Consistent growth hints at durable demand.
FCF Growth
111.66%
Rising FCF points to improving cash economics.

Metrics preview

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Financial statements preview

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Line item FY 2023 FY 2022
Revenue 383,285 394,328
Gross Profit 170,782 170,782
Operating Cash Flow 110,543 122,151

Numbers shown in USD (millions). Full statements include 10+ years, quarterly splits, and export tools.

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