Asian Paints ASIANPAINT
India's largest paint maker; also home décor, kitchens and bath fittings
Mapped in 2 themes: Nifty 50 and Real Estate.
Where Asian Paints sits in the supply chain
Asian Paints appears in 1 supply-chain layer in one theme, Real Estate.
Real Estate › Tiles, paints & panels
Direct supplierOther companies in this layer
Index membership
Asian Paints is in the Nifty 50 (NSE industry: Consumer Durables).
Revenue and profit
| ₹ Cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 35,495 | 33,906 | 35,584 |
| Net profit | 5,558 | 3,710 | 4,395 |
Latest-year revenue ₹35,584 Cr (FY26, company-wide). Wider screens show FY22 onwards.
Strengths
- Largest dealer network and brand in decorative paints
- High ROCE
Risks
- Birla Opus (Grasim) and other entrants have squeezed share and margins since 2024
- Profit still below FY24 peak
Common questions
What does Asian Paints do?
India's largest paint maker; also home décor, kitchens and bath fittings.
Where does Asian Paints sit in the supply chain?
Asian Paints (NSE: ASIANPAINT) is mapped in 1 supply-chain layer: Tiles, paints & panels (Real Estate).
Who are Asian Paints' peers?
In the Tiles, paints & panels layer of Real Estate: Berger Paints India, Kajaria Ceramics, Cera Sanitaryware, Century Plyboards (India), Greenpanel Industries, Asahi India Glass and 2 more.
What is Asian Paints' market cap and valuation?
As of 30 Oct 2026: market cap ₹2.23L Cr, P/E 45.0x, ROCE 26.3%, ROE 21.8%, dividend yield 1.19%.