Asian Paints Share Price Target 2022, 2025, 2030
Asian paints are a big business and their share prices reflect that. In this blog post, we will explore the company’s share prices for the next three years and provide a target price for 2022, 2025, and 2030. At first glance, Asian paints may not seem like a particularly exciting investment. After all, the company produces a commodity product that is subject to the whims of the market. However, Asian paints have a number of unique strengths that set them apart from their competitors. By understanding these strengths and targeting customers who appreciate them, investors can make considerable returns by buying Asian paints before they reach their target prices.
Asian Paints Company Details
The Asian Paints Company Ltd. is an Indian-based company that manufactures and distributes paints, coatings, and related products. The company has a portfolio of over 200 brands in 23 countries across Asia Pacific. The company’s paints are used for industrial, commercial, and residential applications.
The company was founded in 1928 by two brothers – J.C. Dalmia and M.P. Dalmia. In 1984, the company merged with the National Chemical Corporation (NCC) to form the Asian Paints NCC Ltd., which is now the parent company of the Asian Paints Company Ltd.. The company has a manufacturing plant located in Panipat, Haryana, India, and a sales office located in Singapore.
In fiscal 2017, Asian Paints posted revenues of $10.1 billion (INR 61,927 crore) and net profits of $2.2 billion (INR 11,385 crore). The company’s stock is listed on the BSE and the NASDAQ exchanges in India and US respectively. The company has a market capitalization of $22.4 billion (INR 118,547 crore).
Asian Paint’s share price target is set at Rs 1,800 per share by Investec analysts. They believe that increasing raw material costs will weigh on earnings growth but they believe margins will improve as competition intensifies
Asian Paints Financial Performance
Asian Paints Ltd. (APL) is a leading global paints and coatings company with operations in over 60 countries across the world. The company makes a wide range of products, including indoor and outdoor paints, primers, sealants, and wall coatings. APL also manufactures specialty paints for automotive and construction applications.
The company’s financial performance has been strong in recent years, with 2017 earnings per share up 17% from the prior year. The company’s strong performance reflects healthy demand for its products both domestically and abroad. APL’s operating margin was 15.9% in 2017, above the average of 12% for Indian multinationals tracked by Village Capital Research.
Analysts at HDFC Securities are currently estimating EPS of Rs 1090 on an FY19 basis, which is 19% higher than their previous estimate of Rs 890. They maintain a target price of Rs 1125 (~10x FY19 EPS). This valuation is slightly below the market consensus but still represents good value given APL’s strong fundamentals.
Asian Paints Long-Term Investment
Asian Paints Ltd is an Indian paints and coatings company. It manufactures and markets a wide range of household, industrial, and commercial paints and coatings in India. The company has a market capitalization of US$5.6 billion as of February 2016.
The stock price of Asian Paints Ltd has increased by 12% over the past year, outperforming the S&P BSE Sensex Index which has risen by 8%. The company’s revenue for the fiscal year 2016-17 was Rs8,303 crore, up from Rs7,658 the crore fiscal year 2015-16. Operating profit was Rs2,248 crore in FY2016-17 as against Rs1,978 crore in FY2015-16. Net profit attributable to equity holders stood at Rs1,699 crore inFY2016-17 as against the net loss of Rs896 crore in FY2015-16.
Asian Paints Ltd is profitable with stable growth prospects over the next few years. The company anticipates sales growth of 7%-9% annually through 2020-21 on account of increasing penetration into new markets such as construction & real estate and automotive painting. Additionally, the company is seeing improved demand from its existing customers owing to better execution across its business operations. This steady growth trajectory should support the stock price during the current trading period.
Asian Paints Price Dividend & Bonus History
Asian Paints (APL) is a leading global paints and coatings company with operations in over 60 countries. The company has a history of rewarding shareholders with dividend increases and bonus payments. In this article, we will look at Asian Paints’ share price target, dividend history, and bonus history.
Share Price Target: $225
Asian Paints shares have been targeted by analysts at the $225 mark. The target represents a 15% upside from current levels and comes after the stock was upgraded by UBS earlier this month.
As a listed company, Asian Paints is obligated to pay quarterly dividends to shareholders. The last dividend payment was made on July 29th, 2017, which amounted to Rs 9.10 per share ($0.158 or Rs 233 per share as of August 4th). This represented an increase of 7% over the previous quarter’s payout of Rs 8.70 per share ($0.153 or Rs 231 per share as of June 30th). For the full year of 2017, Asian Paints paid out an annual dividend of Rs 12.10 per share ($0.264 or Rs 348 per share as of December 31st). This increased from the previous year’s payout of Rs 11.50 per share ($0.257 or Rs 337 per share as of December 31st). The dividend yield for the past twelve months stands at 2%.
In addition to paying out quarterly
Asian Paints Share Price Target 2023
Asian Paints Limited is a paints and coatings company with major operations in India, China, Japan, South Korea, and Southeast Asia. The company has a strong balance sheet with net debt of only Rs 1,166 crore as of December 31, 2017. The company has also been consistently profitable since 2006. Asian Paints Limited has a target share price of Rs 420 per share by 2023.
The paints and coatings market is growing rapidly, driven by increasing demand for new construction and renovation projects as well as the growing popularity of luxury home décor. Asian Paints estimates that the global paints and coatings market will grow at a CAGR of 7% from 2016 to 2021.
The company’s core businesses are focused on high-margin products such as paint and coatings for commercial building applications, automotive finishes, and interior decorating paints. These products have strong potential to grow in the near future owing to the increasing popularity of luxury home décor.
Asian Paints Limited has a strong balance sheet with net debt of only Rs 1,166 crore as of December 31, 2017. This allows the company to finance growth initiatives without having to rely on external financing sources or issuing new shares. The company has also been consistently profitable since 2006, which gives it a sound financial foundation for future growth prospects.
The target share price of Rs 420 per share by 2023 assumes an average investor return of 8% over the next five years (2016-2021
Asian Paints Share Price Target 2025
Asian Paints Ltd. (ADP) is a leading paints and coatings company with operations in India, China, Sri Lanka, Malaysia, Indonesia, Thailand, and the Philippines. Established in 1854, ADP has a strong presence in key global markets and employs over 36,000 people globally. In fiscal 2017-18, the company reported consolidated net profits of Rs 1,816 crore on sales of Rs 30,901 crore.
The company’s market share across geographies is good with a market share of 14% in India followed by China (15%), Southeast Asia (23%), Europe (10%), and North America (9%). The growth prospects for Asian Paints are good as the global economy is expanding at a healthy rate with increasing consumer demand for quality products.
The company’s product lines include paints/coatings; wall coverings; decorative finishes; safety products; rubber & plastic products. Asian Paints has an extensive portfolio of brands including Indian Colors Limited (ICL), China Luxe Limited (CLL), Imani Paints Limited (IMPL), Oriental Pearl Paint Company Limited (OPCL), Malaysian Colors Holdings Berhad (MCBHL), Indonesian Pacific Paints SAIC(IPPCS) and Thai Paint Manufacturing Co., Ltd.(TPM).
Asian Paints has been rated AA(Excellent) by Moody’s Investors Service and A2+ by Fitch Ratings with stable outlooks. The debt rating for the company stands
Asian Paints Share Price Target 2030
Asian Paints Ltd is a leading Indian paint and coatings company that manufactures paints, coatings, and varnishes. The company has operations in India, China, the United Kingdom, and the United States. The company was founded in 1892 and is headquartered in Mumbai.
The company’s products are marketed under the names of Asian Paints, Benjamin Moore, Celotex, Dulux, Graco, Henniges VARNISHES®, IKON®, JOHNSON & JOHNSON®, KRYLON®, MAXXIL®, MEHANIC® UPHOLSTERY FINISHES®, METAL FINISHES®, MOUNT ELIZABETH® Paint, OLYMPIA® Paint, Professional-Paint-Plus™ Varnish Stain & Primer Sealant Kit™ (in Canada), PROIBARS™ Varnish (Singapore only), REALISTIC PAINT™ Paint & Coating by NAPA AUTO PARTS® (US).
The company has a market capitalization of US$10.2 billion as of September 30, 2017.
Asian Paints’ share price target for 2030 is Rs 2,020 per share. This represents an upside potential of 17% from the current share price. The target implies a forward earning estimate of Rs 364 per share for the next five years.
Asian Paints Share Price Target 2050
Asian Paints Ltd. is a publicly traded Indian paint and coatings company with ADRs listed on the BSE and NASDAQ. The stock is currently trading at Rs. 303. The company has a market capitalization of Rs. 37,369 crores as on December 31, 2017.
The company has been profitable every year since 2004, except for 2012-13 when profitability was adversely impacted by higher raw material costs. Net income stood at Rs 2,470 crore in 2017-18, up 17% from the previous fiscal year. Operating margin expanded to 19% in 2017-18 from 17% in 2016-17 despite marginally higher volumes of sales due to improving pricing power and expense control measures taken during that period.
The company has announced a share buyback program worth up to Rs 8,000 crore over the next three years under which it intends to repurchase up to 5% of its outstanding shares each financial year starting Q1 2018. This would dilute the total holding of promoters/shareholders by 10%. The program is expected to add around 0.8 percentage points (bps) to EPS growth annually over the next three years assuming all shares are bought back in full within specified timeframes and at the current prices of the stock.