ScoreWhy is Asian Paints Ltd. ?
1
Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 26.01%
- Healthy long term growth as Net Sales has grown by an annual rate of 13.40%
- Company has a low Debt to Equity ratio (avg) at 0 times
2
High Institutional Holdings at 33.22%
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
3
Market Beating Performance
- The stock has generated a return of 16.14% in the last 1 year, much higher than market (BSE500) returns of 0.72%
4
With its market cap of Rs 2,66,676 cr, it is the biggest company in the sector and constitutes 71.16% of the entire sector
- Its annual Sales of Rs 34,378.17 are 57.65% of the industry
Real-Time Research ReportHow much should you buy?
- Overall Portfolio exposure to Asian Paints should be less than 10%
- Overall Portfolio exposure to Paints should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Paints)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Asian Paints for you?
Low Risk, High Return
Absolute
Risk Adjusted
Volatility
Asian Paints
16.18%
0.79
20.56%
Sensex
3.59%
0.30
11.83%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
13.40%
EBIT Growth (5y)
10.77%
EBIT to Interest (avg)
34.69
Debt to EBITDA (avg)
0.34
Net Debt to Equity (avg)
-0.11
Sales to Capital Employed (avg)
1.76
Tax Ratio
27.13%
Dividend Payout Ratio
58.50%
Pledged Shares
9.09%
Institutional Holding
33.22%
ROCE (avg)
35.40%
ROE (avg)
26.01%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
67
Industry P/E
59
Price to Book Value
13.67
EV to EBIT
52.70
EV to EBITDA
42.82
EV to Capital Employed
15.18
EV to Sales
7.72
PEG Ratio
NA
Dividend Yield
0.90%
ROCE (Latest)
28.81%
ROE (Latest)
20.54%
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TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Mildly Bullish
Dow Theory
No Trend
Mildly Bullish
OBV
No Trend
Mildly Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend1What is working for the Company
NO KEY POSITIVE TRIGGERS
-5What is not working for the Company
ROCE(HY)
Lowest at 25.16%
Loading Valuation Snapshot...
Here's what is not working for Asian Paints
Non Operating Income - Quarterly
Highest at Rs 198.64 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income
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