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Asian Paints Share Price Target: 2024, 2025, 2030, and 2040

Asian Paints Share Price Target: 2024, 2025, 2030, and 2040

Asian Paints Share Price Target: This article will discuss Asian Paints share price target for the upcoming years. We will analyze the estimated stock price of the company so that you can make better decisions about investing in it. Before we dive into the company’s share price predictions, let’s first understand the company’s background, financials, technical fundamentals, etc.

Asian Paints Limited: An Overview

Asian Paints Limited was established in 1942. The company is engaged in the business of manufacturing, selling, and distributing paints, coatings, home decoration related products, bath fittings, and providing related services.

It is India’s largest paint company by market share, and its subsidiaries have 26 manufacturing facilities in 16 countries, serving customers globally in more than 65 countries.

Company nameAsian Paints Limited
IndustryChemicals
Founded1942
CountryIndia
Official websitewww.asianpaints.com

Key Metrics

Market Cap (₹)3,07,192 Crore
Sectoral Market Cap Rank1
PE Ratio (x)66.21
Price to Book Ratio (x)18.68
EPS – TTM (₹)48.37
Stock – 52 Week High & Low (₹)3,582.90 / 2,685.85

Highlights of the Asian Paints Limited share price forecast are shown in the table below.

YearFirst TargetSecond Target
2023₹ 3,470₹ 3,540
2024₹ 3,930₹ 4,010
2025₹ 4,400₹ 4,485
2026₹ 4,850₹ 4,950
2027₹ 5,300₹ 5,430
2028₹ 5,750₹ 5,900
2029₹ 6,250₹ 6,450
2030₹ 6,800₹ 7,200
2040₹ 14,000₹ 16,000

Important Note: These price predictions of “Asian Paints Limited” are only for reference purposes only, short-term and long-term Asian Paints stock price predictions may be different due to the other analyzed time series. This prediction is only if there are positive market sentiments, and this analysis does not cover any uncertainties in the company or global market condition. 

Future Growth of Asian Paints Limited

Earnings and Revenue Growth Forecasts of the Company

According to our growth forecast, Asian Paints Limited’s earnings and revenue will grow by 10.90% and 10.40% per year, respectively. EPS is expected to grow by 11%. 

Key Information

Forecasted Earnings Growth Rate10.90%
Forecasted Chemical Industries Earnings Growth16.30%
Forecasted EPS Growth Rate11.00%
Forecasted Revenue Growth Rate10.40%
Forecasted Return on Equity28.70%

High Growth Revenue: The company’s revenue is forecast to grow at a rate of 10.40% per year, which is less than 20% per year. A 20% growth rate is considered high. 

✅ The estimated ROE would be 28.70%, which is high in three years.

Past Performance of Asian Paints Limited

Earnings and Revenue History of the Company

❎ When we analyze the past earnings and revenue of Asian Paints Limited, the earnings growth rate of the company last year was 35.50%. The company’s revenue growth rate was 18.30% per annum, and the current net profit margin stood at 11.90%, which is higher than the previous year’s (10.41%).

Key Information

Earnings Growth Rate35.50%
EPS Growth Rate35.58%
Revenue Growth Rate18.30%
Return on Equity25.67%

Past earnings growth analysis of the company

Earnings Trend: When we analyze the earnings trend of the last 5 years, we find that the earnings of the company have grown by 35.50% per annum.

Rapid Growth: When we look at the last year’s earnings of the company, they have grown by 35.50%, which is more than the 30.07% average annual earnings growth in the last 4 years.

Return on Equity (ROE)

✅ Asian Paints return on equity was 25.67%.

Return on Assets (ROA)

✅ The company had a ROA of 15.91%.

Return on Capital Employed (ROCE)

✅ Last year, the company had a ROCE of 32.33%. 

The Financial Health of Asian Paints Limited

The financial position of the company

Short-term liabilities: The short-term assets of Asian Paints Limited exceed its short-term liabilities. Which is good.

Long-term liabilities: The short-term assets of Asian Paints Limited exceed its long-term liabilities. 

Debt analysis

Debt Level: Asian Paints Limited’s debt-to-equity ratio is 0.06%, which is considered good.

Debt coverage: Asian Paints Limited’s debt is well covered by operating cash flows,

Interest coverage: Asian Paints Limited’s interest on debt is well covered by EBIT (46.01x coverage).

Asian Paints Limited’s stock forecast for the upcoming years

Asian Paints Share Price Target for 2023

The year 2023 appears to be an exponential opportunity for those looking to invest in Asian Paints Limited stock. Right now, there is a lot of potential for growth in the stock this year. Due to this, we can see further growth in the stock price. So, if you are an active investor, then 2023 can be a suitable year for you to invest. According to our forecast, this stock can go up to ₹ 3,540. You can keep the first target at ₹ 3,470 and the second target at ₹ 3,540. 

YearFirst TargetSecond Target
2023₹ 3,470₹ 3,540

Asian Paints Share Price Target for 2024

As per our forecast method, the stock of the company will also see growth and will be able to give good returns to its investors. Your first target this year can be ₹ 3,930, and your second target is ₹ 4,010. 

However, one must stay careful and vigilant enough to keep a constant eye on the rising market trends. You can make more money if you apply sufficient caution than you might have by investing in these stocks.

YearFirst TargetSecond Target
2024₹ 3,930₹ 4,010

Asian Paints Share Price Target for 2025

According to stock market knowledge and sound judgment of stocks, we predict that 2025 will be a great year for all the investors who have invested their time and money in Asian Paints Limited. The stocks can reach a maximum high of ₹ 4,485. However, before responding to these recommendations for any stock, you must do your own research and analysis. Trading and investing involve a significant level of risk, so consult a financial expert before making any decisions.

YearFirst TargetSecond Target
2025₹ 4,400₹ 4,485

Asian Paints Share Price Target for 2026

The company has built its fast-growing business around a strong balance sheet, which provides a platform to raise additional resources to capitalize on unprecedented opportunities. Asian Paints Limited has accelerated capacity addition over the years without compromising the integrity of its balance sheet, which remains strong, profitable, and sustainable—a reliable platform on which to scale business. Asian Paints Limited’s share price is expected to go up to ₹ 4,950.

YearFirst TargetSecond Target
2026₹ 4,850₹ 4,950

Asian Paints Share Price Target for 2027

YearFirst TargetSecond Target
2027₹ 5,300₹ 5,430

Asian Paints Share Price Target for 2028

For this year the first target can be ₹ 5,750 and the second target can be ₹ 5,900. This prediction is only valid if there are positive market sentiments; any uncertainties in the company or global market conditions are not covered in this analysis.

First TargetSecond Target
2028₹ 5,750₹ 5,900

Asian Paints Share Price Target for 2029

YearFirst TargetSecond Target
2029₹ 6,250₹ 6,450

Asian Paints Share Price Target for 2030

As per our expert’s prediction for this year, the first target will be ₹ 6,800 and the second target will be ₹ 7,200. However, you may do your own research and analysis before investing.

YearFirst TargetSecond Target
2030₹ 6,800₹ 7,200

Asian Paints Share Price Target for 2040

The company’s strategic priorities, governance agenda, and holistic approach to business are aligned to make this a reality that will take the company to new heights in the years to come. If we look at the stock prediction of the company till 2040, then it can go up to ₹ 16,000.
However, one must be careful and vigilant to keep a constant eye on the growing trends of the market. If you are careful enough, you can earn more than what you invest in these stocks.

YearFirst TargetSecond Target
2040₹ 14,000₹ 16,000

Recommendations: Invest in Asian Paints Limited stock or sell it?

Our forecasted stock analyst implies that there will be a positive trend in the future and that Asian Paints shares might be good for investing to make money. If you are good with personal finance and are looking to invest, you can invest in this stock.

FAQs

Our forecasted stock analyst believes that Asian Paints stock will have a positive trend in the future, as you can see in the stock prediction. Because of this, this stock can be a better investment option. If you are good at personal finance and want to invest, then you can invest in this stock.

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