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About Asian Paints Ltd
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Asian Paints Limited is India’s largest paint and décor company. Established by four friends, it has grown into a global player with operations in over 15 countries and 27 manufacturing facilities, serving consumers in more than 60 nations. The company manufactures decorative paints, industrial coatings, and finishing products, while also expanding into home décor solutions such as modular kitchens, bath fittings, lighting, and furnishings. Known for innovation and customer focus, Asian Paints has been the market leader in India since 1967, consistently driving growth and enhancing living spaces worldwide.
Introduction & Incorporation of Asian Paints
Asian Paints Limited was founded in 1942 by four friends in Mumbai, starting as a partnership firm before being incorporated as a Public Limited Company in 1945. Headquartered in Mumbai, Maharashtra, it is the world’s 9th largest and India’s largest paint and décor company. In the 1980s, Asian Paints expanded distribution, diversified product offerings, and began in-house manufacturing of key paint ingredients, ensuring better cost control, improved quality, and accelerated growth across markets.
Asian Paints Business Segments and Revenue Model
- Core Business & Revenue: Asian Paints’ main revenue comes from the dominant Decorative Coatings segment (interior, exterior, and wood paints). The revenue model is strengthened by the expansion into Home Décor, including modular kitchens, bath fittings, and other enhancement accessories.
- Operational Footprint: The company operates globally across 15 countries with state-of-the-art manufacturing facilities. It drives innovation through substantial investment in R&D, focusing on high-quality and eco-friendly product solutions.
Asian Paints Key Milestones
- 1942: Founded in Mumbai by four friends during World War II.
- 1945: Incorporated as Asian Oil & Paint Company Pvt. Ltd.
- 1967: Became India’s largest paint manufacturer.
- 1990: Established first overseas subsidiary in Fiji.
- 1999: Acquired Sri Lanka’s Delmege Forsyth Paints.
- 2002: Acquired Berger International.
- 2014: Asian Paints Ltd Enters into binding agreement with Ess Ess.
- 2024: Operates in 15 countries with 26 manufacturing facilities, serving over 60 nations.
Asian Paints Awards & Recognitions
- Ranked 2nd Best Company to Work for in Manufacturing sector (2022).
- Won Golden Peacock Award for Corporate Governance three years in a row (2022).
- Recognised among Top 30 Most Sustainable Companies in India (2021–22) by Business world magazine.
- Secured the 9th position in Coatings World’s 2021, ranking among the leading global paint manufacturers.
- Rated as the 5th Most Valuable Brand in India - Sept 2020
Data as of January 2026
Asian Paints share price as on 18 Jan 2026 is Rs. 2756.9. Over the past 6 months, the Asian Paints share price has increased by 14.79% and in the last one year, it has increased by 23.08%. The 52-week low for Asian Paints share price was Rs. 2124.75 and 52-week high was Rs. 2985.7.
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Asian Paints Ltd FAQs
You can buy Asian Paints Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Asian Paints Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Jan 16, 2026 03:59 PM the closing price of Asian Paints Ltd was Rs.2,756.90.
The latest PE ratio of Asian Paints Ltd as of Jan 16, 2026 03:59 PM is 66.70
The latest PB ratio of Asian Paints Ltd as of Jan 16, 2026 03:59 PM is 13.51
The 52-week high of Asian Paints Ltd share price is Rs. 2,985.70 while the 52-week low is Rs. 2,124.75
According to analyst recommendations, Asian Paints Ltd Share has a "Buy" rating for the long term.
Market capitalization or market cap is determined by multiplying the current market price of a companys shares with the total number of shares outstanding. As of Jan 16, 2026 03:59 PM, the market cap of Asian Paints Ltd stood at Rs. 264,441.30 Cr.
Market Outlook
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