ASIANPAINT
ASIAN PAINTS LIMITED
Each stock's 10,000-path forecast, rendered as light.
ASIAN PAINTS LIMITED (ASIANPAINT) Stock Analysis & Case Study
Is ASIANPAINT a good buy? The data-driven verdict.
ASIAN PAINTS LIMITED (ASIANPAINT) trades at ₹2,735,on the numbers it worth a closer look, a Downstox Snapshot Score of 63/100.
On the numbers, ASIAN PAINTS LIMITED (ASIANPAINT) worth a closer look, a Downstox Snapshot Score of 63/100, weighing expensive at 53.8× earnings, ROE of 21.8%, a 67% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
ASIANPAINT fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How ASIANPAINT ranks against the 2,373 companies in our screener
- ASIANPAINT's market cap of 2.62L Cr ranks in the top 1% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ASIANPAINT's book value of ₹223 ranks in the 74th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ASIANPAINT's promoter holding of 52.6% ranks in the 37th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ASIANPAINT's 3-year profit (PAT) growth of 2.0% ranks in the 31st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ASIANPAINT's 3-year revenue growth of 1.0% ranks in the 24th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ASIANPAINT's debt-to-equity ratio of 0.18x is lower than 65% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
Is ASIANPAINT overvalued? ASIANPAINT P/E vs its Consumer
ASIANPAINT's P/E of 53.8× sits above the Consumer peer median of 53.8×, so on earnings it screens in line with peers, while its 1.01% dividend yield is above the peer median of 0.75%.
ASIANPAINT share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of ASIANPAINT history (9%/yr drift, 22%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| ASIANPAINT 2027 | ₹2,264 | ₹3,013 | ₹4,011 | +10% |
| ASIANPAINT 2028 | ₹2,237 | ₹3,320 | ₹4,927 | +21% |
| ASIANPAINT 2029 | ₹2,224 | ₹3,658 | ₹6,016 | +34% |
| ASIANPAINT 2030 | ₹2,275 | ₹4,030 | ₹7,140 | +47% |
| ASIANPAINT 2031 | ₹2,324 | ₹4,440 | ₹8,485 | +62% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability ASIANPAINT goes up, or doubles?
The bull case for ASIANPAINT
- ASIANPAINT's return on equity of 21.8% ranks in the 87th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ASIANPAINT's return on capital employed of 26.3% ranks in the 89th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- A 10,000-path probability model puts a 67% chance the price is higher in a year, with a median target of ₹3,013 (+10%).
- Relatively low volatility (22%/yr), a steadier ride than the typical mid/small-cap.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹6,016.
The bear case & risks
- ASIANPAINT's P/E of 53.8x is lower than 24% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- A steep 12.3× price-to-book means most of the value is intangible/expectations, not assets on the books.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹2,224.
ASIANPAINT volatility & expected range, how bumpy is the ride?
Over the last 9.8 years ASIANPAINT compounded at 9%/year with annualized volatility of 22%. That volatility implies a 1-year 80% range of ₹2,264-₹4,011, the honest backbone behind any single price target.
ASIANPAINT price forecast, the full 60-month probability fan
ASIANPAINT price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds ASIANPAINT hits common targets within the simulated horizon?
Full multi-horizon detail on the ASIANPAINT price target & forecast page.
ASIANPAINT Piotroski F-Score: 6/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. ASIANPAINT scores 6/8, mixed financial health.
ASIANPAINT MTF margin & leverage across 10 brokers
Margin Trading Facility lets you buy ASIANPAINT with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 23.07% | 4.3× |
| Zerodha | 22.70% | 4.4× |
| Groww | 22.67% | 4.4× |
| Dhan | 22.00% | 4.5× |
| Kotak NeoCHEAPEST | 20.00% | 5.0× |
| Paytm Money | 20.31% | 4.9× |
| Pocketful | 26.73% | 3.7× |
| Anand Rathi | 26.56% | 3.8× |
| Bajaj Broking | 23.00% | 4.3× |
| Share India | 26.63% | 3.8× |
Compare every broker on the ASIANPAINT MTF page.
ASIANPAINT vs peers,Consumer comparison
| Stock | P/E | Div yield | Market cap |
|---|---|---|---|
| ASIANPAINT (this stock) | 53.8× | 1.01% | ₹2.62L Cr |
| TITAN | 75.2× | 0.30% | ₹4.39L Cr |
| HAVELLS | 48.5× | 0.78% | ₹80,830 Cr |
| PAGEIND | 56.3× | 1.38% | ₹44,504 Cr |
| BERGEPAINT | 50.4× | 0.75% | ₹61,862 Cr |
| KALYANKJIL | 42.8× | 0.25% | ₹62,616 Cr |
| BLUESTARCO | 58.8× | 0.56% | ₹31,130 Cr |
Fundamentals from Screener.in, as of 9 Aug 2026
About ASIAN PAINTS LIMITED: sector, index & market-cap context
ASIAN PAINTS LIMITED (ASIANPAINT) is a large-cap NSE-listed company in the Consumer sector, and a constituent of the Nifty 50 index, with a market capitalisation of ₹2.62L Cr. See more stocks on our screener.
How the ASIANPAINT Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of ASIAN PAINTS LIMITED's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
ASIANPAINT analysis, FAQs
Is ASIAN PAINTS LIMITED (ASIANPAINT) a good buy?
On the numbers, ASIAN PAINTS LIMITED (ASIANPAINT) worth a closer look, a Downstox Snapshot Score of 63/100, weighing expensive at 53.8× earnings, ROE of 21.8%, a 67% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is ASIANPAINT overvalued or undervalued?
ASIANPAINT trades at 53.8× earnings versus a peer median of 53.8×, so it screens richer than its Consumer peers.
What is the ASIANPAINT share price target for 2031?
ASIANPAINT's probability-weighted 2031 median target is ₹4,440, with an 80% range of ₹2,324-₹8,485 (10,000-path Monte-Carlo).
What is the probability ASIANPAINT doubles in 5 years?
The modelled probability of ASIANPAINT reaching ₹5,470 (2×) within 5 years is 34%.
What is the bull case for ASIANPAINT?
ASIANPAINT's return on equity of 21.8% ranks in the 87th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. ASIANPAINT's return on capital employed of 26.3% ranks in the 89th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. A 10,000-path probability model puts a 67% chance the price is higher in a year, with a median target of ₹3,013 (+10%).
What are the risks in ASIANPAINT?
ASIANPAINT's P/E of 53.8x is lower than 24% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. A steep 12.3× price-to-book means most of the value is intangible/expectations, not assets on the books.