Asian Paints Ltd | The Ultimate Guide on the Company

Do you know: “Asian Paints ltd is the No.1 paint company in India and 3 times bigger than the nearest competitor”?

In this Ultimate Guide on Asian Paints Ltd,you will learn about

  • History
  • Chairman & CEO
  • Business Division
  • Financial Performance of the company

Asian Paints Ltd History

All Great Things Start Small

Asian Paints Ltd History

Asian Paints Ltd has come a long way since its small beginnings in 1942. It was set up as a partnership firm by four friends who were willing to take on the world’s biggest, most famous paint companies operating in India at that time. Over the course of 25 years, Asian Paints became a corporate force, and India’s leading paints company. Driven by its strong consumer-focus and innovative spirit, the company has been the market leader in paints since 1967. Today, it is double the size of any other paint company in India. Asian Paints manufactures a wide range of paints for decorative and industrial use.

Asian Paints Logo

Asian Paints Ltd Logo

Company Profile

IndustryChemical
Founded1 February 1942; 78 years ago
FounderChampaklal Choksey, Chimanlal Choksi, Suryakant Dani and Arvind Vaki
ChairmanAshwin Dani
CEOAmit Single

Asian Paints is India’s leading paint company with a group turnover of Rs 202.1 billion. The group has an enviable reputation in the corporate world for professionalism, fast track growth, and building shareholder equity.

  • The company has 50+ Years of leadership in India
  • It is a No.1 Paint company in India
  • 3rd Largest paint company in Asia
  • 9th Largest paint company in the World

Asian Paints operates in 15 countries and has 26 paint manufacturing facilities in the world servicing consumers in over 60 countries.

Besides Asian Paints, the group operates around the world through its subsidiaries  Asian Paints Berger, Apco Coatings, SCIB Paints, Taubmans, Causeway Paints, and Kadisco Asian Paints.

Chairman

Chairman of Asian Paints Ltd

Ashwin Dani has worked and developed expertise across all functions within the Company including Research & Technology, Sales & Marketing, Strategy, Supply Chain Management and Business Management besides being one of the best paint technocrats in the country.

CEO

CEO

He has been working with Asian Paints for the last 30 years in various capacities across Sales, Marketing, Supply Chain & Research and Technology.

Business Division

The company operate mainly in four Business Division

  • Decorative Coatings
  • International Operation
  • Industrial Coatings
  • Home Improvement Business

REVENUE BREAK-UP BY BUSINESS SEGMENTS

Asian Paints Ltd revenue break-up(%)

1. Decorative Coatings

Decorative Coatings of asian paints ltd

The company has eight decorative paint manufacturing plants across the country, supporting an extensive distribution platform. Company’s products cater to varied price points and requirements, consisting primarily of four segments – interior walls, exterior walls, wood finishes, and metal finishes. It also introduced new categories such as waterproofing, wall coverings, painting tools, and implements, alongside adhesives and sanitizers.

20+
New products
launched every year

2.International Operation

International Operation

The company operates in four regions across Asia, the Middle East, South Pacific, and Africa through the seven corporate brands viz. Asian Paints, Apco Coatings, Asian Paints Berger, Causeway Paints, SCIB Paints, Taubmans, and Kadisco Asian Paints. Its presence in the Middle East and South Asia is significant, and we are expanding with a key focus on Africa and Indonesia.

The company is amongst
the top 3 players in
decorative paints in
12 of the 14 countries
outside India

3.Industrial Coatings

Asian Paint caters to the Indian industrial coatings market through two strategic joint ventures with PPG Inc. of the USA, a global leader in coatings, offering the entire spectrum of industrial coatings products such as automotive coatings, refinishes, protective coatings, floor coatings, and powder coatings, among others.

Industrial Coatings

The company is the market leader in the auto refinish segment and the second-largest player in the automotive OEM segment. Its industrial coatings manufacturing capacity is being steadily enhanced to address the growing OEM demand.

4.Home Improvement Business

Kitchens and Wardrobes

Kitchens and Wardrobes

Bath Fittings and Sanitaryware

Bath Fittings and Sanitaryware

Brand Portfolio

Interior Paint

Royale Aspira, Royale Health Shield, Royale Shyne, Royale Luxury Emulsion, Royale Play Metallics, Royale Play Safari, Apcolite Advanced Shyne, Apcolite Advanced Emulsion, Tractor Emulsion Shyne, Tractor Emulsion, Tractor Sparc, Tractor Acrylic Distemper

Exterior Paints

Apex Ultima Allura Venezio, Apex Ultima Allura Torino, Apex Ultima Protek Duralife (Basecoat & TopCoat), Apex Ultima Protek Lamino, Apex Ultima Protek (Basecoat & TopCoat), Apex Ultima, Apex Createx Roller Finish, Apex Shyne, Apex, Ace Shyne, Ace, Ace Sparc

Metal Finishes (Enamels)

Apcolite Rust Shield, Apcolite Satin Enamel, Apcolite Premium Gloss Enamel, Tractor Enamel

Wood Finishes Range

Woodtech Polyester Gold, Emporio PU, Woodtech Insignia, Woodtech PU Palette, Woodtech Aquadur PU, Woodtech PU, Woodtech Melamyne, Woodtech Touchwood, Woodtech GloMax

Financial Performance in Last 10 Years

SALES GROWTH : CAGR 11.81%

SALES GROWTH of asian paints ltd

PROFIT GROWTH : CAGR 13.83%

Profit Growth of asian paints ltd

ASIAN PAINT SHARE PRICE HISTORY

DatePrice  
01-09-200222.781,00,000
01-10-200221.90-4%96,111
01-11-200221.73-1%95,378
01-12-200221.680%95,172
01-01-200321.730%95,378
01-02-200321.18-3%92,951
01-03-200322.004%96,563
01-04-200322.080%96,914
01-05-200325.1814%1,10,508
01-06-200325.311%1,11,092
01-07-200326.575%1,16,609
01-08-200330.7516%1,34,969
01-09-200330.36-1%1,33,257
01-10-200327.44-10%1,20,441
01-11-200330.9613%1,35,869
01-12-200333.488%1,46,952
01-01-200432.25-4%1,41,553
01-02-200430.12-7%1,32,182
01-03-200430.150%1,32,336
01-04-200430.842%1,35,364
01-05-200429.50-4%1,29,504
01-06-200431.356%1,37,603
01-07-200431.932%1,40,170
01-08-200431.68-1%1,39,051
01-09-200432.362%1,42,014
01-10-200429.54-9%1,29,636
01-11-200430.062%1,31,940
01-12-200432.016%1,40,478
01-01-200535.9912%1,57,947
01-02-200535.54-1%1,56,015
01-03-200539.2010%1,72,036
01-04-200537.21-5%1,63,302
01-05-200538.423%1,68,613
01-06-200541.107%1,80,398
01-07-200545.5611%1,99,952
01-08-200548.466%2,12,702
01-09-200550.474%2,21,525
01-10-200548.40-4%2,12,417
01-11-200552.539%2,30,545
01-12-200557.8810%2,54,027
01-01-200661.446%2,69,653
01-02-200666.969%2,93,881
01-03-200664.61-4%2,83,567
01-04-200664.390%2,82,601
01-05-200657.06-11%2,50,450
01-06-200659.214%2,59,865
01-07-200661.033%2,67,853
01-08-200663.594%2,79,112
01-09-200667.616%2,96,756
01-10-200666.88-1%2,93,530
01-11-200671.317%3,12,975
01-12-200673.653%3,23,267
01-01-200780.259%3,52,236
01-02-200773.71-8%3,23,509
01-03-200771.65-3%3,14,489
01-04-200780.7213%3,54,321
01-05-200783.013%3,64,373
01-06-200781.01-2%3,55,594
01-07-200788.599%3,88,843
01-08-200794.306%4,13,905
01-09-200798.835%4,33,810
01-10-2007103.234%4,53,101
01-11-200799.00-4%4,34,535
01-12-2007109.9611%4,82,619
01-01-2008124.6113%5,46,965
01-02-2008111.50-11%4,89,400
01-03-2008119.998%5,26,665
01-04-2008128.037%5,61,954
01-05-2008128.590%5,64,412
01-06-2008114.93-11%5,04,433
01-07-2008120.455%5,28,662
01-08-2008122.932%5,39,547
01-09-2008118.71-3%5,21,068
01-10-200895.49-20%4,19,106
01-11-200888.96-7%3,90,445
01-12-200889.501%3,92,815
01-01-200978.88-12%3,46,201
01-02-200978.640%3,45,170
01-03-200978.640%3,45,148
01-04-200989.1813%3,91,432
01-05-2009108.0021%4,74,038
01-06-2009118.7810%5,21,354
01-07-2009141.1419%6,19,497
01-08-2009140.03-1%6,14,625
01-09-2009140.570%6,17,017
01-10-2009164.2317%7,20,823
01-11-2009167.972%7,37,260
01-12-2009179.727%7,88,834
01-01-2010185.223%8,12,975
01-02-2010180.99-2%7,94,430
01-03-2010203.8813%8,94,900
01-04-2010205.931%9,03,876
01-05-2010208.611%9,15,639
01-06-2010230.1810%10,10,315
01-07-2010260.3313%11,42,672
01-08-2010276.276%12,12,593
01-09-2010266.32-4%11,68,942
01-10-2010268.771%11,79,717
01-11-2010264.89-1%11,62,665
01-12-2010287.879%12,63,530
01-01-2011260.01-10%11,41,224
01-02-2011240.07-8%10,53,724
01-03-2011252.585%11,08,634
01-04-2011277.4610%12,17,838
01-05-2011313.3413%13,75,324
01-06-2011318.512%13,98,016
01-07-2011313.40-2%13,75,587
01-08-2011328.615%14,42,325
01-09-2011310.14-6%13,61,278
01-10-2011315.952%13,86,801
01-11-2011287.93-9%12,63,815
01-12-2011259.23-10%11,37,844
01-01-2012299.5316%13,14,708
01-02-2012317.056%13,91,630
01-03-2012324.202%14,22,991
01-04-2012352.689%15,47,996
01-05-2012402.1514%17,65,154
01-06-2012388.86-3%17,06,777
01-07-2012364.23-6%15,98,692
01-08-2012364.070%15,97,990
01-09-2012393.488%17,27,077
01-10-2012387.12-2%16,99,162
01-11-2012433.0412%19,00,693
01-12-2012443.262%19,45,551
01-01-2013450.112%19,75,662
01-02-2013427.22-5%18,75,170
01-03-2013491.7315%21,58,298
01-04-2013455.46-7%19,99,144
01-05-2013485.367%21,30,338
01-06-2013463.65-4%20,35,070
01-07-2013511.8210%22,46,500
01-08-2013420.95-18%18,47,650
01-09-2013459.259%20,15,757
01-10-2013539.4517%23,67,774
01-11-2013503.65-7%22,10,639
01-12-2013490.00-3%21,50,726
01-01-2014471.70-4%20,70,403
01-02-2014473.000%20,76,109
01-03-2014547.9516%24,05,083
01-04-2014505.15-8%22,17,223
01-05-2014507.600%22,27,977
01-06-2014528.104%23,17,956
01-07-2014603.3514%26,48,246
01-08-2014624.203%27,39,762
01-09-2014629.551%27,63,244
01-10-2014657.004%28,83,729
01-11-2014744.7013%32,68,665
01-12-2014752.301%33,02,023
01-01-2015857.7514%37,64,868
01-02-2015807.15-6%35,42,773
01-03-2015811.301%35,60,988
01-04-2015762.45-6%33,46,574
01-05-2015787.053%34,54,549
01-06-2015755.35-4%33,15,410
01-07-2015882.8017%38,74,819
01-08-2015851.90-4%37,39,191
01-09-2015841.60-1%36,93,982
01-10-2015874.154%38,36,852
01-11-2015838.50-4%36,80,376
01-12-2015883.555%38,78,111
01-01-2016869.90-2%38,18,198
01-02-2016846.10-3%37,13,734
01-03-2016868.403%38,11,614
01-04-2016866.250%38,02,177
01-05-2016984.8514%43,22,740
01-06-20161003.302%44,03,722
01-07-20161114.1511%48,90,269
01-08-20161157.904%50,82,298
01-09-20161160.700%50,94,588
01-10-20161069.90-8%46,96,045
01-11-2016969.90-9%42,57,121
01-12-2016891.05-8%39,11,030
01-01-2017970.709%42,60,633
01-02-20171024.206%44,95,457
01-03-20171073.505%47,11,846
01-04-20171120.454%49,17,921
01-05-20171151.203%50,52,890
01-06-20171102.95-4%48,41,109
01-07-20171161.705%50,98,977
01-08-20171168.551%51,29,044
01-09-20171131.70-3%49,67,300
01-10-20171180.854%51,83,031
01-11-20171146.75-3%50,33,358
01-12-20171158.501%50,84,932
01-01-20181128.30-3%49,52,377
01-02-20181117.75-1%49,06,070
01-03-20181120.400%49,17,702
01-04-20181201.707%52,74,546
01-05-20181304.659%57,26,419
01-06-20181264.45-3%55,49,971
01-07-20181451.4015%63,70,539
01-08-20181372.45-5%60,24,009
01-09-20181293.30-6%56,76,601
01-10-20181230.40-5%54,00,518
01-11-20181345.959%59,07,694
01-12-20181373.052%60,26,643
01-01-20191412.603%62,00,237
01-02-20191405.20-1%61,67,756
01-03-20191492.706%65,51,814
01-04-20191463.15-2%64,22,113
01-05-20191407.30-4%61,76,974
01-06-20191358.15-3%59,61,243
01-07-20191521.1012%66,76,469
01-08-20191616.206%70,93,885
01-09-20191762.159%77,34,495
01-10-20191809.603%79,42,764
01-11-20191706.15-6%74,88,697
01-12-20191784.955%78,34,569
01-01-20201795.651%78,81,534
01-02-20201797.950%78,91,629
01-03-20201666.50-7%73,14,664
01-04-20201758.706%77,19,352
01-05-20201683.10-4%73,87,525
01-06-20201687.450%74,06,618
01-07-20201715.502%75,29,737
01-08-20201874.909%82,29,381
21-08-20201958.004%85,94,127

DIVIDEND HISTORY

Ex-DateDividend AmountDividend TypeRecord Date
July 23, 20201.50FINAL
March 3, 20207.15INTERIMMarch 4, 2020
Oct. 30, 20193.35INTERIMOct. 31, 2019
June 13, 20197.65FINAL
Oct. 29, 20182.85INTERIMOct. 30, 2018
June 14, 20186.05FINAL
Oct. 31, 20172.65INTERIMNov. 1, 2017
June 15, 20172.00SPECIAL
June 15, 20175.65FINAL
Nov. 1, 20162.65INTERIMNov. 2, 2016
June 16, 20165.30FINAL
Oct. 28, 20152.20INTERIMOct. 29, 2015
June 24, 20154.30FINAL
Sept. 22, 20141.80INTERIMSept. 23, 2014
June 16, 20144.20FINAL
Oct. 24, 20131.10INTERIMOct. 26, 2013
June 6, 201336.50FINAL
Oct. 29, 20129.50INTERIMOct. 30, 2012
June 7, 201230.50FINAL
Oct. 25, 20119.50INTERIMOct. 28, 2011
June 9, 201123.50FINAL
Oct. 29, 20108.50INTERIMNov. 1, 2010
June 30, 201018.50FINAL
Oct. 26, 20098.50INTERIMOct. 27, 2009
June 17, 200911.00FINAL
Oct. 29, 20086.50INTERIMOct. 31, 2008
June 12, 200810.50FINAL
Oct. 25, 20076.50INTERIMOct. 26, 2007
June 13, 20071.00FINAL
March 20, 20076.50INTERIMMarch 21, 2007
Nov. 3, 20065.50INTERIMNov. 6, 2006
June 15, 20068.00FINAL
Oct. 31, 20054.50INTERIMNov. 2, 2005
June 22, 20055.50FINAL
Nov. 1, 20044.00INTERIMNov. 2, 2004
June 16, 20045.00FINAL
Nov. 7, 20033.50INTERIMNov. 10, 2003
July 9, 20036.50FINAL
Oct. 21, 20024.50INTERIMOct. 23, 2002
July 11, 20025.50FINAL
Oct. 19, 20010.00INTERIMNov. 5, 2001
Aug. 2, 20010.00FINAL
Oct. 16, 20000.00INTERIMOct. 31, 2000

BONUS SHARE ISSUE HISTORY

DATEBONUS RATIO
28-05-20031:2
30-05-20003:5
18-10-19951:1
06-05-19853:5

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