The stock price of Asian Paints Target price 2024 has increased 132% on the NSE over the past 5 years. The company’s earnings report for the 4th quarter of 2022 showed that its earnings per share (EPS) increased by 33% year-on-year (YoY) to Rs. 362, while its net profit rose by 35% to Rs. 41.06 billion.
The company’s sales volume increased by 7.45% to 3.166 bath fittings, according to the company’s website.
The company’s stock price target for the year 2024 is as follows:
Month (2024)Maximum Target Minimum Target
January Rs 3,359.11Rs 2,920.57
February Rs 3,427.66Rs 2,980.58
March Rs 3,497.62Rs 3,041.40
April Rs 3,395.74Rs 2,952.82
May Rs 3,345.56Rs 2,909.18
June Rs 3,466.00Rs 3,013.91
July Rs 3,431.34Rs 2,983.77
August Rs 3,568.59Rs 3,103.13
September Rs 3,711.34Rs 3,227.25
October Rs 3,638.57Rs 3,163.97
November Rs 3,747.72Rs 3,258.89
December Rs 3,841.42Rs 3,340.36
Asian Paints Share Price Target (2025)
Month (2025)Maximum Target Minimum Target
January Rs 3,918.24Rs 3,014.03
February Rs 4,018.72Rs 3,091.32
March Rs 4,175.44Rs 3,211.88
April Rs 4,093.57Rs 3,148.90
May Rs 3,974.34Rs 3,057.19
June Rs 4,153.19Rs 3,194.76
July Rs 4,071.75Rs 3,132.12
August Rs 4,197.68Rs 3,228.99
September Rs 4,344.60Rs 3,342.00
October Rs 4,457.56Rs 3,428.89
November Rs 4,569.00Rs 3,514.61
December Rs 4,683.22Rs 3,602.48
Asian Paints Share Price Target (2026 to 2030)
Year Maximum Target Minimum Target
2026Rs 4917.38Rs 3442.17
2027Rs 5409.12Rs 3786.39
2028Rs 7572.77Rs 3786.39
2029Rs 6656.51Rs 3278.26
2030Rs 8523.47Rs 5966.43ASIANPAINT Financials 2023
Revenue344.28 Billion INR 18.79% YOY
Operating expense76.49 Billion INR 16.59%
Net Income41.06 Billion INR 35.50%
Net Profit Margin11.93 14.05%
Earnings Per Share43.20 33.00%
EBITDA60.18 Billion INR 32.60%
Effective Tax Rate26.25%
Total Assets257.98 Billion INR 12.24%
Total Liabilities93.52 Billion INR 6.45%
Total Equity164.46 Billion INR
Return on assets13.99%
Return on Capital19.98%
P/E Ratio62.21
According to the company’s latest annual financial report, Asian Paint’s share price target 2024 is Rs 4,00/share. The company’s return on equity (ROE) on the National Stock Exchange (NSE) has increased by 26% in the last five years. The company’s sales have increased by 79% and its net profit by 89% in the same period. Asian Paints target price 2024 in India The largest paint and home decor company in India, opened its first multichannel premium home decor showroom “Beautiful Homes” in January 2024. The company’s stock price on Wednesday rose by Rs.60/share, Rs.55/share, and Rs.3382.55/share on the NSE over the past couple of months.
The Asian paints target price in 2024 in India has gone up to Rs.4,000/share after the company announced to spend 385 crores on its Maharashtra Plant to raise its production capacity from 3 lakh LK per year to 4 lakh LK. Investors seem to have lost confidence in Asian Paints.