Asian Paints
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About Asian Paints
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The company has come a long way since its small beginning in 1942. Four friends who were willing to take on the world's biggest, most famous paint companies operating in India at that time set it up as a partnership firm. 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. 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. 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. Asian Paints manufactures wide range of paints for Decorative and Industrial use. In Decorative paints, Asian Paints is present in all the four segments v.i.z Interior Wall Finishes, Exterior Wall Finishes, Enamels and Wood Finishes. It also offers Water proofing, wall coverings and adhesives in its product portfolio. In the Industrial coatings space, Asian Paints operates through two 50:50 joint ventures with PPG Inc, USA., one of the largest automotive coatings manufacturer in the world. The first Joint Venture ‘PPG Asian Paints Pvt Ltd’ services the increasing requirements of the Indian automotive coatings market. The second JV ‘Asian Paints PPG Pvt Ltd’ services the protective, industrial powder, industrial containers and light industrial coatings markets in India. Vertical integration has seen Asian Paints diversify into chemical products such as Phthalic Anhydride and Pentaerythritol, which are used in the paint manufacturing process. The company has discontinued production of Phthalic Anhydride from end of July 2017. In the Home Improvement and Décor category, the company is present in the Kitchen and Bath fittings space and offers various products under Sleek and Ess Ess brand respectively.
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Change Company | Change Company | Change Company | ||
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Overall Rating | 4.0/5 based on 7.3k reviews | 3.7/5 based on 3.1k reviews | 4.1/5 based on 1.3k reviews | 3.8/5 based on 2k reviews |
Highly Rated for | Salary Skill development Job security | No highly rated category | Salary Company culture Work-life balance | Job security |
Critically Rated for | No critically rated category | Promotions Work-life balance Company culture | No critically rated category | Promotions |
Primary Work Policy | Work from office 69% employees reported | Work from office 67% employees reported | Hybrid 56% employees reported | Work from office 72% employees reported |
Rating by Women Employees | 4.0 Good rated by 403 women | 3.4 Average rated by 45 women | 3.9 Good rated by 115 women | 2.9 Poor rated by 44 women |
Rating by Men Employees | 4.0 Good rated by 6.6k men | 3.7 Good rated by 2.9k men | 4.2 Good rated by 1.1k men | 3.9 Good rated by 1.9k men |
Job security | 3.8 Good | 3.7 Good | 3.8 Good | 3.8 Good |
Asian Paints Salaries
Direct Sales Representative
Teritory Sales Officer
Territory Sales Executive
ECA
Sales Executive
Sales Officer
Executive Production
Senior Sales Executive
Production Officer
Project Sales Officer
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Asian Paints News
Berger Paints Q3 Results Review — Dolat Capital Upgrades The Stock To 'Buy', Sees 20% Upside
- Berger Paints' Q3 revenue grew by 3.2% YoY to Rs 29.8 billion on a consolidated basis.
- Despite muted consumer sentiments, Berger Paints' standalone volume grew by 7.4% and revenue grew by 0.4%.
- On a four-year CAGR basis, Berger Paints recorded a revenue/volume growth of 16.7%/15.6% outperforming Asian Paints, Kansai Nerolac, and Indigo Paints.
- Dolat Capital has upgraded the stock of Berger Paints to 'Buy' and sees a 20% upside.
![Berger Paints Q3 Results Review — Dolat Capital Upgrades The Stock To 'Buy', Sees 20% Upside](https://media.assettype.com/bloombergquint%2F2023-07%2Ff881233a-3d6a-4efc-bccb-566239e18d09%2FBerger_Paints_containers___Source__BQ_Prime_.png?w=1200&auto=format%2Ccompress&ogImage=true)
Binding bids for AkzoIndia in 3-4 months, sources say; CMD says sale process to be concluded in about 9 months
- Binding bids for AkzoIndia are expected to be placed in another three-to-four months.
- The sale process of AkzoNobel India's decorative and industrial coatings business may be concluded in 6-9 months.
- The top two paint companies in India, Asian Paints and Berger, occupy nearly 75% of the market.
- The valuation process for the powder coatings business is expected to be completed by the end of February.
![Binding bids for AkzoIndia in 3-4 months, sources say; CMD says sale process to be concluded in about 9 months](https://bl-i.thgim.com/public/news/thayyx/article69203794.ece/alternates/LANDSCAPE_1200/rajiv.jpg)
Earnings Commentary Indicates Urban Consumption Losing Steam, Near Term Reversal Unlikely
- Management commentaries by fast-moving consumer goods companies indicate that headwinds to growth will continue in the near term. Urban consumption has shown signs of a slowdown amid tightening credit, rising costs, and stagnant wage growth.
- Numbers for the October-December 2024 quarter indicate weak demand period, as mentioned by Amit Syngle, CEO of Asian Paints.
- While urban consumption is under stress, rural demand is expected to be better, along with a pickup in industrial demand.
- Delayed and contracted winters, along with a slowdown in consumption, have presented a challenging operating environment for companies like Dabur India.
![Earnings Commentary Indicates Urban Consumption Losing Steam, Near Term Reversal Unlikely](https://media.assettype.com/bloombergquint%2F2025-02-07%2F6qjn9e1q%2Fsmall-building-near-each-other-hill.jpg?rect=0%2C305%2C3008%2C1579&w=1200&auto=format%2Ccompress&ogImage=true)
Markets end lower as Asian Paints, consumer stocks drag; broader indices show resilience
- The BSE Sensex and NSE Nifty50 ended lower, dragged down by Asian Paints and consumer stocks.
- Consumer stocks, including Asian Paints, Titan, Nestlé India, Britannia, and Tata Consumer, experienced significant declines.
- Metal and energy stocks, such as Hindalco, ITC Hotels, ONGC, Apollo Hospitals, and BPCL, showed strength.
- Despite the weakness in benchmark indices, the broader market exhibited resilience, with the Nifty Midcap Select and Nifty Next 50 both recording gains.
![Markets end lower as Asian Paints, consumer stocks drag; broader indices show resilience](https://bl-i.thgim.com/public/incoming/nwu7g7/article69178503.ece/alternates/LANDSCAPE_1200/IMG_PO13_Fin_Busi_2_1_49DEM3QH.jpg)
Asian Paints shares end 3% lower as Q3 results disappoint brokerages
- Asian Paints shares declined 3.36% on the BSE and 3.40% on the NSE.
- Q3 performance fell below consensus estimates due to downtrading, muted demand, and adverse product mix.
- Brokerages have cut target prices and varied in their outlook on the stock.
- Nuvama Institutional Equities maintains a buy rating, while Elara Capital has assigned a sell rating.
Six Trending Stocks At Noon: Asian Paints, Swiggy, Apollo Micro Systems, And More
- Asian Paints saw its share price fall nearly 5% after disappointing Q3 results.
- Apollo Micro Systems' share price surged over 7% on the back of increased net profit for Q3.
- Shares of Swiggy tumbled 4.5% ahead of its Q3 results.
- Tata Power shares rose 3.13% as leading brokerages expressed bullish outlooks on the company.
![Six Trending Stocks At Noon: Asian Paints, Swiggy, Apollo Micro Systems, And More](https://media.assettype.com/bloombergquint%2F2023-03%2Ff4dfdefd-4654-4a6d-a87e-cd3fbcf87015%2Fbusinessman_checking_stock_market_online.jpg?rect=0%2C0%2C4072%2C2138&w=1200&auto=format%2Ccompress&ogImage=true)
Asian Paints Q3 Results Review: Motilal Oswal Reiterates 'Neutral' Stance On The Stock — Here's Why
- Despite a correction in the stock, demand and competitive pressures still hover around earnings, says Motilal Oswal.
- Asian Paints remains focused on new launches across price segments and packaging revamps to remain competitive against both organized and unorganized players.
![Asian Paints Q3 Results Review: Motilal Oswal Reiterates 'Neutral' Stance On The Stock — Here's Why](https://media.assettype.com/bloombergquint%2F2023-12%2F04e0cba6-0e12-499a-b3bc-78e30d8c52bc%2FAsian_Paints_container_sit_outside_a_hardware_store_in_Mumbai___Photo_Vijay_Sartape_Source_BQ_Prime_.jpeg?rect=0%2C0%2C1600%2C840&w=1200&auto=format%2Ccompress&ogImage=true)
Asian Paints' Earnings Estimates Cut By Citi After Q3 Disappointment
- Citi Research cuts Asian Paints' earnings estimates after disappointing Q3 results
- Asian Paints delivered net profit and topline below estimates due to weak festive demand
- Citi Research highlights concerns regarding the near-term growth outlook
- Asian Paints' margins under pressure due to rising competition and weak urban demand
![Asian Paints' Earnings Estimates Cut By Citi After Q3 Disappointment](https://media.assettype.com/bloombergquint%2F2022-07%2Fb98aae3b-02ed-4777-bf5d-cb8137e7521d%2FAsian_Paints_container_sit_outside_a_hardware_store_in_Mumbai___Photo_Vijay_Sartape_Source_BQ_Prime_.jpeg?rect=0%2C59%2C1600%2C840&w=1200&auto=format%2Ccompress&ogImage=true)
Asian Paints net down 23% on weak demand
- Asian Paints reports a 23% decline in net profit due to weak demand.
- Revenue decreases by 6% to ₹8,522 crore (₹9,075 crore).
- Domestic decorative business faces an 8% decline in revenue due to discounts offered to boost sales.
- Asian Paints remains cautiously optimistic for a recovery in demand and continues to invest in brand and innovation.
![Asian Paints net down 23% on weak demand](https://bl-i.thgim.com/public/incoming/eu7jgi/article69003655.ece/alternates/LANDSCAPE_1200/IMG_BL26_asian_paints_2_1_TF97MR2T.jpg)
Asian Paints net down 23% on weak demand
- Asian Paints reported a 23% decline in net profit due to weak demand.
- Revenue decreased by 6% to ₹8,522 crore (₹9,075 crore).
- The domestic decorative business registered a 2% volume growth but an 8% decline in revenue.
- The company remains cautiously optimistic about a recovery in demand while investing in brand and innovation.
![Asian Paints net down 23% on weak demand](https://bl-i.thgim.com/public/incoming/eu7jgi/article69003655.ece/alternates/LANDSCAPE_1200/IMG_BL26_asian_paints_2_1_TF97MR2T.jpg)
Asian Paints Subsidiaries
Sleek International
The White Teak Company
Weatherseal
Asian Paints Berger
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