Asian Paints Limited (ASIANPAINT.BO) stock analysis

In our weekly check, Asian Paints Limited is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 21 pass, warnings: 2, red flags: 2.

About Asian Paints Limited

Asian Paints Limited is a Basic Materials company (Chemicals - Specialty) based in India, listed on BSE as ASIANPAINT.BO.

What our checks show for ASIANPAINT.BO

Red flags

• Thinly traded (about 63 thousand shares a day): buying and selling can move the price.
• Return on capital (ROCE) is zero or negative: the business does not earn on the money put into it.

Warning signs

• Revenue grew only 2.5% a year over the last 3 years.
• The stock has fallen as much as 45% from a peak. Would you have held through that?

Strengths

• Debt is low: 0x equity.
• Operating profit covers interest 30.2 times over.
• The net margin rose by 2.4 points over 5 years, to 12.8%.
• The gross margin is 41.2% and has risen by 4.8 points: pricing power is holding.
• Operating cash flow is 1.49x net profit: the profit arrives as real cash.
• Analysts expect earnings per share to grow about 12.2% a year over the next years.

Next earnings report: 2026-10-29

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Questions

What grade does Asian Paints Limited (ASIANPAINT.BO) have?

In our weekly check, Asian Paints Limited is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 21 pass, warnings: 2, red flags: 2. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of ASIANPAINT.BO stock?

This week's biggest flags for Asian Paints Limited: Thinly traded, Low return on capital, Weak revenue growth. In total 4 of 25 checks show a warning or a red flag.

What does Asian Paints Limited do?

Asian Paints Limited is a Basic Materials company (Chemicals - Specialty) based in India, listed on BSE as ASIANPAINT.BO.

When does Asian Paints Limited report earnings next?

The next earnings report is expected on 2026-10-29. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

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