Consumer Durables · NSE: ASIANPAINT
Intrynsic's multi-model valuation estimates Asian Paints Limited's fair value at ₹1,548 per share (range ₹599–₹1,613) against a market price of ₹2,307 (close of 23 Oct 2026): the estimate is 33% below the price. Estimate updated 23 October 2026. This is an estimated fair value based on stated assumptions, not investment advice.
Market price
₹2,307
close of 23 Oct 2026
Est. fair value
₹1,548
₹599–₹1,613
Estimate vs price
-32.9%
estimate below price
Above fair-value est.
Asian Paints is India's dominant paint maker, selling decorative paints through one of the country's widest dealer networks. Housing activity and repainting cycles drive its volumes.
FY26
FY26
FY26
FY26
Over the last 3 years, revenue grew 1.0%/yr and profit grew 1.6%/yr. Over 9 years, revenue grew 10.0%/yr and profit 9.0%/yr.
Every ₹100 of shareholder money earned ₹20.6 in profit last year, vs a sector median of 8.7%.
It holds more cash than debt.
The market price is above our estimated fair-value range (based on stated assumptions).
About ₹65 of every ₹100 of reported profit turned into free cash (median, last 5 years); operating cash flow was positive in 5 of 5 years.
Intrynsic's multi-model valuation estimates Asian Paints Limited's fair value at ₹1,548 per share (range ₹599–₹1,613), last updated 23 October 2026. This is an estimate based on stated assumptions, not investment advice.
Asian Paints Limited trades at ₹2,307 against Intrynsic's estimated fair value of ₹1,548 - the market price is 33% above the estimate, i.e. above our estimated fair-value range. Different assumptions produce different estimates; see the model breakdown above.
Asian Paints Limited trades at about 51.2 times its latest annual earnings per share.
Asian Paints is India's dominant paint maker, selling decorative paints through one of the country's widest dealer networks. Housing activity and repainting cycles drive its volumes.
Intrynsic runs 3 valuation models for Asian Paints Limited (DCF, EV/EBITDA, P/E Multiple) and blends them into one estimated fair-value range. Every assumption - growth, discount rate, terminal value - is shown openly on this page.
Disclaimer: Intrynsic provides educational and informational analysis only. Fair-value figures are estimates based on stated assumptions- they are not investment advice, research recommendations, or an offer to transact in any security. The models rely on assumptions (discount rates, growth, multiples) that may prove wrong and on past financials, which do not guarantee future results; prices also move on macro factors the models don't capture. Intrynsic is not a SEBI-registered investment adviser or research analyst. Markets carry risk; please do your own research or consult a registered adviser before making investment decisions. Prices shown may be delayed end-of-day values. Terms · Privacy