Consumer Durables · NSE: ASIANPAINT
Intrynsic's multi-model valuation estimates Asian Paints Limited's fair value at ₹1,541 per share (range ₹597–₹1,554) against a market price of ₹2,638 - a gap of -41.6% (updated 24 July 2026). This is an estimated fair value based on stated assumptions, not investment advice.
Market price
₹2,638
close of 24 Jul 2026
Est. fair value
₹1,541
₹597–₹1,554
Gap
-41.6%
price vs estimate
Trading ~42% above our estimated fair-value range. Assumptions and per-model workings are below.
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.
Consumer Durables · Consumer Durables
Over the last 3 years, revenue grew 1.0%/yr and profit grew 1.6%/yr.
Every ₹100 of shareholder money earned ₹20.6 in profit last year, vs a sector median of 8.4%.
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 values Asian Paints Limited with 3 independent models and blends them into one estimated fair-value range. Every number below is an estimate based on the stated assumptions - change the assumptions and the estimate changes.
| Model | Estimated value | vs price | Weight |
|---|---|---|---|
| DCFFuture Cash Flows Method | ₹597 | -77% | - |
| EV/EBITDAIndustry Comparison Method | ₹1,541 | -42% | - |
| P/E MultipleEarnings Multiple Method | ₹1,554 | -41% | - |
Reverse DCF: today's market price implies the company must grow free cash flow about 45.4% a year for the next decade - versus 5.2% historical revenue growth.
| Revenue | ₹35,584 Cr | |
| Net profit | ₹4,395 Cr | |
| EPS | ₹45.09 | |
| Free cash flow | ₹5,601 Cr | |
| ROE (latest) | 20.6% | |
| Revenue growth (CAGR) | 10.0% | |
| Profit growth (CAGR) | 9.0% |
Intrynsic's multi-model valuation estimates Asian Paints Limited's fair value at ₹1,541 per share (range ₹597–₹1,554), last updated 24 July 2026. This is an estimate based on stated assumptions, not investment advice.
Asian Paints Limited trades at ₹2,638 against Intrynsic's estimated fair value of ₹1,541 - the market price is 42% 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 58.5 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. 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