Investors Always search for Good Investments stock For Long term But, Many Don’t Understand When to Invest . This Stock will Match Both For Both Short Term & Long Term Investors .
Set up in 1942, the Asian Paints group is the largest paint manufacturer in India also engaged in the business of manufacturing of varnishes, enamels or lacquers, surfacing preparation, organic composite solvents and thinners. It operates in 15 countries and has 26 paint manufacturing facilities in the world serving consumers in over 60 countries.
Besides Asian Paints, the group operates around the world through its various brands viz. Asian Paints Berger, Apco Coatings, SCIB Paints, Taubmans, Causeway Paints and Kadisco Asian Paints.
It also manufactures metal sanitary ware such as bath, sinks, washbasins and similar articles. Recently introduced Lightings, Furnishings and Furniture thus adding more products in the Home décor and Interior Design category.
Revenue Breakup
Decorative Coatings – 83.70%
Industrial Coatings – 2.40%
International Operations – 11.60%
Home Improvement Business – 2.30%
Leadership
3rd Largest Paint Co. in Asia.
9th Largest Coatings Co. in the World.
50+ Years of Market Leadership in India.
Leading wallpaper manufacturer under the brand NILAYA.
3x of nearest Competitor in India.
Top 3 player in decorative paints in 12 of the 14 countries outside India.
Paint Business
The group enjoys a dominant share of over 50% in the organized domestic paints market (the second-largest player has a market share of about 16%). In the decorative paints segment, which comprises about 70-75% of the Indian paints industry, the group has a share of about 60%. It also has a healthy position in the automotive industrial coatings segment with a market share of about 20%.
Kitchen business
The industry has been witnessing a shift towards branded modular kitchen solutions from local carpenters and interior designers. The Company forayed into the Kitchen business by acquiring 51% stake in Sleek in FY 2013-14. During FY 2017-18, the Company acquired the remaining 49% stake in Sleek from the previous promoters to make it a wholly owned subsidiary. There’s huge potential for Co. as the overall market in India is estimated to be worth more than 15,000 Crores and is a fragmented market with many unorganized players.
Bath business
Asian Paints forayed into the Bath business by acquiring the front-end business of Ess Ess in FY 2014-15. Over the years, the Company has expanded its network footprint as well as the range of products it offers .
| Stock Price CAGR | |
|---|---|
| 10 Years: | 26% |
| 5 Years: | 21% |
| 3 Years: | 36% |
| 1 Year: | 41% |
Company Link :asianpaints.com
Company Name in BSE & NSE : ASIAN PAINTS LTD .
Cmp : 2984.00 (23.10.2021)
52 Weeks High/Low : 3504/2070 ( 23.10.2021 )
Target : 3800 – 6000++
Time Period : 3 years to 5 Years .
Based On News & Technical Analysis .
STUDY PURPOSE ONLY .
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