Asian Paints Ltd
Founded in 1942, Asian Paints is India’s main and Asia’s third-biggest paint enterprise, with a turnover of Rs 193.50 billion. It turned into the installation as a partnership organization with the aid of using 4 pals who had been inclined to take at the world’s biggest, maximum well-known paint corporations running in India at that time.
Asian Paint is one of the excellent paint manufacturers in India. Over the route of 25 years, Asian Paints have become a company pressure and India’s main paints enterprise. Asian Paint isn't any 1 paint enterprise in India with the aid of using size.
- Total Sales: Rs 20,468 Cr
- Profit: 2,586 Cr
- Market Cap: 166,728 Cr.
- ROE: 23.98 %
- Sales Growth (3Yrs): 10.66 %
- Promoter holding: 52.79 %
- Debt to equity: 0.03
- Price to book value: 16.56
The enterprise has been the marketplace chief in paints for the reason that 1967. Today, its miles double the dimensions of every other paint enterprise in India. Asian Paints manufactures an extensive variety of paints for ornamental and business use. Asian Paint is the Largest Paint Company in India.
The Company operates in 15 international locations and has 26 paint production centers withinside the world, servicing purchasers in over 60 international locations. The enterprise is pinnacle withinside the listing of pinnacle 10 paint corporations in India
Founded: February 1942; 79 years ago
Founders: Champaklal Choksey, Chimanlal Choksi, Suryakant Dani. Arvind Vakil
Headquarters: Mumbai, Maharashtra, India
Website: asianpaints.com
