Asian Paints Limited (BOM:500820)

Asian Paints Stock Forecast

Stock Price Forecast

According to 35 analysts polled by S&P Global, Asian Paints stock has a consensus rating of "Hold" and an average price target of ₹2,879. The average 1-year stock price forecast is 7.50% higher than the current stock price, while the lowest is ₹1,886 (-29.57%) and the highest is ₹3,600 (+34.44%).

Price Target: ₹2,879 (+7.50%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	₹1,886	₹2,879	₹2,928	₹3,600
Change	-29.57%	+7.50%	+9.34%	+34.44%

Analyst Ratings

The average analyst rating for Asian Paints stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Feb '26	Mar '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	10	10	10	11	11	11
Buy	4	4	4	5	6	6
Hold	8	7	7	8	10	10
Sell	8	8	7	5	4	4
Strong Sell	6	6	6	5	4	4
Total	36	35	34	34	35	35

Financial Forecast

Revenue This Year

406.38B

Increased by 14.20%

from 355.84B

Revenue Next Year

439.12B

Increased by 8.06%

from 406.38B

EPS This Year

51.38

Increased by 10.95%

from 46.31

EPS Next Year

58.69

Increased by 14.22%

from 51.38

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	289.82B	344.30B	354.38B	339.06B	355.84B	406.38B
Revenue Growth	34.78%	18.80%	2.93%	-4.32%	4.95%	14.20%
Gross Profit	105.48B	131.12B	151.76B	141.97B	154.09B	171.96B
Gross Margin	36.39%	38.08%	42.83%	41.87%	43.30%	42.32%
Operating Income	39.87B	54.63B	67.42B	49.80B	54.83B	59.46B
Net Income	30.31B	41.06B	54.60B	36.67B	43.25B	49.50B
EPS	-	-	-	-	46.31	51.38
EPS Growth	-	-	-	-	12.95%	10.95%
Forward PE	-	-	-	-	-	52.11
Dividend / Share	19.15	25.65	33.30	24.80	27.50	30.16
Dividend Growth	-	33.94%	29.82%	-25.53%	10.89%	9.67%
Free Cash Flow	761.60M	11.50B	40.93B	20.76B	43.41B	40.55B
No. Analysts	-	-	-	-	-	34

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue	2027	2028	2029
High	418.6B
Avg	406.4B
Low	380.6B

Revenue Growth

Revenue Growth	2027	2028	2029
High	17.6%
Avg	14.2%
Low	7.0%

EPS Forecast

EPS	2027	2028	2029
High	59.50
Avg	51.38
Low	47.70

EPS Growth

EPS Growth	2027	2028	2029
High	28.5%
Avg	10.9%
Low	3.0%

Data Source: S&P Global Market Intelligence

Price targets, consensus ratings and financial forecasts are provided by S&P Global Market Intelligence. Price targets and consensus ratings update every hour to every three days.

Data Sources Report a data error