Asian Paints Limited (NSE:ASIANPAINT)
India flag India · Delayed Price · Currency is INR
2,284.80
-34.60 (-1.49%)
Oct 22, 2026, 3:28 PM IST

Asian Paints Stock Forecast

Stock Price Forecast

According to 34 analysts polled by S&P Global, Asian Paints stock has a consensus rating of "Hold" and an average price target of ₹2,986. The average 1-year stock price forecast is 30.67% higher than the current stock price, while the lowest is ₹1,915 (-16.19%) and the highest is ₹3,827 (+67.50%).

Price Target: ₹2,986 (+30.67%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price₹1,915₹2,986₹2,960₹3,827
Change-16.19%+30.67%+29.55%+67.50%
* Price targets were last updated on Jul 31, 2026.

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

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy111112121211
Buy566666
Hold81010101010
Sell544333
Strong Sell543334
Total343535343434

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Jefferies
Jefferies
Buy
Maintains
₹3,350
BuyMaintains₹3,350+46.62%Jul 31, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
₹2,970
BuyMaintains₹2,970+29.99%Jul 30, 2026

Financial Forecast

Revenue This Year
411.31B
from 355.84B
Increased by 15.59%
Revenue Next Year
443.37B
from 411.31B
Increased by 7.80%
EPS This Year
54.59
from 46.31
Increased by 17.87%
EPS Next Year
60.58
from 54.59
Increased by 10.96%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
289.82B344.30B354.38B339.06B355.84B411.31B
Revenue Growth
34.78%18.80%2.93%-4.32%4.95%15.59%
Gross Profit
105.48B131.12B151.76B141.97B154.09B177.04B
Gross Margin
36.39%38.08%42.83%41.87%43.30%43.04%
Operating Income
39.87B54.63B67.42B49.80B54.83B63.70B
Net Income
30.31B41.06B54.60B36.67B43.25B52.14B
EPS
----46.3154.59
EPS Growth
----12.95%17.87%
Forward PE
81.3556.6453.3953.5545.7441.85
Dividend / Share
19.1525.6533.3024.8027.5031.20
Dividend Growth
7.28%33.94%29.83%-25.53%10.89%13.46%
Free Cash Flow
----56.21B40.59B
No. Analysts
-----33
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High428.7B
Avg411.3B
Low400.9B

Revenue Growth

Revenue Growth202720282029
High
20.5%
Avg
15.6%
Low
12.7%

EPS Forecast

EPS202720282029
High59.00
Avg54.59
Low51.10

EPS Growth

EPS Growth202720282029
High
27.4%
Avg
17.9%
Low
10.3%