Asian Paints Profile
Key Indicators
- Authorised Capital ₹ 100.00 Cr
- Paid Up Capital ₹ 95.92 Cr
- Company Age 79 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 173.16 Cr
- Revenue Growth 19.33%
- Profit Growth 30.80%
- Ebitda 26.87%
- Net Worth 16.75%
- Total Assets 13.17%
About Asian Paints
Asian Paints Limited (APL) was founded in India on 24 October 1945 and has a glorious history of 79 years and three months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500820 and on the National Stock Exchange(NSE) under ASIANPAINT.
The Corporate was formerly known as Asian Paints (India) Limited. The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 100.00 Cr and a paid-up capital of Rs 95.92 Cr.
The company has closed loans amounting to ₹173.16 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Asian Paints Limited India are Jeyamurugan Ramalingam as COMPANY SECRETARY and Amit Syngle as Ceo. Manish Choksi, Seshasayee Ramaswami, Milind Sarwate, and Nine other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
L24220MH1945PLC004598
- Company No.
004598
- Stock Symbol
BSE : 500820 NSE : ASIANPAINT
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
24 Oct 1945
- Date of AGM
25 Jun 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
What products or services does Asian Paints Limited offer?
Asian Paints Limited offers a wide range of products and services, including Wallpaper, Blinds And Accessories, Wallpaper, Paints, Wall Putty & Varnishes, Decorative Paints and coatings, Surface Coating & Paint Equipment, Painting Tool, Paints, Wall Putty, FRP Lining, PU & Powder Coatings, PU Paints and Coatings.
Who are the key members and board of directors at Asian Paints?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amit Syngle  | Managing Director | 01-Apr-2020 | Current |
| Jeyamurugan Ramalingam | Company Secretary | 27-Nov-2019 | Current |
Board Members (11)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Varun Berry | Director | 06-Nov-2024 | Current |
| Milind Sarwate | Director | 21-Oct-2021 | Current |
| Manish Choksi | Director | 22-Oct-2018 | Current |
| Malav Dani | Director | 21-Oct-2013 | Current |
| Ireena Vittal | Director | 25-Jul-2023 | Current |
| Gopichand Katragadda | Director | 25-Apr-2024 | Current |
Financial Performance of Asian Paints.
Asian Paints Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.33% increase. The company also saw a substantial improvement in profitability, with a 30.8% increase in profit. The company's net worth Soared by an impressive increase of 16.75%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Asian Paints?
In 2023, Asian Paints had a promoter holding of 52.63% and a public holding of 47.38%. The company had 5 Subsidiaries, 2 Joint Ventures and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sattva Holding And Trading Private LimitedMalav Dani is a mutual person
Ricinash Renewable Materials Private LimitedManish Choksi and Jigish Choksi are mutual person
Matrimony.Com LimitedMilind Sarwate is a mutual person
Homevilla Yoga Private LimitedMalav Dani is a mutual person
Wheelsemi Private LimitedMilind Sarwate is a mutual person
Vedant Fashions LimitedManish Choksi is a mutual person
Charges (Loans)
₹0
₹173.16 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 135.00 Cr
- Pradeshiya Industrial Corporation Of U.P.Ltd : 38.16 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Mar 2002 | Pradeshiya Industrial Corporation Of U.P.Ltd | ₹38.16 Cr | Satisfied |
| 29 Dec 1995 | State Bank Of India | ₹135.00 Cr | Satisfied |
How Many Employees Work at Asian Paints?
Asian Paints has a workforce of 9462 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Asian Paints, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Asian Paints's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
