Key points about Asian Paints:
- Asian paints is an Indian company, which belongs to the chemical industry.
- Amit Syngle is CEO of Asian Paints.
- Ashwin Dani is Chairman of Asian Paints.
- Asian Paints listed on the stock exchange on 31 May 1995 with face value of Rs. 1.
- As of 29 May 2020, the Asian Paints share price was 1683.10.
- Asian Paints established on 1 February 1942.
- The market cap of Asian Paints is 1,61,567.28 crore as of 29 May 2020.
History of Asian Paints:
The company was started
in a garage in Gaiwadi, Mumbai by four friends Chimanlal Choksey, Champaklal
Choksey, Suryakant Dani, and Arvind Vakil. During world war-2 and Quit India movement of 1942, a temporary ban on
paints imports except for only foreign companies and Shalimar paints. Then
Asian paints came into the market.
In 1952, Asian Paints
reported annual 23 crore rupees turnover but wit only 2% PBT margin. Asian
Paints became the leading paint manufacturer company in 1967.
The four friend family
held Asian Paints majority share together. But when the company expanded beyond
India in the 1990s then dispute start over. In disputes result, Choksey sold
its 13.7% shares in 1997. In 1997 Champaklal died and then his son Atul took
over his share. As of the year 2008 Choksey, Vaki, and Dani families hold
47.61% share of Asian Paints.
Service and Network:
1. Service:
Asian Paints
manufactures paints in the category of Decorative, Automative and Industrial
segment. Apart from these the Asian Paints also manufactures various Accessories
like, Wall Primer, Wood Primer, Putty and Steiner’s etc.
2. Network:
Asian Paints
was established in 1942 and today it’s not only India’s but Asia’s largest
paint company. Now, Asian Paints operates in 17 different countries and has 25
paint manufacturing facilities in the world servicing consumers in more than 65
countries.
Now, Asian
Paints operates in 5 regions across the world viz. South Asia, South East Asia,
South Pacific, Middle East, and the Caribbean region. Asian Paints operates
through the five corporate brands viz. Asian Paints, Berger International, SCIB
Paints, Apco Coatings, and Taubmans.
In 10 markets,
it operates through its subsidiary, Berger International Limited; in 5 markets
in the South Pacific it operates through Apco Coatings; in Egypt, through SCIB
Paints and in Fiji and Samoa it also operates through Taubmans.
Asian Paints
is having its strategically located Indian plants at Bhandup (Maharashtra),
Ankleshwar (Gujarat), Patancheru (Andhra Pradesh), Kasna (Uttar Pradesh),
Sriperumbudur (Tamil Nadu) and Rohtak (Haryana).
Asian Paints is having state of the art
supply chain system using cutting edge technology to integrate all its plants,
regional distribution centers, outside processing Centres, and branches in
India. Asian Paints having 2 chemical plants, 18 processing Centre, 350 raw
material and intermediate goods suppliers, 140 packing material vendors, 6
regional distribution Centres, 72 depots are integrated.
Dividend and Bonus Share:
1. Dividend:
Asian Paints regularly give dividend to its shareholders.
In below table last 5 years dividend details are provided.
Announcement Date
|
Effective Date
|
Dividend (%)
|
19-02-2020
|
03-03-2020
|
715.00
|
07-10-2019
|
30-10-2019
|
335.00
|
09-05-2019
|
13-06-2019
|
765.00
|
04-10-2018
|
29-10-2018
|
285.00
|
10-05-2018
|
14-06-2018
|
605.00
|
29-09-2017
|
31-10-2017
|
265.00
|
11-05-2017
|
15-06-2017
|
565.00
|
12-05-2017
|
15-06-2017
|
200.00
|
04-10-2016
|
01-11-2016
|
265.00
|
11-05-2016
|
16-06-2016
|
530.00
|
01-10-2015
|
28-10-2015
|
220.00
|
18-05-2015
|
24-06-2015
|
430.00
|
2. Bonus Share:
In history company gives 4 times bonus share.
Announcement Date
|
Bonus Ratio
|
Record Date
|
Ex-Bonus Date
|
28-05-2003
|
1:2
|
25-08-2003
|
22-08-2003
|
30-05-2000
|
3:5
|
30-11--0001
|
02-08-2000
|
18-10-1995
|
1:1
|
06-12-1995
|
08-11-1995
|
06-05-1985
|
3:5
|
30-11--0001
|
-
|
Profit/ Loss:
In below table last 5 years net profit/loss given.
Financial Year
|
Profit/Loss in crore
|
March 2019
|
2,134.76
|
March 2018
|
1894.80
|
March 2017
|
1801.72
|
March 2016
|
1597.43
|
March 2015
|
1327.40
|
Statistics:
No.
|
Terms
|
Value
|
1
|
Share price(Rs.)
|
1683.10
|
2
|
Market Cap
|
1,61,567.28 cr
|
3
|
Dividend (%)
|
1050
|
4
|
P/E ratio
|
60.2
|
5
|
Book value(Rs.)
|
92.66
|
6
|
P/B ratio
|
18.18
|
7
|
Face value(Rs.)
|
1
|
8
|
EPS(TTM)
|
27.96
|
Thank You.
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