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MomentumDeep Value

Asian Paints Ltd: Why Is It Outperforming Nifty 500?

Active
AverageNew This Week

In Week of May 10, 2026, Asian Paints Ltd (Building Materials - Paints) is outperforming Nifty 500 with +9.6% relative strength. Fundamentals: Average.

Asian Paints Ltd Key Facts

PE Ratio
61.1x
Market Cap
₹2,49,382 Cr
PAT Growth YoY
-5%
Revenue Growth YoY
+4%
OPM
20.0%
RS vs Nifty 500
+9.6%
PE: Near TroughDanger Bubble

What's Happening

⚠️PE rising despite falling earnings — price running ahead of reality
📊Debt increased 55% YoY — leverage rising
🌐FII stake decreased 3.6% this quarter
🏛️DII accumulation — stake up 8.4%

Key Numbers

PAT Growth YoY
-5%
Stable
Revenue YoY
+4%
Inflection Up
Operating Margin
20.0%
+100 bps YoY
PE Ratio
61.1
Current Price
₹2,600
Dividend Yield
0.95%
Fundamental Score
48/100
Average
3Y PAT CAGR
+6%
Market Cap
2.5L Cr
Valuation
N/A

12-Week Performance

Weekly presence in the outperformers list. Green = beating Nifty 500 by 10%+ that week.

12 weeks agoThis week

How Fast Is Asian Paints Ltd Growing?

Revenue, profit and margin growth rates

MetricYoY3Y CAGRTrend
Revenue+4%+5%Inflection Up
PAT (Net Profit)-5%+6%Stable
OPM20.0%+100 bpsStable

Other Top Building Materials - Paints Stocks Beating Nifty 500

Berger Paints India Ltd
Average
+10.5%
← Back to Building Materials - PaintsDashboard

Frequently Asked Questions: Asian Paints Ltd

Based on publicly available financial data. This is educational research, not investment advice.

What were Asian Paints Ltd's latest quarterly results?

Asian Paints Ltd's latest quarterly results (Dec 2025) show

  • PAT Growth YoY: -4.8% (stable)
  • Revenue Growth YoY: +3.7%
  • Operating Margin: 20.0% (stable)

Is Asian Paints Ltd's profit growing or declining?

Asian Paints Ltd's profit is declining with an stable trend.

  • PAT Growth YoY: -4.8% (latest quarter)
  • PAT Growth QoQ: +5.5% (sequential)
  • 3-Year PAT CAGR: +6.3%
  • Trend: Stable — consistent growth pattern

What is Asian Paints Ltd's revenue growth trend?

Asian Paints Ltd's revenue growth trend is turning around (inflection up).

  • Revenue Growth YoY: +3.7%
  • Revenue Growth QoQ: +3.9% (sequential)
  • 3-Year Revenue CAGR: +5.2%

How is Asian Paints Ltd's operating margin trending?

Asian Paints Ltd's operating margin is stable.

  • Current OPM: 20.0%
  • OPM Change YoY: +1.0% basis points
  • OPM Change QoQ: +2.0% basis points

What is Asian Paints Ltd's 3-year profit and revenue CAGR?

Asian Paints Ltd's long-term compounding rates

  • 3-Year Profit CAGR: +6.3%
  • 3-Year Revenue CAGR: +5.2%

Is Asian Paints Ltd's growth accelerating or decelerating?

Asian Paints Ltd's earnings growth is stable with mixed signals on a sequential basis.

  • YoY Acceleration: -51.5% bps
  • Sequential Acceleration: +14.4% bps

What is Asian Paints Ltd's trailing twelve month (TTM) performance?

Asian Paints Ltd's trailing twelve month (TTM) performance

  • TTM PAT: ₹4,000 Cr
  • TTM PAT Growth: -8.7% YoY
  • TTM Revenue: ₹35,000 Cr
  • TTM Revenue Growth: +1.2% YoY
  • TTM Operating Margin: 18.3%

What is Asian Paints Ltd's current PE ratio?

Asian Paints Ltd's current PE ratio is 61.1x.

  • Current PE: 61.1x
  • Market Cap: 2.5 Lakh Cr
  • Dividend Yield: 0.95%

What is Asian Paints Ltd's price-to-book ratio?

Asian Paints Ltd's price-to-book ratio is 12.8x.

  • Price-to-Book (P/B): 12.8x
  • Book Value per Share: ₹204
  • Current Price: ₹2600

Is Asian Paints Ltd a fundamentally strong company?

Asian Paints Ltd is rated Average with a fundamental score of 48.06/100. This score is calculated from objective financial metrics

  • Revenue Growth YoY: +3.7% (10% weight)
  • PAT Growth YoY: -4.8% (10% weight)
  • PAT Growth QoQ: +5.5% (10% weight)
  • Margins stable (10% weight)

Is Asian Paints Ltd debt free?

Asian Paints Ltd has a debt-to-equity ratio of N/A.

  • Total Debt: ₹4,000 Cr

What is Asian Paints Ltd's return on equity (ROE) and ROCE?

Asian Paints Ltd's return ratios over recent years

  • FY2023: ROCE 34.0%
  • FY2024: ROCE 38.0%
  • FY2025: ROCE 26.0%

Is Asian Paints Ltd's cash flow positive?

Asian Paints Ltd's operating cash flow is positive (FY2025).

  • Cash from Operations (CFO): ₹4,000 Cr
  • Free Cash Flow (FCF): ₹3,000 Cr
  • CFO/PAT Ratio: 119% (strong cash conversion)

What is Asian Paints Ltd's dividend yield?

Asian Paints Ltd's current dividend yield is 0.95%.

  • Dividend Yield: 0.95%
  • Current Price: ₹2600

Who holds Asian Paints Ltd shares — promoters, FII, DII?

Asian Paints Ltd's shareholding pattern (Mar 2026)

  • Promoters: 52.6%
  • FII (Foreign): 12.1%
  • DII (Domestic): 21.7%
  • Public: 13.4%

Is promoter holding increasing or decreasing in Asian Paints Ltd?

Asian Paints Ltd's promoter holding has remained stable recently.

  • Current Promoter Holding: 52.6% (Mar 2026)
  • Previous Quarter: 52.6% (Dec 2025)
  • Change: 0.00% (stable)

How long has Asian Paints Ltd been outperforming Nifty 500?

Asian Paints Ltd has been outperforming Nifty 500 for 1 consecutive week, indicating early-stage outperformance.

Is Asian Paints Ltd a new momentum entry or an established outperformer?

Asian Paints Ltd is a new entry this week — it just started outperforming Nifty 500. New entries are worth monitoring for follow-through.

Is Asian Paints Ltd worth studying for long term investment?

Based on quantitative research signals, here is why Asian Paints Ltd may be worth studying

  • Cash flow is positive — CFO ₹4,000 Cr

What is the investment thesis for Asian Paints Ltd?

Asian Paints Ltd investment thesis summary:

What is the future outlook for Asian Paints Ltd?

Asian Paints Ltd's forward outlook based on current data signals

  • Earnings Trend: stable
  • Revenue Trend: turning around (inflection up)
  • Margin Trend: stable

The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.