Asian Paints Ltd Company Summary

Asian Paints is India’s leading paint and décor company with a significant international footprint and ranking among the top decorative coatings players globally. Its scale, brand strength, and market value underscore its relevance in the broader consumer and building materials ecosystem.

Company Overview

Asian Paints is one of India’s leading paint and décor businesses and among the top 10 decorative coating companies worldwide. This reflects its long-standing category leadership and diversification beyond paints. The group operates across Asia, the Middle East, the South Pacific, and Africa through multiple subsidiaries and brands, supporting both decorative and industrial coatings demand. As an indicator of market relevance, its market capitalisation was about ₹2.755 trillion as of November 2025.

Founding & Evolution

• Founded: Began in 1942, evolving from a small partnership to India’s leading paints company over 25 years.
• Listed year: Converted into a public limited company in 1973, a key milestone in its corporate evolution.
• Leadership: The Chairman is R. Seshasayee, and the Managing Director & CEO is Amit Syngle.

Scale and Presence

• Branches/sites: Nationwide depots and sales offices support a very large retail touchpoint network for decorative and décor offerings.
• International operations: Operates in 15 countries with 27 paint manufacturing facilities, serving consumers in over 60 countries.
• Customer base: The company focuses on improving everyday living for millions of households through paint and integrated home décor solutions.
• Strategic Acquisitions & Alliances: The company acquired its remaining stake in White Teak, a premium decorative lighting and accessory name, in 2025, as it added to the ownership stakes made by previous purchases in 2022 and 2023.

Business Segments

The segments include decorative coatings; industrial coatings (through joint ventures); protective coatings; automotive coatings; powder coatings, and others, including home decor products such as uPVC windows and doors, furniture, fabric and furnishings.

• Key alliances: Two 50:50 joint ventures with PPG Industries are involved in automotive and protective/industrial powder coatings in India, forming a combination of manufacturing and technology strengths.

Home improvement platforms: Previous acquisitions include Sleek (modular kitchens and wardrobes), along with the integration of Ess Ess bath fittings portfolio under Asian Paints – confirming its one-stop home interiors approach.

ESG & Sustainability Focus

Renewable energy and efficiency: Decorative paint plants have 48.9 MW installed renewable capacity (24.6 MW solar; 24.3 MW wind) with renewables contributing 65.8% of electricity consumption.

Leadership Team

Top Mutual Funds Invested in Asian Paints Ltd Share (As on 31st October 2025)