Asian Paints Limited
Asian Paints Limited, together with its subsidiaries, engages in the manufacture, distribution, and sale of paints, coatings, and products related to home decoration and bath fittings in India, Asia, the Middle East, Africa, and the South Pacific region. The company offers wall coverings; waterproofing products; adhesives; and bath fittings and sanitaryware, modular kitchens and wardrobes, fabric… Read more
Market Cap & Net Worth: Asian Paints Limited (ASIANPAINT)
Asian Paints Limited (NSE:ASIANPAINT) has a market capitalization of $24.55 Billion (₹2.13 Trillion) as of March 18, 2026. Listed on the NSE stock exchange, this India-based company holds position #1525 globally and #24 in its home market, demonstrating a -2.71% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Asian Paints Limited's stock price ₹2217.70 by its total outstanding shares 958594309 (958.59 Million).
Asian Paints Limited Market Cap History: 2015 to 2026
Asian Paints Limited's market capitalization history from 2015 to 2026. Data shows growth from $9.16 Billion to $24.55 Billion (10.01% CAGR).
Index Memberships
Asian Paints Limited is a constituent of 7 market indices:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NIFTY CONSUMPTION
CNXCONSUM
|
$304.46 Billion | 3.72% | #7 of 30 |
|
NIFTY 100
NIFTY100
|
$802.80 Billion | 1.41% | #21 of 100 |
|
NIFTY100 EQUAL WEIGHT
NIFTY100EW
|
$734.02 Billion | 1.54% | #19 of 99 |
|
NIFTY 200
NIFTY200
|
$1.08 Trillion | 1.05% | #22 of 200 |
|
NIFTY 500
NIFTY500
|
$1.33 Trillion | 0.85% | #22 of 500 |
|
Nifty Low Volatility 50
NIFTYLVI
|
$454.91 Billion | 2.49% | #13 of 48 |
|
NIFTY TOTAL MARKET
NIFTYTOTALMKT
|
$1.39 Trillion | 0.82% | #23 of 750 |
Weight: Asian Paints Limited's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Asian Paints Limited Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Asian Paints Limited's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.09x
Asian Paints Limited's market cap is 0.09 times its annual revenue
0.52x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
0.84x
Asian Paints Limited's market cap is 0.84 times its annual earnings
593.18x
Lower than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $9.31 Billion | $153.86 Billion | $17.26 Billion | 0.06x | 0.54x |
| 2017 | $12.15 Billion | $151.40 Billion | $19.39 Billion | 0.08x | 0.63x |
| 2018 | $14.50 Billion | $166.45 Billion | $20.39 Billion | 0.09x | 0.71x |
| 2019 | $18.99 Billion | $191.82 Billion | $21.59 Billion | 0.10x | 0.88x |
| 2020 | $29.61 Billion | $200.63 Billion | $27.05 Billion | 0.15x | 1.09x |
| 2021 | $36.45 Billion | $215.03 Billion | $31.39 Billion | 0.17x | 1.16x |
| 2022 | $33.51 Billion | $289.82 Billion | $30.31 Billion | 0.12x | 1.11x |
| 2023 | $37.24 Billion | $344.30 Billion | $41.06 Billion | 0.11x | 0.91x |
| 2024 | $25.25 Billion | $354.38 Billion | $54.60 Billion | 0.07x | 0.46x |
| 2025 | $30.65 Billion | $338.59 Billion | $36.67 Billion | 0.09x | 0.84x |
Competitor Companies of ASIANPAINT by Market Capitalization
Companies near Asian Paints Limited in the global market cap rankings as of March 18, 2026.
Key companies related to Asian Paints Limited by market ranking:
- Linde plc Ordinary Shares (NASDAQ:LIN): Ranked #72 globally with a market cap of $210.18 Billion USD.
- L'Air Liquide S.A (PINK:AIQUF): Ranked #182 globally with a market cap of $107.70 Billion USD.
- Air Liquide SA (PA:AI): Ranked #200 globally with a market cap of $99.38 Billion USD ( €96.82 Billion EUR).
- Ecolab Inc (NYSE:ECL): Ranked #266 globally with a market cap of $77.95 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #72 | Linde plc Ordinary Shares | NASDAQ:LIN | $210.18 Billion | $497.41 |
| #182 | L'Air Liquide S.A | PINK:AIQUF | $107.70 Billion | $187.03 |
| #200 | Air Liquide SA | PA:AI | $99.38 Billion | €172.20 |
| #266 | Ecolab Inc | NYSE:ECL | $77.95 Billion | $273.11 |
Asian Paints Limited Historical Marketcap From 2015 to 2026
Between 2015 and today, Asian Paints Limited's market cap moved from $9.16 Billion to $ 24.55 Billion, with a yearly change of 10.01%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | ₹24.55 Billion | -19.92% |
| 2025 | ₹30.65 Billion | +21.40% |
| 2024 | ₹25.25 Billion | -32.18% |
| 2023 | ₹37.24 Billion | +11.11% |
| 2022 | ₹33.51 Billion | -8.06% |
| 2021 | ₹36.45 Billion | +23.12% |
| 2020 | ₹29.61 Billion | +55.88% |
| 2019 | ₹18.99 Billion | +30.94% |
| 2018 | ₹14.50 Billion | +19.37% |
| 2017 | ₹12.15 Billion | +30.53% |
| 2016 | ₹9.31 Billion | +1.64% |
| 2015 | ₹9.16 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of Asian Paints Limited was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $24.55 Billion USD |
| MoneyControl | $24.55 Billion USD |
| MarketWatch | $24.55 Billion USD |
| marketcap.company | $24.55 Billion USD |
| Reuters | $24.55 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.