Asian Paints Share Price Trades Higher on February 01, 2025

On February 01, 2025, Asian Paints share price traded 0.67% higher at ₹2,316.55 at 11:05 AM (IST). Asian Paints’s share price reached a 52-week high of ₹3,394 on September 16, 2024, and a 52-week low of ₹2,208.90 on January 16, 2025. As per BSE, the total traded volume for the stock stood at 0.25 lakh shares with a turnover of ₹5.78 crore.

At the current price, Asian Paints shares are trading at a price-to-earnings (P/E) ratio of 49.96x, based on its trailing 12-month earnings per share (EPS) of ₹46.37, and a price-to-book (P/B) ratio of 12.52, according to exchange data.

Shareholding Details

As of December 31, 2024, Asian Paints’s promoters held 52.63% of the shares, Foreign Institutional Investors (FIIs) owned 13.61%, and Domestic Institutional Investors (DIIs) held 13.98%.

 Asian Paints Q2 FY25 Results

Asian Paints reported a year-on-year (YoY) decline in its consolidated net profit for the quarter ended September 2024, totalling ₹694.6 crores, compared to ₹1,205.4 crore in the same period of the previous fiscal year.

In Q2 FY25, the company also saw a drop in consolidated net sales, which amounted to ₹8,003 crore, down from ₹8,451.9 crore in Q2 FY24.

This revenue figure also fell short of analysts’ expectations, which had forecasted ₹8,581 crore. Additionally, the company’s EBITDA fell 27.8% to ₹1,239.5 crore, down from ₹1,716.2 crore in the same quarter last year.

As a result, the EBITDA margin contracted by 480 basis points, settling at 15.5% on a YoY basis. The decline in profit and sales was attributed to muted consumer sentiments during the period.

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