Asian Paints

Company Overview

Asian Paints manufactures a wide range of paints for both decorative and industrial use. Its product portfolio also includes wall coverings, waterproofing solutions, adhesives, acrylic coatings, and various services. Expanding beyond paints, the company has ventured into the home improvement and decor segment, offering bath and kitchen products, lighting, furnishings, and furniture. Asian Paints PPG Private Limited (APPPG) is a joint venture between Asian Paints and PPG Industries Securities LLC. APPPG is involved in the manufacturing and supply of powder coatings, protective coatings, road markings, and floor coatings. Asian Paints designs acrylic coatings for UV stabilization, elastomeric coating, waterproofing, and protective coatings. The company serves 14 countries across the globe. It operates 10 paint and coating manufacturing plants in India and 17 facilities outside India.

Financial Highlights (FY 2024)

Company's Business Segments

• Decorative Business : This segment comprises Interior Wall Finishes, Exterior Wall Finishes, Waterproofing, Wood Finishes, Enamels, Adhesives, Tools, and Undercoats.
• Home Décor Business : This segment includes Modular kitchens and wardrobes, bath fittings and sanitaryware, decorative lightings, uPVC windows and doors, wall coverings, furniture, furnishing, and Rugs.
• International Business : This segment comprises Asia, the Middle East, Africa, and the South Pacific.
• Industrial Business : This segment comprises Automotive, Marine,  Packaging Coatings, Industrial Protective Coatings, Powder Coatings, Floor Coatings, and Road Markings.