Asian Paints Limited

Sector: Chemicals

Core Business Activity

Engaged in the business of manufacturing, selling and distribution of paints, coatings, products related to home décor, bath fittings and providing related services.

Sub Brands

Asian PaintsApco CoatingsAsian Paints BergerAsian Paints CausewaySCIB PaintsTaubmansKadisco Asian PaintsEss EssSleekWeathersealNilayaRoyaleAdorPUREWhite Teak

Market Reach

India Presence

Pan-India presence with multiple manufacturing facilities and extensive retail touchpoints.

Andhra Pradesh(Manufacturing)Gujarat(Manufacturing)Haryana(Manufacturing)Karnataka(Manufacturing)Madhya Pradesh(Proposed Manufacturing)

Expansion Plans:

Expansion at Khandala and Kasna plants completed. Greenfield plant land allotted in Pithampur, Madhya Pradesh. Progressing on VAM/VAE manufacturing project in Dahej, Gujarat.

Global Presence

Operates in 15 countries across Asia, Middle East, Africa, and South Pacific.

Bahrain(Operations)Bangladesh(Operations)Egypt(Operations)Ethiopia(Operations)Fiji(Operations)

Global Expansion Plans:

Backward integration project in white cement being set up in the UAE is progressing.

Products & Services by Segment

People & Operations

Key Personnel

R Seshasayee - Chairman / Independent Director
Amit Syngle - Managing Director & CEO

Workforce

Approx. Employee Count:14,854 (Standalone permanent and other than permanent employees as of March 31, 2024)

Key Dependencies

Consumer spending (discretionary), Raw material prices (especially crude oil derivatives), Overall economic growth in India, Monsoon performance affecting rural demand, Forex rates for international operations.

Competitive Advantage

Unmatched brand strength in India, Largest distribution network reaching across the country, Strong innovation pipeline driven by R&D, Expanding integrated Home Décor solutions provider, Economies of scale in manufacturing.