Asian Paints

Asian Paints Ltd.
FormerlyAsian Oil and Paint Company Pvt. Ltd. (1945–1965)[1]
Asian Paints (India) Pvt. Ltd. (1965–1973)[2]
Company typePublic
ISININE021A01026
IndustryChemicals
Founded1 February 1942; 82 years ago (1942-02-01)
Founders
  • Champaklal Choksey
  • Chimanlal Choksi
  • Suryakant Dani
  • Arvind Vakil
[3]
Headquarters
Mumbai, Maharashtra
,
India
Area served
Worldwide
Key people
Products
RevenueIncrease ₹36,183 crore (US$4.3 billion) (2024)[4]
Increase ₹7,215 crore (US$860 million) (2024)[4]
Increase ₹5,558 crore (US$670 million) (2024)[4]
Total assetsIncrease ₹29,924 crore (US$3.6 billion) (2024)[4]
Total equityIncrease ₹19,424 crore (US$2.3 billion) (2024)[4]
Number of employees
7,160 (2021)[5]
Websiteasianpaints.com

Asian Paints Ltd is an Indian multinational paint company, headquartered in Mumbai.[3] The company is engaged in the business of manufacturing, selling and distribution of paints, coatings, products related to home décor, bath fittings and providing related services.

Asian Paints is India's largest paints company by market share.[6][7][8] The company's manufacturing operations encompass 15 countries of the world including India, with considerable presence in the Indian subcontinent and the Middle East.[9] It has 27 paint manufacturing facilities, servicing consumers in over 60 countries. Asian Paints is also present in the Home Improvement and Décor space in India.[10]

  1. ^ "Company History - Asian Paints". Moneycontrol. Retrieved 12 August 2024.
  2. ^ "Company History - Asian Paints". Moneycontrol. Retrieved 12 August 2024.
  3. ^ a b "Started by four Mumbaikers, how Asian Paints is today one of India's most valued companies". Businessinsider.in. Retrieved 18 November 2016.
  4. ^ a b c d e "Asian Paints Limited Financial Statements" (PDF). Bseindia.com. Retrieved 9 May 2024.
  5. ^ "Asian Paints Limited Financial Statements". Moneycontrol.com. Retrieved 23 February 2022.
  6. ^ "Asian Paints, Hindustan Unilever top innovative Indian firms on Forbes' list". Ibtimes.co.in. 25 August 2016. Retrieved 18 November 2016.
  7. ^ "Shares of Asian Paints jump 7% on good Q1 results". The Economic Times. Retrieved 18 November 2016.
  8. ^ "Local people demand jobs in Asian Paints' proposed plant". The Hindu. 29 June 2016. Retrieved 18 November 2016.
  9. ^ "Annual report 2019-20" (PDF). Archived (PDF) from the original on 26 September 2020.
  10. ^ "Operations" (PDF).