Asian Paints Ltd vs Kansai Nerolac Paints Ltd Stock Comparison

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Last Updated on: Jun 03, 2026

Key Highlights

The Latest Trading Price of Asian Paints Ltd is ₹ 2650 as of 03 Jun 15:31 . The P/E Ratio of Asian Paints Ltd changed from 77.5 on March 2021 to 61.2 on March 2025 . This represents a CAGR of -4.61% over 5 yearsThe P/E Ratio of Kansai Nerolac Paints Ltd changed from 61.1 on March 2021 to 16.5 on March 2025 . This represents a CAGR of -23.04% over 5 years The Market Cap of Asian Paints Ltd changed from ₹ 243324 crore on March 2021 to ₹ 224231 crore on March 2025 . This represents a CAGR of -1.62% over 5 yearsThe Market Cap of Kansai Nerolac Paints Ltd changed from ₹ 32370 crore on March 2021 to ₹ 18804 crore on March 2025 . This represents a CAGR of -10.29% over 5 years The revenue of Asian Paints Ltd for the Mar '26 is ₹ 9443 crore as compare to the Dec '25 revenue of ₹ 9093 crore. This represent the growth of 3.84% The revenue of Kansai Nerolac Paints Ltd for the Mar '26 is ₹ 1983 crore as compare to the Dec '25 revenue of ₹ 2017 crore. This represent the decline of -1.68% The ebitda of Asian Paints Ltd for the Mar '26 is ₹ 1983 crore as compare to the Dec '25 ebitda of ₹ 1850 crore. This represent the growth of 7.19% The ebitda of Kansai Nerolac Paints Ltd for the Mar '26 is ₹ 227.76 crore as compare to the Dec '25 ebitda of ₹ 230.18 crore. This represent the decline of -1.05% The net profit of Asian Paints Ltd changed from ₹ 1186 crore to ₹ 1185 crore over 8 quarters. This represents a CAGR of -0.05% The net profit of Kansai Nerolac Paints Ltd changed from ₹ 224.87 crore to ₹ 109.89 crore over 8 quarters. This represents a CAGR of -30.09% The Dividend Payout of Asian Paints Ltd changed from 56.09 % on March 2021 to 66.36 % on March 2025 . This represents a CAGR of 3.42% over 5 yearsThe Dividend Payout of Kansai Nerolac Paints Ltd changed from 53.32 % on March 2021 to 29.68 % on March 2025 . This represents a CAGR of -11.06% over 5 years .

About Asian Paints Ltd

About Asian Paints Ltd Asian Paints Limited is India's largest, Asia's third largest and world's 9th largest paint company. The Company, along with their subsidiaries, has operations in 15 countries globally with 26 paint manufacturing facilities servicing consumers in more than 60 countries through Berger International, SCIB Paints, Apco Coatings, Asian Paints Causeway, Kadisco Asian Paints and Taubmans. It manufactures paints for decorative and industrial use. The products of the Company include ancillaries, automotive, decorative paints, and industrial paints. It operates manufacturing plants in Maharashtra, Gujarat, Andhra Pradesh, Uttar Pradesh, Tamil Nadu and Haryana. Asian Paints Ltd Dividend Payout Ratio The dividend payout ratio shows the portion of net profit that Asian Paints Limited has distributed to shareholders as dividends, along with the portion retained to support its expansion.
The Asian Paints dividend payout ratio enables the investor to analyse the portion of the profit the company retains in order to enhance the expansion process. Hence, the payout ratio, in the case of Asian Paints, portrays a balanced pattern, which is backed by steady earnings along with healthy operating margins.
The company keeps sufficient profits for investing in manufacturing, supply chain, and product innovation. Asian Paints Ltd Dividend Growth and Sustainability Asian Paints dividend growth and sustainability are largely affected by its earning capacity, cash flows, and business performance over a period of time. Earnings-Driven Payouts: The dividend payouts in Asian Paints are also linked majorly to the profit levels in the firm, driven by volume growth and pricing power. Generation of Strong Cash Flows: High cash conversion provides the company with a steady flow of cash, thus ensuring the generation of strong cash flows in the company. Moderate Capex Needs: The company invests in capacity and technology, but capex levels stay manageable compared to cash flows. Stable Demand Base: This is a major contributor.
A stable demand base is acquired through housing, repainting, and infrastructure segments. How to Use Dividend Data for Investment Analysis? Asian paints dividend fundamentals must be analysed in the context of growth in earnings, valuation multiples, and overall outlook for the business. Analyse the Dividend Payments: Emphasise consistency in performance over various years rather than just recent performance. Monitor Dividend Yield Patterns: Asian Paints dividend yield needs to be tracked in the context of share price movements. Dividends vs.
Profits: The sustainable dividends are generally accompanied by stable or increasing profits. Use Valuation Ratios: Metrics such as P/E, P/B, and ROE provide additional context beyond dividend yield alone. Future Outlook Evaluation: The use of dividends data is effective when combined with growth visibility and industry positioning. This approach helps investors evaluate Asian Paints share price dividend history more effectively. .

About Kansai Nerolac Paints Ltd

Kansai Nerolac Paints Limited is one of India's largest Coatings companies with leadership in industrial coatings.
Kansai Paint Co., Ltd., Japan (KPJ) is immediate and ultimate holding company of the Company.
The Company manufactures a diversified range of products ranging from decorative paints coatings for homes, offices, hospitals and hotels to sophisticated industrial coatings for most of the industries. The Company has 8 factories located at Jainpur (UP), Lote (Maharashtra), Bawal (Haryana), Hosur (Tamil Nadu), Goindwal Sahib, (Punjab), Kakoda, (Goa), Sarigam, (Gujarat) and Sayakha (Gujarat).
It has a state-of-the-art R&D facility in Mumbai.
The Company has subsidiary operations in Nepal, Sri Lanka and Bangladesh through acquisitions and joint ventures with Kansai Nepal and Capital Holdings Maharaja Group respectively.

FAQs for the comparison of Asian Paints Ltd and Kansai Nerolac Paints Ltd

Which company has a larger market capitalization, Asian Paints Ltd or Kansai Nerolac Paints Ltd?

Market cap of Asian Paints Ltd is 255,122 Cr while Market cap of Kansai Nerolac Paints Ltd is 17,395 Cr

What are the key factors driving the stock performance of Asian Paints Ltd and Kansai Nerolac Paints Ltd?

The stock performance of Asian Paints Ltd and Kansai Nerolac Paints Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Asian Paints Ltd and Kansai Nerolac Paints Ltd?

As of June 3, 2026, the Asian Paints Ltd stock price is INR ₹2659.75. On the other hand, Kansai Nerolac Paints Ltd stock price is INR ₹215.1.

How do dividend payouts of Asian Paints Ltd and Kansai Nerolac Paints Ltd compare?

To compare the dividend payouts of Asian Paints Ltd and Kansai Nerolac Paints Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.