If someone 10000 invested in Asian paints in 2010. What would be present value?
About Asian paints
Asian Paints is the largest paint company of India. Asian paints have 54% market share in paint industry.
Asian paints provide many services like
01 Painting Services
02 Interior design services
03 Waterproof Solution
04 Wood Solution
05 Bathroom design and execution
Asian paints have more than 2200 shades in our colours palette. Asian paints acquired 49% stake in Obgenix solution which help the decorative lighting products and lens. In coating Buisness Asian paints second in Asia and 8th position in the world. Asian paints operates in 60 countries.
Subsidiary of Asian paint
01 Asian paints Berger
02 Apco coating
03 SCIB Paints
04 Taubmaus
05 Asian paints causeway
06 kadisco Asian paints
In coating Asian paints 50-50 joint venture with PPG Inc (USA) world largest coating company.
Some important fundamental about Asian paints
It is large cap. Company
01 Market cap – 2,90,675 crores
02 CMP (current market price) – Rs 2980
03 Dividend yield – 0.87%
04 Debt – Rs 49.36 crore
05 P/E – 61.74
Shareholding pattern of Asian paints
01 Promoter – 52.36%
02 Mutual fund – 03.47%
03 FII – 17.65%
04 DII – 6.59%
05 Retails and other – 19.67%
Asian paints IPO (intial public offering) came 1982. In 2010 one share value of Asian paints Rs 150 (approx). If someone invested Rs 10,000 in Asian paints in 2010 he gets 66 shares let’s find out the present value of 66 shares
10000 invested in Asian paints
Asian paints bonus and stock split history
Asian paints gave zero bonus and one time stock split since 2010
01 Stock split (2013) – Face value 10 to 1 – 660 shares
In 2023 666 shares convert 660 shares. In 2023 price of one share of Asian paints is Rs 2980. Means Asian paints Rs 10,000 converts Rs 1,966,800
Time period – 12 years .
Note – Compounding is the 8th wonder of this world.
Asian paints future is very colourful Asian paints will keep growing with same pace. India is developing country. Market in india is big help the Asian paints for grow. Asian paints fundamental good and strong balance sheet company.So Asian paints will keep rewarding shareholders with bonus shares and stock dividend.
F&Q
Is it good to invest in Asian Paints?
Ans . Invest in Asian paint is very good option because it is leader company in paint industry.
When did Asian Paints go public?
Ans Asian paint IPO came in 1973