Helping You Build Wealth With Honest Research
Since 1996. Try Now


Login Failure
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  

Investment in securities market are subject to market risks. Read all the related documents carefully before investing

Claim this guide to see
how we identify high potential
smallcap opportunities for you

**Important: We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
**By submitting your email address, you also sign up for Profit Hunter, a daily newsletter from Equitymaster
covering exciting investing ideas and opportunities in India.


Indian Paints Companies

The domestic paint sector has an estimated size of Rs.500 billion. The sector can be divided into two main segments, decorative paints and industrial paints, where the decorative paint segment accounts for almost 75% of the market.

Asian Paints and Berger Paints are the two dominant players in the Indian decorative paint segment, garnering a market share of 80%.

India's per capita consumption of paints is 4.1 kgs, which is half of the global average of 13-15 kgs per capita consumption. This disparity indicates an immense scope for the domestic paint market to grow.

Apart from this, the rise in disposable income, higher urbanization, a growing rural market, and a shortening of the repainting cycle is the primary demand drivers for the paint industry.

The paint stocks have created tremendous wealth for its investors. Considering oil is the key raw material in the pint manufacturing process, a good time to invest would be when the oil prices are falling. You can access an exhaustive list of the top paint stocks in India on Equitymaster.

5 Best Long Term Companies of 2023

Apr 26, 2023

These companies are fundamentally strong and can ride out any storm.

Stocks that You Could Bet on to Ride India's Decade

Mar 7, 2023

Indian economy is at an inflection point of emerging as an economic powerhouse. This could be a rare lucky moment for investors in Indian stocks.

Why Indigo Paints Share Price is Falling

Feb 15, 2023

No respite for shareholders as Indigo Paints once again fails to cheer investors in Q3. How much more can the stock fall?

Why Asian Paints Share is Falling

Jan 20, 2023

When will margin woes end for this market leader? Read on to find out.

20 Investing Ideas from 20 Years of Wealth Creation

Nov 16, 2022

Timeless wisdom from two decades of investing experience.

India's 7 Most Favourite Stocks

Sep 17, 2022

Ever wondered what the most favourite stocks of India are. Read on to know if you own any...

What Next for 100 PE Stocks?

Jul 16, 2022

Investors buying into stocks with PE multiples of 100x or more have steep expectations from them.

Forget Bluechips. Try these Stocks for Great Returns.

Jun 8, 2022

Rahul Shah on why skipping Asian Paints and TCS and buying these stocks could turn out to be a better idea.

Why Asian Paints Share Price is Falling

May 27, 2022

Here's why most of the paint stocks are under intense pressure these days.

Should You Buy Asian Paints with Crude Oil @ US$100

May 17, 2022

Is Asian Paints a buy? Find out...

This is Going to be India's Decade. Here's How You Can Invest to Ride It

Mar 31, 2023

As tailwinds to Indian economy gain momentum, here's how you could cash in your ovarian lottery.

The 12 Best Oversold Stocks to Add to Your Watchlist

Feb 27, 2023

Is it finally time to get in these oversold stocks in India?

Here's Why You Should Avoid Overvalued Largecaps and Focus on Midcaps

Feb 9, 2023

I believe it doesn't make sense to buy large-cap stocks now.

Top 3 Paint Companies in India by Growth

Nov 17, 2022

These paint companies have grown their sales and profits at a faster pace than the market, in the last five years.

Why Berger Paints Share Price is Falling

Oct 22, 2022

Intensifying competition and cost inflation pressure among other reasons have had a huge impact on shares of paint companies in 2022.

Asian Paints vs Berger Paints: Which Paint Stock is Better?

Aug 5, 2022

These companies are competing head on to grab the largest pie of a Rs 500 bn market.

Best Monopoly Stocks to Own in 2022

Jun 18, 2022

Constant product innovation, latest technology, strong supply chain etc can all help companies enjoy monopoly like fortunes.

I Rejected a 17-bagger for a 5-bagger. This is Why You Should do the Same

Jun 6, 2022

Revelations from an interesting case study involving three sets of companies.

Biggest Dividend Payouts Announced so far this Year...

May 25, 2022

These stocks have the highest dividend payout ratio in financial year 2022 so far. Do you have any of them in your portfolio?

4 Takeaways from Asian Paints' Q4 Results

May 10, 2022

Asian Paints' profit was lower due to an exceptional loss of Rs 1.2 bn and expected delay in receivable subsidy from the government.