Are you trying to know the share price target/prediction regards Asian Paints Ltd for the upcoming years 2022, 2023, 2024, 2025, and 2030? so here after doing research, we will teach you more information about this share such as company financial growth, cash management, cash conversation cycle, sales growth, and profit growth so that after reading this article you may be satisfied.
Asian Paint is a multinational company that deals in the field of paints, coatings, products related to home décor, bath fittings, and other services related to these things. The company generated more revenue maximum than other companies which engaged in these services. They have a considerable presence in the Indian Subcontinent and the Middle East too. The CEO of Asian Paints is Amit Single.
Asian Paints Ltd Quarterly Report Analysis
When we go through, the June quarter of the financial year 2021, the Company made net sales of around Rs.4.785.91 Cr. and made a profit of around Rs.595.86 Cr. after giving all the taxes. In the September quarter of the financial year, 2021 company made sales of Rs.6,151.85 Cr. and make a profit of around Rs.618.63 Cr. And in the December quarter of the same year that is 2021 company made sales of Rs.7,491.13 Cr. and make a profit of Rs.1,020.26 Cr. After paying all the taxes as govt. norms we can see an increase in the profit amount from last quarter which is a good sign for a specific company and tell us about the present strength of the company that how they rule the market in a specific sector.
In the March quarter of 2022 company made sales of around Rs.6,759.62 Cr. and make a profit of about Rs.899.96 Cr. which is pretty much lower than compared other quarters when we go behind that reason we find that Asian Paints invest their profit amount of previous quarter in purchasing new technologies which help them to grow their business more efficiently. In the June quarter of the year, 2022 company make sales of around Rs.7,586.23 Cr. making a profit after paying tax is about Rs.1,017.28 Cr.
Asian Paints Ltd Annual Report Analysis
The company make net sales of Rs.12,722.76 Cr. in 2017 till the month of March by which they make a profit of around Rs.1,801.72 Cr. In the following year which is 2018, till the month of march the company makes net sales of about Rs.14,153.71 Cr. by which they make a profit of about Rs.1,894.80 Cr. after paying all the taxes to government bodies.
In the year 2019, till the Month of March Company make net sales of around Rs.16,391.78 Cr. by which the company made a profit of about Rs.2,132.17 Cr. In the following year 2020 till the month of March, they make sales of Rs.17,194.09 Cr. by which the company made a profit of about Rs.2,653.95 Cr. In the Year 2021, till the month of March Company’s net sales of around Rs.18,516.86 Cr. by which they made a profit of Rs.3,052.51 Cr. the same as in the year 2022, the company has made net sales of around Rs.25,188.51 Cr. whether the net profit was Rs.3,134.71 Cr. after paying all the taxes.
Asian Paints Ltd Balance Sheet Analysis
In the year 2017 Asian Paint invested around Rs.1,598.20 Cr. and the Current Assets of Asian Paints are around Rs.5,430.20 Cr. and total assets of Asian Paints available at that time in 2017 were around Rs.10,358.03 Cr. In the following year, 2018 Company invested around Rs.1,547.33 Cr. and Current Assets of Asian Paints are about Rs.5,501.09 Cr. and the total assets of that company were available at that time in 2018 is around Rs.1,1587.93 Cr. In the year 2019 Asian Paints invested around Rs.1,817.37 Cr. and the Current Assets of Asian Paint are about Rs.6,053.35 Cr. and total assets of the company available at that time is around Rs.13,682.89 Cr.
In 2020 Company invested around Rs.2,225.58 Cr. with the Current Assets of Asian Paint in the year 2020 being about Rs.5,825.70 Cr. as well as total assets of the company available at that time in 2020 are around Rs.13,587.62 Cr. In the financial year, 2021 Company invest around Rs.2,161.94 Cr. And Current Assets of Asian Paints are about Rs.9,956.54 Cr. And total assets of the company available at that time is around Rs.17,582.67 Cr. in another year March 2022, it invested around Rs.1,646.25 Cr. where the total assets were Rs.19,908.33 Cr.
We are trying to predict a possible target that the shares of Asian Paints can cross in the upcoming years. It is based upon different tools and terms which include retracement, support, and resistance. So the predicted targets are given below.
|Year||Target Of Asian Paints Ltd|
For next year which is 2022, we will try to predict two possible targets which the shares of Asian Paints can surpass the first target which they can be found in the year is around Rs.3,923 and after getting that shares prices for Asian Paints they show some downtrend but it will recover smoothly from that and second possible target which the shares of Asian Paint can get is about Rs.4,605.
When we will do analyzing to predict the possible target for the year 2023 we can find the first possible target which the shares of Asian Paints can attain in mid-2023 is about Rs.5,347 and the second possible target for the shares of Asian Paint which they can attain after showing some downtrend at the end of 2023 is about Rs.5,925.
We can predict first share price target for the shares of Asian Paints in the year 2024 is around Rs.6,563 then as every share price after attaining its high they will show some downtrend in the year 2024 after that they again show a positive trend in the same year and go uptrend so we can predict second possible target for the shares of Asian Paints is around Rs.7,319.
In the year 2025 we can set the first possible target for the shares of Asian Paints which they can attain is about Rs.7,853 after attaining these values they will again show downtrend movement and share prices of this company will go down for a while and after some time in that same year they will again move uptrend and we will predict second possible target which the shares of Asian Paints can found is around Rs.8,535.
By the end of this decade, Asian Paints will be the highest revenue-generating company in India in the paints manufacturing Sector and Company collaboration with other ventures will help them in a long run. So we predict the first possible target which they can attain in the year 2030 is around Rs.19,380 and the second possible target that they can attain by the end of this decade is about Rs.23,932.
In this post, we learned analysis of Asian Paints Ltd’s share price target for the years 2022 to 2030. We tried to include every aspect in our article which is really essential to know before investing in any specific share.
I am going to tell you why you need to think about investing in the share Asian Paints Ltd for the future.
- Largest paint company in India.
- Operates in 19 countries.
- Dedicated research and technology facility with over 150 scientists.
- Strong distribution and Logistics network.
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