Asian Paints : is an Indian chemicals company headquartered in Mumbai, India.

It manufactures a wide range of paints for decorative and industrial use. Asian Paints is India's largest paint company and Asia's third largest paint company, with a turnover of Rs 96.32 billion. It is one of the largest paint companies in the world and operates in 17 countries.Besides Asian Paints, the group operates around the world through its subsidiaries Berger International Limited, Apco Coatings, SCIB Paints and Taubmans History 1st February, 1942 - Armed with little knowledge and great determination, Champaklal H. Choksey, Chimanlal N. Choksi, Suryakant C. Dani and Arvind R. Vakil get together to manufacture paint in a garage on Foras Road, Bombay. They name their company 'The Asian Oil & Paint Company', a name that they picked randomly from a telephone directory. 1945 - Asian Paints touches a turnover of Rs. 3,50,000, with an innovative marketing strategy "to reach consumers in the remotest corners of the country with small packs. 1954 - Asian Paints mascot, Gattu, the mischievous kid, is born. 1957 - 66 - The family-owned company makes the transition to a professionally managed organisation. British company Balmer Lawrie rejects the products of a giant British paint company in favour of Asian Paints. Asian Paints embarks on an ambitious grassroots marketing campaign, partnering with thousands of dealers in small towns all over India. 1967 - Asian Paints emerges as India's leading paint company ahead of any international competition. Today Asian paints is one of the largest paint manufacturer in the world and one of the most admired brands in India.

Major Products and Services

Asian Paints manufactures and markets industrial and decorative coatings. Along with that the company also provides home painting services and solutions. The company's key products and brands include the following: Decorative paints: Interior wall paints, Exterior wall paints, Wood surface paints, Metals surface paints. Industrial coatings: Protective coatings, Floor coatings, Road markings. Ancillaries: Wall primer, Acrylic Wall Putty, Exterior Wall Putty, Wood Primer. Asian paints made a foray in automotive paints in the year 1997 with a joint venture with PPG Industries. The joint venture is called PPG Asian paints.The company manufactures body coatings and plastic coatings. Paint brands owned by the company are: Ace & Apex, Apcolite, Apex, Apex Ultima, Asian Paints, Colour Next, Premium Gloss Enamel, Royale, Royale Play, Touchwood, Tractor Emulsion, Utsav. Company Asian Paints Berger Paints India Kansai Nerolac Paint Akzo Nobel India Shalimar Paints Bombay Paints Hardcastle&Waud Mfg Sales (Rs.Million) 79641.60 26621.00 P/E Ratio 40.07 32.19

26005.72 19878.00 4864.49

27.28 21.03 15.16

408.47 149.88 20.23 2.28

Jenson & Nicholson SIL Business Killick Nixon

532.43 0.00 41.33

0.00 0.00 0.00

Sarika Paints

63.42

0.00

Asian Paints Limited operates in decorative coatings and industrial coatings segments across India and in Asia, Middle East, Caribbean and South Pacific Islands through its subsidiaries and joint ventures. It operates in 17 countries and has 24 paint manufacturing facilities globally servicing consumers in over 65 countries. In decorative paints, it operates in four segments, such as interior wall finishes, exterior wall finishes, enamels and wood finishes. It also offers Colour Worlds (Dealer Tinting Systems), Home Solutions (painting solutions Service), Kids World (painting solutions for kid's room), Colour Next (Prediction of Colour Trends through indepth research) and Royale Play Special Effect Paints. It offers products, such as Phthalic Anhydride and Pentaerythritol, which are used in the paint manufacturing process. It also operates through Asian PPG Industries Limited (APPG) (50:50 joint venture between Asian Paints and PPG Inc) to service the automotive coatings market.
Full Overview of ASPN.BO

COMPANY ADDRESS Asian Paints Ltd

Asian Paints House

6A, Shantinagar, Santacruz (E) Santacruz (E) MUMBAI 400055 P: +9122.39818000 F: +9122.39818888

COMPANY WEB LINKS

Home Page News Releases Investor Relations Financial Information Corporate History/Profile Executives Products/Services Employment Opportunities

OFFICERS & DIRECTORS

Name Compensation

Ashwin Choksi

2,885,000

K. B. S. Anand

--

Ashwin Dani

2,285,000

Jayesh Merchant

--

M. Sharma More Officers & Directors

--

ASIAN PAINTS LTD NEWS

Morgan Stanley starts Asian Paints at 'overweight' 17 Jan 2013 MARKET EYE-Morgan Stanley starts India's Asian Paints at 'overweight' 17 Jan 2013 Nomura downgrades Asian Paints, sees no swift rebound 02 Aug 2012 MARKET EYE-Nomura downgrades Asian Paints, sees no swift rebound 02 Aug 2012 More ASPN.BO News

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