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Sales 122% 115% 125% 114% 116% 111% 105% 106% 112%

Expenses 113% 117% 127% 114% 117% 111% 101% 105% 113%
Operating Profit 184% 108% 114% 115% 115% 111% 123% 110% 107%
Net profit 210% 101% 117% 113% 109% 114% 125% 111% 105%
ASIAN PAINTS LTD SCREENER.IN

Narration Mar-09 Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18 Trailing Best Case Worst Case 1.01
Sales 5,260.12 6,433.54 7,402.91 9,231.25 10,503.91 12,220.37 13,615.26 14,271.49 15,061.99 16,824.55 17,773.42 18,793.37 18,123.74 1.14
Expenses 4,587.42 5,197.86 6,072.04 7,720.07 8,766.52 10,226.67 11,399.94 11,546.45 12,068.23 13,620.54 14,383.72 15,160.42 14,915.26 1.13
Operating Profit 672.70 1,235.68 1,330.87 1,511.18 1,737.39 1,993.70 2,215.32 2,725.04 2,993.76 3,204.01 3,389.70 3,632.95 3,208.48 1.19
Operating Profit % 12.79 19.21 17.98 16.37 16.54 16.31 16.27 19.09 19.88 19.04 19.07 19.33 17.70 1.05
Other Income 51.01 141.65 67.98 107.41 114.48 134.22 169.71 213.39 337.90 336.41 254.92 - - 1.23
Other Income % 8% 11% 5% 7% 7% 7% 8% 8% 11% 10% 8% 0% 0% 1.04
EBIDT 723.71 1,377.33 1,398.85 1,618.59 1,851.87 2,127.92 2,385.03 2,938.43 3,331.66 3,540.42 3,644.62 3,632.95 3,208.48 1.19
EBIDT % 13.76 21.41 18.90 17.53 17.63 17.41 17.52 20.59 22.12 21.04 20.51 19.33 17.70 1.05
Depreciation 74.38 83.56 113.13 121.13 154.60 245.66 265.92 275.58 334.79 360.47 366.28 366.28 366.28 1.19
Interest 32.46 36.75 25.98 43.38 42.06 47.99 42.24 49.00 37.33 41.47 39.23 39.23 39.23 1.03
Interest Coverage Ratio 20.72 33.62 51.23 34.84 41.31 41.54 52.45 55.61 80.20 77.26 86.41 92.61 81.79 1.16
Profit before tax 616.87 1,257.02 1,259.74 1,454.08 1,655.21 1,834.27 2,076.87 2,613.85 2,959.54 3,138.48 3,239.11 3,227.44 2,802.97 1.20
Profit before tax % 11.73 19.54 17.02 15.75 15.76 15.01 15.25 18.32 19.65 18.65 18.22 17.17 15.47 1.05
Tax 197.39 373.11 378.39 433.50 495.69 571.51 649.54 844.49 943.29 1,040.96 1,098.68 34% 34% 1.20
Tax % 32.00 29.68 30.04 29.81 29.95 31.16 31.27 32.31 31.87 33.17 33.92 0.01 0.01 1.00
Net profit 397.84 835.64 843.24 988.73 1,113.88 1,218.81 1,395.15 1,745.16 1,939.43 2,038.93 2,086.41 2,132.72 1,852.23 1.20
Net profit % 7.56 12.99 11.39 10.71 10.60 9.97 10.25 12.23 12.88 12.12 11.74 11.35 10.22 1.05
EPS 4.15 8.71 8.79 10.31 11.61 12.71 14.54 18.19 20.22 21.26 21.75 22.23 19.31 1.20
Price to earning 20.57 23.60 29.54 32.66 40.41 41.76 55.54 47.92 53.24 54.74 64.38 64.38 42.22 1.11
Price 85.33 205.61 259.71 336.67 469.32 530.67 807.85 871.89 1,076.53 1,163.62 1,400.45 1,431.53 815.22 1.34
#DIV/0!
RATIOS: #DIV/0!
Dividend Payout 42.19% 30.99% 36.40% 38.81% 39.61% 41.71% 41.94% 41.22% 50.94% 40.93% 1.00
OPM 12.79% 19.21% 17.98% 16.37% 16.54% 16.31% 16.27% 19.09% 19.88% 19.04% 19.07% 1.05

Price/Sales 1.62%
TRENDS: 10 YEARS 7 YEARS 5 YEARS 3 YEARS RECENT BEST WORST
Sales Growth 13.79% 12.44% 9.88% 7.31% 11.70% 11.70% 7.31%
OPM 17.70% 17.86% 18.24% 19.33% 19.07% 19.33% 17.70%
Price to Earning 42.22 48.83 52.93 55.07 64.38 64.38 42.22
Sales 103% 104% 101% 98% 112% 100% 105%
Expenses 108% 103% 103% 98% 110% 97% 108%
Operating Profit 86% 107% 94% 94% 120% 111% 94%
Net profit 90% 94% 99% 92% 135% 96% 87%
ASIAN PAINTS LTD SCREENER.IN

Narration Jun-16 Sep-16 Dec-16 Mar-17 Jun-17 Sep-17 Dec-17 Mar-18 Jun-18 Sep-18
Sales 3,587.02 3,709.47 3,857.09 3,908.41 3,815.22 4,265.23 4,260.52 4,483.58 4,390.27 4,639.05
Expenses 2,770.86 3,004.06 3,100.07 3,200.58 3,149.85 3,464.10 3,369.34 3,643.65 3,515.83 3,854.90
Operating Profit 816.16 705.41 757.02 707.83 665.37 801.13 891.18 839.93 874.44 784.15
Other Income 73.78 84.75 68.86 84.19 89.89 136.09 66.18 44.25 73.11 71.38
Depreciation 84.43 83.28 84.49 82.59 90.52 88.91 89.60 91.44 90.50 94.74
Interest 6.25 5.89 9.04 8.82 7.96 8.77 9.21 9.13 8.77 12.12
Profit before tax 799.26 700.99 732.35 700.61 656.78 839.54 858.55 783.61 848.28 748.67
Tax 259.25 220.00 243.04 221.00 216.04 245.88 291.34 287.70 276.97 242.67
Net profit 552.56 494.76 466.21 462.22 427.41 575.89 554.64 480.99 558.02 492.76

OPM 23% 19% 20% 18% 17% 19% 21% 19% 20% 17%
ASIAN PAINTS LTD SCREENER.IN

Narration Mar-09 Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18
Equity Share Capital 95.92 95.92 95.92 95.92 95.92 95.92 95.92 95.92 95.92 95.92
Reserves 1,107.25 1,614.06 2,091.50 2,652.58 3,288.37 3,943.30 4,646.44 6,429.63 7,507.97 8,314.31
Total Shareholder Funds 1,203.17 1,709.98 2,187.42 2,748.50 3,384.29 4,039.22 4,742.36 6,525.55 7,603.89 8,410.23
Borrowings 308.62 229.23 233.43 341.11 250.96 249.15 418.17 323.29 560.34 533.43
Other Liabilities 1,352.17 1,876.18 2,222.63 2,654.52 3,189.97 3,829.82 3,820.62 3,775.66 4,308.44 4,896.99
Total 2,863.96 3,815.39 4,643.48 5,744.13 6,825.22 8,118.19 8,981.15 10,624.50 12,472.67 13,840.65
Debt/Equity Ratio 0.26 0.13 0.11 0.12 0.07 0.06 0.09 0.05 0.07 0.06
Current Ratio 1.15 0.86 1.13 1.13 1.11 0.89 0.95 0.96 1.13 0.98
Net Block 863.58 909.55 1,309.87 1,300.55 2,440.97 2,561.58 2,660.04 3,416.35 3,303.74 3,732.24
Capital Work in Progress 92.11 407.23 43.32 617.08 59.21 71.60 196.00 106.59 257.54 1,405.11
Investments 78.40 624.11 428.97 354.74 295.68 1,423.55 1,587.79 2,712.13 2,651.99 2,140.70
Other Assets 1,829.87 1,874.50 2,861.32 3,471.76 4,029.36 4,061.46 4,537.32 4,389.43 6,259.40 6,562.60
Total 2,863.96 3,815.39 4,643.48 5,744.13 6,825.22 8,118.19 8,981.15 10,624.50 12,472.67 13,840.65

Working Capital 477.70 -1.68 638.69 817.24 839.39 231.64 716.70 613.77 1,950.96 1,665.61
Debtors 571.92 542.52 573.10 781.25 980.88 1,110.30 1,182.07 1,186.84 1,446.60 1,730.63
Inventory 768.95 955.88 1,305.43 1,598.89 1,830.29 2,069.86 2,258.52 1,998.24 2,626.94 2,658.31

Debtor Days 39.69 30.78 28.26 30.89 34.08 33.16 31.69 30.35 35.06 37.55
Inventory Turnover 6.84 6.73 5.67 5.77 5.74 5.90 6.03 7.14 5.73 6.33

Return on Equity 33% 49% 39% 36% 33% 30% 29% 27% 26% 24%
Return on Capital Emp 30% 86% 43% 45% 33% 42% 38% 40% 33% 33%
ASIAN PAINTS LTD SCREENER.IN

Narration Mar-09 Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18
Cash from Operating Activity 401.91 1,063.16 762.46 709.98 1,186.79 1,402.03 1,187.69 2,242.95 1,527.33 2,113.44 12,597.74 1.20
Cash from Investing Activity -270.05 -304.18 -439.21 -385.61 -463.20 -585.99 -464.99 -866.21 -681.11 -1,556.14 -6,016.69 1.21
Cash from Financing Activity -230.37 -331.88 -334.49 -326.58 -601.00 -625.91 -576.09 -848.98 -756.43 -1,379.14 -6,010.87 1.22
Net Cash Flow -98.51 427.10 -11.24 -2.21 122.59 190.13 146.61 527.76 89.79 -821.84 570.18

Net profit 397.84 835.64 843.24 988.73 1113.88 1218.81 1395.15 1745.16 1939.43 2038.93 12,516.81 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
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COMPANY NAME ASIAN PAINTS LTD
LATEST VERSION 2.10 PLEASE
CURRENT VERSION 2.10

META
Number of shares 95.92
Face Value 1
Current Price 1400.45
Market Capitalization 134330.85

PROFIT & LOSS


Report Date Mar-09 Mar-10 Mar-11 Mar-12
Sales 5,260.12 6,433.54 7,402.91 9,231.25
Raw Material Cost 2,871.38 3,227.37 3,906.17 5,117.61
Change in Inventory 32.79 101.52 151.43 172.95
Power and Fuel 54.01 56.48 77.19 87.41
Other Mfr. Exp 628.03 740.68 845.13 985.76
Employee Cost 371.52 436.28 453.99 525.97
Selling and admin 1,062.09 1,281.34 1,482.42 1,859.57
Other Expenses -366.82 -442.77 -541.43 -683.30
Other Income 51.01 141.65 67.98 107.41
Depreciation 74.38 83.56 113.13 121.13
Interest 32.46 36.75 25.98 43.38
Profit before tax 616.87 1,257.02 1,259.74 1,454.08
Tax 197.39 373.11 378.39 433.50
Net profit 397.84 835.64 843.24 988.73
Dividend Amount 167.86 258.98 306.94 383.68

Quarters
Report Date Jun-16 Sep-16 Dec-16 Mar-17
Sales 3,587.02 3,709.47 3,857.09 3,908.41
Expenses 2,770.86 3,004.06 3,100.07 3,200.58
Other Income 73.78 84.75 68.86 84.19
Depreciation 84.43 83.28 84.49 82.59
Interest 6.25 5.89 9.04 8.82
Profit before tax 799.26 700.99 732.35 700.61
Tax 259.25 220.00 243.04 221.00
Net profit 552.56 494.76 466.21 462.22
Operating Profit 816.16 705.41 757.02 707.83
BALANCE SHEET
Report Date Mar-09 Mar-10 Mar-11 Mar-12
Equity Share Capital 95.92 95.92 95.92 95.92
Reserves 1107.25 1614.06 2091.5 2652.58
Borrowings 308.62 229.23 233.43 341.11
Other Liabilities 1352.17 1876.18 2222.63 2654.52
Total 2,863.96 3,815.39 4,643.48 5,744.13
Net Block 863.58 909.55 1309.87 1300.55
Capital Work in Progress 92.11 407.23 43.32 617.08
Investments 78.4 624.11 428.97 354.74
Other Assets 1829.87 1874.5 2861.32 3471.76
Total 2,863.96 3,815.39 4,643.48 5,744.13
Receivables 571.92 542.52 573.10 781.25
Inventory 768.95 955.88 1305.43 1598.89
Cash & Bank 210.37 105.83 626.23 624.31
No. of Equity Shares 95919779 95919779 95919779 95919779
New Bonus Shares
Face value 10 10 10 10

CASH FLOW:
Report Date Mar-09 Mar-10 Mar-11 Mar-12
Cash from Operating Activity 401.91 1,063.16 762.46 709.98
Cash from Investing Activity -270.05 -304.18 -439.21 -385.61
Cash from Financing Activity -230.37 -331.88 -334.49 -326.58
Net Cash Flow -98.51 427.10 -11.24 -2.21

PRICE: 85.33 205.61 259.71 336.67

DERIVED:
Adjusted Equity Shares in Cr 95.92 95.92 95.92 95.92
PLEASE DO NOT MAKE ANY CHANGES TO THIS SHEET

Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18


10,503.91 12,220.37 13,615.26 14,271.49 15,061.99 16,824.55
5,636.23 6,339.75 8,119.54 7,850.32 7,452.60 8,128.17
149.56 90.28 148.07 -199.33 528.60 -142.13
114.71 133.74 130.68 114.48 106.02 99.11
1,107.31 1,292.18 259.76 254.73 1,662.75 1,691.68
623.56 759.71 932.27 989.51 1,033.62 1,115.48
2,277.94 2,830.31 3,375.38 3,952.21 4,370.31 4,907.61
-843.67 -1,038.74 -1,269.62 -1,814.13 -2,028.47 -2,463.64
114.48 134.22 169.71 213.39 337.90 336.41
154.60 245.66 265.92 275.58 334.79 360.47
42.06 47.99 42.24 49.00 37.33 41.47
1,655.21 1,834.27 2,076.87 2,613.85 2,959.54 3,138.48
495.69 571.51 649.54 844.49 943.29 1,040.96
1,113.88 1,218.81 1,395.15 1,745.16 1,939.43 2,038.93
441.23 508.38 585.11 719.40 987.98 834.50

Jun-17 Sep-17 Dec-17 Mar-18 Jun-18 Sep-18


3,815.22 4,265.23 4,260.52 4,483.58 4,390.27 4,639.05
3,149.85 3,464.10 3,369.34 3,643.65 3,515.83 3,854.90
89.89 136.09 66.18 44.25 73.11 71.38
90.52 88.91 89.60 91.44 90.50 94.74
7.96 8.77 9.21 9.13 8.77 12.12
656.78 839.54 858.55 783.61 848.28 748.67
216.04 245.88 291.34 287.70 276.97 242.67
427.41 575.89 554.64 480.99 558.02 492.76
665.37 801.13 891.18 839.93 874.44 784.15
Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18
95.92 95.92 95.92 95.92 95.92 95.92
3288.37 3943.3 4646.44 6429.63 7507.97 8314.31
250.96 249.15 418.17 323.29 560.34 533.43
3189.97 3829.82 3820.62 3775.66 4308.44 4896.99
6,825.22 8,118.19 8,981.15 10,624.50 12,472.67 13,840.65
2440.97 2561.58 2660.04 3416.35 3303.74 3732.24
59.21 71.6 196 106.59 257.54 1405.11
295.68 1423.55 1587.79 2712.13 2651.99 2140.7
4029.36 4061.46 4537.32 4389.43 6259.4 6562.6
6,825.22 8,118.19 8,981.15 10,624.50 12,472.67 13,840.65
980.88 1,110.30 1,182.07 1,186.84 1,446.60 1,730.63
1830.29 2069.86 2258.52 1998.24 2626.94 2658.31
736.69 229 204.39 424.2 801.21 404.65
95919779 959197800 959197790 959197790 959197790 959197790

10 1 1 1 1 1

Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18


1,186.79 1,402.03 1,187.69 2,242.95 1,527.33 2,113.44
-463.20 -585.99 -464.99 -866.21 -681.11 -1,556.14
-601.00 -625.91 -576.09 -848.98 -756.43 -1,379.14
122.59 190.13 146.61 527.76 89.79 -821.84

469.32 530.67 807.85 871.89 1,076.53 1,163.62

95.92 95.92 95.92 95.92 95.92 95.92

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