2. INTRODUCTION
Asian Paints Group started in Bombay (now Mumbai) ,India in 1942
Asian Paints Limited is an Indian chemicals company headquartered in Mumbai, India.Asian Paints is
India's largest paint company
Asian Paints is India's largest paint company andAsia's third largest paint company. Ranked among the
top ten Decorative coatings companies in the world
Asian Paints along with its subsidiaries have operations in 17 countries across the world
Consist of 23 paint manufacturing facilities
3. History
1942-1965
• Company stated its
business
• The mischievous kid
was born
• Name was Asian
Paints
1967-1985
• India's leading paint
company
• Converted intoa public
limited company
• Entered into a
collaboration
agreement
1990- Present
• Spreads it
boundary
• Completed 70 years
• 5th largest decorative
paint company in the
world
• Admired companies in India
• Market leader of
paint industry
4. Board of
Directors
Mr. Deepak Satwalekar Chairman & Ind.Director
Mr.Milind Sarwate Independent Director
Mrs.Vibha Paul Rishi Independent Director
Mr. Seshasayee Independent Director
Mrs.Pallavi Shroff Independent Director
Mr. Suresh Narayanan Independent Director
Mr.Amit Syngle Managing Director & CEO
Ms.Nehal Vakil Non Executive Director
Mr.Malav Dani Non Executive Director
Mr.Ashwin Dani Non Executive Director
Ms.Amrita Vakil Non Executive Director
Mr.Jigish Choksi Non Executive Director
Mr. Manish Choksi Vice Chairman & Non Exe.Diretor
5. Product & Service
Decorative – under this segment it offers Painting Guide, Painting Solution, Paint Calculator and Paint Selector as
value added decorative service.
Industrial – Asian Paints offers 4 types of industrial coatings such as -
Protective Coatings – protects steel and concrete structures from the corrosive action of harsh climates, pollution,
sea spray, acids, oils and solvents.
Road Markings – are used as road markers for lane as indicator of lane separation and also as safety markers. They
include ordinary road marking paint, hot applied retro-reflective thermoplastic material and retro-reflective water
borne paints.
Powder Coatings – is used to enhance the performance of Industrial paints.
Floor Coatings – such paints protects the floor surface and prevents crack formation, insect nest formation, water
seepage etc.
Automotive – It includes wide range of motor bikes and car paints.
6. Financial Performance (2018-2022)
MAR22 MAR 21 MAR 20 MAR 19 MAR 18
TOTAL REVENUE 25,002.09 18,280.06 17,025.61 16,209.44 14,329.17
TOTAL EXPENSES 21,392.53 14,793.21 14,105.40 13,506.34 11,579.53
PROFIT/LOSS BEFORE
TAX
4,194.14 4,089.67 3,413.03 3,170.25 2,865.83
PROFIT/LOSS AFTER TAX 3,134.71 3,051.80 2,653.95 2,132.17 1,894.80
PROFIT & LOSS ACCOUNT OF ASIAN PAINTS (IN RS. CR.)
