ASIANPAINT vs INDIGOPNTS: Stock Comparison

ASIAN PAINTS vs INDIGO PAINTSUpdated 27 Aug 26, 4:08 PM ISTNSE & company filings

ASIAN PAINTS is the larger company by market capitalisation. ASIAN PAINTS shows a higher ROE, a higher dividend yield and faster revenue growth, while INDIGO PAINTS shows a lower P/E and lower leverage. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.

Metric snapshot

ASIANPAINT leads 8; INDIGOPNTS leads 5 of 13

Not a rating

Interactive comparison

Compare the numbers that shape the decision

Every row uses its own scale. Switch lenses to compare like with like.

ASIANPAINTINDIGOPNTS

Valuation lens

What price are you paying?

Market CapContext only
₹2,52,21,931.4 L Cr
₹5,572 Cr
P/E RatioINDIGOPNTS has the lower reading
52.94x
34.51x
P/B RatioINDIGOPNTS has the lower reading
11.8x
4.86x
EPSASIANPAINT has the higher reading
₹49.64
₹8.89
Book ValueContext only
₹222.81
₹242.13
Dividend YieldASIANPAINT has the higher reading
1.05%
0.31%

✓ marks the usual favourable reading; it is not a recommendation.

Key Differences

Market Cap
ASIANPAINT is the larger company
₹2,52,21,931.4 L Cr vs ₹5,572 Cr
P/E Ratio
INDIGOPNTS has a lower P/E
34.51x vs 52.94x
P/B Ratio
INDIGOPNTS has a lower P/B
4.86x vs 11.8x
EPS
ASIANPAINT has higher earnings per share
₹49.64 vs ₹8.89
Dividend Yield
ASIANPAINT has a higher dividend yield
1.05% vs 0.31%
Revenue Growth (TTM YoY)
ASIANPAINT has faster revenue growth
10.6% vs 9.7%
EPS Growth (TTM YoY)
ASIANPAINT has faster EPS growth
69.2% vs 1.3%
Qtr Sales Growth
INDIGOPNTS has stronger quarterly sales growth
-5.31% vs -12.89%

Each difference is a single, relative reading — StockeZee does not name an overall winner.

Profile

MetricASIANPAINTINDIGOPNTS
SectorConsumer DurablesConsumer Durables
IndustryPaintsPaints

Price

MetricASIANPAINTINDIGOPNTS
Live Price₹2,631₹1,170.2
Day Change0.17%-1.34%
Volume5.25 L70,872
52-Week High₹2,985.7₹1,345.9
52-Week Low₹2,115₹708.05
Distance from 52W High-11.88%-13.05%

Valuation

MetricASIANPAINTINDIGOPNTS
Market Cap₹2,52,21,931.4 L Cr₹5,572 Cr
P/E Ratio52.94x34.51x
P/B Ratio11.8x4.86x
EPS₹49.64₹8.89
Book Value₹222.81₹242.13
Dividend Yield1.05%0.31%

Growth

MetricASIANPAINTINDIGOPNTS
Revenue Growth (TTM YoY)10.6%9.7%
EPS Growth (TTM YoY)69.2%1.3%
Qtr Sales Growth-12.89%-5.31%
Qtr Profit Growth-5.2%1.59%

Profitability & Leverage

MetricASIANPAINTINDIGOPNTS
ROE20.41%12.22%
ROCE20.21%12.68%
Net Margin12.18%12%
Operating Margin19.04%14.79%
Debt to Equity0.06x0x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricASIANPAINTINDIGOPNTS
Promoter Holding52.09%53.88%
FII Holding13.32% 1.21 pp5.73% 1.68 pp
DII Holding20.77% 1.04 pp25.25% 2.25 pp
Public Holding13.2% 0.2 pp15.15% 0.56 pp

How to Read This Comparison

Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.

Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: ASIAN PAINTS and INDIGO PAINTS.

Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.