ASIANPAINT vs RELIANCE: Stock Comparison

Asian Paints Ltd vs Reliance Industries LtdUpdated 24 Aug 26, 9:35 AM ISTNSE & company filings

Reliance Industries Ltd is the larger company by market capitalisation. Asian Paints Ltd shows a higher ROE, a higher dividend yield and lower leverage, while Reliance Industries Ltd shows a lower P/E and faster revenue growth. 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; RELIANCE leads 5 of 13

Not a rating
These companies operate in different sectors (Consumer Durables vs Oil Gas & Consumable Fuels). Valuation and leverage norms differ across sectors, so cross-sector ratio comparisons can mislead — compare each against its own sector peers too.

Interactive comparison

Compare the numbers that shape the decision

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

ASIANPAINTRELIANCE

Valuation lens

What price are you paying?

Market CapContext only
₹2.53 L Cr
₹17.81 L Cr
P/E RatioRELIANCE has the lower reading
53.14x
23.8x
P/B RatioRELIANCE has the lower reading
11.85x
1.97x
EPSRELIANCE has the higher reading
₹49.63
₹55.27
Book ValueContext only
₹222.81
₹668.05
Dividend YieldASIANPAINT has the higher reading
1.04%
0.46%

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

Key Differences

Market Cap
RELIANCE is the larger company
₹17.81 L Cr vs ₹2.53 L Cr
P/E Ratio
RELIANCE has a lower P/E
23.8x vs 53.14x
P/B Ratio
RELIANCE has a lower P/B
1.97x vs 11.85x
EPS
RELIANCE has higher earnings per share
₹55.27 vs ₹49.63
Dividend Yield
ASIANPAINT has a higher dividend yield
1.04% vs 0.46%
Revenue Growth (TTM YoY)
RELIANCE has faster revenue growth
12.5% vs 10.6%
EPS Growth (TTM YoY)
ASIANPAINT has faster EPS growth
69.2% vs -12.6%
Qtr Sales Growth
RELIANCE has stronger quarterly sales growth
12.5% vs 10.6%

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

Profile

MetricASIANPAINTRELIANCE
SectorConsumer DurablesOil Gas & Consumable Fuels
IndustryPaintsRefineries & Marketing

Price

MetricASIANPAINTRELIANCE
Live Price₹2,625.3₹1,313.3
Day Change-0.56%-0.21%
Volume36,4846.38 L
52-Week High₹2,985.7₹1,611.8
52-Week Low₹2,115₹1,249.8
Distance from 52W High-12.07%-18.52%

Valuation

MetricASIANPAINTRELIANCE
Market Cap₹2.53 L Cr₹17.81 L Cr
P/E Ratio53.14x23.8x
P/B Ratio11.85x1.97x
EPS₹49.63₹55.27
Book Value₹222.81₹668.05
Dividend Yield1.04%0.46%

Growth

MetricASIANPAINTRELIANCE
Revenue Growth (TTM YoY)10.6%12.5%
EPS Growth (TTM YoY)69.2%-12.6%
Qtr Sales Growth10.6%12.5%
Qtr Profit Growth43.8%-12.6%

Profitability & Leverage

MetricASIANPAINTRELIANCE
ROE21.8%8.91%
ROCE26.3%10.3%
Net Margin12.18%7.64%
Operating Margin18.8%17%
Debt to Equity0.18x0.45x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricASIANPAINTRELIANCE
Promoter Holding52.09%50.48% 0.48 pp
FII Holding13.32% 1.21 pp17.2% 1.47 pp
DII Holding20.77% 1.04 pp21.19% 0.64 pp
Public Holding13.2% 0.2 pp11.04% 0.35 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 Ltd and Reliance Industries Ltd.

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.