Paints stocks in India
Every listed paints company on NSE and BSE in our database, largest first, with its valuation, profitability, latest quarterly growth, one-year return and next results date.
There are 12 listed companies in the Paints industry on NSE and BSE in our database, 10 of them with full financials.
The largest by market capitalisation are Asian Paints Limited (₹221,159 Cr), Berger Paints (I) Limited (₹54,377 Cr), Kansai Nerolac Paints Limited (₹14,655 Cr).
Among the 7 companies worth more than ₹500 Cr, the median P/E of the profitable ones is 32.2 and the median return on equity is 14.1%.
Fastest sales growth in the latest quarter (year on year, above ₹500 Cr): Indigo Paints +20%, Asian Paints +18%, Sirca Paints +14%.
Next to report results: Shalimar Paints on 28 Oct, Asian Paints on 29 Oct, Indigo Paints on 30 Oct.
Paints companies by market cap
| # | Company | Market cap | P/E | ROE | Qtr sales YoY | Qtr profit YoY | Return 1Y | Next results |
|---|---|---|---|---|---|---|---|---|
| 1 | Asian Paints LimitedASIANPAINT | ₹221,159 Cr | 46.09 | 22.4% | +18.1% | +41.8% | -4.3% | 29 Oct |
| 2 | Berger Paints (I) LimitedBERGEPAINT | ₹54,377 Cr | 44.65 | 17.6% | +12.0% | +28.6% | -12.5% | 05 Nov |
| 3 | Kansai Nerolac Paints LimitedKANSAINER | ₹14,655 Cr | 24.89 | 8.8% | +9.8% | +5.9% | -26.1% | 04 Nov |
| 4 | Indigo Paints LimitedINDIGOPNTS | ₹4,840 Cr | 29.75 | 14.1% | +19.6% | +60.4% | -1.6% | 30 Oct |
| 5 | Sirca Paints India LimitedSIRCA | ₹2,332 Cr | 34.74 | 14.1% | +13.8% | +12.6% | -18.1% | — |
| 6 | JSW Dulux LimitedJSWDULUX | ₹1,305 Cr | 0.67 | — | -3.0% | -12.4% | -15.4% | 04 Nov |
| 7 | Shalimar Paints LimitedSHALPAINTS | ₹648 Cr | — | -27.6% | -10.1% | -26.0% | -2.7% | 28 Oct |
| 8 | Kamdhenu Ventures LimitedKAMOPAINTS | ₹125 Cr | — | -2.8% | -7.9% | -605.6% | -52.8% | 30 Oct |
| 9 | Siddhika Coatings LimitedSIDDHIKA | ₹123 Cr | 11.83 | 22.1% | +10.1% | +30.5% | — | — |
| 10 | Mcon Rasayan India LimitedMCON | ₹30 Cr | 9.72 | 8.4% | +26.3% | +76.5% | — | — |
| 11 | Akzo Nobel India LimitedAKZOINDIA | — | — | — | — | — | — | — |
| 12 | Retina Paints LtdBSE: 543902 | — | — | — | — | — | — | — |
P/E "n/m" means the company made a loss over the last four quarters. Quarterly growth compares the latest quarter with the same quarter a year earlier. "—" means the figure is not available.
Upcoming paints results
Frequently asked questions
Which are the largest paints stocks in India?
By market capitalisation: Asian Paints Limited (₹221,159 Cr), Berger Paints (I) Limited (₹54,377 Cr), Kansai Nerolac Paints Limited (₹14,655 Cr), Indigo Paints Limited (₹4,840 Cr), Sirca Paints India Limited (₹2,332 Cr).
How many paints companies are listed in India?
12 companies listed on NSE and BSE are classified in the Paints industry on this page, which merges the exchanges' and data vendors' labels for the same business.
What is the average P/E of paints stocks?
The median P/E of profitable paints companies worth more than ₹500 Cr is 32.2, based on trailing-twelve-month profit and the latest close.
When do paints companies announce their results?
Upcoming board meetings for results: Shalimar Paints Limited on 28 Oct 2026; Asian Paints Limited on 29 Oct 2026; Indigo Paints Limited on 30 Oct 2026; Kamdhenu Ventures Limited on 30 Oct 2026; Kansai Nerolac Paints Limited on 04 Nov 2026.
