Top 10 Paint Companies In India In 2022

Here is the list of top 10 Paint Companies In India which is sorted out based on the total Sales -

1. Asian Paints Ltd

• Total Sales: Rs 22,044 Cr
• ROE: 23.98%
• Sales Growth: 10.66%
• Promoter holding: 52.79%
• Debt to equity: 0.03
• Price to book value: 16.56

2. Berger Paints India Ltd

• Total Sales: Rs 6,869 Cr
• ROE: 21.00%
• Sales Growth: 12.80&
• Promoter holding: 75.00%
• Debt to equity: 0.40
• Price to book value: 18.9

3. Kansai Nerolac Paints Ltd

• Total Sales: Rs 5793 Cr
• ROE: 13.38%
• Sales Growth: 12.92%
• Promoter holding: 74.99%
• DEbt to equity: 0.05
• Price to book value: 7.89

4. Akzo Nobel India Ltd

• Total Sales: Rs 2,842 Cr
• ROE: 15.97%
• Sales Growth: 3.40%
• Promoter holding: 74.76%
• Debt to equity: 0.07
• Price to book value: 7.93

5. Indigo Paints

• Total Sales: Rs 726 Cr
• ROE: 18.6%
• Promoter holding: 54.0%
• Debt to equity: 0.02

6. Nippon Paint (India) Private Limited

• Total Sales: Rs Over 500 Cr

7. Shalimar Paints Ltd

• Total Sales: Rs 332 Cr
• ROE: -29.76%
• Sales Growth: -9.17 %
• Promoter holding: 53.10%
• Debt to equity: 0.45
• Price to book value: 1.40

8. Sirca Paints India Ltd

• Total Sale: Rs 157 Cr
• ROCE: 11.3%
• 5Y Avg ROE: 26.6%