Asian Paints Share Price Prediction 2027: Scenario Targets, Valuation and Technical Outlook

The Asian Paints share price forecast comes down to earnings growth and the multiple investors pay for it, and the reported numbers give a measured answer. The stock trades at Rs 2,356.40 on NSE as of 9 October 2026, 21.1% below its 52-week high of Rs 2,985.70, after the company reported net profit of Rs 4,394.69 crore for FY26.

This Asian Paints stock forecast 2027 builds conservative, base and bull scenarios from exchange-reported financials, shareholding data and daily price indicators, with every assumption shown.

Click Here – Get Free Investment Predictions

Asian Paints Share Price Today and Key Data

The Asian Paints share price today is Rs 2,356.40 on NSE, up 1.94% on the day. The market capitalisation stands at Rs 2,22,812 crore. Over the past year the price has risen 0.9% from Rs 2,336.40. Every Asian Paints stock forecast figure below starts from this price.

Metric	Value
Company	Asian Paints (ASIANPAINT)
Current Price	Rs 2,356.40
52-Week High	Rs 2,985.70 (4 December 2025)
52-Week Low	Rs 2,115.00 (23 March 2026)
Market Cap	Rs 2,22,812 crore
PE Ratio	46.06
Industry PE	43.19
PB Ratio	10.43
EPS (TTM)	Rs 50.43
Return on Equity	20.24%
Debt to Equity	0.18
Dividend Yield	1.18%
Book Value per Share	Rs 222.81

What Is the Asian Paints Share Price Prediction for 2027?

The Asian Paints share price prediction for 2027 is a conservative case of Rs 2,576, a base case of Rs 2,677 and a bull case of Rs 2,779. Against Rs 2,356.40, these imply 9.3% upside, 13.6% upside and 17.9% upside. They are model scenarios built from reported EPS growth, not broker targets.

Scenario	EPS Growth Basis	EPS Estimate	PE Multiple	Implied Value	Upside vs Current Price
Conservative Case	Lower of FY26 growth (17.9%) and 4-year CAGR (9.3%)	Rs 55.13 (+9.3%)	Unchanged from today (price to EPS ratio kept constant)	Rs 2,576	+9.3%
Base Case	Average of the two	Rs 57.30 (+13.6%)	Unchanged from today (price to EPS ratio kept constant)	Rs 2,677	+13.6%
Bull Case	Higher of the two	Rs 59.47 (+17.9%)	Unchanged from today (price to EPS ratio kept constant)	Rs 2,779	+17.9%

Each target takes today's price of Rs 2,356.40 and scales it by the EPS growth assumed for that case, which is the same as holding the PE multiple constant. The conservative case uses the lower of the FY26 EPS growth and the 4-year EPS CAGR, the base case uses their average and the bull case uses the higher figure. Together they form the Asian Paints target price range for the FY27 outlook over the next 12 months, and the range is not a point estimate.

Asian Paints Share Price Forecast: What Has to Go Right by 2027

Each Asian Paints target price below depends on a specific EPS outcome, and the text states that outcome next to the number.

Conservative Case for the Asian Paints Share Price Target: Rs 2,576

Reaching Rs 2,576 needs EPS to rise 9.3% to Rs 55.13 while the stock keeps its current PE multiple. That follows the slower 4-year EPS CAGR of 9.3%.

Base Case for the Asian Paints Share Price Target: Rs 2,677

Reaching Rs 2,677 needs EPS to rise 13.6% to Rs 57.30, the average of the FY26 growth rate and the 4-year CAGR. Net profit growth of 39.6% in Q1 FY27 is at or above that pace, which supports the target.

Bull Case for the Asian Paints Share Price Target: Rs 2,779

Reaching Rs 2,779 needs EPS to rise 17.9% to Rs 59.47 with the PE multiple held at today's level. That sits inside the 52-week range of Rs 2,115.00 to Rs 2,985.70. A daily close above the nearest resistance level of Rs 2,504.16 (Supertrend) would be the first technical confirmation.

Asian Paints Financial Performance: Revenue, Profit and Margins

Asian Paints earned net profit of Rs 4,394.69 crore on revenue of Rs 36,307.34 crore in FY26, with profit up 18.5% and revenue up 5.3% compared with FY25. Diluted EPS was Rs 45.11 against Rs 38.25 a year earlier, and that earnings base anchors the Asian Paints share price forecast.

Year	Revenue (Rs Cr)	Net Profit (Rs Cr)	EPS (Rs)	Operating Margin	Net Margin
FY22	29,481.29	3,084.81	31.59	17.52%	10.46%
FY23	34,875.07	4,195.33	42.82	19.40%	12.03%
FY24	36,182.69	5,557.69	56.94	23.68%	15.36%
FY25	34,478.23	3,709.71	38.25	18.75%	10.76%
FY26	36,307.34	4,394.69	45.11	20.87%	12.10%

In the latest reported quarter, Q1 FY27 (quarter ended June 2026), revenue was Rs 10,782.79 crore against Rs 9,131.34 crore a year earlier (+18.1%), and the bottom line was a net profit of Rs 1,559.45 crore against a net profit of Rs 1,117.05 crore (+39.6%). Operating margin was 23.26% versus 20.78% in the year-ago quarter. Cash flow from operations was Rs 7,088.18 crore in FY26 against Rs 4,423.96 crore in FY25. Together these figures set the earnings base for the Asian Paints share price prediction.

Check the Univest Screener for live Asian Paints fundamentals

Is Asian Paints Overvalued or Undervalued Right Now?

Asian Paints trades at a PE of 46.06 against an industry PE of 43.19, which places the stock at a 6.6% premium to the industry average. The price-to-book ratio is 10.43 on a book value of Rs 222.81 per share. Return on equity of 20.24% means the company earns Rs 20.24 of profit for every Rs 100 of shareholder equity.

Debt to equity is 0.18, so borrowings equal about 18% of shareholder equity. The company declared a dividend of Rs 27.50 per share for FY26, a yield of 1.18% at the current price. This valuation context frames the Asian Paints stock price prediction for 2027 without relying on any outside forecast.

Asian Paints Stock Analysis: Technical Outlook

Asian Paints stock trades below its 50-day SMA of Rs 2,560.24 and below its 200-day EMA of Rs 2,547.83, and the combined daily indicators read bearish. The 52-week high of Rs 2,985.70 was set on 4 December 2025, while the 52-week low of Rs 2,115.00 came on 23 March 2026.

Indicator	Reading	Signal
RSI (14)	39.26	Weak momentum
MACD (12,26,9)	-53.64 vs signal -52.99	Bearish
ADX (14)	46.76	Established trend
Supertrend (10,3)	Price below Rs 2,504.16	Bearish
50-day SMA	Rs 2,560.24	Price below
200-day EMA	Rs 2,547.83	Price below

The nearest support level sits at Rs 2,115.00 (52-week low). The nearest resistance level sits at Rs 2,504.16 (Supertrend) and Rs 2,547.83 (200-day EMA). A sustained move above the nearest resistance would support the Asian Paints share price prediction 2027 base case, and this Asian Paints stock analysis uses daily candles only. Chart signals add context to the Asian Paints share price target without changing the earnings maths.

Asian Paints Shareholding Pattern

Promoters hold 52.63% of Asian Paints as of Jun 2026, unchanged across the last 5 quarters. FII holding is 13.32% (up from 11.85% in Jun 2025) and DII holding is 20.77% (down from 21.04% in Jun 2025), which puts combined institutional holding at 34.09%. Public shareholders own 13.28%. Shareholding data is one input for any Asian Paints stock forecast.

Key Risks to the Asian Paints Share Price Target for 2027

Earnings and Margin Risk

Operating margin has ranged from 17.52% to 23.68% between FY22 and FY26, so a slip toward the lower end would trim the EPS estimate behind the Asian Paints stock forecast. Revenue was up 5.3% in FY26, and slower revenue growth would weigh on the profit path.

Size and Liquidity Risk

Market capitalisation stands at Rs 2,22,812 crore. Investors should check daily traded volumes and order book depth on NSE before sizing a position, because price moves can be sharper when volumes thin out. Liquidity is a practical constraint on any Asian Paints stock price target.

Balance Sheet Risk

Debt to equity of 0.18 means borrowings stand at about 18% of shareholder equity. A rise in borrowing costs or a jump in debt would weigh on profit and on the multiple behind the Asian Paints share price forecast.

Technical Risk

The daily indicators read bearish, so the targets above may need a technical turn before the price follows earnings. A daily close below Rs 2,115.00 (52-week low) would weaken the setup further.

Conclusion

This Asian Paints stock analysis puts the share price target range for 2027 at Rs 2,576 to Rs 2,779, with a base case of Rs 2,677 against Rs 2,356.40 today. The inputs are a PE of 46.06 that sits at a 6.6% premium to the industry average, EPS growth of 17.9% in FY26 and a daily technical setup that reads bearish. The next quarterly result will show which scenario is gaining ground. This analysis is educational, so consult a SEBI-registered advisor before acting on it.

Download the Univest iOS App or Univest Android App to track Asian Paints live price and get daily stock recommendations.

Frequently Asked Questions on Asian Paints Share Price Prediction 2027

What is the Asian Paints share price target for 2027?

Ans. The Asian Paints share price forecast for 2027 has a conservative case of Rs 2,576, a base case of Rs 2,677 and a bull case of Rs 2,779. These are model scenarios based on reported EPS growth, and they are not guaranteed outcomes.

What is the Asian Paints share price today?

Ans. Asian Paints trades at Rs 2,356.40 on NSE as of 9 October 2026, up 1.94% on the day. The 52-week range is Rs 2,115.00 to Rs 2,985.70.

Is Asian Paints a good stock to buy for 2027?

Ans. The data points in different directions: the PE of 46.06 is at a 6.6% premium to the industry average, EPS grew 17.9% in FY26 and the daily technical setup reads bearish. This article does not constitute investment advice, so consult a SEBI-registered advisor before deciding.

Can Asian Paints stock reach Rs 2,779 in 2027?

Ans. Reaching Rs 2,779 needs EPS to rise 17.9% from Rs 50.43 with the PE multiple held at today's level, plus a daily close above Rs 2,504.16 (Supertrend). This is a scenario, not a guarantee.

What are the support and resistance levels for Asian Paints?

Ans. The nearest support levels are Rs 2,115.00 (52-week low), and the nearest resistance levels are Rs 2,504.16 (Supertrend) and Rs 2,547.83 (200-day EMA).

What are the main risks for Asian Paints stock in 2027?

Ans. The main risks to the Asian Paints share price forecast are a fall in operating margin from the 17.52% to 23.68% range seen since FY22, slower revenue growth after FY26 revenue was up 5.3%, and thin trading volumes. Debt to equity of 0.18 adds balance sheet sensitivity.

How is the Asian Paints target price for 2027 calculated?

Ans. Each target scales the current price by assumed EPS growth at a constant PE multiple. The conservative case uses 9.3% growth, the base case 13.6% and the bull case 17.9%, all drawn from the company's reported FY26 and 4-year EPS growth.