When was Asian Paints founded?

Asian Paints was founded in 1942.

Where is Asian Paints located?

Asian Paints is headquartered in Mumbai, India. It is registered at 6A & 6B, Shantinagar, Santacruz(East), Mumbai, Mumbai, Maharashtra, India, 400055.

Which legal entities is Asian Paints associated with?

Asian Paints is associated with ASIAN PAINTS LIMITED and 1 other.

How many employees does Asian Paints have?

As of Mar 31, 2025, the latest employee count at Asian Paints is 11162.

What is the annual revenue of Asian Paints?

Annual revenue of Asian Paints is more than ₹1,000 Cr as on Mar 31, 2026

Where does Asian Paints rank among its competitors?

Asian Paints ranks 1st amongst 2671 active competitors, of which 8 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was PPG, which secured $13.8M in Dec, 2025.

Who are the top competitors of Asian Paints?

Asian Paints' top competitors include Hempel, Sherwin Williams and PPG. Among them, PPG secured the most recent funding round in December, 2025.

Asian Paints - 2026 Company Profile, Team, Competitors & Financials

Company Details

Manufacturer of industrial and decorative paints. It offers a wide range of decorative and industrial paints, coatings, and home decor products. It provides interior and exterior wall paints, waterproofing solutions, wood and metal finishes, adhesives, and specialty items. The paints include enamel, oil, emulsion, synthetic rubber, bituminous, and more. It also provides services such as personalized interior designs and wall painting.

Website: www.asianpaints.com
Social
Email ID: *****@asianpaints.com
Phone Number: +91 **********, +91 **********
Registered Address: 6A & 6B, Shantinagar, Santacruz(East), Mumbai, Mumbai, Maharashtra, India, 400055

Key Metrics

Founded Year

1942

Location

Mumbai, India

Stage

Public

Ranked

1^st among 2671 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2026

Employee Count

11,162 as on Mar 31, 2025

Investment & Acquisitions

Nanova & 7 more

Similar Companies

Hempel & 2718 more

Exit Details

Public

View Asian Paints' full profile

Asian Paints is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ASIAN PAINTS LIMITED CIN: L24220MH1945PLC004598 , India, Active	Oct 24, 1945	₹1,000+ Cr (As on Mar 31, 2026)	9189 (As on May 31, 2026)
ASIAN PAINTS INDUSTRIAL COATINGS LIMITED CIN: U24220MH2001PLC133523 , India, Active	Oct 01, 2001	₹10 - ₹50 Cr (As on Mar 31, 2026)	134 (As on May 31, 2026)

Asian Paints got listed on Oct 22, 1982.

Click here to take a look at Asian Paints's IPO in detail

Asian Paints is a funded company.

The founders of Asian Paints are Chimanlal Choksi, Champaklal Choksey, Khalid Tak, Arif Eatoo, Suryakant Dani and Arvind Vakil. Amit Syngle is the CEO of Asian Paints.

Here are the details of Asian Paints' key team members:

Chimanlal Choksi: Former Co-Founder of Asian Paints.
Champaklal Choksey: Former Co-Founder of Asian Paints.
Khalid Tak: Business Owner of Asian Paints.
Arif Eatoo: Owner of Asian Paints.
Suryakant Dani: Former Co-Founder of Asian Paints.

Asian Paints' Board of Directors

Asian Paints's board has 12 active members. Manish Mahendra Choksi, Malav Ashwin Dani and Amit Syngle are part of team and Gopichand Katragadda, Nehal Vakil Abhay, Soumitra Bhattacharya, Seshasayee Ramaswami, Ireena Vittal, Amrita Amar Vakil, Ashish Ashwin Choksi, Varun Berry and Milind Shripad Sarwate are independent board members.

Here is the list of Asian Paints' board of directors:

Name	Type	Representing	Status	Duration
Malav Ashwin Dani	Team	-	Current	12y 2m
Amit Syngle	Team	-	Current	6y 0m
vvstbxj	Team	-	Past	9y 5m
Gopichand Katragadda	Independent board member	-	Current	2y 4m
lwzprez	Independent board member	-	Current	2y 6m
bdj{dxg	Independent board member	-	Current	4y 1m
o{eqinb	Independent board member	-	Current	2y 8m
sdzfoyk	Independent board member	-	Current	5y 4m
{tueitn	Independent board member	-	Current	9y 2m
pvehs{p	Independent board member	-	Current	7y 7m
hiwoyiw	Independent board member	-	Past	9y 9m
qduyhjc	Independent board member	-	Past	9y 1m

View details of Asian Paints's Founder profiles and Board Members

Asian Paints' employee count trend

Asian Paints has 11,162 employees as of Mar 25. The total employee count is 18.0% more than what it was in Mar 24. Here is Asian Paints's employee count trend over the years:

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Top competitors of Asian Paints include Hempel, Sherwin Williams and PPG. Here is the list of Top 10 competitors of Asian Paints, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Asian Paints 1942, Mumbai (India), Public	Manufacturer of industrial and decorative paints	-	-	70/100
2nd	Hempel 1915, Lyngby (Denmark), Acquired	Developer and supplier of protective coatings	-	Europa, CVC	70/100
3rd	Sherwin Williams 1866, Cleveland (United States), Public	Manufacturer of paints, coatings, stains, and related supplies and equipment	-	-	68/100
4th	PPG 1883, Pittsburgh (United States), Public	Producer of paints, coatings, and specialty materials	-	Trian Partners, DOE & 7 others	67/100
5th	Akzo Nobel 1994, Amsterdam (Netherlands), Acquired	Manufacturer & supplier of decorative paints, metal, wood, powder, and other coatings	-	Triodos Investment Management, Next Venture Labs ... & 6 others	62/100
6th	X-Rite 1958, Grand Rapids (United States), Acquired	Provider of color management solutions and measurement technologies	$155M	One Equity Partners, Sagard Holdings & 2 others	61/100
7th	Shalimar Paints 1902, Delhi (India), Public	Manufacturer of protective coatings	-	-	60/100
8th	Pidilite 1959, Mumbai (India), Public	Manufacturer of industrial adhesives, pigments, paints, and waterproofing chemical services	-	-	57/100
9th	Jotun 1926, Sandefjord (Norway), Funding Raised	Manufacturer of paints and coating materials	-	Gov.cz	56/100
10th	Indigo Paints 2000, Pune (India), Public	Manufacturer of paints	$23.1M	Peak XV Partners, Halogenchemicals & 44 others	56/100

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Asian Paints has not made any investments yet. Asian Paints has made 8 acquisitions.

Here is the list of latest three $acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Feb 15, 2024	Acquisition	Nanova	2015	Mumbai (India)
Feb 15, 2024	Acquisition	Harind Chemicals and Pharmaceuticals		-
Apr 01, 2022	Acquisition	Whiteteak	2016	Bengaluru (India)