Asian PaintsNSE:ASIANPAINT -0.84%98 EBITDA Margin % is 21.49% as of Mar. 2026, which is 2% above its 10-year median of 21.05. GuruFocus rates NSE:ASIANPAINT with a GF Score™ of 98/100 and a GF Value™ of ₹2,954.27 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,585 Chemicals companies, Asian Paints ranks better than 84.23% on this metric.
EBITDA Margin % is calculated as EBITDA divided by its Revenue. Asian Paints's EBITDA for the
three
months ended in Mar. 2026 was ₹19,832 Mil. Asian Paints's Revenue for the
three
months ended in Mar. 2026 was ₹92,285 Mil. Therefore, Asian Paints's EBITDA margin for the quarter that ended in Mar. 2026 was 21.49%.
Asian Paints (NSE:ASIANPAINT) EBITDA Margin % Explanation
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
Asian Paints EBITDA Margin % Related Terms
Asian Paints EBITDA Margin % Historical Data
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The historical data trend for Asian Paints's EBITDA Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:ASIANPAINT vs LIN, SHW, ECL: EBITDA Margin % Comparison
For the Specialty Chemicals subindustry, Asian Paints's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Asian Paints EBITDA Margin % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Asian Paints's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where Asian Paints's EBITDA Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Asian Paints (NSE:ASIANPAINT) has a EBITDA Margin % of 21.49% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Asian Paints and its competitors. This is near median its historical median of 21.05. Over the past decade, Asian Paints' EBITDA Margin % has ranged from 17.62 to 24.12. According to the industry distribution chart, Asian Paints ranks #250 out of 1585 companies in the Chemicals industry, placing it in the top 15.8%.
Is Asian Paints' EBITDA Margin % too high?
Asian Paints' current EBITDA Margin % of 21.49% is near median its 10-year median of 21.05. Over the past 10 years, this metric has ranged from a low of 17.62 to a high of 24.12. The Chemicals industry median EBITDA Margin % is 9.63. Asian Paints' value of 21.49% is 123.2% above this industry median. Based on the distribution chart, Asian Paints ranks #250 out of 1585 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Asian Paints has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asian Paints' EBITDA Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Asian Paints ranks #250 out of 1585 companies for EBITDA Margin %. This places Asian Paints in the top 16% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 9.63. Asian Paints' value of 21.49% is 123.2% above this benchmark. Historically, Asian Paints' own EBITDA Margin % has ranged from 17.62 to 24.12 over the past decade. While the company's 10-year median is 21.05 vs. the industry median of 9.63, Asian Paints has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Chemicals company?
The median EBITDA Margin % among Chemicals companies is 9.63, based on 1,585 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Asian Paints's current EBITDA Margin % of 21.49% is 123.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Asian Paints and its competitors. For the Chemicals industry, the median EBITDA Margin % is 9.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asian Paints's current EBITDA Margin % is 21.49%, which is near median its own 10-year median of 21.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asian Paints stock overvalued right now?
Based on GuruFocus' analysis, Asian Paints (NSE:ASIANPAINT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,954.27, compared to a current price of ₹2,645.20 — trading 10.5% below its estimated fair value. The current EBITDA Margin % is 21.49%, which is near median its 10-year median of 21.05 and 123.2% above the Chemicals industry median of 9.63. Asian Paints' overall GF Score™ is 98/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Asian Paints (NSE:ASIANPAINT), the current EBITDA Margin % is 21.49% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Asian Paints (NSE:ASIANPAINT) Overvalued in 2026?
Based on GuruFocus' analysis, Asian Paints stock appears to be undervalued.
The current stock price of ₹2,645.20 is trading 10.5% below its estimated GF Value™ of ₹2,954.27.
GuruFocus considers Asian Paints to be Modestly Undervalued.
Key valuation signals for NSE:ASIANPAINT:
EBITDA Margin %: 21.49% (near median its 10-year median of 21.05)
GF Value™: ₹2,954.27 vs. price of ₹2,645.20 (10.5% below fair value)
Industry Position: 123.2% above the Chemicals median (#250 of 1585)
No single metric tells the full story. See the NSE:ASIANPAINT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asian Paints Ltd is in the business of colour, decor, design and protection and operates through Decorative, International, Home Decor, and Industrial segments. The Decorative segment offers interior and exterior wall finishes, wood finishes, waterproofing, enamels, adhesives, tools, and undercoats. The Home Decor segment offers modular kitchens and wardrobes, bath fittings and sanitaryware, decorative lightings, uPVC windows and doors, wall coverings, furniture, fabric and furnishings, and rugs. The International segment caters to customers across Asia, the Middle East, Africa and the South Pacific. The Industrial segment provides automotive, general industrial, packaging, marine, industrial protective coatings, and powder coatings. The majority of revenue comes from India.
98GF Score
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