Comparison · NSE · data 2026-10-30
Asian Paints Ltd. vs Coromandel International Limited
In plain words
Size: Asian Paints Ltd. is about 4.3 times the market value of Coromandel International Limited.
Valuation (P/E): Asian Paints Ltd. 46 vs Coromandel International Limited 27.3.
Return on equity: Asian Paints Ltd. 21.2% vs Coromandel International Limited 16.5%.
Profit growth over 3 years: Asian Paints Ltd. 1.7% a year vs Coromandel International Limited -0.9% a year.
Debt to equity: Coromandel International Limited 0.52 vs Asian Paints Ltd. 0.18.
Differences in the numbers, not a recommendation of either stock.
Side by side
| ASIANPAINT | COROMANDEL | |
|---|---|---|
| Price | ₹2,320 | ₹1,696 |
| Market cap | ₹2,20,491 cr | ₹50,712 cr |
| P/E | 46 | 27.3 |
| P/B | 10.2 | — |
| ROE | 21.2% | 16.5% |
| ROCE | 23.6% | -63.3% |
| Debt / equity | 0.18 | 0.52 |
| Operating margin | 15.7% | 7.9% |
| Dividend yield | 1.20% | 0.64% |
| Sales growth, 3 years (yearly) | 1.1% | 10.3% |
| Profit growth, 3 years (yearly) | 1.7% | -0.9% |
| 1-year return | -8.5% | -25.1% |
| Revenue, last 12 months | ₹38,632 cr | ₹32,602 cr |
| Net profit, last 12 months | ₹4,839 cr | ₹1,832 cr |
| Latest quarter | Sept 2026 | Dec 2024 |
| Quarter net profit | ₹1,068 cr | ₹512 cr |
| Quarter profit vs a year earlier | +7.5% | +121.6% |
| Promoter holding | 52.63% | 56.35% |
| Health check | Average (4.4/10) | Weak (3.9/10) |
Common questions
Which has a higher P/E, Asian Paints Ltd. or Coromandel International Limited?
Asian Paints Ltd. trades at the higher P/E (46 against 27.3). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Asian Paints Ltd. (21.2% against 16.5%).
Which carries more debt?
Coromandel International Limited has the higher debt-to-equity ratio (0.52 against 0.18).