StoxAsian Paints vs Havells India: share price & financials comparison
NSE: ASIANPAINT vs HAVELLS · Consumer Durables · as of 06 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Asian Paints vs Havells India at a glance
Asian Paints (ASIANPAINT) has a market capitalisation of ₹2,44,212 Cr, against ₹70,793 Cr for Havells India (HAVELLS). Over the past year Asian Paints has returned +0.3%, compared with -25.3% for Havells India. On valuation, Havells India trades at a lower P/E of 42.6 versus 50.5. Asian Paints earns a higher return on equity (22.3% vs 17.0%). Asian Paints comes out ahead on size, profitability and technicals. Havells India comes out ahead on valuation and growth. Across the scored metrics below, Asian Paints leads on 9 and Havells India on 8. On StoxGud's 10-point checklist, Asian Paints scores 7/10 and Havells India scores 5/10.
| Metric | Asian Paints | Havells India |
|---|---|---|
| Size | ||
| Market cap | ₹2,44,212 Cr | ₹70,793 Cr |
| Revenue (latest FY) | ₹35,584 Cr | ₹22,528 Cr |
| Net profit (latest FY) | ₹4,325 Cr | ₹1,691 Cr |
| Valuation | ||
| P/E | 50.5 | 42.6 |
| P/B | 11.24 | 7.24 |
| Dividend yield | 0.99% | 0.89% |
| Profitability | ||
| Return on equity | 22.3% | 17.0% |
| Net profit margin | 12.5% | 6.6% |
| Operating margin | 18.9% | 9.1% |
| Growth | ||
| Revenue growth (YoY) | +16.9% | +34.6% |
| Net profit growth (YoY) | +7.5% | +9.6% |
| Revenue CAGR (multi-year) | +10.4% | +16.6% |
| Financial health | ||
| Debt to equity | 0.13 | 0.00 |
| Momentum | ||
| 1-month return | +7.3% | +6.4% |
| 1-year return | +0.3% | -25.3% |
| 3-year CAGR | -5.6% | -3.7% |
| 5-year CAGR | -4.1% | -3.2% |
| 10-year CAGR | +9.4% | +11.1% |
| Distance from 52W high | -14.2% | -25.1% |
| Technicals | ||
| RSI (14) | 74 | 51 |
| Price vs 200-day avg | +1.3% | -7.7% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | Asian Paints | Havells India |
|---|---|---|
| Price above 50-day average | ✓ | ✓ |
| Price above 200-day average | ✓ | ✗ |
| 50-day average above 200-day (uptrend) | ✗ | ✗ |
| RSI in healthy 40–70 zone | ✗ | ✓ |
| Positive 1-year return | ✓ | ✗ |
| Return on equity above 15% | ✓ | ✓ |
| Debt to equity below 1 | ✓ | ✓ |
| Revenue growing year on year | ✓ | ✓ |
| Net profit margin above 10% | ✓ | ✗ |
| P/E below industry median | ✗ | ✗ |
| Score | 7/10 | 5/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Asian Paints or Havells India?
Asian Paints has a market cap of ₹2,44,212 Cr and Havells India has a market cap of ₹70,793 Cr as of 06 Nov 2026.
Which has a lower P/E, Asian Paints or Havells India?
Havells India has the lower P/E: Asian Paints trades at 50.5 and Havells India at 42.6.
Which gave better returns in the last year, Asian Paints or Havells India?
Asian Paints did better: Asian Paints returned +0.3% and Havells India returned -25.3% over one year.
Is Asian Paints or Havells India a better buy?
StoxGud does not give buy or sell recommendations. On our rules-based checklist Asian Paints scores 7/10 and Havells India scores 5/10; compare valuation, profitability, growth and momentum above and consult a SEBI-registered adviser.