Asian Paints Multibagger 3 years timeframe Long term investment

Asian Paints Multibagger 3 years timeframe

• Asian paints founded in 1942, is India’s largest and Asia’s third largest paint company, with a turnover of Rs. 141.83 billion. 
• Asian Paints operates in 19 countries and has 26 paint manufacturing facilities in the world servicing consumers in over 65 countries.
• Asian Paints was ranked 11th amongst the Top paint companies in the world by Coatings World - Top Companies Report 2015.
• Asian Paints was also included in the list of India's Super 50 companies by Forbes India 
• Asian Paints has always been a leader in the paint industry, pushing new concepts in India like Colour Worlds, Home Solutions, Colour Next, and Kids’ World.
• Current MD and CEO is Mr. K B S Anand who is running company very successfully.
• Company also has many susidary companies under it.APPCO,BERGER,SCIB,Taubman,Sleek and Kadisko which also generate good revenues.
• Comapny Products include Interior Paints,Exterior paints,Metal Fineshes,Wood Finishes,Water proofing,Wall coverings,Effects and Painting Aid.
• With low Oil to to remain, its going to help the Paint company very much as 50 % of the cost is oil.
• Companys is growing 30 % Quater on Quater and profit is also growing at 30 %.
• We expect Asian paints to deliver good performance as the Indian Middle class income is booming and the company stock to double and become Multibagger in next 3 years.