Elantas Beck India [ELANTAS] vs Asian Paints [ASIANPAINT] Detailed Stock Comparison

TLDR: Quick Comparison Summary

Based on 20 vital metrics comparison: Elantas Beck India Ltd. wins in 10 metrics, Asian Paints Ltd. wins in 9 metrics, with 1 ties. Elantas Beck India Ltd. appears stronger overall.

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Vital Metrics Comparison

Metric Elantas Beck India Ltd. Asian Paints Ltd. Better
P/E Ratio (TTM) 49.56 62.11 Elantas Beck India Ltd.
Price-to-Book Ratio 7.27 12.16 Elantas Beck India Ltd.
Debt-to-Equity Ratio 0.00 17.61 Tie
PEG Ratio 1.86 -13.83 Elantas Beck India Ltd.
EV/EBITDA 38.65 40.46 Elantas Beck India Ltd.
Profit Margin (TTM) 17.43% 11.10% Elantas Beck India Ltd.
Operating Margin (TTM) 18.21% 16.55% Elantas Beck India Ltd.
EBITDA Margin (TTM) 18.21% 16.55% Elantas Beck India Ltd.
Return on Equity 15.76% 18.28% Asian Paints Ltd.
Return on Assets (TTM) 8.65% 12.07% Asian Paints Ltd.
Free Cash Flow (TTM) $962.32M $25.94B Asian Paints Ltd.
Dividend Yield 0.07% 0.90% Asian Paints Ltd.
1-Year Return -8.06% 24.08% Asian Paints Ltd.
Price-to-Sales Ratio (TTM) 8.64 6.88 Asian Paints Ltd.
Enterprise Value $66.55B $2,366.75B Asian Paints Ltd.
EV/Revenue Ratio 7.85 6.83 Asian Paints Ltd.
Gross Profit Margin (TTM) 40.23% 44.30% Asian Paints Ltd.
Revenue per Share (TTM) $1,069 $361 Elantas Beck India Ltd.
Earnings per Share (Diluted) $186.45 $40.01 Elantas Beck India Ltd.
Beta (Stock Volatility) -0.07 0.20 Elantas Beck India Ltd.

Elantas Beck India Ltd. vs Asian Paints Ltd. Stock Performance Analysis

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Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
Elantas Beck India Ltd.2.66%1.50%7.35%30.58%1.70%4.38%
Asian Paints Ltd.-0.29%3.01%5.13%23.52%-1.47%-0.46%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
Elantas Beck India Ltd.-8.06%49.57%159.68%554.83%520.63%3,580.18%
Asian Paints Ltd.24.08%-17.17%-9.84%174.85%814.95%4,769.55%

Performance & Financial Health Analysis: Elantas Beck India Ltd. vs Asian Paints Ltd.

MetricELANTASASIANPAINT
Market Information
Market Cap i₹72.13B₹2.38T
Market Cap CategoryMid capLarge cap
10 Day Avg. Volume i1,2121,454,505
90 Day Avg. Volume i1,8861,385,613
Last Close₹9,815.00₹2,739.30
52 Week Range₹7,111.00 - ₹14,250.00₹2,115.00 - ₹2,985.70
% from 52W High-31.12%-8.25%
All-Time High₹14,980.00 (Oct 14, 2024)₹3,590.00 (Jan 10, 2022)
% from All-Time High-34.48%-23.70%
Growth Metrics
Quarterly Revenue Growth0.06%0.04%
Quarterly Earnings Growth0.32%-0.05%
Financial Health
Profit Margin (TTM) i0.17%0.11%
Operating Margin (TTM) i0.18%0.17%
Return on Equity (TTM) i0.16%0.18%
Debt to Equity (MRQ) i0.0017.61
Cash & Liquidity
Book Value per Share (MRQ)₹1,271.86₹204.34
Cash per Share (MRQ)₹834.33₹58.94
Operating Cash Flow (TTM) i₹1.27B₹47.37B
Levered Free Cash Flow (TTM) i₹713.34M₹36.67B
Dividends
Last 12-Month Dividend Yield i0.07%0.90%
Last 12-Month Dividend i₹7.50₹25.05

Valuation & Enterprise Metrics Analysis: Elantas Beck India Ltd. vs Asian Paints Ltd.

MetricELANTAS (Apr 24, 2026)ASIANPAINT (Apr 26, 2026)
Price Ratios
P/E Ratio (TTM) i49.5662.11
Forward P/E i108.8849.46
PEG Ratio i1.86-13.83
Price to Sales (TTM) i8.646.88
Price to Book (MRQ) i7.2712.16
Market Capitalization
Market Capitalization i₹72.13B₹2.38T
Enterprise Value i₹66.55B₹2.37T
Enterprise Value Metrics
Enterprise to Revenue i7.856.83
Enterprise to EBITDA i38.6540.46
Risk & Other Metrics
Beta i-0.070.20
Book Value per Share (MRQ) i₹1,271.86₹204.34

Financial Statements Comparison: Elantas Beck India Ltd. vs Asian Paints Ltd.

Financial Metrics

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Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

MetricELANTAS (2025)ASIANPAINT (2025)
Revenue/Sales i8.46B338.15B
Cost of Goods Sold i5.49B195.92B
COGS % of Revenue i64.9%57.9%
Gross Profit i2.97B142.23B
Gross Margin i35.1%42.1%
Research & Development i27.93MN/A
Operating Income (EBIT) i1.51B49.88B
Operating Margin i17.9%14.7%
EBITDA i1.85B63.11B
EBITDA Margin i21.9%18.7%
Pre-Tax Income i1.99B51.03B
Pre-Tax Income % of Revenue i23.5%15.1%
Income Tax i507.57M13.93B
Income Tax % of Revenue i6.0%4.1%
Net Income (Profit) i1.48B37.10B
Profit Margin i17.5%11.0%

Balance Sheet & Liquidity Metrics

MetricELANTAS (2025)ASIANPAINT (2025)
Cash & Equivalents i659.70M4.45B
Total Current Assets i9.13B169.92B
Total Current Assets % of Revenue i107.9%50.2%
Total Current Liabilities i1.22B81.41B
Total Current Liabilities % of Revenue i14.5%24.1%
Long-Term Debt iN/A13.83B
Long-Term Debt % of Revenue i0.0%4.1%
Total Shareholders Equity i10.08B200.59B
Retained Earnings i9.32B145.96B
Retained Earnings % of Revenue i110.1%43.2%
Property, Plant & Equipment i1.62B869.80M

Cash Flow Statement Comparison

MetricELANTAS (2025)ASIANPAINT (2025)
Operating Cash Flow i1.88B47.37B
Operating Cash Flow % of Revenue i22.2%14.0%
Capital Expenditures i-306.88M-18.20B
Free Cash Flow i962.32M25.94B
FCF Margin i11.4%7.7%
Debt Repayment iN/A-211.60M
Common Stock Repurchase iN/AN/A

Short Interest & Institutional Ownership Analysis

MetricELANTASASIANPAINT
Shares Short iN/AN/A
Short Ratio iN/AN/A
Short % of Float iN/AN/A
Shares Outstanding i7.93M958.59M
Float Shares i1.86M442.75M
% Held by Insiders i76.02%52.92%
% Held by Institutions i12.14%27.04%
% Held by Public i11.84%20.04%

Dividend Analysis & Yield Comparison: Elantas Beck India Ltd. vs Asian Paints Ltd.

MetricELANTASASIANPAINT
Last 12-Month Dividend i₹7.50₹25.05
Last 12-Month Dividend Yield i0.07%0.90%
3-Year Avg Annual Dividend i₹5.83₹27.95
3-Year Avg Dividend Yield i0.07%0.51%
3-Year Total Dividends i₹17.50₹83.85
Ex-Dividend DateApr 23, 2025Nov 18, 2025