Asian Paints vs FLUOROCHEM: share price, P/E, ROE and financials compared
Asian Paints
Gujarat Fluorochemicals
Asian Paints and FLUOROCHEM at a glance
Asian Paints is the larger by market cap, at ₹2.4L Cr against ₹51,251 Cr for FLUOROCHEM (4.8 times as large). On valuation, Asian Paints has the lower P/E (50.5× against 75.9×), while FLUOROCHEM has the lower price-to-book (6.11× against 11.23×). On returns and margins, Asian Paints has the higher ROCE (24.4% against 9.6%) and the higher ROE (23.0% against 8.3%), while FLUOROCHEM has the higher operating margin (24.4% against 18.9%). Over three years, Asian Paints has faster 3-year sales growth (+1.1% against −4.5% a year) and faster 3-year profit growth (+1.7% against −24.3% a year). Asian Paints carries less debt for its equity, with a debt-to-equity of 0.21× against 0.26×.
Key metrics, side by side
| Metric | Asian PaintsASIANPAINT | FLUOROCHEMFLUOROCHEM |
|---|---|---|
| Price (₹) | 2,546.00 | 4,665.50 |
| Market cap (₹ Cr) | 2,44,025 | 51,251 |
| P/E | 50.5× (the lower figure, shaded) | 75.9× |
| P/B | 11.23× | 6.11× (the lower figure, shaded) |
| Dividend yield, trailing | 1.31% (the higher figure, shaded) | 0.06% |
| ROE | 23.0% (the higher figure, shaded) | 8.3% |
| ROCE | 24.4% (the higher figure, shaded) | 9.6% |
| Operating margin (OPM) | 18.9% | 24.4% (the higher figure, shaded) |
| Net margin (NPM) | 12.5% (the higher figure, shaded) | 11.9% |
| Sales CAGR 3Y | +1.1% (the higher figure, shaded) | −4.5% |
| Profit CAGR 3Y | +1.7% (the higher figure, shaded) | −24.3% |
| Debt to equity | 0.21× (the lower figure, shaded) | 0.26× |
| Interest cover | 31.7× (the higher figure, shaded) | 9.8× |
| Net profit TTM (₹ Cr) | 4,839 | 613 |
| 1Y return | +1.5% | +28.0% (the higher figure, shaded) |
| Promoter holding | 52.65% | 61.39% |
Asian Paints vs FLUOROCHEM: common questions
Which is bigger, Asian Paints or FLUOROCHEM?
By market cap, Asian Paints is bigger at ₹2.4L Cr, against ₹51,251 Cr for FLUOROCHEM (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹4,839 Cr for Asian Paints and ₹613 Cr for FLUOROCHEM.
Which has a lower P/E ratio, Asian Paints or FLUOROCHEM?
Asian Paints trades at a P/E of 50.5× and FLUOROCHEM at 75.9×. Asian Paints has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, Asian Paints or FLUOROCHEM?
Asian Paints reports a return on equity of 23.0% and FLUOROCHEM 8.3%. Asian Paints has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Asian Paints or FLUOROCHEM?
Over the last three years: Sales grew +1.1% a year at Asian Paints and −4.5% at FLUOROCHEM, so Asian Paints grew sales faster; profit grew +1.7% a year at Asian Paints and −24.3% at FLUOROCHEM, so Asian Paints grew profit faster. Past growth doesn’t predict future growth.