ASIAN PAINTS INDIA LTD vs SOLAR INDUSTRIES INDIA LIMITED

ASIANPAINT and SOLARINDS, both in Industrial Specialties. Monthly data through 2026-10-09. Change the comparison →

Price, rebased to 100

Share price change since Jan '19, the first month all 2 have a price: ASIANPAINT +66%, SOLARINDS +1884%.

8872313591994Jan '19Aug '20Mar '22Oct '23May '25Oct '268872313591994Jan '19Aug '21Mar '24Oct '26

Rebased at 2019-01. Monthly closes from each company's history.

ROCE

21.0%28.7%36.3%44.0%Jan '19Aug '20Mar '22Oct '23May '25Oct '2621.0%28.7%36.3%44.0%Jan '19Aug '21Mar '24Oct '26
ASIAN PAINTS INDIA LTD (ASIANPAINT)SOLAR INDUSTRIES INDIA LIMITED (SOLARINDS)

Months with a missing value are left as gaps.

Where the return came from

The share price return over 3 years, split into net profit growth, share count change and the change in P/E.

ASIANPAIN Net profit growth: +11 ptsP/E change: -33 pts-33 pts -22% SOLARINDS Net profit growth: +219 pts+219 ptsShare count change: -0 ptsP/E change: +45 pts+45 pts +264%
Net profit growthShare count changeP/E changeUnexplained

ASIANPAINT: share price fell 22% over 3 years: +11 pts from net profit growth, −33 pts from the P/E change.

SOLARINDS: share price rose 264% over 3 years: +219 pts from net profit growth, +45 pts from the P/E change.

Segments are percentage points of the price return: price = P/E × net profit ÷ share count. These are the same numbers each company's own page shows.

Rank within sector, month by month

Each cell is the company's percentile rank among its own sector peers that month. Darker is higher-ranked. Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).

ASIAN PAINTS INDIA LTD (ASIANPAINT) · Process Industries

ROCE
Op. margin
Revenue growth
EPS growth
Debt/equity ↓
Cash cycle ↓
P/E ↓
12M momentum
Nov '212023202420252026Oct '26
Lower rank Higher rank

SOLAR INDUSTRIES INDIA LIMITED (SOLARINDS) · Process Industries

ROCE
Op. margin
Revenue growth
EPS growth
Debt/equity ↓
Cash cycle ↓
P/E ↓
12M momentum
Nov '212023202420252026Oct '26
Lower rank Higher rank

Percentiles use today's listed companies in the sector and need at least 5 peers with a value.

Latest snapshot

MetricASIANPAINTSOLARINDS
Share Price₹2339.10₹20000.00
Market Cap₹2.24L cr₹1.81L cr
P/E48.6x139.2x
P/B10.8x42.8x
P/S7.0x30.9x
ROCE28.0%44.0%
ROE22.2%30.8%
Operating margin22.0%29.0%
Revenue (TTM), indexed to 100₹32083 cr₹5848 cr
Net Profit (TTM)₹4622 cr₹1300 cr
Debt / Equity0.1x0.0x
Cash Conversion Cycle79d90d
Promoter holding52.6%73.2%
FII Holding13.3%6.4%
DII Holding20.7%13.4%
12M momentum-6.8%44.1%
Drawdown from Peak-31.3%-0.5%
Cash conversion (3Y)1.3x1.0x
Interest cover51.4x68.3x
Share Count Change (1Y)0.0%0.0%
Volatility (1Y)24.5%36.2%

Latest month in the data: 2026-10. Highlight marks the higher value, or the lower value for P/E, P/B, P/S, debt, working-capital days, share count change and volatility. It marks a number, not a better investment.

Comparison is descriptive and historical. Highlights mark the higher or lower value on a metric, not a better investment. Not investment advice; ApnaFunda is not a SEBI-registered research analyst.