How Have Women Fared in India’s Economic Growth Story?

Women’s participation in India’s capital market has seen a notable increase, especially since the pandemic, according to a report by the Ministry of Statistics and Programme Implementation (MoSPI). The report highlights that more women are now investing in the market, reflecting a shift towards financial empowerment.

Increasing Women’s Participation in Capital Markets 

The number of female demat account holders has surged dramatically, growing at a pace similar to men.

In 2021, women held 6.7 million demat accounts. But by the end of 2024, this number had grown to 27.2 million, a more than fourfold increase.

The total number of demat accounts in India has also risen from 33.3 million to 143 million, driven by strong market returns.

Between March 2021 and December 2024, the BSE Sensex increased by 61%, further encouraging participation in the capital market.

Rising Women’s Share in Bank Accounts

Women’s financial inclusion extends beyond the stock market. As of 2024, women held 39.2% of all bank accounts in India, with their share rising to 42% in rural areas. This reflects the growing financial independence among women, contributing to overall economic empowerment.

Read more on: Can my demat account have joint holders?

Rising Women’s Participation in Business and Entrepreneurship

The MoSPI report also shows a rise in women leading businesses. The percentage of establishments headed by women increased from 24% in 2021-22 to 26.2% in 2023-24. Particularly in the manufacturing and services sectors, the share of women-headed establishments rose significantly.

The rise in female entrepreneurship is further evident from the increase in the number of startups with at least one woman director. This number grew from 1,943 in 2017 to 17,405 in 2024. This shows a positive trend in women’s involvement in business and entrepreneurship, driven by their growing confidence and participation.

Growth in Women’s Participation in the Workforce

Women’s presence in the workforce has also seen a significant increase. Labour force participation of women rose to 41.7% in 2023-24 from 23.3% in 2017-18. This increase is a clear indication of women’s growing economic participation, which is essential for the country’s overall development.

Women’s Participation in Politics

The gender gap in voting has also narrowed. In 2024, female voter turnout surpassed male turnout, reflecting women’s increasing influence in the political sphere. Political parties have recognised this shift and have been making efforts to attract women voters, offering schemes such as cash incentives and free bus rides.

Conclusion

The MoSPI report reflects a significant rise in female participation in India’s capital market, workforce, and political system. This progress highlights the growing empowerment of women across various sectors of society.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

World Health Day 2025: Here’s How To Save Yourself From Rising Cost of CVD Treatments

This World Health Day is a wake-up call for you because cardiovascular diseases (CVDs) are becoming a major health concern in India. They account for 24.8% of deaths, or 272 per lakh of population. By choosing an adequate health insurance cover, you can easily protect yourself and your loved ones.

Rising Healthcare Costs

Healthcare costs in India are projected to increase by 13% in 2025. This is higher than the global average of 10%. A detailed breakdown of CVD treatment indicates how hard it can be to access medical treatment in case of sudden events:

Procedure Cost Range (₹)
Consultation Fee 1,000 – 1,500
Angiography 7,000 – 20,000
ECG 150 – 300
Holter Monitoring 2,000
Echocardiogram 2,000 – 4,000
Stress Test 1,000 – 4,500
MRI 8,000 – 15,000

Why Adequate Health Cover Is Important For You

A ₹10 lakh health cover offers comprehensive medical protection, covering hospital stays, surgeries, and tests, ensuring financial security during emergencies. It includes critical illness coverage, providing a lump sum for major conditions.

Moreover, it gives you access to quality healthcare in your preferred hospitals. Cashless facilities ease hospital payments, thereby reducing your stress. This policy offers peace of mind by mitigating financial worries about medical expenses.

Moreover, tax benefits on premiums further enhance its value. Essentially, it’s a vital safeguard against rising healthcare costs, ensuring both health and financial stability.

Simplifying Your Health Insurance on World Health Day 2025

Balance the features you want with your budget. Remember to consider future needs. For those aged 29-35 years, a ₹10 lakh cover is a good start. It is advisable to review it every 5 years.

Conclusion

Given the increasing risk of cardiovascular diseases and rising healthcare costs, a ₹10 lakh health insurance cover is essential for financial security. Review your policy every five years to ensure adequate protection against medical expenses.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Who Is Eligible For BSE’s Bonus Shares?

BSE Ltd.’s board of directors has recommended a bonus issue of shares. Shareholders will receive two free shares for every one share they currently hold. The announcement was made on Sunday, March 30.

Eligibility for Bonus Shares

Only investors who buy BSE Ltd. stock before the ex-date will be eligible for the bonus shares. Investors who purchase the shares on or after the ex-date will not receive the bonus shares.

Past BSE’s Bonus Issues

This is the second time BSE has issued bonus shares since its listing in 2017. BSE, Asia’s oldest stock exchange, previously issued bonus shares in 2022. At that time, shareholders received two bonus shares for every one share held (2:1). As of now, the record date for the bonus issue is yet to be determined.

Purpose of Bonus Shares

Companies issue bonus shares for several reasons. They use them to capitalise free reserves. Bonus shares also increase Earnings Per Share (EPS) and paid-up capital. Additionally, they reduce the company’s reserves, which distinguishes them from stock splits.

Shareholders receive bonus shares at no additional cost. For this reason, they are also referred to as free shares.

BSE’s Financial Actions

Since its listing, BSE Ltd. has returned value to its shareholders through various means. The company has paid dividends totaling over ₹170 per share. BSE Ltd. has also conducted buybacks of its equity shares. These buybacks occurred once in 2019 and again in 2023.

BSE Share Price Performance

On Friday, BSE share price closed 16.09% higher, at ₹5,438. The stock’s performance in 2025 has been flat.

Conclusion

BSE Ltd. announced a 2:1 bonus share issue, its second since listing. This rewards shareholders and adjusts capital structure. The company has also returned value via dividends and buybacks.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Guide to Choosing a Tax Regime in FY26

The income tax slab and rate changes announced in Budget 2025-26 are now in effect. The new financial year 2025-26 began on April 1, 2025.

This is an important time for salaried employees. Their HR departments will soon ask them to choose between the old and new tax regimes. The employer will deduct advance tax from their monthly salary. This deduction will be based on their choice and will consider all available exemptions and deductions.

The tax slab and rate changes announced in Budget 2025 have made the new regime attractive to many salaried employees. However, the old regime may still be better for some taxpayers.

If you are unsure which regime to choose, this guide can help.

Understanding the Difference Between Old and New Tax Regimes

It’s important to understand the differences between the old and new tax regimes.

Old Tax Regime

In the old regime, you can claim tax deductions. These deductions apply to investments in various tax-saving schemes. Examples include NPS, PPF, SCSS, ELSS, and tax-saver FDs. You can also claim deductions for health insurance premiums, donations, and children’s tuition fees.

Additionally, you can claim up to ₹2 lakh of home loan interest as a deduction under the old regime. Tax exemptions like HRA and the standard deduction are also available in the old regime.

New Tax Regime

In contrast, the new regime does not allow most of these deductions. However, salaried persons can still get an exemption for employer contributions to NPS and EPF. A standard deduction of ₹75,000 is also allowed in the new tax regime.

Choosing a Tax Regime

So, if you want tax exemptions and deductions, choose the old regime. If not, the new tax regime is the default option.

However, many employees may not need to claim deductions, as explained below.

New Regime Advantage for Salaried Individuals Earning Up to ₹12 Lakh

The new tax regime offers a significant advantage. If your taxable salary is ₹12 lakh in FY 2025-26, you may not pay any tax.

To find your taxable salary, deduct all exemptions and deductions from your total salary. The only deduction allowed in the new regime is the standard deduction of ₹75,000. Employer contributions to NPS and EPF are also exempt.

The amount remaining after these deductions is your total taxable income. If this amount is ₹12 lakh or slightly above, the new regime is a good choice.

Calculations show that a salary package up to ₹15 lakh or even higher can result in zero tax under the new regime in FY 2025-26. However, certain conditions apply.

Choosing a Tax Regime for Salaries Above ₹12 Lakh

If your taxable salary is higher than ₹12 lakh, you will need to do some calculations. You can use an Income-tax Calculator to compare your tax liability under both regimes. Then, choose the regime that is most beneficial.

In most cases, the new regime is expected to be more advantageous in FY 2025-26.

However, the situation can be more complex if you have income from multiple sources, not just salary. In such cases, it is advisable to consult a tax expert.

Conclusion

Salaried employees must choose between tax regimes. The new regime is simpler, often better for incomes around ₹12 lakh. The old regime suits those with many deductions.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Top Gainers and Losers on April 4, 2025: Bajaj Finance & Tata Consumer Products Lead Gainers

On March 26, 2025, the BSE Sensex was down by 1.22%, closing at 75,364.69, while the Nifty50 fell by 1.46% at 22,904.45.

Here are the top gainers and losers on April 04, 2025:

Top Gainers of the Day

Symbol LTP (₹) Change %
BAJFINANCE 8,739.90 1.69
TATACONSUM 1,088.00 1.59
HDFCBANK 1,816.80 1.22
APOLLOHOSP 6,735.00 0.95
NESTLEIND 2,258.55 0.57

  • Bajaj Finance

Bajaj Finance share price opened at ₹8,656 and closed at ₹8,739.90, marking a 1.69% increase.

  • Tata Consumer Products 

Tata Consumer share price opened at ₹1,065.45 and closed at ₹1,088.00, reflecting a 1.59% gain.

  • HDFC Bank

HDFC Bank share price opened at ₹1,813.00 and closed at ₹1,816.80, showing a 1.22% rise.

  • Apollo Hospitals 

Apollo Hospitals share price opened at ₹6,672.00 and closed at ₹6,735.00, with a 0.95% increase.

  • Nestle India 

Nestle India share price opened at ₹2,234.00 and closed at ₹2,258.55, reflecting a 0.57% rise.

Top Losers of the Day

Symbol LTP %chng
TATASTEEL 140.67 -8.43
HINDALCO 600.00 -8.07
ONGC 226.10 -7.07
TATAMOTORS 615.10 -5.94
CIPLA 1,416.60 -5.29

  • Tata Steel 

Tata Steel share price opened at ₹152.62 and closed at ₹140.67, showing a decline of 8.43%.

  • Hindalco 

Hindalco share price opened at ₹645.00 and closed at ₹600.00, reflecting a 8.07% drop.

  • ONGC 

ONGC share price opened at ₹240.56 and closed at ₹226.10, marking a 7.07% decrease.

  • Tata Motors 

Tata Motors share price opened at ₹650.00 and closed at ₹615.10, showing a 5.94% fall.

  • Cipla 

Cipla share price opened at ₹1,495.70 and closed at ₹1,416.60, reflecting a 5.29% drop.

Conclusion

Today’s top gainers and losers highlight the ever-changing nature of the stock market, shaped by corporate earnings, economic indicators, and global developments. Investors should stay informed and carefully evaluate market trends before making investment choices.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

 

When Will IT Companies Announce Q4 FY25 Results?

The financial year 2024-25 (FY25) has concluded. Companies will soon release their performance reports for the final quarter (Q4). These reports will provide insights into FY26.

A key focus will be on IT companies. These include TCS share price, Wipro share price, Infosys share price, and HCL Tech share price. The IT sector is significantly impacted by economic uncertainty. Donald Trump’s tariffs against US trade partners, including India, have played a role.

Here are the important dates for major IT firms to announce their quarterly earnings.

TCS Q4 Results Date

As per news reports, TCS will announce its Q4 and FY25 results on April 10. The announcement will be after market trading hours. TCS stated it may also announce an interim dividend.

Following the Q4 results, TCS will hold a press conference at 5:30 p.m. An earnings conference call will take place at 7 p.m.

Investors and analysts can access the results and call on the company’s website. A recorded audio of the call will be available later for those unable to attend live.

Infosys Q4 Results Date

As per news reports, Infosys will release its Q4 financial results on April 17. This will follow a meeting of its directors. The company will also consider a final dividend for shareholders.

Infosys filed with stock exchanges that its Board of Directors will meet on April 16 and 17. The meeting will be to approve the audited consolidated financial results. These results are for Q4 and FY25, as per Indian Accounting Standards (INDAS).

Wipro Q4 Results

As per news reports, Wipro’s Board of Directors will meet on April 15 and 16. They will consider and approve the audited standalone and consolidated financial results. These results are for the quarter and year ended March 31, 2025.

The financial results will be released on April 16. This will be after stock market trading hours, the company informed the exchanges.

HCLTech Q4 Results

As per news reports, HCLTech will hold a meeting of its Board of Directors on April 21 and 22. They will consider the audited financial results for FY25.

The company will announce the fourth quarter results for FY25 on April 22. The Board will also consider an interim dividend for shareholders on April 22.

Tech Mahindra Q4 Results

As per news reports, Tech Mahindra’s Board of Directors will meet on April 23 and 24. They will consider and approve the audited standalone and consolidated financial results. These results are for Q4 and the financial year ending March 31, 2025.

The audited financial results will be declared on April 24. Tech Mahindra announced that the company would also recommend a dividend, if any, for FY25.

Conclusion

Indian IT majors are set to announce Q4 and FY25 results, crucial for FY26 outlook. Investors must watch for their revenue growth amid economic uncertainty and potential dividends.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Fortis Subsidiary IHL Receives Tax Demand For ₹76.19 Crore

Fortis Healthcare Ltd has announced that its indirect wholly-owned subsidiary, International Hospital Limited (IHL), has received an income tax demand. The demand is for ₹76.19 crore. It pertains to the Assessment Year 2019-20.

The order was issued by the Income Tax Authority. It relates to the disallowance of interest expenses claimed by IHL for FY19.

Action Taken By Fortis Subsidiary IHL

IHL is currently reviewing its legal options. This includes the possibility of appealing the order. IHL received the order on April 3, 2025. Fortis Healthcare has assured its stakeholders that it will provide updates on any further developments.

Fortis Healthcare has reiterated its commitment to regulatory compliance. The company stated that it is addressing this matter in accordance with all applicable legal provisions.

Fortis Healthcare’s Financial Performance

As per credit rating agencies, Fortis Healthcare has demonstrated strong financial performance in several areas. The company has achieved significant profit growth. Profit growth over the past 3 years is 262.20%.

The company has also shown good revenue growth. Revenue growth over the past 3 years is 23.13%. Fortis Healthcare is virtually debt-free.

The company also has an efficient Cash Conversion Cycle of -508.78 days.

Areas Of Concern For Fortis Healthcare

However, some financial metrics indicate areas of concern. Fortis Healthcare has a poor Return on Equity (ROE). The ROE over the past 3 years is 1.05%.

The company also has a poor Return on Capital Employed (ROCE). The ROCE over the past 3 years is 2.35%.

Additionally, the company’s shares are currently trading at high valuation multiples. The Price to Earnings (P/E) ratio is 280.18. The Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization (EV/EBITDA) ratio is 106.91.

Conclusion

Fortis Healthcare’s subsidiary faces a tax demand, but the company asserts no impact on financials. Strong profit and revenue growth are tempered by low ROE/ROCE and high valuation. More news is expected to emerge on this front in the coming days.

At 2.30 PM, Fortis Healthcare share price was down by 2.68% and was trading at ₹642.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

When To Expect Kissht IPO In FY2026?

As per news reports, Kissht, an online lending platform, one of the upcoming IPO in 2025 is gearing up for an initial public offering (IPO) to raise capital. The company has engaged investment bankers to manage the process, signalling its intent to tap the public markets.

Kissht IPO Details and Merchant Bankers

As per news reports, Kissht has appointed ICICI Securities, UBS Securities India Private Limited, and Motilal Oswal Investment Banking as its merchant bankers. The company is in the process of finalising a fourth banker.

Kissht is expected to file its pre-IPO documents with the regulator around June. The company plans to raise approximately ₹1,926 crore through the IPO.

Kissht IPO Structure and Valuation

The IPO will comprise a mix of primary and secondary share sales. A significant portion, around 75%, is expected to be primary capital. This will be used to fund the company’s growth initiatives and expansion into new business lines.

Kissht is targeting a valuation between $900 million and $1.1 billion for its public listing.

In 2022, Kissht secured funding of about $80 million from Vertex Growth and Brunei Investment Agency, valuing the company at approximately $344 million.

Kissht’s Business Model

Kissht’s business model is centred on unsecured consumer lending. It operates across three main segments:

  • Consumption loans
  • Purchase financing (including partnerships with e-commerce platforms like Amazon and Flipkart)
  • Loans to MSMEs and business owners

These segments, excluding purchase financing, make up approximately 85% of their business. The company has also recently entered the secured lending market with its loans against property (LAP) business.

Use of IPO Proceeds By Kissht

The funds raised through the IPO, along with pre-IPO funding, will be primarily directed towards expanding Kissht’s loan book. A substantial portion of the proceeds will be allocated to growing its newly launched loans against property business, representing its entry into the secured lending segment. Kissht anticipates that this new segment will contribute 12-14% to its overall loan book in the current year.

OnEMI’s Growth in Assets Under Management

OnEMI Technology, the parent company of Kissht, has demonstrated significant growth in its assets under management (AUM). In the financial year 2024-25, OnEMI Technology’s AUM grew by 55%, reaching more than ₹4,200 crore. In the previous financial year (FY24), their AUM doubled to ₹2,700 crore.

As per the senior management executives of the company, the overall unsecured loan industry is expected to grow at 20% for larger digital lenders with AUM between ₹4,000-15,000 crores.

Conclusion

Kissht’s strategic IPO aims to fuel expansion in unsecured lending and the new secured loan segment. Strong AUM growth and a focus on technology underscore its market position, targeting substantial industry growth.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Why Cipla Share Price Is Falling Today?

At 1.00 PM on Friday, Cipla share price dropped by 5.19% and was trading at ₹1,418. This drop has contributed to a decline in the BSE Healthcare index. The index has fallen by 3.05%, at 1.01 PM and reached 40,594.82 points. This can be attributed to its vulnerability to US tariffs. As per news reports, nearly 30% of Cipla’s revenue comes from the United States.

Reasons Behind Cipla Share Price Decline

Recent comments from US President Donald Trump have caused the Cipla share price to fall. As per news reports, the US administration is treating pharmaceuticals as a separate sector for tariff imposition. Hence, this has sparked negative investor sentiment.

The BSE Healthcare sector has experienced significant losses today. Other companies have also seen declines. This includes the Aurobindo Pharma share price (-5.90%) and the Lupin share price (-5.43%).

Cipla Share Price Performance Over the Past Year

Over the last year, Cipla share price has witnessed a notable decline. It has fallen from ₹1,488.4 to ₹1,422.3. This represents a loss of ₹66.1, or 4.4%.

In contrast, the BSE Healthcare index has performed positively. It has increased from 35,489.2 to 40,464.7. This is a gain of 14.0% over the same period.

Cipla’s Financial Update

Cipla has reported strong financial results for the recent quarter. For the quarter ended December 2024, Cipla’s net profit grew. It increased by 48.2% year-on-year (YoY) to ₹15,837 million. This compares to ₹10,685 million in the same quarter last year.

Net sales also increased. They rose by 7.1% to ₹70,730 million. This is up from ₹66,038 million in the previous year.

For the year ending March 2024, Cipla reported a significant increase in net profit. It grew by 46.5%, reaching ₹41,553 million. This compares to ₹28,355 million in FY23. The company’s revenue also grew. It increased by 13.3% to ₹257,741 million during FY24.

Conclusion

Cipla share price decline contrasts with the overall growth in the healthcare sector and broader market indices. The company has demonstrated strong financial performance, with significant increases in net profit and revenue. Investors should monitor market dynamics and Cipla’s performance.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Top 5 Paint Stocks of April 2025: Asian Paints, Berger Paints, and More, Based On Net Profit Margin

The Indian paint industry, valued at approximately ₹60,000 croreores in 2020. It is broadly divided into two segments: decorative/architectural and industrial. The decorative segment dominates the industrial landscape, accounting for roughly 70% of total paint consumption. On the other hand, the industrial segment comprises the remaining 30%.

The market is characterised by a concentrated oligopoly, with four major players – Asian Paints, Kansai Nerolac, Berger, and Akzo Nobel – holding a combined market share of approximately 70%. The remaining 30% is fragmented among nearly 3,000 medium and small-sized manufacturers.

Best Paint Stocks in India in April 2025 – Net Profit Margin Basis

Name Market Cap (₹ Crore) Net Profit Margin (%)
Asian Paints Ltd 2,25,241.09 35.29
Berger Paints India Ltd 59,608.95 27.23
Kansai Nerolac Paints Ltd 19,630.66 27.01
Sirca Paints India Ltd 1,405.68 22.34
Indigo Paints Ltd 4,670.82 20.39

Note: The list of best paint stocks has been selected based on the market cap of over ₹1,000 crore and sorted based on net profit margin as of April 04, 2025. 

Overview of Best Paint Stocks in India

  • Asian Paints Ltd

Asian Paints Ltd is India’s premier paint manufacturer, a major player in both the decorative and industrial coating sectors worldwide. They excel in providing cutting-edge products for interior design, wall protection, and waterproofing. Renowned for their high-quality, diverse color options, Asian Paints is considered an industry leader.

Asian Paints Ltd. reported quarterly revenues of ₹7,320.53 crore (Dec-24) and ₹6,868.37 crore (Sep-24), with a FY23-24 revenue of ₹30,850.12 crore. The company’s net profit was ₹1,108.59 crore (Dec-24), ₹602.31 crore (Sep-24), and ₹5,321.55 crore for FY23-24.

Key metrics:

  • Earning per Share (EPS): ₹42.88
  • Return On Equity (ROE): 23.18%

  1. Berger Paints India Ltd

Berger Paints India Ltd is a major player in the Indian paint industry, offering a broad spectrum of decorative and industrial paints. They are known for their innovative and environmentally conscious products, providing interior, exterior, and protective coatings to both residential and industrial clients through an extensive distribution network.

Berger Paints Ltd. recorded quarterly revenues of ₹2,584.76 crore (Dec-24) and ₹2,430.70 crore (Sep-24), with a FY23-24 revenue of ₹10,002.93 crore. The company’s net profit was ₹306.08 crore (Dec-24), ₹228.98 crore (Sep-24), and ₹1,015.05 crore for FY23-24.

Key metrics:

  • Earning per Share (EPS): ₹8.77
  • Return On Equity (ROE):19.91%

  • Kansai Nerolac Paints Ltd 

Kansai Nerolac Paints Ltd specialises in decorative and industrial coatings, serving the automotive, powder coating, and general industrial sectors. With a focus on sustainable practices and advanced technologies, they are recognised for delivering durable, eco-friendly, and stylish paint solutions throughout India.

Kansai Nerolac Paints Ltd. reported quarterly revenues of ₹1,842.16 crore (Dec-24) and ₹1,863.77 crore (Sep-24), with a FY23-24 revenue of ₹7,393.30 crore. The company’s net profit was ₹526.49 crore (Dec-24), ₹130.16 crore (Sep-24), and ₹1,182.87 crore for FY23-24.

Key metrics:

  • Earning per Share (EPS): ₹12.36
  • Return On Equity (ROE):17.45%

  • Indigo Paints Ltd 

Indigo Paints Ltd is a rapidly growing Indian paint company, distinguished by its innovative and niche product offerings. They provide decorative paints, including interior emulsions, enamels, and primers, emphasising quality, affordability, and unique products like metallic paints to establish a strong market presence.

Indigo Paints Ltd. reported quarterly revenues of ₹327.48 crore (Dec-24) and ₹288.55 crore (Sep-24), with a FY23-24 revenue of ₹1,254.86 crore. The company’s net profit was ₹36.46 crore (Dec-24), ₹24.12 crore (Sep-24), and ₹148.65 crore for FY23-24.

Key metrics:

  • Earning per Share (EPS): ₹29.51
  • Return On Equity (ROE):14.76%

  • Sirca Paints India Ltd 

Sirca Paints India Ltd focuses on premium wood coatings, decorative paints, and industrial finishes. With its Italian heritage, the company caters to high-end customers seeking luxurious and durable finishes for interiors and furniture, prioritising superior quality and aesthetic appeal in its specialised product line.

For the financial year ending March 31, 2023, Sirca Paints India Limited reported operating revenue within the range of ₹100 crore to ₹500 crore. The company experienced significant growth, with a 63.45% increase in EBITDA and a 17.93% rise in its book net worth compared to the previous year.

Key metrics:

  • Earning per Share (EPS): ₹8.66
  • Return On Equity (ROE):17.91%

Top 5 Paint Stocks in India in April 2025 – PE Ratio Basis

Name PE Ratio
Berger Paints India Ltd 51.05
Asian Paints Ltd 41.25
Indigo Paints Ltd 31.71
Sirca Paints India Ltd 27.33
Kansai Nerolac Paints Ltd 16.56

Note: The list of best paint stocks has been selected based on the market cap of over ₹1,000 crore and sorted based on PE ratio as of April 04, 2025. 

Top 5 Paint Stocks in India in April 2025 – ROCE Basis

Name ROCE (%)
Asian Paints Ltd 35.29
Berger Paints India Ltd 27.23
Kansai Nerolac Paints Ltd 27.01
Sirca Paints India Ltd 22.34
Indigo Paints Ltd 20.39

Note: The list of best paint stocks has been selected based on the market cap of over ₹1,000 crore and sorted based on return on capital employed as of April 04, 2025. 

Important Factors to Evaluate Before Investing in the Best Paint Stocks in India

  1. Market Position and Brand Strength
    Leading brands like Asian Paints Ltd and Berger Paints command substantial market shares, offering stability and reliable returns.
  2. Raw Material Price Impact
    The cost fluctuations of key raw materials, especially crude oil derivatives, can affect profit margins. Keeping track of these trends is essential for profitability analysis.
  3. Economic Influences
    Economic indicators like GDP growth, construction activity, and consumer spending directly affect paint demand. A slowdown could reduce demand, negatively impacting sales.
  4. Focus on Innovation and Sustainability
    Companies that prioritise sustainable and innovative product development may gain a competitive edge, appealing to changing consumer preferences.
  5. Regulatory Compliance
    Meeting environmental and safety standards can influence operational costs. Stricter regulations may raise expenses for paint companies.
  6. Financial Performance
    Key financial indicators such as revenue growth, profit margins, debt levels, and return on equity help assess a company’s financial health and growth potential.

Conclusion

In navigating the colourful hues of top Indian paint companies, we’ve explored the prominent contenders for the month of April 2025. From Asian Paints to Sirca, each company presents a unique opportunity for potential investors. By blending financial metrics, market insights, and economic realities, you can also paint your own investment portrait successfully.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.