Moat Category Reinvestment Moat	Fair Value Estimate –	Price  $21.26	Enterprise Value $20.7bn
Moat Type Intangible Assets | Brand Cost Advs | Process: Scale & Distribution Network	Economic Moat –	Stewardship Rating –	Market Cap $20.4bn

What does it do

Asian Paints Limited, together with its subsidiaries, manufactures, sells, and distributes paints and coatings for decorative and industrial use in India and internationally. It operates in Paints and Home Improvement segments. The company offers its products through a network of deal and retail stores, as well as operates asianpaints.com/online-shop, an online shop, which sells color tools, wall stickers, and DIY kits for decor enthusiasts. Asian Paints Limited was founded in 1942 and is headquartered in Mumbai, India.

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