Nifty
:
25860.10
Sensex
:
84679.86
-167.20 (-0.64%)
-533.50 (-0.63%)
Nifty
Sensex
:
:
25860.10
84679.86
-167.20 (-0.64%)
-533.50 (-0.63%)

Asian Paints Ltd.

Paints

Rating :
71/99

BSE: 500820 | NSE: ASIANPAINT

NSE BSE
2790.90
16-Dec-2025
  • Open
  • High
  • Low
  • Previous Close
  •  2793
  •  2808
  •  2776.1
  •  2780.20
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  916244
  •  2558631583.8
  •  2985.7
  •  2124.75

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 2,67,740.88
  • 68.72
  • 1
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 2,68,687.53
  • 0.89%
  • 13.68

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 52.63%
  • 0.52%
  • 11.90%
  • FII
  • DII
  • Others
  • 11.64%
  • 20.91%
  • 2.40%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 9.04
  • 9.32
  • -0.57

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 8.02
  • 4.34
  • -0.82

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 7.92
  • 3.35
  • -3.70

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 65.35
  • 71.93
  • 61.34

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 16.99
  • 17.96
  • 15.23

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 42.35
  • 44.67
  • 37.76

Earnings Forecasts:

(Updated: 13-12-2025)
Description
2024
2025
2026
2027
Adj EPS
38.25
45.84
51.59
58.01
P/E Ratio
72.96
60.88
54.10
48.11
Revenue
33854.7
35676.7
38933.7
42559.7
EBITDA
6006.21
6559.11
7318.37
8139.69
Net Income
3667.23
4389.03
4930.22
5565.85
ROA
12.16
18.54
19.73
20.24
P/B Ratio
14.31
12.73
11.61
10.53
ROE
19.24
21.57
22.31
22.84
FCFF
2681.73
4070.99
4073.38
4710.19
FCFF Yield
1
1.52
1.52
1.76
Net Debt
-1736.65
-3650.28
-4343.77
-5759.47
BVPS
194.97
219.26
240.49
264.98

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Sep 25
Sep 24
Var%
Jun 25
Jun 24
Var%
Mar 25
Mar 24
Var%
Dec 24
Dec 23
Var%
Net Sales
8,531.27
8,027.54
6.28%
8,938.55
8,969.73
-0.35%
8,358.91
8,730.76
-4.26%
8,549.44
9,103.09
-6.08%
Expenses
7,027.89
6,788.03
3.53%
7,313.58
7,275.96
0.52%
6,922.71
7,039.39
-1.66%
6,912.71
7,047.00
-1.91%
EBITDA
1,503.38
1,239.51
21.29%
1,624.97
1,693.77
-4.06%
1,436.20
1,691.37
-15.09%
1,636.73
2,056.09
-20.40%
EBIDTM
17.62%
15.44%
18.18%
18.88%
17.18%
19.37%
19.14%
22.59%
Other Income
198.64
173.55
14.46%
192.79
156.21
23.42%
99.85
187.11
-46.64%
143.00
138.58
3.19%
Interest
43.87
63.01
-30.38%
44.50
55.38
-19.65%
52.79
54.10
-2.42%
55.84
54.42
2.61%
Depreciation
304.93
241.99
26.01%
300.87
227.70
32.13%
301.10
225.61
33.46%
255.55
220.35
15.97%
PBT
1,353.22
927.92
45.83%
1,472.39
1,566.90
-6.03%
999.20
1,598.77
-37.50%
1,468.34
1,919.90
-23.52%
Tax
373.29
265.38
40.66%
391.66
416.83
-6.04%
321.42
348.79
-7.85%
389.73
492.62
-20.89%
PAT
979.93
662.54
47.91%
1,080.73
1,150.07
-6.03%
677.78
1,249.98
-45.78%
1,078.61
1,427.28
-24.43%
PATM
11.49%
8.25%
12.09%
12.82%
8.11%
14.32%
12.62%
15.68%
EPS
10.36
7.24
43.09%
11.47
12.20
-5.98%
7.22
13.10
-44.89%
11.58
15.09
-23.26%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Net Sales
34,378.17
33,905.62
35,494.73
34,488.59
29,101.28
21,712.79
20,263.45
19,349.84
16,887.19
15,396.56
14,271.49
Net Sales Growth
-1.30%
-4.48%
2.92%
18.51%
34.03%
7.15%
4.72%
14.58%
9.68%
7.88%
 
Cost Of Goods Sold
19,576.28
17,299.51
17,774.64
18,675.80
15,798.28
10,333.10
9,742.84
9,656.47
8,289.51
7,030.19
6,769.16
Gross Profit
14,801.89
16,606.11
17,720.09
15,812.79
13,303.00
11,379.69
10,520.61
9,693.37
8,597.68
8,366.37
7,502.33
GP Margin
43.06%
48.98%
49.92%
45.85%
45.71%
52.41%
51.92%
50.10%
50.91%
54.34%
52.57%
Total Expenditure
28,176.89
27,899.41
27,909.75
28,228.75
24,297.67
16,857.19
16,105.17
15,586.38
13,680.06
12,372.25
11,494.00
Power & Fuel Cost
-
148.58
133.25
138.29
117.23
86.05
97.79
119.63
110.30
106.02
114.48
% Of Sales
-
0.44%
0.38%
0.40%
0.40%
0.40%
0.48%
0.62%
0.65%
0.69%
0.80%
Employee Cost
-
2,597.23
2,326.18
2,028.07
1,786.67
1,540.75
1,366.09
1,236.83
1,115.48
1,033.62
989.51
% Of Sales
-
7.66%
6.55%
5.88%
6.14%
7.10%
6.74%
6.39%
6.61%
6.71%
6.93%
Manufacturing Exp.
-
2,687.40
2,767.18
2,916.20
2,880.45
2,068.31
1,946.12
1,895.34
1,691.68
1,662.75
1,535.22
% Of Sales
-
7.93%
7.80%
8.46%
9.90%
9.53%
9.60%
9.80%
10.02%
10.80%
10.76%
General & Admin Exp.
-
344.50
322.95
255.57
164.13
109.67
187.75
431.58
618.54
611.57
541.04
% Of Sales
-
1.02%
0.91%
0.74%
0.56%
0.51%
0.93%
2.23%
3.66%
3.97%
3.79%
Selling & Distn. Exp.
-
3,538.99
3,497.65
3,253.61
2,785.79
2,142.88
2,128.94
1,941.15
1,642.79
1,531.70
1,363.88
% Of Sales
-
10.44%
9.85%
9.43%
9.57%
9.87%
10.51%
10.03%
9.73%
9.95%
9.56%
Miscellaneous Exp.
-
1,283.20
1,087.90
961.21
765.12
576.43
635.64
305.38
211.76
396.40
1,363.88
% Of Sales
-
3.78%
3.06%
2.79%
2.63%
2.65%
3.14%
1.58%
1.25%
2.57%
1.27%
EBITDA
6,201.28
6,006.21
7,584.98
6,259.84
4,803.61
4,855.60
4,158.28
3,763.46
3,207.13
3,024.31
2,777.49
EBITDA Margin
18.04%
17.71%
21.37%
18.15%
16.51%
22.36%
20.52%
19.45%
18.99%
19.64%
19.46%
Other Income
634.28
572.61
687.96
386.48
380.01
303.05
304.31
233.04
288.09
262.43
213.39
Interest
197.00
227.02
205.17
144.45
95.41
91.63
102.33
110.47
41.47
37.33
49.00
Depreciation
1,162.45
1,026.34
853.00
858.02
816.36
791.27
780.50
622.14
360.47
334.79
275.58
PBT
5,293.15
5,325.46
7,214.77
5,643.85
4,271.85
4,275.75
3,579.76
3,263.89
3,093.28
2,914.62
2,666.30
Tax
1,476.10
1,393.36
1,790.08
1,493.50
1,102.91
1,097.60
856.31
1,096.58
1,041.55
947.98
844.49
Tax Rate
27.89%
28.08%
24.81%
26.69%
26.54%
25.67%
23.92%
33.60%
33.67%
32.52%
32.31%
PAT
3,817.05
3,667.23
5,460.23
4,106.45
3,030.57
3,110.69
2,654.43
2,115.19
1,993.14
1,889.82
1,711.74
PAT before Minority Interest
3,748.48
3,709.71
5,557.69
4,195.33
3,084.81
3,178.15
2,723.45
2,167.31
2,051.73
1,966.64
1,769.36
Minority Interest
-68.57
-42.48
-97.46
-88.88
-54.24
-67.46
-69.02
-52.12
-58.59
-76.82
-57.62
PAT Margin
11.10%
10.82%
15.38%
11.91%
10.41%
14.33%
13.10%
10.93%
11.80%
12.27%
11.99%
PAT Growth
-14.99%
-32.84%
32.97%
35.50%
-2.58%
17.19%
25.49%
6.12%
5.47%
10.40%
 
EPS
39.79
38.23
56.92
42.81
31.59
32.43
27.67
22.05
20.78
19.70
17.85

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Shareholder's Funds
19,399.81
18,728.30
15,992.23
13,811.56
12,806.29
10,130.16
9,470.55
8,410.23
7,603.89
6,524.82
Share Capital
95.92
95.92
95.92
95.92
95.92
95.92
95.92
95.92
95.92
95.92
Total Reserves
19,247.05
18,584.12
15,869.54
13,702.24
12,710.37
10,034.24
9,374.63
8,314.31
7,507.97
6,428.90
Non-Current Liabilities
2,154.97
1,976.13
1,437.51
1,188.35
1,200.33
1,223.90
1,236.95
574.53
540.98
501.44
Secured Loans
259.62
54.38
65.88
16.16
14.49
18.50
18.81
27.89
40.43
49.63
Unsecured Loans
0.00
0.00
10.27
28.38
0.04
0.13
0.26
0.44
0.64
23.00
Long Term Provisions
257.78
222.56
230.70
218.32
215.21
180.75
155.59
140.12
146.03
121.37
Current Liabilities
8,141.23
8,500.96
7,895.93
7,570.99
5,925.86
4,380.38
5,180.09
4,451.07
3,884.87
3,149.08
Trade Payables
3,848.00
3,831.34
3,635.44
4,164.30
3,378.72
2,136.57
2,394.29
2,159.96
1,922.83
1,565.07
Other Current Liabilities
3,497.82
3,449.73
3,126.53
2,504.08
2,015.78
1,679.82
1,966.58
1,646.62
1,266.93
1,199.52
Short Term Borrowings
602.17
1,034.90
896.06
731.12
325.70
321.48
596.53
492.42
504.43
231.08
Short Term Provisions
193.24
184.99
237.90
171.49
205.66
242.51
222.69
152.07
190.68
153.41
Total Liabilities
30,355.25
29,900.77
25,779.33
22,958.43
20,355.34
16,137.97
16,248.84
13,763.48
12,405.19
10,559.03
Net Block
9,220.10
7,146.62
5,770.46
5,519.06
5,858.52
6,272.31
6,496.56
3,732.24
3,303.74
3,416.35
Gross Block
14,897.04
11,621.53
9,675.92
8,604.22
8,391.65
8,282.04
7,943.19
4,757.83
3,966.21
3,743.55
Accumulated Depreciation
5,358.27
4,381.04
3,813.67
3,019.09
2,480.68
1,957.28
1,394.18
973.14
610.02
274.75
Non Current Assets
13,363.57
12,363.71
9,244.17
7,806.10
8,328.74
8,557.86
8,621.89
6,849.40
5,439.51
4,824.01
Capital Work in Progress
1,254.49
2,698.37
1,019.59
426.43
182.98
140.24
209.67
1,405.11
257.54
106.59
Non Current Investment
1,479.79
1,384.51
1,564.71
1,066.83
1,469.68
1,506.37
1,394.05
1,084.03
1,300.65
1,126.83
Long Term Loans & Adv.
615.99
611.49
583.07
369.55
285.15
622.83
294.80
475.77
364.73
131.20
Other Non Current Assets
793.20
522.72
306.34
424.23
532.41
16.11
226.81
152.25
212.85
43.04
Current Assets
16,991.68
17,537.06
16,535.16
15,144.20
12,026.60
7,580.11
7,626.95
6,914.08
6,965.68
5,735.02
Current Investments
3,244.96
3,203.41
2,697.00
2,180.70
3,267.12
512.48
1,174.53
1,056.67
1,351.34
1,585.30
Inventories
6,719.27
5,923.41
6,210.64
6,152.98
3,798.60
3,389.81
3,149.86
2,658.31
2,626.94
1,998.24
Sundry Debtors
4,313.65
4,889.05
4,636.94
3,871.44
2,602.17
1,795.22
1,907.33
1,730.63
1,446.60
1,186.84
Cash & Bank
781.98
1,084.01
843.82
864.33
610.75
782.83
444.88
404.65
801.21
424.20
Other Current Assets
1,931.82
446.67
423.73
493.86
1,747.96
1,099.77
950.35
1,063.82
739.59
540.44
Short Term Loans & Adv.
1,473.33
1,990.51
1,723.03
1,580.89
1,490.81
765.45
579.26
607.07
188.16
272.62
Net Current Assets
8,850.45
9,036.10
8,639.23
7,573.21
6,100.74
3,199.73
2,446.86
2,463.01
3,080.81
2,585.94
Total Assets
30,355.25
29,900.77
25,779.33
22,950.30
20,355.34
16,137.97
16,248.84
13,763.48
12,405.19
10,559.03

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Cash From Operating Activity
4,423.96
6,103.60
4,193.43
986.49
3,683.35
3,038.15
2,469.54
2,113.44
1,527.33
2,242.95
PBT
5,103.07
7,347.77
5,688.83
4,187.72
4,304.35
3,628.26
3,304.62
3,139.07
2,964.23
2,613.85
Adjustment
1,286.59
580.83
770.99
769.68
665.18
751.48
556.63
134.76
91.31
233.67
Changes in Working Capital
-570.18
10.05
-772.11
-2,795.22
-206.46
-330.84
-409.71
-79.65
-602.81
197.79
Cash after chg. in Working capital
5,819.48
7,938.65
5,687.71
2,162.18
4,763.07
4,048.90
3,451.54
3,194.18
2,452.73
3,045.31
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-1,395.52
-1,835.05
-1,494.28
-1,175.69
-1,079.72
-1,010.75
-982.00
-1,080.74
-925.40
-802.36
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-874.12
-2,517.63
-1,274.64
-321.69
-547.79
-521.42
-944.49
-1,599.28
-656.10
-866.29
Net Fixed Assets
-1,146.59
-2,956.52
-1,541.40
-408.11
-322.25
-179.98
-1,811.73
-1,439.49
-397.49
286.42
Net Investments
-572.55
-559.31
-1,101.06
1,368.74
-2,521.40
306.07
-386.66
336.26
-116.96
-902.86
Others
845.02
998.20
1,367.82
-1,282.32
2,295.86
-647.51
1,253.90
-496.05
-141.65
-249.85
Cash from Financing Activity
-3,752.58
-2,982.50
-2,140.05
-1,807.61
-650.40
-2,871.46
-1,117.46
-1,379.14
-756.43
-848.98
Net Cash Inflow / Outflow
-202.74
603.47
778.74
-1,142.81
2,485.16
-354.73
407.59
-864.98
114.80
527.68
Opening Cash & Equivalents
3,626.95
3,054.33
2,283.29
3,421.16
928.75
1,279.97
845.68
1,667.52
1,577.73
1,049.97
Closing Cash & Equivalent
3,357.42
3,626.95
3,054.33
2,283.29
3,421.16
928.75
1,279.97
845.68
1,667.52
1,577.73

Financial Ratios

Consolidated /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Book Value (Rs.)
201.66
194.75
166.45
143.85
133.51
105.61
98.73
87.68
79.27
68.02
ROA
12.31%
19.96%
17.22%
14.24%
17.42%
16.82%
14.44%
15.68%
17.13%
18.17%
ROE
19.51%
32.08%
28.19%
23.19%
27.71%
27.79%
24.24%
25.62%
27.84%
31.41%
ROCE
26.58%
41.05%
36.98%
30.88%
36.95%
35.78%
35.44%
36.65%
39.33%
44.35%
Fixed Asset Turnover
3.16
4.02
4.50
4.05
3.05
2.88
3.49
4.58
5.01
4.55
Receivable days
40.05
40.58
37.79
34.37
31.54
28.93
29.97
29.02
24.89
24.21
Inventory Days
55.02
51.69
54.92
52.83
51.55
51.10
47.84
48.27
43.71
43.51
Payable days
74.21
71.18
73.20
87.14
97.41
50.56
52.73
57.10
52.49
52.16
Cash Conversion Cycle
20.86
21.08
19.51
0.06
-14.32
29.47
25.08
20.18
16.11
15.57
Total Debt/Equity
0.04
0.06
0.06
0.06
0.03
0.04
0.07
0.06
0.07
0.05
Interest Cover
23.48
36.81
40.38
44.89
47.66
35.98
30.55
75.59
79.08
54.34

Annual Reports:

FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017
FY 2016

News Update:


  • Asian Paints’ arm to set up second paint manufacturing facility in UAE
    27th Nov 2025, 10:25 AM

    The facility will be spread across 100,000 sqm within Khalifa Economic Zones Abu Dhabi, Abu Dhabi, UAE

    Read More
  • Asian Paints - Quarterly Results
    13th Nov 2025, 00:00 AM

    Read More
  • Asian Paints’ consolidated net profit jumps 43% in Q2
    12th Nov 2025, 17:42 PM

    The consolidated total income of the company increased by 6.45% at Rs 8,729.91 crore for Q2FY26

    Read More
  • Asian Paints’ JV's arm starts commercial production in Fujairah facility in UAE
    13th Oct 2025, 12:13 PM

    The new facility will undertake manufacturing and exporting white cement and white cement clinker, with an initial capacity of 2,65,000 tons per annum

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.