Nifty
:
24175.65
Sensex
:
77264.51
84.80 (0.35%)
330.92 (0.43%)
Nifty
Sensex
:
:
24175.65
77264.51
84.80 (0.35%)
330.92 (0.43%)

Asian Paints Ltd.

Paints

Rating :
65/99

BSE: 500820 | NSE: ASIANPAINT

NSE BSE
2608.70
28-Aug-2026
  • Open
  • High
  • Low
  • Previous Close
  •  2645
  •  2645
  •  2583.8
  •  2631.00
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  482544
  •  1257683631.8
  •  2985.7
  •  2115

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 2,49,583.26
  • 52.38
  • 1
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 2,50,802.84
  • 1.06%
  • 10.93

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 52.63%
  • 0.41%
  • 11.10%
  • FII
  • DII
  • Others
  • 13.32%
  • 19.82%
  • 2.72%

Chart

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

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 8.90
  • 4.10
  • 0.08

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 8.38
  • 6.87
  • -2.46

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 8.50
  • 7.37
  • -7.47

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 65.80
  • 65.49
  • 58.85

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 16.79
  • 16.58
  • 13.60

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 42.31
  • 41.94
  • 35.25

Earnings Forecasts:

(Updated: 29-08-2026)
Description
2026
2027
2028
2029
Adj EPS
45
10
13.29
45.57
P/E Ratio
57.97
260.87
196.29
57.25
Revenue
53.66
46.93
41.76
35195.6
EBITDA
40462
43703
47566.7
6519.29
Net Income
7284.66
8250.39
9183.49
4361.62
ROA
4885.49
5598.15
6272.18
16.89
P/B Ratio
-0.48
-0.36
-0.28
11.87
ROE
11.23
10.2
9.22
21.56
FCFF
21.85
22.77
23.09
3978.22
FCFF Yield
3442.32
4820.92
5432.09
1.53
Net Debt
1.32
1.85
2.09
-4750.29
BVPS
-5415.44
-7193.42
-9248.01
219.78

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Jun 26
Jun 25
Var%
Mar 26
Mar 25
Var%
Dec 25
Dec 24
Var%
Sep 25
Sep 24
Var%
Net Sales
10,541.94
8,938.55
17.94%
9,246.70
8,358.91
10.62%
8,867.02
8,549.44
3.71%
8,531.27
8,027.54
6.28%
Expenses
8,373.18
7,313.58
14.49%
7,460.09
6,922.71
7.76%
7,086.06
6,912.71
2.51%
7,027.89
6,788.03
3.53%
EBITDA
2,168.76
1,624.97
33.46%
1,786.61
1,436.20
24.40%
1,780.96
1,636.73
8.81%
1,503.38
1,239.51
21.29%
EBIDTM
20.57%
18.18%
19.32%
17.18%
20.09%
19.14%
17.62%
15.44%
Other Income
240.85
192.79
24.93%
171.37
99.85
71.63%
161.00
143.00
12.59%
198.64
173.55
14.46%
Interest
47.83
44.50
7.48%
59.10
52.79
11.95%
47.94
55.84
-14.15%
43.87
63.01
-30.38%
Depreciation
304.19
300.87
1.10%
309.98
301.10
2.95%
313.07
255.55
22.51%
304.93
241.99
26.01%
PBT
2,057.59
1,472.39
39.74%
1,588.90
999.20
59.02%
1,423.34
1,468.34
-3.06%
1,353.22
927.92
45.83%
Tax
536.30
391.66
36.93%
428.63
321.42
33.36%
415.17
389.73
6.53%
373.29
265.38
40.66%
PAT
1,521.29
1,080.73
40.77%
1,160.27
677.78
71.19%
1,008.17
1,078.61
-6.53%
979.93
662.54
47.91%
PATM
14.43%
12.09%
12.55%
8.11%
11.37%
12.62%
11.49%
8.25%
EPS
16.05
11.47
39.93%
12.22
7.22
69.25%
11.05
11.58
-4.58%
10.36
7.24
43.09%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Net Sales
37,186.93
35,583.54
33,905.62
35,494.73
34,488.59
29,101.28
21,712.79
20,211.25
19,248.45
16,843.76
15,168.18
Net Sales Growth
9.78%
4.95%
-4.48%
2.92%
18.51%
34.03%
7.43%
5.00%
14.28%
11.05%
 
Cost Of Goods Sold
20,825.22
17,745.69
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
Gross Profit
16,361.71
17,837.85
16,606.11
17,720.09
15,812.79
13,303.00
11,379.69
10,468.41
9,591.98
8,554.25
8,137.99
GP Margin
44.00%
50.13%
48.98%
49.92%
45.85%
45.71%
52.41%
51.79%
49.83%
50.79%
53.65%
Total Expenditure
29,947.22
28,887.62
27,899.41
27,909.75
28,228.75
24,297.67
16,857.19
16,049.48
15,477.71
13,639.75
12,174.42
Power & Fuel Cost
-
167.10
148.58
133.25
138.29
117.23
86.05
97.79
119.63
110.30
106.02
% Of Sales
-
0.47%
0.44%
0.38%
0.40%
0.40%
0.40%
0.48%
0.62%
0.65%
0.70%
Employee Cost
-
2,799.59
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
% Of Sales
-
7.87%
7.66%
6.55%
5.88%
6.14%
7.10%
6.76%
6.43%
6.62%
6.81%
Manufacturing Exp.
-
2,767.11
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
% Of Sales
-
7.78%
7.93%
7.80%
8.46%
9.90%
9.53%
9.63%
9.85%
10.04%
10.96%
General & Admin Exp.
-
339.95
344.50
322.95
255.57
164.13
109.67
187.75
431.58
618.54
611.57
% Of Sales
-
0.96%
1.02%
0.91%
0.74%
0.56%
0.51%
0.93%
2.24%
3.67%
4.03%
Selling & Distn. Exp.
-
3,782.26
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
% Of Sales
-
10.63%
10.44%
9.85%
9.43%
9.57%
9.87%
10.53%
10.08%
9.75%
10.10%
Miscellaneous Exp.
-
1,285.92
1,283.20
1,087.90
961.21
765.12
576.43
579.95
196.71
171.45
1,531.70
% Of Sales
-
3.61%
3.78%
3.06%
2.79%
2.63%
2.65%
2.87%
1.02%
1.02%
1.31%
EBITDA
7,239.71
6,695.92
6,006.21
7,584.98
6,259.84
4,803.61
4,855.60
4,161.77
3,770.74
3,204.01
2,993.76
EBITDA Margin
19.47%
18.82%
17.71%
21.37%
18.15%
16.51%
22.36%
20.59%
19.59%
19.02%
19.74%
Other Income
771.86
723.80
572.61
687.96
386.48
380.01
303.05
304.31
233.04
220.62
262.43
Interest
198.74
195.41
227.02
205.17
144.45
95.41
91.63
102.33
110.47
41.47
37.33
Depreciation
1,232.17
1,228.85
1,026.34
853.00
858.02
816.36
791.27
780.50
622.14
360.47
334.79
PBT
6,423.05
5,995.46
5,325.46
7,214.77
5,643.85
4,271.85
4,275.75
3,583.25
3,271.17
3,022.69
2,884.07
Tax
1,753.39
1,608.75
1,393.36
1,790.08
1,493.50
1,102.91
1,097.60
854.85
1,098.06
1,040.96
943.29
Tax Rate
27.30%
27.56%
28.08%
24.81%
26.69%
26.54%
25.67%
23.86%
33.57%
34.44%
32.71%
PAT
4,669.66
4,325.35
3,667.23
5,460.23
4,106.45
3,030.57
3,139.29
2,710.12
2,161.72
1,968.93
1,913.57
PAT before Minority Interest
4,597.40
4,394.69
3,709.71
5,557.69
4,195.33
3,084.81
3,206.75
2,779.14
2,213.84
2,027.52
1,990.39
Minority Interest
-72.26
-69.34
-42.48
-97.46
-88.88
-54.24
-67.46
-69.02
-52.12
-58.59
-76.82
PAT Margin
12.56%
12.16%
10.82%
15.38%
11.91%
10.41%
14.46%
13.41%
11.23%
11.69%
12.62%
PAT Growth
33.43%
17.95%
-32.84%
32.97%
35.50%
-3.46%
15.84%
25.37%
9.79%
2.89%
 
EPS
48.68
45.09
38.23
56.92
42.81
31.59
32.73
28.25
22.54
20.53
19.95

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Shareholder's Funds
21,371.59
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
Share Capital
95.92
95.92
95.92
95.92
95.92
95.92
95.92
95.92
95.92
95.92
Total Reserves
21,209.90
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
Non-Current Liabilities
3,366.74
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
Secured Loans
1,247.17
259.62
54.38
65.88
16.16
14.49
18.50
18.81
27.89
40.43
Unsecured Loans
0.00
0.00
0.00
10.27
28.38
0.04
0.13
0.26
0.44
0.64
Long Term Provisions
273.80
257.78
222.56
230.70
218.32
215.21
180.75
155.59
140.12
146.03
Current Liabilities
9,137.03
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
Trade Payables
3,863.04
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
Other Current Liabilities
3,856.62
3,511.76
3,449.73
3,126.53
2,504.08
2,015.78
1,679.82
1,966.58
1,646.62
1,266.93
Short Term Borrowings
1,020.78
588.23
1,034.90
896.06
731.12
325.70
321.48
596.53
492.42
504.43
Short Term Provisions
396.59
193.24
184.99
237.90
171.49
205.66
242.51
222.69
152.07
190.68
Total Liabilities
34,518.75
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
Net Block
9,640.28
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
Gross Block
15,717.04
14,098.69
11,621.53
9,675.92
8,604.22
8,391.65
8,282.04
7,943.19
4,757.83
3,966.21
Accumulated Depreciation
5,658.42
4,559.92
4,381.04
3,813.67
3,019.09
2,480.68
1,957.28
1,394.18
973.14
610.02
Non Current Assets
14,334.11
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
Capital Work in Progress
1,848.67
1,254.49
2,698.37
1,019.59
426.43
182.98
140.24
209.67
1,405.11
257.54
Non Current Investment
775.91
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
Long Term Loans & Adv.
662.05
615.31
611.49
583.07
369.55
285.15
622.83
294.80
475.77
364.73
Other Non Current Assets
1,407.20
793.88
522.72
306.34
424.23
532.41
16.11
226.81
152.25
212.85
Current Assets
20,184.64
16,991.68
17,537.06
16,535.16
15,144.20
12,013.11
7,566.25
7,612.02
6,899.08
6,950.69
Current Investments
6,285.83
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
Inventories
5,743.69
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
Sundry Debtors
4,461.80
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
Cash & Bank
1,073.68
781.98
1,084.01
843.82
864.33
610.75
782.83
444.88
404.65
801.21
Other Current Assets
2,619.64
462.51
446.67
423.73
2,074.75
1,734.47
1,085.91
935.42
1,048.82
724.60
Short Term Loans & Adv.
2,103.76
1,469.31
1,990.51
1,723.03
1,580.89
1,472.73
765.45
579.26
607.07
297.93
Net Current Assets
11,047.61
8,850.45
9,036.10
8,639.23
7,573.21
6,087.25
3,185.87
2,431.93
2,448.01
3,065.82
Total Assets
34,518.75
30,355.25
29,900.77
25,779.33
22,950.30
20,341.85
16,124.11
16,233.91
13,748.48
12,390.20

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Cash From Operating Activity
7,088.18
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
PBT
6,003.44
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
Adjustment
1,182.84
1,286.59
580.83
770.99
769.68
665.18
751.48
556.63
134.76
91.31
Changes in Working Capital
1,475.72
-570.18
10.05
-772.11
-2,795.22
-206.46
-330.84
-409.71
-79.65
-602.81
Cash after chg. in Working capital
8,662.00
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
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-1,573.82
-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
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
-1,334.07
-874.12
-2,517.63
-1,274.64
-321.69
-547.79
-521.42
-944.49
-1,599.28
-656.10
Net Fixed Assets
-1,603.10
-1,054.20
-2,956.52
-1,541.40
-408.11
-322.25
-179.98
-1,811.73
-1,439.49
-397.49
Net Investments
-2,213.99
174.79
-559.31
-1,101.06
1,368.74
-2,521.40
306.07
-386.66
336.26
-116.96
Others
2,483.02
5.29
998.20
1,367.82
-1,282.32
2,295.86
-647.51
1,253.90
-496.05
-141.65
Cash from Financing Activity
-2,376.51
-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
Net Cash Inflow / Outflow
3,377.60
-202.74
603.47
778.74
-1,142.81
2,485.16
-354.73
407.59
-864.98
114.80
Opening Cash & Equivalents
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
Closing Cash & Equivalent
6,740.86
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

Financial Ratios

Consolidated /

Standalone
Description
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Book Value (Rs.)
222.12
201.66
194.75
166.45
143.85
133.51
105.61
98.73
87.68
79.27
ROA
13.55%
12.31%
19.96%
17.22%
14.24%
17.42%
16.82%
14.44%
15.68%
17.13%
ROE
21.62%
19.51%
32.08%
28.19%
23.19%
27.71%
27.79%
24.24%
25.62%
27.84%
ROCE
28.22%
26.58%
41.05%
36.98%
30.88%
36.95%
35.78%
35.44%
36.65%
39.33%
Fixed Asset Turnover
3.00
3.26
4.02
4.50
4.05
3.05
2.88
3.49
4.58
5.01
Receivable days
35.79
40.05
40.58
37.79
34.37
31.54
28.93
29.97
29.02
24.89
Inventory Days
50.83
55.02
51.69
54.92
52.83
51.55
51.10
47.84
48.27
43.71
Payable days
74.98
74.21
71.18
73.20
87.14
97.41
50.56
52.73
57.10
52.49
Cash Conversion Cycle
11.64
20.86
21.08
19.51
0.06
-14.32
29.47
25.08
20.18
16.11
Total Debt/Equity
0.11
0.04
0.06
0.06
0.06
0.03
0.04
0.07
0.06
0.07
Interest Cover
31.72
23.48
36.81
40.38
44.89
47.66
35.98
30.55
75.59
79.08

Annual Reports:

FY 2026
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017

News Update:


  • Asian Paints - Quarterly Results
    30th Jul 2026, 00:00 AM

    Read More
  • Asian Paints’ consolidated net profit jumps 40% in Q1
    29th Jul 2026, 15:47 PM

    The total consolidated income of the company has increased by 18.09% at Rs 10,782.79 crore for Q1FY27

    Read More
  • Asian Paints reports 69% jump in Q4 consolidated net profit
    29th May 2026, 18:25 PM

    Consolidated total income of the company increased by 11.34% at Rs 9,418.07 crore for Q4FY26

    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.