Asian Paints revenue and financials
₹2,368.80Change from previous close: −2.29%Absolute change: −₹55.40
In the fiscal year ended March 2026, Asian Paints reported revenue of ₹355.41B (+5.10% year over year). Net income was ₹43.25B, a net margin of 12.2%.
Fiscal year ending in March. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +5.10%
- FY to Mar 2026 vs FY to Mar 2025
- Net income growth
- +17.95%
- FY to Mar 2026 vs FY to Mar 2025
- Net margin
- 12.2%
- FY to Mar 2025: 10.8%
Financial data
Amounts in millions of INR; per-share values in INR; shares in millions.
| Item | FY to Mar 2026 | FY to Mar 2025 | FY to Mar 2024 | FY to Mar 2023 | FY to Mar 2022 |
|---|---|---|---|---|---|
| Total assets | 345,345 | 303,714 | 299,241 | 257,980 | — |
| Current assets | 201,846 | 169,917 | 175,371 | 165,352 | — |
| Cash and equivalents | 6,728 | 4,447 | 8,293 | 5,231 | — |
| Short-term investments | 79,288 | 42,469 | 45,971 | 41,082 | — |
| Inventory | 57,437 | 67,193 | 59,234 | 62,106 | — |
| Net property, plant and equipment | 110,998 | 100,604 | 90,008 | 63,742 | — |
| Goodwill | 2,191 | 2,196 | 4,192 | 2,285 | — |
| Other intangible assets | 2,562 | 3,692 | 4,250 | 1,874 | — |
| Long-term investments | 6,561 | 6,080 | 5,831 | 7,817 | — |
| Current liabilities | 91,370 | 81,412 | 85,010 | 78,959 | — |
| Accounts payable | 39,190 | 38,919 | 39,169 | 36,673 | — |
| Long-term debt | 12,472 | 2,596 | 544 | 762 | — |
| Total debt | 39,289 | 22,903 | 24,744 | 19,326 | — |
| Total liabilities | 125,195 | 103,123 | 105,004 | 93,521 | — |
| Total equity (incl. minority) | 220,150 | 200,591 | 194,237 | 164,459 | — |
| Retained earnings | 171,031 | 145,964 | 140,379 | 113,668 | — |
| Minority interest | 6,434 | 6,592 | 6,954 | 4,537 | — |