Asian Paints revenue and financials
₹2,372.10Change from previous close: −2.15%Absolute change: −₹52.10
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 | Q1 2026 | Q3 2025 | Q1 2025 |
|---|---|---|---|
| Total assets | 345,345 | 313,487 | 303,714 |
| Current assets | 201,846 | 179,106 | 169,917 |
| Cash and equivalents | 6,728 | 5,990 | 4,447 |
| Short-term investments | 79,288 | 61,820 | 42,469 |
| Inventory | 57,437 | 60,108 | 67,193 |
| Net property, plant and equipment | 110,998 | 104,120 | 100,604 |
| Goodwill | 2,191 | 2,172 | 2,196 |
| Other intangible assets | 2,562 | 3,565 | 3,692 |
| Long-term investments | 6,561 | 6,391 | 6,080 |
| Current liabilities | 91,370 | 81,989 | 81,412 |
| Accounts payable | 39,190 | 33,753 | 38,919 |
| Long-term debt | 12,472 | 9,108 | 2,596 |
| Total debt | 39,289 | 35,571 | 22,903 |
| Total liabilities | 125,195 | 111,484 | 103,123 |
| Total equity (incl. minority) | 220,150 | 202,003 | 200,591 |
| Retained earnings | 171,031 | — | 145,964 |
| Minority interest | 6,434 | 6,217 | 6,592 |