Asian Paints Ltd
Asian Paints Ltd (ASIANPAINT) is scheduled to report results on 29 Oct 2026. Asian Paints Ltd last reported results for the quarter ended Jun 2026, with sales of ₹10,542 crore and net profit of ₹1,559 crore. The next scheduled event is a postal ballot|e voting on 12 Oct 2026. The stock last traded at ₹2,339, a market capitalisation of ₹2,23,274 crore, on a P/E of 45.8. Over the past 52 weeks the stock has ranged between ₹2,115 and ₹2,986. Figures are as of 9 Oct 2026 and are not real time.
Asian Paints Ltd share price and key metrics
- Current price
- ₹2,339
- Market cap
- ₹2,23,274 cr
- Stock P/E
- 45.8
- Book value
- ₹223
- ROE
- 21.8%
- ROCE
- 26.3%
- Dividend yield
- 1.18%
- 52w high / low
- 2986/2115
Metrics as of 9 Oct 2026. Not real time.
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Asian Paints Ltd growth and returns
- 10 Years
- 10%
- 5 Years
- 10%
- 3 Years
- 1%
- TTM
- 10%
- 10 Years
- 10%
- 5 Years
- 7%
- 3 Years
- 2%
- TTM
- 27%
- 10 Years
- 7%
- 5 Years
- -7%
- 3 Years
- -9%
- 1 Year
- 0%
- 10 Years
- 25%
- 5 Years
- 25%
- 3 Years
- 24%
- Last Year
- 22%
Asian Paints Ltd quarterly results
In the quarter ended Jun 2026, sales were ₹10,542 cr, up 17.9% from ₹8,939 cr a year earlier. Net profit was ₹1,559 cr, up 39.6% year on year.
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 8,028 | 8,549 | 8,359 | 8,939 | 8,531 | 8,867 | 9,247 | 10,542 |
| Expenses | 6,788 | 6,913 | 6,923 | 7,314 | 7,028 | 7,086 | 7,460 | 8,373 |
| Operating profit | 1,240 | 1,637 | 1,436 | 1,625 | 1,503 | 1,781 | 1,787 | 2,169 |
| OPM % | 15% | 19% | 17% | 18% | 18% | 20% | 19% | 21% |
| Other income | 25 | 193 | -60 | 229 | 237 | 69 | 197 | 279 |
| Interest | 63 | 56 | 53 | 44 | 44 | 48 | 59 | 48 |
| Depreciation | 242 | 256 | 301 | 301 | 305 | 313 | 310 | 304 |
| Profit before tax | 959 | 1,518 | 1,022 | 1,509 | 1,392 | 1,489 | 1,614 | 2,096 |
| Tax % | 28% | 26% | 31% | 26% | 27% | 28% | 27% | 26% |
| Net profit | 694 | 1,128 | 701 | 1,117 | 1,018 | 1,074 | 1,185 | 1,559 |
| EPS (₹) | 7.24 | 11.58 | 7.22 | 11.47 | 10.36 | 11.05 | 12.22 | 16.05 |
Consolidated figures as reported by the company. Percentages are as published; totals may not sum exactly.
Asian Paints Ltd annual results
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 15,062 | 16,825 | 19,240 | 20,211 | 21,713 | 29,101 | 34,489 | 35,495 | 33,906 | 35,584 | 37,187 |
| Operating profit | 2,994 | 3,204 | 3,765 | 4,162 | 4,856 | 4,804 | 6,260 | 7,585 | 6,006 | 6,700 | 7,240 |
| OPM % | 20% | 19% | 20% | 21% | 22% | 17% | 18% | 21% | 18% | 19% | 19% |
| Net profit | 2,016 | 2,098 | 2,208 | 2,774 | 3,207 | 3,085 | 4,195 | 5,558 | 3,710 | 4,395 | 4,837 |
| EPS (₹) | 20.22 | 21.26 | 22.48 | 28.20 | 32.73 | 31.59 | 42.81 | 56.92 | 38.23 | 45.09 | 49.68 |
TTM is the trailing twelve months to the most recent quarter.
Asian Paints Ltd balance sheet
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 96 | 96 | 96 | 96 | 96 | 96 | 96 | 96 | 96 | 96 |
| Reserves | 7,508 | 8,314 | 9,375 | 10,034 | 12,710 | 13,716 | 15,896 | 18,632 | 19,304 | 21,276 |
| Borrowings | 560 | 533 | 1,320 | 1,118 | 1,093 | 1,587 | 1,933 | 2,474 | 2,290 | 3,929 |
| Other liabilities | 4,241 | 4,820 | 5,459 | 4,889 | 6,456 | 7,560 | 7,854 | 8,698 | 8,665 | 9,218 |
| Total liabilities | 12,405 | 13,763 | 16,249 | 16,138 | 20,355 | 22,958 | 25,779 | 29,901 | 30,355 | 34,519 |
| Fixed assets | 3,304 | 3,732 | 6,497 | 6,272 | 5,859 | 5,519 | 5,770 | 7,147 | 9,220 | 9,640 |
| CWIP | 258 | 1,405 | 210 | 140 | 183 | 426 | 1,020 | 2,698 | 1,254 | 1,849 |
| Investments | 2,652 | 2,141 | 2,569 | 2,019 | 4,737 | 3,248 | 4,262 | 4,588 | 4,725 | 7,062 |
| Other assets | 6,192 | 6,485 | 6,974 | 7,707 | 9,577 | 13,765 | 14,728 | 15,468 | 15,156 | 15,968 |
| Total assets | 12,405 | 13,763 | 16,249 | 16,138 | 20,355 | 22,958 | 25,779 | 29,901 | 30,355 | 34,519 |
As reported by the company. Total assets equal total liabilities by construction.
Asian Paints Ltd cash flow
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | 1,527 | 2,113 | 2,470 | 3,038 | 3,683 | 986 | 4,193 | 6,104 | 4,424 | 7,088 |
| Cash from investing | -681 | -1,556 | -918 | -518 | -541 | -317 | -1,282 | -2,548 | -941 | -1,328 |
| Cash from financing | -756 | -1,379 | -1,117 | -2,871 | -650 | -1,808 | -2,140 | -2,982 | -3,753 | -2,377 |
| Net cash flow | 90 | -822 | 434 | -351 | 2,492 | -1,138 | 771 | 573 | -270 | 3,383 |
| Free cash flow | 860 | 705 | 1,336 | 2,661 | 3,422 | 475 | 2,774 | 3,613 | 2,604 | 5,604 |
| CFO / operating profit | 82% | 100% | 92% | 97% | 98% | 45% | 91% | 105% | 97% | 129% |
Negative figures are outflows. CFO / operating profit is a ratio, not an amount.
Asian Paints Ltd operating ratios
| Per year | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 38% | 36% | 33% | 33% | 34% | 29% | 34% | 38% | 26% | 26% |
| Debtor days | 35 | 38 | 36 | 32 | 44 | 49 | 49 | 50 | 46 | 46 |
| Inventory days | 138 | 117 | 119 | 127 | 134 | 142 | 121 | 122 | 142 | 118 |
| Days payable | 101 | 95 | 90 | 80 | 119 | 96 | 71 | 79 | 81 | 79 |
| Cash conversion cycle | 72 | 60 | 65 | 79 | 59 | 94 | 99 | 93 | 107 | 84 |
| Working capital days | 22 | 22 | 16 | 34 | 37 | 57 | 54 | 49 | 52 | 38 |
Ratios as computed by the source from the reported statements. Rows a company does not report are omitted.
Asian Paints Ltd shareholding pattern
Promoters held 52.63% at Jun 2026, broadly unchanged since Jun 2025. FIIs 13.32% and DIIs 20.70%.
| % held | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 52.63% | 52.63% | 52.63% | 52.63% | 52.63% | 52.63% | 52.63% | 52.63% |
| FIIs | 15.28% | 13.61% | 12.23% | 11.85% | 11.64% | 12.78% | 12.11% | 13.32% |
| DIIs | 13.10% | 13.98% | 15.51% | 20.98% | 21.50% | 21.08% | 21.74% | 20.70% |
| Government | 0.06% | 0.06% | 0.06% | 0.06% | 0.07% | 0.07% | 0.07% | 0.07% |
| Public | 18.88% | 19.66% | 19.51% | 14.41% | 14.09% | 13.37% | 13.39% | 13.19% |
| No. of shareholders | 9,75,807 | 11,92,876 | 12,13,836 | 11,71,145 | 11,08,404 | 10,00,999 | 10,01,799 | 9,59,219 |
As disclosed by the company to the exchanges. The last row is a count of shareholders, not a percentage.
Upcoming Asian Paints Ltd events
The next scheduled event is a postal ballot|e voting on 12 Oct 2026.
- Postal ballot|e votingApproval of appointment of Mr. Leo Puri as Independent Director for a five-year term
- Board meetingApproval of financial results and interim dividend declaration
- Management changeAppointment of Mr. Leo Puri as Additional and Independent Director and subsequent Chairman of the Board
See the full results calendar for every Indian company reporting in the next 30 days.
Asian Paints Ltd corporate filings
- Asian Paints publishes newspaper advertisement on October 8, 2026, regarding proposed resolution via Postal Ballot and e-Voting detailsCompany Updatelow impact
Cruxal's analysis: Asian Paints Ltd announced on October 8, 2026, the publication of a newspaper…
Read the full analysis - Asian Paints Approves Appointment of Mr. Leo Puri as Independent Director for 5-Year Term, Enhancing Governance and Strategic LeadershipAGM/EGMmedium impact
Cruxal's analysis: Asian Paints has announced the appointment of Mr. Leo Puri (DIN: 01764813) as an…
Read the full analysis - Asian Paints to hold Investor Conference on October 29, 2026, covering Q2 and H1 FY2026 financial performanceCompany Updatelow impact
Cruxal's analysis: Asian Paints announced an investor meet scheduled for October 29, 2026, to discuss the…
Read the full analysis - Asian Paints Board to Consider Q2 FY2027 Results and Interim Dividend Declaration on 29th October 2026Board Meetingmedium impact
Cruxal's analysis: Asian Paints Ltd. has scheduled a Board meeting on 29th October 2026 to approve its…
Read the full analysis - Asian Paints Promoter Group Executes Inter-se Transfer of 1.64 Lakh Shares via Block DealInsider Trading / SASTlow impact
Cruxal's analysis: Asian Paints Limited has reported an inter-se transfer of 1.64 lakh equity shares…
Read the full analysis - Asian Paints Limited: Promoter Group Executes Inter-se Transfer of 1.64 Lakh SharesInsider Trading / SASTlow impact
Cruxal's analysis: Asian Paints Limited has reported an inter-se transfer of 1,64,000 equity shares among…
Read the full analysis - Asian Paints Promoter Entity Pledges 26.79 Lakh Shares for Loan CollateralInsider Trading / SASTlow impact
Cruxal's analysis: Smiti Holding and Trading Company Private Limited, a promoter entity of Asian Paints…
Read the full analysis - Asian Paints receives ESG rating from Niche Ninety Nine Capability and CertificationsCompany Updatelow impact
Cruxal's analysis: Asian Paints has formally intimated the receipt of an ESG rating from Niche Ninety Nine…
Read the full analysis - Asian Paints commences commercial production at Dahej VAE manufacturing facilityCompany Updatemedium impact
Cruxal's analysis: Asian Paints has officially commenced commercial production at its Vinyl Acetate Ethylene…
Read the full analysis - Asian Paints Promoter Entity Smiti Holding Pledges 9.17 Lakh Shares with Bajaj FinanceInsider Trading / SASTlow impact
Cruxal's analysis: Asian Paints Limited promoter entity, Smiti Holding and Trading Company Private Limited…
Read the full analysis - Asian Paints Limited Receives Reaffirmation of CRISIL AAA/Stable and A1+ Credit RatingsCompany Updatelow impact
Cruxal's analysis: Asian Paints Limited has announced that CRISIL Ratings has reaffirmed its long-term bank…
Read the full analysis - This is to inform you that the trading window for trading in the securities of the Company will be closed from Friday, 18th September 2026 until two trading days from the date of declaration ....Insider Trading / SASTlow impact
- Asian Paints Limited announces shareholder approval for the appointment of Ms. Shubhlakshmi Dani as Non-Executive DirectorCompany Updatelow impact
Cruxal's analysis: Asian Paints Limited has formally confirmed that shareholders have approved the…
Read the full analysis - Asian Paints Limited announces successful appointment of Ms. Shubhlakshmi Dani as Non-Executive Director via postal ballotAGM/EGMlow impact
Cruxal's analysis: Asian Paints Limited has concluded its postal ballot process, confirming the appointment…
Read the full analysis - Asian Paints Ltd: Designated Person Subrahmanya Shreepathi submits approved trading planCompany Updatelow impact
Cruxal's analysis: Asian Paints has announced that a trading plan submitted by Mr. Subrahmanya Shreepathi, a…
Read the full analysis - Asian Paints Announces Leadership Transition: Leo Puri Appointed as Independent Director and Future ChairmanCompany Updatelow impact
Cruxal's analysis: Asian Paints Limited has announced the appointment of Mr. Leo Puri as an Additional and…
Read the full analysis - Asian Paints Ltd announces participation in upcoming analyst and investor meetingsCompany Updatelow impact
Cruxal's analysis: Asian Paints Ltd has issued an intimation regarding its participation in scheduled group…
Read the full analysis - Asian Paints Promoter Satyen A. Gandhi Pledges 2.50 Lakh Shares as CollateralInsider Trading / SASTlow impact
Cruxal's analysis: Asian Paints Limited promoter Satyen A. Gandhi has disclosed the creation of a pledge on…
Read the full analysis - Asian Paints Limited: Promoter entity Smiti Holding and Trading Company reports pledge release and new pledge creationInsider Trading / SASTlow impact
Cruxal's analysis: Asian Paints Limited promoter entity, Smiti Holding and Trading Company Private Limited…
Read the full analysis - Asian Paints receives ESG rating from NSE Sustainability Ratings & Analytics LtdCompany Updatelow impact
Cruxal's analysis: Asian Paints has formally disclosed the receipt of an ESG rating from NSE Sustainability…
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