About Asian Paints Limited
Data last updated: 22 December 2025
Asian Paints Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in paint and coatings, a part of the broader manufacturing sector. Incorporated on 24 October 1945, the company has been in operation for over 81 years.
Registered with ROC Mumbai under CIN L24220MH1945PLC004598. Listed on BSE: 500820 and NSE: ASIANPAINT.
Capital: an authorised share capital of ₹100 Cr and a paid-up capital of ₹95.92 Cr. Formerly known as Asian Oil & Paint Company (India) Private Limited and Asian Paints (India) Limited. It is led by directors including Amrita Amar Vakil and Jeyamurugan Jeyapandiyan Ramalingam.
Last AGM: 26 June 2025. Financial statements filed for year ended 31 March 2025. Office: 6A & 6B Shantinagar, Mumbai, Maharashtra, India – 400055.
As per the financials filed for FY 2025, the company reported a revenue of ₹34,478 Cr, a decline of 5% compared to the previous year.
The company has a workforce of approximately 9,462 employees as per the latest available data. Its group structure includes 8 subsidiaries and 2 joint ventures.
The company is associated with 3 brands - Beautiful Homes, Pure Fine Fabrics, Asian Paints. As per MCA filings, the company has satisfied charges of ₹173.16 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asianpaints.com.
-
Email*****@*****.com
-
Telephone+91-****-******
-
Website
-
Social Media
-
Apps
-
Registered Address6A & 6B Shantinagar, Mumbai, Maharashtra, India – 400055
-
IndustryManufacturing, Paint & Coatings
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Asian Paints Limited
Asian Paints Limited has undergone 3 name changes throughout its history. The company was previously known as Asian Oil & Paint Company (India) Private Limited, Asian Paints (India) Limited, and Asian Oil & Paint Co. (India) Private Limited. The current legal name is Asian Paints Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Asian Paints Limited | Current |
| Asian Oil & Paint Company (India) Private Limited | Previous |
| Asian Paints (India) Limited | Previous |
| Asian Oil & Paint Co. (India) Private Limited | Previous |
Associated Brands with Asian Paints Limited
Asian Paints Limited operates multiple associated brands including Beautiful Homes, Pure Fine Fabrics, and Asian Paints. These brands represent Asian Paints Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Interior design, home furnishings, and installation services in India. | beautifulhomes.com | |
| Industrial and decorative paints are manufactured along with related solutions. | asianpaints.com | |
| Home fabric retail and textile services in India. | purefinefabrics.com |
Competitors & Alternatives of Asian Paints Limited
Brands and companies operating in the same space as Asian Paints Limited include Kansai Nerolac, Shalimar Paints, Mapei and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
|
|
Industrial and decorative paints are manufactured by Kansai Nerolac. | Mumbai, India, India | 1920 |
|
|
Protective coatings are manufactured for industrial applications in India. | Delhi, India, India | 1902 |
|
|
Chemical products including adhesives and sealants for construction are manufactured. | Milan, Italy, Italy | 1937 |
|
|
Industrial adhesives are manufactured by Bostik for diverse applications. | Paris, France, France | 1889 |
|
|
Electroplating chemicals, paints, and equipment are manufactured by the company. | Mumbai, India, India | 1957 |
|
|
Chemical products are manufactured and distributed by Wanhua Chemical Group. | Yantai, China, China | 1998 |
|
|
Adhesives and sealants are manufactured by Pidilite in India. | Mumbai, India, India | 1959 |
|
|
Adhesives, sealants, and chemicals for construction applications are manufactured. | Dubai, United Arab Emirates, United Arab Emirates | 1972 |
|
|
Construction chemicals are supplied for building and roofing applications. | Goole, United Kingdom, United Kingdom | 1997 |
Business Activity of Asian Paints Limited
Asian Paints Limited is engaged in the principal business activity of manufacturing, with detailed activities including chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | ********* |
Auditor Details of Asian Paints Limited
Asian Paints Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Deloitte Haskins & Sells LLP | blur-value | blur-value | blur-value |
Board of Directors of Asian Paints Limited
Asian Paints Limited is currently managed by 13 directors, with 35 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Amrita Amar Vakil
Also directs:
Cozy Rentals Llp, Elcid Investments Limited, Suptaswar Investments And Trading Company Limited and 1 more
|
Director | 14 May 2014 | 12 Years 1 Months | Current |
|
Jeyamurugan Jeyapandiyan Ramalingam
Also directs:
Asian Paints Ppg Private Limited, Ppg Asian Paints Private Limited
|
Nodal Officer | 17 Jun 2020 | 6 Years 0 Months | Current |
| Varun Berry | Director | 23 Oct 2024 | 1 Years 8 Months | Current |
| Soumitra Bhattacharya | Director | 26 Oct 2023 | 2 Years 8 Months | Current |
|
Milind Shripad Sarwate
Also directs:
Increate Value Advisors Llp, Increate Social Value Advisors & Resourcers Llp, Ceat Limited and 5 more
|
Director | 21 Oct 2021 | 4 Years 8 Months | Current |
| Malav Ashwin Dani | Director | 26 Jun 2014 | 12 Years 0 Months | Current |
Financials of Asian Paints Limited FY 2026 filings available
Asian Paints Limited reported revenue of ₹35,584 Cr (up 4.95% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹35,584 Cr | ₹33,906 Cr | ₹35,495 Cr | ₹34,489 Cr | ₹29,101 Cr | ₹21,713 Cr | ₹20,211 Cr |
| Other Income | ₹723.8 Cr | ₹572.61 Cr | ₹687.96 Cr | ₹386.48 Cr | ₹380.01 Cr | ₹303.05 Cr | ₹304.31 Cr |
| Total Income | ₹36,307 Cr | ₹34,478 Cr | ₹36,183 Cr | ₹34,875 Cr | ₹29,481 Cr | ₹22,016 Cr | ₹20,516 Cr |
| Cost of Materials Consumed | ₹15,384 Cr | ₹15,794 Cr | ₹15,868 Cr | ₹17,331 Cr | ₹16,255 Cr | ₹10,317 Cr | ₹10,092 Cr |
| Purchases of Stock-in-Trade | ₹4,014.05 Cr | ₹3,926.86 Cr | ₹3,858.2 Cr | ₹4,135.65 Cr | ₹3,371.13 Cr | ₹1,872.59 Cr | ₹1,530.83 Cr |
| Changes in Inventories | ₹603.68 Cr | -₹205 Cr | ₹363.8 Cr | -₹309.73 Cr | -₹1,324.97 Cr | -₹92.45 Cr | -₹239.15 Cr |
| Employee Benefit Expense | ₹2,799.59 Cr | ₹2,597.23 Cr | ₹2,326.18 Cr | ₹2,028.07 Cr | ₹1,786.67 Cr | ₹1,540.75 Cr | ₹1,366.09 Cr |
| Finance Costs | ₹195.41 Cr | ₹227.02 Cr | ₹205.17 Cr | ₹144.45 Cr | ₹95.41 Cr | ₹91.63 Cr | ₹102.33 Cr |
| Depreciation & Amortisation | ₹1,228.85 Cr | ₹1,026.34 Cr | ₹853 Cr | ₹858.02 Cr | ₹816.36 Cr | ₹791.27 Cr | ₹780.5 Cr |
| Other Expenses | ₹6,086.25 Cr | ₹5,786.4 Cr | ₹5,493.36 Cr | ₹5,044.18 Cr | ₹4,210.25 Cr | ₹3,219.21 Cr | ₹3,299.93 Cr |
| Total Expenses | ₹30,312 Cr | ₹29,153 Cr | ₹28,968 Cr | ₹29,231 Cr | ₹25,209 Cr | ₹17,740 Cr | ₹16,932 Cr |
| Profit Before Exceptional Items & Tax | ₹5,995.46 Cr | ₹5,325.46 Cr | ₹7,214.77 Cr | ₹5,643.85 Cr | ₹4,271.85 Cr | ₹4,275.75 Cr | ₹3,583.25 Cr |
| Exceptional Items | -₹157.61 Cr | -₹363.1 Cr | ₹0 | -₹48.87 Cr | -₹115.7 Cr | ₹0 | ₹0 |
| Profit Before Tax | ₹5,837.85 Cr | ₹4,962.36 Cr | ₹7,214.77 Cr | ₹5,594.98 Cr | ₹4,156.15 Cr | ₹4,275.75 Cr | ₹3,583.25 Cr |
| Total Tax Expense | ₹1,608.75 Cr | ₹1,393.36 Cr | ₹1,790.08 Cr | ₹1,493.5 Cr | -₹4,979.65 Cr | ₹1,097.6 Cr | ₹854.85 Cr |
| Net Profit | ₹4,394.69 Cr | ₹3,709.71 Cr | ₹5,557.69 Cr | ₹4,195.33 Cr | ₹9,167.37 Cr | ₹3,206.75 Cr | ₹2,774.19 Cr |
| attributable to Owners | ₹4,325.35 Cr | ₹3,667.23 Cr | ₹5,460.23 Cr | ₹4,106.45 Cr | ₹3,030.57 Cr | ₹3,139.29 Cr | ₹2,705.17 Cr |
| attributable to NCI | ₹69.34 Cr | ₹42.48 Cr | ₹97.46 Cr | ₹88.88 Cr | ₹54.24 Cr | ₹67.46 Cr | ₹69.02 Cr |
| Other Comprehensive Income | -₹27.36 Cr | ₹114.56 Cr | ₹31.96 Cr | ₹13.04 Cr | -₹225.66 Cr | -₹5.68 Cr | ₹58.31 Cr |
| Total Comprehensive Income | ₹4,367.33 Cr | ₹3,824.27 Cr | ₹5,589.65 Cr | ₹4,208.37 Cr | ₹8,941.71 Cr | ₹3,201.07 Cr | ₹2,832.5 Cr |
| EBITDA (computed) | ₹7,419.72 Cr | ₹6,578.82 Cr | ₹8,272.94 Cr | ₹6,646.32 Cr | ₹5,183.62 Cr | ₹5,158.65 Cr | ₹4,466.08 Cr |
| Basic EPS | ₹45.12 | ₹38.25 | ₹56.95 | ₹42.83 | ₹31.59 | ₹32.73 | ₹28.25 |
| Diluted EPS | ₹45.11 | ₹38.25 | ₹56.94 | ₹42.82 | ₹31.59 | ₹32.73 | ₹28.25 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹34,534 Cr | ₹30,371 Cr | ₹29,924 Cr | ₹25,798 Cr |
| Non-current Assets | ₹14,350 Cr | ₹13,380 Cr | ₹12,387 Cr | ₹9,262.84 Cr |
| Current Assets | ₹20,185 Cr | ₹16,992 Cr | ₹17,537 Cr | ₹16,535 Cr |
| Property, Plant & Equipment | ₹9,165 Cr | ₹8,631.34 Cr | ₹6,302.47 Cr | ₹5,354.57 Cr |
| Inventories | ₹5,743.69 Cr | ₹6,719.27 Cr | ₹5,923.41 Cr | ₹6,210.64 Cr |
| Trade Receivables | ₹4,461.8 Cr | ₹4,313.65 Cr | ₹4,889.05 Cr | ₹4,636.94 Cr |
| Cash & Equivalents | ₹672.83 Cr | ₹445.28 Cr | ₹829.34 Cr | ₹523.1 Cr |
| Equity (Net Worth) | ₹22,015 Cr | ₹20,059 Cr | ₹19,424 Cr | ₹16,446 Cr |
| Equity Share Capital | ₹95.92 Cr | ₹95.92 Cr | ₹95.92 Cr | ₹95.92 Cr |
| Borrowings (Non-current) | ₹1,247.17 Cr | ₹259.62 Cr | ₹54.38 Cr | ₹76.15 Cr |
| Borrowings (Current) | ₹1,046.09 Cr | ₹604.13 Cr | ₹1,052.76 Cr | ₹896.06 Cr |
| Total Debt (computed) | ₹2,293.26 Cr | ₹863.75 Cr | ₹1,107.14 Cr | ₹972.21 Cr |
| Current Liabilities | ₹9,137.03 Cr | ₹8,141.23 Cr | ₹8,500.96 Cr | ₹7,895.93 Cr |
| Total Liabilities | ₹12,520 Cr | ₹10,312 Cr | ₹10,500 Cr | ₹9,352.11 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹7,088.18 Cr | ₹4,423.96 Cr | ₹6,103.6 Cr | ₹4,193.43 Cr | ₹986.49 Cr |
| Investing Cash Flow | -₹1,334.07 Cr | -₹874.12 Cr | -₹2,517.63 Cr | -₹1,274.64 Cr | -₹321.69 Cr |
| Financing Cash Flow | -₹2,376.51 Cr | -₹3,752.58 Cr | -₹2,982.5 Cr | -₹2,140.05 Cr | -₹1,807.61 Cr |
| Capital Expenditure | ₹1,487.32 Cr | ₹1,830.07 Cr | ₹2,496.08 Cr | ₹1,445.61 Cr | ₹550.7 Cr |
| Free Cash Flow (computed) | ₹5,600.86 Cr | ₹2,593.89 Cr | ₹3,607.52 Cr | ₹2,747.82 Cr | ₹435.79 Cr |
| Dividends Paid | ₹2,425.38 Cr | ₹3,140.21 Cr | ₹2,550.88 Cr | ₹1,936.05 Cr | ₹1,762.8 Cr |
| Net Change in Cash | ₹3,383.44 Cr | -₹269.53 Cr | ₹572.62 Cr | ₹771.04 Cr | -₹1,137.87 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹9,246.7 Cr | ₹8,867.02 Cr | ₹8,531.27 Cr | ₹8,938.55 Cr | ₹8,358.91 Cr | ₹8,549.44 Cr | ₹8,027.54 Cr | ₹8,969.73 Cr | ₹8,730.76 Cr | ₹9,103.09 Cr | ₹8,478.57 Cr | ₹9,182.31 Cr |
| Other Income | ₹171.37 Cr | ₹161 Cr | ₹198.64 Cr | ₹192.79 Cr | ₹99.85 Cr | ₹143 Cr | ₹173.55 Cr | ₹156.21 Cr | ₹187.11 Cr | ₹138.58 Cr | ₹165.2 Cr | ₹197.07 Cr |
| Total Income | ₹9,418.07 Cr | ₹9,028.02 Cr | ₹8,729.91 Cr | ₹9,131.34 Cr | ₹8,458.76 Cr | ₹8,692.44 Cr | ₹8,201.09 Cr | ₹9,125.94 Cr | ₹8,917.87 Cr | ₹9,241.67 Cr | ₹8,643.77 Cr | ₹9,379.38 Cr |
| Cost of Materials Consumed | ₹3,984.6 Cr | ₹3,635.66 Cr | ₹3,760.24 Cr | ₹4,003.55 Cr | ₹3,892.26 Cr | ₹3,740.75 Cr | ₹4,081.47 Cr | ₹4,079.44 Cr | ₹4,041.86 Cr | ₹3,837.04 Cr | ₹3,918.27 Cr | ₹4,071.04 Cr |
| Purchases of Stock-in-Trade | ₹1,061.17 Cr | ₹1,051.05 Cr | ₹983.62 Cr | ₹918.21 Cr | ₹957.18 Cr | ₹1,007.98 Cr | ₹1,007.45 Cr | ₹954.25 Cr | ₹948.31 Cr | ₹1,017.1 Cr | ₹1,036 Cr | ₹856.79 Cr |
| Changes in Inventories | ₹57.75 Cr | ₹242.16 Cr | ₹102.48 Cr | ₹201.29 Cr | -₹162.93 Cr | ₹171.65 Cr | -₹334.6 Cr | ₹120.88 Cr | -₹75.45 Cr | ₹279.49 Cr | -₹152.8 Cr | ₹312.56 Cr |
| Employee Benefit Expense | ₹720.95 Cr | ₹689.46 Cr | ₹686.22 Cr | ₹702.96 Cr | ₹631.46 Cr | ₹615.05 Cr | ₹676.5 Cr | ₹674.22 Cr | ₹614.17 Cr | ₹570.22 Cr | ₹596.11 Cr | ₹545.68 Cr |
| Finance Costs | ₹59.1 Cr | ₹47.94 Cr | ₹43.87 Cr | ₹44.5 Cr | ₹52.79 Cr | ₹55.84 Cr | ₹63.01 Cr | ₹55.38 Cr | ₹54.1 Cr | ₹54.42 Cr | ₹50.9 Cr | ₹45.75 Cr |
| Depreciation & Amortisation | ₹309.98 Cr | ₹313.07 Cr | ₹304.93 Cr | ₹300.87 Cr | ₹301.1 Cr | ₹255.55 Cr | ₹241.99 Cr | ₹227.7 Cr | ₹225.61 Cr | ₹220.35 Cr | ₹208.72 Cr | ₹198.32 Cr |
| Other Expenses | ₹1,635.62 Cr | ₹1,467.73 Cr | ₹1,495.33 Cr | ₹1,487.57 Cr | ₹1,604.74 Cr | ₹1,377.28 Cr | ₹1,357.21 Cr | ₹1,447.17 Cr | ₹1,510.5 Cr | ₹1,343.15 Cr | ₹1,364.76 Cr | ₹1,274.95 Cr |
| Total Expenses | ₹7,829.17 Cr | ₹7,447.07 Cr | ₹7,376.69 Cr | ₹7,658.95 Cr | ₹7,276.6 Cr | ₹7,224.1 Cr | ₹7,093.03 Cr | ₹7,559.04 Cr | ₹7,319.1 Cr | ₹7,321.77 Cr | ₹7,021.96 Cr | ₹7,305.09 Cr |
| Profit Before Exceptional Items & Tax | ₹1,588.9 Cr | ₹1,580.95 Cr | ₹1,353.22 Cr | ₹1,472.39 Cr | ₹1,182.16 Cr | ₹1,468.34 Cr | ₹1,108.06 Cr | ₹1,566.9 Cr | ₹1,598.77 Cr | ₹1,919.9 Cr | ₹1,621.81 Cr | ₹2,074.29 Cr |
| Exceptional Items | ₹0 | -₹157.61 Cr | ₹0 | ₹0 | -₹182.96 Cr | ₹0 | -₹180.14 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹1,588.9 Cr | ₹1,423.34 Cr | ₹1,353.22 Cr | ₹1,472.39 Cr | ₹999.2 Cr | ₹1,468.34 Cr | ₹927.92 Cr | ₹1,566.9 Cr | ₹1,598.77 Cr | ₹1,919.9 Cr | ₹1,621.81 Cr | ₹2,074.29 Cr |
| Total Tax Expense | ₹428.63 Cr | ₹415.17 Cr | ₹373.29 Cr | ₹391.66 Cr | ₹321.42 Cr | ₹389.73 Cr | ₹265.38 Cr | ₹416.83 Cr | ₹348.79 Cr | ₹492.62 Cr | ₹418.55 Cr | ₹530.12 Cr |
| Net Profit | ₹1,185.49 Cr | ₹1,073.92 Cr | ₹1,018.23 Cr | ₹1,117.05 Cr | ₹700.83 Cr | ₹1,128.43 Cr | ₹693.66 Cr | ₹1,186.79 Cr | ₹1,275.3 Cr | ₹1,475.16 Cr | ₹1,232.39 Cr | ₹1,574.84 Cr |
| attributable to Owners | ₹1,172.12 Cr | ₹1,059.87 Cr | ₹993.59 Cr | ₹1,099.77 Cr | ₹692.13 Cr | ₹1,110.48 Cr | ₹694.64 Cr | ₹1,169.98 Cr | ₹1,256.72 Cr | ₹1,447.72 Cr | ₹1,205.42 Cr | ₹1,550.37 Cr |
| attributable to NCI | ₹13.37 Cr | ₹14.05 Cr | ₹24.64 Cr | ₹17.28 Cr | ₹8.7 Cr | ₹17.95 Cr | -₹98 Lakh | ₹16.81 Cr | ₹18.58 Cr | ₹27.44 Cr | ₹26.97 Cr | ₹24.47 Cr |
| Other Comprehensive Income | -₹19.55 Cr | -₹14.86 Cr | ₹59.93 Cr | -₹52.88 Cr | -₹29.14 Cr | -₹5.79 Cr | ₹70.94 Cr | ₹78.55 Cr | -₹44.8 Cr | ₹16.82 Cr | -₹63 Lakh | ₹60.57 Cr |
| Total Comprehensive Income | ₹1,165.94 Cr | ₹1,059.06 Cr | ₹1,078.16 Cr | ₹1,064.17 Cr | ₹671.69 Cr | ₹1,122.64 Cr | ₹764.6 Cr | ₹1,265.34 Cr | ₹1,230.5 Cr | ₹1,491.98 Cr | ₹1,231.76 Cr | ₹1,635.41 Cr |
| EBITDA (computed) | ₹1,957.98 Cr | ₹1,941.96 Cr | ₹1,702.02 Cr | ₹1,817.76 Cr | ₹1,536.05 Cr | ₹1,779.73 Cr | ₹1,413.06 Cr | ₹1,849.98 Cr | ₹1,878.48 Cr | ₹2,194.67 Cr | ₹1,881.43 Cr | ₹2,318.36 Cr |
| Basic EPS | ₹12.23 | ₹11.06 | ₹10.37 | ₹11.47 | ₹7.22 | ₹11.58 | ₹7.25 | ₹12.20 | ₹13.11 | ₹15.10 | ₹12.57 | ₹16.17 |
| Diluted EPS | ₹12.22 | ₹11.05 | ₹10.36 | ₹11.47 | ₹7.22 | ₹11.58 | ₹7.24 | ₹12.20 | ₹13.10 | ₹15.10 | ₹12.57 | ₹16.17 |
| Segment · FY 2022 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Home Improvement | ₹758.36 Cr | -₹6.94 Cr | - | - |
| Paints | ₹28,350 Cr | ₹4,377.36 Cr | - | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹30,769 Cr | ₹29,553 Cr | ₹30,850 Cr | ₹30,078 Cr | ₹25,189 Cr | ₹18,517 Cr | ₹17,194 Cr |
| Other Income | ₹932.66 Cr | ₹770.15 Cr | ₹824.56 Cr | ₹518.01 Cr | ₹451.89 Cr | ₹366.32 Cr | ₹357.54 Cr |
| Total Income | ₹31,702 Cr | ₹30,323 Cr | ₹31,675 Cr | ₹30,596 Cr | ₹25,640 Cr | ₹18,883 Cr | ₹17,552 Cr |
| Cost of Materials Consumed | ₹12,671 Cr | ₹13,238 Cr | ₹13,418 Cr | ₹14,791 Cr | ₹13,839 Cr | ₹8,524.17 Cr | ₹8,432.51 Cr |
| Purchases of Stock-in-Trade | ₹3,799.84 Cr | ₹3,733.99 Cr | ₹3,444.33 Cr | ₹3,836.33 Cr | ₹2,978.69 Cr | ₹1,649.06 Cr | ₹1,283.88 Cr |
| Changes in Inventories | ₹597.09 Cr | -₹180.47 Cr | ₹356.98 Cr | -₹299.74 Cr | -₹1,208.63 Cr | -₹90.7 Cr | -₹210.21 Cr |
| Employee Benefit Expense | ₹2,176.68 Cr | ₹2,013.58 Cr | ₹1,747.89 Cr | ₹1,513.89 Cr | ₹1,310.14 Cr | ₹1,128.66 Cr | ₹985.43 Cr |
| Finance Costs | ₹127.35 Cr | ₹143.77 Cr | ₹115.42 Cr | ₹93.06 Cr | ₹70.25 Cr | ₹71.66 Cr | ₹78.38 Cr |
| Depreciation & Amortisation | ₹1,085.65 Cr | ₹901.85 Cr | ₹734.49 Cr | ₹755.83 Cr | ₹721.56 Cr | ₹697.47 Cr | ₹689.97 Cr |
| Other Expenses | ₹5,344.61 Cr | ₹5,194.95 Cr | ₹4,852.45 Cr | ₹4,416.49 Cr | ₹3,681.62 Cr | ₹2,812.48 Cr | ₹2,845.44 Cr |
| Total Expenses | ₹25,802 Cr | ₹25,046 Cr | ₹24,670 Cr | ₹25,107 Cr | ₹21,393 Cr | ₹14,793 Cr | ₹14,105 Cr |
| Profit Before Exceptional Items & Tax | ₹5,900.13 Cr | ₹5,276.81 Cr | ₹7,005.04 Cr | ₹5,489.6 Cr | ₹4,247.87 Cr | ₹4,090.38 Cr | ₹3,446.23 Cr |
| Exceptional Items | -₹166.53 Cr | -₹379.63 Cr | ₹0 | ₹0 | -₹53.73 Cr | ₹0 | -₹33.2 Cr |
| Profit Before Tax | ₹5,733.6 Cr | ₹4,897.18 Cr | ₹7,005.04 Cr | ₹5,489.6 Cr | ₹4,194.14 Cr | ₹4,090.38 Cr | ₹3,413.03 Cr |
| Total Tax Expense | ₹1,489.43 Cr | ₹1,312.3 Cr | ₹1,683.49 Cr | ₹1,389.42 Cr | ₹1,059.43 Cr | ₹1,037.87 Cr | ₹759.08 Cr |
| Net Profit | ₹4,244.17 Cr | ₹3,584.88 Cr | ₹5,321.55 Cr | ₹4,100.18 Cr | ₹3,134.71 Cr | ₹3,052.51 Cr | ₹2,653.95 Cr |
| Other Comprehensive Income | -₹45.92 Cr | ₹233.5 Cr | ₹27.6 Cr | ₹67.35 Cr | -₹72.31 Cr | ₹50.53 Cr | ₹50.4 Cr |
| Total Comprehensive Income | ₹4,198.25 Cr | ₹3,818.38 Cr | ₹5,349.15 Cr | ₹4,167.53 Cr | ₹3,062.4 Cr | ₹3,103.04 Cr | ₹2,704.35 Cr |
| EBITDA (computed) | ₹7,113.13 Cr | ₹6,322.43 Cr | ₹7,854.95 Cr | ₹6,338.49 Cr | ₹5,039.68 Cr | ₹4,859.51 Cr | ₹4,214.58 Cr |
| Basic EPS | ₹44.27 | ₹37.39 | ₹55.50 | ₹42.76 | ₹32.68 | ₹31.82 | ₹27.67 |
| Diluted EPS | ₹44.27 | ₹37.39 | ₹55.49 | ₹42.76 | ₹32.68 | ₹31.82 | ₹27.67 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹30,084 Cr | ₹26,653 Cr | ₹25,982 Cr | ₹22,530 Cr |
| Non-current Assets | ₹12,828 Cr | ₹12,365 Cr | ₹11,429 Cr | ₹8,654.11 Cr |
| Current Assets | ₹17,256 Cr | ₹14,288 Cr | ₹14,553 Cr | ₹13,876 Cr |
| Property, Plant & Equipment | ₹7,623.62 Cr | ₹7,797.62 Cr | ₹5,269.23 Cr | ₹4,568.52 Cr |
| Inventories | ₹4,824.74 Cr | ₹5,848.23 Cr | ₹5,074.76 Cr | ₹5,321.79 Cr |
| Trade Receivables | ₹3,227.71 Cr | ₹3,197.55 Cr | ₹3,633.45 Cr | ₹3,462.61 Cr |
| Cash & Equivalents | ₹395.38 Cr | ₹176.19 Cr | ₹325.96 Cr | ₹156.44 Cr |
| Equity (Net Worth) | ₹20,782 Cr | ₹18,983 Cr | ₹18,425 Cr | ₹15,586 Cr |
| Equity Share Capital | ₹95.92 Cr | ₹95.92 Cr | ₹95.92 Cr | ₹95.92 Cr |
| Borrowings (Non-current) | ₹848.94 Cr | ₹37.25 Cr | ₹35.58 Cr | ₹49.36 Cr |
| Borrowings (Current) | ₹340.73 Cr | ₹2.15 Cr | ₹17.86 Cr | ₹0 |
| Total Debt (computed) | ₹1,189.67 Cr | ₹39.4 Cr | ₹53.44 Cr | ₹49.36 Cr |
| Current Liabilities | ₹7,005.88 Cr | ₹6,216.2 Cr | ₹6,221.01 Cr | ₹5,831.46 Cr |
| Total Liabilities | ₹9,302.7 Cr | ₹7,669.63 Cr | ₹7,556.81 Cr | ₹6,944.28 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹6,760.94 Cr | ₹4,165.76 Cr | ₹5,737.84 Cr | ₹4,221.65 Cr | ₹1,260.31 Cr |
| Investing Cash Flow | -₹1,190.12 Cr | -₹832.47 Cr | -₹2,263.19 Cr | -₹1,396.88 Cr | -₹339.98 Cr |
| Financing Cash Flow | -₹2,144.5 Cr | -₹3,415.68 Cr | -₹2,974.48 Cr | -₹2,184.87 Cr | -₹1,989.32 Cr |
| Capital Expenditure | ₹1,196.39 Cr | ₹1,067.17 Cr | ₹2,171.2 Cr | ₹1,223.94 Cr | ₹415.05 Cr |
| Free Cash Flow (computed) | ₹5,564.55 Cr | ₹3,098.59 Cr | ₹3,566.64 Cr | ₹2,997.71 Cr | ₹845.26 Cr |
| Dividends Paid | ₹2,402.87 Cr | ₹3,107.91 Cr | ₹2,532.38 Cr | ₹1,908.86 Cr | ₹1,740.95 Cr |
| Net Change in Cash | ₹3,426.32 Cr | -₹82.39 Cr | ₹500.17 Cr | ₹639.9 Cr | -₹1,068.99 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹7,920.24 Cr | ₹7,624.5 Cr | ₹7,356.29 Cr | ₹7,868.45 Cr | ₹7,192.41 Cr | ₹7,320.53 Cr | ₹6,868.37 Cr | ₹7,881.62 Cr | ₹7,480.93 Cr | ₹7,913.01 Cr | ₹7,342.22 Cr | ₹8,113.96 Cr |
| Other Income | ₹195.31 Cr | ₹257.79 Cr | ₹231.96 Cr | ₹247.67 Cr | ₹138.04 Cr | ₹226.45 Cr | ₹181.56 Cr | ₹225.55 Cr | ₹197.42 Cr | ₹238.07 Cr | ₹172.3 Cr | ₹216.77 Cr |
| Total Income | ₹8,115.55 Cr | ₹7,882.29 Cr | ₹7,588.25 Cr | ₹8,116.12 Cr | ₹7,330.45 Cr | ₹7,546.98 Cr | ₹7,049.93 Cr | ₹8,107.17 Cr | ₹7,678.35 Cr | ₹8,151.08 Cr | ₹7,514.52 Cr | ₹8,330.73 Cr |
| Cost of Materials Consumed | ₹3,276.01 Cr | ₹2,956.79 Cr | ₹3,063.74 Cr | ₹3,374.25 Cr | ₹3,208.04 Cr | ₹3,044.46 Cr | ₹3,439.05 Cr | ₹3,508.94 Cr | ₹3,392.47 Cr | ₹3,206.29 Cr | ₹3,337.61 Cr | ₹3,481.71 Cr |
| Purchases of Stock-in-Trade | ₹1,003.34 Cr | ₹978 Cr | ₹954.01 Cr | ₹864.49 Cr | ₹901.59 Cr | ₹903.73 Cr | ₹919.35 Cr | ₹836.51 Cr | ₹822.58 Cr | ₹919.05 Cr | ₹933.56 Cr | ₹769.14 Cr |
| Changes in Inventories | ₹13.05 Cr | ₹250.85 Cr | ₹111.71 Cr | ₹221.48 Cr | -₹168.84 Cr | ₹193.85 Cr | -₹331.64 Cr | ₹138.88 Cr | -₹76.9 Cr | ₹274.06 Cr | -₹167.6 Cr | ₹327.42 Cr |
| Employee Benefit Expense | ₹556.24 Cr | ₹532.54 Cr | ₹533.41 Cr | ₹554.49 Cr | ₹481.06 Cr | ₹447.58 Cr | ₹511.39 Cr | ₹514.48 Cr | ₹465.85 Cr | ₹427.91 Cr | ₹449.52 Cr | ₹404.61 Cr |
| Finance Costs | ₹39.39 Cr | ₹28.03 Cr | ₹29.68 Cr | ₹30.25 Cr | ₹34.04 Cr | ₹32.77 Cr | ₹39.04 Cr | ₹30.43 Cr | ₹30.6 Cr | ₹31.01 Cr | ₹27.52 Cr | ₹26.29 Cr |
| Depreciation & Amortisation | ₹267.21 Cr | ₹275.06 Cr | ₹273.49 Cr | ₹269.29 Cr | ₹269.42 Cr | ₹221.35 Cr | ₹207.34 Cr | ₹195.71 Cr | ₹193.54 Cr | ₹189.97 Cr | ₹178.89 Cr | ₹172.09 Cr |
| Other Expenses | ₹1,401.56 Cr | ₹1,279.6 Cr | ₹1,334.3 Cr | ₹1,333.7 Cr | ₹1,446.33 Cr | ₹1,222.54 Cr | ₹1,208.01 Cr | ₹1,289.79 Cr | ₹1,328.14 Cr | ₹1,188.6 Cr | ₹1,204.39 Cr | ₹1,131.32 Cr |
| Total Expenses | ₹6,556.8 Cr | ₹6,300.87 Cr | ₹6,300.34 Cr | ₹6,647.95 Cr | ₹6,171.64 Cr | ₹6,066.28 Cr | ₹5,992.54 Cr | ₹6,514.74 Cr | ₹6,156.28 Cr | ₹6,236.89 Cr | ₹5,963.89 Cr | ₹6,312.58 Cr |
| Profit Before Exceptional Items & Tax | ₹1,558.75 Cr | ₹1,581.42 Cr | ₹1,287.91 Cr | ₹1,468.17 Cr | ₹1,158.81 Cr | ₹1,480.7 Cr | ₹1,057.39 Cr | ₹1,592.43 Cr | ₹1,522.07 Cr | ₹1,914.19 Cr | ₹1,550.63 Cr | ₹2,018.15 Cr |
| Exceptional Items | ₹0 | -₹166.53 Cr | ₹0 | ₹0 | -₹179.81 Cr | ₹0 | -₹199.82 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹1,558.75 Cr | ₹1,414.89 Cr | ₹1,287.91 Cr | ₹1,468.17 Cr | ₹979 Cr | ₹1,480.7 Cr | ₹857.57 Cr | ₹1,592.43 Cr | ₹1,522.07 Cr | ₹1,914.19 Cr | ₹1,550.63 Cr | ₹2,018.15 Cr |
| Total Tax Expense | ₹398.01 Cr | ₹389.55 Cr | ₹332.35 Cr | ₹368.54 Cr | ₹284.72 Cr | ₹372.11 Cr | ₹255.26 Cr | ₹400.03 Cr | ₹312.68 Cr | ₹470.65 Cr | ₹390.38 Cr | ₹509.78 Cr |
| Net Profit | ₹1,160.74 Cr | ₹1,025.34 Cr | ₹955.56 Cr | ₹1,099.63 Cr | ₹694.28 Cr | ₹1,108.59 Cr | ₹602.31 Cr | ₹1,192.4 Cr | ₹1,209.39 Cr | ₹1,443.54 Cr | ₹1,160.25 Cr | ₹1,508.37 Cr |
| Other Comprehensive Income | -₹40.87 Cr | -₹10.99 Cr | ₹34.09 Cr | -₹25.05 Cr | ₹2.99 Cr | -₹26.23 Cr | ₹159.69 Cr | ₹97.05 Cr | -₹53.11 Cr | ₹34.59 Cr | ₹6.96 Cr | ₹39.16 Cr |
| Total Comprehensive Income | ₹1,119.87 Cr | ₹1,014.35 Cr | ₹989.65 Cr | ₹1,074.58 Cr | ₹697.27 Cr | ₹1,082.36 Cr | ₹762 Cr | ₹1,289.45 Cr | ₹1,156.28 Cr | ₹1,478.13 Cr | ₹1,167.21 Cr | ₹1,547.53 Cr |
| EBITDA (computed) | ₹1,865.35 Cr | ₹1,884.51 Cr | ₹1,591.08 Cr | ₹1,767.71 Cr | ₹1,462.27 Cr | ₹1,734.82 Cr | ₹1,303.77 Cr | ₹1,818.57 Cr | ₹1,746.21 Cr | ₹2,135.17 Cr | ₹1,757.04 Cr | ₹2,216.53 Cr |
| Basic EPS | ₹12.11 | ₹10.70 | ₹9.97 | ₹11.47 | ₹7.24 | ₹11.56 | ₹6.28 | ₹12.44 | ₹12.61 | ₹15.06 | ₹12.10 | ₹15.73 |
| Diluted EPS | ₹12.11 | ₹10.69 | ₹9.97 | ₹11.47 | ₹7.24 | ₹11.56 | ₹6.28 | ₹12.44 | ₹12.61 | ₹15.05 | ₹12.10 | ₹15.73 |
| Segment · FY 2022 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Home Improvement | ₹360.34 Cr | ₹3.81 Cr | - | - |
| Paints | ₹24,828 Cr | ₹4,360.8 Cr | - | - |
Shareholding Pattern of Asian Paints Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 52.63%, foreign institutional investors hold 12.11%, domestic institutional investors hold 21.81%, retail and other public shareholders hold 13.40% of Asian Paints Limited. The company had 1,001,799 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 52.63% | 52.63% | 52.63% | 52.63% | 52.63% | 52.63% |
| Public | 47.32% | 47.31% | 47.31% | 47.31% | 47.33% | 47.32% |
| Employee Trusts | 0.06% | 0.06% | 0.06% | 0.07% | 0.05% | 0.05% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 52.63% | 52.63% | 52.63% | 52.63% | 52.63% | 52.79% | 52.79% | 52.79% | 52.79% | 52.79% | 52.79% |
| Public | 47.32% | 47.33% | 47.34% | 47.34% | 47.35% | 47.21% | 47.21% | 47.21% | 47.21% | 47.21% | 47.21% |
| Employee Trusts | 0.06% | 0.05% | 0.04% | 0.04% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | +0.00 | +0.00 | -0.16 | +0.00 | +0.00 | +0.00 | +0.00 | +0.00 | - |
Board & Governance of Asian Paints Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Asian Paints Limited has 12 directors - 6 independent and 1 executive. The board is chaired by R Seshasayee.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| R Seshasayee | Non-Executive - Independent Director · Chairperson | 2017-01-23 | 1 |
| Manish Mahendra Choksi | Non-Executive - Non Independent Director | 2018-10-22 | 4 |
| Amit Syngle | Executive Director · CEO-MD | 2020-04-01 | 1 |
| Malav Ashwin Dani | Non-Executive - Non Independent Director | 2013-10-21 | 2 |
| Amrita Amar Vakil | Non-Executive - Non Independent Director | 2014-05-14 | 2 |
| Ashish Ashwin Choksi | Non-Executive - Non Independent Director | 2025-04-01 | 1 |
| Nehal Abhay Vakil | Non-Executive - Non Independent Director | 2022-03-01 | 1 |
| Milind Shripad Sarwate | Non-Executive - Independent Director | 2021-10-21 | 6 |
| Ireena Vittal | Non-Executive - Independent Director | 2023-07-25 | 3 |
| Soumitra Bhattacharya | Non-Executive - Independent Director | 2023-10-26 | 3 |
| Gopichand Katragadda | Non-Executive - Independent Director | 2024-04-01 | 2 |
| Varun Berry | Non-Executive - Independent Director | 2024-10-23 | 2 |
| Committee | Members |
|---|---|
| Audit Committee | Milind Shripad Sarwate (Chairperson), Ireena Vittal, Soumitra Bhattacharya |
| Nomination and remuneration committee | Soumitra Bhattacharya (Chairperson), Manish Mahendra Choksi, R Seshasayee, Varun Berry |
| Stakeholders Relationship Committee | Gopichand Katragadda (Chairperson), Nehal Abhay Vakil, Ashish Ashwin Choksi |
| Risk Management Committee | Ireena Vittal (Chairperson), Ashish Ashwin Choksi, Milind Shripad Sarwate, Nehal Abhay Vakil, Rahul Bhatnagar |
| Corporate Social Responsibility Committee | Malav Ashwin Dani (Chairperson), Gopichand Katragadda, Amrita Amar Vakil, Amit Syngle |
| Investment Committee | R Seshasayee (Chairperson), Manish Mahendra Choksi, Malav Ashwin Dani, Amit Syngle, Amrita Amar Vakil, Soumitra Bhattacharya |
Group Structure of Asian Paints Limited
Asian Paints Limited has 8 subsidiary companies and 2 joint ventures. This group structure data is as of FY 2024. The corporate group structure reflects Asian Paints Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Harind Chemicals And Pharmaceuticals Private Limited | U24110MH1995PTC089205 | - |
| Asian Paints Industrial Coatings Limited | U24220MH2001PLC133523 | - |
| Asian Paints (Polymers) Private Limited | U24222MH2023PTC397471 | - |
| Sleek International Private Limited | U31300MH1993PTC070859 | - |
| Weatherseal Fenestration Private Limited | U36990KA2022PTC158753 | - |
| Maxbhumi Developers Limited | U45400MH2007PLC175925 | - |
Showing major subsidiaries. Total: 8.
Charges & Borrowings of Asian Paints Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Mar 2002 | Pradeshiya Industrial Corporation of U.P.Ltd | ₹38.16 Cr | Satisfied |
| 29 Dec 1995 | State Bank of India | ₹135 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Asian Paints Limited
Asian Paints Limited has a workforce of 9,462 employees as of Apr 07, 2024.
Employee Count & EPFO Data of Asian Paints Limited
Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.
GST Compliance of Asian Paints Limited
GSTIN & GST Filing Data of Asian Paints Limited
Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.
Credit Ratings, Litigation & Regulatory Alerts for Asian Paints Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Asian Paints Limited
Access complete credit rating history, litigation records, regulatory alerts, and compliance data.
MSME Payment Delays by Asian Paints Limited
MSME Payment Delays by Asian Paints Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Asian Paints Limited
Subsidiaries & Group Companies of Asian Paints Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Asian Paints Limited with ownership details.
MCA Filings & Documents of Asian Paints Limited
MCA Filings & Documents of Asian Paints Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Asian Paints Limited
Recent News on Asian Paints Limited
Frequently Asked Questions about Asian Paints Limited
Asian Paints Limited is an active public limited company in the manufacturing sector based in Mumbai, Maharashtra, India. It was incorporated on 24 October 1945 (81+ years old) and is registered under CIN L24220MH1945PLC004598. Listed on BSE: 500820 and NSE: ASIANPAINT. The company has 9,462 employees.
Asian Paints Limited reported revenue of ₹34,478 Cr for FY 2025 (down 5.00% YoY).
The current directors of Asian Paints Limited are:
The primary industry of Asian Paints Limited is manufacturing. The company specifically operates in paint and coatings. The company is currently active in this sector.
Yes. Asian Paints Limited is listed on both BSE (code: 500820) and NSE (symbol: ASIANPAINT).
Asian Paints Limited can be reached at the registered office: 6A & 6B Shantinagar, Mumbai, Maharashtra, India – 400055, or through the website asianpaints.com.