Asian Paints balance sheet

As of Sep 2026

Total assets: ₹36,215cr+15.5% on Sep 2025
Shareholders' equity: ₹22,409cr+10.9% on Sep 2025
Total debt: ₹2,900cr+48.2% on Sep 2025
Cash and investments: ₹5,772cr+10.2% on Sep 2025

₹ crore except per share

Tap a line for its trend	H1 FY27Sep 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Current assets
Non-current assets						FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	10,159	9,165	8,631	6,302	5,355
	1,040	1,849	1,254	2,698	1,020
	218	219	220	419	228
	257	256	369	425	187
	693	656	608	583	782
	184	120	872	801	783
	1.3	1.6	0.0	0.0	0.0
	2.8	5.4	8.7	1.8	2.2
	1,170	1,538	878	607	363
	1,359	1,665	1,758	1,410	1,148
	18.7	15.7	16.1	23.3	18.7
	481	525	523	526	524
	14,225	14,350	13,380	12,387	9,263
	7,263	5,744	6,719	5,923	6,211
	5,512	6,286	3,245	3,203	2,697
	5,049	4,462	4,314	4,889	4,637
	260	673	445	829	523
	353	401	337	255	321
	0.5	0.5	0.0	0.0	0.0
	2,789	1,823	1,158	1,651	1,593
	13,964	13,644	9,499	10,828	9,771
	763	797	774	786	554
	21,990	20,185	16,992	17,537	16,535
	36,215	34,534	30,371	29,924	25,798
Equity
	95.9	95.9	95.9	95.9	95.9
	21,639	21,276	19,304	18,632	15,896
	21,735	21,372	19,400	18,728	15,992
	674	643	659	695	454
	22,409	22,015	20,059	19,424	16,446
Liabilities
	1,622	1,247	260	54.4	76.2
	1,479	1,421	1,203	1,336	775
	3,101	2,668	1,463	1,390	851
	284	274	258	223	231
	411	403	405	352	335
	33.1	37.7	45.6	34.5	39.2
	3,829	3,382	2,171	1,999	1,456
	1,278	1,046	604	1,053	896
	4,299	3,863	3,848	3,831	3,635
	3,342	3,373	3,045	2,947	2,667
	8,919	8,283	7,497	7,831	7,199
	217	217	67.2	62.5	74.2
	389	180	126	123	164
	452	458	451	484	459
	9,977	9,137	8,141	8,501	7,896
	13,806	12,520	10,312	10,500	9,352
	36,215	34,534	30,371	29,924	25,798
Assets — additional as-filed lines
	249	249	222	198	190
Trade payables — MSME split
	259	259	209	250	144
	4,040	3,604	3,639	3,581	3,492

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

ASIANPAINT₹2,302.00

Asian Paints Ltd.

· Consumer Goods

₹ CrorePeersBERGEPAINT KANSAINER INDIGOPNTS TITAN DIXON HAVELLS BLUESTARCO KALYANKJILMcap ₹2.21L Cr

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In ₹ Crore except Per Share As of	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/09/2026
Non-current Assets
+ Property, Plant & Equipment	5,354.6	6,302.5	8,631.3	9,165.0	10,158.5
+ Capital Work-in-Progress	1,019.6	2,698.4	1,254.5	1,848.7	1,040.2
+ Goodwill	228.5	419.2	219.6	219.1	217.9
+ Other Intangibles	187.4	425.0	369.2	256.2	257.1
+ Investments (Equity Method)	781.7	583.1	608.0	656.1	692.9
+ Non-current Investments	783.0	801.4	871.8	119.8	184.3
+ Long-term Loans	0.0	0.0	0.0	1.6	1.3
+ Trade Receivables — Non-current	2.2	1.8	8.7	5.4	2.8
+ Other Non-current Financial Assets	363.2	606.5	877.8	1,537.8	1,170.3
Non-current Financial Assets	1,148.3	1,409.7	1,758.3	1,664.5	1,358.7
+ Deferred Tax Assets	18.7	23.3	16.1	15.7	18.7
+ Other Non-current Assets	524.1	525.9	522.6	524.5	481.4
Total Non-current Assets	9,262.8	12,387.0	13,379.7	14,349.9	14,225.4
Current Assets
+ Inventories	6,210.6	5,923.4	6,719.3	5,743.7	7,262.8
+ Current Investments	2,697.0	3,203.4	3,245.0	6,285.8	5,512.0
+ Trade Receivables	4,636.9	4,889.1	4,313.7	4,461.8	5,049.4
+ Cash & Cash Equivalents	523.1	829.3	445.3	672.8	259.7
+ Other Bank Balances	320.7	254.7	336.7	400.9	353.0
+ Short-term Loans	0.0	0.0	0.0	0.5	0.5
+ Other Current Financial Assets	1,592.8	1,651.4	1,158.1	1,822.7	2,789.2
Current Financial Assets	9,770.5	10,827.8	9,498.7	13,644.4	13,963.7
+ Other Current Assets	554.0	785.8	773.7	796.5	763.1
Total Current Assets	16,535.2	17,537.1	16,991.7	20,184.6	21,989.6
Total Assets	25,798.0	29,924.1	30,371.4	34,534.5	36,215.0
Equity
+ Equity Share Capital	95.9	95.9	95.9	95.9	95.9
+ Other Equity / Reserves	15,896.3	18,632.4	19,303.9	21,275.7	21,638.8
Equity — Owners of Parent	15,992.2	18,728.3	19,399.8	21,371.6	21,734.7
+ Minority Interest	453.7	695.4	659.2	643.4	674.3
Total Equity	16,445.9	19,423.7	20,059.1	22,015.0	22,409.0
Liabilities
+ Borrowings — Non-current	76.2	54.4	259.6	1,247.2	1,622.0
+ Other Non-current Financial Liab	775.3	1,335.9	1,203.2	1,420.6	1,479.0
Non-current Financial Liabilities	851.5	1,390.3	1,462.9	2,667.8	3,101.0
+ Provisions — Non-current	230.7	222.6	257.8	273.8	283.8
+ Deferred Tax Liabilities	334.8	352.2	404.9	403.3	411.1
+ Other Non-current Liabilities	39.2	34.5	45.6	37.7	33.1
Non-current Liabilities	1,456.2	1,999.5	2,171.1	3,382.5	3,829.0
+ Borrowings — Current	896.1	1,052.8	604.1	1,046.1	1,277.9
+ Trade Payables	3,635.4	3,831.3	3,848.0	3,863.0	4,298.7
+ Other Current Financial Liab	2,667.5	2,947.4	3,045.3	3,373.5	3,342.3
Current Financial Liabilities	7,199.0	7,831.5	7,497.4	8,282.6	8,918.9
+ Provisions — Current	74.2	62.5	67.2	216.6	217.1
+ Current Tax Liabilities	163.7	122.5	126.1	180.0	389.5
+ Other Current Liabilities	459.0	484.5	450.6	457.9	451.6
Current Liabilities	7,895.9	8,501.0	8,141.2	9,137.0	9,977.1
Total Liabilities	9,352.1	10,500.4	10,312.3	12,519.5	13,806.0
Total Equity & Liabilities	25,798.0	29,924.1	30,371.4	34,534.5	36,215.0
Assets — additional as-filed lines
+ Current Tax Assets	189.5	198.1	221.6	248.6	248.6
Trade Payables — MSME split
+ Dues to Micro & Small — Current	143.9	250.3	208.6	258.6	258.6
+ Dues to Other Creditors — Current	3,491.6	3,581.1	3,639.4	3,604.5	4,040.1

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

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Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 197%.