Asian Paints enterprise value

·Consumer GoodsChart ›
MultiplesEnterprise valuePer share
Share price at each year-end
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
2,20,808————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
5,7726,9593,6904,0333,220
674643659695454
2,2932,2938641,107972
2,18,004————
−3,478−4,665−2,826−2,926−2,248
₹2,272.77————
24,70224,30820,92320,53117,418
9.3%9.4%4.1%5.4%5.6%
0.01×————
5.64×————
29.89×————
36.02×————
38.92×————
Reference items — trailing FY values
38,63235,58433,90635,49534,489
7,2936,6966,0067,5856,260
6,0525,4674,9806,7325,402
—7,0884,4246,1044,193
5,6015,6012,5943,6082,748
—5,5382,5373,5602,710
—1,4871,8302,4961,446
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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

ASIANPAINT₹2,302.00

Asian Paints Ltd.

· Consumer Goods
₹ CrorePeersBERGEPAINTKANSAINERINDIGOPNTSTITANDIXONHAVELLSBLUESTARCOKALYANKJILMcap ₹2.21L Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————2,20,807.8
- Cash, Equiv & ST Investments3,220.14,032.83,690.26,958.75,771.6
+ Minority Interest453.7695.4659.2643.4674.3
+ Total Debt972.21,107.1863.82,293.32,293.3
Enterprise Value————2,18,003.8
Net Debt (memo)-2,247.9-2,925.6-2,826.5-4,665.4-3,478.4
EV per Share————2,272.77
Total Capital17,418.120,530.820,922.824,308.224,702.3
Total Debt/Total Capital5.585.394.139.439.28
Total Debt/EV————0.01
EV/Sales————5.64
EV/EBITDA————29.89
EV/EBIT————36.02
EV/Free Cash Flow————38.92
Reference Items — Trailing FY Values
Sales34,488.635,494.733,905.635,583.538,632.2
EBITDA6,259.87,585.06,006.26,695.97,293.4
EBIT5,401.86,732.04,979.95,467.16,052.5
Operating Cash Flow4,193.46,103.64,424.07,088.2—
Free Cash Flow2,747.83,607.52,593.95,600.95,600.9
FCFF (free cash flow to the firm)2,709.93,560.22,536.85,537.9—
Capital Expenditure1,445.62,496.11,830.11,487.3—
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
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%.