Annual Results Results Snapshot
Figures in Cr
Consolidated - Balance Sheet Results
Mar'26
Mar'25
Mar'24
Mar'23
Mar'22
Mar'21
EQUITY AND LIABILITIES
No of Months
12
12
12
12
12
12
Share Capital
95.92
95.92
95.92
95.92
95.92
95.92
Share Warrants & Outstandings
Total Reserve
21,275.67
19,303.89
18,632.38
15,896.31
13,715.64
12,710.37
Shareholder's Funds
21,371.59
19,399.81
18,728.30
15,992.23
13,811.56
12,806.29
Minority Interest
643.39
659.24
695.38
453.66
387.53
422.86
Long-Term Borrowings
1,247.17
259.62
54.38
76.15
44.54
14.53
Secured Loans
1,247.17
259.62
54.38
65.88
16.16
14.49
Unsecured Loans
0.00
0.00
0.00
10.27
28.38
0.04
Deferred Tax Assets / Liabilities
387.52
388.79
328.85
316.17
322.83
401.31
Other Long Term Liabilities
1458.25
1248.78
1370.34
814.49
602.66
569.28
Long Term Trade Payables
0.00
0.00
0.00
0.00
0.00
0.00
Long Term Provisions
273.80
257.78
222.56
230.70
218.32
215.21
Total Non-Current Liabilities
3,366.74
2,154.97
1,976.13
1,437.51
1,188.35
1,200.33
Current Liabilities
Trade Payables
3,863.04
3,848.00
3,831.34
3,635.44
4,164.30
3,378.72
Other Current Liabilities
4,011.32
3,621.95
3,554.38
3,290.22
2,605.87
2,137.01
Short Term Borrowings
1,046.09
604.13
1,052.76
896.06
731.12
325.70
Short Term Provisions
216.58
67.15
62.48
74.21
69.70
84.43
Total Current Liabilities
9,137.03
8,141.23
8,500.96
7,895.93
7,570.99
5,925.86
Total Liabilities
34,518.75
30,355.25
29,900.77
25,779.33
22,958.43
20,355.34
ASSETS
Non-Current Assets
0.00
0.00
0.00
0.00
0.00
0.00
Gross Block
13,297.73
12,254.97
9,419.14
8,189.57
7,632.40
7,546.10
Less: Accumulated Depreciation
5,257.88
4,559.92
4,034.92
3,536.24
3,019.09
2,533.13
Less : Impairment of Assets
0.00
0.00
0.00
0.00
0.00
0.00
Net Block
7,621.51
7,376.38
5,290.35
4,561.54
4,613.31
5,012.97
Lease Adjustment
0.00
0.00
0.00
0.00
0.00
0.00
Capital Work in Progress
1,848.67
1,254.49
2,698.37
1,019.59
426.43
182.98
Intangible assets under development
0.00
0.00
0.00
0.00
0.00
0.00
Pre-operative Expenses pending
0.00
0.00
0.00
0.00
0.00
0.00
Assets in transit
0.00
0.00
0.00
0.00
0.00
0.00
Non Current Investments
775.91
1,479.79
1,384.51
1,564.71
1,066.83
1,469.68
Long Term Loans & Advances
652.55
601.80
602.16
573.15
365.67
281.72
Other Non Current Assets
1,588.50
979.69
903.96
497.46
428.11
791.19
Total Non-Current Assets
14,334.11
13,363.57
12,363.71
9,244.17
7,806.10
8,328.74
Current Assets Loans & Advances
Current Investments
6,285.83
3,244.96
3,203.41
2,697.00
2,180.70
3,267.12
Inventories
5,743.69
6,719.27
5,923.41
6,210.64
6,152.98
3,798.60
Sundry Debtors
4,461.80
4,313.65
4,889.05
4,636.94
3,871.44
2,602.17
Cash and Bank
1,073.68
781.98
1,084.01
843.82
864.33
610.75
Other Current Assets
340.69
288.84
285.19
300.93
502.87
258.06
Short Term Loans and Advances
2,278.95
1,642.98
2,151.99
1,845.83
1,580.01
1,489.90
Total Current Assets
20,184.64
16,991.68
17,537.06
16,535.16
15,152.33
12,026.60
Net Current Assets (Including Current Investments)
11,047.61
8,850.45
9,036.10
8,639.23
7,581.34
6,100.74
Total Current Assets Excluding Current Investments
13,898.81
13,746.72
14,333.65
13,838.16
12,971.63
8,759.48
Miscellaneous Expenses not written off
0.00
0.00
0.00
0.00
0.00
0.00
Total Assets
34,518.75
30,355.25
29,900.77
25,779.33
22,958.43
20,355.34
Contingent Liabilities
779.30
639.35
898.21
723.17
519.74
152.02
Total Debt
2,293.26
863.75
1,107.14
972.21
775.66
340.23
Book Value per share (adjusted)
222.81
202.25
195.25
166.72
143.99
133.51
Balance Sheet Analysis Highlights
Borrowings
YoY Growth in year ended Mar 2026 is 165.50% vs -21.98% in Mar 2025
Other Long Term Liabilities
YoY Growth in year ended Mar 2026 is 16.77% vs -8.87% in Mar 2025
Fixed Assets
YoY Growth in year ended Mar 2026 is 9.72% vs 8.04% in Mar 2025
Investments
YoY Growth in year ended Mar 2026 is -47.57% vs 6.88% in Mar 2025
Current Assets
YoY Growth in year ended Mar 2026 is 18.79% vs -3.11% in Mar 2025
Compare Balance Sheet Results of Asian Paints
Figures in Cr
Consolidated - Balance Sheet Results
Change(INR)
Change(%)
No of Months
12
12
EQUITY AND LIABILITIES
Share Capital
95.92
116.59
-20.67
-17.73%
Share Warrants & Outstandings
Total Reserve
21,275.67
6,037.51
15,238.16
252.39%
Shareholder's Funds
21,371.59
6,154.10
15,217.49
247.27%
Minority Interest
643.39
12.59
630.80
5,010.33%
Long-Term Borrowings
1,247.17
2.96
1,244.21
42,034.12%
Secured Loans
1,247.17
2.96
1,244.21
42,034.12%
Unsecured Loans
0.00
0.00
0.00
0.00%
Deferred Tax Assets / Liabilities
387.52
67.96
319.56
470.22%
Other Long Term Liabilities
1,458.25
492.23
966.02
196.25%
Long Term Trade Payables
0.00
0.00
0.00
0.00%
Long Term Provisions
273.80
15.27
258.53
1,693.06%
Total Non-Current Liabilities
3,366.74
578.42
2,788.32
482.06%
Current Liabilities
Trade Payables
3,863.04
1,740.27
2,122.77
121.98%
Other Current Liabilities
4,011.32
429.44
3,581.88
834.08%
Short Term Borrowings
1,046.09
143.28
902.81
630.10%
Short Term Provisions
216.58
66.72
149.86
224.61%
Total Current Liabilities
9,137.03
2,379.71
6,757.32
283.96%
Total Liabilities
34,518.75
9,124.82
25,393.93
278.30%
ASSETS
Non-Current Assets
0.00
0.00
0.00
0.00%
Gross Block
13,297.73
4,390.97
8,906.76
202.84%
Less: Accumulated Depreciation
5,257.88
1,343.75
3,914.13
291.28%
Less : Impairment of Assets
0.00
0.00
0.00
0.00%
Net Block
7,621.51
3,047.22
4,574.29
150.11%
Lease Adjustment
0.00
0.00
0.00
0.00%
Capital Work in Progress
1,848.67
122.64
1,726.03
1,407.40%
Intangible assets under development
0.00
2.68
-2.68
-100.00%
Pre-operative Expenses pending
0.00
0.00
0.00
0.00%
Assets in transit
0.00
0.00
0.00
0.00%
Non Current Investments
775.91
198.95
576.96
290.00%
Long Term Loans & Advances
652.55
147.95
504.60
341.06%
Other Non Current Assets
1,588.50
181.84
1,406.66
773.57%
Total Non-Current Assets
14,334.11
4,234.52
10,099.59
238.51%
Current Assets Loans & Advances
Current Investments
6,285.83
333.68
5,952.15
1,783.79%
Inventories
5,743.69
2,366.14
3,377.55
142.75%
Sundry Debtors
4,461.80
1,535.67
2,926.13
190.54%
Cash and Bank
1,073.68
500.48
573.20
114.53%
Other Current Assets
340.69
30.49
310.20
1,017.38%
Short Term Loans and Advances
2,278.95
123.84
2,155.11
1,740.24%
Total Current Assets
20,184.64
4,890.30
15,294.34
312.75%
Net Current Assets (Including Current Investments)
11,047.61
2,510.59
8,537.02
340.04%
Total Current Assets Excluding Current Investments
13,898.81
4,556.62
9,342.19
205.02%
Miscellaneous Expenses not written off
0.00
0.00
0.00
0.00%
Total Assets
34,518.75
9,124.82
25,393.93
278.30%
Contingent Liabilities
779.30
236.21
543.09
229.92%
Total Debt
2,293.26
146.24
2,147.02
1,468.15%
Book Value per share (adjusted)
222.81
52.78
170.03
322.15%
Annual - Borrowings
Borrowings 2,293.26 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 165.50% vs -21.98% in Mar 2025
Annual - Other Long Term Liabilities
Other Long Term Liabilities 1,458.25 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 16.77% vs -8.87% in Mar 2025
Annual - Fixed Assets
Fixed Assets 9,470.18 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 9.72% vs 8.04% in Mar 2025
Annual - Investments
Investments 775.91 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is -47.57% vs 6.88% in Mar 2025
Annual - Current Assets
Current Assets 20,184.64 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 18.79% vs -3.11% in Mar 2025
