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Asian Paints Ltd

NSE:ASIANPAINTBasic MaterialsNSE:CNX100NSE:CNX200

₹2,330.70−0.05%At closeAt close · Mon 19 Oct · ≈ AED 89.92 · Market cap $23.51B · Next earnings Thu 29 Oct

Ratio	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026	Current · undated	YoY
Gross margin	43.2%	36.4%	38.1%	42.8%	41.8%	43.7%	—	—
Operating margin	31.3%	26.0%	28.0%	31.7%	29.3%	15.4%	15.4%	+0.0 pts
Net margin	14.6%	10.5%	11.9%	15.4%	10.8%	12.2%	16.9%	+4.7 pts
EBITDA margin	21.5%	15.7%	17.5%	20.4%	16.6%	20.9%	—	—
Return on equity	24.5%	21.9%	25.7%	29.2%	18.9%	20.2%	27.3%	+7.0 pts
Return on assets	15.4%	13.2%	15.9%	18.2%	12.1%	12.5%	17.4%	+4.9 pts
Return on capital employed	46.6%	48.8%	53.8%	52.4%	44.7%	21.5%	—	—
Debt / equity	0.1×	0.1×	0.1×	0.1×	0.1×	0.2×	0.2×	−2.9%
Debt / assets	5.4%	6.9%	7.5%	8.3%	7.5%	11.4%	—	—
Interest coverage	73.5×	78.9×	66.7×	54.7×	43.9×	28.0×	—	—
Current ratio	2.0×	2.0×	2.1×	2.1×	2.1×	2.2×	2.2×	+0.0%
Quick ratio	1.4×	1.2×	1.3×	1.4×	1.3×	1.6×	—	—
Cash ratio	0.1×	0.1×	0.1×	0.1×	0.1×	0.1×	0.1×	+0.0%
Asset turnover	1.1×	1.3×	1.3×	1.2×	1.1×	1.0×	—	—
Inventory turnover	3.2×	3.0×	3.4×	3.4×	2.9×	3.5×	—	—
Receivables turnover	8.3×	6.3×	6.4×	6.2×	7.8×	8.0×	—	—
Dividend payout	15.9%	58.2%	47.1%	46.7%	85.6%	56.1%	—	—

Margins, returns, leverage and liquidityUpdated Tue 31 Mar ·

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Current snapshot ratios have no reporting date and are shown separately from fiscal periods.