ASIANPAINT quarterly results and annual financials: sales, operating profit, OPM, net profit, EPS, balance sheet, cash flow and ratios like ROCE, with YoY and QoQ growth.
Asian Paints Ltd reported sales of ₹9,977 Cr, operating profit of ₹1,557 Cr (OPM 16%) and net profit of ₹1,085 Cr for the quarter ended Sep 2026. Figures in ₹ crore, consolidated where available.
ASIANPAINT quarterly results (₹ Cr)
Metric
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Sales
8,549
8,359
8,939
8,531
8,867
9,247
10,542
9,977
Expenses
6,913
6,923
7,314
7,028
7,086
7,460
8,373
8,419
Operating Profit
1,637
1,436
1,625
1,503
1,781
1,787
2,169
1,557
OPM
19%
17%
18%
18%
20%
19%
21%
16%
Other Income
193
-60
229
237
69
197
279
290
Interest
56
53
44
44
48
59
48
55
Depreciation
256
301
301
305
313
310
304
314
Profit before tax
1,518
1,022
1,509
1,392
1,489
1,614
2,096
1,478
Tax
26%
31%
26%
27%
28%
27%
26%
27%
Net Profit
1,128
701
1,117
1,018
1,074
1,185
1,559
1,085
EPS in Rs
11.58
7.22
11.47
10.36
11.05
12.22
16.05
11.13
ASIANPAINT profit & loss, annual (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
TTM
Sales
29,101
34,489
35,495
33,906
35,584
38,632
Expenses
24,298
28,229
27,910
27,899
28,884
31,339
Operating Profit
4,804
6,260
7,585
6,006
6,700
7,293
OPM
17%
18%
21%
18%
19%
19%
Other Income
296
431
821
350
728
835
Interest
95
144
205
227
195
210
Depreciation
816
858
853
1,026
1,229
1,241
Profit before tax
4,188
5,689
7,348
5,103
6,003
6,677
Tax
26%
26%
24%
27%
27%
-
Net Profit
3,085
4,195
5,558
3,710
4,395
4,904
EPS in Rs
31.59
42.81
56.92
38.23
45.09
50.45
Dividend Payout
61%
60%
58%
65%
61%
-
ASIANPAINT balance sheet (₹ Cr)
Metric
Mar 2024
Mar 2025
Sep 2025
Mar 2026
Sep 2026
Equity Capital
96
96
96
96
96
Reserves
18,632
19,304
19,483
21,276
21,639
Borrowings
2,474
2,290
3,557
3,929
4,596
Other Liabilities
8,698
8,665
8,213
9,218
9,885
Total Liabilities
29,901
30,355
31,349
34,519
36,215
Fixed Assets
7,147
9,220
9,219
9,640
10,634
CWIP
2,698
1,254
1,766
1,849
1,040
Investments
4,588
4,725
5,431
7,062
6,389
Other Assets
15,468
15,156
14,932
15,968
18,152
Total Assets
29,901
30,355
31,349
34,519
36,215
ASIANPAINT cash flows (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
Cash from Operating Activity
986
4,193
6,104
4,424
7,088
Cash from Investing Activity
-317
-1,282
-2,548
-941
-1,328
Cash from Financing Activity
-1,808
-2,140
-2,982
-3,753
-2,377
Net Cash Flow
-1,138
771
573
-270
3,383
Free Cash Flow
475
2,774
3,613
2,604
5,604
CFO/OP
45%
91%
105%
97%
129%
CFO/EBITDAShare of operating profit converting into cash: CFO (before tax) / Operating Profit