Asian Paints Limited (BOM:500820)

Asian Paints Cash Flow Statement

Financials in millions INR. Fiscal year is April - March.

Operating Activities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Net Income	43,254	36,672	54,602	41,065	30,306
Depreciation & Amortization	12,087	10,023	8,323	8,344	7,926
Other Amortization	201.1	240.5	206.7	236	237.7
Loss (Gain) From Sale of Assets	38.1	803.4	-20.8	-117.2	-443.6
Asset Writedown & Restructuring Costs	938.7	2,233	-	246.6	134.7
Loss (Gain) From Sale of Investments	-2,865	-1,824	-2,636	-1,206	-760.9
Loss (Gain) on Equity Investments	-1,656	-1,407	-1,330	-938.5	-315.7
Stock-Based Compensation	293.5	212.5	218.4	133.8	109.4
Provision & Write-off of Bad Debts	1,277	2,512	1,258	397.7	1,134
Other Operating Activities	2,557	476.3	313.1	1,494	-510.5
Change in Accounts Receivable	-2,740	2,818	-3,619	-8,339	-13,265
Change in Inventory	9,756	-8,053	3,149	-559.8	-23,544
Change in Accounts Payable	3,961	-1,604	2,686	-5,390	6,440
Change in Other Net Operating Assets	3,781	1,138	-2,116	6,568	2,416
Operating Cash Flow	70,882	44,240	61,036	41,934	9,865
Operating Cash Flow Growth	60.22%	-27.52%	45.55%	325.09%	-73.22%

Investing Activities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Capital Expenditures	-14,670	-18,053	-21,990	-12,734	-5,382
Sale of Property, Plant & Equipment	32	101	51.3	259.2	395.8
Cash Acquisitions	-	-	-750	-	-
Divestitures	-	382.9	-	-	-
Investment in Securities	-1,187	6,165	-1,780	16.4	972.8
Other Investing Activities	2,505	2,663	-707.5	-288.3	796.9
Investing Cash Flow	-13,341	-8,741	-25,176	-12,746	-3,217

Financing Activities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Short-Term Debt Issued	2,854	-	949.8	1,598	2,927
Long-Term Debt Issued	9,934	2,198	59.1	940	398.7
Total Debt Issued	12,789	2,198	1,009	2,538	3,326
Short-Term Debt Repaid	-	-4,064	-	-	-
Long-Term Debt Repaid	-3,722	-3,458	-2,998	-2,713	-2,293
Total Debt Repaid	-3,722	-7,522	-2,998	-2,713	-2,293
Net Debt Issued (Repaid)	9,066	-5,324	-1,989	-175.1	1,033
Issuance of Common Stock	-	-	9.1	-	-
Repurchase of Common Stock	-309.2	-369.2	-	-355.7	-749.5
Common Dividends Paid	-24,254	-31,402	-25,509	-19,361	-17,410
Other Financing Activities	-8,269	-431	-2,336	-1,509	-949.7
Financing Cash Flow	-23,765	-37,526	-29,825	-21,401	-18,076

Net Cash Flow

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Foreign Exchange Rate Adjustments	58.4	-667.9	-308.5	-77	49.4
Net Cash Flow	33,834	-2,695	5,726	7,710	-11,379

Free Cash Flow

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Free Cash Flow	56,212	26,186	39,046	29,201	4,483
Free Cash Flow Growth	114.66%	-32.93%	33.72%	551.44%	-86.82%
Free Cash Flow Margin	15.80%	7.72%	11.02%	8.48%	1.55%
Free Cash Flow Per Share	58.63	27.31	40.72	30.45	4.67
Levered Free Cash Flow	43,409	20,761	40,928	11,504	761.6
Unlevered Free Cash Flow	44,630	22,180	42,211	12,407	1,358

Additional Metrics

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash Interest Paid	2,283	2,032	1,906	1,420	935.6
Cash Income Tax Paid	15,738	13,955	18,351	14,943	11,757
Change in Working Capital	14,757	-5,702	100.5	-7,721	-27,952

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 2, 2026

Data Sources Report a data error