Asian Paints Balance Sheet

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	-	4,453	8,293	5,231	6,217	3,464
Short-Term Investments	-	12,166	16,569	3,364	12,600	12,312
Trading Asset Securities	-	30,303	29,456	26,470	21,550	31,972
Cash & Short-Term Investments	56,485	46,922	54,319	35,066	40,368	47,748
Cash Growth	99.48%	-13.62%	54.91%	-13.13%	-15.46%	175.77%
Accounts Receivable	-	43,243	49,124	46,454	38,735	26,046
Other Receivables	-	4,546	4,440	15,510	4,932	2,597
Receivables	-	47,788	53,564	61,964	43,667	28,643
Inventory	-	67,193	59,234	62,106	61,530	37,986
Restricted Cash	-	80.8	123.3	80.8	90.6	-
Other Current Assets	-	7,933	8,131	6,135	5,869	5,890
Total Current Assets	-	169,917	175,371	165,352	151,523	120,266
Property, Plant & Equipment	-	98,858	90,008	63,742	55,166	55,049
Long-Term Investments	-	19,379	16,315	15,701	11,198	14,747
Goodwill	-	2,196	4,192	2,285	2,429	3,026
Other Intangible Assets	-	3,692	4,250	1,874	1,860	2,340
Long-Term Accounts Receivable	-	135.1	52.9	44	38.8	34.3
Long-Term Deferred Tax Assets	-	161.2	233.2	186.7	260.2	142.8
Other Long-Term Assets	-	9,376	8,820	8,796	7,369	8,091
Total Assets	-	303,714	299,241	257,980	229,845	203,696
Accounts Payable	-	38,480	38,313	36,354	41,643	33,787
Accrued Expenses	-	26,432	26,166	26,147	21,147	17,581
Short-Term Debt	-	5,882	10,210	8,736	2,999	1,389
Current Portion of Long-Term Debt	-	159	318	224.2	4,312	1,951
Current Portion of Leases	-	3,032	2,720	2,315	2,129	1,832
Current Income Taxes Payable	-	1,261	1,225	1,637	1,301	1,212
Current Unearned Revenue	-	1,774	1,587	1,133	774	429.7
Other Current Liabilities	-	4,391	4,472	2,413	1,405	1,076
Total Current Liabilities	-	81,412	85,010	78,959	75,710	59,259
Long-Term Debt	-	2,596	543.8	761.5	445.4	145.3
Long-Term Leases	-	11,233	10,953	7,289	5,984	5,614
Long-Term Unearned Revenue	-	331.2	352.6	400.5	30	53
Pension & Post-Retirement Benefits	-	448.7	410.4	356.4	334	400.1
Long-Term Deferred Tax Liabilities	-	4,049	3,522	3,348	3,489	4,156
Other Long-Term Liabilities	-	3,053	4,213	2,406	1,862	1,778
Total Liabilities	-	103,123	105,004	93,521	87,854	71,405
Common Stock	-	959.2	959.2	959.2	959.2	959.2
Retained Earnings	-	193,276	187,691	160,980	139,167	126,046
Treasury Stock	-	-1,347	-1,102	-1,109	-750	-
Comprehensive Income & Other	-	1,110	-265	-908.3	-1,260	1,058
Total Common Equity	195,786	193,998	187,283	159,922	138,116	128,063
Minority Interest	-	6,592	6,954	4,537	3,875	4,229
Shareholders' Equity	202,003	200,591	194,237	164,459	141,991	132,292
Total Liabilities & Equity	-	303,714	299,241	257,980	229,845	203,696
Total Debt	35,571	22,903	24,744	19,326	15,869	10,931
Net Cash (Debt)	20,914	24,019	29,575	15,739	24,499	36,816
Net Cash Growth	562.80%	-18.79%	87.90%	-35.76%	-33.46%	500.66%
Net Cash Per Share	21.81	25.05	30.84	16.41	25.54	38.38
Filing Date Shares Outstanding	958.29	959.2	959.2	959.2	959.2	959.2
Total Common Shares Outstanding	958.29	959.2	959.2	959.2	959.2	959.2
Working Capital	-	88,505	90,361	86,392	75,813	61,007
Book Value Per Share	204.34	202.25	195.25	166.73	143.99	133.51
Tangible Book Value	190,050	188,111	178,842	155,763	133,827	122,697
Tangible Book Value Per Share	198.35	196.11	186.45	162.39	139.52	127.92
Land	-	3,982	4,446	4,470	4,453	4,345
Buildings	-	24,525	18,542	18,277	16,885	16,821
Machinery	-	81,300	59,217	51,934	48,496	46,406
Construction In Progress	-	12,545	26,984	10,196	4,264	1,830
Leasehold Improvements	-	1,202	277.5	103.1	99.9	101.1

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.