Asian Paints Limited (NSE:ASIANPAINT)
India · Delayed Price · Currency is INR 2,523.80
+105.50 (4.36%)
Nov 5, 2026, 3:28 PM IST
Asian Paints Cash Flow Statement
Financials in millions INR. Fiscal year is April - March.
Millions INR. Fiscal year is Apr - Mar.
Operating Activities
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Net Income | 48,389 | 43,254 | 36,672 | 54,602 | 41,065 | 30,306 |
Depreciation & Amortization | 12,208 | 12,087 | 10,023 | 8,323 | 8,344 | 7,926 |
Other Amortization | 201.1 | 201.1 | 240.5 | 206.7 | 236 | 237.7 |
Loss (Gain) From Sale of Assets | -3.4 | 38.1 | 803.4 | -20.8 | -117.2 | -443.6 |
Asset Writedown & Restructuring Costs | 938.7 | 938.7 | 2,233 | - | 246.6 | 134.7 |
Loss (Gain) From Sale of Investments | -3,774 | -2,865 | -1,824 | -2,636 | -1,206 | -760.9 |
Loss (Gain) on Equity Investments | -1,711 | -1,656 | -1,407 | -1,330 | -938.5 | -315.7 |
Stock-Based Compensation | 362.6 | 293.5 | 212.5 | 218.4 | 133.8 | 109.4 |
Provision & Write-off of Bad Debts | 721.4 | 1,277 | 2,512 | 1,258 | 397.7 | 1,134 |
Other Operating Activities | 2,720 | 2,557 | 476.3 | 313.1 | 1,494 | -510.5 |
Change in Accounts Receivable | -5,546 | -2,740 | 2,818 | -3,619 | -8,339 | -13,265 |
Change in Inventory | -12,519 | 9,756 | -8,053 | 3,149 | -559.8 | -23,544 |
Change in Accounts Payable | 9,355 | 3,961 | -1,604 | 2,686 | -5,390 | 6,440 |
Change in Other Net Operating Assets | 3,717 | 3,781 | 1,138 | -2,116 | 6,568 | 2,416 |
Operating Cash Flow | 55,058 | 70,882 | 44,240 | 61,036 | 41,934 | 9,865 |
Operating Cash Flow Growth | -8.02% | 60.22% | -27.52% | 45.55% | 325.09% | -73.22% |
Investing Activities
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Capital Expenditures | -13,636 | -14,670 | -18,053 | -21,990 | -12,734 | -5,382 |
Sale of Property, Plant & Equipment | 99.6 | 32 | 101 | 51.3 | 259.2 | 395.8 |
Cash Acquisitions | - | - | - | -750 | - | - |
Divestitures | - | - | 382.9 | - | - | - |
Investment in Securities | -10,998 | -1,187 | 6,165 | -1,780 | 16.4 | 972.8 |
Other Investing Activities | 2,526 | 2,505 | 2,663 | -707.5 | -288.3 | 796.9 |
Investing Cash Flow | -22,027 | -13,341 | -8,741 | -25,176 | -12,746 | -3,217 |
Financing Activities
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 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 | 7,762 | 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 |
Lease Payments | -3,471 | -3,398 | -3,246 | -2,856 | -2,557 | -2,214 |
Total Debt Repaid | -3,781 | -3,722 | -7,522 | -2,998 | -2,713 | -2,293 |
Net Debt Issued (Repaid) | 3,981 | 9,066 | -5,324 | -1,989 | -175.1 | 1,033 |
Issuance of Common Stock | - | - | - | 9.1 | - | - |
Repurchase of Common Stock | -510.1 | -309.2 | -369.2 | - | -355.7 | -749.5 |
Common Dividends Paid | -26,638 | -24,254 | -31,402 | -25,509 | -19,361 | -17,410 |
Other Financing Activities | -2,579 | -8,269 | -431 | -2,336 | -1,509 | -949.7 |
Financing Cash Flow | -25,746 | -23,765 | -37,526 | -29,825 | -21,401 | -18,076 |
Net Cash Flow
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Foreign Exchange Rate Adjustments | 17.8 | 58.4 | -667.9 | -308.5 | -77 | 49.4 |
Net Cash Flow | 5,979 | 33,834 | -2,695 | 5,726 | 7,710 | -11,379 |
Free Cash Flow
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Free Cash Flow | 41,422 | 56,212 | 26,186 | 39,046 | 29,201 | 4,483 |
Free Cash Flow Growth | -6.41% | 114.66% | -32.93% | 33.72% | 551.44% | -86.82% |
Free Cash Flow Margin | 10.72% | 15.80% | 7.72% | 11.02% | 8.48% | 1.55% |
Free Cash Flow Per Share | 43.21 | 58.63 | 27.31 | 40.72 | 30.45 | 4.67 |
Levered Free Cash Flow | 14,947 | 43,409 | 20,761 | 40,928 | 11,504 | 761.6 |
Unlevered Free Cash Flow | 16,261 | 44,630 | 22,180 | 42,211 | 12,407 | 1,358 |
Free Cash Flow After Leases | 37,951 | 52,814 | 22,940 | 36,190 | 26,643 | 2,269 |
Additional Metrics
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Cash Interest Paid | 2,636 | 2,283 | 2,032 | 1,906 | 1,420 | 935.6 |
Cash Income Tax Paid | 16,581 | 15,738 | 13,955 | 18,351 | 14,943 | 11,757 |
Change in Working Capital | -4,994 | 14,757 | -5,702 | 100.5 | -7,721 | -27,952 |