Asian Paints Limited
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Asian Paints Limited's yearly results (2023–2026), compared with Basic Materials companies in India. Tap ? on any ratio for what it means.
What stands out
- Debt Due Cover Ratio: Debt due within a year is covered 6.8 times by its yearly operating cash. Higher than 86% of Basic Materials companies in India.
Where ₹100 of sales goes
Latest year (Mar 2026). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
₹131Over the last 3 years, every ₹100 of reported profit came with ₹131 of operating cash.
Higher than 63% of Basic Materials companies in India.
Self-Funding Ratio
3.0×Over the last 3 years its own operating cash covered its investment spending (capex) 3.0 times.
Higher than 83% of Basic Materials companies in India.
Cash Locked Ratio
₹8For every ₹100 of sales, ₹8 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against ₹13 tied up three years earlier.
Less money tied up than 81% of Basic Materials companies in India.
Growth quality
Steadiness Ratio
2/3 · 2/3Sales grew in 2 of the last 3 years; profit grew in 2 of 3.
Steadier than 56% of Basic Materials companies in India.
Growth Efficiency Ratio
—Sales barely changed
Sales changed by +3% in 3 years, too little to measure extra profit per extra sales.
Asset Productivity Ratio
+3% / +34%In 3 years sales changed by +3% while total assets changed by +34%. Assets grew faster than sales.
Balance-sheet strength
Debt Due Cover Ratio
6.8×Debt due within a year is covered 6.8 times by its yearly operating cash.
Higher than 86% of Basic Materials companies in India.
Cash Cushion Ratio
+2%Cash, after subtracting all debt, equals 2% of its market value (net cash).
Higher than 72% of Basic Materials companies in India.
Tangible Assets Ratio
99%Of every ₹100 the company owns, ₹99 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
Less tangible than 73% of Basic Materials companies in India.
Tangible Net Worth Ratio
98%Of every ₹100 of net worth, ₹98 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
Less tangible than 71% of Basic Materials companies in India.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (14)
Asian Paints Limited owes ₹0.36 for every ₹1 it owns. Net profit rose 18% in the year to Mar 2026, and grew 2% a year on average over 3 years.
Compared with Basic Materials companies in India · latest annual results Mar 2026.
P/E ratio
46.0Investors pay ₹46.0 for every ₹1 of Asian Paints Limited's yearly profit, higher than 84% of Basic Materials companies in India.
P/B ratio
10.25The share price is 10.25 times Asian Paints Limited's book value per share, higher than 96% of Basic Materials companies in India.
Market cap
₹219,031 CrThe total market value of all of Asian Paints Limited's shares at today's price (share price × number of shares), larger than almost all Basic Materials companies in India. PosiCap size class: Tito Cap.
Net worth (book value)
₹21,372 CrWhat Asian Paints Limited would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (31 Mar 2026).
Book value per share
₹222.94Net worth divided by the number of shares. The share price of ₹2,285 is 10.2 times this, which is the P/B above.
Return on equity (ROE)
22.3%Asian Paints Limited earned 22.3% on its shareholders' money over the last year, higher than 89% of Basic Materials companies in India.
Owes vs Owns
0.36×Asian Paints Limited owes ₹0.36 for every ₹1 it owns (low), lower than 53% of Basic Materials companies in India.
Dividend yield
1.18%Asian Paints Limited pays 1.18% of its share price as dividends a year, higher than 71% of dividend-paying Basic Materials companies in India.
Revenue growth
+5%Revenue rose 5% in the year to Mar 2026, and grew 1% a year on average over 3 years.
Profit growth
+18%Net profit rose 18% in the year to Mar 2026, and grew 2% a year on average over 3 years.
Profit margin
12.2%Asian Paints Limited keeps ₹12 of every ₹100 of revenue as net profit.
Cash quality
1.6×Cash from Asian Paints Limited's business was 1.6× its reported profit in the year to Mar 2026 — its profit turned into cash.
Interest cover
28.7×Asian Paints Limited's operating profit covered its interest costs 28.7 times in the year to Mar 2026.
Cash vs debt
Net cashAsian Paints Limited held ₹4,673 Cr more cash than debt (net cash) at Mar 2026.
Questions
What is Asian Paints Limited's P/E ratio?
Investors pay ₹46.0 for every ₹1 of Asian Paints Limited's yearly profit, higher than 84% of Basic Materials companies in India.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Asian Paints Limited: ₹219,031 Cr ÷ ₹21,372 Cr (31 Mar 2026) = 10.2.
What is Asian Paints Limited's return on equity?
Asian Paints Limited earned 22.3% on its shareholders' money over the last year, higher than 89% of Basic Materials companies in India.
How much does Asian Paints Limited owe compared with what it owns?
Asian Paints Limited owes ₹0.36 for every ₹1 it owns (low), lower than 53% of Basic Materials companies in India.
Does Asian Paints Limited pay a dividend?
Yes. Asian Paints Limited pays 1.18% of its share price as dividends a year, higher than 71% of dividend-paying Basic Materials companies in India.
Is Asian Paints Limited's revenue growing?
Revenue rose 5% in the year to Mar 2026, and grew 1% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.