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Asian Paints Ltd. (ASIANPAINT) Ratios
Asian Paints Ltd. Ratios
IN:ASIANPAINT's free cash flow for Q1 2027 was $0.00. For the 2027 fiscal year, IN:ASIANPAINT's free cash flow was increased by $0.00 and operating cash flow was $0.00. See a summary of the company’s cash flow.
| Ratios | Mar 26 | Mar 25 | Mar 24 | Mar 23 | Mar 22 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 2.21 | 2.09 | 2.06 | 2.09 | 2.00 |
| Quick Ratio | 1.58 | 1.26 | 1.37 | 1.31 | 1.19 |
| Cash Ratio | 0.07 | 0.05 | 0.10 | 0.07 | 0.08 |
| Solvency Ratio | 0.44 | 0.42 | 0.57 | 0.50 | 0.41 |
| Operating Cash Flow Ratio | 0.78 | 0.54 | 0.72 | 0.53 | 0.13 |
| Short-Term Operating Cash Flow Coverage | 6.78 | 7.32 | 5.80 | 4.68 | 1.35 |
| Net Current Asset Value | $ 76.65B | $ 66.79B | $ 70.37B | $ 71.83B | $ 63.67B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.11 | 0.08 | 0.08 | 0.07 | 0.07 |
| Debt-to-Equity Ratio | 0.18 | 0.12 | 0.13 | 0.12 | 0.11 |
| Debt-to-Capital Ratio | 0.16 | 0.11 | 0.12 | 0.11 | 0.10 |
| Long-Term Debt-to-Capital Ratio | 0.06 | 0.01 | 0.00 | 0.00 | 0.00 |
| Financial Leverage Ratio | 1.62 | 1.57 | 1.60 | 1.61 | 1.66 |
| Debt Service Coverage Ratio | 4.69 | 5.07 | 4.33 | 4.35 | 4.16 |
| Interest Coverage Ratio | 27.98 | 43.89 | 54.67 | 66.69 | 78.91 |
| Debt to Market Cap | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Debt Per Share | 43.02 | 26.25 | 27.94 | 21.66 | 17.54 |
| Net Debt to EBITDA | 0.44 | 0.33 | 0.23 | 0.23 | 0.21 |
| Profitability Margins | |||||
| Gross Profit Margin | 43.68% | 41.79% | 42.83% | 38.08% | 36.39% |
| EBIT Margin | 17.45% | 14.71% | 19.03% | 15.87% | 13.76% |
| EBITDA Margin | 20.91% | 16.55% | 20.41% | 17.48% | 15.66% |
| Operating Profit Margin | 15.39% | 29.33% | 31.65% | 27.98% | 25.98% |
| Pretax Profit Margin | 16.90% | 15.07% | 20.73% | 16.52% | 14.45% |
| Net Profit Margin | 12.18% | 10.83% | 15.41% | 11.93% | 10.46% |
| Continuous Operations Profit Margin | 12.37% | 10.96% | 15.68% | 12.19% | 10.64% |
| Net Income Per EBT | 72.05% | 71.86% | 74.31% | 72.18% | 72.37% |
| EBT Per EBIT | 109.81% | 51.39% | 65.51% | 59.05% | 55.63% |
| Return on Assets (ROA) | 12.52% | 12.07% | 18.25% | 15.92% | 13.19% |
| Return on Equity (ROE) | 20.24% | 18.90% | 29.15% | 25.68% | 21.94% |
| Return on Capital Employed (ROCE) | 21.53% | 44.67% | 52.36% | 53.81% | 48.84% |
| Return on Invested Capital (ROIC) | 14.95% | 31.20% | 37.29% | 37.34% | 33.90% |
| Return on Tangible Assets | 12.70% | 12.31% | 18.78% | 16.18% | 13.44% |
| Earnings Yield | 2.03% | 1.65% | 1.98% | 1.55% | 1.03% |
| Efficiency Ratios | |||||
| Receivables Turnover | 7.96 | 7.85 | 6.18 | 6.39 | 6.32 |
| Payables Turnover | 5.18 | 5.12 | 5.29 | 5.86 | 9.19 |
| Inventory Turnover | 3.48 | 2.93 | 3.42 | 3.43 | 3.00 |
| Fixed Asset Turnover | 3.22 | 3.43 | 3.94 | 5.40 | 5.25 |
| Asset Turnover | 1.03 | 1.11 | 1.18 | 1.33 | 1.26 |
| Working Capital Turnover Ratio | 3.57 | 3.79 | 4.01 | 4.25 | 4.24 |
| Cash Conversion Cycle | 80.18 | 99.68 | 96.79 | 101.26 | 139.90 |
| Days of Sales Outstanding | 45.86 | 46.50 | 59.10 | 57.16 | 57.79 |
| Days of Inventory Outstanding | 104.81 | 124.44 | 106.71 | 106.33 | 121.83 |
| Days of Payables Outstanding | 70.49 | 71.26 | 69.02 | 62.24 | 39.71 |
| Operating Cycle | 150.67 | 170.94 | 165.81 | 163.50 | 179.62 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 73.94 | 46.14 | 63.65 | 43.73 | 10.29 |
| Free Cash Flow Per Share | 58.43 | 27.05 | 37.62 | 28.65 | 4.54 |
| Dividend Paid and CapEx Coverage Ratio | 1.81 | 0.89 | 1.21 | 1.24 | 0.43 |
| Capital Expenditure Coverage Ratio | 4.77 | 2.42 | 2.45 | 2.90 | 1.79 |
| Operating Cash Flow Coverage Ratio | 1.80 | 1.93 | 2.47 | 2.17 | 0.62 |
| Operating Cash Flow to Sales Ratio | 0.20 | 0.13 | 0.17 | 0.12 | 0.03 |
| Free Cash Flow Yield | 2.62% | 1.17% | 1.31% | 1.04% | 0.15% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 49.33 | 60.55 | 50.42 | 64.49 | 97.47 |
| Price-to-Sales (P/S) Ratio | 6.01 | 6.56 | 7.77 | 7.69 | 10.19 |
| Price-to-Book (P/B) Ratio | 9.98 | 11.45 | 14.70 | 16.56 | 21.39 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 38.10 | 85.60 | 76.32 | 96.38 | 677.83 |
| Price-to-Operating Cash Flow Ratio | 30.10 | 50.19 | 45.11 | 63.16 | 299.44 |
| Price-to-Earnings Growth (PEG) Ratio | 2.75 | -1.84 | 1.53 | 1.81 | -28.23 |
| Enterprise Value Multiple | 29.16 | 39.95 | 38.29 | 44.23 | 65.30 |
| Enterprise Value | 2.17T | 2.24T | 2.77T | 2.66T | 2.96T |
| EV to EBITDA | 29.16 | 39.95 | 38.29 | 44.23 | 65.30 |
| EV to Sales | 6.10 | 6.61 | 7.82 | 7.73 | 10.23 |
| EV to Free Cash Flow | 38.68 | 86.32 | 76.77 | 96.90 | 680.04 |
| EV to Operating Cash Flow | 30.56 | 50.61 | 45.38 | 63.49 | 300.41 |
| Tangible Book Value Per Share | 224.69 | 203.08 | 193.75 | 167.15 | 143.58 |
| Shareholders’ Equity Per Share | 222.94 | 202.34 | 195.30 | 166.76 | 144.01 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.27 | 0.27 | 0.24 | 0.26 | 0.26 |
| Revenue Per Share | 370.49 | 353.16 | 369.55 | 359.02 | 302.19 |
| Net Income Per Share | 45.12 | 38.25 | 56.94 | 42.82 | 31.60 |
| Tax Burden | 0.72 | 0.72 | 0.74 | 0.72 | 0.72 |
| Interest Burden | 0.97 | 1.02 | 1.09 | 1.04 | 1.05 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.00 | 0.12 | 0.07 | 0.06 | 0.07 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 1.18 | 0.87 | 1.12 | 0.74 | 0.24 |
Currency in INR