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Asian Paints Limited
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ASIAN PAINTS LIMITED

www.asianpaints.com

All Companies ›

Maharashtra ›

Manufacturing of Chemical Products ›

ASIAN PAINTS LIMITED

Active

Updated: 01 Jul 2025

The company manufactures decorative paints, varnishes, enamels, and black & synthetic resins.

Asian Paints Limited, also popularly known as Asian Paints, is a listed public company incorporated on 24 October, 1945. It is classified as a public limited company and is located in , . It's authorized share capital is INR 100.00 cr and the total paid-up capital is INR 95.92 cr.

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Industry and products

Manufacturing of Pharmaceuticals

Adhesives., enamels, Interior walls paints, Metal Finishes, Wall Art, Wood Finishes, Wall Coverings, Stencils

Company size

Auth Capital

₹ 100.0 Cr

Paidup Capital

₹ 95.9 Cr

Revenue

₹ >5000 cr

Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Total Revenue

3.52%

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EBITDA

20.79%

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Net Profit

29.79%

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Networth

18.22%

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Borrowings

8.27%

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Assets

15.32%

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Gross Margin

5.11

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Operating Margin

3.44

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Net Profit Margin

3.4

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Return on Equity

2.57

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ROCE

1.68

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Debt to Equity

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Sales

Mar 2024

Net worth

Mar 2024

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Locations

India (224)

State	Type	Address

Locations on Map

People

Designation	Name	DIN/PAN	Tenure
Director	Seshasayee Ramaswami Shareholder	00047985	8 years
Director	Milind Shripad Sarwate Shareholder	00109854	4 years
Director Appointed in Casual V	Nehal Vakil Abhay Shareholder	00165627	3 years
Director	Amrita Amar Vakil Shareholder	00170725	11 years
Director	Malav Ashwin Dani Shareholder	01184336	11 years
Managing Director	Amit Syngle Shareholder	07232566	5 years
Director	Manish Mahendra Choksi Shareholder	00026496	7 years
Additional Director	Ashish Ashwin Choksi	00059132	0 years
Director	Varun Berry	05208062	1 years
Director	Soumitra Bhattacharya	02783243	2 years
Director	Gopichand Katragadda	02475721	1 years
Director	Ireena Vittal	05195656	2 years

Financial Highlights

Financials upto March 2024 available in Tofler Pro

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	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	95.9	95.9	95.9	95.9	95.9
Reserves	10,437.8	13,133.2	14,103.2	16,350.0	19,327.8
Borrowings +	340.1	340.2	775.7	972.2	1,107.1
Long term borrowings	18.6	14.5	44.5	76.2	54.4
Short term borrowings	321.5	325.7	731.1	896.1	1,052.8
Trade payables +	2,136.6	3,378.7	4,164.3	3,635.4	3,831.3
Days payable	69.0	102.0	83.0	63.0	70.0
Other liabilities +	5,281.0	6,800.2	8,009.7	8,379.9	9,393.3
Other non-current liabilities	1,222.1	1,200.1	1,169.8	1,380.0	1,945.1
Other current liabilities	1,922.3	2,221.4	2,675.6	3,364.4	3,616.9
Total liabilities	16,154.8	20,369.6	22,984.5	25,798.0	29,924.1
Fixed Assets +	6,412.6	6,041.5	5,945.5	6,790.1	9,845.0
Tangible assets	5,684.9	5,321.9	5,090.2	5,354.6	6,302.5
CWIP	140.2	183.0	426.4	1,019.6	2,698.4
Intangible assets	587.5	536.6	428.9	415.9	844.1
LT loans and advances	68.2	61.9	-	-	-
Other non-current assets	2,107.7	2,100.9	1,886.6	2,472.8	2,542.0
Current assets +	7,566.2	12,165.3	15,152.3	16,535.2	17,537.1
Inventories	3,389.8	3,798.6	6,153.0	6,210.6	5,923.4
Trade receivables	1,795.2	2,602.2	3,871.4	4,636.9	4,889.1
Cash and cash equivalents	563.8	346.4	621.7	523.1	829.3
ST loans and advances	18.7	17.6	-	-	-
Other current assets	1,798.7	5,400.6	4,506.2	5,164.5	5,895.3
Total assets	16,154.8	20,369.6	22,984.5	25,798.0	29,924.1

Percentage of assets	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	0.59	0.47	0.42	0.37	0.32
Reserves	64.61	64.47	61.36	63.38	64.59
Borrowings +	2.11	1.67	3.37	3.77	3.7
Long term borrowings	0.12	0.07	0.19	0.3	0.18
Short term borrowings	1.99	1.6	3.18	3.47	3.52
Trade payables	13.23	16.59	18.12	14.09	12.8
Other liabilities +	32.69	33.38	34.85	32.48	31.39
Other non-current liabilities	7.56	5.89	5.09	5.35	6.5
Other current liabilities	11.9	10.91	11.64	13.04	12.09
Total liabilities
Fixed Assets +	39.69	29.66	25.87	26.32	32.9
Tangible assets	35.19	26.13	22.15	20.76	21.06
CWIP	0.87	0.9	1.86	3.95	9.02
Intangible assets	3.64	2.63	1.87	1.61	2.82
LT loans and advances	0.42	0.3	0.0	0.0	0.0
Other non-current assets	13.05	10.31	8.21	9.59	8.49
Current assets +	46.84	59.72	65.92	64.09	58.61
Inventories	20.98	18.65	26.77	24.07	19.79
Trade receivables	11.11	12.77	16.84	17.97	16.34
Cash and cash equivalents	3.49	1.7	2.7	2.03	2.77
ST loans and advances	0.12	0.09	0.0	0.0	0.0
Other current assets	11.13	26.51	19.61	20.02	19.7
Total assets

Total assets

Charges on assets

As per information available, the company has no registered charges.

Company Network

Companies connected through Directors

Name	Status	Paid up Capital	Common Directors	Address
TECHNICAL INSTRUMENTS MANUFACTURERS (IND IA) LIMITED	Amalgamated	5.0 L	1	Maharashtra
SATYADHARMA INVESTMENTS AND TRADING COMPANY PRIVATE LIMITED	Active	1.4 L	1	Maharashtra
ELF TRADING AND CHEMICAL MANUFACTURING PRIVATE LIMITED	Active	18.7 L	2	Maharashtra
UNOTECH SOFTWARE PRIVATE LIMITED	Active	21.9 L	1	Maharashtra
JATAYU INVESTMENTS LIMITED	Amalgamated	5.0 L	1	Maharashtra
RICINASH RENEWABLE MATERIALS PRIVATE LIMITED	Active	13.8 Cr	2	Maharashtra
ASHIMARA HOUSING PRIVATE LIMITED	Active	2.7 Cr	1	Delhi
GERMINAIT SOLUTIONS PRIVATE LIMITED	Active	10.1 Cr	1	Maharashtra
VEDANT FASHIONS LIMITED	Active	24.3 Cr	1
HINDUSTAN PENCILS PRIVATE LIMITED	Active	13.8 Cr	1
MSL DRIVELINE SYSTEMS LIMITED	Active	7.0 Cr	1
TORRENT PHARMACEUTICALS LTD	Active	169.2 Cr	1
BIRLASOFT LIMITED	Active	55.6 Cr	1
ASHLEY AIRWAYS LIMITED	Dissolved	3.0 Cr	1	Maharashtra
CENTAURUS TRADING AND INVESTMENTS PRIVATE LIMITED	Active	1.0 L	1	Maharashtra
ASHWIN HOLDINGS PRIVATE LIMITED	Amalgamated	1.0 L	1	Maharashtra
RIASH REALTY PRIVATE LIMITED	Active	14.1 L	1	Maharashtra
SUDHANVA INVESTMENTS AND TRADING COMPANY PRIVATE LIMITED	Active	1.6 L	1	Maharashtra
HALITE PERSONAL CARE INDIA PRIVATE LIMITED	Under Liquidation	91.9 L	1	Maharashtra
INCREATE FOUNDATION	Active	5.0 L	1	Maharashtra
INCREATE SOCIAL VALUE ADVISORS & RESOURCERS LLP	Active	1.0 L	1	Maharashtra
INCREATE VALUE ADVISORS LLP	Active	1.0 L	1	Maharashtra
SEQUENT SCIENTIFIC LIMITED	Active	49.9 Cr	1	Maharashtra
HEXAWARE TECHNOLOGIES LIMITED	Active	60.7 Cr	1	Maharashtra
WHEELSEMI PRIVATE LIMITED	Active	50.1 Cr	1
FSN E-COMMERCE VENTURES LIMITED	Active	286.0 Cr	1
MAHINDRA AND MAHINDRA FINANCIAL SERVICES LIMITED	Active	278.0 Cr	1
OMNIACTIVE HEALTH TECHNOLOGIES LIMITED	Active	11.7 Cr	1
GEOMETRIC LIMITED	Amalgamated	13.4 Cr	1
CEAT LIMITED	Active	40.5 Cr	1
ASTEROIDS TRADING AND INVESTMENTS PRIVATE LIMITED	Active	1.2 L	1	Maharashtra
NEHAL TRADING AND INVESTMENTS PRIVATE LIMITED	Active	2.0 L	1	Maharashtra
UNNATI TRADING AND INVESTMENTS PRIVATE LIMITED	Active	2.0 L	1	Maharashtra
LAMBODAR INVESTMENTS AND TRADING COMPANY LIMITED	Active	5.2 L	1	Maharashtra
JALAJ TRADING AND INVESTMENT CO PVT LTD	Active	2.0 L	1	Maharashtra
VIKATMEV CONTAINERS LIMITED	Active	3.0 Cr	1	Maharashtra
SAPAN INVESTMENTS PRIVATE LIMITED	Amalgamated	1.0 L	2	Maharashtra
SADAVANI INVESTMENTS AND TRADING COMPANY PRIVATE LIMITED	Amalgamated	1.0 L	1	Maharashtra
STACK PACK LIMITED	Active	9.5 Cr	1	Maharashtra
SUPTASWAR INVESTMENTS AND TRADING COMPANY LIMITED	Active	5.0 L	1	Maharashtra
MURAHAR INVESTMENTS AND TRADING COMPANY LIMITED	Active	5.0 L	1	Maharashtra
ELCID INVESTMENTS LIMITED	Active	20.0 L	1	Maharashtra
SUPRASAD INVESTMENTS AND TRADING COMPANY PRIVATE LIMITED	Amalgamated	1.1 L	1	Maharashtra
CLEAR MIPAK PACKAGING SOLUTIONS LIMITED	Amalgamated	4.5 Cr	1	Maharashtra
RAYIRTH HOLDING AND TRADING COMPANY PRIVATE LIMITED	Active	2.0 Cr	1	Maharashtra
HOMEVILLA YOGA PRIVATE LIMITED	Active	2.1 Cr	1	Maharashtra
CANES VENATICI TRADING PRIVATE LIMITED	Active	1.0 L	1	Maharashtra
SURYAKANT PAINT ACCESSORIES PRIVATE LIMI TED	Strike Off	1.0 L	1	Tamil Nadu
HITECH GREEN MOBILITY PRIVATE LIMITED	Dormant under section 455	1.0 L	1	Maharashtra
HITECH SMART MOBILITY PRIVATE LIMITED	Dormant under section 455	1.0 L	1	Maharashtra
MEFREE LLP	Active	1.0 L	1	Maharashtra
SATTVA HOLDING AND TRADING PRIVATE LIMITED	Active	2.0 Cr	1	Maharashtra
THRIARR POLYMERS PRIVATE LIMITED	Active	2.1 Cr	1
HITECH CORPORATION LIMITED	Active	17.2 Cr	1
MYELIN FOUNDRY PRIVATE LIMITED	Active	3.8 L	1	Karnataka
ICICI SECURITIES LIMITED	Active	162.0 Cr	1	Maharashtra
BOSCH LIMITED	Active	29.5 Cr	2
INDIAN FOUNDATION FOR QUALITY MANAGEMENT	Active	1.0 L	1	Karnataka
TATA INDIAN INSTITUTE OF SKILLS	Active	0.0	1	Maharashtra
TATA ELXSI LIMITED	Active	62.3 Cr	1
FOUNDATION TO EDUCATE GIRLS GLOBALLY	Active	0.0	1	Delhi
JAL SEVA CHARITABLE FOUNDATION	Active	17,500.0	1	Delhi
VIDHI CENTRE FOR LEGAL POLICY	Active	0.0	1	Delhi
URBANCLAP TECHNOLOGIES INDIA PRIVATE LIMITED	Active	40.1 L	1	Delhi
HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED	Amalgamated	370.3 Cr	1
MARUTI SUZUKI INDIA LIMITED	Active	157.2 Cr	1
URBAN COMPANY LIMITED	Active	49.4 Cr	1
VULCAN PROMOTERS PRIVATE LIMITED	Active	1.0 L	1	Delhi
BRITCHIP FOODS LIMITED	Active	150.0 Cr	1	West Bengal
BRITANNIA BEL FOODS PRIVATE LIMITED	Active	10.3 Cr	1	West Bengal
GO AIRLINES (INDIA) LIMITED	Active	722.6 Cr	1	Delhi
THE BOMBAY DYEING AND MANUFACTURING COMPANY LIMITED	Active	41.3 Cr	1
PAGE INDUSTRIES LIMITED	Active	11.2 Cr	1
BRITANNIA INDUSTRIES LTD	Active	24.1 Cr	1
PAINTS AND COATINGS SKILL COUNCIL	Active	1.0 Cr	1	Maharashtra

Subsidiary Companies

Name	State / Country	Incorporation Year	Paidup Capital
Asian Paints (Bangladesh) Ltd	Bangladesh	-	-
Asian Paints (International) Ltd	Mauritius	-	-
Asian Paints (Middle East) LLC	Sultanate Of Oman	-	-
Asian Paints (Nepal) Pvt Ltd	Nepal	-	-
Asian Paints (Solomon Island) Limited	Solomon Islands	-	-
Asian Paints (South Pacific) Pte Ltd	Fiji Islands	-	-
Asian Paints (Tonga) Ltd	Kingdom Of Tonga	-	-
Asian Paints (Vanuatu) Ltd	Republic Of Vanuatu	-	-
ASIAN PAINTS INDUSTRIAL COATINGS LIMITED	Maharashtra	2001	₹ 30.4 Cr
Asian Paints (Lanka) Ltd	Sri Lanka	-	-
Berger International Private Ltd	Singapore	-	-
Berger Paints Bahrain W.L.L.	Bahrain	-	-
Berger Paints Barbados Ltd	Barbados	-	-
Berger Paints Emirates LLC	United Arab Emirates	-	-
Berger Paints Jamaica Ltd	Jamaica	-	-
Berger Paints Singapore Pte Ltd	Singapore	-	-
Berger Paints Trinidad Ltd	Trinidad	-	-
Kadisco Paint and Adhesive Industry Share Company	Ethiopia	-	-
Enterprise Paints Ltd	Isle Of Man, U.K.	-	-
Lewis Berger (Overseas Holdings) Ltd	United Kingdom	-	-
MAXBHUMI DEVELOPERS LIMITED	Maharashtra	2007	₹ 41.9 L
Nirvana Investments Ltd	Isle Of Man, U.K.	-	-
Samoa Paints Ltd	Samoa	-	-
SCIB Chemicals S.A.E.	Egypt	-	-
Universal Paints Ltd	Isle Of Man, U.K.	-	-
PT Asian Paints Indonesia	Indonesia	-	-
PT Asian Paints Color Indonesia	Indonesia	-	-
MULTIFACET INFRASTRUCTURE (INDIA) LIMITED	Puducherry	2007	₹ 5.0 L
SLEEK INTERNATIONAL PRIVATE LIMITED		1993	₹ 29.0 L

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No risks identified

Moderate Risk

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Low Risk

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Registered Details

CIN

L24220MH1945PLC004598

PAN

AAACA3622K

Incorporation

1945, 79.7 years

Company Email

investor.relations@asianpaints.com

Paid up Capital

₹ 95.9 Cr

Authorised Capital

₹ 100.0 Cr

AGM

Jun 2024

Type

Public

Others

FAQ - ASIAN PAINTS LIMITED

What is the incorporation date of ASIAN PAINTS LIMITED?

The incorporation date of ASIAN PAINTS LIMITED is 24 October, 1945

What is the authorized share capital of ASIAN PAINTS LIMITED?

The authorized share capital of ASIAN PAINTS LIMITED is INR ₹ 100.0 Cr.

What is the paid-up capital of ASIAN PAINTS LIMITED?

The paid-up capital of ASIAN PAINTS LIMITED is INR ₹ 95.9 Cr.

What is the registered address of ASIAN PAINTS LIMITED?

The registered address of ASIAN PAINTS LIMITED is 6A & 6B, Shantinagar, Santacruz(East), Mumbai, Mumbai, Maharashtra, India, 400055 - 400055

What is the CIN number of ASIAN PAINTS LIMITED?

The CIN number of ASIAN PAINTS LIMITED is L24220MH1945PLC004598.

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