Alerts will be sent to your verified email
Verify EmailASIANPAINT
Balance sheet of Asian Paints is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Asian Paints is increasing.
Latest debt of Asian Paints is ₹323 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹967.58 Crs.
The profit is oscillating.
The profit of Asian Paints is ₹4,490 Crs for TTM, ₹5,460 Crs for Mar 2024 and ₹4,106 Crs for Mar 2023.
The company seems to pay a good stable dividend.
Asian Paints latest dividend payout ratio is 58.5% and 3yr average dividend payout ratio is 59.67%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Capital Work in Progress