Asian Paints (NSE:ASIANPAINT) Debt-to-Equity: N/A (As of Jun. 2026)

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NSE:ASIANPAINT Asian Paints Ltd NSE:ASIANPAINT
99 GF Score
Price ₹2,631.00
GF Value ₹2,930.24
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Asian Paints Debt-to-Equity?

Asian Paints's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Asian Paints's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Asian Paints's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₹0 Mil.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Asian Paints's Debt-to-Equity or its related term are showing as below:

NSE:ASIANPAINT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.12   Max: 0.18
Current: 0.18

During the past 13 years, the highest Debt-to-Equity Ratio of Asian Paints was 0.18. The lowest was 0.04. And the median was 0.12.

NSE:ASIANPAINT's Debt-to-Equity is ranked better than
67.84% of 1418 companies
in the Chemicals industry
Industry Median: 0.36 vs NSE:ASIANPAINT: 0.18

Asian Paints  (NSE:ASIANPAINT) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Asian Paints Debt-to-Equity Related Terms

Asian Paints Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Asian Paints's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Asian Paints Debt-to-Equity Chart

Asian Paints Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.12 0.13 0.12 0.18

Asian Paints Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 0.18 N/A 0.18 N/A

NSE:ASIANPAINT vs LIN, SHW, ECL: Debt-to-Equity Comparison

For the Specialty Chemicals subindustry, Asian Paints's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Asian Paints Debt-to-Equity vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Asian Paints's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Asian Paints's Debt-to-Equity falls into.


NSE:ASIANPAINT
99GF Score
Asian Paints Ltd NSE:ASIANPAINT
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asian Paints Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Asian Paints's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(13748.2 + 25541.1) / 213715.9
=0.18

Asian Paints's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 0) / 0
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Is Asian Paints (NSE:ASIANPAINT) Overvalued in 2026?

Based on GuruFocus' analysis, Asian Paints stock appears to be undervalued. The current stock price of ₹2,631.00 is trading 10.2% below its estimated GF Value™ of ₹2,930.24. GuruFocus considers Asian Paints to be Modestly Undervalued.

Key valuation signals for NSE:ASIANPAINT:

  • Debt-to-Equity: N/A
  • GF Value™: ₹2,930.24 vs. price of ₹2,631.00 (10.2% below fair value)
  • GF Score™: 99/100 with 2 warning signs

No single metric tells the full story. See the NSE:ASIANPAINT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Asian Paints Business Description

Other Exchanges 500820:India
Address 6A & 6B, Shantinagar, Santacruz (East), Mumbai, MH, IND, 400 055
Asian Paints Ltd is in the business of colour, decor, design and protection and operates through Decorative, International, Home Decor, and Industrial segments. The Decorative segment offers interior and exterior wall finishes, wood finishes, waterproofing, enamels, adhesives, tools, and undercoats. The Home Decor segment offers modular kitchens and wardrobes, bath fittings and sanitaryware, decorative lightings, uPVC windows and doors, wall coverings, furniture, fabric and furnishings, and rugs. The International segment caters to customers across Asia, the Middle East, Africa and the South Pacific. The Industrial segment provides automotive, general industrial, packaging, marine, industrial protective coatings, and powder coatings. The majority of revenue comes from India.
99GF Score

Get the complete analysis for NSE:ASIANPAINT

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹2,631.00
Price
₹2,930.24
GF Value