Asian Paints Limited: CSR spending FY 2021-22 to 2025-26
Asian Paints Limited spent ₹464.09 crore on CSR from FY 2021-22 to 2025-26 (standalone company, from its annual reports), shown year by year with the money set aside for ongoing projects.
FY 2023-24
In FY 2023-24 Asian Paints spent ₹91.26 crore on CSR against a 2% obligation of ₹90.59 crore; the largest area was skills and livelihoods (₹49.75 crore).
Period: Apr 2023 - Mar 2024.
- Obligation (2% rule): ₹90.59 crore
- Spent in the year: ₹91.26 crore (projects ₹85.97 crore, admin overheads ₹4.54 crore, impact assessment ₹0.75 crore)
- Set aside for ongoing projects (Unspent CSR Account): ₹0 crore
- Transferred to a Schedule VII fund: ₹0 crore
- Excess carried forward to set off in later years (balance at year end): ₹0.45 crore
- Environment spend: ₹23.26 crore
Spending by area
| Area | Amount |
|---|---|
| Enhancing vocational skills (Schedule VII item ii) | ₹49.75 crore |
| Water management/stewardship (Schedule VII item iv) | ₹23.26 crore |
| Health and hygiene (Schedule VII item i) | ₹12.72 crore |
| Disaster management (Schedule VII item xii) | ₹0.02 crore |
Main programmes
- Colour Academy vocational training: Rs 49.75 cr (academies/mobile units across multiple cities)
- Water stewardship: check dams, water body rejuvenation, canal lining, agri training and plantations: Rs 23.26 cr
- Health and hygiene (mobile health units, static clinics, truckers): Rs 12.72 cr
- Disaster relief and rehabilitation: Rs 0.02 cr
- SPARSH employee volunteering
Trees and greening
- Water stewardship includes agriculture training, demonstrations and plantations (no tree count or amount given)
Source: S3 Integrated Annual Report 2023-24 (NSE copy); CSR Projects 2023-24 list, pages pdf pp 108-112
Sources: Board's Report 2025-26 incl. Annexure E (CSR); CSR Projects 2025-26 list – Asian Paints Limited; Board's Report 2024-25 incl. Annexure E (CSR); CSR Projects 2024-25 list – Asian Paints Limited; Integrated Annual Report 2023-24 (NSE copy); CSR Projects 2023-24 list – Asian Paints Limited; Annual Report 2021-22 (BSE copy) – Asian Paints Limited
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