diff --git a/example.env b/example.env
index 42d6d9fd..665d006e 100644
--- a/example.env
+++ b/example.env
@@ -1,6 +1,6 @@
 # Reference: https://github.com/frappe/frappe_docker/blob/main/docs/environment-variables.md
 
-ERPNEXT_VERSION=v15.31.1
+ERPNEXT_VERSION=v15.31.2
 
 DB_PASSWORD=123
 
diff --git a/pwd.yml b/pwd.yml
index a9aec413..e80baca6 100644
--- a/pwd.yml
+++ b/pwd.yml
@@ -2,7 +2,7 @@ version: "3"
 
 services:
   backend:
-    image: frappe/erpnext:v15.31.1
+    image: frappe/erpnext:v15.31.2
     deploy:
       restart_policy:
         condition: on-failure
@@ -11,7 +11,7 @@ services:
       - logs:/home/frappe/frappe-bench/logs
 
   configurator:
-    image: frappe/erpnext:v15.31.1
+    image: frappe/erpnext:v15.31.2
     deploy:
       restart_policy:
         condition: none
@@ -39,7 +39,7 @@ services:
       - logs:/home/frappe/frappe-bench/logs
 
   create-site:
-    image: frappe/erpnext:v15.31.1
+    image: frappe/erpnext:v15.31.2
     deploy:
       restart_policy:
         condition: none
@@ -89,7 +89,7 @@ services:
       - db-data:/var/lib/mysql
 
   frontend:
-    image: frappe/erpnext:v15.31.1
+    image: frappe/erpnext:v15.31.2
     depends_on:
       - websocket
     deploy:
@@ -113,7 +113,7 @@ services:
       - "8080:8080"
 
   queue-long:
-    image: frappe/erpnext:v15.31.1
+    image: frappe/erpnext:v15.31.2
     deploy:
       restart_policy:
         condition: on-failure
@@ -127,7 +127,7 @@ services:
       - logs:/home/frappe/frappe-bench/logs
 
   queue-short:
-    image: frappe/erpnext:v15.31.1
+    image: frappe/erpnext:v15.31.2
     deploy:
       restart_policy:
         condition: on-failure
@@ -157,7 +157,7 @@ services:
       - redis-cache-data:/data
 
   scheduler:
-    image: frappe/erpnext:v15.31.1
+    image: frappe/erpnext:v15.31.2
     deploy:
       restart_policy:
         condition: on-failure
@@ -169,7 +169,7 @@ services:
       - logs:/home/frappe/frappe-bench/logs
 
   websocket:
-    image: frappe/erpnext:v15.31.1
+    image: frappe/erpnext:v15.31.2
     deploy:
       restart_policy:
         condition: on-failure